China Bills Finance Corporation (TPE:2820)

China Bills Finance Statistics

Total Valuation

TPE:2820 has a market cap or net worth of TWD 22.36 billion.

Market Cap	22.36B
Enterprise Value	n/a

Important Dates

The last earnings date was 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 decreased by -0.23% in one year.

Current Share Class	1.34B
Shares Outstanding	1.34B
Shares Change (YoY)	-0.23%
Shares Change (QoQ)	-0.01%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	23.01%
Float	870.28M

Valuation Ratios

The trailing PE ratio is 13.21.

PE Ratio	13.21
Forward PE	n/a
PS Ratio	8.25
PB Ratio	0.82
P/TBV Ratio	0.82
P/FCF Ratio	1.57
P/OCF Ratio	1.57
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 8.37.

Current Ratio	1.05
Quick Ratio	1.05
Debt / Equity	8.37
Debt / EBITDA	n/a
Debt / FCF	16.01
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 6.46%.

Return on Equity (ROE)	6.46%
Return on Assets (ROA)	0.66%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	16.42M
Profits Per Employee	10.29M
Employee Count	167
Asset Turnover	0.01
Inventory Turnover	n/a

Taxes

In the past 12 months, TPE:2820 has paid 451.51 million in taxes.

Income Tax	451.51M
Effective Tax Rate	21.01%

Stock Price Statistics

The stock price has increased by +11.00% in the last 52 weeks. The beta is 0.17, so TPE:2820's price volatility has been lower than the market average.

Beta (5Y)	0.17
52-Week Price Change	+11.00%
50-Day Moving Average	16.55
200-Day Moving Average	15.72
Relative Strength Index (RSI)	52.78
Average Volume (20 Days)	848,581

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 2.71 billion and earned 1.70 billion in profits. Earnings per share was 1.26.

Revenue	2.71B
Gross Profit	2.71B
Operating Income	2.13B
Pretax Income	2.15B
Net Income	1.70B
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	1.26

Balance Sheet

The company has 237.28 billion in cash and 227.32 billion in debt, giving a net cash position of 9.95 billion or 7.41 per share.

Cash & Cash Equivalents	237.28B
Total Debt	227.32B
Net Cash	9.95B
Net Cash Per Share	7.41
Equity (Book Value)	27.15B
Book Value Per Share	20.22
Working Capital	11.73B

Cash Flow

In the last 12 months, operating cash flow was 14.22 billion and capital expenditures -17.56 million, giving a free cash flow of 14.20 billion.

Operating Cash Flow	14.22B
Capital Expenditures	-17.56M
Free Cash Flow	14.20B
FCF Per Share	10.57

Margins

Gross margin is 100.00%, with operating and profit margins of 78.62% and 62.62%.

Gross Margin	100.00%
Operating Margin	78.62%
Pretax Margin	79.28%
Profit Margin	62.62%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	523.90%

Dividends & Yields

This stock pays an annual dividend of 0.78, which amounts to a dividend yield of 4.68%.

Dividend Per Share	0.78
Dividend Yield	4.68%
Dividend Growth (YoY)	6.85%
Years of Dividend Growth	1
Payout Ratio	61.73%
Buyback Yield	0.23%
Shareholder Yield	4.90%
Earnings Yield	7.59%
FCF Yield	63.50%

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	6