MBS

HNXSecurities

MB Securities Joint Stock Company

Original Name: Công ty cổ phần Chứng khoán MB

Reference Price19.900 ₫

Interactive Stock Chart

Exchange Ticker: HNX:MBS

Listing Information

Exchange MarketHNX

Live SectorSecurities

First Trading Date28/03/2016

First Close Price₫7,700

Capital Structure

Charter Capital6,587.35 Billion VND

Listed Shares667,323,517

Outstanding Shares1,000,933,010

Treasury Shares-

Professional Advisors & Auditors

Independent Auditing History

Fiscal Year	Auditing Organization
2024	KPMG Vietnam Co., Ltd.
2023	KPMG Vietnam Co., Ltd.
2022	EY Vietnam Co., Ltd.
2021	EY Vietnam Co., Ltd.
2020	EY Vietnam Co., Ltd.
2019	EY Vietnam Co., Ltd.
2018	EY Vietnam Co., Ltd.
2017	KPMG Vietnam Co., Ltd.

IPO & Listing Consultant

Securities MB JSCListing Ticker Symbol: MBS

Detailed Corporate Timeline & Sectors

Establishment History:

Thang Long Securities Company (TSC) was established on May 11, 2000, according to decision No. 78/2000/NHQD dated April 12, 2000 of the Board of Directors of Military Commercial Joint Stock Bank.
After nearly 10 years of operation, TSC has grown to become a large, reputable financial institution in the Vietnamese market with charter capital of 800 billion VND and total assets of nearly 5,000 billion VND. TSC provides a rich, complete system of securities and investment banking services
For two consecutive years 2009 and 2010, MBS rose to the top in brokerage market share at both exchanges: Hanoi Stock Exchange and Hanoi Stock Exchange and continuously ranked in the Top 10 market shares at both exchanges.
May 8, 2012: Thang Long Securities Joint Stock Company changed its name to MB Securities Joint Stock Company
On December 9, 2013, the Chairman of the State Securities Commission signed Decision No. 116/GP-UBCK to merge with VIT Securities Joint Stock Company into a consolidated company with the name MB Securities Joint Stock Company (MBS).
Continuing to promote its strengths and unremitting efforts, in 2015, MBS entered the Top 5 securities companies with leading brokerage market share at both exchanges.

Important milestones

Year 2000: Established by Military Commercial Joint Stock Bank with charter capital of 9 billion VND
2003: Increased charter capital to 43 billion VND; Opening of Branch in City. Ho Chi Minh
2006: Increased charter capital to 120 billion VND
Year 2007: Converted into a joint stock company; Increase charter capital to 300 billion VND
2008: Increased charter capital to 420 billion VND
2009: Increased charter capital to 800 billion VND; Opening of Hai Phong Branch: Becoming a securities company with the No. 1 brokerage market share position at both HNX and HOSE Stock Exchange
2010: Increased charter capital to 1,200 billion VND; Becoming a securities company with the No. 1 brokerage market share position on both HNX and HOSE Stock Exchanges
2012: Changed name to MB Securities Joint Stock Company (MBS); Change the logo and apply a new identification system
Year 2013: Merged with VIT Securities Joint Stock Company into a consolidated company with the name MB Securities Joint Stock Company (MBS); Increase charter capital to more than 1,221 billion VND

