HCR Co Ltd (688500) - Net Assets
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. Also explore how large is HCR Co Ltd's balance sheet for the complete picture of this company's asset 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. Check HCR Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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 688500 market cap.
| 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 |
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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 |
|---|---|
|
Leaguer Shenzhen MicroElectronics Corp
SHG:688589
|
$379.17 Million |
|
Beijing InHand Networks Technology Co Ltd
SHG:688080
|
$379.18 Million |
|
TAIDOC TECHNOLOGY CORP
TW:4736
|
$379.24 Million |
|
Wuhan Nusun Landscape Co Ltd
SHE:300536
|
$379.39 Million |
|
GFPT Public Company Limited
BK:GFPT
|
$379.08 Million |
|
Hangzhou Guotai Environmental Protection Technology Co. Ltd. A
SHE:301203
|
$379.06 Million |
|
Shanghai Yahong Moulding Co Ltd
SHG:603159
|
$379.00 Million |
|
Channel Well Technology Co Ltd
TWO:3078
|
$378.98 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: 3.45x
- 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 13.31x to 3.45x 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¥34.10 | x |
| 2014-12-31 | CN¥2.88 | CN¥34.10 | x |
| 2015-12-31 | CN¥4.02 | CN¥34.10 | x |
| 2016-12-31 | CN¥2.82 | CN¥34.10 | x |
| 2017-12-31 | CN¥9.43 | CN¥34.10 | x |
| 2018-12-31 | CN¥9.84 | CN¥34.10 | x |
| 2019-12-31 | CN¥10.72 | CN¥34.10 | x |
| 2020-12-31 | CN¥18.97 | CN¥34.10 | x |
| 2021-12-31 | CN¥15.88 | CN¥34.10 | x |
| 2022-12-31 | CN¥12.73 | CN¥34.10 | x |
| 2023-12-31 | CN¥10.80 | CN¥34.10 | x |
| 2024-12-31 | CN¥10.14 | CN¥34.10 | x |
| 2025-12-31 | CN¥9.88 | CN¥34.10 | 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: $1,561,103,325
- Average return on equity (ROE) among peers: 5.95%
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 | $379.14 Million |
| Digital China Group Co Ltd (000034) | $367.97 Million | -26.13% | 3.12x | $2.64 Billion |
| ZJBC Information Technology Co Ltd (000889) | $693.06 Million | 0.48% | 1.51x | $537.07 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $1.31 Billion | 7.21% | 0.67x | $869.49 Million |
| Guomai Technologies Inc (002093) | $3.47 Billion | 2.82% | 0.21x | $1.05 Billion |
| Shanghai HiTech Control System (002184) | $196.13 Million | 24.13% | 0.93x | $509.29 Million |
| SZZT Electronics Co Ltd (002197) | $401.27 Million | 16.41% | 0.60x | $649.08 Million |
| Talkweb Information System Co Ltd (002261) | $747.41 Million | 14.82% | 0.12x | $5.05 Billion |
| Westone Information Industry Inc (002268) | $5.66 Billion | 1.02% | 0.31x | $1.83 Billion |
| Taiji Computer Corp Ltd (002368) | $1.88 Billion | 9.40% | 1.05x | $1.36 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $887.57 Million | 9.37% | 1.44x | $679.29 Million |
About HCR Co Ltd
HCR Co., Ltd. provides data intelligence solutions in China. The company offers digital products and services based on data analytics. It serves enterprises and government agencies. HCR Co., Ltd. was founded in 2008 and is headquartered in Beijing, China.