Kao Hsing Chang Iron & Steel Corporation

Kao Hsing Chang Iron & Steel Corporation

TTWSE:2008
30.55
TWD
+0.05
(+0.16%)
0.64EPS
47.44P/E
5.82BMarket Cap
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
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
8.62
Basic EPS, GAAP
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
0.64
Free Cash Flow per Basic Share
-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
0.04
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.52
0.99
0.5
0.5
Book Value per Share
14.75
13.25
12.88
13.65
13.21
11.79
12.17
13.8
14.79
14.02
18.06
18.56
19.6
21.6
Tangible Book Value per Share
14.74
13.25
12.88
13.65
13.21
11.79
12.17
13.8
14.79
14.02
18.06
18.56
19.6
21.6
Basic Weighted Avg Shares
402
275
275
247
221
201
201
201
201
201
193
191
191
191
Sales/Revenue/Turnover
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
1,645
Operating Margin (%)
-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
10.34
Depreciation Expense
228
132
122
86
90
90
63
56
54
56
58
59
61
57
Net Income, GAAP
5,240
-369
187
-146
-225
-176
-124
-33
42
112
433
49
130
123
Effective Tax Rate (%)
1.38
- -
9.58
- -
- -
- -
- -
- -
32.69
6.17
- -
29.98
4.99
7.25
Profit Margin (%)
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
7.46
Working Capital
417
46
44
-832
-753
-1,089
-1,061
-1,334
-1,171
-1,327
275
184
397
798
LT Debt
- -
- -
- -
- -
- -
- -
- -
700
700
667
2,022
2,111
2,389
2,410
Total Equity
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
4,122
Return on Invested Capital (%)
-7.14
- -
-3.88
- -
- -
- -
- -
- -
0.98
1.86
- -
0.95
1.99
2
Return on Capital (%)
103.2
- -
4.37
- -
- -
- -
- -
- -
1.21
2.68
- -
1.54
2.95
2.82
Return on Common Equity (%)
246
-9.56
5.24
-4.46
-7.88
-7.03
-5.16
-1.26
1.47
3.88
13.82
1.39
3.57
3.33

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,760
1,771
1,620
LT Borrowings
2,379
2,437
2,402
LT Finance Leases
9
9
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
191
191
191
Market Capitalization
5,554
5,248
5,821

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,301
2,435
2,802
Cash, Cash Equivalents & STI
1,530
1,572
1,851
Accounts Receivable, Net
117
124
164
Inventories
601
660
719
Total Current Liabilities
1,904
1,950
2,005
Payables & Accruals
- -
- -
- -
ST Debt
1,760
1,771
1,620
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

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

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
353
392
346
368
1,458
2025
458
537
463
360
1,818
2026
350
472
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.18
0.16
-0.08
0.26
2025
0.06
0.33
0.3
- -
0.68
2026
0.13
0.22
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.97
- -
0.99
2025
- -
- -
0.49
- -
0.5
2026
- -
- -
- -
- -
- -

Company Description

CEO
Lu Rong Feng Sheng
Full Time Employees
222
Sector
Non-energy minerals
Industry
Steel
Address
No. 318, Zhonghua 1st Road Kaohsiung City KHH Taiwan 804
IPO Date
Dec 28, 1988
Website
khc.com.tw
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.