tiprankstipranks
Trending News
More News >
HRnetGroup Ltd. (SG:CHZ)
SGX:CHZ
Singapore Market

HRnetGroup Ltd. (CHZ) AI Stock Analysis

Compare
4 Followers

Top Page

SG

HRnetGroup Ltd.

(SGX:CHZ)

Rating:74Outperform
Price Target:
S$1.00
▲(47.06%Upside)
HRnetGroup Ltd. scores well due to its strong financial stability and attractive dividend yield. The neutral technical indicators and absence of earnings call data or corporate events limit the score. The main strength is its solid balance sheet, while the main risk is the declining revenue and cash flow.

HRnetGroup Ltd. (CHZ) vs. iShares MSCI Singapore ETF (EWS)

HRnetGroup Ltd. Business Overview & Revenue Model

Company DescriptionHRnetGroup Ltd. is a leading recruitment and staffing agency based in Singapore, operating primarily in the Asia-Pacific region. The company specializes in providing comprehensive human resource solutions, including professional recruitment, flexible staffing, and consulting services across various industries such as finance, technology, healthcare, and consumer services.
How the Company Makes MoneyHRnetGroup Ltd. generates revenue primarily through its recruitment and staffing services. The company earns fees by successfully placing candidates into permanent roles, which typically involves charging a percentage of the candidate's annual salary as a placement fee. Additionally, it derives income from flexible staffing services, where it provides temporary workforce solutions to organizations and charges for the services based on the duration and nature of the staffing agreement. HRnetGroup also offers human resource consulting services, providing strategic advice to businesses on talent management and HR practices, which contributes to its revenue streams. The company's earnings are further supported by its strong regional presence and partnerships with a wide range of multinational corporations and local businesses across the Asia-Pacific region.

HRnetGroup Ltd. Financial Statement Overview

Summary
HRnetGroup Ltd. has a strong financial foundation with stable profit margins and low leverage. The balance sheet is robust with minimal financial risk, but challenges are seen in revenue and cash flow declines, indicating potential growth issues.
Income Statement
65
Positive
HRnetGroup Ltd. experienced a decline in total revenue from 2023 to 2024, indicating potential challenges in growth, with a revenue decrease of approximately 1.99% annually. However, the company maintains stable gross and net profit margins, with 21.56% and 7.85% respectively in 2024, showing consistent profitability. EBIT and EBITDA margins are also strong, at 7.73% and 11.36% respectively, which indicates efficient operational management despite the revenue decline.
Balance Sheet
75
Positive
The balance sheet of HRnetGroup Ltd. is robust with a low debt-to-equity ratio of 0.036, indicating minimal leverage and financial risk. The company has a high equity ratio of 78.55%, reflecting strong financial stability and asset management. Return on Equity (ROE) stands at 11.75%, showing decent returns to shareholders. Overall, the balance sheet presents a solid financial position, with sufficient equity cushion to absorb potential risks.
Cash Flow
70
Positive
The company shows a decrease in operating cash flow from 2023 to 2024. Free cash flow remains positive but has decreased, with a free cash flow to net income ratio of 1.11 in 2024, indicating that the company generates adequate cash relative to its earnings. The operating cash flow to net income ratio of 1.16 suggests efficient cash management despite the decline in cash flow.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue567.00M578.47M611.77M590.54M433.04M
Gross Profit122.21M138.97M174.15M174.90M129.35M
EBITDA64.43M86.39M95.76M94.37M69.20M
Net Income44.52M63.56M67.53M65.49M46.87M
Balance Sheet
Total Assets482.28M479.94M483.99M530.31M452.38M
Cash, Cash Equivalents and Short-Term Investments327.14M333.37M329.17M350.32M337.36M
Total Debt13.71M10.54M9.86M12.85M8.54M
Total Liabilities88.10M87.00M105.76M142.45M105.23M
Stockholders Equity378.84M376.61M361.82M370.24M331.67M
Cash Flow
Free Cash Flow49.43M55.40M73.70M51.30M103.23M
Operating Cash Flow51.60M57.59M75.24M52.68M104.46M
Investing Cash Flow-12.76M-17.66M-29.53M-24.57M334.00K
Financing Cash Flow-51.47M-51.38M-83.23M-34.85M-40.90M

HRnetGroup Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.68
Price Trends
50DMA
0.68
Positive
100DMA
0.67
Positive
200DMA
0.67
Positive
Market Momentum
MACD
<0.01
Negative
RSI
54.49
Neutral
STOCH
75.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:CHZ, the sentiment is Positive. The current price of 0.68 is above the 20-day moving average (MA) of 0.67, above the 50-day MA of 0.68, and above the 200-day MA of 0.67, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.49 is Neutral, neither overbought nor oversold. The STOCH value of 75.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:CHZ.

