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:
Xinjiang Goldwind Science & Technology Company Limited
sales of 29.85 billion Chinese Renmimbi [US$4.33 billion]
of which 90%
was Wind turbine generator manufacturing & s),
Xiangtan Electric Manufacturing Co.
(9.50 billion Chinese Renmimbi [US$1.38 billion]
of which 53%
was Wind Motor (CHN Dist.)), and
China High Speed Transmission Equipment Group Co Ltd
(9.85 billion Chinese Renmimbi [US$1.43 billion]
of which 100%
was Gear products).
Harbin Electric Co Ltd reported sales of 25.41 billion Chinese Renmimbi (US$3.69 billion)
December of 2015.
increase of 6.8%
versus 2014, when the company's sales were 23.79 billion Chinese Renmimbi.
Sales of Engineering Services for Power Stations saw an increase
that was more than double the company's growth rate: sales were up
75.1% in 2015, from
3.89 billion Chinese Renmimbi to 6.82 billion Chinese Renmimbi.
Harbin Electric Co Ltd also saw significant increases in sales in
Ancillary Equipment for Power Stations (up 12.3% to 1.75 billion Chinese Renmimbi)
Not all segments of Harbin Electric Co Ltd experienced an increase in sales in 2015:
sales of Main Thermal Power Equipment fell 24.2% to 9.33 billion Chinese Renmimbi.
Harbin Electric Co Ltd also experienced decreases in sales in
Main Hydro Power Equipment (down 6.9% to 2.71 billion Chinese Renmimbi)
Ac/dc Motors and Others (down 16.9% to 2.60 billion Chinese Renmimbi)