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    Steel
Sheng Yu Steel Co., Ltd.

Sheng Yu Steel Co., Ltd.

2029.TW
Sheng Yu Steel Co., Ltd.TW flagTaiwan Stock Exchange
20.80
TWD
-0.05
- -
6.68BMarket Cap
Sheng Yu Steel Co., Ltd.
2029.TW
(Taiwan Stock Exchange)

Recent

price

20.80

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
53.98
55.26
48.99
47.25
50.38
40.14
39.96
42.87
35.13
30.76
29.21
44.7
39.84
38.57
42.63
- -
47.09
Revenue per Share
0.37
1.5
0.5
1.59
1.36
-0.29
3.95
2.32
0.33
0.11
0.77
3.94
1.57
1.95
1.81
- -
1.42
Basic EPS, GAAP
0.59
4.11
2.84
2.97
3.27
4.9
2.08
-1.07
1.71
-0.13
3.29
0.14
3.8
3.29
0.09
- -
3.27
Free Cash Flow per Basic Share
0.25
0.35
1.1
0.35
1.15
1.15
1
2.45
1.75
0.25
0.15
0.5
2.55
1.03
1.25
- -
- -
Dividend per Share
16.55
17.6
16.85
22.22
17.99
16.24
18.92
18.53
17.1
17.1
17.62
20.82
19.83
20.37
20.98
- -
20.9
Book Value per Share
23.56
24.35
23.74
25.33
25.41
24.03
28.38
28.43
27.12
27.05
27.69
31.01
30.41
31.14
31.97
- -
32.42
Tangible Book Value per Share
321
321
321
321
321
321
321
321
321
321
321
321
321
321
321
- -
309
Basic Weighted Avg Shares
17,338
17,750
15,735
15,175
16,183
12,892
12,834
13,769
11,282
9,878
9,382
14,356
12,796
12,389
13,691
13,271
14,531
Sales/Revenue/Turnover
1.35
2.66
1.51
5.4
5.39
6.33
13.42
7.26
1.15
0.73
4.03
10.86
4.21
6.04
4.57
2.22
3.72
Operating Margin (%)
639
494
377
364
328
285
296
269
278
306
306
295
290
261
278
247
264
Depreciation Expense
117
483
162
512
435
-92
1,270
744
107
35
247
1,264
505
627
581
239
438
Net Income, GAAP
36.74
17.19
18.89
23.09
30.19
257.34
18.69
20.83
33.6
49.6
22.86
19.47
23.19
20.18
19.71
20.6
19.71
Effective Tax Rate (%)
0.68
2.72
1.03
3.37
2.69
-0.71
9.9
5.4
0.95
0.35
2.64
8.81
3.95
5.06
4.25
1.8
3.02
Profit Margin (%)
3,789
3,827
3,637
4,485
5,098
5,248
5,893
5,751
5,341
5,252
5,691
6,915
6,686
7,107
7,093
7,096
6,847
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
75
73
73
10
6
5
10
7
LT Debt
7,605
7,849
7,642
8,152
8,165
7,721
9,115
9,132
8,718
8,708
8,911
9,975
9,779
10,017
10,285
10,155
10,018
Total Equity
1.93
4.96
2.44
7.8
7.23
-15.7
16.1
8.41
0.95
0.41
3.22
12.76
4.05
5.95
4.86
2.23
4.26
Return on Invested Capital (%)
2.31
8.59
2.88
7.96
6.8
-1.75
21.33
11.87
2.05
0.75
4.22
19.37
7.62
9.45
8.43
3.34
6.47
Return on Capital (%)
2.21
8.81
2.92
8.16
6.74
-1.67
22.5
12.37
1.88
0.63
4.44
20.48
7.74
9.72
8.75
3.6
6.82
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
158
176
169
LT Borrowings
- -
- -
- -
LT Finance Leases
5
4
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
321
321
321
Market Capitalization
7,671
8,248
7,235

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
8,234
8,481
8,402
Cash, Cash Equivalents & STI
4,832
4,907
5,115
Accounts Receivable, Net
1,009
931
904
Inventories
2,138
2,372
2,129
Total Current Liabilities
1,141
1,576
1,555
Payables & Accruals
- -
- -
- -
ST Debt
158
176
169
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.97%
2.76%
-1.27%
Free Cash Flow
169.9%
965.8%
2,345.33%
Net Income, GAAP
-75.33%
61.84%
-58.86%
Sales/Revenue/Turnover
1.77%
9.28%
-3.07%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
2,872
2,939
3,122
3,456
12,389
2024
3,303
3,308
3,356
3,724
13,691
2025
3,798
3,652
2,886
- -
13,271

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.5
0.21
0.68
- -
1.95
2024
0.49
0.48
0.26
- -
1.81
2025
0.54
-0.02
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.03
2024
- -
- -
- -
- -
1.25
2025
- -
- -
- -
- -
- -
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Business
Sheng Yu Steel Co., Ltd. manufactures, processes, and distributes steel products primarily in Taiwan, with additional operations across Asia, Europe, and the United States. The company’s core product portfolio includes galvanized steel coils such as aluminum-zinc (Al-Zn) alloy-coated and galvanized steel coils; prepainted galvanized steel coils and sheets including chrome-free anti-fingerprint zinc coated and Al-Zn alloy-coated variants; cold rolled steel sheets and coils; and specialized coated steel sheets featuring pre-painted, printed color, anti-static, antiseptic, and various textured finishes including pearl and baroque embossing. The firm also offers whiteboards and blackboards as part of its product lineup. Sheng Yu Steel serves diverse industries including construction, electrical appliances, and agricultural tools. Established in 1973 and headquartered in Kaohsiung, Taiwan, the company operates as a subsidiary of Yodogawa Steel Works, Ltd. Recent major developments include leadership changes with Shih-Chiang Hung assuming the role of President and Director in mid-2023 and the company continuing expansion of its product offerings with advanced coating technologies tailored to market-specific requirements. Sheng Yu Steel additionally engages in steel trading and testing laboratory businesses, reinforcing its comprehensive service capabilities in the steel supply chain. The company maintains a workforce of approximately 600 employees and has strategic market reach across multiple continents for its steel products.