Aeon Credit Service (asia) Co., Ltd. · HKEX:900
Aeon Credit Service (asia) — FY2020/21 Earnings Presentation
12 slides from Aeon Credit Service (asia)'s earnings presentation, Jun 25, 2021
Slide 1: AEON Credit Service (Asia) Co., Ltd. Corporate Presentation
AEON Credit Service (Asia) Co., Ltd. Stock Code: 900 Corporate Presentation 25 June 2021 FY2020/21 FY2020/21 Annual General Annual Results Meeting Announcement
Slide 2: Financial Review for the year ended 28 February 2021
Financial Review for the year ended 28 February 2021 2 FY2020/21 Annual General Meeting
Slide 3: FY2020/21 Annual Results Highlights
FY2020/21 Annual Results Highlights FY2020/21 FY2019/20 YoY Revenue HK$ 1,090M HK$ 1,298M -16% Interest expense HK$ 42M HK$ 68M -38% Impairment losses & HK$ 211M HK$ 259M -18% impairment allowances Operating expenses HK$ 536M HK$ 566M -5% Profit before tax HK$ 358M HK$ 445M -19% Profit after tax HK$
Slide 4: Geographical Results Information
Geographical Results Information Hong Kong PRC Consolidation FY 2020/21 Revenue HK$ 1,077M HK$ 13M HK$ 1,090M Segment results HK$ 364M HK$ - 7M HK$ 357M Unallocated income HK$ 1M Profit before tax HK$ 358M FY2019/20 Revenue HK$ 1,285M HK$ 13M HK$ 1,298M Segment results HK$ 460M HK$ - 15M HK$ 445M Un
Slide 5: Stable Dividend Payout
Stable Dividend Payout Dividend policy: Annual dividend payout ratio of not less than 30% of the net profit attributable to shareholders of the Company for the financial year 55.5% 49.8% (HK$ cent) 42.1% 44 44 40 22 22 18 22 22 22 Interim dividend Final dividend (Year) FY 2018/19 FY 2019/20 FY 2020/
Slide 6: Strategic Overview
Strategic Overview 6 FY2020/21 Annual General Meeting
Slide 7: Comprehensive Credit Assessment Framework
Comprehensive Credit Assessment Framework Customers’ Regain the Momentum of Needs Receivable Growth (HK$ million) Credit 3,996 Assessment Risk 3,966 Appetite 3,947 3,944 Profitability • Optimize personal credits according to customers financial needs • Utilize Data Analytical Technique to Feb 2021 M
Slide 8: Accelerating Digitalization
Accelerating Digitalization Digitization investment Capital expenditure HK$ 230M Operating expenditure HK$ 490M Market Demand Total investment HK$ 720M Security Future Web Mobile App Fintech Flexibility System System Apps system framework Digital API Platform Stability Data Warehouse New Core System
Slide 9: Progress of New Card & Loan System
Progress of New Card & Loan System • Progress: completed acquiring phase and front-end processor (on schedule) Customers’ We are here Experience Phase 1 Phase 2A Phase 2B Expected (September 2019 (September 2020 (Commences in Completion Date Completed) Completed) April 2021) Early 2023 Net-member an
Slide 10: Shift of Sales Channel to Online
Shift of Sales Channel to Online Card Acquisition Personal Loan Sales Cash Advance Sales E-Statement ATM Tel- Tel- marketing/ Branch marketing/ Branch Branch 70% Online 48% 40% Online 30% Online 40% Online 13% 19% 23% FY 2020/21 FY 2021/22 FY 2020/21 FY 2021/22 FY 2020/21 FY 2021/22 FY 2020/21 FY 20
Slide 11: Focus on Shenzhen and Expanding to Greater Bay Area
Focus on Shenzhen and Expanding to Greater Bay Area Voluntary liquidation • AMF Shenyang • AMF Tianjin Upcoming Focus on Shenzhen (AMF Shenzhen and AIS) • Increase in revenue • Strengthen business management of subsidiary, i.e. governance, internal control • Digitalize product/ service/ back office
Slide 12: Thank you
Thank you FY2020/21 FY2020/21 Annual General Annual Results Meeting Announcement
AEON Credit Service (Asia) — FY2020/21 Earnings Presentation on 6ix