CTBC Financial Holding Co., Ltd. Logo

CTBC Financial Holding Co., Ltd.

2891.TW

(2.8)
Stock Price

36,80 TWD

0.76% ROA

14.49% ROE

10.67x PER

Market Cap.

692.603.650.000,00 TWD

115.11% DER

5.1% Yield

16.18% NPM

CTBC Financial Holding Co., Ltd. Stock Analysis

CTBC Financial Holding 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.

CTBC Financial Holding Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (43%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 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.

3 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

4 ROE

ROE in an average range (9.65%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 ROA

The stock's ROA (0.46%) 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 (1.3x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

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

The company's stock presents an enticing opportunity as it appears undervalued (96) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

CTBC Financial Holding 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.

CTBC Financial Holding Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

CTBC Financial Holding 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.

CTBC Financial Holding Co., Ltd. Revenue
Year Revenue Growth
2006 64.570.910.000
2007 58.978.307.000 -9.48%
2008 59.819.935.000 1.41%
2009 52.300.579.000 -14.38%
2010 55.448.626.000 5.68%
2011 59.751.047.000 7.2%
2012 95.575.815.000 37.48%
2013 127.132.376.000 24.82%
2014 187.668.657.000 32.26%
2015 216.399.938.000 13.28%
2016 319.641.306.000 32.3%
2017 348.315.266.000 8.23%
2018 313.270.421.000 -11.19%
2019 262.593.474.000 -19.3%
2020 193.323.932.000 -35.83%
2021 185.364.490.000 -4.29%
2022 150.965.176.000 -22.79%
2023 178.776.480.000 15.56%
2023 412.181.107.000 56.63%
2024 515.489.224.000 20.04%

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.

CTBC Financial Holding 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.

CTBC Financial Holding Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 14.688.969.000
2007 13.972.403.000 -5.13%
2008 12.968.212.000 -7.74%
2009 12.124.345.000 -6.96%
2010 12.843.643.000 5.6%
2011 13.269.305.000 3.21%
2012 14.328.625.000 7.39%
2013 14.980.341.000 4.35%
2014 19.538.441.000 23.33%
2015 22.859.226.000 14.53%
2016 23.817.840.000 4.02%
2017 23.433.483.000 -1.64%
2018 23.348.257.000 -0.37%
2019 22.290.580.000 -4.74%
2020 21.257.802.000 -4.86%
2021 21.141.838.000 -0.55%
2022 24.490.621.000 13.67%
2023 29.776.204.000 17.75%
2023 29.535.376.000 -0.82%
2024 32.055.748.000 7.86%

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.

CTBC Financial Holding Co., Ltd. EBITDA
Year EBITDA Growth
2006 16.993.281.000
2007 51.696.370.000 67.13%
2008 47.762.926.000 -8.24%
2009 20.409.567.000 -134.02%
2010 30.009.062.000 31.99%
2011 35.586.578.000 15.67%
2012 40.505.630.000 12.14%
2013 38.125.985.000 -6.24%
2014 68.233.350.000 44.12%
2015 65.598.530.000 -4.02%
2016 56.494.914.000 -16.11%
2017 69.175.200.000 18.33%
2018 73.404.728.000 5.76%
2019 59.268.272.000 -23.85%
2020 59.418.962.000 0.25%
2021 70.117.971.000 15.26%
2022 86.762.104.000 19.18%
2023 102.150.144.000 15.06%
2023 6.954.038.000 -1368.93%
2024 6.574.112.000 -5.78%

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.

CTBC Financial Holding Co., Ltd. Gross Profit
Year Gross Profit Growth
2006 64.570.910.000
2007 58.978.307.000 -9.48%
2008 59.819.935.000 1.41%
2009 52.300.579.000 -14.38%
2010 55.448.626.000 5.68%
2011 59.751.047.000 7.2%
2012 95.575.815.000 37.48%
2013 127.132.376.000 24.82%
2014 187.668.657.000 32.26%
2015 216.399.938.000 13.28%
2016 319.641.306.000 32.3%
2017 348.315.266.000 8.23%
2018 313.270.421.000 -11.19%
2019 262.593.474.000 -19.3%
2020 193.323.932.000 -35.83%
2021 185.364.490.000 -4.29%
2022 150.965.176.000 -22.79%
2023 178.776.480.000 15.56%
2023 412.181.107.000 56.63%
2024 515.489.224.000 20.04%

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.

