HWGG Entertainment Limited
HWGG Entertainment Limited provides entertainment membership services, travel and tour packages, and marketing services primarily through mobile applications. The company offers entertainment vouchers, and travel membership programs that grant users access to discounted vacation packages, room accommodations, flight arrangements, private experiences, and personalized itineraries. The company also… Read more
HWGG Entertainment Limited (HWGG) - Net Assets
Latest net assets as of March 2025: $-978.22K USD
Based on the latest financial reports, HWGG Entertainment Limited (HWGG) has net assets worth $-978.22K USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.40 Million) and total liabilities ($3.38 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 | $-978.22K |
| % of Total Assets | -40.74% |
| Annual Growth Rate | 37.93% |
| 5-Year Change | N/A |
| 10-Year Change | 3227.06% |
| Growth Volatility | 69.66 |
HWGG Entertainment Limited - Net Assets Trend (2014–2024)
This chart illustrates how HWGG Entertainment Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HWGG Entertainment Limited (2014–2024)
The table below shows the annual net assets of HWGG Entertainment Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $16.68 Million | -20.11% |
| 2023-12-31 | $20.88 Million | +215.04% |
| 2022-12-31 | $-18.15 Million | -52.36% |
| 2021-12-31 | $-11.92 Million | -32.84% |
| 2020-12-31 | $-8.97 Million | -24.57% |
| 2019-12-31 | $-7.20 Million | -49.54% |
| 2018-12-31 | $-4.82 Million | -295.59% |
| 2017-12-31 | $-1.22 Million | -245.24% |
| 2016-12-31 | $-352.57K | -170.30% |
| 2015-12-31 | $501.49K | -25.07% |
| 2014-12-31 | $669.25K | -- |
Equity Component Analysis
This analysis shows how different components contribute to HWGG Entertainment Limited'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 4509.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $102.94K | 0.62% |
| Other Comprehensive Income | $1.08 Million | 6.46% |
| Other Components | $34.26 Million | 205.36% |
| Total Equity | $16.68 Million | 100.00% |
HWGG Entertainment Limited Competitors by Market Cap
The table below lists competitors of HWGG Entertainment Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Warehouses Estates Belgium SCA
BR:WEB
|
$24.91 Million |
|
Fortune Oriental Co Ltd
TW:2491
|
$24.92 Million |
|
Krystal Integrated Services Ltd
NSE:KRYSTAL
|
$24.93 Million |
|
JT Corporation
KQ:089790
|
$24.94 Million |
|
6K Additive Inc
AU:6KA
|
$24.91 Million |
|
GP Investments Ltd
SA:GPIV33
|
$24.90 Million |
|
Sunview Group Bhd
KLSE:0262
|
$24.90 Million |
|
New Peoples Bankshares Inc
PINK:NWPP
|
$24.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HWGG Entertainment Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,884,726 to 16,684,956, a change of -4,199,770 (-20.1%).
- Net income of 21,217,352 contributed positively to equity growth.
- Other comprehensive income increased equity by 10,160,902.
- Other factors decreased equity by 35,578,024.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $21.22 Million | +127.16% |
| Other Comprehensive Income | $10.16 Million | +60.9% |
| Other Changes | $-35.58 Million | -213.23% |
| Total Change | $- | -20.11% |
Book Value vs Market Value Analysis
This analysis compares HWGG Entertainment Limited'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: 20.25x
- 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 1461.62x to 20.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $0.01 | $13.70 | x |
| 2015-12-31 | $0.00 | $13.70 | x |
| 2016-12-31 | $-0.04 | $13.70 | x |
| 2017-12-31 | $-0.11 | $13.70 | x |
| 2018-12-31 | $-0.48 | $13.70 | x |
| 2019-12-31 | $-0.72 | $13.70 | x |
| 2020-12-31 | $-0.90 | $13.70 | x |
| 2021-12-31 | $-1.19 | $13.70 | x |
| 2022-12-31 | $-1.82 | $13.70 | x |
| 2023-12-31 | $0.85 | $13.70 | x |
| 2024-12-31 | $0.68 | $13.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HWGG Entertainment Limited 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): 127.16%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1802.04%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.21x
- Recent ROE (127.16%) is above the historical average (14.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -0.45% | 0.01x | 1.00x | $-66.96K |
| 2015 | -40.06% | -457.12% | 0.02x | 3.54x | $-200.04K |
| 2016 | 0.00% | -824.85% | 0.04x | 0.00x | $-763.38K |
| 2017 | 0.00% | -261.83% | 0.07x | 0.00x | $-567.80K |
| 2018 | 0.00% | -885.99% | 0.10x | 0.00x | $-2.97 Million |
| 2019 | 0.00% | -29620.40% | 0.00x | 0.00x | $-1.85 Million |
| 2020 | 0.00% | -43321.80% | 0.00x | 0.00x | $-1.69 Million |
| 2021 | 0.00% | -55796.64% | 0.00x | 0.00x | $-2.02 Million |
| 2022 | 0.00% | -110019.85% | 0.00x | 0.00x | $-4.19 Million |
| 2023 | 70.20% | 826.63% | 0.07x | 1.21x | $12.57 Million |
| 2024 | 127.16% | 1802.04% | 0.06x | 1.21x | $19.55 Million |
Industry Comparison
This section compares HWGG Entertainment Limited's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $1,526,974,464
- Average return on equity (ROE) among peers: -30.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HWGG Entertainment Limited (HWGG) | $-978.22K | 0.00% | N/A | $24.91 Million |
| Airbnb Inc (ABNB) | $-517.31 Million | 0.00% | 0.00x | $53.81 Billion |
| Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares (AHMA) | $4.00 Million | 32.27% | 1.02x | $9.98 Million |
| Booking Holdings Inc (BKNG) | $402.60 Million | -262.07% | 0.10x | $140.30 Billion |
| Carnival Corporation (CCL) | $13.79 Billion | 8.61% | 0.78x | $32.20 Billion |
| Consolidated Capital of North America Inc (CDNO) | $93.27K | 0.00% | 0.02x | $8.78 |
| Carnival Plc ADS (CUK) | $207.80 Million | 47.02% | 1.54x | $32.14 Billion |
| Carnival Corporation & plc (CUKPF) | $893.20 Million | 21.67% | 1.49x | $18.29 Billion |
| Despegar.com Corp (DESP) | $92.85 Million | -151.47% | 8.10x | $1.36 Billion |
| Jet2 plc (DRTGF) | $157.20 Million | 20.87% | 5.37x | $2.31 Billion |
| eDreams ODIGEO S.A (EDDRF) | $236.30 Million | -18.34% | 3.54x | $429.02 Million |