Ho Chi Minh City Securities Corp. · HOSE:HCM
Ho Chi Minh City Securities — Q4 2024 Earnings Presentation
10 slides from Ho Chi Minh City Securities's earnings presentation, Jan 21, 2025
Slide 1: Q4 & FY2024 Earnings Call
hse HO CHI MINH CITY SECURITIES COMPANY Q4 & FY2024 EARNINGS CALL
Slide 2: Highlights
Highlights The VN Index closed 2024 at 1,267, a 12% YoY growth. 1 Average daily trading values climbed to VND21,000 billion, up 20% YoY. In Q4.2024, HSC netted VND888 billion in revenue and VND285 billion in profit, up 48% and 26% YoY respectively. 2 For FY2024, revenue was VND3,311 billion and prof
Slide 3: Summary
Summary Q4.2024 VND888 billion VND285 billion 6.75% 1 Revenue Profit before tax Brokerage market share 48% YoY 26% YoY 1.4% points YoY FY2024 VND3,311 billion VND1,296 billion1 VND20,429 billion Revenue Profit before tax Margin loan balance 47% YoY 54% YoY 68% YoY 22
Slide 4: Business Results
Business Results Business Results Q4.2023 Q4.2024 +/-% FY2023 FY2024 +/-% FY2024 Plan % completed (VND bn) Total revenue (*) 601 888 48% 2,255 3,311 47% 3,182 104% Operating expenses (*) 375 604 61% 1,413 2,016 43% 1,732 116% Profit before tax 225 285 26% 842 1,296 54% 1,450 89% Total assets 17,911
Slide 5: Revenue Structure | Q4.2024
Revenue Structure| Q4.2024 Securities Brokerage Margin Lending 6% 59% 510 1% 1% 320 20% 21% 176 187 VND888 billion 48% YoY Q4.2023 Q4.2024 Q4.2023 Q4.2024 Prop. Investment Corporate Finance 57% 111% 56% Securities Brokerage Margin Lending 180 Proprietary Investments Corporate Finance 85 14 6 Q4.2023
Slide 6: Revenue Structure | FY2024
Revenue Structure| FY2024 Securities Brokerage Margin Lending 26% 61% 1% 1,714 2% 1,067 20% 25% 848 672 VND3,311 billion 47% YoY FY2023 FY2024 FY2023 FY2024 Prop. Investment Corporate Finance 52% 41% 171% Securities Brokerage Margin Lending 666 473 Proprietary Investments Corporate Finance 60 22 FY2
Slide 7: Expenses Structure | Q4.2024
Expenses Structure| Q4.2024 Variable expenses Fixed expenses 206 423 169 181 4 Other fixed expenses 40% 318 Depreciation expense 7% 4 12% Other variable expenses 18 Office related expenses 19% 25 7 117 Interest expenses 172% 8 21 17 IT expenses 0.2% 27 27 10 36 Incentives 21% 21 Accrued bonus 50% 30
Slide 8: Expenses Structure | FY2024
Expenses Structure| FY2024 Variable expenses Fixed expenses 790 1,301 624 715 16 67 840 31 15 66 77 1% Other fixed expenses 31 72 105 Depreciation expense 1% Other variable expenses 7% 487 95 87 Office related expenses 6% Interest expenses 68 73% 169 IT expenses 11% Incentives 59% 349 106 Accrued bo
Slide 9: Financial Position as of 31/12/2024
Financial Position as of 31/12/2024 Assets Liabilities & Equity 17,911 31,340 17,911 31,340 398 558 10,444 Other assets 9% 466 20,429 366 Other receivables 54% 363 Loans 68% 8,312 12,135 Owners equity 26% Bonds 317% 20,430 438 5,000 Other current payables 6% Stocks & fund certificates 187% 1,200 9,1
Slide 10: 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 9
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