World Technology Corp
Helo Corp., a wellness technology company, provides wearable devices for use in the quantified-self wellness market. The company's wearable devices and related applications offer its end-users with health-related knowledge acquired through self-tracking. It offers VYYO Vista, which captures data that can be used to analyze resting and exercising heart rates, blood pressure estimation, breath rate… Read more
World Technology Corp (HLOC) - Net Assets
Latest net assets as of September 2024: $9.41 Million USD
Based on the latest financial reports, World Technology Corp (HLOC) has net assets worth $9.41 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.07 Million) and total liabilities ($3.66 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 | $9.41 Million |
| % of Total Assets | 72.01% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 324.74 |
World Technology Corp - Net Assets Trend (2012–2023)
This chart illustrates how World Technology Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for World Technology Corp (2012–2023)
The table below shows the annual net assets of World Technology Corp from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $19.06 Million | +87.98% |
| 2022-12-31 | $10.14 Million | -14.66% |
| 2021-12-31 | $11.88 Million | +9164.96% |
| 2020-12-31 | $-131.09K | +95.95% |
| 2019-12-31 | $-3.24 Million | -92.29% |
| 2018-12-31 | $-1.69 Million | -809.73% |
| 2017-12-31 | $237.43K | -73.14% |
| 2016-12-31 | $884.04K | -35.93% |
| 2015-12-31 | $1.38 Million | +335.44% |
| 2014-12-31 | $-586.06K | -2466.60% |
| 2013-12-31 | $-22.83K | -222.10% |
| 2012-12-31 | $-7.09K | -- |
Equity Component Analysis
This analysis shows how different components contribute to World Technology Corp'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 839552200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $8.39 Million | 43.99% |
| Common Stock | $86.75K | 0.46% |
| Other Comprehensive Income | $898.21K | 4.71% |
| Other Components | $9.69 Million | 50.84% |
| Total Equity | $19.06 Million | 100.00% |
World Technology Corp Competitors by Market Cap
The table below lists competitors of World Technology Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Argo Gold Inc
PINK:ARBTF
|
$3.73 Million |
|
Trek Resources Inc
PINK:TRKX
|
$3.73 Million |
|
SINTEZA S.A.
RO:STZ
|
$3.73 Million |
|
BTM Resources Bhd
KLSE:7188
|
$3.73 Million |
|
BitFuFu Inc. Warrant
NASDAQ:FUFUW
|
$3.73 Million |
|
Widad Group Bhd
KLSE:0162
|
$3.73 Million |
|
Heliogen Inc
OTCQX:HLGN
|
$3.73 Million |
|
ALUMEXX N.V. NAM. EO-10
F:NE8F
|
$3.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in World Technology Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 10,141,275 to 19,063,915, a change of 8,922,640 (88.0%).
- Net income of 8,783,435 contributed positively to equity growth.
- Other comprehensive income increased equity by 158,209.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.78 Million | +46.07% |
| Other Comprehensive Income | $158.21K | +0.83% |
| Other Changes | $-19.00K | -0.1% |
| Total Change | $- | 87.98% |
Book Value vs Market Value Analysis
This analysis compares World Technology Corp'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: 3.73x
- 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 |
|---|---|---|---|
| 2012-12-31 | $0.00 | $0.82 | x |
| 2013-12-31 | $-0.01 | $0.82 | x |
| 2014-12-31 | $-0.04 | $0.82 | x |
| 2015-12-31 | $0.05 | $0.82 | x |
| 2016-12-31 | $0.03 | $0.82 | x |
| 2017-12-31 | $0.01 | $0.82 | x |
| 2018-12-31 | $-0.05 | $0.82 | x |
| 2019-12-31 | $-0.09 | $0.82 | x |
| 2020-12-31 | $0.00 | $0.82 | x |
| 2021-12-31 | $0.14 | $0.82 | x |
| 2022-12-31 | $0.12 | $0.82 | x |
| 2023-12-31 | $0.22 | $0.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently World Technology Corp 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): 46.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 192.88%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.49x
- Recent ROE (46.07%) is above the historical average (-56.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | -51.35% | 0.79x | 0.00x | $-5.70K |
| 2013 | 0.00% | -150.63% | 4.20x | 0.00x | $-27.54K |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-114.99K |
| 2015 | -269.21% | -222.41% | 1.21x | 1.00x | $-3.85 Million |
| 2016 | -56.08% | -21.82% | 2.60x | 0.99x | $-584.19K |
| 2017 | -476.25% | -27.51% | 2.03x | 8.51x | $-1.15 Million |
| 2018 | 0.00% | -38.21% | 8.18x | 0.00x | $-1.75 Million |
| 2019 | 0.00% | -78.07% | 2.70x | 0.00x | $-1.23 Million |
| 2020 | 0.00% | 7.69% | 2.64x | 0.00x | $1.34 Million |
| 2021 | 85.84% | 15.77% | 2.33x | 2.34x | $9.01 Million |
| 2022 | -4.57% | -37979.61% | 0.00x | 1.95x | $-1.48 Million |
| 2023 | 46.07% | 192.88% | 0.16x | 1.49x | $6.88 Million |
Industry Comparison
This section compares World Technology Corp's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $9,241,081,002
- Average return on equity (ROE) among peers: -54.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| World Technology Corp (HLOC) | $9.41 Million | 0.00% | 0.39x | $3.73 Million |
| Apple Inc (AAPL) | $90.49 Billion | 61.06% | 2.74x | $3.73 Trillion |
| Audio Pixels Holdings Limited (ADPXF) | $-11.10 Million | 0.00% | 0.00x | $67.94 Million |
| Atomos Limited (AMOSF) | $54.24 Million | -19.11% | 1.00x | $66.13K |
| Andrea Electronic Cp (ANDR) | $2.00 Million | -35.00% | 0.25x | $6.30K |
| AXIL Brands, Inc. (AXIL) | $504.60K | -34.24% | 1.26x | $17.49 Million |
| Bang & Olufsen a/s (BGOUF) | $1.74 Billion | 16.88% | 0.67x | $201.04 Million |
| Boxlight Corp Class A (BOXL) | $-699.89K | 0.00% | 0.00x | $803.14K |
| Basler Aktiengesellschaft (BSLAF) | $129.36 Million | 16.24% | 0.75x | $138.75 Million |
| Beamz Interactive (BZIC) | $508.51K | -537.01% | 0.55x | $1.00 |
| Capstone Companies Inc (CAPC) | $5.90 Million | -17.14% | 0.10x | $659.69K |