View ValuationChung Hung Steel 将来の成長Future 基準チェック /36Chung Hung Steelは、155.5%と8%でそれぞれ年率155.5%で利益と収益が成長すると予測される一方、EPSはgrowで155.6%年率。主要情報155.5%収益成長率155.58%EPS成長率Metals and Mining 収益成長93.3%収益成長率8.0%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日30 Jun 2026今後の成長に関する最新情報Price Target Changed • Mar 21Price target increased by 16% to NT$18.97Up from NT$16.37, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of NT$19.60. Stock is down 16% over the past year. The company is forecast to post earnings per share of NT$0.44 next year compared to a net loss per share of NT$1.29 last year.Price Target Changed • Jul 23Price target decreased by 9.2% to NT$16.37Down from NT$18.03, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of NT$16.05. Stock is down 25% over the past year. The company is forecast to post a net loss per share of NT$0.47 next year compared to a net loss per share of NT$0.62 last year.Price Target Changed • Mar 06Price target increased by 15% to NT$26.80Up from NT$23.40, the current price target is an average from 3 analysts. New target price is 6.3% above last closing price of NT$25.20. Stock is up 13% over the past year. The company is forecast to post earnings per share of NT$0.44 next year compared to a net loss per share of NT$0.62 last year.Price Target Changed • Dec 24Price target decreased by 10% to NT$23.40Down from NT$26.10, the current price target is an average from 3 analysts. New target price is 30% above last closing price of NT$18.00. Stock is down 33% over the past year. The company is forecast to post a net loss per share of NT$0.51 compared to earnings per share of NT$0.11 last year.Price Target Changed • Feb 16Price target increased by 13% to NT$23.83Up from NT$21.10, the current price target is an average from 4 analysts. New target price is 17% below last closing price of NT$28.80. Stock is down 28% over the past year. The company is forecast to post a net loss per share of NT$0.37 compared to earnings per share of NT$4.42 last year.Major Estimate Revision • Nov 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. Expected to report loss instead of -NT$0.49 instead of NT$0.16 per share profit previously forecast. . Revenue forecast unchanged at NT$45.6b Metals and Mining industry in Taiwan expected to see average net income decline 10% next year. Consensus price target of NT$18.27 unchanged from last update. Share price fell 5.8% to NT$22.80 over the past week.すべての更新を表示Recent updatesReported Earnings • Aug 05Second quarter 2026 earnings released: EPS: NT$0.17 (vs NT$0.58 loss in 2Q 2025)Second quarter 2026 results: EPS: NT$0.17 (up from NT$0.58 loss in 2Q 2025). Revenue: NT$5.81b (up 8.3% from 2Q 2025). Net income: NT$248.3m (up NT$1.09b from 2Q 2025). Profit margin: 4.3% (up from net loss in 2Q 2025). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Reported Earnings • May 06First quarter 2026 earnings released: NT$0.10 loss per share (vs NT$0.15 loss in 1Q 2025)First quarter 2026 results: NT$0.10 loss per share (improved from NT$0.15 loss in 1Q 2025). Revenue: NT$4.51b (down 22% from 1Q 2025). Net loss: NT$147.2m (loss narrowed 30% from 1Q 2025). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Price Target Changed • Mar 21Price target increased by 16% to NT$18.97Up from NT$16.37, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of NT$19.60. Stock is down 16% over the past year. The company is forecast to post earnings per share of NT$0.44 next year compared to a net loss per share of NT$1.29 last year.お知らせ • Feb 24Chung Hung Steel Corporation, Annual General Meeting, May 22, 2026Chung Hung Steel Corporation, Annual General Meeting, May 22, 2026, at 09:30 Taipei Standard Time. Location: no,2 ln.12, hung yih 1st rd., nanzih district, kaohsiung city TaiwanReported Earnings • Feb 24Full year 2025 earnings released: NT$1.29 loss per share (vs NT$0.62 loss in FY 2024)Full year 2025 results: NT$1.29 loss per share (further deteriorated from NT$0.62 loss in FY 2024). Revenue: NT$19.0b (down 38% from FY 2024). Net loss: NT$1.85b (loss widened 107% from FY 2024). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 07Third quarter 2025 earnings released: NT$0.37 loss per share (vs NT$0.42 loss in 3Q 2024)Third quarter 2025 results: NT$0.37 loss per share (improved from NT$0.42 loss in 3Q 2024). Revenue: NT$4.12b (down 39% from 3Q 2024). Net loss: NT$535.4m (loss narrowed 12% from 3Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 11Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: NT$0.58 loss per share (further deteriorated from NT$0.19 loss in 2Q 2024). Revenue: NT$5.36b (down 34% from 2Q 2024). Net loss: NT$837.6m (loss widened 213% from 2Q 2024). Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 127%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.Price Target Changed • Jul 23Price target decreased by 9.2% to NT$16.37Down from NT$18.03, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of NT$16.05. Stock is down 25% over the past year. The company is forecast to post a net loss per share of NT$0.47 next year compared to a net loss per share of NT$0.62 last year.お知らせ • Jun 26Chung Hung Steel Corporation Appoints Hsiu-Chuan Lee as Independent Director, Effective June 25, 2025Chung Hung Steel Corporation announced the election results for one Independent Director at the company's 2025 shareholders' meeting. The new position holder is Hsiu-Chuan Lee, who has been appointed as an Independent Director. Hsiu-Chuan Lee is also a Professor and Head of the Department of Finance at Ming Chuan University. The change is due to the by-election of an Independent Director for the 16th term. The effective date of the new appointment is June 25, 2025.Reported Earnings • May 09First quarter 2025 earnings: EPS misses analyst expectationsFirst quarter 2025 results: NT$0.15 loss per share (down from NT$0.042 profit in 1Q 2024). Revenue: NT$5.76b (down 37% from 1Q 2024). Net loss: NT$211.3m (down 453% from profit in 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.お知らせ • May 01Chung Hung Steel Corporation to Report Q1, 2025 Results on May 08, 2025Chung Hung Steel Corporation announced that they will report Q1, 2025 results on May 08, 2025お知らせ • Apr 17Chung Hung Steel Corporation Announces Resignation of Wei-Che Tsai as Independent DirectorChung Hung Steel Corporation announced resignation of Wei-Che Tsai as independent director . Resume of the previous position holder: Independent Director of Chung Hung Steel Corporation. Circumstances of change: resignation. Reason for the change: Resigned as independent director due to busy personal business. Original term: June 26, 2024 to June 25, 2027. The Company received Mr. Wei-Che Tsai resignation letter on April 16,2025.New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (7.9% average weekly change).Price Target Changed • Mar 06Price target increased by 15% to NT$26.80Up from NT$23.40, the current price target is an average from 3 analysts. New target price is 6.3% above last closing price of NT$25.20. Stock is up 13% over the past year. The company is forecast to post earnings per share of NT$0.44 next year compared to a net loss per share of NT$0.62 last year.Reported Earnings • Mar 02Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: NT$0.62 loss per share (down from NT$0.11 profit in FY 2023). Revenue: NT$30.5b (down 19% from FY 2023). Net loss: NT$891.7m (down NT$1.05b from profit in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.お知らせ • Feb 26Chung Hung Steel Corporation, Annual General Meeting, Jun 25, 2025Chung Hung Steel Corporation, Annual General Meeting, Jun 25, 2025, at 09:30 Taipei Standard Time. Location: no,2 ln.12, hung yih 1st rd., nanzih district, kaohsiung city Taiwanお知らせ • Feb 18Chung Hung Steel Corporation to Report Fiscal Year 2024 Results on Feb 25, 2025Chung Hung Steel Corporation announced that they will report fiscal year 2024 results at 1:30 PM, Taipei Standard Time on Feb 25, 2025New Risk • Feb 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (0.5% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change).