Tung Ho Steel Enterprise Corporation Logo

Tung Ho Steel Enterprise Corporation

2006.TW

(2.0)
Stock Price

72,80 TWD

8.64% ROA

15.84% ROE

11.96x PER

Market Cap.

56.956.692.000,00 TWD

52.71% DER

5.38% Yield

7.66% NPM

Tung Ho Steel Enterprise Corporation Stock Analysis

Tung Ho Steel Enterprise Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Tung Ho Steel Enterprise Corporation Fundamental Stock Analysis
# Analysis Rating
1 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

2 ROE

ROE in an average range (14.7%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (7.43%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 PBV

The stock's PBV ratio (1.69x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

5 DER

The stock has a reasonable amount of debt compared to its ownership (59%), suggesting a balanced financial position and a moderate level of risk.

6 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

7 Buffet Intrinsic Value

The company's stock seems undervalued (1.272) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

8 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

10 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

Tung Ho Steel Enterprise Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Tung Ho Steel Enterprise Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Tung Ho Steel Enterprise Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Tung Ho Steel Enterprise Corporation Revenue
Year Revenue Growth
2006 35.416.137.000
2007 41.588.173.000 14.84%
2008 52.084.803.000 20.15%
2009 23.949.009.000 -117.48%
2010 34.635.196.000 30.85%
2011 44.124.483.000 21.51%
2012 39.682.875.000 -11.19%
2013 35.119.213.000 -12.99%
2014 35.892.185.000 2.15%
2015 31.053.412.000 -15.58%
2016 25.209.558.000 -23.18%
2017 31.749.271.000 20.6%
2018 39.769.621.000 20.17%
2019 44.863.600.000 11.35%
2020 42.866.290.000 -4.66%
2021 58.795.089.000 27.09%
2022 59.972.121.000 1.96%
2023 61.514.920.000 2.51%
2023 60.961.908.000 -0.91%
2024 61.738.804.000 1.26%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Tung Ho Steel Enterprise Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Tung Ho Steel Enterprise Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 643.089.000
2007 742.049.000 13.34%
2008 927.810.000 20.02%
2009 719.416.000 -28.97%
2010 786.548.000 8.54%
2011 925.506.000 15.01%
2012 853.641.000 -8.42%
2013 884.742.000 3.52%
2014 860.610.000 -2.8%
2015 875.573.000 1.71%
2016 921.097.000 4.94%
2017 1.248.267.000 26.21%
2018 1.006.750.000 -23.99%
2019 1.067.327.000 5.68%
2020 1.284.486.000 16.91%
2021 1.454.012.000 11.66%
2022 1.414.641.000 -2.78%
2023 1.437.928.000 1.62%
2023 1.530.609.000 6.06%
2024 1.489.416.000 -2.77%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Tung Ho Steel Enterprise Corporation EBITDA
Year EBITDA Growth
2006 6.087.409.000
2007 6.857.550.000 11.23%
2008 4.123.244.000 -66.31%
2009 2.140.517.000 -92.63%
2010 2.750.675.000 22.18%
2011 4.674.785.000 41.16%
2012 4.116.327.000 -13.57%
2013 3.870.172.000 -6.36%
2014 2.630.584.000 -47.12%
2015 2.808.634.000 6.34%
2016 3.003.816.000 6.5%
2017 3.323.750.000 9.63%
2018 2.904.314.000 -14.44%
2019 4.114.420.000 29.41%
2020 6.388.622.000 35.6%
2021 9.137.333.000 30.08%
2022 7.198.360.000 -26.94%
2023 7.954.824.000 9.51%
2023 7.593.604.000 -4.76%
2024 7.741.292.000 1.91%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Tung Ho Steel Enterprise Corporation Gross Profit
Year Gross Profit Growth
2006 6.436.518.000
2007 7.770.798.000 17.17%
2008 5.393.127.000 -44.09%
2009 2.341.307.000 -130.35%
2010 2.983.358.000 21.52%
2011 4.711.220.000 36.68%
2012 3.950.122.000 -19.27%
2013 3.703.070.000 -6.67%
2014 2.887.797.000 -28.23%
2015 3.033.804.000 4.81%
2016 2.970.262.000 -2.14%
2017 3.801.861.000 21.87%
2018 3.324.682.000 -14.35%
2019 4.131.766.000 19.53%
2020 6.620.704.000 37.59%
2021 9.473.774.000 30.12%
2022 7.513.026.000 -26.1%
2023 8.485.480.000 11.46%
2023 8.530.158.000 0.52%
2024 8.717.100.000 2.14%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Tung Ho Steel Enterprise Corporation Net Profit
Year Net Profit Growth
2006 3.517.779.000
2007 4.386.270.000 19.8%
2008 1.726.464.000 -154.06%
2009 879.039.000 -96.4%
2010 1.260.170.000 30.24%
2011 2.679.164.000 52.96%
2012 1.747.893.000 -53.28%
2013 2.117.078.000 17.44%
2014 1.061.592.000 -99.42%
2015 1.269.089.000 16.35%
2016 1.484.673.000 14.52%
2017 1.714.931.000 13.43%
2018 887.932.000 -93.14%
2019 1.566.059.000 43.3%
2020 3.562.064.000 56.04%
2021 5.906.247.000 39.69%
2022 3.994.004.000 -47.88%
2023 4.652.792.000 14.16%
2023 4.729.346.000 1.62%
2024 4.630.076.000 -2.14%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Tung Ho Steel Enterprise Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 6
2007 7 0%
2008 3 -200%
2009 1 -100%
2010 2 0%
2011 4 75%
2012 3 -100%
2013 3 33.33%
2014 2 -200%
2015 2 0%
2016 2 50%
2017 3 0%
2018 1 -100%
2019 2 50%
2020 5 60%
2021 8 37.5%
2022 5 -60%
2023 6 16.67%
2023 6 0%
2024 6 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Tung Ho Steel Enterprise Corporation Free Cashflow
Year Free Cashflow Growth
2006 1.891.547.000
2007 1.029.708.000 -83.7%
2008 4.725.539.000 78.21%
2009 -4.691.115.000 200.73%
2010 -2.193.206.000 -113.89%
2011 -695.952.000 -215.14%
2012 2.121.053.000 132.81%
2013 3.679.338.000 42.35%
2014 3.056.035.000 -20.4%
2015 4.981.944.000 38.66%
2016 1.157.915.000 -330.25%
2017 -3.732.361.000 131.02%
2018 -7.207.867.000 48.22%
2019 3.121.700.000 330.9%
2020 8.999.218.000 65.31%
2021 -1.643.144.000 647.68%
2022 3.739.334.000 143.94%
2023 1.540.879.000 -142.68%
2023 3.797.770.000 59.43%
2024 1.739.376.000 -118.34%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Tung Ho Steel Enterprise Corporation Operating Cashflow
Year Operating Cashflow Growth
2006 2.831.460.000
2007 1.705.023.000 -66.07%
2008 5.948.125.000 71.34%
2009 448.580.000 -1225.99%
2010 2.540.063.000 82.34%
2011 880.288.000 -188.55%
