company background image
2883 logo

China Development Financial Holding TWSE:2883 Stock Report

Last Price

NT$15.80

Market Cap

NT$290.9b

7D

-0.6%

1Y

25.4%

Updated

26 Jul, 2024

Data

Company Financials +

China Development Financial Holding Corporation

TWSE:2883 Stock Report

Market Cap: NT$290.9b

2883 Stock Overview

Engages in the commercial banking, securities, venture capital, and insurance businesses in Taiwan and internationally.

2883 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health2/6
Dividends3/6

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$15.80
52 Week HighNT$17.20
52 Week LowNT$11.15
Beta0.70
11 Month Change4.29%
3 Month Change17.47%
1 Year Change25.40%
33 Year Change12.06%
5 Year Change72.68%
Change since IPO2.43%

Recent News & Updates

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
7D-0.6%-1.5%-3.2%
1Y25.4%32.5%26.7%

Return vs Industry: 2883 underperformed the TW Insurance industry which returned 32.5% over the past year.

Return vs Market: 2883 underperformed the TW Market which returned 31.2% over the past year.

Price Volatility

Is 2883's price volatile compared to industry and market?
2883 volatility
2883 Average Weekly Movement4.5%
Insurance Industry Average Movement4.3%
Market Average Movement4.7%
10% most volatile stocks in TW Market8.6%
10% least volatile stocks in TW Market2.2%

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

Volatility Over Time: 2883's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195913,406Paul Yangwww.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, loans, and credit cards; wealth management, consumer and corporate banking, and foreign exchange services; and direct investment, corporate finance, and capital market services for domestic and foreign customers, as well as fund scheduling. It also provides investment strategies and strategic advisory services; 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, 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$290.95b
Earnings (TTM)NT$23.65b
Revenue (TTM)NT$60.65b

12.3x

P/E Ratio

4.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2883 income statement (TTM)
RevenueNT$60.65b
Cost of RevenueNT$0
Gross ProfitNT$60.65b
Other ExpensesNT$36.99b
EarningsNT$23.65b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.28
Gross Margin100.00%
Net Profit Margin39.00%
Debt/Equity Ratio158.2%

How did 2883 perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

35%

Payout Ratio
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.