Harbin Electric Posts 2025 Results with Higher Inventories and Contract Assets

Harbin Electric Co. Ltd. Class H ( (HK:1133) ) has issued an update.

Harbin Electric Company Limited has released its audited consolidated results for the year ended 31 December 2025, prepared under China Accounting Standards for Business Enterprises. The disclosure highlights a sizable base of current assets, including strong cash holdings, substantial inventories, and significant contract assets and receivables, reflecting the scale and working-capital intensity of its equipment and engineering operations.

Compared with the prior year, the company’s balance sheet shows increases in inventories, receivables financing, financial assets held under resale agreements, and other current assets, alongside a modest decline in monetary funds and notes receivable. These shifts suggest continued order execution and project activity, with higher stock and contract balances underpinning ongoing business but also implying elevated capital tied up in operations that stakeholders will monitor for impacts on liquidity and returns.

The most recent analyst rating on (HK:1133) stock is a Buy with a HK$23.00 price target. To see the full list of analyst forecasts on Harbin Electric Co. Ltd. Class H stock, see the HK:1133 Stock Forecast page.

More about Harbin Electric Co. Ltd. Class H

Harbin Electric Company Limited is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong under stock code 1133. The group operates in the power equipment and related engineering industry, producing and supplying electrical machinery and systems that support large-scale industrial and energy projects in domestic and international markets.

Average Trading Volume: 9,085,079

Technical Sentiment Signal: Buy

Current Market Cap: HK$54.7B

For an in-depth examination of 1133 stock, go to TipRanks’ Overview page.