Hai Kwang Enterprise's ROE % for the quarter that ended in Dec. 2025 was -8.81%. Hai Kwang Enterprise's PB Ratio for the quarter that ended in Dec. 2025 was 0.75.
Hai Kwang Enterprise's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was -11.75%.
Hai Kwang Enterprise ROE % Adjusted to Book Value Related Terms
Hai Kwang Enterprise ROE % Adjusted to Book Value Historical Data
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The historical data trend for Hai Kwang Enterprise's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart
TPE:2038 vs NUE, STLD, RS: ROE % Adjusted to Book Value Comparison
For the Steel subindustry, Hai Kwang Enterprise's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Steel Industry
For the Steel industry and Basic Materials sector, Hai Kwang Enterprise's ROE % Adjusted to Book Value distribution charts can be found below:
* The bar in red indicates where Hai Kwang Enterprise's ROE % Adjusted to Book Value 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.
What does a ROE % Adjusted to Book Value of -11.75% mean?
Hai Kwang Enterprise (TPE:2038) has a ROE % Adjusted to Book Value of -11.75% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Hai Kwang Enterprise and its competitors.
Is Hai Kwang Enterprise's ROE % Adjusted to Book Value too high?
Hai Kwang Enterprise's current ROE % Adjusted to Book Value is -11.75%. 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 ROE % Adjusted to Book Value compare to NUE and STLD?
Hai Kwang Enterprise's ROE % Adjusted to Book Value of -11.75% 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 ROE % Adjusted to Book Value for a Steel company?
A good ROE % Adjusted to Book Value depends on the Steel industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Hai Kwang Enterprise and its competitors. Hai Kwang Enterprise's current ROE % Adjusted to Book Value is -11.75%. 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 ROE % Adjusted to Book Value is -11.75%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Hai Kwang Enterprise (TPE:2038), the current ROE % Adjusted to Book Value is -11.75% 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:
ROE % Adjusted to Book Value: -11.75%
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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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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