VPS Securities JSC (HOSE:VCK)
Vietnam flag Vietnam · Delayed Price · Currency is VND
27,200
+200 (0.74%)
At close: Nov 3, 2026

VPS 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 Jan '24 Jan '23 Jan '22
Revenue
8,336,3117,275,6915,890,0745,542,1617,879,7828,472,603
Revenue Growth
27.12%23.52%6.28%-29.67%-7.00%143.15%
Operating Income
4,873,8683,518,1392,632,8072,562,4484,613,3205,571,628
Net Income
4,247,3873,578,6632,518,762515,520654,522645,317
Earnings Per Share
1785.701713.611650.091016.251290.443891.87
EPS Growth
37.16%3.85%62.37%-21.25%-66.84%-

Revenue by Segment

Fiscal Year
FY 2025FY 2024
Period EndingDec '25 Dec '24
Brokerage and Client Services
7,292,2955,580,259
Proprietary Trading and Equity Trading
1,781,133957,297
Investment Banking and Other Divisions
252,336549,244
Total
9,325,7647,086,799

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Jan '24 Jan '23 Jan '22
Cash & Investments
11,955,87715,975,5119,811,0688,383,29112,946,64310,771,819
Total Debt
15,708,02717,924,26418,328,64512,830,91110,840,60315,222,114
Net Cash (Debt)
-3,752,150-1,948,754-8,517,577-4,447,6212,106,040-4,450,295
Net Cash Growth
------
Net Cash Per Share
-1577.49-933.14-5580.03-8768.814152.21-26839.97

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Jan '24 Jan '23 Jan '22
Operating Cash Flow
-9,267,955-6,386,815-6,220,354-8,064,9367,180,181-6,457,365
Capital Expenditures
-258,756-177,676-175,613-181,184-200,056-163,856
Free Cash Flow
-9,526,711-6,564,491-6,395,967-8,246,1196,980,125-6,621,220
Free Cash Flow Growth
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Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Jan '24 Jan '23 Jan '22
Operating Margin
58.47%48.35%44.70%46.24%58.55%65.76%
Pretax Margin
63.86%61.46%53.54%15.04%12.84%11.76%
Profit Margin
50.95%49.19%42.76%9.30%8.31%7.62%
FCF Margin
-114.28%-90.22%-108.59%-148.79%88.58%-78.15%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Jan '24 Jan '23 Jan '22
PE Ratio
15.2321.31----
PS Ratio
7.9410.48----