Hsin Kuang Steel Co (TPE:2031) EBIT: NT$1,742 Mil (TTM As of Dec. 2025)


TPE:2031 Hsin Kuang Steel Co Ltd TPE:2031
80 GF Score
Price NT$38.55
GF Value NT$53.64
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Hsin Kuang Steel Co EBIT?

Hsin Kuang Steel Co TPE:2031 -1.03% 80 EBIT is NT$1,742 Mil as of Dec. 2025. GuruFocus rates TPE:2031 with a GF Score™ of 80/100 and a GF Value™ of NT$53.64 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Hsin Kuang Steel Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$347 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,742 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hsin Kuang Steel Co's annualized ROC % for the quarter that ended in Dec. 2025 was 3.63%. Hsin Kuang Steel Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 11.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hsin Kuang Steel Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 7.80%.


Hsin Kuang Steel Co  (TPE:2031) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Hsin Kuang Steel Co's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=983.396 * ( 1 - 16.83% )/( (22796.555 + 22318.468)/ 2 )
=817.8904532/22557.5115
=3.63 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=29184.599 - 834.994 - ( 5553.05 - max(0, 9767.667 - 15894.775+5553.05))
=22796.555

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=28718.181 - 854.88 - ( 5544.833 - max(0, 8917.653 - 15194.77+5544.833))
=22318.468

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Hsin Kuang Steel Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1387.36/( ( (5403.142 + max(6957.451, 0)) + (5913.9 + max(6726.206, 0)) )/ 2 )
=1387.36/( ( 12360.593 + 12640.106 )/ 2 )
=1387.36/12500.3495
=11.10 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2736.513 + 5401.379 + 223.507) - (834.994 + 0 + 568.954)
=6957.451

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2174.273 + 5593.133 + 204.682) - (854.88 + 0 + 391.002)
=6726.206

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Hsin Kuang Steel Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=1742.331/22336.482
=7.80 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hsin Kuang Steel Co EBIT Related Terms


Hsin Kuang Steel Co EBIT Historical Data

* Premium members only.

The historical data trend for Hsin Kuang Steel Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hsin Kuang Steel Co EBIT Chart

Hsin Kuang Steel Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,420.55 879.89 2,240.82 1,993.28 1,742.33

Hsin Kuang Steel Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.44 -175.08 1,222.43 348.14 346.84

TPE:2031 vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Hsin Kuang Steel Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hsin Kuang Steel Co EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Hsin Kuang Steel Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hsin Kuang Steel Co's EV-to-EBIT falls into.


TPE:2031
80GF Score
Hsin Kuang Steel Co Ltd TPE:2031
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Hsin Kuang Steel Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,742 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of NT$1,742 Mil mean?
Hsin Kuang Steel Co (TPE:2031) has a EBIT of NT$1,742 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hsin Kuang Steel Co.
Is Hsin Kuang Steel Co's EBIT too high?
Hsin Kuang Steel Co's current EBIT is NT$1,742 Mil. Overall, Hsin Kuang Steel Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hsin Kuang Steel Co's EBIT compare to NUE and STLD?
Hsin Kuang Steel Co's EBIT of NT$1,742 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Steel company?
A good EBIT depends on the Steel industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hsin Kuang Steel Co. Hsin Kuang Steel Co's current EBIT is NT$1,742 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin Kuang Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Hsin Kuang Steel Co (TPE:2031) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$53.64, compared to a current price of NT$38.55 — trading 28.1% below its estimated fair value. The current EBIT is NT$1,742 Mil. Hsin Kuang Steel Co's overall GF Score™ is 80/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Hsin Kuang Steel Co (TPE:2031), the current EBIT is NT$1,742 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hsin Kuang Steel Co (TPE:2031) Overvalued in 2026?

Based on GuruFocus' analysis, Hsin Kuang Steel Co stock appears to be undervalued. The current stock price of NT$38.55 is trading 28.1% below its estimated GF Value™ of NT$53.64. GuruFocus considers Hsin Kuang Steel Co to be Modestly Undervalued.

Key valuation signals for TPE:2031:

  • EBIT: NT$1,742 Mil
  • GF Value™: NT$53.64 vs. price of NT$38.55 (28.1% below fair value)
  • GF Score™: 80/100 with 8 warning signs

No single metric tells the full story. See the TPE:2031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsin Kuang Steel Co Business Description

Address 97 Chongxin Road, Section 4, 25th Floor, Sanchong District, New Taipei, TWN
Hsin Kuang Steel Co Ltd manufactures and sells steel products. The business activities of the group include cutting, stamping, and the sale of steel products, including steel coils, steel plates, stainless steel, alloy steel, special steel, and SuperDyma. Geographically, its business activities are carried out across Taiwan. The company operates in four segments, which include Steel - Direct Sales, Steel - Manufacturing Sales, Construction Projects, and Leases. The majority of its revenue is generated from the Steel-Direct Sales Segment. Geographically, operates in Taiwan.
80GF Score

Get the complete analysis for TPE:2031

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$38.55
Price
NT$53.64
GF Value