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Chien Shing Stainless Steel Co., Ltd. (Taiwan, China)

Main Activities: Primary Metal Manufacturing
Full name: Chien Shing Stainless Steel Co., Ltd. Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Founded in 1978, Chien Shing Stainless Steel Co., Ltd. (abbr. CSSSC) has been engaging in the stainless steel business more than 3 decades. In the beginning, CSSSC started with the cutting & sliding of large stainless steel coils, trading of various stainless steel materials, and manufacturing of customized stainless steel applications. With the booming economic growth in Taiwan in 1970s, the demand of stainless steel sharply increased and the supply was not enough to meet the domestic demand. Under such circumstances, CSSSC decided to extend the upstream business. There-fore, a cold rolling stainless steel plant was established. CSSSC became one of the very few stainless steel coil suppliers in Taiwan. Situated at the convenient freeway exit, Matou Town, Tainan County, Taiwan, CSSSC has built its plant and headquarter office with 33,680 m2 areas. When the commissioning of the plant was finished in May, 1992, CSSSC started to sell the cold rolling coils. The capacity was up to 75,000 tons per year. Meanwhile, the quality of stainless steel products was absolutely a critical production factor in CSSSC. In order to upgrade the quality of products and maintain the quality standard, CSSSC was certified by DNV with ISO 9002 which was upgraded to ISO 9001 in year 2001. Such quality certificate can offer the complete guarantee of product quality to customers. However, such production scale CSSSC operated could not meet all customers’ requirements, especially in the global market. Therefore, the expansion of the CSSSC’s cold rolling plant was so essential to be implemented. In the first year of 21 century, the 2nd Annealing and Pickling Line was built to offer the products with higher quality of strip surface. While the 2nd Cold Rolling Mill joined the integrated production lines in the next coming 2 years, the more combinations of product mix CSSSC supplies, the more alternatives of coil thickness and material grade customers can choose. The synergy of such stainless steel cold rolling plant not only leverages the production efficiency but also increases the capacity up to 150,000 tons per year. Even though the stainless steel industry has become tremendously competitive in the recent years, CSSSC still insists on the most fundamental spirits of doing business. The production cost effectively and continuously controlled is necessary. The most important mission and always the very first priority is quality control that is endless operated in CSSSC every day. Therefore, CSSSC is keeping taking the responsibility for offering the suitable solutions to customers in the stainless steel coil industry internationally. The initial capital owned by CSSSC was USD100,000. The capital currently is USD 100 million after increasing in these years. CSSSC has been listing in Taiwan Security Exchange Market publicly since Feb, 1996

Headquarters
No.222,Industry Road,Matou
Tainan City; Tainan City;

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Website: http://www.csssc.com.tw

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
May 08, 1972
Key Executives
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Chairman
Ownership Details
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7.13%
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3.39%
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3.29%
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Subsidiaries
Shuang-Bang Industrial Corp.
1.48%
YFC-Boneagle Electric Co., Ltd
1.2%
NEXCOM International Co., Ltd.
0.81%
Company Performance
Financial values in the chart are available after Chien Shing Stainless Steel Co., Ltd. report is purchased.
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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
-39.99%
Total operating revenue
-39.73%
Operating profit (EBIT)
-20.56%
EBITDA
N/A
Net Profit (Loss) for the Period
-70.77%
Total assets
19.02%
Total equity
16.19%
Operating Profit Margin (ROS)
-11.95%
Net Profit Margin
-32.53%
Return on Equity (ROE)
-39.83%
Quick Ratio
-8.28%
Cash Ratio
-8.71%

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