Harbin Air Conditioning Co.,Ltd. (SHA:600202)

China · Delayed Price · Currency is CNY

4.630

+0.080 (1.76%)

Jul 31, 2026, 3:00 PM CST

Harbin Air Conditioning Financials Overview

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

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,500	1,523	1,407	1,423	1,103	852.78
Revenue Growth	13.08%	8.25%	-1.10%	28.97%	29.35%	-7.02%
Gross Profit	186.85	199.53	179.98	228.14	157.41	58.84
Operating Income	15.11	33.09	26.86	71.15	39.85	-51.28
Net Income	-13.44	7.31	7.36	21.34	37.46	66.15
Earnings Per Share	-0.04	0.02	0.02	0.06	0.10	0.17
EPS Growth	-	-0.52%	-65.53%	-42.99%	-43.40%	31.25%

Revenue by Geography

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
China	1,369
Other Overseas	146.06
Total	1,515

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	126.51	234.09	286.59	306.42	237.66	299.67
Total Debt	792.84	808.24	868.53	891.89	653.88	430
Net Cash (Debt)	-666.34	-574.15	-581.95	-585.47	-416.21	-130.33
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.74	-1.50	-1.52	-1.53	-1.09	-0.34

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	10.54	64.57	-31.5	-34.87	47.29	-64.01
Capital Expenditures	-33.39	-27.66	-24.26	-43.87	-35	-15.31
Free Cash Flow	-22.85	36.92	-55.76	-78.74	12.29	-79.32
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	12.45%	13.10%	12.79%	16.04%	14.27%	6.90%
Operating Margin	1.01%	2.17%	1.91%	5.00%	3.61%	-6.01%
Pretax Margin	-0.71%	0.64%	0.06%	1.71%	3.84%	7.14%
Profit Margin	-0.90%	0.48%	0.52%	1.50%	3.40%	7.76%
FCF Margin	-1.52%	2.42%	-3.96%	-5.54%	1.11%	-9.30%

Dividends

Fiscal Year	FY 2024
Period Ending	Dec '24 Dec 31, 2024
Dividend Per Share	0.020
Dividend Per Share Growth	-
Dividend Yield	0.45%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	307.95	231.92	112.11	51.48	28.63
P/FCF Ratio	-	60.95	-	-	156.95	-
PS Ratio	1.18	1.48	1.21	1.68	1.75	2.22