China Steel Chemical Future Growth

Future criteria checks 1/6

China Steel Chemical is forecast to grow earnings and revenue by 8.4% and 6.6% per annum respectively while EPS is expected to grow by 7.7% per annum.

Key information

8.4%

Earnings growth rate

7.7%

EPS growth rate

Chemicals earnings growth	71.9%
Revenue growth rate	6.6%
Future return on equity	n/a
Analyst coverage	Low
Last updated	23 Sep 2024

Recent future growth updates

Recent updates

Is China Steel Chemical Corporation (TPE:1723) Expensive For A Reason? A Look At Its Intrinsic Value

Feb 22

Here's Why China Steel Chemical (TPE:1723) Can Manage Its Debt Responsibly

Feb 08

Does It Make Sense To Buy China Steel Chemical Corporation (TPE:1723) For Its Yield?

Jan 25

Reflecting on China Steel Chemical's (TPE:1723) Share Price Returns Over The Last Three Years

Jan 07

China Steel Chemical Corporation (TPE:1723) On An Uptrend: Could Fundamentals Be Driving The Stock?

Dec 10

Are Investors Concerned With What's Going On At China Steel Chemical (TPE:1723)?

Nov 23

Earnings and Revenue Growth Forecasts

TWSE:1723 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	8,444	1,410	-280	2,012	2
12/31/2024	7,931	1,322	-404	1,840	2
9/30/2024	7,773	1,258	203	1,116	N/A
6/30/2024	7,511	1,251	373	1,224	N/A
3/31/2024	7,776	1,387	626	1,390	N/A
12/31/2023	8,318	1,436	559	1,107	N/A
9/30/2023	8,640	1,498	1,046	1,666	N/A
6/30/2023	9,410	1,609	1,771	2,121	N/A
3/31/2023	10,358	1,686	2,135	2,442	N/A
12/31/2022	10,460	1,703	2,377	2,629	N/A
9/30/2022	10,290	1,594	2,303	2,372	N/A
6/30/2022	9,977	1,476	1,934	2,183	N/A
3/31/2022	8,686	1,207	1,301	1,523	N/A
12/31/2021	7,982	1,098	1,168	1,375	N/A
9/30/2021	7,370	1,064	1,177	1,316	N/A
6/30/2021	6,236	896	679	823	N/A
3/31/2021	5,433	770	876	1,010	N/A
12/31/2020	5,364	717	911	1,020	N/A
9/30/2020	5,409	661	888	1,084	N/A
6/30/2020	6,406	912	1,097	1,325	N/A
3/31/2020	7,122	1,084	875	1,223	N/A
12/31/2019	7,542	1,293	1,032	1,542	N/A
9/30/2019	8,255	1,501	1,102	1,801	N/A
6/30/2019	8,413	1,532	1,053	1,897	N/A
3/31/2019	8,566	1,574	1,037	1,988	N/A
12/31/2018	8,560	1,508	736	1,798	N/A
9/30/2018	7,825	1,471	374	1,439	N/A
6/30/2018	7,072	1,330	N/A	1,420	N/A
3/31/2018	6,567	1,221	N/A	1,210	N/A
12/31/2017	6,242	1,160	N/A	928	N/A
9/30/2017	6,032	1,135	N/A	811	N/A
6/30/2017	5,779	1,087	N/A	716	N/A
3/31/2017	5,605	1,060	N/A	825	N/A
12/31/2016	5,144	1,031	N/A	796	N/A
9/30/2016	5,042	924	N/A	959	N/A
6/30/2016	5,126	970	N/A	1,082	N/A
3/31/2016	5,377	1,081	N/A	1,167	N/A
12/31/2015	5,738	1,239	N/A	1,505	N/A
9/30/2015	6,383	1,404	N/A	1,821	N/A
6/30/2015	7,291	1,710	N/A	1,632	N/A
3/31/2015	8,100	1,948	N/A	2,080	N/A
12/31/2014	8,904	2,187	N/A	2,120	N/A
9/30/2014	9,120	2,322	N/A	2,252	N/A
6/30/2014	9,134	2,336	N/A	2,620	N/A
3/31/2014	9,133	2,315	N/A	2,406	N/A
12/31/2013	8,820	2,210	N/A	2,310	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1723's forecast earnings growth (8.4% per year) is above the savings rate (1.1%).

