China Bills Finance (TPE:2820) Beginning Cash Position: NT$306 Mil (As of Dec. 2025)

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TPE:2820 China Bills Finance Corp TPE:2820
62 GF Score
Price NT$16.35
GF Value NT$24.68
Valuation Significantly Undervalued
! 2 Warning Signs
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What is China Bills Finance Beginning Cash Position?

China Bills Finance TPE:2820 +0.31% 62 Beginning Cash Position is NT$306 Mil as of Dec. 2025. GuruFocus rates TPE:2820 with a GF Score™ of 62/100 and a GF Value™ of NT$24.68 (Significantly Undervalued). The stock has 2 warning signs investors should review.

China Bills Finance's Beginning Cash Position for the quarter that ended in Dec. 2025 was NT$306 Mil.

China Bills Finance's quarterly Beginning Cash Position increased from Jun. 2025 (NT$317 Mil) to Sep. 2025 (NT$327 Mil) but then declined from Sep. 2025 (NT$327 Mil) to Dec. 2025 (NT$306 Mil).

China Bills Finance's annual Beginning Cash Position declined from Dec. 2023 (NT$558 Mil) to Dec. 2024 (NT$268 Mil) but then increased from Dec. 2024 (NT$268 Mil) to Dec. 2025 (NT$878 Mil).

China Bills Finance Beginning Cash Position Related Terms

China Bills Finance Beginning Cash Position Historical Data

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The historical data trend for China Bills Finance's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China Bills Finance Beginning Cash Position Chart

China Bills Finance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 264.72 554.60 557.56 267.74 877.60

China Bills Finance Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 342.07 877.60 316.66 326.74 305.98
TPE:2820
62GF Score
China Bills Finance Corp TPE:2820
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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China Bills Finance Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of NT$306 Mil mean?
China Bills Finance (TPE:2820) has a Beginning Cash Position of NT$306 Mil as of Dec. 2025. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on China Bills Finance and its competitors.
Is China Bills Finance's Beginning Cash Position too high?
China Bills Finance's current Beginning Cash Position is NT$306 Mil. Overall, China Bills Finance has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Bills Finance's Beginning Cash Position compare to MS and GS?
China Bills Finance's Beginning Cash Position of NT$306 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Capital Markets company?
A good Beginning Cash Position depends on the Capital Markets industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on China Bills Finance and its competitors. China Bills Finance's current Beginning Cash Position is NT$306 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Bills Finance stock overvalued right now?
Based on GuruFocus' analysis, China Bills Finance (TPE:2820) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$24.68, compared to a current price of NT$16.35 — trading 33.8% below its estimated fair value. The current Beginning Cash Position is NT$306 Mil. China Bills Finance's overall GF Score™ is 62/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For China Bills Finance (TPE:2820), the current Beginning Cash Position is NT$306 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China Bills Finance (TPE:2820) Overvalued in 2026?

Based on GuruFocus' analysis, China Bills Finance stock appears to be undervalued. The current stock price of NT$16.35 is trading 33.8% below its estimated GF Value™ of NT$24.68. GuruFocus considers China Bills Finance to be Significantly Undervalued.

Key valuation signals for TPE:2820:

  • Beginning Cash Position: NT$306 Mil
  • GF Value™: NT$24.68 vs. price of NT$16.35 (33.8% below fair value)
  • GF Score™: 62/100 with 2 warning signs

No single metric tells the full story. See the TPE:2820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Bills Finance Business Description

Address Tiding Boulevard, 4th Floor, No. 99, Sec. 2, Neihu District, Taipei, TWN, 11493
China Bills Finance Corp focuses on corporate financing and fixed-income commodities. The company's business activities consist of certifying and underwriting of short-term bills and bank debentures; brokering or undertaking proprietary trading of short-term bills, bank debentures, government and corporate bonds, and foreign bonds; guaranteeing short-term bills; providing financial consulting services to enterprises; processing interbank call loans; equity investments; fixed-income security trading; (h) foreign-currency bills investment; and doing other businesses as authorized by relevant authorities. Its business is concentrated in Taiwan.
62GF Score

Get the complete analysis for TPE:2820

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$16.35
Price
NT$24.68
GF Value