Chang Hwa Commercial Bank, Ltd.

Chang Hwa Commercial Bank, Ltd.

TTWSE:2801
29.90
TWD
+0.30
(+1.01%)
1.53EPS
12.90P/E
240.03BMarket Cap

Total Valuation

TWD

As of March 31, 2026, Chang Hwa Commercial Bank, Ltd. carries a market capitalization of 240.03B, placing it among publicly traded companies globally. Its enterprise value stands at 80.87B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap240.03B
Enterprise Value80.87B

Share Statistics

As of March 31, 2026, Chang Hwa Commercial Bank, Ltd. has 12.06B shares outstanding.

Shares Outstanding12.06B

Valuation Ratios

As of March 31, 2026, Chang Hwa Commercial Bank, Ltd. trades at a trailing price-to-earnings ratio of 12.90. The price-to-sales ratio is 5.11, and the price-to-book ratio stands at 1.06.

PE Ratio12.90
PS Ratio5.11
PB Ratio1.06
P/TBV Ratio1.07
P/FCF Ratio-4.31
P/OCF Ratio-4.42

Enterprise Valuation

These figures are as of March 31, 2026. The EV/Sales ratio of 1.70 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 80.87B versus a market cap of 240.03B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.70

Financial Position

These figures are as of March 31, 2026.

Debt / Equity20.76

Financial Efficiency

TWD

Over the twelve months ended March 31, 2026, Chang Hwa Commercial Bank, Ltd. posted a return on equity (ROE) of 8.73, showing how much profit the company earns on every dollar of shareholder capital. Return on assets (ROA) stands at 0.56, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 7.20, useful for judging operating efficiency across full business cycles. The company generates approximately 6.95M in revenue per employee across its workforce of 6,845.50, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)8.73
Return on Assets (ROA)0.56
Return on Capital Employed (ROCE)7.20
Revenue Per Employee6.95M
Employee Count6,845.50

Taxes

TWD

Over the twelve months ended March 31, 2026, Chang Hwa Commercial Bank, Ltd. recorded 3.37B in income tax expense. That works out to an effective tax rate of 14.77, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 22.85B, leaving 18.86B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax3.37B
Effective Tax Rate14.77

Stock Price Statistics

TWD

As of the close on October 22, 2026, Chang Hwa Commercial Bank, Ltd.'s stock has gained approximately 51.72% over the past 52 weeks. The 50-day moving average sits at 26.76, while the 200-day moving average is 22.47.

52-Week Price Change51.72%
50-Day Moving Average26.76
200-Day Moving Average22.47

Income Statement

TWD

Over the twelve months ended March 31, 2026, Chang Hwa Commercial Bank, Ltd. generated 47.58B in revenue and converted that into 18.86B in net income, yielding earnings per share of 1.53.

Revenue47.58B
Pretax Income22.85B
Net Income18.86B
Earnings Per Share (EPS)1.53

Balance Sheet

TWD

As of March 31, 2026, Chang Hwa Commercial Bank, Ltd. holds 206.08B in cash and equivalents against 46.92B in total debt, resulting in a net debt position of -206.08B.

Cash & Cash Equivalents206.08B
Total Debt46.92B
Net Debt-206.08B
Equity (Book Value)225.98B
Book Value Per Share18.74

Cash Flow

TWD

Chang Hwa Commercial Bank, Ltd. produced -55.04B in operating cash flow over the twelve months ended March 31, 2026. After subtracting -1.80B in capital expenditures, free cash flow totaled -56.84B - equivalent to -4.65 per share.

Operating Cash Flow-55.04B
Capital Expenditures-1.80B
Free Cash Flow-56.84B
FCF Per Share-4.65

Margins

These figures cover the twelve months ended March 31, 2026.

Pretax Margin48.02
Profit Margin39.64

Dividends & Yields

Over the twelve months ended March 31, 2026, Chang Hwa Commercial Bank, Ltd. paid dividends of - - per share. The dividend payout ratio of - - indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield is negative at -23.20: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -20.18, meaning Chang Hwa Commercial Bank, Ltd. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-20.18
FCF Yield-23.20

Stock Splits

Chang Hwa Commercial Bank, Ltd.'s most recent stock split took place on August 5, 2026 with a 40:41 split ratio.

Last Split Date8/5/2026
Split Ratio40:41