China Steel Corporation

China Steel Corporation

19.55
TWD
-0.05
(-0.26%)
-0.07EPS
286.55BMarket Cap
Oct 30Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
22.56
23.77
18.49
19.01
22.5
25.99
23.76
20.42
30.38
29.16
23.6
23.64
20.8
20.85
Basic EPS, GAAP
1.04
1.44
0.49
1.04
1.1
1.59
0.57
0.06
4.03
1.15
0.11
0.13
-0.29
-0.2
Free Cash Flow per Basic Share
-0.43
2.17
1.56
2.28
1.79
3.01
0.84
2.35
3.26
-0.49
0.07
-0.04
1.12
0.57
Dividend per Share
0.39
0.69
1.01
0.51
0.86
0.9
1.02
0.51
0.31
3.17
1.02
0.36
0.34
0.34
Book Value per Share
18.72
19.69
19.02
19.55
19.64
20.22
19.56
18.96
22.56
20.68
19.95
19.68
19.13
19.48
Tangible Book Value per Share
18.54
19.53
18.86
19.39
19.52
20.1
19.45
18.85
22.47
20.59
19.87
19.61
19.05
19.41
Basic Weighted Avg Shares
15,416
15,418
15,417
15,417
15,420
15,417
15,415
15,414
15,415
15,415
15,396
15,253
15,245
15,201
Sales/Revenue/Turnover
347,829
366,511
285,054
293,056
347,012
400,665
366,241
314,783
468,328
449,567
363,326
360,536
317,155
316,891
Operating Margin (%)
7.06
8.12
2.85
8.68
7.18
8.39
3.45
0.73
17.06
4.06
0.99
0.51
-1.22
0.13
Depreciation Expense
31,639
35,724
35,456
36,063
34,876
34,441
35,408
33,511
32,727
34,349
32,279
32,335
32,699
32,174
Net Income, GAAP
15,982
22,132
7,605
16,038
16,906
24,454
8,810
886
62,053
17,784
1,682
1,978
-4,349
-3,068
Effective Tax Rate (%)
20.92
15.32
19.84
12.38
12.7
12.64
19.3
18.44
18.37
22.63
23.07
15.33
- -
- -
Profit Margin (%)
4.59
6.04
2.67
5.47
4.87
6.1
2.41
0.28
13.25
3.96
0.46
0.55
-1.37
-0.97
Working Capital
13,383
16,861
775
16,905
6,660
18,969
12,353
6,011
48,085
44,752
29,636
45,955
48,826
41,017
LT Debt
205,939
196,294
202,431
201,993
168,514
147,748
151,883
151,598
113,284
137,979
145,931
184,606
192,585
169,321
Total Equity
319,370
334,644
320,725
329,580
331,952
342,798
332,215
323,107
386,955
356,845
342,251
341,486
329,919
335,059
Return on Invested Capital (%)
3.3
4.1
1.05
3.63
3.62
5.01
1.75
0.33
11.43
2.37
0.46
0.25
- -
- -
Return on Capital (%)
2.73
3.82
1.72
2.65
2.78
4.11
1.7
0.27
10.07
3.32
0.43
0.58
- -
- -
Return on Common Equity (%)
5.66
7.46
2.54
5.38
5.58
7.94
2.87
0.3
19.34
5.32
0.54
0.65
-1.47
-1.05

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
78,515
104,417
103,430
LT Borrowings
182,746
155,765
159,771
LT Finance Leases
9,839
9,766
9,551
Preferred Equity and Hybrid Capital
383
383
383
Shares Outstanding
15,280
15,280
15,242
Market Capitalization
290,320
288,792
286,545

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
177,775
182,156
198,196
Cash, Cash Equivalents & STI
54,717
56,965
64,187
Accounts Receivable, Net
13,281
13,779
13,499
Inventories
92,491
94,999
102,566
Total Current Liabilities
128,948
154,653
157,179
Payables & Accruals
- -
- -
- -
ST Debt
78,515
104,417
103,430
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.52%
0.86%
-3.39%
Free Cash Flow
-336.98%
-713.76%
-3,226.17%
Net Income, GAAP
644.78%
1,288.14%
-319.84%
Sales/Revenue/Turnover
2.68%
2.56%
-12.03%
Total Cash Common Dividend
73.3%
148.93%
-5.62%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
93,754
94,572
85,616
86,594
360,536
2025
83,170
85,097
73,516
75,373
317,155
2026
79,162
88,841
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.09
-0.01
0.01
0.13
2025
0.02
-0.12
-0.16
-0.01
-0.29
2026
-0.16
0.14
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.36
- -
0.36
2025
- -
- -
0.33
- -
0.34
2026
- -
- -
- -
- -
- -

Company Description

CEO
Shou-Tao Chen
Full Time Employees
23,313
Sector
Non-energy minerals
Industry
Steel
Address
1 Chung-Kang Road Kaohsiung City KHH Taiwan 81233
IPO Date
Dec 26, 1974
Website
csc.com.tw
Business
China Steel Corporation China Steel Corporation (2002.TW), headquartered in Kaohsiung, Taiwan, and founded in December 1971, operates as Taiwan's largest steel manufacturer with an annual crude steel production capacity of approximately 10 million metric tons and a domestic market share exceeding 50 percent. The company produces and sells a comprehensive range of steel products including steel plates for construction structures, shipbuilding, bridges, pressure vessels, oil country tubular goods, and corrosion-resistant applications; steel bars and wire rods for machine structures, cold/hot forging, welding electrodes, tire cords, and hand tools; hot-rolled coils and sheets for automobile chassis, bridge beams, steel pipes, and landscaping; cold-rolled coils for automotive stamping parts, home electronics, and structural reinforcements; electrogalvanized coils; electrical steel coils for motors, transformers, and electric vehicle applications; hot-dip galvanized coils; and color coils for roofing, appliances, furniture, and transportation. Operations span Taiwan, Vietnam, Malaysia, China, India, Southeast Asia, Europe, and Japan, with about 55-57 percent of output consumed domestically and the remainder exported; the company also engages in engineering services, non-ferrous metals including titanium-nickel and aluminum, industrial materials such as chemicals and electronic ceramics, real estate development, logistics, green energy generation including solar power, and steel trading. China Steel Corporation maintains 22 subsidiaries across steel, engineering, industrial materials, logistics, investment, and green energy domains, supporting diversified operations and synergies. Recent strategic developments include extending its five-year operation plan to a 10-year strategy through 2034 focused on dual cores of high-value premium steel production and green energy expansion alongside digital, low-carbon, and supply chain transformations; targeting advanced premium steel (APS) sales volume and gross profit ratios to rise from 8.1 percent and 21 percent in 2023 to 21 percent and 40 percent by 2032; planning 46 smart production projects in five years and 76 in ten years; and increasing group green energy generation from 110 million kWh in 2023 to 1.232 billion kWh by 2032. In 2023, the company signed a contract with Primetals Technologies to upgrade its pickling line and tandem cold mill in Kaohsiung to Hyper Universal Crown-control technology with startup scheduled for September 2025, enhancing capacity for high-strength thin high-grade electrical steel to support electric vehicle markets; issued its first domestic unsecured green bond of NT$1.57 billion in May 2024 maturing in 2029 to fund subsidiary green investments; achieved a 15.2 percent carbon emissions reduction since 2018 with 868 projects completed and green revenue share at 32.6 percent in 2024 driven by high-strength automotive steel and recycled products; and earned recognitions including Dow Jones Sustainability Indices components, World Steel Association Sustainability Champion, and Taiwan's National Sustainable Development Award.