Achievements

Year 2008: Typical securities company of HNX in 2008
Year 2009: Leading the brokerage market share at both HOSE and HNX Stock Exchanges: Most favorite securities company in 2009 at HNX voted by Investment Newspaper in combination with Hanoi Stock Exchange; Trust and Use Vietnam title in 2009 voted by Vietnam Economic Times
2010: Leading the brokerage market share at both HOSE and HNX Stock Exchanges: Certificate of Merit from the Prime Minister for businesses with many achievements in building and developing the stock market in the period 2000-2010; Certificate of Merit from the City People's Committee. Hanoi on achievements achieved in 10 years of establishment; Thang Long Cup awarded by Hanoi People's Committee; “Typical enterprise” in the program “Thang Long - Hanoi Intelligence”: Prestigious stock brand: Strong Vietnamese brand 2010
2012: M&A Award: Diageo - Halico deal was voted as the typical M&A deal of 2011 - 2012
2014: Outstanding Mergers and Acquisitions Award 2013 - 2014; Outstanding M&A Securities Consulting Company Award 2013 - 2014
2015: Certificate of Merit from the State Securities Commission for achievements in 15 years of operation and contributions to Vietnam's stock market: Certificate of Merit from the City People's Committee. Hanoi for achievements in 15 years of establishment and development: Certificate of Merit from the Vietnam Securities Association for contributions to the development of Vietnam's stock market in 15 years of operation; M&A Award: Securities company's efforts in M&A consulting in the period 2014 - 2015; Typical securities company of HNX in the period 2005 - 2015

Capital raising process

The initial charter capital of MB Securities Joint Stock Company according to the Establishment and Operation License No. 116/GP-UBCK issued by the State Securities Commission on December 9, 2013 (after the merger between MB Securities Joint Stock Company and VIT Securities Joint Stock Company) is 621,242,800,000 VND.
Since the time of consolidation, the Company has experienced one increase in charter capital from 621,242,800,000 VND to 1,221,242,800,000 VND, through the conversion of 600 billion VND of bonds into shares.

Operating industry:

Stock brokerage and investment
Depository of securities
Securities underwriting
Financial consulting

Address: Floor 7+8, MB Building, 21 Cat Linh, O Cho Dua Ward, Hanoi City

Phone: +84-(04)-3726 2600 - Fax: +84-(04)-3726 2601

Disclosure Officer:

Email: [email protected]

Website: https://www.mbs.com.vn/

Ratio / Financial Indicator	2022	2023	2024	2025
Earnings Per Share (EPS)	₫648	₫710	₫925	₫1,395
Price-to-Earnings (P/E)	30.71x	28.01x	21.52x	14.27x
Book Value Per Share (BVPS)	₫4,481	₫5,034	₫6,902	₫7,987
Price-to-Book (P/B)	4.44x	3.95x	2.88x	2.49x
Return on Equity (ROE)	14.46%	14.11%	13.40%	17.46%
Return on Assets (ROA)	6.10%	4.64%	4.18%	4.54%
Net Profit Margin	33.12%	39.15%	29.67%	38.37%
Debt-to-Equity Ratio	1.37	2.04	2.20	2.85
Current Ratio	1.68	1.49	1.54	1.44

Audited Financial Statements

Source: KB Securities (KBS) Datafeed • Updated dynamically

Show absolute values (VND)

Doanh thu thuầnNet sales

+85.8% YoY

KẾT QUẢ HOẠT ĐỘNGNet profit from securities business (20+50-40-60-61-62)

+115.3% YoY

TỔNG CỘNG TÀI SẢN (270=100+200)TOTAL ASSETS

+189.2% YoY

Financial Indicator (VND)	2025	2024	2023	2022
I. DOANH THU HOẠT ĐỘNGOPERATING INCOME	-	-	-	-
1.1. Lãi từ các tài sản tài chính ghi nhận thông qua lãi/lỗ (FVTPL)1.1. Gains from financial assets at fair value through profit or loss (FVTPL)	718,966,141,000	983,233,565,000	140,863,660,000	226,222,334,000
a. Lãi bán các tài sản tài chínha. Realised gains on disposals of FVTPL financial assets	689,662,807,000	970,676,312,000	130,371,122,000	165,318,601,000
b. Chênh lệch tăng đánh giá lại các TSTC thông qua lãi/lỗb. Gains from revaluation of FVTPL financial assets	-4,963,443,000	9,815,531,000	10,115,140,000	-3,244,779,000
c. Cổ tức, tiền lãi phát sinh từ tài sản tài chính PVTPLc. Dividends and interest income from FVTPL financial assets	16,255,967,000	2,708,649,000	374,771,000	71,483,739,000
d. Chênh lệch giảm do đánh giá lại phải trả chứng quyền đang lưu hànhd. Gain from revaluation of outstanding covered warrant payables	18,010,811,000	33,073,000	2,628,000	-7,335,227,000
1.2. Lãi từ các khoản đầu tư nắm giữ đến ngày đáo hạn (HTM)1.2. Gains from held to maturity investments	331,985,336,000	181,719,365,000	180,795,295,000	121,946,607,000
1.3. Lãi từ các khoản cho vay và phải thu1.3. Interest income from loans and receivables	1,423,116,840,000	1,056,131,146,000	664,739,708,000	767,597,558,000
1.4. Lãi từ các tài sản tài chính sẵn sàng để bán (AFS)1.4. Gains from available-for-sale financial assets (AFS)	129,781,478,000	174,889,281,000	149,791,281,000	1,590,600,000
1.5. Lãi từ các công cụ phái sinh phòng ngừa rủi ro1.5. Gains from hedging derivative tools	-	-	-	-
1.6. Doanh thu môi giới chứng khoán1.6. Revenue from brokerage services	923,466,458,000	628,154,572,000	614,616,031,000	716,773,378,000
- Doanh thu hoạt động đầu tư chứng khoán, góp vốn- Revenue from securities investment and capital contribution	-	-	-	-
1.7. Doanh thu bảo lãnh phát hành, đại lý phát hành chứng khoán1.7. Revenue from share issue guarantee and agency activities	553,222,000	200,000,000	-	-
- Doanh thu quản lý danh mục đầu tư cho người uỷ thác đầu tư- Revenue from investment portfolio management services	-	-	-	-
1.8. Doanh thu hoạt động tư vấn1.8. Revenue from investment advisory services	9,946,288,000	25,597,144,000	17,213,525,000	38,774,350,000
1.9. Doanh thu hoạt động ủy thác đấu giá1.9. Revenue from entrusted auction services	-	-	-	-
1.10. Doanh thu lưu ký chứng khoán1.10. Revenue from securities custody services	41,902,196,000	28,817,062,000	21,420,350,000	21,678,432,000
- Doanh thu cho thuê sử dụng tài sản- Revenue from property lease	-	-	-	-
1.11. Thu nhập hoạt động khác1.11. Other revenue	59,707,185,000	41,625,341,000	26,518,904,000	63,780,295,000
Các khoản giảm trừ doanh thuDeductions	-	-	-	-
Cộng doanh thu hoạt động (01->11)Revenue from securities business (01->11)	3,639,425,145,000	3,120,367,476,000	1,815,958,754,000	1,958,363,555,000
Doanh thu thuầnNet sales	3,639,425,145,000	3,120,367,476,000	1,815,958,754,000	1,958,363,555,000
II. CHI PHÍ HOẠT ĐỘNGOPERATING EXPENSES	-	-	-	-