2012 3.080.173.000 71.42%
2013 4.348.208.000 29.16%
2014 4.194.933.000 -3.65%
2015 5.680.459.000 26.15%
2016 3.179.718.000 -78.65%
2017 -128.536.000 2573.8%
2018 -5.439.003.000 97.64%
2019 3.832.991.000 241.9%
2020 9.330.257.000 58.92%
2021 -1.052.470.000 986.51%
2022 6.865.439.000 115.33%
2023 1.774.803.000 -286.83%
2023 4.480.875.000 60.39%
2024 1.986.463.000 -125.57%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Tung Ho Steel Enterprise Corporation Capital Expenditure
Year Capital Expenditure Growth
2006 939.913.000
2007 675.315.000 -39.18%
2008 1.222.586.000 44.76%
2009 5.139.695.000 76.21%
2010 4.733.269.000 -8.59%
2011 1.576.240.000 -200.29%
2012 959.120.000 -64.34%
2013 668.870.000 -43.39%
2014 1.138.898.000 41.27%
2015 698.515.000 -63.05%
2016 2.021.803.000 65.45%
2017 3.603.825.000 43.9%
2018 1.768.864.000 -103.74%
2019 711.291.000 -148.68%
2020 331.039.000 -114.87%
2021 590.674.000 43.96%
2022 3.126.105.000 81.11%
2023 233.924.000 -1236.38%
2023 683.105.000 65.76%
2024 247.087.000 -176.46%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Tung Ho Steel Enterprise Corporation Equity
Year Equity Growth
2006 17.055.747.000
2007 21.321.446.000 20.01%
2008 18.644.731.000 -14.36%
2009 19.856.558.000 6.1%
2010 20.601.264.000 3.61%
2011 22.172.281.000 7.09%
2012 22.710.825.000 2.37%
2013 23.254.346.000 2.34%
2014 23.119.996.000 -0.58%
2015 23.076.017.000 -0.19%
2016 23.552.854.000 2.02%
2017 24.033.031.000 2%
2018 24.010.764.000 -0.09%
2019 24.301.411.000 1.2%
2020 27.707.825.000 12.29%
2021 29.732.585.000 6.81%
2022 28.914.514.000 -2.83%
2023 31.161.178.000 7.21%
2023 29.895.562.000 -4.23%
2024 30.402.185.000 1.67%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Tung Ho Steel Enterprise Corporation Assets
Year Assets Growth
2006 28.603.706.000
2007 32.982.188.000 13.28%
2008 32.895.894.000 -0.26%
2009 39.012.051.000 15.68%
2010 41.321.552.000 5.59%
2011 42.548.585.000 2.88%
2012 40.853.761.000 -4.15%
2013 39.924.633.000 -2.33%
2014 38.349.071.000 -4.11%
2015 36.080.468.000 -6.29%
2016 36.601.314.000 1.42%
2017 41.297.392.000 11.37%
2018 48.558.493.000 14.95%
2019 47.691.503.000 -1.82%
2020 44.421.087.000 -7.36%
2021 55.402.752.000 19.82%
2022 54.766.547.000 -1.16%
2023 56.378.880.000 2.86%
2023 56.922.833.000 0.96%
2024 55.301.162.000 -2.93%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Tung Ho Steel Enterprise Corporation Liabilities
Year Liabilities Growth
2006 11.547.959.000
2007 11.660.742.000 0.97%
2008 14.251.163.000 18.18%
2009 19.155.493.000 25.6%
2010 20.720.288.000 7.55%
2011 20.376.304.000 -1.69%
2012 18.142.936.000 -12.31%
2013 16.670.287.000 -8.83%
2014 15.229.075.000 -9.46%
2015 13.004.451.000 -17.11%
2016 13.048.460.000 0.34%
2017 17.264.361.000 24.42%
2018 24.547.729.000 29.67%
2019 23.390.092.000 -4.95%
2020 16.713.262.000 -39.95%
2021 25.670.167.000 34.89%
2022 25.852.033.000 0.7%
2023 25.217.702.000 -2.52%
2023 27.027.271.000 6.7%
2024 24.898.977.000 -8.55%

