Cash flow Capital Securities Corporation

Stocks

6005

TW0006005002

Investment Banking & Brokerage Services

End-of-day quote Taiwan S.E. Other stock markets 20/07/2026			5-day change	1st Jan Change
32.80 ^TWD	-0.61%		-9.89%	+36.95%

07-08	Capital Securities Logs June After-Tax Profit of NT$938 Million	MT
05-18	Capital Securities Books About NT$3 Billion Profit in Q1	MT

68f90f4b61b49282.r9xkoHI1Xl5_lMUyTGlunqOLWKIpy7rtH4jp2fRJoz4.zKU1xjlPNQcm2aRtCQIBzMXMNpYEs_Ondcq-qbV70WTphTbvPAYvEy_xhA

Published financial data: CAPITAL SECURITIES CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest and Dividend Income, Total	2.35B	2.53B	5.73B	5.84B	6.02B
Interest Expense, Total	196M	582M	1.91B	2.92B	2.55B
Net Interest Income	2.16B	1.94B	3.81B	2.92B	3.47B
Brokerage Commission	8.27B	5.76B	5.64B	7.45B	7.71B
Trading and Principal Transactions	-	-	-	-	-
Asset Management Fee	78.43M	66.13M	62.38M	113M	201M
Underwriting & Investment Banking Fee	328M	275M	249M	323M	351M
Gain (Loss) on Sale of Investments, Total (Rev)	4.08B	-2.38B	3.2B	4.55B	5.58B
Other Revenues, Total	-2.03B	2.24B	-2.27B	-1.07B	-782M
Revenues Before Provison For Loan Losses	12.89B	7.9B	10.69B	14.29B	16.53B
Total Revenues	12.89B	7.9B	10.69B	14.29B	16.53B
Salaries And Other Employee Benefits	3.81B	2.78B	3.42B	3.83B	4.55B
Cost of Services Provided, Total	1.45B	1.28B	1.2B	1.61B	1.86B
Depreciation & Amortization - (IS) - (Collected)	470M	464M	463M	491M	498M
Provision for Bad Debts	19.29M	5.47M	2.07M	1.58M	23.28M
Other Operating Expenses	1.81B	2.51B	2.4B	3.71B	4.05B
Total Operating Expenses	7.56B	7.03B	7.48B	9.64B	10.97B
Operating Income	5.32B	875M	3.2B	4.64B	5.56B
Income (Loss) on Equity Invest.	207M	201M	205M	386M	506M
Currency Exchange Gains (Loss)	-14.28M	23.87M	-516K	7.91M	-17.51M
Other Non Operating Income (Expenses)	684M	1.06B	2.28B	2.07B	2.3B
EBT, Excl. Unusual Items	6.2B	2.16B	5.69B	7.11B	8.34B
Gain (Loss) on Sale of Investments	14.64M	-349M	-604M	-678M	-926M
Gain (Loss) on Sale of Assets	-136K	-8K	17K	-	-
Other Unusual Items	12.69M	31.95M	18.54M	140M	-
EBT, Incl. Unusual Items	6.23B	1.85B	5.11B	6.57B	7.42B
Income Tax Expense	766M	667M	538M	1.17B	1.09B
Earnings From Continuing Operations	5.46B	1.18B	4.57B	5.4B	6.33B
Net Income to Company	5.46B	1.18B	4.57B	5.4B	6.33B
Minority Interest	-212M	-339M	-439M	-518M	-590M
Net Income - (IS)	5.25B	840M	4.13B	4.88B	5.74B
Net Income to Common Incl Extra Items	5.25B	840M	4.13B	4.88B	5.74B
Net Income to Common Excl. Extra Items	5.25B	840M	4.13B	4.88B	5.74B
Per Share Items
Net EPS - Basic	2.42	0.39	1.9	2.25	2.64
Basic EPS - Continuing Operations	2.42	0.39	1.9	2.25	2.64
Basic Weighted Average Shares Outstanding	2.17B	2.17B	2.17B	2.17B	2.17B
Net EPS - Diluted	2.41	0.39	1.9	2.25	2.64
Diluted EPS - Continuing Operations	2.41	0.39	1.9	2.25	2.64
Diluted Weighted Average Shares Outstanding	2.18B	2.17B	2.18B	2.17B	2.18B
Normalized Basic EPS	1.69	0.47	1.44	1.81	2.13
Normalized Diluted EPS	1.68	0.47	1.43	1.81	2.13
Dividend Per Share	1.65	0.39	1.33	1.5	0.4
Payout Ratio	50.48	443.81	27.17	65.56	62.26
Supplemental Items
Total Revenues (As Reported)	13.28B	8.22B	12.75B	17.15B	19.23B
Effective Tax Rate - (Ratio)	12.3	36.13	10.53	17.81	14.71
