Happy City Holdings Limited Class A Ordinary shares
Happy City Holdings Limited, through its subsidiaries, engages in the operation of hotpot restaurants providing food and beverage to customers in Hong Kong. It operates Thai and Japanese hotpot restaurants under the Thai Pot and Gyu! Gyu! Shabu Shabu brand names. The company was incorporated in 2024 and is headquartered in Kwai Chung, Hong Kong. Happy City Holdings Limited is a subsidiary of Happ… Read more
Happy City Holdings Limited Class A Ordinary shares (HCHL) - Net Assets
Latest net assets as of November 2025: $2.21 Million USD
Based on the latest financial reports, Happy City Holdings Limited Class A Ordinary shares (HCHL) has net assets worth $2.21 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.02 Million) and total liabilities ($5.81 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.21 Million |
| % of Total Assets | 27.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Happy City Holdings Limited Class A Ordinary shares - Net Assets Trend (2023–2025)
This chart illustrates how Happy City Holdings Limited Class A Ordinary shares's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Happy City Holdings Limited Class A Ordinary shares (2023–2025)
The table below shows the annual net assets of Happy City Holdings Limited Class A Ordinary shares from 2023 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $2.21 Million | +266.54% |
| 2024-08-31 | $601.97K | +141.15% |
| 2023-08-31 | $-1.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Happy City Holdings Limited Class A Ordinary shares'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 decreased by 110973600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $750.00K | 33.99% |
| Other Comprehensive Income | $20.00K | 0.91% |
| Other Components | $4.01 Million | 181.78% |
| Total Equity | $2.21 Million | 100.00% |
Happy City Holdings Limited Class A Ordinary shares Competitors by Market Cap
The table below lists competitors of Happy City Holdings Limited Class A Ordinary shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MedMira Inc
PINK:MMIRF
|
$9.28 Million |
|
Tractial S.A.
PA:ALTRA
|
$9.28 Million |
|
FiscalNote Holdings Inc.
NYSE:NOTE
|
$9.28 Million |
|
SWISS LIFE HLDG N
MU:SLW
|
$9.29 Million |
|
Codere Online Luxembourg S.A. Warrants
NASDAQ:CDROW
|
$9.27 Million |
|
Comfort Gloves Bhd
KLSE:2127
|
$9.27 Million |
|
Panora Gayrimenkul Yatirim Ortakligi AS
IS:PAGYO
|
$9.27 Million |
|
PT Techno9 Indonesia Tbk
JK:NINE
|
$9.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Happy City Holdings Limited Class A Ordinary shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 601,972 to 2,206,497, a change of 1,604,525 (266.5%).
- Net loss of 2,429,433 reduced equity.
- New share issuances of 5,156,433 increased equity.
- Other comprehensive income increased equity by 22,938.
- Other factors decreased equity by 1,145,413.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.43 Million | -110.1% |
| Share Issuances | $5.16 Million | +233.69% |
| Other Comprehensive Income | $22.94K | +1.04% |
| Other Changes | $-1.15 Million | -51.91% |
| Total Change | $- | 266.54% |
Book Value vs Market Value Analysis
This analysis compares Happy City Holdings Limited Class A Ordinary shares'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: 10.51x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-08-31 | $-0.08 | $1.22 | x |
| 2024-08-31 | $0.03 | $1.22 | x |
| 2025-08-31 | $0.12 | $1.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Happy City Holdings Limited Class A Ordinary shares 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): -110.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -35.73%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 3.63x
- Recent ROE (-110.10%) is below the historical average (36.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 0.00% | -16.08% | 1.67x | 0.00x | $-939.49K |
| 2024 | 219.23% | 15.91% | 1.19x | 11.58x | $1.26 Million |
| 2025 | -110.10% | -35.73% | 0.85x | 3.63x | $-2.65 Million |
Industry Comparison
This section compares Happy City Holdings Limited Class A Ordinary shares's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $1,100,683,888
- Average return on equity (ROE) among peers: -9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Happy City Holdings Limited Class A Ordinary shares (HCHL) | $2.21 Million | 0.00% | 2.63x | $9.27 Million |
| Alsea S.A.B. de C.V (ALSSF) | $9.60 Billion | 31.08% | 7.07x | $902.51 Million |
| Arcos Dorados Holdings Inc (ARCO) | $695.30 Million | 7.75% | 2.14x | $952.86 Million |
| AmRest Holdings SE (ARHOF) | $264.70 Million | -68.76% | 6.99x | $477.90 Million |
| Ark Restaurants Corp (ARKR) | $7.80 Million | -3.85% | 0.72x | $10.36 Million |
| Big Buck Brewery & Steakhouse Inc (BBUCQ) | $5.62 Million | -39.20% | 3.43x | $1.94 |
| Flanigans Enterprises Inc (BDL) | $7.67 Million | 17.79% | 0.46x | $18.25 Million |
| Bagger Dave's Burger Tavern Inc (BDVB) | $2.41 Million | -143.08% | 1.53x | $654.12K |
| BurgerFi International, Inc. (BFICQ) | $78.95 Million | -131.01% | 2.51x | $1.57K |
| Biglari Holdings Inc (BH-A) | $1.80 Million | 233.33% | 36.28x | $310.04 Million |
| BJs Restaurants Inc (BJRI) | $345.51 Million | 1.18% | 2.51x | $663.68 Million |