Hai Kwang (Taiwan) Today
| 2038 Stock | TWD 15.70 0.15 0.96% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Hai Kwang is selling for under 15.70 as of the 24th of December 2024; that is 0.96% increase since the beginning of the trading day. The stock's lowest day price was 15.6. Hai Kwang has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 4th of January 2023 and ending today, the 24th of December 2024. Click here to learn more.
Hai Kwang Enterprise Corporation manufactures and sells steel and billets in Taiwan and internationally. The company was founded in 1988 and is based in Kaohsiung, Taiwan. HAI KWANG is traded on Taiwan Stock Exchange in Taiwan. The company has 181.26 M outstanding shares. More on Hai Kwang Enterprise
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Hai Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hai Kwang's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hai Kwang or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Materials, Metals & Mining, Steel, Basic Materials (View all Sectors) |
Hai Kwang Enterprise (2038) is traded on Taiwan Stock Exchange in Taiwan and employs 14 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hai Kwang's market, we take the total number of its shares issued and multiply it by Hai Kwang's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Hai Kwang Enterprise operates under Metals & Mining sector and is part of Materials industry. The entity has 181.26 M outstanding shares.
Hai Kwang Enterprise has accumulated about 623.58 M in cash with 1.18 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.44.
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Ownership AllocationHai Kwang Enterprise has a total of 181.26 Million outstanding shares. Hai Kwang secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Hai Kwang Enterprise Risk Profiles
Although Hai Kwang's alpha and beta are two of the key measurements used to evaluate Hai Kwang's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.38 | |||
| Standard Deviation | 2.09 | |||
| Variance | 4.35 | |||
| Risk Adjusted Performance | (0.05) |
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When running Hai Kwang's price analysis, check to measure Hai Kwang's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hai Kwang is operating at the current time. Most of Hai Kwang's value examination focuses on studying past and present price action to predict the probability of Hai Kwang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hai Kwang's price. Additionally, you may evaluate how the addition of Hai Kwang to your portfolios can decrease your overall portfolio volatility.