CHUNG HUNG STEEL CORPORATION |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 23.3 TWD | -0.64% |
|
+2.64% | -10.56% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 15,289 | 22,610 | 59,073 | 38,401 | 37,396 | 33,448 | - |
| Enterprise Value (EV) 1 | 27,716 | 32,130 | 66,438 | 45,242 | 37,396 | 41,930 | 40,590 |
| P/E ratio | 1,065 x | 42.6 x | 9.35 x | -38.8 x | 237 x | 38.2 x | 12.9 x |
| Yield | - | 1.9% | 6.8% | 1.31% | - | 1.29% | 5.15% |
| Capitalization / Revenue | 0.38 x | 0.61 x | 1.1 x | 0.86 x | 0.99 x | 0.89 x | 0.77 x |
| EV / Revenue | 0.68 x | 0.87 x | 1.24 x | 1.02 x | 0.99 x | 1.12 x | 0.93 x |
| EV / EBITDA | 27.8 x | 21.4 x | 9.13 x | -43.4 x | 56.1 x | 28.2 x | 11.4 x |
| EV / FCF | 13.8 x | 7.4 x | 39.8 x | -153 x | - | 28.9 x | 36 x |
| FCF Yield | 7.24% | 13.5% | 2.51% | -0.65% | - | 3.46% | 2.77% |
| Price to Book | 1.05 x | 1.48 x | 2.62 x | 2.25 x | - | 1.97 x | 1.72 x |
| Nbr of stocks (in thousands) | 1,435,544 | 1,435,544 | 1,435,544 | 1,435,544 | 1,435,544 | 1,435,544 | - |
| Reference price 2 | 10.65 | 15.75 | 41.15 | 26.75 | 26.05 | 23.30 | 23.30 |
| Announcement Date | 2/25/20 | 2/24/21 | 2/24/22 | 2/23/23 | 2/29/24 | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 40,470 | 36,790 | 53,744 | 44,503 | 37,764 | 37,449 | 43,610 |
| EBITDA 1 | 996 | 1,500 | 7,277 | -1,043 | 666.8 | 1,487 | 3,573 |
| EBIT 1 | -217.6 | 338.2 | 6,524 | -1,761 | -29.16 | 930 | 2,938 |
| Operating Margin | -0.54% | 0.92% | 12.14% | -3.96% | -0.08% | 2.48% | 6.74% |
| Earnings before Tax (EBT) 1 | 10.88 | 528.3 | 7,013 | -1,185 | 162.4 | 1,051 | 3,150 |
| Net income 1 | 10.79 | 528.3 | 6,350 | -989.9 | 159.3 | 873 | 2,597 |
| Net margin | 0.03% | 1.44% | 11.82% | -2.22% | 0.42% | 2.33% | 5.95% |
| EPS 2 | 0.0100 | 0.3700 | 4.400 | -0.6900 | 0.1100 | 0.6100 | 1.810 |
| Free Cash Flow 1 | 2,005 | 4,344 | 1,670 | -295.2 | - | 1,451 | 1,126 |
| FCF margin | 4.96% | 11.81% | 3.11% | -0.66% | - | 3.87% | 2.58% |
| FCF Conversion (EBITDA) | 201.34% | 289.52% | 22.95% | - | - | 97.58% | 31.51% |
| FCF Conversion (Net income) | 18,584.69% | 822.34% | 26.3% | - | - | 166.21% | 43.36% |
| Dividend per Share 2 | - | 0.3000 | 2.800 | 0.3500 | - | 0.3000 | 1.200 |
| Announcement Date | 2/25/20 | 2/24/21 | 2/24/22 | 2/23/23 | 2/29/24 | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 15,635 | 13,881 | 12,410 | 16,031 | 7,879 | 11,722 | 9,524 | 9,735 | 9,400 | 9,105 | 9,148 | 8,358 | 9,143 | 10,800 |
| EBITDA 1 | - | - | - | - | 1,080 | - | -871.8 | 650.5 | -83.44 | -130.1 | - | 215.2 | 506 | 549 | 615 |
| EBIT 1 | - | 1,789 | 1,133 | 451.8 | 889.8 | -2,057 | -1,045 | 470.8 | -251.4 | -304.4 | 55.84 | 51.39 | -210 | 266 | 823 |
| Operating Margin | - | 11.44% | 8.16% | 3.64% | 5.55% | -26.11% | -8.92% | 4.94% | -2.58% | -3.24% | 0.61% | 0.56% | -2.51% | 2.91% | 7.62% |
| Earnings before Tax (EBT) 1 | - | 1,862 | 1,165 | 505.1 | 947 | -1,536 | -1,101 | 483.7 | -247.2 | -165 | 90.92 | 60.3 | -192 | 342 | 841 |
| Net income 1 | - | 1,464 | 906 | 501.9 | 679.7 | -1,126 | -1,046 | 394.8 | -214.1 | -109.5 | 88.07 | 59.92 | -157 | 281 | 689 |
| Net margin | - | 9.36% | 6.53% | 4.04% | 4.24% | -14.29% | -8.92% | 4.15% | -2.2% | -1.16% | 0.97% | 0.66% | -1.88% | 3.07% | 6.38% |
| EPS 2 | 2.770 | 1.020 | 0.6200 | 0.3500 | 0.4700 | -0.7800 | -0.7300 | 0.2700 | -0.1500 | -0.0800 | 0.0600 | 0.0400 | -0.1100 | 0.2000 | 0.4800 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/3/21 | 11/2/21 | 2/24/22 | 5/5/22 | 8/4/22 | 11/4/22 | 2/23/23 | 5/5/23 | 8/3/23 | 11/3/23 | 2/29/24 | 5/6/24 | - | - | - |
1TWD in Million2TWD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | 12,427 | 9,520 | 7,365 | 6,842 | - | 8,482 | 7,142 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 12.48 x | 6.345 x | 1.012 x | -6.561 x | - | 5.704 x | 1.999 x |
| Free Cash Flow 1 | 2,005 | 4,344 | 1,670 | -295 | - | 1,451 | 1,126 |
| ROE (net income / shareholders' equity) | 0.07% | 3.55% | 33.6% | -5% | - | 5.2% | 15.5% |
| ROA (Net income/ Total Assets) | 0.03% | 1.84% | 19.7% | -2.67% | - | 2.7% | 8.2% |
| Assets 1 | 31,926 | 28,788 | 32,290 | 37,122 | - | 32,333 | 31,671 |
| Book Value Per Share 2 | 10.10 | 10.60 | 15.70 | 11.90 | - | 11.90 | 13.50 |
| Cash Flow per Share | - | - | - | 0.0200 | - | - | - |
| Capex 1 | 508 | 398 | 354 | 323 | - | 438 | 447 |
| Capex / Sales | 1.25% | 1.08% | 0.66% | 0.73% | - | 1.17% | 1.02% |
| Announcement Date | 2/25/20 | 2/24/21 | 2/24/22 | 2/23/23 | 2/29/24 | - | - |
1TWD in Million2TWD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
23.45
TWD
Average target price
26.1
TWD
Spread / Average Target
+11.30%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -10.56% | 1.04B | |
| +4.92% | 26.02B | |
| +18.04% | 21.03B | |
| +42.89% | 12.23B | |
| -7.78% | 11.94B | |
| +11.54% | 11B | |
| +9.59% | 10.1B | |
| +2.39% | 8.56B | |
| +21.29% | 8.33B | |
| +22.63% | 6.96B |
- Stock Market
- Equities
- 2014 Stock
- Financials Chung Hung Steel Corporation