Harbin Electric Company Limited (HKG:1133)

Harbin Electric Company Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Jan 1, 2021
Cash & Equivalents	17,914	16,049	18,677	17,301	13,602	12,249
Short-Term Investments	-	1,972	2,339	1.28	300.7	598.69
Trading Asset Securities	402.43	2	603.15	202.38	1.59	-
Cash & Short-Term Investments	18,316	18,022	21,620	17,504	13,904	12,847
Cash Growth	-1.93%	-16.64%	23.51%	25.89%	8.23%	6.60%
Accounts Receivable	17,192	16,222	15,884	17,300	19,298	20,831
Other Receivables	1,421	1,513	1,670	2,613	1,552	1,122
Receivables	18,613	17,930	17,779	20,202	22,160	22,778
Inventory	16,848	14,582	10,977	9,405	9,277	8,246
Other Current Assets	13,906	9,675	10,251	6,412	6,159	4,807
Total Current Assets	67,683	60,209	60,627	53,524	51,501	48,678
Property, Plant & Equipment	6,877	6,706	5,661	6,195	6,163	5,760
Long-Term Investments	2,662	1,903	1,833	1,222	634.4	1,266
Goodwill	9.09	9.09	34.52	23.92	23.92	-
Other Intangible Assets	943.76	959.59	937.85	920.27	961.52	968.45
Long-Term Accounts Receivable	509.46	440.69	554.31	398.96	251.45	294.24
Long-Term Deferred Tax Assets	582.27	603.82	625.36	723.81	738.01	538.05
Long-Term Deferred Charges	77.73	243.25	213.82	102.62	113.71	61.19
Other Long-Term Assets	1,066	872.38	810.74	172.97	192.1	370.14
Total Assets	80,410	71,946	71,297	63,284	60,610	57,961
Accounts Payable	24,691	18,911	22,349	20,845	21,134	19,255
Accrued Expenses	604.02	1,493	1,344	1,243	854.17	967.17
Short-Term Debt	3,626	4,482	3,285	4,813	5,375	5,247
Current Portion of Long-Term Debt	735.99	377.01	1,073	376.8	1,189	-
Current Portion of Leases	-	4.96	1.07	25.26	-	0.43
Current Income Taxes Payable	504.27	119.3	15.29	4.95	23.06	25.5
Current Unearned Revenue	29,062	26,489	23,134	17,430	15,046	12,018
Other Current Liabilities	2,182	1,317	1,668	1,121	831.57	893.49
Total Current Liabilities	61,406	53,192	52,869	45,859	44,452	38,406
Long-Term Debt	650.28	810.49	1,748	2,392	1,033	1,885
Long-Term Leases	12.79	8.94	11.01	88.42	-	-
Long-Term Unearned Revenue	198.64	175.12	179.97	236.32	264.22	265.82
Long-Term Deferred Tax Liabilities	6.63	9.77	6.58	10.22	-	-
Other Long-Term Liabilities	1,314	1,280	1,574	1,978	2,280	1,052
Total Liabilities	63,588	55,756	56,709	50,910	48,416	41,761
Common Stock	2,236	2,236	2,236	1,707	1,707	1,707
Additional Paid-In Capital	-	5,456	5,461	4,298	4,339	4,341
Retained Earnings	8,337	7,796	6,213	5,587	5,489	9,608
Comprehensive Income & Other	5,549	-5.78	-45.32	135.96	34.63	20.82
Total Common Equity	16,123	15,483	13,865	11,728	11,569	15,677
Minority Interest	698.84	707.1	723.09	645.91	625.99	522.84
Shareholders' Equity	16,822	16,190	14,588	12,374	12,195	16,200
Total Liabilities & Equity	80,410	71,946	71,297	63,284	60,610	57,961
Total Debt	5,026	5,683	6,119	7,695	7,597	7,132
Net Cash (Debt)	13,290	12,339	15,501	9,809	6,307	5,715
Net Cash Growth	1.73%	-20.40%	58.03%	55.53%	10.36%	-2.33%
Net Cash Per Share	5.95	5.52	8.44	5.77	3.70	3.14
Filing Date Shares Outstanding	2,236	2,236	2,236	1,707	1,707	1,707
Total Common Shares Outstanding	2,236	2,236	2,236	1,707	1,707	1,707
Working Capital	6,277	7,016	7,757	7,665	7,049	10,272
Book Value Per Share	7.21	6.92	6.20	6.87	6.78	9.19
Tangible Book Value	15,170	14,514	12,892	10,784	10,583	14,709
Tangible Book Value Per Share	6.78	6.49	5.77	6.32	6.20	8.62
Buildings	-	5,349	5,148	5,642	5,203	5,027
Machinery	-	9,211	8,770	9,989	9,680	9,211
Construction In Progress	-	1,274	652.74	209.9	750.21	114.31

Source: S&P Global Market Intelligence. Standard template. Financial Sources.