{"id":2476,"date":"2026-04-04T18:50:51","date_gmt":"2026-04-04T18:50:51","guid":{"rendered":"https:\/\/taichinhphowall.com\/index.php\/2026\/04\/04\/tcbs-he-lo-chien-luoc-2026-dat-muc-tieu-loi-nhuan-7-500-ty-va-ke-hoach-tang-von-khung-don-song-nang-hang\/"},"modified":"2026-04-04T18:50:51","modified_gmt":"2026-04-04T18:50:51","slug":"tcbs-he-lo-chien-luoc-2026-dat-muc-tieu-loi-nhuan-7-500-ty-va-ke-hoach-tang-von-khung-don-song-nang-hang","status":"publish","type":"post","link":"https:\/\/taichinhphowall.com\/index.php\/2026\/04\/04\/tcbs-he-lo-chien-luoc-2026-dat-muc-tieu-loi-nhuan-7-500-ty-va-ke-hoach-tang-von-khung-don-song-nang-hang\/","title":{"rendered":"TCBS h\u00e9 l\u1ed9 chi\u1ebfn l\u01b0\u1ee3c 2026: \u0110\u1eb7t m\u1ee5c ti\u00eau l\u1ee3i nhu\u1eadn 7.500 t\u1ef7 v\u00e0 k\u1ebf ho\u1ea1ch t\u0103ng v\u1ed1n &#8220;kh\u1ee7ng&#8221; \u0111\u00f3n s\u00f3ng n\u00e2ng h\u1ea1ng"},"content":{"rendered":"<div>\n<p>CTCP Ch\u1ee9ng kho\u00e1n K\u1ef9 Th\u01b0\u01a1ng (Techcom Securities, TCBS) v\u1eeba c\u00f4ng b\u1ed1 t\u00e0i li\u1ec7u cho \u0110\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng th\u01b0\u1eddng ni\u00ean 2026, d\u1ef1 ki\u1ebfn di\u1ec5n ra v\u00e0o ng\u00e0y 25\/4 t\u1edbi \u0111\u00e2y, ph\u00e1c th\u1ea3o m\u1ed9t k\u1ebf ho\u1ea1ch kinh doanh \u0111\u1ea7y tham v\u1ecdng. Theo \u0111\u00f3, c\u00f4ng ty \u0111\u1eb7t m\u1ee5c ti\u00eau l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf <strong>7.535 t\u1ef7 \u0111\u1ed3ng<\/strong> v\u00e0 tr\u00ecnh l\u00e0ng k\u1ebf ho\u1ea1ch t\u0103ng v\u1ed1n \u0111i\u1ec1u l\u1ec7 l\u00ean g\u1ea7n <strong>28.000 t\u1ef7 \u0111\u1ed3ng<\/strong>, c\u1ee7ng c\u1ed1 v\u1ecb th\u1ebf d\u1eabn \u0111\u1ea7u trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam \u0111\u1ee9ng tr\u01b0\u1edbc c\u01a1 h\u1ed9i n\u00e2ng h\u1ea1ng l\u1ecbch s\u1eed.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/taichinhphowall.com\/wp-content\/uploads\/2026\/04\/image-SG6vyBobG6oWNoIGzhu6NpIG5odeG6.png\" alt=\"tin t\u1ee9c t\u00e0i ch\u00ednh\" style=\"width:100%; border-radius:8px;\" \/><\/p>\n<h2>T\u0103ng tr\u01b0\u1edfng th\u1ef1c ch\u1ea5t 18% v\u00e0 t\u1ea7m nh\u00ecn trong m\u00f4i tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng<\/h2>\n<p>Tr\u00ean b\u1ec1 m\u1eb7t, k\u1ebf ho\u1ea1ch kinh doanh 2026 c\u1ee7a TCBS \u0111\u1ec1 ra m\u1ee5c ti\u00eau t\u1ed5ng doanh thu <strong>13.227 t\u1ef7 \u0111\u1ed3ng<\/strong> (t\u0103ng 17%) v\u00e0 l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf <strong>7.535 t\u1ef7 \u0111\u1ed3ng<\/strong> (t\u0103ng 6%) so v\u1edbi n\u0103m 2025. Tuy nhi\u00ean, gi\u1edbi ph\u00e2n t\u00edch Ph\u1ed1 Wall ch\u1ec9 ra r\u1eb1ng, con s\u1ed1 t\u0103ng tr\u01b0\u1edfng th\u1ef1c ch\u1ea5t \u1ea5n t\u01b0\u1ee3ng h\u01a1n nhi\u1ec1u. N\u1ebfu lo\u1ea1i b\u1ecf kho\u1ea3n thu nh\u1eadp b\u1ea5t th\u01b0\u1eddng 726 t\u1ef7 \u0111\u1ed3ng trong qu\u00fd 4\/2025, m\u1ee9c t\u0103ng tr\u01b0\u1edfng c\u1ed1t l\u00f5i c\u1ee7a doanh thu v\u00e0 l\u1ee3i nhu\u1eadn n\u0103m 2026 s\u1ebd l\u1ea7n l\u01b0\u1ee3t l\u00e0 <strong>26% v\u00e0 18%<\/strong>.