By Helgi Library - September 26, 2019
Aeon Credit Service Asia made a net profit of HKD 437 mil under revenues of HKD 1,245 mil in 2018, up 17.8% and 4.40% respectively co...
By Helgi Library - September 26, 2019
Aeon Credit Service Asia made a net profit of HKD 437 mil under revenues of HKD 1,245 mil in 2018, up 17.8% and 4.40% respectively co...
By Helgi Library - September 26, 2019
Aeon Credit Service Asia's non-performing loans reached 4.38% of total loans at the end of 2018, up from 4.26% compared to the pr...
| Profit Statement | 2016 | 2017 | 2018 | |
| Net Interest Income | HKD mil | 985 | 1,032 | 1,056 |
| Net Fee Income | HKD mil | 74.0 | 81.8 | 205 |
| Other Income | HKD mil | 108 | 78.9 | -15.7 |
| Total Revenues | HKD mil | 1,168 | 1,193 | 1,245 |
| Staff Cost | HKD mil | 158 | 162 | 156 |
| Operating Profit | HKD mil | 627 | 628 | 678 |
| Provisions | HKD mil | 233 | 193 | 156 |
| Net Profit | HKD mil | 299 | 371 | 437 |
| Balance Sheet | 2016 | 2017 | 2018 | |
| Interbank Loans | HKD mil | 166 | 104 | 153 |
| Customer Loans | HKD mil | 4,980 | 5,095 | 4,796 |
| Total Assets | HKD mil | 6,092 | 6,193 | 6,181 |
| Shareholders' Equity | HKD mil | 2,742 | 3,005 | 3,191 |
| Interbank Borrowing | HKD mil | 240 | 345 | 1,027 |
| Customer Deposits | HKD mil | 0 | 0 | 0 |
| Issued Debt Securities | HKD mil | 2,731 | 2,480 | 1,605 |
| Ratios | 2016 | 2017 | 2018 | |
| ROE | % | 11.3 | 12.9 | 14.1 |
| ROA | % | 4.97 | 6.04 | 7.07 |
| Costs (As % Of Assets) | % | 8.98 | 9.20 | 9.17 |
| Costs (As % Of Income) | % | 46.3 | 47.4 | 45.6 |
| Capital Adequacy Ratio | % | 45.0 | 48.5 | 51.6 |
| Net Interest Margin | % | 16.4 | 16.8 | 17.1 |
| NPLs (As % Of Loans) | % | 4.21 | 4.26 | 4.38 |
| Provisions (As % Of NPLs) | % | 47.2 | 40.3 | 110 |
| Growth Rates | 2016 | 2017 | 2018 | |
| Total Revenue Growth | % | -0.641 | 2.15 | 4.40 |
| Operating Cost Growth | % | -12.0 | 4.51 | 0.468 |
| Operating Profit Growth | % | 11.8 | 0.116 | 7.94 |
| Net Profit Growth | % | 19.5 | 24.2 | 17.8 |
| Customer Loan Growth | % | -3.10 | 2.32 | -5.87 |
| Total Asset Growth | % | 2.53 | 1.66 | -0.198 |
| Shareholders' Equity Growth | % | 7.80 | 9.59 | 6.18 |
| Employees | 585 | 575 | 455 | |
Get all company financials in excel:
| summary | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | |||||||||||
| Net Interest Income | HKD mil | 898 | 938 | 1,057 | 1,014 | 985 | |||||
| Total Revenues | HKD mil | 1,039 | 1,075 | 1,206 | 1,175 | 1,168 | |||||
| Operating Profit | HKD mil | 595 | 545 | 649 | 561 | 627 | |||||
| Net Profit | HKD mil | 295 | 222 | 282 | 250 | 299 | |||||
| balance sheet | |||||||||||
| Interbank Loans | HKD mil | 372 | 362 | 114 | 98.1 | 166 | |||||
| Customer Loans | HKD mil | 4,697 | 5,152 | 5,180 | 5,139 | 4,980 | |||||
| Debt Securities | HKD mil | 44.3 | 26.1 | 24.5 | 22.1 | 21.2 | |||||
| Total Assets | HKD mil | 5,769 | 6,098 | 5,951 | 5,942 | 6,092 | |||||
| Shareholders' Equity | HKD mil | 2,229 | 2,346 | 2,447 | 2,544 | 2,742 | |||||
| Interbank Borrowing | HKD mil | 714 | 803 | 1,047 | 1,111 | 240 | |||||
