China Steel Corporation Sponsored GDR

CNSD

Equity

ISIN null / Valor 738603

LSE London Stock Exchange, SETS (2026-10-09)

GBP 8.70+0.01%

China Steel Corporation Sponsored GDR
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About company

China Steel Corporation, established in 1971 and listed on the Taiwan Stock Exchange since 1974, is one of Taiwan's leading integrated steel manufacturers, producing a wide range of steel products for various industries. To facilitate international investment and raise capital, the company has issued a total of 133,436,904 Global Depositary Receipts (GDRs) as of May 2025, which are traded on major global exchanges including those in Europe, Asia, and the United States, and are listed on the Luxembourg Stock Exchange. These GDRs represent ownership in the company's common stock, with one GDR equivalent to 20 common shares. The issuance of GDRs has served both to divest government-held shares and to meet the company's capital requirements. China Steel Corporation maintains a strong commitment to returning value to its shareholders, consistently distributing a high portion of its earnings through dividends, exemplified by the approval of a cash dividend of NT$0.33 per common share in 2025. Governed by a significant government ownership stake of 20%, the company continues to play a pivotal role in the global steel market while ensuring robust shareholder returns.

Summarized from source with an LLMView SourceSector: Non-Energy Materials

Latest Results ():

Summarized from source with an LLMView Source

Key figures

-3.39%1Y

-39.3%3Y

-54.4%5Y

Performance

30.7%1Y

38.4%3Y

35.8%5Y

Volatility