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Harbin Electric Co. Ltd. Class H
(Frankfurt:1133)
Harbin Electric Co. Ltd. Class H (1133) vs. iShares MSCI Hong Kong ETF (EWH)
Harbin Electric Co. Ltd. Class H Business Overview & Revenue Model
Harbin Electric Co. Ltd. Class H Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 38.30B | 28.84B | 24.64B | 21.23B | 23.76B |
| Gross Profit | 4.80B | 3.10B | 2.63B | -1.36B | 2.52B |
| EBITDA | 1.89B | 1.10B | 460.02M | -3.96B | 453.58M |
| Net Income | 1.69B | 574.76M | 98.64M | -4.14B | -7.28M |
Balance Sheet | |||||
| Total Assets | 71.95B | 71.30B | 63.28B | 60.61B | 57.96B |
| Cash, Cash Equivalents and Short-Term Investments | 16.05B | 21.62B | 17.50B | 13.90B | 12.85B |
| Total Debt | 5.68B | 12.27B | 14.34B | 14.77B | 13.41B |
| Total Liabilities | 55.76B | 56.71B | 50.91B | 48.42B | 41.76B |
| Stockholders Equity | 15.48B | 13.86B | 11.73B | 11.57B | 15.68B |
Cash Flow | |||||
| Free Cash Flow | -1.93B | 1.19B | 4.37B | 657.60M | 1.63B |
| Operating Cash Flow | -241.97M | 2.28B | 4.75B | 1.03B | 1.98B |
| Investing Cash Flow | -1.07B | -1.71B | -660.43M | 974.76M | -1.18B |
| Financing Cash Flow | -803.43M | 521.88M | -464.07M | -657.77M | 1.37B |
Harbin Electric Co. Ltd. Class H Technical Analysis
Harbin Electric Co. Ltd. Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | HK$32.96B | 9.87 | 15.54% | 3.54% | 21.08% | 21.27% | |
78 Outperform | HK$13.28B | 7.27 | 11.35% | 4.14% | 30.12% | 139.92% | |
75 Outperform | $59.67B | 12.16 | 8.13% | 3.90% | 15.29% | -9.20% | |
75 Outperform | $143.84B | 11.01 | 13.40% | 4.83% | -1.07% | 16.00% | |
74 Outperform | $42.95B | 15.75 | 5.64% | 2.13% | 10.95% | 28.53% | |
65 Neutral | $108.46B | 40.94 | 1.91% | ― | 2.20% | ― | |
58 Neutral | HK$10.50B | 4.22 | -2.96% | 7.40% | 3.76% | -51.26% |
Harbin Electric Co. Ltd. Class H Corporate Events
Harbin Electric Co. Ltd. Class H has entered into a Capital Injection Agreement with Jiamusi Electric and Power Equipment Company, involving a capital injection of RMB140,000,000.00 and RMB483,257,062.92 respectively. This transaction will result in Harbin Electric holding a 39.42% equity interest in Power Equipment Company, a reduction of 9.58%. The transaction is classified as a connected transaction under Chapter 14A of the Listing Rules, requiring an announcement but exempting the company from certain approval requirements.
Harbin Electric Co. Ltd. announced the results of its annual general meeting and class meetings held on May 23, 2025. All resolutions, including the approval of the Directors’ Report, Board of Supervisors’ Report, audited accounts, and the declaration of a final dividend, were passed. The company also re-elected Mr. Du Xing-kai as an executive director and appointed ShineWing Certified Public Accountants as the auditor for 2025. These decisions reflect the company’s ongoing commitment to transparency and governance, potentially strengthening its position in the electric industry.
Harbin Electric Co. Ltd. has announced the appointment of Mr. Yang Xiao as a senior vice-president, effective immediately. Mr. Yang brings extensive experience in financial management and leadership roles from his previous positions at FAW Group and its subsidiaries, which is expected to strengthen Harbin Electric’s strategic and financial operations.
Harbin Electric Co. Ltd. has announced a meeting for its H Shares Class to authorize the Board to repurchase up to 10% of its issued H shares. This move, if approved, will allow the company to amend its Articles of Association to reflect changes in its share capital structure, potentially impacting its market positioning and shareholder value.
Harbin Electric Co. Ltd. has announced a Domestic Shares Class Meeting scheduled for May 23, 2025, to discuss and potentially approve resolutions regarding the repurchase of up to 10% of its H shares. This move, if approved, will allow the company to amend its Articles of Association to reflect changes in its share capital structure, potentially impacting its market positioning and shareholder value.
Harbin Electric Co. Ltd. has announced its 2024 Annual General Meeting (AGM) to be held on May 23, 2025. Key resolutions include the approval of the 2024 Directors’ and Supervisors’ Reports, audited accounts, and a final dividend of RMB0.227 per share. The company will also re-elect Mr. Du Xing-kai as an executive director and appoint ShineWing Certified Public Accountants as the auditor for 2025. Special resolutions involve authorizing the board to fill vacancies, repurchase up to 10% of issued H shares, and amend articles of association to reflect share repurchases. These decisions could impact the company’s financial structure and shareholder value.
Harbin Electric Company Limited has announced a proposed change of auditor, transitioning from Dahua Certified Public Accountants LLP to ShineWing Certified Public Accountants LLP for the 2025 financial statements. This decision aligns with regulatory requirements for auditor rotation and aims to enhance corporate governance and audit independence. The board and audit committee have confirmed no disagreements with the outgoing auditor, and the change is subject to shareholder approval at the 2024 annual general meeting.
Harbin Electric Co. Ltd. has announced the appointment of Mr. Du Xing-kai as an executive director and a member of the nomination committee, effective immediately. Mr. Du, who previously served as the senior vice president of the company, brings extensive experience in financial management and corporate governance, which is expected to strengthen the company’s leadership and strategic direction.