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Harbin Air Conditioning Co.,Ltd. (600202.SS)

CNY4.59 +0.11 (+2.46%)
CN SHH Industrials Construction
Address High-Tech Developing Zone 150078
Harbin, CN
CEO Xuefeng Zhan
Website hac.com.cn
IPO 1999-06-03
ISIN CNE000000Z69

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Description

Harbin Air Conditioning Co.,Ltd. (HAC), established in 1952 and headquartered in Harbin, People's Republic of China, is a prominent enterprise specializing in the comprehensive design, production, and distribution of air cooling and air conditioning solutions. The company offers a diverse portfolio tailored for critical industrial applications. For the petrochemical sector, HAC provides a wide array of air-cooling products, such as dry-type, humid-type, dry-humid type, surface-evaporation, and hot wind circulation air coolers. In the power generation industry, it supplies advanced air cooling systems, encompassing direct and indirect configurations, along with mechanical draft air cooling towers. Furthermore, its HVAC offerings include assembly air conditioning units, air heaters, and air screens. HAC's sophisticated equipment is primarily deployed in petrochemical, power generation, and refinery facilities. While maintaining a strong domestic presence in China, the company also boasts an international reach, delivering its products to global markets including the United States, Canada, Italy, Australia, Singapore, Malaysia, Russia, India, and various other nations.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY4.59 +0.11 (+2.46%)
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Volume Profile
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Liquidity & share structure
Average Volume
10M
Beta
0.58
Float Shares
252.89M
Free Float %
66.0%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
4.59
Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.52
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Construction: +2.5%
    +8.3% Q1'26: -12.3% (vs Q1'25)
  • EPS growth Construction: +11.1%
    -0.5% Q1'26: -211.3% (vs Q1'25)
  • FCF margin FCF growth · Construction: +30.9%
    -2.7% Q1'26: -61.3% (vs Q1'25)
  • EBIT margin Construction: +8.5%
    +1.7% Q1'26: -14.9% (vs Q1'25)
  • ROIC Construction: +6.4%
    +1.1% Q1'26: -6.7% (vs Q1'25)
  • Share dilution Construction: +0.4%
    -0.1% Q1'26: +0.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Construction: 0.05×
    12.34× Q1'26: -7.71× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.73) × ERP
WACC = 76% × Ke + 24% × Kd (3.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 2.25 Current price: 4.59
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual
Dec 2012
actual
Revenue
841.74M
est: 1.57B (-46.3%)
949.13M
est: 1.88B (-49.5%)
EBITDA
-161.78M
est: 131.15M (-223.4%)
110.02M
est: 157.18M (-30.0%)
EBIT
-182.03M
est: 97.00M (-287.7%)
85.18M
est: 116.26M (-26.7%)
Net Income
-194.87M
21.04M
SGA
66.18M
est: 43.28M (+52.9%)
104.26M
est: 51.87M (+101.0%)
EPS
-0.51
0.05
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-04-24 C 2/5 4/5 1/5 1/5 1/5 1/5 2/5
2026-04-23 C 2/5 4/5 1/5 1/5 1/5 1/5 2/5
2026-04-22 C 2/5 4/5 1/5 1/5 1/5 1/5 2/5
2026-04-21 C 2/5 4/5 1/5 1/5 1/5 1/5 2/5
2026-04-20 C 2/5 4/5 1/5 1/5 1/5 1/5 2/5
2026-04-17 C 2/5 4/5 1/5 1/5 1/5 1/5 2/5
2026-04-16 C 2/5 4/5 1/5 1/5 1/5 1/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-168.87M
OE per share TTM
-0.44
Owner's Yield
-7.32%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
37.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
40.9K
Shares Outstanding
383.34M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Haitao Bi Deputy GM & Chief Engineer male
Jing Shao Accounting Supervisor
Linzhan Guo Secretary to the Board & Director male
Xuefeng Zhan GM & Director male
Yang Feng Deputy General Manager male
Zhe Wang Deputy General Manager male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits