Taichung Commercial Bank Co., Ltd. Logo

Taichung Commercial Bank Co., Ltd.

2812.TW

(3.5)
Stock Price

17,75 TWD

0.88% ROA

10.47% ROE

13.12x PER

Market Cap.

99.889.556.000,00 TWD

80.28% DER

2.09% Yield

33.15% NPM

Taichung Commercial Bank Co., Ltd. Stock Analysis

Taichung Commercial Bank Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Taichung Commercial Bank Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (24%), which means it has a small amount of debt compared to the ownership it holds

2 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

4 ROE

ROE in an average range (8.39%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 ROA

The stock's ROA (0.71%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

6 PBV

The stock's PBV ratio (1.15x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

7 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

8 Net Profit Growth

This company's net profit has consistently grown over the past three years, showcasing a positive financial trend and making it an appealing investment opportunity.

9 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

10 Dividend Growth

The company's dividend growth has been consistently strong over the past three years, with annual increases that demonstrate its commitment to rewarding shareholders.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (46), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

Taichung Commercial Bank Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Taichung Commercial Bank Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Taichung Commercial Bank Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Taichung Commercial Bank Co., Ltd. Revenue
Year Revenue Growth
2006 -70.502.000
2007 6.149.463.000 101.15%
2008 5.878.128.000 -4.62%
2009 4.590.482.000 -28.05%
2010 5.049.639.000 9.09%
2011 5.615.301.000 10.07%
2012 6.897.323.000 18.59%
2013 9.497.980.000 27.38%
2014 10.714.586.000 11.35%
2015 10.173.028.000 -5.32%
2016 11.469.388.000 11.3%
2017 12.252.107.000 6.39%
2018 12.673.785.000 3.33%
2019 12.092.179.000 -4.81%
2020 11.655.104.000 -3.75%
2021 13.728.426.000 15.1%
2022 15.034.912.000 8.69%
2023 17.761.372.000 15.35%
2023 28.720.651.000 38.16%
2024 31.676.740.000 9.33%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Taichung Commercial Bank Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Taichung Commercial Bank Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 800.055.000
2007 868.239.000 7.85%
2008 873.732.000 0.63%
2009 849.797.000 -2.82%
2010 850.862.000 0.13%
2011 1.023.394.000 16.86%
2012 1.019.571.000 -0.37%
2013 1.203.400.000 15.28%
2014 1.494.595.000 19.48%
2015 1.801.269.000 17.03%
2016 1.993.041.000 9.62%
2017 2.022.816.000 1.47%
2018 2.162.274.000 6.45%
2019 1.959.181.000 -10.37%
2020 1.905.162.000 -2.84%
2021 1.980.647.000 3.81%
2022 2.221.878.000 10.86%
2023 2.311.664.000 3.88%
2023 2.434.374.000 5.04%