<\/p>\n<p>K\u1ebf ho\u1ea1ch n\u00e0y \u0111\u01b0\u1ee3c x\u00e2y d\u1ef1ng tr\u00ean m\u1ed9t l\u0103ng k\u00ednh th\u1eadn tr\u1ecdng v\u1ec1 kinh t\u1ebf v\u0129 m\u00f4. Ban l\u00e3nh \u0111\u1ea1o TCBS nh\u1eadn \u0111\u1ecbnh th\u1ebf gi\u1edbi n\u0103m 2026 s\u1ebd \u0111\u1ed1i m\u1eb7t v\u1edbi &#8220;c\u01a1n gi\u00f3 ng\u01b0\u1ee3c&#8221; t\u1eeb ph\u00e2n m\u1ea3nh \u0111\u1ecba ch\u00ednh tr\u1ecb, c\u0103ng th\u1eb3ng th\u01b0\u01a1ng m\u1ea1i v\u00e0 \u00e1p l\u1ef1c n\u1ee3 c\u00f4ng. T\u1ea1i Vi\u1ec7t Nam, d\u00f9 n\u1ec1n kinh t\u1ebf duy tr\u00ec \u0111\u00e0 t\u0103ng tr\u01b0\u1edfng b\u1ec1n v\u1eefng, nh\u1eefng th\u00e1ch th\u1ee9c nh\u01b0 \u00e1p l\u1ef1c t\u1ef7 gi\u00e1 v\u00e0 l\u1ea1m ph\u00e1t v\u1eabn hi\u1ec7n h\u1eefu. D\u00f9 v\u1eady, TCBS k\u1ef3 v\u1ecdng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n s\u1ebd l\u00e0 \u0111i\u1ec3m s\u00e1ng, h\u01b0\u1edfng l\u1ee3i tr\u1ef1c ti\u1ebfp t\u1eeb s\u1ef1 ki\u1ec7n n\u00e2ng h\u1ea1ng d\u1ef1 ki\u1ebfn v\u00e0o th\u00e1ng 9\/2026, c\u00f9ng v\u1edbi vi\u1ec7c ho\u00e0n thi\u1ec7n h\u1ea1 t\u1ea7ng v\u00e0 ph\u00e1p l\u00fd.<\/p>\n<h2>Tham v\u1ecdng v\u1ed1n h\u00f3a v\u00e0 chi\u1ebfn l\u01b0\u1ee3c &#8220;b\u01a1m&#8221; v\u1ed1n l\u00ean g\u1ea7n 28.000 t\u1ef7 \u0111\u1ed3ng<\/h2>\n<p>\u0110\u1ec3 n\u1eafm b\u1eaft c\u01a1 h\u1ed9i v\u00e0 c\u1ee7ng c\u1ed1 &#8220;b\u1ed9 \u0111\u1ec7m&#8221; t\u00e0i ch\u00ednh, H\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb TCBS s\u1ebd tr\u00ecnh c\u1ed5 \u0111\u00f4ng hai ph\u01b0\u01a1ng \u00e1n t\u0103ng v\u1ed1n l\u1edbn.<br \/>\n<br \/>\nTh\u1ee9 nh\u1ea5t, c\u00f4ng ty d\u1ef1 ki\u1ebfn ph\u00e1t h\u00e0nh <strong>462 tri\u1ec7u c\u1ed5 phi\u1ebfu<\/strong> \u0111\u1ec3 tr\u1ea3 c\u1ed5 t\u1ee9c cho n\u0103m 2024 theo t\u1ef7 l\u1ec7 <strong>20%<\/strong> (c\u1ed5 \u0111\u00f4ng s\u1edf h\u1eefu 5 c\u1ed5 phi\u1ebfu \u0111\u01b0\u1ee3c nh\u1eadn 1 c\u1ed5 phi\u1ebfu m\u1edbi). N\u1ebfu th\u00e0nh c\u00f4ng, v\u1ed1n \u0111i\u1ec1u l\u1ec7 s\u1ebd t\u0103ng th\u00eam 4.623 t\u1ef7 \u0111\u1ed3ng.<br \/>\n<br \/>\nTh\u1ee9 hai, TCBS s\u1ebd tri\u1ec3n khai ch\u01b0\u01a1ng tr\u00ecnh ESOP 2026, ch\u00e0o b\u00e1n 556.000 c\u1ed5 phi\u1ebfu v\u1edbi gi\u00e1 \u01b0u \u0111\u00e3i 10.000 \u0111\u1ed3ng\/c\u1ed5 phi\u1ebfu.<br \/>\n<br \/>\nSau khi ho\u00e0n t\u1ea5t hai ph\u01b0\u01a1ng \u00e1n, v\u1ed1n \u0111i\u1ec1u l\u1ec7 c\u1ee7a TCBS d\u1ef1 ki\u1ebfn \u0111\u1ea1t <strong>27.739 t\u1ef7 \u0111\u1ed3ng<\/strong>, ti\u1ebfp t\u1ee5c kh\u1eb3ng \u0111\u1ecbnh v\u1ecb th\u1ebf l\u00e0 m\u1ed9t trong nh\u1eefng c\u00f4ng ty ch\u1ee9ng kho\u00e1n c\u00f3 quy m\u00f4 v\u1ed1n l\u1edbn nh\u1ea5t th\u1ecb tr\u01b0\u1eddng.<\/p>\n<h2>N\u1ec1n t\u1ea3ng v\u1eefng ch\u1eafc t\u1eeb k\u1ebft qu\u1ea3 kinh doanh k\u1ef7 l\u1ee5c 2025<\/h2>\n<p>Tham v\u1ecdng c\u1ee7a TCBS \u0111\u01b0\u1ee3c x\u00e2y d\u1ef1ng tr\u00ean m\u1ed9t n\u1ec1n t\u1ea3ng t\u00e0i ch\u00ednh v\u00f4 c\u00f9ng v\u1eefng ch\u1eafc. N\u0103m 2025, c\u00f4ng ty \u0111\u00e3 ghi nh\u1eadn k\u1ebft qu\u1ea3 kinh doanh k\u1ef7 l\u1ee5c v\u1edbi l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf <strong>7.109 t\u1ef7 \u0111\u1ed3ng<\/strong> (t\u0103ng 48%), \u0111\u00e1nh d\u1ea5u n\u0103m th\u1ee9 7 li\u00ean ti\u1ebfp gi\u1eef ng\u00f4i v\u01b0\u01a1ng l\u1ee3i nhu\u1eadn ng\u00e0nh ch\u1ee9ng kho\u00e1n. C\u00e1c ch\u1ec9 s\u1ed1 hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng \u0111\u1ec1u \u1edf m\u1ee9c \u0111\u00e1ng m\u01a1 \u01b0\u1edbc: bi\u00ean l\u1ee3i nhu\u1eadn r\u00f2ng <strong>50,7%<\/strong>, ROE <strong>16,7%<\/strong>, v\u00e0 t\u1ef7 l\u1ec7 chi ph\u00ed tr\u00ean thu nh\u1eadp (CIR) ch\u1ec9 \u1edf m\u1ee9c <strong>13,7%<\/strong>. \u0110\u1eb7c bi\u1ec7t, t\u1ef7 l\u1ec7 an to\u00e0n v\u1ed1n (CAR) l\u00ean t\u1edbi <strong>490%<\/strong>, t\u1ea1o ra m\u1ed9t l\u00e1 ch\u1eafn an to\u00e0n v\u00e0 ngu\u1ed3n l\u1ef1c d\u1ed3i d\u00e0o cho c\u00e1c k\u1ebf ho\u1ea1ch t\u0103ng tr\u01b0\u1edfng trong t\u01b0\u01a1ng lai.<\/p>\n<p style=\"text-align:right;\"><em>Bi\u00ean t\u1eadp: Ph\u1ed1 Wall (Theo cafef.vn)<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>CTCP Ch\u1ee9ng kho\u00e1n K\u1ef9 Th\u01b0\u01a1ng (Techcom Securities, TCBS) v\u1eeba c\u00f4ng b\u1ed1 t\u00e0i li\u1ec7u cho \u0110\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng th\u01b0\u1eddng ni\u00ean 2026, d\u1ef1 ki\u1ebfn di\u1ec5n ra v\u00e0o ng\u00e0y 25\/4 t\u1edbi \u0111\u00e2y, ph\u00e1c th\u1ea3o m\u1ed9t k\u1ebf ho\u1ea1ch kinh doanh \u0111\u1ea7y tham v\u1ecdng. Theo \u0111\u00f3, c\u00f4ng ty \u0111\u1eb7t m\u1ee5c ti\u00eau l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf 7.535 t\u1ef7 \u0111\u1ed3ng [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[],"class_list":["post-2476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-doanh-nghiep-va-doanh-nhan"],"_links":{"self":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/2476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/comments?post=2476"}],"version-history":[{"count":0,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/2476\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media\/2381"}],"wp:attachment":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media?parent=2476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/categories?post=2476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/tags?post=2476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}