First Financial Holding Co., Ltd.

TWSE-2892

Basic

Market Cap
NT$399.07B
EV
—
Shares Out
13.62B
Revenue
NT$62.43B
Employees
10,462

Margins

Gross
—
EBITDA
—
Operating
—
Pre-Tax
45.47%
Net
36.59%
FCF
-366.75%

Returns (5Yr Avg)

ROA
0.55%
ROTA
8.94%
ROE
8.91%
ROCE
—
ROIC
0.57%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
NT$26.9
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
—
Net Debt
NT$239.06B
Debt/Equity
—
EBIT/Interest
—

Growth (CAGR)

Rev 3Yr
2.77%
Rev 5Yr
2.5%
Rev 10Yr
—
Dil EPS 3Yr
6.52%
Dil EPS 5Yr
5.42%
Dil EPS 10Yr
5.43%
Rev Fwd 2Yr
-1.82%
EBITDA Fwd 2Yr
-9.81%
EPS Fwd 2Yr
-0.26%
EPS LT Growth Est
3%

Dividends

Yield
—
Payout
50.68%
DPS
NT$0.85
DPS Growth 3Yr
0.07%
DPS Growth 5Yr
-1.27%
DPS Growth 10Yr
8.69%
DPS Growth Fwd 2Yr
0.18%

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Interest Income On Loans						53,624	46,100.8	44,846.1	66,054.4	104,026.7	108,345.5
Interest Income, Total						53,624	46,100.8	44,846.1	66,054.4	104,026.7	108,345.5
Interest On Deposits						24,019.8	15,618	10,257.8	28,085.2	71,501.7	75,995.8
Interest Expense, Total						24,019.8	15,618	10,257.8	28,085.2	71,501.7	75,995.8
Net Interest Income						29,604.2	30,482.8	34,588.3	37,969.1	32,524.9	32,349.7
Income (Loss) on Real Estate Property -					—	—	—	12.7	—	—	-57.5
Gain (Loss) on Sale of Assets						140.9	211.3	186.4	197.1	270.6	571.7
Gain (Loss) on Sale of Invest. & Securities						1,531.1	8,626.9	6,583	5,167.9	19,333.2	17,818.9
Income (Loss) on Equity Invest.						125.1	137.1	99.9	76.3	154.8	156.3
Total Other Non Interest Income						30,919.4	20,130.8	21,140.7	24,352.5	14,976	17,406.6
Non Interest Income, Total						32,716.4	29,106.2	28,022.8	29,793.7	34,734.5	35,895.9
Revenues Before Provison For Loan Losses						62,320.7	59,589	62,611.1	67,762.8	67,259.4	68,245.6
Provision For Loan Losses						3,852.2	4,511.3	3,621.5	6,576.6	5,817.6	5,817
Total Revenues						58,468.5	55,077.7	58,989.6	61,186.2	61,441.8	62,428.6
Total Revenues % Chg.						6.8%	-5.8%	7.1%	3.7%	0.4%	-0.2%
Salaries And Other Employee Benefits						15,550.9	16,131.1	17,331.6	17,818.9	18,730.5	18,968.6
Occupancy Expense						1,790.5	1,972.8	2,079.4	2,243.9	2,316.5	2,343.5
Selling General & Admin Expenses, Total						6,559.8	6,626.3	6,863.7	7,724.4	9,334.9	9,569.8
Total Other Non Interest Expense						11,256	10,707	9,274.8	8,906	2,793.3	3,154
Non Interest Expense, Total						35,157.1	35,437.2	35,549.5	36,693.2	33,175.2	34,035.9
EBT, Excl. Unusual Items						23,311.3	19,640.5	23,440.1	24,493.1	28,266.6	28,392.7
Asset Writedown						-2.8	-2	-6.7	-6.5	-4.3	-4.6
Other Unusual Items	—	—	—	—	—	—	-18.8	—	—	—	—
EBT, Incl. Unusual Items						23,308.6	19,619.7	23,433.4	24,486.6	28,262.3	28,388.2
Income Tax Expense						3,939.8	2,812.2	3,694.4	3,890.9	5,801.3	5,542.6
Earnings From Continuing Operations						19,368.8	16,807.5	19,739	20,595.7	22,461	22,845.5
Minority Interest					—	—	—	—	—	—	—
Net Income						19,368.8	16,807.5	19,739	20,595.7	22,461	22,845.5
Net Income to Common Incl Extra Items						19,368.8	16,807.5	19,739	20,595.7	22,461	22,845.5
Net Income to Common Excl. Extra Items						19,368.8	16,807.5	19,739	20,595.7	22,461	22,845.5
Total Shares Outstanding						13,620.1	13,620.1	13,620.1	13,620.1	13,620.1	13,620.1
Weighted Avg. Shares Outstanding						13,620.1	13,620.1	13,620.1	13,620.1	13,620.1	13,620.1
Weighted Avg. Shares Outstanding Dil						13,620.1	13,620.1	13,620.1	13,620.1	13,620.1	13,620.1
EPS						1.4	1.2	1.4	1.5	1.6	1.7
EPS Diluted						1.4	1.2	1.4	1.5	1.6	1.7
Effective Tax Rate						16.9%	14.3%	15.8%	15.9%	20.5%	19.5%