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Taiwanese electric-arc-furnace steelmaker producing rebar and steel bars for construction.
Taiwanese electric-arc-furnace steelmaker producing rebar and steel bars for construction.
Melts scrap steel in electric arc furnaces and sells rebar at market prices, so earnings depend on the spread between rebar prices and the cost of scrap and electricity. Sales are mainly within Taiwan, tied to building and public works.
Moat: narrow (scale). Established EAF mini-mill scale within Taiwan's domestic rebar market.
Headquarters: Taichung, Taiwan · Employees: 993
Size Feng Hsin Steel (2015.TW) is a Taiwan Materials company (Steel) with a market value of $1.11B, the 250th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$62.90 on 6 Nov 2026.
Performance Over six months the shares gained 3.6%, against -22.8% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 2nd highest of 20 in its peer set.
Growth Revenue fell 11.8% over the last twelve months (peer median -1.0%); the operating margin is -0.4% (peer median 1.4%).
Valuation It trades at 1.62× book value against a peer median of 1.68× (11th cheapest of 21).
Price implies The share price implies a return on equity of about 6.9%; Feng Hsin Steel delivers 11.0%, so the price asks less than the business earns today.
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$27.5B | NT$29.0B | NT$34.4B | NT$34.9B | NT$38.6B |
| Revenue growth | — | -16% | -1% | -10% | — |
| Gross profit | NT$4.12B | NT$3.24B | NT$3.55B | NT$3.47B | NT$4.10B |
| EBITDA | n/a | NT$3.68B | NT$3.96B | NT$3.86B | NT$4.57B |
| Net income | NT$2.45B | NT$2.25B | NT$2.48B | NT$2.38B | NT$3.07B |
| Free cash flow | n/a | NT$4.28B | NT$2.60B | NT$603M | NT$2.93B |
| Capital expenditure | n/a | NT$1.16B | NT$1.22B | NT$1.56B | NT$1.41B |
| Total debt | n/a | NT$1.00B | NT$1.75B | NT$2.37B | NT$1.21B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Feng Hsin Steel 2015.TW | $1.11B | +4% | -12% | 11% | 1.62× | 6.9% |
| Tung Ho Steel Enterprise 2006.TW | $1.86B | +26% | -4% | 14% | 1.71× | 5.2% |
| China Steel 2002.TW | $8.65B | 0% | -7% | -1% | 0.95× | 3.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 2015.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.4% | -5.7% | 4th highest of 21 |
| 6-month return | +3.6% | -22.8% | 2nd highest of 20 |
| Return on equity | 11.0% | 2.4% | 3rd highest of 20 |
| Price / book | 1.62× | 1.68× | 11th cheapest of 21 |
| ROE the price implies | 6.9% | 13.1% | 5th least demanding of 21 |
| ROE delivered | 11.0% | 3.1% | 3rd highest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Feng Hsin Steel 2015.TW | Taiwan | $1.11B | +4% | -12% | 11% | 1.62× | 6.9% | 11.0% |
| TSP Wind Power 300129.SZ | China | $1.10B | -42% | -26% | 0% | 1.29× | 11.8% | 0.2% |
| Vedanta Iron And Steel VISL.NS | India | $1.11B | n/a | n/a | n/a | 1.79× | 14.4% | n/a |
| Jiangsu Shagang 002075.SZ | China | $1.09B | -25% | -4% | 4% | 1.10× | 8.5% | 3.8% |
| BCI Minerals BCI.AX | Australia | $1.09B | +45% | n/a | 2% | 1.88× | 16.3% | 2.4% |
| ZhongHe Shangda Aeronautic Materials 301522.SZ | China | $1.09B | -39% | +5% | 4% | 3.74× | 43.3% | 4.1% |
| Tokyo Steel Manufacturing 5423.T | Japan | $1.17B | -1% | -1% | 4% | 0.78× | 4.5% | 4.4% |
| Zhongnanhong Culture 002445.SZ | China | $1.17B | -7% | -1% | 1% | 3.37× | 19.1% | 1.2% |
| Hengong Precision Equipment 301261.SZ | China | $1.04B | -9% | +34% | 9% | 4.11× | 27.6% | 8.9% |
| Guizhou Aviation Technical Development 688239.SS | China | $1.19B | -39% | +23% | 11% | 3.54× | 30.1% | 10.7% |
| Tianjin You Fa Steel Pipe Group Stock 601686.SS | China | $1.03B | -15% | -2% | 5% | 1.00× | 6.6% | 5.5% |
| Xinyu Iron & Steel 600782.SS | China | $1.20B | -17% | -13% | -4% | 0.32× | 2.3% | -4.4% |
| Beijing Lier High-Temperature Materials 002392.SZ | China | $1.20B | -29% | +16% | 9% | 1.25× | 11.7% | 8.8% |
| Fushun Special Steel 600399.SS | China | $1.22B | -25% | +6% | -11% | 1.56× | 13.3% | -11.2% |
| NMDC Steel NSLNISP.NS | India | $1.23B | -10% | +42% | 0% | 0.88× | 15.6% | n/a |
| Sansteel MinGuang Co., Ltd., Fujian 002110.SZ | China | $993M | -20% | -7% | -4% | 0.36× | 3.4% | -4.1% |
| Companhia Siderurgica Nacional Sponsored ADR SID | United States | $984M | -38% | +9% | -20% | 0.48× | 8.0% | -20.4% |
| Bengang Steel Plates 000761.SZ | China | $1.25B | -26% | -2% | -76% | 2.44× | 19.7% | -76.3% |
| Labrador Iron Ore Royalty LIF.TO | Canada | $981M | -23% | -15% | 12% | 2.18× | 12.9% | 12.1% |
| Gansu Jiu Steel Group Hongxing Iron & Steel 600307.SS | China | $1.25B | -25% | -6% | -41% | 1.82× | 10.9% | -40.9% |
| Hanza HANZA.ST | Sweden | $978M | -11% | +72% | 12% | 2.21× | 23.1% | 12.5% |