My web system retrieve the time value in DateTime type from server and I need to display it with the specific format in label text

> 
> 
> ```
> The time value in DateTime type retrieved from server: 00:05:23.4994656
> Display it to be : 05:23
> 
> If the time value has more than 1 hour
> Time value in DateTime type: 01:05:23.4994656
> Display it to be : 01:05:23
> 
> ```
> 
> 

How can I achieve it in c#?