分析記事 • Feb 14Chung Hung Steel Corporation (TWSE:2014) Looks Just Right With A 26% Price JumpChung Hung Steel Corporation ( TWSE:2014 ) shareholders would be excited to see that the share price has had a great...Board Change • Feb 05Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Wei-Che Tsai was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.分析記事 • Jan 13Is Chung Hung Steel (TWSE:2014) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Price Target Changed • Dec 24Price target decreased by 10% to NT$23.40Down from NT$26.10, the current price target is an average from 3 analysts. New target price is 30% above last closing price of NT$18.00. Stock is down 33% over the past year. The company is forecast to post a net loss per share of NT$0.51 compared to earnings per share of NT$0.11 last year.Reported Earnings • Nov 05Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: NT$0.42 loss per share (further deteriorated from NT$0.076 loss in 3Q 2023). Revenue: NT$6.71b (down 29% from 3Q 2023). Net loss: NT$609.0m (loss widened 456% from 3Q 2023). Revenue missed analyst estimates by 9.7%. Earnings per share (EPS) also missed analyst estimates by 121%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Oct 24Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.1% to NT$20.70. The fair value is estimated to be NT$26.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Oct 24Chung Hung Steel Corporation to Report Q3, 2024 Results on Oct 31, 2024Chung Hung Steel Corporation announced that they will report Q3, 2024 results on Oct 31, 2024Buy Or Sell Opportunity • Oct 09Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.5% to NT$20.60. The fair value is estimated to be NT$26.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.分析記事 • Oct 04Chung Hung Steel Corporation (TWSE:2014) Stock Rockets 25% But Many Are Still Ignoring The CompanyChung Hung Steel Corporation ( TWSE:2014 ) shares have had a really impressive month, gaining 25% after a shaky period...分析記事 • Sep 06Are Investors Undervaluing Chung Hung Steel Corporation (TWSE:2014) By 30%?Key Insights Chung Hung Steel's estimated fair value is NT$25.63 based on 2 Stage Free Cash Flow to Equity Chung Hung...分析記事 • Aug 10The Consensus EPS Estimates For Chung Hung Steel Corporation (TWSE:2014) Just Fell A LotOne thing we could say about the analysts on Chung Hung Steel Corporation ( TWSE:2014 ) - they aren't optimistic...New Risk • Aug 08New major risk - Revenue and earnings growthEarnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (5.8% operating cash flow to total debt). Earnings have declined by 16% per year over the past 5 years.Reported Earnings • Aug 03Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: NT$0.19 loss per share (further deteriorated from NT$0.15 loss in 2Q 2023). Revenue: NT$8.16b (down 16% from 2Q 2023). Net loss: NT$267.2m (loss widened 25% from 2Q 2023). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 73%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.お知らせ • Jul 24Chung Hung Steel Corporation to Report Q2, 2024 Results on Aug 01, 2024Chung Hung Steel Corporation announced that they will report Q2, 2024 results on Aug 01, 2024Declared Dividend • Jul 10Dividend reduced to NT$0.10Dividend of NT$0.10 is 71% lower than last year. Ex-date: 25th July 2024 Payment date: 23rd August 2024 Dividend yield will be 0.5%, which is lower than the industry average of 3.9%.Board Change • Jul 05Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Wei-Che Tsai was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Jun 27+ 1 more updateChung Hung Steel Corporation Announces Term Expired of the Members of the Remuneration CommitteeChung Hung Steel Corporation announced the term expired of the members of the Remuneration Committee. Name of the previous position holder: Lin-Lin Lee, Independent Director; Juh-Shan Chiou, Independent Director. Resume of the previous position holder: Lin-Lin Lee, Independent Director, Partner-in-Charge, Ling-Yun Attorneys-At-Law; Juh-Shan Chiou, Independent Director, Honorary CPA, Chungsun Prime Certified Public Accountants. Original term: August 25, 2021 to August 24, 2024. The Board will be convened to elect new Remuneration Committee members according to the law, and related material information will be released then.Board Change • Jun 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hsien-Tang Tsai was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Jun 18Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hsien-Tang Tsai was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Jun 18Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hsien-Tang Tsai was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • May 07First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: NT$0.04 (down from NT$0.28 in 1Q 2023). Revenue: NT$9.15b (down 3.9% from 1Q 2023). Net income: NT$59.9m (down 85% from 1Q 2023). Profit margin: 0.7% (down from 4.1% in 1Q 2023). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 58%. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • May 03Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.5% to NT$23.30. The fair value is estimated to be NT$29.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 1,587% in the next 2 years.お知らせ • Apr 26Chung Hung Steel Corporation to Report Q1, 2024 Results on May 02, 2024Chung Hung Steel Corporation announced that they will report Q1, 2024 results on May 02, 2024Buy Or Sell Opportunity • Apr 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.1% to NT$23.35. The fair value is estimated to be NT$29.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 1,587% in the next 2 years.分析記事 • Apr 09Calculating The Intrinsic Value Of Chung Hung Steel Corporation (TWSE:2014)Key Insights The projected fair value for Chung Hung Steel is NT$29.52 based on 2 Stage Free Cash Flow to Equity Chung...New Risk • Mar 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risk Large one-off items impacting financial results.Reported Earnings • Mar 05Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: NT$0.11 (up from NT$0.69 loss in FY 2022). Revenue: NT$37.8b (down 15% from FY 2022). Net income: NT$159.3m (up NT$1.15b from FY 2022). Profit margin: 0.4% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) exceeded analyst estimates by 22%. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.お知らせ • Feb 28+ 1 more updateChung Hung Steel Corporation Announces Cash Dividends for the Year Ended December 31, 2023Chung Hung Steel Corporation announced cash dividends to shareholders of TWD 0.1 per share for the year ended December 31, 2023. Total amount of cash distributed to shareholders: TWD 143,554,445. Date of the board of directors resolution: February 27, 2024.Buy Or Sell Opportunity • Jan 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to NT$23.85. The fair value is estimated to be NT$19.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 04Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: NT$0.08 loss per share (improved from NT$0.78 loss in 3Q 2022). Revenue: NT$9.40b (up 19% from 3Q 2022). Net loss: NT$109.5m (loss narrowed 90% from 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.Reported Earnings • Aug 05Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: NT$0.15 loss per share (down from NT$0.47 profit in 2Q 2022). Revenue: NT$9.73b (down 39% from 2Q 2022). Net loss: NT$214.1m (down 132% from profit in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 19Upcoming dividend of NT$0.35 per share at 1.5% yieldEligible shareholders must have bought the stock before 26 July 2023. Payment date: 25 August 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (3.8%).お知らせ • Jul 04Chung Hung Steel Corporation Approves Cash Dividend, Payable on August 25, 2023Chung Hung Steel Corporation at its shareholder meeting held on June 28, 2023, approved cash dividend TWD 0.35 per share for common stock. The dividend payable on August 25, 2023 with Ex-rights (ex-dividend) trading date of July 26, 2023 and Ex-rights (ex-dividend) record date of August 1, 2023.