The financial statements of VDS

Income statement, balance sheet and cash flow, by quarter and by year. Unit: VND billion, unless a line states otherwise.

Item	2025	2024
1.1. Gains from financial assets at fair value through profit or loss (FVTPL)	343.8	380.7
a. Realised gains on disposals of FVTPL financial assets	292.5	241.3
b. Gains from revaluation of FVTPL financial assets	12.5	84.1
c. Dividends and interest income from FVTPL financial assets	38.8	55.2
1.2. Gains from held to maturity investments	39.0	4.8
1.3. Interest income from loans and receivables	413.7	388.9
1.4. Gains from available-for-sale financial assets (AFS)	9.6	7.5
1.6. Revenue from brokerage services	215.0	188.0
1.8. Revenue from investment advisory services	9.4	7.0
1.10. Revenue from securities custody services	7.9	7.3
1.11. Other revenue	3.5	3.2
Revenue from securities business (01->11)	1,041.8	987.4
Net sales	1,041.8	987.4
2.1. Loss from financial assets at fair value through profit or loss (FVTPL)	69.0	51.9
a. Loss from disposals of financial assets at FVTPL	38.7	9.9
b. Loss from revaluation of financial assets at FVTPL	29.1	41.0
c. Transaction cost of acquisition of financial assets at FVTPL	1.2	0.9
2.4. Selling loss available-for-sale financial assets (AFS)	0.1	—
(Reversal)/provision expenses for diminution in value and impairment of financial assets and doubtful debts and borrowing costs of loans	268.7	274.4
2.6. Expenses for proprietary trading activities	3.9	4.5
2.7. Expenses for brokerage services	157.3	141.7
2.9. Expenses for financial advisory services	14.0	13.8
2.11. Expenses for secutiries custodian services	8.4	7.8
2.12. Other expenses	20.8	20.3
Operating expenses (21->33)	542.0	514.3
Gross profit	499.8	473.0
3.1. Realized and unrealized gain from changes in foreign exchange rates	0.0	0.0
3.2. Dividends, interest income from demand deposits	54.4	53.4
Total financial income (41->44)	54.4	53.4
4.1. Realized and unrealized loss from changes in foreign exchange rates	2.5	0.2
4.2. Borrowing costs	31.0	5.3
Total financial expenses (51->54)	33.5	5.5
VI. General and Administrative expenses	174.0	165.8
VII. Net profit from securities business (20+50-40-60-61-62)	346.8	355.2
8.1. Other incomes	0.0	0.6
8.2. Other expenses	0.0	0.1
Other profit (71-72)	0.0	0.5
IX. Profit before tax (70+80)	346.8	355.6
9.1. Realised profit	363.5	312.5
9.2. Unrealised profit	-16.7	43.1
CORPORATE INCOME TAX	64.6	64.4
10.1. Current corporate income tax expenses	68.3	49.3
10.2. Deferred income tax expenses	-3.7	15.1
XI. Net profit after tax (90-100)	282.2	291.2
11.1. Profit after tax for shareholders of the parents company	283.1	289.8
11.3. Profit after tax attribute to non-controling interest	-1.0	1.4
12.2. Gains/Loss from revaluation of availables-for-sale financial assets	-51.6	-2.5
Total other comprehensive income	-51.6	-2.5
Other comprehensive income attribute to the Parent Company's owners	-51.6	-2.5
13.1. Earning per share VND per share	1,054.00	1,216.00
13.2. Diluted earning per share VND per share	1,054.00	1,216.00
Earnings per Share VND per share	1,033.88	1,193.86

Item	2025	2024
A. SHORT-TERM ASSETS (100=110+130)	6,925.8	6,096.5
Short-term financial assets	6,911.0	6,081.3
1. Cash and cash equivalents	997.0	1,207.1
1.1. Cash	847.0	632.1
1.2. Cash equivalents	150.0	575.0
2. Financial assets at fair value through profit or loss (FVTPL)	1,353.5	1,161.9
3. Held to maturity investments (HTM)	—	400.0
4. Loans	4,003.5	2,746.1
5. Available-for-sale financial assets (AFS)	495.9	529.9
6. Provisions for impairment loss of financial assets and mortgages	-44.2	-44.2