2.1. Lỗ các tài sản tài chính ghi nhận thông qua lỗ (FVTPL)2.1. Loss from financial assets at fair value through profit or loss (FVTPL)	378,129,893,000	797,146,221,000	31,082,486,000	91,803,847,000
a. Lỗ bán các tài sản tài chínha. Loss from disposals of financial assets at FVTPL	341,533,024,000	794,146,495,000	30,579,771,000	91,838,724,000
b. Chênh lệch giảm đánh giá lại các TSTC thông qua lãi/lỗb. Loss from revaluation of financial assets at FVTPL	27,776,023,000	-35,992,000	-711,158,000	-2,104,583,000
c. Chi phí giao dịch mua các tài sản tài chính (FVTPL)c. Transaction cost of acquisition of financial assets at FVTPL	5,365,688,000	2,789,095,000	1,204,839,000	2,068,709,000
d. Chênh lệch tăng do đánh giá lại phải trả chứng quyền đang lưu hànhd. Loss from revaluation of outstanding covered warrant payables	3,455,158,000	246,622,000	9,034,000	997,000
2.2. Lỗ các khoản đầu tư năm giữ đến ngày đáo hạn (HTM)2.2. Loss from held to maturity investments	-	-	-	-
2.3. Chi phí lãi vay, lỗ từ các khoản cho vay và phải thu2.3. Interest expenses, losses from loans and receivables	-	-	-	-
2.4 Lỗ bán các tài sản tài chính sẵn sàng để bán (AFS)2.4. Selling loss available-for-sale financial assets (AFS)	-	-	-	761,412,000
Chi phí dự phòng TSTC, xử lý tổn thất các khoản phải thu khó đòi và lỗ suy giảm TSTC và chi phí đi vay của các khoản cho vay(Reversal)/provision expenses for diminution in value and impairment of financial assets and doubtful debts and borrowing costs of loans	-105,482,482,000	43,620,280,000	7,494,275,000	-
2.5. Lỗ từ các tài sản tài chính phái sinh phòng ngừa rủi ro2.5. Loss from hedging derivative tools	-	-	-	-
2.6. Chi phí hoạt động tự doanh2.6. Expenses for proprietary trading activities	30,544,610,000	15,632,447,000	25,632,760,000	44,184,672,000
2.7. Chi phí môi giới chứng khoán2.7. Expenses for brokerage services	766,107,385,000	517,456,607,000	479,006,018,000	539,113,669,000
2.8. Chi phí hoạt động bảo lãnh, đại lý phát hành chứng khoán2.8. Expenses for underwriting and issurance agency services	1,500,000	1,500,000	18,572,000	836,614,000
2.9. Chi phí tư vấn2.9. Expenses for financial advisory services	4,362,996,000	12,359,880,000	8,087,986,000	26,612,524,000
2.10. Chi phí hoạt động đấu giá, ủy thác2.10. Expenses of auction and trust activities	-	-	-	-
2.11. Chi phí lưu ký chứng khoán2.11. Expenses for secutiries custodian services	34,463,147,000	23,368,752,000	20,241,001,000	20,436,626,000
2.12. Chi phí khác2.12. Other expenses	775,900,000	211,600,000	-61,656,000	2,137,020,000
Trong đó: Chi phí sửa lỗi giao dịch chứng khoán, lỗi khácIn which: Expenses fixing trading error, other error	-	-	-	-
- Chi phí trực tiếp hoạt động kinh doanh chứng khoán- Direct operating expenses	-	-	-	-
- Chi phí dự phòng chứng khoán- Securities provision expenses/(income from reversal of provision)	-	-	-	-
Cộng chi phí hoạt động (21->33)Operating expenses (21->33)	1,108,902,951,000	1,409,797,287,000	571,501,442,000	725,886,384,000
Lợi nhuận gộp của hoạt động kinh doanhGross profit	2,530,522,195,000	1,710,570,189,000	1,244,457,312,000	1,232,477,170,000
