Yuanta Futures Co., Ltd. · TPEX:6023
Yuanta Futures — Q4 2023 Earnings Presentation
31 slides from Yuanta Futures's earnings presentation, Apr 9, 2024
Slide 1: 2023 Q4 Results Presentation
2023 Q4 Results Presentation APRIL 09 2024 Spokesperson Karen Yuan Investor Relations Contact Person: Austin Chen President Alex Hsu Email Address of IR Contact Person: Sr. Vice President Austin Chen YF_BOD@yuanta.com Disclaimer This document is provided by Yuanta Futures Co., Ltd. (the “Company”).
Slide 2: Disclaimer
Disclaimer This document is provided by Yuanta Futures Co., Ltd. (the "Company"). Except for the numbers and information included in the Company's financial statements, the information contained in this document has not been audited or reviewed by any accountant or independent expert. The Company ma
Slide 3: Agenda
Agenda 01 Company Profile 03 Market Trends 02 Financial Results 04 Operating Perspective 3
Slide 4: Company Profile
01 | Company Profile vay 7A SIE CAMS 4
Slide 5: Basic Information of Yuanta Futures
Notes: the data is provided as on Dec 31, 2023. Stock Code Established TPEX Listing 6023 1997 2007 | Basic Information of Yuanta Futures Devoted to the futures industry for 26 years. The leading brand in Taiwan. Distributing Channels Employees Subsidiaries -Yuanta Futures (Hong Kong) 246 397 Co., Lt
Slide 6: Yuanta Futures's Exclusive Services
01 | Company Profile Yuanta Futures's Exclusive Services Global services and innovation are our advantages. Providing 24hr trading services. The only company to be awarded the "Outstanding Risk Management Award" of the Golden Goblet Awards High risk awareness and care for customers rights. - Outstan
Slide 7: Strategic Planning of Internationalization
01 | Company Profile Strategic Planning of Internationalization We Know Asia, We create Fortune. Providing the Best Financial Solutions In the Asia-Pacific Region Yuanta Futures (Hong Kong) Yuanta Futures • Exclusive Vietnamese Commodities • Leading futures company • Linking China, Korea, Malaysia,
Slide 8: Our Recognition
01 | Company Profile Our Recognition The First Taiwan company to win The First Asian Futures broker the International ESG Awards, to feature on New York's Times and the Only FCM in Asia to win Square for three consecutive years The Asset CORPORATE ESG Gold AWARDS 2020 CORPORATE Platinum AWARDS 2021
Slide 9: Financial Results
02 | Financial Results vay 7A SIE CAMS 9
Slide 10: 2023 Financial Results
02 | Financial Results 2023 Financial Results All indexes continuously hitting new record highs. Yuanta Futures Net Income Unit: NTD Yuanta Futures +62% 33.2 % All-time high! 28.4% in 2022. 1,853mn 2023 Registered FCM 1,070mn 1,145mn Net 860mn Profit other brokers 66.8% 2020 2021 2022 2023 Yuanta Fu
Slide 11: Strong Financial Position and within 1st Tier in the Industry
02 | Financial Results Strong Financial Position and within 1st Tier in the Industry Keeping ANC ratio way above minimum requirement. 81.9% 77.46% 68.6% 69.5% 66.57% 54.56% 60.70% ANC 51.69% A: Adjusted net capital 41.35% B: Unoffset margin (including leverage) C: Customer margin 29.82% (including l
Slide 12: Market Trends
03 | Market Trends vay 7A SIE CAMS 12
Slide 13: 2023 Global Market Outlook: Opportunities and Risk
03 | Market Trends 2023 Global Market Outlook: Opportunities and Risk Keep explore new investment opportunities in volatile global markets. Russia-Ukraine War The war has reached a stalemate, BOJ's Policy and the support of allies has European Economy Slows Down BOJ changes the wording of FED Fund R
Slide 14: We has achieved outstanding performance in 2023
03 | Market Trends We has achieved outstanding performance in 2023 Stay ahead of market trends and cultivate business in-depth. 2023 Whole Year No.1 in the Domestic Markets. Northern 118 TOP 1 TOP 1 1 TOP 48% Domestic F/O Foreign F/O Margin Deposits Market Share Market Share Market Share Central 56
Slide 15: 2023 Futures & Options Trading Overview in Taiwan
03 | Market Trends 2023 Futures & Options Trading Overview in Taiwan Stock Futures and Japanese Market: Bright Spots in a Declining Market Market yearly trading Domestic Futures Market volume declines 389mn 19.3% The yearly trading volume in the 367mn domestic futures market declined 278mn 296mn by
Slide 16: Trend 1- Stock futures trading hits a new peak in 2023
03 | Market Trends TAIFEX Domestic Products TXF MXF STF Others Trend 1- Transaction share in 2021 22.2% 36.9% 38.6% 2.4% Stock futures trading hits a new Transaction share in 2022 23.5% 43.7% 29.4% 3.3% peak in 2023 Transaction share in 2023 22.4% 39.9% 34.9% 2.8% Stock futures trading share up 5.5%
Slide 17: Trend 2- After-hours trading market keep popular
03 | Market Trends Global markets are highly correlated Hedging demand increased dramatically because of Israel-Palestine Conflict, rising inflation concerns, FED fund rate hike, and other factors. FINI is actively involved in Taiwan stock market Foreign investors can arbitrage and hedge via after-h
Slide 18: Trend 3- Japanese Market: A rising star in the futures industry
03 | Market Trends Weaker yen boosts Japan's stock market Break out of Trend 3－ Japan's export poised for long-term deflation, usher in growth Japanese Market: competitiveness economic virtuous cycle A rising star in 8% depreciation of JPY in 2023 has helped Japanese manufacturers Warren Buffett's B
Slide 19: Trend 4- Leveraged trading is gaining traction in 2023
03 | Market Trends Leverage contracts (CFD) trading volume has surged since 2022. Trend 4- Leveraged trading is gaining traction in 2023 Yuanta CFD trading volume has grown rapidly, with an average market share of over 50%, leading the market. Monthly trading volume exceeds NT$100 Billion! 2017 2021
Slide 20: Operating Perspective
04 | Operating Perspective vay 7A SIE CAMS 20
Slide 21: 2024 Operating Perspective
04 | Operating Perspective 2024 Operating Perspective “Building New Possibilities, Embracing Sustainability” Business Services Three core business (brokerage, proprietary We are committed to continuously trading, and leveraged transaction) are all improving our trading platform and growing steadily.
