Union Bank of Taiwan Logo

Union Bank of Taiwan

2838.TW

(3.0)
Stock Price

15,15 TWD

0.48% ROA

6.6% ROE

13.32x PER

Market Cap.

61.358.560.500,00 TWD

131.9% DER

1.23% Yield

20.42% NPM

Union Bank of Taiwan Stock Analysis

Union Bank of Taiwan 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.

Union Bank of Taiwan Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.8x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a minimal amount of debt (12%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Revenue 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.

4 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

5 ROE

The stock's ROE falls within an average range (7.89%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

6 ROA

The stock's ROA (0.54%) 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.

7 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

8 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (52), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

9 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

10 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

11 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

Union Bank of Taiwan 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.

Union Bank of Taiwan Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Union Bank of Taiwan 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.

Union Bank of Taiwan Revenue
Year Revenue Growth
2006 11.308.820.000
2007 8.383.176.000 -34.9%
2008 6.265.262.000 -33.8%
2009 7.092.340.000 11.66%
2010 7.647.497.000 7.26%
2011 8.533.130.000 10.38%
2012 8.730.329.000 2.26%
2013 10.241.973.000 14.76%
2014 10.947.604.000 6.45%
2015 11.798.840.000 7.21%
2016 11.963.532.000 1.38%
2017 12.408.191.000 3.58%
2018 12.718.065.000 2.44%
2019 13.868.371.000 8.29%
2020 14.351.995.000 3.37%
2021 16.668.905.000 13.9%
2022 16.934.636.000 1.57%
2023 17.620.400.000 3.89%
2023 33.044.407.000 46.68%
2024 7.907.632.000 -317.88%

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.

Union Bank of Taiwan 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.

Union Bank of Taiwan General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 3.347.668.000
2007 2.730.678.000 -22.59%
2008 0 0%
2009 2.057.048.000 100%
2010 2.086.370.000 1.41%
2011 2.096.225.000 0.47%
2012 2.068.271.000 -1.35%
2013 2.679.222.000 22.8%
2014 3.086.400.000 13.19%
2015 3.271.222.000 5.65%
2016 3.362.722.000 2.72%
2017 3.437.849.000 2.19%
2018 3.443.571.000 0.17%
2019 3.282.927.000 -4.89%
2020 3.739.857.000 12.22%
2021 3.733.423.000 -0.17%
2022 3.923.613.000 4.85%
2023 4.832.096.000 18.8%
2023 4.722.137.000 -2.33%
2024 4.643.636.000 -1.69%

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.

Union Bank of Taiwan EBITDA
Year EBITDA Growth
2006 6.955.746.000
2007 2.211.757.000 -214.49%
2008 6.201.912.000 64.34%
2009 5.349.334.000 -15.94%
2010 5.383.471.000 0.63%
2011 6.443.697.000 16.45%
2012 8.082.768.000 20.28%
2013 8.448.351.000 4.33%
2014 9.072.823.000 6.88%
2015 9.543.163.000 4.93%
2016 8.816.366.000 -8.24%
2017 8.980.789.000 1.83%
2018 9.751.787.000 7.91%
2019 6.499.317.000 -50.04%
2020 6.434.287.000 -1.01%
2021 7.848.204.000 18.02%
2022 12.382.045.000 36.62%
2023 8.406.336.000 -47.29%
2023 2.599.115.000 -223.43%
2024 2.974.448.000 12.62%

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.

Union Bank of Taiwan Gross Profit
Year Gross Profit Growth
2006 11.308.820.000
2007 8.383.176.000 -34.9%
2008 6.265.262.000 -33.8%
2009 7.092.340.000 11.66%
2010 7.647.497.000 7.26%
2011 8.533.130.000 10.38%
2012 8.730.329.000 2.26%
2013 10.241.973.000 14.76%
2014 10.947.604.000 6.45%
2015 11.798.840.000 7.21%
2016 11.963.532.000 1.38%
2017 12.408.191.000 3.58%
2018 12.718.065.000 2.44%
2019 13.868.371.000 8.29%
2020 14.351.995.000 3.37%
2021 16.668.905.000 13.9%
2022 16.934.636.000 1.57%
2023 17.620.400.000 3.89%
2023 8.351.986.999 -110.97%
2024 7.907.632.000 -5.62%

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.

