1. Taiwan Stocks

  2. •

    Finance

  3. •

    Financial conglomerates
TS Financial Holding Co., Ltd.

TS Financial Holding Co., Ltd.

20.60
USD
-0.20
(-0.96%)
1.00EPS
10.30P/E
16.11BMarket Cap
Nov 18Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
72.26
72.9
41.56
40.32
41.98
44.45
50.34
52.19
71.28
81.49
85.71
106.2
132.06
127.59
Basic EPS, GAAP
18.39
2.05
16.38
14.11
15.98
15.88
17.78
17.78
24.91
18.23
17.91
24.6
32.45
31.35
Free Cash Flow per Basic Share
-33.89
-8.97
-23.42
15.31
-19.91
-21.3
47.6
5.64
-1.73
75.02
-13.42
-36.97
-73.8
-71.31
Dividend per Share
3.77
5.55
2.22
6.42
6.85
8.58
8.39
9.63
9.59
10.62
9.75
11.58
21.18
- -
Book Value per Share
136.87
132.53
145.59
173.29
181.01
201.63
209.76
218.4
233.08
235.29
252.05
267.16
300.57
300.57
Tangible Book Value per Share
108.45
130.04
143.09
170.57
178.2
198.83
206.74
214.38
229.05
230.96
247.67
262.66
-131.31
-131.31
Basic Weighted Avg Shares
753
791
807
808
817
814
815
815
815
815
815
815
1,150
1,190
Sales/Revenue/Turnover
54,378
57,689
33,552
32,590
34,321
36,192
41,010
42,542
58,125
66,456
69,890
86,604
151,891
151,891
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1,481
1,562
901
1,006
1,067
1,195
2,004
2,201
2,389
2,628
2,694
2,810
5,229
5,229
Net Income, GAAP
13,836
1,624
13,223
11,399
13,061
12,931
14,488
14,493
20,312
14,864
14,602
20,064
37,327
37,327
Effective Tax Rate (%)
19.01
26.74
11.21
12.16
11.75
9.18
10.98
11.82
12.34
15.83
17.6
15.18
9.44
9.44
Profit Margin (%)
25.44
2.82
39.41
34.98
38.05
35.73
35.33
34.07
34.95
22.37
20.89
23.17
24.57
24.57
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
92,610
61,885
87,128
91,024
90,014
85,461
93,673
99,692
108,584
98,700
111,161
126,482
258,226
258,226
Total Equity
197,989
114,184
124,960
148,876
155,322
174,518
179,018
186,109
198,101
202,894
216,562
228,885
484,104
484,104
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
2.49
-2.74
6.81
5.05
5.38
5.12
5.44
5.19
6.86
4.89
4.64
5.87
6.79
6.79
Return on Common Equity (%)
13.98
1.54
11.79
8.85
9.09
8.3
8.65
8.31
11.04
7.78
7.35
9.48
10.86
10.86

Capital Structure

TWD

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
11,000
13,947
13,947
Shares Outstanding
815
1,563
1,563
Market Capitalization
- -
445,708
504,841

Working Capital

TWD

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
135,337
288,350
283,725
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.52%
26.56%
111.51%
Free Cash Flow
-512.56%
-864.69%
181.54%
Net Income, GAAP
14.69%
27%
86.04%
Sales/Revenue/Turnover
18.04%
31.09%
75.39%
Total Cash Common Dividend
41.32%
35.79%
158.05%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
19,228
17,519
16,467
16,675
69,890
2024
21,310
21,362
23,502
20,430
86,604
2025
24,772
19,973
45,719
61,427
151,891

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
6.47
3.98
3.34
3.05
17.91
2024
6.15
6.21
6.84
4.16
24.6
2025
5.8
6.05
8.43
9.38
32.45

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
9.75
2024
- -
- -
- -
- -
11.58
2025
- -
- -
- -
- -
21.18

Company Description

Company Profile APIChatGPT
CEO
Welch Lin
Full Time Employees
19,298
Sector
Finance
Industry
Financial conglomerates
Address
No.118, Ren-ai Road Taipei TP Taiwan 106
IPO Date
Feb 18, 2002
Website
taishinholdings.com.tw
Similar Companies
Strategy Inc (NASDAQ:MSTR)
BitMine Immersion Technologies, Inc. (NYSE:BMNR)
Strive, Inc. (NASDAQ:ASST)
Hyperliquid Strategies Inc (NASDAQ:PURR)
Stablecoin Development Corporation (AMEX:SDEV)
Jio Financial Services Limited (NSE:JIOFIN)
Business
TS Financial Holding Co., Ltd. (2887.TW) is a Taiwan-based financial holding company engaged in investment management and oversight of subsidiaries providing comprehensive financial services including banking, life insurance, securities brokerage, and investment trusts. The group offers core products and services through key subsidiaries such as Taishin Bank, which provides deposits, loans, bill discounting, guarantees, remittances, foreign exchange transactions, and wealth management including tailored financial consulting, tax planning, trusts, asset allocation advisory, TWD/FCY deposits, investment products, and insurance; Shin Kong Life Insurance, delivering life insurance policies; Taishin Securities, offering brokerage, underwriting, and trading services; and other units providing futures trading, asset management, and financial advisory. Founded in 1997 and headquartered in Taipei, Taiwan, the company operates primarily in Asia with additional presence in Europe, America, and other regions, targeting retail, corporate, and high-net-worth customers across banking, insurance, and securities segments. In recent developments, TS Holdings announced in September 2025 that its subsidiary Taishin Securities will merge with MasterLink Securities, a related wholly-owned entity, to integrate securities operations, enhance competitiveness, expand business scale, boost revenue, and improve operational efficiency through synergies, with the transaction involving a share exchange ratio of 1.1264 Taishin shares per MasterLink share based on June 2025 financials and pending regulatory approval.