Capital Securities Corp. · TWSE:6005
Capital Securities — Q3 2023 Earnings Presentation
35 slides from Capital Securities's earnings presentation, Nov 22, 2023
Slide 1: Capital Securities Corporation Institutional Investor Conference
Capital Securities Corporation Institutional Investor Conference NOV 2023 0
Slide 2: Disclaimer
Disclaimer The information (except numbers in financial statements) contained within the document has not been audited or reviewed by any accountant or independent third party. Capital Securities Corporation (the Company) makes no guarantee or warranties as to the accuracy, completeness or correctne
Slide 3: Outline
Presentation Company Profile Outline Operation Overview Prospect and Outlook Sustainability Development & Capital Securities’ Practices 2
Slide 4: Company Profile
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Slide 5: Shareholder Structure
Shareholder Structure Data as of April 29, 2023 Financial Government institutions agencies Foreign institutions 3.41% 0.28% and individuals 17.16% Other juristic persons 43.08% Individuals 36.07% 4
Slide 6: Basic Information
Basic Information Stock code: 6005 Paid-in capital: NTD21.709bn Number of branches in Taiwan: 53 Number of employees: 1,870 FEB20 Paid-in capital of NTD21.709bn Listed on TPEx in 1995 Paid-in capital of NTD4.08bn Listed on TWSE in 2005 Paid-in capital of NTD13.64bn Established in 1988 Paid-in capita
Slide 7: Deployment in Asia
Deployment in Asia Chengdu Shanghai TEL：86 28 6555 2888 TEL：86 21 5888 7188 FAX：86 28 6555 2999 FAX : 86 21 5888 2929 Add：Units 408-410,4F,Poly Add：18F., New Shanghai Center Tower C,No.1,Jinxiu International Tower, No. 360 Road, Wuhou District Pudong Nan Road, Chengdu, P.R.China Shanghai, P.R.China
Slide 8: Non-operating Investments
Non-operating Investments 7
Slide 9: Non-operating Investments (continued)
Non-operating Investments (continued) Unit：1000 Net income or Net income or Book value as of Book value as of Region Name Currency Paid-in capital loss for loss for Sep 30, 2023 Oct 31, 2023 JAN~SEP23 JAN~OCT23 Taiwan Capital Futures Corp. NTD 2,104,376 6,980,004 767,083 7,073,571 846,380 Capital In
Slide 10: Organizational Structure
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Slide 11: Operation Overview
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Slide 12: Financial Data Over the Past Three Years
Financial Data Over the Past Three Years (NTD’000) Item 2020 2021 2022 JAN~SEP23 Consolidated net income before tax 4,382,700 6,227,509 1,846,051 3,779,428 Consolidated net income 3,840,679 5,461,649 1,179,016 3,605,582 Net income attributable to shareholders of the parent 3,569,529 5,249,590 840,04
Slide 13: Consolidated Balance Sheet (summary)
Consolidated Balance Sheet (summary) (NTD’000) Item Sep 30, 2022 Sep 30, 2023 Current assets 180,947,317 203,487,868 Non-current assets 17,337,384 23,075,922 Total assets 198,284,701 226,563,790 Current liabilities 158,213,766 182,733,020 Non-current liabilities 2,575,599 1,957,250 Total liabilities
Slide 14: Consolidated Comprehensive Income Statement (summary)
Consolidated Comprehensive Income Statement (summary) (NTD’000) Item JAN~SEP22 JAN~SEP23 Revenue 5,806,754 9,159,204 Operating expenses and costs 5,676,423 7,048,484 Operating income 130,331 2,110,720 Other income and expenses 909,436 1,668,708 Net income before tax 1,039,767 3,779,428 Income tax ex
Slide 15: Earnings Breakdown by Major Business
Earnings Breakdown by Major Business JAN-SEP22 JAN-SEP23 600% 464% 400% 200% 162% 50% 22% 8% 4% 24% 0% -200% -400% -600% -534% Brokerage Proprietary trading & Underwriting & Others Non-operating Derivatives & Fixed investments income 14
Slide 16: Business Performance and Market Ranking
Business Performance and Market Ranking Figures in Market ranking in Item JAN~SEP23 JAN~SEP23 Market share in brokerage 3.42% 9 Market share in margin financing 5.22% 6 Trust business-AUM NTD16.022bn 6 Number of warrants issued 6,677 3 Value of warrants issued NTD61.5bn 3 Value of structured product
Slide 17: Dividend Payout
Dividend Payout Unit: NTD EPS Cash dividend per share 2.50 2.42 2.00 1.64 1.50 1.11 1.00 1.65 0.61 0.50 1.1 0.39 0.8 0.4 0.39 0.00 2018 2019 2020 2021 2022 16
Slide 18: Capital Adequacy Ratio
Capital Adequacy Ratio Capital adequacy ratio Minimum capital adequacy ratio: 150% 500% 450% 400% 327% 337% 328% 350% 312% 305% 300% 250% 200% 150% 100% 50% 0% 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 17
Slide 19: Ratings
