Balance Sheet Mega Financial Holding Co., Ltd.

Equities

2886

TW0002886009

Banks

End-of-day quote Taiwan S.E. Other stock markets 2025-06-13			5-day change	1st Jan Change
40.85 ^TWD	+1.11%		+1.62%	+5.56%

May. 20	Mega Financial to Issue Up to NT$10 Billion Bonds	MT
May. 20	Mega Financial Holding Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2025	CI

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Published financial data: MEGA FINANCIAL HOLDING CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Interest Income On Loans	49.72B	42.8B	69.94B	118B	130B
Interest Income, Total	49.72B	42.8B	69.94B	118B	130B
Interest On Deposits	18.17B	10.33B	32.25B	81.51B	93.33B
Interest Expense, Total	18.17B	10.33B	32.25B	81.51B	93.33B
Net Interest Income	31.55B	32.47B	37.68B	36.06B	36.79B
Gain (Loss) on Sale of Loans	-	-	-	-	-
Income (Loss) on Real Estate Property	-	-	-	-	-
Gain (Loss) on Sale of Assets	-13.41M	8.34M	834K	153M	23.28M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	5.31B	2.92B	9.78B	26.72B	24.67B
Income (Loss) on Equity Invest. (Income Block)	-19.63M	125M	-127M	-78.45M	83.61M
Total Other Non Interest Income	23.94B	24.69B	8.71B	14.46B	21.93B
Non Interest Income, Total	29.22B	27.75B	18.36B	41.26B	46.7B
Revenues Before Provison For Loan Losses	60.77B	60.22B	56.04B	77.32B	83.49B
Provision For Loan Losses	2.15B	1.9B	2.88B	9.11B	7.69B
Total Revenues	58.61B	58.31B	53.17B	68.2B	75.8B
Salaries And Other Employee Benefits	19.74B	20.15B	19.59B	21.49B	23.28B
Occupancy Expense	1.54B	1.6B	2.25B	2.39B	2.54B
Selling General & Admin Expenses, Total	7.82B	7.86B	7.83B	9.62B	10.43B
Total Other Non Interest Expense	227M	64.52M	2.36B	-2.34B	454M
Non Interest Expense, Total	29.33B	29.67B	32.03B	31.16B	36.7B
EBT, Excl. Unusual Items	29.29B	28.64B	21.14B	37.04B	39.1B
Asset Writedown	43.67M	12.5M	7.25M	5.13M	-8.24M
EBT, Incl. Unusual Items	29.33B	28.66B	21.14B	37.05B	39.09B
Income Tax Expense	4.31B	2.93B	2.81B	3.8B	4.33B
Earnings From Continuing Operations	25.02B	25.73B	18.33B	33.25B	34.77B
Net Income to Company	25.02B	25.73B	18.33B	33.25B	34.77B
Minority Interest	-	-	-	-	-
Net Income - (IS)	25.02B	25.73B	18.33B	33.25B	34.77B
Net Income to Common Incl Extra Items	25.02B	25.73B	18.33B	33.25B	34.77B
Net Income to Common Excl. Extra Items	25.02B	25.73B	18.33B	33.25B	34.77B
Per Share Items
Net EPS - Basic	1.73	1.78	1.27	2.3	2.35
Basic EPS - Continuing Operations	1.73	1.78	1.27	2.3	2.35
Basic Weighted Average Shares Outstanding	14.47B	14.47B	14.47B	14.47B	14.81B
Net EPS - Diluted	1.73	1.78	1.27	2.3	2.35
Diluted EPS - Continuing Operations	1.73	1.78	1.27	2.3	2.35
Diluted Weighted Average Shares Outstanding	14.47B	14.47B	14.47B	14.47B	14.81B
