Hai Kwang Enterprise Corporation

TWSE:2038 Stock Report

Market Cap: NT$3.3b

Hai Kwang Enterprise Past Earnings Performance

Past criteria checks 1/6

Hai Kwang Enterprise has been growing earnings at an average annual rate of 33.6%, while the Metals and Mining industry saw earnings growing at 16.9% annually. Revenues have been growing at an average rate of 6% per year. Hai Kwang Enterprise's return on equity is 0.2%, and it has net margins of 0.3%.

Key information

33.6%

Earnings growth rate

33.6%

EPS growth rate

Metals and Mining Industry Growth25.3%
Revenue growth rate6.0%
Return on equity0.2%
Net Margin0.3%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Returns Are Gaining Momentum At Hai Kwang Enterprise (TWSE:2038)

Oct 01
Returns Are Gaining Momentum At Hai Kwang Enterprise (TWSE:2038)

Hai Kwang Enterprise (TWSE:2038) Takes On Some Risk With Its Use Of Debt

Aug 09
Hai Kwang Enterprise (TWSE:2038) Takes On Some Risk With Its Use Of Debt

How Does Hai Kwang Enterprise Corporation (TPE:2038) Fare As A Dividend Stock?

Apr 21
How Does Hai Kwang Enterprise Corporation (TPE:2038) Fare As A Dividend Stock?

Does Hai Kwang Enterprise (TPE:2038) Have A Healthy Balance Sheet?

Mar 31
Does Hai Kwang Enterprise (TPE:2038) Have A Healthy Balance Sheet?

Will The ROCE Trend At Hai Kwang Enterprise (TPE:2038) Continue?

Feb 28
Will The ROCE Trend At Hai Kwang Enterprise (TPE:2038) Continue?

Is Hai Kwang Enterprise's (TPE:2038) Share Price Gain Of 220% Well Earned?

Jan 24
Is Hai Kwang Enterprise's (TPE:2038) Share Price Gain Of 220% Well Earned?

Hai Kwang Enterprise (TPE:2038) Seems To Be Using A Lot Of Debt

Dec 20
Hai Kwang Enterprise (TPE:2038) Seems To Be Using A Lot Of Debt

Revenue & Expenses Breakdown

How Hai Kwang Enterprise makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2038 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 249,320272022
31 Mar 249,286492032
31 Dec 239,365532031
30 Sep 239,3501042021
30 Jun 2310,2331582111
31 Mar 2310,6981792111
31 Dec 2211,0452112071
30 Sep 2211,5043212211
30 Jun 2210,9583422141
31 Mar 2210,6414612171
31 Dec 2110,2254602111
30 Sep 219,2493901961
30 Jun 218,3913391941
31 Mar 218,0152191812
31 Dec 207,6011581752
30 Sep 207,680-21622
30 Jun 207,679-1101493
31 Mar 207,695-1771433
31 Dec 197,954-2541393
30 Sep 198,126-3071424
30 Jun 198,109-3301375
31 Mar 198,112-2991356
31 Dec 188,142-1971436
30 Sep 187,647591457
30 Jun 187,3611191518
31 Mar 186,406861647
31 Dec 175,266111626
30 Sep 174,696301655
30 Jun 174,556621623
31 Mar 174,699821512
31 Dec 164,7601131462
30 Sep 165,112-711302
30 Jun 165,862-1281392
31 Mar 166,775-1201402
31 Dec 158,024-2001521
30 Sep 158,575-2511691
30 Jun 159,480-1641671
31 Mar 1510,169-1891741
31 Dec 1410,940-1531752
30 Sep 1412,438-101822
30 Jun 1412,214-571842
31 Mar 1411,875-1171852
31 Dec 1311,842-651902

Quality Earnings: 2038 has a large one-off gain of NT$17.6M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: 2038's current net profit margins (0.3%) are lower than last year (1.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2038 has become profitable over the past 5 years, growing earnings by 33.6% per year.

Accelerating Growth: 2038's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2038 had negative earnings growth (-82.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (11.9%).


Return on Equity

High ROE: 2038's Return on Equity (0.2%) is considered low.


Return on Assets


Return on Capital Employed


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