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2038.TW

SELL

Hai Kwang Enterprise Corporation · Basic Materials · Taiwan · $81M · Avg Vol: $172K/d

24
StockRank
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Q
32
V
52
M
30
P/E (TTM)
—
ROE
-4.1%
D/E
1.0x
Dividend %
—
Dir. Trades · 180d
None →
Buybacks · 180d
None →

COMPANY DESCRIPTION

Hai Kwang Enterprise Corporation manufactures steel rebars and steel billets primarily for the Taiwanese domestic market. The company's competitive moat is built on its localized distribution and strong relationships with domestic construction and infrastructure developers. It operates as a pure-play construction steel manufacturer directly tied to Taiwan's public works and real estate development cycles.

FINANCIAL SUMMARY (USD)

Year20212022202320242025CAGRTTM
Revenue—346.8M294.1M305.4M280.2M-6.9%261.9M
EPS0.070.030.010.01-0.02-56.9%-0.02
Shares—190.3M190.3M190.3M194.1M+2.0%194.1M
Debt—126.4M132.2M152.2M145.6M4.8%123.2M
Equity—114.7M116.2M125.1M118.9M1.2%—
Op CF—1.4M3.5M-9.2M11.8M101.6%25.3M
Inv CF—-14.9M-13.1M-4.9M-6.1M——
Fin CF—10.7M5.8M20.7M-6.3M——
Loading 1Y...
PRICE (1Y)-8.7%
0.410.420.430.440.45Jun 4Jun 26Jul 16
SMA 50SMA 200
Close
$0.4098
RSI (14)
45.0
52W High
$0.5621
From 52W High
0.7%

SCORE BREAKDOWN

Quality
32
ROIC
-0.4%37.6
ROE
-4.1%32.0
GP/Assets
0.6%15.8
Op. Margin
-0.5%16.4
FCF/Assets
6.0%78.5
Piotroski
315.5
Int. Cover
-0.3x27.8
D/E Ratio
0.98x12.0
Current Ratio
1.54x36.0
Value
52
P/E (TTM)
—N/A
EV/EBITDA
29.6x16.3
P/FCF
4.4x92.8
P/B
0.7x86.0
P/S
0.3x89.8
Div Yield
—N/A
Momentum
30
52W High %
73%66.3
RS 6M
-63%4.3
SMA 50/200
0.94x32.3
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
—N/A
Q Growth
-58%7.8

FUNDAMENTALS

Market Cap
$81M
P/E (Forward)
—
Gross Margin
0.7%

SECTOR PEERS

Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 2038.TW are excluded.

TickerCompanyMkt CapStockRankSignal
2038.TWHai Kwang Enterprise Corporation(you)$81M24SELL
2025.TWChien Shing Stainless Steel Co., Ltd.$70M26SELL
2017.TWQuintain Steel Co., LTD.$121M15STRONG SELL
2012.TWChun Yu Works & Co., Ltd.$134M36HOLD
2007.TWYieh Hsing Enterprise Co., Ltd.$118M9STRONG SELL
2034.TWYC Inox Co.,Ltd$331M21SELL
2020.TWMayer Steel Pipe Corporation$180M49HOLD
2028.TWWei Chih Steel Industrial Co., Ltd.$163M53HOLD
2023.TWYieh Phui Enterprise Co., Ltd.$784M23SELL
2014.TWChung Hung Steel Corporation$789M29SELL

Peer medians: ROE 4.2% · P/E 25.9x · Gross margin 13.8%

Hai Kwang Enterprise Corporation (2038.TW) — Stock Score Summary

Hai Kwang Enterprise Corporation (2038.TW) has a MoatMap StockRank of 24/100 based on Quality (32/100), Value (52/100), and Momentum (30/100) factor scores. The current signal is SELL.

Hai Kwang Enterprise Corporation manufactures steel rebars and steel billets primarily for the Taiwanese domestic market. The company's competitive moat is built on its localized distribution and strong relationships with domestic construction and infrastructure developers. It operates as a pure-play construction steel manufacturer directly tied to Taiwan's public works and real estate development cycles.

Key Financial Metrics

Price$0.41
Market Cap$81M
Price/Book0.67
Return on Equity-4.1%
Return on Invested Capital-0.4%
Debt/Equity0.98x
Gross Margin0.7%
Operating Margin-0.5%
Revenue Growth-23.1%
Free Cash Flow$18M

Hai Kwang Enterprise Corporation operates in the Steel industry, part of the Basic Materials sector (Taiwan).

Frequently Asked Questions

What is Hai Kwang Enterprise Corporation’s (2038.TW) StockRank?
MoatMap’s StockRank for Hai Kwang Enterprise Corporation (2038.TW) is 24/100, with a Sell signal. It is a composite of Quality (32), Value (52), and Momentum (30) factor ranks across MoatMap’s 20,000+ stock universe.
Does Hai Kwang Enterprise Corporation have an economic moat?
Hai Kwang Enterprise Corporation (2038.TW) has a Quality factor score of 32/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Hai Kwang Enterprise Corporation a buy, hold, or sell?
MoatMap’s current signal for Hai Kwang Enterprise Corporation (2038.TW) is Sell, based on a StockRank of 24/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Hai Kwang Enterprise Corporation in?
Hai Kwang Enterprise Corporation (2038.TW) operates in the Basic Materials sector, specifically the Steel industry (Taiwan).
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