Harbin Electric
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 … Read more
Harbin Electric (HP6H) - Total Assets
Latest total assets as of June 2025: €80.41 Billion EUR
Based on the latest financial reports, Harbin Electric (HP6H) holds total assets worth €80.41 Billion EUR as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Harbin Electric - Total Assets Trend (2013–2024)
This chart illustrates how Harbin Electric’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Harbin Electric - Asset Composition Analysis
Current Asset Composition (December 2024)
Harbin Electric's total assets of €80.41 Billion consist of 83.7% current assets and 16.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 22.3% |
| Accounts Receivable | €5.15 Billion | 7.2% |
| Inventory | €14.58 Billion | 20.3% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €1.19 Billion | 1.7% |
| Goodwill | €9.09 Million | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Harbin Electric's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Harbin Electric's current assets represent 83.7% of total assets in 2024, a decrease from 86.7% in 2013.
- Cash Position: Cash and equivalents constituted 22.3% of total assets in 2024, up from 17.5% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 20.3% of total assets.
Harbin Electric Competitors by Total Assets
Key competitors of Harbin Electric based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Harbin Electric - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Harbin Electric generates 0.53x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Harbin Electric generates $ 2.34 in net profit.
Harbin Electric - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.10 | 1.13 | 1.24 |
| Quick Ratio | 0.83 | 0.87 | 0.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €6.28 Billion | € 6.99 Billion | € 8.75 Billion |
Harbin Electric - Advanced Valuation Insights
This section examines the relationship between Harbin Electric's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.91 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 0.9% |
| Total Assets | €71.95 Billion |
| Market Capitalization | $1.78 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Harbin Electric's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Harbin Electric's assets grew by 0.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Harbin Electric (2013–2024)
The table below shows the annual total assets of Harbin Electric from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €71.95 Billion | +0.91% |
| 2023-12-31 | €71.30 Billion | +12.66% |
| 2022-12-31 | €63.28 Billion | +4.41% |
| 2021-12-31 | €60.61 Billion | +4.57% |
| 2020-12-31 | €57.96 Billion | +5.23% |
| 2019-12-31 | €55.08 Billion | -2.58% |
| 2018-12-31 | €56.54 Billion | -12.80% |
| 2017-12-31 | €64.84 Billion | -1.56% |
| 2016-12-31 | €65.87 Billion | +2.66% |
| 2015-12-31 | €64.16 Billion | +3.22% |
| 2014-12-31 | €62.16 Billion | +2.98% |
| 2013-12-31 | €60.36 Billion | -- |