Capital Securities Corp. · TWSE:6005
Capital Securities — Q3 2024 Earnings Presentation
37 slides from Capital Securities's earnings presentation, Nov 26, 2024
Slide 1: Capital Securities Corp. Investor Conference November 2024
Capital Securities Corp. Investor Conference November, 2024 The tricks of scammers include impersonating celebrities to solicit money or personal information, providing high compensation for a position that requires “no skills or experiences,” offering free services, and masquerading as Anti- legiti
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 April 29, 2024 Financial Government institutions agencies Foreign 4.74% 1.81% institutions and individuals 16.96% Other juristic persons 47.38% Individuals 29.11% 4
Slide 6: Basic Information
Basic Information Stock code: 6005 Paid-in capital: NTD21.709bn Number of branches in Taiwan: 53 Number of employees: 1,969 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: 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, 2024 for JAN~SEP24 Oct 31, 2024 JAN~OCT24 Taiwan Capital Futures Corp. NTD 2,104,376 7,455,723 956,860 7,551,457 1,036,040 Capita
Slide 10: Organizational Structure
chet Organizational Structure CAPITAL Offshore Securities Unit Corporate Planning Department Shareholders Information Tech. Department Meeting Administration Department Audit Committee Finance Department Remuneration Settlement & Clearing Department Registrar Agency Department Fixed Income Departmen
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 2021 2022 2023 JAN~SEP24 Consolidated net income 6,227,509 1,846,051 5,108,776 5,088,072 before tax Consolidated net income 5,461,649 1,179,016 4,570,993 4,266,871 Net income attributable to shareholders of the 5,249,590 840,040 4,131,510 3,851
Slide 13: Consolidated Balance Sheet (summary)
Consolidated Balance Sheet (summary) (NTD’000) Item Sep 30, 2023 Sep 30, 2024 Current assets 203,487,868 283,767,180 Non-current assets 23,075,922 24,940,671 Total assets 226,563,790 308,707,851 Current liabilities 182,733,020 257,701,255 Non-current liabilities 1,957,250 5,399,947 Total liabilities
Slide 14: Consolidated Comprehensive Income Statement (summary)
Consolidated Comprehensive Income Statement (summary) (NTD’000) Item JAN~SEP23 JAN~SEP24 Revenue 9,159,204 13,106,481 Operating expenses and costs 7,048,484 10,184,658 Operating income 2,110,720 2,921,823 Other income and expenses 1,668,708 2,166,249 Net income before tax 3,779,428 5,088,072 Income
Slide 15: Earnings Breakdown by Major Business
Earnings Breakdown by Major Business JAN-SEP23 JAN-SEP24 60% 56% 50% 50% 40% 30% 24% 22% 22% 20% 17% 10% 5% 4% 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~SEP24 JAN~SEP24 Market share in brokerage 3.53% 9 Market share in margin financing 5.01% 8 Trust business-AUM NTD16.438bn 7 Number of warrants issued 8,149 3 Value of warrants issued NTD60.1bn 2 Value of structured product
Slide 17: Dividend Payout
Dividend Payout Unit: NTD EPS Cash dividend per share 2.50 2.42 2.00 1.90 1.64 1.50 1.11 1.00 1.65 1.33 0.50 1.1 0.39 0.8 0.39 0.00 2019 2020 2021 2022 2023 16
Slide 18: Capital Adequacy Ratio
Capital Adequacy Ratio Capital adequacy ratio Minimum capital adequacy ratio: 200% 400% 312% 300% 276% 279% 261% 250% 200% 100% 0% 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 17
Slide 19: Ratings
Ratings Fitch Ratings Long-term Issuer Default Rating 2024 (IDR) BBB- National Long-term Rating A(twn) National Short-term Rating F1(twn) Outlook Stable 18
Slide 20: OCT24 Operating Results
OCT24 Operating Results Unit: NTD’000 Entity OCT24 JAN~OCT24 Net income before tax 275,434 4,710,586 Net income 206,870 4,041,627 EPS (NTD) 0.10 1.86 Consolidated OCT24 JAN~OCT24 Net income before tax 328,208 5,400,015 Net income 241,256 4,491,862 ※ Unaudited 19
Slide 21: JAN~OCT24 Earnings Breakdown by Major Business
JAN~OCT24 Earnings Breakdown by Major Business JAN~OCT24 90% 70% 61% 50% 30% 23% 11% 5% 10% -10% -30% 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~OCT24 JAN~OCT24 Market share in brokerage 3.54% 9 Market share in margin financing 5.02% 8 Trust business-AUM NTD16.674bn 6 Number of warrants issued 8,926 3 Value of warrants issued NTD66.8bn 2 Value of structured product
Slide 23: Prospect and Outlook
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Slide 24: Business philosophy: Our vision, 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 Strategy 1: Brokerage Dept. focusing Strategy 8:Sustainable developments on maximizing core business & market share 1 8 FY25 Strategy 7: Legal compliance & Strategy 2: Expanding asset management scale & asset stock 2 Operational 7 risk managements Direction 1. Gradual impr
Slide 26: List of Awards
List of Awards International Business Magazine’s Best Securities Broker Brand for Media Volume Taiwan 2024 25
Slide 27: List of Awards (continued)
List of Awards (continued) Recognized among the 2024 Taiwan FINI FIG 10 Recipient of the Wealth Magazine’s “2024 Outstanding Brokerage by Client Recommendation Award” Recipient of the TWSE’s “Outstanding Award for Anti-Fraud Evaluation” Recipient of the “Sports Enterprise Certification” awarded by t
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 Environmental Protection (E, Environment) • We participated in Chiayi City Government’s “Beautiful City Project,” collaborating with the government to promote low carbon consumption and ecological conservation. • We participated in the “Sustainable Mountains and Sea
Slide 32: Sustainable Development Practices (continued)
Sustainable Development Practices (continued) Environmental Protection (E, Environment) • On behalf of the company, some staffs joined the Chicken & Beer Festival in Chiayi to promote environmental awareness. • On behalf of the company, some staffs also took a ESG walking tour along the Xindian Rive
Slide 33: Sustainable Development Practices (continued)
Sustainable Development Practices (continued) Social Responsibilities (S, Social) • We donate books for public welfare to not only support strategic learning within the company but enhance education in rural areas. • We are passionate about our 5D anti-fraud campaign to raise public awareness about
Slide 34: Sustainable Development Practices (continued)
Sustainable Development Practices (continued) Social Responsibilities (S, Social) • Capital securities collaborates with professional basketball team Tainan TSG GhostHawks to promote sports and a healthy lifestyle in the country. • Capital securities also collaborates with illustrator Liang Gen to p
Slide 35: Sustainable Development Practices (continued)
Sustainable Development Practices (continued) Corporate Governance(G, Governance) • We are committed to treating our customers fairly and have received the FSC’s “Best Improvement Award for Securities Firms”. • We host a supplier sustainability initiative conference, focusing on how to achieve net-z
Slide 36: 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 2023 Corporat
Slide 37: Thank you
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