Normalized Basic EPS	1.26	1.24	0.91	1.6	1.65
Normalized Diluted EPS	1.26	1.24	0.91	1.6	1.65
Dividend Per Share	1.48	1.32	1.19	1.46	1.6
Payout Ratio	82.89	76.71	93.15	46.63	55.89
Supplemental Items
Effective Tax Rate - (Ratio)	14.7	10.21	13.29	10.26	11.07
Total Current Taxes	4.14B	4.35B	2.89B	3.85B	4.45B
Total Deferred Taxes	170M	-1.43B	-82.59M	-51.62M	-126M
Normalized Net Income	18.3B	17.9B	13.21B	23.15B	24.44B
Non-Cash Pension Expense	244M	226M	268M	329M	318M
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	302M	-
Total Stock-Based Compensation	-	-	-	302M	-

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	119B	141B	114B	139B	104B
Investment Securities, Total	1,102B	1,191B	1,082B	1,170B	1,228B
Trading Asset Securities, Total	229B	203B	205B	228B	249B
Total investments	1,330B	1,394B	1,286B	1,398B	1,477B
Gross Loans	2,101B	2,263B	2,254B	2,431B	2,576B
Allowance For Loan Losses	-30.75B	-31.83B	-33.37B	-37.11B	-41.04B
Net Loans	2,070B	2,231B	2,220B	2,394B	2,535B
Gross Property Plant And Equipment	37.11B	37.21B	37.79B	39.13B	39.83B
Accumulated Depreciation	-13.33B	-13.71B	-14.27B	-15.01B	-15.62B
Net Property Plant And Equipment	23.78B	23.5B	23.52B	24.12B	24.21B
Other Intangibles, Total	961M	1.02B	1.32B	1.41B	1.52B
Investment in Real Estate	1.11B	1.34B	1.54B	2.02B	2.07B
Accrued Interest Receivable	6.91B	6.52B	11.45B	15.33B	15.81B
Other Receivables	18.47B	19.97B	32.57B	21.76B	37.27B
Restricted Cash	221B	273B	297B	318B	392B
Other Current Assets, Total	53.86B	58.74B	43.95B	54.13B	55.45B
Deferred Tax Assets Long-Term (Collected)	5.63B	6.51B	7B	7.22B	6.63B
Other Long-Term Assets, Total	4.91B	12.31B	22.39B	19.94B	20.64B
Total Assets	3,856B	4,168B	4,061B	4,395B	4,672B
Liabilities
Accounts Payable, Total	15.71B	12B	4.68B	14.56B	7.18B
Accrued Expenses, Total	6.52B	6.49B	7B	8.54B	8.9B
Interest Bearing Deposits	1,984B	2,175B	2,154B	2,492B	2,079B
Non-Interest Bearing Deposits	812B	937B	871B	806B	1,441B
Total Deposits	2,796B	3,112B	3,025B	3,298B	3,520B
Short-Term Borrowings	446B	423B	460B	516B	533B
Current Portion of Long-Term Debt	20.36B	46.89B	3.25B	2.87B	2.66B
Current Portion of Leases	590M	512M	379M	449M	541M
Long-Term Debt	103B	89.29B	109B	60.42B	70.4B
Long-Term Leases	1.29B	1.39B	1.58B	1.69B	1.51B
Current Income Taxes Payable	11.01B	12.3B	10.75B	10.53B	8.42B
Accrued Interest Payable	2.12B	1.79B	5.03B	10.11B	9.58B
Other Current Liabilities - (Bank / Utility Template)	43.55B	51.34B	49.04B	65.77B	68.99B
Unearned Revenue Non Current	4.24B	4.57B	4.81B	5.14B	5.66B
Pension & Other Post Retirement Benefits	14.86B	14.68B	12.3B	13.39B	12.32B
Deferred Tax Liability Non-Current	3.37B	2.64B	2.48B	2.77B	2.2B
Other Non Current Liabilities	61.06B	61.03B	65.97B	48.85B	55.95B
