VPBank Securities JSC (HOSE:VPX)

Vietnam · Delayed Price · Currency is VND

22,250

-100 (-0.45%)

At close: Nov 3, 2026

VPBank Securities JSC Financials Overview

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	10,155,804	6,408,370	2,083,072	1,741,299	756,733	10,940
Revenue Growth	102.14%	207.64%	19.63%	130.11%	6817.00%	964.03%
Operating Income	8,949,168	5,328,227	1,569,132	1,377,220	573,618	9,054
Net Income	3,793,612	3,569,118	975,680	1,003,760	433,673	6,075
Earnings Per Share	2071.44	2302.15	650.45	669.17	680.00	518.00
EPS Growth	6.51%	253.93%	-2.80%	-1.59%	31.27%	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	29,645,872	34,232,128	14,850,668	13,091,598	12,341,469	257,734
Total Debt	46,355,775	37,342,074	9,134,652	5,929,310	419,732	-
Net Cash (Debt)	-16,709,903	-3,109,946	5,716,016	7,162,288	11,921,737	257,734
Net Cash Growth	-	-	-20.19%	-39.92%	4525.60%	924.11%
Net Cash Per Share	-9124.19	-2005.97	3810.68	4774.86	18693.40	21975.78

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-23,820,995	-35,041,718	-2,686,294	-8,816,230	-10,102,924	-164,982
Capital Expenditures	-23,270	-15,774	-6,231	-6,823	-15,429	-13,623
Free Cash Flow	-23,844,265	-35,057,492	-2,692,525	-8,823,053	-10,118,353	-178,605
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Margin	88.12%	83.14%	75.33%	79.09%	75.80%	82.76%
Pretax Margin	46.59%	69.84%	58.55%	72.06%	71.64%	61.22%
Profit Margin	37.35%	55.69%	46.84%	57.64%	57.31%	55.53%
FCF Margin	-234.79%	-547.06%	-129.26%	-506.69%	-1337.11%	-1632.56%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	10.74	15.66	-	-	-	-
PS Ratio	4.10	8.72	-	-	-	-