Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (SHE:000922)

China · Delayed Price · Currency is CNY

11.80

-0.25 (-2.07%)

Aug 24, 2026, 3:04 PM CST

SHE:000922 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	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Revenue	5,123	4,920	4,899	5,321	4,559	3,046
Revenue Growth	4.23%	0.42%	-7.92%	16.69%	49.71%	28.57%
Gross Profit	1,109	1,007	975.95	1,098	931.49	561.98
Operating Income	453.01	337.22	378.41	453.14	375.28	182.58
Net Income	307.39	254.07	256.48	399.38	381.28	213.4
Earnings Per Share	0.36	0.31	0.36	0.56	0.53	0.30
EPS Growth	16.26%	-13.96%	-35.80%	5.04%	78.53%	-47.60%

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023
China	4,888	4,895	5,303	4,532
Foreign	32.25	4.82	17.91	27.36
Total	4,920	4,899	5,321	4,559

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Investments	1,463	2,524	2,723	2,463	2,651	1,403
Total Debt	176.18	166.66	1,502	1,147	923.59	4.16
Net Cash (Debt)	1,287	2,357	1,221	1,316	1,727	1,399
Net Cash Growth	2.22%	93.09%	-7.25%	-23.81%	23.46%	-5.05%
Net Cash Per Share	1.51	2.86	1.71	1.84	2.41	1.95

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Cash Flow	314.61	296.56	459.09	555.15	513.48	68.28
Capital Expenditures	-357.8	-368.89	-248.17	-177.62	-79.38	-24.76
Free Cash Flow	-43.19	-72.33	210.92	377.52	434.1	43.52
Free Cash Flow Growth	-	-	-44.13%	-13.03%	897.41%	-90.20%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Gross Margin	21.65%	20.46%	19.92%	20.64%	20.43%	18.45%
Operating Margin	8.84%	6.85%	7.72%	8.52%	8.23%	6.00%
Pretax Margin	9.07%	7.75%	7.73%	9.68%	8.98%	7.78%
Profit Margin	6.00%	5.16%	5.24%	7.51%	8.36%	7.01%
FCF Margin	-0.84%	-1.47%	4.30%	7.10%	9.52%	1.43%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Dividend Per Share	0.092	0.092	0.092	0.168	0.100	0.067
Dividend Per Share Growth	18.92%	-0.86%	-45.04%	68.30%	49.93%	-49.96%
Dividend Yield	0.76%	0.80%	1.00%	2.03%	1.39%	0.69%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
PE Ratio	32.73	37.64	26.12	15.32	14.03	34.28
Forward PE	-	16.07	12.99	13.29	-	-
P/FCF Ratio	-	-	31.76	16.21	12.33	168.11
PS Ratio	1.92	1.94	1.37	1.15	1.17	2.40