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Hsin Kuang Steel Company Limited (2031.TW)

TWD40.25 +0.85 (+2.16%)
TW TAI Basic Materials Steel
Address No. 97, Chongxin Road 241
New Taipei City, TW
CEO Ming-Shan Jheng
Website hksteel.com.tw
IPO 2000-01-04
ISIN TW0002031002

Explore sections of this company profile

Description

Hsin Kuang Steel Company Limited, established in 1967 and headquartered in New Taipei City, Taiwan, operates primarily in the steel sector. Its core business involves the cutting, stamping, and distribution of a diverse range of steel products across Taiwan. The company's comprehensive product lineup includes steel coils and plates, round steel bars, stainless and alloy steels, and various specialized steel types. Beyond its foundational steel activities, Hsin Kuang Steel diversifies its operations through strategic investments in multiple business areas, such as manufacturing, securities, banking, and insurance. The company also manufactures and sells metal products for the construction industry and energy-related equipment. Furthermore, it provides leasing and warehousing services, and is actively involved in the production and processing of large-scale metal structures, steel bridges, architectural components, and specialized steel plates for the automotive industry.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
TWD40.25 +0.85 (+2.16%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.54
Float Shares
243.16M
Free Float %
75.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.75% -0.63% -4.04% -0.88% +2.89% +3.16% -8.09% -13.08% -39.78% +161.33% +1,351.85%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
40.25
DCF (Unlevered) 100.64 +150.0%
DCF (Levered) 78.70 +95.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2025-12 Change
Strong Buy 1 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.69
Distress
Piotroski F-Score
8 / 9
Strong
MOAT Score
3 / 10
No MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • ✓
    Revenue growth Steel: +1.2%
    +15.1% ★ Q1'26: -9.0% (vs Q1'25)
  • ✗
    EPS growth Steel: +17.4%
    -26.8% Q1'26: +120.8% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Steel: +44.2%
    +8.9% Q1'26: -4.6% (vs Q1'25)
  • ✗
    EBIT margin Steel: +5.8%
    +5.4% Q1'26: +9.3% (vs Q1'25)
  • ✗
    ROIC Steel: +4.3%
    +3.5% Q1'26: +4.9% (vs Q1'25)
  • ✓
    Share dilution Steel: +0.0%
    0.0% Q1'26: +0.4% (vs Q1'25)
  • ✗
    Debt / EBITDA Net debt/EBITDA · Steel: 0.57×
    12.42× Q1'26: 7.47× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.57) × ERP
WACC = 46% × Ke + 54% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 97.10 Current price: 40.25
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual 		Dec 2016
actual 		Dec 2017
actual 		Dec 2018
actual 		Dec 2019
actual 		Dec 2020
actual 		Dec 2021
actual 		Dec 2022
actual 		Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
1 Rev. Ana.
1 EPS Ana.
Revenue
6.45B
est: 9.45B (-31.7%)
6.41B
est: 6.07B (+5.7%)
8.35B
est: 8.35B (+0.0%)
8.84B
est: 9.02B (-2.1%)
8.48B
est: 8.48B (0.0%)
9.85B
est: 9.85B (+0.0%)
14.10B
est: 14.10B (+0.0%)
17.16B
est: 17.34B (-1.1%)
16.07B
est: 15.71B (+2.3%)
14.59B
est: 14.59B (+0.0%)
16.80B
est: 17.78B (-5.5%)
17.35B
17.35B – 17.35B
-2.4% YoY
EBITDA
-230.11M
est: 1.39B (-116.6%)
980.42M
est: 889.42M (+10.2%)
1.39B
est: 1.22B (+13.7%)
1.36B
est: 1.32B (+2.4%)
350.30M
est: 1.24B (-71.8%)
1.20B
est: 1.44B (-16.6%)
3.43B
est: 2.07B (+66.0%)
1.07B
est: 2.54B (-57.8%)
2.48B
est: 2.14B (+15.8%)
2.20B
est: 1.99B (+10.5%)
1.19B
est: 2.42B (-50.9%)
2.37B
2.37B – 2.37B
-2.4% YoY
EBIT
-316.92M
est: 1.25B (-125.4%)
