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1723.TW$83.90+1.94%
Fair $83.90+0.0%

1723.TW

China Steel Chemical Corporation

Basic Materials / ChemicalsTaiwan

$83.90

+1.60 (+1.94%)

Fairly Valued+0.0%Fair Value $83.90Fund rank 30/100 · Data gapFallback financials|
SA 42/C
F-Score: 3/9
Declining Revenue

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 32% · confianza 25%

FCF escenarios

weak_data · normalized FCF $558.8M · quality 60.0/100

Data gap 30/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 44/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

42/100

C

Piotroski

3/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists. Revenue has declined for 3 consecutive years
Thesis & Journal · 1723.TWLocal privado en este navegador · China Steel Chemical Corporation
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$19.5B

P/E

31.7x

↑

EV/EBITDA

18.2x

↑

ROE

7.9%

↑

Gross Margin

18.9%

↓

Debt/Equity

0.37

↑
52-Week Range$84
$66$97

TradingView lightweight chart

1723.TW price, volumen y niveles de valoración

Último $83.90Periodo +681.4%
Fair value: $83.90

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-17.6%

FCF CAGR

-47.2%

FCF margin

6.0%

FCF / Net income

0.57x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $5.86B · net income $615.8M · FCF $350.6M

2022-FY → 2025-FY

Gross margin

18.9%-3.7% pts

Operating margin

9.1%-7.9% pts

Net margin

10.5%-5.8% pts

FCF margin

6.0%-16.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$5.86B$5.86B$7.65B$8.32B$10.46B
Net Income$615.8M$615.8M$1.21B$1.44B$1.70B
EBITDA$1.17B$1.17B$1.91B$2.22B$2.56B
EPS2.652.655.186.177.31
Gross Margin18.9%18.9%23.8%25.2%22.6%
Operating Margin9.1%9.1%16.2%18.3%17.1%
Net Margin10.5%10.5%15.8%17.3%16.3%
Balance Sheet
Debt/Equity0.370.370.280.250.23
Current Ratio2.012.01———
Cash Flow
Free Cash Flow$350.6M$350.6M$604.0M$558.8M$2.38B
Returns
ROE7.9%7.9%14.7%17.5%21.3%
Valuation
P/E31.6631.6617.7619.1214.36
EV/EBITDA18.2018.2011.8412.779.65
P/B2.502.502.613.343.06
Growth & Yield
Revenue Growth-23.4%-23.4%-8.1%-20.5%—
EPS Growth-48.8%-48.8%-16.0%-15.6%—
Dividend Yield2.2%2.2%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

41.1%

muy exigente

EPS terminal req.

$7.44

Spread vs growth

-89.9%

5Y implied EPS CAGR

27.7%

muy exigente

EPS terminal req.

$9.01

Spread vs growth

-76.6%

10Y implied EPS CAGR

18.5%

exigente

EPS terminal req.

$14.51

Spread vs growth

-67.4%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -8.8%

Total return

-8.8%

Start / end P/E

18.2x → 31.7x

EPS bridge

5.18 → 2.65

Residual

-36.1%

EPS growth-48.8%
Multiple rerating+73.9%
Dividend+2.2%
Residual / FX / buybacks / cross-term-36.1%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.