Financial Ratios Kina Securities Limited

Stocks

KSL

PG000A143KS8

Banks

Market Closed - Australian S.E. Other stock markets 04:10:11 14/07/26 pm AEST			5-day change	1st Jan Change
1.220 ^AUD	-0.41%		-5.79%	-3.17%

07/07	Kina Securities Expects Full-Year Net Profit to Rise Up to 20%	MT
27/05	Kina Securities Limited - Shareholder/Analyst Call

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Published financial data: KINA SECURITIES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest Income On Loans	207M	225M	253M	274M	346M
Interest Income On Investments	562K	469K	660K	944K	936K
Interest Income, Total	207M	225M	254M	275M	347M
Interest On Deposits	29.62M	43.39M	50.02M	52.25M	77.86M
Interest Expense, Total	29.62M	43.39M	50.02M	52.25M	77.86M
Net Interest Income	178M	182M	204M	223M	269M
Gain (Loss) on Sale of Assets	105K	249K	89K	154K	24K
Gain (Loss) on Sale of Invest. & Securities - (Rev)	817K	3.61M	2.73M	7.91M	-3.1M
Total Other Non Interest Income	156M	181M	197M	254M	278M
Non Interest Income, Total	156M	185M	200M	262M	275M
Revenues Before Provison For Loan Losses	334M	366M	404M	485M	544M
Provision For Loan Losses	6.52M	4.82M	9.9M	18.15M	38.97M
Total Revenues	328M	362M	394M	467M	505M
Salaries And Other Employee Benefits	71.42M	83.5M	83.99M	100M	111M
Stock-Based Compensation (IS)	-	-	-	-	-
Occupancy Expense	41.72M	43.18M	34.28M	37.68M	42.59M
Selling General & Admin Expenses, Total	67.04M	69.66M	84.27M	114M	122M
Total Other Non Interest Expense	13.92M	16.92M	16.19M	34.85M	29.79M
Non Interest Expense, Total	194M	213M	219M	287M	306M
EBT, Excl. Unusual Items	134M	148M	176M	180M	199M
Total Merger & Related Restructuring Charges	-30K	-	-	-	-
Other Unusual Items	-27.7M	-	-	-	-
EBT, Incl. Unusual Items	106M	148M	176M	180M	199M
Income Tax Expense	35.21M	31.93M	70.58M	79.81M	84.47M
Earnings From Continuing Operations	70.81M	116M	105M	100M	115M
Net Income to Company	70.81M	116M	105M	100M	115M
Net Income - (IS)	70.81M	116M	105M	100M	115M
Preferred Dividend and Other Adjustments	-3K	-	-	-	-
Net Income to Common Incl Extra Items	70.81M	116M	105M	100M	115M
Net Income to Common Excl. Extra Items	70.81M	116M	105M	100M	115M
Per Share Items
Net EPS - Basic	0.25	0.41	0.37	0.35	0.4
Basic EPS - Continuing Operations	0.25	0.41	0.37	0.35	0.4
Basic Weighted Average Shares Outstanding	287M	287M	287M	287M	289M
Net EPS - Diluted	0.24	0.4	0.36	0.35	0.39
Diluted EPS - Continuing Operations	0.24	0.4	0.36	0.35	0.39
Diluted Weighted Average Shares Outstanding	290M	289M	289M	289M	291M
Normalized Basic EPS	0.29	0.32	0.38	0.39	0.43
Normalized Diluted EPS	0.29	0.32	0.38	0.39	0.43
Dividend Per Share	0.27	0.26	0.26	0.26	0.32
Payout Ratio	101.73	70.99	70.73	75.86	70.78
Supplemental Items
Effective Tax Rate - (Ratio)	33.21	21.51	40.21	44.31	42.42
Total Current Taxes	35.71M	46.97M	75.85M	81.9M	87.21M
Total Deferred Taxes	-506K	-15.04M	-5.28M	-2.09M	-2.74M
