TKC Steel Corporation - Company Capsule - PDF by ICDResearch

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									TKC Steel Corporation

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TKC Steel Corporation - Company Capsule
Reference Code: CN0370CC
Published Date: April 2011




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TKC Steel Corporation - Company Capsule                                             Page 1
TKC Steel Corporation

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TKC Steel Corporation - Company Overview

TKC Steel Corporation (TKC) is engaged in the operation of a smelting, melting and rolling plant, marketing and selling of
various steel products, and fabricating and distribution of steel pipes. The company's main products are billets, steel bars,
rods, plates, sheets, pipes and similar items. TKC is engaged in the manufacturing of steel products and ZZS
manufactures pipes. The product portfolio includes billets, spiral welded pipes, Electric Resistance Welded (ERW) pipes,
and seamless pipes. The ERW pipes and billets are used for general construction and water transmission; and seamless
pipes are used for oil and gas development industry. TKC is headquartered in at Makati City, Philippines.



Financial Performance

The company reported revenue of PHP2,493.2 million during the fiscal year ended 2009. The company's revenue
declined at a compounded rate of 27.3% during the period 2007-2009 with a year on year decline of 56.4% over fiscal
year 2008. During the fiscal year 2009, its operating margin was -15.7% as against the operating margin of 5.0% in fiscal
year 2008. During the fiscal year 2009, the company registered a net profit margin of -14.5% as against the net margin of
2.1% in the fiscal year 2008.




TKC Steel Corporation - Key Facts

TKC Steel Corporation, Key Facts

                                  Unit 3c Zone 4, Makati, , 1227,
                                                                    Ticker Symbol, Stock
Corporate Address:                Philippines
                                                                                               T (Philippines Stock Exchange)
                                                                    Exchange



Telephone                          + 63 02 8896999                  No. of Employees           N/A



Fax                                + 63 02 8896989                  Financial Year End         December



URL                               www.tkcsteel.com                  Revenue (in PHP Million)   2,493.22



Industry                          Construction                      Revenue (in USD Million)   56.45



Locations                         China, Philippines

Source: Annual Report, Company Website, Primary and Secondary Research




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TKC Steel Corporation - Company Capsule                                                                               Page 2
TKC Steel Corporation

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TKC Steel Corporation - Major Products and Services

TKC Steel Corporation is engaged in the operation of a smelting, melting and rolling plant, marketing and selling of
various steel products, and fabricating and distribution of steel pipes. The key product offered by the company include the
following:

TKC Steel Corporation, Major Products and Services
Products:

Billets

ERW pipes

Spiral welded pipes

Seamless pipes

Electric resistance welding machine with stretched mill (ERW-SRM) pipes
Source: Annual Report, Company Website, Primary and Secondary Research




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TKC Steel Corporation - Company Capsule                                                                            Page 3
TKC Steel Corporation

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TKC Steel Corporation - Key Competitors

The following companies are the major competitors of TKC Steel Corporation:

Hatjr Mcs Corporation

OCM Steel Corporation

Vyksa Steel Works




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TKC Steel Corporation - Company Capsule                                             Page 4
TKC Steel Corporation

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TKC Steel Corporation - Key Employees


TKC Steel Corporation, Key Employees


           Name                            Job Title                      Board Level     Since   Age


A.Bayani K. Tan            Director, Secretary - Corporate          Senior Management             53


Alexander Y. Tiu           Director                                 Non Executive Board           33


Anthony S. Dizon           President, Director                      Executive Board               61


Ben C. Tiu                 Chairman                                 Executive Board               56


Dexter Y. Tiu              Director, Treasurer                      Executive Board               36


Enrico G. Valdez           Director                                 Non Executive Board           47


Ignatius F. Yenko          Director, Vice Chairman                  Executive Board


Jerome D. Canlas           Assistant Corporate Secretary            Senior Management


Prudencio C. Somera, Jr. Director                                   Non Executive Board           63


Vicente V. de Villa, Jr.   Director                                 Non Executive Board


                           Chief Compliance Officer, Head
Wilfrido O. Gamboa                                                  Senior Management             54
                           Corporate Services

Source: Annual Report, Company Website, Primary and Secondary Research




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TKC Steel Corporation - Company Capsule                                                                Page 5
TKC Steel Corporation

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TKC Steel Corporation - Locations and Subsidiaries

Head Office

TKC Steel Corporation
Unit 3c Zone 4
Makati
Zip: 1227
Philippines
Tel: + 63 02 8896999
Fax: + 63 02 8896989



Other Locations & Subsidiaries


TKC Steel Corporation, Subsidiaries

Treasure Steelworks Corporation
                                                                    Zhangzhou Stronghold Steel Works Co Ltd.
Iligan City
                                                                    China
Philippines



Source: Annual Report, Company Website, Primary and Secondary Research




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TKC Steel Corporation - Company Capsule                                                                        Page 6
TKC Steel Corporation

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TKC Steel Corporation - Financial Ratios

Financial Ratios - Annual Ratios


TKC Steel Corporation, Annual Ratios

                Key Ratios             Unit/Currency   2009         2008         2007         2006         2005
Equity Ratios
EPS (Earnings per Share)                   PHP           -0.39         0.12           0.29       0.03         -0.63
Book Value per Share                       PHP            2.85         3.26           2.89       0.32         0.29
Cash Value per Share                       PHP                                                   0.57         0.16
Profitability Ratios
Gross
								
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