Pt Bfi Finance Indonesia Tbk · IDX:BFIN
Pt Bfi Finance Indonesia Tbk — Q1 2025 Earnings Presentation
12 slides from Pt Bfi Finance Indonesia Tbk's earnings presentation, Apr 28, 2025
Slide 1: Investor Presentation
INVESTOR PRESENTATION PT BFI FINANCE INDONESIA TBK 28 April 2025
Slide 2: Key Financial Highlights
Key Financial Highlights Bookings Consistent QoQ Despite Challenging Market Conditions • YoY bookings increased by 23.6% to Rp5,912 billion and increased by 1.3% QoQ Growth • Total Managed Receivables grew 12.8% YoY and 5.3% QoQ, at Rp25,406 billion • NPF ratio at 1.30% in Mar-25, higher by 6 bps Yo
Slide 3: Balance Sheet Highlights
Balance Sheet Highlights Balance Sheet Continues to be Healthy – Balancing Growth and Risk In Rp bil * 1Q25 1Q24 YoY ∆ 1Q25 4Q24 QoQ ∆ (unless otherwise stated) New Bookings** 5,912 4,783 23.6% 5,912 5,835 1.3% Managed Receivables^ 25,406 22,513 12.8% 25,406 24,133 5.3% Total Net Receivables
Slide 4: Balance Sheet Highlights: Consistent QoQ Bookings Improvement
Balance Sheet Highlights Consistent QOQ Bookings Improvement Quarterly Bookings (excl Pinjam Modal) Trend (1Q21-1Q25) 6,354 6,317 5,835 5,912 5,198 5,130 4,626 4,783 4,425 4,306 4,104 3,983 4,155 3,895 3,137 3,196 2,921 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24
Slide 5: Product Breakdown
Product Breakdown Gradually recovering momentum in NDF Book Breakdown of Bookings (excl Pinjam Modal) Breakdown of Receivables (incl Pinjam Modal) 1Q24 vs 1Q25 1Q24 vs 1Q25 3% 2% 1% 1% 3% 3% 3% 3% 5% 5% 12% 12% 15% 15% 12% 11% 7% 7% 56% 59% 54% 53% 11% 11% 13% 12% 3% 1% 3% 4% 1Q24 1Q25 1Q24 1Q25 Dea
Slide 6: Profit & Loss Highlights
Profit & Loss Highlights 1Q25 Shows Significant Improvement in YoY Profitability In Rp bil * 1Q25 1Q24 YoY ∆ 1Q25 4Q24 QoQ ∆ (unless otherwise stated) Interest Income 1,142 1,066 7.1% 1,142 1,105 3.4% Financing Cost 233 230 1.4% 233 225 3.8% Net Interest Income 909 836 8.7% 909 880 3.2%
Slide 7: Key Ratios
Key Ratios Encouraging YoY Performance – ROAA and ROAE 1Q25 1Q24 YoY ∆ 1Q25 4Q24 QoQ ∆ Net Interest Spread 11.8% 12.1% 29 bps 11.8% 11.9% 10 bps Cost to Income 42.7% 48.0% 528 bps 42.7% 44.8% 208 bps CoC / Avg. Rec. 4.4% 3.7% 74 bps 4.4% 2.8% 157 bps ROAA (after tax) 6.5% 6.1% 42 bps 6
Slide 8: Strong Balance Sheet Quality
Strong Balance Sheet Quality NPF Trend Consistently Below Industry NPF Trend Write-Off Trend 2021-1Q25 2021-1Q25 4.0% 4.5% 3.9% 4.0% 3.5% 4.0% 3.5% 3.3% 3.0% 2.9% 3.0% 2.5% 3.0% 2.5% 2.0% 1.8% 2.4% 2.0% 2.3% 2.1% 1.36% 1.5% 1.25% 1.25% 1.30% 1.5% 1.00% 1.0% 1.0% 0.5% 0.5% 0.8% 0.0% 0.0% 2021 2022 20
Slide 9: Historical Financials
Historical Financials Proven Track Record – Consistently outperforming the Industry PAT (Rp bil) Track Record ROA vs Industry ROE vs Industry 2021-1Q25 2021-1Q25 2021-1Q25 1,807 21.9% 1,644 1,565 17.7% 9.6% 16.2% 15.7% 15.5% 12.2% 8.4% 8.0% 15.0% 1,131 8.0% 13.8% 14.4% 13.3% 5.0% 11.4% 5.7% 5.6% 4.9
Slide 10: Strong Capital Base
Strong Capital Base Funding sources still dominated by bank borrowings Source of Funding External Funding Sources 2021-1Q25 1Q25 JF 11% 8,756 9,500 10,182 10,668 7,429 Bonds 17% 103 494 1,223 1,699 1,581 Borrowings IDR 45 4,721 2,936 2,710 54% 2,487 Borrowings USD 18% 10,247 10,823 11,169 8,666 4,78
Slide 11: 18,000 Active Agents & Distribution Network
Distribution Network Multichannel Selling Strategy with Extensive Branch and Non-Branch Touchpoints Across the Archipelago Over 18,000 Active Agents & 267 Kalimantan Outlets* Sumatera 11% 18% 40 outlets 25 outlets Sulawesi and East 21% 46 outlets Java & Bali 50% 111 outlets * Consists of 191 branche
Slide 12: Thank you & Q&A
Thank you & Q&A BFI Finance berizin dan diawasi oleh Otoritas Jasa Keuangan #SelaluAdaJalan
PT BFI Finance Indonesia — Q1 2025 Earnings Presentation on 6ix