Chailease Holding Company (5871) Q3 2024 earnings summary

Executive summary

• Consolidated financial statements for the nine months ended September 30, 2024, reviewed by independent auditors, present a fair view in all material respects in accordance with applicable regulations and standards.

• The group operates primarily in leasing and financing services, with a broad international presence and diversified subsidiaries.

Financial highlights

• Operating revenue for the nine months ended September 30, 2024, was NT$76,976,709 thousand, up from NT$72,461,883 thousand year-over-year.

• Net income attributable to owners for the nine months was NT$18,403,638 thousand, compared to NT$19,296,234 thousand in the prior year.

• Basic earnings per share for the nine months was NT$10.83, slightly down from NT$11.37 year-over-year.

• Total assets as of September 30, 2024, were NT$985,978,333 thousand, up from NT$932,011,833 thousand a year earlier.

• Cash and cash equivalents increased to NT$40,690,716 thousand from NT$32,006,173 thousand year-over-year.

Outlook and guidance

• The group continues to expand its capital base, with a new cash capital increase of 31,000 thousand shares at NT$125 per share, completed after the reporting period.

• Management expects to comply with all financial covenants and maintain robust capital management practices.