お知らせ • Jun 29Chung Hung Steel Corporation Approves Cash Dividend for 2022Chung Hung Steel Corporation at its shareholders meeting held on June 28, 2023, approved cash dividend of TWD 0.35 per share for 2022.Reported Earnings • Jun 23First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: NT$0.28 (down from NT$0.35 in 1Q 2022). Revenue: NT$9.52b (down 23% from 1Q 2022). Net income: NT$394.8m (down 21% from 1Q 2022). Profit margin: 4.1% (up from 4.0% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Taiwan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 01Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: NT$0.69 loss per share (down from NT$4.42 profit in FY 2021). Revenue: NT$44.5b (down 17% from FY 2021). Net loss: NT$989.9m (down 116% from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 88%. Revenue is expected to decline by 2.7% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Taiwan are expected to grow by 8.1%. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 46% per year.Price Target Changed • Feb 16Price target increased by 13% to NT$23.83Up from NT$21.10, the current price target is an average from 4 analysts. New target price is 17% below last closing price of NT$28.80. Stock is down 28% over the past year. The company is forecast to post a net loss per share of NT$0.37 compared to earnings per share of NT$4.42 last year.Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$27.60, the stock trades at a forward P/E ratio of 569x. Average forward P/E is 14x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 203% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$27.29 per share.Major Estimate Revision • Nov 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. Expected to report loss instead of -NT$0.49 instead of NT$0.16 per share profit previously forecast. . Revenue forecast unchanged at NT$45.6b Metals and Mining industry in Taiwan expected to see average net income decline 10% next year. Consensus price target of NT$18.27 unchanged from last update. Share price fell 5.8% to NT$22.80 over the past week.Buying Opportunity • Nov 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be NT$30.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to decline by 13% in 2 years. Earnings is forecast to grow by 16% in the next 2 years.Price Target Changed • Nov 16Price target decreased to NT$18.27Down from NT$21.10, the current price target is an average from 3 analysts. New target price is 25% below last closing price of NT$24.45. Stock is down 28% over the past year. The company is forecast to post earnings per share of NT$0.15 for next year compared to NT$4.42 last year.Reported Earnings • Nov 06Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: NT$0.78 loss per share (down from NT$1.02 profit in 3Q 2021). Revenue: NT$7.88b (down 50% from 3Q 2021). Net loss: NT$1.13b (down 177% from profit in 3Q 2021). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates. Revenue is expected to fall by 8.3% p.a. on average during the next 3 years compared to a 4.1% decline forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 04Chung Hung Steel Corporation to Report Q3, 2022 Results on Nov 03, 2022Chung Hung Steel Corporation announced that they will report Q3, 2022 results on Nov 03, 2022Major Estimate Revision • Nov 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from NT$48.6b to NT$46.4b. EPS estimate rose from NT$0.70 to NT$0.78. Net income forecast to shrink 71% next year vs 21% decline forecast for Metals and Mining industry in Taiwan. Consensus price target down from NT$30.83 to NT$19.60. Share price rose 3.3% to NT$20.55 over the past week.お知らせ • Nov 02Chung Hung Steel Corporation Announces Change of the Chief Information Security OfficerChung Hung Steel Corporation announced change of the chief information security officer. Name, title, and resume of the previous position holder: Tseng Kuei-Sung,Former chief information security officer of Chung Hung Steel Corporation. Name, title, and resume of the new position holder: Chu Min, New chief information security officer of Chung Hung Steel Corporation. Type of the change:position adjustment. Reason for the change: position adjustment. Effective date: November 1, 2022.お知らせ • Oct 02Chung Hung Steel Corporation Announces Board ChangesChung Hung Steel Corporation announced that the change of the chairman. Name of the previous position holder: Liu Min-Hsiung. Resume of the previous position holder: Former Chairman of the Board, Chung Hung Steel Corporation. Name of the new position holder:Tseng Kuei-Sung. Resume of the new position holder: New Chairman of the Board, Chung Hung Steel Corporation. The effective date of new appointment is September 30, 2022. Mr.Liu Min-Hsiung resigned from the position of chairman and continues to serve as a representative of CSC.Major Estimate Revision • Sep 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from NT$50.0b to NT$48.6b. EPS estimate rose from NT$0.60 to NT$0.70. Net income forecast to shrink 76% next year vs 18% decline forecast for Metals and Mining industry in Taiwan. Consensus price target down from NT$33.58 to NT$30.83. Share price fell 5.9% to NT$23.00 over the past week.Price Target Changed • Sep 23Price target decreased to NT$30.83Down from NT$34.83, the current price target is an average from 4 analysts. New target price is 34% above last closing price of NT$23.00. Stock is down 45% over the past year. The company is forecast to post earnings per share of NT$0.60 for next year compared to NT$4.42 last year.Major Estimate Revision • Sep 07Consensus EPS estimates fall by 56%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from NT$53.0b to NT$50.0b. EPS estimate also fell from NT$1.34 per share to NT$0.60 per share. Net income forecast to shrink 66% next year vs 16% decline forecast for Metals and Mining industry in Taiwan. Consensus price target down from NT$34.83 to NT$33.58. Share price fell 7.9% to NT$23.90 over the past week.Reported Earnings • Aug 08Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: NT$0.47 (down from NT$1.59 in 2Q 2021). Revenue: NT$16.0b (up 20% from 2Q 2021). Net income: NT$679.7m (down 70% from 2Q 2021). Profit margin: 4.2% (down from 17% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 14%. Over the next year, revenue is expected to shrink by 7.5% compared to a 4.7% decline forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 27Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$24.60, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 160% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$13.82 per share.Major Estimate Revision • Jul 21Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from NT$57.4b to NT$55.6b. EPS estimate also fell from NT$2.23 per share to NT$1.79 per share. Net income forecast to shrink 47% next year vs 0.9% growth forecast for Metals and Mining industry in Taiwan . Consensus price target down from NT$36.08 to NT$34.83. Share price rose 4.9% to NT$28.10 over the past week.Upcoming Dividend • Jul 19Upcoming dividend of NT$2.80 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 25 August 2022. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 9.7%. Within top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (9.1%).Price Target Changed • Jul 02Price target decreased to NT$36.08Down from NT$42.00, the current price target is an average from 4 analysts. New target price is 36% above last closing price of NT$26.60. Stock is down 56% over the past year. The company is forecast to post earnings per share of NT$2.23 for next year compared to NT$4.42 last year.Buying Opportunity • Jun 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 44%. The fair value is estimated to be NT$34.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 72%. Revenue is forecast to grow by 7.7% in a year. Earnings is forecast to decline by 35% in the next year.Reported Earnings • May 06First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: NT$0.35 (down from NT$1.18 in 1Q 2021). Revenue: NT$12.4b (up 15% from 1Q 2021). Net income: NT$501.9m (down 71% from 1Q 2021). Profit margin: 4.0% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Over the next year, revenue is forecast to grow 11%, compared to a 8.9% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hsien-Tang Tsai was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Price Target Changed • Mar 30Price target increased to NT$52.00Up from NT$42.00, the current price target is an average from 2 analysts. New target price is 11% above last closing price of NT$46.90. Stock is up 141% over the past year. The company is forecast to post earnings per share of NT$3.18 for next year compared to NT$4.42 last year.Reported Earnings • Feb 27Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: NT$4.42 (up from NT$0.37 in FY 2020). Revenue: NT$53.7b (up 46% from FY 2020). Net income: NT$6.35b (up NT$5.82b from FY 2020). Profit margin: 12% (up from 1.