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    2002   TW0002002003

CHINA STEEL CORPORATION

(2002)
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China Steel : Preliminary Result August 2021

09/22/2021 | 03:22am EDT
August 2021
UnitNTD Thousands
Item
This Month
Last Month
Accumulated, as of August 2021
Accumulated, the same period of previous year
Consolidated Operating Revenues
41,713,466
41,883,163
296,866,253
201,049,509
Consolidated Operating Income
8,495,429
8,159,802
49,902,384
(3,938,097)
Consolidated Income Before Income Tax
8,710,834
9,084,948
52,997,153
(3,935,489)
Notes:
1.The preliminary consolidated operating revenues in August 2021 totaled NT$ 41,713,466 thousand. Thepreliminary consolidated operating income totaled NT$ 8,495,429 thousand. The preliminary consolidatedincome before income tax totaled NT$ 8,710,834 thousand.
2.Information for the Company's carbon steel sales volume (non-consolidated basis) is as follows:
The sales volume of carbon steel in August 2021 totaled 780,776 tons. Accumulated sales volume of carbonsteel as of August 2021 totaled 6,502,888 tons.
3. Monthly performance summary:
The slight decrease of consolidated operating revenues in this month is mainly from the decrease in salesvolume of steel department. However, the increase in ASP surpassed that of ASC contributed to the higherconsolidated operating income. In addition, the non-operating income of last month included dividendsincome from the iron ore investment. As a result, the preliminary consolidated income before income taxthis month decreased by NT$ 374 million in total.
Comparison between the number for this month and last month
Item
This Month
Last Month
Difference
Difference in percentage
Consolidated Operating Revenues
41,713,466
41,883,1639
(169,697)
0
Consolidated Operating Income
8,495,429
8,159,802
335,627
4
Consolidated Income Before Income Tax
8,710,834
9,084,948
(374,114)
(4)
Comparison between the accumulated number as of this month and the same period of previous year
Item
Accumulated, as of August 2021
Accumulated, the same period of previous year
Difference
Difference in percentage
Consolidated Operating Revenues
296,866,253
201,049,509
95,816,744
48
Consolidated Operating Income
49,902,384
(3,938,097)
53,840,481
1,367
Consolidated Income Before Income Tax
52,997,153
(3,935,489)
56,932,642
1,447


Disclaimer

CSC - China Steel Corporation published this content on 22 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2021 07:21:05 UTC.


© Publicnow 2021
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Sales 2021 461 B 16 559 M 16 559 M
Net income 2021 60 070 M 2 157 M 2 157 M
Net Debt 2021 134 B 4 806 M 4 806 M
P/E ratio 2021 8,62x
Yield 2021 7,06%
Capitalization 513 B 18 392 M 18 436 M
EV / Sales 2021 1,40x
EV / Sales 2022 1,38x
Nbr of Employees 28 490
Free-Float 70,9%
Chart CHINA STEEL CORPORATION
Duration : Period :
China Steel Corporation Technical Analysis Chart | 2002 | TW0002002003 | MarketScreener
Technical analysis trends CHINA STEEL CORPORATION
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Last Close Price 33,30 TWD
Average target price 41,74 TWD
Spread / Average Target 25,4%
EPS Revisions
Managers and Directors
Hsi Chin Wang General Manager & Director
Shih Hsin Chen Head-Finance & General Manager-Finance
Chao Tung Weng Chairman
Yi Xing Huang Vice President-Technology
Chiu Po Chang Vice President-Administration
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