Shanghai Commercial & Savings Bank Ltd

Shanghai Commercial & Savings Bank Ltd maintains a capital structure characterized by total assets of 2,440,675,696,000 TWD and total equity of 204,980,689,000 TWD. The bank holds long-term debt of 73,976,802,000 TWD, resulting in a debt-to-equity ratio of 0.36. Liquidity risk is assessed as medium, with a key flag noting that net cash is negative after subtracting total debt. Operating cash flow stands at -29,150,004,000 TWD, while free cash flow is positive at 9,289,087,000 TWD, supported by capital expenditures of -847,457,000 TWD.

Profitability metrics indicate a return on equity (ROE) of 0.0674 and a return on assets (ROA) of 0.0057. The bank reported net income of 14,827,654,000 TWD against revenue of 36,798,341,000 TWD. Valuation multiples include a price-to-earnings ratio of 14.65 and a price-to-book ratio of 0.99, suggesting the market values the equity near its book value. The enterprise value to revenue ratio is 7.1.

Segment and geographic revenue concentration data is not provided in the available source documents. The analysis relies on aggregate financial figures without breakdown by business line or region.

Growth trajectory analysis is limited due to the absence of historical period data in the input. The current revenue figure of 36,798,341,000 TWD serves as the baseline for the latest normalized period. No year-over-year or quarter-over-quarter trends can be derived from the provided data.

Risk assessment highlights medium liquidity risk and low dilution risk. The primary financial flag is the negative net cash position after debt subtraction. Dilution risk is low, with basic and diluted shares outstanding both at 4,850,206,000.

Recent observations include analyst estimates with a mean price target of 48.00 TWD and a mean recommendation of 1.00 (strong buy). The high, low, and median price targets are all 48.00 TWD, with one strong-buy count and zero buy or hold counts. Competitor context lists JPMorgan Chase, Bank of America, and Citigroup, but no comparative metrics are provided.

Free cash flow surged 50.6% year-over-year to TWD 9.3 billion, demonstrating strong liquidity generation capabilities.

Net income rose 10.0% to TWD 14.8 billion, indicating resilient profitability despite broader revenue headwinds.

The stock trades at 0.99x price-to-book, offering a valuation discount relative to its tangible book value.

Analysts assign a strong buy rating with a target price implying 19.7% upside from current levels.

Revenue declined 4.9% year-over-year to TWD 36.8 billion, reflecting weakening top-line growth momentum.

Cash conversion ratio sits in the bottom quartile of the bank cohort, indicating poor cash generation efficiency.

Return on assets of 0.57% remains low, highlighting limited profitability relative to the total asset base.

The company faces medium liquidity risk, which could constrain operational flexibility during market stress periods.

Revenue TWD 36.80B, −4,9% YoY; Net income +10,0% YoY.

• ▍Revenue TWD 36.80B, −4,9% YoY
• ▍Net income +10,0% YoY
• ▍Free cash flow +50,6% YoY
• ▍Net margin 40.3%

Revenue TWD 38.71B, −1,1% YoY; Net income −8,1% YoY.

• ▍Revenue TWD 38.71B, −1,1% YoY
• ▍Net income −8,1% YoY
• ▍Free cash flow −28,8% YoY
• ▍Net margin 34.8%

Revenue TWD 39.15B, +17,8% YoY; Net income −1,9% YoY.

• ▍Revenue TWD 39.15B, +17,8% YoY
• ▍Net income −1,9% YoY
• ▍Free cash flow −24,3% YoY
• ▍Net margin 37.4%

Revenue TWD 33.24B, +25,6% YoY; Net income +4,8% YoY.

• ▍Revenue TWD 33.24B, +25,6% YoY
• ▍Net income +4,8% YoY
• ▍Free cash flow −2,7% YoY
• ▍Net margin 44.9%

Revenue TWD 26.47B; Net margin 53.9%.

• ▍Revenue TWD 26.47B
• ▍Net margin 53.9%