Harbin Bank Co., Ltd. logo

Harbin Bank Co., Ltd.

6138.HK

HKSEFinancial ServicesBanks - Regional

Latest quote

HK$0.31

+HK$0.005 · +1.64%

Aug 24, 4:08 PM HKT

6138.HK company overview

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Company profile

Company website

Founded in 1997 and based in Harbin, People's Republic of China, Harbin Bank Co., Ltd. delivers a broad spectrum of commercial banking services and offerings, predominantly within Mainland China. Its operations are structured into four key divisions: Corporate Financial Business, Retail Financial Business, Interbank Financial Business, and Other Business. The bank's extensive product portfolio encompasses various deposit accounts, including demand and time deposits, alongside diverse lending solutions such as personal, collateral-backed, corporate, and agricultural loans. It also issues both bank and credit cards. Furthermore, Harbin Bank provides essential services like settlement and clearing, facilitates trading activities, and offers personal wealth management advice. It participates in money market transactions, covering placements, investments, and repurchasing agreements, as well as foreign exchange services. For convenient access, clients can utilize online, mobile, and telephone banking platforms. The company also extends into insurance products, project financing, financial advisory and consulting, the underwriting and issuance of securities, and asset custody services. As of December 31, 2021, the bank's physical network comprised 311 branches, specifically 17 primary branches, 292 sub-branches, a dedicated financial service center for small enterprises, and a headquarters business department. The institution was previously known as Harbin City Commercial Bank Co., Ltd. before officially changing its name to Harbin Bank Co., Ltd. in November 2007.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
CN
CEO
Xinquan Deng
Listed since
Mar 31, 2014
Employees
8,806

Market position

52-week range

Current HK$0.31

Open
HK$0.31
Previous close
HK$0.305
Volume
0
0× average
Average volume
1.76M
Average daily volume
Market cap
3.41B HKD
Beta
0.66
Market reference 1
50-day average
HK$0.3097
+0.10% above average
200-day average
HK$0.3473
-10.73% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
115.19B CNY
P/E (TTM)
5.07×
P/B (TTM)
0.06×
P/S (TTM)
0.2×
EV / EBITDA
99.69×
Earnings yield
32.28%
Free cash flow yield
50.83%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
30.15%
Operating margin
4.84%
Net margin
7.73%
Return on equity
2.20%
Return on assets
0.11%
Return on invested capital
0.05%

Financial health

Debt / equity
4.17×
Current ratio
0.76×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends110%71%31%-8%Gross margin, FY2021: 100.00%Gross margin, FY2022: 100.00%Gross margin, FY2023: 100.00%Gross margin, FY2024: 100.00%Gross margin, FY2025: 13.39%Operating margin, FY2021: 19.23%Operating margin, FY2022: 21.86%Operating margin, FY2023: 15.15%Operating margin, FY2024: 59.31%Operating margin, FY2025: 1.94%Net margin, FY2021: 4.88%Net margin, FY2022: 8.82%Net margin, FY2023: 11.78%Net margin, FY2024: 6.91%Net margin, FY2025: 4.17%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 100.00%. Gross margin FY2023 100.00%. Gross margin FY2024 100.00%. Gross margin FY2025 13.39%. Operating margin FY2021 19.23%. Operating margin FY2022 21.86%. Operating margin FY2023 15.15%. Operating margin FY2024 59.31%. Operating margin FY2025 1.94%. Net margin FY2021 4.88%. Net margin FY2022 8.82%. Net margin FY2023 11.78%. Net margin FY2024 6.91%. Net margin FY2025 4.17%.

Income trends

Revenue

26.76B CNY+101.10%

Operating income

519.21M CNY-93.42%

Net income

1.12B CNY+21.34%
Income trends across reported periods29.41B CNY18.82B CNY8.22B CNY−2.37B CNYRevenue, FY2021: 5.62B CNYRevenue, FY2022: 6.29B CNYRevenue, FY2023: 6.28B CNYRevenue, FY2024: 13.31B CNYRevenue, FY2025: 26.76B CNYOperating income, FY2021: 1.08B CNYOperating income, FY2022: 1.37B CNYOperating income, FY2023: 952.1M CNYOperating income, FY2024: 7.89B CNYOperating income, FY2025: 519.21M CNYNet income, FY2021: 274.13M CNYNet income, FY2022: 554.77M CNYNet income, FY2023: 739.99M CNYNet income, FY2024: 919.67M CNYNet income, FY2025: 1.12B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 5.62B CNY. Revenue FY2022 6.29B CNY. Revenue FY2023 6.28B CNY. Revenue FY2024 13.31B CNY. Revenue FY2025 26.76B CNY. Operating income FY2021 1.08B CNY. Operating income FY2022 1.37B CNY. Operating income FY2023 952.1M CNY. Operating income FY2024 7.89B CNY. Operating income FY2025 519.21M CNY. Net income FY2021 274.13M CNY. Net income FY2022 554.77M CNY. Net income FY2023 739.99M CNY. Net income FY2024 919.67M CNY. Net income FY2025 1.12B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue26.76B CNY13.31B CNY6.28B CNY6.29B CNY5.62B CNY
Cost of goods sold23.18B CNY20.44B CNY20.17B CNY17.06B CNY16.39B CNY
Gross profit3.58B CNY13.31B CNY6.28B CNY6.29B CNY5.62B CNY
Selling, general, and administrative2.6B CNY5B CNY5.33B CNY1.54B CNY1.29B CNY
Operating expenses3.06B CNY5.42B CNY5.33B CNY10.69B CNY11.05B CNY
Interest income27.87B CNY30.27B CNY29.72B CNY26.07B CNY26.45B CNY
Interest expense18.27B CNY20.44B CNY20.17B CNY17.06B CNY16.39B CNY
Depreciation and amortization636.26M CNY716.72M CNY769.68M CNY789.93M CNY742.56M CNY
Operating income519.21M CNY7.89B CNY952.1M CNY1.37B CNY1.08B CNY
Net income1.12B CNY919.67M CNY739.99M CNY554.77M CNY274.13M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 2 misses, 0 met estimates
Average EPS surprise
-123.55%
2 comparable reports
Latest EPS result
0

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.090.05-0-0.05Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25Q2 '25Q1 '26
Q3 2022, reported Aug 30, 2022: actual 0.012, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Apr 27, 2023: actual -0.009, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 28, 2023: actual 0.02, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual -0.003, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 26, 2024: actual 0.018, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual -0.003, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 24, 2025: actual 0.053, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 27, 2026: actual 0.005, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates13.99B10.18B6.36B2.55BQ3 '22MissQ2 '23MissQ3 '23MissQ1 '24MissQ3 '24No estimateQ1 '25No estimateQ2 '25No estimateQ1 '26No estimate
Q3 2022, reported Aug 30, 2022: actual 3.65B HKD, estimate 12.58B HKD, surprise -70.99%, Miss. Q2 2023, reported Apr 27, 2023: actual 3.61B HKD, estimate 12.58B HKD, surprise -71.30%, Miss. Q3 2023, reported Aug 28, 2023: actual 2.99B HKD, estimate 12.58B HKD, surprise -76.19%, Miss. Q1 2024, reported Mar 27, 2024: actual 3.89B HKD, estimate 12.58B HKD, surprise -69.07%, Miss. Q3 2024, reported Aug 26, 2024: actual 3.04B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 3.55B HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 24, 2025: actual 3.2B HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 27, 2026: actual 13.18B HKD, estimate —, surprise —, Comparison unavailable.

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