Guotai Junan International Holdings Limited · HKEX:1788
Guotai Junan International — H1 2024 Earnings Presentation
27 slides from Guotai Junan International's earnings presentation, August 2024
Slide 1: 2024 Interim Results
2023年全年业绩 2024 Interim Results Stock code: 1788.HK Hong Kong · August 2024 Guotai Junan International Holdings Ltd | Company Website ：www.gtjai.com | WeChat Account ：GTJAI1788
Slide 2: Content
2023年全年业绩 Content Overview Page 3 Markets | Results Review Financial Review Page 5 Financial Indicators | Revenue Breakdown | Balance Sheet | Liquidity Management | Investor Return | Credit Ratings Business Development Page 13 Wealth Management | Product Innovation | Corporate Finance | Institutiona
Slide 3: Markets: Multiple Uncertainties Continuously Affected Hong Kong Capital Market
Markets: Multiple Uncertainties Continuously Affected Hong Kong Capital Market Indices Performance from mid-2022 to mid-2024 HSI Hang Seng Index HK IPO Funds +3.9% Raised Average Daily Turnover HSTECH -26.2% YOY -4.5% YOY 2022/06 2022/09 2022/12 2023/03 2023/06 2023/09 2023/12 2024/03 2024/06 ACYC
Slide 4: Results Review: Overall Growth, Continuous Cash Dividend Payouts
The Revenue (by Income Nature and Business Segment) Achieved an Results Review: Overall Growth, Continuous Cash Dividend Payouts Revenue increased by 41% to 2,171 million Revenue (By Income Nature) Revenue (By Segment) Asset 2,171 Total assets increased by 14% to Net Trading and Investment Wealt
Slide 5: Financial Review
2024 Interim Results Financial Review Financial Indicators | Revenue Breakdown | Balance Sheet | Liquidity Management | Investor Return | Credit Ratings
Slide 6: Financial Indicators: Maintained Profitability Since Listing
Financial Indicators: Maintained Profitability Since Listing with Steady Development of Businesses P&L Extracts 1H 2024 1H 2023 Change1 Commission and fee income2 358,511 341,975 5% - IPO financing amount of HK stocks (HK$ billion) 13.2 17.9 -26% - Average daily turnover of HK stocks (HK$ billion) 1
Slide 7: Revenue Breakdown (By Nature): Diversified Development Has Achieved Remarkable Results
Revenue Breakdown (By Nature): Diversified Development Has Achieved Remarkable Results Commission and Fee Interest HKD’000 1H 2024 1H 2023 YOY1 HKD’000 1H 2024 1H 2023 YOY1 Brokerage 221,717 225,957 -2% Loans and financing 226,005 222,164 2% Corporate finance 89,206 65,814 36% Banks 693,224 522,452
Slide 8: Revenue Breakdown (By Segment): Income from Investment Management Grew Significantly
Dual Driving of Wealth Management and Institutional Finance, Revenue Breakdown (By Segment): Income from Investment Management Business Grew Significantly Investment Wealth management: 45% 1H 2024 Wealth Management Institutional Finance Management Institutional investor Investment HK$’000 Wealth man
Slide 9: Balance Sheet: Client Demand Driven, Empowered by Risk Management
Balance Sheet: Client Demand Driven, Empowered by Risk Management HKD’000 30 June 2024 Contribution1 31 December 2023 Contribution1 Assets Assets Distribution 30 Jun 2024 Cash and Cash Equivalents Loans and advances to customers 6,541,484 5.34% 5,761,594 5.36% HK$ Billion Receivable from reverse rep
Slide 10: Liquidity Management: Sufficient Credit Lines to Maintain Sound and Stable Liquidity
Liquidity Management: Sufficient Credit Lines to Maintain Sound and Stable Liquidity Funding Sources Banking Facilities Cash 30 June 31 December HK$ million Change 17.2% 2024 2023 Total banking Funding 37,222 33,475 11% facilities MTN Resources HK$ 33.4% Bank loans utilized 64.07 Bi Lateral 9,346 9,
Slide 11: Investor Return: Cash Dividends Since Listing, and Share Repurchase Plan
Adhering to the Investor-oriented Approach, Continuously Distributing All- Investor Return: Cash Dividends Since Listing, and Implementing a Share Repurchase Plan 1,000,000 HK$ 000 90% 900,000 All-Cash Dividends 80% 80% Every Fiscal Year Since Listing 800,000 70% 700,000 60% 59% 60% Average Dividend
Slide 12: Credit Ratings: First Tier Among Chinese Financial Institutions in Hong Kong
Credit Ratings: First Tier Among Chinese Financial Institutions in Hong Kong Milestones of Credit Ratings Peers Comparison June 2024: S&P reaffirmed the Company's "BBB+" investment grade rating (long-term BBB+ BBB+ BBB+ BBB+ BBB+ issuer rating), with the outlook remaining "stable". October 2023: Moo
Slide 13: Business Development
2024 Interim Results Business Development Wealth Management | Product Innovation | Corporate Finance | Institutional Services | Regional Collaboration | Sustainable and Green Finance
Slide 14: Wealth Management and Product Innovation: Strengthen Wealth Management Service Capabilities
