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Chang Hwa Commercial Bank Ltd

Chang Hwa Commercial Bank Ltd

2801 · TW · Financial Services / Banks - Regional

29.00TWD+0.60 (+2.11%)

Price History

Full chart

Market Stats

Previous Close28.40
Open28.35
Day Range28.10 – 29.10
52-Week Range18.64 – 29.75
Volume17.42M
Market Cap330.45B
P/E (TTM)17.68
Forward P/E13.72
EPS1.55
Dividend Yield2.90%
Beta0.23
50-Day Avg25.54
200-Day Avg21.96

About

Chang Hwa Commercial Bank, Ltd., together with its subsidiaries, provides commercial banking products and services in Taiwan and internationally. The company offers deposit products, including checking, demand, time, omnibus, and savings deposits, as well as foreign services, including currency deposit, negotiable certificates of deposit; remittances; and credit and debit cards. It also provides insurance products and syndicated loans, as well as short-term, mid-term, and long-term loans. In addition, the company offers foreign exchange, funds, and wealth management services; trust and international banking services; internet, telephone, and mobile banking services; and securities underwriting, financing, and brokerage services. Further, it invests in government, financial, and corporate bonds. The company was founded in 1905 and is headquartered in Taipei, Taiwan.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Chih-Kuang Chien
  • Employees0
  • HeadquartersNo. 57, Zhongshan N Rd, Taipei, Taiwan, 10412, Taiwan
  • Websitehttps://www.bankchb.com

Leadership

  • Mr. Chih-Kuang ChienMD, President & Director
  • Mr. Kuei-Mei HsuSenior VP & Head of Operations Division
  • Ms. Chin-Shiang DingVP, Dep Division Head of Financial Management Division, Accounting Officer & Corporate Gov Offr
  • Ms. Louisa LiuHead of Finance Section
  • Ms. Hsueh-Ni HsiehChief Compliance Officer, Executive VP, Head of Secretariat Division & Company Secretary
  • Ms. Yu-Hsueh LiuSenior VP & Head of Human Resources Division
  • Ms. Jui-Chun WuSenior VP & Head Loan Asset Management Division
  • Ms. Nell H. TsengSenior VP & Head of Internal Auditing Division
  • Ms. Hsiu-Hsia TsaiSenior VP & Head of Digital Banking Division
  • Ms. Hsiu-Luan HsiehSenior VP & Head of Credit Management Division

Financials

Income Statement

Currency: TWD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue42.03B50.51B48.11B42.62B29.19B29.88B33.04B39.49B34.03B48.75B54.74B57.11B56.72B62.80B60.78B38.00B35.72B51.23B81.37B95.45B98.47B
Growth (%)-+20.17%-4.75%-11.43%-31.50%+2.37%+10.56%+19.50%-13.81%+43.26%+12.28%+4.32%-0.68%+10.73%-3.22%-37.48%-5.99%+43.40%+58.84%+17.30%+3.16%
Cost of Revenue-20.56B23.39B21.56B10.30B8.01B10.06B10.25B10.25B12.53B12.47B11.53B12.43B15.60B16.72B10.68B7.03B16.97B42.61B53.50B53.87B
Gross Profit-29.95B24.73B21.06B18.90B21.88B22.98B29.23B23.78B36.22B42.27B45.57B44.28B47.20B44.06B27.33B28.70B34.26B38.76B41.95B44.60B
Gross Margin-59.29%51.39%49.42%64.73%73.20%69.55%74.04%69.89%74.30%77.22%79.80%78.08%75.16%72.50%71.91%80.33%66.88%47.63%43.95%45.29%
Operating Expense-15.61B12.47B13.96B13.14B10.78B12.36B18.99B13.04B23.80B28.53B31.49B30.10B32.49B30.54B19.02B18.58B21.21B22.52B23.60B23.48B
Operating Income-14.34B12.26B7.10B5.75B11.10B10.63B10.24B10.75B12.42B13.75B14.08B14.18B14.71B13.52B8.31B10.12B13.05B16.24B18.35B21.12B
Operating Margin-28.39%25.48%16.66%19.71%37.14%32.16%25.94%31.58%25.48%25.11%24.66%25.01%23.42%22.24%21.87%28.33%25.48%19.95%19.23%21.45%
EBITDA-15.09B13.12B8.01B6.69B12.02B11.43B10.98B11.42B13.14B14.45B14.80B14.90B15.43B14.96B9.71B11.54B14.62B17.89B19.97B22.43B
EBITDA Margin-29.87%27.27%18.78%22.93%40.21%34.58%27.82%33.54%26.95%26.39%25.92%26.28%24.56%24.61%25.56%32.31%28.54%21.98%20.92%22.78%
Net Income-11.38B8.48B4.85B3.09B7.83B9.04B8.45B8.82B10.90B11.64B12.09B12.09B12.65B11.57B7.04B8.80B10.97B12.98B14.95B17.77B
Net Income Margin-22.52%17.63%11.39%10.58%26.19%27.37%21.39%25.91%22.35%21.27%21.16%21.32%20.14%19.04%18.53%24.64%21.42%15.95%15.66%18.05%
Interest Expense020.56B23.39B21.56B10.30B8.01B10.06B10.25B10.25B12.53B12.47B11.53B12.43B15.60B16.72B10.68B7.03B16.97B42.61B53.50B50.85B
Interest Expense % of Total Revenue0.00%40.71%48.61%50.58%35.27%26.80%30.45%25.96%30.11%25.70%22.78%20.20%21.92%24.84%27.50%28.09%19.67%33.12%52.37%56.05%51.64%