Total Liabilities	3,530B	3,840B	3,761B	4,059B	4,308B
Common Stock, Total	136B	136B	139B	141B	148B
Additional Paid In Capital	68.19B	68.19B	68.19B	68.5B	32.21B
Retained Earnings	108B	113B	108B	122B	138B
Comprehensive Income and Other	14.19B	11.16B	-15.33B	4.53B	45.91B
Total Common Equity	327B	328B	300B	336B	364B
Minority Interest	-	-	-	-	-
Total Equity	327B	328B	300B	336B	364B
Total Liabilities And Equity	3,856B	4,168B	4,061B	4,395B	4,672B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	14.47B	14.47B	14.47B	14.47B	14.83B
ECS Total Common Shares Outstanding	14.47B	14.47B	14.47B	14.47B	14.83B
Book Value / Share	22.57	22.69	20.72	23.2	24.54
Tangible Book Value	326B	327B	298B	334B	363B
Tangible Book Value Per Share	22.5	22.62	20.62	23.11	24.44
Average Loans	-	-	4.15M	4.93M	1.91M
Total Debt	571B	561B	574B	581B	608B
Deposits at Interest - Cash	298B	392B	416B	440B	440B
Debt Equivalent of Unfunded Proj. Benefit Obligation	14.85B	14.67B	12.29B	13.37B	12.29B
Net Debt	212B	210B	255B	208B	248B
Equity Method Investments, Total	5.52B	5.45B	4.94B	5.77B	5.41B
Full Time Employees	9.67K	9.59K	9.79K	10.02K	10.15K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	25.02B	25.73B	18.33B	33.25B	34.77B
Depreciation, Depletion & Amortization	1.47B	1.52B	1.61B	1.64B	1.72B
Amortization of Goodwill and Intangible Assets - (CF)	76.91M	78.46M	646M	756M	819M
Total Depreciation, Depletion & Amortization	1.54B	1.6B	2.25B	2.39B	2.54B
Gain (Loss) on Sale of Loans & Receivables - (CF)	-	-	-	3.76M	-
(Gain) Loss On Sale of Asset - (CF)	-335M	-12.99M	-834K	-131M	-23.28M
(Gain) Loss on Sale of Investments - (CF)	106M	12.12M	-133M	81.91M	-49.47M
Total Asset Writedown	-43.67M	-12.44M	-7.25M	-5.13M	8.24M
Provision for Credit Losses	2.15B	1.9B	2.88B	9.11B	7.69B
(Income) Loss On Equity Investments - (CF)	19.63M	-125M	127M	78.45M	-83.61M
Stock-Based Compensation (CF)	-	-	-	302M	-
Change in Trading Asset Securities	-41.88B	40.59B	-16.1B	-36.86B	-40.98B
Change in Accounts Payable	-	-5.95B	-	-	-5.62B
Change in Other Net Operating Assets (Collected)	-293B	-299B	139B	-205B	-220B
Other Operating Activities	2.41B	445M	-648M	-754M	-5.03B
Cash from Operations	-304B	-235B	146B	-198B	-227B
Capital Expenditure	-774M	-936M	-1.08B	-1.35B	-1.27B
Sale of Property, Plant, and Equipment	2.16M	13.96M	1.26M	46.33M	30.02M
Purchase / Sale of Intangible Assets	-734M	-595M	-1.02B	-822M	-905M
Sale (Purchase) of Real Estate Properties (Collected)	518M	22.84M	-105M	-489M	-55.14M
Investment in Marketable and Equity Securities, Total	-	-	43.35M	-686M	35.54M
Other Investing Activities, Total	-	-	-	113M	-
Cash from Investing	-988M	-1.49B	-2.17B	-3.19B	-2.17B
Short Term Debt Issued, Total	2.42B	10.53B	-	17.77B	-