Total Current Taxes	644M	404M	798M	854M	1.19B
Total Deferred Taxes	122M	263M	-260M	316M	-99.28M
Normalized Net Income	3.66B	1.01B	3.12B	3.93B	4.62B
Non-Cash Pension Expense	3.1M	9.98M	299K	1M	3.07M
Supplemental Operating Expense Items
Stock-Based Comp., Other (Total)	-	-	-	-	10.43M
Total Stock-Based Compensation	-	-	-	-	10.43M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	9.81B	11.26B	8.6B	9.29B	14.67B
Securities Purchased Under Agreements To Resell	-	-	60.21M	250M	211M
Securities Borrowed	5.64B	15.49B	12.8B	14.92B	13.87B
Accounts Receivable, Total	34.19B	21.65B	38.7B	67.49B	80.48B
Other Receivables	1.22B	1.01B	1.06B	1.88B	1.77B
Gross Property Plant And Equipment	5.24B	5.18B	5.74B	5.74B	5.48B
Accumulated Depreciation	-1.39B	-1.64B	-1.88B	-2.03B	-2.09B
Net Property Plant And Equipment	3.84B	3.54B	3.85B	3.71B	3.39B
Goodwill	3.14B	-	3.13B	3.13B	3.13B
Other Intangibles, Total	473M	3.61B	490M	490M	499M
Investment In Debt and Equity Securities	18.35B	19.68B	33.07B	42.34B	37.17B
Trading Asset Securities, Total	44.86B	41.27B	63.08B	67.43B	86.88B
Other Current Assets, Total	75.23B	66.99B	75.21B	90.61B	107B
Deferred Tax Assets Long-Term (Collected)	33.57M	18.68M	15.89M	-	-
Other Long-Term Assets, Total	6.9B	7.08B	6.85B	7.16B	7.9B
Total Assets	204B	192B	247B	309B	357B
Liabilities
Accounts Payable, Total	26.95B	29.79B	43.57B	11.43B	22.39B
Accrued Expenses, Total	10.56B	51.58M	54.79M	61.27M	68.4M
Short-Term Borrowings	68.08B	76.26B	111B	150B	162B
Current Portion of Long-Term Debt	4.47B	3.03B	4.22B	6.42B	8.57B
Current Portion of Leases	164M	192M	202M	199M	211M
Long-Term Debt	576M	495M	677M	5.13B	7.18B
Long-Term Leases	686M	636M	523M	409M	321M
Current Income Taxes Payable	613M	385M	716M	655M	811M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	48.65B	41.17B	41.62B	87.34B	104B
Pension & Other Post Retirement Benefits	878M	-24.06M	86.18M	275M	164M
Deferred Tax Liability Non-Current	496M	776M	513M	836M	722M
Other Non Current Liabilities	99.07M	157M	95.16M	60.48M	63.79M
Total Liabilities	162B	153B	204B	263B	307B
Common Stock, Total	21.71B	21.71B	21.71B	21.71B	21.71B
Additional Paid In Capital	2.15B	2.15B	2.15B	2.74B	2.15B
Retained Earnings	12.16B	9.88B	13.14B	15.09B	17.74B
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	2.72B	2B	3.25B	2.73B	3.96B
Total Common Equity	38.73B	35.74B	40.25B	42.27B	45.56B
Minority Interest	2.74B	2.95B	3.12B	3.37B	4.65B
Total Equity	41.47B	38.69B	43.36B	45.64B	50.2B
Total Liabilities And Equity	204B	192B	247B	309B	357B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.17B	2.17B	2.17B	2.17B	2.17B
ECS Total Common Shares Outstanding	2.17B	2.17B	2.17B	2.17B	2.17B
Book Value / Share	17.84	16.47	18.54	19.47	20.99
Tangible Book Value	35.12B	32.13B	36.62B	38.65B	41.93B
Tangible Book Value Per Share	16.18	14.8	16.87	17.81	19.31
Total Debt	73.97B	80.61B	117B	162B	179B
Debt Equivalent of Unfunded Proj. Benefit Obligation	878M	24.06M	86.18M	275M	164M
Net Debt	13.66B	12.59B	32.35B	70.5B	63.05B
Equity Method Investments, Total	1.48B	1.49B	1.47B	1.67B	1.83B
Full Time Employees	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	5.25B	840M	4.13B	4.88B	5.74B
Depreciation, Depletion & Amortization	435M	427M	418M	435M	439M