2024 2.414.628.000 -0.82%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Taichung Commercial Bank Co., Ltd. EBITDA
Year EBITDA Growth
2006 -2.275.498.000
2007 5.769.423.000 139.44%
2008 4.347.438.000 -32.71%
2009 2.873.513.000 -51.29%
2010 2.761.861.000 -4.04%
2011 4.546.720.000 39.26%
2012 6.635.718.000 31.48%
2013 7.329.185.000 9.46%
2014 8.340.861.000 12.13%
2015 8.458.806.000 1.39%
2016 8.084.276.000 -4.63%
2017 8.534.433.000 5.27%
2018 9.659.807.000 11.65%
2019 5.687.964.000 -69.83%
2020 5.249.225.000 -8.36%
2021 6.067.274.000 13.48%
2022 11.848.200.000 48.79%
2023 9.311.032.000 -27.25%
2023 470.104.000 -1880.63%
2024 505.700.000 7.04%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Taichung Commercial Bank Co., Ltd. Gross Profit
Year Gross Profit Growth
2006 -70.502.000
2007 6.149.463.000 101.15%
2008 5.878.128.000 -4.62%
2009 4.590.482.000 -28.05%
2010 5.049.639.000 9.09%
2011 5.615.301.000 10.07%
2012 6.897.323.000 18.59%
2013 9.497.980.000 27.38%
2014 10.714.586.000 11.35%
2015 10.173.028.000 -5.32%
2016 11.469.388.000 11.3%
2017 12.252.107.000 6.39%
2018 12.673.785.000 3.33%
2019 12.092.179.000 -4.81%
2020 11.655.104.000 -3.75%
2021 13.728.426.000 15.1%
2022 15.034.912.000 8.69%
2023 17.761.372.000 15.35%
2023 28.720.651.000 38.16%
2024 11.764.572.000 -144.13%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Taichung Commercial Bank Co., Ltd. Net Profit
Year Net Profit Growth
2006 -4.702.547.000
2007 1.776.645.000 364.69%
2008 205.535.000 -764.4%
2009 18.988.000 -982.45%
2010 411.956.000 95.39%
2011 1.454.000.000 71.67%
2012 2.777.958.000 47.66%
2013 3.060.271.000 9.23%
2014 3.719.256.000 17.72%
2015 3.477.032.000 -6.97%
2016 3.514.815.000 1.07%
2017 3.632.542.000 3.24%
2018 4.008.369.000 9.38%
2019 4.319.883.000 7.21%
2020 4.025.533.000 -7.31%
2021 4.796.274.000 16.07%
2022 5.344.205.000 10.25%
2023 7.316.620.000 26.96%
2023 6.821.434.000 -7.26%
2024 8.825.408.000 22.71%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Taichung Commercial Bank Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 -3
2007 1 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 100%
2022 1 0%
2023 1 0%
2023 1 0%
2024 2 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Taichung Commercial Bank Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2006 652.451.000
2007 -776.334.000 184.04%
2008 3.711.521.000 120.92%
2009 -2.321.670.000 259.86%
2010 1.184.338.000 296.03%
2011 6.704.069.000 82.33%
2012 -1.125.805.000 695.49%
2013 -4.473.501.000 74.83%
2014 6.458.017.000 169.27%
2015 13.335.575.000 51.57%
2016 27.396.911.000 51.32%
2017 13.713.344.000 -99.78%
2018 7.954.783.000 -72.39%
2019 15.908.316.000 50%
2020 21.785.083.000 26.98%
2021 -2.806.325.000 876.29%
2022 763.538.000 467.54%
2023 10.399.807.000 92.66%
2023 -389.384.999 2770.83%
2024 4.370.902.000 108.91%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Taichung Commercial Bank Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 714.551.000
2007 -650.377.000 209.87%
2008 3.711.521.000 117.52%