Normalized Net Income	83.59M	92.76M	110M	113M	124M
Non-Cash Pension Expense	511K	2.62M	1.1M	919K	2.42M
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	4.19M	2.28M	2.07M	2.67M	3.36M
Stock-Based Comp., Other (Total)	-	-	-	-	1.76M
Total Stock-Based Compensation	4.19M	2.28M	2.07M	2.67M	5.12M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	568M	702M	816M	980M	806M
Investment Securities, Total	635M	1.1B	975M	405M	560M
Trading Asset Securities, Total	11.65M	15.26M	35.82M	41.66M	60.4M
Total investments	647M	1.12B	1.01B	447M	621M
Gross Loans	1.99B	2.2B	2.61B	2.95B	3.34B
Allowance For Loan Losses	-38.1M	-42.5M	-52.47M	-67.31M	-88.13M
Net Loans	1.95B	2.16B	2.56B	2.88B	3.25B
Gross Property Plant And Equipment	160M	162M	166M	170M	205M
Accumulated Depreciation	-69.11M	-78.82M	-93.85M	-101M	-126M
Net Property Plant And Equipment	90.47M	82.84M	71.95M	69.3M	79.28M
Goodwill	92.79M	92.79M	92.79M	92.79M	92.79M
Other Intangibles, Total	48.66M	32.49M	27.61M	35.89M	51.04M
Accrued Interest Receivable	-	-	-	-	-
Other Receivables	34.75M	65.86M	88.63M	100M	126M
Restricted Cash	213M	383M	433M	523M	426M
Other Current Assets, Total	11.23M	14.76M	41.2M	48.8M	44.82M
Deferred Tax Assets Long-Term (Collected)	16.99M	32.09M	35.1M	36.8M	40.19M
Other Long-Term Assets, Total	112M	-	-	-	-
Total Assets	3.79B	4.68B	5.18B	5.22B	5.54B
Liabilities
Accounts Payable, Total	2.32M	6.49M	4.74M	4.04M	3.85M
Accrued Expenses, Total	22.63M	36.71M	36.91M	34.96M	22.1M
Interest Bearing Deposits	3.04B	3.88B	4.34B	4.35B	4.58B
Total Deposits	3.04B	3.88B	4.34B	4.35B	4.58B
Short-Term Borrowings	4.7M	2.06M	13.91M	135K	5.87M
Current Portion of Leases	14.41M	11.87M	10.99M	12.21M	16.15M
Long-Term Leases	34.44M	29.84M	22.78M	19.27M	26.99M
Current Income Taxes Payable	11.7M	5.15M	11.46M	10.33M	15.89M
Other Current Liabilities - (Bank / Utility Template)	21.32M	28.08M	27.8M	22.14M	19.49M
Unearned Revenue Non Current	1.31M	521K	310K	175K	133K
Deferred Tax Liability Non-Current	-	-	-	-	-
Other Non Current Liabilities	59.28M	69.11M	65.54M	95.38M	136M
Total Liabilities	3.21B	4.07B	4.54B	4.55B	4.82B
Common Stock, Total	395M	395M	395M	397M	415M
Retained Earnings	178M	212M	243M	267M	300M
Comprehensive Income and Other	3.59M	4.5M	2.78M	1.88M	2.7M
Total Common Equity	577M	611M	640M	666M	718M
Total Equity	577M	611M	640M	666M	718M
Total Liabilities And Equity	3.79B	4.68B	5.18B	5.22B	5.54B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	287M	287M	287M	288M	293M
ECS Total Common Shares Outstanding	287M	287M	287M	288M	293M
Book Value / Share	2.01	2.13	2.23	2.31	2.45
Tangible Book Value	435M	486M	520M	538M	574M
Tangible Book Value Per Share	1.52	1.69	1.81	1.87	1.96
Total Debt	53.55M	43.77M	47.69M	31.62M	49.01M
Deposits at Interest - Cash	453M	282M	223M	353M	64.3M
Net Debt	-526M	-673M	-804M	-990M	-817M
Full Time Employees	685	664	718	736	734

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	70.81M	116M	105M	100M	115M