7. Short-term receivables	79.4	65.4
7.1. Receivables from disposal of financial assets	49.0	55.6
7.2. Receivables and accruals from dividends and interest income	30.3	9.8
7.2.1. Due dividend and interest receivables	0.1	0.1
7.2.2. Undue dividend and interest receivables	30.3	9.7
Prepayments to suppliers	1.8	1.0
9. Service related receivable	24.0	14.0
12. Other receivables	2.1	2.0
13. Provision for doubtful debts	-2.0	-2.0
II. Other short-term assets	14.8	15.2
1. Advances	0.1	0.2
2. Office supplies, tools	1.5	2.1
3. Short-term prepayments	12.7	11.9
4. Pledged assets, mortgages, security deposits in short term	0.1	0.1
Taxes and other receivables from state authorities	0.5	1.0
B. LONG-TERM ASSETS (200=210+220+240+250-260)	1,195.7	298.5
I. Long-term financial assets	1,091.9	178.6
2. Long-term investments	1,091.9	178.6
2.1. Held to maturity investments (HTM)	800.0	—
2.5. Other long-term investments	291.9	178.6
II. Fixed assets	61.5	64.0
1. Tangible fixed assets	41.0	44.2
- Cost	125.9	110.2
- Accumulated depreciation	-84.9	-66.1
3. Intangible fixed assets	20.5	19.9
- Cost	53.5	47.1
- Accumulated depreciation	-33.0	-27.2
IV. Construction in progress	0.7	12.4
V. Other long-term assets	41.6	43.5
1. Pledged assets, mortgages, security deposits in long term	5.8	5.7
2. Long-term prepayments	2.3	2.8
3. Deferred income tax assets	3.5	1.8
4. Payment for Settlement Assistance Fund	20.0	20.0
5. Other long-term assets	10.0	10.0
6. Goodwill	—	3.2
TOTAL ASSETS (270=100+200)	8,121.5	6,395.0
A. LIABILITIES (300=310+340)	5,022.3	3,587.4
I. Short -term liabilities	4,998.5	3,554.4
1. Short-term borrowings	1,919.0	392.0
1.1. Short-term borrowings	1,919.0	392.0
4. Short-term bonds	2,959.1	3,089.1
6. Payables to securities trading activities	3.2	2.3
8. Trade accounts payable	2.5	12.6
9. Advances from customers	13.1	13.2
10. Taxes and other payables to state authorities	47.2	13.4
11. Payable to employees	23.4	13.3
13. Accrued expenses	24.0	15.6
17. Other payables	0.4	0.4
19. Bonus and welfare fund	6.6	2.5
II. Long-term liabilities	23.8	33.0
14. Deferred income tax liabilities	23.7	32.7
B. OWNER'S EQUITY (400=410+420)	3,099.1	2,807.6
I. Owner's equity	3,099.1	2,807.6
1. Investment capital from owners	2,729.2	2,439.2
1.1. Capital from owners	2,720.0	2,430.0
a. Common stock VND per share	2,720,000,000,000.00	2,430,000,000,000.00
1.2. Share premium	9.2	9.2
2. Assets revaluation differences	-59.3	-7.7
7. Undistributed earnings after tax	358.6	326.1
7.1. Realised profits	310.6	265.6
7.2. Unrealised losses	47.9	60.4
8. Minority interest	67.5	48.5
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400)	8,121.5	6,395.0

Item	2025	2024
1. Profit before tax	346.8	355.6
2. Adjustments for	-25.5	-33.4
- Depreciation and amortization	24.7	21.6
- (Reversal of provisions)/provisions	-0.0	0.0
- Unrealized foreign exchange (gains)/losses	0.3	—
- Loss/(profits) from other investing activities	-54.4	-53.8
- Interest expense	31.0	5.3
- Accrued interest income	-30.3	-9.8
- Adjustments for	3.2	3.2
3. Add non-cash expenses	29.2	41.0
- Loss from revaluation losses of FVTPL financial assets	29.1	41.0
- Value decline of available-for-sale financial assets	0.1	—
4. Less non-cash income	-17.2	-84.1
- Gains from revaluation gains of FVTPL financial assets	-12.5	-84.1
- Reversal of value decline of available-for-sale financial assets	-4.8	—
5. Changes of assets and liabilities	-1,130.5	-674.2
- Increase/decrease in FVTPL financial assets	-203.5	-10.2
- Increase/decrease in held to maturity investments	400.0	-400.0
- Increase/decrease in loan	-1,257.4	27.3
