DNSE Securities Join Stock Company

DNSE Securities Join Stock Company

HHOSE:DSE
19,550.00
VND
-150.00
(-0.76%)
9.61TMarket Cap
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,797.58
2,249.71
3,612.41
4,347.2
Basic EPS, GAAP
640.08
512.98
690.27
- -
Free Cash Flow per Basic Share
-2,172.85
-7,914.82
-11,851.63
-5,210.71
Dividend per Share
167.72
931.3
- -
600.91
Book Value per Share
9,239.43
11,264.5
11,584
12,706.28
Tangible Book Value per Share
9,092.52
11,153.62
11,517.03
12,666.58
Basic Weighted Avg Shares
358
354
395
399
Sales/Revenue/Turnover
643,071
797,170
1,426,233
1,734,945
Operating Margin (%)
76.66
52.81
52.61
- -
Depreciation Expense
16,249
25,939
35,414
- -
Net Income, GAAP
228,984
181,771
272,530
- -
Effective Tax Rate (%)
19.83
20.1
19.9
- -
Profit Margin (%)
35.61
22.8
19.11
- -
Working Capital
2,471,335
1,582,994
3,773,967
5,245,773
LT Debt
14,227
18,343
1,324,897
1,058,112
Total Equity
3,305,345
4,029,800
4,302,330
5,441,461
Return on Invested Capital (%)
- -
1.94
2.13
- -
Return on Capital (%)
- -
4.02
4.76
- -
Return on Common Equity (%)
- -
4.96
6.54
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9,321,821
8,696,434
8,474,740
LT Borrowings
1,297,853
1,298,212
998,863
LT Finance Leases
27,044
23,216
59,249
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
371
428
428
Market Capitalization
8,941,860
10,063,870
9,614,208

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
13,285,836
13,212,814
13,953,338
Cash, Cash Equivalents & STI
7,157,800
6,960,965
7,041,113
Accounts Receivable, Net
317,463
344,291
380,595
Inventories
69
44
67
Total Current Liabilities
9,511,869
8,879,094
8,707,565
Payables & Accruals
- -
- -
- -
ST Debt
9,321,821
8,696,434
8,474,740
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
6.76%
Free Cash Flow
- -
- -
66.84%
Net Income, GAAP
- -
- -
49.93%
Sales/Revenue/Turnover
- -
- -
78.91%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
177,811
194,004
193,095
232,260
797,170
2025
233,359
279,111
478,782
434,982
1,426,233
2026
379,732
441,449
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
196.08
95.49
124.04
92.49
512.98
2025
148.42
199.07
- -
24.97
690.27
2026
26.45
193.85
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
461.22
931.3
2025
- -
- -
- -
- -
- -
2026
560
- -
- -
- -
- -

Company Description

CEO
Linh Ngoc Nguyen
Full Time Employees
274
Sector
Finance
Industry
Investment banks/Brokers
Address
Hanoi Vietnam
IPO Date
Jul 1, 2024
Business
DNSE Securities Joint Stock Company is a Vietnam-based digital financial services and technology-driven securities brokerage firm. Founded in 2007 as Dai Nam Securities Joint Stock Company and headquartered in Hanoi, Vietnam, the company operates as a key member of the Encapital financial technology ecosystem and maintains branch operations in Ho Chi Minh City. The company delivers an integrated suite of electronic trading, margin financing, investment advisory, and corporate financial solutions for retail investors, high-frequency traders, and institutional clients across Vietnam. Its core products and services include equity, exchange-traded fund, and bond trading execution through its flagship Entrade X digital trading platform; dedicated derivatives contract trading via the Future X platform; transaction-based margin financing and real-time risk management solutions under the Margin Deal and Margin X systems, enabling investors to manage leverage and profit-and-loss on individual positions rather than aggregated portfolios; cash management and fixed-income wealth accumulation products, including Golden Egg; artificial intelligence-driven analytical tools and virtual financial assistants, featuring the ENSA AI chatbot and the Senses 24/7 market sentiment and equity evaluation platform; securities depository, settlement, and custody services; and investment banking services encompassing corporate finance advisory, debt and equity capital underwriting, and institutional consultancy. In recent major corporate developments, DNSE Securities completed its initial public offering in January 2024 and officially listed its shares on the Ho Chi Minh City Stock Exchange under the ticker symbol DSE on July 1, 2024. In early 2024, Finland-based investment fund PYN Elite Fund acquired a 12 percent strategic equity stake in the company. Furthermore, the firm has scaled its retail market presence through strategic distribution alliances, notably embedding its securities trading infrastructure into the ZaloPay e-wallet ecosystem to enable seamless in-app stock investing for millions of digital wallet users, while continuously advancing its zero-fee brokerage model and AI-assisted financial technologies.