CTBC Financial Holding Co., Ltd.

$ 71.90 1.27 %

CTBC Financial Holding Co., Ltd. is a comprehensive financial services conglomerate, offering a broad spectrum of activities including banking, bills financing, credit card services, trust operations, securities, futures, and asset management. Its extensive range of services caters to both individual and corporate clients. These include traditional banking products such as loans, guarantees, foreign exchange, bonds, and safe deposit boxes, alongside modern offerings like online banking and lottery services. For business clients, it delivers solutions in transaction financing, cash management, fiduciary and agency services, international trade financing, syndication lending, structured finance, and financial advisory. The company also engages in proprietary trading, derivatives, factoring, installment services, leasing, and accounts receivable management. Beyond banking, CTBC offers a comprehensive suite of insurance products. This encompasses life, health, annuity, group, and investment-linked policies, as well as various property insurance options including fire, marine, miscellaneous casualty, voluntary auto, and personal accident coverage. The firm is also active in the securities and futures markets, facilitating trading in publicly-listed securities and providing investment access to emerging stocks and futures. Furthermore, it provides asset-backed security services. Its operations extend to venture capital, channeling investments into sectors such as information technology, communications, biotechnology, healthcare, cultural, creative, and alternative energy, along with established traditional industries. It also manages debt and mortgages and facilitates international and payment transactions. Specialized offerings include securities investment trusts, financial consulting, services for foreign financial institutions, discretionary investment management, and offshore fund master agency functions, as well as security services tailored for corporate entities. With a significant global footprint, CTBC maintains approximately 152 branches across Taiwan and an additional 116 overseas branches. Its international presence spans key markets including the United States, Japan, Canada, the Philippines, Indonesia, Vietnam, India, and Singapore. Established in 2002, the company initially operated as ChinaTrust Financial Holding Co., Ltd. before rebranding to CTBC Financial Holding Co., Ltd. in June 2013. Its corporate headquarters are situated in Taipei City, Taiwan.

CEO: Li-Hsueh Kao - https://www.ctbcholding.com

Price objectif

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Recommandation

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DCF

$ 103.05

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2891.TW vs S&P500

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Quick ratio

1.00

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

17.71

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

4.06

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

16.62 %

reflects reasonable profitability, showing good use of equity.

ROIC

0.91 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

8.88

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

1.32

means it relies more on debt, which can increase financial risk.

Free cash flow per share

22.59

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

55.75 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
8 indicates good financial health
Altman score
0.20 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.91 indicates that the company has a moderate ability to cover its short-term debts with its cash
Debt Ratio
0.08 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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