Yuen Chang Stainless Steel Co., Ltd. processes, manufactures, and supplies stainless steel products in Taiwan and internationally.
Imperfect balance sheet and overvalued.
Share Price & News
How has Yuen Chang Stainless Steel's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2069's share price has been volatile over the past 3 months.
7 Day Return
TW Metals and Mining
1 Year Return
TW Metals and Mining
Return vs Industry: 2069 underperformed the TW Metals and Mining industry which returned -16% over the past year.
Return vs Market: 2069 underperformed the TW Market which returned 7.2% over the past year.
Price Volatility Vs. Market
How volatile is Yuen Chang Stainless Steel's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StYuen Chang Stainless Steel (TPE:2069) Use Of Debt Could Be Considered Risky
2 months ago | Simply Wall StShould You Worry About Yuen Chang Stainless Steel Co., Ltd.’s (TPE:2069) ROCE?
3 months ago | Simply Wall StInvestors Who Bought Yuen Chang Stainless Steel (TPE:2069) Shares Three Years Ago Are Now Down 37%
Is Yuen Chang Stainless Steel undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 2069 (NT$14.8) is trading above our estimate of fair value (NT$6.46)
Significantly Below Fair Value: 2069 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2069 is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: 2069 is unprofitable, so we can't compare its PE Ratio to the TW market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2069's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2069 is good value based on its PB Ratio (0.7x) compared to the TW Metals and Mining industry average (1x).
How is Yuen Chang Stainless Steel forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Yuen Chang Stainless Steel has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of 2069’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore growth companies in the Materials industry.
How has Yuen Chang Stainless Steel performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2069 is currently unprofitable.
Growing Profit Margin: 2069 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 2069 is unprofitable, but has reduced losses over the past 5 years at a rate of 23.2% per year.
Accelerating Growth: Unable to compare 2069's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2069 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-44.1%).
Return on Equity
High ROE: 2069 has a negative Return on Equity (-2.77%), as it is currently unprofitable.
How is Yuen Chang Stainless Steel's financial position?
Financial Position Analysis
Short Term Liabilities: 2069's short term assets (NT$3.4B) exceed its short term liabilities (NT$3.2B).
Long Term Liabilities: 2069's short term assets (NT$3.4B) exceed its long term liabilities (NT$1.7B).
Debt to Equity History and Analysis
Debt Level: 2069's debt to equity ratio (138.2%) is considered high.
Reducing Debt: 2069's debt to equity ratio has increased from 124.5% to 138.2% over the past 5 years.
Debt Coverage: 2069's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: 2069 is unprofitable, therefore interest payments are not well covered by earnings.
What is Yuen Chang Stainless Steel's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2069's dividend (3.38%) is higher than the bottom 25% of dividend payers in the TW market (2.52%).
High Dividend: 2069's dividend (3.38%) is low compared to the top 25% of dividend payers in the TW market (5.65%).
Stability and Growth of Payments
Stable Dividend: 2069 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2069 has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: 2069 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Yuen Chang Stainless Steel has no CEO, or we have no data on them.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Yuen Chang Stainless Steel Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Yuen Chang Stainless Steel Co., Ltd.
- Ticker: 2069
- Exchange: TSEC
- Founded: 1987
- Industry: Steel
- Sector: Materials
- Market Cap: NT$2.315b
- Shares outstanding: 156.39m
- Website: https://www.yuenchang.com.tw
- Yuen Chang Stainless Steel Co., Ltd.
- No. 235, Jungjeng 4th Road
- 13th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2069||GTSM (Taipei Exchange)||Yes||Common Shares||TW||TWD||Feb 2015|
|2069||TSEC (Taiwan Stock Exchange)||Yes||Common Shares||TW||TWD||Feb 2015|
Yuen Chang Stainless Steel Co., Ltd. processes, manufactures, and supplies stainless steel products in Taiwan and internationally. The company offers stainless steel coils, sheets, plates, and strips. Its products are used in information technology, medical instruments, computer and peripherals, auto parts, home appliances, etc. The company was founded in 1987 and is headquartered in Kaohsiung, Taiwan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/28 06:15|
|End of Day Share Price||2020/05/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.