Market and Financial Performance of Thailand Securities Industry (as of 31 December 2012)
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1 Market and Financial Market and Financial Performance Performance of of Thailand Securities Industry Thailand Securities Industry (as of 31 December 2012) (as of 31 December 2012) Source : SEC / SET/ Source : SEC / SET/ TFEX TFEX
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Market and Financial Performance of Thailand Securities Industry (as of 31 December 2012). Source : SEC / SET/ TFEX. Market Performance – SET & MAI. Market Performance – SET & MAI (cont.). Market Performance – TFEX. Market Performance – TFEX. Market Performance – TFEX (cont.). - PowerPoint PPT Presentation
Transcript of Market and Financial Performance of Thailand Securities Industry (as of 31 December 2012)
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Market and Financial Performance Market and Financial Performance ofof
Thailand Securities Industry Thailand Securities Industry
(as of 31 December 2012)(as of 31 December 2012)
Source : SEC / SET/ Source : SEC / SET/ TFEXTFEX
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Market Performance – SET & MAIMarket Performance – SET & MAI
Index Series 2011 2012 % change
SET Index 1,025.32 1,391.93 35.76%
SET50 Index 718.40 945.39 31.60%
SET100 Index 1,559.38 2,078.67 33.30%
FTSE SET All-share 1,239.40 1,681.92 35.70%
FTSE SET Large Cap 1,240.09 1642.61 32.46%
FTSE SET Mid Cap 1,207.54 1757.03 45.50%
FTSE SET Mid/Small Cap 1,239.01 1839.90 48.50%
FTSE SET Small Cap 1,368.93 2171.82 58.65%
FTSE SET Fledging 1,290.32 2043.89 58.40%
MAI 264.23 415.68 57.32%
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2011 2012
Market Capitalization (mil. baht) - SET - MAI
8,485,0068,407,696
77,310
11,964,46511831, ,
448
13301
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Turnover Ratio - SET - MAI
85.2%84.1%
228.0%
774. %753
2 8 4 .3 %
Total Turnover (mil. baht) - SET - MAI
7,191,4807,040,458
151,022
7,914,5677,615,638
298,929
Avg. Daily Trading Value (mil. baht) - SET - MAI
29,47328,854
619
32,30431,084
1,220
No. of Listed Companies - SET - MAI
545472
73
558477
81
No. of Listed Securities - SET - MAI
848755
93
1,048948100
No. of SET’s Members 38 38
Market Performance – SET & MAI (cont.)Market Performance – SET & MAI (cont.)
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Market Performance – TFEXMarket Performance – TFEX
2011 2012
Total Trading Volume (contracts) 10,027,116 10,457,928
- 50 Baht Gold Futures 1,817,483 1,045,370
-10 Baht Gold Futures 2,171,795 2,597,235
- Interest Rate Futures 429 27
- Single Stock Futures 1,578,092 2,168,037
- SET50 Index Futures 4,316,437 4,034,460
- SET50 Index Options 107,993 54,057
- Silver Futures 31,567 14,590
- Brent Crude Oil Futures 3,320 147,823
- USD Futures - 396,138
- Sector Futures - 191
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Market Performance – TFEXMarket Performance – TFEX
2011 2012
Average Daily Volume (contracts)
41,145 43,823
- 50 Baht Gold Futures 7,449 4,267
-10 Baht Gold Futures 8,901 10,601
- Interest Rate Futures 2 0
- Single Stock Futures 6,468 8,849
- SET50 Index Futures 17,690 16,467
- SET50 Index Options 443 221
- Silver Futures 236 60
- Brent Crude Oil Futures 64 603
- USD Futures - 2,751
- Sector Futures - 4
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2011 2012
Open Interest (contracts) 56,452 238,981
- 50 Baht Gold Futures 8,627 11,803
-10 Baht Gold Futures 14,695 21,326
- Interest Rate Futures 2 -
- Single Stock Futures 9,514 154,366
- SET50 Index Futures 22,421 36,920
- SET50 Index Options 955 1,569
- Silver Futures 229 183
- Brent Crude Oil Futures 9 744
- USD Futures - 12,065
- Sector Futures - 5
Market Performance – TFEX (cont.)Market Performance – TFEX (cont.)
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Aggregate Balance Sheet of Securities CompaniesAggregate Balance Sheet of Securities Companies
(unit : mil. baht) 2011 2012 % change
Asset 160,607 223,833 39.4%
Liabilities 92,660 150,885 62.8%
Equity 67,948 72,948 7.4%
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Assets Structure of Securities CompaniesAssets Structure of Securities Companies
2012
Premises & Equipment
1%Others
4%
TCH Receivable 9%
Investment in subsidiary
2% Investment in Debt & Equity
13%
L/T Deposits7%
Cash24%
Securities Business
Receivable40%
2011
Premises & Equipment
2%Others
5%
TCH Receivable 8%
Investment in subsidiary
3%
Investment in Debt & Equity
10% L/T Deposits6%
Cash38%
Securities Business
Receivable28%
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Liabilities Structure of Securities CompaniesLiabilities Structure of Securities Companies
Others13%
Securities Business Payables
68%
TCH Payables8%
Borrowings11%
2011 2012
Others14%
Securities Business Payables
74%
TCH Payables6%
Borrowings6%
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Aggregate Income Statement of Securities Aggregate Income Statement of Securities CompaniesCompanies
(unit : mil. baht) 2011 2012 % change
Brokerage - Securities 21883, 22570 314
Brokerage - Derivatives 2818, 2130, -2442. %
Underwriting 338 1118, 23137. %
Financial Advisory 977 855 -1249. %
Gains on Trading - Securities -1011, 1300, 22854. %
Gains on Trading – Derivatives 2738, 934 -6 5 .8 9 %
Interest and Dividend 2502, 2640, 550. %
Others 3,191 4,090 28.20%
Total Revenue 33,435 35,636 6.58%
Expenses on Borrowing 1,053 1,390 31.94%
Fee & Service Expenses 2,511 2,657 5.79%
Provision for Bad Debt / Doubtful Account
65 -170 -363.29%
Personnel Expenses 13,273 13,507 1.76%
Premises & Equipment 3,137 3,382 7.82%
Other Expenses 3,469 3,835 10.56%
Total Expenses 23,508 24,600 4.65%
Net Profit 6,720 8,470 26.10%
Corporate Tax 3,207 2,565 -20.00%
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Revenue Structure of Securities CompaniesRevenue Structure of Securities Companies
20122011
Others12%
Interest and Dividend
7%
Brokerage - Securities
64%
Brokerage - Derivatives
6%
Underwriting3%
FA2%
Proprietary Trading
6%
Others10%
Interest and Dividend
7%
Brokerage - Securities
66%
Brokerage - Derivatives
8%
Underwriting1%
FA3%
Proprietary Trading
5%
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Expenses Structure of Securities CompaniesExpenses Structure of Securities Companies
Others15%
Expenses on Borrowing
6%
Fees & Services Expenses
11%
Personnel Expenses
54%
Premises & Equipment
14%
2011 2012
Others15%
Expenses on Borrowing
4%
Fees & Services Expenses
11%
Provision for Bad Debt
0.19%
Personnel Expenses
57%
Premises & Equipment
13%
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Cost to Income RatioCost to Income Ratio of Securities Companiesof Securities Companies
0.690.65
0.830.75
0.640.70
0.69
0.00
0.20
0.40
0.60
0.80
1.00
1.20
time
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Net Profit and ROE of Securities CompaniesNet Profit and ROE of Securities Companies
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AppendixAppendix 11
No. of Branches 2011 2012
Bangkok & Surrounding Area 213 231
Provincial Area 253 286
Investor Contact – Equity 2011 2012
Type ก (Analyst) 365 361
Type ข (Marketing) 6,953 6,934
Investor Contact – Derivatives 2011 2012
Type ก (Analyst) 75 69
Type ข (Marketing) 4,609 4,385
Investor Contact – Capital Market
2011 2012
Analyst - 19
Marketing - 567
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Appendix 2Appendix 2
No. of Accounts – Equity 2011 2012
Total Accounts 700,225 797,326
Active Accounts 153,147 219,946
% Active Accounts 21.87% 27.59%
No. of Internet Accounts – Equity
2011 2012
Total Internet Accounts 344,834 446,870
Active Internet Accounts 77,295 122,691
% Active Accounts 22.42% 27.46%
No. of Accounts – Derivatives 2011 2012
Total Accounts 62,883 80,893
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Appendix 3Appendix 3
2011 2012
Type of Investor
Trading Volume
(Mil. Baht)
Brokerage Fee (Mil. Baht)
Avg. Commissio
n Rate
Trading Volume
(Mil. Baht)
Brokerage Fee
(Mil. Baht)
Avg. Commissio
n Rate
Local Institution
1,261,418 2,567 0.20% 1,229,402 2,300 019. %
Proprietary Port
1,893,515 - - 2,050,721 - -
Foreign 3,271,929 4,955 0.15% 3,827,007 5,192 014. %
Retail 7,654,055 14,359 0.19% 8,124,145 15,077 019. %
Total 14,080,916 21,881 0.16% 15,231,275 22,570 015. %
Total (x-prop)
12,187,401 21,881 0.18%131805, ,
5422,570 017. %
Average Commission RateAverage Commission Rate - - EquityEquity
2011 2012
Trading Volume (Contract)
Brokerage Fee
(Mil. Baht)
Avg. Commission
(Baht/Contract)
Trading Volume (Contract)
Brokerage Fee
(Mil. Baht)
Avg. Commission
(Baht/Contract)
10,027,116 2,822 281.44 10,457,928 2,130 203.67
Average Commission RateAverage Commission Rate - - DerivativesDerivatives