Balance Sheet

Currency: TWD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.36T1.36T1.31T1.40T1.48T1.50T1.59T1.61T1.70T1.82T1.91T2.01T2.04T2.08T2.14T2.31T2.55T2.68T2.90T3.17T3.38T
Total Liabilities1.28T1.27T1.23T1.32T1.39T1.42T1.50T1.51T1.59T1.70T1.78T1.87T1.89T1.93T1.97T2.15T2.38T2.52T2.71T2.97T3.16T
Total Equity76.40B82.18B81.81B80.61B81.02B86.58B97.32B104.90B112.40B119.24B129.47B137.52B144.95B156.56B162.24B165.05B171.45B169.03B188.00B201.40B220.33B
Cash64.84B160.49B137.90B114.44B117.34B122.52B108.47B94.40B107.40B106.39B90.58B117.42B142.04B120.62B96.01B113.41B137.92B148.91B167.92B192.13B177.82B
Total Debt-36.23B38.20B53.25B71.84B76.88B39.74B39.50B43.32B48.78B36.01B33.79B44.78B53.26B60.44B64.02B53.63B53.61B175.30B43.87B44.93B
Net Debt--124.27B-99.70B-61.19B-45.50B-45.64B-68.73B-54.89B-64.07B-57.61B-54.57B-83.63B-97.26B-67.35B-35.58B-49.39B-84.30B-95.30B7.39B-148.27B-132.89B

Cash Flow

Currency: TWD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow28.83B9.76B7.42B10.12B3.88B16.44B24.17B-42.69B2.80B60.41B44.14B31.21B-3.46B-47.08B24.89B52.56B-37.50B-30.55B-43.50B-32.95B
Investing Cash Flow-41.77B11.76B-88.79B-89.31B-12.11B-68.09B-439.87M28.42M-1.07B-676.59M-412.25M-608.82M-1.43B-1.03B-851.87M-728.12M-1.51B-1.03B-1.31B-1.46B
Financing Cash Flow-1.09B-39.76B81.19B80.60B15.32B70.71B-13.78B31.61B6.59B-23.25B6.44B-24.37B11.05B5.56B16.62B-32.26B-53.25B62.09B-13.60B68.56B
Capital Expenditure905.48M851.51M644.14M407.42M495.06M547.48M430.92M488.86M1.07B675.62M411.17M612.72M1.43B1.03B868.50M728.03M1.51B1.03B1.30B1.72B
Free Cash Flow27.93B8.91B6.78B9.71B3.38B15.89B23.74B-43.17B1.73B59.73B43.72B30.59B-4.88B-48.11B24.02B51.83B-39.00B-31.58B-44.81B-34.66B
Dividends Paid-7.31B6.01B3.73B1.86B1.74B1.35B724.21M4.65B1.58B2.96B3.77B4.24B6.27B3.99B3.74B5.24B5.83B5.97B5.60B
FCF to OCF96.86%91.27%91.32%95.97%87.23%96.67%98.22%101.15%61.90%98.88%99.07%98.04%141.28%102.19%96.51%98.61%104.02%103.38%102.99%105.21%
Dividend Paid to FCF-82.07%88.67%38.35%55.09%10.94%5.70%-1.68%268.04%2.65%6.77%12.31%-86.75%-13.02%16.63%7.21%-13.45%-18.45%-13.33%-16.16%

