Hai Kwang Enterprise Corp
Hai Kwang Enterprise Corporation engages in the manufacturing and sales of billets and reinforcing steel bars in Taiwan. The company provides bamboo rebar for building structures, tunnel engineering, and bridges applications. It is involved in real estate rental and leasing business. The company was founded in 1958 and is based in Kaohsiung City, Taiwan.
Hai Kwang Enterprise Corp (2038) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.032x
Based on the latest financial reports, Hai Kwang Enterprise Corp (2038) has a cash flow conversion efficiency ratio of -0.032x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (NT$-131.95 Million) by net assets (NT$4.12 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hai Kwang Enterprise Corp - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how Hai Kwang Enterprise Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Hai Kwang Enterprise Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hai Kwang Enterprise Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GRP Limited
NSE:GRPLTD
|
0.098x |
|
Qualicorp Consultoria e Corretora de Seguros S.A
SA:QUAL3
|
0.029x |
|
Naturel Yenilenebilir Enerji Ticare
IS:NATEN
|
-0.036x |
|
Sungchang Hold
KO:000180
|
0.004x |
|
Horizon Copper Corp
OTCQX:HNCUF
|
-0.106x |
|
RAUTE OY A EO 2
F:RAUA
|
N/A |
|
Goodfellow Inc
PINK:GFELF
|
0.048x |
|
Asian Alliance International PCL
BK:AAI
|
-0.009x |
Annual Cash Flow Conversion Efficiency for Hai Kwang Enterprise Corp (2008–2024)
The table below shows the annual cash flow conversion efficiency of Hai Kwang Enterprise Corp from 2008 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$4.21 Billion | NT$-292.36 Million | -0.070x | -350.49% |
| 2023-12-31 | NT$3.96 Billion | NT$109.87 Million | 0.028x | +139.89% |
| 2022-12-31 | NT$3.95 Billion | NT$45.67 Million | 0.012x | -96.18% |
| 2021-12-31 | NT$3.91 Billion | NT$1.18 Billion | 0.303x | +2049.51% |
| 2020-12-31 | NT$3.54 Billion | NT$-55.02 Million | -0.016x | -114.48% |
| 2019-12-31 | NT$3.45 Billion | NT$369.91 Million | 0.107x | +148.52% |
| 2018-12-31 | NT$3.72 Billion | NT$-823.64 Million | -0.221x | +24.78% |
| 2017-12-31 | NT$4.22 Billion | NT$-1.24 Billion | -0.294x | -228.41% |
| 2016-12-31 | NT$3.77 Billion | NT$863.47 Million | 0.229x | -55.86% |
| 2015-12-31 | NT$2.94 Billion | NT$1.53 Billion | 0.519x | +481.22% |
| 2014-12-31 | NT$3.15 Billion | NT$-428.84 Million | -0.136x | -164.78% |
| 2013-12-31 | NT$3.30 Billion | NT$693.35 Million | 0.210x | +244.48% |
| 2012-12-31 | NT$3.21 Billion | NT$-466.01 Million | -0.145x | -174.19% |
| 2011-12-31 | NT$3.31 Billion | NT$648.82 Million | 0.196x | +495.88% |
| 2010-12-31 | NT$2.96 Billion | NT$-146.59 Million | -0.049x | +67.98% |
| 2009-12-31 | NT$2.93 Billion | NT$-452.51 Million | -0.155x | -128.62% |
| 2008-12-31 | NT$3.05 Billion | NT$1.65 Billion | 0.540x | -- |