Hai Kwang Enterprise Corp (2038) — Cash Flow Quality Index

Latest as of March 2026: 24.35x

Hai Kwang Enterprise Corp (2038) has a Cash Flow Quality Index of 24.35x as of March 2026. Operating cash flow of NT$735.70 Million exceeds net income of NT$30.21 Million, indicating high earnings quality where cash backs reported profits. Explore Hai Kwang Enterprise Corp operating cash flow efficiency to assess how effectively this company generates cash.

Cash Flow Quality Index

24.35x
Operating CF / Net Income

Operating Cash Flow

NT$735.70 Million
TWD

Net Income

NT$30.21 Million
TWD

Data as of

Mar 2026
Most recent filing

Hai Kwang Enterprise Corp Cash Flow Quality Index (2008–2024)

Historical Cash Flow Quality Index for Hai Kwang Enterprise Corp across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Hai Kwang Enterprise Corp (2038) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Hai Kwang Enterprise Corp (2008–2024)

Year-by-year earnings quality comparison for Hai Kwang Enterprise Corp. For live market cap and the full company financial profile, see 2038 stock market capitalisation.

Year Quality Index Operating CF (TWD) Net Income YoY Change
2024 -6.50x NT$-292.36 Million NT$44.95 Million ▼ -320.7%
2023 2.95x NT$109.87 Million NT$37.28 Million ▲ +1436.1%
2022 0.19x NT$45.67 Million NT$238.07 Million ▼ -91.0%
2021 2.12x NT$1.18 Billion NT$557.89 Million ▲ +831.0%
2020 -0.29x NT$-55.02 Million NT$189.38 Million ▲ +99.3%
2017 -41.44x NT$-1.24 Billion NT$29.95 Million ▼ -1253.1%
2016 3.59x NT$863.47 Million NT$240.26 Million ▲ +157.3%
2012 -6.27x NT$-466.01 Million NT$74.27 Million ▼ -345.6%
2011 2.55x NT$648.82 Million NT$253.98 Million ▲ +216.0%
2010 -2.20x NT$-146.59 Million NT$66.58 Million ▼ -165.7%
2008 3.35x NT$1.65 Billion NT$490.98 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.