1. What is HSC’s official name? Is there any other name?
HSC’s official name in Vietnamese is Công ty Cổ phần Chứng khoán Thành phố Hồ Chí Minh and in English is Ho Chi Minh City Securities Corporation.
Abbreviated name: HSC
Ticker symbol: HCM (HOSE)
2. Where is HSC’s head office located? How many transaction offices does HSC have?
HSC’s head office is located at Level 5&6, AB Tower, 76 Le Lai, District 1, HCMC, Vietnam. The company has 6 branches and transaction offices nationwide. Please see the details here.
3. What is HSC’s ticker symbol and what exchange is it traded on?
HSC’s ticker symbol is HCM and traded on Ho Chi Minh City Stock Exchange (HOSE).
4. How many shares of HSC are currently outstanding?
As of 30th June, 2014, the number of HSC’s listed shares was 127,256,758, in which there were 127,229,616 outstanding shares.
5. How many type of shares does HSC have?
All HSC’s shares are common shares.
6. How can I buy HSC’s stocks?
To be most convenient, investors can buy HSC’s stocks by opening a transaction account and placing HCM buying orders at HSC. Information related to account opening and transaction can be found here. Otherwise, investors can open transaction account and place orders buying HCM at other securities companies.
7. How can I observe information about HSC’s common stock price?
Shareholders can observe information about HSC’s common stock price here or on HOSE’s and HSC’s stock board.
8. Does HSC pay dividends for common stocks?
HSC pays dividends for common stocks annually, with payout ratio based on decision of Annual General Meeting of Shareholders. Since listed in 2009, HSC has remained its dividend payout ratio from 13% to 20% despite the economic fluctuations. You can find the dividend history here.
9. When is the next dividend payment?
General Meeting of Shareholders in fiscal year 2013 decided dividend payout ratio in 2014 would be 12% (equivalent to 1,200VND/share); payment method would be cash dividend, and the time of payment would be based on realistic situation chosen by HSC’s Board of Directors.
10. How can I get dividend payment?
The dividend payment will be transferred to your account at the securities firm where you purchased HCM stocks.
11. Where does a shareholder who has not deposited his/ her shares receive his/her cash dividend?
Shareholders can receive cash dividend at Accounting Department of the Company or ask the Company to transfer into the Shareholder’s account and the Shareholder will pay transfer fees.
12. In case a shareholder who has not deposited his/her shares lose his/ her Share Certificate, will HSC issue a new one for them?
The Company will issue a new Certificate provided that the Shareholder must (1) present sufficient evidence for his/her ownership of the Share certificate; (2) have confirmation of the authority about such loss; and (3) pay to the Company all costs and expenses arising from such regard.
13. How do I get a copy of HSC’s annual report?
Investors can download online version of the annual report here; or send request to email@example.com or call to 08 3823 3299.
14. Where can I access to financial information of HSC?
Shareholders can get financial information of HSC by accessing here.
15. Who is HSC’ independent auditor?
Based on the certain situation of the company each year, the General Meeting of Shareholders will authorize the Board of Directors to choose an independent auditor from a list of big four auditors accredited by SSC to audit the Company’s annual financial statements and review its quarterly financial statements, including:
- Ernst & Young Vietnam Limited
- KPMG Vietnam Limited
- Price Waterhouse Coopers Vietnam Limited
- Deloitte Vietnam Limited
In 2014, Ernst & Young Vietnam Limited is the independent auditor of HSC.
16. What has HSC done to commit a sustainable development, corporate governance and community engagement?
As a leading financial firm in Vietnam’s developing market, HSC endeavors to actively and positively contribute to the development of Vietnamese economy and society. We always strive to help nurture the structures and resources to contribute to the community as well as HSC in the future. Also we are a pioneer in constructing and implementing best practices in order to maximize effective corporate governance. The Company’s ultimate goal is to bring utilities to our shareholders and the entire economy. Please access this link to see HSC’s commitment to a sustainable development and this link to capture corporate governance.
17. What is the proportion of domestic investors to foreign investors of HSC?
The proportion of domestic investors to foreign investors of HSC was 51%:49% as of May 8th, 2014.
18. Does HSC aim to be a fund management company or a big financial corporation in the future?
HSC has affirmed to be one of the leading and pioneering securities firms in Vietnam market by participating in new product construction and contributing to the market mechanism improvement. We proudly believe that we can gain similar success as industry leaders in regional and global financial markets. HSC is on its way to become a professional financial institution according to international standards in the future.
19. In 2013, how much did brokerage and sales contribute to the company’s profit?
In the company’s profit structure of the fiscal year 2013, profit from brokerage and sales accounted for 31% of the total HSC’s profit, making HSC one of the few securities firms that lead both individual and institutional brokerage segment. This is a huge advantage promoting HSC to be a successful brokerage house that has two distribution networks mutually complement each other, through which allowing the Company to maintain stable business when these two sectors fluctuate in different directions.
20. What is HSC’s plan and its implementation of revenue and profit program in 2014?
Total revenue of HSC in 2014 is predicted to increase 17% than in 2013. Net profit is expected to be VND 341 billion, increased 21% compared to 2013. Audited reports of the first half 2014 reveal that HSC’s revenue gained VND 422,512,100,437, equivalent to 57% of 2014 plan; and net profit was VND 214,997,700,251, equivalent to 63% of 2014 plan.
The implementation of HSC’s revenue and profit plan shows positive signals that would satisfy investors’ expectation.
21. How much is HCM’s earning per share at the end of 2013?
At the end of 2013, EPS of HCM reached VND 2,241 (calculated on the average outstanding 126 million shares), and P/E ratio reached 11 times.
22. What requirements did HSC meet to be chosen in VN30 index in the second review result in 2014?
The HOSE’s VN30-Index is assessed based on the market capitalization formula. It consists of 30 listed stocks representing the top 30 enterprises which make up about 80% of market capitalization and 60% of market trading value of the entire market. In order to be listed in the VN30-Index, the chosen stock must fulfill requirements of stock index and 3 selection criteria regarding the market capitalization, free-float and transaction value. The top 30 qualified stocks will be ranked on the basis of highest market capitalization (free float) and liquidity.
With charter capital of over VND 1,273 billion and holding the largest brokerage market share in Vietnam, HSC is proud to be one of the leading securities firms nationwide that generates significant profits for shareholders and investors.
23. What has HSC done to increase its corporate transparency?
As a pioneer and leader company in securities sector, HSC has realized its responsibility to increase the publicity and transparency in the company’s activities. HSC has always complied with existing regulations in corporate governance and disclosed information fully and timely. Moreover, the company has also positively built up investor information channel such as direct emails, analyst briefings, etc. On the other side, HSC’s annual reports have been awarded continuously by many professional domestic and international organizations. These awards help recognize HSC’s efforts in implementing transparency standards and providing the shareholders and customers with information of corporate governance, operation and finance activities. To get further information, please click here.