Cathay Financial Holding Co. Ltd. Pfd. B

Cathay Financial Holding Co. Ltd. Pfd. B

2882B · TW · Financial Services / Insurance - Life

59.00TWD+0.20 (+0.34%)

Price History

Full chart

Market Stats

Previous Close58.80
Open58.80
Day Range58.80 – 59.00
52-Week Range58.40 – 61.20
Volume16.29K
Market Cap519.50B
P/E (TTM)6.85
Forward P/E0.00
EPS8.58
Dividend Yield3.88%
Beta0.68
50-Day Avg58.86
200-Day Avg59.95

About

Cathay Financial Holding Co., Ltd., through its subsidiaries, provides various financial products and services in Taiwan, rest of Asia, and internationally. The company offers consumer banking services, such as deposit and remittance services; and credit services, including secured and unsecured consumer loans, adjustable-rate mortgage, revolving mortgage, and government subsidized mortgage. It also provides corporate banking services, including corporate, sustainable, working capital, capital expenditure, and bill financing; financing for SMEs; loans for six core strategic industries; project lending; syndicated and structured loans; guarantee and acceptance services comprising tender and performance bond, prepayment, loan, promissory note, post-dated check, and medium/long term debt guarantee; trade financing solutions, such as import/export service, supply chain financing, and forfeiting and factoring; and cash management services. In addition, the company offers wealth management solutions; trust business solutions, such as mutual fund and foreign securities service, real estate escrow trust, joint construction trust, urban renewal trust, and real estate inheritance trust; personal trust services, including children's, retirement, insurance, foreign currency money, equity planning, capital contribution, share ownership, dividend transfer, inheritance, and charity trust; corporate trust services, such as employee welfare and escrow trust, and electronic payment service; custodian service for investment trust funds, discretionary investment accounts, foreigners' investments, private equity funds, and investment-linked insurance policies and securities. Further, it offers credit card services; merchant acquiring services; digital banking services through CUBE App and online banking services; and cross-border financial services. The company was founded in 1990 and is headquartered in Taipei, Taiwan.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Life
  • CEOMr. Chang-Ken Lee
  • Employees51.80K
  • HeadquartersNo. 296, Ren'ai Road, Taipei, Taiwan, 10633, Taiwan
  • Websitehttps://www.cathayholdings.com

Leadership

  • Mr. Chang-Ken LeeManager, President, Chief Sustainability Officer & Representative Director · b. 1959
  • Ms. Yen-Ju ChenCFO & Senior EVP · b. 1964
  • Mr. Jui-Hung HungAccounting Supervisor, Chief Accountant & Senior VP
  • Mr. Xu-Jie YaoSenior EVP & CTO
  • Mr. Jian-Hsing WuChief Information Officer & Senior EVP
  • Ms. Deh-Yen WengEVP, Chief Corporate Governance Officer and Head of Legal & Administration Div. · b. 1970
  • Mr. Shane SunDeputy Manager of IR Department
  • Ms. Yu-Mei LeeExecutive VP & Chief Compliance Officer
  • Mr. David Paul SunSenior EVP and Head of Strategic Communications & Marketing Div. · b. 1964
  • Ms. Shao-Ling WengEVP & Director of Human Resources Department

Financials

Income Statement

Currency: TWD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue583.29B474.07B553.51B643.86B621.86B379.89B265.23B360.93B418.30B
Growth (%)--18.72%+16.76%+16.32%-3.42%-38.91%-30.18%+36.08%+15.89%
Net Income56.31B51.47B62.76B74.58B139.51B37.36B50.93B110.27B107.14B
Net Income Margin9.65%10.86%11.34%11.58%22.44%9.83%19.20%30.55%25.61%
Interest Expense022.09B23.89B17.32B12.93B24.36B61.85B67.42B70.44B
Interest Expense % of Total Revenue0.00%4.66%4.32%2.69%2.08%6.41%23.32%18.68%16.84%

Balance Sheet

Currency: TWD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets8.84T9.22T10.07T10.95T11.59T12.07T12.81T13.77T14.34T
Total Liabilities8.23T8.70T9.28T10.05T10.68T11.46T12.01T12.86T13.41T
Total Equity599.07B519.73B771.75B893.06B902.04B598.84B788.05B888.69B928.29B
Cash370.52B310.80B524.35B666.22B702.18B678.34B657.60B636.92B790.69B

Cash Flow

Currency: TWD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow121.64B-86.53B170.85B196.19B72.52B-26.25B-59.25B-29.54B188.26B
Investing Cash Flow-3.61B-27.58B1.08B-15.17B-12.89B-52.83B---
Financing Cash Flow32.06B10.12B20.45B-25.66B-25.01B6.59B---
Capital Expenditure4.00B3.51B2.45B2.37B2.73B4.18B5.18B5.94B5.33B
Free Cash Flow117.23B-90.42B167.63B192.87B69.05B-31.18B-64.43B-35.48B182.93B
Dividends Paid25.54B33.31B21.51B29.73B36.31B49.48B16.59B32.74B54.94B
FCF to OCF96.37%104.50%98.12%98.31%95.23%118.75%108.74%120.10%97.17%
Dividend Paid to FCF21.79%-36.84%12.83%15.41%52.59%-158.71%-25.75%-92.28%30.03%

Key Statistics & Ratios

Market Cap519.50B
Enterprise Value364.33B
Trailing P/E6.85
Forward P/E0.00
Price / Sales0.64
Price / Book0.00
EPS8.58
Book Value75.57
Revenue (TTM)955.10B
Gross Profit (TTM)282.62B
EBITDA112.08B
Profit Margin25.53%
Operating Margin52.20%
Return on Equity25.45%
Return on Assets0.46%
Shares Outstanding12.50B
Shares Float9.29B
Beta0.68
Dividend Yield3.88%
Dividend Rate2.28
Payout Ratio0.00%

Dividends

20231×
2.13Jun 28, 2023
20221×
2.13Jul 4, 2022
20211×
2.13Jul 26, 2021
20201×
2.13Jul 1, 2020