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 6.9%, compared to a 11% growth forecast for the mining industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 53% per year whereas the company’s share price has increased by 50% per year.お知らせ • Feb 25+ 1 more updateChung Hung Steel Corporation Announces Cash Distribution for the Year Ended December 31, 2021Chung Hung Steel Corporation announced appropriations of earnings in cash dividends to shareholders (NT$ per share): TWD 2.8 per share for the year ended December 31, 2021.Buying Opportunity • Feb 22Now 21% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be NT$52.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% per annum over the last 3 years. The company has become profitable over the last year.Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$38.15, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 234% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$51.27 per share.Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS NT$1.02 (vs NT$0.17 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$15.6b (up 69% from 3Q 2020). Net income: NT$1.46b (up 486% from 3Q 2020). Profit margin: 9.4% (up from 2.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Sep 03Price target increased to NT$57.25Up from NT$47.00, the current price target is an average from 3 analysts. New target price is 30% above last closing price of NT$44.05. Stock is up 366% over the past year.Upcoming Dividend • Aug 19Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 24 September 2021. Trailing yield: 0.7%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (1.6%).Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS NT$1.59 (vs NT$0.25 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$13.4b (up 71% from 2Q 2020). Net income: NT$2.28b (up NT$2.64b from 2Q 2020). Profit margin: 17% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improved over the past weekAfter last week's 27% share price gain to NT$61.20, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 388% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$53.14 per share.Valuation Update With 7 Day Price Move • May 09Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$52.20, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 383% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$50.98 per share.Reported Earnings • May 04First quarter 2021 earnings released: EPS NT$1.18 (vs NT$0.087 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$10.8b (up 7.2% from 1Q 2020). Net income: NT$1.70b (up NT$1.83b from 1Q 2020). Profit margin: 16% (up from net loss in 1Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance.分析記事 • May 01Does Chung Hung Steel (TPE:2014) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$28.70, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 158% over the past three years.Major Estimate Revision • Apr 16Consensus EPS estimates increase to NT$2.43The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from NT$41.8b to NT$44.3b. EPS estimate increased from NT$1.88 to NT$2.43 per share. Net income forecast to grow 428% next year vs 29% growth forecast for Metals and Mining industry in Taiwan. Consensus price target up from NT$19.17 to NT$23.67. Share price rose 15% to NT$28.70 over the past week.Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$20.75, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 78% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$13.77 per share.分析記事 • Mar 20What We Make Of Chung Hung Steel's (TPE:2014) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Is New 90 Day High Low • Mar 04New 90-day high: NT$18.60The company is up 54% from its price of NT$12.05 on 04 December 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$16.90 per share.分析記事 • Mar 02Chung Hung Steel's (TPE:2014) Solid Earnings Have Been Accounted For ConservativelyThe market seemed underwhelmed by the solid earnings posted by Chung Hung Steel Corporation ( TPE:2014 ) recently...分析記事 • Feb 26A Look At The Intrinsic Value Of Chung Hung Steel Corporation (TPE:2014)Does the February share price for Chung Hung Steel Corporation ( TPE:2014 ) reflect what it's really worth? Today, we...お知らせ • Feb 25Chung Hung Steel Corporation, Annual General Meeting, Jun 24, 2021Chung Hung Steel Corporation, Annual General Meeting, Jun 24, 2021, at 09:30 Taipei Standard Time. Location: No. 2, Ln. 12, Hongyi 1st Rd., Nanzi Dist CPC Corporation Hongnan Training Classroom Kaohsiung City Taiwan Agenda: To consider 2020 business and financial report; to consider audit committee's review report on statements for 2020; to consider report 2020 employees' profit sharing bonus and directors' remuneration; to consider report on 2nd unsecured ordinary corporate bonds of Chung Hung Steel Corporation in 2020; to consider report on amendments to the rules and procedures of Board of directors meetings; to approval of the proposal for earnings distribution in 2020; to discussion on amendments to the regulation of shareholders; and to consider election of directors.業績と収益の成長予測TWSE:2014 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202720,8484968661,080312/31/202620,27523059276736/30/202618,223-6982,5842,812N/A3/31/202617,776-1,7843,5893,816N/A12/31/202519,022-1,8482,1852,451N/A9/30/202521,685-1,6601,5541,870N/A6/30/202524,274-1,7339671,372N/A3/31/202527,073-1,163-50413N/A12/31/202430,462-892-691-113N/A9/30/202433,119-728-48985N/A6/30/202435,814-229174786N/A3/31/202437,389-176-308161N/A12/31/202337,7641591,3681,761N/A9/30/202336,842-9742,8053,148N/A6/30/202335,321-1,991-280-39N/A3/31/202341,617-1,097169442N/A12/31/202244,503-990-29528N/A9/30/202250,201962-3,836-3,488N/A6/30/202257,9573,551-1,231-887N/A3/31/202255,3245,152257635N/A12/31/202153,7446,3501,6702,024N/A9/30/202149,4606,2124,9395,271N/A6/30/202143,0694,9987,4737,824N/A3/31/202137,5222,3546,5386,948N/A12/31/202036,7905284,3444,742N/A9/30/202034,480-6492,1652,650N/A6/30/202034,820-8365291,057N/A3/31/202038,585-192N/A1,121N/A12/31/201940,47011N/A2,513N/A9/30/201945,042990N/A2,281N/A6/30/201948,4461,819N/A1,325N/A3/31/201949,0962,383N/A366N/A12/31/201848,2393,033N/A705N/A9/30/201847,3373,623N/A2,486N/A6/30/201844,6983,171N/A4,338N/A3/31/201841,8902,640N/A4,349N/A12/31/201740,7922,606N/A2,901N/A9/30/201739,2841,856N/A3,044N/A6/30/201736,9872,182N/A1,716N/A3/31/201735,7622,606N/A3,776N/A12/31/201633,4401,913N/A4,540N/A9/30/201630,975948N/A3,900N/A6/30/201630,563692N/A4,179N/A3/31/201629,964243N/A4,982N/A12/31/201529,992-1,162N/A2,318N/A9/30/201531,140-623N/A1,608N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 2014は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 1.3% ) よりも高い成長率であると考えられます。収益対市場: 2014今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 2014今後 3 年以内に収益を上げることが予想されます。収益対市場: 2014の収益 ( 8% ) TW市場 ( 21.7% ) よりも低い成長が予測されています。高い収益成長: 2014の収益 ( 8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 2014の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/13 21:39終値2026/08/13 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Chung Hung Steel Corporation 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Jihong LaiCapital Securities Corporationnull nullKGI Securities Co. Ltd.Tseen LiuKGI Securities Co. Ltd.3 その他のアナリストを表示
Price Target Changed • Mar 21Price target increased by 16% to NT$18.97Up from NT$16.37, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of NT$19.60. Stock is down 16% over the past year. The company is forecast to post earnings per share of NT$0.44 next year compared to a net loss per share of NT$1.29 last year.