Depreciation, Depletion & Amortization	20.95M	22.06M	19.98M	21.29M	26.79M
Amortization of Goodwill and Intangible Assets - (CF)	6.23M	4.53M	-	-	-
Total Depreciation, Depletion & Amortization	27.18M	26.59M	19.98M	21.29M	26.79M
Amortization of Deferred Charges, Total	9.22M	11.61M	9.97M	10.03M	5.71M
(Gain) Loss On Sale of Asset - (CF)	-105K	-249K	-89K	-154K	-24K
(Gain) Loss on Sale of Investments - (CF)	-219K	-2.72M	-2.63M	-7.49M	3.6M
Provision for Credit Losses	-	-	9.9M	18.15M	38.97M
Stock-Based Compensation (CF)	813K	917K	2.07M	2.67M	5.12M
Change In Income Taxes	-	-	7.26M	-1.13M	5.56M
Change In Deferred Taxes	-	-	-5.03M	-1.7M	-3.39M
Change in Other Net Operating Assets (Collected)	120M	444M	-43.42M	-443M	-71.5M
Other Operating Activities	18.87M	-18.73M	-3.45M	-10.16M	-8.65M
Cash from Operations	247M	578M	99.52M	-311M	117M
Capital Expenditure	-28.43M	-14M	-12.82M	-27.33M	-32.58M
Sale of Property, Plant, and Equipment	148K	306K	89K	154K	24K
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-50.49M	-453M	-39.53M	549M	-174M
Other Investing Activities, Total	76.16M	-	1K	-	-
Cash from Investing	-2.62M	-467M	-52.26M	521M	-206M
Long-Term Debt Repaid, Total	-	-	-11.84M	-12.45M	-18.21M
Total Debt Repaid	-	-	-11.84M	-12.45M	-18.21M
Issuance of Common Stock	-	-	-	2.56M	17.47M
Common Dividends Paid	-72.03M	-82.7M	-74.24M	-76.09M	-81.14M
Common & Preferred Stock Dividends Paid	-72.03M	-82.7M	-74.24M	-76.09M	-81.14M
Cash from Financing	-72.03M	-82.7M	-86.08M	-85.98M	-81.88M
Foreign Exchange Rate Adjustments	-4.18M	-3.84M	2.18M	8.36M	7.04M
Miscellaneous Cash Flow Adjustments	-	-	-1K	-	-
Net Change in Cash	168M	25.15M	-36.65M	133M	-164M
Supplemental Items
Cash Interest Paid	33.94M	29.97M	51.86M	50.63M	65.79M
Cash Income Tax Paid (Refund)	28.92M	54.44M	68.51M	82.44M	81.59M
Net Debt Issued / Repaid	-	-	-11.84M	-12.45M	-18.21M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	2	2.75	2.13	1.93	2.13
Return On Equity %	12.28	19.61	16.8	15.35	16.57
Return on Common Equity	12.28	19.61	16.8	15.35	16.57
Shareholders Value Added	7.84M	49.74M	29.99M	21.9M	31.6M
Margin Analysis
SG&A Margin	54.96	54.29	51.37	53.94	54.68
Net Interest Income / Total Revenues %	54.26	50.23	51.74	47.81	53.2
EBT Excl. Non-Recurring Items Margin %	40.8	41.04	44.52	38.59	39.42
Income From Continuing Operations Margin %	21.6	32.21	26.62	21.49	22.7
Net Income Margin %	21.6	32.21	26.62	21.49	22.7
Net Avail. For Common Margin %	21.6	32.21	26.62	21.49	22.7
Normalized Net Income Margin	25.5	25.65	27.83	24.12	24.64
Asset quality
Nonperforming Loans / Total Loans %	4.35	8.71	6.36	11.1	8.71
Nonperforming Loans / Total Assets %	2.29	4.1	3.21	6.28	5.25
Nonperforming Assets / Total Assets %	2.29	4.1	3.21	6.28	5.25
NPAs / Loans and OREO	4.35	8.71	6.36	11.1	8.71
NPAs / Equity	15.01	31.35	25.98	49.17	40.53
Allowance for Credit Losses / Net Charge-offs %	1K	-57.43K	-24.87K	2.03K	485.55
