Hai Kwang Enterprise Corp (2038) — Free Cash Flow Generation Index

Latest as of March 2026: 0.83x

Hai Kwang Enterprise Corp (2038) has a Free Cash Flow Generation Index of 0.83x as of March 2026. Free cash flow of NT$612.40 Million represents 1% of operating cash flow (NT$735.70 Million). Explore 2038 capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.83x
Free Cash Flow / Operating CF

Free Cash Flow

NT$612.40 Million
TWD

Operating Cash Flow

NT$735.70 Million
TWD

Capital Expenditures

NT$123.30 Million
TWD

Hai Kwang Enterprise Corp Free Cash Flow Generation Index (2008–2025)

Historical FCF Generation Index trend for Hai Kwang Enterprise Corp across 10 annual periods. For the full cash flow conversion analysis, see 2038 cash flow conversion.

Annual Free Cash Flow Generation for Hai Kwang Enterprise Corp (2008–2025)

Year-by-year Free Cash Flow Generation Index for Hai Kwang Enterprise Corp. Check cash flow reinvestment rate of Hai Kwang Enterprise Corp to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (TWD) Operating CF Capital Expenditures YoY Change
2025 0.34x NT$126.25 Million NT$374.43 Million NT$248.18 Million ▲ +108.8%
2023 -3.82x NT$-419.96 Million NT$109.87 Million NT$529.83 Million ▲ +57.0%
2022 -8.88x NT$-405.72 Million NT$45.67 Million NT$451.39 Million ▼ -1841.5%
2021 0.51x NT$604.42 Million NT$1.18 Billion NT$580.47 Million ▲ +125.6%
2019 0.23x NT$83.65 Million NT$369.91 Million NT$286.26 Million ▼ -75.2%
2016 0.91x NT$787.55 Million NT$863.47 Million NT$75.92 Million ▲ +2.9%
2015 0.89x NT$1.35 Billion NT$1.53 Billion NT$173.92 Million ▲ +31.6%
2013 0.67x NT$466.67 Million NT$693.35 Million NT$226.68 Million ▼ -0.2%
2011 0.67x NT$437.47 Million NT$648.82 Million NT$211.35 Million ▼ -37.4%
2008 1.08x NT$1.77 Billion NT$1.65 Billion NT$127.23 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).