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China SteelTPE:2002 75 Equity-to-Asset is 0.43 as of Mar. 2026, which is 4% below its 10-year median of 0.45. GuruFocus rates TPE:2002 with a GF Score™ of 75/100 and a GF Value™ of NT$20.14 (Fairly Valued). The stock has 9 warning signs investors should review. Among 636 Steel companies, China Steel ranks worse than 68.24% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Steel's Total Stockholders Equity for the quarter that ended in Mar. 2026 was NT$293,381 Mil. China Steel's Total Assets for the quarter that ended in Mar. 2026 was NT$675,793 Mil.
Therefore, China Steel's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.43.
The historical rank and industry rank for China Steel's Equity-to-Asset or its related term are showing as below:
TPE:2002'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42 Med: 0.45 Max: 0.52
Current: 0.43
During the past 13 years, the highest Equity to Asset Ratio of China Steel was 0.52. The lowest was 0.42. And the median was 0.45.
TPE:2002's Equity-to-Asset is ranked worse than 68.24% of 636
companies
in the Steel industry
Industry Median: 0.54
vs TPE:2002: 0.43
China Steel (TPE:2002) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
China Steel Equity-to-Asset Related Terms
China Steel Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for China Steel's Equity-to-Asset 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.
TPE:2002 vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, China Steel's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
China Steel Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, China Steel's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where China Steel's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
China Steel's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
China Steel (TPE:2002) has a Equity-to-Asset of 0.43 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on China Steel and its competitors. This is near median its historical median of 0.45. Over the past decade, China Steel's Equity-to-Asset has ranged from 0.42 to 0.52. According to the industry distribution chart, China Steel ranks #434 out of 636 companies in the Steel industry, placing it in the top 68.2%.
Is China Steel's Equity-to-Asset too high?
China Steel's current Equity-to-Asset of 0.43 is near median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.52. The Steel industry median Equity-to-Asset is 0.54. China Steel's value of 0.43 is 20.4% below this industry median. Based on the distribution chart, China Steel ranks #434 out of 636 companies in the Steel industry, which is below the industry midpoint. Overall, China Steel has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Steel's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, China Steel ranks #434 out of 636 companies for Equity-to-Asset. This places China Steel in the lower half of its industry. The industry median Equity-to-Asset is 0.54. China Steel's value of 0.43 is 20.4% below this benchmark. Historically, China Steel's own Equity-to-Asset has ranged from 0.42 to 0.52 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.54, China Steel has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 636 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Steel's current Equity-to-Asset of 0.43 is 20.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on China Steel and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Steel's current Equity-to-Asset is 0.43, which is near median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel stock overvalued right now?
Based on GuruFocus' analysis, China Steel (TPE:2002) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.14, compared to a current price of NT$18.85 — trading 6.4% below its estimated fair value. The current Equity-to-Asset is 0.43, which is near median its 10-year median of 0.45 and 20.4% below the Steel industry median of 0.54. China Steel's overall GF Score™ is 75/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For China Steel (TPE:2002), the current Equity-to-Asset is 0.43 as of Mar. 2026. 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 China Steel (TPE:2002) Overvalued in 2026?
Based on GuruFocus' analysis, China Steel stock appears to be undervalued.
The current stock price of NT$18.85 is trading 6.4% below its estimated GF Value™ of NT$20.14.
GuruFocus considers China Steel to be Fairly Valued.
Key valuation signals for TPE:2002:
Equity-to-Asset: 0.43 (near median its 10-year median of 0.45)
GF Value™: NT$20.14 vs. price of NT$18.85 (6.4% below fair value)
Industry Position: 20.4% below the Steel median (#434 of 636)
No single metric tells the full story. See the TPE:2002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Steel Corp is a steelmaker in Taiwan. It manufactures and sells steel products and engages in mechanical, communications, and electrical engineering. The company's product portfolio includes plates, bars, wire rods, hot and cold rolled coils, electro-galvanized coils, electrical steel coils, and hot-dip galvanized coils. Along with its subsidiaries, the company operates in the following reportable segments: Steel Department and Non-Steel Department. A majority of its revenue is generated from the Steel department segment, which manufactures and sells steel products. Geographically, the company derives maximum revenue from Taiwan, followed by Vietnam, Malaysia, India, China, and other regions.
75GF Score
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