Earnings

Report DateJul 6, 2007Oct 9, 2007Apr 24, 2008Apr 28, 2010Jul 15, 2010Oct 15, 2010Mar 2, 2011Apr 29, 2011Aug 31, 2011Oct 31, 2011Feb 29, 2012Apr 30, 2012Aug 29, 2012Oct 31, 2012Feb 27, 2013May 15, 2013Aug 30, 2013Nov 1, 2013Mar 28, 2014May 2, 2014Aug 29, 2014Oct 31, 2014Jan 9, 2015Apr 8, 2015Jul 7, 2015Oct 6, 2015Feb 26, 2016May 13, 2016Jul 10, 2016Nov 9, 2016Feb 23, 2017Apr 10, 2017Aug 27, 2017Nov 14, 2017Feb 27, 2018May 15, 2018Sep 1, 2018Nov 14, 2018Feb 26, 2019May 15, 2019Aug 30, 2019Nov 14, 2019Feb 26, 2020May 14, 2020Sep 1, 2020Nov 12, 2020Feb 25, 2021May 14, 2021Sep 1, 2021Nov 11, 2021Feb 22, 2022Jun 29, 2022Aug 31, 2022Nov 10, 2022Feb 23, 2023May 11, 2023
EPS Estimate0.310.310.17-0.060.33-0.37-0.21-0.20--------------0.180.260.340.250.190.310.250.270.230.250.290.270.210.250.27-0.200.25-0.170.230.15--------
EPS Actual0.280.180.140.170.060.160.310.280.320.170.120.190.240.240.090.220.220.210.160.280.260.290.160.270.290.310.200.280.270.270.230.290.260.280.230.280.290.280.220.260.240.290.210.210.160.120.140.160.210.250.190.230.280.300.230.32
Surprise-9.68%-41.94%-17.65%-0.00%-51.52%--24.32%--19.05%--5.00%--------------11.11%7.69%-20.59%8.00%21.05%-6.45%4.00%3.70%0.00%12.00%0.00%3.70%4.76%4.00%-11.11%-5.00%-16.00%--29.41%-39.13%6.67%--------
TimingPre-marketPre-marketAfter-hours-After-hoursAfter-hours-After-hours-Pre-market-Pre-market----------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hours

Key Statistics & Ratios

Market Cap330.45B
Enterprise Value366.07B
Trailing P/E17.68
Forward P/E13.72
PEG Ratio2.88
Price / Sales7.28
Price / Book1.49
EPS1.55
Book Value19.05
Revenue (TTM)45.39B
Gross Profit (TTM)45.39B
Profit Margin43.97%
Operating Margin54.62%
Return on Equity9.25%
Return on Assets0.58%
Shares Outstanding12.06B
Shares Float8.29B
Beta0.23
Dividend Yield2.90%
Dividend Rate0.80
Payout Ratio31.45%

Dividends

20261×
0.80Aug 5, 2026
20251×
0.49Jul 31, 2025
20241×
0.51Aug 15, 2024
20231×
0.50Aug 10, 2023
20221×
0.44Aug 11, 2022
20211×
0.31Aug 31, 2021
20201×
0.34Aug 11, 2020
20191×
0.53Aug 6, 2019
20181×
0.37Sep 4, 2018
20171×
0.31Aug 9, 2017
20161×
0.23Aug 10, 2016
20151×
0.13Aug 12, 2015
20141×
0.38Aug 6, 2014
20131×
0.06Aug 22, 2013
20121×
0.11Aug 16, 2012
20111×
0.14Jul 28, 2011
20101×
0.15Jul 15, 2010
20091×
0.31Jul 23, 2009
20081×
0.46Jul 17, 2008
20071×
0.51Jul 19, 2007
20051×
0.15Jul 12, 2005
20021×
0.10Jul 25, 2002
20011×
0.15Jul 18, 2001
20001×
0.45Jun 23, 2000

Stock Splits

  • Aug 5, 20261025:1000
  • Jul 31, 20251050:1000
  • Aug 15, 20241032:1000
  • Aug 10, 20231025:1000
  • Aug 11, 20221010:1000
  • Aug 31, 20211010:1000
  • Aug 11, 20201040:1000
  • Aug 6, 20191020:1000
  • Sep 4, 20181040:1000
  • Aug 9, 20171050:1000
  • Aug 10, 20161060:1000
  • Aug 12, 20151070:1000
  • Aug 6, 20141020:1000
  • Aug 22, 20131.07:1
  • Aug 16, 20121.07:1
  • Jul 28, 20111.09:1
  • Jul 25, 2002102:100
  • Jul 18, 2001103:100
  • Aug 4, 2000110:100