
Harbin Electric Company Limited
HKEX:1133.HK
7.17 (HKD) • At close August 1, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) HKD.
2024 Q4 | 2024 Q2 | 2023 Q4 | 2023 Q2 | 2022 Q4 | 2022 Q2 | 2021 Q4 | 2021 Q2 | 2020 Q4 | 2020 Q2 | 2019 Q4 | 2019 Q2 | 2018 Q4 | 2018 Q2 | 2017 Q4 | 2017 Q2 | 2016 Q4 | 2016 Q2 | 2015 Q4 | 2015 Q2 | 2014 Q4 | 2014 Q2 | 2013 Q4 | 2013 Q2 | 2012 Q4 | 2012 Q2 | 2011 Q4 | 2011 Q2 | 2010 Q4 | 2010 Q2 | 2009 Q4 | 2009 Q2 | 2008 Q4 | 2008 Q2 | 2007 Q4 | 2007 Q2 | 2006 Q4 | 2006 Q2 | 2005 Q4 | 2005 Q2 | 2004 Q4 | 2004 Q2 | 2003 Q4 | |
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Revenue
| 21,254.402 | 17,043.457 | 15,270.037 | 13,570.865 | 12,902.296 | 11,741.498 | 9,417.984 | 11,807.329 | 14,146.489 | 9,613.91 | 12,553.586 | 9,962.006 | 13,147.549 | 12,731.975 | 14,762.283 | 16,778.05 | 16,135.326 | 14,794.275 | 13,146.192 | 11,951.05 | 12,636.307 | 11,390.242 | 11,032.603 | 9,468.102 | 12,997.593 | 12,997.593 | 14,243.891 | 14,243.891 | 14,407.772 | 14,407.772 | 14,314.761 | 14,314.761 | 14,951.772 | 14,951.772 | 13,824.292 | 13,824.292 | 14,549.008 | 14,549.008 | 9,232.053 | 9,232.053 | 4,616.027 | 5,107.835 | 2,553.918 |
Cost of Revenue
| 18,397.901 | 15,103.009 | 13,787.745 | 12,136.749 | 12,016.905 | 9,992.708 | 12,015.759 | 10,566.169 | 12,891.42 | 8,349.637 | 10,939.034 | 8,594.384 | 11,776.678 | 11,216.354 | 13,093.112 | 14,791.298 | 14,102.535 | 12,991.963 | 11,448.484 | 10,614.779 | 11,936.935 | 9,558.654 | 8,532.704 | 7,647.119 | 10,207.224 | 10,207.224 | 11,388.574 | 11,388.574 | 12,332.893 | 12,332.893 | 12,482.008 | 12,482.008 | 12,948.232 | 12,948.232 | 11,660.437 | 11,660.437 | 12,929.518 | 12,929.518 | 8,300.509 | 8,300.509 | 4,150.254 | 4,726.342 | 2,363.171 |
Gross Profit
| 2,856.501 | 1,940.448 | 1,482.292 | 1,434.116 | 885.391 | 1,748.79 | -2,597.775 | 1,241.16 | 1,255.069 | 1,264.273 | 1,614.552 | 1,367.622 | 1,370.871 | 1,515.621 | 1,669.172 | 1,986.752 | 2,032.79 | 1,802.313 | 1,697.708 | 1,336.271 | 699.372 | 1,831.588 | 2,499.899 | 1,820.983 | 2,790.37 | 2,790.37 | 2,855.317 | 2,855.317 | 2,074.879 | 2,074.879 | 1,832.754 | 1,832.754 | 2,003.54 | 2,003.54 | 2,163.856 | 2,163.856 | 1,619.491 | 1,619.491 | 931.545 | 931.545 | 465.772 | 381.493 | 190.747 |
Gross Profit Ratio
| 0.134 | 0.114 | 0.097 | 0.106 | 0.069 | 0.149 | -0.276 | 0.105 | 0.089 | 0.132 | 0.129 | 0.137 | 0.104 | 0.119 | 0.113 | 0.118 | 0.126 | 0.122 | 0.129 | 0.112 | 0.055 | 0.161 | 0.227 | 0.192 | 0.215 | 0.215 | 0.2 | 0.2 | 0.144 | 0.144 | 0.128 | 0.128 | 0.134 | 0.134 | 0.157 | 0.157 | 0.111 | 0.111 | 0.101 | 0.101 | 0.101 | 0.075 | 0.075 |