CTBC Financial Holding Co., Ltd. Net Profit
Year Net Profit Growth
2006 -10.199.800.000
2007 13.339.174.000 176.47%
2008 14.706.829.000 9.3%
2009 2.431.057.000 -504.96%
2010 14.133.988.000 82.8%
2011 18.289.538.000 22.72%
2012 21.181.643.000 13.65%
2013 21.502.785.000 1.49%
2014 39.437.007.000 45.48%
2015 35.397.576.000 -11.41%
2016 27.928.977.000 -26.74%
2017 37.222.217.000 24.97%
2018 36.032.425.000 -3.3%
2019 42.879.806.000 15.97%
2020 42.853.406.000 -0.06%
2021 54.204.958.000 20.94%
2022 31.278.991.000 -73.3%
2023 79.093.448.000 60.45%
2023 56.081.479.000 -41.03%
2024 65.146.980.000 13.92%

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.

CTBC Financial Holding Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 -1
2007 1 0%
2008 1 0%
2009 0 0%
2010 1 0%
2011 1 100%
2012 1 0%
2013 1 0%
2014 2 50%
2015 2 -100%
2016 1 0%
2017 2 0%
2018 2 0%
2019 2 50%
2020 2 0%
2021 3 0%
2022 2 -100%
2023 4 66.67%
2023 3 -50%
2024 3 33.33%

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.

CTBC Financial Holding Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2006 59.251.608.000
2007 25.527.827.000 -132.11%
2008 -4.609.798.000 653.77%
2009 61.730.884.000 107.47%
2010 22.996.247.000 -168.44%
2011 -13.631.823.000 268.7%
2012 36.442.077.000 137.41%
2013 53.648.614.000 32.07%
2014 6.015.662.000 -791.82%
2015 124.019.993.000 95.15%
2016 -56.747.844.000 318.55%
2017 -5.814.931.000 -875.9%
2018 20.034.632.000 129.02%
2019 -55.383.021.000 136.17%
2020 187.688.041.000 129.51%
2021 -37.201.652.000 604.52%
2022 90.320.657.000 141.19%
2023 -50.870.487.000 277.55%
2023 24.263.900.000 309.66%
2024 -17.118.247.000 241.74%

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.

CTBC Financial Holding Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 64.704.152.000
2007 28.062.040.000 -130.58%
2008 -2.648.417.000 1159.58%
2009 64.542.276.000 104.1%
2010 25.114.938.000 -156.99%
2011 -10.540.506.000 338.27%
2012 45.475.343.000 123.18%
2013 61.105.243.000 25.58%
2014 16.088.179.000 -279.81%
2015 134.780.611.000 88.06%
2016 -52.060.156.000 358.89%
2017 -1.892.198.000 -2651.31%
2018 25.466.610.000 107.43%
2019 -50.729.145.000 150.2%
2020 190.751.609.000 126.59%
2021 -34.189.900.000 657.92%
2022 94.596.682.000 136.14%
2023 -49.885.325.000 289.63%
2023 28.671.510.000 273.99%
2024 -15.900.117.000 280.32%

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.

CTBC Financial Holding Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 5.452.544.000
2007 2.534.213.000 -115.16%
2008 1.961.381.000 -29.21%
2009 2.811.392.000 30.23%
2010 2.118.691.000 -32.69%
2011 3.091.317.000 31.46%
2012 9.033.266.000 65.78%
2013 7.456.629.000 -21.14%
2014 10.072.517.000 25.97%
2015 10.760.618.000 6.39%
2016 4.687.688.000 -129.55%
2017 3.922.733.000 -19.5%
2018 5.431.978.000 27.78%
2019 4.653.876.000 -16.72%
2020 3.063.568.000 -51.91%
2021 3.011.752.000 -1.72%
2022 4.276.025.000 29.57%
2023 985.162.000 -334.04%
2023 4.407.610.000 77.65%
2024 1.218.130.000 -261.83%

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.

