HSIN KUANG STEEL COMPANY LIMITED |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 60.5 TWD | -1.31% |
|
+5.22% | +4.85% |
| 03-13 | Hsin Kuang Steel Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| 03-12 | Hsin Kuang Steel Company Limited Approves the Cash Dividends on Common Stock | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 9,787 | 12,119 | 18,691 | 13,777 | 18,530 | 19,429 | - |
| Enterprise Value (EV) 1 | 9,787 | 21,219 | 24,183 | 19,885 | 18,530 | 19,429 | 19,429 |
| P/E ratio | 80.8 x | 15.2 x | 6.75 x | 35.2 x | 11.2 x | 10.3 x | 10.6 x |
| Yield | - | 5.07% | 6.87% | 2.33% | - | 5.79% | 5.64% |
| Capitalization / Revenue | 1.15 x | 1.23 x | 1.33 x | 0.8 x | 1.15 x | 1.18 x | 1.07 x |
| EV / Revenue | 1.15 x | 1.23 x | 1.33 x | 0.8 x | 1.15 x | 1.18 x | 1.07 x |
| EV / EBITDA | 737 x | 19.1 x | 6.68 x | 14.3 x | 16.8 x | 11.7 x | 9.49 x |
| EV / FCF | -79.6 x | -7.25 x | -84.6 x | 14 x | - | 3.17 x | -3.13 x |
| FCF Yield | -1.26% | -13.8% | -1.18% | 7.14% | - | 31.6% | -31.9% |
| Price to Book | - | 1.64 x | 1.72 x | 1.47 x | - | 1.6 x | 1.5 x |
| Nbr of stocks (in thousands) | 310,688 | 307,188 | 321,146 | 321,146 | 321,146 | 321,146 | - |
| Reference price 2 | 31.50 | 39.45 | 58.20 | 42.90 | 57.70 | 60.50 | 60.50 |
| Announcement Date | 25/03/20 | 15/03/21 | 16/03/22 | 21/03/23 | 13/03/24 | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 8,478 | 9,852 | 14,103 | 17,156 | 16,075 | 16,503 | 18,212 |
| EBITDA 1 | 13.29 | 634.2 | 2,800 | 962.2 | 1,101 | 1,661 | 2,048 |
| EBIT 1 | -97.9 | 469.7 | 2,637 | 764.8 | 858.3 | 1,413 | 1,594 |
| Operating Margin | -1.15% | 4.77% | 18.7% | 4.46% | 5.34% | 8.56% | 8.75% |
| Earnings before Tax (EBT) 1 | 124.5 | 913 | 3,308 | 659.8 | 1,858 | 2,315 | 2,172 |
| Net income 1 | 120.7 | 829.1 | 2,720 | 393.6 | 1,655 | 1,896 | 1,835 |
| Net margin | 1.42% | 8.42% | 19.29% | 2.29% | 10.29% | 11.49% | 10.08% |
| EPS 2 | 0.3900 | 2.600 | 8.620 | 1.220 | 5.140 | 5.900 | 5.715 |
| Free Cash Flow 1 | -122.9 | -1,671 | -221 | 983 | - | 6,138 | -6,203 |
| FCF margin | -1.45% | -16.96% | -1.57% | 5.73% | - | 37.19% | -34.06% |
| FCF Conversion (EBITDA) | - | - | - | 102.17% | - | 369.54% | - |
| FCF Conversion (Net income) | - | - | - | 249.78% | - | 323.73% | - |
| Dividend per Share 2 | - | 2.000 | 4.000 | 1.000 | - | 3.500 | 3.410 |
| Announcement Date | 25/03/20 | 15/03/21 | 16/03/22 | 21/03/23 | 13/03/24 | - | - |
1TWD in Million2TWD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,797 | 3,202 | 4,619 | 4,120 | 4,264 | 4,152 | 3,634 | 3,868 | 4,444 | 4,129 | 3,466 | 4,082 | 4,284 | 4,671 | 3,939 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 884.1 | 492.5 | 289.6 | 383.4 | 54.31 | 37.42 | 396.6 | 86.94 | 187.2 | 187.6 | 191 | 258 | 355 | 400 | 216 |
| Operating Margin | 23.29% | 15.38% | 6.27% | 9.31% | 1.27% | 0.9% | 10.91% | 2.25% | 4.21% | 4.54% | 5.51% | 6.32% | 8.29% | 8.56% | 5.48% |
| Earnings before Tax (EBT) 1 | 786.4 | 671.4 | 311 | 283.8 | -119.5 | 184.5 | 530.1 | 472.3 | 463 | 392.1 | 814 | 321 | 590 | 590 | 479 |
| Net income 1 | 581.1 | 575.7 | 233.6 | 136.6 | -155.5 | 178.8 | 441.7 | 438.3 | 428.1 | 346.7 | 687 | 263 | 478 | 468 | 431 |
| Net margin | 15.31% | 17.98% | 5.06% | 3.31% | -3.65% | 4.31% | 12.16% | 11.33% | 9.63% | 8.4% | 19.82% | 6.44% | 11.16% | 10.02% | 10.94% |
| EPS 2 | 1.810 | 1.790 | 0.7300 | 0.4300 | -0.4800 | 0.5500 | 1.380 | 1.360 | 1.330 | 1.080 | 2.140 | 0.8200 | 1.490 | 1.460 | 1.340 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/11/21 | 16/03/22 | 11/05/22 | 02/08/22 | 08/11/22 | 21/03/23 | 10/05/23 | 07/08/23 | 07/11/23 | 13/03/24 | - | - | - | - | - |
1TWD in Million2TWD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt | - | 9,101 | 5,492 | 6,107 | - | - | - |
| Net Cash position | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 14.35 x | 1.961 x | 6.347 x | - | - | - |
| Free Cash Flow 1 | -123 | -1,671 | -221 | 983 | - | 6,138 | -6,203 |
| ROE (net income / shareholders' equity) | 1.86% | 11.9% | 29.3% | 3.89% | - | 15.1% | 13.6% |
| ROA (Net income/ Total Assets) | 0.72% | 4.61% | 11.9% | 1.56% | - | 6.8% | 6.11% |
| Assets 1 | 16,685 | 17,989 | 22,908 | 25,180 | - | 27,882 | 30,057 |
| Book Value Per Share 2 | - | 24.10 | 33.90 | 29.20 | - | 37.90 | 40.40 |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex 1 | 541 | 1,400 | 737 | 355 | - | 800 | 750 |
| Capex / Sales | 6.38% | 14.21% | 5.22% | 2.07% | - | 4.85% | 4.12% |
| Announcement Date | 25/03/20 | 15/03/21 | 16/03/22 | 21/03/23 | 13/03/24 | - | - |
1TWD in Million2TWD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
60.5
TWD
Average target price
70.33
TWD
Spread / Average Target
+16.25%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +4.85% | 610M | |
| -0.05% | 25.48B | |
| +17.54% | 20.84B | |
| -7.04% | 12.04B | |
| +25.12% | 11.2B | |
| +13.11% | 10.86B | |
| +10.96% | 10.04B | |
| -5.27% | 7.91B | |
| +26.22% | 7.24B | |
| +0.74% | 6.99B |
- Stock Market
- Equities
- 2031 Stock
- Financials Hsin Kuang Steel Company Limited
