Cathay Real Estate Development Co Ltd

2501 · TW · Real Estate / Real Estate - Development

20.60TWD+0.20 (+0.98%)

Price History

Full chart

Market Stats

Previous Close20.40

Open20.45

Day Range20.30 – 20.75

52-Week Range20.80 – 28.40

Volume820.68K

Market Cap24.18B

P/E (TTM)7.26

Forward P/E13.83

EPS2.87

Dividend Yield5.70%

Beta0.18

50-Day Avg22.21

200-Day Avg23.05

About

Cathay Real Estate Development Co., Ltd., together with its subsidiaries, engages in the real estate development business in Taiwan and internationally. It operates in two segments, Investment and Development of Real Estate, and Construction. The company constructs residential and commercial buildings for rental and sale. It is also involved in healthcare management and related services; real estate management; hotel brand development, construction, and operation; building rental; turnkey contracting and construction management for various construction projects, including luxury residences, office buildings, shopping malls, hotels, and hospitals; and property management, such as cleaning services, parking lot, property management consultant, facility maintenance, and interior design and remodeling. The company was founded in 1964 and is headquartered in Taipei, Taiwan.

Company Details

SectorReal Estate
IndustryReal Estate - Development
CEOMr. Hung-Ming Lee
Employees0
HeadquartersNo. 218, Dunhua South Road, Taipei, Taiwan, 106, Taiwan
Websitehttps://www.cathay-red.com.tw

Leadership

Mr. Hung-Ming LeeChief Sustainability Officer, President & Director
Yi Jun ZhangAccounting Supervisor
Li-Chi LiaoSenior VP & Chief Information
Mr. Chin-Liang LinExecutive VP & Director
Mr. Daniel TungSenior Executive VP
Mr. Chung-Yan TsaiSenior Executive VP & Director
Mr. Po-Shan YangChief Auditing Officer of Auditing Office

