0.68
0.00%
Close of 6 Nov 2026, in SGD
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About HRnetGroup
Its shares trade on SGX under the ticker CHZ.SI. It has been listed since 16 June 2017. In the fiscal year to 31 December 2025, it reported revenue of SGD 584.0m and net income of SGD 51.2m. At that date it held total assets of SGD 503.8m and shareholders' equity of SGD 402.1m.
HRnetGroup Ltd. is an investment holding company, which engages in the provision of personnel recruitment and human resource related services. The company employs 924 full-time employees The company went IPO on 2017-06-16. The firm operates through two segments: flexible staffing and professional recruitment. The company serves a spectrum of industries, including financial institutions, retail and consumer, information technology and telecommunications, manufacturing, insurance and logistics, and functions such as human resources, finance and accounting, and legal and compliance. The company also offers other services, such as payroll processing, human resource (HR) consulting and corporate training. The company provides professional recruitment services primarily under its HRnet One, PeopleSearch, PeopleFirst and SearchAsia brands and flexible staffing solutions primarily under its Recruit Express and RecruitFirst brands. HRnetOne provides solutions in talent acquisition, talent retention to talent management and development. Through its subsidiary, REForce (Shanghai) Human Resources Management Consulting Co., Ltd., it provides management consulting services.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Professional Services
- Listed since
- 16 Jun 2017
- Employees
- 924
- Website
- hrnetgroup.com ↗
Leadership
Pay as last reported
- Mr. Yong Siang SimFounding Executive Chairman of the Board, since 1992
- Ms. Ah Eng KangChief Financial Officer, Executive Director
- Mr. Joo Siang SimExecutive Director; Chief Executive Officer of Recruit Express Group, since 2016
- Ms. Daisy TanChief People Officer
- Ms. Wei Ling SimExecutive Director, Chief Legal Officer
- Ms. Meng Hoon ChuaGroup Business Leader of RecruitFirst, Singapore
- Mr. Yuh Shiuan TayGroup Business Leader, Managing Director of PeopleSearch Group
- Ms. Guat Hua LimCompany Secretary
- Ms. Su-Ling HengNon-Executive Lead Independent Director, since 2025
- Mr. Liong Gee ChooNon-Executive Independent Director
- Mr. Albert George Hector EllisNon-Executive Independent Director
- Mr. Chen Yih PongNon-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- HRnetGroup Ltd has several key strengths that contribute to its success in the industry. Firstly, the company has a strong brand presence and reputation in the human resource and recruitment services sector, which is crucial for attracting clients and candidates. Additionally, HRnetGroup has a vast network and extensive reach across various industries and geographical locations, enabling them to source for top talent efficiently.
- Furthermore, HRnetGroup has a diversification strategy that encompasses both permanent recruitment and flexible staffing solutions. This enables the company to cater to different client needs and provide a wide range of services. Moreover, their innovative technology platforms and systems help streamline recruitment processes and enhance operational efficiency.
- Lastly, HRnetGroup boasts a team of highly skilled and experienced consultants who possess strong industry knowledge and networks. This expertise allows them to offer customized solutions to clients and provide valuable insights into the talent landscape.
Weaknesses
- Despite its strengths, HRnetGroup also faces certain weaknesses that need attention. One weakness is the company's dependence on the overall economic conditions, as it can impact the demand for recruitment services. Additionally, HRnetGroup may face challenges in retaining top consultants due to intense competition in the industry and the lure of starting their own recruitment businesses.
- Another weakness is the potential impact of regulatory changes on HRnetGroup's operations, particularly in relation to labor laws and immigration policies. These changes may require the company to adapt its processes and strategies accordingly.
Opportunities
- HRnetGroup can capitalize on several opportunities in the market to further expand its business. Firstly, the growing demand for specialized talent in emerging industries, such as technology and healthcare, presents an opportunity for HRnetGroup to provide niche recruitment services. Additionally, the increasing focus on diversity and inclusion in the workplace provides a chance for the company to offer tailored solutions to clients aiming to build diverse teams.
- Furthermore, HRnetGroup can leverage technology advancements, such as artificial intelligence and data analytics, to enhance their recruitment processes and provide more accurate candidate matches. This can improve client satisfaction and give HRnetGroup a competitive advantage.
Threats
- HRnetGroup faces several threats in the external environment that may hinder its growth and profitability. One major threat is the emergence of new competitors, including online job portals and freelance platforms, disrupting the traditional recruitment industry. These competitors often offer lower-cost alternatives and present challenges to HRnetGroup's market share.
- Another threat is the impact of economic downturns and recessions, which can lead to reduced hiring activities and lower demand for HRnetGroup's services. Moreover, changing labor market dynamics and employment trends, such as increased gig economy and remote work, may require HRnetGroup to adapt its business model and offerings to remain relevant.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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