HAPBF (Hapbee Technologies) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Sep. 2025)


What is Hapbee Technologies Return-on-Tangible-Equity?

Hapbee Technologies HAPBF +0.56% Return-on-Tangible-Equity is Negative Tangible Equity% as of Sep. 2025. The stock has 2 warning signs investors should review. Among 2,379 Hardware companies, Hapbee Technologies ranks worse than 42034.43% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Hapbee Technologies's annualized net income for the quarter that ended in Sep. 2025 was $5.73 Mil. Hapbee Technologies's average shareholder tangible equity for the quarter that ended in Sep. 2025 was $-3.86 Mil. Therefore, Hapbee Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was Negative Tangible Equity%.

The historical rank and industry rank for Hapbee Technologies's Return-on-Tangible-Equity or its related term are showing as below:

HAPBF's Return-on-Tangible-Equity is not ranked *
in the Hardware industry.
Industry Median: 5.26
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Hapbee Technologies  (OTCPK:HAPBF) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Hapbee Technologies Return-on-Tangible-Equity Related Terms


Hapbee Technologies Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Hapbee Technologies's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hapbee Technologies Return-on-Tangible-Equity Chart

Hapbee Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Hapbee Technologies Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 Negative Tangible Equity Negative Tangible Equity

HAPBF vs AAPL: Return-on-Tangible-Equity Comparison

For the Consumer Electronics subindustry, Hapbee Technologies's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hapbee Technologies Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Hapbee Technologies's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Hapbee Technologies's Return-on-Tangible-Equity falls into.



Hapbee Technologies Return-on-Tangible-Equity Calculation

Hapbee Technologies's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-6.596/( (-4.07+-5.318 )/ 2 )
=-6.596/-4.694
=N/A %

Hapbee Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=5.728/( (-5.222+-2.507)/ 2 )
=5.728/-3.8645
=Negative Tangible Equity %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Hapbee Technologies (HAPBF) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hapbee Technologies and its competitors. According to the industry distribution chart, Hapbee Technologies ranks #999999 out of 2379 companies in the Hardware industry.
Is Hapbee Technologies' Return-on-Tangible-Equity too high?
Hapbee Technologies' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Hapbee Technologies ranks #999999 out of 2379 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does Hapbee Technologies' Return-on-Tangible-Equity compare to AAPL?
According to the Hardware industry distribution chart, Hapbee Technologies ranks #999999 out of 2379 companies for Return-on-Tangible-Equity. This places Hapbee Technologies in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.26. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.26, based on 2,379 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hapbee Technologies and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hapbee Technologies's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hapbee Technologies stock overvalued right now?
Based on GuruFocus' analysis, Hapbee Technologies (HAPBF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.05, compared to a current price of $0.04 — trading 27.6% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Hapbee Technologies (HAPBF), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hapbee Technologies Business Description

Other Exchanges HAPB:Canada
Address 1771 Robson Street, Suite 1427, Vancouver, BC, CAN, V6G 3B7
Hapbee Technologies Inc is engaged in developing and marketing wearable fitness and wellness products. The company's core product, Hapbee Wearable Wellness Product, is a wearable device that allows wearers to choose how it feel by producing a variety of sensations by playing precise electromagnetic fields. The sensations fall under several broad categories such as Happy, Alert, Relax, Calm, Sleepy, and Focus.