sgx financial report 6 · 2019. 10. 10. · futures, sgx nifty 50 index futures. higher collateral...
TRANSCRIPT
$
%12%
TotalTradedValue
SGD
billion 340.0
$
%12%
Securities Daily AverageTraded Value
(SDAV)
SGD
billion 1.26
$
%8%
Revenue
SGD
million 221.1
Securites Tradingand Clearing
SINGAPORE EXCHANGE LIMITED (SGX)
FINANCIAL HIGHLIG HTS
20
18
Revenue
Expenses
• SGX increased its total revenues by 5% year-on-year to SGD 844.7 million for FY 2018, the highest recorded since its listing in 2000.
• Expenses also grew by 5% to SGD 419.8 million, mainly due to increased staff costs, technology expenses and professional fees.
• Further, earnings per share rose by 7% to reach 33.9 cents.
Net Profit
Operating Profit
• In addition, net profit and operating profit improved by 7% and 6% to SGD 363.2 million and SGD 424.9 million respectively – the highest achieved o the past five years.
PERFORMANCE
DRIVERS 20
18
200
400
600
800
1000
407340
98
845
Reve
nue
($m
illio
n)
Change(y-o-y)
Revenue Contribution
1% 12% 5% 5%
Equities and
Fixed Income
Derivatives
Market Dataand
Connectivity
TotalRevenue
Source: SGX FY 2018 Analyst and Media Brie�ng Slides
Source: SGX FY 2018 Analyst and Media Brie�ng Slides
Equities & Fixed Income grew by 1% year-on-year to SGD 406.6 million, accounting for 48% of total revenue. Derivatives rise by 12% to SGD 339.8 million, contributing40% of total revenue. Market Data & Connectivity made up 5% to SGD 98.3 million, taking the remaining 12% of total revenue.All three core businesses (Equities & Fixed Income, Derivatives and Market Data & Connectivity) of SGX registered higher revenues of SGD 844.7 millionin total, up by 5% year-on-year.
Legend:
PERFORMANCE
DRIVERS +
Equities and Fixed Income
Derivatives
Issuer Services
Revenue
819Bond Listings
$SGD
billion 384.7
$FY
2018 SGD
billion 481.9
FY2017
1,154Bond Listings
23New Equity
Listings
$SGD
billion 1.3
$FY
2018 SGD
billion 6.2
FY2017
22New Equity
Listings
Revenue
$
%3%
NewBond Listings
SGD
million 86.2
Revenue
$
%12%
IndexFutures
SGD
million 39.8
+Higher volumes in SGX FTSE China A50 futures, Nikkei 225 index futures, MSCI Singapore index futures, SGX Nifty 50 index futures.
Higher collateral management income and license fees from higher derivatives trading volumes.
Marketing and Connectivity
Revenue
$
%5%
Revenue
SGD
million 98.3
+Continued growth in data licenses for application systems usage.
SGX’s colocation services business maintainedits upward trajectory.
Equities and Fixed Income
PERFORMANCE
DRIVERS _
Post Trade Services
Revenue
%
$
14%Revenue
SGD
million 99.3
%
$
8%
SGD
million 87.6
Securities Settlement
Revenue
Due to a decline in securities settlement revenue, as a result of the change in the mix of subsequent settlement instructions.
%
$
71%Contract
ProcessingRevenue
SGD
million 3.4
_Due to all brokers migrating to their own back office systems in February 2018.
Source: SGX FY Annual Report 2018
It is Asia’s most global and connected exchange, as well as the world’s most liquid offshore market for the benchmark equity indices of China, India, Japan and ASEAN.
Based in Singapore, SGX is a global multi-asset exchange operating equity, fixed income and derivatives markets.
_
48% 40% 12% 100%
FY2018
FY2018
UP
UP
UP
UP
UP
UP
DOWN
DOWN
DOWN
FY2018
FY2018
FY2018
Up5% y-o-y
FY2017
FY2016
FY2018
SGD818million
SGD805million
SGD801million
Up5% y-o-y
FY2017
FY2016
FY2018
SGD409million
SGD420million
SGD399million
Up6% y-o-y
FY2017
FY2016
FY2018
SGD409million
SGD425million
SGD402million
Up7% y-o-y
FY2017
FY2016
FY2018
SGD349million
SGD363million
SGD340million