Hapbee Technologies Inc
Hapbee Technologies, Inc., a digital wellness company, develops, markets, and sells consumer digital products that delivers ultra-low radio frequency energy signals to produce mood-altering effects. The company's products include Hapbee Neckband for daytime use while working, studying, or relaxing; and Hapbee Smart Sleep Pad for sleep and recovery use designed to produce sensations, such as happy… Read more
Hapbee Technologies Inc (HAPBF) - Net Assets
Latest net assets as of September 2025: $-827.22K USD
Based on the latest financial reports, Hapbee Technologies Inc (HAPBF) has net assets worth $-827.22K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.03 Million) and total liabilities ($3.86 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 | $-827.22K |
| % of Total Assets | -27.32% |
| Annual Growth Rate | N/A |
| 5-Year Change | -403.66% |
| 10-Year Change | N/A |
| Growth Volatility | 4814.83 |
Hapbee Technologies Inc - Net Assets Trend (2019–2024)
This chart illustrates how Hapbee Technologies Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hapbee Technologies Inc (2019–2024)
The table below shows the annual net assets of Hapbee Technologies Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-4.12 Million | -86.30% |
| 2023-12-31 | $-2.21 Million | -11147.20% |
| 2022-12-31 | $20.02K | -98.76% |
| 2021-12-31 | $1.61 Million | +18.51% |
| 2020-12-31 | $1.36 Million | -4.60% |
| 2019-12-31 | $1.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hapbee Technologies 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 3018873112.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $19.60 Million | % |
| Other Comprehensive Income | $6.70 Million | % |
| Total Equity | $-4.12 Million | 100.00% |
Hapbee Technologies Inc Competitors by Market Cap
The table below lists competitors of Hapbee Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Magna Prima Bhd
KLSE:7617
|
$6.71 Million |
|
Celyad Oncology SA
PINK:CLYYF
|
$6.71 Million |
|
Artius II Acquisition Inc. Rights
NASDAQ:AACBR
|
$6.71 Million |
|
CHERRY SE O.N.
F:C3RY
|
$6.72 Million |
|
Muda Holdings Bhd
KLSE:3883
|
$6.71 Million |
|
ESSA Pharma Inc
NASDAQ:EPIX
|
$6.71 Million |
|
Karya Bersama Anugerah Pt
JK:KBAG
|
$6.71 Million |
|
Europacorp
PA:ALECP
|
$6.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hapbee Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,211,981 to -4,120,993, a change of -1,909,012.
- Net loss of 6,596,111 reduced equity.
- New share issuances of 4,050,000 increased equity.
- Other comprehensive income increased equity by 305,146.
- Other factors increased equity by 331,953.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.60 Million | -160.06% |
| Share Issuances | $4.05 Million | +98.28% |
| Other Comprehensive Income | $305.15K | +7.4% |
| Other Changes | $331.95K | +8.06% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Hapbee Technologies 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.02 | $0.06 | x |
| 2020-12-31 | $0.03 | $0.06 | x |
| 2021-12-31 | $0.03 | $0.06 | x |
| 2022-12-31 | $0.00 | $0.06 | x |
| 2023-12-31 | $-0.02 | $0.06 | x |
| 2024-12-31 | $-0.03 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hapbee Technologies 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1079.78%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-3208.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -16.23% | 0.00% | 0.00x | 1.31x | $-373.13K |
| 2020 | -467.85% | -1561.54% | 0.11x | 2.82x | $-6.48 Million |
| 2021 | -418.58% | -386.96% | 0.28x | 3.91x | $-6.89 Million |
| 2022 | -18349.07% | -200.63% | 0.65x | 139.72x | $-3.68 Million |
| 2023 | 0.00% | -284.93% | 0.41x | 0.00x | $-2.49 Million |
| 2024 | 0.00% | -1079.78% | 0.27x | 0.00x | $-6.18 Million |
Industry Comparison
This section compares Hapbee Technologies Inc's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $522,869,043
- Average return on equity (ROE) among peers: -35.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hapbee Technologies Inc (HAPBF) | $-827.22K | -16.23% | N/A | $6.71 Million |
| Apple Inc (AAPL) | $4.22 Billion | 1.63% | 0.61x | $3.66 Trillion |
| Audio Pixels Holdings Limited (ADPXF) | $7.23 Million | -86.15% | 0.35x | $67.94 Million |
| Atomos Limited (AMOSF) | $22.57 Million | -73.18% | 0.40x | $66.13K |
| Andrea Electronic Cp (ANDR) | $-432.13K | 0.00% | 0.00x | $6.30K |
| AXIL Brands, Inc. (AXIL) | $345.65K | -86.14% | 2.65x | $17.49 Million |
| Bang & Olufsen a/s (BGOUF) | $832.00 Million | -69.23% | 1.13x | $201.04 Million |
| Boxlight Corp Class A (BOXL) | $2.11 Million | -97.53% | 8.04x | $710.98K |
| Basler Aktiengesellschaft (BSLAF) | $141.49 Million | 15.10% | 0.88x | $138.75 Million |
| Beamz Interactive (BZIC) | $-1.51 Million | 0.00% | 0.00x | $0.93 |
| Capstone Companies Inc (CAPC) | $1.89 Million | 38.47% | 4.97x | $659.69K |