Hai Kwang Enterprise Corp (2038) — Cash Flow Quality Index
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$30.21 Million, indicating high earnings quality where cash backs reported profits. Explore 2038 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Hai Kwang Enterprise Corp Cash Flow Quality Index (2008–2024)
Historical Cash Flow Quality Index for Hai Kwang Enterprise Corp across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Hai Kwang Enterprise Corp operating cash flow efficiency.
Annual Cash Flow Quality Index for Hai Kwang Enterprise Corp (2008–2024)
Year-by-year earnings quality comparison for Hai Kwang Enterprise Corp.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | -6.50x | NT$-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 | — |