904.72M
est: 801.49M (+12.9%)
1.32B
est: 1.10B (+19.3%)
1.28B
est: 1.19B (+7.7%)
291.94M
est: 1.12B (-73.9%)
1.04B
est: 1.30B (-20.1%)
3.42B
est: 1.86B (+83.5%)
879.89M
est: 2.29B (-61.6%)
2.24B
est: 1.91B (+17.1%)
1.94B
est: 1.78B (+9.2%)
905.30M
est: 2.17B (-58.2%)
2.11B
2.11B – 2.11B
-2.4% YoY
Net Income
-401.88M
est: 115.99M (-446.5%)
747.77M
est: 741.02M (+0.9%)
1.07B
est: 1.13B (-5.4%)
978.73M
est: 1.13B (-13.7%)
120.67M
est: 177.20M (-31.9%)
829.11M
est: 875.26M (-5.3%)
2.72B
est: 2.70B (+0.6%)
393.56M
est: 395.21M (-0.4%)
1.65B
est: 2.98B (-44.4%)
1.44B
est: 1.67B (-13.3%)
1.06B
est: 1.10B (-4.0%)
1.31B
1.31B – 1.31B
+18.7% YoY
SGA
192.85M
est: 319.57M (-39.7%)
243.88M
est: 205.10M (+18.9%)
344.51M
est: 282.40M (+22.0%)
310.86M
est: 305.16M (+1.9%)
239.65M
est: 286.70M (-16.4%)
342.39M
est: 333.14M (+2.8%)
492.15M
est: 476.91M (+3.2%)
427.07M
est: 586.41M (-27.2%)
554.16M
est: 526.60M (+5.2%)
584.65M
est: 489.15M (+19.5%)
559.05M
est: 595.92M (-6.2%)
581.64M
581.64M – 581.64M
-2.4% YoY
EPS
-1.45
est: 0.36 (-502.8%)
2.67
est: 2.30 (+16.1%)
3.49
est: 3.50 (-0.2%)
3.17
est: 3.52 (-9.9%)
0.39
est: 0.55 (-29.1%)
2.69
est: 2.72 (-1.0%)
8.62
est: 8.39 (+2.7%)
1.23
est: 1.23 (+0.3%)
5.15
est: 9.25 (-44.3%)
4.51
est: 5.17 (-12.8%)
3.30
est: 3.42 (-3.5%)
4.06
4.06 – 4.06
+18.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-05-06 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-05-05 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-05-04 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-30 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-29 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-28 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-27 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-24 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-23 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-22 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-21 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-20 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-17 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5
2026-04-16 A 4/5 5/5 4/5 5/5 1/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.64B
OE per share TTM
8.17
Owner's Yield
20.67%
Maintenance CapEx ratio
226.07%
Maint CapEx / Avg PPE
34.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 27 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.03% 214.7K 0.65%
2 Avantis Emerging Markets Small Cap Equity ETF AVEE 0.02% 26.3K 0.42%
3 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.01% 946.7K 0.06%
4 Avantis Emerging Markets Equity UCITS ETF USD Acc AVEM.L 0.01% 16.3K 0.35%
5 Dimensional - Emerging Markets Value ETF DFEV 0.01% 109.7K 0.46%
6 Dimensional - Emerging Markets ex China Core Equity ETF DEXC 0.01% 16.9K 0.56%
7 Dimensional Emerging Markets Sustainability Core 1 ETF DFSE 0.01% 31.4K 0.44%
8 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 394.2K 0.39%
9 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 249.2K 0.29%
10 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 67.0K 0.26%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
3.24M
Shares Outstanding
321.15M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
C. H. Yu Vice GM of Special Steel Operations & Director — male
Chao-Lang Hsu Vice General Manager of Administration Department — male
Hui Liu Vice General Manager of Finance & Accounting — female
Junjie Huang Deputy General Manager — —
Ming-Shan Jheng GM & DIrector — male
Y. J. Su Vice GM of Operations & Director — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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