H&R Century Union Corp

SHE:000892 China Broadcasting
Market Cap
$836.95 Million
CN¥6.14 Billion CNY
Market Cap Rank
#9663 Global
#2023 in China
Share Price
CN¥6.26
Change (1 day)
-2.64%
52-Week Range
CN¥3.12 - CN¥9.87
All Time High
CN¥22.72
About

H&R Century Union Corporation engages in the drama series production and artist brokerage business in China. The company invests in, produces, and distributes film and television dramas. It also offers asset investment management services. The company was formerly known as Stellar Megaunion Corp. and changed its name to H&R Century Union Corporation in February 2017. H&R Century Union Corporation… Read more

H&R Century Union Corp (000892) - Net Assets

Latest net assets as of September 2025: CN¥810.49 Million CNY

Based on the latest financial reports, H&R Century Union Corp (000892) has net assets worth CN¥810.49 Million CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.68 Billion) and total liabilities (CN¥871.47 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥810.49 Million
% of Total Assets 48.19%
Annual Growth Rate 6.17%
5-Year Change -54.76%
10-Year Change 19675.12%
Growth Volatility 12480.58

H&R Century Union Corp - Net Assets Trend (1995–2024)

This chart illustrates how H&R Century Union Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for H&R Century Union Corp (1995–2024)

The table below shows the annual net assets of H&R Century Union Corp from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥845.50 Million -22.55%
2023-12-31 CN¥1.09 Billion -27.28%
2022-12-31 CN¥1.50 Billion +0.51%
2021-12-31 CN¥1.49 Billion -20.09%
2020-12-31 CN¥1.87 Billion -29.56%
2019-12-31 CN¥2.65 Billion -22.13%
2018-12-31 CN¥3.41 Billion +10.55%
2017-12-31 CN¥3.08 Billion +15.28%
2016-12-31 CN¥2.67 Billion +62437.47%
2015-12-31 CN¥4.28 Million +43.75%
2014-12-31 CN¥2.97 Million -44.56%
2013-12-31 CN¥5.37 Million -10.32%
2012-12-31 CN¥5.98 Million +29.47%
2011-12-31 CN¥4.62 Million +131.32%
2010-12-31 CN¥-14.75 Million -26.62%
2009-12-31 CN¥-11.65 Million -60.81%
2008-12-31 CN¥-7.25 Million +99.39%
2007-12-31 CN¥-1.19 Billion +0.35%
2006-12-31 CN¥-1.19 Billion -483.66%
2005-12-31 CN¥310.10 Million -62.89%
2004-12-31 CN¥835.72 Million -1.27%
2003-12-31 CN¥846.44 Million +13.44%
2002-12-31 CN¥746.19 Million +11.53%
2001-12-31 CN¥669.07 Million +10.46%
2000-12-31 CN¥605.73 Million +28.35%
1999-12-31 CN¥471.92 Million +13.43%
1998-12-31 CN¥416.04 Million +115.79%
1997-12-31 CN¥192.79 Million +22.49%
1996-12-31 CN¥157.40 Million +5.54%
1995-12-31 CN¥149.14 Million --

Equity Component Analysis

This analysis shows how different components contribute to H&R Century Union Corp'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 11879.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥980.98 Million 111.52%
Other Comprehensive Income CN¥51.62 Million 5.87%
Other Components CN¥1.08 Billion 122.31%
Total Equity CN¥879.67 Million 100.00%

H&R Century Union Corp Competitors by Market Cap

The table below lists competitors of H&R Century Union Corp ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in H&R Century Union Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,120,782,556 to 879,674,153, a change of -241,108,403 (-21.5%).
  • Net loss of 241,108,403 reduced equity.
  • Dividend payments of 4,216,187 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-241.11 Million -27.41%
Dividends Paid CN¥4.22 Million -0.48%
Other Changes CN¥4.22 Million +0.48%
Total Change CN¥- -21.51%

