Pt Bfi Finance Indonesia Tbk · IDX:BFIN

Pt Bfi Finance Indonesia Tbk — H1 2024 Earnings Presentation

10 slides from Pt Bfi Finance Indonesia Tbk's earnings presentation, Jul 29, 2024

  1. Slide 1: Investor Presentation

    INVESTOR PRESENTATION PT BFI FINANCE INDONESIA TBK 29 July 2024

  2. Slide 2: Key Financial Highlights

    Key Financial Highlights Consumer Lending Continues to Face Market Headwinds in 1H24 • QoQ Bookings down by 10.0% to Rp4,306 billion and YTD booking down 11.8% YoY. Slower growth Growth due to risk appetite amidst challenging market conditions • Total Managed Receivables stable at Rp22,449 bn both Q

  3. Slide 3: Balance Sheet Highlights

    Balance Sheet Highlights Continued Risk Weighing on Booking Growth In Rpbil * 1H24 1H23 YoY ∆ Comments 2Q24 1Q24 QoQ ∆ (unless otherwise stated) Continued risk and soft market New Bookings** 9,089 10,300  11.8% conditions resulting in a more 4,306 4,783  10.0% cautious business approach Managed Re

  4. Slide 4: Balance Sheet Highlights: Quarterly Bookings Trend

    Balance Sheet Highlights Internal Tightening Policy Resulting in Slower Pace of Quarterly Bookings Quarterly Bookings (excl Pinjam Modal) Trend (2020-2Q24) 6.354 6.317 5.198 4.626 4.783 4.425 4.306 4.043 4.104 3.983 4.155 3.895 3.137 3.196 2.921 2.166 1.333 57 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21

  5. Slide 5: Product Breakdown

    Product Breakdown Shift in Portfolio Composition to Higher Value Collateral due to Risk Mitigation Breakdown of Bookings (excl Pinjam Modal) Breakdown of Receivables (incl Pinjam Modal) 1H23 vs 1H24 1H23 vs 1H24 2% 3% 1% 1% 2% 3% 2% 4% 4% 4% 12% 14% 13% 15% 15% 11% 12% 7% 54% 59% 54% 57% 12% 7% 11%

  6. Slide 6: Profit & Loss Highlights

    Profit & Loss Highlights Slower booking impacted to overall performance In Rpbil * 1H24 1H23 YoY ∆ Comments 2Q24 1Q24 QoQ ∆ (unless otherwise stated) Interest Income 2,145 2,229  3.8% Due to lower receivables balance 1,079 1,066  1.1% Financing Cost 471 465  1.3% 241 230  4.5% Net Interest Incom

  7. Slide 7: Key Ratios

    Key Ratios NPF Gradually Showing Improvement since 1H23 In Rpbil * 1H24 1H23 YoY ∆ Comments 2Q24 1Q24 QoQ ∆ (unless otherwise stated) NDF yield remains resilient but some Net Interest Spread 12.0% 13.2%  117 bps 11.9% 12.1%  13 bps compression in DF yields Cost to Income 47.8% 42.8%  500 bps 47.7

  8. Slide 8: Strong Balance Sheet Quality

    Strong Balance Sheet Quality Slight Deterioration in NPF QoQ Due to Seasonality Factor NPF Trend Write-Off Trend 2020-1H24 2020-1H24 4,5% 4,5% 4,1% 4,0% 4,0% 4,0% 3,9% 3,5% 3,5% 3,5% 3,0% 3,0% 3,0% 2,5% 2,5% 2,8% 2,6% 1,8% 2,0% 2,0% 2,3% 1,70% 1,36% 1,47% 1,5% 1,25% 1,5% 1,00% 1,0% 1,0% 0,5% 0,8% 0,

  9. Slide 9: Strong Capital Base

    Strong Capital Base Funding Sources are Well-Diversified, with High Equity Levels Resulting in Low Leverage Source of Funding External Funding Sources 2020-1H24 1H24 JF 4% 8.756 9.500 9.678 6.606 Bonds 7.429 20% 103 494 623 Borrowings IDR 258 1.581 45 2.868 52% 4.721 2.979 2.487 Borrowings USD 24% 1

  10. Slide 10: Thank You

    THANK YOU BFI Finance berizin dan diawasi oleh Otoritas Jasa Keuangan #SelaluAdaJalan

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