Amortization of Goodwill and Intangible Assets - (CF)	35.02M	36.54M	45.81M	55.51M	59.14M
Total Depreciation, Depletion & Amortization	470M	464M	463M	491M	498M
(Gain) Loss On Sale of Asset - (CF)	136K	8K	-17K	-	-
(Gain) Loss on Sale of Investments - (CF)	96.67M	1.78B	-1.16B	992M	-1.3B
Total Asset Writedown	4.95M	4.8M	4.63M	6.5M	-
Provision for Credit Losses	16.68M	4.97M	7.21M	4.87M	21.11M
(Income) Loss On Equity Investments - (CF)	-207M	-201M	-205M	-386M	-506M
Stock-Based Compensation (CF)	-	-	-	-	10.43M
Provision and Write-off of Bad Debts	-	-	-	-	-
Change in Trading Asset Securities	-7.26B	2.23B	-30.47B	-13.34B	-13.64B
Change in Accounts Receivable	-238M	5.42B	-10.11B	2.88B	-12.3B
Change in Accounts Payable	20.65M	-6.12B	6.2B	460M	10.99B
Change In Income Taxes	-	-	-	-	-
Change in Other Net Operating Assets (Collected)	436M	8.88B	18.56B	-24.57B	3.45B
Other Operating Activities	416M	552M	749M	376M	1.01B
Cash from Operations	-998M	13.86B	-11.83B	-28.2B	-6.03B
Capital Expenditure	-215M	-111M	-263M	-169M	-239M
Sale of Property, Plant, and Equipment	9K	48K	860K	-	-
Purchase / Sale of Intangible Assets	-35.75M	-38.85M	-57.18M	-57.8M	-69.28M
Investment in Marketable and Equity Securities, Total	31.28M	-3.31B	-2.07B	-2.09B	939M
Deferred Charges	-623K	-489K	-562K	-498K	-1.22M
Cash from Investing	-220M	-3.46B	-2.39B	-2.32B	630M
Short Term Debt Issued, Total	6.1B	-	12.9B	29.85B	12.76B
Long-Term Debt Issued, Total	-	-	-	4.5B	6B
Total Debt Issued	6.1B	-	12.9B	34.35B	18.76B
Short Term Debt Repaid, Total	-583M	-5.42B	-	-	-742M
Long-Term Debt Repaid, Total	-204M	-192M	-202M	-213M	-4.72B
Total Debt Repaid	-787M	-5.61B	-202M	-213M	-5.46B
Issuance of Common Stock	62K	-	-	2K	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-2.65B	-3.73B	-1.12B	-3.2B	-3.57B
Common & Preferred Stock Dividends Paid	-2.65B	-3.73B	-1.12B	-3.2B	-3.57B
Other Financing Activities, Total	-	-23.65M	-	-	1.05B
Cash from Financing	2.66B	-9.36B	11.57B	30.94B	10.77B
Foreign Exchange Rate Adjustments	-132M	415M	-13.49M	274M	6.1M
Net Change in Cash	1.31B	1.45B	-2.66B	691M	5.38B
Supplemental Items
Cash Interest Paid	203M	540M	1.64B	3.09B	2.59B
Cash Income Tax Paid (Refund)	587M	632M	468M	915M	1.03B
Net Debt Issued / Repaid	5.31B	-5.61B	12.69B	34.14B	13.29B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.98	0.6	2.08	1.94	1.9
Return On Equity %	13.63	2.94	11.14	12.14	13.2
Return on Common Equity	14.07	2.26	10.87	11.84	13.06
Margin Analysis
Gross Profit Margin %	88.84	84.07	88.98	88.92	88.95
SG&A Margin	29.67	35.32	32.16	26.97	27.67
Income From Continuing Operations Margin %	42.38	14.92	42.77	37.81	38.27
Net Income Margin %	40.74	10.63	38.66	34.19	34.7
Net Avail. For Common Margin %	40.74	10.63	38.66	34.19	34.7
Normalized Net Income Margin	28.43	12.81	29.19	27.48	27.98
Asset Turnover
Asset Turnover	0.07	0.04	0.05	0.05	0.05
Short Term Liquidity
Current Ratio	1.07	1.05	0.99	0.98	1.02
Quick Ratio	0.6	0.6	0.62	0.63	0.66
Operating Cash Flow to Current Liabilities	-0.01	0.09	-0.06	-0.11	-0.02
Long Term Solvency
Total Debt/Equity	178.36	208.35	269.54	355.83	355.9
Total Debt / Total Capital	64.07	67.57	72.94	78.06	78.07
LT Debt/Equity	3.04	2.92	2.77	12.13	14.94
Long-Term Debt / Total Capital	1.09	0.95	0.75	2.66	3.28