Long-Term Debt Issued, Total	6B	27.45B	30.09B	11.5B	13.5B
Total Debt Issued	8.42B	37.98B	30.09B	29.27B	13.5B
Short Term Debt Repaid, Total	-	-	-10.26B	-	-2.94B
Long-Term Debt Repaid, Total	-4.5B	-12.56B	-44.2B	-7.48B	-4.11B
Total Debt Repaid	-4.5B	-12.56B	-54.47B	-7.48B	-7.05B
Issuance of Common Stock	-	-	-	1.39B	10.16B
Common Dividends Paid	-20.74B	-19.74B	-17.08B	-15.5B	-19.43B
Common & Preferred Stock Dividends Paid	-20.74B	-19.74B	-17.08B	-15.5B	-19.43B
Net Increase (Decrease) in Deposit Accounts - (CF)	139B	326B	-80.2B	223B	222B
Other Financing Activities, Total	1.22B	1.57B	2.21B	-5.34B	7.4B
Cash from Financing	123B	333B	-119B	226B	226B
Foreign Exchange Rate Adjustments	-1.88B	-1.15B	2.78B	328M	1.86B
Net Change in Cash	-184B	95.46B	26.8B	25.03B	-681M
Supplemental Items
Cash Interest Paid	20.52B	10.67B	29.03B	76.45B	93.86B
Cash Income Tax Paid (Refund)	1.84B	3.01B	4.44B	3.76B	9.11B
Net Debt Issued / Repaid	3.92B	25.42B	-24.38B	21.79B	6.45B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.66	0.64	0.45	0.79	0.77
Return On Equity %	7.69	7.86	5.84	10.46	9.94
Return on Common Equity	7.69	7.86	5.84	10.46	9.94
Shareholders Value Added	-13.94B	-13.49B	-18.71B	-4.13B	-6.41B
Margin Analysis
SG&A Margin	49.65	50.77	55.81	49.12	47.82
Net Interest Income / Total Revenues %	53.83	55.68	70.88	52.87	48.54
EBT Excl. Non-Recurring Items Margin %	49.97	49.12	39.76	54.31	51.58
Income From Continuing Operations Margin %	42.68	44.12	34.49	48.75	45.86
Net Income Margin %	42.68	44.12	34.49	48.75	45.86
Net Avail. For Common Margin %	42.68	44.12	34.49	48.75	45.86
Normalized Net Income Margin	31.23	30.7	24.85	33.95	32.24
Asset quality
Nonperforming Loans / Total Loans %	0.2	0.24	0.16	0.16	0.26
Nonperforming Loans / Total Assets %	0.11	0.13	0.09	0.09	0.14
Nonperforming Assets / Total Assets %	0.11	0.13	0.09	0.09	0.14
NPAs / Loans and OREO	0.2	0.24	0.16	0.16	0.26
NPAs / Equity	1.3	1.67	1.18	1.16	1.81
Allowance for Credit Losses / Net Charge-offs %	1.19K	3.94K	1.69K	1.21K	1.44K
Allowance for Credit Losses / Nonperforming Loans %	723.07	580.37	939.81	954.4	623.91
Allowance for Credit Losses / Total Loans %	1.46	1.41	1.48	1.53	1.59
Net Charge-offs / Total Average Loans %	-	-	47.74K	62.43K	149K
Provision for Loan Losses / Net Charge-offs %	83.5	235.79	145.27	296.01	270.22
Earning Assets / IBL	-	-	-	-	-
Capital And Funding
Total Average Common Equity / Total Average Assets %	8.63	8.16	7.63	7.52	7.72
Total Average Equity / Total Average Assets %	8.63	8.16	7.63	7.52	7.72
Total Equity + Allowance for Loan Losses / Total Loans %	17.01	15.92	14.78	15.34	15.72
Gross Loans / Total Deposits %	75.15	72.72	74.5	73.7	73.18
