Company HRnetGroup Limited

Equities

CHZ

SG1DH2000003

Employment Services

Market Closed - Singapore S.E. 04:55:33 2024-07-04 am EDT 5-day change 1st Jan Change
0.69 SGD +0.73% Intraday chart for HRnetGroup Limited +0.73% -3.50%

Business Summary

HRnetGroup Limited is a Singapore-based investment holding company. It is a recruitment and staffing company in Asia. The Company operates in three segments: Professional recruitment, Flexible staffing, and Others. It provides professional recruitment services primarily under its HRnetOne, PeopleSearch, PeopleFirst, and SearchAsia brands and staffing solutions under its RecruitExpress, and RecruitFirst brands. The Company sources, recommends, and hire the contractors on its payroll on a back-to-back basis. It provides recruitment process outsourcing (RPO) services, including workplace analysis and planning, contract negotiation, customized recruitment process and assessment, onboarding and offboarding, recruitment marketing programs, employee liaison and management, interviews, recommendations, and selection. It has approximately 14 brands, 36 Business Units across 17 Asian cities and over 900 consultants. Its subsidiaries include HRnet One Pte Ltd, and Recruit Express Pte Ltd.

Number of employees: 1,032

Sales per Business

SGD in Million2022Weight2023Weight Delta
Flexible Staffing
88.0 %
510 83.4 % 509 88.0 % -0.24%
Professional Recruitment
11.3 %
97 15.9 % 66 11.3 % -32.46%
Others
0.7 %
5 0.8 % 4 0.7 % -12.85%

Sales per region

SGD in Million2022Weight2023Weight Delta
Singapore
66.7 %
397 64.9 % 386 66.7 % -2.79%
North Asia
28.7 %
186 30.4 % 166 28.7 % -10.82%
Rest of Asia
4.6 %
29 4.7 % 27 4.6 % -7.35%

Managers

Managers TitleAgeSince
Director of Finance/CFO 56 02-12-31
Director/Board Member 43 17-05-15
Investor Relations Contact - -
Corporate Officer/Principal - -
Human Resources Officer - 91-12-31
Corporate Secretary 66 18-06-12

Members of the board

Members of the board TitleAgeSince
Director/Board Member 60 22-09-30
Director/Board Member 53 17-05-15
Director/Board Member 67 22-06-30
Director/Board Member 49 22-06-30
Director/Board Member 50 21-12-31
Founder 70 16-09-20
Director/Board Member - 16-09-20
Director/Board Member 43 17-05-15
Director of Finance/CFO 56 02-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,011,407,000 187,813,264 ( 18.57 %) 27,125,000 ( 2.682 %) 18.57 %

Shareholders

NameEquities%Valuation
Simco Global Ltd.
77.44 %
783,268,300 77.44 % 406 M $
30,773,303 3.043 % 16 M $
IFast Financial Pte Ltd. (Investment Management)
0.4979 %
5,035,300 0.4979 % 3 M $
2,334,500 0.2308 % 1 M $
2,174,400 0.2150 % 1 M $
2,100,000 0.2076 % 1 M $
QS Investors LLC
0.1366 %
1,381,795 0.1366 % 715 590 $
Ah Eng Kang
0.0560 %
566,259 0.0560 % 293 249 $
489,600 0.0484 % 253 549 $
Yong Gao
0.009132 %
92,364 0.009132 % 47 833 $

Holdings

NameEquities%Valuation
30,773,303 3.04% 15,936,570 $
25,366,833 17.00% 10,900,128 $

Company contact information

HRnetGroup Ltd.

391A Orchard Road No. 23-06 Ngee Ann City Tower A

238873, Singapore

+65 6730 7860

http://www.hrnetgroup.com
address HRnetGroup Limited(CHZ)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
0.69 SGD
Average target price
0.8225 SGD
Spread / Average Target
+19.20%
Consensus

Annual profits - Rate of surprise

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