HCR Co Ltd (688500) - Net Assets

Latest as of March 2026: CN¥733.77 Million CNY ≈ $107.37 Million USD

Based on the latest financial reports, HCR Co Ltd (688500) has net assets worth CN¥733.77 Million CNY (≈ $107.37 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.01 Billion ≈ $147.38 Million USD) and total liabilities (CN¥273.37 Million ≈ $40.00 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 688500 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥733.77 Million
% of Total Assets	72.86%
Annual Growth Rate	18.53%
5-Year Change	-39.43%
10-Year Change	467.64%
Growth Volatility	84.28

HCR Co Ltd - Net Assets Trend (2013–2025)

This chart illustrates how HCR Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of HCR Co Ltd to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for HCR Co Ltd (2013–2025)

The table below shows the annual net assets of HCR Co Ltd from 2013 to 2025. For live valuation and market cap data, see how much is HCR Co Ltd worth.

Year	Net Assets	Change
2025-12-31	CN¥739.08 Million ≈ $108.15 Million	-1.30%
2024-12-31	CN¥748.82 Million ≈ $109.58 Million	-6.39%
2023-12-31	CN¥799.90 Million ≈ $117.05 Million	-16.17%
2022-12-31	CN¥954.24 Million ≈ $139.64 Million	-21.80%
2021-12-31	CN¥1.22 Billion ≈ $178.55 Million	-3.28%
2020-12-31	CN¥1.26 Billion ≈ $184.62 Million	+109.03%
2019-12-31	CN¥603.56 Million ≈ $88.32 Million	+11.48%
2018-12-31	CN¥541.40 Million ≈ $79.22 Million	+6.76%
2017-12-31	CN¥507.11 Million ≈ $74.21 Million	+289.48%
2016-12-31	CN¥130.20 Million ≈ $19.05 Million	-20.98%
2015-12-31	CN¥164.77 Million ≈ $24.11 Million	+39.77%
2014-12-31	CN¥117.89 Million ≈ $17.25 Million	+22.72%
2013-12-31	CN¥96.07 Million ≈ $14.06 Million	--

Equity Component Analysis

This analysis shows how different components contribute to HCR Co Ltd'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 964.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥978.98 Million	133.78%
Total Equity	CN¥731.76 Million	100.00%

HCR Co Ltd Competitors by Market Cap

The table below lists competitors of HCR Co Ltd ranked by their market capitalization.

Company	Market Cap
Energy Resources of Australia Ltd AU:ERA	$573.69 Million
Zhejiang Sf Oilless Bearing Co Ltd SHE:300817	$573.71 Million
Capex S.A BA:CAPX	$573.77 Million
YoungPoong KO:000670	$573.93 Million
Yingkou Jinchen Mach Co Ltd SHG:603396	$573.26 Million
COFCO Joycome Foods Limited F:0M7	$573.18 Million
Jiahe Foods Industry Co. Ltd. SHG:605300	$573.17 Million
Bit Digital Inc NASDAQ:BTBT	$572.67 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in HCR Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 741,417,234 to 731,762,236, a change of -9,654,998 (-1.3%).
Net loss of 41,484,300 reduced equity.
Dividend payments of 21,467 reduced retained earnings.
Other comprehensive income decreased equity by 1,618,921.
Other factors increased equity by 33,469,690.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-41.48 Million	-5.67%
Dividends Paid	CN¥21.47K	-0.0%
Other Comprehensive Income	CN¥-1.62 Million	-0.22%
Other Changes	CN¥33.47 Million	+4.57%
Total Change	CN¥-	-1.30%

