Harbin Air Conditioning Co

Harbin Air Conditioning Co P/TBV

The Price to Tangible Book Value (P/TBV) of Harbin Air Conditioning Co (600202.SS) as of Oct 22, 2026 is 2.86. In the previous year, Price to Tangible Book Value (P/TBV) was 3.09 — a change of -7.40% (lower).

P/TBV

2.86

YoY

-7.40%

Last updated:

Price to Tangible Book Value (P/TBV) of Harbin Air Conditioning Co is 2025 2.86 . Price to Tangible Book Value (P/TBV) of Harbin Air Conditioning Co was 2024 3.09 . It decreases by -7.40% lower compared to the previous year.

The Harbin Air Conditioning Co P/TBV history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/TBV
Date
P/TBV
Jan 1, 2018
4.14 CNY
Jan 1, 2019
3.79 CNY
Jan 1, 2020
3.57 CNY
Jan 1, 2021
3.25 CNY
Jan 1, 2022
3.12 CNY
Jan 1, 2023
3.12 CNY
Jan 1, 2024
3.09 CNY
Jan 1, 2025
2.86 CNY
The Harbin Air Conditioning Co P/TBV history
YEARP/TBVYoY
2.86-7.40%
3.09-0.98%
3.12-0.21%
3.12-3.92%
3.25-8.90%
3.57-5.99%
3.79-8.39%
4.14-3.77%
4.30+15.65%
3.72+27.79%
2.91-2.28%
2.98—

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Harbin Air Conditioning Co Stock analysis

What does Harbin Air Conditioning Co do? Harbin Air Conditioning Co., Ltd. generates revenue through the design, manufacturing, and sale of air coolers tailored for petrochemical factories and power plants. The company's air coolers for petrochemical factories are used in condensation and cooling processes across petrochemical, coal chemical, and metallurgical industries, while its power plant air coolers handle waste steam cooling in steam turbines. Additionally, the firm offers nuclear power station air handling units and other industrial air conditioning products, distributing these solutions domestically and internationally to meet diverse industrial cooling needs. The primary buyers of Harbin Air Conditioning's products include petrochemical factories, power plants, and facilities requiring industrial air conditioning solutions. These segments demand specialized cooling systems for high-temperature processes, with petrochemical and power sectors representing key markets. The company's focus on industrial applications ensures consistent demand from established industry players seeking reliable cooling infrastructure. Harbin Air Conditioning Co., Ltd. serves both domestic and overseas markets, leveraging its product range to address cooling requirements in various industrial settings. Its air coolers for petrochemical factories and power plants form the core of its revenue streams, supported by complementary offerings like nuclear power station air handling units. This diversified product portfolio caters to specific industrial cooling challenges, enabling the company to secure contracts with major industrial clients across multiple regions. Harbin Air Conditioning Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Harbin Air Conditioning Co stock

Price to Tangible Book Value (P/TBV) of Harbin Air Conditioning Co is 2.86 in 2025.

Price to Tangible Book Value (P/TBV) of Harbin Air Conditioning Co changed from 3.09 to 2.86, representing a -7.40% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Price to Tangible Book Value (P/TBV) Harbin Air Conditioning Co since 2006 – with annual values, charts, and detailed analysis.

P/TBV compares the stock price to tangible book value per share, excluding goodwill and intangibles. It provides a conservative asset-based valuation.

To evaluate Price to Tangible Book Value (P/TBV)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Price to Tangible Book Value (P/TBV).

A 'good' varies by industry and company stage. On Eulerpool, you can compare Price to Tangible Book Value (P/TBV)'s Harbin Air Conditioning Co with sector peers and the industry average to assess whether it is attractive.

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Valuation — Harbin Air Conditioning Co

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