Hai Kwang Enterprise (TPE:2038) Total Assets: NT$9,649 Mil (As of Dec. 2025)


TPE:2038 Hai Kwang Enterprise Corp TPE:2038
66 GF Score
Price NT$13.20
GF Value NT$15.10
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hai Kwang Enterprise Total Assets?

Hai Kwang Enterprise TPE:2038 66 Total Assets is NT$9,649 Mil as of Dec. 2025. GuruFocus rates TPE:2038 with a GF Score™ of 66/100 and a GF Value™ of NT$15.10 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Hai Kwang Enterprise's Total Assets for the quarter that ended in Dec. 2025 was NT$9,649 Mil.

During the past 12 months, Hai Kwang Enterprise's average Total Assets Growth Rate was -5.40% per year. During the past 3 years, the average Total Assets Growth Rate was 1.10% per year. During the past 5 years, the average Total Assets Growth Rate was 2.90% per year. During the past 10 years, the average Total Assets Growth Rate was 6.10% per year.

During the past 13 years, Hai Kwang Enterprise's highest 3-Year average Total Assets Growth Rate was 17.80%. The lowest was -14.10%. And the median was 5.15%.

Total Assets is connected with ROA %. Hai Kwang Enterprise's annualized ROA % for the quarter that ended in Dec. 2025 was -3.47%. Total Assets is also linked to Revenue through Asset Turnover. Hai Kwang Enterprise's Asset Turnover for the quarter that ended in Dec. 2025 was 0.22.


Hai Kwang Enterprise  (TPE:2038) Total Assets Explanation

Total Assets is connected with ROA %.

Hai Kwang Enterprise's annualized ROA % for the quarter that ended in Dec. 2025 is

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-339.3/( (9891.075+9648.826)/ 2 )
=-339.3/9769.9505
=-3.47 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Hai Kwang Enterprise's Asset Turnover for the quarter that ended in Dec. 2025 is

Asset Turnover
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=2107.954/( (9891.075+9648.826)/ 2 )
=2107.954/9769.9505
=0.22

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Hai Kwang Enterprise Total Assets Related Terms


Hai Kwang Enterprise Total Assets Historical Data

* Premium members only.

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

Hai Kwang Enterprise Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,982.32 9,399.53 9,447.56 10,195.88 9,648.83

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
Total 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 10,195.88 10,031.32 9,730.17 9,891.08 9,648.83
TPE:2038
66GF Score
Hai Kwang Enterprise Corp TPE:2038
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hai Kwang Enterprise Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Hai Kwang Enterprise's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=3988.998+5659.828
=9,649

Hai Kwang Enterprise's Total Assets for the quarter that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (Q: Dec. 2025 )+Total Liabilities (Q: Dec. 2025 )
=3988.998+5659.828
=9,649

* 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 Total Assets →
What does a Total Assets of NT$9,649 Mil mean?
Hai Kwang Enterprise (TPE:2038) has a Total Assets of NT$9,649 Mil as of Dec. 2025. The total amount of assets as recorded on a company's balance sheet. View historical data on Hai Kwang Enterprise and its competitors.
Is Hai Kwang Enterprise's Total Assets too high?
Hai Kwang Enterprise's current Total Assets is NT$9,649 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 Total Assets compare to NUE and STLD?
Hai Kwang Enterprise's Total Assets of NT$9,649 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 Total Assets for a Steel company?
A good Total Assets depends on the Steel industry context. However, Total 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Hai Kwang Enterprise and its competitors. Hai Kwang Enterprise's current Total Assets is NT$9,649 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$15.10, compared to a current price of NT$13.20 — trading 12.6% below its estimated fair value. The current Total Assets is NT$9,649 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 Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Hai Kwang Enterprise (TPE:2038), the current Total Assets is NT$9,649 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$13.20 is trading 12.6% below its estimated GF Value™ of NT$15.10. GuruFocus considers Hai Kwang Enterprise to be Modestly Undervalued.

Key valuation signals for TPE:2038:

  • Total Assets: NT$9,649 Mil
  • GF Value™: NT$15.10 vs. price of NT$13.20 (12.6% 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

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

NT$13.20
Price
NT$15.10
GF Value