China Bills Finance Corporation (TPE:2820)

China Bills Finance Statistics

Total Valuation

TPE:2820 has a market cap or net worth of TWD 22.29 billion.

Market Cap	22.29B
Enterprise Value	n/a

Important Dates

The next estimated earnings date is Friday, November 7, 2025.

Earnings Date	Nov 7, 2025
Ex-Dividend Date	Jun 30, 2025

Share Statistics

TPE:2820 has 1.34 billion shares outstanding. The number of shares has increased by 0.06% in one year.

Current Share Class	1.34B
Shares Outstanding	1.34B
Shares Change (YoY)	+0.06%
Shares Change (QoQ)	-0.08%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	22.92%
Float	870.28M

Valuation Ratios

The trailing PE ratio is 13.39.

PE Ratio	13.39
Forward PE	n/a
PS Ratio	8.59
PB Ratio	0.86
P/TBV Ratio	0.86
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.05, with a Debt / Equity ratio of 8.93.

Current Ratio	1.05
Quick Ratio	1.05
Debt / Equity	8.93
Debt / EBITDA	n/a
Debt / FCF	-79.51
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 6.62%.

Return on Equity (ROE)	6.62%
Return on Assets (ROA)	0.67%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	16.12M
Profits Per Employee	10.34M
Employee Count	167
Asset Turnover	0.01
Inventory Turnover	n/a

Taxes

In the past 12 months, TPE:2820 has paid 365.06 million in taxes.

Income Tax	365.06M
Effective Tax Rate	17.99%

Stock Price Statistics

The stock price has increased by +8.33% in the last 52 weeks. The beta is 0.20, so TPE:2820's price volatility has been lower than the market average.

Beta (5Y)	0.20
52-Week Price Change	+8.33%
50-Day Moving Average	16.01
200-Day Moving Average	15.34
Relative Strength Index (RSI)	43.18
Average Volume (20 Days)	1,577,367

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, TPE:2820 had revenue of TWD 2.60 billion and earned 1.66 billion in profits. Earnings per share was 1.24.

Revenue	2.60B
Gross Profit	2.60B
Operating Income	2.03B
Pretax Income	2.03B
Net Income	1.66B
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	1.24

Balance Sheet

The company has 242.19 billion in cash and 231.55 billion in debt, giving a net cash position of 10.64 billion or 7.92 per share.

Cash & Cash Equivalents	242.19B
Total Debt	231.55B
Net Cash	10.64B
Net Cash Per Share	7.92
Equity (Book Value)	25.92B
Book Value Per Share	19.30
Working Capital	11.56B

Cash Flow

In the last 12 months, operating cash flow was -2.90 billion and capital expenditures -16.87 million, giving a free cash flow of -2.91 billion.

Operating Cash Flow	-2.90B
Capital Expenditures	-16.87M
Free Cash Flow	-2.91B
FCF Per Share	-2.17

Margins

Gross margin is 100.00%, with operating and profit margins of 78.01% and 64.11%.

Gross Margin	100.00%
Operating Margin	78.01%
Pretax Margin	78.17%
Profit Margin	64.11%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.78, which amounts to a dividend yield of 4.66%.

Dividend Per Share	0.78
Dividend Yield	4.66%
Dividend Growth (YoY)	6.85%
Years of Dividend Growth	1
Payout Ratio	58.90%
Buyback Yield	-0.06%
Shareholder Yield	4.60%
Earnings Yield	7.47%
FCF Yield	-13.06%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on March 18, 2010. It was a reverse split with a ratio of 0.8.

Last Split Date	Mar 18, 2010
Split Type	Reverse
Split Ratio	0.8

Scores

Altman Z-Score	n/a
Piotroski F-Score	3