President Securities Corp.

President Securities Corp.

TTWSE:2855
55.00
TWD
-0.60
(-1.08%)
9.90EPS
5.19P/E
80.07BMarket Cap
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
1.74
2.52
2.5
2.27
4.38
2.76
4.21
5.22
9.76
1.55
6.95
9.95
7.75
27.24
Basic EPS, GAAP
0.82
0.96
0.58
0.51
1.61
0.75
1.48
2.25
2.5
0.46
1.8
2.73
3
9.63
Free Cash Flow per Basic Share
-2.11
0.1
2.13
-1.06
2.18
6.61
-5.71
4.58
1.28
4.43
-13.18
-4.63
-6.48
-32.68
Dividend per Share
0.42
0.59
0.65
0.16
- -
1.03
0.6
0.86
1.31
1.72
0.35
1.2
1
- -
Book Value per Share
13.49
13.9
13.91
14.23
15.65
15.81
16.67
18.36
19.78
18.56
20.01
22.04
24.54
29.99
Tangible Book Value per Share
13.48
13.8
13.82
14.15
15.58
15.73
16.59
18.27
19.66
18.4
19.83
21.85
24.37
27.86
Basic Weighted Avg Shares
1,657
1,657
1,653
1,624
1,625
1,622
1,603
1,601
1,601
1,601
1,601
1,601
1,601
1,602
Sales/Revenue/Turnover
2,890
4,183
4,139
3,690
7,125
4,472
6,745
8,367
15,636
2,484
11,125
15,940
12,417
43,635
Operating Margin (%)
-2.58
21.85
8.08
5.24
33.62
8.23
38.97
31.36
58.38
-90.77
48.77
58.78
39.13
74.88
Depreciation Expense
115
118
124
121
107
94
206
210
228
276
313
355
391
403
Net Income, GAAP
1,362
1,583
957
827
2,619
1,210
2,369
3,608
4,007
729
2,879
4,373
4,804
15,423
Effective Tax Rate (%)
8.33
11.39
13.18
11.14
7.71
15.26
7.19
9.25
14.09
24.39
10.1
11.01
9.29
6.54
Profit Margin (%)
47.11
37.84
23.11
22.4
36.75
27.06
35.12
43.11
25.63
29.36
25.88
27.43
38.69
35.35
Working Capital
17,691
18,160
17,920
18,398
20,761
20,279
21,261
21,234
22,976
20,432
22,980
25,430
35,072
42,281
LT Debt
- -
- -
- -
- -
- -
- -
135
112
126
86
69
150
6,147
8,151
Total Equity
22,406
23,075
22,764
23,130
25,435
25,712
26,766
29,479
31,767
29,806
32,142
35,394
39,474
50,032
Return on Invested Capital (%)
-0.2
2.08
0.63
0.32
3.79
0.52
4.74
3.98
14.06
-3.43
7.69
9.52
3.95
25.73
Return on Capital (%)
4.32
4.48
2.73
1.9
5.13
3.17
5.59
6.5
7.39
1.76
5.89
6.61
5.74
14.55
Return on Common Equity (%)
6.19
6.97
4.18
3.61
10.81
4.74
9.05
12.86
13.12
2.38
9.32
12.99
12.88
37.55

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
84,223
80,825
100,198
LT Borrowings
6,000
4,700
8,000
LT Finance Leases
147
144
151
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,601
1,601
1,601
Market Capitalization
38,274
51,005
80,071

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
238,968
256,324
378,905
Cash, Cash Equivalents & STI
106,271
101,106
158,368
Accounts Receivable, Net
42,683
46,351
59,944
Inventories
- -
- -
- -
Total Current Liabilities
203,896
220,746
336,624
Payables & Accruals
- -
- -
- -
ST Debt
84,223
80,825
100,198
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.8%
6.22%
11.53%
Free Cash Flow
-86.47%
-49.74%
39.94%
Net Income, GAAP
58.32%
57.15%
9.86%
Sales/Revenue/Turnover
49.16%
74.35%
-22.1%
Total Cash Common Dividend
- -
45.29%
-16.67%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,367
5,394
3,783
2,396
15,940
2025
1,368
298
5,209
5,542
12,417
2026
10,554
22,330
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.08
0.76
0.34
0.48
2.73
2025
-0.04
0.37
1.34
1.33
3
2026
1.43
5.52
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.2
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -

Company Description

CEO
Sen Pu Tsai
Full Time Employees
1,861
Sector
Finance
Industry
Investment banks/Brokers
Address
No. 8, Dongxing Road Taipei TPE Taiwan 105
IPO Date
Feb 15, 1999
Business
President Securities Corporation (2855.TW) operates as a full-service securities firm in Taiwan, providing brokerage services for stocks, bonds, and derivatives; underwriting and proprietary trading; wealth management and asset allocation advisory; futures and options trading; and online trading platforms accessible via its proprietary PSCNet system. The company serves retail and institutional investors, high-net-worth individuals, and corporate clients across Taiwan, with limited cross-border offerings in Asia-Pacific markets. Founded in 1962 and headquartered in Taipei, Taiwan, it functions as an independent entity within the Taiwanese financial sector, focusing on domestic equity and fixed-income markets. Its core offerings encompass commission-based equity brokerage with real-time market data feeds; fixed-income securities distribution including government and corporate bonds; margin lending and securities repurchase agreements; investment consulting for mutual funds and ETFs; and digital services such as mobile trading apps and robo-advisory tools tailored for millennial investors. President Securities also maintains a research division producing sector-specific reports on technology, manufacturing, and financial stocks listed on the Taiwan Stock Exchange. In recent developments, the company expanded its digital infrastructure in 2024 through a strategic partnership with a leading fintech provider to enhance AI-driven trading algorithms and cybersecurity features. It completed a NT$500 million funding round in early 2025 led by domestic institutional investors to bolster its wealth management division amid rising demand for ESG-focused products. Additionally, President Securities launched a new suite of structured products tied to Taiwan Semiconductor Manufacturing Company indices in late 2024, marking its entry into thematic investment vehicles, while acquiring a minority stake in a regional futures broker to strengthen derivatives operations.