E.SUN FHC

Financial Review of 3Q 2023

November 2023

Disclaimer

This Presentation is provided by E.SUN Financial Holding Co., Ltd. ('E.SUN FHC'). E.SUN makes no guarantee or warranties as to the accuracy or correctness of all the material contained. After this presentation is released to the public, we undertake no obligation to update any relevant data to reflect any change hereafter.

This presentation may contain forward-looking statements. Statements that are not historical facts, including statements relating to the implementation of strategic initiatives, future business development and economic performance are forward-looking statements. Those statements involve uncertainties, risks, assumptions and other factors that could cause actual developments and results to differ materially from our statement in this presentation.

大綱

  • 2023 3Q Financial Performance
  • 2023 3Q Business Operation Overview
  • Appendix

E.SUN FHC Summary

Unit : NT$ million

2023.09/1

2022.12/3

FHC

3,591,870

3,479,560

Total Assets

Bank

3,566,001

3,458,024

Securities

20,637

17,797

Venture Capital

6,189

4,979

Book value per share (NT$)

14.58

13.80

Key Financials

Double Leverage Ratio

102.93%

103.15%

FHC CAR

138.08%/2

127.54%

Bank - domestic

139

139

Branch: HK, LA, Singapore, Vietnam, Myanmar,

Channels

Oversea channels

Tokyo, Fukuoka, Sydney, Brisbane

Subsidiary: China and Cambodia (UCB)

Rep office in Hanoi, HCM City, and Bangkok

31 overseas sites

Securities - branches

17

17

Note: 1. Preliminary figures of September 2023 2. Audit figures of June 2023

3. Audit figures of Dec 2022

4. Share owned by QFII: 30.44%, as of September 30, 2023

2

3Q23 Business and Financial Review

Financial Performance

  • For 9M23, E.SUN FHC's net revenues was NT$48.2 billion. Net profit was NT$15.9 billion (+36.4%).
  • EPS NT $1.04, ROE 9.96%, ROA 0.60%
  • E.SUN Bank reported after tax net profit of NT $13.9 billion (+29.8%).

Business Operation

  • Loan balance grew by 4.6% and exceeded NT $2 trillion, SME loan grew by 8%, consumer loan grew by 5.3%. As of 3Q, sustainability related loan accounted for 35.4% of corporate loan balance
  • Net fee income was reported NT $15.8 billion (+8.3%) in 9M and $5.6 billion in 3Q, setting record high of single quarter. WM fee income was NT $6.9 billion(+13.8%) and credit card fee income was NT $5.3 billion(+14.6%).
  • Asset quality was benign, NPL ratio at 0.17% and coverage ratio at 711.3%。

Highlights

  • Honors and Recognitions: Winners in "The Wealth" Taiwan Financial Awards: "Sustainable Finance Award" (2014~2023), "Fintech Innovative Application" (2016~2023), "The Most influential Trust Service", and "The Most recommended by domestic clients".
  • Winner of "The Asset ESG Jade Award", and is the only winner of Taiwan financials; Awarded by The Asian Banker with "Most Recommended Retail Bank", "Best SME Bank", and "Best Mortgage".
  • E.SUN ESG Initiative: Invited 157 companies in Taiwan and overseas to join. The participating companies collectively commit to reduce 1.57 million tons of carbon emission by 2025.

3

Financial Performance

Net Profit

EPS

Unit: NT$ million

Unit: NT$ dollars

20,105

18,027

20,559

15,759

15,886

1.73

1.54

1.43

1.10 1.04

2019

2020

2021

2022

9M23

2019

2020

2021

2022

9M23

ROE

12.07%

10.95%

10.17%

9.96%

8.06%

ROA

0.84%

0.66%

0.66%

0.60%

0.47%

2019

2020

2021

2022

9M23

2019

2020

2021

2022

9M23

Note: Preliminary figures of September 2023

4

Net Income of FHC & its Subsidiaries

Contribution by Subsidiaries

Bank

86.1%

Securities

5.9%

VC

8.0%

Note: Preliminary figures of Sep. 2023

Net Income of FHC and its Subsidiaries

Unit: NT$ million

9M22 9M23

+29.8% YoY

15,886.5

13,943.9

11,648.0

10,746.5

+17.9% YoY +417.7% YoY

816.1 962.2

1,292.1

249.6

Bank

Securities

VC

FHC

5

Net Profit Breakdown

9M23 P&L

9M22 P&L

Unit: NT$ million

48,190 (27,587)

(994)(3,713)15,886

Net Revenue

Operating

Net Provision

Income Tax

Net Profit

Expense

+20.4%

+16.4%

+36.4%

40,032 (23,698)

(1,491)

(3,182)11,648

Net Revenue

Operating

Net Provision

Income Tax

Net Profit

Expense

Note: Preliminary figures of Sep. 2023

6

FHC Revenue Breakdown

Total Net Revenue

NT$ 48,190 million

Net Fee Income

32.7%

Net Interest

Income

44.4%

Fixed

Income, FX

& Others

22.9%

Note: Preliminary figures of Sep. 2023

YoY Comparison

Unit: NT$ million

9M22

23,016

9M23

21,412

+8.3% YoY

15,758

14,550

11,020

2,466

Net Interest Income

Net Fee Income

Fixed Income, FX &

Others

7

Net Fee Income Breakdown

Total Net Fee Income

NT$ 15,758 million

Consumer

Corporate

Banking

Banking

Brokerage &

Wealth

1.4%

9.1%

others

Management

43.4%

12.6%

Credit Card

33.5%

Note: Preliminary figures of Sep. 2023

YoY Comparison

Unit: NT$ million

9M22

+14.6% YoY +13.8% YoY

9M23

6,845

6,017

5,278

4,607

2,1661,982

1,524 1,426

236

227

Credit Card

Wealth

Consumer

Corporate

Brokerage

Management

Banking

Banking

& Others

8

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Disclaimer

E.SUN Financial Holding Co. Ltd. published this content on 20 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 March 2024 16:29:02 UTC.