Union Bank of Taiwan Net Profit
Year Net Profit Growth
2006 305.814.000
2007 -4.942.358.000 106.19%
2008 -1.209.964.000 -308.47%
2009 255.886.000 572.85%
2010 1.410.425.000 81.86%
2011 1.826.615.000 22.78%
2012 2.613.581.000 30.11%
2013 2.867.891.000 8.87%
2014 3.093.795.000 7.3%
2015 3.120.902.000 0.87%
2016 2.636.375.000 -18.38%
2017 2.744.987.000 3.96%
2018 2.956.724.000 7.16%
2019 3.359.457.000 11.99%
2020 3.441.709.000 2.39%
2021 4.463.768.000 22.9%
2022 3.539.070.000 -26.13%
2023 4.650.052.000 23.89%
2023 4.317.286.000 -7.71%
2024 5.767.116.000 25.14%

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.

Union Bank of Taiwan Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 0
2007 -2 100%
2008 0 0%
2009 0 0%
2010 0 0%
2011 1 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 1 100%
2023 1 0%
2024 1 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.

Union Bank of Taiwan Free Cashflow
Year Free Cashflow Growth
2006 22.910.301.000
2007 957.038.000 -2293.88%
2008 4.578.234.000 79.1%
2009 18.146.139.000 74.77%
2010 11.740.477.000 -54.56%
2011 5.497.231.000 -113.57%
2012 5.140.206.000 -6.95%
2013 -12.310.132.000 141.76%
2014 -1.152.334.000 -968.28%
2015 -7.960.440.000 85.52%
2016 761.268.000 1145.68%
2017 -44.722.431.000 101.7%
2018 54.738.466.000 181.7%
2019 -22.248.491.000 346.03%
2020 8.610.425.000 358.39%
2021 -3.126.381.000 375.41%
2022 -5.271.921.000 40.7%
2023 -8.331.321.000 36.72%
2023 10.927.931.000 176.24%
2024 -6.642.487.000 264.52%

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.

Union Bank of Taiwan Operating Cashflow
Year Operating Cashflow Growth
2006 23.638.817.000
2007 1.870.709.000 -1163.63%
2008 4.884.253.000 61.7%
2009 18.375.490.000 73.42%
2010 11.857.197.000 -54.97%
2011 5.593.631.000 -111.98%
2012 5.203.885.000 -7.49%
2013 -10.024.347.000 151.91%
2014 1.461.100.000 786.08%
2015 -7.730.250.000 118.9%
2016 1.525.203.000 606.83%
2017 -44.455.052.000 103.43%
2018 55.026.781.000 180.79%
2019 -21.902.109.000 351.24%
2020 8.879.401.000 346.66%
2021 -2.703.110.000 428.49%
2022 -3.055.990.000 11.55%
2023 -3.438.825.000 11.13%
2023 11.662.307.000 129.49%
2024 -5.907.383.000 297.42%

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.

Union Bank of Taiwan Capital Expenditure
Year Capital Expenditure Growth
2006 728.516.000
2007 913.671.000 20.26%
2008 306.019.000 -198.57%
2009 229.351.000 -33.43%
2010 116.720.000 -96.5%
2011 96.400.000 -21.08%
2012 63.679.000 -51.38%
2013 2.285.785.000 97.21%
2014 2.613.434.000 12.54%
2015 230.190.000 -1035.34%
2016 763.935.000 69.87%
2017 267.379.000 -185.71%
2018 288.315.000 7.26%
2019 346.382.000 16.76%
2020 268.976.000 -28.78%
2021 423.271.000 36.45%
2022 2.215.931.000 80.9%
2023 4.892.496.000 54.71%
2023 734.376.000 -566.21%
2024 735.104.000 0.1%

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.

