1. Taiwan Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Yuen Chang Stainless Steel Co., Ltd.

Yuen Chang Stainless Steel Co., Ltd.

TTWSE:2069
28.95
TWD
+1.60
(+5.85%)
2.57EPS
7.18P/E
3.07BMarket 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
65.73
75.76
68.2
61.46
62.68
57.34
55.37
47.54
91.06
85.09
71.61
64.4
60.66
58.81
Basic EPS, GAAP
0.21
1.21
0.54
2.31
1.54
5.84
0.05
0.26
4.73
1.16
-0.9
1.35
1.62
2.57
Free Cash Flow per Basic Share
-1.63
0.98
4.27
-1.36
-8.43
-13.97
1.57
-2.08
-8.92
11.5
-1.39
-1.21
4.75
-2.98
Dividend per Share
- -
- -
0.77
0.6
1.61
1.47
2.48
0.49
0.54
2.2
1
0.5
0.9
- -
Book Value per Share
18.52
20.66
20.27
20.61
19.95
24.02
21.02
20.97
25.78
24.85
22.71
24.06
25
26.43
Tangible Book Value per Share
18.5
20.64
20.25
20.6
19.94
24.02
21.02
20.97
25.78
24.85
22.71
24.06
25
26.43
Basic Weighted Avg Shares
113
110
112
121
136
149
158
156
157
165
165
166
166
166
Sales/Revenue/Turnover
7,459
8,302
7,649
7,466
8,544
8,554
8,728
7,434
14,260
14,043
11,838
10,715
10,093
9,765
Operating Margin (%)
1.05
3.16
2.09
5.08
3.21
1.1
1.11
1.48
6.72
2.66
-0.45
3.47
3.62
5.6
Depreciation Expense
150
148
147
145
133
131
180
208
217
230
237
244
236
257
Net Income, GAAP
24
132
61
281
209
871
8
40
741
192
-149
225
270
427
Effective Tax Rate (%)
37.84
25.03
40.31
13.85
9.59
12.48
53.74
11.62
19.62
21.32
- -
10.88
8.81
12.56
Profit Margin (%)
0.32
1.6
0.8
3.76
2.45
10.18
0.09
0.54
5.19
1.36
-1.26
2.1
2.67
4.37
Working Capital
257
532
563
180
110
865
305
-129
1,940
426
163
193
257
356
LT Debt
817
794
763
356
1,446
1,656
1,715
1,264
2,308
1,053
1,004
789
1,284
1,441
Total Equity
2,077
2,317
2,274
2,673
2,874
3,745
3,324
3,259
4,255
4,134
3,778
4,004
4,160
4,398
Return on Invested Capital (%)
1.76
3.65
1.97
6.51
4.22
0.64
0.58
1.27
8.47
3.16
- -
3.91
3.88
5.46
Return on Capital (%)
2.71
3.95
2.28
7.08
5.02
13.62
0.89
1.95
9.47
3.4
- -
4.47
4.57
6.19
Return on Common Equity (%)
2.31
6.03
2.66
11.36
7.55
26.31
0.22
1.22
19.72
4.57
-3.77
5.79
6.61
10.49

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,083
3,337
3,575
LT Borrowings
1,284
1,356
1,441
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
166
166
166
Market Capitalization
3,070
3,070
3,070

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,773
4,252
4,881
Cash, Cash Equivalents & STI
361
583
567
Accounts Receivable, Net
902
740
823
Inventories
2,183
2,585
3,126
Total Current Liabilities
3,516
3,913
4,525
Payables & Accruals
- -
- -
- -
ST Debt
3,083
3,337
3,575
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.12%
5.79%
3.9%
Free Cash Flow
-32.6%
-105.16%
-493.55%
Net Income, GAAP
222.06%
252.24%
19.68%
Sales/Revenue/Turnover
5.87%
11.86%
-5.8%
Total Cash Common Dividend
49.53%
62.53%
80%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,472
2,836
2,675
2,732
10,715
2025
2,673
2,654
2,385
2,381
10,093
2026
2,303
2,696
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.51
0.78
0.59
0.49
1.35
2025
0.42
0.3
0.38
0.53
1.62
2026
0.64
1.02
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.5
2025
- -
- -
- -
- -
0.9
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Te Wei Yan
Full Time Employees
675
Sector
Non-energy minerals
Industry
Steel
Address
No. 235, JungJeng 4th Road Kaohsiung City KH Taiwan 801
IPO Date
Feb 5, 2015
Website
yuenchang.com.tw
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Business
Yuen Chang Stainless Steel Co., Ltd. (2069.TW) engages in the processing, manufacturing and sale of stainless steel products including coils, strips, plates and sheets with various sizes, surface finishes and thicknesses; it provides value-added services such as cut-to-length shearing, slitting, surface treatment and polishing for both hot-rolled and cold-rolled materials to serve industries including construction, oil and gas, food processing, kitchen appliances, computers, communications, consumer electronics, automobiles, eco-friendly energy, household appliances and button cell batteries. Founded in 1987 and headquartered in Kaohsiung, Taiwan, the company operates with a monthly capacity of 10,000 metric tons and exports to more than 116 countries worldwide. In April 2025, Yuen Chang signed a syndicated loan agreement with a group of banks to support its operations; it has also shifted sales strategy toward higher-margin thinner products for the electronics industry amid 2024 market challenges, initiated greenhouse gas inventory in 2024 and continues optimizing its portfolio for high value-added applications in car trims, electronics and energy storage batteries.