Hai Kwang Enterprise (TPE:2038) Other Current Assets: NT$133 Mil (As of Dec. 2025)

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TPE:2038 Hai Kwang Enterprise Corp TPE:2038
66 GF Score
Price NT$12.75
GF Value NT$15.06
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hai Kwang Enterprise Other Current Assets?

Hai Kwang Enterprise TPE:2038 -0.39% 66 Other Current Assets is NT$133 Mil as of Dec. 2025. GuruFocus rates TPE:2038 with a GF Score™ of 66/100 and a GF Value™ of NT$15.06 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Hai Kwang Enterprise's other current assets for the quarter that ended in Dec. 2025 was NT$133 Mil.

Hai Kwang Enterprise's quarterly other current assets increased from Jun. 2025 (NT$78 Mil) to Sep. 2025 (NT$272 Mil) but then declined from Sep. 2025 (NT$272 Mil) to Dec. 2025 (NT$133Mil).

Hai Kwang Enterprise's annual other current assets increased from Dec. 2023 (NT$124 Mil) to Dec. 2024 (NT$158 Mil) declined from Dec. 2024 (NT$158 Mil) to Dec. 2025 (NT$133 Mil).


Hai Kwang Enterprise Other Current Assets Related Terms


Hai Kwang Enterprise Other Current Assets Historical Data

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The historical data trend for Hai Kwang Enterprise's Other Current Assets 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 Other Current Assets Chart

Hai Kwang Enterprise Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.08 300.11 124.20 157.90 133.24

Hai Kwang Enterprise Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Other Current Assets 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 157.90 117.18 77.84 271.53 133.24
TPE:2038
66GF Score
Hai Kwang Enterprise Corp TPE:2038
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hai Kwang Enterprise Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of NT$133 Mil mean?
Hai Kwang Enterprise (TPE:2038) has a Other Current Assets of NT$133 Mil as of Dec. 2025. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Hai Kwang Enterprise.
Is Hai Kwang Enterprise's Other Current Assets too high?
Hai Kwang Enterprise's current Other Current Assets is NT$133 Mil. 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 Other Current Assets compare to NUE and STLD?
Hai Kwang Enterprise's Other Current Assets of NT$133 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 Other Current Assets for a Steel company?
A good Other Current Assets depends on the Steel industry context. However, Other Current Assets 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 Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Hai Kwang Enterprise. Hai Kwang Enterprise's current Other Current Assets is NT$133 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 Modestly Undervalued. The stock's GF Value™ is NT$15.06, compared to a current price of NT$12.75 — trading 15.3% below its estimated fair value. The current Other Current Assets is NT$133 Mil. 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 Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Hai Kwang Enterprise (TPE:2038), the current Other Current Assets is NT$133 Mil 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$12.75 is trading 15.3% below its estimated GF Value™ of NT$15.06. GuruFocus considers Hai Kwang Enterprise to be Modestly Undervalued.

Key valuation signals for TPE:2038:

  • Other Current Assets: NT$133 Mil
  • GF Value™: NT$15.06 vs. price of NT$12.75 (15.3% below fair value)
  • GF Score™: 66/100 with 6 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.
66GF Score

Get the complete analysis for TPE:2038

Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$12.75
Price
NT$15.06
GF Value