Net Loans / Total Deposits %	74.05	71.7	73.4	72.58	72.02
Coverage Ratio	207.64	247.86	278.03	245.22	255.54
Interbank Ratio	71.59	84.71	63.79	24.66	21.97
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	2.61	3.77	1.66	1.45	1.42
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	-10.03	2.91	16.06	-4.3	2.03
Non Interest Income, 1 Yr. Growth %	-3.26	-5.02	-33.84	124.71	13.2
Provision For Loan Losses, 1 Yr. Growth %	213.1	-11.49	51.05	216.87	-15.61
Total Revenues, 1 Yr. Growth %	-9.24	-0.51	-8.83	28.28	11.14
Earnings From Cont. Operations, 1 Yr. Growth %	-13.6	2.85	-28.74	81.33	4.57
Net Income, 1 Yr. Growth %	-13.6	2.85	-28.74	81.33	4.57
Normalized Net Income, 1 Yr. Growth %	-12.96	-2.2	-26.21	75.25	5.55
Diluted EPS Before Extra, 1 Yr. Growth %	-13.6	2.85	-28.74	81.33	2.2
Dividend Per Share, 1 Yr. Growth %	-7.06	-11.4	-9.21	21.94	9.87
Gross Loans, 1 Yr. Growth %	-2.35	7.71	-0.41	6.67	5.98
Allowance For Loan Losses, 1 Yr. Growth %	-2.08	3.54	4.83	11.2	10.61
Net Loans, 1 Yr. Growth %	-2.35	7.77	-0.49	6.6	5.91
Non Performing Loans, 1 Yr. Growth %	53.77	28.99	-35.27	9.5	69.2
Non Performing Assets, 1 Yr. Growth %	53.77	28.99	-35.27	9.5	69.2
Total Assets, 1 Yr. Growth %	4.69	8.09	-2.57	8.22	6.3
Total Deposits, 1 Yr Growth %	6.51	11.3	-2.8	7.31	6.74
Tangible Book Value, 1 Yr. Growth %	0.67	0.54	-8.82	12.03	8.41
Average Interest Earning Assets, 1 Yr. Growth %	-0.06	-1.45	-1.4	3.78	15.04
Average Interest Bearing Liabilities, 1 Yr. Growth %	-	-	-	-	-
Common Equity, 1 Yr. Growth %	0.78	0.55	-8.71	12.01	8.41
Total Equity, 1 Yr. Growth %	0.78	0.55	-8.71	12.01	8.41
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	-8.93	-3.78	9.29	5.39	-1.19
Non Interest Income, 2 Yr. CAGR %	11.23	-4.14	-20.73	21.93	59.49
Provision For Loan Losses, 2 Yr. CAGR %	1.06	66.47	15.63	118.77	63.52
Total Revenues, 2 Yr. CAGR %	-0.79	-4.97	-4.76	8.15	19.4
Earnings From Cont. Operations, 2 Yr. CAGR %	-5.63	-5.73	-14.39	13.67	37.7
Net Income, 2 Yr. CAGR %	-5.66	-5.73	-14.39	13.67	37.7
Normalized Net Income, 2 Yr. CAGR %	-2.87	-7.73	-15.05	13.72	36.01
Diluted EPS Before Extra, 2 Yr. CAGR %	-5.66	-5.73	-14.39	13.67	36.13
Dividend Per Share, 2 Yr. CAGR %	-3.6	-9.25	-10.31	5.22	15.75
Gross Loans, 2 Yr. CAGR %	-1.14	2.56	3.57	3.64	6.33
Allowance For Loan Losses, 2 Yr. CAGR %	-2.25	0.69	4.18	7.97	10.9
Net Loans, 2 Yr. CAGR %	-1.12	2.58	3.56	3.58	6.26
Non Performing Loans, 2 Yr. CAGR %	22.93	40.84	-8.62	-15.81	36.11
Non Performing Assets, 2 Yr. CAGR %	22.93	40.84	-8.62	-15.81	36.11
Total Assets, 2 Yr. CAGR %	4.34	6.38	2.62	2.68	7.25
Total Deposits, 2 Yr CAGR %	5.76	8.88	4.01	2.95	7.03
Tangible Book Value, 2 Yr. CAGR %	1.88	0.61	-4.26	1.07	10.2
Average Interest Earning Assets, 2 Yr. CAGR %	0.16	-0.76	-1.42	1.16	9.27
