Thien Viet Securities JSC (HOSE:TVS)
Vietnam flag Vietnam · Delayed Price · Currency is VND
12,000
-400 (-3.23%)
At close: Nov 3, 2026

Thien Viet Securities JSC Financials Overview

Millions VND. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
646,324772,677941,4251,100,851833,817935,136
Revenue Growth
-23.82%-17.93%-14.48%32.02%-10.84%80.86%
Operating Income
508,904631,924586,286973,855709,520794,905
Net Income
15,992286,414266,805238,71743,651516,929
Earnings Per Share
68.171401.871334.281196.60223.022642.31
EPS Growth
-96.42%5.07%11.51%436.53%-91.56%110.45%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22
Financial Advisory
10,06116,46211,0699,94754,526
Fund Management
113,74490,41234,67617,803314,668
Brokerage and Customer Services
61,70560,38153,04339,34464,111
Fixed Income
177,922193,966201,524199,053-
Proprietary Trading
656,670634,099528,691495,068315,543
Finsight
--312,022572,955-
Total
1,020,101995,3191,141,0251,334,1711,027,299

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,250,2732,248,0201,316,6361,514,5981,928,6301,990,872
Total Debt
4,233,5504,509,8724,652,0984,398,9163,093,3843,310,364
Net Cash (Debt)
-2,983,277-2,261,852-3,335,462-2,884,317-1,164,755-1,319,492
Net Cash Growth
------
Net Cash Per Share
-12784.44-11071.55-16680.53-14460.05-5953.80-6744.66

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
51,124649,906-439,743-1,315,456168,349-523,481
Capital Expenditures
-4,251-5,536-12,566-4,705-5,002-10,215
Free Cash Flow
46,873644,370-452,309-1,320,161163,347-533,696
Free Cash Flow Growth
------

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
78.74%81.78%62.28%88.46%85.09%85.00%
Pretax Margin
8.95%45.70%36.52%28.42%6.29%68.87%
Profit Margin
2.47%37.07%28.34%21.68%5.24%55.28%
FCF Margin
7.25%83.39%-48.05%-119.92%19.59%-57.07%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
176.0311.5812.3313.3861.3212.53
P/FCF Ratio
62.635.15--16.39-
PS Ratio
4.544.293.492.903.216.93