Financials The Shanghai Commercial & Savings Bank, Ltd.

Equities

5876

TW0005876007

Banks

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
45.05 TWD -0.33% Intraday chart for The Shanghai Commercial & Savings Bank, Ltd. +0.11% -3.74%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 232,451 183,725 211,217 213,652 226,990 218,502
Enterprise Value (EV) 1 232,451 183,725 211,217 213,652 226,990 218,502
P/E ratio 14.9 x 13.7 x 14.8 x 13.2 x 15.5 x 11.9 x
Yield 3.94% 4.14% 3.81% 4.09% - 4.66%
Capitalization / Revenue 5.68 x 4.86 x 5.53 x 4.79 x 4.6 x 4.34 x
EV / Revenue 5.68 x 4.86 x 5.53 x 4.79 x 4.6 x 4.34 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 1.52 x 1.18 x 1.34 x 1.26 x - 1.07 x
Nbr of stocks (in thousands) 4,470,206 4,470,206 4,470,206 4,850,206 4,850,206 4,850,206
Reference price 2 52.00 41.10 47.25 44.05 46.80 45.05
Announcement Date 3/29/20 3/29/21 3/14/22 3/8/23 2/27/24 -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net sales 1 40,951 37,832 38,173 44,599 49,311 50,360
EBITDA - - - - - -
EBIT 1 25,539 23,226 23,381 27,569 31,111 30,532
Operating Margin 62.36% 61.39% 61.25% 61.81% 63.09% 60.63%
Earnings before Tax (EBT) 1 24,631 21,554 22,139 23,232 21,229 28,608
Net income 1 14,661 13,463 14,256 14,938 14,660 18,445
Net margin 35.8% 35.59% 37.35% 33.49% 29.73% 36.63%
EPS 2 3.500 3.010 3.190 3.330 3.020 3.795
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 2.050 1.700 1.800 1.800 - 2.100
Announcement Date 3/29/20 3/29/21 3/14/22 3/8/23 2/27/24 -
1TWD in Million2TWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q2 2023 Q3 2023 Q4
Net sales 1 13,550 13,131 11,239
EBITDA - - -
EBIT 1 8,938 8,343 6,815
Operating Margin 65.97% 63.54% 60.64%
Earnings before Tax (EBT) 1 8,084 7,536 -885.2
Net income 1 5,510 4,912 -21.82
Net margin 40.66% 37.41% -0.19%
EPS 2 1.130 1.010 -0.0100
Dividend per Share - - -
Announcement Date 8/11/23 11/10/23 2/27/24
1TWD in Million2TWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 10.3% 8.72% 9.11% 9.12% - 9.8%
ROA (Net income/ Total Assets) 0.74% 0.64% 0.67% 0.67% - 0.8%
Assets 1 1,983,912 2,094,748 2,126,746 2,232,532 - 2,305,625
Book Value Per Share 2 34.30 34.70 35.30 35.00 - 42.30
Cash Flow per Share - - - - - -
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 3/29/20 3/29/21 3/14/22 3/8/23 2/27/24 -
1TWD in Million2TWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
45.05 TWD
Average target price
49.5 TWD
Spread / Average Target
+9.88%
Consensus
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