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Tung Ho Steel Enterprise Corp. (Taiwan, China)

Main Activities: Primary Metal Manufacturing
Full name: Tung Ho Steel Enterprise Corp. Profile Updated: September 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Tung Ho Steel Enterprise Corporation, formally established in 1962, was first founded in 1946 as the name of a small hardware store set up by C.T. Ho in Chiayi Taiwan . In the early days of the establishment, the company began by producing re-bars from dismantled ship plates.In the 1970s and early 1980s; Tung Ho was led by T.T. Hou and Jen-Shyong Ho. During this period of time, Tung Ho Steel became the leading private steel maker and the predominant supplier for structural steel in Taiwan. From the late 1980s, Jen-Shyong Ho led another wave of major transition of Tung Ho Steel and built an operation concept based on the basic belief for self-discipline, passion for knowledge, and optimism. From every decision in the office to every activity in the factory, we carry out our fundamental operation concepts. This is how Tung Ho Steel has grown and developed over the decades.In July, 1988 Tung Ho Steel stock went listed on Taiwan Stock Exchange.Today, Tung Ho steel with head office located in Taipei has three main operations in Miaoli, Taoyuan and Kaohsiung. The main finished products include H-beams, Channels, I-beams, Universal Mill Plates and Deformed Bars. Tung Ho Steel is exploring overseas market, firstly, through her subsidiary's H-beam trading and fabrication, secondly, through her tin plate joint venture with JFE in China, and thirdly, through her environment protection joint venture with KTEC of Japan. We look forward to greater geographic diversification through exports and overseas operations, various product diversifications within the steel industry and more new business opportunities even outside of the steel industry.Tung Ho Steel, for many years, has been devoted to manufacturing construction steel products that meet the highest quality and safety standards.In the 1970' s, Tung Ho Steel was the first to established an integrated manufacturing facility from electric arc furnace (EAF) to continuous casting to bar rolling mill in Taiwan. The integrated line in Kaohsiung provided efficient and timely production of re-enforcing steel bars. In 1980' s, Tung Ho expanded a second factory in Taoyuan, allowing Tung Ho to provide re-bars to both the Northern and Southern Taiwan customers. Tung Ho Steel became the leading supplier that specialized in construction steel materials. At the end of the 1950s, birth of a new rolling mill technology sparked the shift from the traditional caliber rolling production to the new and innovative technique of universal rolling production. With this shift, H-beam products were able to achieve better sectional property and production efficiency. Driven by the need for a specialized manufacturer for H-beam section products in the Taiwan market, Tung Ho introduced the first H-beam universal rolling mill in Miaoli , Taiwan . In the early 1990’s, Miaoli Works began production of medium and large size H-Beams. In the late 1990’s, Tung Ho's established the second H-Beams rolling facility at Kaohsiung Works, specialized in medium and small size H-Beams. The universal rolling mills in Miaoli and Kaohsiung can also produce various other kinds of products including universal mill plates, parallel/ tapered flange channels, sheet piles, I-beams, T-bars, large round bars and many other heavy sections.

Headquarters
6F, 9 Chang An E.Rd., Sec.1
Taipei City; Taipei City;

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Website: http://www.tunghosteel.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
May 30, 1962
Key Executives
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Chairman
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General Manager
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Manager
Ownership Details
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2.22%
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1.82%
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1.62%
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1.15%
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0.01%
Subsidiaries
Goldham Development Ltd.
100%
Tung Ho Steel Vietnam Corp.Ltd. (Vietnam)
100%
Tung Yuan International Corp. (United Kingdom)
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TWD. Absolute financial data is included in the purchased report.
Net sales revenue
2.87%
Total operating revenue
3.09%
Operating profit (EBIT)
12.21%
EBITDA
-2.55%
Net Profit (Loss) for the Period
2.07%
Total assets
-0.69%
Total equity
5.69%
Operating Profit Margin (ROS)
0.88%
Net Profit Margin
-0.05%
Return on Equity (ROE)
-0.26%
Debt to Equity Ratio
-9.58%
Quick Ratio
0.05%
Cash Ratio
0.01%

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