YOLFTbeta
28

China Bills Finance Corp

2820 · TW · Financial Services / Capital Markets

16.50TWD+0.15 (+0.92%)

Price History

Full chart

Market Stats

Previous Close16.35
Open16.35
Day Range16.35 – 16.65
52-Week Range16.05 – 18.05
Volume1.78M
Market Cap22.49B
P/E (TTM)11.02
Forward P/E0.01
EPS1.52
Dividend Yield5.34%
Beta0.17
50-Day Avg16.73
200-Day Avg16.87

About

China Bills Finance Corporation provides various financial services in Taiwan. The company engages in the certification and underwriting of short-term bills and bank debentures; brokerage and trading of short-term bills, bank debentures, government and corporate bonds, and foreign bonds; guaranteeing short-term bills; and provision of financial consulting services to enterprises. It is also involved in the processing interbank call loans; equity investments; fixed income securities trading; and foreign-currency bills investment businesses. The company was founded in 1978 and is headquartered in Taipei City, Taiwan.

Company Details

  • SectorFinancial Services
  • IndustryCapital Markets
  • CEOMr. Cheng-Hsiang Wei
  • Employees168
  • HeadquartersNo.99, Tiding Blvd., Taipei, Taiwan, 114, Taiwan
  • Websitehttps://www.cbf.com.tw

Leadership

  • Mr. Cheng-Hsiang WeiChief Information Security Officer, President & Manager · b. 1960
  • Ms. Ya-Ling YangVP of Fixed Income Product Department, Financial Officer & Head of Equity Products Department
  • Ms. Ju-Ching LinManager of the Operation Department
  • Ms. Yu-Yi FangAccounting Supervisor
  • Mr. Gwo-Cheng TuSenior EVP, Head of Corporate Banking & Finance Dept. and Chief Internal Auditor
  • Mr. Yong-Chih WangVice President of the Head Office & Supervising the Corporate Finance Department
  • Mr. Li-Fan LiuAssistant Vice President of Administration Department & Spokesperson
  • Mr. Li-Min OuAssistant Vice President of Legal & Compliance Department
  • Mr. Yi-Chang KanVice President of Risk Management Department & Corporate Governance Officer
  • Mr. Hung-Ta ChouVice President of Information Technology Department

Financials

Income Statement

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
Total Revenue4.95B4.75B4.80B3.50B2.38B2.22B2.53B2.66B2.82B3.13B3.03B2.91B2.93B3.19B3.29B3.30B2.83B4.91B6.10B6.96B
Growth (%)--3.92%+1.00%-27.09%-32.13%-6.76%+14.06%+5.19%+6.09%+11.07%-3.29%-4.08%+0.90%+8.80%+3.12%+0.30%-14.36%+73.67%+24.27%+14.13%
Cost of Revenue2.94B3.22B2.70B430.27M453.87M851.95M1.11B1.06B947.19M901.16M683.46M821.15M948.42M1.15B781.13M460.68M1.21B2.89B3.85B68.90M
Gross Profit2.01B1.54B2.10B3.07B1.92B1.36B1.41B1.60B1.87B2.23B2.35B2.08B1.98B2.04B2.51B2.84B1.62B2.02B2.24B6.89B
Gross Margin40.52%32.29%43.68%87.71%80.90%61.55%55.88%60.25%66.41%71.23%77.44%71.74%67.65%63.81%76.26%86.04%57.27%41.12%36.80%99.01%
Operating Expense1.64B351.51M814.87M1.14B21.18M-3.11B-110.14M-82.28M214.77M313.82M345.86M458.50M353.35M482.21M516.97M506.95M417.01M495.19M591.25M682.99M
Operating Income367.55M1.18B1.28B1.94B1.90B4.47B1.52B1.68B1.66B1.92B2.00B1.63B1.63B1.55B1.99B2.33B1.20B1.52B1.65B6.21B
Operating Margin7.43%24.89%26.71%55.27%80.01%201.80%60.24%63.34%58.80%61.21%66.02%55.96%55.60%48.70%60.54%70.67%42.51%31.02%27.11%89.20%
EBITDA386.35M1.20B1.30B1.95B1.92B4.48B1.53B1.69B1.67B1.93B2.01B1.63B1.64B1.58B2.01B2.34B1.23B1.55B1.68B6.24B
EBITDA Margin7.81%25.26%27.10%55.81%80.82%202.40%60.66%63.73%59.24%61.59%66.35%56.26%55.89%49.46%60.95%71.06%43.39%31.54%27.53%89.63%
Net Income-408.70M984.72M1.15B1.65B1.55B4.24B1.16B1.40B1.39B1.61B1.63B1.35B1.34B1.24B1.58B1.86B1.04B1.29B1.37B1.80B
Net Income Margin-8.26%20.71%23.95%47.14%65.44%191.59%45.97%52.70%49.12%51.39%53.92%46.49%45.55%39.02%47.97%56.30%36.81%26.26%22.54%25.81%
R&D----------0.650.550.550.490.60.690.410.31--
R&D as % of Total Revenue----------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense2.94B3.22B2.70B430.27M453.87M851.95M1.11B1.06B947.19M901.16M683.46M821.15M948.42M1.15B781.13M460.68M1.21B2.89B3.85B3.96B
Interest Expense % of Total Revenue59.48%67.71%56.32%12.29%19.10%38.45%44.12%39.75%33.59%28.77%22.56%28.26%32.35%36.19%23.74%13.96%42.73%58.88%63.20%56.85%

Balance Sheet

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
Total Assets209.43B174.58B162.24B155.02B160.10B172.87B174.66B188.34B169.92B207.58B203.34B220.41B199.53B197.54B218.28B228.73B207.66B222.36B252.73B265.12B
Total Liabilities190.64B155.65B140.92B133.39B141.59B151.22B153.87B167.39B148.45B185.20B180.90B197.39B176.23B173.68B192.83B203.18B185.68B197.42B227.50B237.29B
Total Equity18.79B18.93B21.32B21.63B18.51B21.65B20.79B20.95B21.47B22.39B22.44B23.02B23.30B23.86B25.45B25.56B21.98B24.93B25.22B27.83B
Cash3.35B2.66B616.21M1.59B1.21B237.62M463.34M368.40M292.42M294.20M1.36B307.50M261.83M244.73M264.72M554.60M557.56M267.74M877.60M368.64M
Total Debt---------182.25B9.05M9.14M499.88M4.77M4.50B4.50B32.62M17.34M2.89M234.30B
Net Debt-3.35B-2.66B-616.21M-1.59B-1.21B-237.62M-463.34M-368.40M-292.42M-294.20M-1.36B-307.50M238.05M-239.96M4.24B3.95B-524.94M-250.40M-874.72M233.93B

Cash Flow

Currency: TWD2003-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow---3.82B-3.34B-4.13B306.47M4.38B-4.80B1.23B-3.38B2.84B2.47B-3.98B-1.96B-5.00B13.62B4.86B-1.54B3.32B-5.99B-1.58B2.10B
Investing Cash Flow--3.98B-201.21M4.89B-192.50M371.44M4.67B-72.14M1.49M1.59M-274.13M-156.98M-1.78B-3.71M-14.37M-5.10M41.74M-6.68M-12.49M-19.77M-10.40B
Financing Cash Flow---2.13B1.76B-647.90M-473.66M-4.75B112.20M-694.44M3.29B-2.92B-2.20B5.20B2.69B4.95B-13.62B-4.83B1.78B-3.31B5.71B2.21B7.80B
Capital Expenditure002.27M15.32M2.56M3.28M7.15M12.78M5.32M7.35M6.19M3.03M7.25M4.55M2.00M10.12M7.62M6.27M1.71M5.83M19.78M8.14M
Free Cash Flow---3.82B-3.36B-4.13B303.19M4.38B-4.82B1.22B-3.39B2.84B2.47B-3.99B-1.96B-5.00B13.61B4.85B-1.54B3.32B-5.99B-1.60B2.09B
Dividends Paid--1.48B--1.49B1.15B1.09B2.01B1.07B940.07M966.93M1.11B1.13B953.50M1.06B966.93M1.17B1.21B671.48M980.36M1.05B
FCF to OCF--100.06%100.46%100.06%98.93%99.84%100.27%99.57%100.22%99.78%99.88%100.18%100.23%100.04%99.93%99.84%100.41%99.95%100.10%101.26%99.61%
Dividend Paid to FCF---38.68%--492.78%26.40%-22.59%165.12%-31.70%33.14%39.15%-27.97%-57.57%-19.08%7.80%19.94%-75.73%36.39%-11.21%-61.43%50.11%

