Hai Kwang Enterprise Corp (2038) — Financial Flexibility Index

Latest as of March 2026: 0.17x

Hai Kwang Enterprise Corp (2038) has a Financial Flexibility Index of 0.17x as of March 2026. Free cash flow of NT$858.99 Million (operating CF NT$735.70 Million minus capex NT$123.30 Million) represents 0% of total liabilities (NT$5.04 Billion). Check 2038 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.17x
Free Cash Flow / Total Liabilities

Free Cash Flow

NT$858.99 Million
Operating CF − Capex

Total Liabilities

NT$5.04 Billion
TWD

Capital Expenditures

NT$123.30 Million
TWD

Hai Kwang Enterprise Corp Financial Flexibility Index (2008–2025)

Historical Financial Flexibility Index trend for Hai Kwang Enterprise Corp across 18 annual periods. For the full cash flow conversion analysis, see 2038 cash flow conversion.

Annual Financial Flexibility Index for Hai Kwang Enterprise Corp (2008–2025)

Year-by-year free cash flow to debt coverage for Hai Kwang Enterprise Corp. Explore cash flow to debt ratio of Hai Kwang Enterprise Corp to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (TWD) Operating CF Total Liabilities YoY Change
2025 0.11x NT$622.60 Million NT$374.43 Million NT$5.66 Billion ▲ +2625.3%
2024 0.00x NT$-26.09 Million NT$-292.36 Million NT$5.99 Billion ▼ -103.7%
2023 0.12x NT$639.69 Million NT$109.87 Million NT$5.49 Billion ▲ +27.8%
2022 0.09x NT$497.06 Million NT$45.67 Million NT$5.45 Billion ▼ -73.8%
2021 0.35x NT$1.77 Billion NT$1.18 Billion NT$5.07 Billion ▲ +382.6%
2020 0.07x NT$343.55 Million NT$-55.02 Million NT$4.76 Billion ▼ -51.1%
2019 0.15x NT$656.17 Million NT$369.91 Million NT$4.45 Billion ▲ +214.3%
2018 -0.13x NT$-585.15 Million NT$-823.64 Million NT$4.54 Billion ▲ +54.9%
2017 -0.29x NT$-1.07 Billion NT$-1.24 Billion NT$3.74 Billion ▼ -165.5%
2016 0.44x NT$939.39 Million NT$863.47 Million NT$2.15 Billion ▼ -19.7%
2015 0.54x NT$1.70 Billion NT$1.53 Billion NT$3.12 Billion ▲ +5705.9%
2014 -0.01x NT$-46.41 Million NT$-428.84 Million NT$4.78 Billion ▼ -104.3%
2013 0.23x NT$920.03 Million NT$693.35 Million NT$4.04 Billion ▲ +387.9%
2012 -0.08x NT$-354.01 Million NT$-466.01 Million NT$4.48 Billion ▼ -127.0%
2011 0.29x NT$860.18 Million NT$648.82 Million NT$2.94 Billion ▲ +11230.7%
2010 0.00x NT$8.24 Million NT$-146.59 Million NT$3.19 Billion ▲ +102.8%
2009 -0.09x NT$-278.99 Million NT$-452.51 Million NT$3.02 Billion ▼ -116.0%
2008 0.58x NT$1.77 Billion NT$1.65 Billion NT$3.07 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities