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China Development Financial Holding Corp 2883

Morningstar Rating
TWD 13.70 −0.10 (0.72%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

2883 is trading at a 13% discount.
Price
TWD 13.84
Fair Value
TWD 17.59
Uncertainty
High
1-Star Price
TWD 26.53
5-Star Price
TWD 92.33
Economic Moat
Cnhc
Capital Allocation
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News

Trading Information

Previous Close Price
TWD 13.85
Day Range
TWD 13.7013.95
52-Week Range
TWD 11.1514.60
Bid/Ask
TWD 13.70 / TWD 13.75
Market Cap
TWD 230.60 Bil
Volume/Avg
37.5 Mil / 53.3 Mil

Key Statistics

Price/Earnings (Normalized)
7.65
Price/Sales
6.32
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

China Development Financial Holding Corp is a financial services group catering to the Taiwanese and Chinese markets. The company operates under four reportable segments: Venture Capital, which engages in investing, fundraising, and the management of private equity funds; Commercial Banking, which engages in consumer banking, corporate banking, and market and financial institutions; Securities, which engages in wealth management, trading, and investment banking; and Insurance, which operates life insurance businesses. The majority of its revenue is derived from noninterest income through the insurance segment.
Sector
Financial Services
Industry
Insurance - Life
Stock Style Box
Large Value
Total Number of Employees
13,165

Comparables

Valuation

Metric
2883
2881
2890
Price/Earnings (Normalized)
7.6514.4613.69
Price/Book Value
0.931.161.47
Price/Sales
6.325.765.16
Price/Cash Flow
10.12
Price/Earnings
2883
2881
2890

Financial Strength

Metric
2883
2881
2890
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
2883
2881
2890
Return on Assets (Normalized)
0.55%0.61%0.74%
Return on Equity (Normalized)
9.04%9.46%11.44%
Return on Invested Capital (Normalized)
Return on Assets
2883
2881
2890
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Insurance - Life Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
CILJF
China Life Insurance Co Ltd Class HFdlt$101.7 Bil
PIAIF
Ping An Insurance (Group) Co. of China Ltd Class HYxcxqgdkStg$99.7 Bil
PNGAY
Ping An Insurance (Group) Co. of China Ltd ADRDks$99.7 Bil
AAGIY
AIA Group Ltd ADRDyx$88.0 Bil
AAIGF
AIA Group LtdDfmt$88.0 Bil
MET
MetLife IncPpfhlbqtwMqyqv$50.7 Bil
AFL
Aflac IncFzdlxpppzSdjgtg$48.2 Bil
MFC
Manulife Financial CorpGdbvbrqNfcc$43.9 Bil
PRU
Prudential Financial IncJjtrzkmlNdv$41.9 Bil
PUK
Prudential PLC ADRGyzcxjtxKfqlr$26.7 Bil

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