F88

UPCOMOther Sector

Investment F88 Joint Stock Company

Original Name: Công ty cổ phần Đầu tư F88

Reference Price149.000 ₫

Interactive Stock Chart

Exchange Ticker: UPCOM:F88

Listing Information

Exchange MarketUPCOM

Live SectorTài chính

First Trading Date08/08/2025

First Close Price₫888,800

Capital Structure

Charter Capital82.65 Billion VND

Listed Shares8,264,612

Outstanding Shares8,264,612

Treasury Shares-

Detailed Corporate Timeline & Sectors

Timeline of Establishment & Development

Year 2015: F88 Investment Joint Stock Company was established on November 12, 2015 with first registered charter capital of 21.51 billion VND and operates with the business line of management consulting
Year 2016: In January 2016, the leading water investment fund in Vietnam, Mekong Capital, decided to invest in F88. F88 Business is honored to receive the Gold Cup award "Reliable products - Perfect service - Preferable brand" jointly awarded by Intellectual Property and Creativity Magazine and the International Intellectual Property Institute
In 2017: F88 began to grow significantly after receiving capital from Meking Capital investment fund, expanding rapidly with 37 transaction offices in Hanoi and 05 other cities across the country including: Hai Phong, Bac Ninh, Bac Giang, Thanh Hoa, Vinh Phuc
Year 2018: In November 2018, F88 added a foreign shareholder, Granite Oak Investment Fund based in Ireland
2019: In September 2019, F88 officially reached the milestone of 100 transaction offices nationwide
2020 was the year the Covid-19 pandemic began to spread in Vietnam, but it was also the year the F88 transaction office system had an impressive expansion rate with 180 new transaction offices opening during the year, bringing the total number of transaction offices nationwide to 304 by the end of the year
2021: By December 2021, F88 Business still maintains an impressive chain expansion rate with 221 newly opened transaction offices, reaching a total of 525 transaction offices in 60 provinces and cities in the country, including 67 transaction offices in Hanoi, 86 transaction offices in Ho Chi Minh City, 372 transaction offices in other provinces and 1 asset liquidation point.
2022: At the end of 2022, the F88 system continues to expand with 814 transaction offices in 63 provinces.
Year 2024: F88 reaches the highest revenue and profit after tax milestones in the Company's operating history, reaching VND 2,280.5 billion and VND 351.3 billion, respectively.
Year 2025: On May 6, 2025, F88 Investment Joint Stock Company was confirmed by the State Securities Commission to complete the registration of a public company in Official Dispatch No. 1468/UBCKGSĐC. On June 12, 2025, Vietnam Securities Depository and Clearing Corporation (VSDC) announced the certification of stock registration and issuance of stock code F88 to F88 Investment Joint Stock Company.

Address: No. 1980 Hung Vuong Street, Nong Trang Ward, Phu Tho Province

Phone: 0210 385 423

Disclosure Officer:

Website: www.nhadautu.f88.vn

Ratio / Financial Indicator	2023	2024	2025
Earnings Per Share (EPS)	-₫65,992	₫42,506	₫87,043
Price-to-Earnings (P/E)	-	3.51x	1.71x
Book Value Per Share (BVPS)	₫166,556	₫209,062	₫296,355
Price-to-Book (P/B)	0.89x	0.71x	0.50x
Return on Equity (ROE)	-39.62%	20.33%	29.37%
Return on Assets (ROA)	-13.80%	6.98%	10.54%
Net Profit Margin	-26.20%	15.40%	23.17%
Debt-to-Equity Ratio	1.87	1.91	1.79
Current Ratio	2.59	2.20	2.22

Audited Financial Statements

Source: KB Securities (KBS) Datafeed • Updated dynamically

Show absolute values (VND)

