HWH International Inc (HWH) - Net Assets
Based on the latest financial reports, HWH International Inc (HWH) has net assets worth $2.68 Million USD as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.57 Million) and total liabilities ($1.88 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 tangible net worth ratio of HWH International Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.68 Million |
| % of Total Assets | 58.77% |
| Annual Growth Rate | 35.11% |
| 5-Year Change | 67.83% |
| 10-Year Change | N/A |
| Growth Volatility | 1029.42 |
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. See HWH defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see HWH International Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | $2.68 Million | -6.69% |
| 2024-11-30 | $2.88 Million | -84.10% |
| 2023-11-30 | $18.10 Million | +2569.09% |
| 2022-11-30 | $678.11K | -57.61% |
| 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 |
|---|---|
|
Schroders Investment Trusts - Schroder Asian Total Return Investment Company plc
LSE:ATR
|
$7.93 Million |
|
Obm Drilchem PT
JK:OBMD
|
$7.93 Million |
|
Finexia Financial Group Ltd
AU:FNX
|
$7.94 Million |
|
Dfcity Group Bhd
KLSE:5165
|
$7.95 Million |
|
GCP Infrastructure Investments Limited
LSE:GCP
|
$7.92 Million |
|
paragon GmbH & Co. KGaA
F:PGN
|
$7.91 Million |
|
Evergold Corp
V:EVER
|
$7.91 Million |
|
GlobalData PLC
LSE:DATA
|
$7.90 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: 4.23x
- 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 27.81x to 4.23x 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 | $1.69 | x |
| 2021-11-30 | $0.16 | $1.69 | x |
| 2022-11-30 | $0.07 | $1.69 | x |
| 2023-11-30 | $1.57 | $1.69 | x |
| 2024-11-30 | $0.17 | $1.69 | x |
| 2025-11-30 | $0.40 | $1.69 | 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 (2.43%), 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 | 16.86% | 9.44% | 0.34x | 5.27x | $46.21K |
| 2023 | 3.03% | 66.09% | 0.04x | 1.21x | $-1.26 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 Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $10,365,513
- Average return on equity (ROE) among peers: 19.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HWH International Inc (HWH) | $2.68 Million | 105.98% | 0.70x | $7.92 Million |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $1.07 Million | -17.18% | 3.87x | $66.64 Million |
| American Outdoor Brands Inc (AOUT) | $177.93 Million | -6.88% | 0.35x | $123.44 Million |
| Amer Sports, Inc. (AS) | $-152.90 Million | 0.00% | 0.00x | $20.07 Billion |
| Callaway Golf Company (CALY) | $291.53 Million | 5.49% | 1.14x | $2.98 Billion |
| Clarus Corp (CLAR) | $86.82 Million | -4.99% | 0.03x | $110.33 Million |
| Dogness International Corp Class A (DOGZ) | $1.83 Million | 209.51% | 7.05x | $6.15 Million |
| Escalade Incorporated (ESCA) | $18.90 Million | 9.52% | 2.20x | $250.29 Million |
| Funko Inc (FNKO) | $293.25 Million | 2.54% | 1.27x | $284.22 Million |
| Six Flags Entertainment Corporation (FUN) | $-698.49 Million | 0.00% | 0.00x | $2.29 Billion |
| Golden Heaven Group Holdings Ltd. Ordinary Shares (GDHG) | $83.72 Million | -2.15% | 0.18x | $41.27 Million |
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