Mega Financial Holding Co., Ltd.

TWSE:2886 Stock Report

Market Cap: NT$586.9b

Mega Financial Holding Balance Sheet Health

Financial Health criteria checks 6/6

Mega Financial Holding has total assets of NT$4,484.8B and total equity of NT$361.6B. Total deposits are NT$3,255.1B, and total loans are NT$2,398.9B. It earns a Net Interest Margin of 13.7%. It has sufficient allowance for bad loans, which are currently at 0.3% of total loans. Cash and short-term investments are NT$316.8B.

Key information

12.4x

Asset to equity ratio

13.7%

Net interest margin

Total deposits

NT$3.26t

Loan to deposit ratio

Appropriate

Bad loans

0.3%

Allowance for bad loans

Sufficient

Current ratio

Low

Cash & equivalents

NT$316.78b

Recent financial health updates

No updates

Recent updates

Is Mega Financial Holding Co., Ltd.'s (TPE:2886) 5.3% Dividend Sustainable?

Apr 19
Is Mega Financial Holding Co., Ltd.'s (TPE:2886) 5.3% Dividend Sustainable?

Shareholders Of Mega Financial Holding (TPE:2886) Must Be Happy With Their 76% Return

Feb 25
Shareholders Of Mega Financial Holding (TPE:2886) Must Be Happy With Their 76% Return

Is Mega Financial Holding Co., Ltd. (TPE:2886) A Strong Dividend Stock?

Jan 03
Is Mega Financial Holding Co., Ltd. (TPE:2886) A Strong Dividend Stock?

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: 2886's Assets to Equity ratio (12.4x) is moderate.

Allowance for Bad Loans: 2886 has a sufficient allowance for bad loans (505%).

Low Risk Liabilities: 79% of 2886's liabilities are made up of primarily low risk sources of funding.

Loan Level: 2886 has an appropriate level of Loans to Assets ratio (53%).

Low Risk Deposits: 2886's Loans to Deposits ratio (74%) is appropriate.

Level of Bad Loans: 2886 has an appropriate level of bad loans (0.3%).


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.