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Harbin Electric Co. Ltd. Class H (1133) AI Stock Analysis
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Harbin Electric Co. Ltd. Class H
(HKEX:1133)
The score is supported primarily by improved financial performance (sharp 2025 growth, higher margins, and reduced leverage) and attractive valuation (low P/E and ~3.5% yield). These positives are meaningfully offset by weak technicals, with the stock in a pronounced downtrend and bearish momentum signals.
Harbin Electric Co. Ltd. Class H (1133) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 25.02B
- Dividend Yield
- 3.63%
- Average Volume (3M)
- 5.05M
- Price to Earnings (P/E)
- 6.4
- Beta (1Y)
- 1.32
- Revenue Growth
- 13.48%
- EPS Growth
- 55.89%
- Country
- Hong Kong
- Employees
- 11,118
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Industrial - Machinery
Harbin Electric Co. Ltd. Class H Business Overview & Revenue Model
Company Description
Harbin Electric Company Limited, in conjunction with its various subsidiaries, specializes in the production and distribution of power plant machinery across the People's Republic of China. Its comprehensive product range encompasses primary equipmen...
How the Company Makes Money
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Harbin Electric Co. Ltd. Class H Financial Statement Overview
Summary
Strong 2025 revenue growth (+209% vs. 2024) with improved profitability (gross margin ~14.5%, net margin ~5.8%) and better leverage (debt-to-equity ~0.40). Offsetting this, cash flow has been inconsistent with negative OCF/FCF in 2024 despite a 2025 rebound, making cash-generation quality a key risk.
Income Statement
74PositiveBalance Sheet
71PositiveCash Flow
60Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 48.02B | 45.70B | 38.30B | 28.84B | 24.64B | 21.23B |
| Gross Profit | 6.95B | 6.05B | 4.80B | 3.10B | 2.63B | -1.36B |
| EBITDA | 4.56B | 3.48B | 2.64B | 1.71B | 477.55M | -3.96B |
| Net Income | 3.33B | 2.67B | 1.69B | 574.76M | 98.64M | -4.14B |
Balance Sheet | ||||||
| Total Assets | 86.92B | 78.70B | 71.95B | 71.30B | 63.28B | 60.61B |
| Cash, Cash Equivalents and Short-Term Investments | 21.08B | 16.33B | 16.05B | 23.37B | 18.67B | 13.90B |
| Total Debt | 6.57B | 7.08B | 5.68B | 12.27B | 7.70B | 14.77B |
| Total Liabilities | 67.48B | 60.21B | 55.76B | 56.71B | 50.91B | 48.42B |
| Stockholders Equity | 18.78B | 17.81B | 15.48B | 13.86B | 11.73B | 11.57B |
Cash Flow | ||||||
| Free Cash Flow | 6.11B | 2.81B | -1.93B | 1.19B | 4.37B | 657.60M |
| Operating Cash Flow | 7.75B | 4.54B | -241.97M | 2.28B | 4.75B | 1.03B |
| Investing Cash Flow | -3.54B | -4.22B | -1.07B | -1.71B | -660.43M | 974.76M |
| Financing Cash Flow | -1.05B | -1.15B | -803.43M | 521.88M | -464.07M | -657.77M |
Harbin Electric Co. Ltd. Class H Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1133, the sentiment is Negative. The current price of 11.19 is below the 20-day moving average (MA) of 12.40, below the 50-day MA of 14.10, and below the 200-day MA of 18.45, indicating a bearish trend. The MACD of -0.82 indicates Positive momentum. The RSI at 28.91 is Positive, neither overbought nor oversold. The STOCH value of 37.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1133.
Harbin Electric Co. Ltd. Class H Peers Comparison
Overall Rating
HK:272266.5Neutral- HK:113362Neutral
HK:107261Neutral
HK:272754Neutral
HK:220852Neutral
HK:065845.4Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:2722 | 67Neutral | HKD 5.18B | 4.59 | 10.15% | 9.79% | 19.90% | 67.16% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:1133 | 62Neutral | HKD 25.02B | 6.36 | 18.22% | 3.63% | 13.48% | 55.89% |
| HK:1072 | 61Neutral | HKD 95.38B | 15.62 | 10.15% | 3.90% | 7.45% | 44.00% |
| HK:2727 | 54Neutral | HKD 94.61B | 68.31 | 1.18% | 0.68% | 21.96% | 38.42% |
| HK:2208 | 52Neutral | HKD 63.80B | 19.85 | 7.91% | 3.33% | 24.02% | 68.77% |
| HK:0658 | 45Neutral | HKD 1.93B | 4.36 | 4.42% | ― | -18.58% | ― |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1133 | Harbin Electric Co. Ltd. Class H | 11.19 | -1.66 | -12.93% | |
| HK:0658 | China High Speed Transmission Equipment Group Co | 1.18 | -0.57 | -32.57% | |
| HK:1072 | Dongfang Electric Corporation Limited Class H | 15.56 | -3.63 | -18.90% | |
| HK:2727 | Shanghai Electric Group Company Class H | 2.40 | -2.28 | -48.71% | |
| HK:2208 | Xinjiang Goldwind Science & Technology Co Class H | 6.91 | -6.62 | -48.94% | |
| HK:2722 | Chongqing Machinery & Electric Co. Ltd. Class H | 1.41 | -0.40 | -22.07% |
Harbin Electric Co. Ltd. Class H Corporate Events
Harbin Electric Relocates Principal Hong Kong Office
Harbin Electric Company Limited, a PRC-incorporated joint stock company listed in Hong Kong, operates under a board structure that includes both executive and independent non-executive directors. This governance framework aligns the company with Hong...
Harbin Electric Names Lead Independent Director to Bolster Governance
Harbin Electric Company Limited has appointed independent non-executive director He Yu as its lead independent non-executive director, effective 24 September 2026. He currently chairs the remuneration committee and serves on the nomination, strategy...
Harbin Electric Subsidiary to Fully Acquire Marine Intelligent Equipment Unit in Connected Deal
Harbin Electric Co. Ltd. has announced that its wholly owned subsidiary, Electric Machinery Company, will acquire 100% of Marine Intelligent Equipment Company from its controlling shareholder HE for RMB14.86 million in cash, making the target a wholl...
Harbin Electric Posts Strong Interim Balance Sheet with Higher Liquidity
Harbin Electric Company Limited reported its unaudited interim results for the six months ended 30 June 2026, prepared under Chinese Enterprises Accounting Standards and reviewed by ShineWing Certified Public Accountants LLP. The company’s cons...
Harbin Electric Sets Board Meeting to Approve 2026 Interim Results
Harbin Electric Company Limited has scheduled a board meeting for 26 August 2026 to review and approve the publication of its interim results for the six months ended 30 June 2026. The move signals the company is preparing to update investors and oth...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 22, 2026