Price Target Changed • Jul 23Price target decreased by 9.2% to NT$16.37Down from NT$18.03, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of NT$16.05. Stock is down 25% over the past year. The company is forecast to post a net loss per share of NT$0.47 next year compared to a net loss per share of NT$0.62 last year.
Price Target Changed • Mar 06Price target increased by 15% to NT$26.80Up from NT$23.40, the current price target is an average from 3 analysts. New target price is 6.3% above last closing price of NT$25.20. Stock is up 13% over the past year. The company is forecast to post earnings per share of NT$0.44 next year compared to a net loss per share of NT$0.62 last year.
Price Target Changed • Dec 24Price target decreased by 10% to NT$23.40Down from NT$26.10, the current price target is an average from 3 analysts. New target price is 30% above last closing price of NT$18.00. Stock is down 33% over the past year. The company is forecast to post a net loss per share of NT$0.51 compared to earnings per share of NT$0.11 last year.
Price Target Changed • Feb 16Price target increased by 13% to NT$23.83Up from NT$21.10, the current price target is an average from 4 analysts. New target price is 17% below last closing price of NT$28.80. Stock is down 28% over the past year. The company is forecast to post a net loss per share of NT$0.37 compared to earnings per share of NT$4.42 last year.
Major Estimate Revision • Nov 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. Expected to report loss instead of -NT$0.49 instead of NT$0.16 per share profit previously forecast. . Revenue forecast unchanged at NT$45.6b Metals and Mining industry in Taiwan expected to see average net income decline 10% next year. Consensus price target of NT$18.27 unchanged from last update. Share price fell 5.8% to NT$22.80 over the past week.
Reported Earnings • Aug 05Second quarter 2026 earnings released: EPS: NT$0.17 (vs NT$0.58 loss in 2Q 2025)Second quarter 2026 results: EPS: NT$0.17 (up from NT$0.58 loss in 2Q 2025). Revenue: NT$5.81b (up 8.3% from 2Q 2025). Net income: NT$248.3m (up NT$1.09b from 2Q 2025). Profit margin: 4.3% (up from net loss in 2Q 2025). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 06First quarter 2026 earnings released: NT$0.10 loss per share (vs NT$0.15 loss in 1Q 2025)First quarter 2026 results: NT$0.10 loss per share (improved from NT$0.15 loss in 1Q 2025). Revenue: NT$4.51b (down 22% from 1Q 2025). Net loss: NT$147.2m (loss narrowed 30% from 1Q 2025). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Price Target Changed • Mar 21Price target increased by 16% to NT$18.97Up from NT$16.37, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of NT$19.60. Stock is down 16% over the past year. The company is forecast to post earnings per share of NT$0.44 next year compared to a net loss per share of NT$1.29 last year.
お知らせ • Feb 24Chung Hung Steel Corporation, Annual General Meeting, May 22, 2026Chung Hung Steel Corporation, Annual General Meeting, May 22, 2026, at 09:30 Taipei Standard Time. Location: no,2 ln.12, hung yih 1st rd., nanzih district, kaohsiung city Taiwan
Reported Earnings • Feb 24Full year 2025 earnings released: NT$1.29 loss per share (vs NT$0.62 loss in FY 2024)Full year 2025 results: NT$1.29 loss per share (further deteriorated from NT$0.62 loss in FY 2024). Revenue: NT$19.0b (down 38% from FY 2024). Net loss: NT$1.85b (loss widened 107% from FY 2024). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 07Third quarter 2025 earnings released: NT$0.37 loss per share (vs NT$0.42 loss in 3Q 2024)Third quarter 2025 results: NT$0.37 loss per share (improved from NT$0.42 loss in 3Q 2024). Revenue: NT$4.12b (down 39% from 3Q 2024). Net loss: NT$535.4m (loss narrowed 12% from 3Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 11Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: NT$0.58 loss per share (further deteriorated from NT$0.19 loss in 2Q 2024). Revenue: NT$5.36b (down 34% from 2Q 2024). Net loss: NT$837.6m (loss widened 213% from 2Q 2024). Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 127%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.
Price Target Changed • Jul 23Price target decreased by 9.2% to NT$16.37Down from NT$18.03, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of NT$16.05. Stock is down 25% over the past year. The company is forecast to post a net loss per share of NT$0.47 next year compared to a net loss per share of NT$0.62 last year.
お知らせ • Jun 26Chung Hung Steel Corporation Appoints Hsiu-Chuan Lee as Independent Director, Effective June 25, 2025Chung Hung Steel Corporation announced the election results for one Independent Director at the company's 2025 shareholders' meeting. The new position holder is Hsiu-Chuan Lee, who has been appointed as an Independent Director. Hsiu-Chuan Lee is also a Professor and Head of the Department of Finance at Ming Chuan University. The change is due to the by-election of an Independent Director for the 16th term. The effective date of the new appointment is June 25, 2025.
