HWH International Inc (HWH) - Net Assets
Based on the latest financial reports, HWH International Inc (HWH) has net assets worth $2.80 Million USD as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.51 Million) and total liabilities ($1.71 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. Check HWH capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.80 Million |
| % of Total Assets | 62.05% |
| Annual Growth Rate | 35.11% |
| 5-Year Change | 67.83% |
| 10-Year Change | N/A |
| Growth Volatility | 920.7 |
HWH International Inc - Net Assets Trend (2020–2025)
This chart illustrates how HWH International Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of HWH International Inc.
Annual Net Assets for HWH International Inc (2020–2025)
The table below shows the annual net assets of HWH International Inc from 2020 to 2025. Also explore net asset growth rate of HWH International Inc to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | $2.68 Million | -6.69% |
| 2024-11-30 | $2.88 Million | -83.56% |
| 2023-11-30 | $17.50 Million | +2297.26% |
| 2022-11-30 | $730.15K | -54.36% |
| 2021-11-30 | $1.60 Million | +168.20% |
| 2020-11-30 | $596.44K | -- |
Equity Component Analysis
This analysis shows how different components contribute to HWH International Inc'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 1669.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $747.00 | 0.03% |
| Other Comprehensive Income | $-904.61K | -34.54% |
| Other Components | $12.47 Million | 476.17% |
| Total Equity | $2.62 Million | 100.00% |
HWH International Inc Competitors by Market Cap
The table below lists competitors of HWH International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Phapros Tbk PT
JK:PEHA
|
$14.37 Million |
|
Lifecare AS
OL:LIFE
|
$14.37 Million |
|
Peruvian Metals Corp
V:PER
|
$14.37 Million |
|
Sahathai Terminal Public Company Limited
BK:PORT
|
$14.38 Million |
|
Talex S.A.
WAR:TLX
|
$14.37 Million |
|
Ihlas Ev Aletleri Imalat Sanayi ve Ticaret AS
IS:IHEVA
|
$14.37 Million |
|
Donegal Investment Group PLC
IR:DQ7A
|
$14.36 Million |
|
Anugerah Kagum Karya Utama Tbk PT
JK:AKKU
|
$14.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HWH International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,765,364 to 2,618,881, a change of -146,483 (-5.3%).
- Net loss of 2,630,620 reduced equity.
- New share issuances of 1,409,983 increased equity.
- Other comprehensive income decreased equity by 487,748.
- Other factors increased equity by 1,561,902.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.63 Million | -100.45% |
| Share Issuances | $1.41 Million | +53.84% |
| Other Comprehensive Income | $-487.75K | -18.62% |
| Other Changes | $1.56 Million | +59.64% |
| Total Change | $- | -5.30% |
Book Value vs Market Value Analysis
This analysis compares HWH International Inc'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: 5.39x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 35.38x to 5.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-11-30 | $0.06 | $2.15 | x |
| 2021-11-30 | $0.16 | $2.15 | x |
| 2022-11-30 | $0.08 | $2.15 | x |
| 2023-11-30 | $5.39 | $2.15 | x |
| 2024-11-30 | $0.17 | $2.15 | x |
| 2025-11-30 | $0.40 | $2.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HWH International Inc 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): -100.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -303.44%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.74x
- Recent ROE (-100.45%) is below the historical average (-22.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 105.98% | 20.09% | 0.67x | 7.86x | $572.46K |
| 2021 | 82.85% | 26.98% | 1.25x | 2.46x | $1.17 Million |
| 2022 | -121.63% | -74.32% | 0.32x | 5.04x | $-967.46K |
| 2023 | -6.18% | -130.10% | 0.04x | 1.36x | $-2.83 Million |
| 2024 | -93.68% | -206.67% | 0.20x | 2.32x | $-2.87 Million |
| 2025 | -100.45% | -303.44% | 0.19x | 1.74x | $-2.89 Million |
Industry Comparison
This section compares HWH International Inc's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $293,361,800
- Average return on equity (ROE) among peers: -140.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HWH International Inc (HWH) | $2.80 Million | 105.98% | 0.61x | $14.37 Million |
| Arcos Dorados Holdings Inc (ARCO) | $549.20 Million | 19.30% | 2.25x | $998.27 Million |
| Ark Restaurants Corp (ARKR) | $21.45 Million | 19.72% | 1.24x | $16.84 Million |
| Flanigans Enterprises Inc (BDL) | $1.90 Million | 31.58% | 2.11x | $56.74 Million |
| BurgerFi International, Inc. (BFICQ) | $173.28 Million | -70.12% | 0.83x | $2.74K |
| Biglari Holdings Inc (BH) | $531.94 Million | 18.70% | 1.06x | $735.20 Million |
| Biglari Holdings Inc (BH-A) | $531.94 Million | 18.70% | 1.06x | $368.66 Million |
| BJs Restaurants Inc (BJRI) | $365.76 Million | 5.38% | 2.34x | $1.09 Billion |
| Bloomin Brands Inc (BLMN) | $10.96 Million | -1448.53% | 305.85x | $689.25 Million |
| Black Rock Coffee Bar, Inc. Class A Common Stock (BRCB) | $-16.66 Million | 0.00% | 0.00x | $149.07 Million |
| Dutch Bros Inc (BROS) | $763.87 Million | 4.62% | 2.27x | $5.51 Billion |
About HWH International Inc
HWH International Inc. engages in the food and beverage business in Singapore and South Korea. The company provides Hapi Café, a health-focused dining destination offering a various nutritious meal, including Keto and plant-based options; Hapi Marketplace, a business-to-consumer platform featuring diverse product categories; and Hapi Wealth Builder, an educational program focused on wealth-buildi… Read more