Hai Kwang Enterprise Corporation(TW:2038)
NT$11.00+-0.05 (+0.46%)
TW:2038
Hai Kwang Enterprise Corporation financials statements
NT$11.00
At close:+-0.05 (+0.46%)
Hai Kwang Enterprise Corporation (2038) Ratios
Hai Kwang Enterprise Corporation Ratios
TW:2038's free cash flow for Q2 2026 was NT$233.89M. For the 2026 fiscal year, TW:2038's free cash flow was decreased by NT$-37.69M and operating cash flow was NT$271.58M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.45 | 1.16 | 1.01 | 1.09 | 1.05 |
| Quick Ratio | 0.57 | 0.44 | 0.46 | 0.53 | 0.50 |
| Cash Ratio | 0.15 | 0.12 | 0.06 | 0.10 | 0.12 |
| Solvency Ratio | 0.04 | 0.06 | 0.06 | 0.09 | 0.13 |
| Operating Cash Flow Ratio | 0.13 | -0.08 | 0.03 | 0.01 | 0.32 |
| Short-Term Operating Cash Flow Coverage | 0.18 | -0.10 | 0.04 | 0.02 | 0.51 |
| Net Current Asset Value | NT$ -1.49B | NT$ -1.47B | NT$ -1.58B | NT$ -1.43B | NT$ -1.24B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.48 | 0.48 | 0.45 | 0.43 | 0.38 |
| Debt-to-Equity Ratio | 1.22 | 1.22 | 1.14 | 1.10 | 0.95 |
| Debt-to-Capital Ratio | 0.55 | 0.55 | 0.53 | 0.52 | 0.49 |
| Long-Term Debt-to-Capital Ratio | 0.40 | 0.32 | 0.26 | 0.28 | 0.23 |
| Financial Leverage Ratio | 2.55 | 2.56 | 2.55 | 2.57 | 2.49 |
| Debt Service Coverage Ratio | 0.12 | 0.14 | 0.14 | 0.19 | 0.29 |
| Interest Coverage Ratio | -0.77 | 0.36 | 0.56 | 4.74 | 15.82 |
| Debt to Market Cap | 1.63 | 1.67 | 1.02 | 1.01 | 0.54 |
| Interest Debt Per Share | 24.32 | 25.45 | 22.12 | 21.06 | 17.80 |
| Net Debt to EBITDA | 16.03 | 9.43 | 9.40 | 6.54 | 3.72 |
| Profitability Margins | |||||
| Gross Profit Margin | 1.32% | 2.47% | 2.69% | 2.80% | 7.17% |
| EBIT Margin | -0.87% | 1.42% | 1.32% | 2.73% | 5.82% |
| EBITDA Margin | 2.94% | 4.79% | 4.51% | 5.07% | 7.82% |
| Operating Profit Margin | -0.87% | 0.35% | 0.52% | 2.73% | 5.82% |
| Pretax Profit Margin | -1.42% | 0.46% | 0.40% | 2.16% | 5.46% |
| Net Profit Margin | -1.22% | 0.39% | 0.57% | 1.91% | 4.50% |
| Continuous Operations Profit Margin | -1.43% | 0.20% | 0.32% | 1.67% | 4.33% |
| Net Income Per EBT | 85.96% | 83.92% | 143.00% | 88.56% | 82.40% |
| EBT Per EBIT | 163.32% | 133.32% | 77.06% | 78.92% | 93.68% |
| Return on Assets (ROA) | -1.13% | 0.37% | 0.56% | 2.24% | 5.12% |
| Return on Equity (ROE) | -2.88% | 0.95% | 1.44% | 5.77% | 12.76% |
| Return on Capital Employed (ROCE) | -1.15% | 0.53% | 0.87% | 5.28% | 11.16% |
| Return on Invested Capital (ROIC) | -0.88% | 0.16% | 0.46% | 2.87% | 6.46% |
| Return on Tangible Assets | -1.13% | 0.37% | 0.56% | 2.24% | 5.12% |
| Earnings Yield | -3.85% | 1.30% | 1.30% | 5.29% | 7.21% |
| Efficiency Ratios | |||||
| Receivables Turnover | 9.53 | 9.99 | 7.62 | 10.51 | 9.05 |
