Harbin Air Conditioning Co (SHSE:600202) Debt-to-EBITDA : -14.22 (As of Jun. 2026)

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SHSE:600202 Harbin Air Conditioning Co Ltd SHSE:600202
62 GF Score
Price ¥5.12
GF Value ¥5.62
Valuation Fairly Valued
! 7 Warning Signs
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What is Harbin Air Conditioning Co Debt-to-EBITDA?

Harbin Air Conditioning Co SHSE:600202 -2.29% 62 Debt-to-EBITDA is -14.22 as of Jun. 2026. GuruFocus rates SHSE:600202 with a GF Score™ of 62/100 and a GF Value™ of ¥5.62 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,395 Construction companies, Harbin Air Conditioning Co ranks worse than 71684.52% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Harbin Air Conditioning Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥715 Mil. Harbin Air Conditioning Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥127 Mil. Harbin Air Conditioning Co's annualized EBITDA for the quarter that ended in Jun. 2026 was ¥-59 Mil. Harbin Air Conditioning Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -14.22.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Harbin Air Conditioning Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600202' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -45.24   Med: 4.65   Max: 13.4
Current: -45.24

During the past 13 years, the highest Debt-to-EBITDA Ratio of Harbin Air Conditioning Co was 13.40. The lowest was -45.24. And the median was 4.65.

SHSE:600202's Debt-to-EBITDA is ranked worse than
100% of 1395 companies
in the Construction industry
Industry Median: 2.09 vs SHSE:600202: -45.24

Harbin Air Conditioning Co  (SHSE:600202) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Harbin Air Conditioning Co Debt-to-EBITDA Related Terms


Harbin Air Conditioning Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Harbin Air Conditioning Co's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Harbin Air Conditioning Co Debt-to-EBITDA Chart

Harbin Air Conditioning Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.43 7.32 10.92 12.68 13.40

Harbin Air Conditioning Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.58 -12.57 5.51 -8.17 -14.22

SHSE:600202 vs TT, JCI, CARR: Debt-to-EBITDA Comparison

For the Building Products & Equipment subindustry, Harbin Air Conditioning Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Harbin Air Conditioning Co Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Harbin Air Conditioning Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Harbin Air Conditioning Co's Debt-to-EBITDA falls into.


SHSE:600202
62GF Score
Harbin Air Conditioning Co Ltd SHSE:600202
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harbin Air Conditioning Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Harbin Air Conditioning Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(765.894 + 42.343) / 60.335
=13.40

Harbin Air Conditioning Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(715.268 + 126.765) / -59.228
=-14.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -14.22 mean?
Harbin Air Conditioning Co (SHSE:600202) has a Debt-to-EBITDA of -14.22 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Harbin Air Conditioning Co. According to the industry distribution chart, Harbin Air Conditioning Co ranks #999999 out of 1395 companies in the Construction industry.
Is Harbin Air Conditioning Co's Debt-to-EBITDA too high?
Harbin Air Conditioning Co's current Debt-to-EBITDA is -14.22. Based on the distribution chart, Harbin Air Conditioning Co ranks #999999 out of 1395 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Harbin Air Conditioning Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harbin Air Conditioning Co's Debt-to-EBITDA compare to TT and JCI?
According to the Construction industry distribution chart, Harbin Air Conditioning Co ranks #999999 out of 1395 companies for Debt-to-EBITDA. This places Harbin Air Conditioning Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.09. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Construction company?
The median Debt-to-EBITDA among Construction companies is 2.09, based on 1,395 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Harbin Air Conditioning Co. For the Construction industry, the median Debt-to-EBITDA is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harbin Air Conditioning Co's current Debt-to-EBITDA is -14.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbin Air Conditioning Co stock overvalued right now?
Based on GuruFocus' analysis, Harbin Air Conditioning Co (SHSE:600202) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.62, compared to a current price of ¥5.12 — trading 8.9% below its estimated fair value. The current Debt-to-EBITDA is -14.22. Harbin Air Conditioning Co's overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Harbin Air Conditioning Co (SHSE:600202), the current Debt-to-EBITDA is -14.22 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Harbin Air Conditioning Co (SHSE:600202) Overvalued in 2026?

Based on GuruFocus' analysis, Harbin Air Conditioning Co stock appears to be undervalued. The current stock price of ¥5.12 is trading 8.9% below its estimated GF Value™ of ¥5.62. GuruFocus considers Harbin Air Conditioning Co to be Fairly Valued.

Key valuation signals for SHSE:600202:

  • Debt-to-EBITDA: -14.22
  • GF Value™: ¥5.62 vs. price of ¥5.12 (8.9% below fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600202 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harbin Air Conditioning Co Business Description

Address No. 7, Dianchi Street, Yingbin Road, High-tech Development Zone, Heilongjiang Province, Harbin, Heilongjiang, CHN, 150078
Harbin Air Conditioning Co Ltd in China is engaged in the designing and manufacturing of energy saving and environmentally-friendly products such as petrochemical air cooling condensers, power plant air coolers, and air conditioning HVAC equipment. Its products are widely used in petrochemical, power energy, steel and metallurgical industries.
62GF Score

Get the complete analysis for SHSE:600202

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.12
Price
¥5.62
GF Value