VPS Securities JSC (HOSE:VCK)
Vietnam flag Vietnam · Delayed Price · Currency is VND
26,800
+200 (0.75%)
At close: Oct 13, 2026

VPS Securities JSC Financials Overview

Millions VND. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2021FY 2020
Period EndingJun '26 Dec '25 Dec '24 Jan '24 Dec '21 Dec '20
Revenue
8,921,2357,275,6915,890,0745,542,1618,819,9203,484,460
Revenue Growth
59.59%23.52%6.28%-37.16%153.12%756.13%
Operating Income
4,793,1313,518,1392,632,8072,562,4485,795,4952,500,400
Net Income
4,480,3623,578,6632,518,762515,520795,957502,596
Earnings Per Share
1963.501713.611650.091016.25872.75-
EPS Growth
53.97%3.85%62.37%16.44%--

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024
Period EndingJun '26 Dec '25 Dec '24
Investment Banking and Other Divisions
265,157252,336549,244
Brokerage and Client Services
8,440,5967,292,2955,580,259
Proprietary Trading and Equity Trading
2,207,8791,781,133957,297
Total
10,913,6319,325,7647,086,799

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2021FY 2020
Period EndingJun '26 Dec '25 Dec '24 Jan '24 Dec '21 Dec '20
Cash & Investments
9,823,41415,975,5119,811,0688,383,29110,771,2838,589,689
Total Debt
15,639,21117,924,26418,328,64512,830,91115,222,1146,978,264
Net Cash (Debt)
-5,815,797-1,948,754-8,517,577-4,447,621-4,450,8311,611,425
Net Cash Growth
------
Net Cash Per Share
-2548.74-933.14-5580.03-8768.81-4880.25-

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2021FY 2020
Period EndingJun '26 Dec '25 Dec '24 Jan '24 Dec '21 Dec '20
Operating Cash Flow
-12,658,235-6,386,815-6,220,354-8,064,936-6,457,365492,959
Capital Expenditures
-167,212-177,676-175,613-181,184-163,856-139,709
Free Cash Flow
-12,825,447-6,564,491-6,395,967-8,246,119-6,621,221353,250
Free Cash Flow Growth
------9.71%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2021FY 2020
Period EndingJun '26 Dec '25 Dec '24 Jan '24 Dec '21 Dec '20
Operating Margin
53.73%48.35%44.70%46.24%65.71%71.76%
Pretax Margin
62.76%61.46%53.54%15.04%11.28%17.92%
Profit Margin
50.22%49.19%42.76%9.30%9.03%14.42%
FCF Margin
-143.76%-90.22%-108.59%-148.79%-75.07%10.14%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2021FY 2020
Period EndingOct '26 Dec '25 Dec '24 Jan '24 Dec '21 Dec '20
PE Ratio
13.6521.31----
PS Ratio
7.3110.48----