O Bank Co Ltd

Chart & Performance

D1W1MN

P/E

10.94

P/S

3.15

EPS

0.89

Div Yield, %

4.27%

Shrs. gr., 5y

4.58%

Rev. gr., 5y

2.45%

Revenues

8.65b

+0.79%

Net income

2.49b

-50.49%

CFO

2.25b

-61.20%

Dividend

Jul 26, 20240.44124 TWD/sh

Earnings

Mar 13, 2025

Profile

O-Bank Co., Ltd. provides various banking services to corporate clients in Taiwan. It offers corporate banking services, including short- and long-term financing for working capitals, guarantees, syndications, and factoring, as well as general trade finance, cross-strait banking, and forfaiting services. The company also provides trade financing services, such as export and import financing services; and project finance and syndicated loan products. In addition, it offers factoring services comprising account receivable, credit facilities, account management, and collection services, as well as cash management services, which include corporate internet banking, and payable and receivable management services; and financial advisory services for mergers and acquisitions, corporate restructuring, spin off, share swap, tender offer, management buyout, leveraged buyout, fund raising, and private placement. Further, the company provides foreign exchange deposits; foreign currency guarantees; inward and outward remittance, as well as import and export services; interest rate products consisting of cross currency swaps, interest rate options, and interest rate swaps; exchange rate products, such as currency forward contract, currency options, and currency swaps; and structured products. Additionally, it offers securitization products, including real estate asset and asset backed securitization, and collateralized debt obligation services; monetary and property trust, as well as custodian services; financial consultancy services; and escrow services. The company was formerly known as Industrial Bank of Taiwan Co., Ltd. and changed its name to O-Bank Co., Ltd. in January 2017. O-Bank Co., Ltd. was founded in 1998 and is based in Taipei City, Taiwan.

URL

https://www.o-bank.com/

IPO date

Aug 23, 2004

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title TWD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title TWD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	8,648,842 0.79%	8,581,456 -4.66%	9,000,587 10.51%
Cost of revenue	7,852,197	1,343,215	1,193,593
Unusual Expense (Income)
NOPBT	796,645	7,238,241	7,806,994
NOPBT Margin	9.21%	84.35%	86.74%
Operating Taxes	602,681	808,871	1,034,348
Tax Rate	75.65%	11.17%	13.25%
NOPAT	193,964	6,429,370	6,772,646
Net income	2,492,420 -50.49%	5,034,471 57.10%	3,204,620 38.52%
Dividends	(1,165,040)	(946,645)	(672,954)
Dividend yield	3.85%	3.72%	2.78%
Proceeds from repurchase of equity	(144,684)	18,912
BB yield	0.48%	-0.07%
Debt
Debt current		206,763,002	223,987,581
Long-term debt	656,790	14,339,051	15,559,707
Deferred revenue		53,746	59,158
Other long-term liabilities	268,927,125	(11,441,849)	(889,668)
Net debt	(377,589,179)	(136,865,699)	(130,026,147)
Cash flow
Cash from operating activities	2,253,416	5,807,782	(1,526,908)
CAPEX	(180,013)	(179,102)	(132,386)
Cash from investing activities	(559,524)	(2,840,681)	167,725
Cash from financing activities	26,266,995	(3,834,605)	(96,794)
FCF	261,892,428	40,897,130	(6,450,287)
Balance
Cash	18,767,399	24,200,768	24,760,696
Long term investments	359,478,570	333,766,984	344,812,739
Excess cash	377,813,527	357,538,679	369,123,406
Stockholders' equity	51,520,269	54,014,716	55,200,298
Invested Capital	497,025,596	726,078,033	740,331,464
ROIC	0.03%	0.88%	0.92%
ROCE	0.15%	0.93%	0.98%
EV
Common stock shares outstanding	3,031,635	3,037,069	3,031,051
Price	9.98 18.95%	8.39 4.88%	8.00 15.44%
Market cap	30,255,717 18.74%	25,481,009 5.08%	24,248,408 26.11%
EV	(325,927,611)	(92,107,225)	(83,991,258)
EBITDA	1,365,748	7,861,450	8,448,129
EV/EBITDA
Interest	11,812,867	4,766,262	2,170,292
Interest/NOPBT	1,482.83%	65.85%	27.80%