Hai Kwang Enterprise (TPE:2038) Total Operating Expense: NT$195 Mil (TTM 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 Operating Expense?

Hai Kwang Enterprise TPE:2038 66 Total Operating Expense is NT$195 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 Operating Expense for the three months ended in Dec. 2025 was NT$47 Mil. Hai Kwang Enterprise's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was NT$195 Mil.


Hai Kwang Enterprise Total Operating Expense Related Terms


Hai Kwang Enterprise Total Operating Expense Historical Data

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

Hai Kwang Enterprise Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 211.93 207.82 203.93 206.81 195.26

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 Operating Expense 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 52.71 55.45 49.60 43.24 46.97
TPE:2038
66GF Score
Hai Kwang Enterprise Corp TPE:2038
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Hai Kwang Enterprise Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$195 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.

What does a Total Operating Expense of NT$195 Mil mean?
Hai Kwang Enterprise (TPE:2038) has a Total Operating Expense of NT$195 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Hai Kwang Enterprise and its competitors.
Is Hai Kwang Enterprise's Total Operating Expense too high?
Hai Kwang Enterprise's current Total Operating Expense is NT$195 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 Operating Expense compare to NUE and STLD?
Hai Kwang Enterprise's Total Operating Expense of NT$195 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 Operating Expense for a Steel company?
A good Total Operating Expense depends on the Steel industry context. However, Total Operating Expense 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 Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Hai Kwang Enterprise and its competitors. Hai Kwang Enterprise's current Total Operating Expense is NT$195 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 Operating Expense is NT$195 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 Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Hai Kwang Enterprise (TPE:2038), the current Total Operating Expense is NT$195 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 Operating Expense: NT$195 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 Operating Expense 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