China Bills Finance Corporation AI Stock Analysis
China Bills Finance Corporation (2820) AI Stock Analysis
China Bills Finance Corporation
(TWSE:2820)
The overall score of 54 reflects a high-risk, high-reward profile. The most significant factor is the company's financial position: a dramatic surge in profitability is completely overshadowed by an alarming increase in debt, creating a precarious financial structure. This is compounded by weak technical momentum, with the stock in a clear downtrend. The primary support for the score comes from an attractive valuation, with a low P/E ratio and a high dividend yield, which may appeal to deep-value and income-oriented investors willing to accept the substantial balance sheet risk.
China Bills Finance Corporation (2820) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 22.16B
- Dividend Yield
- 5.50%
- Average Volume (3M)
- 2.89M
- Price to Earnings (P/E)
- 9.2
- Beta (1Y)
- 0.10
- Revenue Growth
- 16.26%
- EPS Growth
- 40.64%
- Country
- TW
- Employees
- 166
- Sector
- General
- Sector Strength
- 55
- Industry
- Investment - Banking & Investment Services
China Bills Finance Corporation Business Overview & Revenue Model
Company Description
China Bills Finance Corporation provides various financial services in Taiwan. The company engages in the certification and underwriting of short-term bills and bank debentures; brokerage and trading of short-term bills, bank debentures, government a...
China Bills Finance Corporation Financial Statement Overview
Summary
Financial performance is a tale of two extremes. The income statement shows a stellar recovery with 99% gross margin and 25.8% net margin, but the balance sheet has taken on extreme risk with a debt-to-equity ratio of 8.4x. Cash flow has turned positive but is highly volatile. The overall financial health is precarious, balancing excellent current profitability against a massive, newly acquired debt burden.
Income Statement
75PositiveBalance Sheet
30NegativeCash Flow
60Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.71B | 6.96B | 6.10B | 4.91B | 2.83B | 3.30B |
| Gross Profit | 6.69B | 6.89B | 2.24B | 2.02B | 1.62B | 2.84B |
| EBITDA | 5.71B | 6.24B | 1.68B | 1.55B | 1.23B | 2.34B |
| Net Income | 2.26B | 1.80B | 1.37B | 1.29B | 1.04B | 1.86B |
Balance Sheet | ||||||
| Total Assets | 273.03B | 265.12B | 252.73B | 222.36B | 207.66B | 228.73B |
| Cash, Cash Equivalents and Short-Term Investments | 346.99M | 368.64M | 877.60M | 267.74M | 557.56M | 554.60M |
| Total Debt | 241.08B | 234.30B | 2.89M | 17.34M | 32.62M | 4.50B |
| Total Liabilities | 245.16B | 237.29B | 227.50B | 197.42B | 185.68B | 203.18B |
| Stockholders Equity | 27.87B | 27.83B | 25.22B | 24.93B | 21.98B | 25.56B |
Cash Flow | ||||||
| Free Cash Flow | -10.34B | 2.09B | -1.60B | -5.99B | 3.32B | -1.54B |
| Operating Cash Flow | -10.33B | 2.10B | -1.58B | -5.99B | 3.32B | -1.54B |
| Investing Cash Flow | -989.94M | -10.40B | -19.77M | -12.49M | -6.68M | 41.74M |
| Financing Cash Flow | 11.34B | 7.80B | 2.21B | 5.71B | -3.31B | 1.78B |
China Bills Finance Corporation Peers Comparison
Overall Rating
TW:290558Neutral
TW:283657Neutral
TW:370356Neutral- TW:282054Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:2905 | 58Neutral | TWD 17.74B | 5.90 | ― | 1.88% | -5.93% | ― |
| TW:2836 | 57Neutral | TWD 21.65B | 15.33 | ― | 3.43% | 2.92% | 26.83% |
| TW:3703 | 56Neutral | TWD 19.63B | 8.40 | ― | 4.55% | 17.98% | 267.52% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:2820 | 54Neutral | TWD 21.96B | 9.19 | ― | 5.50% | 16.26% | 40.64% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:2820 | China Bills Finance Corporation | 16.35 | 0.64 | 4.07% | |
| TW:01002T | Cathay No. 1 Real Estate Investment Trust | 12.45 | -1.64 | -11.61% | |
| TW:2836 | Bank of Kaohsiung Co., Ltd. | 11.65 | 0.09 | 0.75% | |
| TW:2905 | Mercuries & Associates, Holding Ltd. | 16.00 | 1.75 | 12.28% | |
| TW:3703 | Continental Holdings Corp. | 23.10 | 2.27 | 10.91% | |
| TW:5859 | Farglory Life Insurance Co. Ltd. | 14.25 | -0.47 | -3.19% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 09, 2026