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PSC — Annual Report 2025
Mar 3, 2026
52209_rns_2026-03-03_dbbe2bc0-5fe5-4ba5-a591-9dd44b3d10a8.pdf
Annual Report
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2026.03.03
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This document may contain forward-looking statements, including but not limited to statements that address activities, events or developments that the Company expects or anticipates to occur in the future. All statements are made according to the projection of future operation and various political, economic and market factors beyond the Company’s control. Therefore, the actual results may differ materially from those contained in the forward-looking statements.
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⚫ The financial information provided in the document has not fully been reviewed by accountant.
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⚫ This document is not and cannot be construed as an offer to purchase or sell securities or other financial products or solicitation of an offer.
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⚫ All texts, images, illustrations and other material are subject to copyright held by President Securities Corp. Any reproduction, dissemination, transmission, and forwarding is strictly prohibited without the express written permission of President Securities Corp.
President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan
Global Economic Overview
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The global economy is steadily advancing, yet uncertainties still exist in the future.
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Latest IMF forecast shows that global economic growth has a small upward, expected at 3.3% in 2025&2026.
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The economic outlook is gradually stabilizing amid AI-related investment, a accommodative financial environment, and firms’ adjustments, but risks remain from tariffs and geopolitical tensions..
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U.S. economic momentum is weakening, but there's opportunities to achieve the “soft landing” goal.
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GDP growth in 2025 was 2.2%, mainly reflecting the impact of higher interest-rate policies and a widening trade deficit.
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Recent labor market and inflation data have stabilized. Current interest-rate level is neutral, and Fed will not rush to rate cuts.
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Exports support China's economic growth, while the domestic-demand market remains in difficulty.
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GDP growth in 2025 was 5%, owing to limited tariff impact and exports shift to non-U.S. markets, with exports growth of 6.1%.
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CPI was close to zero growth in 2025, real estate investment was -17.2% year-on-year, the domestic-demand market remains weak.
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Economic of Taiwan grew significantly, with AI driving exports to a record high increase.
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Fueled by the booming AI market, exports of electronics and information and communications technology products have surged, posting a record year-on-year export increase of 34.9%.
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Taiwan's preliminary GDP growth for 2025 is estimated at 8.68%, the highest in nearly 15 years; momentum is expected to continue in 2026, with growth projected at 7.17%.
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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan
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Brief Introduction
President Futures Co.,LTD
Uni-President Asset Management Corp.
President Capital Management Corp.
Number of Date of President Insurance Agency Co., Ltd.
employees Incorporation PSC Venture Capital Investment Co., Ltd.
1,861
Product and Services
1988.12.17
Number
Brokerage, Proprietary Trading,
of Branches
Underwriting, Fixed Income Dealing, Affiliated
31
Financial Products, Shareholder Services,
Companies
Wealth Management & Trust, Capital
Offshore Securities Units
NTD 160.14
Billion
統一綜合證券 President Securities (Hong Kong) LimitedJinYuan President Securities Co.,Ltd.
President Securities Corporation
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統一綜合證券股份有限公司 | 服務專線:(02)8172-4668 地址:台北市松山區東興路8號 | 110年金管證總字第0067號
| Consolidated Balance Sheets | Consolidated Balance Sheets | Consolidated Balance Sheets | |
|---|---|---|---|
| ITEM | 2025 % 2024 % |
YOY 30% 6% 29% 29% 2747% 33% 10% 13% 12% |
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| Current Assets Non-Current Assets |
238,968 96% 183,285 95% 10,808 4% 10,188 5% |
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| Total Assets | 249,776 100% 193,473 100% 203,896 82% 157,855 82% 6,406 2% 225 0% |
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| Current Liabilities Non-Current Liabilities |
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| Total Liabilities | 210,302 84% 158,080 82% 16,014 7% 14,558 8% 23,460 9% 20,835 10% |
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| Capital Common Stock Other Equity |
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| Total Equity | 39,474 16% 35,393 18% |
Unit:Million NTD
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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan
Consolidated Income Statement
| ITEM | 2025 % 2024 % |
YoY 4% 6% -2% 37% 8% -9% 10% 3% 9% 10% |
|---|---|---|
| Revenues | 13,541 100% 13,030 100% 9,961 74% 9,369 72% |
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| Operating Expenses Operating Income Other Income and Costs Income Before Tax Income Tax Expense |
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| 3,580 26% 3,661 28% 1,740 13% 1,269 10% |
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| 5,320 39% 4,930 38% 494 3% 543 4% |
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| Net Income | 4,826 36% 4,387 34% 819 6% 794 6% |
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| Other Comprehensive Income Total Comprehensive Income |
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| 5,645 42% 5,181 40% |
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| EPS(NTD) | 3.00 - 2.73 - |
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Unit:Million NTD
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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan
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5 Years Operating Performances
營收Revenue
淨利Net Income
100 MIL
SOURCE:MOPS
EPS
150
135.41
130.30
116.22
95.43
100 3
2.73
2.5
62.71
1.8
48.26
50 40.11 43.87
0.46 28.90
7.36
0
2021 2022 2023 2024 2025 2025 YEAR
Note: Earnings per share are calculated based
President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan on the retroactively adjusted number of shares. 6
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Business Development
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Brokerage Business
Market Position
In 2025, both brokerage market share and ledger account grew compared to 2024. The main reason was the development of OPENPOINT points lifestyle circle , along with various marketing campaigns that boosted overall business volume.