2009 -2.200.965.000 268.63%
2010 1.238.859.000 277.66%
2011 6.851.866.000 81.92%
2012 -951.126.000 820.4%
2013 -4.286.693.000 77.81%
2014 8.370.503.000 151.21%
2015 17.750.366.000 52.84%
2016 27.877.094.000 36.33%
2017 13.966.124.000 -99.61%
2018 8.293.638.000 -68.4%
2019 17.392.955.000 52.32%
2020 23.761.460.000 26.8%
2021 -1.118.532.000 2224.34%
2022 3.555.522.000 131.46%
2023 10.762.075.000 66.96%
2023 1.722.259.000 -524.88%
2024 4.893.853.000 64.81%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Taichung Commercial Bank Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 62.100.000
2007 125.957.000 50.7%
2008 0 0%
2009 120.705.000 100%
2010 54.521.000 -121.39%
2011 147.797.000 63.11%
2012 174.679.000 15.39%
2013 186.808.000 6.49%
2014 1.912.486.000 90.23%
2015 4.414.791.000 56.68%
2016 480.183.000 -819.4%
2017 252.780.000 -89.96%
2018 338.855.000 25.4%
2019 1.484.639.000 77.18%
2020 1.976.377.000 24.88%
2021 1.687.793.000 -17.1%
2022 2.791.984.000 39.55%
2023 362.268.000 -670.7%
2023 2.111.643.999 82.84%
2024 522.951.000 -303.79%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Taichung Commercial Bank Co., Ltd. Equity
Year Equity Growth
2006 8.325.449.000
2007 15.852.605.000 47.48%
2008 15.504.958.000 -2.24%
2009 15.361.003.000 -0.94%
2010 19.415.020.000 20.88%
2011 25.461.054.000 23.75%
2012 28.081.100.000 9.33%
2013 31.037.590.000 9.53%
2014 35.890.951.000 13.52%
2015 39.945.989.000 10.15%
2016 41.382.035.000 3.47%
2017 43.401.940.000 4.65%
2018 47.823.653.000 9.25%
2019 51.309.206.000 6.79%
2020 57.321.753.000 10.49%
2021 63.459.985.000 9.67%
2022 69.229.626.000 8.33%
2023 76.514.984.000 9.52%
2023 73.299.153.000 -4.39%
2024 78.350.630.000 6.45%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Taichung Commercial Bank Co., Ltd. Assets
Year Assets Growth
2006 259.413.564.000
2007 262.563.254.000 1.2%
2008 285.129.404.000 7.91%
2009 309.361.546.000 7.83%
2010 340.256.632.000 9.08%
2011 384.243.568.000 11.45%
2012 444.672.938.000 13.59%
2013 496.212.735.000 10.39%
2014 530.022.853.000 6.38%
2015 575.630.715.000 7.92%
2016 627.102.701.000 8.21%
2017 663.024.083.000 5.42%
2018 690.832.103.000 4.03%
2019 682.688.922.000 -1.19%
2020 736.770.021.000 7.34%
2021 772.678.393.000 4.65%
2022 807.962.828.000 4.37%
2023 877.947.789.000 7.97%
2023 843.277.272.000 -4.11%
2024 909.587.647.000 7.29%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Taichung Commercial Bank Co., Ltd. Liabilities
Year Liabilities Growth
2006 0
2007 2.400.000.000 100%
2008 2.400.000.000 0%
2009 294.000.543.000 99.18%
2010 320.841.612.000 8.37%
2011 358.782.514.000 10.57%
2012 416.591.838.000 13.88%
2013 465.175.145.000 10.44%
2014 494.131.902.000 5.86%
2015 535.684.726.000 7.76%
2016 585.720.666.000 8.54%
2017 619.622.143.000 5.47%
2018 643.008.450.000 3.64%
2019 631.379.716.000 -1.84%
2020 679.448.268.000 7.07%
2021 709.218.408.000 4.2%
2022 738.733.202.000 4%
2023 801.432.805.000 7.82%
2023 769.978.119.000 -4.09%
2024 831.237.017.000 7.37%

