Cathay Financial Holdings Management and Financial Performance

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Credit: pexels.com, Cathay Pacific airplane taking off, featuring aircraft and aviation scene.

Cathay Financial Holdings is a Taiwanese financial services company that has been in operation since 1994. It is a subsidiary of Cathay Life Insurance, one of the largest life insurers in Taiwan.

The company's management is led by Chairman and CEO, Eugene Chung. Chung has been instrumental in driving the company's growth and expansion into new markets.

Cathay Financial Holdings has a diverse range of financial services, including banking, insurance, and securities. The company's financial performance is strong, with a net profit of NT$23.8 billion in 2020.

The company's financial performance is driven by its robust risk management and asset management capabilities.

Management Team

The management team at Cathay Financial Holdings is a talented group of individuals with diverse backgrounds and expertise. Zhang Geng Li has been the CEO since 2011-02-24.

Zhang Geng Li has been leading the company for over a decade, bringing a wealth of experience to the role. Yan Ju Chen has been the Director of Finance/CFO since 2004-01-08.

Credit: youtube.com, Customer Testimonial - Cathay Financial Holdings, Senior Executive VP, Marcus

Yan Ju Chen has been responsible for overseeing the company's financial operations and making strategic decisions to drive growth. Yu Mei Li serves as the Compliance Officer, ensuring that the company operates within regulatory guidelines.

Yu Mei Li's role is crucial in maintaining the company's reputation and compliance with industry standards. Zhang Geng Li also serves as a Director/Board Member, bringing his expertise to the company's board.

Here is a list of the company's management team:

Sophia Cheng serves as the Chief Investment Officer, responsible for making strategic investment decisions to drive growth. Hsing Wu Jian is the Chief Tech/Sci/R&D Officer, overseeing the company's technology and research initiatives.

The management team at Cathay Financial Holdings is a diverse group of individuals with a wealth of experience and expertise.

Financial Performance

Cathay Financial Holdings' financial performance has been a mixed bag over the past few months. The company's 1-day performance was a decline of -0.29%.

Credit: youtube.com, Cathay Financial Holdings: building a path to the cloud

In the past week, Cathay Financial Holdings saw a more significant drop of -2.16%. This could be a cause for concern for investors.

Over the current month, the company's performance has been a decline of -0.73%. This is in line with its 1-month performance, which was a decline of -1.74%.

Quotes and Performance

The quotes and performance of a particular investment are crucial in determining its financial health. Over the past 6 months, it has seen a significant gain of 11.70%.

Looking at the current month, the investment has experienced a decline of 0.73%. This is a relatively small dip, but it's worth keeping an eye on.

Here's a breakdown of the investment's performance over various time frames:

It's interesting to note that the investment has seen a slight increase over the past 3 months, which is a positive sign.

Profitability Rank

Let's take a closer look at the profitability rank of the company. The net margin percentage is a whopping 26.93%, which is a clear indicator of the company's ability to maintain profitability.

Credit: youtube.com, Financial Performance 8 Profitability Ratios

This is significantly higher than the industry average, demonstrating the company's strong financial health. It's also worth noting that the company has managed to maintain this high level of profitability over the past 10 years, with a perfect 10-year streak of profitability.

Here's a breakdown of the company's profitability metrics:

These metrics provide a comprehensive picture of the company's ability to generate profits and maintain a strong financial position.

Dividend and Share Buyback

Cathay Financial Holdings has a dividend yield of 2.95%, which is a relatively stable metric. This means that for every dollar invested, the company pays out 2.95 cents in dividends.

The dividend payout ratio is a healthy 0.37, indicating that the company is not over-extending itself in terms of dividend payments.

A 3-Year Dividend Growth Rate of -23% is a red flag, suggesting that the company may be struggling to maintain its dividend payments.

The forward dividend yield of 2.95% is in line with the current dividend yield, indicating that investors can expect similar returns in the future.

Credit: youtube.com, Dividends vs Share Buybacks

Cathay Financial Holdings has a 5-Year Yield-on-Cost of 2.14%, which is a decent return for investors who have held onto their shares for the long haul.

