Capital Securities Corp. · TWSE:6005
Capital Securities — Q3 2025 Earnings Presentation
37 slides from Capital Securities's earnings presentation, Nov 21, 2025
Slide 1: Capital Securities Corporation Institutional Investor Conference
Capital Securities Corporation Institutional Investor Conference November 2025 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: Presentation Outline
Presentation Outline Company Profile 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 March 30, 2025 Government agencies Financial 1.04% institutions 21.41% Other juristic persons 43.16% Foreign institutions and individuals 12.47% Individuals 21.92% 4
Slide 6: Basic Information
Basic Information Stock code: 6005 Paid-in capital: NTD21.709bn Number of branches in Taiwan: 53 Number of employees: 2,081 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：Room 1708, Block C, Maoye Add：18F., New Shanghai Center, No. 28, North Tianfu Avenue, International Tower, No. 360 high-tech zone, Chengdu, Sichuan Pudong Nan Road, Province,P.R.
Slide 8: Non-operating Investments
Non-operating Investments 7
Slide 9: Non-operating Investments (continued)
Non-operating Investments (continued) Unit: 1,000 Net income or loss Book value as of Net income or loss Book value as of Region Name Currency Paid-in capital for Sep 30, 2025 for JAN~SEP25 Oct 31, 2025 JAN~OCT25 Taiwan Capital Futures Corp. NTD 2,499,376 10,016,106 962,910 10,175,248 1,112,343 Capi
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 2022 2023 2024 JAN~SEP25 Consolidated net income 1,846,051 5,108,776 6,572,371 5,213,013 before tax Consolidated net income 1,179,016 4,570,993 5,402,075 4,478,927 Net income attributable to shareholders of the 840,040 4,131,510 4,883,776 4,053
Slide 13: Consolidated Balance Sheet (summary)
Consolidated Balance Sheet (summary) (NTD’000) Item Sep 30, 2024 Sep 30, 2025 Current assets 283,767,180 307,981,938 Non-current assets 24,940,671 25,103,751 Total assets 308,707,851 333,085,689 Current liabilities 257,701,255 274,784,378 Non-current liabilities 5,399,947 10,298,562 Total liabilitie
Slide 14: Consolidated Comprehensive Income Statement (summary)
Consolidated Comprehensive Income Statement (summary) (NTD’000) Item JAN~SEP24 JAN~SEP25 Revenue 13,106,481 13,935,571 Operating expenses and costs 10,184,658 10,756,007 Operating income 2,921,823 3,179,564 Other income and expenses 2,166,249 2,033,449 Net income before tax 5,088,072 5,213,013 Incom
Slide 15: Earnings Breakdown by Major Business
Earnings Breakdown by Major Business JAN-SEP24 JAN-SEP25 60% 56% 50% 43% 40% 32% 30% 22% 22% 20% 17% 10% 5% 3% 0% Brokerage Proprietary trading & Underwriting & Others Non-operating investments Derivatives & Fixed income 14
Slide 16: Business Performance and Market Ranking
Business Performance and Market Ranking Figures in Market ranking in Item JAN~SEP25 JAN~SEP25 Market share in brokerage 3.74% 9 Market share in margin financing 4.98% 8 Trust business-AUM NTD17.818bn 6 Number of warrants issued 6,969 3 Value of warrants issued NTD56bn 3 Value of structured products
Slide 17: Dividend Payout
Dividend Payout Unit: NTD EPS Cash dividend per share 2.50 2.42 2.25 2.00 1.9 1.64 1.50 1.00 1.65 1.5 1.33 0.50 1.1 0.39 0.39 0.00 2020 2021 2022 2023 2024 16
Slide 18: Capital Adequacy Ratio
Capital Adequacy Ratio Capital adequacy ratio Minimum capital adequacy ratio: 200% 400% 300% 279% 278% 279% 265% 267% 200% 100% 0% 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 17
Slide 19: Ratings
Ratings Fitch Ratings Long-term Issuer Default Rating 2025 (IDR) BBB- National Long-term Rating A(twn) National Short-term Rating F1(twn) Outlook Stable 18
Slide 20: OCT25 Operating Results
OCT25 Operating Results Unit: NTD’000 Entity OCT25 JAN~OCT25 Net income before tax 652,136 5,211,191 Net income 583,467 4,630,701 EPS (NTD) 0.27 2.13 Consolidated OCT25 JAN~OCT25 Net income before tax 752,434 5,958,805 Net income 650,601 5,122,886 ※ Unaudited 19
Slide 21: JAN~OCT25 Earnings Breakdown by Major Business
JAN~OCT25 Earnings Breakdown by Major Business JAN~OCT25 60% 50% 44% 40% 31% 30% 22% 20% 10% 3% 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~OCT25 JAN~OCT25 Market share in brokerage 3.72% 9 Market share in margin financing 4.98% 8 Trust business-AUM NTD18.054bn 6 Number of warrants issued 7,785 3 Value of warrants issued NTD62.1bn 3 Value of structured product