CTBC Financial Holding Co., Ltd. Equity
Year Equity Growth
2006 123.387.345.000
2007 143.157.240.000 13.81%
2008 140.266.771.000 -2.06%
2009 149.814.775.000 6.37%
2010 161.028.748.000 6.96%
2011 171.451.609.000 6.08%
2012 170.317.870.000 -0.67%
2013 192.846.329.000 11.68%
2014 229.439.398.000 15.95%
2015 277.594.246.000 17.35%
2016 282.195.419.000 1.63%
2017 320.984.171.000 12.08%
2018 315.148.481.000 -1.85%
2019 381.219.840.000 17.33%
2020 405.310.740.000 5.94%
2021 452.601.450.000 10.45%
2022 392.822.258.000 -15.22%
2023 436.338.646.000 9.97%
2023 465.345.349.000 6.23%
2024 478.239.006.000 2.7%

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.

CTBC Financial Holding Co., Ltd. Assets
Year Assets Growth
2006 1.705.957.938.000
2007 1.687.754.328.000 -1.08%
2008 1.727.265.907.000 2.29%
2009 1.760.715.176.000 1.9%
2010 1.814.593.707.000 2.97%
2011 2.019.622.075.000 10.15%
2012 2.109.924.424.000 4.28%
2013 2.424.720.079.000 12.98%
2014 3.654.680.064.000 33.65%
2015 4.596.226.754.000 20.49%
2016 4.839.251.254.000 5.02%
2017 5.340.733.544.000 9.39%
2018 5.753.247.546.000 7.17%
2019 6.219.434.536.000 7.5%
2020 6.616.667.179.000 6%
2021 7.083.525.780.000 6.59%
2022 7.720.493.113.000 8.25%
2023 8.188.186.011.000 5.71%
2023 8.304.134.831.000 1.4%
2024 8.504.875.381.999 2.36%

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.

CTBC Financial Holding Co., Ltd. Liabilities
Year Liabilities Growth
2006 1.582.570.593.000
2007 1.544.597.088.000 -2.46%
2008 1.586.999.136.000 2.67%
2009 1.610.900.401.000 1.48%
2010 1.653.564.959.000 2.58%
2011 1.848.170.466.000 10.53%
2012 1.939.606.554.000 4.71%
2013 2.231.873.750.000 13.1%
2014 3.425.240.666.000 34.84%
2015 4.318.632.508.000 20.69%
2016 4.557.055.835.000 5.23%
2017 5.019.749.373.000 9.22%
2018 5.438.099.065.000 7.69%
2019 5.838.214.696.000 6.85%
2020 6.211.356.439.000 6.01%
2021 6.630.924.330.000 6.33%
2022 7.327.670.855.000 9.51%
2023 7.751.847.365.000 5.47%
2023 7.838.789.482.000 1.11%
2024 8.026.636.376.000 2.34%

CTBC Financial Holding Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
20.44
Net Income per Share
3.31
Price to Earning Ratio
10.67x
Price To Sales Ratio
1.74x
POCF Ratio
-9.33
PFCF Ratio
-8.77
Price to Book Ratio
1.51
EV to Sales
1.37
EV Over EBITDA
17.69
EV to Operating CashFlow
-7.39
EV to FreeCashFlow
-6.9
Earnings Yield
0.09
FreeCashFlow Yield
-0.11
Market Cap
692,60 Bil.
Enterprise Value
545,08 Bil.
Graham Number
41.66
Graham NetNet
-419.24

Income Statement Metrics

Net Income per Share
3.31
Income Quality
-1.08
ROE
0.14
Return On Assets
0.01
Return On Capital Employed
0
Net Income per EBT
0.81
EBT Per Ebit
3.53
Ebit per Revenue
0.06
Effective Tax Rate
0.18

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
1
Operating Profit Margin
0.06
Pretax Profit Margin
0.2
Net Profit Margin
0.16

