H&R Century Union Corp (000892) - Net Assets
Based on the latest financial reports, H&R Century Union Corp (000892) has net assets worth CN¥810.49 Million CNY (≈ $118.60 Million USD) 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 ≈ $246.12 Million USD) and total liabilities (CN¥871.47 Million ≈ $127.52 Million USD). 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 H&R Century Union Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore H&R Century Union Corp balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see H&R Century Union Corp (000892) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥845.50 Million ≈ $123.72 Million |
-22.55% |
| 2023-12-31 | CN¥1.09 Billion ≈ $159.74 Million |
-27.28% |
| 2022-12-31 | CN¥1.50 Billion ≈ $219.66 Million |
+0.51% |
| 2021-12-31 | CN¥1.49 Billion ≈ $218.54 Million |
-20.09% |
| 2020-12-31 | CN¥1.87 Billion ≈ $273.49 Million |
-29.56% |
| 2019-12-31 | CN¥2.65 Billion ≈ $388.26 Million |
-22.13% |
| 2018-12-31 | CN¥3.41 Billion ≈ $498.61 Million |
+10.55% |
| 2017-12-31 | CN¥3.08 Billion ≈ $451.03 Million |
+15.28% |
| 2016-12-31 | CN¥2.67 Billion ≈ $391.26 Million |
+62437.47% |
| 2015-12-31 | CN¥4.28 Million ≈ $625.65K |
+43.75% |
| 2014-12-31 | CN¥2.97 Million ≈ $435.25K |
-44.56% |
| 2013-12-31 | CN¥5.37 Million ≈ $785.13K |
-10.32% |
| 2012-12-31 | CN¥5.98 Million ≈ $875.52K |
+29.47% |
| 2011-12-31 | CN¥4.62 Million ≈ $676.22K |
+131.32% |
| 2010-12-31 | CN¥-14.75 Million ≈ $-2.16 Million |
-26.62% |
| 2009-12-31 | CN¥-11.65 Million ≈ $-1.71 Million |
-60.81% |
| 2008-12-31 | CN¥-7.25 Million ≈ $-1.06 Million |
+99.39% |
| 2007-12-31 | CN¥-1.19 Billion ≈ $-173.48 Million |
+0.35% |
| 2006-12-31 | CN¥-1.19 Billion ≈ $-174.09 Million |
-483.66% |
| 2005-12-31 | CN¥310.10 Million ≈ $45.38 Million |
-62.89% |
| 2004-12-31 | CN¥835.72 Million ≈ $122.29 Million |
-1.27% |
| 2003-12-31 | CN¥846.44 Million ≈ $123.86 Million |
+13.44% |
| 2002-12-31 | CN¥746.19 Million ≈ $109.19 Million |
+11.53% |
| 2001-12-31 | CN¥669.07 Million ≈ $97.91 Million |
+10.46% |
| 2000-12-31 | CN¥605.73 Million ≈ $88.64 Million |
+28.35% |
| 1999-12-31 | CN¥471.92 Million ≈ $69.06 Million |
+13.43% |
| 1998-12-31 | CN¥416.04 Million ≈ $60.88 Million |
+115.79% |
| 1997-12-31 | CN¥192.79 Million ≈ $28.21 Million |
+22.49% |
| 1996-12-31 | CN¥157.40 Million ≈ $23.03 Million |
+5.54% |
| 1995-12-31 | CN¥149.14 Million ≈ $21.82 Million |
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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.
