Taiwan Steel Union Co., Ltd.

Taiwan Steel Union Co., Ltd.

TTWSE:6581
108.00
TWD
0.00
(0.00%)
11.91BMarket 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
8.61
11.58
10.07
15.25
19.08
19.43
14.83
14.58
16.66
23.7
18.35
21.38
19.87
- -
Basic EPS, GAAP
0.56
3.18
2.3
5.15
7.64
7.11
3.58
3.66
5.08
8.84
4.54
7.47
6.17
- -
Free Cash Flow per Basic Share
1.2
3.75
1.98
6.01
3.13
2.11
-1.77
2.14
5.81
8.97
4.18
-0.02
5.45
- -
Dividend per Share
- -
- -
2.15
1.5
3.4
5.39
4.98
2.6
3
4
6.5
4.3
6
- -
Book Value per Share
14.83
19.11
15.06
18.72
22.96
32.29
30.9
31.97
34.05
38.91
36.96
40.14
40.32
39.39
Tangible Book Value per Share
14.83
19.1
15.05
18.69
22.91
32.23
30.85
31.93
34.02
38.88
36.88
40.01
40.14
39.24
Basic Weighted Avg Shares
143
143
139
100
100
110
111
111
111
111
111
111
111
111
Sales/Revenue/Turnover
1,234
1,654
1,402
1,524
1,907
2,147
1,651
1,622
1,854
2,638
2,041
2,378
2,211
- -
Operating Margin (%)
7.26
32.35
30.42
43.3
51.38
45.21
31.6
32.76
39.31
45.64
31.51
41.48
38.59
- -
Depreciation Expense
187
190
197
221
217
234
248
211
193
208
228
244
257
- -
Net Income, GAAP
80
454
321
515
764
785
399
408
565
984
505
831
687
- -
Effective Tax Rate (%)
17.97
16.91
19.89
19.29
20.09
19.99
23.87
22.17
22.07
19.42
20.4
17.73
19.86
- -
Profit Margin (%)
6.51
27.42
22.87
33.8
40.07
36.58
24.16
25.12
30.47
37.31
24.72
34.94
31.06
- -
Working Capital
-98
211
-116
259
59
1,364
823
1,061
414
951
688
751
608
234
LT Debt
308
- -
160
148
- -
634
716
906
- -
- -
- -
520
482
462
Total Equity
1,482
1,910
1,506
1,871
2,295
3,593
3,438
3,557
3,789
4,330
4,112
4,466
4,487
4,383
Return on Invested Capital (%)
- -
21.76
16.8
26.27
30.96
21.33
9.08
9.01
12.48
21.78
11.24
17.22
13.11
- -
Return on Capital (%)
- -
23.04
17.15
27.14
32.1
22.56
9.42
9.22
12.89
22.91
11.72
18.2
13.75
- -
Return on Common Equity (%)
- -
26.74
18.78
30.51
36.68
26.68
11.34
11.65
15.38
24.24
11.95
19.38
15.34
- -

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
38
38
188
LT Borrowings
482
472
462
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
111
111
111
Market Capitalization
11,795
11,850
11,906

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,053
1,016
759
Cash, Cash Equivalents & STI
678
628
399
Accounts Receivable, Net
164
106
158
Inventories
164
223
144
Total Current Liabilities
445
997
525
Payables & Accruals
- -
- -
- -
ST Debt
38
38
188
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.75%
4.97%
0.47%
Free Cash Flow
-2,274.15%
-4,476.02%
-22,452.06%
Net Income, GAAP
17.62%
22.29%
-17.37%
Sales/Revenue/Turnover
6.5%
8.68%
-7.05%
Total Cash Common Dividend
21.4%
23.38%
39.53%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
467
703
492
716
2,378
2025
493
639
- -
582
2,211
2026
435
847
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.17
2.55
1.4
2.34
7.47
2025
1.28
1.88
- -
1.72
6.17
2026
1.17
3.2
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.3
2025
- -
- -
- -
- -
6
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ming Ju Lin
Full Time Employees
86
Sector
Producer manufacturing
Industry
Metal fabrication
Address
No. 36, Gongbei 1st Road Changhua TP Taiwan 50953
IPO Date
Jan 30, 2018
Business
Taiwan Steel Union Co., Ltd. (6581:TT) manufactures and sells crude zinc oxide recovered from electric arc furnace (EAF) dust using Waelz kiln high-temperature smelting technology; produces recycled aggregates including rotary kiln slag, stabilized reducing slag, and oxidizing slag; offers non-structural concrete and controlled low-strength materials (CLSM); and provides waste management services encompassing disposal, reuse, and remediation of general industrial waste, hazardous industrial waste such as EAF bag house dust, heavy metal-contaminated soil, zinc-containing sludges, incinerator fly ash, and organic biomass wastes. The company, founded in 1984 and headquartered in Changhua County, Taiwan, operates primarily in the commodity chemicals and waste management industries, distributing products domestically and to overseas markets including zinc smelters and chemical plants for further processing into high-purity zinc ingots or zinc oxide used in galvanizing, tire, and rubber sectors. Through its wholly owned subsidiary Taiwan Steel Resource Co., Ltd., it stabilizes EAF slags via autoclave technology for construction aggregates and concrete mixes, achieving a zero-waste model. In December 2021, the company secured permits for 11 classes of hard-to-dispose resource industrial wastes, expanding operations in 2022 to include zinc wastes, sludges, fly ash, and biomass for diversified recycling; it reported earnings for the second quarter and six months ended June 30, 2025, reflecting ongoing financial performance amid stable market conditions.