- Increase/decrease in AFS financial assets	-69.6	-291.3
6. Operating profit before changes in working capital	-797.3	-395.1
Increase/decrease in receiables sale of financial assets	6.5	-44.7
Increase/decrease in receiables interest of financial assets	9.8	11.3
Increase/decrease in service related receivables	-10.0	3.8
Increases/decreases in other receivables	-0.9	10.8
Increase/decrease in other assets	1.0	0.0
- Increase/(decrease) in payables (other than interest, corporate income tax)	6.8	0.8
- (Increase)/decrease in prepaid expenses	-0.3	1.6
- Corporate income tax paid	-35.7	-61.4
- Interest paid	-32.0	-5.8
Increases/decreaese in trade payables	-7.6	-25.1
Increases/decreases in tax and other payables to the State Budget	1.3	-2.6
Increases/dcreases in payable to employees	10.1	-6.2
Increases/dcreases in other payables	0.7	-0.8
- Other payments for operating activities	-2.8	-0.9
Net cash flows from securities trading activities	-850.3	-514.4
1. Payment for fixed assets, constructions and other long-term assets	-10.4	-35.1
2. Proceeds from disposals of fixed assets and other long-term assets	0.0	1.0
5. Payments for investment in other entities	-1,020.0	-34.3
6. Collections on investment in other entities	151.5	55.6
7. Dividends, interest and profit received	54.4	53.4
Net cash flows from investing activities	-824.5	40.7
1. Receipts from equity issue and owner's capital contribution VND per share	68,000,000,000.00	95,500,000,000.00
3. Short-term and long-term borrowings	8,949.5	5,360.3
3.2. Other borrowings	8,949.5	5,360.3
4. Principal repayments	-7,552.9	-4,645.2
4.3. Other principal repayments	-7,552.9	-4,645.2
Net cash flows from financing activities	1,464.6	810.6
IV. Net cash flows during the period	-210.2	336.9
V. Cash and cash equivalents at begingning of the period	1,207.1	870.2
Cash at bank	1,207.1	870.2
- Cash at bank for securities company activities	632.1	394.2
- Cash equivalents	575.0	476.0
Cash and cash equivalents at end of period	997.0	1,207.1
Cash at bank	997.0	1,207.1
- Cash at bank for securities company activities	847.0	632.1
- Cash equivalents	150.0	575.0
1. Proceeds from sale of brokerage securities to customers	12,893.8	9,619.0
2. Money spent on buying brokerage securities for customers	-12,893.7	-9,618.5
9. Receive deposits to pay for securities transactions of customers	97,737.6	95,743.5
10. Margin deposit of investors at VSD	105.1	217.7
11. Payment for customers' securities transactions	-96,930.0	-96,921.7
17. Proceeds from Securities Issuers	1,160.3	1,437.2
18. Payments to Securities Issuers	-1,160.5	-1,436.8
Increase / decrease of net money during the period	912.6	-959.5
II. Cash and cash equivalents at the beginning of the period of the customer	835.5	1,795.1
Cash at bank	835.5	1,795.1
-Deposits of investors on securities transactions under the Securities Company management method	833.0	1,793.5
-Securities clearing and settlement deposits	2.1	1.5
-Deposits from issuing organizations	0.5	0.0
III. Cash and cash equivalents at the end of the period of the customer	1,748.1	835.5
Cash at bank	1,748.1	835.5
-Deposits of investors on securities transactions under the Securities Company management method	1,745.7	833.0
-Securities clearing and settlement deposits	2.1	2.1
-Deposits from issuing organizations	0.3	0.5

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
1.1. Gains from financial assets at fair value through profit or loss (FVTPL)	73.6	-21.4	23.1	259.3	27.5	33.9	3.2	71.9	162.9	141.6
a. Realised gains on disposals of FVTPL financial assets	87.1	42.2	167.7	63.3	45.2	16.4	39.8	33.8	64.6	103.2