Business Outlook
In 2026, we will continue expanding digital services. Including optimizations of our ledger account , apps, and will also focus on Uni-President ecosystem. We sincerely invite customers to join us in the new year.
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Proprietary Trading
Operating Status
In 2025, the financial markets experienced intense volatility. Despite the highly challenging environment, our department implemented robust fund controls and precisely captured stock market rhythms, delivering outstanding performance results.
Operational Strategy
Looking ahead to 2026, Taiwan's supply chain will benefit from the Taiwan-US tariff agreement and the pricing-up effect of AI industry supply shortages. We will continue monitoring changes in the economic landscape and maintain flexible positioning in this favorable environment.
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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan
Business Development
Fixed Income Dealin g
Operating Strategy
In 2025, the bond market continued to fluctuate in the first half. Performance improved later amid cooling tariffs and the start of an interest rate cutting cycle.
Market Expectations
In 2026, the market will face uncertainties, with interest rate paths still unclear and political impact. Therefore, we will wait for trading opportunities to gain returns steadily.
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Underwriting Business
Underwriting Performance
In 2025, the number of IPO underwriting cases increased, and underwriting amounts rose compared to 2024, driving handling fee revenue growth beyond expectations.
Development Strategy
In future years, the department will actively visit promising high-quality companies to continuously expand our market territory.
Wealth Management
Investment Trust
The AUM of Trust Business keep growing compared to 2024, Foreign Stocks has grown 199% . Offshore Structured Notes have also grown 80% .
Marketing Campaign
We will continue introducing popular products, offering diverse wealth management options, and launching overseas stock and bond investment activities with bonus rewards for clients.
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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan
Business Development
Quantitative Trading
Business Profile
The net asset value per share ranks sixth among futures proprietary traders, the department will keep increase the diversity of domestic and international trading businesses to reduce the single market risk.
Operating Strategy
The department will continue developing trading models with varying risk levels, optimizing risk control mechanisms to achieve the goals of enhancing investment performance and reducing risk.
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Financial Product Business
Market Share
The Equity Options Business maintains its position as the 2nd market share holder, while the volume of Structured Notes secures a market share ranking of 3rd. Additionally, the net buy/sell amount of Premiums for warrants attains a market share ranking of 5th.
Marketing Campaign
In the future, besides continuously developing diverse business lines, we will also keep optimizing the warrant information website to provide investors with a better wealth management experience.
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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan
Stable Payout Ratio
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3
2.73
2.5
EPS
1.8
Stock Dividend
Cash Dividend
2.11
1.89
0.46
1.32
1.10
0.39
2021 2022 2023 2024 2025 2025
Payout Ratio 69% 78% 67% 70% 70%
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Note: 1. Earnings per share are calculated based on the retroactively adjusted number of shares. 2.The 2025 profit distribution has already been approved by the board of directors in the first quarter of 2026.
President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan
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獲獎殊榮
Wealth Management Awards PSC in 2025. Global Corporate
Best Sales Team
Sustainability Award
Best Promotion for Sustainability Reporting
Sustainable Development Award-Bronze Class
Best Trust Services
Innovation
1111 Human
Resources
Diversity Trust Innovation Award
Best Securities Wealth Management Happy Enterprises
Trust Innovation Award Gold Award
Best Trust Product Integrated
TSAA 5th Taiwan
Innovation Award
Sustainability Action Award
Taiwan Corporate Sustainability Digital Financial Award
SDG 4 Quality Education
Awards Digital Innovation Award
【Golden Award】
【 Golden Prize 】
Taiwan's Excellent Sustainable
Digital Fair Hospitality Award SDG 3 Good Health and Well-being And More…
Companies Award 【Bronze Award】
【Excellence Prize】
Corporate Sustainability Reporting Awards
President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan 11
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Q&A
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