Hai Kwang Enterprise Corp (2038) - Total Assets
Based on the latest financial reports, Hai Kwang Enterprise Corp (2038) holds total assets worth NT$9.06 Billion TWD (≈ $285.40 Million USD) as of March 2026. 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. Explore 2038 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Hai Kwang Enterprise Corp - Total Assets Trend (2008–2025)
This chart illustrates how Hai Kwang Enterprise Corp's total assets have evolved over time, based on quarterly financial data. See Hai Kwang Enterprise Corp book value and equity for net asset value and shareholders' equity analysis.
Hai Kwang Enterprise Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
Hai Kwang Enterprise Corp's total assets of NT$9.06 Billion consist of 43.2% current assets and 56.8% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 4.5% |
| Accounts Receivable | NT$936.15 Million | 9.7% |
| Inventory | NT$2.54 Billion | 26.3% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$6.05 Million | 0.1% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2008–2025)
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. For live market cap, price, and company overview, see Hai Kwang Enterprise Corp (2038) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hai Kwang Enterprise Corp's current assets represent 43.2% of total assets in 2025, an increase from 0.0% in 2008.
- Cash Position: Cash and equivalents constituted 4.5% of total assets in 2025, 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 26.3% 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 |
|---|---|---|
|
Tata Steel Limited
NSE:TATASTEEL
|
India | Rs3.01 Trillion |
|
Nanjing Iron & Steel Co Ltd
SHG:600282
|
China | CN¥70.14 Billion |
|
Yongxing Special Stainless Steel Co Ltd
SHE:002756
|
China | CN¥15.11 Billion |
|
Worthington Steel Inc
NYSE:WS
|
USA | $2.32 Billion |
|
Jai Balaji Industries Limited
NSE:JAIBALAJI
|
India | Rs40.77 Billion |
|
Rajratan Global Wire Limited
NSE:RAJRATAN
|
India | Rs11.59 Billion |
|
The Orissa Minerals Development Company Limited
NSE:ORISSAMINE
|
India | Rs5.00 Billion |
|
Gaon Group Ltd
TA:GAGR
|
Israel | ILA1.10 Billion |
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 | 1.54 | 1.52 | 1.09 |
| Quick Ratio | 0.67 | 0.58 | 0.41 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.24 Billion | NT$1.52 Billion | NT$263.29 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 | 0.71 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -5.4% |
| Total Assets | NT$9.65 Billion |
| Market Capitalization | $74.62 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hai Kwang Enterprise Corp's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Hai Kwang Enterprise Corp's assets decreased by 5.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Hai Kwang Enterprise Corp (2008–2025)
The table below shows the annual total assets of Hai Kwang Enterprise Corp from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | NT$9.65 Billion ≈ $303.99 Million |
-5.37% |
| 2024-12-31 | NT$10.20 Billion ≈ $321.23 Million |
+7.92% |
| 2023-12-31 | NT$9.45 Billion ≈ $297.65 Million |
+0.51% |
| 2022-12-31 | NT$9.40 Billion ≈ $296.14 Million |
+4.64% |
| 2021-12-31 | NT$8.98 Billion ≈ $282.99 Million |
+8.17% |
| 2020-12-31 | NT$8.30 Billion ≈ $261.61 Million |
+5.12% |
| 2019-12-31 | NT$7.90 Billion ≈ $248.86 Million |
-4.41% |
| 2018-12-31 | NT$8.26 Billion ≈ $260.33 Million |
+3.76% |
| 2017-12-31 | NT$7.96 Billion ≈ $250.89 Million |
+34.47% |
| 2016-12-31 | NT$5.92 Billion ≈ $186.58 Million |
-2.32% |
| 2015-12-31 | NT$6.06 Billion ≈ $191.01 Million |
-23.56% |
| 2014-12-31 | NT$7.93 Billion ≈ $249.88 Million |
+8.01% |
| 2013-12-31 | NT$7.34 Billion ≈ $231.35 Million |
-4.43% |
| 2012-12-31 | NT$7.68 Billion ≈ $242.07 Million |
+22.88% |
| 2011-12-31 | NT$6.25 Billion ≈ $197.00 Million |
+1.61% |
| 2010-12-31 | NT$6.15 Billion ≈ $193.89 Million |
+3.45% |
| 2009-12-31 | NT$5.95 Billion ≈ $187.43 Million |
-2.69% |
| 2008-12-31 | NT$6.11 Billion ≈ $192.61 Million |
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About Hai Kwang Enterprise Corp
Hai Kwang Enterprise Corporation engages in the manufacturing, processing, 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 also involved in real estate rental and leasing business. The company was founded in 1958 and is based in Kaohsiung City, Taiwan.