2038.TW
Price:
$14
Market Cap:
$2.72B
Hai Kwang Enterprise Corporation engages in the manufacturing, processing, trading, and sales of steel billets and bars in Taiwan. The company was founded in 1958 and is based in Kaohsiung, Taiwan.
Industry
Steel
IPO Date
2008-12-30
Stock Exchange
TAI
Ticker
2038.TW
According to Hai Kwang Enterprise Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.54. This represents a change of 18.58% compared to the average of 1.29 of the last 4 quarters.
The mean historical Current Ratio of Hai Kwang Enterprise Corporation over the last ten years is 1.17. The current 1.54 Current Ratio has changed 13.03% with respect to the historical average. Over the past ten years (40 quarters), 2038.TW's Current Ratio was at its highest in in the December 2016 quarter at 1.66. The Current Ratio was at its lowest in in the December 2019 quarter at 0.91.
Average
1.17
Median
1.10
Minimum
0.91
Maximum
1.66
Discovering the peaks and valleys of Hai Kwang Enterprise Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 50.40%
Maximum Annual Current Ratio = 1.66
Minimum Annual Increase = -24.77%
Minimum Annual Current Ratio = 0.91
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.16 | 15.74% |
| 2023 | 1.01 | -7.98% |
| 2022 | 1.09 | 3.99% |
| 2021 | 1.05 | -4.24% |
| 2020 | 1.10 | 20.68% |
| 2019 | 0.91 | -24.77% |
| 2018 | 1.21 | -14.20% |
| 2017 | 1.41 | -15.21% |
| 2016 | 1.66 | 50.40% |
| 2015 | 1.10 | 4.15% |
The current Current Ratio of Hai Kwang Enterprise Corporation (2038.TW) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.09
5-year avg
1.08
10-year avg
1.17
Hai Kwang Enterprise Corporation’s Current Ratio is less than Tycoons Group Enterprise Co.,Ltd. (2.14), greater than Yuen Chang Stainless Steel Co., Ltd. (1.16), less than TMP Steel Corporation (1.87), less than All Cosmos Bio-Tech Holding Corporation (4.07), less than Sinkang Industries Co., Ltd. (4.12), less than Wellpool Co., Ltd. (2.23), greater than Chain Chon Industrial Co., Ltd. (1.02), less than Ion Electronic Materials Co., Ltd. (2.38), less than Morn Sun Feed Mill Corp. (1.90), greater than Yieh Hsing Enterprise Co., Ltd. (0.51),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.14 | $2.77B | |
| 1.16 | $2.76B | |
| 1.87 | $1.89B | |
| 4.07 | $2.77B | |
| 4.12 | $1.85B | |
| 2.23 | $2.65B | |
| 1.02 | $1.86B | |
| 2.38 | $2.29B | |
| 1.90 | $2.59B | |
| 0.51 | $3.89B |
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