Page 74 - Profile's Stock Exchange Handbook - 2025 Issue 2

JSE – AEC Profile’s Stock Exchange Handbook: 2025 – Issue 2
AECI Ltd. Afine Investments Ltd.
AEC AFI
ISIN: ZAE000000220 ISIN: ZAE000303947 SHORT: AFINE CODE: ANI
SHORT: AECI CODE: AFE REG NO: 2020/852422/06 FOUNDED: 2020 LISTED: 2021
ISIN: ZAE000000238 NATURE OF BUSINESS: The Company is a property entity, managed by its
SHORT: AECI 5.5%PCODE: AFEP Board, which will be a REIT once listed on the JSE, and holds a portfolio of
REG NO: 1924/002590/06 income generating immovable properties focused primarily in the petroleum
FOUNDED: 1924 LISTED: 1966 sector, strategically located in four of South Africa’s nine provinces.
NATURE OF BUSINESS: AECI SECTOR: AltX
provides products and services to diverse customers across a strategic NUMBER OF EMPLOYEES: 0
footprint in 22 countries on 6 continents — Africa, Europe, Asia’s South
Eastern region, Australia, North America and South America. DIRECTORS: du Preez G (ne), Kohler D (ld ind ne), Loubser J T (Acting
SECTOR: Basic Materials—Chemicals—Chemicals—Chemicals:Diversified CEO), Watters M J (Chair, ind ne), Loubser J T (CFO)
NUMBER OF EMPLOYEES: 7 189 MAJOR ORDINARY SHAREHOLDERS as at 27 Feb 2025
DIRECTORS: Coetzer S (ind ne), Dawson S (ind ne), De Buck FFT(ind ne), Black Gold Trust 8.21%
Dissinger W (ind ne), Mawasha B (ind ne), Mishic O’Brien P (ind ne), Petroland Group (Pty) Ltd. 6.22%
Terra Optimus (Pty) Ltd.
5.56%
Moholi N T (ind ne), Ndlovu J (ind ne), Roets M (ind ne), Sibiya P G (ind ne),
Mokhele Dr KDK(Chair, ind ne), Riemensperger H (Group CE), POSTAL ADDRESS: Unit 4602, Greenways, Strand, 7140
Kramer I (Acting CFO) MORE INFO: www.sharedata.co.za/sdo/jse/ANI
MAJOR ORDINARY SHAREHOLDERS as at 04 Mar 2025 COMPANY SECRETARY: Sonmari Vosloo
Public Investment Company SOC Ltd. 23.01% TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
PSG Asset Management 9.64% DESIGNATED ADVISOR: AcaciaCap Advisors (Pty) Ltd.
Ninety One SA (Pty) Ltd. 9.18% AUDITORS: PKF (Pretoria) Inc.
POSTAL ADDRESS: Private Bag X21, Gallo Manor, 2052
EMAIL: groupcommunications@aeciworld.com CAPITAL STRUCTURE AUTHORISED ISSUED
WEBSITE: www.aeciworld.com ANI Ords no par value 1 000 000 000 72 536 585
TELEPHONE: 011-806-8700 DISTRIBUTIONS [ZARc]
COMPANY SECRETARY: Cheryl Singh Ords no par value Ldt Pay Amt
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. Interim No 6 3 Dec 24 9 Dec 24 20.50
SPONSOR: Questco (Pty) Ltd. Final No 5 18 Jun 24 24 Jun 24 20.50
AUDITORS: Deloitte & Touche Inc.
LIQUIDITY: Apr25 Avg 16 978 shares p.w., R81 213.3(1.2% p.a.)
CAPITAL STRUCTURE AUTHORISED ISSUED
AFE Ords 100c ea 180 000 000 105 517 780 REIV 40 Week MA AFINE
AFEP Prefs 200c ea 3 000 000 3 000 000 881
DISTRIBUTIONS [ZARc] 762
Ords 100c ea Ldt Pay Amt
Final No 181 8 Apr 25 14 Apr 25 219.00 642
Final No 180 2 Apr 24 8 Apr 24 119.00
523
LIQUIDITY: Mar25 Avg 2m shares p.w., R157.7m(80.8% p.a.)
