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    2882   TW0002882008

CATHAY FINANCIAL HOLDING CO., LTD.

(2882)
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Cathay Financial : Morgan Stanley Virtual Asia ESG Conference

09/08/2021 | 02:22am EST

2021 First Half Briefing

August 2021

Agenda

  • Introduction of Cathay FHC
  • 1H21 Business Overview
  • Overseas Expansion
  • Business Performance Summary

Cathay United Bank

Cathay Life

Cathay Century

  • Cathay's CSR Efforts
  • Appendix

2

Cathay FHC: largest FHC, comprehensive products

Cathay FHC

Chairman: Mr. Hong-Tu Tsai

Vice Chairman: Mr. Tsu-Pei Chen

President: Mr. Chang-Ken Lee

100%

100%

100%

Cathay

Cathay

Cathay Life

Asset

United Bank

Century

Management

CUB (China)

Cathay Century

Cathay Lujiazui

Conning

(China)

Life (China)

(100%)

(100%)

(49%)

(50%)

Indovina Bank

Cathay Century

Cathay Life

Cathay Securities

(Vietnam)

(Vietnam)

Investment Trust

(50%)

(100%)

(100%)

(100%)

CUBC Bank

CDBS-CAM

(100%)

(33%)

100%100%

Cathay Cathay

Securities Venture

Cathay Futures

(100%)

Cathay Securities

(HK)

(100%)

  • One of the largest private banks in terms of total assets
  • No. 2 credit card issuer
  • The largest brokerage settlement bank
  • 2nd biggest non- life insurer
  • Market share in total premium income:
    11.8% (1H21).
  • No. 1 life insurer in terms of total assets and total premium
  • Market share in total premium: 21.6% (1H21).
  • Building global asset management platform
  • Largest AUM among asset managers in Taiwan
  • Investment banking, brokerage, and prop trading businesses
  • Strong underwriting and capital raising platform
  • Diversified products and services

3

Market leader in Taiwan's FIG sector

  • Largest listed financial group by assets.

Ranking of total asset (US$bn)

Privately owned

Government-run

406

358

240

213

163

154

152

129

125

118

Cathay

Fubon

CTBC

Taiwan

Shin Kong

Cooperative

Mega

First

CDF

Hua Nan

Note: Total assets as of June 30, 2021

Ranking of market cap (US$bn)

Privately owned

Government-run

31.2

28.2

16.1

16.0

12.7

10.9

10.7

10.7

9.6

7.6

Fubon

Cathay

CTBC

Mega

E. Sun

Yuanta Cooperative

First

Hua Nan

CDF

Note: Market capitalization as of August 31, 2021

4

Cathay FHC's continuous effort in ESG integration

2011

    • Established CSR Committee
  • The only Taiwan FIG joined CDP Non-Disclosure Campaign & Climate Action 100+ Initiatives
  • Cathay Century P&C Insurance self- compliance with PSI

2012

    • Published the first CSR report
  • Joined Asia Investor Group on Climate Change (AIGCC)
  • Cathay Life self-compliance with
    PSI
  • Renamed CSR Committee to Corporate Sustainability Committee, supervised by

2014 the Board

Formed Responsible Investment Team

  • Included in DJSI Emerging Market Index
  • Cathay United Bank signed Equator Principles, a first in Taiwan

2017

2016

20182019

2015

2020

  • Included in DJSI World Index
  • Among the first to sign on TCFD initiative
  • Cathay United Bank self-compliance with
    PRB
  • First Taiwan FIG to disclose carbon footprints in investment portfolio
  • Active in engagement with government on climate governance
  • Launched the Taiwan Sustainable Investment Survey
  • Cathay Securities published ESG rating reports on individual listed companies

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Cathay Financial Holding Co. Ltd. published this content on 08 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 September 2021 06:21:05 UTC.


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Financials
Sales 2021 659 B 23 751 M 23 751 M
Net income 2021 122 B 4 380 M 4 380 M
Net Debt 2021 15 333 M 553 M 553 M
P/E ratio 2021 6,75x
Yield 2021 5,89%
Capitalization 790 B 28 474 M 28 481 M
EV / Sales 2021 1,22x
EV / Sales 2022 1,29x
Nbr of Employees 58 000
Free-Float 63,7%
Chart CATHAY FINANCIAL HOLDING CO., LTD.
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Cathay Financial Holding Co., Ltd. Technical Analysis Chart | MarketScreener
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Technical analysis trends CATHAY FINANCIAL HOLDING CO., LTD.
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TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 60,00 TWD
Average target price 65,41 TWD
Spread / Average Target 9,01%
EPS Revisions
Managers and Directors
Chang Keng Li President & Director
Yan Ju Chen CFO & First Deputy Spokesman
Hong Tu Tsai Chairman
Chia-Sheng Chang Chief Information Officer
Sophia Cheng Chief Investment Officer
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