Earnings vs Market: 1723's earnings (8.4% per year) are forecast to grow slower than the TW market (19.5% per year).

High Growth Earnings: 1723's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1723's revenue (6.6% per year) is forecast to grow slower than the TW market (12.6% per year).

High Growth Revenue: 1723's revenue (6.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if 1723's Return on Equity is forecast to be high in 3 years time

China Steel Chemical Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus revenue estimates decrease by 12%

Price target decreased by 9.2% to NT$129

Consensus revenue estimates increase by 11%

Consensus revenue estimates increase by 25%

Consensus forecasts updated

Price target increased to NT$128

Recent updates

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

China Steel Chemical Corporation to Report Q3, 2024 Results on Oct 31, 2024

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

China Steel Chemical Corporation to Report Q2, 2024 Results on Jul 30, 2024

Upcoming dividend of NT$4.00 per share

China Steel Chemical (TWSE:1723) Is Paying Out Less In Dividends Than Last Year

China Steel Chemical's (TWSE:1723) Dividend Is Being Reduced To NT$4.00

Dividend reduced to NT$4.00

China Steel Chemical Corporation Approves Cash Dividend for the Year 2023

China Steel Chemical Corporation Announces the Change of Representative of Legal Person Director

First quarter 2024 earnings: Revenues and EPS in line with analyst expectations

Is China Steel Chemical (TWSE:1723) Using Too Much Debt?

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

China Steel Chemical Corporation, Annual General Meeting, Jun 12, 2024

Consensus revenue estimates decrease by 12%

Price target decreased by 9.2% to NT$129

Third quarter 2023 earnings: EPS exceeds analyst expectations

Now 20% undervalued after recent price drop

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

China Steel Chemical Corporation Announces the Appointment of Hsieh Wen Jung as Chairman

Upcoming dividend of NT$5.00 per share at 4.3% yield

China Steel Chemical Corporation Approves Cash Dividend for 2022

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Less than half of directors are independent

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 20% undervalued after recent price drop

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of NT$4.00 per share

China Steel Chemical Corporation Approves Cash Dividend for 2021

Consensus revenue estimates increase by 11%

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Less than half of directors are independent

Consensus revenue estimates increase by 25%

Full year 2021 earnings: EPS misses analyst expectations

China Steel Chemical Corporation Announces Cash Dividend for the Year 2021

China Steel Chemical Corporation, Annual General Meeting, Jun 15, 2022

Chief Auditor Wei Wu Ming has left the company

Third quarter 2021 earnings released: EPS NT$1.42 (vs NT$0.70 in 3Q 2020)

Upcoming dividend of NT$2.80 per share

Second quarter 2021 earnings released: EPS NT$1.25 (vs NT$0.70 in 2Q 2020)

Chairman Wen Gee Lo has left the company

Consensus forecasts updated

Price target increased to NT$128

First quarter 2021 earnings released: EPS NT$1.01 (vs NT$0.78 in 1Q 2020)

Analysts increase EPS estimates to NT$5.42

Our Take On The Returns On Capital At China Steel Chemical (TPE:1723)

China Steel Chemical Corporation, Annual General Meeting, Jun 17, 2021

Full year 2020 earnings released: EPS NT$3.09 (vs NT$5.57 in FY 2019)

Revenue and earnings miss expectations

Is China Steel Chemical Corporation (TPE:1723) Expensive For A Reason? A Look At Its Intrinsic Value

Here's Why China Steel Chemical (TPE:1723) Can Manage Its Debt Responsibly

Price target raised to NT$113

Does It Make Sense To Buy China Steel Chemical Corporation (TPE:1723) For Its Yield?

New 90-day high: NT$113

Reflecting on China Steel Chemical's (TPE:1723) Share Price Returns Over The Last Three Years

New 90-day high: NT$105

China Steel Chemical Corporation (TPE:1723) On An Uptrend: Could Fundamentals Be Driving The Stock?

Analysts update estimates

Are Investors Concerned With What's Going On At China Steel Chemical (TPE:1723)?

New 90-day high: NT$96.90

Revenue and earnings miss expectations

Third quarter 2020 earnings released: EPS NT$0.70

New 90-day low: NT$92.00

New 90-day low - NT$92.20

New 90-day low - NT$97.60

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts