Ratings China Steel Corporation Taiwan S.E.

Equities

2002A

TW0002002A04

End-of-day quote Taiwan S.E. Other stock markets 03:30:00 14/06/2024 am IST			5-day change	1st Jan Change
43.65 ^TWD	0.00%		0.00%	-0.11%

18/05	China Steel Corporation Announces Appointment of Shyi-Chin Wang to Serve as Acting Chairman	CI
17/05	China Steel Corporation Announces Resignation of Shyi-Chin Wang as Juristic-Person Representative Director, Effective on May 18, 2024	CI

Summary

Overall, the company has poor fundamentals for a medium to long-term investment strategy.
From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths

The company's profit outlook over the next few years is a strong asset.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.

Weaknesses

With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
The group shows a rather high level of debt in proportion to its EBITDA.
With an expected P/E ratio at 53.91 and 27.45 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
For the last few months, analysts have been revising downwards their earnings forecast.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

Ratings chart - Surperformance

Sector: Iron & Steel

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
CHINA STEEL CORPORATION	-0.11%	1.09TCr		-
JSW STEEL LIMITED	+4.46%	2.68TCr		B
BAOSHAN IRON & STEEL CO., LTD.	+14.67%	2.03TCr		A
JINDAL STEEL & POWER LIMITED	+40.68%	1.29TCr		B+
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	+2.07%	996.81Cr		C+
BHARAT FORGE LIMITED	+38.61%	956.99Cr		B+
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	-2.05%	894.87Cr	-	C
JINDAL STAINLESS LIMITED	+42.00%	800.77Cr		B-
TERNIUM S.A.	-10.81%	743.61Cr		B
BLUESCOPE STEEL LIMITED	-12.22%	596.65Cr		B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes