Harbin Electric Company Limited

HKSE 1133.HK

Harbin Electric Company Limited Return on Equity (ROE) for the year ending December 31, 2023: 4.15%

Harbin Electric Company Limited Return on Equity (ROE) is 4.15% for the year ending December 31, 2023, a 392.89% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • Harbin Electric Company Limited Return on Equity (ROE) for the year ending December 31, 2022 was 0.84%, a 102.35% change year over year.
  • Harbin Electric Company Limited Return on Equity (ROE) for the year ending December 31, 2021 was -35.81%, a -77,004.26% change year over year.
  • Harbin Electric Company Limited Return on Equity (ROE) for the year ending December 31, 2020 was -0.05%, a -106.81% change year over year.
  • Harbin Electric Company Limited Return on Equity (ROE) for the year ending December 31, 2019 was 0.68%, a 43.59% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
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HKSE: 1133.HK

Harbin Electric Company Limited

CEO Mr. Zhi-an Cao
IPO Date Dec. 16, 1994
Location China
Headquarters 1399 Chuangxinyi Road
Employees 11,094
Sector Industrials
Industries
Description

Harbin Electric Company Limited, together with its subsidiaries, manufactures and sells power plant equipment in the People's Republic of China. The company provides thermal power main equipment, including boilers, steam turbines, and steam turbine generators; hydropower main equipment, such as hydropower generators units; nuclear power main equipment comprising nuclear island and conventional island equipment; and a set of steam power equipment, including 9F/9H class gas turbine, 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 products; and ancillary equipment for power stations, industrial boilers, industrial steam turbines, control devices, and AC/DC motors, as well as valves for power stations, pressure vessels, axial compressors, etc. In addition, the company is involved in the 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. It also exports its products to Asia and South America. The company was founded in 1994 and is based in Harbin, the People's Republic of China. Harbin Electric Company Limited is a subsidiary of Harbin Electric Corporation Co., Ltd.

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StockViz Staff

January 15, 2025

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