403
CHES 40 Week MA AECI
14742 284
2022 | 2023 | 2024 |
12130 FINANCIAL STATISTICS
(Amts in ZAR’000) Aug 24 Feb 24 Feb 23 Feb 22
9518
Interim Final Final Final
NetRent/InvInc 20 633 38 982 37 714 28 375
6906
Total Inc 20 638 39 086 37 905 28 657
4294 Attrib Inc 15 990 68 694 32 045 239 398
TotCompIncLoss 15 990 53 780 32 045 239 398
1682
2020 | 2021 | 2022 | 2023 | 2024 | Ord UntHs Int 295 447 294 327 262 658 227 404
FINANCIAL STATISTICS FixedAss/Prop 373 056 371 763 337 296 281 517
(R million) Dec 24 Dec 23 Dec 22 Dec 21 Dec 20 Tot Curr Ass 13 047 10 328 10 442 7 969
Final Final(rst) Final Final Final Total Ass 410 912 408 194 374 089 309 660
Turnover 33 598 34 942 35 583 26 053 24 111 Tot Curr Liab 13 365 18 686 17 172 13 315
Op Inc 1 544 2 444 2 047 2 052 917 PER SHARE STATISTICS (cents per share)
NetIntPd(Rcvd) 521 504 314 207 278 HEPLU-C (ZARc) 20.26 37.62 38.79 46.23
Tax 747 872 803 642 503 DPLU (ZARc) 20.50 41.10 39.90 27.80
Minority Int 24 2 26 20 23 NAV (ZARc) 407.00 406.00 362.10 355.32
Att Inc - 283 1 174 927 1 187 133
TotCompIncLoss - 188 1 273 1 020 1 539 392 Price Prd End 450 500 460 435
Hline Erngs-CO 755 1 200 1 358 1 178 928 Price High 500 500 65 000 435
Fixed Ass 6 143 6 933 6 218 5 882 5 896 Price Low 380 300 375 370
Inv in Assoc 141 150 133 122 125 RATIOS
Inv & Loans 233 169 354 372 176 RetOnSH Funds 10.82 23.34 12.20 105.27
Def Tax Asset 194 189 106 215 173 RetOnTotAss 10.04 9.58 10.13 9.25
Tot Curr Ass 16 067 16 180 17 292 13 201 12 921 Debt:Equity 0.38 0.38 0.41 0.35
Ord SH Int 11 901 12 244 11 635 11 417 10 641 OperRetOnInv 11.06 10.49 11.18 10.08
Minority Int 163 161 181 166 168 OpInc:Turnover 91.18 87.06 87.12 84.46
LT Liab 6 028 6 485 2 250 4 712 5 037
Tot Curr Liab 8 776 9 046 14 354 7 877 7 789
PER SHARE STATISTICS (cents per share)
EPS (ZARc) - 268.00 1 112.00 878.00 1 125.00 127.00
HEPS-C (ZARc) 716.00 1 137.00 1 287.00 1 116.00 880.00
DPS (ZARc) 219.00 219.00 774.00 685.00 570.00
NAV PS (ZARc) 11 278.67 11 603.73 11 027.00 10 384.00 9 679.00
3 Yr Beta 0.12 0.09 0.76 0.80 0.75
RATIOS
Ret on SH Fnd - 2.15 9.48 8.06 10.42 1.44
Ret On Tot Ass 4.16 8.00 6.98 8.87 3.28
Oper Pft Mgn 4.60 6.99 5.75 7.88 3.80
D:E 0.57 0.59 0.72 0.51 0.65
Int Cover 2.96 4.85 6.52 9.91 3.29
Current Ratio 1.83 1.79 1.20 1.68 1.66
Div Cover - 1.22 5.08 1.13 1.64 0.22
72