Sheng Yu Steel Co., Ltd.

TWSE:2029 Stock Report

Market Cap: NT$8.1b

Sheng Yu Steel Balance Sheet Health

Financial Health criteria checks 6/6

Sheng Yu Steel has a total shareholder equity of NT$10.0B and total debt of NT$103.4M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are NT$11.0B and NT$927.6M respectively. Sheng Yu Steel's EBIT is NT$662.0M making its interest coverage ratio -8.8. It has cash and short-term investments of NT$3.7B.

Key information

1.0%

Debt to equity ratio

NT$103.36m

Debt

Interest coverage ratio-8.8x
CashNT$3.69b
EquityNT$10.03b
Total liabilitiesNT$927.57m
Total assetsNT$10.96b

Recent financial health updates

Recent updates

Sheng Yu Steel (TWSE:2029) Is Increasing Its Dividend To NT$1.25

Jun 23
Sheng Yu Steel (TWSE:2029) Is Increasing Its Dividend To NT$1.25

Sheng Yu Steel's (TWSE:2029) Upcoming Dividend Will Be Larger Than Last Year's

Jun 09
Sheng Yu Steel's (TWSE:2029) Upcoming Dividend Will Be Larger Than Last Year's

Sheng Yu Steel (TWSE:2029) Has Announced That It Will Be Increasing Its Dividend To NT$1.25

May 26
Sheng Yu Steel (TWSE:2029) Has Announced That It Will Be Increasing Its Dividend To NT$1.25

Sheng Yu Steel (TWSE:2029) Will Pay A Larger Dividend Than Last Year At NT$1.25

May 12
Sheng Yu Steel (TWSE:2029) Will Pay A Larger Dividend Than Last Year At NT$1.25

Should You Or Shouldn't You: A Dividend Analysis on Sheng Yu Steel Co., Ltd. (TPE:2029)

Apr 21
Should You Or Shouldn't You: A Dividend Analysis on Sheng Yu Steel Co., Ltd. (TPE:2029)

Are Investors Concerned With What's Going On At Sheng Yu Steel (TPE:2029)?

Mar 09
Are Investors Concerned With What's Going On At Sheng Yu Steel (TPE:2029)?

We Think Sheng Yu Steel (TPE:2029) Can Manage Its Debt With Ease

Jan 31
We Think Sheng Yu Steel (TPE:2029) Can Manage Its Debt With Ease

Sheng Yu Steel (TPE:2029) Has Compensated Shareholders With A Respectable 88% Return On Their Investment

Jan 04
Sheng Yu Steel (TPE:2029) Has Compensated Shareholders With A Respectable 88% Return On Their Investment

Is Sheng Yu Steel (TPE:2029) Headed For Trouble?

Dec 09
Is Sheng Yu Steel (TPE:2029) Headed For Trouble?

Financial Position Analysis

Short Term Liabilities: 2029's short term assets (NT$7.9B) exceed its short term liabilities (NT$859.6M).

Long Term Liabilities: 2029's short term assets (NT$7.9B) exceed its long term liabilities (NT$68.0M).


Debt to Equity History and Analysis

Debt Level: 2029 has more cash than its total debt.

Reducing Debt: 2029's debt to equity ratio has reduced from 1.1% to 1% over the past 5 years.

Debt Coverage: 2029's debt is well covered by operating cash flow (1344%).

Interest Coverage: 2029 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies