Hai Kwang Enterprise Corp Cash Flow Conversion Efficiency
Hai Kwang Enterprise Corp cash flow conversion efficiency. Based on the latest financial reports, Hai Kwang Enterprise Corp (2038) has a cash flow conversion efficiency ratio of 0.183x as of March 2026. 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$735.70 Million ≈ $23.18 Million USD) by net assets (NT$4.02 Billion ≈ $126.67 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Hai Kwang Enterprise Corp (2008–2025)
Cash flow conversion efficiency of Hai Kwang Enterprise Corp from 2008 to 2025. This chart illustrates how Hai Kwang Enterprise Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Hai Kwang Enterprise Corp for real-time trading data and today's change.
Hai Kwang Enterprise Corp Cash Flow Conversion Ratio Explained
Hai Kwang Enterprise Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see 2038 company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tecnotree Oyj
HE:TEM1V
|
0.035x |
|
Penta Teknoloji Urunleri Dagitim Ticaret AS
IS:PENTA
|
0.008x |
|
Technology & Telecommunication
NASDAQ:TETE
|
0.010x |
|
FatPipe, Inc. Common Stock
NASDAQ:FATN
|
-0.026x |
|
Lifevantage Corporation
NASDAQ:LFVN
|
0.142x |
|
Kingfisher PLC
LSE:KGF
|
0.120x |
|
ABOV Semiconductor Co. Ltd
KQ:102120
|
-0.013x |
|
Pc Iletisim ve Medya Hizmetleri Sanayi Ticaret AS
IS:PCILT
|
0.013x |
Annual Cash Flow Conversion Efficiency for Hai Kwang Enterprise Corp (2008–2025)
The table below shows the annual cash flow conversion efficiency of Hai Kwang Enterprise Corp from 2008 to 2025. Review 2038 free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | NT$3.99 Billion ≈ $125.68 Million |
NT$374.43 Million ≈ $11.80 Million |
0.094x | +235.02% |
| 2024-12-31 | NT$4.21 Billion ≈ $132.49 Million |
NT$-292.36 Million ≈ $-9.21 Million |
-0.070x | -350.49% |
| 2023-12-31 | NT$3.96 Billion ≈ $124.72 Million |
NT$109.87 Million ≈ $3.46 Million |
0.028x | +139.89% |
| 2022-12-31 | NT$3.95 Billion ≈ $124.36 Million |
NT$45.67 Million ≈ $1.44 Million |
0.012x | -96.18% |
| 2021-12-31 | NT$3.91 Billion ≈ $123.22 Million |
NT$1.18 Billion ≈ $37.33 Million |
0.303x | +2049.51% |
| 2020-12-31 | NT$3.54 Billion ≈ $111.54 Million |
NT$-55.02 Million ≈ $-1.73 Million |
-0.016x | -114.48% |
| 2019-12-31 | NT$3.45 Billion ≈ $108.63 Million |
NT$369.91 Million ≈ $11.65 Million |
0.107x | +148.52% |
| 2018-12-31 | NT$3.72 Billion ≈ $117.35 Million |
NT$-823.64 Million ≈ $-25.95 Million |
-0.221x | +24.78% |
| 2017-12-31 | NT$4.22 Billion ≈ $132.99 Million |
NT$-1.24 Billion ≈ $-39.10 Million |
-0.294x | -228.41% |
| 2016-12-31 | NT$3.77 Billion ≈ $118.83 Million |
NT$863.47 Million ≈ $27.20 Million |
0.229x | -55.86% |
| 2015-12-31 | NT$2.94 Billion ≈ $92.65 Million |
NT$1.53 Billion ≈ $48.06 Million |
0.519x | +481.22% |
| 2014-12-31 | NT$3.15 Billion ≈ $99.30 Million |
NT$-428.84 Million ≈ $-13.51 Million |
-0.136x | -164.78% |
| 2013-12-31 | NT$3.30 Billion ≈ $104.00 Million |
NT$693.35 Million ≈ $21.84 Million |
0.210x | +244.48% |
| 2012-12-31 | NT$3.21 Billion ≈ $100.99 Million |
NT$-466.01 Million ≈ $-14.68 Million |
-0.145x | -174.19% |
| 2011-12-31 | NT$3.31 Billion ≈ $104.32 Million |
NT$648.82 Million ≈ $20.44 Million |
0.196x | +495.88% |
| 2010-12-31 | NT$2.96 Billion ≈ $93.30 Million |
NT$-146.59 Million ≈ $-4.62 Million |
-0.049x | +67.98% |
| 2009-12-31 | NT$2.93 Billion ≈ $92.24 Million |
NT$-452.51 Million ≈ $-14.26 Million |
-0.155x | -128.62% |
| 2008-12-31 | NT$3.05 Billion ≈ $96.00 Million |
NT$1.65 Billion ≈ $51.85 Million |
0.540x | -- |
About Hai Kwang Enterprise Corp
Hai Kwang Enterprise Corporation engages in the manufacturing, processing, 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 also involved in real estate rental and leasing business. The company was founded in 1958 and is based in Kaohsiung City, Taiwan.