Ratings Fitch Ratings 2023 • Long-term Issuer Default Rating (IDR) BBB- • National Long-term Rating A(twn) • National Short-term Rating F1(twn) • Outlook Stable 18
Slide 20: OCT23 Operating Results
OCT23 Operating Results Unit: NTD’000 Entity OCT23 JAN~OCT23 Net income before tax 139,448 3,379,618 Net income 51,403 3,317,597 EPS (NTD) 0.02 1.53 Consolidated OCT23 JAN~OCT23 Net income before tax 196,821 3,970,452 Net income 86,191 3,685,976 ※ Unaudited 19
Slide 21: JAN~OCT23 Earnings Breakdown by Major Business
JAN~OCT23 Earnings Breakdown by Major Business JAN~OCT23 60% 56% 50% 40% 30% 26% 20% 14% 10% 4% 0% Brokerage Proprietary trading & Underwriting & Others Non-operating Derivatives & Fixed investments income ※ Unaudited 20
Slide 22: Business Performance and Market Ranking
Business Performance and Market Ranking Figures in Market ranking in Item JAN~OCT23 JAN~OCT23 Market share in brokerage 3.42% 10 Market share in margin financing 5.20% 6 Trust business-AUM NTD15.463bn 6 Number of warrants issued 7,634 3 Value of warrants issued NTD70.3bn 3 Value of structured produc
Slide 23: Prospect and Outlook
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Slide 24: Business philosophy
Business philosophy Our vision • To create long-term and rewarding partnerships with our clients by offering high value-added financial services which exceed client expectations Our belief • The Capital Group in Chinese means "benefit for many" which embodies our commitment to public interests and c
Slide 25: Business Development Plans
Business Development Plans Strategy 3 Strategy 4 Strategy 2-1 Seeking At Your Strategy 5-8 Strategy 5-1 Strategy 2-8 Brokerage Dept.- Common Sustainable Set up ESG Goods checks Service development Information focus on core Good business transformation Platforms Strategy 2-2 Strategy 5-7 Strategy 2-7
Slide 26: List of Awards
List of Awards The golden prize in digital innovation, ~ Internationally Recognized by Dual Awards ~ 2023 Digital Financial Service Award Best Securities Broker Brand for Media Volume Taiwan 2023, International Business Magazine Best Securities Brokerage Taiwan 2023, Global Banking & Finance Review
Slide 27: List of Awards (continued)
List of Awards (continued) The Golden Award for 2023 Happy Enterprise, The Silver Award in 2023 TCSA Taiwan 1111 Job Bank Corporate Sustainability Awards 26
Slide 28: Sustainability Development & Capital Securities' Practices
Sustainability Development & Capital Securities’ Practices 27
Slide 29: Why Do We Promote Sustainable Development?
Why Do We Promote Sustainable Development? “Sustainable development is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs,” according to the Our Common Future Report released on the 42nd General Assembly of the United Na
Slide 30: Sustainable Development Goals (SDGs)
Sustainable Development Goals (SDGs) The UN has proposed the 2030 Sustainable Development Agenda in 2015 with 17 Sustainable Development Goals (SDGs) that are key indicators of global sustainable development. These goals serve as indispensable indicators for the international community. As they are
Slide 31: Sustainable Development Practices
Sustainable Development Practices Greenhouse Gas Inventory and Verification Status 2022/06 2022/10 2023/04 2023/04-05 2023/05 2023/06 2024/04 • complete data • propose • external GHG • set up an unit and collection on 2022 improvement inventory verification determined its GHG inventory measures afte
Slide 32: Sustainable Development Practices
Sustainable Development Practices Environment Protection (E, Environment) • 2023/09/23 The Capital Tea Serving Stop was inaugurated. Let’s drink tea and reduce plastic wastes for the Earth Social Responsibility (S, Social) • 2023/08/02 Capital Financial Knowledge Sharing Event • 2023/09/23 Jump! Cap
Slide 33: Sustainable Development Practices
Sustainable Development Practices Social Responsibility (S, Social) • 2023/09/20 Beach Cleaning by Capital Insurance: contributing effort to our environment • 2023/09/27 Tech-based staff’s physical fitness assessment • 2023/11/01 United in Love, Happiness Spread: Capital Securities blood- giving cha
Slide 34: Recognized for Sustainable Development and Corporate Governance
Recognized for Sustainable Development and Corporate Governance Selected as a constituent of FTSE4Good TIP Taiwan ESG Index Selected as a constituent of FTSE4Good Emerging Index Selected as a constituent of TWSE RA Taiwan Employment Creation 99 Index Ranked among the top 21%~35% in the 2022 Corporat
Slide 35: Thank you
che CAPITAL Thank you Cupital Cure wait 34 Bit: BA LB