XTAI2883
Market cap8.90bUSD
Dec 20, Last price
17.25TWD
1D
-1.43%
1Q
4.86%
Jan 2017
114.02%
Name
China Development Financial Holding Corp
Chart & Performance
Profile
China Development Financial Holding Corporation provides life insurance, commercial banking, securities, venture capital, and private equity services in Taiwan and internationally. The company accepts various deposits, including time, savings, demand, checking, and certificates of deposit; and offers various loans, such as working capital loans, structured and project financing, domestic and international joint loans, consumer and mortgage loans, personal housing loans, credit loans, and cash cards, as well as credit cards and supply chain payment services. It also offers corporate, consumer, and digital banking services; provides foreign exchange, cash management, and trade finance; and offers mutual funds, bonds, stocks, and trust services. In addition, the company provides financial consulting, wealth management, leasing, futures and options investment, and settlement services; and life/property insurance brokerage services. Further, it offers underwriting, financial transactions, and financial investments services, as well as engages in the sale of financial products. Additionally, the company offers cash and derivative financial products including currency, foreign exchange, interest rate, commodity, and equity markets; and life insurance products, such as individual traditional life, individual injury, individual health, group insurance, annuities, and investment-linked insurance products. China Development Financial Holding Corporation was founded in 1959 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 | 52,969,658 -45.88% | 97,875,712 -46.69% | 183,586,806 -18.39% | |||||||
Cost of revenue | 11,253,945 | 8,661,235 | 9,128,965 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 41,715,713 | 89,214,477 | 174,457,841 | |||||||
NOPBT Margin | 78.75% | 91.15% | 95.03% | |||||||
Operating Taxes | 1,628,763 | 5,551,678 | 5,100,224 | |||||||
Tax Rate | 3.90% | 6.22% | 2.92% | |||||||
NOPAT | 40,086,950 | 83,662,799 | 169,357,617 | |||||||
Net income | 18,942,700 15.75% | 16,365,629 -65.25% | 47,099,475 127.79% | |||||||
Dividends | (16,851,631) | (8,244,420) | ||||||||
Dividend yield | 7.97% | 3.14% | ||||||||
Proceeds from repurchase of equity | 3,765,786 | |||||||||
BB yield | -1.44% | |||||||||
Debt | ||||||||||
Debt current | 161,068,176 | 160,019,932 | ||||||||
Long-term debt | 3,308,794 | 148,437,594 | 144,441,508 | |||||||
Deferred revenue | (13,904,031) | 131,660,477 | ||||||||
Other long-term liabilities | 2,771,556,493 | (53,978,030) | (140,668,101) | |||||||
Net debt | (2,771,164,054) | (2,427,255,757) | (2,369,955,976) | |||||||
Cash flow | ||||||||||
Cash from operating activities | (59,716,436) | 60,166,247 | 65,484,306 | |||||||
CAPEX | (1,110,154) | (1,730,261) | (1,872,123) | |||||||
Cash from investing activities | (4,067,190) | (76,802,464) | (7,291,828) | |||||||
Cash from financing activities | 14,857,100 | (13,716,718) | (12,016,053) | |||||||
FCF | 442,326,843 | 89,863,273 | 204,211,861 | |||||||
Balance | ||||||||||
Cash | 102,547,253 | 186,940,931 | 216,777,094 | |||||||
Long term investments | 2,671,925,595 | 2,549,820,596 | 2,457,640,322 | |||||||
Excess cash | 2,771,824,365 | 2,731,867,741 | 2,665,238,076 | |||||||
Stockholders' equity | 229,356,034 | 175,610,989 | 266,488,667 | |||||||
Invested Capital | 2,942,281,550 | 3,417,429,956 | 3,236,524,428 | |||||||
ROIC | 1.26% | 2.51% | 5.29% | |||||||
ROCE | 1.32% | 2.47% | 4.97% | |||||||
EV | ||||||||||
Common stock shares outstanding | 16,800,557 | 16,781,923 | 14,979,770 | |||||||
Price | 12.55 -0.40% | 12.60 -28.00% | 17.50 88.17% | |||||||
Market cap | 210,846,990 -0.29% | 211,452,230 -19.34% | 262,145,975 92.76% | |||||||
EV | (2,544,363,638) | (2,199,860,000) | (2,088,549,151) | |||||||
EBITDA | 46,139,992 | 93,286,416 | 178,091,853 | |||||||
EV/EBITDA | ||||||||||
Interest | 23,521,096 | 9,386,699 | 3,572,965 | |||||||
Interest/NOPBT | 56.38% | 10.52% | 2.05% |