Chung Hung Steel Corp
Chung Hung Steel Corporation manufactures, process, and sells steel products in Taiwan. The company provides hot-rolled steel coils, cold-rolled steel coils, steel pipes, and hot-rolled pickled and oiled steel coils; hot and cold rolled galvanized coils; piping/plumbing, structural, line, and casing and tubing pipes; galvanized coils; and JIS, ASTM, and API steel pipes. Its products are used in s… Read more
Chung Hung Steel Corp (2014) - Net Assets
Latest net assets as of September 2025: NT$12.55 Billion TWD
Based on the latest financial reports, Chung Hung Steel Corp (2014) has net assets worth NT$12.55 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$28.01 Billion) and total liabilities (NT$15.46 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$12.55 Billion |
| % of Total Assets | 44.81% |
| Annual Growth Rate | 1.38% |
| 5-Year Change | -6.88% |
| 10-Year Change | 113.69% |
| Growth Volatility | 31.89 |
Chung Hung Steel Corp - Net Assets Trend (2002–2024)
This chart illustrates how Chung Hung Steel Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chung Hung Steel Corp (2002–2024)
The table below shows the annual net assets of Chung Hung Steel Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$14.19 Billion | -12.75% |
| 2023-12-31 | NT$16.26 Billion | -4.71% |
| 2022-12-31 | NT$17.06 Billion | -24.37% |
| 2021-12-31 | NT$22.56 Billion | +48.11% |
| 2020-12-31 | NT$15.23 Billion | +4.56% |
| 2019-12-31 | NT$14.57 Billion | -1.32% |
| 2018-12-31 | NT$14.76 Billion | +23.79% |
| 2017-12-31 | NT$11.93 Billion | +26.74% |
| 2016-12-31 | NT$9.41 Billion | +41.75% |
| 2015-12-31 | NT$6.64 Billion | -26.86% |
| 2014-12-31 | NT$9.08 Billion | +1.57% |
| 2013-12-31 | NT$8.94 Billion | +0.37% |
| 2012-12-31 | NT$8.90 Billion | -28.93% |
| 2011-12-31 | NT$12.53 Billion | -21.21% |
| 2010-12-31 | NT$15.90 Billion | +11.64% |
| 2009-12-31 | NT$14.24 Billion | +71.89% |
| 2008-12-31 | NT$8.28 Billion | -50.04% |
| 2007-12-31 | NT$16.58 Billion | +20.73% |
| 2006-12-31 | NT$13.74 Billion | +68.81% |
| 2005-12-31 | NT$8.14 Billion | -41.01% |
| 2004-12-31 | NT$13.79 Billion | +13.46% |
| 2003-12-31 | NT$12.16 Billion | +15.88% |
| 2002-12-31 | NT$10.49 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chung Hung Steel Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 15504900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$155.05 Million | 1.09% |
| Common Stock | NT$14.36 Billion | 101.20% |
| Other Comprehensive Income | NT$-326.03 Million | -2.30% |
| Other Components | NT$903.00K | 0.01% |
| Total Equity | NT$14.19 Billion | 100.00% |
Chung Hung Steel Corp Competitors by Market Cap
The table below lists competitors of Chung Hung Steel Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FIT Hon Teng Limited
PINK:FITGF
|
$458.84 Million |
|
Ning Xia Yin Xing Energy Co Ltd
SHE:000862
|
$459.10 Million |
|
Genting Plantations Bhd
KLSE:2291
|
$459.37 Million |
|
IMPRO PRECISION IND.HD-1
F:7IP
|
$459.38 Million |
|
Shanghai Kinetic Medical Co
SHE:300326
|
$458.69 Million |
|
BOUVET ASA NK 01
F:BV4
|
$458.49 Million |
|
Fengfan Power
SHG:601700
|
$458.45 Million |
|
NV Nederlandsche Apparatenfabriek Nedap
AS:NEDAP
|
$458.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chung Hung Steel Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,258,981,000 to 14,185,367,000, a change of -2,073,614,000 (-12.8%).
- Net loss of 891,679,000 reduced equity.
- Dividend payments of 143,554,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,017,921,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-891.68 Million | -6.29% |
| Dividends Paid | NT$143.55 Million | -1.01% |
| Other Comprehensive Income | NT$-1.02 Billion | -7.18% |
| Other Changes | NT$-20.46 Million | -0.14% |
| Total Change | NT$- | -12.75% |
Book Value vs Market Value Analysis
This analysis compares Chung Hung Steel Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.80x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.45x to 1.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$12.25 | NT$17.80 | x |
| 2007-12-31 | NT$14.78 | NT$17.80 | x |
| 2008-12-31 | NT$7.39 | NT$17.80 | x |
| 2009-12-31 | NT$10.53 | NT$17.80 | x |
| 2010-12-31 | NT$11.02 | NT$17.80 | x |
| 2011-12-31 | NT$8.73 | NT$17.80 | x |
| 2012-12-31 | NT$6.20 | NT$17.80 | x |
| 2013-12-31 | NT$6.22 | NT$17.80 | x |
| 2014-12-31 | NT$6.32 | NT$17.80 | x |
| 2015-12-31 | NT$4.62 | NT$17.80 | x |
| 2016-12-31 | NT$6.55 | NT$17.80 | x |
| 2017-12-31 | NT$8.31 | NT$17.80 | x |
| 2018-12-31 | NT$10.27 | NT$17.80 | x |
| 2019-12-31 | NT$10.15 | NT$17.80 | x |
| 2020-12-31 | NT$10.60 | NT$17.80 | x |
| 2021-12-31 | NT$15.63 | NT$17.80 | x |
| 2022-12-31 | NT$11.89 | NT$17.80 | x |
| 2023-12-31 | NT$11.32 | NT$17.80 | x |
| 2024-12-31 | NT$9.88 | NT$17.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chung Hung Steel Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.93%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 2.15x
- Recent ROE (-6.29%) is below the historical average (3.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 18.76% | 8.47% | 0.82x | 2.70x | NT$918.78 Million |
| 2003 | 13.71% | 5.48% | 1.11x | 2.26x | NT$450.83 Million |
| 2004 | 11.89% | 3.55% | 1.50x | 2.23x | NT$260.75 Million |
| 2006 | 37.00% | 11.18% | 1.58x | 2.09x | NT$3.71 Billion |
| 2007 | 16.19% | 5.64% | 1.46x | 1.96x | NT$1.03 Billion |
| 2008 | -45.47% | -7.66% | 1.33x | 4.46x | NT$-4.60 Billion |
| 2009 | 3.81% | 1.47% | 1.09x | 2.37x | NT$-881.06 Million |
| 2010 | 9.72% | 3.66% | 1.20x | 2.21x | NT$-45.09 Million |
| 2011 | -19.54% | -5.34% | 1.20x | 3.05x | NT$-3.70 Billion |
| 2012 | -39.01% | -8.03% | 1.21x | 4.00x | NT$-4.36 Billion |
| 2013 | 1.56% | 0.36% | 1.07x | 4.06x | NT$-754.26 Million |
| 2014 | 2.30% | 0.56% | 1.06x | 3.85x | NT$-699.21 Million |
| 2015 | -17.51% | -3.88% | 0.98x | 4.61x | NT$-1.83 Billion |
| 2016 | 20.33% | 5.72% | 1.08x | 3.30x | NT$972.14 Million |
| 2017 | 21.85% | 6.39% | 1.30x | 2.63x | NT$1.41 Billion |
| 2018 | 20.55% | 6.29% | 1.44x | 2.26x | NT$1.56 Billion |
| 2019 | 0.07% | 0.03% | 1.33x | 2.09x | NT$-1.45 Billion |
| 2020 | 3.47% | 1.44% | 1.36x | 1.78x | NT$-995.07 Million |
| 2021 | 28.15% | 11.82% | 1.43x | 1.66x | NT$4.09 Billion |
| 2022 | -5.80% | -2.22% | 1.21x | 2.15x | NT$-2.70 Billion |
| 2023 | 0.98% | 0.42% | 1.14x | 2.03x | NT$-1.47 Billion |
| 2024 | -6.29% | -2.93% | 1.00x | 2.15x | NT$-2.31 Billion |
Industry Comparison
This section compares Chung Hung Steel Corp's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $14,727,138,000
- Average return on equity (ROE) among peers: 3.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chung Hung Steel Corp (2014) | NT$12.55 Billion | 18.76% | 1.23x | $458.80 Million |
| 1480 (1480) | $3.18 Billion | 0.46% | 1.04x | $28.61 Million |
| Walsin Lihwa Corp (1605) | $62.20 Billion | -4.32% | 0.82x | $2.92 Billion |
| Tung Ho Steel Enterprise Corp (2006) | $27.71 Billion | 12.86% | 0.60x | $1.04 Billion |
| Yieh Hsing Enterprise Co Ltd (2007) | $3.58 Billion | 0.00% | 3.75x | $31.36 Million |
| Kao Hsiung Chang Iron & Steel Corp (2008) | $2.62 Billion | 0.00% | 3.66x | $28.78 Million |
| Chun Yuan Steel Industry Co Ltd (2010) | $10.15 Billion | 4.10% | 0.66x | $342.51 Million |
| Chun Yu Works & Co Ltd (2012) | $2.58 Billion | 3.92% | 1.85x | $36.48 Million |
| Feng Hsin Steel Co Ltd (2015) | $16.58 Billion | 10.95% | 0.18x | $690.55 Million |
| Quintain Steel Co Ltd (2017) | $3.95 Billion | 0.00% | 0.88x | $71.75 Million |