Reported Earnings • May 09First quarter 2025 earnings: EPS misses analyst expectationsFirst quarter 2025 results: NT$0.15 loss per share (down from NT$0.042 profit in 1Q 2024). Revenue: NT$5.76b (down 37% from 1Q 2024). Net loss: NT$211.3m (down 453% from profit in 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
お知らせ • May 01Chung Hung Steel Corporation to Report Q1, 2025 Results on May 08, 2025Chung Hung Steel Corporation announced that they will report Q1, 2025 results on May 08, 2025
お知らせ • Apr 17Chung Hung Steel Corporation Announces Resignation of Wei-Che Tsai as Independent DirectorChung Hung Steel Corporation announced resignation of Wei-Che Tsai as independent director . Resume of the previous position holder: Independent Director of Chung Hung Steel Corporation. Circumstances of change: resignation. Reason for the change: Resigned as independent director due to busy personal business. Original term: June 26, 2024 to June 25, 2027. The Company received Mr. Wei-Che Tsai resignation letter on April 16,2025.
New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (7.9% average weekly change).
Price Target Changed • Mar 06Price target increased by 15% to NT$26.80Up from NT$23.40, the current price target is an average from 3 analysts. New target price is 6.3% above last closing price of NT$25.20. Stock is up 13% over the past year. The company is forecast to post earnings per share of NT$0.44 next year compared to a net loss per share of NT$0.62 last year.
Reported Earnings • Mar 02Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: NT$0.62 loss per share (down from NT$0.11 profit in FY 2023). Revenue: NT$30.5b (down 19% from FY 2023). Net loss: NT$891.7m (down NT$1.05b from profit in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 26Chung Hung Steel Corporation, Annual General Meeting, Jun 25, 2025Chung Hung Steel Corporation, Annual General Meeting, Jun 25, 2025, at 09:30 Taipei Standard Time. Location: no,2 ln.12, hung yih 1st rd., nanzih district, kaohsiung city Taiwan
お知らせ • Feb 18Chung Hung Steel Corporation to Report Fiscal Year 2024 Results on Feb 25, 2025Chung Hung Steel Corporation announced that they will report fiscal year 2024 results at 1:30 PM, Taipei Standard Time on Feb 25, 2025
New Risk • Feb 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (0.5% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change).
分析記事 • Feb 14Chung Hung Steel Corporation (TWSE:2014) Looks Just Right With A 26% Price JumpChung Hung Steel Corporation ( TWSE:2014 ) shareholders would be excited to see that the share price has had a great...
Board Change • Feb 05Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Wei-Che Tsai was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
分析記事 • Jan 13Is Chung Hung Steel (TWSE:2014) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Price Target Changed • Dec 24Price target decreased by 10% to NT$23.40Down from NT$26.10, the current price target is an average from 3 analysts. New target price is 30% above last closing price of NT$18.00. Stock is down 33% over the past year. The company is forecast to post a net loss per share of NT$0.51 compared to earnings per share of NT$0.11 last year.
Reported Earnings • Nov 05Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: NT$0.42 loss per share (further deteriorated from NT$0.076 loss in 3Q 2023). Revenue: NT$6.71b (down 29% from 3Q 2023). Net loss: NT$609.0m (loss widened 456% from 3Q 2023). Revenue missed analyst estimates by 9.7%. Earnings per share (EPS) also missed analyst estimates by 121%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Oct 24Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.1% to NT$20.70. The fair value is estimated to be NT$26.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Oct 24Chung Hung Steel Corporation to Report Q3, 2024 Results on Oct 31, 2024Chung Hung Steel Corporation announced that they will report Q3, 2024 results on Oct 31, 2024
Buy Or Sell Opportunity • Oct 09Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.5% to NT$20.60. The fair value is estimated to be NT$26.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Oct 04Chung Hung Steel Corporation (TWSE:2014) Stock Rockets 25% But Many Are Still Ignoring The CompanyChung Hung Steel Corporation ( TWSE:2014 ) shares have had a really impressive month, gaining 25% after a shaky period...
分析記事 • Sep 06Are Investors Undervaluing Chung Hung Steel Corporation (TWSE:2014) By 30%?Key Insights Chung Hung Steel's estimated fair value is NT$25.63 based on 2 Stage Free Cash Flow to Equity Chung Hung...
分析記事 • Aug 10The Consensus EPS Estimates For Chung Hung Steel Corporation (TWSE:2014) Just Fell A LotOne thing we could say about the analysts on Chung Hung Steel Corporation ( TWSE:2014 ) - they aren't optimistic...
New Risk • Aug 08New major risk - Revenue and earnings growthEarnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (5.8% operating cash flow to total debt). Earnings have declined by 16% per year over the past 5 years.
Reported Earnings • Aug 03Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: NT$0.19 loss per share (further deteriorated from NT$0.15 loss in 2Q 2023). Revenue: NT$8.16b (down 16% from 2Q 2023). Net loss: NT$267.2m (loss widened 25% from 2Q 2023). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 73%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 24Chung Hung Steel Corporation to Report Q2, 2024 Results on Aug 01, 2024Chung Hung Steel Corporation announced that they will report Q2, 2024 results on Aug 01, 2024
Declared Dividend • Jul 10Dividend reduced to NT$0.10Dividend of NT$0.10 is 71% lower than last year. Ex-date: 25th July 2024 Payment date: 23rd August 2024 Dividend yield will be 0.5%, which is lower than the industry average of 3.9%.
Board Change • Jul 05Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Wei-Che Tsai was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Jun 27+ 1 more updateChung Hung Steel Corporation Announces Term Expired of the Members of the Remuneration CommitteeChung Hung Steel Corporation announced the term expired of the members of the Remuneration Committee. Name of the previous position holder: Lin-Lin Lee, Independent Director; Juh-Shan Chiou, Independent Director. Resume of the previous position holder: Lin-Lin Lee, Independent Director, Partner-in-Charge, Ling-Yun Attorneys-At-Law; Juh-Shan Chiou, Independent Director, Honorary CPA, Chungsun Prime Certified Public Accountants. Original term: August 25, 2021 to August 24, 2024. The Board will be convened to elect new Remuneration Committee members according to the law, and related material information will be released then.
Board Change • Jun 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hsien-Tang Tsai was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Jun 18Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hsien-Tang Tsai was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Jun 18Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hsien-Tang Tsai was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 07First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: NT$0.04 (down from NT$0.28 in 1Q 2023). Revenue: NT$9.15b (down 3.9% from 1Q 2023). Net income: NT$59.9m (down 85% from 1Q 2023). Profit margin: 0.7% (down from 4.1% in 1Q 2023). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 58%. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • May 03Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.5% to NT$23.30. The fair value is estimated to be NT$29.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 1,587% in the next 2 years.
お知らせ • Apr 26Chung Hung Steel Corporation to Report Q1, 2024 Results on May 02, 2024Chung Hung Steel Corporation announced that they will report Q1, 2024 results on May 02, 2024
Buy Or Sell Opportunity • Apr 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.1% to NT$23.35. The fair value is estimated to be NT$29.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 1,587% in the next 2 years.
分析記事 • Apr 09Calculating The Intrinsic Value Of Chung Hung Steel Corporation (TWSE:2014)Key Insights The projected fair value for Chung Hung Steel is NT$29.52 based on 2 Stage Free Cash Flow to Equity Chung...
New Risk • Mar 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Mar 05Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: NT$0.11 (up from NT$0.69 loss in FY 2022). Revenue: NT$37.8b (down 15% from FY 2022). Net income: NT$159.3m (up NT$1.15b from FY 2022). Profit margin: 0.4% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 4.2%. Earnings per share (EPS) exceeded analyst estimates by 22%. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 28+ 1 more updateChung Hung Steel Corporation Announces Cash Dividends for the Year Ended December 31, 2023Chung Hung Steel Corporation announced cash dividends to shareholders of TWD 0.1 per share for the year ended December 31, 2023. Total amount of cash distributed to shareholders: TWD 143,554,445. Date of the board of directors resolution: February 27, 2024.
Buy Or Sell Opportunity • Jan 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to NT$23.85. The fair value is estimated to be NT$19.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 04Third quarter 2023 earnings: EPS misses analyst expectationsThird quarter 2023 results: NT$0.08 loss per share (improved from NT$0.78 loss in 3Q 2022). Revenue: NT$9.40b (up 19% from 3Q 2022). Net loss: NT$109.5m (loss narrowed 90% from 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 05Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: NT$0.15 loss per share (down from NT$0.47 profit in 2Q 2022). Revenue: NT$9.73b (down 39% from 2Q 2022). Net loss: NT$214.1m (down 132% from profit in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 19Upcoming dividend of NT$0.35 per share at 1.5% yieldEligible shareholders must have bought the stock before 26 July 2023. Payment date: 25 August 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (3.8%).
お知らせ • Jul 04Chung Hung Steel Corporation Approves Cash Dividend, Payable on August 25, 2023Chung Hung Steel Corporation at its shareholder meeting held on June 28, 2023, approved cash dividend TWD 0.35 per share for common stock. The dividend payable on August 25, 2023 with Ex-rights (ex-dividend) trading date of July 26, 2023 and Ex-rights (ex-dividend) record date of August 1, 2023.
お知らせ • Jun 29Chung Hung Steel Corporation Approves Cash Dividend for 2022Chung Hung Steel Corporation at its shareholders meeting held on June 28, 2023, approved cash dividend of TWD 0.35 per share for 2022.
Reported Earnings • Jun 23First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: NT$0.28 (down from NT$0.35 in 1Q 2022). Revenue: NT$9.52b (down 23% from 1Q 2022). Net income: NT$394.8m (down 21% from 1Q 2022). Profit margin: 4.1% (up from 4.0% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Taiwan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 01Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: NT$0.69 loss per share (down from NT$4.42 profit in FY 2021). Revenue: NT$44.5b (down 17% from FY 2021). Net loss: NT$989.9m (down 116% from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 88%. Revenue is expected to decline by 2.7% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Taiwan are expected to grow by 8.1%. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 46% per year.
Price Target Changed • Feb 16Price target increased by 13% to NT$23.83Up from NT$21.10, the current price target is an average from 4 analysts. New target price is 17% below last closing price of NT$28.80. Stock is down 28% over the past year. The company is forecast to post a net loss per share of NT$0.37 compared to earnings per share of NT$4.42 last year.
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$27.60, the stock trades at a forward P/E ratio of 569x. Average forward P/E is 14x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 203% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$27.29 per share.
Major Estimate Revision • Nov 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. Expected to report loss instead of -NT$0.49 instead of NT$0.16 per share profit previously forecast. . Revenue forecast unchanged at NT$45.6b Metals and Mining industry in Taiwan expected to see average net income decline 10% next year. Consensus price target of NT$18.27 unchanged from last update. Share price fell 5.8% to NT$22.80 over the past week.
Buying Opportunity • Nov 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be NT$30.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 69%. Revenue is forecast to decline by 13% in 2 years. Earnings is forecast to grow by 16% in the next 2 years.
Price Target Changed • Nov 16Price target decreased to NT$18.27Down from NT$21.10, the current price target is an average from 3 analysts. New target price is 25% below last closing price of NT$24.45. Stock is down 28% over the past year. The company is forecast to post earnings per share of NT$0.15 for next year compared to NT$4.42 last year.
Reported Earnings • Nov 06Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: NT$0.78 loss per share (down from NT$1.02 profit in 3Q 2021). Revenue: NT$7.88b (down 50% from 3Q 2021). Net loss: NT$1.13b (down 177% from profit in 3Q 2021). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates. Revenue is expected to fall by 8.3% p.a. on average during the next 3 years compared to a 4.1% decline forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 04Chung Hung Steel Corporation to Report Q3, 2022 Results on Nov 03, 2022Chung Hung Steel Corporation announced that they will report Q3, 2022 results on Nov 03, 2022
Major Estimate Revision • Nov 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from NT$48.6b to NT$46.4b. EPS estimate rose from NT$0.70 to NT$0.78. Net income forecast to shrink 71% next year vs 21% decline forecast for Metals and Mining industry in Taiwan. Consensus price target down from NT$30.83 to NT$19.60. Share price rose 3.3% to NT$20.55 over the past week.
お知らせ • Nov 02Chung Hung Steel Corporation Announces Change of the Chief Information Security OfficerChung Hung Steel Corporation announced change of the chief information security officer. Name, title, and resume of the previous position holder: Tseng Kuei-Sung,Former chief information security officer of Chung Hung Steel Corporation. Name, title, and resume of the new position holder: Chu Min, New chief information security officer of Chung Hung Steel Corporation. Type of the change:position adjustment. Reason for the change: position adjustment. Effective date: November 1, 2022.
お知らせ • Oct 02Chung Hung Steel Corporation Announces Board ChangesChung Hung Steel Corporation announced that the change of the chairman. Name of the previous position holder: Liu Min-Hsiung. Resume of the previous position holder: Former Chairman of the Board, Chung Hung Steel Corporation. Name of the new position holder:Tseng Kuei-Sung. Resume of the new position holder: New Chairman of the Board, Chung Hung Steel Corporation. The effective date of new appointment is September 30, 2022. Mr.Liu Min-Hsiung resigned from the position of chairman and continues to serve as a representative of CSC.
Major Estimate Revision • Sep 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from NT$50.0b to NT$48.6b. EPS estimate rose from NT$0.60 to NT$0.70. Net income forecast to shrink 76% next year vs 18% decline forecast for Metals and Mining industry in Taiwan. Consensus price target down from NT$33.58 to NT$30.83. Share price fell 5.9% to NT$23.00 over the past week.
Price Target Changed • Sep 23Price target decreased to NT$30.83Down from NT$34.83, the current price target is an average from 4 analysts. New target price is 34% above last closing price of NT$23.00. Stock is down 45% over the past year. The company is forecast to post earnings per share of NT$0.60 for next year compared to NT$4.42 last year.
