Chung Hung Steel Corporation
Chung Hung Steel Corporation (TAI: 2014) is trading at NT$17.00, about ₹51 at today's TWD/INR rate, as of 1 Oct 2026, 12:21 AM ET, down 2.30% today. Chung Hung Steel is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
NT$16.95
Today's high
NT$17.45
52 week low
NT$13.95
52 week high
NT$20.90
2014 opened at NT$17.45, closed previously at NT$17.40, and has traded between NT$13.95 and NT$20.90 over the past 52 weeks.
About
Chung Hung Steel Corporation, a Taiwanese firm, specializes in the manufacturing and distribution of diverse steel products. Its comprehensive product line includes hot-rolled, cold-rolled, and hot-dipped galvanized steel coils, alongside various steel pipes compliant with JIS, ASTM, API, and PE-coated specifications. These materials are extensively employed across numerous industries. They are foundational components for items such as sports equipment, bicycles, umbrellas, home appliances, and automobile parts. Additionally, they feature in the construction of office furniture, gardening tubes, display stands, oil drums, and electroplated pipes. Industrially, Chung Hung's steel is vital for C-type steels, scaffold pipes, rigid steel structures, construction equipment, pressure piping, plumbing systems, general and mechanical structures, rigid steel conduits, and large-scale oil and gas pipeline transportation. The company boasts a significant international presence, exporting its goods to markets spanning Hong Kong, China, Japan, Korea, South and Southeast Asia, New Zealand, Australia, the Middle East, Europe, the United States, and Canada. Established in 1983, the company initially operated as Yieh Loong Enterprise Co., Ltd. before formally adopting the name Chung Hung Steel Corporation in July 2004. Its headquarters are located in Kaohsiung, Taiwan.
Key statistics
Avg. volume
5.03M
Market cap
NT$24.40B
P/E Ratio
-34.69
Price-to-sales ratio
1.34
Enterprise value
NT$34.47B
Free cash flow yield
8.97%
Debt-to-equity ratio
1.04
Return on equity
-15.26%
ROIC
-7.31%
Beta
0.81
Dividend yield
0.00%
Last dividend
NT$0.00
Financial overview
Revenue
NT$19.02B
Earnings per share
-NT$1.29
Free cash flow
NT$2.02B
Net profit margin
-3.83%
Gross margin
-1.54%
EBITDA
-NT$1.38B
Revenue growth
-37.56%
Similar securities
This is not an investment recommendation
Chung Hung Steel for Indian investors
Chung Hung Steel is listed on the Taiwan Stock Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on Chung Hung Steel for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 1:30 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneChung Hung Steel does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
FAQs
Can I buy Chung Hung Steel on Paasa?
Chung Hung Steel (2014) has been listed on the Taiwan Stock Exchange since 1992, in the Steel industry. Chung Hung Steel is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one Chung Hung Steel share cost in rupees?
One Chung Hung Steel share is NT$17.00 — about ₹51 at a TWD/INR rate of 3.01 on 30 Sep 2026. Both the Chung Hung Steel price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.
How are gains on Chung Hung Steel shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the TWD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Chung Hung Steel price.
Does Chung Hung Steel pay a dividend?
No. Chung Hung Steel does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one: dividends are taxed at your slab rate in India.
When does TAI trade, in Indian time?
The Taiwan Stock Exchange trades 6:30 am – 11:00 am IST in Indian time.
Do I have to declare Chung Hung Steel shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on Chung Hung Steel?
Yes. Chung Hung Steel is priced in TWD, so your rupee outcome combines the TWD move with the TWD/INR move between the day you remit and the day you convert back.