Is Yatirim Menkul Degerler As · BIST:ISMEN
Is Yatirim Menkul Degerler As — İş Yatırım Menkul Değerler A.Ş. — FY2020 Earnings Presentation
18 slides from Is Yatirim Menkul Degerler As's earnings presentation, Feb 1, 2021
Slide 1: Performance & Financial Results FY20
Performance & Financial Results FY20 February 1, 2021
Slide 2: Performance & Financial Results – FY20
Performance & Financial Results – FY20 About Us Operational Performance Financial Results
Slide 3: About Us
About Us Shareholder Structure Business Lines • Brokerage & Trading • Investment Advisory • Asset Management Isbank & Free Float • Corporate Finance Isbank Group 29.2% Companies • Research %70.8 Subsidiaries IS Private Equity: (Share: 29.0%) (Ticker: ISGSY:TI) One of Turkey’s largest Private Equity
Slide 4: Operational Performance
Performance & Financial Results – FY20 About Us Operational Performance Financial Results
Slide 5: Operational Performance Equities
Operational Performance Equities Equity Market - Borsa Istanbul IS Investment 9,5% 13.189 10,0% 1.200 1.255 9,0% Trading Volume (TL Billion) 1.000 8,1% 8,0% 7,9% 7,9% 7,8% 7,0% 800 6,0% 5,0% 600 3.987 4.260 4,0% 2.936 400 3,0% 2.027 309 347 2,0% 200 232 1,0% 160 '16 '17 '18 '19 '20 0 0,0% '16 '17 '1
Slide 6: Operational Performance Derivatives
Operational Performance Derivatives Turkish Derivatives Market (VIOP) IS Investment 600 14,8% 16,0% 14,0% 500 12,2% 535 11,4% 10,8% 12,0% 400 Trading Volume (TL Billion) 10,0% 9,3% 5.737 300 9,…8,0% 308 311 6,0% 200 245 4,0% 100 132 2,0% 2.872 2.520 0 0,0% 1.660 '16 '17 '18 '19 '20 1.161 Trading Vol
Slide 7: Operational Performance Primary Market – Debt Securities
Operational Performance Primary Market – Debt Securities Debt securities issuances - Market IS Investment 250 Total Issuance Size Number of Issuances 1.600 22 140 TL Billion Issuance size Number of issuances TL Billion 1.383 1.330 1.400 22 200 1.254 116 120 112 206,1 1.200 21 108 21,3 1.211 199,5 21
Slide 8: Operational Performance Assets under Management – Equity Margin Trading
Operational Performance Assets under Management – Equity Margin Trading AuM - IS Asset Management Equity Margin Trading - IS Investment 900 Assets Under Managament (TLMn) 2019 2020 Change (%) 800 700 770,5 Mutual Funds 26,211 25,852 -1.4 600 500 Pension Funds 22,199 29,630 33.4 400 300 Other 5,117 5
Slide 9: Financial Results
Performance & Financial Results – FY20 About Us Operational Performance Financial Results
Slide 10: Financial Results Main Consolidated Financial Figures
Financial Results Main Consolidated Financial Figures IS Investment - Consolidated 2019 2020 y/y (%) (TL000) Total Assets 6,717,106 8.775,444 30,6 Shareholders' Equity 1,106,993 1,909,258 72,5 Net Profit 382,874 941,974 146,0 TL Mn 9.000 8.775 67,5% 70% 66% 8.000 7.673 62% 58% 7.000 6.518 6.717 54%
Slide 11: Financial Results Breakdown of Commissions
Financial Results Breakdown of Commissions Commission Revenues 2019 2020 y/y (%) (TL 000) Brokerage 195,410 588,198 202,0 Corporate Finance 20,475 20,345 -0,6 Asset Management 78,113 123,461 58,1 Other Commissions 6,489 11,596 78,7 TOTAL 300,487 743,600 147,5 Commission Revenues – 2019 Commission Re
Slide 12: Financial Results Breakdown of Operating Revenues
Financial Results Breakdown of Operating Revenues Breakdown of Revenues 2019 2020 y/y (%) (TL 000) Interest and Trading Income 737,342 1,125,868 52,7 Commission Revenues 300,487 743,600 147,5 TOTAL 1,037,829 1,869,468 80,1 Operating Revenues – 2019 Operating Revenues – 2020 Commission Interest and I
Slide 13: Financial Results Breakdown of Operating Expenses
Financial Results Breakdown of Operating Expenses Operating Expenses 2019 2020 y/y (%) (TL 000) Marketing, Sales and Distribution Expenses 114,052 157,136 37,8 General Administrative Expenses 306,457 367,209 19,8 Other Operating Expenses 1,933 2,933 51,7 TOTAL 422,442 527,278 24,8 Operating Expenses
Slide 14: Financial Results– Efficiency Ratios
Financial Results– Efficiency Ratios ROAE - ISMEN Cost/Income Ratio - ISMEN 67,5% 85,0% 81,1% 65,0% 55,0% 75,0% 45,0% 65,0% 60,2% 31,3% 41,2% 55,0% 51,2% 35,0% 25,8% 25,0% 45,0% 40,7% 15,0% 9,7% 35,0% 28,2% İş Yatırım İş Yatırım 5,0% 25,0% 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 Consolidat
Slide 15: Financial Results– Price Performance & Daily Trading Volume
Financial Results– Price Performance & Daily Trading Volume Price Performance - ISMEN Daily Trading Volume (TL) - ISMEN 400 7.000 300.000.000 Relative to Market Cap (TL Bn) 350 BIST-100 6.000 250.000.000 300 ISMEN - Relative Performance to BIST 100 100 Base Market Cap (TL mn) 5.000 200.000.000 250 2
Slide 16: Investor Relations
Investor Relations Kenan Ayvacı Deputy CEO Phone : +90 0212 350 25 00 Fax : +90 0212 350 20 01 E-mail : kayvaci@isinvestment.com The Investor Relations Department is responsible Fatih Mehmet Yılmaz for the timely communication of necessary, accurate, complete, comprehensible and easily Financial Dir
Slide 17: Disclaimer
Disclaimer The information in this report is prepared by “IS YATIRIM MENKUL DEGERLER A.S.” (IS Investment) and it is not to be construed as an offer or solicitation for the purchase or sale of any financial instrument or the provision of an offer to provide investment services. Information, opinions
Slide 18: Performance & Financial Results FY20
Performance & Financial Results FY20 February 1, 2021
İş Yatırım Menkul Değerler A.Ş. — FY2020 Earnings Presentation on 6ix