Page 72 - Profile's Stock Exchange Handbook - 2025 Issue 3

JSE - AEC Profile’s Stock Exchange Handbook: 2025 - Issue 3

AECI Ltd. Afine Investments Ltd.
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%P CODE: AFEP Board, which will be a REIT once listed on the JSE, and holds a portfolio
REG NO: 1924/002590/06 of income generating immovable properties focused primarily in the
FOUNDED: 1924 LISTED: 1966 petroleum sector, strategically located in four of South Africa’s nine
NATURE OF BUSINESS: AECI provides products and services to provinces.
diverse customers across a strategic footprint in 22 countries on 6 SECTOR: RealEstate--RealEstate--REITS--Specialty
continents – Africa, Europe, Asia’s South Eastern region, Australia, NUMBER OF EMPLOYEES: 0
North America and South America. DIRECTORS: du Preez G (ne), Kohler D (ld ind ne), Loubser J T (Acting CEO),
SECTOR: Basic Materials--Chemicals--Chemicals--Chemicals:Diversified 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 F F T Black Gold Trust 8.21%
(ind ne), Dissinger W (ind ne), Mawasha B (ind ne), Mishic O’Brien P Petroland Group (Pty) Ltd. 6.22%
(ind ne), Moholi N T (ind ne), Ndlovu J (ind ne), Roets M (ind ne), Sibiya Terra Optimus (Pty) Ltd. 5.56%
P G (Chairman, ind ne), Riemensperger H (Group CE), Kramer I (CFO) POSTAL ADDRESS: Unit 4602, Greenways, Strand, 7140
MAJOR ORDINARY SHAREHOLDERS as at 24 Jun 2025 MORE INFO: www.sharedata.co.za/sdo/jse/ANI
Public Investment Company SOC Ltd. 20.65% COMPANY SECRETARY: Sonmari Vosloo
Ninety One SA (Pty) Ltd. 9.48% TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
PSG Asset Management 8.87% SPONSOR: AcaciaCap Advisors (Pty) Ltd.
POSTAL ADDRESS: Private Bag X21, Gallo Manor, 2052 AUDITORS: PKF (Pretoria) Inc.
EMAIL: groupcommunications@aeciworld.com
WEBSITE: www.aeciworld.com CAPITAL STRUCTURE Authorised Issued
TELEPHONE: 011-806-8700 ANI Ords no par value 1 000 000 000 72 536 585
COMPANY SECRETARY: Cheryl Singh DISTRIBUTIONS [ZARc]
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. Ords no par value Ldt Pay Amt
SPONSOR: Questco (Pty) Ltd. Final No 7 17 Jun 25 23 Jun 25 22.30
AUDITORS: Deloitte & Touche Inc. Interim No 6 3 Dec 24 9 Dec 24 20.50
CAPITAL STRUCTURE Authorised Issued LIQUIDITY: Jul25 Avg 16 769 shares p.w., R80 270.1(1.2% p.a.)
AFE Ords 100c ea 180 000 000 105 517 780
AFEP Prefs 200c ea 3 000 000 3 000 000 AFINE 40 Week MA REIV
900
DISTRIBUTIONS [ZARc] 800
Ords 100c ea Ldt Pay Amt
Final No 181 8 Apr 25 14 Apr 25 219.00 700
Final No 180 2 Apr 24 8 Apr 24 119.00 600
LIQUIDITY: Jun25 Avg 2m shares p.w., R164.5m(83.6% p.a.) 500
400
AECI 40 Week MA CHES
25000 300
20000 2022 2023 2024 2025 200
15000
FINANCIAL STATISTICS
Feb 25 Feb 24 Feb 23 Feb 22
10000 (R ‘000)
Final Final Final Final
5000 NetRent/InvInc 42 328 38 982 37 714 28 375
Total Inc 42 336 39 086 37 905 28 657
0 Attrib Inc 69 773 68 694 32 045 239 398
2021 2022 2023 2024 2025
TotCompIncLoss 69 773 53 780 32 045 239 398
Ord UntHs Int 334 359 294 327 262 658 227 404
FINANCIAL STATISTICS FixedAss/Prop 410 983 371 763 337 296 281 517
(R million) Dec 24 Dec 23 Dec 22 Dec 21 Dec 20 Tot Curr Ass 8 767 10 328 10 442 7 969
Final Final(rst) Final Final Final Total Ass 444 867 408 194 374 089 309 660
Turnover 33 598 34 942 35 583 26 053 24 111 Tot Curr Liab 6 041 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) 42.12 37.62 38.79 46.23
Tax 747 872 803 642 503 DPLU (ZARc) 41.00 41.10 39.90 27.80
Minority Int 24 2 26 20 23 NAV (ZARc) 461.00 406.00 362.10 355.32
Att Inc - 283 1 174 927 1 187 133
TotCompIncLoss - 188 1 273 1 020 1 539 392 3 Yr Beta 0.28 - - -
Hline Erngs-CO 755 1 200 1 358 1 178 928 Price Prd End 386 500 460 435
Fixed Ass 6 143 6 933 6 218 5 882 5 896 Price High 500 500 65 000 435
Inv in Assoc 141 150 133 122 125 Price Low 380 300 375 370
Inv & Loans 233 169 354 372 176 RATIOS
Def Tax Asset 194 189 106 215 173 RetOnSH Funds 20.87 23.34 12.20 105.27
Tot Curr Ass 16 067 16 180 17 292 13 201 12 921 RetOnTotAss 9.52 9.58 10.13 9.25
Ord SH Int 11 901 12 244 11 635 11 417 10 641 Debt:Equity 0.32 0.38 0.41 0.35
Minority Int 163 161 181 166 168 OperRetOnInv 10.30 10.49 11.18 10.08
LT Liab 6 028 6 485 2 250 4 712 5 037 OpInc:Turnover 88.05 87.06 87.12 84.46
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 This publication is also
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 available online
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 Visit www.profile.co.za/SHB
Current Ratio 1.83 1.79 1.20 1.68 1.66 or scan the QR code to read the ebook
Div Cover - 1.22 5.08 1.13 1.64 0.22
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