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Harbin Electric Corp. Jiamusi Electric Machine Co., Ltd. Class A

Harbin Electric Corp. Jiamusi Electric Machine Co., Ltd. Class A

SSZSE:000922
11.06
CNY
+0.14
(+1.28%)
11.64BMarket Cap
Oct 27Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.36
2.49
1.82
1.62
2.03
2.76
2.98
3.3
4.25
6.35
7.43
6.84
5.97
- -
Basic EPS, GAAP
0.01
-0.04
-0.54
-0.56
0.15
0.4
0.49
0.57
0.3
0.53
0.56
0.36
0.31
- -
Free Cash Flow per Basic Share
0.08
-0.28
-0.12
0.02
-0.03
0.16
0.3
0.62
0.06
0.6
0.53
0.29
-0.09
- -
Dividend per Share
0.08
0.03
- -
- -
- -
- -
- -
0.06
0.13
0.1
0.14
0.22
0.11
0.09
Book Value per Share
1.84
2.47
2.39
1.83
1.99
2.6
3.09
3.56
3.74
4.55
4.46
4.68
5.53
5.66
Tangible Book Value per Share
1.67
2.24
2.15
1.6
1.76
2.45
2.95
3.36
3.55
4.3
4.22
4.44
5.29
5.43
Basic Weighted Avg Shares
796
823
825
783
783
705
705
718
717
718
716
716
824
834
Sales/Revenue/Turnover
2,674
2,052
1,505
1,266
1,588
1,948
2,103
2,369
3,046
4,559
5,321
4,899
4,920
- -
Operating Margin (%)
0.86
-0.89
-25.99
-10.48
6.07
19.75
17.59
14.57
7.57
11.85
11.57
11.17
10.13
- -
Depreciation Expense
56
58
64
65
57
53
51
53
61
186
159
168
195
- -
Net Income, GAAP
11
-34
-447
-437
121
279
345
408
213
381
399
256
254
- -
Effective Tax Rate (%)
67.09
- -
- -
- -
2.46
2.88
12.55
11.57
9.96
- -
14.11
12.14
13.57
- -
Profit Margin (%)
0.41
-1.67
-29.7
-34.48
7.59
14.31
16.39
17.22
7.01
8.36
7.51
5.23
5.16
- -
Working Capital
810
1,415
1,049
630
840
1,402
1,738
1,875
1,979
1,867
1,650
1,658
3,049
3,240
LT Debt
51
118
- -
- -
59
59
59
- -
- -
- -
16
12
98
39
Total Equity
1,388
2,119
1,870
1,434
1,554
1,833
2,180
2,556
2,687
3,507
3,481
3,702
5,217
5,397
Return on Invested Capital (%)
0.3
- -
- -
- -
8
29.06
18.13
16.09
8.1
- -
9.05
6.99
6.43
- -
Return on Capital (%)
0.77
- -
- -
- -
7.92
15.91
16.69
16.99
8.13
- -
8.44
4.34
3.56
- -
Return on Common Equity (%)
0.8
-1.96
-22.41
-26.43
8.07
16.46
17.18
17.22
8.14
12.82
12.38
7.86
6.4
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
68
54
137
LT Borrowings
90
94
31
LT Finance Leases
8
8
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
834
834
834
Market Capitalization
9,563
9,355
11,642

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7,671
7,115
6,719
Cash, Cash Equivalents & STI
2,524
1,961
1,463
Accounts Receivable, Net
1,400
1,592
1,660
Inventories
1,763
1,761
1,660
Total Current Liabilities
4,623
3,920
3,479
Payables & Accruals
- -
- -
- -
ST Debt
68
54
137
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.14%
16.44%
40.92%
Free Cash Flow
-12.7%
123.15%
-134.29%
Net Income, GAAP
4.24%
-0.19%
-0.94%
Sales/Revenue/Turnover
14.03%
17.5%
0.42%
Total Cash Common Dividend
- -
32.85%
-44.38%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,153
1,328
1,087
1,331
4,899
2025
1,156
1,341
- -
1,280
4,920
2026
1,220
1,479
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.11
0.04
0.07
0.36
2025
0.07
0.09
- -
0.07
0.31
2026
0.1
0.13
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.18
0.01
0.01
0.22
2025
0.01
0.09
- -
- -
0.11
2026
- -
0.09
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Rui Li
Full Time Employees
1,952
Sector
Producer manufacturing
Industry
Electrical products
Address
No. 247, Chang'an East Road Jiamusi HLJ China 154002
IPO Date
Jun 18, 1999
Website
jemlc.com
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Business
Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd (000922.SZ), a holding subsidiary of Harbin Electric Group Co., Ltd., manufactures and sells a wide range of specialized electric motors and related equipment primarily in China with exports to international markets. The company produces explosion-proof motors, lifting and metallurgical motors, ordinary motors, intelligent motors, high-efficiency and energy-saving motors, permanent magnet motors, rolling mill frequency conversion synchronous motors, direct current motors, wet winding motors, shielded motor pumps; nuclear power products including shielded reactor coolant pump motors, shaft-sealed reactor coolant pump units, small reactor coolant pumps, various motors for nuclear power plants, third-level shielded pumps, seawater circulating pump motors, high-temperature gas-cooled reactor main helium fans and helium compressors; and complete sets of electrical control and system equipment, while also providing energy-saving transformations, remanufacturing, and maintenance services for motors used in machinery, coal, petrochemicals, lifting, metallurgy, water conservancy, electric power, aviation, aerospace, pipeline transportation, ships, and national key projects such as nuclear power plants. Founded in 1993 through recombination of Jiamusi Electric Machine Works with over 80 years of motor production history as China's first motor factory under the Communist Party and a pioneer in special motors, the company maintains headquarters at No. 247 Chang'an Road, Jiamusi, Heilongjiang Province, China, and employs approximately 1,940 people serving the specialty industrial machinery sector. Recent developments include the completion of its acquisition of a 51% stake in Harbin Electric Power Equipment Company Limited from Harbin Electric Company Limited for approximately CNY 400 million in late 2023, enhancing its power equipment capabilities; recognition as a world-class model enterprise and specialized innovation demonstrator in 2023-2024 with awards such as Longjiang Brand Value Contribution, Longjiang Quality Enterprise, and national green product designs for 24 series; upgrades in Windesg credit ratings from B to BBB; and group standards winning Electrical Standards Innovation Awards, reflecting ongoing strategic expansions in nuclear, high-efficiency, and sustainable technologies.