China Huarong Asset Management Co Ltd
HKEX:2799

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China Huarong Asset Management Co Ltd
HKEX:2799
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Price: 0.64 HKD -1.54% Market Closed
Market Cap: 51.4B HKD
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China Huarong Asset Management Co Ltd
Accounts Payable

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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China Huarong Asset Management Co Ltd
Accounts Payable Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Accounts Payable CAGR 3Y CAGR 5Y CAGR 10Y
China Huarong Asset Management Co Ltd
HKEX:2799
Accounts Payable
ÂĄ89.1m
CAGR 3-Years
-76%
CAGR 5-Years
-59%
CAGR 10-Years
N/A
A
Anxin Trust Co Ltd
SSE:600816
Accounts Payable
ÂĄ114.2m
CAGR 3-Years
-28%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Kunwu Jiuding Investment Holdings Co Ltd
SSE:600053
Accounts Payable
ÂĄ28.1m
CAGR 3-Years
8%
CAGR 5-Years
-1%
CAGR 10-Years
-1%
Shaanxi International Trust Co Ltd
SZSE:000563
Accounts Payable
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
H
Hainan Haide Capital Management Co Ltd
SZSE:000567
Accounts Payable
ÂĄ4.5m
CAGR 3-Years
-64%
CAGR 5-Years
N/A
CAGR 10-Years
15%
Yangzijiang Financial Holding Ltd
SGX:YF8
Accounts Payable
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

China Huarong Asset Management Co Ltd
Glance View

Market Cap
51.4B HKD
Industry
Financial Services

China Huarong Asset Management Co Ltd, established in 1999, is one of China's leading asset management firms, deeply intertwined with the nation's financial landscape. Initially formed to address the non-performing loans (NPLs) stemming from the previous financial crises, Huarong has evolved into a multifaceted investment powerhouse. Managing a broad array of financial assets, including loans, equities, and real estate, the company benefits from a robust government-backed reputation, which provides it with a unique advantage in navigating the complexities of China’s financial market. Huarong's strategic investment decisions are particularly notable in the realm of distressed assets, often capitalizing on opportunities that other investors may overlook, and positioning itself as a crucial player in the rejuvenation of struggling enterprises. In recent years, however, Huarong has faced significant challenges, including financial scrutiny and a restructuring process that began in 2021 amid concerns over its substantial debt levels. This transformation suggests a pivotal moment for the firm, emphasizing a renewed focus on operational efficiency and sustainable growth. For investors, this intricately woven narrative offers both promise and caution: on one side lies the potential for lucrative returns through strategic asset management, while on the other, the risks associated with restructuring and financial stability remain a pressing concern. With a dedicated management team and strong governmental ties, Huarong is working to regain investor confidence and redefine its role in a rapidly changing economic landscape, which could translate into substantial upside if it successfully navigates its current challenges.

Intrinsic Value
6.13 HKD
Undervaluation 90%
Intrinsic Value
Price

See Also

What is China Huarong Asset Management Co Ltd's Accounts Payable?
Accounts Payable
89.1m CNY

Based on the financial report for Jun 30, 2024, China Huarong Asset Management Co Ltd's Accounts Payable amounts to 89.1m CNY.

What is China Huarong Asset Management Co Ltd's Accounts Payable growth rate?
Accounts Payable CAGR 5Y
-59%

Over the last year, the Accounts Payable growth was -85%. The average annual Accounts Payable growth rates for China Huarong Asset Management Co Ltd have been -76% over the past three years , -59% over the past five years .

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