Harbin Electric Co Ltd operates in the Turbines and turbine generator sets sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Harbin Electric Co Ltd with three other
companies in this sector in China:
Xiangtan Electric Manufacturing Co.
sales of 10.95 billion Chinese Renmimbi [US$1.65 billion]
of which 69%
was Motor & Auxiliary),
China High Speed Transmission Equipment Group Co Ltd
(8.97 billion Chinese Renmimbi [US$1.35 billion]
of which 100%
was Gear products), and
Xinjiang Goldwind Science & Technology Company Limited
(26.17 billion Chinese Renmimbi [US$3.95 billion]
of which 85%
was Wind turbine generator manufacturing & s).
Harbin Electric Co Ltd reported sales of 31.29 billion Chinese Renmimbi (US$4.72 billion)
December of 2016.
increase of 23.1%
versus 2015, when the company's sales were 25.41 billion Chinese Renmimbi.
This was the third consecutive year of growth at Harbin Electric Co Ltd.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Harbin Electric Co Ltd had sales
of 28.49 billion Chinese Renmimbi.
Sales of Engineering Services for Power Stations saw an increase
45.4% in 2016, from
6.82 billion Chinese Renmimbi to 9.91 billion Chinese Renmimbi.
Not all segments of Harbin Electric Co Ltd experienced an increase in sales in 2016:
sales of Ancillary Equipment for Power Stations fell 17.7% to 1.44 billion Chinese Renmimbi.
Harbin Electric Co Ltd also experienced decreases in sales in
Main Hydro Power Equipment (down 8.2% to 2.48 billion Chinese Renmimbi)