Allowance for Credit Losses / Nonperforming Loans %	44.02	22.17	31.54	20.55	30.29
Allowance for Credit Losses / Total Loans %	1.92	1.93	2.01	2.28	2.64
Provision for Loan Losses / Net Charge-offs %	171.55	-6.52K	-4.69K	548.53	214.71
Capital And Funding
Total Average Common Equity / Total Average Assets %	16.28	14.03	12.68	12.57	12.87
Total Average Equity / Total Average Assets %	16.28	14.03	12.68	12.57	12.87
Total Equity + Allowance for Loan Losses / Total Loans %	30.91	29.7	26.5	24.86	24.13
Gross Loans / Total Deposits %	65.48	56.75	60.18	67.8	73.02
Net Loans / Total Deposits %	64.22	55.66	58.97	66.26	71.09
Tier 1 Capital Ratio %	18.3	15.7	15.1	14	13
Total Capital Ratio %	22.9	22.5	20	18.3	17.4
Tier 2 Capital Ratio	4.98	6.85	5.42	4.76	4.79
Coverage Ratio	44.02	22.17	31.54	20.55	30.29
Leverage Ratio %	9.2	7.5	7.6	7.9	7.8
Interbank Ratio	3.59K	5.91K	388.1	113K	1.78K
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	4.58	4.42	4.51	4.45	3.56
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	4.72	2.14	12.27	9.41	20.39
Non Interest Income, 1 Yr. Growth %	7.97	18.1	8.31	30.75	5.2
Provision For Loan Losses, 1 Yr. Growth %	-70.39	-25.99	105.18	83.34	114.7
Total Revenues, 1 Yr. Growth %	11.98	10.32	9.01	18.39	8.21
Earnings From Cont. Operations, 1 Yr. Growth %	-6.8	64.51	-9.89	-4.45	14.3
Net Income, 1 Yr. Growth %	-6.8	64.51	-9.89	-4.45	14.3
Normalized Net Income, 1 Yr. Growth %	21.69	10.97	18.27	2.6	10.55
Diluted EPS Before Extra, 1 Yr. Growth %	-34.19	65.44	-9.81	-4.67	13.69
Dividend Per Share, 1 Yr. Growth %	-0.56	-1.31	-3.03	1.95	22.22
Gross Loans, 1 Yr. Growth %	20.51	10.7	18.77	12.86	13.22
Allowance For Loan Losses, 1 Yr. Growth %	7.79	11.54	23.46	28.29	30.93
Net Loans, 1 Yr. Growth %	20.79	10.69	18.67	12.55	12.81
Non Performing Loans, 1 Yr. Growth %	77.65	121.43	-13.2	96.9	-11.18
Non Performing Assets, 1 Yr. Growth %	77.65	121.43	-13.2	96.9	-11.18
Total Assets, 1 Yr. Growth %	14.73	23.62	10.74	0.72	6.19
Total Deposits, 1 Yr Growth %	18.6	27.72	12.01	0.17	5.14
Tangible Book Value, 1 Yr. Growth %	0.09	11.69	7.42	3.38	6.81
Common Equity, 1 Yr. Growth %	-0.07	6.02	5.09	4.04	7.77
Total Equity, 1 Yr. Growth %	-0.07	6.02	5.09	4.04	7.77
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	24.4	3.42	7.09	10.83	14.77
Non Interest Income, 2 Yr. CAGR %	31.4	12.92	13.1	19	17.28
Provision For Loan Losses, 2 Yr. CAGR %	7.45	-53.19	23.23	93.96	98.4
Total Revenues, 2 Yr. CAGR %	28.06	11.15	9.66	13.6	13.18
Earnings From Cont. Operations, 2 Yr. CAGR %	7.86	23.82	21.75	-7.21	4.51
Net Income, 2 Yr. CAGR %	7.86	23.82	21.75	-7.21	4.51
Normalized Net Income, 2 Yr. CAGR %	27.03	16.21	14.56	10.16	6.5
Diluted EPS Before Extra, 2 Yr. CAGR %	-17.39	4.34	22.15	-7.28	4.11
Dividend Per Share, 2 Yr. CAGR %	2.42	-0.93	-2.17	-0.57	11.63
Gross Loans, 2 Yr. CAGR %	18.26	15.5	14.66	15.78	13.04
Allowance For Loan Losses, 2 Yr. CAGR %	36.25	9.65	17.35	25.85	29.6
Net Loans, 2 Yr. CAGR %	17.97	15.63	14.61	15.57	12.68
Non Performing Loans, 2 Yr. CAGR %	31.51	98.34	38.64	30.73	32.25
Non Performing Assets, 2 Yr. CAGR %	31.51	98.34	38.64	30.73	32.25
Total Assets, 2 Yr. CAGR %	12.38	19.1	16.97	5.61	3.42
Total Deposits, 2 Yr CAGR %	11.09	23.08	19.61	5.92	2.62
Tangible Book Value, 2 Yr. CAGR %	53.27	5.73	9.31	5.38	5.08
Common Equity, 2 Yr. CAGR %	32.74	2.93	5.38	4.56	5.89
Total Equity, 2 Yr. CAGR %	32.74	2.93	5.38	4.56	5.89
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	26.48	16.49	6.29	7.85	13.93
Non Interest Income, 3 Yr. CAGR %	28.5	26.81	11.36	18.7	14.21
Provision For Loan Losses, 3 Yr. CAGR %	8.74	-5.1	-23.39	40.68	100.64
Total Revenues, 3 Yr. CAGR %	27.93	21.85	10.43	12.5	11.77
Earnings From Cont. Operations, 3 Yr. CAGR %	13.76	24.15	11.38	12.3	-0.53
Net Income, 3 Yr. CAGR %	13.76	24.15	11.38	12.3	-0.53
Normalized Net Income, 3 Yr. CAGR %	24.36	21.43	16.89	10.43	10.29
Diluted EPS Before Extra, 3 Yr. CAGR %	-5.47	4.13	-0.61	12.46	-0.76
Dividend Per Share, 3 Yr. CAGR %	6.57	1.16	-1.64	-0.82	6.51
Gross Loans, 3 Yr. CAGR %	31.72	15.68	16.58	14.06	14.92
Allowance For Loan Losses, 3 Yr. CAGR %	27.34	27.46	14.07	20.89	27.52
Net Loans, 3 Yr. CAGR %	31.81	15.49	16.64	13.92	14.64
Non Performing Loans, 3 Yr. CAGR %	76.11	56.45	50.58	55.84	14.93
Non Performing Assets, 3 Yr. CAGR %	76.11	56.45	50.58	55.84	14.93
Total Assets, 3 Yr. CAGR %	31.57	16.01	16.22	11.28	5.81
Total Deposits, 3 Yr CAGR %	32.17	16.38	19.27	12.74	5.66
Tangible Book Value, 3 Yr. CAGR %	42.61	37.93	6.14	7.29	5.85
Common Equity, 3 Yr. CAGR %	28.89	23.16	3.53	4.93	5.62
Total Equity, 3 Yr. CAGR %	28.89	23.16	3.53	4.93	5.62
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	22.21	20.05	18.34	14.19	9.6
Non Interest Income, 5 Yr. CAGR %	24.78	36.75	22.11	23.63	13.7
Provision For Loan Losses, 5 Yr. CAGR %	18.52	7.78	14.32	26.31	12.1
Total Revenues, 5 Yr. CAGR %	23.48	27.3	20.28	18.48	11.52
Earnings From Cont. Operations, 5 Yr. CAGR %	11.56	38.32	16.89	10.5	8.58
Net Income, 5 Yr. CAGR %	11.56	38.32	16.89	10.5	8.58
Normalized Net Income, 5 Yr. CAGR %	17.96	29.57	20.34	16.79	12.62
Diluted EPS Before Extra, 5 Yr. CAGR %	-0.49	23.76	4.74	-0.59	1.25
Dividend Per Share, 5 Yr. CAGR %	5.99	11.97	2.98	0.47	3.47
Gross Loans, 5 Yr. CAGR %	26.37	24.18	24.61	15.72	15.15
Allowance For Loan Losses, 5 Yr. CAGR %	26.01	26.1	23.25	26.81	20.05
Net Loans, 5 Yr. CAGR %	26.37	24.14	24.64	15.52	15.04
Non Performing Loans, 5 Yr. CAGR %	210.48	75.12	60.04	45.61	42.96
Non Performing Assets, 5 Yr. CAGR %	210.48	75.12	60.04	45.61	42.96
Total Assets, 5 Yr. CAGR %	24.5	28.9	25.52	11.72	10.92
Total Deposits, 5 Yr CAGR %	25.67	30.64	26.99	12.08	12.31
Tangible Book Value, 5 Yr. CAGR %	22.29	27.19	28.22	23.75	5.72
Common Equity, 5 Yr. CAGR %	17.46	18.95	18.92	15.28	4.47
Total Equity, 5 Yr. CAGR %	17.46	18.95	18.92	15.28	4.47