| Company | Market Cap |
|---|---|
|
Galaxy Surfactants Limited
NSE:GALAXYSURF
|
$712.11 Million |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
$712.32 Million |
|
Obsidian Energy Ltd
TO:OBE
|
$712.77 Million |
|
Viaplay Group AB (publ)
ST:VPLAY-B
|
$712.87 Million |
|
Zhejiang Xinneng Photovoltaic Technology Co Ltd
SHG:603105
|
$711.92 Million |
|
Amos Luzon Development and Energy Group Ltd
TA:LUZN
|
$711.71 Million |
|
Creades AB
ST:CRED-A
|
$711.38 Million |
|
Jianmin Pharmaceutical Group Co Ltd
SHG:600976
|
$711.35 Million |
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 241,108,400 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: 5.44x
- 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 15.16x to 5.44x 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¥4.96 | x |
| 1996-12-31 | CN¥0.35 | CN¥4.96 | x |
| 1997-12-31 | CN¥0.42 | CN¥4.96 | x |
| 1998-12-31 | CN¥0.91 | CN¥4.96 | x |
| 1999-12-31 | CN¥1.04 | CN¥4.96 | x |
| 2000-12-31 | CN¥1.21 | CN¥4.96 | x |
| 2001-12-31 | CN¥1.33 | CN¥4.96 | x |
| 2002-12-31 | CN¥1.45 | CN¥4.96 | x |
| 2003-12-31 | CN¥1.67 | CN¥4.96 | x |
| 2004-12-31 | CN¥1.66 | CN¥4.96 | x |
| 2005-12-31 | CN¥0.55 | CN¥4.96 | x |
| 2006-12-31 | CN¥-2.91 | CN¥4.96 | x |
| 2007-12-31 | CN¥-2.96 | CN¥4.96 | x |
| 2008-12-31 | CN¥-0.02 | CN¥4.96 | x |
| 2009-12-31 | CN¥-0.03 | CN¥4.96 | x |
| 2010-12-31 | CN¥-0.04 | CN¥4.96 | x |
| 2011-12-31 | CN¥0.01 | CN¥4.96 | x |
| 2012-12-31 | CN¥0.01 | CN¥4.96 | x |
| 2013-12-31 | CN¥0.01 | CN¥4.96 | x |
| 2014-12-31 | CN¥0.01 | CN¥4.96 | x |
| 2015-12-31 | CN¥0.01 | CN¥4.96 | x |
| 2016-12-31 | CN¥6.25 | CN¥4.96 | x |
| 2017-12-31 | CN¥3.14 | CN¥4.96 | x |
| 2018-12-31 | CN¥3.46 | CN¥4.96 | x |
| 2019-12-31 | CN¥2.71 | CN¥4.96 | x |
| 2020-12-31 | CN¥1.91 | CN¥4.96 | x |
| 2021-12-31 | CN¥1.54 | CN¥4.96 | x |
| 2022-12-31 | CN¥1.69 | CN¥4.96 | x |
| 2023-12-31 | CN¥1.16 | CN¥4.96 | x |
| 2024-12-31 | CN¥0.91 | CN¥4.96 | 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 (125.00%), 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¥763.69K |
| 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 | 4006.60% | 36.11% | 54.51x | 2.04x | CN¥170.88 Million |
| 2016 | 9.91% | 35.89% | 0.22x | 1.24x | CN¥-2.31 Million |
| 2017 | 13.70% | 26.93% | 0.38x | 1.34x | CN¥113.90 Million |
| 2018 | 9.53% | 24.44% | 0.27x | 1.45x | CN¥-16.17 Million |
| 2019 | -20.77% | -102.06% | 0.15x | 1.34x | CN¥-816.54 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: $4,676,152,382
- Average return on equity (ROE) among peers: 5.83%
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 | $712.00 Million |
| Hubei Radio and Television Information Network Co Ltd (000665) | $167.52 Million | 13.67% | 2.53x | $797.06 Million |
| Shenzhen Topway Video Communication Co Ltd (002238) | $2.29 Billion | 7.96% | 0.70x | $858.48 Million |
| Beijing Gehua CATV Network Co Ltd (600037) | $12.83 Billion | -1.34% | 0.24x | $1.63 Billion |
| Jiangsu Broadcasting Cable inf (600959) | $7.43 Billion | 5.16% | 0.30x | $2.84 Billion |
| Guizhou Broadcasting&TV Info (600996) | $4.80 Billion | 4.47% | 2.14x | $1.54 Billion |
| TVZone Media Co Ltd (603721) | $537.37 Million | 5.10% | 0.16x | $468.54 Million |
About H&R Century Union Corp
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