XTAI2838
Market cap1.90bUSD
Dec 23, Last price
15.35TWD
1D
1.99%
1Q
-0.32%
Jan 2017
76.64%
Name
Union Bank of Taiwan
Chart & Performance
Profile
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.
Valuation
Title TWD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 17,306,234 2.19% | 16,934,636 1.59% | 16,668,905 16.14% | |||||||
Cost of revenue | 20,825,417 | 4,834,515 | 4,691,308 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | (3,519,183) | 12,100,121 | 11,977,597 | |||||||
NOPBT Margin | 71.45% | 71.86% | ||||||||
Operating Taxes | 914,717 | 1,008,240 | 746,848 | |||||||
Tax Rate | 8.33% | 6.24% | ||||||||
NOPAT | (4,433,900) | 11,091,881 | 11,230,749 | |||||||
Net income | 4,317,286 21.99% | 3,539,070 -20.72% | 4,463,768 29.70% | |||||||
Dividends | (839,405) | (974,282) | (480,000) | |||||||
Dividend yield | 1.44% | 1.69% | 1.07% | |||||||
Proceeds from repurchase of equity | 1,317,500 | |||||||||
BB yield | -2.29% | |||||||||
Debt | ||||||||||
Debt current | 52,691,445 | 75,153,080 | ||||||||
Long-term debt | 2,660,808 | 8,882,276 | 12,064,797 | |||||||
Deferred revenue | (1,819,261) | 8,965,924 | ||||||||
Other long-term liabilities | 173,833,300 | (407,215) | (10,641,350) | |||||||
Net debt | (205,613,494) | (150,304,889) | (145,601,300) | |||||||
Cash flow | ||||||||||
Cash from operating activities | (33,516,588) | (3,055,990) | (2,703,110) | |||||||
CAPEX | (3,588,525) | (2,215,931) | (423,271) | |||||||
Cash from investing activities | (3,838,684) | (4,397,935) | (3,554,408) | |||||||
Cash from financing activities | 55,361,137 | (8,923,766) | 5,595,219 | |||||||
FCF | 665,804,665 | 28,267,940 | (1,226,365) | |||||||
Balance | ||||||||||
Cash | 11,526,796 | 37,223,013 | 43,320,917 | |||||||
Long term investments | 196,747,506 | 174,655,597 | 189,498,260 | |||||||
Excess cash | 207,408,990 | 211,031,878 | 231,985,732 | |||||||
Stockholders' equity | 62,516,723 | 55,040,096 | 57,813,085 | |||||||
Invested Capital | 266,277,287 | 832,914,591 | 848,282,276 | |||||||
ROIC | 1.32% | 1.39% | ||||||||
ROCE | 1.36% | 1.32% | ||||||||
EV | ||||||||||
Common stock shares outstanding | 4,050,681 | 3,779,281 | 3,774,327 | |||||||
Price | 14.40 -5.51% | 15.24 28.07% | 11.90 34.46% | |||||||
Market cap | 58,329,804 1.27% | 57,596,235 28.24% | 44,914,491 34.73% | |||||||
EV | (143,075,187) | (88,662,154) | (97,957,051) | |||||||
EBITDA | (852,518) | 14,814,001 | 14,615,185 | |||||||
EV/EBITDA | 167.83 | |||||||||
Interest | 11,618,055 | 5,120,855 | 2,973,928 | |||||||
Interest/NOPBT | 42.32% | 24.83% |