Dividends

Dividend Yield
0.05
Dividend Yield %
5.1
Payout Ratio
0.33
Dividend Per Share
1.8

Operating Metrics

Operating Cashflow per Share
-3.78
Free CashFlow per Share
-4.05
Capex to Operating CashFlow
-0.07
Capex to Revenue
0.01
Capex to Depreciation
0.64
Return on Invested Capital
0.02
Return on Tangible Assets
0.01
Days Sales Outstanding
298.12
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
1.22
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0.27

Balance Sheet

Cash per Share
-23,49
Book Value per Share
24,53
Tangible Book Value per Share
22.48
Shareholders Equity per Share
23.32
Interest Debt per Share
31.02
Debt to Equity
1.15
Debt to Assets
0.06
Net Debt to EBITDA
-4.79
Current Ratio
0.44
Tangible Asset Value
438,36 Bil.
Net Current Asset Value
-6.995,60 Bil.
Invested Capital
-1185300889000
Working Capital
-1.292,62 Bil.
Intangibles to Total Assets
0
Average Receivables
289,47 Bil.
Average Payables
7,10 Bil.
Average Inventory
139747899000
Debt to Market Cap
0.76

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.

CTBC Financial Holding Co., Ltd. Dividends
Year Dividends Growth
2003 1
2004 1 100%
2005 1 0%
2006 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 1 0%
2012 0 0%
2013 1 0%
2014 0 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 100%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%
2024 2 0%

CTBC Financial Holding Co., Ltd. Profile

About CTBC Financial Holding Co., Ltd.

CTBC Financial Holding Co., Ltd. engages in the banking, bills financing, credit card, trust, securities, futures, asset management, and other financial related business investment activities. The company offers loans, guarantees, foreign exchange, bonds, proprietary trading, safe deposit boxes, derivatives, factoring, online banking, and lottery services; installment, leasing, and account receivable services; and transaction financing, cash management, fiduciary and agent, international trade financing, syndication lending, structured finance, and financial advisory services. It also provides life, health, annuity, group, and investment insurance products; and property insurance products, including fire, marine, miscellaneous casualty, voluntary auto, and personal accident insurances. In addition, the company offers securities and futures related services, as well as publicly-traded securities and investment opportunities in emerging stocks and futures trading; and asset-backed security services. Further, it is involved in the venture capital business investing in information technology, communications, biotechnology, health care, cultural, creative, and alternative energy industries, as well as companies in traditional industries; debt and mortgage management business; and overseas, international, and payment business. Additionally, the company provides securities investment trust, consulting, foreign financial institutions, discretionary investment, and offshore fund master agent services, as well as security services to corporate entities. It operates approximately 152 branches in Taiwan; and 116 overseas branches in the United States, Japan, Canada, the Philippines, Indonesia, Vietnam, India, and Singapore. The company was formerly known as ChinaTrust Financial Holding Co., Ltd. and changed its name to CTBC Financial Holding Co., Ltd. in June 2013. CTBC Financial Holding Co., Ltd. was founded in 2002 and is headquartered in Taipei City, Taiwan.

CEO
Ms. Rachael Kao
Employee
24.286
Address
No. 168, Jingmao 2nd Road
Taipei, 115

CTBC Financial Holding Co., Ltd. Executives & BODs

CTBC Financial Holding Co., Ltd. Executives & BODs
# Name Age
1 Ms. Justine Shen
Head of Investor Relations Department
70
2 Ms. Rachael Kao
President
70
3 Mr. Chang-Hsing Cho
Chief Human Resources Officer
70
4 Ms. Monica Chu
Chief Strategy Officer & Executive Vice President
70
5 Mr. Ken Der Chen
Executive Vice President and Director of Planning & Operation Division
70
6 Mr. Aaron King
Chief Compliance Officer & General Counsel
70
7 Mr. Titan Chia
Chief Technology Officer & Head of Technology Management Department
70
8 Mr. Sting Yang
Executive Vice President
70
9 Megan Hsu
Acting Chief Financial Officer
70
10 Charlene Hsu
Accounting Officer
70

CTBC Financial Holding Co., Ltd. Competitors