Financials

Income Statement

Currency: TWD	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: TWD	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	3.66B	1.85B	1.27B	4.67B	6.85B	4.10B	5.18B	4.41B	7.48B	8.04B	8.14B	9.89B	9.85B	18.70B	12.27B	14.29B	11.62B	13.97B	12.48B	16.79B	15.48B	23.86B	24.29B
Growth (%)	-	-49.43%	-31.23%	+266.73%	+46.55%	-40.09%	+26.20%	-14.71%	+69.38%	+7.49%	+1.30%	+21.51%	-0.45%	+89.84%	-34.37%	+16.50%	-18.68%	+20.21%	-10.72%	+34.59%	-7.81%	+54.12%	+1.80%
Cost of Revenue	3.37B	1.51B	889.41M	3.17B	5.32B	3.07B	4.15B	2.94B	3.82B	5.38B	5.55B	5.57B	6.37B	14.19B	9.68B	10.58B	8.46B	10.81B	9.76B	13.01B	11.12B	18.73B	17.55B
Gross Profit	-	-	-	1.50B	1.53B	1.03B	1.03B	1.48B	3.66B	2.65B	2.59B	4.32B	3.48B	4.51B	2.59B	3.72B	3.16B	3.16B	2.72B	3.78B	4.36B	5.13B	6.74B
Gross Margin	-	-	-	32.07%	22.32%	25.21%	19.84%	33.46%	48.95%	32.99%	31.82%	43.69%	35.34%	24.12%	21.08%	26.01%	27.21%	22.61%	21.81%	22.51%	28.17%	21.50%	27.76%
Operating Expense	-	-	-	639.18M	930.05M	677.80M	422.26M	504.90M	673.64M	1.01B	1.11B	1.32B	1.08B	1.11B	1.25B	-929.06M	1.45B	1.25B	1.54B	1.69B	1.79B	2.69B	2.60B
Operating Income	-	-	-	858.85M	597.94M	355.91M	604.58M	972.13M	2.99B	1.64B	1.48B	3.00B	2.40B	3.40B	1.34B	4.65B	1.71B	1.90B	1.18B	2.09B	2.57B	2.44B	4.14B
Operating Margin	-	-	-	18.39%	8.74%	8.68%	11.68%	22.02%	39.94%	20.45%	18.16%	30.31%	24.32%	18.20%	10.94%	32.51%	14.73%	13.63%	9.46%	12.45%	16.62%	10.24%	17.06%
EBITDA	-	-	-	1.15B	1.21B	568.34M	871.68M	1.18B	3.34B	1.95B	2.09B	3.73B	3.02B	4.07B	1.98B	5.08B	2.48B	2.81B	2.20B	3.30B	3.62B	3.70B	5.28B
EBITDA Margin	-	-	-	24.67%	17.65%	13.86%	16.84%	26.69%	44.71%	24.30%	25.72%	37.73%	30.70%	21.79%	16.12%	35.54%	21.34%	20.09%	17.62%	19.68%	23.37%	15.50%	21.75%
Net Income	281.36M	60.73M	183.37M	1.20B	891.42M	362.97M	563.06M	1.01B	3.10B	1.69B	1.69B	2.95B	2.33B	3.02B	1.44B	3.61B	1.37B	1.48B	847.54M	1.21B	2.16B	1.58B	3.28B
Net Income Margin	7.68%	3.28%	14.40%	25.69%	13.02%	8.85%	10.88%	22.79%	41.52%	20.99%	20.73%	29.85%	23.63%	16.14%	11.77%	25.25%	11.79%	10.62%	6.79%	7.19%	13.98%	6.61%	13.51%
Interest Expense	0	0	0	48.48M	85.08M	89.21M	25.44M	16.25M	15.27M	24.42M	103.46M	212.43M	183.22M	218.00M	245.37M	133.80M	141.33M	219.72M	250.97M	403.45M	444.98M	493.99M	450.01M
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	1.04%	1.24%	2.18%	0.49%	0.37%	0.20%	0.30%	1.27%	2.15%	1.86%	1.17%	2.00%	0.94%	1.22%	1.57%	2.01%	2.40%	2.87%	2.07%	1.85%

Balance Sheet

Currency: TWD	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: TWD	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	19.29B	19.36B	20.87B	29.39B	31.70B	28.96B	27.51B	30.26B	35.07B	43.65B	50.36B	57.14B	61.93B	55.43B	53.76B	48.77B	53.74B	59.50B	68.24B	80.09B	82.02B	89.41B	90.89B
Total Liabilities	482.69M	779.90M	2.15B	8.08B	11.26B	10.50B	7.27B	9.74B	13.36B	21.29B	25.97B	31.45B	35.87B	31.85B	30.54B	23.43B	29.25B	34.10B	41.90B	53.33B	53.49B	58.90B	58.01B
Total Equity	18.81B	18.58B	18.70B	21.30B	20.43B	18.44B	20.23B	20.50B	21.67B	21.84B	23.46B	24.79B	25.26B	22.98B	22.77B	25.07B	24.38B	24.46B	25.44B	24.60B	26.31B	28.26B	30.70B
Cash	4.12B	2.68B	1.14B	371.49M	149.62M	298.09M	474.16M	165.01M	790.61M	3.53B	4.63B	3.00B	3.50B	1.67B	1.23B	1.62B	2.12B	3.40B	3.94B	10.84B	5.07B	6.78B	6.30B
Total Debt	-	-	-	6.16B	8.83B	7.66B	4.57B	6.32B	7.79B	13.90B	15.76B	20.90B	25.48B	23.61B	24.22B	17.67B	23.92B	21.52B	33.69B	43.60B	42.08B	42.58B	38.53B
Net Debt	-	-	-	5.79B	8.68B	7.36B	4.10B	6.15B	7.00B	10.37B	11.13B	17.90B	21.99B	21.94B	22.99B	16.05B	21.79B	18.13B	29.75B	32.76B	37.01B	35.81B	32.22B

