Harbin Electric

OverviewSuggest Edit

Harbin Electric (HE, 哈尔滨电气集团有限公司) is a power plant equipment manufacturing company. It offers power generation equipment, nuclear, hydropower, coal, and gas power systems, electric-driven devices, AC and DC motors, gas turbines, and other products.
TypePublic
Founded1983
HQHarbin, CN
Websiteen.harbin-electric.com

Locations

Harbin Electric is headquartered in
Harbin, China

Location Map

Latest Updates

Employees (est.) (Dec 2020)13,750(-4%)
Revenue (FY, 2020)¥23.4 B(+6%)
Share Price (May 2022)$2(+5%)
Cybersecurity ratingBMore
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Key People/Management at Harbin Electric

Cao Zhian

Cao Zhian

Secretary of the CPC Party Committee and Chairman of the Board
Wu Weizhang

Wu Weizhang

Deputy Secretary of the CPC Party Committee, Director and President
Zhang Yingjian

Zhang Yingjian

Member of the Party Standing Committee and Vice President
Yang Hongyong

Yang Hongyong

Member of the Party Standing Committee and Secretary of the Committee for Discipline Inspection, Supervision Commissioner of the State Supervisory Committee
Lv Zhiqiang

Lv Zhiqiang

Member of the Party Standing Committee and Vice President
Shen Tong

Shen Tong

Member of the Party Standing Committee and Vice President
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Harbin Electric Office Locations

Harbin Electric has an office in Harbin
Harbin, CN (HQ)
No.1399 Chuangxinyi Road
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Harbin Electric Financials and Metrics

Harbin Electric Revenue

Harbin Electric's revenue was reported to be ¥23.38 b in FY, 2020
CNY

Revenue (H1, 2021)

11.9b

Gross profit (H1, 2021)

1.3b

Net income (H1, 2021)

45.0m

EBITDA (H1, 2021)

125.8m

EBIT (H1, 2021)

84.0m

Market capitalization (20-May-2022)

3.4b

Closing stock price (20-May-2022)

2.0

Cash (30-Jun-2021)

11.8b

EV

5.7b
Harbin Electric's current market capitalization is $3.4 b.
Annual
CNYFY, 2018FY, 2019FY, 2020

Revenue

25.5b22.2b23.4b

Cost of goods sold

(22.7b)(19.2b)(21.1b)

Gross profit

3.4b3.6b2.8b

R&D expense

(591.9m)(687.5m)(976.7m)
Half Year
CNYH1, 2019H1, 2020H1, 2021

Revenue

10.1b9.7b11.9b

Cost of goods sold

(8.6b)(8.4b)(10.6b)

Gross profit

1.5b1.3b1.3b

R&D expense

(266.2m)(280.8m)(280.9m)
Annual
CNYFY, 2018FY, 2019FY, 2020

Cash

12.5b10.1b12.2b

Accounts Receivable

6.7b5.8b6.2b

Prepaid Expenses

3.6b2.9b2.9b

Inventories

18.7b9.3b8.2b
Half Year
CNYH1, 2019H1, 2020H1, 2021

Cash

10.3b7.5b11.8b

Accounts Receivable

6.9b6.9b7.7b

Prepaid Expenses

4.0b2.8b4.1b

Inventories

20.9b9.5b9.0b
Annual
CNYFY, 2018FY, 2019FY, 2020

Net Income

102.7m117.2m16.1m

Depreciation and Amortization

760.1m883.5m760.9m

Inventories

1.7b1.7b1.0b

Accounts Payable

(7.9b)(5.1b)1.7b
Half Year
CNYH1, 2019H1, 2020H1, 2021
CNYFY, 2018

Revenue/Employee

1.9m
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Harbin Electric Operating Metrics

FY, 2016FY, 2017H1, 2018FY, 2018H1, 2019FY, 2019H1, 2020

Countries (Distribution)

40

New Contracts Volume

¥34.16 b¥8.65 b¥33.74 b¥6.13 b¥30.19 b¥8.81 b

Patents

1.93 k

Power Plants

500

Harbin Electric Acquisitions / Subsidiaries

Company NameDateDeal Size
Chengdu Sanliya Technology Company
Harbin Boiler Company Limited
Harbin Electric Corporation Finance Co., Ltd.
Harbin Electric Corporation Finance Company Limited
Harbin Electric Corporation (QHD) Heavy Equipment Company Limited
Harbin Electric Group Shanxi Environmental Protection Engineering Co., Ltd.
Harbin Electric (H.E) Corporation
Harbin Electric International Co., Ltd.
Harbin Electric Leasing (Tianjin) Co., Ltd.
Harbin Electric Machinery Co., Ltd.
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Harbin Electric Revenue Breakdown

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Harbin Electric revenue breakdown by business segment: 27.2% from ENGINEERING SERVICES & ANCILLARY EQUIPMENT FOR POWER STATIONS, 37.0% from MAIN THERMAL POWER EQUIPMENT, 10.4% from MAIN HYDRO POWER EQUIPMENT, 15.2% from AC/DC MOTORS AND OTHERS, 6.2% from NUCLEAR POWER and 4.0% from Other

Human Capital Metrics

Harbin Electric's employees are reported to be approximately 17% female and 83% male.
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Harbin Electric Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

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Harbin Electric Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Harbin Electric Online and Social Media Presence

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Harbin Electric Frequently Asked Questions

  • When was Harbin Electric founded?

    Harbin Electric was founded in 1983.

  • Who are Harbin Electric key executives?

    Harbin Electric's key executives are Cao Zhian, Wu Weizhang and Zhang Yingjian.

  • How many employees does Harbin Electric have?

    Harbin Electric has 13,750 employees.

  • What is Harbin Electric revenue?

    Latest Harbin Electric annual revenue is ¥23.4 b.

  • What is Harbin Electric revenue per employee?

    Latest Harbin Electric revenue per employee is ¥1.7 m.

  • Who are Harbin Electric competitors?

    Competitors of Harbin Electric include Luxshare Precision, Jiangsu Zhongtian Technology and CHINT.

  • Where is Harbin Electric headquarters?

    Harbin Electric headquarters is located at No.1399 Chuangxinyi Road, Harbin.

  • Where are Harbin Electric offices?

    Harbin Electric has an office in Harbin.

  • How many offices does Harbin Electric have?

    Harbin Electric has 1 office.