HCR Co Ltd (688500) - Net Assets

Latest as of September 2025: CN¥718.89 Million CNY ≈ $105.20 Million USD

Based on the latest financial reports, HCR Co Ltd (688500) has net assets worth CN¥718.89 Million CNY (≈ $105.20 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¥994.33 Million ≈ $145.50 Million USD) and total liabilities (CN¥275.44 Million ≈ $40.31 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 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥718.89 Million
% of Total Assets	72.3%
Annual Growth Rate	20.52%
5-Year Change	-40.65%
10-Year Change	354.45%
Growth Volatility	87.31

HCR Co Ltd - Net Assets Trend (2013–2024)

This chart illustrates how HCR Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore HCR Co Ltd assets under control for the complete picture of this company's asset base.

Annual Net Assets for HCR Co Ltd (2013–2024)

The table below shows the annual net assets of HCR Co Ltd from 2013 to 2024. For live valuation and market cap data, see how much is HCR Co Ltd worth.

Year	Net Assets	Change
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 825.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CN¥74.27 Million	10.02%
Other Comprehensive Income	CN¥1.62 Million	0.22%
Other Components	CN¥872.94 Million	117.74%
Total Equity	CN¥741.42 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
Oriental Times Media Corp SHE:002175	$513.79 Million
Invesco California Value Muni Inc Tr NYSE:VCV	$513.80 Million
Sunrise Energy Metals Ltd AU:SRL	$513.85 Million
AB Sagax (publ) ST:SAGA-A	$513.95 Million
Legacy Housing Corp NASDAQ:LEGH	$513.63 Million
Chongqing Mas Sci&Tech SHE:300275	$513.36 Million
Personalis Inc NASDAQ:PSNL	$513.29 Million
Lumibird SA PA:LBIRD	$513.10 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 2023 to 2024, total equity changed from 793,962,704 to 741,417,234, a change of -52,545,470 (-6.6%).
Net loss of 53,397,196 reduced equity.
Dividend payments of 13,313,799 reduced retained earnings.
Share repurchases of 499,866 reduced equity.
Other comprehensive income decreased equity by 3,593,176.
Other factors increased equity by 18,258,567.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-53.40 Million	-7.2%
Dividends Paid	CN¥13.31 Million	-1.8%
Share Repurchases	CN¥499.87K	-0.07%
Other Comprehensive Income	CN¥-3.59 Million	-0.48%
Other Changes	CN¥18.26 Million	+2.46%
Total Change	CN¥-	-6.62%

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: 4.60x
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 17.97x to 4.60x 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¥2.60	CN¥46.63	x
2014-12-31	CN¥2.88	CN¥46.63	x
2015-12-31	CN¥4.02	CN¥46.63	x
2016-12-31	CN¥2.83	CN¥46.63	x
2017-12-31	CN¥9.41	CN¥46.63	x
2018-12-31	CN¥9.85	CN¥46.63	x
2019-12-31	CN¥10.75	CN¥46.63	x
2020-12-31	CN¥16.58	CN¥46.63	x
2021-12-31	CN¥15.90	CN¥46.63	x
2022-12-31	CN¥12.73	CN¥46.63	x
2023-12-31	CN¥10.80	CN¥46.63	x
2024-12-31	CN¥10.14	CN¥46.63	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): -7.20%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -12.03%
• Asset Turnover: 0.43x
• Equity Multiplier: 1.41x
Recent ROE (-7.20%) is below the historical average (3.05%), 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	13.49%	5.18%	0.59x	4.44x	CN¥4.08 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	10.17%	15.83%	0.52x	1.22x	CN¥1.02 Million
2020	5.99%	18.93%	0.27x	1.16x	CN¥-49.42 Million
2021	-3.29%	-8.17%	0.33x	1.23x	CN¥-156.98 Million
2022	-21.92%	-41.57%	0.41x	1.29x	CN¥-301.58 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

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: $1,192,409,576
Average return on equity (ROE) among peers: -56.01%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
HCR Co Ltd (688500)	CN¥718.89 Million	14.64%	0.38x	$513.78 Million
Digital China Group Co Ltd (000034)	$-806.39 Million	0.00%	0.00x	$4.00 Billion
ZJBC Information Technology Co Ltd (000889)	$338.44 Million	-592.41%	3.36x	$605.58 Million
Yunnan Nantian Electronics Information Co Ltd (000948)	$516.76 Million	0.60%	0.37x	$826.70 Million
Guomai Technologies Inc (002093)	$1.28 Billion	8.47%	0.78x	$1.23 Billion
Shanghai HiTech Control System (002184)	$1.27 Billion	1.14%	0.70x	$601.98 Million
SZZT Electronics Co Ltd (002197)	$2.42 Billion	-9.95%	1.15x	$723.70 Million
Talkweb Information System Co Ltd (002261)	$3.78 Billion	5.60%	0.12x	$6.53 Billion
Westone Information Industry Inc (002268)	$378.26 Million	9.09%	0.20x	$1.94 Billion
Taiji Computer Corp Ltd (002368)	$2.03 Billion	9.66%	1.05x	$1.57 Billion
COSCO SHIPPING Technology Co Ltd (002401)	$715.73 Million	7.66%	0.70x	$771.75 Million

About HCR Co Ltd

SHG:688500 China Information Technology Services

Market Cap

$513.78 Million

CN¥3.51 Billion CNY

Market Cap Rank

#12402 Global

#3854 in China

Share Price

CN¥46.63

Change (1 day)

-1.77%

52-Week Range

CN¥29.90 - CN¥89.30

All Time High

CN¥108.70