Market and Financial Performance of Thailand Securities Industry (as at 30 June 2011)
15
1 Market and Financial Performance of Thailand Securities Industry (as at 30 June 2011) Source : SEC / SET
description
Market and Financial Performance of Thailand Securities Industry (as at 30 June 2011). Source : SEC / SET. Market Performance – SET & MAI. Market Performance – SET & MAI (cont.). Market Performance – TFEX. Aggregate Balance Sheet of Securities Companies. - PowerPoint PPT Presentation
Transcript of Market and Financial Performance of Thailand Securities Industry (as at 30 June 2011)
1
Market and Financial Performance of
Thailand Securities Industry
(as at 30 June 2011)
Source : SEC / SET
2
Market Performance – SET & MAI
Index Series Dec 31, 2010 Jun 30, 2011 % change
SET Index 1,032.76 1,041.48 0.91%
SET50 Index 720.19 729.78 1.36%
SET100 Index 1,573.02 1,587.31 0.91%
FTSE SET All-share 1,247.64 1,260.27 1.04%
FTSE SET Large Cap 1,232.28 1,262.64 2.43%
FTSE SET Mid Cap 1,267.42 1,193.60 5.84%
FTSE SET Mid/Small Cap 1,307.58 1,249.49 -4.44%
FTSE SET Small Cap 1,464.42 1,476.32 0.82%
FTSE SET Fledging 1,317.91 1,367.62 3.80%
MAI 272.79% 304.27 11.54%
3
Market Performance – SET & MAI (cont.)
Dec 30, 2010 Jun 30, 2011
Market Capitalization (mil. baht)
- SET
- MAI
8,389,812
8,334,684
55,128
8,593,203
8,512,876
80,327
Turnover Ratio
- SET
- MAI
98.36%
97.66%
203.82%
43.17%
42.59%
115.19%
Total Turnover (mil. baht)
- SET
- MAI
7,033,946
6,937,890
96,057
3,666,143
3,588,128
78,015
Avg. Daily Trading Value (mil. baht)
- SET
- MAI
29,066
28,669
397
30,807
30,152
655
No. of Listed Companies
- SET
- MAI
534
474
60
544
475
69
No. of Listed Securities
- SET
- MAI
707
623
84
780
693
87
No. of SET’s Members 39 39
4
Market Performance – TFEX
Dec 30, 2010 Jun 30, 2011
Total Trading Volume (contracts) 4,519,436 3,688,676
- Gold Futures 971,423 1,159,755
- Interest Rate Futures 41 140
- Single Stock Futures 969,353 851,765
- SET50 Index Futures 2,471,302 1,616,564
- SET50 Index Options 107,317 60,452
Average Daily Volume (contracts) 18,676 30,970
- Gold Futures 4,014 9,787
- Interest Rate Futures 1 1
- Single Stock Futures 4,006 7,154
- SET50 Index Futures 10,212 13,522
- SET50 Index Options 443 506
5
Aggregate Balance Sheet of Securities Companies
(unit : mil. baht) Dec 30, 2010 Jun 30, 2011 % change
Asset 189,008 192,031 1.60%
Liabilities 120,021 124,453 3.69%
Equity 68,987 67,577 2.04%
6
Assets Structure of Securities Companies
Jun 30, 2011
Premises & Equipment
1%Others13%
TCH Receivable 7%
Investment in subsidiary
2%
Investment in Debt & Equity
14%
L/T Deposits4%
Cash29%
Securities Business
Receivable30%
Dec 30, 2010
Premises & Equipment
1%Others10%
TCH Receivable 8%
Investment in subsidiary
2%
Investment in Debt & Equity
12%
L/T Deposits3%
Cash30%
Securities Business
Receivable34%
7
Liabilities Structure of Securities Companies
Others26%
Securities Business Payables
58%
TCH Payables9%
Borrowings7%
Dec 30, 2010 Jun 30, 2011
Others21%
Securities Business Payables
65%
TCH Payables9%
Borrowings5%
8
Aggregate Income Statement of Securities Companies(unit : mil. baht) 2010 1 H 2011 2011/2010
Brokerage - Securities 22,147 12,515 56.51%
Brokerage - Derivatives 1,521 1,097 72.12%
Underwriting 522 259 49.62%
Financial Advisory 1,113 480 43.13%
Gains on Trading - Securities 4,076 16 0.39%
Gains on Trading – Derivatives 250 729 291.60%