b. Gains from revaluation of FVTPL financial assets	-21.4	-69.0	-148.0	189.4	-39.0	10.1	-46.3	18.7	85.1	26.6
c. Dividends and interest income from FVTPL financial assets	7.9	5.5	3.4	6.5	21.3	7.5	9.7	19.3	13.3	11.9
1.2. Gains from held to maturity investments	18.2	14.4	11.5	11.5	11.2	4.7	2.2	2.0	0.5	—
1.3. Interest income from loans and receivables	123.8	118.4	119.9	108.0	93.9	91.8	102.7	100.9	96.1	89.3
1.4. Gains from available-for-sale financial assets (AFS)	2.0	33.7	1.5	5.2	2.0	1.0	—	5.8	1.8	—
1.6. Revenue from brokerage services	36.9	54.6	59.3	81.4	40.3	34.0	40.7	41.3	52.6	53.4
1.8. Revenue from investment advisory services	3.7	0.4	3.1	1.8	3.5	1.1	1.8	2.2	1.7	1.2
1.10. Revenue from securities custody services	2.1	2.0	2.4	2.0	1.8	1.7	2.1	1.8	1.7	1.7
1.11. Other revenue	0.5	0.6	1.3	0.8	0.7	0.7	0.5	0.7	0.8	1.2
Revenue from securities business (01->11)	260.8	202.8	222.0	469.9	181.0	169.0	153.3	226.5	318.1	288.4
Net sales	260.8	202.8	222.0	469.9	181.0	169.0	153.3	226.5	318.1	288.4
2.1. Loss from financial assets at fair value through profit or loss (FVTPL)	31.3	59.7	37.4	-29.7	49.2	12.0	38.6	4.0	17.2	-8.0
a. Loss from disposals of financial assets at FVTPL	1.6	26.4	1.7	15.3	13.5	8.2	1.6	5.3	0.3	2.7
b. Loss from revaluation of financial assets at FVTPL	29.5	33.1	35.2	-45.3	35.5	3.7	36.8	-1.4	16.6	-11.0
c. Transaction cost of acquisition of financial assets at FVTPL	0.2	0.2	0.5	0.3	0.2	0.2	0.2	0.1	0.3	0.3
2.4. Selling loss available-for-sale financial assets (AFS)	0.7	5.3	0.0	0.0	—	—	—	—	—	—
(Reversal)/provision expenses for diminution in value and impairment of financial assets and doubtful debts and borrowing costs of loans	75.9	77.1	74.5	66.9	66.5	60.8	69.5	68.5	70.1	66.3
2.6. Expenses for proprietary trading activities	1.0	0.9	0.8	1.3	1.0	0.9	1.0	-6.9	9.2	1.2
2.7. Expenses for brokerage services	32.5	41.4	39.4	55.1	33.1	29.7	30.1	33.5	39.3	38.8
2.9. Expenses for financial advisory services	3.5	3.3	3.0	4.2	3.8	3.0	3.2	3.7	3.6	3.3
2.11. Expenses for secutiries custodian services	2.0	2.1	2.2	2.2	2.0	1.9	2.0	2.0	2.0	1.9
2.12. Other expenses	—	0.6	5.1	6.3	5.1	4.3	5.5	4.7	5.1	5.0
Operating expenses (21->33)	146.7	190.5	162.4	106.3	160.7	112.7	150.0	109.4	146.5	108.4
Gross profit	114.1	12.2	59.6	363.6	20.3	56.3	3.3	117.0	171.6	180.0
3.1. Realized and unrealized gain from changes in foreign exchange rates	—	—	—	0.0	0.0	0.0	—	—	—	0.0
3.2. Dividends, interest income from demand deposits	5.5	10.0	15.1	19.3	13.3	6.7	9.6	13.7	19.9	11.3
Total financial income (41->44)	5.5	10.0	15.1	19.3	13.3	6.7	9.6	13.7	19.9	11.3
4.1. Realized and unrealized loss from changes in foreign exchange rates	5.9	0.2	1.9	0.2	0.3	—	—	0.0	—	0.2
4.2. Borrowing costs	15.9	12.5	9.7	9.3	8.1	3.8	1.4	2.0	1.0	1.0
Total financial expenses (51->54)	21.8	12.7	11.7	9.6	8.5	3.8	1.4	2.0	1.0	1.1
VI. General and Administrative expenses	43.1	45.5	47.3	47.5	42.6	36.6	45.0	36.5	44.8	39.6
VII. Net profit from securities business (20+50-40-60-61-62)	54.7	-36.0	15.7	325.8	-17.5	22.6	-33.5	92.3	145.8	150.6
8.1. Other incomes	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.5
8.2. Other expenses	0.0	—	—	—	—	0.0	0.1	—	—	—
Other profit (71-72)	0.0	0.0	0.0	0.0	0.0	0.0	-0.1	0.0	0.0	0.5
IX. Profit before tax (70+80)	54.7	-36.0	15.7	325.8	-17.4	22.6	-33.6	92.3	145.8	151.1
9.1. Realised profit	105.6	66.1	199.0	91.2	57.0	16.3	49.5	72.2	77.3	113.5
9.2. Unrealised profit	-50.9	-102.2	-183.2	234.7	-74.5	6.4	-83.1	20.1	68.5	37.6
CORPORATE INCOME TAX	9.7	-6.5	5.7	61.6	-6.2	3.6	-4.8	14.9	26.4	27.9
10.1. Current corporate income tax expenses	14.0	7.9	37.1	26.3	2.6	2.3	4.8	12.1	9.5	22.8
