Chung Hung Steel Corporation (2014) AI Stock Analysis

Chung Hung Steel Corporation

(TWSE:2014)

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Rating:40Underperform

Price Target:TWD 14.00▼(-7.28% Downside)

Action:initiatedcoverage

Date:11/10/26

Weak financial performance from declining revenue and negative margins is the primary drag, followed by bearish technical signals and unattractive valuation.

Positive Factors

Broad Steel Product ApplicationsThe company serves several downstream industrial applications rather than relying on a single end market. Its upstream-to-midstream steel position and flat-rolled product focus provide an established operating base that can participate in demand recovery across construction, manufacturing, and metalworking.

Negative Factors

Shrinking Revenue and Negative MarginsRecent contraction in revenue alongside deeply negative gross, operating, and net margins indicates substantial operating pressure. Weak pricing power and/or elevated costs are impairing profitability, reducing earnings visibility and limiting the company’s ability to benefit from its existing production base.

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

Revenue decline and negative margins weigh heavily despite strong cash flow generation.

Income Statement

22Negative

Balance Sheet

38Negative

Cash Flow

68Positive

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2014 against its peers
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	40Underperform	TWD 21.68B	-79.56	―	―	-17.47%	84.17%

* General Sector Average

Performance Comparison

TW:2014 and its peers over the selected period
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%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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

Chung Hung Steel Corporation AI Stock Analysis