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Tang Eng Iron Works Co., Ltd. (Taiwan, China)

Main Activities: Steel Product Manufacturing from Purchased Steel
Full name: Tang Eng Iron Works Co., Ltd. Profile Updated: June 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

In 1940 the company was set up. In 1957 it was reorganized as a limited company. Then it set up brick factory in Kaohsiung, machinery factory in Taipei. Casting factory was established in 1960. 1962 the company was reorganized as a provincial-owned enterprise. Construction factory was founded in 1967. ZTE alloy steel plant was completed in 1968 and started production. ZTE was established in 1972, and set up technical cooperation with Japan's Mitsubishi. ZTE stainless steel plant was built in 1979. In 1985 ZTE was renamed as steel plant and the casting Factory divided into casting, mechanical workshops belonging to steel plant. Refractory Plant was abolished, and Construction plant was changed to construction department. In 1991 stainless steel plant and rolling steel expansion project was under construction. Steel and stainless steel plant in 1993 completed the expansion rolling. In 1995 Stainless Steel Factory obtained ISO9002 quality certification. From 1996 to 1998, steel mills, machinery plants and construction department obtained ISO9002 quality certification. To cope with the virtual level of provincial government policy, the company became to a utility in Ministry of Economic Affairs.

Headquarters
No.4, Yen Hai 2Nd Rd., Hsiao Kang .
Kaohsiung City; Kaohsiung City;

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

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
April 26, 1955
Key Executives
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Chairman
Ownership Details
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21.37%
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11.56%
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8.53%
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2.54%
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1.18%
Subsidiaries
Taiwan Rolling Stock Company Ltd.
26.47%
China Steel -PRE A
4.36%
Taipei Rapid Transit Co., Ltd.
0.36%
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
-5.72%
Total operating revenue
-3.28%
Operating profit (EBIT)
75.98%
EBITDA
N/A
Net Profit (Loss) for the Period
59.06%
Total assets
0.14%
Total equity
-15.79%
Operating Profit Margin (ROS)
6.29%
Net Profit Margin
4.48%
Return on Equity (ROE)
4.7%
Debt to Equity Ratio
33.82%
Quick Ratio
0.04%
Cash Ratio
0.02%

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