Book Value vs Market Value Analysis

This analysis compares H&R Century Union Corp'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: 6.91x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 19.14x to 6.91x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.33 CN¥6.26 x
1996-12-31 CN¥0.35 CN¥6.26 x
1997-12-31 CN¥0.42 CN¥6.26 x
1998-12-31 CN¥0.91 CN¥6.26 x
1999-12-31 CN¥1.04 CN¥6.26 x
2000-12-31 CN¥1.21 CN¥6.26 x
2001-12-31 CN¥1.33 CN¥6.26 x
2002-12-31 CN¥1.45 CN¥6.26 x
2003-12-31 CN¥1.67 CN¥6.26 x
2004-12-31 CN¥1.66 CN¥6.26 x
2005-12-31 CN¥0.55 CN¥6.26 x
2006-12-31 CN¥-2.91 CN¥6.26 x
2007-12-31 CN¥-2.96 CN¥6.26 x
2008-12-31 CN¥-0.02 CN¥6.26 x
2009-12-31 CN¥-0.03 CN¥6.26 x
2010-12-31 CN¥-0.04 CN¥6.26 x
2011-12-31 CN¥0.01 CN¥6.26 x
2012-12-31 CN¥0.01 CN¥6.26 x
2013-12-31 CN¥0.01 CN¥6.26 x
2014-12-31 CN¥0.01 CN¥6.26 x
2015-12-31 CN¥0.01 CN¥6.26 x
2016-12-31 CN¥6.32 CN¥6.26 x
2017-12-31 CN¥3.17 CN¥6.26 x
2018-12-31 CN¥3.46 CN¥6.26 x
2019-12-31 CN¥2.71 CN¥6.26 x
2020-12-31 CN¥1.91 CN¥6.26 x
2021-12-31 CN¥1.54 CN¥6.26 x
2022-12-31 CN¥1.56 CN¥6.26 x
2023-12-31 CN¥1.16 CN¥6.26 x
2024-12-31 CN¥0.91 CN¥6.26 x

Capital Efficiency Dashboard

This dashboard shows how efficiently H&R Century Union Corp 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): -27.41%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -62.65%
  • • Asset Turnover: 0.23x
  • • Equity Multiplier: 1.90x
  • Recent ROE (-27.41%) is below the historical average (-7.58%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 10.67% 13.36% 0.35x 2.26x CN¥993.69K
1996 12.30% 14.77% 0.33x 2.54x CN¥3.61 Million
1997 15.06% 17.91% 0.34x 2.46x CN¥9.75 Million
1998 10.12% 18.36% 0.31x 1.78x CN¥495.96K
1999 13.59% 28.68% 0.28x 1.69x CN¥16.93 Million
2000 14.46% 30.39% 0.23x 2.10x CN¥24.60 Million
2001 13.97% 25.95% 0.19x 2.90x CN¥24.06 Million
2002 9.40% 11.65% 0.23x 3.53x CN¥-3.98 Million
2003 12.97% 10.03% 0.36x 3.55x CN¥22.59 Million
2004 0.45% 0.51% 0.24x 3.74x CN¥-72.40 Million
2005 -200.66% -763.90% 0.03x 9.26x CN¥-531.10 Million
2006 0.00% -2340.72% 0.08x 0.00x CN¥-673.88 Million
2007 0.00% 2666.59% 0.00x 0.00x CN¥125.64 Million
2008 0.00% 10896619.19% 0.22x 0.00x CN¥1.20 Billion
2009 0.00% 0.00% 0.00x 0.00x CN¥-3.24 Million
2010 0.00% -561.88% 0.58x 0.00x CN¥-1.63 Million
2011 13.65% 3.53% 2.68x 1.45x CN¥168.71K
2012 22.76% 11.69% 1.72x 1.13x CN¥763.68K
2013 -11.51% -5.63% 1.88x 1.09x CN¥-1.15 Million
2014 -80.39% 0.00% 0.00x 1.04x CN¥-2.69 Million
2015 30.41% 9.68% 1.54x 2.04x CN¥872.70K
2016 9.18% 33.25% 0.22x 1.24x CN¥-21.82 Million
2017 13.24% 26.03% 0.38x 1.34x CN¥99.72 Million
2018 9.53% 24.44% 0.27x 1.45x CN¥-16.17 Million
2019 -20.77% -102.06% 0.15x 1.34x CN¥-816.58 Million
2020 -41.99% -424.39% 0.07x 1.42x CN¥-971.75 Million
2021 -22.25% -86.04% 0.16x 1.58x CN¥-483.68 Million
2022 1.18% 3.01% 0.26x 1.51x CN¥-133.84 Million
2023 -35.43% -118.25% 0.19x 1.58x CN¥-509.21 Million
2024 -27.41% -62.65% 0.23x 1.90x CN¥-329.08 Million

Industry Comparison

This section compares H&R Century Union Corp's net assets metrics with peer companies in the Broadcasting industry.

Industry Context

  • Industry: Broadcasting
  • Average net assets among peers: $4,461,083,788
  • Average return on equity (ROE) among peers: 6.31%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
H&R Century Union Corp (000892) CN¥810.49 Million 10.67% 1.08x $563.50 Million
Hubei Radio and Television Information Network Co Ltd (000665) $2.32 Billion 7.92% 0.43x $434.69 Million
Shenzhen Topway Video Communication Co Ltd (002238) $2.29 Billion 7.96% 0.70x $212.77 Million
Beijing Gehua CATV Network Co Ltd (600037) $13.43 Billion 4.33% 0.21x $885.73 Million
Jiangsu Broadcasting Cable inf (600959) $7.43 Billion 5.16% 0.30x $1.20 Billion
Guizhou Broadcasting&TV Info (600996) $756.58 Million 7.36% 3.20x $631.31 Million
TVZone Media Co Ltd (603721) $537.37 Million 5.10% 0.16x $181.02 Million