1. Taiwan Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
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
Kao Hsing Chang Iron & Steel Corporation
TWSE:2008
(Taiwan Stock Exchange)

Recent

price

30.55

P/E

ratio

47.44

div

yld

1.63%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
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
8.62
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
0.64
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
0.04
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.52
0.99
0.5
0.5
Dividend per Share
4.09
2.46
0.47
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
Book Value per Share
4.08
2.45
0.46
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
Tangible Book Value per Share
397
424
424
402
275
275
247
221
201
201
201
201
201
193
191
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
1,645
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
10.34
Operating Margin (%)
385
344
317
228
132
122
86
90
90
63
56
54
56
58
59
61
57
Depreciation Expense
-797
-625
-887
5,240
-369
187
-146
-225
-176
-124
-33
42
112
433
49
130
123
Net Income, GAAP
- -
- -
- -
1.38
- -
9.58
- -
- -
- -
- -
- -
32.69
6.17
- -
29.98
4.99
7.25
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
7.46
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
798
Working Capital
693
1,847
1,001
- -
- -
- -
- -
- -
- -
- -
700
700
667
2,022
2,111
2,389
2,410
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
4,122
Total Equity
- -
- -
- -
-7.14
- -
-3.88
- -
- -
- -
- -
- -
0.98
1.86
- -
0.95
1.99
2
Return on Invested Capital (%)
- -
- -
- -
103.2
- -
4.37
- -
- -
- -
- -
- -
1.21
2.68
- -
1.54
2.95
2.82
Return on Capital (%)
-42.16
-45.05
-143.22
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
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
Similar Companies
Tata Steel Limited (NSE:TATASTEEL)
JSW Steel Limited (NSE:JSWSTEEL)
Eregli Demir Ve Celik Fabrikalari T.A.S. (BIST:EREGL)
Steel Authority of India Limited (NSE:SAIL)
Kardemir Karabiik Demir celik Sanayi ve Ticaret A.S. Class D (BIST:KRDMD)
Severstal (MOEX:CHMF)
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.