| Payables Turnover | 29.75 | 28.41 | 17.36 | 22.08 | 18.81 |
| Inventory Turnover | 3.47 | 3.39 | 4.27 | 5.18 | 4.75 |
| Fixed Asset Turnover | 2.05 | 2.17 | 2.03 | 2.50 | 2.43 |
| Asset Turnover | 0.92 | 0.95 | 0.99 | 1.18 | 1.14 |
| Working Capital Turnover Ratio | 9.23 | 29.73 | 52.10 | 42.21 | 41.71 |
| Cash Conversion Cycle | 131.22 | 131.31 | 112.35 | 88.64 | 97.83 |
| Days of Sales Outstanding | 38.29 | 36.53 | 47.91 | 34.72 | 40.34 |
| Days of Inventory Outstanding | 105.20 | 107.62 | 85.47 | 70.45 | 76.89 |
| Days of Payables Outstanding | 12.27 | 12.85 | 21.03 | 16.53 | 19.40 |
| Operating Cycle | 143.49 | 144.16 | 133.38 | 105.17 | 117.23 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 1.92 | -1.51 | 0.57 | 0.24 | 6.10 |
| Free Cash Flow Per Share | 0.65 | -2.88 | -2.16 | -2.09 | 3.11 |
| Dividend Paid and CapEx Coverage Ratio | 1.51 | -1.10 | 0.21 | 0.06 | 1.77 |
| Capital Expenditure Coverage Ratio | 1.51 | -1.10 | 0.21 | 0.10 | 2.04 |
| Operating Cash Flow Coverage Ratio | 0.08 | -0.06 | 0.03 | 0.01 | 0.35 |
| Operating Cash Flow to Sales Ratio | 0.04 | -0.03 | 0.01 | 0.00 | 0.12 |
| Free Cash Flow Yield | 4.46% | -19.31% | -10.21% | -10.17% | 9.47% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -25.98 | 76.02 | 77.19 | 18.88 | 13.86 |
| Price-to-Sales (P/S) Ratio | 0.32 | 0.30 | 0.44 | 0.36 | 0.62 |
| Price-to-Book (P/B) Ratio | 0.75 | 0.73 | 1.11 | 1.09 | 1.77 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 22.44 | -5.18 | -9.80 | -9.83 | 10.55 |
| Price-to-Operating Cash Flow Ratio | 7.57 | -9.89 | 37.44 | 87.31 | 5.38 |
| Price-to-Earnings Growth (PEG) Ratio | 0.07 | -2.66 | -1.03 | -0.35 | 0.07 |
| Enterprise Value Multiple | 26.83 | 15.64 | 19.14 | 13.66 | 11.69 |
| Enterprise Value | 7.04B | 7.29B | 8.08B | 7.65B | 9.35B |
| EV to EBITDA | 26.83 | 15.64 | 19.14 | 13.66 | 11.69 |
| EV to Sales | 0.79 | 0.75 | 0.86 | 0.69 | 0.91 |
| EV to Free Cash Flow | 55.75 | -13.05 | -19.25 | -18.86 | 15.47 |
| EV to Operating Cash Flow | 18.80 | -24.94 | 73.59 | 167.54 | 7.89 |
| Tangible Book Value Per Share | 20.45 | 21.63 | 20.35 | 20.30 | 20.13 |
| Shareholders’ Equity Per Share | 19.45 | 20.52 | 19.05 | 18.82 | 18.55 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.01 | 0.56 | 0.20 | 0.23 | 0.21 |
| Revenue Per Share | 45.82 | 50.09 | 48.22 | 56.89 | 52.67 |
| Net Income Per Share | -0.56 | 0.19 | 0.27 | 1.09 | 2.37 |
| Tax Burden | 0.86 | 0.84 | 1.43 | 0.89 | 0.82 |
| Interest Burden | 1.63 | 0.33 | 0.30 | 0.79 | 0.94 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | -2.95 | -6.50 | 2.95 | 0.19 | 2.12 |
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