Viet Dragon Securities Corp.

Viet Dragon Securities Corp.

HHOSE:VDS
10,400.00
VND
-100.00
(-0.95%)
3.75TMarket Cap
Viet Dragon Securities Corp.
HOSE:VDS
(Ho Chi Minh Stock Exchange)

Recent

price

10,400.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
VND
982.35
426.48
902.71
5,882.22
1,703.41
1,478.56
2,268.68
2,287.5
2,503.71
Revenue per Share
304.71
153.71
699.24
3,302.01
-501.32
1,418.02
1,216.41
1,053.83
- -
Basic EPS, GAAP
-905.72
161.16
338.88
-7,823.57
-1,640.17
-992.11
-2,306.57
-3,203.7
- -
Free Cash Flow per Basic Share
3.4
296.13
154.01
235.16
0.15
- -
- -
- -
- -
Dividend per Share
4,928.63
4,638.23
5,170.95
6,294.31
7,993.29
9,233.46
10,322.19
11,145.53
10,874.88
Book Value per Share
4,917.61
4,607.37
5,147.55
6,229.98
7,929.85
9,124.76
10,235.7
11,070.1
10,811
Tangible Book Value per Share
225
225
215
129
217
231
238
269
271
Basic Weighted Avg Shares
221,419
96,128
193,779
758,282
368,845
341,547
540,428
614,570
678,923
Sales/Revenue/Turnover
-16.19
-69.91
50.66
53.35
-73.26
83.44
42.94
36.06
- -
Operating Margin (%)
6,556
6,215
6,428
8,165
12,354
15,684
21,580
24,662
- -
Depreciation Expense
68,681
34,645
150,102
425,665
-108,552
327,563
289,765
283,126
- -
Net Income, GAAP
19.32
18.49
22.09
20.09
- -
20.07
18.12
18.63
- -
Effective Tax Rate (%)
31.02
36.04
77.46
56.14
-29.43
95.91
53.62
46.07
- -
Profit Margin (%)
1,059,891
992,452
1,124,432
1,597,296
1,986,088
2,103,430
2,542,100
1,927,323
1,748,902
Working Capital
- -
- -
- -
47,300
133,300
45,400
- -
- -
- -
LT Debt
1,110,899
1,045,444
1,165,517
1,645,863
2,082,911
2,418,260
2,807,611
3,099,130
3,014,475
Total Equity
- -
1.73
6.57
13.34
- -
7
5.05
3.94
- -
Return on Invested Capital (%)
- -
5.68
9.89
17.69
- -
10.43
9.02
7.4
- -
Return on Capital (%)
- -
3.21
13.58
30.55
-5.9
14.77
11.28
9.78
- -
Return on Common Equity (%)

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4,878,070
4,761,050
4,775,800
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
272
272
272
Market Capitalization
4,596,800
3,957,600
3,753,600

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,925,803
6,417,238
6,637,898
Cash, Cash Equivalents & STI
2,846,360
2,543,811
2,317,891
Accounts Receivable, Net
73,136
12,689
23,003
Inventories
- -
- -
- -
Total Current Liabilities
4,998,480
4,831,646
4,888,996
Payables & Accruals
- -
- -
- -
ST Debt
4,878,070
4,761,050
4,775,800
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
22.07%
10.38%
Free Cash Flow
- -
-278.05%
56.65%
Net Income, GAAP
- -
-71.5%
-2.29%
Sales/Revenue/Turnover
- -
60.9%
13.72%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
164,462
156,522
115,334
104,884
540,428
2025
54,358
125,797
153,829
246,416
614,570
2026
122,566
156,111
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
468.74
512
331
-128
1,216.41
2025
78.56
-37
- -
51.45
1,053.83
2026
-104.88
134.25
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Viet Dragon Securities Corporation is a Vietnam-based financial services provider primarily engaged in securities brokerage, investment banking, proprietary trading, and wealth management services. The company operates through four main business segments: Securities Brokerage, Investment Banking, Proprietary Trading, and Financial Services. Its core product and service offerings comprise equity, bond, and fund certificate brokerage for domestic and international institutional and retail investors; derivatives trading and clearing services; margin lending and cash advance facilities; securities depository, custody, and shareholder registry administration; corporate finance advisory, including initial public offering (IPO) structuring, equitization, underwriting, corporate debt issuance, corporate restructuring, and mergers and acquisitions (M&A) advisory; principal investment across listed equities, fixed-income instruments, and money market assets; and comprehensive equity, industry, and macroeconomic research. The company delivers its digital trading and advisory solutions through proprietary platforms, including the iDragon trading system, smartDragon artificial intelligence-assisted investment platform, and eduDragon investor training ecosystem. Headquartered in Ho Chi Minh City, Vietnam, and founded in 2006, Viet Dragon Securities operates a nationwide branch network spanning Hanoi, Da Nang, Can Tho, Nha Trang, and Vung Tau. In recent operational developments, the company has executed charter capital expansions to increase margin financing capabilities and underwriting scale, upgraded its core information technology infrastructure in preparation for next-generation national market trading systems, and expanded strategic collaborations with commercial banks, fintech platforms, and educational institutions to accelerate digital client acquisition and asset management services.