Hai Kwang Enterprise Past Earnings Performance
Past criteria checks 1/6
Hai Kwang Enterprise has been growing earnings at an average annual rate of 42.8%, while the Metals and Mining industry saw earnings growing at 18.8% annually. Revenues have been growing at an average rate of 6.6% per year. Hai Kwang Enterprise's return on equity is 0.7%, and it has net margins of 0.5%.
Key information
42.8%
Earnings growth rate
42.8%
EPS growth rate
| Metals and Mining Industry Growth | 25.3% |
| Revenue growth rate | 6.6% |
| Return on equity | 0.7% |
| Net Margin | 0.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
How Does Hai Kwang Enterprise Corporation (TPE:2038) Fare As A Dividend Stock?
Apr 21
Does Hai Kwang Enterprise (TPE:2038) Have A Healthy Balance Sheet?
Mar 31Will The ROCE Trend At Hai Kwang Enterprise (TPE:2038) Continue?
Feb 28Is Hai Kwang Enterprise's (TPE:2038) Share Price Gain Of 220% Well Earned?
Jan 24Hai Kwang Enterprise (TPE:2038) Seems To Be Using A Lot Of Debt
Dec 20
Revenue & Expenses Breakdown
How Hai Kwang Enterprise makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 9,286 | 49 | 203 | 2 |
| 31 Dec 23 | 9,365 | 53 | 203 | 1 |
| 30 Sep 23 | 9,350 | 104 | 202 | 1 |
| 30 Jun 23 | 10,233 | 158 | 211 | 1 |
| 31 Mar 23 | 10,698 | 179 | 211 | 1 |
| 31 Dec 22 | 11,045 | 211 | 207 | 1 |
| 30 Sep 22 | 11,504 | 321 | 221 | 1 |
| 30 Jun 22 | 10,958 | 342 | 214 | 1 |
| 31 Mar 22 | 10,641 | 461 | 217 | 1 |
| 31 Dec 21 | 10,225 | 460 | 211 | 1 |
| 30 Sep 21 | 9,249 | 390 | 196 | 1 |
| 30 Jun 21 | 8,391 | 339 | 194 | 1 |
| 31 Mar 21 | 8,015 | 219 | 181 | 2 |
| 31 Dec 20 | 7,601 | 158 | 175 | 2 |
| 30 Sep 20 | 7,680 | -2 | 162 | 2 |
| 30 Jun 20 | 7,679 | -110 | 149 | 3 |
| 31 Mar 20 | 7,695 | -177 | 143 | 3 |
| 31 Dec 19 | 7,954 | -254 | 139 | 3 |
| 30 Sep 19 | 8,126 | -307 | 142 | 4 |
| 30 Jun 19 | 8,109 | -330 | 137 | 5 |
| 31 Mar 19 | 8,112 | -299 | 135 | 6 |
| 31 Dec 18 | 8,142 | -197 | 143 | 6 |
| 30 Sep 18 | 7,647 | 59 | 145 | 7 |
| 30 Jun 18 | 7,361 | 119 | 151 | 8 |
| 31 Mar 18 | 6,406 | 86 | 164 | 7 |
| 31 Dec 17 | 5,266 | 11 | 162 | 6 |
| 30 Sep 17 | 4,696 | 30 | 165 | 5 |
| 30 Jun 17 | 4,556 | 62 | 162 | 3 |
| 31 Mar 17 | 4,699 | 82 | 151 | 2 |
| 31 Dec 16 | 4,760 | 113 | 146 | 2 |
| 30 Sep 16 | 5,112 | -71 | 130 | 2 |
| 30 Jun 16 | 5,862 | -128 | 139 | 2 |
| 31 Mar 16 | 6,775 | -120 | 140 | 2 |
| 31 Dec 15 | 8,024 | -200 | 152 | 1 |
| 30 Sep 15 | 8,575 | -251 | 169 | 1 |
| 30 Jun 15 | 9,480 | -164 | 167 | 1 |
| 31 Mar 15 | 10,169 | -189 | 174 | 1 |
| 31 Dec 14 | 10,940 | -153 | 175 | 2 |
| 30 Sep 14 | 12,438 | -10 | 182 | 2 |
| 30 Jun 14 | 12,214 | -57 | 184 | 2 |
| 31 Mar 14 | 11,875 | -117 | 185 | 2 |
| 31 Dec 13 | 11,842 | -65 | 190 | 2 |
| 30 Sep 13 | 11,255 | -54 | 193 | 2 |
| 30 Jun 13 | 11,605 | -15 | 193 | 2 |
Quality Earnings: 2038 has a large one-off gain of NT$17.3M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 2038's current net profit margins (0.5%) are lower than last year (1.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2038 has become profitable over the past 5 years, growing earnings by 42.8% 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 (-72.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (6%).
Return on Equity
High ROE: 2038's Return on Equity (0.7%) is considered low.