Happen, Inc. Common Stock (HAPN) - Net Assets
Based on the latest financial reports, Happen, Inc. Common Stock (HAPN) has net assets worth $1.57 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.55 Billion) and total liabilities ($10.98 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Happen, Inc. Common Stock strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.57 Billion |
| % of Total Assets | 12.49% |
| Annual Growth Rate | 8.82% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.12 |
Happen, Inc. Common Stock - Net Assets Trend (2022–2025)
This chart illustrates how Happen, Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see HAPN market cap.
Annual Net Assets for Happen, Inc. Common Stock (2022–2025)
The table below shows the annual net assets of Happen, Inc. Common Stock from 2022 to 2025. Also explore net asset momentum of Happen, Inc. Common Stock to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.50 Billion | +11.83% |
| 2024-12-31 | $1.34 Billion | +7.18% |
| 2023-12-31 | $1.25 Billion | +7.52% |
| 2022-12-31 | $1.16 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Happen, Inc. Common Stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 22594600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.15 Million | 0.08% |
| Other Comprehensive Income | $-18.16 Million | -1.21% |
| Other Components | $1.72 Billion | 114.58% |
| Total Equity | $1.50 Billion | 100.00% |
Happen, Inc. Common Stock Competitors by Market Cap
The table below lists competitors of Happen, Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alony Hetz Properties and Investments Ltd
TA:ALHE
|
$1.88 Billion |
|
Argan SA
PA:ARG
|
$1.88 Billion |
|
Lianhe Chemical Technology Co Ltd
SHE:002250
|
$1.88 Billion |
|
Novocure Ltd
NASDAQ:NVCR
|
$1.88 Billion |
|
Genesis Energy LP
NYSE:GEL
|
$1.88 Billion |
|
Wuxi Rural Commercial Bank Co Ltd
SHG:600908
|
$1.88 Billion |
|
Tekfen Holding AS
IS:TKFEN
|
$1.87 Billion |
|
Louis HachEtte Group SA
PA:ALHG
|
$1.87 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Happen, Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,341,731,000 to 1,500,428,000, a change of 158,697,000 (11.8%).
- Net income of 135,677,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 6,083,000.
- Other factors increased equity by 16,937,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $135.68 Million | +9.04% |
| Other Comprehensive Income | $6.08 Million | +0.41% |
| Other Changes | $16.94 Million | +1.13% |
| Total Change | $- | 11.83% |
Book Value vs Market Value Analysis
This analysis compares Happen, Inc. Common Stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.45x to 1.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $11.19 | $16.26 | x |
| 2023-12-31 | $11.54 | $16.26 | x |
| 2024-12-31 | $11.86 | $16.26 | x |
| 2025-12-31 | $12.62 | $16.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Happen, Inc. Common Stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.04%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.17%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 7.71x
- Recent ROE (9.04%) is below the historical average (10.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 24.88% | 22.81% | 0.16x | 6.85x | $173.26 Million |
| 2023 | 3.11% | 3.43% | 0.13x | 7.05x | $-86.24 Million |
| 2024 | 3.83% | 4.42% | 0.11x | 7.92x | $-82.84 Million |
| 2025 | 9.04% | 10.17% | 0.12x | 7.71x | $-14.37 Million |
Industry Comparison
This section compares Happen, Inc. Common Stock's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $574,041,500
- Average return on equity (ROE) among peers: 7.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Happen, Inc. Common Stock (HAPN) | $1.57 Billion | 24.88% | 7.01x | $1.88 Billion |
| Ameris Bancorp (ABCB) | $141.98 Million | 7.29% | 7.40x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $804.48 Million | 9.14% | 8.77x | $5.62 Billion |
| ACNB Corporation (ACNB) | $61.12 Million | 12.64% | 7.91x | $656.47 Million |
| Affinity Bancshares Inc (AFBI) | $45.08 Million | 2.57% | 4.16x | $140.18 Million |
| Alerus Financial Corp (ALRS) | $182.82 Million | 9.36% | 8.54x | $822.80 Million |
| Amalgamated Bank (AMAL) | $439.37 Million | 10.16% | 9.66x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $747.42 Million | 6.13% | 9.87x | $979.96 Million |
| Arrow Financial Corporation (AROW) | $334.39 Million | 12.21% | 10.03x | $708.35 Million |
| Associated Banc-Corp (ASB) | $2.88 Billion | 5.86% | 7.41x | $5.62 Billion |
| AmeriServ Financial Inc (ASRV) | $107.25 Million | 3.36% | 12.26x | $78.95 Million |
About Happen, Inc. Common Stock
Happen, Inc. operates as a bank holding company that provides financial and lending services in the United States. The company offers deposit products, including savings accounts, checking accounts, money market accounts, and certificates of deposit; consumer loan products, such as unsecured loans, fixed-rate and fixed-term consumer loans, major purchase finance, and auto refinance; personal loan… Read more