Hai Kwang Enterprise (TPE:2038) Change In Inventory: NT$738 Mil (TTM As of Mar. 2026)

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TPE:2038 Hai Kwang Enterprise Corp TPE:2038
69 GF Score
Price NT$12.80
GF Value NT$14.03
Valuation Fairly Valued
! 5 Warning Signs
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What is Hai Kwang Enterprise Change In Inventory?

Hai Kwang Enterprise TPE:2038 +2.40% 69 Change In Inventory is NT$738 Mil as of Mar. 2026. GuruFocus rates TPE:2038 with a GF Score™ of 69/100 and a GF Value™ of NT$14.03 (Fairly Valued). The stock has 5 warning signs investors should review.

Hai Kwang Enterprise's change in inventory for the quarter that ended in Mar. 2026 was NT$538 Mil. It means Hai Kwang Enterprise's inventory declined by NT$538 Mil from Dec. 2025 to Mar. 2026 .

Hai Kwang Enterprise's change in inventory for the fiscal year that ended in Dec. 2025 was NT$260 Mil. It means Hai Kwang Enterprise's inventory declined by NT$260 Mil from Dec. 2024 to Dec. 2025 .

Hai Kwang Enterprise's Total Inventories for the quarter that ended in Mar. 2026 was NT$1,999 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hai Kwang Enterprise's Days Inventory for the quarter that ended in Mar. 2026 was 108.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hai Kwang Enterprise's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.84.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Hai Kwang Enterprise's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.17.

Hai Kwang Enterprise  (TPE:2038) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Hai Kwang Enterprise's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2268.2565/1900.619*365 / 4
=108.90

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Hai Kwang Enterprise's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1900.619 / 2268.2565
=0.84

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Hai Kwang Enterprise's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2268.2565 / 1937.498
=1.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hai Kwang Enterprise Change In Inventory Related Terms

Hai Kwang Enterprise Change In Inventory Historical Data

* Premium members only.

The historical data trend for Hai Kwang Enterprise's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hai Kwang Enterprise Change In Inventory Chart

Hai Kwang Enterprise Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 452.93 -73.14 -33.55 -663.65 259.98

Hai Kwang Enterprise Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.39 390.28 -382.16 191.47 538.48
TPE:2038
69GF Score
Hai Kwang Enterprise Corp TPE:2038
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Hai Kwang Enterprise Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$738 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of NT$738 Mil mean?
Hai Kwang Enterprise (TPE:2038) has a Change In Inventory of NT$738 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Hai Kwang Enterprise and its competitors.
Is Hai Kwang Enterprise's Change In Inventory too high?
Hai Kwang Enterprise's current Change In Inventory is NT$738 Mil. Overall, Hai Kwang Enterprise has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hai Kwang Enterprise's Change In Inventory compare to NUE and STLD?
Hai Kwang Enterprise's Change In Inventory of NT$738 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Steel company?
A good Change In Inventory depends on the Steel industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Hai Kwang Enterprise and its competitors. Hai Kwang Enterprise's current Change In Inventory is NT$738 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hai Kwang Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Hai Kwang Enterprise (TPE:2038) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.03, compared to a current price of NT$12.80 — trading 8.8% below its estimated fair value. The current Change In Inventory is NT$738 Mil. Hai Kwang Enterprise's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Hai Kwang Enterprise (TPE:2038), the current Change In Inventory is NT$738 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hai Kwang Enterprise (TPE:2038) Overvalued in 2026?

Based on GuruFocus' analysis, Hai Kwang Enterprise stock appears to be undervalued. The current stock price of NT$12.80 is trading 8.8% below its estimated GF Value™ of NT$14.03. GuruFocus considers Hai Kwang Enterprise to be Fairly Valued.

Key valuation signals for TPE:2038:

  • Change In Inventory: NT$738 Mil
  • GF Value™: NT$14.03 vs. price of NT$12.80 (8.8% below fair value)
  • GF Score™: 69/100 with 5 warning signs

No single metric tells the full story. See the TPE:2038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hai Kwang Enterprise Business Description

Address No. 12, Yanhai 2nd Road, Xiaogang District, Kaohsiung City, TWN
Hai Kwang Enterprise Corp is engaged in the manufacture, processing, sale, and trade of billets and reinforcing steel bars. The Company also engages in real estate rental and leasing. It operates through Hai Kwang Enterprise Co., Ltd and Zheng Tung (formerly E Chang), with Hai Kwang Enterprise Co., Ltd generating maximum revenue. The main operating location of the Company and its subsidiaries is Taiwan.
69GF Score

Get the complete analysis for TPE:2038

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$12.80
Price
NT$14.03
GF Value