Harbin Electric Company Limited (HKG:1133)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
14.40
+0.05 (0.35%)
Sep 15, 2026, 11:59 AM HKT

Harbin Electric Company Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Jan '24 Dec '22 Jan '22
Revenue
48,02345,69838,29828,84124,64421,225
Revenue Growth
5.09%19.32%32.79%17.03%16.11%-10.67%
Gross Profit
7,0166,0494,5852,8012,634-1,357
Operating Income
3,4792,6441,815251.62-276.99-4,574
Net Income
3,3332,6661,686574.7698.64-4,142
Earnings Per Share
1.491.190.750.310.06-2.43
EPS Growth
25.02%58.10%140.89%439.66%--

Revenue by Segment

Fiscal YearTTMFY 2025
Period EndingJun '26 Dec '25
Green and Low-carbon Drive System
453.1346.84
Clean and Efficient Industrial Systems
5,2254,848
New-Type Power System
33,01131,696
Offset
-3,226-3,455
Other businesses
12,90612,633
Total
48,37046,069

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Jan '24 Dec '22 Jan '22
Cash & Investments
20,11119,10218,02221,62017,50413,904
Total Debt
4,2854,4375,6836,1197,6957,597
Net Cash (Debt)
15,82614,66512,33915,5019,8096,307
Net Cash Growth
7.92%18.85%-20.40%58.03%55.53%10.36%
Net Cash Per Share
7.086.565.528.445.773.70

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Jan '24 Dec '22 Jan '22
Operating Cash Flow
7,7844,629-241.972,2844,7471,034
Capital Expenditures
-1,656-1,771-1,684-1,090-372.92-375.95
Free Cash Flow
6,1292,857-1,9261,1944,374657.6
Free Cash Flow Growth
114.48%---72.71%565.17%-59.66%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Jan '24 Dec '22 Jan '22
Gross Margin
14.61%13.24%11.97%9.71%10.69%-6.39%
Operating Margin
7.25%5.79%4.74%0.87%-1.12%-21.55%
Pretax Margin
7.42%5.98%5.27%2.67%0.84%-19.79%
Profit Margin
6.94%5.83%4.40%1.99%0.40%-19.52%
FCF Margin
12.76%6.25%-5.03%4.14%17.75%3.10%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Dec '25 Dec '24 Jan '24 Dec '22
Dividend Per Share
0.4070.3650.2310.0520.006
Dividend Per Share Growth
65.32%58.09%344.45%766.87%-
Dividend Yield
2.50%2.49%10.34%3.01%0.24%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Jan '24 Dec '22 Jan '22
PE Ratio
8.3412.543.157.3147.90-
Forward PE
7.5011.484.174.0716.2613.95
P/FCF Ratio
4.5411.70-3.521.087.44
PS Ratio
0.580.730.140.150.190.23