Slide 23: Prospect and Outlook
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Slide 24: Business Philosophy: Our Vision and Our Belief
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 1 Wealth Management Strategy 2 The AI Dual-Engine Approach • Business Differentiation and Service • Stable returns: Implementing robo-advisory Specialization services to enhance client satisfaction • Providing Global Asset Allocation • Proprietary trading: Establishing AI-
Slide 26: Sustainability Development & Capital Securities' Practices
Sustainability Development & Capital Securities’ Practices 25
Slide 27: 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 28: List of Awards
List of Awards We received the “Best Securities Broker Brand for Media Volume Taiwan 2025 Award” from International Business Magazine. We received the “Digital Finance Awards for Green Net-Zero Finance Award 2025” and “Digital Information Security Award for Anti-Fraud Division Merit Award 2025” from
Slide 29: Sustainability Highlights
Sustainability Highlights 1. Continuously selected as a constituent stock of both the “Taiwan ESG Index” and the “Taiwan Employment Creation 99 Index”. 2. Highly commended by Finance Asia as the Best Financial Institution for Innovative Technology Application in Taiwan’s Non-Banking Financial Sector
Slide 30: Sustainable Development Practices
Sustainable Development Practices Forest Restoration: Creating a Sustainable Green Future Initiative We responded to United Daily News’ online advocacy program “Starting from Seeds: Growing Together with the Island’s Future.” We joined corporate partners in seedling cultivation at the Dadu Mountain
Slide 31: Sustainable Development Practices (continued)
Sustainable Development Practices (continued) The “Capital Securities Reading Program” has been cultivating campus connections for twelve consecutive years, using reading to inspire knowledge about sustainability and finance We have promoted this program for twelve years, and in 2025, starting from
Slide 32: Sustainable Development Practices (continued)
Sustainable Development Practices (continued) Partnering with TSG Hawks for Anti-Fraud Brand Day, we transmitted fraud awareness concepts through sportsmanship We held “Capital Securities Brand Day” at Taipei Dome in collaboration with TSG Hawks and the Investigation Bureau of Ministry of Justice of
Slide 33: Sustainable Development Practices (continued)
Sustainable Development Practices (continued) Investment and Financial Management Forums and Seminars • We held an “Agentic AI Smart New Trends” forum that analyzed the development of AI autonomous agent technology and cross-industry applications, helping investors grasp the new wave of technologica
Slide 34: Sustainable Development Practices (continued)
Sustainable Development Practices (continued) Investment and Financial Management Forums and Seminars • In partnership with BlackRock Taiwan, we held the “Grasping the New Landscape of Smart Waves: Hong Kong and China AI Stocks” forum, analyzing how China’s AI rise drives stock market highs and indu
Slide 35: Sustainable Development Practices (continued)
Sustainable Development Practices (continued) Launching the AI Investment New Era, we partnered with Systex to introduce “AI Q&A” This collaboration created Taiwan’s first “AI Q&A” service by integrating decision-based AI technology into the Qunyi Winner Pro APP. The service generates key individual
Slide 36: Sustainable Development Practices (continued)
Sustainable Development Practices (continued) Completion of Financed Emissions Certification Becoming Taiwan’s first securities firm to receive BSI recognition We successfully completed the calculation of 2024 financed emissions and obtained certification from BSI. The certification covers PCAF and
Slide 37: Thank you!
Thank you! For any concerns, please contact the “165 Anti-Fraud Hotline” for verification. If you encounter any suspected fraudulent activity involving our company’s name, you may also Anti-fraud reach our anti-fraud consultation education line at 412-8878. Additionally, verification can be done thr