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China Development Financial Holding TWSE:2883 Stock Report

Last Price

NT$13.55

Market Cap

NT$227.3b

7D

2.3%

1Y

4.6%

Updated

23 Apr, 2024

Data

Company Financials +

China Development Financial Holding Corporation

TWSE:2883 Stock Report

Market Cap: NT$227.3b

2883 Stock Overview

China Development Financial Holding Corporation engages in the commercial banking, securities, venture capital, and insurance businesses in Taiwan and internationally.

2883 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health2/6
Dividends0/6

China Development Financial Holding Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China Development Financial Holding
Historical stock prices
Current Share PriceNT$13.55
52 Week HighNT$14.60
52 Week LowNT$11.15
Beta0.69
1 Month Change-3.56%
3 Month Change11.98%
1 Year Change4.63%
3 Year Change0.74%
5 Year Change36.18%
Change since IPO-12.16%

Recent News & Updates

Lacklustre Performance Is Driving China Development Financial Holding Corporation's (TWSE:2883) Low P/E

Apr 18
Lacklustre Performance Is Driving China Development Financial Holding Corporation's (TWSE:2883) Low P/E

Recent updates

Lacklustre Performance Is Driving China Development Financial Holding Corporation's (TWSE:2883) Low P/E

Apr 18
Lacklustre Performance Is Driving China Development Financial Holding Corporation's (TWSE:2883) Low P/E

Three Things You Should Check Before Buying China Development Financial Holding Corporation (TPE:2883) For Its Dividend

Feb 18
Three Things You Should Check Before Buying China Development Financial Holding Corporation (TPE:2883) For Its Dividend

Shareholders Of China Development Financial Holding (TPE:2883) Must Be Happy With Their 76% Return

Jan 13
Shareholders Of China Development Financial Holding (TPE:2883) Must Be Happy With Their 76% Return

Looking For Steady Income For Your Dividend Portfolio? Is China Development Financial Holding Corporation (TPE:2883) A Good Fit?

Nov 20
Looking For Steady Income For Your Dividend Portfolio? Is China Development Financial Holding Corporation (TPE:2883) A Good Fit?

Shareholder Returns

2883TW InsuranceTW Market
7D2.3%-3.4%-5.7%
1Y4.6%12.3%23.8%

Return vs Industry: 2883 underperformed the TW Insurance industry which returned 12.3% over the past year.

Return vs Market: 2883 underperformed the TW Market which returned 23.8% over the past year.

Price Volatility

Is 2883's price volatile compared to industry and market?
2883 volatility
2883 Average Weekly Movement3.3%
Insurance Industry Average Movement2.9%
Market Average Movement4.6%
10% most volatile stocks in TW Market8.5%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 2883 has not had significant price volatility in the past 3 months.

Volatility Over Time: 2883's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195913,406Steve Bertaminiwww.cdfholding.com

China Development Financial Holding Corporation engages in the commercial banking, securities, venture capital, and insurance businesses in Taiwan and internationally. The company offers financial services, such as deposits, remittances, loans, payments, credit cards, investments, and wealth management, as well as financial solutions for domestic and overseas corporates. It also provides corporate banking services, including financial services for startups, micro-enterprises, SMEs, large enterprises, and private equities; upstream, midstream, and downstream supplier services; project financing products; cross-border trade businesses; short-term financing with supply chain cash flow, sustainable/green energy project financing, and asset-backed loans; corporate strategic services comprising credits, foreign exchange hedging, cash management, and trade financing; and currency, foreign exchange, interest rate, commodity, and equity security of spot market and derivative financial product trading.

China Development Financial Holding Corporation Fundamentals Summary

How do China Development Financial Holding's earnings and revenue compare to its market cap?
2883 fundamental statistics
Market capNT$227.27b
Earnings (TTM)NT$18.94b
Revenue (TTM)NT$52.97b

12.0x

P/E Ratio

4.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2883 income statement (TTM)
RevenueNT$52.97b
Cost of RevenueNT$0
Gross ProfitNT$52.97b
Other ExpensesNT$34.03b
EarningsNT$18.94b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.13
Gross Margin100.00%
Net Profit Margin35.76%
Debt/Equity Ratio152.5%

How did 2883 perform over the long term?

See historical performance and comparison
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