Risk factor
Poor trading liquidity
Profitability factor
Very low or no dividends
About
China Bills Finance Corporation provides various financial services in Taiwan. The company engages in the certification and underwriting of short-term bills, bank debentures, and foreign currency bills; brokerage and trading of short-term bills, bank debentures, government bonds, and foreign currency bills; guaranteeing short-term bills; and provision of financial consulting services to enterprises. It is also involved in the proprietary trading of and corporate and foreign bonds; equity investments; and fixed income securities trading, as well as provision of inter-bank call loans. As of December 31, 2020, the company operated a network of five branches located in Banqiao, Taoyuan, Taichung, Tainan, and Kaohsiung. China Bills Finance Corporation was incorporated in 1978 and is headquartered in Taipei City, Taiwan.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'expensive'