Slide 22: Pioneer of Futures Broker in Intelligent Trading
04 | Operating Perspective Pioneer of Futures Broker in Intelligent Trading Proactively invests in and upgrades digital system ahead of peers. Professional Platform Patent Application Award Winner 2023 Golden Goblet Award 2023 Outstanding Financial Commercial Times Innovation Award Digital Financial
Slide 23: Creating Innovative Digital Trading Platforms
04 | Operating Perspective Creating Innovative Digital Trading Platforms Independent development team provides diversified trading platforms. Mr. Investment • • • Intelligent classification of trading products for quick search Cross-platform cloud connection of self selected products Providing exper
Slide 24: Digitally optimization enhance customer experience
04 | Operating Perspective Digitally optimization enhance customer experience Use digital tools to simplify work processes and reduce Operational risks. Digital Data Storage Digital Supervision Forms Digital Paperless 1. Reduce error rate Save job processing time 2. Improve storage security Complete
Slide 25: Provide friendly financial services that impress customers
04 | Operating Perspective Provide friendly financial services that impress customers Protect mobility-challenged customers and implement inclusive finance. Barrier-free facilities & Elderly Care Services Official website service ✓ All 5 branches are equipped with barrier-free facilities. ✓ Build a
Slide 26: Yuanta Futures - Gifted Student in Sustainability
04 | Operating Perspective Yuanta Futures - Gifted Student in Sustainability Sustainability performance leading the industry Green Awarded with the honor of the 9th power Corporate NO.1 corporate governance“ OTC company top five-percent performance. Governance NO. 1 The 1st 100% Green Power Futures
Slide 27: Honorary Awards for Yuanta Futures
04 | Operating Perspective AWARDS Honorary Awards for Yuanta Futures 2 0 2 3 More than 80 awards. 2015-2023 2013-2023 9th consecutive year 11th consecutive year Awarded by TWSE as one of the TOP 5% 2016-2023 Selected by China Credit companies in Taiwan performing best corporate governance and corpor
Slide 28: Contact Us
Contact Us Address: 2F (Part), 3F, 4F, 5F, No. 77, Sec. 2, Nanjing E. Rd., Zhongshan Dist., Taipei City Tel: (02)2717-6000 Spokesperson: Austin Chen (Vice President) E-mail address: YF_BOD@yuanta.com Official Website Annual Report FUTURES Focus 28
Slide 29: Consolidated Financial Statements of Yuanta Futures Co., Ltd and Subsidiaries
Consolidated Financial Statements of | Appendices Yuanta Futures Co., Ltd and Subsidiaries Unit：NT$ thousands December 31, 2023 December 31, 2022 ASSETS AMOUNT % AMOUNT % Current Asset Cash and cash equivalents 11,262,291 10 9,709,678 9 Financial assets at fair value through profit or loss-current 6
Slide 30: Consolidated Financial Statements (Cont.)
Consolidated Financial Statements | Appendices of Yuanta Futures Co., Ltd and Subsidiaries (Cont.) Unit：NT$ thousands December 31, 2023 December 31, 2022 LIABILITIES AND EQUITY AMOUNT % AMOUNT % Current liabilities Financial liabilities at fair value through profit or loss- 8,422 - 26,458 - current
Slide 31: Consolidated Statements of Income
Consolidated Statements of Income | Appendices Of Yuanta Futures Co., Ltd and Subsidiaries Unit：NT$ thousands Year 2023 Year 2022 Items AMOUNT % AMOUNT % Revenues Brokerage 3,200,814 93 3,859,473 96 (Losses) gains of trading of securities (50,775) (1) (88,117) (2) Dividend income 321,081 9 79,463 2