Cash Flow

Currency: TWD	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: TWD	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	6.32B	-	-	-89.34M	-1.84B	1.89B	2.77B	-1.30B	-403.27M	2.03B	3.23B	-2.98B	966.78M	6.34B	960.97M	2.53B	2.28B	1.80B	-3.69B	-539.34M	-2.77B	3.53B	5.31B
Investing Cash Flow	-	-	93.42M	-2.80B	389.98M	285.41M	532.84M	67.86M	404.39M	-4.34B	-2.79B	-1.80B	-2.96B	-966.30M	42.66M	1.96B	-395.88M	-1.33B	-364.13M	-1.00B	39.33M	367.58M	-518.21M
Financing Cash Flow	-	-	-	2.11B	1.22B	-2.03B	-3.13B	924.58M	624.47M	4.75B	673.87M	3.18B	2.55B	-7.29B	-1.57B	-4.12B	-1.35B	804.40M	4.59B	8.44B	-2.97B	-2.19B	-5.27B
Capital Expenditure	1.22B	323.58M	7.47M	111.61M	153.38M	97.81M	47.55M	53.46M	89.60M	4.25B	352.07M	376.49M	428.04M	164.53M	182.22M	884.86M	528.15M	974.78M	431.40M	1.41B	272.33M	252.39M	143.95M
Free Cash Flow	-	-	-	-200.95M	-1.99B	1.79B	2.72B	-1.36B	-492.86M	-2.22B	2.87B	-3.35B	538.73M	6.17B	778.75M	1.64B	1.76B	826.47M	-4.12B	-1.95B	-2.26B	3.27B	5.17B
Dividends Paid	15.34M	291.82M	6.63M	-	1.46B	828.10M	12.50M	829.26M	828.26M	1.66B	1.66B	1.66B	1.66B	0	1.74B	1.39B	2.44B	1.16B	1.16B	695.74M	579.78M	1.16B	1.15B
FCF to OCF	-	-	-	224.92%	108.35%	94.82%	98.28%	104.11%	122.22%	-109.40%	89.08%	112.64%	55.72%	97.40%	81.04%	65.02%	76.88%	45.88%	111.71%	361.96%	81.50%	92.84%	97.29%
Dividend Paid to FCF	-	-	-	-	-73.42%	46.21%	0.46%	-61.20%	-168.05%	-74.53%	57.65%	-49.39%	307.48%	0.00%	223.35%	84.61%	138.67%	140.30%	-28.17%	-35.64%	-25.65%	35.42%	22.28%

