1. Taiwan, Province of China Stocks

  2. •

    Financial Services

  3. •

    Banks - Regional
Hua Nan Financial Holdings Co., Ltd.

Hua Nan Financial Holdings Co., Ltd.

2880.TW
Hua Nan Financial Holdings Co., Ltd.TW flagTaiwan Stock Exchange
38.85
TWD
-0.85
- -
540.67BMarket Cap
Hua Nan Financial Holdings Co., Ltd.
2880.TW
(Taiwan Stock Exchange)

Recent

price

38.85

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.65
2.51
2.45
2.5
2.8
2.84
3.04
3.04
3.31
3.36
2.84
3.65
3.85
4.26
4.74
4.98
4.98
Revenue per Share
0.54
0.71
0.64
0.72
0.94
1.01
1.01
0.86
1.05
1.15
0.62
1.24
1.24
1.55
1.66
1.9
1.9
Basic EPS, GAAP
0.5
-0.57
0.17
1.41
2.01
5.23
-5.46
1.33
-1.32
-1.17
4.93
-2.11
3.03
-1.75
2.79
0.16
0.16
Free Cash Flow per Basic Share
0.11
0.16
0.3
0.31
0.45
0.41
0.45
0.53
0.4
0.45
0.49
0.24
0.74
0.58
1.17
1.23
- -
Dividend per Share
6.99
8.02
7.19
7.55
7.93
8.4
8.83
9.04
9.43
9.96
9.91
10.89
11.39
11.46
12.6
13.16
13.15
Book Value per Share
8.89
10.22
9.28
9.72
10.32
10.96
11.39
11.76
12.46
13.49
13.54
14.35
13.21
14.87
15.76
16.91
16.89
Tangible Book Value per Share
11,211
12,007
13,917
13,917
13,917
13,917
13,917
13,917
13,917
13,917
13,917
13,917
13,917
13,917
13,917
13,917
13,931
Basic Weighted Avg Shares
29,713
30,179
34,029
34,776
38,911
39,568
42,249
42,282
46,008
46,724
39,545
50,734
53,587
59,298
65,965
69,368
69,330
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
1,156
1,125
1,058
945
930
931
1,067
1,165
1,279
2,144
2,186
2,128
2,080
2,092
2,118
2,159
2,159
Depreciation Expense
6,081
8,544
8,940
10,051
13,131
14,081
14,087
12,015
14,621
15,955
8,653
17,206
17,308
21,618
23,133
26,424
26,424
Net Income, GAAP
10.19
17.88
15.16
15.43
15.55
13.05
12.2
12.99
12.3
14.66
22.67
11.93
17.55
17.47
20.66
19.01
19.01
Effective Tax Rate (%)
20.47
28.31
26.27
28.9
33.75
35.59
33.34
28.42
31.78
34.15
21.88
33.91
32.3
36.46
35.07
38.09
38.11
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
47,666
44,836
51,049
47,936
55,959
62,362
68,023
81,676
76,660
82,327
79,712
91,522
110,395
122,641
127,320
131,546
131,546
LT Debt
100,336
123,283
129,613
135,657
143,940
153,069
158,983
164,234
174,158
188,701
189,404
200,707
184,827
207,812
220,353
236,360
236,360
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
8.1
9.79
9.11
9.8
12.2
12.4
11.75
9.66
11.37
11.82
6.26
11.89
11.16
13.6
13.81
14.74
14.74
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13,917
13,917
13,917
Market Capitalization
374,165
412,353
431,856

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
264,890
292,085
304,634
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.57%
4.76%
7.26%
Free Cash Flow
-195.79%
-179.5%
-94.38%
Net Income, GAAP
11.6%
29.11%
14.23%
Sales/Revenue/Turnover
6.28%
12.19%
5.16%
Total Cash Common Dividend
26.21%
47.75%
5.21%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
14,228
14,887
15,723
14,601
59,298
2024
16,274
16,705
18,054
14,856
65,965
2025
16,619
15,625
19,694
17,392
69,368

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.36
0.39
0.46
- -
1.55
2024
0.4
0.4
0.48
- -
1.66
2025
0.38
0.46
0.59
- -
1.9

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.58
2024
- -
- -
- -
- -
1.17
2025
- -
- -
- -
- -
1.23
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Business
Hua Nan Financial Holdings Co., Ltd. Hua Nan Financial Holdings Co., Ltd. is a Taiwan-based financial holding company principally engaged in the investment and management of subsidiaries providing banking, securities, insurance, venture capital, and asset management services. Established on December 19, 2001, and listed on the Taiwan Stock Exchange (TWSE: 2880), the company is headquartered at 23F, No. 123 Songren Road, Taipei, Taiwan, and oversees operations primarily in Taiwan with international presence through subsidiaries' branches in locations including Hong Kong, Singapore, Vietnam, the United Kingdom, and the United States. Its core subsidiaries encompass Hua Nan Commercial Bank for commercial banking, offshore banking, overseas branch banking, savings, trust services including custody of nondiscretionary trust funds and mutual funds, and other banking activities; Hua Nan Securities for brokerage, trading, underwriting, margin loans, securities financing, futures trading, and foreign securities transactions; South China Insurance for property and casualty insurance such as automobile, fire, casualty, liability insurance, and reinsurance; Hua Nan Investment Trust for issuing beneficiary certificates, investment trust funds, and securities investments; as well as entities focused on venture capital investments, management consulting, property leasing and evaluation, financing, leasing, futures brokerage, and security investment consulting. The company serves personal and corporate customers across banking, securities, insurance, and other financial segments, employing approximately 11,136 people as of December 2023. In recent developments, Hua Nan Financial Holdings reported strong financial performance with net profit after tax reaching NT$23.133 billion for 2024, up NT$1.515 billion from 2023, and NT$19.91 billion for the first nine months of 2025 with earnings per share of NT$1.43; additionally, subsidiaries pursued strategic moves including Hua Nan Securities Investment Management's investment in a Xinzhuang urban renewal joint construction project in August 2025, Hua Nan Commercial Bank's acquisition of senior unsecured financial bonds in August 2025, and ongoing board resolutions for director assignments at key subsidiaries to bolster governance.