Total Liabilities / Total Assets	79.64	79.81	82.44	85.22	85.95
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	40.38	-38.66	35.22	33.67	15.7
Gross Profit, 1 Yr. Growth %	43.59	-41.95	43.11	33.58	15.73
Earnings From Cont. Operations, 1 Yr. Growth %	42.21	-78.41	287.7	18.18	17.11
Net Income, 1 Yr. Growth %	47.07	-84	391.82	18.21	17.45
Normalized Net Income, 1 Yr. Growth %	52.41	-72.36	208.02	25.85	15.23
Diluted EPS Before Extra, 1 Yr. Growth %	46.95	-83.94	391.02	18.4	17.35
Common Equity, 1 Yr. Growth %	7.94	-7.72	12.6	5.03	7.77
Total Assets, 1 Yr. Growth %	24.92	-5.93	28.86	25.02	15.78
Tangible Book Value, 1 Yr. Growth %	8.84	-8.51	13.99	5.54	8.48
Cash From Operations, 1 Yr. Growth %	-137.16	-1.49K	-185.39	138.36	-78.62
Capital Expenditures, 1 Yr. Growth %	84.8	-48.58	137.83	-35.76	36.69
Dividend Per Share, 1 Yr. Growth %	50	-76.36	241.03	12.78	-73.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	35.4	-7.21	-8.93	34.44	24.36
Gross Profit, 2 Yr. CAGR %	36.91	-8.7	-8.86	38.26	24.34
Earnings From Cont. Operations, 2 Yr. CAGR %	38.94	-44.59	-8.52	114.05	17.64
Net Income, 2 Yr. CAGR %	43.01	-51.49	-11.29	141.12	17.83
Normalized Net Income, 2 Yr. CAGR %	44.97	-35.09	-7.72	96.89	21.76
Diluted EPS Before Extra, 2 Yr. CAGR %	47.41	-51.43	-11.21	141.12	17.88
Common Equity, 2 Yr. CAGR %	6.75	-0.2	1.93	8.75	6.39
Total Assets, 2 Yr. CAGR %	23.68	8.4	10.1	26.92	20.31
Tangible Book Value, 2 Yr. CAGR %	7.51	-0.21	2.12	9.68	7
Cash From Operations, 2 Yr. CAGR %	0.49	127.11	244.26	42.67	-28.61
Capital Expenditures, 2 Yr. CAGR %	-15.29	-2.52	10.59	23.61	-4.73
Dividend Per Share, 2 Yr. CAGR %	43.61	-40.46	-10.22	96.12	-45.16
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	22.76	3.99	5.2	3.5	27.88
Gross Profit, 3 Yr. CAGR %	25.84	2.85	6.05	3.53	30.3
Earnings From Cont. Operations, 3 Yr. CAGR %	45.38	-25.31	5.97	-0.36	75.07
Net Income, 3 Yr. CAGR %	55.03	-31.09	4.99	-2.38	89.71
Normalized Net Income, 3 Yr. CAGR %	52.31	-16.56	9.08	2.33	65.91
Diluted EPS Before Extra, 3 Yr. CAGR %	58.34	-29.6	5.03	-2.27	89.66
Common Equity, 3 Yr. CAGR %	5.52	1.69	3.9	2.96	8.42
Total Assets, 3 Yr. CAGR %	20.17	12.9	14.83	14.86	23.1
Tangible Book Value, 3 Yr. CAGR %	6.16	1.88	4.31	3.25	9.28
Cash From Operations, 3 Yr. CAGR %	-54.27	141.1	63.92	204.56	-24.22
Capital Expenditures, 3 Yr. CAGR %	20.47	-28.28	31.23	-7.73	29.24
Dividend Per Share, 3 Yr. CAGR %	60.38	-21.3	6.53	-3.13	0.85
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	16.65	-1.33	8.94	15.24	12.48
Gross Profit, 5 Yr. CAGR %	18.43	-1.28	10.61	15.78	13.02
Earnings From Cont. Operations, 5 Yr. CAGR %	31.17	-18.18	20.79	13.81	10.5
Net Income, 5 Yr. CAGR %	34.41	-21.91	24.01	13.73	9.95
Normalized Net Income, 5 Yr. CAGR %	34.31	-11.11	24.64	17.63	13.98
Diluted EPS Before Extra, 5 Yr. CAGR %	37.31	-20.86	25.63	15.19	9.99
Common Equity, 5 Yr. CAGR %	5.58	2.61	4.07	4.46	4.89
Total Assets, 5 Yr. CAGR %	13.52	6.25	16.03	18.31	16.99
Tangible Book Value, 5 Yr. CAGR %	6.27	2.94	4.53	4.93	5.38
Cash From Operations, 5 Yr. CAGR %	11.65	26.98	2.53	95.46	17.55
Capital Expenditures, 5 Yr. CAGR %	11.29	3.07	16.41	-10.83	15.45
Dividend Per Share, 5 Yr. CAGR %	36.69	-	27.16	13.4	-18.32