Opportunity Day FINANSIA SYRUS SECURITIES PCL. Dated: 23 February 2017
REVIEW OF 2016 PERFORMANCE 2 KEY INDICATORS Retail Institution Products No. of accounts: Proportion: IPOs: 60,100 (+11%) 21.63% of 5 lead issues (+2) total volume (+1%) Fees: Baht 80 mn (+87%) Commissions: Baht 178 mn (+14%) No. of sales: Average commission: Proprietary trading: 435 (-10%) 0.064% (-0.004%) Baht 138 mn (+49%) Market share: Interest income from margin loans: 5.61% (-0.11%) Baht 80 mn (+33%) Commissions: Baht 1,171 mn (+0%) Average commission: 0.109% (-0.015%)
REVIEW OF 2016 PERFORMANCE (CONT.) 3 ∆ Target ∆ 2015 Actual 2016 Target 2016 Actual 2015 Income: Total Income 1,891 1,804 1,712 5% 10% Equity SET daily trading volume 47,000 40,000 40,220 15% 17% Market share 5.61% 5.50% 5.72% 0.1% -0.1% Commission • Retail 1,171 1,171 1,172 0% 0% • Institution 178 161 156 9% 14% TFEX Commission 81 77 73 5% 11% Proprietary trading 138 131 101 5% 37% IB • IPO issue 5 4 3 1 2 • Fees 80 46 43 43% 87% • Advisory 9 20 12 -116% -23% Comment: Source of Income growth are from non-retail activities
REVIEW OF 2016 PERFORMANCE (CONT.) 4 ∆ Target ∆ 2015 Actual 2016 Target 2016 Actual 2015 Expenses: Personnel 954 914 911 4% 5% % to revenue 50.5% 50.7% 53.2% 0% -3% Premise & equipment 222 220 238 1% -7% % to revenue 11.8% 12.3% 13.9% 0% -2% Total Expenses 1,558 1,499 1,501 4% 4% % to revenue 82% 83.1% 87.7% -1% -5% Net Income after tax 262 245 162 6% 61% (Company only) % to revenue 14% 13.6% 9.5% 0% 4% ROE 10.6% 10.0% 6.8% 0.6% 3.8%
FSS OBJECTIVES 2017 5 01 Expand Brokerage Through Online • Implement new Trading platform within timetable • Establish Call Center (CRM support) • Engage in intensive digital marketing • Set up application development & maintenance team 0 2 Increase Activities in Derivatives • To achieve top 3 in DW’s • Implement Index Arbitrage, Pair and Spread trades 0 3 Algo Proprietary Trading • Target Baht 100 mn
FSS OBJECTIVES 2017 (CONT.) 6 0 4 Institutions • Expand local institutions activities • Enlarge DMA flows 0 5 Automate/Workflows • IPO subscription • Online A/C opening • E-KYC • Customer Smart Access • SMART Customer Workflow 0 6 Margin Lendings • Increase loan growth to Baht 1,600 mn or 15%
FSS OBJECTIVES 2017 (CONT.) 7 0 7 Private Equity investments • Target Baht 100mn investment 0 8 GMS markets • Improve client trading efficiency in Vietnam market • Support PAS listing • Dual listing of PPSEZ • Myanmar monitoring
FINANCIAL ADVISOR & UNDERWRITING SERVICE : IPO & LISTING 8 FSS ranked 1 st place in terms of number of issues FSS ranked 1 st place in terms of number of issues IPO IPO acting as the lead underwriter. FSS participated in 21 acting as the lead underwriter. FSS participated in 16 2015 2016 out of 33 IPOs in which 3 of them, FSS acted as a out of 23 IPOs in which 5 of them, FSS acted as a Lead Underwriter. Lead Underwriter. Ranking by number of issues acting as the lead underwriter Ranking by number of issues acting as the lead underwriter (Total 33 IPOs) (Total 23 IPOs) 5/11
FSS INVESTMENT BANKING SERVICES 9
REVENUE 12-MONTH PERIODS ENDED 31 DECEMBER 2016 10
FINANCIAL HIGHLIGHT: BALANCE SHEET 11
INCOME STATEMENT: 12-MONTH PERIOD 12
REVENUE STRUCTURE 13
FINANCIAL RATIO 14
FINANCIAL RATIO 15
D erivatives W arrants N o. 24
MARKET OVERVIEW 17
DW24 POSITIONING 18
DW24 VS MARKET 19
DW24 PERFORMANCE 20
DW24 WEBSITE 21
DW24 WEBSITE 22
DW24 WEBSITE 23
Recommend
More recommend