Book Value vs Market Value Analysis

This analysis compares HCR Co Ltd'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: 5.27x
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 20.32x to 5.27x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-12-31	CN¥2.56	CN¥52.06	x
2014-12-31	CN¥2.88	CN¥52.06	x
2015-12-31	CN¥4.02	CN¥52.06	x
2016-12-31	CN¥2.82	CN¥52.06	x
2017-12-31	CN¥9.43	CN¥52.06	x
2018-12-31	CN¥9.84	CN¥52.06	x
2019-12-31	CN¥10.72	CN¥52.06	x
2020-12-31	CN¥18.97	CN¥52.06	x
2021-12-31	CN¥15.88	CN¥52.06	x
2022-12-31	CN¥12.73	CN¥52.06	x
2023-12-31	CN¥10.80	CN¥52.06	x
2024-12-31	CN¥10.14	CN¥52.06	x
2025-12-31	CN¥9.88	CN¥52.06	x

Capital Efficiency Dashboard

This dashboard shows how efficiently HCR Co Ltd 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): -5.67%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -8.21%
• Asset Turnover: 0.49x
• Equity Multiplier: 1.42x
Recent ROE (-5.67%) is below the historical average (3.96%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	14.64%	10.28%	0.98x	1.45x	CN¥4.46 Million
2014	15.29%	11.00%	0.99x	1.41x	CN¥6.00 Million
2015	13.68%	8.46%	1.06x	1.53x	CN¥5.67 Million
2016	28.06%	10.84%	0.58x	4.44x	CN¥21.09 Million
2017	5.78%	8.91%	0.50x	1.29x	CN¥-20.57 Million
2018	11.42%	17.00%	0.53x	1.27x	CN¥7.60 Million
2019	7.13%	11.31%	0.52x	1.22x	CN¥-17.17 Million
2020	1.34%	4.77%	0.24x	1.16x	CN¥-106.63 Million
2021	-2.48%	-6.49%	0.31x	1.23x	CN¥-147.38 Million
2022	-9.17%	-17.39%	0.41x	1.29x	CN¥-181.14 Million
2023	-21.38%	-31.48%	0.45x	1.51x	CN¥-249.18 Million
2024	-7.20%	-12.03%	0.43x	1.41x	CN¥-127.54 Million
2025	-5.67%	-8.21%	0.49x	1.42x	CN¥-114.66 Million

Industry Comparison

This section compares HCR Co Ltd's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

Industry: Information Technology Services
Average net assets among peers: $1,287,784,802
Average return on equity (ROE) among peers: 10.39%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
HCR Co Ltd (688500)	CN¥733.77 Million	14.64%	0.37x	$573.61 Million
Digital China Group Co Ltd (000034)	$106.09 Million	15.80%	2.57x	$2.82 Billion
ZJBC Information Technology Co Ltd (000889)	$2.25 Billion	6.83%	0.51x	$550.78 Million
Yunnan Nantian Electronics Information Co Ltd (000948)	$581.96 Million	5.63%	1.59x	$717.16 Million
Guomai Technologies Inc (002093)	$128.76 Million	18.12%	0.86x	$1.02 Billion
Shanghai HiTech Control System (002184)	$157.63 Million	23.72%	1.02x	$535.55 Million
SZZT Electronics Co Ltd (002197)	$2.77 Billion	1.96%	0.71x	$560.98 Million
Talkweb Information System Co Ltd (002261)	$2.58 Billion	-3.89%	1.09x	$5.63 Billion
Westone Information Industry Inc (002268)	$1.28 Billion	9.30%	0.50x	$1.64 Billion
Taiji Computer Corp Ltd (002368)	$1.88 Billion	9.40%	1.05x	$1.55 Billion
COSCO SHIPPING Technology Co Ltd (002401)	$1.14 Billion	16.98%	2.15x	$706.48 Million

About HCR Co Ltd

SHG:688500 China Information Technology Services

Market Cap

$573.61 Million

CN¥3.92 Billion CNY

Market Cap Rank

#11685 Global

#3360 in China

Share Price

CN¥52.06

Change (1 day)

+4.18%

52-Week Range

CN¥40.26 - CN¥89.30

All Time High

CN¥108.70