China Bills Finance Corporation

TWSE:2820 Stock Report

Market Cap: NT$20.5b

China Bills Finance Past Earnings Performance

Past criteria checks 1/6

China Bills Finance's earnings have been declining at an average annual rate of -0.6%, while the Capital Markets industry saw earnings growing at 12.2% annually. Revenues have been declining at an average rate of 1.9% per year. China Bills Finance's return on equity is 5.2%, and it has net margins of 62.8%.

Key information

-0.6%

Earnings growth rate

-0.6%

EPS growth rate

Capital Markets Industry Growth12.7%
Revenue growth rate-1.9%
Return on equity5.2%
Net Margin62.8%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

What Is The Ownership Structure Like For China Bills Finance Corporation (TPE:2820)?

Mar 15
What Is The Ownership Structure Like For China Bills Finance Corporation (TPE:2820)?

Would China Bills Finance Corporation (TPE:2820) Be Valuable To Income Investors?

Feb 16
Would China Bills Finance Corporation (TPE:2820) Be Valuable To Income Investors?

Did You Participate In Any Of China Bills Finance's (TPE:2820) Respectable 73% Return?

Jan 11
Did You Participate In Any Of China Bills Finance's (TPE:2820) Respectable 73% Return?

What You Need To Know About China Bills Finance Corporation's (TPE:2820) Investor Composition

Dec 15
What You Need To Know About China Bills Finance Corporation's (TPE:2820) Investor Composition

Is China Bills Finance Corporation (TPE:2820) The Right Choice For A Smart Dividend Investor?

Nov 18
Is China Bills Finance Corporation (TPE:2820) The Right Choice For A Smart Dividend Investor?

Revenue & Expenses Breakdown
Beta

How China Bills Finance makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2820 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 232,0521,2894200
30 Sep 231,9721,2044030
30 Jun 231,8181,2143970
31 Mar 231,6781,1193800
31 Dec 221,5281,0403780
30 Sep 221,8471,3393990
30 Jun 222,2161,4704270
31 Mar 222,6651,7544510
31 Dec 212,8761,8584630
30 Sep 212,8411,8284520
30 Jun 212,8321,8294440
31 Mar 212,7261,7524340
31 Dec 202,5281,5784250
30 Sep 202,4031,4893440
30 Jun 202,2141,3513360
31 Mar 202,0881,2883480
31 Dec 192,0351,2453240
30 Sep 191,9871,2363820
30 Jun 192,0221,2453760
31 Mar 192,0881,3153590
31 Dec 182,0941,3353650
30 Sep 182,1631,3763320
30 Jun 182,1861,4153740
31 Mar 182,1491,3833680
31 Dec 172,1671,3513700
30 Sep 172,0931,3303620
30 Jun 172,1181,3323310
31 Mar 172,3021,4693540
31 Dec 162,4911,6343790
30 Sep 162,6691,7434550
30 Jun 162,6671,7754390
31 Mar 162,5501,6954100
31 Dec 152,3961,6103790
30 Sep 152,2261,4863380
30 Jun 152,2221,4793320
31 Mar 152,1061,3813230
31 Dec 142,0951,3853220
30 Sep 141,9911,2953250
30 Jun 141,7961,1293250
31 Mar 141,6921,0442890
31 Dec 132,1561,4013310
30 Sep 132,0941,3393320
30 Jun 132,0661,3223270

Quality Earnings: 2820 has a high level of non-cash earnings.

Growing Profit Margin: 2820's current net profit margins (62.8%) are lower than last year (68.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2820's earnings have declined by 0.6% per year over the past 5 years.

Accelerating Growth: 2820's earnings growth over the past year (23.9%) exceeds its 5-year average (-0.6% per year).

Earnings vs Industry: 2820 earnings growth over the past year (23.9%) did not outperform the Capital Markets industry 61.8%.


Return on Equity

High ROE: 2820's Return on Equity (5.2%) is considered low.


Return on Assets


Return on Capital Employed


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