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Taiwan financial holding (formerly China Development Financial) unifying KGI Securities, KGI Bank and KGI Life under one brand.
Taiwan financial holding (formerly China Development Financial) unifying KGI Securities, KGI Bank and KGI Life under one brand.
Earns from brokerage commissions at the securities arm, premiums and investment returns at the life insurer, and loan spreads at a bank that is smaller than the other two, so market activity and investment returns matter more than for a bank-led group. The group was renamed KGI in 2024.
In one line: A mid-size Taiwan broker-bank-insurer, like a smaller regional bank paired with a broker-d.
Moat: narrow (brand, distribution). Renamed and unified as KGI in 2024 to build cross-sell distribution across securities, banking and insurance.
Headquarters: Taipei, Taiwan · Founded: 1959 · Employees: 13,785
Size Kgi Financial (2883.TW) is a Taiwan Financials company (Life/Health Insurance) with a market value of $17.3B, the 34th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$33.65 on 6 Nov 2026.
Performance Over six months the shares gained 59.8%, against +17.6% for the median peer and -3.4% for the Taiwan market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 32.0% over the last twelve months (peer median +9.6%); the operating margin is 14.9% (peer median 9.5%).
Valuation It trades at 1.33× book value against a peer median of 2.34× (8th cheapest of 20).
Price implies The share price implies a return on equity of about 7.1%; Kgi Financial delivers 14.4%, so the price asks less than the business earns today.
Next results Next results expected around 24 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$404B | NT$332B | NT$420B | NT$322B | NT$378B |
| Revenue growth | — | -21% | +31% | -15% | — |
| Net income | NT$53.0B | NT$30.1B | NT$33.6B | NT$18.9B | NT$16.4B |
| Free cash flow | NT$57.3B | -NT$54.1B | NT$55.0B | -NT$61.9B | NT$56.2B |
| Capital expenditure | NT$1.38B | NT$1.27B | NT$901M | NT$1.11B | NT$1.73B |
| Total debt | NT$561B | NT$425B | NT$408B | NT$297B | NT$269B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Kgi Financial 2883.TW | $17.3B | +60% | +32% | 14% | 1.33× | 7.1% |
| Yuanta Financial Holding Co. Lt 2885.TW | $28.1B | +28% | +78% | 16% | 2.42× | 11.9% |
| Sinopac Financial Hldgs 2890.TW | $19.3B | +36% | +31% | 16% | 2.34× | 7.7% |
| Fubon Financial Hldg 2881.TW | $62.7B | +66% | +12% | 16% | 1.66× | 7.4% |
| Cathay Financial Hldg 2882.TW | $47.0B | +42% | -16% | 15% | 1.40× | 7.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 2883.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -9.8% | +2.9% | 3rd lowest of 21 |
| 6-month return | +59.8% | +17.6% | highest of 21 |
| Return on equity | 14.4% | 12.5% | 7th highest of 21 |
| Price / book | 1.33× | 2.34× | 8th cheapest of 20 |
| Trailing P/E | 11.1× | 12.9× | 5th cheapest of 20 |
| ROE the price implies | 7.1% | 11.3% | 6th least demanding of 19 |
| ROE delivered | 14.4% | 13.3% | 7th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Kgi Financial 2883.TW | Taiwan | $17.3B | +60% | +32% | 14% | 1.33× | 7.1% | 14.4% |
| Reinsurance Group of America RGA | United States | $17.1B | +24% | +20% | 12% | 1.25× | 8.0% | 11.7% |
| SBI Life Insurance SBILIFE.NS | India | $18.9B | -5% | +18% | 14% | 8.72× | 105.4% | 13.7% |
| Corebridge Financial CRBG | United States | $14.9B | +25% | +10% | 22% | 2.41× | 19.3% | 21.7% |
| Equitable EQH | United States | $14.1B | +24% | +6% | -183% | n/a | n/a | n/a |
| T&d 8795.T | Japan | $14.0B | +21% | +6% | 9% | 1.32× | 5.6% | 9.3% |
| NN Group N.V. NN.AS | Netherlands | $22.4B | +4% | +39% | 9% | 1.08× | 6.9% | 9.2% |
| HDFC Life Insurance HDFCLIFE.NS | India | $13.0B | -10% | +19% | 11% | 6.31× | 72.0% | 11.2% |
| Standard Life SDLF.L | United Kingdom | $12.5B | +25% | +135% | -179% | 38.09× | n/a | -179.3% |
| JAPAN POST INSURANCE 7181.T | Japan | $11.2B | +8% | -6% | 4% | 0.38× | 2.9% | 4.2% |
| Medibank Private MPL.AX | Australia | $9.94B | +14% | +9% | 27% | 5.90× | 23.8% | 26.8% |
| Samsung Life 032830.KS | South Korea | $31.0B | -6% | +13% | 3% | 0.29× | 4.5% | 3.2% |
| Bajaj Finserv BAJAJFINSV.NS | India | $31.6B | +2% | +17% | 13% | 3.55× | 54.3% | 13.3% |
| Swiss Life SLHN.SW | Switzerland | $33.0B | +14% | 0% | 20% | 4.25× | 15.4% | 20.0% |
| Primerica PRI | United States | $8.94B | +6% | +8% | 33% | 3.56× | 24.9% | 32.9% |
| Voya Financial VOYA | United States | $8.91B | +21% | -3% | 14% | 2.34× | 17.2% | 14.3% |
| Jackson Financial Incorporation JXN | United States | $8.70B | +17% | +34% | 9% | 1.10× | 12.5% | 9.5% |
| Talanx TLX.DE | Germany | $37.6B | +24% | +2% | 20% | 2.33× | 10.2% | 19.8% |
| Daiichi Life 8750.T | Japan | $39.0B | +18% | +17% | 14% | 1.34× | 8.1% | 13.6% |
| Japan Post Hldgs 6178.T | Japan | $39.0B | +24% | 0% | 5% | 0.62× | 4.4% | 4.5% |
| Hannover Rueck HNR1.DE | Germany | $39.6B | +24% | -2% | 22% | 2.66× | 8.3% | 22.4% |