Keep up with Market Trends and Client Demands, and Continuously Wealth Management and Product Innovation: Strengthen Wealth Management Service Capabilities Diversified Products and Services Digital Intelligent Transformation Keeping abreast of market trends to continuously develop diversified produc
Slide 15: Whole-Cycle Corporate Finance: Building an Extensive Full-Cycle Services Chain
Whole-Cycle Corporate Finance: Building an Extensive and Full-Cycle Corporate Finance Services Chain Sponsorship, Equity Underwriting, Financial Advisory and Compliance Bond Underwriting Services Advisory Services • In the first half of 2024, a total of 113 bond issuance projects were completed, • I
Slide 16: Institutional Services: Comprehensive Institutional Client Service Platform
Continuously Building a “Professional, Diversified, and High-Quality Institutional Services: Comprehensive" Institutional Client Service Platform Comprehensive service Various structured notes Different risk for cross-border Participant Notes Leading credit rating appetites transactions Total Return
Slide 17: Featured Regional Collaboration: Rooted in Hong Kong, Expanding into Southeast Asia
Featured Regional Collaboration: Rooted in Hong Kong, Expanding into Southeast Asia, Serving Global Markets Vietnam Subsidiary • The first Chinese securities firm entered Vietnam, offering diversified services • Total number of new securities accounts opened +107% YoY, international customer account
Slide 18: ESG: Integrating ESG Principles into Daily Business Operations and Management
ESG: Integrating ESG Principles into Daily Business Operations and Management ESG Ratings Accelerating the Development of Green Financial Service Sustainability-Linked Loan and Capabilities Green Deposits Total Issuance Scale of the Sustainable Finance Projects Amounted to Nearly HK$70 Billion • BBB
Slide 19: Outlook: Continuously Enhancing Core Business Capabilities
Outlook: Continuously Enhancing Core Business Capabilities, Forging Integrated Financial Service Platform Diversified Products Innovation Digital Intelligent Wealth Management Maintaining a keen market sense, continuously Building a digitized intelligent wealth management innovating new products, an
Slide 20: Appendix
Appendix 2024 Interim Results Organizational Structure | Milestone | Shareholding Structure | Licenses | Awards
Slide 21: Organizational Structure: Comprehensive Financial Service Capabilities
Mature International Business Platform with Leading Organizational Structure: Comprehensive Financial Service Capabilities Public Holders Shanghai SASAC Shenzhen SASAC Guotai Junan Securities Co., Ltd. Public Holders (SHEX Code: 601211.SH HKEX: 2611.HK) 73.74% 26.26% 100% Guotai Junan International
Slide 22: Milestone: Seized the Opportunities and Created Values for Shareholders
Milestone: Seized the Opportunities and Created Values for Shareholders • Received approval for the establishment of • First Chinese securities company securing a foothold in Macau subsidiary Vietnam • MSCI ESG Rating BBB • Third issuer of derivative warrant products with Chinese • Ranked double No.
Slide 23: Shareholding Structure: Diversified Composition of Shareholders
Shareholding Structure: Diversified Composition of Shareholders Investment from southbound funds continues to increase Controlling Management Hong Kong • Mainland investors’ investment sentiment Shareholder Shareholding Stock Connect continues to rise, with a significant 80% YOY increase in sharehol
Slide 24: Regulatory Licenses
Regulatory Licenses Issued by the Securities and Futures Commission of Hong Kong Issued by Mandatory Provident Fund Schemes Authority Type 1 (Dealing in securities) (1 April 2003) Principal Intermediary (20 December 2012) Type 2 (Dealing in futures contracts) (1 April 2003) Issued by China Sec
Slide 25: Awards: Outstanding Brand Presence
Awards: Outstanding Brand Presence Bond Connect Outstanding Participants 2024: BOND CONNECT • Primary Market Pioneer (Underwriter) 2024 Professional Financial Institution Service Awards: Hong Kong Commercial Daily • Professional Wealth Management Services Award 2023 China Financial Market Awards Chi
Slide 26: Disclaimer
2023年全年业绩 Disclaimer: This presentation does not constitute an offer or invitation to purchase or subscribe for any securities or financial instruments or the provision of any investment advice, and no part of it shall form the basis of or be relied upon in connection with any contract, commitment o
Slide 27: Thanks
2023年全年业绩 Follow us Thanks Company Website Wechat official account www.gtjai.com GTJAI1788 Contact：ir@gtjas.com.hk Guotai Junan gtjai1788 gtjai1788 Guotai Junan International International 27
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