Taiwan Stock Exchange · Basic Materials
Hai Kwang Enterprise stock from India: price, numbers and tax
Hai Kwang Enterprise (2038) is not currently available to trade on Paasa; this guide covers the price, the numbers and the Indian tax treatment.
By Paasa · Updated
Hai Kwang Enterprise at a glance
- Price
- NT$12.90-NT$0.30 (2.27%)
- Market cap
- NT$2.50B
- Day range
- NT$12.75 – NT$13.30
- P/E
- -16.97
- Dividend yield
- None
- Volume
- 474.29K
- 1 month
- +0.78%
- 6 months
- -16.77%
- YTD
- -11.34%
- 1 year
- -15.13%
- 5 years
- -59.84%
Hai Kwang Enterprise statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | NT$8.9B | NT$9.7B | NT$9.4B | NT$11.0B | NT$10.2B |
| Gross profit | NT$117.6M | NT$240.5M | NT$252.3M | NT$309.1M | NT$732.8M |
| Operating income | −NT$77.7M | NT$33.7M | NT$48.4M | NT$301.7M | NT$595.5M |
| Net income | −NT$109.0M | NT$37.7M | NT$53.3M | NT$210.8M | NT$459.7M |
| Earnings per share | −NT$0.56 | NT$0.20 | NT$0.27 | NT$1.09 | NT$2.37 |
| EBITDA | NT$262.3M | NT$466.2M | NT$422.4M | NT$560.0M | NT$799.9M |
| Total assets | NT$9.6B | NT$10.2B | NT$9.4B | NT$9.4B | NT$9.0B |
| Total debt | NT$4.6B | NT$4.8B | NT$4.2B | NT$4.0B | NT$3.4B |
| Cash and short-term investments | NT$564.0M | NT$589.1M | NT$418.2M | NT$598.1M | NT$592.1M |
| Shareholders' equity | NT$3.8B | NT$4.0B | NT$3.7B | NT$3.7B | NT$3.6B |
| Operating cash flow | NT$374.4M | −NT$292.4M | NT$109.9M | NT$45.7M | NT$1.2B |
| Free cash flow | NT$126.3M | −NT$558.6M | −NT$420.0M | −NT$405.7M | NT$604.4M |
| Capital expenditure | −NT$248.2M | −NT$266.3M | −NT$529.8M | −NT$451.4M | −NT$580.5M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in TWD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Ion Electronic Materials | 6959.TWO | $133.00 | $5.21B |
| Yuen Chang Stainless Steel | 2069.TW | NT$25.75 | NT$4.28B |
| Yieh Hsing Enterprise | 2007.TW | NT$7.00 | NT$3.71B |
| Sinkang Industries | 2032.TW | NT$19.60 | NT$2.56B |
| Wellpool | 8424.TWO | $70.70 | $2.55B |
| Tycoons Group Enterprise | 2022.TW | NT$7.34 | NT$2.47B |
| Morn Sun Feed Mill | 1240.TWO | $54.10 | $2.39B |
| All Cosmos Bio-Tech | 4148.TW | NT$31.80 | NT$2.14B |
Peers as grouped by the data provider. This is not an investment recommendation.
Why invest in Hai Kwang Enterprise from India
What Hai Kwang Enterprise does
Hai Kwang Enterprise Corporation, established in 1958, is based in Kaohsiung, Taiwan. This company specializes in the production, processing, commercial trading, and distribution of steel billets and bars throughout Taiwan. Hai Kwang Enterprise operates in the Steel industry within the Basic Materials sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
What tax do I pay in India when I sell Hai Kwang Enterprise shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the TWD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain.