presentation opp. day 3Q 2556 - Asia Plus Group · 3Q13 3Q12 9M13 9M12 2012 2011 Million Baht •...
Transcript of presentation opp. day 3Q 2556 - Asia Plus Group · 3Q13 3Q12 9M13 9M12 2012 2011 Million Baht •...
Asia Plus Securities
Opportunity Day
November 19 ,2013
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Financial Highlights
ASP Overview
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���� ASP Overview
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4
To become Industry LeaderIndustry Leader by providing a
full range of financial services under fast
evolving globalization age
� Expand financial instruments and services
� Widen knowledge in financial innovation
� Extend distribution network
� Diversify and balance sources of income
ASP Vision & Mission
Vision
Mission
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Our Strengths
1. Full financial services
2. High caliber and experienced staffs
3. Extensive global network
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Subsidiaries
Brokerage
•Stocks
•Futures /
Options
•E-trading
•Equity / Fixed
Income
•Listed / Non-listed
Security
•Local /
International
•Personal Financial
Advisory Service
(Wealth Management)
•Private Fund •Mutual Fund
•Private Fund
•Foreign Investment
Fund
•Financial
Advisory Service
(IB)
•M & A
•Corporate
Restructuring
Asset Plus Fund
Management Co,Ltd.Asia Plus Advisory
Co.,Ltd.
100% 100%
•Derivative
Warrant
•Equity Linked
Notes
•SBL
•ETF
•Equity
•Fixed-Income
•Primary Market for
Fixed-Income
•Underwriting and
Syndication
InvestmentCapital Market
Equity
DerivativesGlobal
Investment
ASP Group Structure
Future Revenue Growth Drivers
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Brokerage
Investment
Capital Market
Global Investment
•Seek opportunity
in both onshore /
offshore
investment
•Encourage Cross Selling
• ELN
• ETF
• OTC Derivatives
• SBL
• Expand Global
Brokerage Partner
• Cross Border Deals
• More Innovative
Products
• Expand Private
Banking Business
•Increase high net
worth customers
•Expand more
Debentures Deals
Equity Derivatives Asset Plus
Wealth PlusIB
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3Q13 3Q12 9M13 9M12 2012 2011
Brokerage 397 311 1,528 881 1,221 1,338
Investment 108 175 398 352 444 310
Asset Management 85 63 306 184 266 250
IB/Capital Market 190 25 315 83 130 108
Others 2 1 8 11 15 7
Total 782 575 2,555 1,511 2,076 2,013
51% 54% 60% 58% 59% 66%
14%30% 16% 23% 21% 15%11%
11%12%
12% 13% 12%24%
4%12% 5% 6% 5%
3Q13 3Q12 9M13 9M12 2012 2011
Brokerage Investment Asset Management IB
ASP Revenue
Consistently well
diversify sources
on income
Revenue by Business Unit
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2���� Financial Highlights
Brokerage Business
Revenue from Brokerage Business
1,221
881
1,528
311
1,338
397
3Q13 3Q12 9M13 9M12 2012 2011
Million Baht
• 3Q13 revenue Increased +28% Y-o-Y
Average Daily Turnover
(Million Baht)
YTD* 3Q13 3Q12 9M13 2012 2011
SET 46,424 37,270 27,294 48,482 28,106 25,587
ASP 3,952 3,066 2,252 4,177 2,318 2,473
* as of Nov. 11 , 2013
28%
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Breakdown by Business Unit (1)
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108
398
352
444
310
175
3Q13 3Q12 9M13 9M12 2012 2011
(Mil
lio
n B
ah
t)
(Million Baht) 3Q13 3Q12 9M13 9M12 2012 2011
Equity, Bonds, Derivatives 59 136 257 235 296 135
Interest & Dividend 49 39 141 117 148 175
Total Revenue 108 175 398 352 444 310
� Maintain balance portfolio of
• Equity (Proprietary Trading,
Strategic Investment, Foreign
Investment and Private Equity)
• Bonds and Fixed Income
Breakdown by Business Unit (2)
Revenue from Investment Business
-38%
Investment Business
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• 20 deals carried over from 2012
• + 19 deals newly commissioned up
to 30 September 2013
• - 15 deals were completed and 4 were
terminated
• 20 deals comprise of 9 IPOs + 1 POs +
10 advisory assignments
Breakdown by Business Unit (3)
190
315
83
130108
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3Q13 3Q12 9M13 9M12 2012 2011
(Mil
lio
n B
ah
t)
Fee Income
660%
Investment Banking Business
48
Revenue increased by 35% Y-o-Y
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Breakdown by Business Unit (4)
Assets under Management +19% Y-O-Y
Assets under Management
RevenueAsset Plus & Wealth Plus
24,151 22,081 23,516 23,263 21,459
12,883 9,128
11,786 10,532 7,209
Sep-13 Sep-12 Jun-13 Dec-12 Dec-11
Mil
lio
n B
ah
t.
Private FundsMutual Funds
306
184
266250
6385
3Q13 3Q12 9M13 9M12 2012 2011
Mil
lio
n B
ah
t.
35%
Asset Management Business
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���� Financial Ratios
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926
423
603
505
287
181
3Q13 3Q12 9M13 9M12 2012 2011
Million Baht
3Q13 3Q12 9M13 9M12 2012 2011
287 181 926 423 603 505
Financial Ratios
���� Net Profit after tax ���� ROA & ROE
59%
(%) 3Q13 3Q12 9M13 9M12 2012 2011
ROA 13.88 9.15 14.92 7.14 8.19 7.37
ROE 26.70 17.95 28.70 14.00 14.79 12.23
ROA
13.88
9.15
14.92
7.147.378.19
3Q13 3Q12 9M13 9M12 2012 2011
ROE
26.70
17.95
28.70
14.00 12.2314.79
3Q13 3Q12 9M13 9M12 2012 2011
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36.71
31.40
36.23
27.99 29.04
25.09
3Q13 3Q12 9M13 9M12 2012 2011
Financial Ratios
3Q13 3Q12 9M13 9M12 2012 2011
0.14 0.09 0.44 0.20 0.29 0.24
EPS (Baht)
0.14
0.09
0.44
0.20
0.29
0.24
3Q13 3Q12 9M13 9M12 2012 2011
3Q13 3Q12 9M13 9M12 2012 2011
36.71 31.40 36.23 27.99 29.04 25.09
Net Profit Margin (%)
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Awards
2005 Best Brokerage Services - The Stock Exchange of Thailand
Country Award, Best Brokerage – Finance Asia
2006 Best Brokerage Services, Retail and Best Research House -
The Stock Exchange of Thailand
2008 Best Analyst – Property Sector, The Securities Analyst
Association
2009 Best Analyst – Property Sector, The Securities Analyst
Association
2010 Best Securities Company, Retail - The Stock Exchange of
Thailand
2011 Asia’s Best Analysts Survey, Property Sector - Wall Street
Journal’s and Factset Survey 2011
2011 Best Mid Cap Corporate Finance House – Alpha Southeast
Asia
Awards
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2011 Best Bond Securities Firm 2011 - By the Thai Bond
Market Association (ThaiBMA) 2011
2012 Securities Analysts Association Award for Analysts 2012
Mr.Therdsak Thaveeteeratham
1. SAA Awards for Analysts 2012 by Retail Investors:
Property & Construction Sector
2. SAA Awards for Analysts 2012 by Retail Investors:
Strategist
3. SAA Awards for Analyst 2012: Popular Vote by Press
Mr.Prasit Rattanakijkamol
1. SAA Awards for Analysts 2012 by Retail Investors:
Derivatives
2. SAA Awards for Analysts 2012 by Institutional
Investors: Derivatives
2013 Advisory Broker of the Year – Asia Award 2013 by the
European magazine
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