China Steel Corporation Sponsored GDR (CISXF)

Profile

https://www.csc.com.tw

China Steel Corporation Sponsored GDR represents a global depositary receipt for shares of China Steel Corporation, a leading Taiwanese steel manufacturer. Founded in 1971 and headquartered in Kaohsiung City, Taiwan, the company specializes in the production and marketing of a diverse range of steel products, including slabs, plates, bars, rods, and coils. It operates primarily through its Steel Department segment, serving domestic and international markets such as Vietnam, Malaysia, China, and India. Under the leadership of CEO Shou-Tao Chen, China Steel Corporation also engages in mechanical, communications, and electrical engineering activities. The firm plays a pivotal role in the non-energy minerals sector, particularly the steel industry, supporting infrastructure, construction, automotive, and manufacturing sectors globally. Financial highlights include substantial revenue streams, with recent figures showing total reported revenue of 11.5 billion TWD and net income of 123.5 million TWD, alongside an EBITDA of 1.3 billion TWD. This GDR enables international investors to access the company's performance, reflecting its market capitalization of approximately 9.43 billion USD and a dividend yield of 1.25%.