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H

Harbin Air Conditioning Co 600202.SS · CNY

Industrials · Shanghai · 🇨🇳 China

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5.15

+4.25%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥1.52bn

FY2016FY2025

Net income

CN¥7.3m

FY2016FY2025

Free cash flow

CN¥36.9m

FY2016FY2025

Shareholders' equity

CN¥839.4m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥1.52bnCN¥1.41bnCN¥1.42bnCN¥1.10bnCN¥852.8mCN¥917.2mCN¥904.5mCN¥768.8mCN¥273.5mCN¥264.9m
Research and developmentCN¥40.5mCN¥41.2mCN¥46.6mCN¥35.6mCN¥32.4mCN¥34.7mCN¥34.5mCN¥23.0mCN¥15.4mCN¥19.9m
Operating incomeCN¥29.0mCN¥35.3mCN¥34.6mCN¥61.6mCN¥72.3mCN¥76.6mCN¥80.6mCN¥47.1m−CN¥72.6m−CN¥213.3m
Net incomeCN¥7.3mCN¥7.4mCN¥21.3mCN¥37.5mCN¥66.1mCN¥50.4mCN¥50.6mCN¥20.8m−CN¥87.5m−CN¥181.2m
Diluted earnings per share0.020.020.060.100.170.130.130.05-0.23-0.47

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥2.77bnCN¥2.83bnCN¥2.94bnCN¥2.46bnCN¥2.15bnCN¥2.28bnCN¥2.01bnCN¥1.68bnCN¥1.65bnCN¥1.91bn
Cash and short-term investments—CN¥286.6mCN¥306.4mCN¥237.7mCN¥299.7mCN¥325.1mCN¥194.2mCN¥118.8mCN¥177.0mCN¥178.2m
Total liabilitiesCN¥1.91bnCN¥1.97bnCN¥2.08bnCN¥1.63bnCN¥1.37bnCN¥1.58bnCN¥1.34bnCN¥1.06bnCN¥1.06bnCN¥1.23bn
DebtCN¥41.0mCN¥367.5mCN¥891.9mCN¥653.9mCN¥430.0mCN¥390.0mCN¥350.0mCN¥331.0mCN¥581.7mCN¥791.7m
Shareholders' equityCN¥839.4mCN¥833.9mCN¥830.7mCN¥810.0mCN¥773.0mCN¥705.2mCN¥669.4mCN¥616.5mCN¥595.7mCN¥683.2m
Shares outstanding383m372m382m383m383m384m384m384m384m383m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥64.6m−CN¥31.5m−CN¥34.9mCN¥47.3m−CN¥64.0m−CN¥86.3m−CN¥27.1m−CN¥4.3mCN¥183.1mCN¥258.1m
Capital spending−CN¥27.7m−CN¥24.3m−CN¥43.9m−CN¥35.0m−CN¥15.3m−CN¥20.3m−CN¥10.1m−CN¥9.8m−CN¥5.8m−CN¥26.1m
Free cash flowCN¥36.9m−CN¥55.8m−CN¥78.7mCN¥12.3m−CN¥79.3m−CN¥106.5m−CN¥37.2m−CN¥14.0mCN¥177.4mCN¥232.0m
Dividends paid−CN¥29.4m−CN¥34.2m−CN¥26.2m−CN¥23.2m−CN¥16.8m−CN¥29.1m−CN¥13.4m−CN¥18.1m−CN¥29.2m−CN¥42.3m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥290.7mCN¥162.4mCN¥695.9mCN¥278.2mCN¥363.7mCN¥185.2mCN¥465.0mCN¥233.4m
Operating income−CN¥4.6m−CN¥17.7mCN¥77.8m−CN¥21.4mCN¥6.7m−CN¥1.2mCN¥541,927CN¥2.5m
Net income−CN¥22.0m−CN¥30.5mCN¥31.1m−CN¥16.2mCN¥2.2m−CN¥9.8mCN¥5.9m−CN¥7.5m
Diluted earnings per share-0.06-0.080.08-0.040.01-0.030.02-0.02
Cash from operations———CN¥40.0mCN¥9.0m−CN¥36.0m—CN¥116.0m
Capital spending−CN¥7.0m−CN¥8.0m−CN¥10.0m−CN¥4.0m−CN¥10.0m−CN¥2.0m−CN¥2.0m−CN¥4.0m
Free cash flow———CN¥36.0m−CN¥1.0m−CN¥38.0m—CN¥112.0m
Total assetsCN¥2.83bnCN¥2.75bnCN¥2.77bnCN¥2.74bnCN¥2.71bnCN¥2.81bnCN¥2.83bnCN¥3.01bn
Cash and short-term investments———CN¥191.6mCN¥186.7mCN¥236.5mCN¥286.6mCN¥255.5m
DebtCN¥126.0mCN¥96.0mCN¥41.0mCN¥1.09bnCN¥712.1mCN¥350.2mCN¥364.3mCN¥350.7m
Shareholders' equityCN¥789.3mCN¥810.6mCN¥839.4mCN¥807.4mCN¥826.6mCN¥824.3mCN¥833.9mCN¥828.5m

Financial ratios

Data as of 28 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin1.7%2.8%4.1%6.5%9.8%9.8%
Net margin0.5%0.5%1.5%3.4%7.8%5.5%
Return on equity0.9%0.9%2.6%4.6%8.6%7.1%
Return on assets0.3%0.3%0.7%1.5%3.1%2.2%
Free cash flow yield5.1%-0.4%0.5%4.5%-2.7%-3.6%
Revenue growth8.3%-1.1%29.0%29.4%-7.0%1.4%
Earnings growth-0.7%-65.5%-43.0%-43.4%31.2%-0.3%
Current ratio1.13x1.12x1.29x1.22x1.37x1.20x
Debt to equity0.05x0.44x1.07x0.81x0.56x0.77x
Equity ratio30.3%29.5%28.3%32.9%36.0%30.9%
Interest coverage1.60x1.02x1.72x2.46x3.70x2.69x
R&D as a share of sales2.7%2.9%3.3%3.2%3.8%3.8%
Buybacks as a share of market value-2.8%2.5%0.4%-0.2%0.2%0.1%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue11.4%10.7%7.2%
Operating income-22.2%-17.6%22.3%
Net income-42.0%-32.0%-6.3%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin2.2%2.9%4.3%1.5%
Net margin0.5%1.3%2.6%0.1%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings306.4225.3111.751.528.632.037.160.6-26.9-25.6
Price to sales1.51.21.71.82.21.82.11.68.617.5

Dividends and splits

Per share, in the currency the company pays

Paid for 2 years. Last went ex-dividend on 22 Jul 2025.

FY2025FY2024FY2020FY2015FY2013FY2010FY2009FY2008
Paid in the year0.010.010.040.0180.0170.1080.0420.022
  • 6-for-5 split · 11 May 2009
  • 13-for-10 split · 25 Jun 2008
  • 1-to-1 reverse split · 5 Sept 2006
  • 11-for-10 split · 9 Jul 2002
  • 2-for-1 split · 17 Apr 2001

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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