10.2. Deferred income tax expenses	-4.3	-14.4	-31.5	35.3	-8.8	1.3	-9.6	2.8	16.9	5.1
XI. Net profit after tax (90-100)	45.0	-29.5	10.1	264.3	-11.2	19.0	-28.9	77.4	119.4	123.3
11.1. Profit after tax for shareholders of the parents company	45.0	-28.5	13.8	261.2	-9.9	19.1	-27.8	77.4	119.9	120.7
11.3. Profit after tax attribute to non-controling interest	—	-1.0	-3.7	3.0	-1.3	-0.1	-1.1	-0.0	-0.5	2.5
OTHER COMPREHENSIVE INCOME AFTER TAX	—	—	-59.1	-11.5	-0.6	—	—	12.4	-43.2	16.6
12.2. Gains/Loss from revaluation of availables-for-sale financial assets	-50.6	-30.4	-59.1	-11.5	-0.6	19.5	-22.4	12.4	-43.2	16.6
Total other comprehensive income	-50.6	-30.4	-59.1	-11.5	-0.6	19.5	-22.4	12.4	-43.2	16.6
Other comprehensive income attribute to the Parent Company's owners	—	-30.4	-59.1	-11.5	-0.6	19.5	-22.4	12.4	-43.2	16.6
13.1. Earning per share VND per share	—	-105.00	51.00	960.00	-41.00	79.00	-114.00	326.00	571.00	575.00
13.2. Diluted earning per share VND per share	—	-105.00	51.00	960.00	-41.00	79.00	-114.00	326.00	571.00	575.00
Earnings per Share VND per share	164.79	-108.06	36.98	968.25	-45.89	77.94	-118.31	317.25	566.22	584.36

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
A. SHORT-TERM ASSETS (100=110+130)	6,435.0	6,417.2	6,925.8	6,530.5	5,746.6	6,089.6	6,096.5	5,796.5	5,707.3	5,324.9
Short-term financial assets	6,416.8	6,402.0	6,911.0	6,515.0	5,731.6	6,075.2	6,081.3	5,783.1	5,692.4	5,310.7
1. Cash and cash equivalents	772.2	858.2	997.0	588.3	1,289.3	663.8	1,207.1	464.1	668.3	1,023.5
1.1. Cash	547.2	399.7	847.0	435.3	427.3	257.8	632.1	278.1	212.5	234.7
1.2. Cash equivalents	225.0	458.5	150.0	153.0	862.0	406.0	575.0	186.0	455.8	788.8
2. Financial assets at fair value through profit or loss (FVTPL)	888.8	1,272.9	1,353.5	1,448.4	1,186.7	1,515.5	1,161.9	1,324.3	1,271.2	827.0
3. Held to maturity investments (HTM)	20.0	—	—	—	—	400.0	400.0	200.0	200.0	—
4. Loans	4,289.7	3,842.3	4,003.5	4,005.0	2,946.4	3,194.5	2,746.1	3,359.5	3,138.5	3,218.4
5. Available-for-sale financial assets (AFS)	434.8	412.8	495.9	408.8	303.6	295.2	529.9	436.8	431.2	208.6
6. Provisions for impairment loss of financial assets and mortgages	-44.2	-44.2	-44.2	-44.2	-44.2	-44.2	-44.2	-44.2	-44.2	-44.2
7. Short-term receivables	36.3	45.9	79.4	89.9	31.9	33.6	65.4	23.4	12.2	55.1
7.1. Receivables from disposal of financial assets	9.2	—	49.0	63.8	14.7	20.7	55.6	4.1	3.8	44.2
7.2. Receivables and accruals from dividends and interest income	27.1	45.9	30.3	26.1	17.2	12.8	9.8	19.3	8.4	10.8
7.2.1. Due dividend and interest receivables	0.1	0.1	0.1	0.2	0.2	0.1	0.1	0.3	0.6	0.5
7.2.2. Undue dividend and interest receivables	27.0	45.9	30.3	25.9	17.1	12.7	9.7	19.0	7.8	10.4
Prepayments to suppliers	5.5	0.8	1.8	2.9	3.4	3.4	1.0	3.2	1.4	7.2
9. Service related receivable	13.7	12.6	24.0	15.9	13.8	13.4	14.0	12.8	13.5	11.8
12. Other receivables	2.1	2.7	2.1	2.0	2.7	2.1	2.0	5.2	2.1	5.2
13. Provision for doubtful debts	-2.0	-2.0	-2.0	-2.0	-2.0	-2.0	-2.0	-2.0	-2.0	-2.0
II. Other short-term assets	18.2	15.3	14.8	15.5	15.0	14.4	15.2	13.5	14.9	14.2
1. Advances	0.3	0.8	0.1	0.7	0.4	0.3	0.2	1.0	0.5	0.7
2. Office supplies, tools	2.4	1.7	1.5	1.5	1.8	2.0	2.1	2.0	1.3	1.4
3. Short-term prepayments	14.6	11.8	12.7	13.0	12.1	11.1	11.9	7.8	10.8	10.0
4. Pledged assets, mortgages, security deposits in short term	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Taxes and other receivables from state authorities	0.8	0.8	0.5	0.4	0.6	1.0	1.0	2.7	2.2	2.1
B. LONG-TERM ASSETS (200=210+220+240+250-260)	1,445.0	1,451.3	1,195.7	1,202.5	1,109.7	258.6	298.5	297.4	341.4	308.7