Reseach & Development Expenses
| 1,494.756 | 413.244 | 647.87 | 350.756 | 437.948 | 288.694 | 389.632 | 280.899 | 695.889 | 280.818 | 421.316 | 266.208 | 360.093 | 231.835 | 447.042 | 111.638 | 182.928 | 113.017 | 192.301 | 127.269 | 370.136 | 0 | 350.373 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
General & Administrative Expenses
| 1,036.046 | 658.449 | 798.892 | 627.753 | 685.131 | 498.398 | 936.292 | 520.936 | 761.603 | 442.071 | 1,022.152 | 536.286 | 673.067 | 663.73 | 739.051 | 823.781 | 969.259 | 948.902 | 1,010.701 | 915.233 | 837.065 | 1,308.58 | 1,870.014 | 1,196.735 | 1,660.436 | 1,660.436 | 1,520.088 | 1,520.088 | 1,343.265 | 1,343.265 | 1,162.858 | 1,162.858 | 1,076.904 | 1,076.904 | 943.38 | 943.38 | 772.024 | 772.024 | 566.269 | 566.269 | 283.135 | 283.401 | 141.701 |
Selling & Marketing Expenses
| 353.238 | 253.58 | 354.705 | 267.46 | 386.201 | 237.704 | 408.844 | 228.799 | 473.705 | 202.154 | 375.902 | 228.09 | 493.871 | 237.365 | 392.996 | 246.38 | 375.677 | 262.557 | 414.294 | 264.503 | 444.809 | 216.828 | 274.802 | 253.623 | 316.187 | 316.187 | 279.018 | 279.018 | 241.999 | 241.999 | 194.295 | 194.295 | 212.641 | 212.641 | 206.807 | 206.807 | 182.67 | 182.67 | 112.572 | 112.572 | 56.286 | 58.589 | 29.295 |
SG&A
| 828.331 | 970.978 | 402.925 | 1,067.365 | 638.633 | 1,376.619 | 1,555.036 | 1,027.977 | 1,091.978 | 923.453 | 1,268.161 | 1,108.907 | 1,338.496 | 1,221.083 | 1,153.774 | 1,545.377 | 1,192.584 | 1,632.569 | 1,341.229 | 1,593.22 | 1,944.135 | 1,525.408 | 2,144.816 | 1,450.358 | 1,976.623 | 1,976.623 | 1,799.106 | 1,799.106 | 1,585.264 | 1,585.264 | 1,357.152 | 1,357.152 | 1,289.544 | 1,289.544 | 1,150.187 | 1,150.187 | 954.694 | 954.694 | 678.841 | 678.841 | 339.421 | 341.99 | 170.995 |
Other Expenses
| -796.321 | -138.642 | -306.958 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -844.575 | -845.928 | 1,837.699 | -1,811.276 | 2,283.721 | -1,314.491 | 1,316.654 | -1,853.873 | 1,267.689 | -1,446.615 | 1,093.914 | -1,485.174 | 1,047.241 | -1,253.132 | 775.36 | -1,134.028 | -12.607 | -12.607 | -6.303 | -14.521 | -7.261 |
Operating Expenses
| 1,526.766 | 1,245.58 | 743.836 | 1,348.25 | 928.597 | 1,660.492 | 1,849.985 | 1,194.248 | 1,334.581 | 1,227.656 | 1,710.613 | 1,393.908 | 1,612.409 | 1,596.926 | 1,764.013 | 1,891.652 | 1,663.45 | 1,657.121 | 1,534.98 | 1,941.363 | 1,050.564 | 1,459.131 | 2,400.806 | 1,268.898 | 3,706.333 | 165.347 | 4,082.826 | 484.615 | 2,901.918 | -268.61 | 2,624.841 | -89.463 | 2,383.458 | -195.63 | 2,197.428 | -102.946 | 1,730.053 | -179.334 | 666.235 | 666.235 | 333.117 | 327.469 | 163.735 |