| Customer Deposits | HKD mil | 0 | 0 | 0 | 0 | 0 | |||||
| Issued Debt Securities | HKD mil | 2,426 | 2,587 | 2,032 | 1,845 | 2,731 | |||||
| ratios | |||||||||||
| ROE | % | 13.8 | 9.70 | 11.8 | 10.0 | 11.3 | |||||
| ROA | % | 5.25 | 3.74 | 4.69 | 4.20 | 4.97 | |||||
| Costs (As % Of Assets) | % | 7.88 | 8.93 | 9.24 | 10.3 | 8.98 | |||||
| Costs (As % Of Income) | % | 42.7 | 49.3 | 46.2 | 52.3 | 46.3 | |||||
| Capital Adequacy Ratio | % | 38.6 | 38.5 | 41.1 | 42.8 | 45.0 | |||||
| Net Interest Margin | % | 16.0 | 15.8 | 17.5 | 17.0 | 16.4 | |||||
| Interest Income (As % Of Revenues) | % | 86.4 | 87.3 | 87.6 | 86.3 | 84.4 | |||||
| Fee Income (As % Of Revenues) | % | 7.15 | 7.44 | 6.78 | 6.98 | 6.34 | |||||
| Staff Cost (As % Of Total Cost) | % | 28.1 | 26.3 | 29.0 | 28.7 | 29.2 | |||||
| Equity (As % Of Assets) | % | 38.6 | 38.5 | 41.1 | 42.8 | 45.0 | |||||
| Loans (As % Assets) | % | 81.4 | 84.5 | 87.0 | 86.5 | 81.7 | |||||
| NPLs (As % Of Loans) | % | 5.41 | 5.71 | 4.91 | 4.78 | 4.21 | |||||
| Provisions (As % Of NPLs) | % | 48.6 | 48.7 | 56.7 | 54.0 | 47.2 | |||||
| valuation | |||||||||||
| Number Of Shares (Average) | mil | ... | 419 | 419 | 419 | 419 | 419 | ||||
| Earnings Per Share (EPS) | HKD | ... | 705 | 530 | 674 | 597 | 714 | ||||
| Book Value Per Share | HKD | ... | 5,323 | 5,601 | 5,844 | 6,074 | 6,548 | ||||
| Dividend Per Share | ... | 350 | 350 | 360 | 360 | 360 | |||||
| Earnings Per Share Growth | % | ... | ... | -2.01 | -24.8 | 27.2 | -11.5 | 19.5 | |||
| Book Value Per Share Growth | % | ... | 8.76 | 5.22 | 4.34 | 3.93 | 7.80 |
| income statement | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | |||||||||||
| Interest Income | HKD mil | 1,000 | 1,034 | 1,155 | 1,108 | 1,076 | |||||
| Interest Cost | HKD mil | 102 | 95.7 | 98.1 | 94.7 | 90.7 | |||||
| Net Interest Income | HKD mil | 898 | 938 | 1,057 | 1,014 | 985 | |||||
| Net Fee Income | HKD mil | 74.3 | 80.0 | 81.8 | 82.0 | 74.0 | |||||
| Other Income | HKD mil | 66.7 | 56.4 | 67.5 | 79.5 | 108 | |||||
| Total Revenues | HKD mil | 1,039 | 1,075 | 1,206 | 1,175 | 1,168 | |||||
| Staff Cost | HKD mil | 125 | 139 | 162 | 176 | 158 | |||||
| Depreciation | HKD mil | 36.3 | 40.7 | 42.5 | 46.9 | 45.2 | |||||
| Other Cost | HKD mil | 282 | 350 | 353 | 391 | 338 | |||||
| Operating Cost | HKD mil | 443 | 530 | 557 | 614 | 541 | |||||
| Operating Profit | HKD mil | 595 | 545 | 649 | 561 | 627 | |||||
| Provisions | HKD mil | 234 | 267 | 294 | 248 | 233 | |||||
| Extra and Other Cost | HKD mil | 5.49 | 2.51 | 8.43 | 4.58 | 17.2 | |||||
| Pre-Tax Profit | HKD mil | 355 | 275 | 347 | 308 | 377 | |||||
| Tax | HKD mil | 60.1 | 52.5 | 64.3 | 57.4 | 68.4 | |||||
| Minorities | HKD mil | 0 | 0 | 0 | 0 | 0 | |||||
| Net Profit | HKD mil | 295 | 222 | 282 | 250 | 299 | |||||
| Dividends | HKD mil | 147 | 147 | 151 | 151 | 151 | |||||
| growth rates | |||||||||||
| Net Interest Income Growth | % | ... | 0.332 | 4.53 | 12.6 | -4.09 | -2.82 | ||||
| Net Fee Income Growth | % | ... | 29.6 | 7.71 | 2.17 | 0.305 | -9.70 | ||||
