Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

PSC Interim / Quarterly Report 2017

Aug 23, 2017

52209_rns_2017-08-23_dce5c2f9-d99d-4b57-a28b-2f10548d1a67.pdf

Interim / Quarterly Report

Open in viewer

Opens in your device viewer

==> picture [474 x 52] intentionally omitted <==

==> picture [438 x 46] intentionally omitted <==

==> picture [281 x 40] intentionally omitted <==

August 23, 2017

www.pscnet.com.tw

==> picture [720 x 31] intentionally omitted <==

P.1

==> picture [677 x 115] intentionally omitted <==

  • 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.

  • The financial information provided in the document has not fully been reviewed by accountant.

  • 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.

  • 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.

P.2

==> picture [693 x 117] intentionally omitted <==

==> picture [531 x 160] intentionally omitted <==

----- Start of picture text -----

Business Synopsis
Operating Achievements
----- End of picture text -----

P.3

==> picture [115 x 120] intentionally omitted <==

Business Synopsis

P.4

Company Profile

President Securities Corp. 2855

==> picture [714 x 401] intentionally omitted <==

P.5

Service Location

Shanghai office (established in 2002 )

Headquarter (established in 1988)

North District : 24

Preparing to invest in a joint venture securities firm in China

Middle District : 6

Xiamen office

(established in 2008 )

President Securities (HK) (established in 1994 )

Kinmen : 1

South District : 5

36 Branches

Affiliated Companies : 5 in Taiwan 2 overseas

P.6

Capital Structure

==> picture [59 x 58] intentionally omitted <==

Unit Billion NTD

10.1

Growth

Established

A rapid growth that brought our capital up 1.4b to over 10 billion within 10 years

Initial capital investment

==> picture [83 x 81] intentionally omitted <==

B reakthrough 13.9 13.2

13.9

Stability

Capital increase by earning to develop our core businesses.

Surpassing and keeping our capital at a 13 billion level.

Note: Stock dividend 0.41 at the total amount of 0.55E has been approved at the shareholder’s meeting in June, 2017; Capital Increase by Earning will be dated at August.

P.7

Long-term Business Development

Services : Brokerage, Proprietary Trading, Futures Proprietary Shareholder Services, Fixed Income Dealing, Financial Products, Wealth Management& Trust , Underwriting

P.8
P.9

Primary Shareholders and Affiliated Companies

==> picture [637 x 420] intentionally omitted <==

P.10

Operating Achievements

P.11

Condensed Income Statements

The first half of 2017

Unit Million NTD

==> picture [701 x 409] intentionally omitted <==

P.12

Condensed Balance Sheets

As of the end of June, 2017

Unit Million NTD

P.13

Revenue for 2017H1 and the latest 5 years

Unit Billion NTD

50

40

Half year

30

20

10

Note:The International Financial Reporting Standards (IFRSs) was adopted by the Company starting 2013.

P.14

Stable payout ratio

==> picture [689 x 418] intentionally omitted <==

----- Start of picture text -----

EPS 1.2
0.72
0.62
payout ratio payout ratio
DIVIDEND payout ratio
0.81
0.51
0.41
----- End of picture text -----

P.15

Solid Risk Management

The average of our capital adequacy rates in the last 18 was 424%.

According to Article 64 of the Regulations Governing Securities Firms, a securities firm has to satisfy a minimum capital adequacy rate of 150% ( 200% in order to be permitted to operate in derivatives products). The company’s capital adequacy rates are well above the minimum requirement.

P.16

Credit Ratings and the Information Disclosure & Corporate Governance Evaluation System

Corporate Governance Evaluation S ystem Top 5% (The Highest Grade) 2014~2017

Taiwan R atings Long-term/TWA Short-term/TWA-1 Outlook/Stable Information Disclosure and T ransparency Ranking System The Highest Grade 2006~2016 Well and Stable Ratings in the last 10 year 2008~2014

Were awarded the highest ranking in Corporate Governance Evaluation System for 3 consecutive years!!

Were awarded the highest ranking In Information Disclosure and Transparency Ranking System for 7 consecutive years!!

P.17

Roll of Honor

2015~2017 Social Caring Corporate Social 2016.10 Responsibility Award “Sports Enterprise held by the Certification Badge” 2016.10 from Sports the Second TAIFEX Commonwealth Administration of Diamond Award in magazine. Ministry of Trading Volume of Education. 2016.11 Security No.2 in the 6th National Wealth 2016.10 the Second TAIFEX Management Diamond Award in Competition. Trading Volume Growth of Security. 2016.10 Outstanding the Second TAIFEX Diamond Award in Business Performance Trading Volume Growth of Futures Brokers.

15 President Securities Corp.

P.18

First Class Securities Firm in Pacific-Asia Region

All of President Enterprises' Vast Resources

President Securities (Hong Kong)Ltd., Shanghai Representative Comprehensive Office Financial Services

President Services Futures Uni-President Corp. Asset President Management President Insurance Securities Agency Corp. Co., Ltd. PSC Venture Capital Mutually-beneficial Investment President Securities Strategic Alliances President Capital Co., Ltd. Ltd., Management Xlamen Corp. Deep Representative Office Roots in Taiwan

Significant Inroads into China

President Securities (Hong Kong) Ltd.

Capitalize on Group-wide Opportunities and Efficiencies

P.19

Q&A

P.20