HRnetGroup Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
SGMR7
75
Outperform
S$135.71M7.9914.17%5.13%-1.41%9.50%
SGCHZ
74
Outperform
S$682.12M14.9811.79%8.02%-1.98%-29.50%
58
Neutral
$1.33B4.20-2.93%7.45%3.67%-51.13%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SG:CHZ
HRnetGroup Ltd.
0.68
0.03
4.62%
SG:MR7
Nordic Group Limited
0.34
0.06
21.43%

HRnetGroup Ltd. Corporate Events

HRnetGroup’s RecruitFirst Secures Contract Extension with Singapore’s Ministry of Education
Jul 3, 2025

HRnetGroup Ltd.’s subsidiary, RecruitFirst, has secured an extension of its contract with Singapore’s Ministry of Education for the FLAiR Programme, extending the partnership until December 2026. This extension underscores the trust and quality of service provided by RecruitFirst, enhancing its position in the staffing industry and reinforcing its long-term relationship with a key government client.

The most recent analyst rating on (SG:CHZ) stock is a Buy with a S$0.82 price target. To see the full list of analyst forecasts on HRnetGroup Ltd. stock, see the SG:CHZ Stock Forecast page.

HRnetGroup Welcomes New Co-Owner to Strengthen Greater Bay Area Presence
Jun 17, 2025

HRnetGroup Ltd. has announced the appointment of Agnes Chen as a Co-Owner of HRnet One (Shenzhen) Limited, enhancing its executive search capabilities in the Greater Bay Area. Agnes, who has been with the company since 2016, brings extensive experience and leadership in commercial real estate, funds and investments, digital, and IT sectors, which is expected to strengthen HRnetGroup’s market position and client trust.

The most recent analyst rating on (SG:CHZ) stock is a Buy with a S$0.82 price target. To see the full list of analyst forecasts on HRnetGroup Ltd. stock, see the SG:CHZ Stock Forecast page.

HRnetGroup Expands with New Co-Owner in CREW
Jun 2, 2025

HRnetGroup Limited has announced the addition of Deborah Ho as a Co-Owner of its brand CREW, which specializes in mass manpower supply and business process outsourcing services. This strategic move aims to expand CREW’s reach beyond Singapore, utilizing HRnetGroup’s existing network to provide workforce solutions across the region. Deborah Ho, with her extensive experience in recruitment and human capital management, is expected to enhance CREW’s operations and foster sustainable team-building practices.

The most recent analyst rating on (SG:CHZ) stock is a Buy with a S$0.82 price target. To see the full list of analyst forecasts on HRnetGroup Ltd. stock, see the SG:CHZ Stock Forecast page.

HRnetGroup Expands with Launch of EOR Service ‘doudou’
May 15, 2025

HRnetGroup Ltd. has launched a new subsidiary, Doer Pte Ltd, branded as doudou, to provide Employer of Record (EOR) services, enabling businesses to employ across borders without setting up local entities. The initiative, led by industry veteran Chen Ping, aims to leverage HRnetGroup’s expertise to support businesses in navigating employment complexities, thereby allowing them to focus on core operations. While the immediate financial impact may be minimal, the company views this as a strategic long-term investment to enhance its market reach and foster reciprocal growth within its ecosystem.

The most recent analyst rating on (SG:CHZ) stock is a Buy with a S$0.82 price target. To see the full list of analyst forecasts on HRnetGroup Ltd. stock, see the SG:CHZ Stock Forecast page.

HRnetGroup Ltd. Discusses Strategic Outlook at Annual General Meeting
May 9, 2025

HRnetGroup Ltd. held its Annual General Meeting on April 25, 2025, where key company figures presented the unique features, financial highlights, and future outlook of the company. The meeting emphasized the company’s strategic positioning and operational insights, providing stakeholders with an overview of its current and future business trajectory.

HRnetGroup Ltd. Announces Board and Committee Restructuring
Apr 30, 2025

HRnetGroup Ltd. has announced changes in its Board of Directors and Board Committees following the resignation of Mr. Gao Yong and the appointment of Mr. Esmond Choo Liong Gee as an Independent Non-Executive Director. These changes reflect the company’s ongoing efforts to enhance its governance structure, which may impact its strategic direction and stakeholder relations.

HRnetGroup Acquires Major Stake in Staffline Group
Apr 17, 2025

HRnetGroup Ltd. has announced its major holding of 20% voting rights in Staffline Group PLC, as per the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. This investment aligns with HRnetGroup’s strategy to expand into new markets within the human resources sector, though it does not have a significant financial impact on the company.

HRnetGroup’s PeopleSearch K.K. Wins 2024 Platinum Recruitment Award
Apr 15, 2025

HRnetGroup Ltd.’s subsidiary, PeopleSearch K.K., has been awarded the 2024 Platinum Award for Recruitment by the Japan Region Research Center – Huawei Technologies Japan K.K. This accolade highlights the company’s excellence in recruiting expert-level candidates for Japan’s global high-tech R&D sectors, marking the fifth consecutive year of receiving this award, which underscores its significant role in driving innovation and enhancing Japan’s global competitiveness.

HRnetGroup Acquires Significant Stake in Staffline Group
Apr 10, 2025

HRnetGroup Ltd. has announced its major holding of 19.04% voting rights in Staffline Group PLC, in compliance with the UK’s Disclosure Guidance and Transparency Rules. This investment aligns with HRnetGroup’s strategy to explore new markets in the human resources sector, although it does not have a significant financial impact on the company.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 27, 2025