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Shin Kong Financial Holding Co., Ltd. (2888.TW)
Key financial summary
Financials in TWD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | TWD bn | 279 | 268 | 218 | 107 | 25 | 41 | 100 |
| Operating profit | TWD bn | 21 | 58 | |||||
| Net profit | TWD bn | 20 | 14 | 23 | 2 | -7 | 20 | 5 |
| EPS reported | TWD | 1.22 | 0.32 | |||||
| Operating cashflow per share | TWD | -1.88 | -1.88 | |||||
| Capex per share | TWD | 0.10 | 0.10 | |||||
| FCF per share | TWD | -1.98 | -1.98 | |||||
| Free cash flow | TWD bn | -32 | -59 | |||||
| Net debt | TWD bn | 6 | 71 | |||||
| Book value equity | TWD bn | 284 | 258 | |||||
| Book value per share | TWD | 16.97 | 14.57 | |||||
| Number of shares | m | 16,709.51 | 17,693.83 | |||||
| DPS (TTM paid) | TWD | 0.00 | 0.00 |
Financial summary
Financials in TWD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 9.67 | - | |||||
| P/B LTM | x | 0.68 | 0.81 | |||||
| P/S LTM | x | 4.71 | 2.10 | |||||
| P/FCF LTM | x | -5.97 | -3.54 | |||||
| EV/EBITDA LTM | x | 4.90 | 12.15 | |||||
| EV/Sales LTM | x | 4.86 | 2.81 | |||||
| Earnings Yield LTM | % | 10.34% | 10.59% | |||||
| FCF Yield | % | -16.74% | -28.21% | |||||
| Quality | ||||||||
| ROE | % | 7.19% | 7.71% | |||||
| ROIC | % | 0.43% | 0.43% | |||||
| Operating margin | % | 50.21% | 50.21% | |||||
| Gross margin | % | 100.00% | 100.00% | |||||
| FCF/Sales | % | -78.85% | -78.85% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | +62.56% | +121.05% | |||||
| Net Income Growth YoY | % | - | +0.50% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | - | +646.76% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | -0.20 | -0.30 | |||||
| Net Debt/EBITDA | x | 0.15 | 0.15 | |||||
| EBIT/Net interest | x | 0.98 | 0.98 | |||||
| Net debt/market cap | % | 3.20% | 34.07% | |||||
| Net debt/Equity | x | 0.02 | 0.28 | |||||
| Gross debt/equity | x | 0.57 | 0.76 | |||||
Company overview
Shin Kong Financial Holding Co., Ltd. (2888.TW), headquartered in Taipei City, Taiwan, is a prominent financial services conglomerate that commenced operations in 2002. The company, along with its numerous subsidiaries, delivers a comprehensive array of financial products and services not only within Taiwan but also across international markets. Its operations are strategically structured into several core divisions: Insurance, Securities, Banking, and Other ventures. Within its Insurance segment, Shin Kong offers a broad spectrum of life insurance policies, encompassing individual and group plans, as well as accident, property & casualty, and health insurance coverage. The Banking division delivers essential commercial banking services, including trust management, foreign exchange transactions, and offshore banking facilities. Its Securities arm provides a variety of capital market services, such as securities brokerage, underwriting, futures brokerage and dealing, security transfers, and shareholder registration processing. Beyond these core areas, the company is actively involved in various investment management activities, including negotiable securities investment trusts, securities and investment advisory services, discretionary investment, venture capital, and concurrent futures trusts. It also manages diverse supplementary businesses such as building and property management (including maintenance, parking operations, and real estate brokerage), human resource allocation, data processing and software development, financial leasing, and general advertising. Furthermore, Shin Kong provides specialized consulting services for the loan market, offers credit solutions, reinvestment services, and operates as a non-store retailer. The company extends its expertise through investment consulting, research and analysis for securities, management consulting, and training programs, often disseminating its insights through published industry reports. As of December 31, 2021, Shin Kong Financial boasted a significant retail presence with 104 banking branches.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Shin Kong Financial Holding Co., Ltd. (2888.TW)
Shin Kong Financial Holding Co., Ltd. (2888.TW), headquartered in Taipei City, Taiwan, is a prominent financial services conglomerate that commenced operations in 2002. The company, along with its numerous subsidiaries, delivers a comprehensive array of financial products and services not only within Taiwan but also across international markets. Its operations are strategically structured into several core divisions: Insurance, Securities, Banking, and Other ventures. Within its Insurance segment, Shin Kong offers a broad spectrum of life insurance policies, encompassing individual and group plans, as well as accident, property & casualty, and health insurance coverage. The Banking division delivers essential commercial banking services, including trust management, foreign exchange transactions, and offshore banking facilities. Its Securities arm provides a variety of capital market services, such as securities brokerage, underwriting, futures brokerage and dealing, security transfers, and shareholder registration processing. Beyond these core areas, the company is actively involved in various investment management activities, including negotiable securities investment trusts, securities and investment advisory services, discretionary investment, venture capital, and concurrent futures trusts. It also manages diverse supplementary businesses such as building and property management (including maintenance, parking operations, and real estate brokerage), human resource allocation, data processing and software development, financial leasing, and general advertising. Furthermore, Shin Kong provides specialized consulting services for the loan market, offers credit solutions, reinvestment services, and operates as a non-store retailer. The company extends its expertise through investment consulting, research and analysis for securities, management consulting, and training programs, often disseminating its insights through published industry reports. As of December 31, 2021, Shin Kong Financial boasted a significant retail presence with 104 banking branches.
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