Major Estimate Revision • Sep 07Consensus EPS estimates fall by 56%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from NT$53.0b to NT$50.0b. EPS estimate also fell from NT$1.34 per share to NT$0.60 per share. Net income forecast to shrink 66% next year vs 16% decline forecast for Metals and Mining industry in Taiwan. Consensus price target down from NT$34.83 to NT$33.58. Share price fell 7.9% to NT$23.90 over the past week.
Reported Earnings • Aug 08Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: NT$0.47 (down from NT$1.59 in 2Q 2021). Revenue: NT$16.0b (up 20% from 2Q 2021). Net income: NT$679.7m (down 70% from 2Q 2021). Profit margin: 4.2% (down from 17% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 14%. Over the next year, revenue is expected to shrink by 7.5% compared to a 4.7% decline forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 27Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$24.60, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 160% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$13.82 per share.
Major Estimate Revision • Jul 21Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from NT$57.4b to NT$55.6b. EPS estimate also fell from NT$2.23 per share to NT$1.79 per share. Net income forecast to shrink 47% next year vs 0.9% growth forecast for Metals and Mining industry in Taiwan . Consensus price target down from NT$36.08 to NT$34.83. Share price rose 4.9% to NT$28.10 over the past week.
Upcoming Dividend • Jul 19Upcoming dividend of NT$2.80 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 25 August 2022. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 9.7%. Within top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (9.1%).
Price Target Changed • Jul 02Price target decreased to NT$36.08Down from NT$42.00, the current price target is an average from 4 analysts. New target price is 36% above last closing price of NT$26.60. Stock is down 56% over the past year. The company is forecast to post earnings per share of NT$2.23 for next year compared to NT$4.42 last year.
Buying Opportunity • Jun 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 44%. The fair value is estimated to be NT$34.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 72%. Revenue is forecast to grow by 7.7% in a year. Earnings is forecast to decline by 35% in the next year.
Reported Earnings • May 06First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: NT$0.35 (down from NT$1.18 in 1Q 2021). Revenue: NT$12.4b (up 15% from 1Q 2021). Net income: NT$501.9m (down 71% from 1Q 2021). Profit margin: 4.0% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Over the next year, revenue is forecast to grow 11%, compared to a 8.9% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hsien-Tang Tsai was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Price Target Changed • Mar 30Price target increased to NT$52.00Up from NT$42.00, the current price target is an average from 2 analysts. New target price is 11% above last closing price of NT$46.90. Stock is up 141% over the past year. The company is forecast to post earnings per share of NT$3.18 for next year compared to NT$4.42 last year.
Reported Earnings • Feb 27Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: NT$4.42 (up from NT$0.37 in FY 2020). Revenue: NT$53.7b (up 46% from FY 2020). Net income: NT$6.35b (up NT$5.82b from FY 2020). Profit margin: 12% (up from 1.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 6.9%, compared to a 11% growth forecast for the mining industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 53% per year whereas the company’s share price has increased by 50% per year.
お知らせ • Feb 25+ 1 more updateChung Hung Steel Corporation Announces Cash Distribution for the Year Ended December 31, 2021Chung Hung Steel Corporation announced appropriations of earnings in cash dividends to shareholders (NT$ per share): TWD 2.8 per share for the year ended December 31, 2021.
Buying Opportunity • Feb 22Now 21% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be NT$52.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% per annum over the last 3 years. The company has become profitable over the last year.
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$38.15, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 234% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$51.27 per share.
Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS NT$1.02 (vs NT$0.17 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$15.6b (up 69% from 3Q 2020). Net income: NT$1.46b (up 486% from 3Q 2020). Profit margin: 9.4% (up from 2.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Sep 03Price target increased to NT$57.25Up from NT$47.00, the current price target is an average from 3 analysts. New target price is 30% above last closing price of NT$44.05. Stock is up 366% over the past year.
Upcoming Dividend • Aug 19Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 24 September 2021. Trailing yield: 0.7%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (1.6%).
Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS NT$1.59 (vs NT$0.25 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$13.4b (up 71% from 2Q 2020). Net income: NT$2.28b (up NT$2.64b from 2Q 2020). Profit margin: 17% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improved over the past weekAfter last week's 27% share price gain to NT$61.20, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 388% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$53.14 per share.
Valuation Update With 7 Day Price Move • May 09Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$52.20, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 383% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$50.98 per share.
Reported Earnings • May 04First quarter 2021 earnings released: EPS NT$1.18 (vs NT$0.087 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$10.8b (up 7.2% from 1Q 2020). Net income: NT$1.70b (up NT$1.83b from 1Q 2020). Profit margin: 16% (up from net loss in 1Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance.
分析記事 • May 01Does Chung Hung Steel (TPE:2014) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$28.70, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 158% over the past three years.
Major Estimate Revision • Apr 16Consensus EPS estimates increase to NT$2.43The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from NT$41.8b to NT$44.3b. EPS estimate increased from NT$1.88 to NT$2.43 per share. Net income forecast to grow 428% next year vs 29% growth forecast for Metals and Mining industry in Taiwan. Consensus price target up from NT$19.17 to NT$23.67. Share price rose 15% to NT$28.70 over the past week.
Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$20.75, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 78% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$13.77 per share.
分析記事 • Mar 20What We Make Of Chung Hung Steel's (TPE:2014) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Is New 90 Day High Low • Mar 04New 90-day high: NT$18.60The company is up 54% from its price of NT$12.05 on 04 December 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$16.90 per share.
分析記事 • Mar 02Chung Hung Steel's (TPE:2014) Solid Earnings Have Been Accounted For ConservativelyThe market seemed underwhelmed by the solid earnings posted by Chung Hung Steel Corporation ( TPE:2014 ) recently...
分析記事 • Feb 26A Look At The Intrinsic Value Of Chung Hung Steel Corporation (TPE:2014)Does the February share price for Chung Hung Steel Corporation ( TPE:2014 ) reflect what it's really worth? Today, we...
お知らせ • Feb 25Chung Hung Steel Corporation, Annual General Meeting, Jun 24, 2021Chung Hung Steel Corporation, Annual General Meeting, Jun 24, 2021, at 09:30 Taipei Standard Time. Location: No. 2, Ln. 12, Hongyi 1st Rd., Nanzi Dist CPC Corporation Hongnan Training Classroom Kaohsiung City Taiwan Agenda: To consider 2020 business and financial report; to consider audit committee's review report on statements for 2020; to consider report 2020 employees' profit sharing bonus and directors' remuneration; to consider report on 2nd unsecured ordinary corporate bonds of Chung Hung Steel Corporation in 2020; to consider report on amendments to the rules and procedures of Board of directors meetings; to approval of the proposal for earnings distribution in 2020; to discussion on amendments to the regulation of shareholders; and to consider election of directors.