III. DOANH THU HOẠT ĐỘNG TÀI CHÍNHFinancial income	-	-	-	-
3.1. Chênh lệch lãi tỷ giá hối đoái đã và chưa thực hiện3.1. Realized and unrealized gain from changes in foreign exchange rates	78,000	102,000	168,000,000	2,821,975,000
3.2. Doanh thu, dự thu cổ tức, lãi tiền gửi không cố định phát sinh trong kỳ3.2. Dividends, interest income from demand deposits	6,699,818,000	6,138,724,000	4,674,889,000	4,436,435,000
3.3. Lãi bán, thanh lý các khoản đầu tư vào công ty con, liên kết, liên doanh3.3. Gains from disposal investments in subsidiaries, associates, joint-ventures	-	-	-	-
3.4. Doanh thu khác về đầu tư3.4. Other income about investment	-	-	-	-
Cộng doanh thu hoạt động tài chính (41->44)Total financial income (41->44)	6,699,895,000	6,138,826,000	4,842,889,000	7,258,409,000
IV. CHÍ PHÍ TÀI CHÍNHFINANCIAL EXPENSES	-	-	-	-
4.1. Chênh lệch lỗ tỷ giá hối đoái đã và chưa thưc hiện4.1. Realized and unrealized loss from changes in foreign exchange rates	-	11,000	2,827,138,000	5,657,867,000
4.2. Chi phí lãi vay4.2. Borrowing costs	844,353,982,000	541,247,874,000	369,768,493,000	393,221,026,000
4.3. Lỗ bán, thanh lý các khoản đầu tư vào công ty con, liên kết, liên doanh4.3. Loss from disposal investments in subsidiaries, associates, joint-ventures	-	-	-	-
4.4. Chi phí đầu tư khác4.4. Other investment expenses	-	-	-	-
Cộng chi phí tài chính (51->54)Total financial expenses (51->54)	844,353,982,000	541,247,885,000	372,595,631,000	398,878,893,000
V. CHI PHÍ BÁN HÀNGSELLING EXPENSES	15,851,036,000	9,975,188,000	3,217,557,000	4,699,040,000
VI. CHI PHÍ QUẢN LÝ CÔNG TY CHỨNG KHOÁNVI. General and Administrative expenses	280,734,158,000	239,698,441,000	162,451,132,000	187,503,478,000
VII. KẾT QUẢ HOẠT ĐỘNGVII. Net profit from securities business (20+50-40-60-61-62)	1,396,282,915,000	925,787,502,000	711,035,881,000	648,654,168,000
VIII. THU NHẬP KHÁC VÀ CHI PHÍ KHÁCOther income and expenses	-	-	-	-
8.1. Thu nhập khác8.1. Other incomes	18,882,265,000	4,860,628,000	5,591,876,000	12,011,919,000
8.2. Chi phí khác8.2. Other expenses	158,848,000	4,079,000	480,967,000	97,245,000
Cộng kết quả hoạt động khácOther profit	18,723,417,000	4,856,549,000	5,110,909,000	11,914,674,000
Lãi/lỗ từ công ty liên doanh, liên kếtShare of associates and joint ventures' result	-	-	-	-
IX. TỔNG LỢI NHUẬN KẾ TOÁN TRƯỚC THUẾIX. Profit before tax	1,415,006,332,000	930,644,051,000	716,146,790,000	660,568,843,000
9.1. Lợi nhuận đã thực hiện9.1. Realised profit	1,433,190,145,000	921,006,077,000	705,326,899,000	669,806,674,000
9.2. Lợi nhuận chưa thực hiện9.2. Unrealised profit	-18,183,814,000	9,637,974,000	10,819,891,000	-9,237,832,000
X. CHI PHÍ THUẾ THU NHẬP DOANH NGHIỆPCORPORATE INCOME TAX	284,133,335,000	187,090,868,000	132,130,399,000	146,363,189,000
10.1. Chi phí thuế TNDN hiện hành10.1. Current corporate income tax expenses	275,779,864,000	188,516,830,000	141,032,750,000	148,210,756,000
10.2. Chi phí thuế TNDN hoãn lại10.2. Deferred income tax expenses	8,353,470,000	-1,425,962,000	-8,902,351,000	-1,847,566,000
XI. LỢI NHUẬN KẾ TOÁN SAU THUẾ TNDNXI. Net profit after tax	1,130,872,997,000	743,553,183,000	584,016,390,000	514,205,653,000
