Harbin Electric Company Limited
Harbin Electric Company Limited (HKSE: 1133) is trading at HK$13.70, about ₹168 at today's HKD/INR rate, as of 30 Sep 2026, 2:47 AM ET, down 0.44% today. Indian residents can buy Harbin Electric from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$13.52
Today's high
HK$13.95
52 week low
HK$11.16
52 week high
HK$28.88
1133 opened at HK$13.72, closed previously at HK$13.76, and has traded between HK$11.16 and HK$28.88 over the past 52 weeks.
About
Harbin Electric Company Limited, in conjunction with its various subsidiaries, specializes in the production and distribution of power plant machinery across the People's Republic of China. Its comprehensive product range encompasses primary equipment for thermal power generation, such as boilers, steam turbines, and steam turbine generators. The company also provides complete hydropower generator units, as well as crucial components for nuclear power facilities, including both nuclear island and conventional island equipment. Additionally, it offers advanced steam power systems like 9F/9H class gas turbines and combined gas and steam cycle setups. Beyond these core offerings, Harbin Electric is dedicated to the research, development, and manufacturing of clean energy solutions, including solar energy, tidal power, and desalination products. It also supplies a diverse array of supporting equipment for power stations, industrial boilers, industrial steam turbines, control devices, and AC/DC motors, alongside specialized parts such as power station valves, pressure vessels, and axial compressors. The company extends its operations to include the construction of power station projects, maintenance and servicing of thermal and hydropower equipment, international trade of power station apparatus, and comprehensive after-sales support for its products. Furthermore, it conducts engineering technology research and development for power equipment and related ancillary items, and delivers environmental protection engineering services, specifically desulfurization, denitrification, and dust removal solutions. Harbin Electric's products are sold globally, with exports reaching markets in Asia and South America. Established in 1994, the firm is headquartered in Harbin, PRC, and functions as a subsidiary of Harbin Electric Corporation Co., Ltd.
Key statistics
Avg. volume
6.52M
Market cap
HK$30.64B
P/E Ratio
7.85
Price-to-sales ratio
0.54
Enterprise value
CN¥25.23B
Free cash flow yield
8.41%
Debt-to-equity ratio
0.35
Return on equity
14.97%
ROIC
11.11%
Beta
1.24
Dividend yield
2.97%
Last dividend
HK$0.41
Financial overview
Revenue
CN¥45.70B
Earnings per share
CN¥1.19
Free cash flow
CN¥2.81B
Net profit margin
6.94%
Gross margin
14.47%
EBITDA
CN¥3.42B
Revenue growth
19.32%
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This is not an investment recommendation
How to buy Harbin Electric from India
Indian residents can buy Harbin Electric shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to HKD.
Search for Harbin Electric and place an order
Find Harbin Electric by name or by its ticker, 1133, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Harbin Electric trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Harbin Electric position in HKD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Harbin Electric from India
Trading and taxes when buying Harbin Electric from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm HKT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Harbin Electric’s current yield is 2.97%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Harbin Electric stock?
Yes. Harbin Electric (1133) has been listed on the Hong Kong Stock Exchange since 1994, in the Industrial - Machinery industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to HKD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Harbin Electric share cost in rupees?
One Harbin Electric share is HK$13.70 — about ₹168 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Harbin Electric price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Harbin Electric from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
What is the minimum I can buy of Harbin Electric?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Harbin Electric shares taxed in India?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the HKD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Harbin Electric price. Paasa issues a capital-gains statement for your return.
Does Harbin Electric pay a dividend, and how is it taxed in India?
Yes. Harbin Electric pays a dividend and the current yield is 2.97%; the last declared dividend was HK$0.41 per share, about ₹4.98. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Harbin Electric from India?
The Hong Kong Stock Exchange trades 7:00 am – 1:30 pm IST in Indian time. It also halts for lunch, 9:30 am – 10:30 am IST. Orders can only execute during that window.
Is Harbin Electric a Hong Kong SAR China company, and does that change how it is taxed?
Harbin Electric trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Harbin Electric trades as an ordinary share listed directly in Hong Kong, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Harbin Electric shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Harbin Electric holding, its cost and its closing value.
How do I sell Harbin Electric and bring the money back to India?
You sell during market hours (7:00 am – 1:30 pm IST) and the proceeds settle in HKD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.