The historical rank and industry rank for Hai Kwang Enterprise's Net Margin % or its related term are showing as below:
TPE:2038'
s Net Margin % Range Over the Past 10 Years
Min: -3.19 Med: 0.48 Max: 4.5
Current: -1.22
TPE:2038's Net Margin % is ranked worse than 75.74% of 610
companies
in the Steel industry
Industry Median: 1.865
vs TPE:2038: -1.22
Hai Kwang Enterprise (TPE:2038) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Hai Kwang Enterprise Net Margin % Related Terms
Hai Kwang Enterprise Net Margin % Historical Data
* Premium members only.
The historical data trend for Hai Kwang Enterprise's Net Margin % 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.
TPE:2038 vs NUE, STLD, RS: Net Margin % Comparison
For the Steel subindustry, Hai Kwang Enterprise's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hai Kwang Enterprise Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Hai Kwang Enterprise's Net Margin % distribution charts can be found below:
* The bar in red indicates where Hai Kwang Enterprise's Net Margin % falls into.
* 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 (TPE:2038) has a Net Margin % of -4.02% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Hai Kwang Enterprise and its competitors. According to the industry distribution chart, Hai Kwang Enterprise ranks #462 out of 610 companies in the Steel industry, placing it in the top 75.7%.
Is Hai Kwang Enterprise's Net Margin % too high?
Hai Kwang Enterprise's current Net Margin % is -4.02%. Based on the distribution chart, Hai Kwang Enterprise ranks #462 out of 610 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Hai Kwang Enterprise has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hai Kwang Enterprise's Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Hai Kwang Enterprise ranks #462 out of 610 companies for Net Margin %. This places Hai Kwang Enterprise in the lower half of its industry. The industry median Net Margin % is 1.87. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Steel company?
The median Net Margin % among Steel companies is 1.87, based on 610 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Hai Kwang Enterprise and its competitors. For the Steel industry, the median Net Margin % is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hai Kwang Enterprise's current Net Margin % is -4.02%. 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 Modestly Undervalued. The stock's GF Value™ is NT$15.11, compared to a current price of NT$13.20 — trading 12.6% below its estimated fair value. The current Net Margin % is -4.02%. Hai Kwang Enterprise's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Hai Kwang Enterprise (TPE:2038), the current Net Margin % is -4.02% as of Dec. 2025. 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$13.20 is trading 12.6% below its estimated GF Value™ of NT$15.11.
GuruFocus considers Hai Kwang Enterprise to be Modestly Undervalued.
Key valuation signals for TPE:2038:
Net Margin %: -4.02%
GF Value™: NT$15.11 vs. price of NT$13.20 (12.6% below fair value)
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 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.
66GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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