11.1. Lợi nhuận sau thuế phân bổ cho chủ sở hữu11.1. Profit after tax for shareholders of the parents company	1,130,872,997,000	743,553,183,000	584,016,390,000	514,205,653,000
11.2. Lợi nhuận sau thuế trích các Quỹ (Quỹ dự trữ điều lệ, Quỹ Dự phòng tài chính và rủi ro nghề nghiệp theo quy định của Điều lệ Công ty là %)11.2. Profit after tax taken from funds	-	-	-	-
11.3. Lợi nhuận thuần phân bổ cho lợi ích cổ đông không kiểm soát11.3. Profit after tax attribute to non-controling interest	-	-	-	-
XII. THU NHẬP (LỖ) TOÀN DIỆN KHÁC SAU THUẾ TNDNOTHER COMPREHENSIVE INCOME AFTER TAX	-	-	-	-
12.1. Lãi/(Lỗ) từ đánh giá lại các khoản đầu tư giữ đến ngày đáo hạn12.1. Gains/Loss from revaluation of held to maturity investments	-	-	-	-
12.2.Lãi/(Lỗ) từ đánh giá lại các tài sản tài chính sẵn sàng để bán12.2. Gains/Loss from revaluation of availables-for-sale financial assets	-	-	-	-
12.3. Lãi (lỗ) toàn diện khác được chia từ hoạt động đầu tư vào công ty con, đầu tư liên kết, liên doanh12.3. Other total gains/loss are dividend from investments in subsidiaries, associates, joint-ventures	-	-	-	-
12.4. Lãi/(Lỗ) từ đánh giá lại các công cụ tài chính phái sinh12.4. Gains/Loss from revaluation of derivative financial tools	-	-	-	-
12.5. Lãi/(lỗ) chênh lệch tỷ giá của hoạt động tại nước ngoài12.5. Gains/Loss from realized and unrealized loss from changes in foreign exchange rates	-	-	-	-
12.6. Lãi, lỗ từ các khoản đầu tư vào công ty con. Công ty liên kết, liên doanh chưa chia12.6. Gains/Loss from investments in subsidiaries, associates, joint-ventures are not yet divided	-	-	-	-
12.7. Lãi, lỗ đánh giá công cụ phái sinh12.7. Gains/Loss from revaluation of derivative tools	-	-	-	-
12.8. Lãi, lỗ đánh giá lại tài sản cố định theo mô hình giá trị hợp lý12.8. Gains/Loss from revaluation fixed assets by reasonable value model	-	-	-	-
Tổng thu nhập toàn diệnTotal other comprehensive income	-	-	-	-
Thu nhập toàn diện phân bổ cho chủ sở hữuOther comprehensive income attribute to the Parent Company's owners	-	-	-	-
Thu nhập toàn diện phân bổ cho cổ đông không nắm quyền kiểm soátOther comprehensive income attribute to non-controling interest	-	-	-	-
XIII. THU NHẬP THUẦN TRÊN CỔ PHIẾU PHỔ THÔNGXIII. NET INCOME APPROPRIATED TO ORDINARY SHAREHOLDERS	1,063,020,617,000	698,939,992,000	-	1,000
13.1.Lãi cơ bản trên cổ phiếu (Đồng/1 cổ phiếu) (VNÐ)13.1. Earning per share (VND)	1,633	1,346	1,254	1,439
13.2.Thu nhập pha loãng trên cổ phiếu (Đồng/1 cổ phiếu)13.2. Diluted earning 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.

MBS

MB Securities Joint Stock Company

Interactive Stock Chart

Listing Information

Capital Structure

Professional Advisors & Auditors

Independent Auditing History

IPO & Listing Consultant

Detailed Corporate Timeline & Sectors

Key Financial Ratios (2025)

Historical Financial Metrics (YoY)

Financial Ratios Reference & Interpretation Guide

Audited Financial Statements

MBS — Financial Data Summary (2022–2025)

Executive Summary

Operating Performance & Profitability

Asset Structure & Financial Leverage

Cash Flow Quality