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IBF Financial Holdings Co., Ltd.

IBF Financial Holdings Co., Ltd.

TTWSE:2889
16.95
TWD
+0.05
(+0.30%)
0.78EPS
26.21P/E
59.61BMarket Cap
Nov 24Next 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
1.12
1.35
1.4
1.46
1.68
1.58
2.06
2.56
3.09
1.82
2.01
2.32
2.38
2.38
Basic EPS, GAAP
0.39
0.5
0.46
0.63
0.71
0.61
0.79
0.97
1.17
0.39
0.55
0.6
0.63
0.63
Free Cash Flow per Basic Share
-1.19
-1.03
1.26
-1.65
-5.88
3.87
3.29
-1.25
-2.21
2.5
-2.64
0.44
-1.76
-1.76
Dividend per Share
0.13
0.17
0.22
0.21
0.44
0.54
0.38
0.55
0.57
0.58
- -
0.69
0.29
- -
Book Value per Share
8.25
8.61
8.97
9.28
9.62
9.66
10.66
11.46
11.65
10.1
11.6
11.55
12.7
12.7
Tangible Book Value per Share
8.08
8.48
8.86
9.17
9.56
9.59
10.6
11.39
11.58
10.02
11.53
11.48
12.63
12.63
Basic Weighted Avg Shares
3,434
3,434
3,419
3,349
3,348
3,324
3,343
3,340
3,306
3,336
3,634
3,634
3,666
3,668
Sales/Revenue/Turnover
3,852
4,634
4,793
4,898
5,642
5,257
6,902
8,548
10,220
6,058
7,321
8,420
8,728
8,728
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
109
102
102
92
92
92
205
206
215
256
260
278
293
293
Net Income, GAAP
1,350
1,733
1,563
2,110
2,371
2,022
2,630
3,248
3,884
1,288
2,000
2,171
2,296
2,296
Effective Tax Rate (%)
14.64
12.73
19.13
16.86
15.66
18.51
15.77
21.25
16.21
26.52
21.1
19.46
19.9
19.9
Profit Margin (%)
35.05
37.39
32.62
43.08
42.02
38.45
38.1
38
38
21.26
27.32
25.78
26.3
26.3
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
4,593
10,139
7,901
8,211
11,231
11,924
13,410
19,855
22,490
14,507
20,603
28,082
37,150
37,150
Total Equity
32,298
33,648
34,381
35,033
35,929
36,121
39,829
42,738
44,184
42,165
48,793
49,452
54,102
54,102
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
3.58
4.11
3.56
4.73
4.86
3.97
4.45
4.77
4.89
1.49
2.4
2.1
2.04
2.04
Return on Common Equity (%)
4.81
5.98
5.22
6.89
7.5
6.24
7.72
8.79
10.07
3.41
5.08
5.16
5.21
5.21

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
- -
- -
- -
Shares Outstanding
3,634
3,634
3,634
Market Capitalization
47,089
55,463
59,605

Working Capital

TWD

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
4,320
4,726
3,945
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
4.78%
5.06%
9.4%
Free Cash Flow
-125.9%
-193.97%
-499.45%
Net Income, GAAP
10.85%
4.46%
5.73%
Sales/Revenue/Turnover
8.41%
3.67%
3.66%
Total Cash Common Dividend
- -
- -
-57.89%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1,868
1,833
1,869
1,750
7,321
2024
2,092
2,180
2,084
2,064
8,420
2025
1,754
1,542
2,849
2,584
8,728

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.17
0.14
0.13
0.11
0.55
2024
0.17
0.16
0.13
0.13
0.6
2025
0.11
0.07
0.29
0.16
0.63

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
0.69
2025
- -
- -
- -
- -
0.29

Company Description

Company Profile APIChatGPT
CEO
Ying Wu
Full Time Employees
1,573
Sector
Finance
Industry
Investment banks/Brokers
Address
IBF Financial Holdings Building Taipei TPE Taiwan 104
IPO Date
Mar 26, 2002
Website
ibf.com.tw
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Business
IBF Financial Holdings Co., Ltd. (2889.TW) operates as a Taiwan-based financial holding company engaged primarily in bills finance, securities brokerage, and related financial services for individual and corporate clients. The company, through its subsidiaries, provides brokerage and proprietary trading of short-term bills and bonds; underwriting, certification, endorsements, and guarantees of short-term bills; trading and underwriting of securities such as commercial papers and bonds; consignment trading of securities; securities brokerage, proprietary trading, underwriting, margin purchases, short selling, and lending and borrowing of securities; research and analysis for securities investment and discretionary services; venture capital and management consulting; futures brokerage; general investment activities; and agency and financial leasing of real estate and movables. Incorporated in 2002 and headquartered at IBF Financial Holdings Building, 17th Floor, No. 128, Lequn 3rd Road, Zhongshan District, Taipei 104, Taiwan, it conducts operations principally within Taiwan and employs approximately 1,596 people. Recent developments include the re-election of Chi-Lin Wei as chairman of subsidiary International Bills Finance Corp. (IBFC) by IBF directors in 2023 and the relocation of IBFC's Taipei head office to floors 8-10, No. 128, Lequn 3rd Road, Zhongshan District; shareholder approval on May 31, 2023, to restart the acquisition of EnTie Commercial Bank Co., Ltd., following a regulatory rejection in January 2022 due to concerns over shareholder support, financial soundness, funding sources, synergies, and employee placement plans; and on December 12, 2025, board appointment of Chen Guan-Zhou as the holding company's general manager succeeding Su Song-Hui, alongside Chairman Wei Qi-Lin assuming the role of Bills Finance Association chairman after 18 years.