Ho Chi Minh City Securities : Q1.2022 EARNINGS PRESENTATION

HO CHI MINH CITY SECURITIES CORPORATION

Q1.2022 EARNINGS PRESENTATION

H o C h i M i n h C i t y, M a y 1 2 t h , 2 0 2 2

EXECUTIVE SUMMARY

1. VN Index closed at 1,492, flat in compared with Q4 2021. ADV was VND31,213 billion, up 63% versus Q1.2001.
2. HSC Q1 revenue rose 16% YoY to VND854 billion; PBT declined by 12% YoY to VND354 billion on higher personnel costs.
3. Total assets reached VND22,794 billion at the end of Q1. Margin loan balance rose 6% to VND14,523 billion
4. HSC ranked #4 in securities service and #2 in derivatives within which we were the market leader in covered warrants and foreign trading.

FOREIGN TRADING OVERVIEW

Foreign

% Foreign/Total market

Source: HOSE, HNX, UPCOM

HIGHLIGHTS

	Net revenue	Profit before tax	Margin loan balance
	(VND bn)	(VND bn)	(VND bn)
Q1.2022	854	354	14,523
16% YoY	-12% YoY	59% YoY
	Book Value per share	Total Asset	Earnings per share
	(VND)	(VND bn)	(VND)
	16,640	22,734	618
	7% YoY	52% YoY	-41% YoY

BUSINESS RESULTS

(VND Million)	Q1.2022	Q1.2021	% change
Total revenue	853,927	737,848	16%
Operating expenses	500,055	336,147	49%
Profit before tax	353,872	401,700	-12%
Profit after tax	282,746	321,805	-12%
Total assets	22,793,972	14,961,830	52%
Shareholders' equity	7,608,070	4,762,168	60%
ROAE	3.8%	7.0%
Outstanding shares	457,211,949	305,041,845	50%
Earnings per share - VND	618	1,055	-41%
Book value per share - VND	16,640	15,612	7%