Operating Income
| 1,329.734 | 694.868 | 738.455 | -2.72 | -319.63 | 42.635 | -4,509.075 | -64.665 | -208.168 | 45.367 | -79.632 | -26.436 | -259.005 | -34.473 | 8.699 | 256.5 | 665.947 | 120.304 | 137.687 | -303.856 | -1,514.423 | 500.936 | 242.749 | 477.069 | 813.767 | 934.787 | 364.244 | 778.95 | 802.026 | 714.423 | 623.4 | 506.729 | 1,055.905 | 763.347 | 1,226.188 | 1,007.042 | 961.536 | 726.727 | 444.628 | 317.748 | 158.874 | 96.248 | 48.124 |
Operating Income Ratio
| 0.063 | 0.041 | 0.048 | -0 | -0.025 | 0.004 | -0.479 | -0.005 | -0.015 | 0.005 | -0.006 | -0.003 | -0.02 | -0.003 | 0.001 | 0.015 | 0.041 | 0.008 | 0.01 | -0.025 | -0.12 | 0.044 | 0.022 | 0.05 | 0.063 | 0.072 | 0.026 | 0.055 | 0.056 | 0.05 | 0.044 | 0.035 | 0.071 | 0.051 | 0.089 | 0.073 | 0.066 | 0.05 | 0.048 | 0.034 | 0.034 | 0.019 | 0.019 |
Total Other Income Expenses Net
| -0.829 | -4.387 | -142.264 | 67.469 | 28.882 | 21.193 | 220.655 | 20.537 | 36.323 | 53.521 | 159.647 | 163.564 | 271.092 | -38.671 | -4.015 | -86.722 | -239.048 | 64.115 | 4.722 | 446.147 | 1,656.367 | -83.214 | 316.458 | -20.143 | 83.993 | -61.72 | 455.737 | 41.031 | -97.066 | -9.463 | -131.144 | -14.473 | -269.282 | 23.277 | -168.278 | 50.869 | -189.749 | 45.06 | -96.566 | 30.315 | 15.157 | -11.766 | -5.883 |
Income Before Tax
| 1,328.906 | 690.481 | 596.191 | 172.816 | 81.352 | 124.424 | -4,288.42 | 88.154 | -21.93 | 98.888 | 80.015 | 137.128 | 12.087 | 144.767 | 119.302 | 224.064 | 426.899 | 230.27 | 165.569 | 142.291 | 141.944 | 222.966 | 321.168 | 456.926 | 873.067 | 873.067 | 819.98 | 819.98 | 704.961 | 704.961 | 492.256 | 492.256 | 786.624 | 786.624 | 1,057.91 | 1,057.91 | 771.787 | 771.787 | 348.063 | 348.063 | 174.031 | 84.482 | 42.241 |
Income Before Tax Ratio
| 0.063 | 0.041 | 0.039 | 0.013 | 0.006 | 0.011 | -0.455 | 0.007 | -0.002 | 0.01 | 0.006 | 0.014 | 0.001 | 0.011 | 0.008 | 0.013 | 0.026 | 0.016 | 0.013 | 0.012 | 0.011 | 0.02 | 0.029 | 0.048 | 0.067 | 0.067 | 0.058 | 0.058 | 0.049 | 0.049 | 0.034 | 0.034 | 0.053 | 0.053 | 0.077 | 0.077 | 0.053 | 0.053 | 0.038 | 0.038 | 0.038 | 0.017 | 0.017 |
Income Tax Expense
| 151.455 | 149.408 | 85.208 | 68.415 | 13.522 | 62.827 | 142.593 | 43.193 | 0.818 | 61.721 | 16.874 | 83.053 | 24.367 | 78.534 | 6.432 | 75.966 | 51.254 | 114.321 | 89.155 | 135.417 | 144.012 | 86.733 | 60.202 | 92.286 | 202.276 | 202.276 | 128.343 | 128.343 | 136.014 | 136.014 | 113.436 | 113.436 | 144.766 | 144.766 | 165.623 | 165.623 | 136.109 | 136.109 | 68.37 | 68.37 | 34.185 | 13.517 | 6.759 |
Net Income
| 1,162.904 | 522.667 | 489.87 | 84.89 | 46.803 | 51.835 | -4,176.919 | 34.471 | -36.447 | 29.166 | 74.713 | 31.461 | 40.548 | 30.769 | 69.633 | 124.594 | 282.946 | 130.337 | 100.15 | 96.062 | 426.307 | 140.102 | 321.253 | 384.56 | 737.464 | 670.791 | 537.024 | 691.637 | 455.551 | 568.947 | 227.386 | 378.821 | 399.98 | 641.858 | 635.692 | 892.287 | 388.904 | 635.678 | 185.297 | 279.693 | 139.847 | 70.965 | 35.482 |
Net Income Ratio
| 0.055 | 0.031 | 0.032 | 0.006 | 0.004 | 0.004 | -0.444 | 0.003 | -0.003 | 0.003 | 0.006 | 0.003 | 0.003 | 0.002 | 0.005 | 0.007 | 0.018 | 0.009 | 0.008 | 0.008 | 0.034 | 0.012 | 0.029 | 0.041 | 0.057 | 0.052 | 0.038 | 0.049 | 0.032 | 0.039 | 0.016 | 0.026 | 0.027 | 0.043 | 0.046 | 0.065 | 0.027 | 0.044 | 0.02 | 0.03 | 0.03 | 0.014 | 0.014 |
EPS
| 0.52 | 0.23 | 0.25 | 0.05 | 0.028 | 0.03 | -2.45 | 0.02 | -0.021 | 0.017 | 0.042 | 0.018 | 0.02 | 0.018 | 0.05 | 0.09 | 0.21 | 0.09 | 0.073 | 0.07 | 0.31 | 0.1 | 0.23 | 0.28 | 0.55 | 0.48 | 0.39 | 0.5 | 0.31 | 0.42 | 0.16 | 0.28 | 0.3 | 0.46 | 0.46 | 0.66 | 0.3 | 0.5 | 0.15 | 0.24 | 0.12 | 0.06 | 0.03 |
EPS Diluted
| 0.52 | 0.23 | 0.25 | 0.05 | 0.028 | 0.03 | -2.45 | 0.02 | -0.019 | 0.017 | 0.044 | 0.018 | 0.022 | 0.018 | 0.05 | 0.091 | 0.21 | 0.09 | 0.073 | 0.07 | 0.31 | 0.1 | 0.23 | 0.28 | 0.55 | 0.48 | 0.39 | 0.5 | 0.31 | 0.42 | 0.16 | 0.28 | 0.3 | 0.46 | 0.46 | 0.66 | 0.3 | 0.5 | 0.15 | 0.24 | 0.12 | 0.06 | 0.03 |
EBITDA
| 854.841 | 1,030.377 | 565.279 | 387.912 | 81.213 | 396.333 | -4,204.264 | 244.773 | 193.657 | 404.415 | 442.276 | 335.183 | 129.652 | 336.979 | 387.35 | 625.175 | 1,030.162 | 495.422 | 534.593 | 62.008 | -1,136.845 | 858.606 | 584.992 | 828.989 | 1,209.708 | 1,250.827 | 1,212.918 | 1,058.305 | 1,038.359 | 954.961 | 869.854 | 718.419 | 1,245.269 | 1,003.391 | 1,508.187 | 1,239.832 | 1,135.052 | 888.278 | 555.36 | 460.964 | 230.482 | 212.454 | 106.227 |
EBITDA Ratio
| 0.04 | 0.06 | 0.037 | 0.029 | 0.006 | 0.034 | -0.446 | 0.021 | 0.014 | 0.042 | 0.035 | 0.034 | 0.01 | 0.026 | 0.026 | 0.037 | 0.064 | 0.033 | 0.041 | 0.005 | -0.09 | 0.075 | 0.053 | 0.088 | 0.093 | 0.096 | 0.085 | 0.074 | 0.072 | 0.066 | 0.061 | 0.05 | 0.083 | 0.067 | 0.109 | 0.09 | 0.078 | 0.061 | 0.06 | 0.05 | 0.05 | 0.042 | 0.042 |