Taiwan · Delayed Price · Currency is TWD Hai Kwang Enterprise Statistics
Total Valuation
TPE:2038 has a market cap or net worth of TWD 3.01 billion. The enterprise value is 7.32 billion.
| Market Cap | 3.01B |
| Enterprise Value | 7.32B |
Important Dates
The next estimated earnings date is Wednesday, March 25, 2026.
| Earnings Date | Mar 25, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
TPE:2038 has 194.13 million shares outstanding. The number of shares has increased by 0.18% in one year.
| Current Share Class | 194.13M |
| Shares Outstanding | 194.13M |
| Shares Change (YoY) | +0.18% |
| Shares Change (QoQ) | +1.22% |
| Owned by Insiders (%) | 11.07% |
| Owned by Institutions (%) | 0.47% |
| Float | 97.04M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.34 |
| PB Ratio | 0.75 |
| P/TBV Ratio | 0.80 |
| P/FCF Ratio | 23.35 |
| P/OCF Ratio | 8.04 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 27.90, with an EV/FCF ratio of 56.79.
| EV / Earnings | -67.11 |
| EV / Sales | 0.82 |
| EV / EBITDA | 27.90 |
| EV / EBIT | n/a |
| EV / FCF | 56.79 |
Financial Position
The company has a current ratio of 1.45, with a Debt / Equity ratio of 1.16.
| Current Ratio | 1.45 |
| Quick Ratio | 0.50 |
| Debt / Equity | 1.16 |
| Debt / EBITDA | 17.60 |
| Debt / FCF | 35.83 |
| Interest Coverage | -0.77 |
Financial Efficiency
Return on equity (ROE) is -3.12% and return on invested capital (ROIC) is -0.96%.
| Return on Equity (ROE) | -3.12% |
| Return on Assets (ROA) | -0.49% |
| Return on Invested Capital (ROIC) | -0.96% |
| Return on Capital Employed (ROCE) | -1.15% |
| Weighted Average Cost of Capital (WACC) | 5.35% |
| Revenue Per Employee | 24.18M |
| Profits Per Employee | -295,520 |
| Employee Count | 369 |
| Asset Turnover | 0.90 |
| Inventory Turnover | 3.30 |
Taxes
In the past 12 months, TPE:2038 has paid 1.02 million in taxes.
| Income Tax | 1.02M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -16.57% in the last 52 weeks. The beta is 1.21, so TPE:2038's price volatility has been higher than the market average.
| Beta (5Y) | 1.21 |
| 52-Week Price Change | -16.57% |
| 50-Day Moving Average | 15.15 |
| 200-Day Moving Average | 14.94 |
| Relative Strength Index (RSI) | 53.85 |
| Average Volume (20 Days) | 1,144,180 |
Short Selling Information
| Short Interest | n/a |
| Short Previous Month | n/a |
| Short % of Shares Out | n/a |
| Short % of Float | n/a |
| Short Ratio (days to cover) | n/a |
Income Statement
In the last 12 months, TPE:2038 had revenue of TWD 8.92 billion and -109.05 million in losses. Loss per share was -0.56.
| Revenue | 8.92B |
| Gross Profit | 117.58M |
| Operating Income | -77.68M |
| Pretax Income | -126.86M |
| Net Income | -109.05M |
| EBITDA | 262.33M |
| EBIT | -77.68M |
| Loss Per Share | -0.56 |
Balance Sheet
The company has 510.08 million in cash and 4.62 billion in debt, with a net cash position of -4.11 billion or -21.15 per share.
| Cash & Cash Equivalents | 510.08M |
| Total Debt | 4.62B |
| Net Cash | -4.11B |
| Net Cash Per Share | -21.15 |
| Equity (Book Value) | 3.99B |
| Book Value Per Share | 19.27 |
| Working Capital | 1.30B |
Cash Flow
In the last 12 months, operating cash flow was 374.43 million and capital expenditures -245.57 million, giving a free cash flow of 128.86 million.
| Operating Cash Flow | 374.43M |
| Capital Expenditures | -245.57M |
| Depreciation & Amortization | 340.01M |
| Net Borrowing | -199.26M |
| Free Cash Flow | 128.86M |
| FCF Per Share | 0.66 |
Margins
Gross margin is 1.32%, with operating and profit margins of -0.87% and -1.22%.
| Gross Margin | 1.32% |
| Operating Margin | -0.87% |
| Pretax Margin | -1.42% |
| Profit Margin | -1.22% |
| EBITDA Margin | 2.94% |
| EBIT Margin | -0.87% |
| FCF Margin | 1.44% |
Dividends & Yields
This stock pays an annual dividend of 0.20, which amounts to a dividend yield of 1.21%.
| Dividend Per Share | 0.20 |
| Dividend Yield | 1.21% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -0.18% |
| Shareholder Yield | 1.03% |
| Earnings Yield | -3.62% |
| FCF Yield | 4.28% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock Splits
The last stock split was on August 28, 2025. It was a forward split with a ratio of 1.02.
| Last Split Date | Aug 28, 2025 |
| Split Type | Forward |
| Split Ratio | 1.02 |
Scores
TPE:2038 has an Altman Z-Score of 1.45 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.45 |
| Piotroski F-Score | 3 |