| Total Revenue Growth | % | ... | -0.086 | 3.48 | 12.2 | -2.57 | -0.641 | ||||
| Operating Cost Growth | % | ... | 9.97 | 19.5 | 5.04 | 10.3 | -12.0 | ||||
| Operating Profit Growth | % | ... | -6.46 | -8.49 | 19.2 | -13.6 | 11.8 | ||||
| Pre-Tax Profit Growth | % | ... | -0.224 | -22.6 | 26.0 | -11.1 | 22.2 | ||||
| Net Profit Growth | % | ... | -2.01 | -24.8 | 27.2 | -11.5 | 19.5 |
| balance sheet | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| balance sheet | |||||||||||
| Cash | HKD mil | 160 | 161 | 233 | 307 | 470 | |||||
| Interbank Loans | HKD mil | 372 | 362 | 114 | 98.1 | 166 | |||||
| Customer Loans | HKD mil | 4,697 | 5,152 | 5,180 | 5,139 | 4,980 | |||||
| Retail Loans | HKD mil | 4,697 | 5,152 | 5,180 | 5,139 | 4,980 | |||||
| Mortgage Loans | HKD mil | 0 | 0 | 0 | 0 | 0 | |||||
| Consumer Loans | HKD mil | 4,697 | 5,152 | 5,180 | 5,139 | 4,980 | |||||
| Corporate Loans | HKD mil | 0 | 0 | 0 | 0 | 0 | |||||
| Debt Securities | HKD mil | 44.3 | 26.1 | 24.5 | 22.1 | 21.2 | |||||
| Fixed Assets | HKD mil | 96.6 | 111 | 115 | 123 | 100 | |||||
| Total Assets | HKD mil | 5,769 | 6,098 | 5,951 | 5,942 | 6,092 | |||||
| Shareholders' Equity | HKD mil | 2,229 | 2,346 | 2,447 | 2,544 | 2,742 | |||||
| Of Which Minority Interest | HKD mil | 0 | 0 | 0 | 0 | 0 | |||||
| Liabilities | HKD mil | 3,540 | 3,752 | 3,504 | 3,398 | 3,350 | |||||
| Interbank Borrowing | HKD mil | 714 | 803 | 1,047 | 1,111 | 240 | |||||
| Customer Deposits | HKD mil | 0 | 0 | 0 | 0 | 0 | |||||
| Issued Debt Securities | HKD mil | 2,426 | 2,587 | 2,032 | 1,845 | 2,731 | |||||
| Other Liabilities | HKD mil | 400 | 363 | 425 | 442 | 378 | |||||
| asset quality | |||||||||||
| Non-Performing Loans | HKD mil | 261 | 303 | 261 | 252 | 214 | |||||
| Gross Loans | HKD mil | 4,824 | 5,299 | 5,329 | 5,275 | 5,081 | |||||
| Total Provisions | HKD mil | 127 | 147 | 148 | 136 | 101 | |||||
| growth rates | |||||||||||
| Customer Loan Growth | % | ... | 1.11 | 9.68 | 0.557 | -0.799 | -3.10 | ||||
| Retail Loan Growth | % | ... | 1.11 | 9.68 | 0.557 | -0.799 | -3.10 | ||||
| Consumer Loan Growth | % | ... | 1.11 | 9.68 | 0.557 | -0.799 | -3.10 | ||||
| Total Asset Growth | % | ... | 5.21 | 5.70 | -2.40 | -0.165 | 2.53 | ||||
| Shareholders' Equity Growth | % | ... | 8.76 | 5.22 | 4.34 | 3.93 | 7.80 |
| ratios | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| ratios | |||||||||||
| ROE | % | 13.8 | 9.70 | 11.8 | 10.0 | 11.3 | |||||
| ROA | % | 5.25 | 3.74 | 4.69 | 4.20 | 4.97 | |||||
| Costs (As % Of Assets) | % | 7.88 | 8.93 | 9.24 | 10.3 | 8.98 | |||||
| Costs (As % Of Income) | % | 42.7 | 49.3 | 46.2 | 52.3 | 46.3 | |||||
| Capital Adequacy Ratio | % | 38.6 | 38.5 | 41.1 | 42.8 | 45.0 | |||||
| Net Interest Margin | % | 16.0 | 15.8 | 17.5 | 17.0 | 16.4 | |||||
| Interest Spread | % | ... | 14.8 | 14.8 | 16.5 | 15.9 | 15.2 | ||||
| Asset Yield | % | 17.8 | 17.4 | 19.2 | 18.6 | 17.9 | |||||
| Cost Of Liabilities | % | ... | 2.92 | 2.62 | 2.70 | 2.74 | 2.69 | ||||
| Payout Ratio | % | 49.6 | 66.0 | 53.4 | 60.3 | 50.5 | |||||
| Interest Income (As % Of Revenues) | % | 86.4 | 87.3 | 87.6 | 86.3 | 84.4 | |||||
