According to the Securities and Exchange Act, listed companies should publicly announce and register with the Competent Authority the operating status for the preceding month within the first ten days of each calendar month. Such operating status should include monthly revenue, monthly revenue for the same period in the previous year, cumulative revenue this year, cumulative revenue for the same period in the previous year, year on year growth rate…etc.
Profit related data mainly comes from self-accounted profit and loss, important news, Investor Conference, and financial statement; therefore, the database will be updated irregularly.
The announcement timings for TCRI are as follows:
🚩Please note: that the announcement dates for the first and fourth quarters are similar, so the announcement timing is the same. For specific announcement dates, it is recommended to contact TEJ for further confirmation.
TEJ's TCRI (Taiwan Corporate Credit Risk Index) have corresponding levels with international ratings agencies such as S&P and Moody's. If you require further information, please feel free to contact us.
For companies listed on the stock exchange, it is generally required to have a minimum of three years of financial reports and be established for at least four years.
Due to the reliance on financial statement revenue data for analysis, the TCRI (Taiwan Corporate Credit Risk Index) model cannot be applied to the financial industry, as its financial reporting structure differs from that of general industries. Therefore, no ratings are provided for the financial industry.
Furthermore, industries that heavily rely on human resources, such as cultural and creative industries, intermediaries, etc., also have unique characteristics that make them unsuitable for the TCRI model, which is primarily designed for general industries.
The corporate credit risk index (TCRI) is based on a quantitative model supplemented by the subjective judgment of the research team.
The methodology is transparent, distinguishable, and publicly disclosed. It is further supported by other real-time monitoring tools such as significant news updates, immediate commentaries, and stock price fluctuations.
These tools assist users in managing credit risk associated with business partners or investment targets.
The formula for calculating earnings per share (EPS) in the TEJ financial database is as follows:
Net Income attributable to Parent Company / Weighted Average Shares.
To ensure data consistency, the values are rounded to the nearest decimal point, resulting in a 0.1 difference compared to the figures reported in financial statements. Additionally, while companies use weighted average shares as the denominator in the formula, the numerator may not always be based on net income attributable to the parent company, and the rounding method may vary as well.
When a company announces its latest quarterly financial report, it usually discloses adjusted figures for the same period of the previous year or the previous quarter.
If a company adjusts historical figures, TEJ will typically make corresponding revisions as well. Therefore, the "Financial Report Release Date" may be further adjusted to reflect any changes.
Three solutions to this question are as follows:
🚩Database path: TEJ IFRS Finance-New Accounting Principle.
If the accounts in balance sheet, income statement, and cash flow statement are all you need, please click on “IFRS_TEJ Consolidated First(Acc)-ALL” or “IFRS_TEJ Consolidated First(Qly)-ALL.”
If details and footnotes are also needed, please click on “Consolidated First Finance DB(Including Footnote)” or “Parent Company Finance DB(Including Footnote)” to further evaluate the information. In addition, TEJ’s database provides value-added derivative accounts per quarter for users to utilize.