Chung Hung Steel Corporation AI Stock Analysis
Chung Hung Steel Corporation (2014) AI Stock Analysis
Chung Hung Steel Corporation
(TWSE:2014)
Chung Hung Steel scores low primarily because of deteriorating fundamentals: four consecutive years of revenue decline, losses at the gross, operating and net level, and shrinking equity that has lifted debt-to-equity above 1.0x. Positive operating and free cash flow provide liquidity and allow ongoing debt reduction, which is the key mitigating factor. Technicals reinforce caution, with the price below all major moving averages and negative MACD, though oversold RSI and Stochastic readings suggest the shares may be near short-term exhaustion. Valuation offers little support given negative earnings and no dividend. The investment case depends on a recovery in steel spreads; until margins turn positive, equity erosion and leverage remain the primary risks.
Chung Hung Steel Corporation (2014) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 21.68B
- Dividend Yield
- ―
- Average Volume (3M)
- 2.21M
- Price to Earnings (P/E)
- -79.6
- Beta (1Y)
- 0.53
- Revenue Growth
- -17.47%
- EPS Growth
- 84.17%
- Country
- TW
- Employees
- 1,238
- Sector
- General
- Sector Strength
- 55
- Industry
- Steel
Chung Hung Steel Corporation Business Overview & Revenue Model
Company Description
Chung Hung Steel Corporation, a Taiwanese firm, specializes in the manufacturing and distribution of diverse steel products. Its comprehensive product line includes hot-rolled, cold-rolled, and hot-dipped galvanized steel coils, alongside various ste...
Chung Hung Steel Corporation Financial Statement Overview
Summary
Financials are weak and dominated by a deep cyclical downturn. Revenue has declined four straight years (from NT$53.7B in 2021 to NT$19.0B), and the company now sells below cost with a -8.4% gross margin, -10.6% operating margin and a NT$1.85B net loss (ROE -15.3%). Accumulated losses have nearly halved equity to NT$12.1B, pushing debt-to-equity to 1.15x despite absolute debt reduction. The offsetting strength is cash flow: operating cash flow swung to a positive NT$2.29B and free cash flow to NT$2.02B, aided by depreciation add-backs and working-capital release, supporting continued deleveraging without external financing. However, that cash generation is not sustainable indefinitely at current margin levels.
Income Statement
16Very NegativeBalance Sheet
38NegativeCash Flow
57Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 18.22B | 19.02B | 30.46B | 37.76B | 44.50B | 53.74B |
| Gross Profit | -280.86M | -1.59B | -745.77M | 512.31M | -1.13B | 7.55B |
| EBITDA | -218.97M | -1.38B | -306.79M | 1.06B | -682.92M | 7.78B |
| Net Income | -697.89M | -1.85B | -891.68M | 159.28M | -989.93M | 6.35B |
Balance Sheet | ||||||
| Total Assets | 26.38B | 26.89B | 30.47B | 32.99B | 36.76B | 37.48B |
| Cash, Cash Equivalents and Short-Term Investments | 3.77B | 3.51B | 2.91B | 3.60B | 6.06B | 2.68B |
| Total Debt | 12.79B | 13.96B | 15.32B | 14.85B | 17.71B | 10.06B |
| Total Liabilities | 14.10B | 14.77B | 16.29B | 16.73B | 19.70B | 14.92B |
| Stockholders Equity | 12.29B | 12.11B | 14.19B | 16.26B | 17.06B | 22.56B |
Cash Flow | ||||||
| Free Cash Flow | 2.45B | 2.02B | -691.43M | 1.37B | -295.21M | 1.67B |
| Operating Cash Flow | 2.68B | 2.29B | -113.34M | 1.76B | 27.53M | 2.02B |
| Investing Cash Flow | -206.45M | -484.73M | -378.90M | 453.32M | -775.09M | -1.20B |
| Financing Cash Flow | -2.05B | -1.73B | 68.86M | -3.41B | 3.51B | -604.63M |
Chung Hung Steel Corporation Peers Comparison
Overall Rating
TW:500773Outperform
TW:995863Neutral
TW:500949Neutral
TW:202343Neutral- TW:201439Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:5007 | 73Outperform | TWD 16.46B | 15.49 | ― | 5.37% | 0.29% | 31.68% |
| TW:9958 | 63Neutral | TWD 20.28B | 10.57 | ― | 6.03% | 35.63% | 31.07% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:5009 | 49Neutral | TWD 17.89B | 12.62 | ― | 3.93% | 2.95% | 34.37% |
| TW:2023 | 43Neutral | TWD 26.23B | -9.53 | ― | ― | -9.27% | 9.28% |
| TW:2014 | 39Underperform | TWD 21.68B | -79.56 | ― | ― | -17.47% | 84.17% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:2014 | Chung Hung Steel Corporation | 15.10 | 0.25 | 1.68% | |
| TW:2023 | Yieh Phui Enterprise Co., Ltd. | 14.10 | -0.75 | -5.05% | |
| TW:5007 | San Shing Fastech Corp. | 55.90 | 7.34 | 15.12% | |
| TW:5009 | Gloria Material Technology Corp | 30.55 | -0.63 | -2.02% | |
| TW:9957 | Yieh United Steel Corp. | 5.55 | -0.55 | -9.02% | |
| TW:9958 | Century Iron & Steel Industrial Co., Ltd. | 73.10 | -69.04 | -48.57% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 09, 2026