China Steel Corporation

TWSE:2002 Stock Report

Market Cap: NT$299.7b

China Steel Dividends and Buybacks

Dividend criteria checks 1/6

China Steel is a dividend paying company with a current yield of 1.82%.

Key information

1.8%

Dividend yield

1.3%

Buyback Yield

Total Shareholder Yield3.1%
Future Dividend Yield2.4%
Dividend Growth-0.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNT$0.350
Payout ratio137%

Recent dividend and buyback updates

China Steel (TWSE:2002) Is Paying Out Less In Dividends Than Last Year

Jul 23
China Steel (TWSE:2002) Is Paying Out Less In Dividends Than Last Year

China Steel (TWSE:2002) Will Pay A Smaller Dividend Than Last Year

Jul 04
China Steel (TWSE:2002) Will Pay A Smaller Dividend Than Last Year

Recent updates

Unpleasant Surprises Could Be In Store For China Steel Corporation's (TWSE:2002) Shares

Dec 24
Unpleasant Surprises Could Be In Store For China Steel Corporation's (TWSE:2002) Shares

China Steel's (TWSE:2002) Shareholders May Want To Dig Deeper Than Statutory Profit

Nov 15
China Steel's (TWSE:2002) Shareholders May Want To Dig Deeper Than Statutory Profit

Here's Why China Steel (TWSE:2002) Has A Meaningful Debt Burden

Sep 23
Here's Why China Steel (TWSE:2002) Has A Meaningful Debt Burden

China Steel Corporation's (TWSE:2002) Price In Tune With Revenues

Sep 02
China Steel Corporation's (TWSE:2002) Price In Tune With Revenues

China Steel Corporation Just Recorded A 5.9% EPS Beat: Here's What Analysts Are Forecasting Next

Aug 15
China Steel Corporation Just Recorded A 5.9% EPS Beat: Here's What Analysts Are Forecasting Next

The Returns On Capital At China Steel (TWSE:2002) Don't Inspire Confidence

Aug 09
The Returns On Capital At China Steel (TWSE:2002) Don't Inspire Confidence

China Steel (TWSE:2002) Is Paying Out Less In Dividends Than Last Year

Jul 23
China Steel (TWSE:2002) Is Paying Out Less In Dividends Than Last Year

China Steel (TWSE:2002) Will Pay A Smaller Dividend Than Last Year

Jul 04
China Steel (TWSE:2002) Will Pay A Smaller Dividend Than Last Year

China Steel (TWSE:2002) Has A Somewhat Strained Balance Sheet

Jun 13
China Steel (TWSE:2002) Has A Somewhat Strained Balance Sheet

Pinning Down China Steel Corporation's (TWSE:2002) P/S Is Difficult Right Now

May 02
Pinning Down China Steel Corporation's (TWSE:2002) P/S Is Difficult Right Now

China Steel (TWSE:2002) Could Be Struggling To Allocate Capital

Apr 13
China Steel (TWSE:2002) Could Be Struggling To Allocate Capital

We Think China Steel (TWSE:2002) Has A Fair Chunk Of Debt

Feb 29
We Think China Steel (TWSE:2002) Has A Fair Chunk Of Debt

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2002's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2002's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

China Steel Dividend Yield vs Market
How does 2002 dividend yield compare to the market?
SegmentDividend Yield
Company (2002)1.8%
Market Bottom 25% (TW)1.7%
Market Top 25% (TW)4.5%
Industry Average (Metals and Mining)3.3%
Analyst forecast (2002) (up to 3 years)2.4%

Notable Dividend: 2002's dividend (1.82%) is higher than the bottom 25% of dividend payers in the TW market (1.75%).

High Dividend: 2002's dividend (1.82%) is low compared to the top 25% of dividend payers in the TW market (4.51%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (136.8%), 2002's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 2002 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 03:57
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

China Steel Corporation is covered by 31 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ephrem RaviBarclays
Jim HungBNP Paribas Securities (Asia)
Jenny TsaiBNP Paribas Securities (Asia)