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Tung Ho Steel Enterprise Corp
TWSE:2006

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Tung Ho Steel Enterprise Corp
TWSE:2006
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Price: 77 TWD 0.52% Market Closed
Market Cap: NT$56.2B

Gross Margin

14.8%
Current
Improving
by 0.8%
vs 3-y average of 14%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
14.8%
=
Gross Profit
NT$8.6B
/
Revenue
NT$57.9B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
14.8%
=
Gross Profit
NT$8.6B
/
Revenue
NT$57.9B

Peer Comparison

Country Company Market Cap Gross
Margin
TW
Tung Ho Steel Enterprise Corp
TWSE:2006
56.2B TWD
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ZA
Kumba Iron Ore Ltd
JSE:KIO
104.5B ZAR
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BR
Vale SA
BOVESPA:VALE3
329.3B BRL
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AU
Fortescue Ltd
XMUN:FVJ
37.6B EUR
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AU
Fortescue Metals Group Ltd
ASX:FMG
58.8B AUD
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LU
ArcelorMittal SA
AEX:MT
34.7B EUR
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US
Nucor Corp
NYSE:NUE
36.9B USD
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IN
JSW Steel Ltd
NSE:JSWSTEEL
2.8T INR
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IN
Tata Steel Ltd
NSE:TATASTEEL
2.4T INR
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US
Steel Dynamics Inc
NASDAQ:STLD
24.6B USD
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CN
Baoshan Iron & Steel Co Ltd
SSE:600019
150.7B CNY
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Market Distribution

In line with most companies in Taiwan
Percentile
33rd
Based on 1 022 companies
33rd percentile
14.8%
Low
-197.7% — 13.7%
Typical Range
13.7% — 31.4%
High
31.4% — 400.8%
Distribution Statistics
Taiwan
Min -197.7%
30th Percentile 13.7%
Median 22.1%
70th Percentile 31.4%
Max 400.8%

Tung Ho Steel Enterprise Corp
Glance View

Market Cap
56.2B TWD
Industry
Metals & Mining

Tung Ho Steel Enterprise Corp., founded in 1962, has carved its niche in the steel industry with a keen focus on diversification and technological advancement. Initially established as a modest reinforcing steel plant, the company gradually expanded its product portfolio, delving into various steel solutions. Tung Ho's business model revolves around the efficient production and distribution of steel products, including H-beams, I-beams, and other structural components essential for construction and infrastructure. Their operations are vertically integrated, allowing the company to control everything from raw material procurement to product distribution. This approach not only ensures quality and efficiency but also provides a strategic buffer against market fluctuations in raw material costs. In further solidifying its market position, Tung Ho Steel continuously invests in modernizing its facilities, thereby enhancing productivity and reducing operational costs. This modernization aligns with their sustainable development goals, as the company has been proactive in adopting eco-friendly practices, such as recycling scrap steel. Tung Ho capitalizes on the growing demand for infrastructure development in its key regional markets, leveraging its robust supply chain framework to ensure timely delivery. Through a combination of strategic expansion into neighboring markets, cutting-edge technology adoption, and a strong commitment to sustainability, Tung Ho Steel Enterprise Corp. stands resilient and profitable, securing a pivotal role in shaping the regions' urban landscapes.

Intrinsic Value
91.66 TWD
Undervaluation 16%
Intrinsic Value
Price
T
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
14.8%
=
Gross Profit
NT$8.6B
/
Revenue
NT$57.9B
What is Tung Ho Steel Enterprise Corp's current Gross Margin?

The current Gross Margin for Tung Ho Steel Enterprise Corp is 14.8%, which is above its 3-year median of 14%.

How has Gross Margin changed over time?

Over the last 3 years, Tung Ho Steel Enterprise Corp’s Gross Margin has increased from 12.6% to 14.8%. During this period, it reached a low of 12.6% on Dec 31, 2022 and a high of 14.8% on Jan 1, 2026.

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