Tung Ho Steel Enterprise Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
85.14
Net Income per Share
6.52
Price to Earning Ratio
11.96x
Price To Sales Ratio
0.92x
POCF Ratio
9.29
PFCF Ratio
11.18
Price to Book Ratio
1.88
EV to Sales
1.15
EV Over EBITDA
9.02
EV to Operating CashFlow
11.63
EV to FreeCashFlow
14
Earnings Yield
0.08
FreeCashFlow Yield
0.09
Market Cap
56,96 Bil.
Enterprise Value
71,31 Bil.
Graham Number
78.05
Graham NetNet
-9.63

Income Statement Metrics

Net Income per Share
6.52
Income Quality
1.13
ROE
0.16
Return On Assets
0.09
Return On Capital Employed
0.18
Net Income per EBT
0.79
EBT Per Ebit
0.96
Ebit per Revenue
0.1
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.14
Operating Profit Margin
0.1
Pretax Profit Margin
0.1
Net Profit Margin
0.08

Dividends

Dividend Yield
0.05
Dividend Yield %
5.38
Payout Ratio
0.64
Dividend Per Share
4.2

Operating Metrics

Operating Cashflow per Share
8.4
Free CashFlow per Share
6.98
Capex to Operating CashFlow
0.17
Capex to Revenue
0.02
Capex to Depreciation
0.65
Return on Invested Capital
0.11
Return on Tangible Assets
0.09
Days Sales Outstanding
48.88
Days Payables Outstanding
16.53
Days of Inventory on Hand
132.76
Receivables Turnover
7.47
Payables Turnover
22.08
Inventory Turnover
2.75
Capex per Share
1.42

Balance Sheet

Cash per Share
2,61
Book Value per Share
41,63
Tangible Book Value per Share
41.41
Shareholders Equity per Share
41.5
Interest Debt per Share
22.42
Debt to Equity
0.53
Debt to Assets
0.29
Net Debt to EBITDA
1.82
Current Ratio
1.48
Tangible Asset Value
30,24 Bil.
Net Current Asset Value
6,53 Bil.
Invested Capital
29615889000
Working Capital
10,21 Bil.
Intangibles to Total Assets
0
Average Receivables
8,77 Bil.
Average Payables
2,48 Bil.
Average Inventory
19599368000
Debt to Market Cap
0.28

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Tung Ho Steel Enterprise Corporation Dividends
Year Dividends Growth
2001 0
2004 1 0%
2005 1 100%
2006 2 50%
2007 3 0%
2008 3 33.33%
2009 2 -200%
2010 1 0%
2011 1 0%
2012 2 0%
2013 1 0%
2014 2 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 2 0%
2022 6 83.33%
2023 4 -100%
2024 4 25%

Tung Ho Steel Enterprise Corporation Profile

About Tung Ho Steel Enterprise Corporation

Tung Ho Steel Enterprise Corporation, together with its subsidiaries, produces and sells steel products in Taiwan, China, Vietnam, and internationally. The company operates through six segments: Kaohsiung, Taoyuan, Miaoli, Vietnam, Vietnam, and Steel Structure. It offers rebar, such as screw rebar, deformed steel rebar, compact rebar in coil, tensile rebar, and round bar products for building projects; hot rolled and checkered H-beams, I-beams, channel beams, and U-type sheet piles for steel structures and other construction projects; plate-type steel products for use in factories, logistics warehouses, office and residential buildings, bridges, and other buildings; and cut to length and bending products, friction welding couplers, re-bar wire mesh products, and built-up H-beams. The company was founded in 1946 and is headquartered in Taipei, Taiwan.

CEO
Mr. Bing-Hua Huang
Employee
1.933
Address
No. 9 Chang'an East Road
Taipei, 10441

Tung Ho Steel Enterprise Corporation Executives & BODs

Tung Ho Steel Enterprise Corporation Executives & BODs
# Name Age
1 Bruce Guu
Senior Vice President
70
2 Mr. Bing-Hua Huang
President
70
3 Ms. Ru-Yu He
Head of Corporate Governance & Assistant Manager of Administration Department
70
4 Mr. Zhao Liu
Senior Manager of Investment Division
70
5 Mr. Zhe-Chong Lin
Assistant Manager of the Systems Engineering Department
70
6 Mr. Jun-Xian Chao
Manager of Legal Affairs Office
70
7 Ms. Ju-Yu Ho
Head of Corporate Governance & Vice President of Administration Division
70
8 Arthur C. Lin
Senior Vice President
70
9 Mr. Kuanren Gu
Vice President of Sales & Marketing Division
70

Tung Ho Steel Enterprise Corporation Competitors