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 1.59%
Market Cap: 51.4B HKD
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China Huarong Asset Management Co Ltd
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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China Huarong Asset Management Co Ltd
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
China Huarong Asset Management Co Ltd
HKEX:2799
Net Income (Common)
ÂĄ11.3B
CAGR 3-Years
N/A
CAGR 5-Years
27%
CAGR 10-Years
N/A
A
Anxin Trust Co Ltd
SSE:600816
Net Income (Common)
ÂĄ49.6m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-26%
Kunwu Jiuding Investment Holdings Co Ltd
SSE:600053
Net Income (Common)
ÂĄ3.7m
CAGR 3-Years
-44%
CAGR 5-Years
-59%
CAGR 10-Years
-23%
Shaanxi International Trust Co Ltd
SZSE:000563
Net Income (Common)
ÂĄ1.2B
CAGR 3-Years
17%
CAGR 5-Years
17%
CAGR 10-Years
14%
H
Hainan Haide Capital Management Co Ltd
SZSE:000567
Net Income (Common)
ÂĄ628.2m
CAGR 3-Years
37%
CAGR 5-Years
26%
CAGR 10-Years
52%
Yangzijiang Financial Holding Ltd
SGX:YF8
Net Income (Common)
S$201.8m
CAGR 3-Years
-14%
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. 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 89%
Intrinsic Value
Price

See Also

What is China Huarong Asset Management Co Ltd's Net Income (Common)?
Net Income (Common)
11.3B CNY

Based on the financial report for Jun 30, 2024, China Huarong Asset Management Co Ltd's Net Income (Common) amounts to 11.3B CNY.

What is China Huarong Asset Management Co Ltd's Net Income (Common) growth rate?
Net Income (Common) CAGR 5Y
27%

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