Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
000922.SZ
BUYREMOVEHarbin Electric Corporation Jiamusi Electric Machine CO.,Ltd · Industrials · China · $1.7B · Avg Vol: $52M/d
Harbin Electric is a state-owned power equipment manufacturer with low capital efficiency and structural profitability issues, failing our quality screens.
COMPANY DESCRIPTION
Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd specializes in the R&D and manufacturing of explosion-proof electric motors, nuclear main pump motors, and high-efficiency electric machines. The company holds a dominant position in China's explosion-proof motor market, serving critical sectors like oil, gas, and nuclear power. As a key subsidiary of state-owned Harbin Electric, it is recognized as a leading niche player with high technical barriers.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 674M | 786M | 724M | 727M | 2.6% |
| EPS | 0.09 | 0.10 | 0.06 | 0.05 | -16.6% |
| Shares | 597M | 596M | 593M | 695M | +16.5% |
| Debt | 136M | 170M | 222M | 25M | -43.5% |
| Equity | 482M | 472M | 493M | 681M | 12.2% |
| Op CF | 76M | 82M | 68M | 44M | -16.7% |
| Inv CF | -10M | 29M | -36M | -2M | — |
| Fin CF | 8M | -77M | 25M | -19M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 000922.SZ are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 000922.SZ | Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd(you) | $1.7B | 77 | BUY |
| 688155.SS | Shanghai SK Automation Technology Co.,Ltd | $1.6B | 76 | BUY |
| 002011.SZ | Zhejiang Dun'an Artificial Environment Co., Ltd | $2.0B | 75 | BUY |
| 688697.SS | Neway CNC Equipment (Suzhou) Co., Ltd. | $1.4B | 75 | BUY |
| 603075.SS | Hangzhou Heatwell Electric Heating Technology Co., Ltd. | $1.7B | 72 | BUY |
| 301603.SZ | JirFine Intelligent Equipment Co., Ltd. | $2.3B | 77 | BUY |
| 300990.SZ | Sanhe Tongfei Refrigeration Co., Ltd. | $2.0B | 73 | BUY |
| 002690.SZ | Hefei Meyer Optoelectronic Technology Inc. | $2.0B | 72 | BUY |
| 300861.SZ | Yangling Metron New Material Inc. | $2.0B | 70 | BUY |
| 2722.HK | Chongqing Machinery & Electric Co., Ltd. | $1.3B | 71 | BUY |
Peer medians: ROE 6.0% · P/E 34.7x · Gross margin 22.9%