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: 0.63 HKD Market Closed
Market Cap: 50.6B HKD
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China Huarong Asset Management Co Ltd
Total Current Assets

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
Total Current Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Current Assets CAGR 3Y CAGR 5Y CAGR 10Y
China Huarong Asset Management Co Ltd
HKEX:2799
Total Current Assets
ÂĄ50B
CAGR 3-Years
-19%
CAGR 5-Years
-11%
CAGR 10-Years
N/A
A
Anxin Trust Co Ltd
SSE:600816
Total Current Assets
ÂĄ11.2B
CAGR 3-Years
14%
CAGR 5-Years
-4%
CAGR 10-Years
52%
Kunwu Jiuding Investment Holdings Co Ltd
SSE:600053
Total Current Assets
ÂĄ2.2B
CAGR 3-Years
4%
CAGR 5-Years
-6%
CAGR 10-Years
-1%
Shaanxi International Trust Co Ltd
SZSE:000563
Total Current Assets
ÂĄ2.4B
CAGR 3-Years
71%
CAGR 5-Years
37%
CAGR 10-Years
18%
H
Hainan Haide Capital Management Co Ltd
SZSE:000567
Total Current Assets
ÂĄ4.2B
CAGR 3-Years
6%
CAGR 5-Years
1%
CAGR 10-Years
36%
Yangzijiang Financial Holding Ltd
SGX:YF8
Total Current Assets
S$2.7B
CAGR 3-Years
-6%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

China Huarong Asset Management Co Ltd
Glance View

Market Cap
50.6B HKD
Industry
Financial Services

China Huarong Asset Management Co., Ltd. has carved its niche in the financial sector as one of the leading Chinese distressed debt managers. Established in the wake of the Asian financial crisis in the late 1990s, its creation was a strategic move by the Chinese government to stabilize and reform the banking sector by offloading non-performing loans (NPLs) from beleaguered state-owned banks. Over time, China Huarong’s operations have expanded beyond its foundational task of managing NPLs, evolving into an intricate web of financial services. The firm's business model primarily revolves around purchasing distressed assets at a discount, restructuring them, and subsequently selling them at a profit. This core activity is supplemented by its forays into sectors such as financial leasing, investment, and securities, all of which fortify its income streams. Yet, navigating the complex landscape of distressed assets is not without its challenges. The path has not been smooth, and Huarong has confronted its share of hurdles, particularly as it has sought to diversify its business model. The firm's aggressive expansion into other financial territories, while potentially lucrative, also exposed it to heightened financial risks and governance issues. The market turbulence and regulatory scrutiny in recent years have tested its resilience, forcing it to recalibrate and refocus on its core strengths in asset management. Despite the pressures, China Huarong continues to play a critical role in China's financial ecosystem, endeavoring to balance growth with stability as it maneuvers through the intricate and evolving financial terrain.

Intrinsic Value
6.06 HKD
Undervaluation 90%
Intrinsic Value
Price

See Also

What is China Huarong Asset Management Co Ltd's Total Current Assets?
Total Current Assets
50B CNY

Based on the financial report for Jun 30, 2024, China Huarong Asset Management Co Ltd's Total Current Assets amounts to 50B CNY.

What is China Huarong Asset Management Co Ltd's Total Current Assets growth rate?
Total Current Assets CAGR 5Y
-11%

Over the last year, the Total Current Assets growth was 0%. The average annual Total Current Assets growth rates for China Huarong Asset Management Co Ltd have been -19% over the past three years , -11% over the past five years .

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