Union Bank of Taiwan Equity
Year Equity Growth
2006 20.581.616.000
2007 20.065.587.000 -2.57%
2008 17.089.221.000 -17.42%
2009 19.258.752.000 11.27%
2010 20.309.002.000 5.17%
2011 22.189.710.000 8.48%
2012 24.309.973.000 8.72%
2013 28.680.374.000 15.24%
2014 32.307.073.000 11.23%
2015 35.150.417.000 8.09%
2016 36.218.456.000 2.95%
2017 48.186.565.000 24.84%
2018 50.058.755.000 3.74%
2019 56.249.879.000 11.01%
2020 60.192.412.000 6.55%
2021 65.865.069.000 8.61%
2022 63.116.922.000 -4.35%
2023 70.642.455.000 10.65%
2023 68.009.917.000 -3.87%
2024 74.761.941.000 9.03%

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.

Union Bank of Taiwan Assets
Year Assets Growth
2006 389.005.127.000
2007 379.469.040.000 -2.51%
2008 357.690.949.000 -6.09%
2009 360.221.323.000 0.7%
2010 365.826.462.000 1.53%
2011 401.378.015.000 8.86%
2012 410.988.312.000 2.34%
2013 440.154.972.000 6.63%
2014 486.481.573.000 9.52%
2015 508.489.197.000 4.33%
2016 532.706.570.000 4.55%
2017 565.616.287.000 5.82%
2018 647.586.094.000 12.66%
2019 695.161.187.000 6.84%
2020 757.558.002.000 8.24%
2021 841.589.146.000 9.98%
2022 844.999.933.000 0.4%
2023 939.147.045.000 10.02%
2023 932.324.703.000 -0.73%
2024 964.598.589.000 3.35%

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.

Union Bank of Taiwan Liabilities
Year Liabilities Growth
2006 368.423.511.000
2007 359.403.453.000 -2.51%
2008 340.601.728.000 -5.52%
2009 340.962.571.000 0.11%
2010 345.517.460.000 1.32%
2011 379.188.305.000 8.88%
2012 386.678.339.000 1.94%
2013 411.474.598.000 6.03%
2014 454.174.500.000 9.4%
2015 473.338.780.000 4.05%
2016 496.488.114.000 4.66%
2017 517.429.722.000 4.05%
2018 597.527.339.000 13.4%
2019 638.911.308.000 6.48%
2020 697.365.590.000 8.38%
2021 775.724.077.000 10.1%
2022 781.883.011.000 0.79%
2023 868.504.590.000 9.97%
2023 864.314.786.000 -0.48%
2024 889.836.648.000 2.87%

Union Bank of Taiwan Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
5.57
Net Income per Share
1.14
Price to Earning Ratio
13.32x
Price To Sales Ratio
2.72x
POCF Ratio
18.1
PFCF Ratio
238.46
Price to Book Ratio
0.84
EV to Sales
0.8
EV Over EBITDA
3.84
EV to Operating CashFlow
5.31
EV to FreeCashFlow
69.88
Earnings Yield
0.08
FreeCashFlow Yield
0
Market Cap
61,36 Bil.
Enterprise Value
17,98 Bil.
Graham Number
21.43
Graham NetNet
-218.07

Income Statement Metrics

Net Income per Share
1.14
Income Quality
0.66
ROE
0.07
Return On Assets
0
Return On Capital Employed
0.01
Net Income per EBT
0.93
EBT Per Ebit
1.04
Ebit per Revenue
0.21
Effective Tax Rate
0.18

Margins

Sales, General, & Administrative to Revenue
0.21
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.41
Operating Profit Margin
0.21
Pretax Profit Margin
0.22
Net Profit Margin
0.2

Dividends

Dividend Yield
0.01
Dividend Yield %
1.23
Payout Ratio
0.19
Dividend Per Share
0.19

