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Year on year Tung Ho Steel Enterprise Corp had relatively flat revenues (59.22bn to 60.96bn), though the company grew net income 18.41% from 3.99bn to 4.73bn. A reduction in the cost of goods sold as a percentage of sales from 87.42% to 85.82% was a component in the net income growth despite flat revenues.
Gross margin | 14.16% |
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Net profit margin | 7.68% |
Operating margin | 9.62% |
Return on assets | 8.44% |
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Return on equity | 15.30% |
Return on investment | 14.21% |
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Cash flow in TWDView more
In 2023, cash reserves at Tung Ho Steel Enterprise Corp fell by 393.85m. However, the company earned 4.62bn from its operations for a Cash Flow Margin of 7.58%. In addition the company used 658.86m on investing activities and also paid 4.42bn in financing cash flows.
Cash flow per share | 8.68 |
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Price/Cash flow per share | 8.45 |
Book value per share | 43.11 |
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Tangible book value per share | 42.88 |
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Balance sheet in TWDView more
Current ratio | 1.53 |
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Quick ratio | 0.5922 |
Total debt/total equity | 0.457 |
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Total debt/total capital | 0.3129 |
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Growth rates in TWD
Year on year, both dividends per share and earnings per share excluding extraordinary items growth increased 20.00% and 19.24%, respectively. Additionally when measured on a five year annualized basis, both dividend per share and earnings per share growth ranked above the industry average relative to its peers.
Div yield(5 year avg) | 6.73% |
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Div growth rate (5 year) | 18.58% |
Payout ratio (TTM) | 65.44% |
EPS growth(5 years) | 37.64 |
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EPS (TTM) vs TTM 1 year ago | -19.82 |
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