| Fee Income (As % Of Revenues) | % | 7.15 | 7.44 | 6.78 | 6.98 | 6.34 | |||||
| Other Income (As % Of Revenues) | % | 6.42 | 5.25 | 5.60 | 6.77 | 9.29 | |||||
| Cost Per Employee | USD per month | 2,798 | 2,345 | 2,299 | 3,050 | 2,900 | |||||
| Cost Per Employee (Local Currency) | HKD per month | 21,712 | 18,177 | 17,827 | 23,647 | 22,485 | |||||
| Staff Cost (As % Of Total Cost) | % | 28.1 | 26.3 | 29.0 | 28.7 | 29.2 | |||||
| Equity (As % Of Assets) | % | 38.6 | 38.5 | 41.1 | 42.8 | 45.0 | |||||
| Loans (As % Assets) | % | 81.4 | 84.5 | 87.0 | 86.5 | 81.7 | |||||
| NPLs (As % Of Loans) | % | 5.41 | 5.71 | 4.91 | 4.78 | 4.21 | |||||
| Provisions (As % Of NPLs) | % | 48.6 | 48.7 | 56.7 | 54.0 | 47.2 | |||||
| Provisions (As % Of Loans) | % | 2.70 | 2.86 | 2.86 | 2.65 | 2.03 | |||||
| Cost of Provisions (As % Of Loans) | % | 5.02 | 5.42 | 5.69 | 4.81 | 4.61 |
| other data | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| other data | |||||||||||
| Employees | 479 | 639 | 756 | 622 | 585 |
Get all company financials in excel:
By Helgi Library - September 26, 2019
Aeon Credit Service Asia's non-performing loans reached 4.38% of total loans at the end of 2018, up from 4.26% compared to the previous year. Historically, the NPL ratio hit an all time high of 5.71% in 2013 and an all time low of 4.21% in 2016. Provision c...
By Helgi Library - September 26, 2019
Aeon Credit Service Asia's net interest margin amounted to 17.1% in 2018, up from 16.8% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 17.5% in 2014 and an all time low of 15.8% in 2013. The avera...
By Helgi Library - September 26, 2019
Aeon Credit Service Asia's net interest margin amounted to 17.1% in 2018, up from 16.8% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 17.5% in 2014 and an all time low of 15.8% in 2013. The avera...
By Helgi Library - September 26, 2019
Aeon Credit Service Asia generated total banking revenues of HKD 1,245 mil in 2018, up 4.4% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of HKD 1,245 mil in 2...
By Helgi Library - September 26, 2019
Aeon Credit Service Asia generated total banking revenues of HKD 1,245 mil in 2018, up 4.4% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of HKD 1,245 mil in 2...
Aeon Credit Service Asia has been growing its revenues and asset by 1.95% and 1.32% a year on average in the last 3 years. Its loans and deposits have grown by -2.28% and % a year during that time and loans to deposits ratio reached at the end of 2018. The company achieved an average return on equity of 12.8% in the last three years with net profit growing 20.5% a year on average. In terms of operating efficiency, its cost to income ratio reached 45.6% in 2018, compared to 46.4% average in the last three years.
Equity represented 51.6% of total assets or 66.5% of loans at the end of 2018. Aeon Credit Service Asia's non-performing loans were 4.38% of total loans while provisions covered some 110% of NPLs at the end of 2018.
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