China Steel Corporation

TWSE:2002 Stock Report

Market Cap: NT$351.7b

China Steel Future Growth

Future criteria checks 3/6

China Steel is forecast to grow earnings and revenue by 63.4% and 2.4% per annum respectively. EPS is expected to grow by 55.5% per annum. Return on equity is forecast to be 4.2% in 3 years.

Key information

63.4%

Earnings growth rate

55.5%

EPS growth rate

Metals and Mining earnings growth46.6%
Revenue growth rate2.4%
Future return on equity4.2%
Analyst coverage

Good

Last updated28 Jun 2024

Recent future growth updates

Recent updates

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

We Think China Steel (TPE:2002) Is Taking Some Risk With Its Debt

Mar 12
We Think China Steel (TPE:2002) Is Taking Some Risk With Its Debt

Do Investors Have Good Reason To Be Wary Of China Steel Corporation's (TPE:2002) 2.0% Dividend Yield?

Feb 22
Do Investors Have Good Reason To Be Wary Of China Steel Corporation's (TPE:2002) 2.0% Dividend Yield?

Calculating The Intrinsic Value Of China Steel Corporation (TPE:2002)

Jan 23
Calculating The Intrinsic Value Of China Steel Corporation (TPE:2002)

Did You Participate In Any Of China Steel's (TPE:2002) Respectable 63% Return?

Dec 28
Did You Participate In Any Of China Steel's (TPE:2002) Respectable 63% Return?

Are Dividend Investors Making A Mistake With China Steel Corporation (TPE:2002)?

Nov 23
Are Dividend Investors Making A Mistake With China Steel Corporation (TPE:2002)?

Earnings and Revenue Growth Forecasts

TWSE:2002 - Analysts future estimates and past financials data (TWD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026382,67823,906N/AN/A2
12/31/2025388,41419,92714,89346,0057
12/31/2024376,9047,64644,63158,1448
3/31/2024365,7342,980-3,44834,775N/A
12/31/2023363,3261,6281,04138,690N/A
9/30/2023370,309-5,43110,89043,833N/A
6/30/2023387,421-2,802-2,59631,323N/A
3/31/2023425,7016,248-11,50319,217N/A
12/31/2022449,56717,730-7,61524,343N/A
9/30/2022483,67040,251-1,13429,002N/A
6/30/2022503,90858,03519,29444,919N/A
3/31/2022485,71863,64749,16174,518N/A
12/31/2021468,32861,90250,19971,304N/A
9/30/2021426,45449,58248,71770,821N/A
6/30/2021377,52529,17651,58376,228N/A
3/31/2021334,68612,10135,13660,639N/A
12/31/2020314,78383236,21263,215N/A
9/30/2020311,612-4,90127,00255,896N/A
6/30/2020325,658-2,0619,45837,788N/A
3/31/2020347,9302,9069,75238,526N/A
12/31/2019366,2418,75613,16840,254N/A
9/30/2019386,02515,33119,77643,572N/A
6/30/2019398,06220,41338,84560,709N/A
3/31/2019403,50523,40048,36967,791N/A
12/31/2018400,66524,40146,36265,104N/A
9/30/2018386,69124,60847,33167,859N/A
6/30/2018372,87720,93344,41364,464N/A
3/31/2018357,41717,75633,29153,907N/A
12/31/2017347,01216,852N/A49,471N/A
9/30/2017338,93814,198N/A37,869N/A
6/30/2017323,61417,310N/A39,224N/A
3/31/2017311,08219,207N/A48,090N/A
12/31/2016293,05615,985N/A55,181N/A
9/30/2016273,87810,869N/A59,717N/A
6/30/2016267,9794,938N/A55,580N/A
3/31/2016269,2092,507N/A52,103N/A
12/31/2015285,0547,551N/A49,275N/A
9/30/2015311,72515,818N/A49,436N/A
6/30/2015336,30021,688N/A53,969N/A
3/31/2015354,89923,984N/A62,044N/A
12/31/2014366,51122,079N/A64,453N/A
9/30/2014364,25918,851N/A64,894N/A
6/30/2014359,25016,016N/A67,131N/A
3/31/2014351,78415,756N/A52,671N/A
12/31/2013347,82915,928N/A54,266N/A
9/30/2013344,53114,380N/A64,504N/A
6/30/2013340,88312,560N/A55,529N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2002's forecast earnings growth (63.4% per year) is above the savings rate (1%).

Earnings vs Market: 2002's earnings (63.4% per year) are forecast to grow faster than the TW market (18% per year).

High Growth Earnings: 2002's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 2002's revenue (2.4% per year) is forecast to grow slower than the TW market (11.8% per year).

High Growth Revenue: 2002's revenue (2.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2002's Return on Equity is forecast to be low in 3 years time (4.2%).


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