1. Taiwan, Province of China Stocks

  2. •

    Basic Materials

  3. •

    Steel
Kao Hsing Chang Iron & Steel Corp.

Kao Hsing Chang Iron & Steel Corp.

2008.TW
Kao Hsing Chang Iron & Steel Corp.TW flagTaiwan Stock Exchange
29.60
TWD
-1.05
- -
5.65BMarket Cap
Kao Hsing Chang Iron & Steel Corp.
2008.TW
(Taiwan Stock Exchange)

Recent

price

29.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
17.37
12.35
5.22
3.23
5.41
4.53
4.57
5.75
7.04
5.69
4.79
7.72
11.03
7.56
7.64
- -
9.53
Revenue per Share
-2.01
-1.47
-2.09
13.04
-1.34
0.68
-0.59
-1.02
-0.88
-0.62
-0.16
0.21
0.56
2.24
0.26
- -
0.68
Basic EPS, GAAP
-0.83
0.12
-0.27
-1.49
-0.65
-0.61
-0.92
-1.73
-0.94
-0.39
0.32
-0.64
0.41
0.36
0.88
- -
0.74
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.52
0.99
- -
0.5
Dividend per Share
3.4
2.75
0.66
9.97
12.77
13.4
11.54
11.61
11.44
10.11
11.08
12.63
13.18
14.79
15.09
- -
15.69
Book Value per Share
4.36
2.45
0.46
10.11
13.25
12.73
12.33
12.02
11.79
12.17
13.8
14.79
14.02
17.84
18.56
- -
19.6
Tangible Book Value per Share
397
424
424
402
275
275
247
221
201
201
201
201
201
193
191
- -
191
Basic Weighted Avg Shares
6,890
5,234
2,212
1,297
1,489
1,247
1,128
1,270
1,413
1,142
963
1,551
2,216
1,460
1,458
1,818
1,818
Sales/Revenue/Turnover
-3.84
-7.18
-22.83
-28.77
-16.28
-17.07
-8.8
-11.49
-11.62
-10.79
-7.13
6.25
6.25
6.07
6.9
8.89
8.89
Operating Margin (%)
385
344
317
228
132
122
86
90
90
63
56
54
56
58
59
61
61
Depreciation Expense
-797
-625
-887
5,240
-369
187
-146
-225
-176
-124
-33
42
112
433
49
130
130
Net Income, GAAP
- -
- -
- -
1.38
- -
9.58
- -
- -
- -
- -
- -
32.69
6.17
- -
29.98
4.99
4.99
Effective Tax Rate (%)
-11.56
-11.94
-40.11
404.17
-24.76
15.03
-12.95
-17.68
-12.48
-10.87
-3.41
2.72
5.06
29.64
3.34
7.15
7.15
Profit Margin (%)
-3,926
-2,972
-3,559
417
46
44
-832
-753
-1,089
-1,061
-1,334
-1,171
-1,327
275
184
397
397
Working Capital
693
1,847
1,001
- -
- -
- -
- -
- -
- -
- -
700
700
667
2,022
2,111
2,389
2,389
LT Debt
1,732
1,042
198
4,063
3,650
3,508
3,045
2,653
2,368
2,445
2,772
2,970
2,816
3,448
3,542
3,740
3,740
Total Equity
- -
- -
- -
-7.14
- -
-3.88
- -
- -
- -
- -
- -
0.98
1.87
- -
0.95
1.99
1.99
Return on Invested Capital (%)
- -
- -
- -
102.92
- -
4.34
- -
- -
- -
- -
- -
1.3
2.8
- -
1.69
3.24
3.24
Return on Capital (%)
-45.61
-49.68
-122.71
244.41
-9.8
5.2
-4.47
-8.29
-7.26
-5.74
-1.54
1.77
4.33
15.72
1.7
4.43
4.43
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
1,984
1,887
1,760
LT Borrowings
2,098
2,190
2,379
LT Finance Leases
11
10
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
191
191
191
Market Capitalization
4,991
5,122
5,552

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
2,207
2,351
2,301
Cash, Cash Equivalents & STI
1,401
1,544
1,530
Accounts Receivable, Net
147
160
117
Inventories
603
611
601
Total Current Liabilities
2,197
2,041
1,904
Payables & Accruals
- -
- -
- -
ST Debt
1,984
1,887
1,760
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.25%
6.54%
5.58%
Free Cash Flow
-54.42%
-71.32%
-15.79%
Net Income, GAAP
5.29%
60.37%
166.82%
Sales/Revenue/Turnover
7.39%
18.89%
24.69%
Total Cash Common Dividend
- -
- -
-49.94%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
432
338
367
323
1,460
2024
353
392
346
368
1,458
2025
458
537
463
360
1,818

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.3
1.72
0.22
- -
2.24
2024
- -
0.18
0.16
- -
0.26
2025
0.06
0.33
0.3
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.52
2024
- -
- -
0.97
- -
0.99
2025
- -
- -
0.49
- -
- -
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Business
Kao Hsing Chang Iron & Steel Corp. manufactures, processes and trades steel pipes, hot-rolled steel coils and related products principally in Taiwan, the United States and Japan. The company produces galvanized steel pipes, black steel pipes, polyethylene-coated pipes, straight seam steel pipes, API oil transfer pipes, cold-rolled steel coils and sheets, cold-rolled steel hoops, steel strapping, hot-rolled steel products and silicon steel sheets; it also engages in metal building structures and components manufacturing, leasing and parking lot management. Founded in 1966 and headquartered in Kaohsiung, Taiwan, Kao Hsing Chang Iron & Steel Corp. serves markets including construction, architecture, automobiles, home appliances, sports equipment, petrochemical engineering and fire-fighting applications. In its 2023 annual report, the company outlined 2024 business plans projecting steel pipe sales growth of approximately 51% to 47,463 tons from 31,349 tons amid rising domestic demand for galvanized pipes and anticipated recovery in US API oil pipeline exports; it reported no plans for mergers or acquisitions in the most recent year while noting suspended operations at its Yongan cold-rolling plant.