Harbin Electric Company Limited (1133.HK) Stock

About Harbin Electric Company Limited

Harbin Electric Company Limited, together with its subsidiaries, manufactures and sells power plant equipment in the People's Republic of China, the rest of Asia, Africa, Europe, and the United States. It operates through new power system with new energy as the main body; clean and efficient industrial system; green and low-carbon drive system; and other businesses segments. The company provides thermal power equipment, including boilers, steam turbines, and steam turbine generators; hydropower generator units; nuclear power main equipment comprising nuclear island and conventional island equipment; and a set of steam power equipment consisting of 9F/9H class gas turbines, and combined gas and steam cycle sets. It also engages in the research and development, and production of clean energy products, comprising solar energy, tidal power, and desalination; and provision of ancillary equipment, industrial steam turbines, industrial boilers, control devices, valves for power stations, pressure vessels, etc. In addition, the company is involved in the turnkey construction of power station projects; servicing of thermal and hydropower equipment; import and export of equipment for power stations; provision of after-sales service for power station equipment products; research and development of engineering technology for power equipment, and its ancillary products; and provision of environmental protection engineering services, such as desulfurization, denitrification, and dust removal. Further, it engages in the manufacturing; finance; wholesale of other mechanical equipment, and electronic products; leasing; export trade; water conservancy, environment, and public facilities management; biomass power generation; business services; and science and technology promotion and application activities. The company was founded in 1994 and is headquartered in Harbin, the People's Republic of China. Harbin Electric Company Limited is a subsidiary of Harbin Electric Corporation.

Harbin Electric Company Limited (1133.HK) stock trades at $17.45 with a market capitalization of $39.02B. The stock is valued at a price-to-earnings (P/E) ratio of 12.55, price-to-book of 1.88, price-to-sales of 0.85. Over the past 52 weeks the stock has ranged between $7.03 and $28.88, and currently trades 39.6% below its 52-week high. It pays a dividend yielding 2.29%.

On profitability, Harbin Electric Company Limited generates a return on equity (ROE) of 15.27%, above the typical market average, an operating margin of 6.87%, a net profit margin of 5.83%.

The balance sheet shows a debt-to-equity ratio of 0.24 — a conservative balance sheet with little leverage risk, a current ratio of 1.13.

1133.HK has an average daily trading volume of 6,667,099 shares, 0.68B shares outstanding.

Official website: www.hpec.com