I. Long-term financial assets	1,359.2	1,353.2	1,091.9	1,095.9	999.9	144.2	178.6	182.5	220.8	196.2
2. Long-term investments	1,359.2	1,353.2	1,091.9	1,095.9	999.9	144.2	178.6	182.5	220.8	196.2
2.1. Held to maturity investments (HTM)	1,100.0	1,100.0	800.0	800.0	800.0	—	—	—	—	—
2.5. Other long-term investments	153.8	253.2	291.9	295.9	199.9	144.2	178.6	182.5	220.8	196.2
II. Fixed assets	48.1	55.9	61.5	65.0	69.3	70.8	64.0	67.8	73.3	60.9
1. Tangible fixed assets	31.1	37.0	41.0	43.4	46.2	50.3	44.2	47.9	52.1	40.9
- Cost	124.6	126.9	—	—	—	—	—	—	—	—
- Accumulated depreciation	-93.5	-89.9	—	—	—	—	—	—	—	—
3. Intangible fixed assets	16.9	18.9	20.5	21.5	23.1	20.5	19.9	19.8	21.2	20.0
- Cost	52.3	53.5	—	—	—	—	—	—	—	—
- Accumulated depreciation	-35.4	-34.5	—	—	—	—	—	—	—	—
IV. Construction in progress	0.7	0.7	0.7	—	0.3	0.9	12.4	1.6	1.2	3.3
V. Other long-term assets	37.2	41.4	41.6	41.6	40.2	42.7	43.5	45.4	46.0	48.3
1. Pledged assets, mortgages, security deposits in long term	5.5	5.8	5.8	5.8	5.8	5.7	5.7	5.7	5.7	5.6
2. Long-term prepayments	1.7	2.1	2.3	2.5	1.0	1.9	2.8	3.4	4.5	4.7
3. Deferred income tax assets	—	3.5	3.5	1.7	1.8	1.8	1.8	1.5	1.0	1.5
4. Payment for Settlement Assistance Fund	20.0	20.0	20.0	20.0	20.0	20.0	20.0	20.0	20.0	20.0
5. Other long-term assets	10.0	10.0	10.0	10.0	10.0	10.0	10.0	10.0	10.0	10.0
6. Goodwill	—	—	—	1.6	1.6	—	3.2	4.9	4.9	6.5
TOTAL ASSETS (270=100+200)	7,880.1	7,868.5	8,121.5	7,733.0	6,856.3	6,348.2	6,395.0	6,093.9	6,048.6	5,633.5
A. LIABILITIES (300=310+340)	4,893.9	4,839.4	5,022.3	4,578.7	4,022.1	3,502.2	3,587.4	3,250.2	3,395.2	3,073.7
I. Short -term liabilities	4,888.4	4,831.6	4,998.5	4,522.6	4,001.5	3,470.9	3,554.4	3,209.0	3,360.7	3,006.4
1. Short-term borrowings	2,776.9	2,231.9	1,919.0	1,561.4	981.0	433.0	392.0	196.0	286.0	190.0
1.1. Short-term borrowings	2,776.9	2,231.9	1,919.0	1,561.4	981.0	433.0	392.0	196.0	286.0	190.0
4. Short-term bonds	1,998.9	2,529.1	2,959.1	2,859.1	2,924.5	2,979.9	3,089.1	2,938.9	2,832.5	2,731.1
6. Payables to securities trading activities	2.2	3.9	3.2	3.9	2.4	2.5	2.3	1.7	3.1	4.1
8. Trade accounts payable	49.3	0.3	2.5	2.8	47.1	13.3	12.6	6.2	76.7	1.9
9. Advances from customers	13.7	13.7	13.1	13.2	13.5	14.6	13.2	13.2	13.4	13.5
10. Taxes and other payables to state authorities	20.5	22.9	47.2	43.5	9.7	10.1	13.4	18.3	18.0	34.3
11. Payable to employees	0.0	0.5	23.4	0.0	0.0	0.6	13.3	0.0	0.0	0.8
13. Accrued expenses	22.9	24.9	24.0	36.8	21.5	14.9	15.6	30.8	37.8	22.1
16. Short-term deposits, collateral received	—	—	—	—	—	—	—	—	88.5	—
17. Other payables	0.4	0.7	0.4	0.9	0.9	1.0	0.4	1.4	2.2	8.6
19. Bonus and welfare fund	3.7	3.7	6.6	1.0	1.0	1.0	2.5	2.5	2.5	—
II. Long-term liabilities	5.5	7.8	23.8	56.1	20.6	31.4	33.0	41.2	34.5	67.2
4. Long-term bonds	—	—	—	—	—	—	—	—	—	45.4
14. Deferred income tax liabilities	5.4	7.6	23.7	55.9	20.4	31.1	32.7	40.9	34.2	21.5
B. OWNER'S EQUITY (400=410+420)	2,986.2	3,029.1	3,099.1	3,154.3	2,834.2	2,846.0	2,807.6	2,843.7	2,653.4	2,559.8
I. Owner's equity	2,986.2	3,029.1	3,099.1	3,154.3	2,834.2	2,846.0	2,807.6	2,843.7	2,653.4	2,559.8
1. Investment capital from owners	2,729.2	2,729.2	2,729.2	2,729.2	2,439.2	2,439.2	2,439.2	2,439.2	2,109.2	2,109.2
1.1. Capital from owners	2,720.0	2,720.0	2,720.0	2,720.0	2,430.0	2,430.0	2,430.0	2,430.0	2,100.0	2,100.0
a. Common stock VND per share	2,720,000,000,000.00	2,720,000,000,000.00	2,720,000,000,000.00	2,720,000,000,000.00	2,430,000,000,000.00	2,430,000,000,000.00	2,430,000,000,000.00	2,430,000,000,000.00	2,100,000,000,000.00	2,100,000,000,000.00
1.2. Share premium	9.2	9.2	9.2	9.2	9.2	9.2	9.2	9.2	9.2	9.2
2. Assets revaluation differences	-127.9	-89.7	-59.3	-0.2	11.3	11.9	-7.7	-0.5	-25.8	4.6
