Vietcap Securities Joint Stock Company

Vietcap Securities Joint Stock Company

HHOSE:VCI
19,500.00
VND
-200.00
(-1.02%)
27.94TMarket Cap
Mar 03Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,092.62
1,601.46
1,882.6
1,429.31
1,751.51
3,402.76
2,592.41
1,994.42
2,811.07
3,021.47
2,229.71
Basic EPS, GAAP
524
957.47
1,110.4
929.25
1,022.96
1,976.92
1,139.05
642.03
1,140.54
1,373.48
- -
Free Cash Flow per Basic Share
-143.25
-2,928.28
1,049.71
-469.16
-778.76
-4,955.03
4,875.52
-5,695.13
-4,277.33
-9,058.26
- -
Dividend per Share
123.98
90.93
161.65
305.59
547.64
963.09
- -
681.47
222.68
183.69
577.85
Book Value per Share
1,887.9
4,084.78
4,898
5,402.65
5,983.71
8,610.67
8,498.56
9,600.3
13,352.43
15,693.05
14,933.27
Tangible Book Value per Share
1,884.47
4,066.17
4,886.54
5,396.09
5,975.31
8,606.47
8,497.2
9,590.27
13,345.55
15,688.86
14,929.51
Basic Weighted Avg Shares
636
684
741
746
752
758
763
766
798
977
1,103
Sales/Revenue/Turnover
694,598
1,095,713
1,394,696
1,066,205
1,316,539
2,579,655
1,977,733
1,528,069
2,244,575
2,952,119
2,459,555
Operating Margin (%)
55.36
64.11
59.76
67.31
71.96
74.53
64.64
54.96
61.8
66.07
- -
Depreciation Expense
8,178
9,774
11,578
11,729
10,635
7,497
9,647
9,680
10,751
14,427
- -
Net Income, GAAP
333,113
655,096
822,622
693,181
768,912
1,498,718
868,978
491,905
910,692
1,341,955
- -
Effective Tax Rate (%)
19.04
18.42
18.67
18.93
19.15
19.01
18
13.72
16.4
17.63
- -
Profit Margin (%)
47.96
59.79
58.98
65.01
58.4
58.1
43.94
32.19
40.57
45.46
- -
Working Capital
1,087,366
3,102,570
3,677,178
4,084,007
4,578,314
6,953,484
6,670,228
7,708,677
13,453,365
18,543,799
16,213,156
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
1,200,173
3,019,395
3,642,978
4,051,606
4,521,487
6,541,863
6,495,468
7,371,230
12,944,305
18,009,897
17,137,895
Return on Invested Capital (%)
- -
16.68
11.87
9.21
10.48
13.54
7.37
4.78
4.32
4.44
- -
Return on Capital (%)
- -
20.94
18.13
13.18
12.57
15.53
8.93
6.55
7.38
6.72
- -
Return on Common Equity (%)
- -
31.05
24.69
18.02
17.94
27.09
13.33
7.09
8.97
8.67
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
16,064,550
18,243,521
21,703,628
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,148
1,148
1,148
Market Capitalization
30,008,530
30,641,855
27,944,837

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
35,868,915
35,816,716
38,442,955
Cash, Cash Equivalents & STI
19,171,351
18,100,193
20,459,216
Accounts Receivable, Net
260,104
416,207
479,787
Inventories
112
117
73
Total Current Liabilities
17,325,115
19,302,558
22,229,800
Payables & Accruals
- -
- -
- -
ST Debt
16,064,550
18,243,521
21,703,628
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
34.44%
39.13%
Free Cash Flow
- -
52.56%
159.13%
Net Income, GAAP
- -
28.4%
47.36%
Sales/Revenue/Turnover
- -
25.66%
31.52%
Total Cash Common Dividend
- -
- -
0.94%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
454,932
501,966
508,120
382,553
2,244,575
2025
491,743
264,045
723,279
784,391
2,952,119
2026
507,216
444,669
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
257.56
363.64
277.68
225.26
1,140.54
2025
304.16
189.7
- -
385.95
1,373.48
2026
296.9
218.35
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
227.84
- -
222.68
2025
185.13
- -
- -
- -
183.69
2026
370.28
185.14
- -
- -
- -

Company Description

CEO
Hai To
Full Time Employees
442
Sector
Finance
Industry
Investment banks/Brokers
Address
Ho Chi Minh City Vietnam
IPO Date
Jul 7, 2017
Business
Vietcap Securities Joint Stock Company is a Vietnam-based financial services institution primarily engaged in investment banking, securities brokerage, proprietary trading, and wealth management services. Founded in 2007 and headquartered in Ho Chi Minh City, Vietnam, the company provides comprehensive financial solutions to retail investors, high-net-worth individuals, and domestic and international corporate and institutional clients. The company organizes its operations across four principal business segments: Brokerage and Customer Services, Investment Banking, Proprietary Trading, and Treasury and Custody Services. Vietcap offers a comprehensive suite of financial products and services, including: equity, fixed-income, and derivatives brokerage execution; margin lending and investment financing facilities; investment banking advisory covering initial public offerings (IPOs), mergers and acquisitions (M&A), equity and debt underwriting, corporate restructuring, and divestment consulting; proprietary trading and market making across listed equities, bonds, and structured financial instruments; private wealth management and bespoke portfolio advisory; securities custody, depository, registration, and clearing agency services; and institutional equity research, macroeconomic reporting, and financial analytics. The firm delivers its trading capabilities through integrated digital platforms, including the Vietcap Mobile application, Vietcap Web Trading, the Vietcap Pro execution terminal, and the Vietcap IQ data and market analytics suite. Vietcap maintains an extensive domestic presence with its headquarters and transaction offices in Ho Chi Minh City and branch offices in Hanoi, serving clients throughout Vietnam and across global capital markets in Asia, Europe, and North America. The firm trades publicly on the Ho Chi Minh City Stock Exchange under the ticker symbol VCI. In recent corporate developments, the firm executed an official corporate rebranding, transitioning from Viet Capital Securities Joint Stock Company to Vietcap Securities Joint Stock Company to reflect its modernized corporate identity and accelerated digital transformation strategy. To support the rapid expansion of its margin financing business and core investment banking pipeline, the company completed substantial capital increases through private equity placements to domestic and international institutional investors, alongside securing multiple large-scale offshore unsecured syndicated loan facilities arranged by regional banking consortiums. Furthermore, Vietcap has advanced its international growth strategy through the establishment of its overseas subsidiary, Vietcap Singapore Pte. Ltd., dedicated to enhancing cross-border capital intermediation, proprietary trading, and institutional investor access to Vietnamese capital markets.