Earnings

Report Date	May 1, 2006	Aug 30, 2006	Feb 15, 2007	Oct 29, 2009	Apr 15, 2010	Oct 15, 2010	Apr 29, 2011	Aug 30, 2011	Apr 2, 2012	Aug 31, 2012	Oct 31, 2012	May 3, 2013	Aug 14, 2013	Nov 14, 2013	May 15, 2014	Aug 14, 2014	Nov 14, 2014	Mar 30, 2015	May 14, 2015	Aug 13, 2015	Nov 11, 2015	Mar 30, 2016	May 12, 2016	Aug 12, 2016	Nov 11, 2016	Mar 30, 2017	May 14, 2017	Aug 14, 2017	Nov 13, 2017	Mar 30, 2018	May 15, 2018	Aug 14, 2018	Nov 13, 2018	Mar 29, 2019	May 15, 2019	Aug 13, 2019	Nov 13, 2019	Feb 26, 2020	May 15, 2020	Aug 16, 2020	Nov 13, 2020	Mar 29, 2021	Apr 28, 2021	Aug 12, 2021	Nov 11, 2021	Mar 17, 2022	May 4, 2022	Aug 11, 2022	Nov 9, 2022	Mar 14, 2023	Apr 27, 2023	Nov 14, 2023	Mar 15, 2024	Mar 16, 2026	Apr 27, 2026	Aug 14, 2026
EPS Estimate	0.59	0.02	0.03	0.11	0.20	0.25	0.03	0.30	2.33	-	0.40	-	0.73	0.14	0.50	0.01	0.26	1.69	0.90	0.28	0.03	0.43	0.27	0.63	0.64	1.50	0.72	0.30	0.04	0.12	0.13	0.19	1.30	0.50	0.42	0.49	0.44	-	0.22	-	0.28	0.67	-	-	-	-	-	-	-	-	-	0.23	0.49	1.11	1.51	0.88
EPS Actual	0.80	0.17	-0.06	0.15	0.09	0.20	-0.04	0.17	2.34	0.70	0.20	0.31	0.81	0.21	-0.07	0.30	0.39	1.91	1.30	0.29	0.01	0.40	0.23	0.87	0.47	0.84	0.57	0.14	0.11	0.43	0.33	0.50	1.49	0.79	0.03	0.39	-0.02	0.78	-0.15	0.21	0.27	0.95	-0.01	-0.26	0.08	0.92	-0.19	-0.09	0.38	0.94	0.94	0.21	1.18	0.92	1.21	0.22
Surprise	35.59%	750.00%	-300.00%	36.36%	-55.00%	-20.00%	-233.33%	-43.33%	0.43%	-	-50.00%	-	10.96%	50.00%	-114.00%	2900.00%	50.00%	13.02%	44.44%	3.57%	-66.67%	-6.98%	-14.81%	38.10%	-26.56%	-44.00%	-20.83%	-53.33%	175.00%	258.33%	153.85%	163.16%	14.62%	58.00%	-92.86%	-20.41%	-104.55%	-	-168.18%	-	-3.57%	41.79%	-	-	-	-	-	-	-	-	-	-8.70%	140.82%	-17.12%	-19.87%	-75.00%
Timing	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	Pre-market	After-hours	After-hours	-	After-hours	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	After-hours	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	After-hours	After-hours	Pre-market	Pre-market	After-hours	After-hours	Pre-market	After-hours	Pre-market	-	Pre-market	After-hours	Pre-market	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap24.18B

Enterprise Value50.13B

Trailing P/E7.26

Forward P/E13.83

PEG Ratio0.73

Price / Sales0.88

Price / Book0.77

EPS2.87

Book Value27.67

Revenue (TTM)27.35B

Gross Profit (TTM)7.12B

EBITDA5.09B

Profit Margin12.18%

Operating Margin11.02%

Return on Equity11.18%

Return on Assets3.05%

Shares Outstanding1.16B

Shares Float913.15M

Beta0.18

Dividend Yield5.70%

Dividend Rate1.20

Payout Ratio34.80%

Dividends

20231×

0.50Jul 13, 2023

20221×

0.60Jul 14, 2022

20211×

1.00Aug 17, 2021

20201×

1.00Jul 15, 2020

20191×

2.10Jul 2, 2019

20181×

1.20Jun 28, 2018

20171×

1.50Jul 18, 2017

20161×

3.00Oct 13, 2016

20151×

1.43Jul 7, 2015

20141×

1.43Jul 8, 2014

20131×

1.43Jul 2, 2013

20121×

1.43Jul 3, 2012

20111×

0.71Jul 12, 2011

20101×

0.71Jul 8, 2010

20081×

0.71Jul 3, 2008

20071×

1.07Jul 10, 2007

20041×

0.24Jul 1, 2004

20011×

0.68Jun 13, 2001

20001×

0.68Jun 8, 2000

19991×

0.64Jun 8, 1999

19981×

1.23Jun 9, 1998

19971×

1.23Jul 3, 1997

19961×

1.16Jun 8, 1996

Stock Splits

Oct 13, 20167:10
Aug 5, 20031057:1000
Jul 2, 199921:20
Jul 4, 199821:20
Jul 3, 199753:50