Real-time embedded systems have increased in complexity. As microprocessors become more powerful, the software complexity of real-time embedded systems has increased steadily. The requirements for increased functionality and adaptability make the development of real-time embedded software complex and error-prone. Component-based design has been widely accepted as a compositional approach to facilitate the design of complex systems. It provides a means for decomposing a complex system into simpler subsystems and composing the subsystems in a hierarchical manner. A system composed of real-time subsystems with hierarchy is called a hierarchical real-time system This paper describes a process algebraic approach to schedulability analysis of hierarchical real-time systems. To facilitate modeling and analyzing hierarchical real-time systems, we conservatively extend an existing process algebraic theory based on ACSR-VP (Algebra of Communicating Shared Resources with Value-Passing) for the schedulability of real-time systems. We explain a method to model a resource model in ACSR-VP which may be partitioned for a subsystem. We also introduce schedulability relation to define the schedulability of hierarchical real-time systems and show that satisfaction checking of the relation is reducible to deadlock checking in ACSR-VP and can be done automatically by the tool support of ERSA (Verification, Execution and Rewrite System for ACSR). With the schedulability relation, we present algorithms for abstracting real-time system workloads.