Here Group Limited (HERE) - Net Assets
Based on the latest financial reports, Here Group Limited (HERE) has net assets worth $1.02 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.34 Billion) and total liabilities ($323.57 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Here Group Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.02 Billion |
| % of Total Assets | 75.88% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 24.03 |
Here Group Limited - Net Assets Trend (2021–2025)
This chart illustrates how Here Group Limited's net assets have evolved over time, based on quarterly financial data. See HERE days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Here Group Limited (2021–2025)
The table below shows the annual net assets of Here Group Limited from 2021 to 2025. For live valuation and market cap data, see HERE stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $932.96 Million | +80.64% |
| 2024-06-30 | $516.48 Million | +128.70% |
| 2023-06-30 | $225.83 Million | +128.61% |
| 2022-06-30 | $-789.35 Million | -182.41% |
| 2021-06-30 | $-279.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Here Group Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3146005900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $16.05K | 0.00% |
| Other Comprehensive Income | $2.30 Million | 0.28% |
| Other Components | $838.14 Million | 103.60% |
| Total Equity | $809.00 Million | 100.00% |
Here Group Limited Competitors by Market Cap
The table below lists competitors of Here Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TMT Investments PLC
LSE:TMT
|
$80.08 Million |
|
Ares International Corp
TW:2471
|
$80.10 Million |
|
European Residential Real Estate Investment Trust
TO:ERE-UN
|
$80.15 Million |
|
Dana Brata Luhur PT
JK:TEBE
|
$80.19 Million |
|
Cufe Ltd
AU:CUF
|
$80.02 Million |
|
GeeCee Ventures Limited
NSE:GEECEE
|
$80.00 Million |
|
Progress-Werk Oberkirch AG
XETRA:PWO
|
$80.00 Million |
|
AVE S.A.
AT:AVE
|
$79.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Here Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 516,484,000 to 808,997,000, a change of 292,513,000 (56.6%).
- Net income of 358,730,000 contributed positively to equity growth.
- Dividend payments of 10,824,784 reduced retained earnings.
- Share repurchases of 3,571,398 reduced equity.
- Other comprehensive income decreased equity by 15,009,363.
- Other factors decreased equity by 36,811,455.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $358.73 Million | +44.34% |
| Dividends Paid | $10.82 Million | -1.34% |
| Share Repurchases | $3.57 Million | -0.44% |
| Other Comprehensive Income | $-15.01 Million | -1.86% |
| Other Changes | $-36.81 Million | -4.55% |
| Total Change | $- | 56.64% |
Book Value vs Market Value Analysis
This analysis compares Here Group Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.14x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | $-5.07 | $2.12 | x |
| 2022-06-30 | $-2.27 | $2.12 | x |
| 2023-06-30 | $4.05 | $2.12 | x |
| 2024-06-30 | $9.11 | $2.12 | x |
| 2025-06-30 | $14.69 | $2.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Here Group Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 44.34%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.16%
- • Asset Turnover: 1.64x
- • Equity Multiplier: 2.05x
- Recent ROE (44.34%) is above the historical average (14.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -17.96% | 5.33x | 0.00x | $-288.09 Million |
| 2022 | 0.00% | -8.14% | 4.75x | 0.00x | $-220.91 Million |
| 2023 | -48.52% | -3.52% | 2.52x | 5.47x | $-130.91 Million |
| 2024 | 74.64% | 10.16% | 2.66x | 2.76x | $333.88 Million |
| 2025 | 44.34% | 13.16% | 1.64x | 2.05x | $277.83 Million |
Industry Comparison
This section compares Here Group Limited's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $189,117,892
- Average return on equity (ROE) among peers: 9.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Here Group Limited (HERE) | $1.02 Billion | 0.00% | 0.32x | $80.06 Million |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $860.51K | 37.56% | 4.25x | $66.64 Million |
| American Outdoor Brands Inc (AOUT) | $324.61 Million | -2.93% | 0.09x | $127.60 Million |
| Amer Sports, Inc. (AS) | $-69.24 Million | 0.00% | 0.00x | $20.07 Billion |
| Callaway Golf Company (CALY) | $675.64 Million | -18.79% | 1.93x | $2.98 Billion |
| Clarus Corp (CLAR) | $32.60 Million | -16.56% | 0.49x | $110.33 Million |
| Dogness International Corp Class A (DOGZ) | $60.74 Million | 7.58% | 0.15x | $6.42 Million |
| Escalade Incorporated (ESCA) | $139.16 Million | 18.64% | 0.59x | $257.46 Million |
| Funko Inc (FNKO) | $396.56 Million | 11.07% | 1.44x | $302.93 Million |
| Six Flags Entertainment Corporation (FUN) | $305.32 Million | 23.39% | 1.69x | $2.29 Billion |
| Golden Heaven Group Holdings Ltd. Ordinary Shares (GDHG) | $24.93 Million | 30.35% | 1.54x | $31.14 Million |
About Here Group Limited
Here Group Limited designs and sells pop toys in China. It offers collectible pop toys, such as plush toys and figures under HERE brand. The company was formerly known as QuantaSing Group Limited and change its name to Here Group Limited in November 2025. Here Group Limited was founded in 2019 and is headquartered in Beijing, the People's Republic of China.