7. Undistributed earnings after tax	382.1	327.1	358.6	353.3	335.1	345.1	326.1	353.8	524.9	402.9
7.1. Realised profits	462.4	366.8	310.6	157.2	334.1	279.5	265.6	221.4	409.8	329.4
7.2. Unrealised losses	-80.3	-39.8	47.9	196.1	1.0	65.7	60.4	132.4	115.1	73.5
8. Minority interest	—	59.7	67.5	71.3	47.3	48.4	48.5	49.6	42.6	43.1
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400)	7,880.1	7,868.5	8,121.5	7,733.0	6,856.3	6,348.2	6,395.0	6,093.9	6,048.6	5,633.5

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
1. Profit before tax	60.1	-36.0	15.7	325.8	-17.4	22.6	-33.6	92.3	145.8	151.1
2. Adjustments for	35.4	-37.0	-1.2	-12.5	-1.7	-10.1	12.9	-19.0	-9.6	-17.7
- Depreciation and amortization	6.3	6.6	6.5	6.3	6.2	5.7	5.6	5.9	5.4	4.6
- (Reversal of provisions)/provisions	—	—	-0.0	—	—	—	0.0	—	—	—
- Unrealized foreign exchange (gains)/losses	0.0	-0.3	0.3	—	—	—	—	—	—	—
- Loss/(profits) from other investing activities	-5.4	-10.0	-15.1	-19.3	-13.3	-6.7	-9.1	-14.0	-19.1	-11.6
- Interest expense	15.9	12.5	9.7	9.3	8.1	3.8	5.3	—	—	—
- Accrued interest income	18.7	-45.8	-4.3	-8.8	-4.4	-12.8	9.4	-10.9	2.4	-10.7
- Adjustments for	—	—	1.6	0.0	1.6	—	1.6	0.0	1.6	—
3. Add non-cash expenses	23.7	38.5	35.2	-45.2	35.5	3.7	36.8	-1.4	17.1	-11.6
- Loss from revaluation losses of FVTPL financial assets	23.0	33.1	35.2	-45.3	35.5	3.7	36.8	-1.4	17.1	-11.6
- Value decline of available-for-sale financial assets	0.7	5.3	0.0	0.1	—	-0.0	—	—	—	—
4. Less non-cash income	23.9	36.3	147.4	-193.6	39.0	-10.1	46.3	-18.7	-87.3	-24.3
- Gains from revaluation gains of FVTPL financial assets	23.9	69.0	148.0	-189.4	39.0	-10.1	46.3	-18.7	-87.3	-24.3
- Reversal of value decline of available-for-sale financial assets	0.0	-32.7	-0.6	-4.2	—	—	—	—	—	—
5. Changes of assets and liabilities	-395.1	226.4	-231.1	-1,206.3	889.1	-582.1	397.3	-233.1	-749.6	-88.8
- Increase/decrease in FVTPL financial assets	141.6	11.2	-87.8	-22.8	254.3	-347.2	79.2	-32.9	-382.6	326.1
- Increase/decrease in held to maturity investments	-20.0	—	0.0	0.0	400.0	—	-200.0	0.0	-200.0	—
- Increase/decrease in loan	-447.4	161.3	1.5	-1,058.7	248.1	-448.4	613.3	-221.0	80.0	-445.0
- Increase/decrease in AFS financial assets	-69.3	53.9	-144.9	-124.8	-13.4	213.5	-95.2	20.8	-246.9	30.0
6. Operating profit before changes in working capital	-251.9	228.2	-33.9	-1,131.7	944.4	-576.0	459.7	-179.9	-683.6	8.7
Increase/decrease in receiables sale of financial assets	-11.3	49.0	14.8	-49.1	-1.1	42.0	-50.2	3.8	40.4	-38.8
Increase/decrease in receiables interest of financial assets	0.0	30.3	0.0	0.0	-3.6	13.4	-3.3	-0.4	0.0	15.0
Increase/decrease in service related receivables	-1.2	11.4	-8.1	-2.1	8.1	-7.9	-3.8	-3.4	-1.7	12.8
Increases/decreases in other receivables	-4.3	0.2	1.1	1.1	-0.6	-2.5	5.4	-4.9	8.9	1.3
Increase/decrease in other assets	-0.2	-1.3	0.4	0.3	0.4	-0.1	2.4	-1.6	0.0	-0.8
- Increase/(decrease) in payables (other than interest, corporate income tax)	-0.9	-0.6	-12.3	13.7	6.1	-0.7	-15.3	-7.0	15.7	7.4
- (Increase)/decrease in prepaid expenses	-2.7	1.0	0.5	-2.3	-0.2	1.7	-3.5	4.2	-0.7	1.7
- Corporate income tax paid	-7.8	-37.1	-26.3	-2.6	-2.3	-4.6	-12.4	-9.5	-22.4	-17.1
- Interest paid	-18.0	-13.0	-10.5	-9.7	-8.0	-3.8	-5.8	—	—	—
Increases/decreaese in trade payables	49.0	-2.2	-0.3	-44.3	36.1	0.9	8.9	-68.8	73.1	-38.3
Increases/decreases in tax and other payables to the State Budget	-8.4	4.9	-7.2	10.2	-0.6	-1.1	2.7	-2.3	-3.4	0.4
Increases/dcreases in payable to employees	0.1	-22.9	23.4	0.0	-0.6	-12.7	13.3	0.0	-0.8	-18.7
Increases/dcreases in other payables	-1.0	3.5	-1.0	3.1	-1.2	-0.2	2.6	-92.5	82.7	6.5
