Hapbee Technologies Inc (HAPB) - Net Assets

Latest as of September 2025: CA$-827.22K CAD ≈ $-598.39K USD

Based on the latest financial reports, Hapbee Technologies Inc (HAPB) has net assets worth CA$-827.22K CAD (≈ $-598.39K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.03 Million ≈ $2.19 Million USD) and total liabilities (CA$3.86 Million ≈ $2.79 Million USD). 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. Read Hapbee Technologies Inc debt and liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-827.22K
% of Total Assets	-27.32%
Annual Growth Rate	N/A
5-Year Change	-337.87%
10-Year Change	N/A
Growth Volatility	4810.5

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. Also explore total assets of Hapbee Technologies Inc for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Hapbee Technologies Inc (HAPB) market capitalisation.

Year	Net Assets	Change
2024-12-31	CA$-4.12 Million ≈ $-2.98 Million	-86.30%
2023-12-31	CA$-2.21 Million ≈ $-1.60 Million	-11147.20%
2022-12-31	CA$20.02K ≈ $14.48K	-98.76%
2021-12-31	CA$1.61 Million ≈ $1.16 Million	-7.17%
2020-12-31	CA$1.73 Million ≈ $1.25 Million	-8.53%
2019-12-31	CA$1.89 Million ≈ $1.37 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 3011220737.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$26.30 Million	%
Total Equity	CA$-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
Absolicon Solar Collector AB Series B ST:ABSL-B	$4.90 Million
China Natural Resources Inc NASDAQ:CHNR	$4.90 Million
2cureX AB ST:2CUREX	$4.90 Million
TENET FINTECH GROUP INC. F:P0T	$4.91 Million
Wyncoast Industrial Park Public Company Limited BK:WIN	$4.90 Million
IQE PLC LSE:IQE	$4.89 Million
Quest PharmaTech Inc V:QPT	$4.89 Million
Conferize A/S CO:CONFRZ	$4.89 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 factors increased equity by 637,099.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-6.60 Million	-160.06%
Share Issuances	CA$4.05 Million	+98.28%
Other Changes	CA$637.10K	+15.46%
Total Change	CA$-	%

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	CA$0.04	CA$0.03	x
2020-12-31	CA$0.04	CA$0.03	x
2021-12-31	CA$0.03	CA$0.03	x
2022-12-31	CA$0.00	CA$0.03	x
2023-12-31	CA$-0.02	CA$0.03	x
2024-12-31	CA$-0.02	CA$0.03	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	CA$-496.80K
2020	-467.85%	-1561.54%	0.11x	2.82x	CA$-8.28 Million
2021	-418.58%	-386.96%	0.28x	3.91x	CA$-6.89 Million
2022	-18349.07%	-200.63%	0.65x	139.72x	CA$-3.68 Million
2023	0.00%	-281.24%	0.42x	0.00x	CA$-2.49 Million
2024	0.00%	-1079.78%	0.27x	0.00x	CA$-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: $1,498,811
Average return on equity (ROE) among peers: -55.05%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hapbee Technologies Inc (HAPB)	CA$-827.22K	-16.23%	N/A	$4.90 Million
BEACN Wizardry & Magic Inc (BECN)	$2.56 Million	-106.00%	0.31x	$1.02 Million
D-Box Technologies Inc. (DBO)	$437.36K	-4.11%	0.01x	$138.30 Million

About Hapbee Technologies Inc

V:HAPB Canada Consumer Electronics

Market Cap

$4.90 Million

CA$6.77 Million CAD

Market Cap Rank

#28399 Global

#1292 in Canada

Share Price

CA$0.03

Change (1 day)

+0.00%

52-Week Range

CA$0.03 - CA$0.14

All Time High

CA$1.17