Operating Metrics

Operating Cashflow per Share
0.84
Free CashFlow per Share
0.06
Capex to Operating CashFlow
0.92
Capex to Revenue
0.14
Capex to Depreciation
1.15
Return on Invested Capital
0.02
Return on Tangible Assets
0
Days Sales Outstanding
685.28
Days Payables Outstanding
336.4
Days of Inventory on Hand
-4122.4
Receivables Turnover
0.53
Payables Turnover
1.09
Inventory Turnover
-0.09
Capex per Share
0.77

Balance Sheet

Cash per Share
12,63
Book Value per Share
18,49
Tangible Book Value per Share
17.95
Shareholders Equity per Share
17.94
Interest Debt per Share
26.1
Debt to Equity
1.32
Debt to Assets
0.1
Net Debt to EBITDA
-9.27
Current Ratio
7.66
Tangible Asset Value
72,57 Bil.
Net Current Asset Value
-796,48 Bil.
Invested Capital
101219473000
Working Capital
81,17 Bil.
Intangibles to Total Assets
0
Average Receivables
40,07 Bil.
Average Payables
8,73 Bil.
Average Inventory
-72499095500
Debt to Market Cap
1.56

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.

Union Bank of Taiwan Dividends
Year Dividends Growth
2001 0
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2020 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

Union Bank of Taiwan Profile

About Union Bank of Taiwan

Union Bank of Taiwan provides various banking products and services. The company is involved in various activities, which cover loans, remittances, acceptances, short-term bill transactions, investments, foreign exchange transactions, savings, trust services, etc. It accepts deposit products; and provides corporate loans, discount bills and notes, domestic letters of credit and accounts receivable factoring, mortgages, auto loans, personal loans, and other consumer credit. The company also handles exports, imports, foreign remittances, foreign currency loans, and guarantees; and offers credit card, wealth management, trust, custodian business, safe-deposit box rental, and certification services for marketable securities. In addition, it trades in marketable securities and futures on behalf of customers; and acts as collecting and paying agent for public facilities fees, taxes, and remittances, as well as operates as a life and property insurance agency. Further, the company is involved in the retail and distribution of hardware and software products; development of system programs; outsourcing of system development; website designing; provision of e-commerce services; car rental; import and export financing; securities investment trust; and installment purchase and lease investment businesses. Additionally, it engages in sale, purchase, and leasing of real estates, etc.; general business investment; and power generation, transmission, distribution, and energy technology service business; and investment management advisory and equipment leasing activities. The company operates 90 branches in Taiwan, including 49 branches in Greater Taipei, 18 branches in Taoyuan and HsinChu, 9 branches in Taichung and Changhua, 6 branches in Chiayi and Tainan, and 8 branches in Kaohsiung and Pingtung; and 9 securities branches, as well as one overseas banking branch. Union Bank of Taiwan was founded in 1989 and is headquartered in Taipei, Taiwan.

CEO
Mr. Chen Hsiung Chiang
Employee
4.012
Address
No.109, Minsheng East Road
Taipei, 105

Union Bank of Taiwan Executives & BODs

Union Bank of Taiwan Executives & BODs
# Name Age
1 Mr. Hung-Ming Chien
Chief Corporate Governance Officer
70
2 Ms. Shu-Feng Hsueh
Vice President & GM of Operations Center
70
3 Mr. Ching-Wen Chen
Chief Compliance Officer, Vice President and GM of Legal Affairs & Compliance Dept.
70
4 Mr. Hsiao-Chen Lin
Executive Vice President & GM of Human Resources Department
70
5 Mr. Chu-Chang Yang
Senior Executive Vice President
70
6 Ms. Pi-Chiu Tang
EVice President & GM of Consumer Banking Dept
70
7 Mr. Chen Hsiung Chiang
MD & Director
70
8 Mr. Wei-Wen Hsu
President
70
9 Ms. Jane Lu
Senior Vice President & Branch Manager
70
10 Ms. Yi-Chun Kao
Vice President and GM of Product Development & Marketing Dept.
70

Union Bank of Taiwan Competitors