Doanh thu thuần về bán hàng và cung cấp dịch vụNet revenue

+49.2% YoY

Lợi nhuận sau thuế thu nhập doanh nghiệpNet profit after tax

TỔNG CỘNG TÀI SẢNTOTAL ASSETS

+72.7% YoY

Financial Indicator (VND)	2025	2024	2023
1. Doanh thu bán hàng và cung cấp dịch vụ 1. Revenue	3,105,040,828,000	2,280,507,766,000	2,081,600,989,000
2. Các khoản giảm trừ doanh thu2. Deduction from revenue	-	-	-
3. Doanh thu thuần về bán hàng và cung cấp dịch vụ3. Net revenue	3,105,040,828,000	2,280,507,766,000	2,081,600,989,000
4. Giá vốn hàng bán 4. Cost of goods sold	1,913,698,315,000	1,653,539,791,000	2,322,658,361,000
5. Lợi nhuận gộp về bán hàng và cung cấp dịch vụ5. Gross profit	1,191,342,513,000	626,967,976,000	-241,057,371,000
6. Lãi/Lỗ của hoạt động bán, thanh lý bất động sản đầu tư6. Gain/(Loss) on disposal of investment property	-	-	-
7. Doanh thu hoạt động tài chính 7. Financial income	771,147,852,000	447,813,135,000	285,000,088,000
8. Chi phí tài chính 8. Financial expenses	474,641,562,000	406,023,244,000	398,867,022,000
Trong đó: Chi phí đi vay Of which: Interest expense	431,407,887,000	369,348,408,000	336,647,965,000
8. Phần lãi/lỗ trong công ty liên doanh, liên kết8. Share of associates and joint ventures' result	-	-	-
9. Chi phí bán hàng 9. Selling expenses	211,491,377,000	163,158,374,000	138,176,000,000
10. Chi phí quản lý doanh nghiệp 10. General and administrative expenses	877,905,009,000	660,788,601,000	496,595,682,000
11. Lợi nhuận thuần từ hoạt động kinh doanh11. Operating profit	398,452,416,000	-155,189,108,000	-989,695,988,000
12. Thu nhập khác 12. Other income	515,512,374,000	612,849,721,000	349,441,464,000
13. Chi phí khác 13. Other expenses	6,461,089,000	8,376,212,000	32,054,248,000
14. Lợi nhuận khác14. Other profit	509,051,285,000	604,473,509,000	317,387,215,000
Phần lợi nhuận/lỗ từ công ty liên kết liên doanhShare of associates and joint ventures' result	-	-	-
15. Tổng lợi nhuận kế toán trước thuế15. Profit before tax	907,503,702,000	449,284,401,000	-672,308,772,000
16. Chi phí thuế TNDN hiện hành16. Current corporate income tax expenses	196,621,569,000	41,290,546,000	110,236,654,000
17. Chi phí thuế TNDN hoãn lại 17. Deferred income tax expenses (*)	-8,492,957,000	56,701,567,000	-237,143,915,000
18. Lợi nhuận sau thuế thu nhập doanh nghiệp18. Net profit after tax	719,375,090,000	351,292,289,000	-545,401,511,000
Lợi ích của cổ đông thiểu sốMinority Interest	69,305,000	34,589,000	-54,719,000
Lợi nhuận sau thuế của cổ đông của Công ty mẹProfit after tax for shareholders of parent company	719,305,784,000	351,257,699,000	-545,346,793,000
19. Lãi cơ bản trên cổ phiếu (VNÐ)19. Earnings per share (VND)	6,686	-	-
20. Lãi suy giảm trên cổ phiếu (*)20. Diluted earnings per share	-	-	-

Data Source & Disclaimer

Data Source: Financial statement data is automatically aggregated from official disclosure feeds of listed companies through the analysis system of KB Securities Vietnam JSC (KB Securities).

Disclaimer: All financial data displayed on this website is provided for general reference purposes only. We make every effort to update accurate data but do not provide any warranty regarding its completeness or absolute reliability. The displayed figures do not constitute investment advice or an offer to trade securities. Users assume all risks and responsibilities for any financial decisions made based on the data on this website.

F88

Investment F88 Joint Stock Company

Interactive Stock Chart

Listing Information

Capital Structure

Detailed Corporate Timeline & Sectors

Key Financial Ratios (2025)

Historical Financial Metrics (YoY)

Financial Ratios Reference & Interpretation Guide

Audited Financial Statements

F88 — Financial Data Summary (2023–2025)

Executive Summary

Operating Performance & Profitability

Asset Structure & Financial Leverage

Cash Flow Quality