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Harbin Bank Co., Ltd. Class H (6138) AI Stock Analysis
Harbin Bank Co., Ltd. Class H
(HKEX:6138)
The score is weighed down primarily by weaker financial quality—higher leverage in 2025, low returns on equity, and volatile cash flow—along with a bearish technical setup (below major moving averages and negative MACD). A low P/E provides some support, but it does not fully offset balance-sheet and trend risks.
Harbin Bank Co., Ltd. Class H (6138) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 3.13B
- Dividend Yield
- ―
- Average Volume (3M)
- 1.09M
- Price to Earnings (P/E)
- 3.9
- Beta (1Y)
- 0.79
- Revenue Growth
- -2.43%
- EPS Growth
- 46.14%
- Country
- Hong Kong
- Employees
- 8,811
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Banks - Regional
Harbin Bank Co., Ltd. Class H Business Overview & Revenue Model
Company Description
Founded in 1997 and based in Harbin, People's Republic of China, Harbin Bank Co., Ltd. delivers a broad spectrum of commercial banking services and offerings, predominantly within Mainland China. Its operations are structured into four key divisions:...
How the Company Makes Money
Harbin Bank primarily makes money through a mix of interest-based income and fee-based (non-interest) income typical of commercial banking. 1) Net interest income (core earnings driver): The bank collects interest on loans and other interest-earning...
Harbin Bank Co., Ltd. Class H Financial Statement Overview
Summary
Income statement shows a sharp revenue step-up in 2025, but profitability did not scale (net margin compressed to ~4.2% and operating margin remains modest). Balance sheet risk increased materially with debt-to-equity rising to ~4.17x in 2025 and ROE staying low (~0.9%–2.2%). Cash flows are volatile across years despite positive 2025 free cash flow, limiting confidence in consistency.
Income Statement
58NeutralBalance Sheet
41NeutralCash Flow
44Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 34.14B | 26.76B | 13.31B | 6.28B | 6.29B | 5.62B |
| Gross Profit | 8.23B | 3.58B | 13.31B | 6.28B | 6.29B | 5.62B |
| EBITDA | 1.56B | 1.17B | 1.37B | 1.23B | 1.79B | 1.30B |
| Net Income | 1.24B | 1.12B | 919.67M | 739.99M | 554.77M | 274.13M |
Balance Sheet | ||||||
| Total Assets | 1.03T | 1.02T | 916.23B | 813.33B | 712.73B | 645.05B |
| Cash, Cash Equivalents and Short-Term Investments | 95.32B | 99.18B | 75.87B | 37.09B | 105.24B | 72.02B |
| Total Debt | 212.24B | 210.92B | 1.14B | 46.41B | 721.46M | 31.90B |
| Total Liabilities | 972.45B | 967.10B | 850.64B | 749.44B | 649.41B | 582.27B |
| Stockholders Equity | 51.08B | 50.61B | 63.16B | 61.60B | 61.17B | 60.79B |
Cash Flow | ||||||
| Free Cash Flow | -1.86B | 1.76B | -30.89B | 45.90B | 57.50B | 36.16B |
| Operating Cash Flow | -1.67B | 1.95B | -30.50B | 46.08B | 57.85B | 36.70B |
| Investing Cash Flow | -70.90B | -70.50B | -16.54B | -39.94B | -40.76B | -20.67B |
| Financing Cash Flow | 91.89B | 14.18B | 66.05B | -6.43B | 8.40B | -4.43B |
Harbin Bank 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:6138, the sentiment is Negative. The current price of 0.28 is below the 20-day moving average (MA) of 0.30, below the 50-day MA of 0.31, and below the 200-day MA of 0.33, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 32.43 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6138.
Harbin Bank Co., Ltd. Class H Peers Comparison
Overall Rating
HK:386671Outperform
HK:196365Neutral
HK:619962Neutral
HK:619659Neutral- HK:613847Neutral
HK:619039Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:3866 | 71Outperform | HKD 37.33B | 6.59 | 13.77% | 4.19% | 12.10% | 27.44% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| HK:1963 | 65Neutral | HKD 40.47B | 6.65 | 10.47% | 6.14% | 10.30% | 13.19% |
| HK:6199 | 62Neutral | HKD 13.71B | 2.93 | 7.75% | 7.35% | -1.55% | 10.31% |
| HK:6196 | 59Neutral | HKD 15.71B | 7.86 | 4.11% | 2.50% | ― | ― |
| HK:6138 | 47Neutral | HKD 3.13B | 3.89 | 2.45% | ― | -2.43% | 46.14% |
| HK:6190 | 39Underperform | HKD 7.12B | 11.92 | 2.46% | 2.58% | -2.30% | 138.58% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:6138 | Harbin Bank Co., Ltd. Class H | 0.28 | -0.11 | -27.85% | |
| HK:3866 | Bank of Qingdao Co., Ltd. Class H | 4.93 | 0.85 | 20.74% | |
| HK:6190 | Bank of Jiujiang Co., Ltd. Class H | 2.50 | 0.54 | 27.36% | |
| HK:1963 | Bank of Chongqing Co., Ltd. Class H | 8.26 | 0.72 | 9.50% | |
| HK:6196 | Bank of Zhengzhou Co., Ltd. Class H | 0.88 | -0.40 | -31.10% | |
| HK:6199 | Bank of Guizhou Co. Ltd. Class H | 0.94 | -0.05 | -5.43% |
Harbin Bank Co., Ltd. Class H Corporate Events
Harbin Bank Outlines Board Composition and Committee Structure
Harbin Bank Co., Ltd. has announced the current composition of its board of directors, detailing the mix of executive, non-executive and independent non-executive directors and confirming Deng Xinquan as chairman. The disclosure underscores the bank&...
Harbin Bank Reshapes Board as Regulator Clears New Non-Executive Director
Harbin Bank Co., Ltd. announced that China’s National Financial Regulatory Administration Heilongjiang Office has approved the qualification of Du Xiaoquan to serve as a non-executive director. Following this regulatory clearance, Du has joined...
Harbin Bank Wins Strong Shareholder Backing at 2025 AGM
Harbin Bank Co., Ltd. reported that its 2025 annual general meeting, held in Hong Kong on 30 June 2026, achieved strong shareholder participation, with around 73% of issued shares represented. All directors attended, and the meeting was chaired by Ch...
Harbin Bank Sets 2025 AGM to Approve Results, Profit Plan and Governance Changes
Harbin Bank Co., Ltd. has convened its 2025 annual general meeting for 30 June 2026 in Harbin, where shareholders will review the board’s 2025 work report, the annual report, and the profit distribution plan. They will also vote on reappointing...
Harbin Bank Shareholders Approve Acquisition and Conversion of Chengdu Village Bank
Harbin Bank Co., Ltd., a mainland Chinese joint stock commercial bank listed in Hong Kong but not licensed for banking business in Hong Kong, serves shareholders through a large base of domestic and H shares. Its governance structure includes executi...
Harbin Bank Calls 2026 EGM to Approve Village Bank Acquisition
Harbin Bank Co., Ltd., a joint stock commercial bank based in Harbin and operating under PRC regulation, focuses on providing banking services within mainland China rather than in Hong Kong. The institution clarifies that it falls outside the scope o...
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: Aug 06, 2026