Earnings

Report DateApr 27, 2009Aug 19, 2009Apr 24, 2012Aug 29, 2012Oct 19, 2012Feb 27, 2013May 29, 2013Aug 28, 2013Oct 30, 2013Mar 20, 2014May 28, 2014Aug 13, 2014Oct 30, 2014Feb 25, 2015Apr 30, 2015Sep 2, 2015Dec 2, 2015Mar 2, 2016May 4, 2016Aug 18, 2016Nov 1, 2016Feb 24, 2017May 5, 2017Aug 21, 2017Oct 30, 2017Feb 27, 2018May 30, 2018Aug 16, 2018Oct 29, 2018Feb 28, 2019May 3, 2019Aug 15, 2019Oct 29, 2019Feb 26, 2020May 1, 2020Aug 20, 2020Oct 26, 2020Mar 1, 2021Apr 29, 2021Aug 17, 2021Oct 26, 2021Feb 24, 2022Apr 28, 2022Aug 16, 2022Nov 11, 2022Feb 27, 2023Apr 27, 2023
EPS Estimate0.540.490.15-0.300.14--0.130.13-0.190.200.200.20--------------------------------
EPS Actual0.510.360.140.410.160.080.550.170.170.150.290.230.290.220.280.310.300.310.350.370.270.230.230.260.270.240.250.290.240.210.230.240.240.220.270.280.340.290.390.340.340.310.320.130.240.090.38
Surprise-5.56%-26.53%-6.67%--46.67%-42.86%--30.77%15.38%-21.05%45.00%12.82%40.00%--------------------------------
TimingPre-marketPre-marketAfter-hours-Pre-marketPre-market--Pre-marketPre-market-Pre-marketPre-market-Pre-market---After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours---Pre-market-----------Pre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap22.49B
Enterprise Value12.34B
Trailing P/E11.02
Forward P/E0.01
PEG Ratio0.00
Price / Sales6.44
Price / Book0.83
EPS1.52
Book Value20.76
Revenue (TTM)3.49B
Gross Profit (TTM)3.49B
Profit Margin64.86%
Operating Margin82.42%
Return on Equity8.42%
Return on Assets0.85%
Shares Outstanding1.34B
Shares Float870.14M
Beta0.17
Dividend Yield5.34%
Dividend Rate0.90
Payout Ratio51.32%

Dividends

20231×
0.50Jul 5, 2023
20221×
0.90Jul 4, 2022
20211×
0.87Aug 3, 2021
20201×
0.72Jul 6, 2020
20191×
0.79Jul 3, 2019
20181×
0.71Jul 4, 2018
20171×
0.84Jun 28, 2017
20161×
0.83Jun 29, 2016
20151×
0.72Jul 2, 2015
20141×
0.70Jun 10, 2014
20131×
0.80Jun 10, 2013
20121×
1.50Jul 5, 2012
20111×
0.81Jul 1, 2011
20102×
0.86Jul 29, 20102.00Mar 18, 2010
20091×
1.11Jul 30, 2009
20061×
1.10Jul 6, 2006
20051×
1.31Jul 7, 2005
20041×
1.29Jul 8, 2004
20011×
0.71Jun 12, 2001
20001×
0.72Jun 8, 2000

Stock Splits

  • Mar 18, 20104:5
  • Aug 8, 200026:25
  • Oct 12, 199957:50
  • Jul 7, 1998797:691
  • Aug 6, 19972107:1716
  • Jul 19, 19961349:1238