Interest and Dividend 1,441 1,139 79.04%
Others 2,359 431 18.27%
Total Revenue 33,430 16,666 49.85%
Expenses on Borrowing 519 426 82.08%
Fee & Service Expenses 1,975 1,120 56.71%
Provision for Bad Debt / Doubtful Account 77 -5 -6.49%
Personnel Expenses 13,127 6,599 50.27%
Premises & Equipment 2,957 1,532 51.81%
Other Expenses 2,988 1,586 53.08%
Total Expenses 21,643 11,258 52.02%
Net Profit 8,601 3,723 43.29%
Corporate Tax 3,213 1,686 52.47%
9
Revenue Structure of Securities Companies
1 H 20112010
Others7%
Interest and Dividend
4%
Brokerage - Securities
66%
Brokerage - Derivatives
5%
Underwriting2%
FA3%
Proprietary Trading
13%Others
9%
Interest and Dividend
7%
Brokerage - Securities
68%
Brokerage - Derivatives
7%
Underwriting2%
FA3%
Proprietary Trading
4%
10
Expenses Structure of Securities Companies
Others14%
Expenses on Borrowing
2%
Fees & Services Expenses
9%
Provision for Bad Debt
0.36%
Personnel Expenses
61%
Premises & Equipment
14%
2010 1H 2011
Expenses on Borrowing
4%
Fees & Services Expenses
10%
Personnel Expenses
58%
Premises & Equipment
14%
Others14%
11
Cost to Income Ratio of Securities Companies
0.680.64
0.750.83
0.65
0.690.70
0.00
0.20
0.40
0.60
0.80
1.00
1.20
2005 2006 2007 2008 2009 2010 1H 2011
tim
e
12
Net Profit and ROE of Securities Companies
5,391 5,247
6,568
2,456
4,503
8,601
3,7239.49%
7.16%
7.86%
5.45%
7.11%8.56%8.13%
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
2005 2006 2007 2008 2009 2010 1H 2011
Btm
.
0%
5%
10%
15%
20%
Net Profit ROE
13
Appendix 1
No. of Branches Dec 30, 2010 Jun 30, 2011
Bangkok & Surrounding Area 200 204
Provincial Area 224 235
Investor Contact – Equity Dec 30, 2010 Jun 30, 2011
Type ก (Analyst) 353 353
Type ข (Marketing) 6,241 6,588
Investor Contact – Derivatives Dec 30, 2010 Jun 30, 2011
Type ก (Analyst) 72 73
Type ข (Marketing) 3,951 4,177
14
Appendix 2
No. of Accounts – Equity Dec 30, 2010 Jun 30, 2011
Total Accounts 626,441 666,384
Active Accounts 161,470 170,540
% Active Accounts 25.77% 25.59%
No. of Internet Accounts – Equity Dec 30, 2010 Jun 30, 2011
Total Internet Accounts 266,283 307,534
Active Internet Accounts 69.137 77,056
% Active Accounts 25.96% 28.94%
No. of Accounts – Derivatives Dec 30, 2010 Jun 30, 2011
Total Accounts 41,880 50,885
15
Appendix 3
2009 2010 1 H 2011
Type of Investor
Trading Volume
(Mil. Baht)
Brokerage Fee
(Mil. Baht)
Avg. Commis
sion
Trading Volume
(Mil. Baht)
Brokerage Fee
(Mil. Baht)
Avg. Commis
sion
Trading Volume
(Mil. Baht)
Brokerage Fee
(Mil. Baht)
Avg. Commis
sion
Local Institution 602,341 1,483 0.25% 1,081,821 2,119 0.20% 643,041 1,319 0.21%
Proprietary Port 1,167,479 - - 1,713,469 - - 859,344 - -
Foreign 1,753,876 3,800 0.22% 2,619,442 4,316 0.16% 1,717,954 2,665 0.16%
Retail 5,334,262 12,180 0.23% 8,653,162 15,713 0.18% 4,111,945 7,433 0.18%
Total 8,857,958 17,463 0.20% 14,067,894 22,148 0.16% 7,332,284 11,417 0.16%
Total (x-prop) 7,690,479 17,463 0.23% 12,354,425 22,148 0.18% 6,472,940 11,417 0.18%
Average Commission Rate - Equity
2009 2010 1 H 2011
Trading Volume
(Contract)
Brokerage Fee
(Mil. Baht)
Avg. Commission (Bt/Contract)
Trading Volume
(Contract)
Brokerage Fee
(Mil. Baht)
Avg. Commission (Bt/Contract)
Trading Volume
(Contract)
Brokerage Fee
(Mil. Baht)
Avg. Commission (Bt/Contract)
3,075,318 1,403 456.21 4,519,436 1,521 336.55 3,688,676 1,097 297.40
Average Commission Rate - Derivatives
