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Wei Chih Steel Industrial Co., Ltd. (Taiwan, China)

Main Activities: Primary Metal Manufacturing
Full name: Wei Chih Steel Industrial Co., Ltd. Profile Updated: April 05, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Wei Chih Steel Industrial Co., Ltd. was established on October 27, 1982, listed publicly in Taiwan Stock Exchange in December, 1996 and its current capital amounts to NT$ 2.65 billion. By actively involved in various research and development programs, the company has won a number of product certifications. The company was granted ISO 9002 Certification in 1998 and ISO 9001 Certification in 2002. In 2006 its steel product with British Standard obtained the license number after inspected by the Construction and Planning Agency of the Hong Kong Government. At the same year, the company won the ASTM product certification by Metal Industries Research and Development Center of the U.S.A. In 2009 it started to develop the Australian market and its products passed the test of Australia’s national laboratory. In its early stage, the company was mainly engaged in black wire processing and rod trading. The company commissioned its refining plant in 1994 and its steel mill plant in 1996, thus its production entered a new era. Since 2004 the company has actively expanded the overseas market and is committed to product development of different specifications in other countries. In this way it has successfully reinforced the reputation of excellent quality with ‘Taiwan’s MIT”. Since 2010 the company started to develop a variety of straight steel bars and went into a new business stage with diverse variety of products. In 2010 it passed SD300 / 400 / 500 of KS D 3504 South Korean national product certification, the first eligible steel company in Taiwan to enter the Korean steel market. Currently the company has about 140,000 square meters of land area, and employs about 300 people. It is principally engaged in the manufacture, processing and trade of steel products. The company’s major products are reinforcing steel bars and steel billets. Its reinforcing steel bars are used for construction of office buildings, residential buildings, plants, roads, bridges and tunnels. Its steel billets are used as raw materials for steel products. It also produces steel bars. The company distributes its products within the domestic market and to overseas markets, including the United States, Mainland China, South Korea, Hong Kong and Brunei.

Headquarters
No.123, Nan Pu Village, Kuan Tien Distrect
Tainan City; Tainan City;

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

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
October 27, 1982
Key Executives
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Chairman
Ownership Details
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9.93%
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0.84%
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Subsidiaries
Strorage Co.,Ltd.
8.15%
Taiwan Steel Union Co., Ltd.
3.01%
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
-20.11%
Total operating revenue
-20.03%
Operating profit (EBIT)
-44.43%
EBITDA
-36.04%
Net Profit (Loss) for the Period
-44.67%
Total assets
3.94%
Total equity
2.5%
Operating Profit Margin (ROS)
-2.14%
Net Profit Margin
-1.76%
Return on Equity (ROE)
-7.94%
Debt to Equity Ratio
26%
Quick Ratio
-0.21%
Cash Ratio
-0.11%

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