- Other payments for operating activities	0.0	-3.2	-0.4	-0.7	0.0	-1.7	-0.0	-0.9	—	—
Net cash flows from securities trading activities	-258.4	248.4	-59.9	-1,214.2	977.0	-553.2	400.6	-363.3	-491.8	-59.9
1. Payment for fixed assets, constructions and other long-term assets	1.0	-1.0	-3.7	-1.7	-4.1	-1.0	-13.1	-0.8	-15.9	-5.3
2. Proceeds from disposals of fixed assets and other long-term assets	0.0	—	0.0	—	—	—	0.4	0.0	0.1	0.5
5. Payments for investment in other entities	0.0	-309.9	29.0	-116.5	-887.5	-45.0	7.0	-7.0	-34.3	—
6. Collections on investment in other entities	174.3	30.4	0.0	0.0	34.3	117.2	-7.0	47.5	0.0	15.1
7. Dividends, interest and profit received	5.4	10.0	15.1	19.3	13.3	6.7	8.9	14.5	27.7	2.4
Net cash flows from investing activities	180.7	-270.5	40.4	-98.9	-844.0	78.0	-3.8	54.2	-22.4	12.7
1. Receipts from equity issue and owner's capital contribution VND per share	—	—	-29,000,000,000.00	97,000,000,000.00	—	—	0.00	88,500,000,000.00	7,000,000,000.00	—
3. Short-term and long-term borrowings	2,940.3	1,615.0	3,346.9	2,282.9	2,578.7	741.0	1,692.0	1,459.2	1,336.0	873.0
3.2. Other borrowings	2,940.3	1,615.0	3,346.9	2,282.9	2,578.7	741.0	1,692.0	1,459.2	1,336.0	873.0
4. Principal repayments	-2,925.5	-1,731.8	-2,889.7	-1,767.9	-2,086.1	-809.2	-1,345.8	-1,442.8	-1,184.0	-672.5
4.3. Other principal repayments	-2,925.5	-1,731.8	-2,889.7	-1,767.9	-2,086.1	-809.2	-1,345.8	-1,442.8	-1,184.0	-672.5
Net cash flows from financing activities	14.8	-116.7	428.2	612.0	492.6	-68.2	346.2	104.9	159.0	200.5
IV. Net cash flows during the period	-63.0	-138.8	408.7	-701.1	625.6	-543.4	743.0	-204.2	-355.2	153.3
V. Cash and cash equivalents at begingning of the period	858.2	997.0	588.3	1,289.3	663.8	1,207.1	464.1	668.3	1,023.5	870.2
- Cash equivalents	0.0	150.0	—	—	—	—	—	—	—	—
Cash and cash equivalents at end of period	772.2	858.2	997.0	588.3	1,289.3	663.8	1,207.1	464.1	668.3	1,023.5
- Cash equivalents	-228.5	453.5	—	—	—	—	—	—	—	—
1. Proceeds from sale of brokerage securities to customers	2,980.4	3,958.8	4,313.9	4,479.6	1,804.3	2,296.0	2,415.3	2,466.0	2,155.1	2,582.6
2. Money spent on buying brokerage securities for customers	-3,024.2	-3,916.3	-4,315.5	-4,476.7	-1,842.1	-2,259.4	-2,416.8	-2,463.2	-2,284.4	-2,454.0
9. Receive deposits to pay for securities transactions of customers	18,555.1	23,844.0	24,131.7	35,858.7	21,226.2	16,521.0	20,346.8	23,341.0	25,319.9	26,735.8
10. Margin deposit of investors at VSD	2.5	3.8	3.1	43.7	35.9	22.4	41.9	77.7	58.1	39.9
11. Payment for customers' securities transactions	-18,842.1	-24,417.8	-24,974.0	-35,260.1	-21,007.8	-15,688.1	-21,066.3	-23,766.5	-25,395.0	-26,693.9
17. Proceeds from Securities Issuers	361.0	177.2	264.2	267.8	509.4	118.9	245.2	240.3	541.5	410.3
18. Payments to Securities Issuers	-360.4	-177.2	-264.7	-267.9	-509.4	-118.5	-244.8	-242.0	-539.9	-410.0
Increase / decrease of net money during the period	-327.6	-527.5	-841.4	645.1	216.5	892.3	-678.7	-346.7	-144.8	210.7
II. Cash and cash equivalents at the beginning of the period of the customer	1,220.6	1,748.1	2,589.5	1,944.4	1,727.9	835.5	1,514.3	1,861.0	2,005.7	1,795.1
-Securities clearing and settlement deposits	0.0	2.1	—	—	—	—	—	—	—	—
-Deposits from issuing organizations	0.0	0.3	—	—	—	—	—	—	—	—
III. Cash and cash equivalents at the end of the period of the customer	893.0	1,220.6	1,748.1	2,589.5	1,944.4	1,727.9	835.5	1,514.3	1,861.0	2,005.7
-Securities clearing and settlement deposits	-43.8	44.6	—	—	—	—	—	—	—	—
-Deposits from issuing organizations	0.7	0.4	—	—	—	—	—	—	—	—

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