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Good Finance Securities Co., Ltd. (6021.TWO)

TWD39.40 +1.65 (+4.37%)
TW TWO Financial Services Investment - Banking & Investment Services
Address No. 174 and No. 176, Minsheng East Road
Taipei City, TW
CEO Su-Hua Ku
IPO 2007-12-31
ISIN TW0006021009

Explore sections of this company profile

Description

Good Finance Securities Co., Ltd., including its subsidiaries, operates as a prominent financial services provider in Taiwan, primarily focusing on the securities commission agency and brokerage sector. The company's diverse operations are organized into distinct divisions: Client Partner, Investment, Investment Bank, Futures, and All Other. Beyond its core brokerage activities, Good Finance Securities is also deeply involved in a variety of financial dealings. This includes trading securities and bonds on its own account, as well as managing transactions for financial instruments such as interest rate products, bills, and bonds, frequently utilizing repurchase or resale agreements. The firm further provides services in securities underwriting and offers both agency and brokerage for futures trading. Clients also benefit from the company's research and analysis, which supports informed securities investment decisions. The company's offerings extend to facilitating the buying and selling of marketable securities on the centralized exchange market, administering margin purchases and short sales, and executing consignment trades for foreign securities. Additionally, it acts as an agent for stock-related affairs, delivers specialized securities investment consulting, and engages in a range of other ancillary securities-related businesses. Founded in 1988, the company was initially named Ta Ching Securities Co., Ltd. before rebranding to Good Finance Securities Co., Ltd. in December 2021. Its headquarters are situated in Taipei City, Taiwan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
TWD39.40 +1.65 (+4.37%)
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Volume Profile
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Liquidity & share structure
Average Volume
462.9K
Beta
0.70
Float Shares
196.31M
Free Float %
62.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+4.38% +13.54% +11.65% +6.34% +44.14% +44.42% +76.56% +135.78% +64.37% +316.95% +350.00%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

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By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
39.40
DCF (Unlevered) 23.01 -41.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.90
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
4 / 5
High
P/Book Score
3 / 5
Medium
Operational MOAT
✓ MOAT relativo
  • Revenue growth Investment - Banking & Investment Services: +23.9%
    +75.0% Q1'26: +159.8% (vs Q1'25)
  • EPS growth Investment - Banking & Investment Services: +31.6%
    +167.4% Q1'26: +168.0% (vs Q1'25)
  • FCF margin FCF growth · Investment - Banking & Investment Services: +22.1%
    +91.9% Q1'26: -206.2% (vs Q1'25)
  • EBIT margin Investment - Banking & Investment Services: +33.7%
    +53.3% Q1'26: +49.6% (vs Q1'25)
  • ROIC Investment - Banking & Investment Services: +2.7%
    +22.2% Q1'26: +8.3% (vs Q1'25)
  • Share dilution Investment - Banking & Investment Services: +0.1%
    -1.3% Q1'26: +0.6% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Investment - Banking & Investment Services: -0.48×
    12.55× Q1'26: 13.65× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.67) × ERP
WACC = 44% × Ke + 56% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 23.01 Current price: 39.40
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-05-28 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-05-27 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-05-26 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-05-25 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-05-22 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-21 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-20 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-19 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-18 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-15 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-14 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-13 C+ 2/5 4/5 1/5 1/5 1/5 4/5 1/5
2026-05-12 C+ 2/5 4/5 1/5 1/5 1/5 4/5 1/5
2026-05-11 C+ 2/5 4/5 1/5 1/5 1/5 4/5 1/5
2026-05-08 A 4/5 4/5 4/5 5/5 1/5 4/5 4/5
2026-05-07 A 4/5 4/5 4/5 5/5 1/5 4/5 4/5
2026-05-06 A 4/5 4/5 4/5 5/5 1/5 4/5 4/5
2026-05-05 A 4/5 5/5 4/5 5/5 1/5 4/5 4/5
2026-05-04 A 4/5 5/5 4/5 5/5 1/5 4/5 4/5
2026-04-30 A 4/5 5/5 4/5 5/5 1/5 4/5 4/5
2026-04-29 A 4/5 5/5 4/5 5/5 1/5 4/5 4/5
2026-04-28 A 4/5 5/5 4/5 5/5 1/5 4/5 4/5
2026-04-27 A 4/5 5/5 4/5 5/5 1/5 4/5 4/5
2026-04-24 A 4/5 5/5 4/5 5/5 1/5 4/5 3/5
2026-04-23 A 4/5 5/5 4/5 5/5 1/5 4/5 3/5
2026-04-22 A 4/5 5/5 4/5 5/5 1/5 4/5 3/5
2026-04-21 A 4/5 5/5 4/5 5/5 1/5 4/5 4/5
2026-04-20 A 4/5 5/5 4/5 5/5 1/5 4/5 4/5
2026-04-17 A 4/5 5/5 4/5 5/5 1/5 4/5 4/5
2026-04-16 A 4/5 5/5 4/5 5/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-2.77B
OE per share TTM
-8.91
Owner's Yield
-24.36%
Maintenance CapEx ratio
117.01%
Maint CapEx / Avg PPE
82.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 7 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
2.76M
Shares Outstanding
312.23M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Tzu-Wei Shih Senior Vice President of Experience Department 5M female
Yu-Teh Shen Vice President of Technology 5M male
Huei-Cheng Shen Senior Vice President of Legal Compliance & Legal Affairs Department 4M male
Su-Hua Ku Senior Vice President of Investment Department & Proprietary Trading Department 4M female
Liu Ta-Hsien Senior Manager 4M
Fu-Liang Wan Senior Vice President of Investment Banking Department & Director 3M male
Daxiu Zhuang General Manager 3M
Hui-Ju Chang Manager of Human Resource Department female
Hsueh-Li Yu Senior Vice President of Operation Department female
David Chen Financial Officer male
Shih Hsiang Lin Accounting Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits