Capital Securities Corp. · TWSE:6005
Capital Securities — Q1 2022 Earnings Presentation
29 slides from Capital Securities's earnings presentation, Jun 28, 2022
Slide 1: Capital Securities Corporation Institutional Investor Conference
Capital Securities Corporation Institutional Investor Conference June 2022 0
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 Operation Prospect and profile overview outlook Basic Financial Operational plan information statements Non-operating Operational List of awards investments results 2
Slide 4: Company Profile
Company Profile Operation overview Prospect and outlook 3
Slide 5: Shareholder structure
Shareholder structure Data as of April 29, 2022 45% 43.28% 40% 35% 34.44% 30% 25% 20% 17.83% 15% 10% 4.19% 0.26% 5% 0% OTHER JURISTIC INDIVIDUALS FOREIGN FINANCIAL GOVERNMENT PERSONS INSTITUTIONS INSTITUTIONS AGENCIES AND INDIVIDUALS 4
Slide 6: Basic information
Basic information Stock code: 6005 Paid-in capital: NTD21.709bn Number of branches in Taiwan: 53 Number of employees: 1,940 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 100% 100% 100% 56.58% 100% 100% 20% 100% 100% 100% 100% 100% 100% 51% 100% 7
Slide 9: Non-operating investments (continued)
Non-operating investments (continued) Unit：1000 Net income or Net income or Book value as of Book value as of Region Name Currency Paid-in capital loss for loss for Mar 31, 2022 May 31, 2022 JAN~MAR22 JAN~MAY22 Taiwan Capital Futures Corp. NTD 2,104,376 6,430,808 154,884 6,532,719 250,410 Capital In
Slide 10: Organizational structure
Organizational structure Offshore Securities Unit Shareholders Corporate Planning Department Meeting Information Tech. Department Audit Committee Administration Department Board of Directors Risk Management Committee Finance Department Remuneration Committee Chairman Office Settlement & Clearing Dep
Slide 11: Operation overview
Company Profile Operation overview Prospect and outlook 10
Slide 12: Financial data over the past three years
Financial data over the past three years (NTD’000) Item 2019 2020 2021 JAN~MAR22 Consolidated net income 3,228,097 4,382,700 6,227,509 471,183 before tax Consolidated net income 2,829,234 3,840,679 5,461,649 350,282 Net income attributable to shareholders of the parent 2,566,823 3,569,529 5,249,590
Slide 13: Consolidated balance sheet (summary)
Consolidated balance sheet (summary) (NTD’000) Item Mar 31, 2021 Mar 31, 2022 Current assets 158,391,812 179,973,591 Non-current assets 17,278,685 17,896,351 Total assets 175,670,497 197,869,942 Current liabilities 133,170,073 153,381,913 Non-current liabilities 2,288,230 2,588,965 Total liabilities
Slide 14: Consolidated comprehensive income statement (summary)
Consolidated comprehensive income statement (summary) (NTD’000) Item JAN~MAR21 JAN~MAR22 Revenue 3,175,945 2,054,009 Operating expenses and costs 1,849,785 1,813,992 Operating income 1,326,160 240,017 Other income and expenses 220,203 231,166 Net income before tax 1,546,363 471,183 Income tax expens
Slide 15: Earnings breakdown by major business
Earnings breakdown by major business JAN~MAR21 JAN~MAR22 150% 137% 100% 49% 50% 34% 29% 7% 5% 10% 0% -50% -71% -100% Brokerage Proprietary trading & Underwriting & Others Non-operating Derivatives & Fixed investments income 14
Slide 16: Business performance and market ranking
Business performance and market ranking Figures in Market ranking in Item JAN~MAR22 JAN~MAR22 Market share in brokerage 3.81% 8 Market share in margin financing 5.46% 5 Trust business-AUM NTD12.167bn 6 Number of warrants issued 1,964 3 Value of warrants issued NTD23.5bn 3 Value of structured product
Slide 17: Dividend payout
Dividend payout Unit: NTD EPS Dividend per share 2.50 2.42 2.00 1.64 1.50 1.33 1.11 1.00 1.65 0.61 0.50 1.1 0.9 0.8 0.4 0.00 2017 2018 2019 2020 2021 Item 2017 2018 2019 2020 2021 EPS 1.33 0.61 1.11 1.64 2.42 Cash dividend per share 0.20 0.40 0.80 1.10 1.65 Stock dividend per share 0.70 - - - - ※EPS
Slide 18: Capital adequacy ratio
Capital adequacy ratio Capital adequacy ratio Minimum capital adequacy ratio: 150% 500% 450% 400% 360% 358% 363% 349% 350% 334% 300% 250% 200% 150% 100% 50% 0% 3/31/2021 6/30/2021 9/30/2021 12/31/2021 3/31/2022 17
Slide 19: Ratings
Ratings Fitch Ratings Long-term Issuer Default Rating 2021 (IDR) BBB- National Long-term Rating A(twn) National Short-term Rating F1(twn) Outlook Stable 18
Slide 20: MAY22 operating results
MAY22 operating results Unit: NTD’000 Entity MAY22 JAN~MAY22 Net income before tax 306,027 534,452 Net income 237,145 300,252 EPS (NTD) 0.11 0.14 Consolidated MAY22 JAN~MAY22 Net income before tax 339,184 693,306 Net income 260,388 408,857 ※ Unaudited 19
Slide 21: JAN~MAY22 earnings breakdown by major business
JAN~MAY22 earnings breakdown by major business JAN~MAY22 200% 177% 150% 100% 50% 43% 6% 0% -50% -100% -126% -150% Brokerage Proprietary trading & Underwriting & Others Non-operating Derivatives & Fixed investments income ※ Unaudited 20
Slide 22: Prospect and outlook
Company Profile Operation overview Prospect and outlook 21
Slide 23: 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 24: Business development plans
Business development plans I. Enhance coordination and create synergies among affiliates such Capital Futures, Capital Investment Trust, Capital Insurance Advisory ,and Capital Insurance Agency. II. Integrate sub-brokerage financing, foreign exchange securities firms, subsidiary accounts for foreign
Slide 25: Business development plans (continued)
Business development plans(continued) IX. Seize the business opportunities of wealth management for high net worth clients and continue to develop new services and products available for them to diversify wealth management business with practical strategies and increase the amount of asset under man
Slide 26: List of awards
List of awards Capital Securities • 2022: received “Best Client Referral Award”, “Best Digital Smart System Award” and “Best Charity Promotion Award” in the 2022 Wealth Management Award organized by Wealth Magazine • 2022: received “Best Securities Firm Award” from Excellence Magazine in the 2021 Ex
Slide 27: Programs & achievements for sustainable development
Programs & achievements for sustainable development Held blood donation event “Love from Capital for Charity” to deliver happiness to all corners of the society. Cooperated with New Taipei City Blind Welfare Association and provide massage service for employees. Promoted “Capital Securities Love Rea
Slide 28: 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 Selected as a constituent of TWSE Corporate Gover
Slide 29: Thank you
che CAPITAL Thank you Cupital Cure wait 28 Bit: BA LB