Ho Chi Minh City Securities Corp. · HOSE:HCM
Ho Chi Minh City Securities — Q1 2025 Earnings Presentation
8 slides from Ho Chi Minh City Securities's earnings presentation, Apr 21, 2025
Slide 1: Q1.2025 Earnings Call
hse HO CHI MINH CITY SECURITIES COMPANY Q1.2025 EARNINGS CALL
Slide 2: Highlights
Highlights The VN Index closed Q1.2025 at 1,307, a 2% YoY growth. 1 Average daily market trading value dropped to VND18 trillion, down 24% YoY. 2 In Q1 2025, HSC achieved revenue of VND863 billion, up 19% YoY. Profit before tax reached VND283 billion, down 18% YoY. 3 HSC’s market share grew by 0.7 p
Slide 3: Summary
Summary VND863 billion VND283 billion 6.6% 1 Revenue Profit before tax Brokerage market share 19% YoY 18% YoY 0.7% points YoY 22
Slide 4: Business Results
Business Results Business Results Q1.2024 Q1.2025 +/-% FY2025 Plan % completed (VND bn) Total revenue (*) 722 863 19% 4,438 19% Operating expenses (*) 377 580 54% 2,836 20% Profit before tax 346 283 -18% 1,602 18% Total assets 20,409 30,462 49% 39,004 78% Shareholders' equity 8,589 10,311 20% 14,335
Slide 5: Revenue Structure | Q1.2025
Revenue Structure| Q1.2025 Securities Brokerage Margin Lending 23% 54% 523 7% 339 19% 13% 215 164 VND863 billion 19% YoY Q1.2024 Q1.2025 Q1.2024 Q1.2025 Prop. Investment Corporate Finance 60% 31% 5631% Securities Brokerage Margin Lending 161 Proprietary Investments Corporate Finance 111 59 1 Q1.2024
Slide 6: Expenses Structure | Q1.2025
Expenses Structure| Q1.2025 Variable expenses Fixed expenses 207 401 170 179 4 Other fixed expenses 13% 303 24% Depreciation expense 4 6% Other variable expenses 18 16 Office related expenses 13% 103 8 6 Interest expenses 194% 18 21 24 IT expenses 5% 25 14 Incentives 18% 25 45 37 Accrued bonus 43% 7
Slide 7: Financial Position as of 31/03/2025
Financial Position as of 31/03/2025 Assets Liabilities & Equity 31,340 30,462 31,340 30,462 398 258 558 826 10,444 10,311 Other assets 35% 20,429 466 617 20,390 Other receivables 48% Loans 0.2% Owners equity 1% Bonds 0% 20,430 19,535 5,000 18% Other current payables 32% 5,000 Stocks & fund certifica
Slide 8: Thank You
THANK YOU HO CHI MINH CITY SECURITIES COMPANY AB Tower, 76A Le Lai, Ben Thanh Ward, District 1, Ho Chi Minh City hsc.com.vn | (8428)38 233 299 7
Ho Chi Minh City Securities — Q1 2025 Earnings Presentation on 6ix