Average Interest Bearing Liabilities, 2 Yr. CAGR %	-	-	-	-	-
Common Equity, 2 Yr. CAGR %	1.95	0.67	-4.19	1.12	10.19
Total Equity, 2 Yr. CAGR %	1.94	0.67	-4.19	1.12	10.19
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	-4.2	-5.15	2.43	4.55	4.26
Non Interest Income, 3 Yr. CAGR %	7.14	5.53	-15.29	12.19	18.95
Provision For Loan Losses, 3 Yr. CAGR %	-20.84	-3.31	61.16	61.81	59.25
Total Revenues, 3 Yr. CAGR %	1.96	-0.7	-6.28	5.18	9.14
Earnings From Cont. Operations, 3 Yr. CAGR %	-0.93	-2.89	-14.13	9.94	10.55
Net Income, 3 Yr. CAGR %	-0.94	-2.9	-14.13	9.94	10.55
Normalized Net Income, 3 Yr. CAGR %	0.03	-2.65	-14.36	8.15	10.93
Diluted EPS Before Extra, 3 Yr. CAGR %	-0.94	-2.9	-14.13	9.94	9.71
Dividend Per Share, 3 Yr. CAGR %	1.75	-6.27	-9.24	-0.64	6.74
Gross Loans, 3 Yr. CAGR %	0.72	1.72	1.56	4.98	4.42
Allowance For Loan Losses, 3 Yr. CAGR %	2.74	-0.36	2.05	6.47	8.84
Net Loans, 3 Yr. CAGR %	0.69	1.76	1.55	4.96	4.35
Non Performing Loans, 3 Yr. CAGR %	23.09	24.92	8.69	-2.94	6.25
Non Performing Assets, 3 Yr. CAGR %	23.09	24.92	8.69	-2.94	6.25
Total Assets, 3 Yr. CAGR %	2.82	5.58	3.31	4.45	3.87
Total Deposits, 3 Yr CAGR %	2.14	7.57	4.84	5.66	4.19
Tangible Book Value, 3 Yr. CAGR %	3.04	1.43	-2.64	0.89	3.46
Average Interest Earning Assets, 3 Yr. CAGR %	0.35	-0.38	-0.97	0.28	5.59
Average Interest Bearing Liabilities, 3 Yr. CAGR %	-	-	-	-	-
Common Equity, 3 Yr. CAGR %	3.09	1.48	-2.56	0.93	3.49
Total Equity, 3 Yr. CAGR %	3.09	1.48	-2.56	0.93	3.49
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	-3.49	-2.94	0.99	-1.06	0.97
Non Interest Income, 5 Yr. CAGR %	5.39	9.86	-5.02	11.81	9.11
Provision For Loan Losses, 5 Yr. CAGR %	38.22	-12.02	-7.88	34.04	62.1
Total Revenues, 5 Yr. CAGR %	-0.66	2.55	-0.78	2.75	3.26
Earnings From Cont. Operations, 5 Yr. CAGR %	-3.09	2.77	-6.55	3.43	3.73
Net Income, 5 Yr. CAGR %	-3.19	2.76	-6.56	3.41	3.72
Normalized Net Income, 5 Yr. CAGR %	-3.65	0.52	-6.3	3.6	3.05
Diluted EPS Before Extra, 5 Yr. CAGR %	-4.78	2.76	-6.56	3.41	3.25
Dividend Per Share, 5 Yr. CAGR %	1.04	-0.28	-3.26	-1.83	0.03
Gross Loans, 5 Yr. CAGR %	0.64	2.63	1.85	2.49	3.67
Allowance For Loan Losses, 5 Yr. CAGR %	5.55	3.58	3.31	2.89	5.5
Net Loans, 5 Yr. CAGR %	0.58	2.61	1.83	2.48	3.64
Non Performing Loans, 5 Yr. CAGR %	21.45	24.16	9.27	6.68	18.93
Non Performing Assets, 5 Yr. CAGR %	21.45	24.16	9.27	6.68	18.93
Total Assets, 5 Yr. CAGR %	2.56	4.66	2.74	4.41	4.87
Total Deposits, 5 Yr CAGR %	3.15	5.98	2.89	5.7	6.04
Tangible Book Value, 5 Yr. CAGR %	2.13	2.33	0.06	1.28	2.31
Average Interest Earning Assets, 5 Yr. CAGR %	4.78	0.66	-0.37	0.23	3
Common Equity, 5 Yr. CAGR %	2.17	2.38	0.12	1.34	2.35
Total Equity, 5 Yr. CAGR %	2.16	2.38	0.11	1.34	2.35