Century Iron & Steel Industrial Co., Ltd. (9958) AI Stock Analysis

Century Iron & Steel Industrial Co., Ltd.

(TWSE:9958)

Select Model

Rating:68Neutral

Price Target:TWD 83.00▲(13.54% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is supported by attractive valuation and strong operating performance, but increased leverage, limited cash-flow coverage, and clearly weak technical momentum materially reduce the rating.

Positive Factors

Margin expansionThe sharp improvement in gross and EBITDA margins indicates materially stronger earnings conversion from the company’s steel fabrication activities. If maintained, better profitability can support reinvestment, strengthen resilience against cost pressure, and improve returns across future construction and infrastructure projects.

Negative Factors

Higher leverageThe sharp increase in debt relative to equity raises financial risk and reduces flexibility if construction demand or project execution weakens. Greater leverage can also increase financing needs and constrain management’s ability to invest, absorb volatility, or return capital during a downturn.

Century Iron & Steel Industrial Co., Ltd. (9958) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 19.40B
Dividend Yield: 6.03%
Average Volume (3M): 1.57M
Price to Earnings (P/E): 10.6
Beta (1Y): 0.50
Revenue Growth: 35.63%
EPS Growth: 31.07%
Country: TW
Employees: 152
Sector: General
Sector Strength: 55
Industry: Manufacturing - Metal Fabrication

Century Iron & Steel Industrial Co., Ltd. Business Overview & Revenue Model

Company Description

Century Iron and Steel Industrial Co., Ltd., established in 1987 and headquartered in Taoyuan City, Taiwan, specializes in the fabrication and distribution of steel structures. Operating across Taiwan and Myanmar, the company also provides welding se...

Century Iron & Steel Industrial Co., Ltd. Financial Statement Overview

Summary

Strong revenue growth and profitability are offset by higher leverage, declining equity, recent net-income weakness, and limited cash-flow coverage of obligations.

Income Statement

82Very Positive

Balance Sheet

62Positive

Cash Flow

70Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Mar 2023	Dec 2021
Income Statement
Total Revenue	16.76B	14.46B	12.47B	14.52B	9.22B	9.94B
Gross Profit	4.52B	4.24B	3.52B	2.47B	442.50M	2.14B
EBITDA	5.37B	4.90B	4.64B	3.08B	950.08M	2.40B
Net Income	1.74B	1.65B	1.76B	1.05B	100.96M	1.26B
Balance Sheet
Total Assets	58.14B	41.83B	41.32B	35.50B	29.36B	26.87B
Cash, Cash Equivalents and Short-Term Investments	13.21B	12.32B	8.84B	4.26B	3.19B	2.36B
Total Debt	24.96B	16.84B	14.10B	17.45B	13.65B	11.84B
Total Liabilities	32.80B	20.46B	18.85B	21.82B	19.12B	16.77B
Stockholders Equity	11.78B	11.11B	12.70B	8.87B	6.96B	7.30B
Cash Flow
Free Cash Flow	-8.84B	5.19B	1.67B	-4.67B	-2.12B	-4.48B
Operating Cash Flow	4.01B	7.64B	3.51B	-376.78M	1.37B	-756.89M
Investing Cash Flow	-9.89B	-3.13B	-1.87B	-4.56B	-2.62B	-5.24B
Financing Cash Flow	7.72B	-1.05B	2.94B	4.21B	1.07B	5.97B

Century Iron & Steel Industrial Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:9958 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	68Neutral	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:2014	39Underperform	TWD 21.68B	-79.56	―	―	-17.47%	84.17%
TW:2208	25Underperform	TWD 21.41B	42.59	―	―	-11.51%	―

* General Sector Average

Performance Comparison

TW:9958 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:9958	Century Iron & Steel Industrial Co., Ltd.	73.10	-57.63	-44.08%
TW:2014	Chung Hung Steel Corporation	15.10	0.20	1.34%
TW:2208	CSBC Corp. Taiwan	16.75	-2.85	-14.54%
TW:5007	San Shing Fastech Corp.	55.90	7.34	15.12%
TW:7786	Dong Fang Offshore Co., Ltd.	108.00	-74.16	-40.71%
TW:9957	Yieh United Steel Corp.	5.55	-0.47	-7.81%

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

Century Iron & Steel Industrial Co., Ltd. AI Stock Analysis