Hai Kwang Enterprise Corp
Hai Kwang Enterprise Corporation engages in the manufacturing 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 involved in real estate rental and leasing business. The company was founded in 1958 and is based in Kaohsiung City, Taiwan.
Hai Kwang Enterprise Corp (2038) - Total Assets
Latest total assets as of September 2025: NT$9.89 Billion TWD
Based on the latest financial reports, Hai Kwang Enterprise Corp (2038) holds total assets worth NT$9.89 Billion TWD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Hai Kwang Enterprise Corp - Total Assets Trend (2008–2024)
This chart illustrates how Hai Kwang Enterprise Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hai Kwang Enterprise Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Hai Kwang Enterprise Corp's total assets of NT$9.89 Billion consist of 44.3% current assets and 55.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 4.4% |
| Accounts Receivable | NT$973.26 Million | 9.6% |
| Inventory | NT$2.80 Billion | 27.4% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$5.55 Million | 0.1% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Hai Kwang Enterprise Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hai Kwang Enterprise Corp's current assets represent 44.3% of total assets in 2024, an increase from 0.0% in 2008.
- Cash Position: Cash and equivalents constituted 4.4% of total assets in 2024, down from 9.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is inventory at 27.4% of total assets.
Hai Kwang Enterprise Corp Competitors by Total Assets
Key competitors of Hai Kwang Enterprise Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
Hai Kwang Enterprise Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Hai Kwang Enterprise Corp generates 0.95x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Hai Kwang Enterprise Corp generates $ 0.37 in net profit.
Hai Kwang Enterprise Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.46 | 0.96 | 1.10 |
| Quick Ratio | 0.54 | 0.43 | 0.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.37 Billion | NT$ -159.38 Million | NT$ 306.58 Million |
Hai Kwang Enterprise Corp - Advanced Valuation Insights
This section examines the relationship between Hai Kwang Enterprise Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.74 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 7.9% |
| Total Assets | NT$10.20 Billion |
| Market Capitalization | $43.67 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hai Kwang Enterprise Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hai Kwang Enterprise Corp's assets grew by 7.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hai Kwang Enterprise Corp (2008–2024)
The table below shows the annual total assets of Hai Kwang Enterprise Corp from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$10.20 Billion | +7.92% |
| 2023-12-31 | NT$9.45 Billion | +0.51% |
| 2022-12-31 | NT$9.40 Billion | +4.64% |
| 2021-12-31 | NT$8.98 Billion | +8.17% |
| 2020-12-31 | NT$8.30 Billion | +5.12% |
| 2019-12-31 | NT$7.90 Billion | -4.41% |
| 2018-12-31 | NT$8.26 Billion | +3.76% |
| 2017-12-31 | NT$7.96 Billion | +34.47% |
| 2016-12-31 | NT$5.92 Billion | -2.32% |
| 2015-12-31 | NT$6.06 Billion | -23.56% |
| 2014-12-31 | NT$7.93 Billion | +8.01% |
| 2013-12-31 | NT$7.34 Billion | -4.43% |
| 2012-12-31 | NT$7.68 Billion | +22.88% |
| 2011-12-31 | NT$6.25 Billion | +1.61% |
| 2010-12-31 | NT$6.15 Billion | +3.45% |
| 2009-12-31 | NT$5.95 Billion | -2.69% |
| 2008-12-31 | NT$6.11 Billion | -- |