However, the 3-Year Average Share Buyback Ratio of -3.1% suggests that the company has been buying back fewer shares than it has issued, which could be a concern for investors.

To put this into perspective, the shareholder yield of -4.36% indicates that the company has been returning value to shareholders through buybacks and dividends, but at a net negative rate, which could be a sign of a company in trouble.

Key Statistics

Cathay Financial Holdings has reported a revenue of 350,870.566 million NT$ in the trailing twelve months.

This is a significant figure, indicating the company's financial health and stability.

The company's earnings per share (EPS) in the trailing twelve months is 6.21 NT$, which is a positive sign for investors.

Cathay Financial Holdings has a beta of 0.77, which means the company's stock price is less volatile compared to the market.

Credit: youtube.com, Cathay Financial predicts 3.5 percent GDP growth this year

The 3-Year Sharpe Ratio is 0.1, indicating that the company's returns have been relatively stable over the past three years.

Here's a summary of the company's key statistics:

The company's volatility is 15.63%, which is relatively high compared to other companies in the industry.

The 14-Day RSI is 45.57, indicating that the company's stock price is relatively stable in the short term.

Cathay Financial Holdings has a 20-Day SMA of 68.72 NT$, which is a good indicator of the company's short-term performance.

The 12-1 Month Momentum is 53.28%, which is a positive sign for investors.

The company's shares outstanding are 14,669.21 million, which is a significant figure indicating the company's market capitalization.

Industry and Regulations

Cathay Financial Holdings prioritizes information security in the finance industry, implementing security features like API access control and malicious content protection on their CaaS platform.

Their goal is to safeguard data security for customers, which is a key requirement for financial institutions.

Credit: youtube.com, Cathay Financial Holdings CIO on U.S.-China tensions and Taiwan post U.S. election

By adopting Apigee, Cathay Financial Holdings became the first finance company to do so in Taiwan.

This implementation allowed them to create virtually isolated environments for their subsidiaries, complying with information security requirements for financial institutions.

Cathay Financial Holdings' experience with Google Cloud has helped them establish a powerful platform to offer one-stop online services and manage diverse products in a centralized manner.

They now have a solid foundation to continue expanding and optimizing their fintech services, delivering the benefits of digital transformation to their customers.

Data Center with Tier Certifications

Cathay Financial Holdings takes data center security very seriously, with a Tier III Certification of Design Documents and a Tier III Certification of Constructed Facility for its Cathay Qingpu Data Center, Phase 1 in Taoyuan City, Taiwan.

This certification is a testament to the company's commitment to providing a secure environment for its customers' data. The Tier III Certification means that the data center has a high level of reliability and uptime, with a design that minimizes the risk of downtime and data loss.

Credit: youtube.com, CertMike Explains Data Center Tiers

The data center's design and construction have been thoroughly evaluated and certified by a third-party auditor, ensuring that it meets the highest standards for data center security and reliability. This gives customers peace of mind knowing that their data is being stored in a secure and reliable environment.

Here are the details of the certification:

  • Tier III Certification of Design Documents
  • Tier III Certification of Constructed Facility

Frequently Asked Questions

Who is the owner of Cathay United Bank?

Cathay United Bank is owned by Cathay Financial Holdings, the largest financial holding company in Taiwan. This parent company provides strategic support and direction to the bank.

Who is the owner of Cathay Financial Holdings?

Cathay Financial Holdings is chaired by Tsai Hong-tu, a prominent figure in Taiwan's financial sector. He leads the company as its chairman.

What countries is Cathay Bank in?

Cathay Bank has a presence in the United States and Asia, with a branch in Hong Kong and representative offices in China and Taiwan.

Teresa Halvorson

Senior Writer

Teresa Halvorson is a skilled writer with a passion for financial journalism. Her expertise lies in breaking down complex topics into engaging, easy-to-understand content. With a keen eye for detail, Teresa has successfully covered a range of article categories, including currency exchange rates and foreign exchange rates.

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