Taichung Commercial Bank Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
4.16
Net Income per Share
1.38
Price to Earning Ratio
13.12x
Price To Sales Ratio
4.12x
POCF Ratio
4.85
PFCF Ratio
4.99
Price to Book Ratio
1.35
EV to Sales
4.34
EV Over EBITDA
38.91
EV to Operating CashFlow
4.84
EV to FreeCashFlow
5.26
Earnings Yield
0.08
FreeCashFlow Yield
0.2
Market Cap
99,89 Bil.
Enterprise Value
105,29 Bil.
Graham Number
20.43
Graham NetNet
-145.81

Income Statement Metrics

Net Income per Share
1.38
Income Quality
2.47
ROE
0.1
Return On Assets
0.01
Return On Capital Employed
0.02
Net Income per EBT
0.83
EBT Per Ebit
1.19
Ebit per Revenue
0.33
Effective Tax Rate
0.17

Margins

Sales, General, & Administrative to Revenue
0.1
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.79
Operating Profit Margin
0.33
Pretax Profit Margin
0.4
Net Profit Margin
0.33

Dividends

Dividend Yield
0.02
Dividend Yield %
2.09
Payout Ratio
0.19
Dividend Per Share
0.38

Operating Metrics

Operating Cashflow per Share
3.73
Free CashFlow per Share
3.44
Capex to Operating CashFlow
0.08
Capex to Revenue
0.07
Capex to Depreciation
3.44
Return on Invested Capital
0.05
Return on Tangible Assets
0.01
Days Sales Outstanding
367.32
Days Payables Outstanding
319.76
Days of Inventory on Hand
1821.66
Receivables Turnover
0.99
Payables Turnover
1.14
Inventory Turnover
0.2
Capex per Share
0.3

Balance Sheet

Cash per Share
-8,45
Book Value per Share
13,44
Tangible Book Value per Share
13.4
Shareholders Equity per Share
13.44
Interest Debt per Share
12.35
Debt to Equity
0.8
Debt to Assets
0.07
Net Debt to EBITDA
2
Current Ratio
0.2
Tangible Asset Value
78,10 Bil.
Net Current Asset Value
-745,55 Bil.
Invested Capital
-326322751000
Working Capital
-346,31 Bil.
Intangibles to Total Assets
0
Average Receivables
24,30 Bil.
Average Payables
7,81 Bil.
Average Inventory
-34064542000
Debt to Market Cap
0.63

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Taichung Commercial Bank Co., Ltd. Dividends
Year Dividends Growth
2000 0
2008 0 0%
2009 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

Taichung Commercial Bank Co., Ltd. Profile

About Taichung Commercial Bank Co., Ltd.

Taichung Commercial Bank Co., Ltd. provides various banking products and services in Taiwan. The company offers various deposit products, such as savings account and time deposit accounts, foreign currency demand deposits, cash, and travel checks and remittance; corporate finance services, which include corporate loans, letter of credit, collections, and factoring and forfaiting, as well as account information, deposits, payments, accounts receivable financing, hedging strategies, financial instruments, and consultation services; and personal mortgage loans comprising house mortgage, house renovations, children's education funds, business start-up capital, investments, and financial management services. It also provides financial advice, asset allocation, consultation service, and trust planning, as well as family and retirement services; credit cards; and online and mobile banking, and mobile payment services. As of December 31, 2021, the company had 81 branches, a Malaysia Labuan branch, and an offshore banking unit. The company was formerly known as Taichung Small and Medium Business Bank Company Limited and changed its name to Taichung Commercial Bank Co., Ltd. in December 1998. Taichung Commercial Bank Co., Ltd. was founded in 1952 and is headquartered in Taichung, Taiwan.

CEO
Mr. Yi-Yuan Tung
Employee
1.809
Address
No. 87, Min Chuan Road
Taichung, 40341

Taichung Commercial Bank Co., Ltd. Executives & BODs

Taichung Commercial Bank Co., Ltd. Executives & BODs
# Name Age
1 Mr. Yi-Yuan Tung
President
70
2 Ms. Shu-Chen Chen
Deputy Executive Vice President of Corporate Finance Department
70
3 Mr. Chun-Sheng Lin
Executive Vice President, Deputy EVP of Digital Financial Department & Chief of Information security Officer
70
4 Mr. Chin-Ming Liao
Deputy Executive Vice President of Accounting Department
70
5 Ms. Erhchia Yuan
Clerk
70
6 Mr. Tsung-Yi Liu
Chief Compliance Officer of Head Institution & Chief Internal Auditor
70
7 Mr. Chih-Hua Yao
Deputy Executive Vice President of Legal & Compliance Department
70
8 Mr. Sheng-Liang Wu
Deputy Executive Vice President of Human Resource Department
70
9 Mr. Ming-Hsiung Huang
MD & Director
70
10 Mr. Chun-Yin Wang
Executive Vice President
70

Taichung Commercial Bank Co., Ltd. Competitors