See more : Irish Continental Group plc (IR5B.IR) Income Statement Analysis – Financial Results
Complete financial analysis of VinFast Auto Ltd. (VFS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of VinFast Auto Ltd., a leading company in the Auto – Manufacturers industry within the Consumer Cyclical sector.
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VinFast Auto Ltd. (VFS)
About VinFast Auto Ltd.
VinFast Auto Ltd., an automotive manufacturer, engages in Automobiles and E-scooter related business in Vietnam and the United States. The company operates through Automobiles, E-scooter, Spare Parts, and Aftermarket Services segments. The Automobiles segment offers design, development, manufacturing, and sale of cars and electric buses. The E-scooter segment provides design, development, manufacturing, and sales of e-scooters. The Spare Parts, and Aftermarket Services segment engages in sale of spare parts and aftermarket services for automobiles and e-scooters. VinFast Auto Ltd. is based in Hai Phong City, Vietnam. The company operates as a subsidiary of Vingroup Joint Stock Company.
| Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Revenue | 28,596.22B | 14,965.59B | 16,028.18B | 13,690.35B |
| Cost of Revenue | 41,761.58B | 27,232.50B | 25,283.96B | 20,385.48B |
| Gross Profit | -13,165.36B | -12,266.91B | -9,255.78B | -6,695.13B |
| Gross Profit Ratio | -46.04% | -81.97% | -57.75% | -48.90% |
| Research & Development | 14,516.96B | 19,939.90B | 9,255.38B | 3,929.80B |
| General & Administrative | 5,269.78B | 4,119.44B | 6,764.88B | 1,206.53B |
| Selling & Marketing | 5,661.15B | 5,213.74B | 2,203.84B | 1,346.58B |
| SG&A | 10,930.93B | 9,333.18B | 8,968.72B | 2,553.10B |
| Other Expenses | 1,633.09B | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 27,080.98B | 29,161.30B | 18,034.30B | 6,522.74B |
| Cost & Expenses | 68,827.12B | 56,393.79B | 43,318.25B | 26,908.22B |
| Interest Income | 187.64B | 83.59B | 440.28B | 248.72B |
| Interest Expense | 12,073.43B | 5,883.07B | 3,442.12B | 3,701.74B |
| Depreciation & Amortization | 6,315.69B | 6,266.51B | 4,891.37B | 4,302.21B |
| EBITDA | -42,066.33B | -35,052.26B | -22,872.19B | -9,496.13B |
| EBITDA Ratio | -147.10% | -245.24% | -142.70% | -69.36% |
| Operating Income | -40,411.07B | -42,256.36B | -27,067.40B | -13,245.52B |
| Operating Income Ratio | -141.32% | -282.36% | -168.87% | -96.75% |
| Total Other Income/Expenses | -16,929.38B | -6,645.77B | -4,942.32B | -5,616.96B |
| Income Before Tax | -57,340.45B | -48,902.13B | -32,009.72B | -18,862.48B |
| Income Before Tax Ratio | -200.52% | -326.76% | -199.71% | -137.78% |
| Income Tax Expense | 89.13B | 946.74B | 209.24B | 87.77B |
| Net Income | -57,354.81B | -49,783.80B | -32,183.73B | -18,949.89B |
| Net Income Ratio | -200.57% | -332.66% | -200.79% | -138.42% |
| EPS | -24.84K | -21.44K | -13.86K | -8.16K |
| EPS Diluted | -24.84K | -21.44K | -13.86K | -8.16K |
| Weighted Avg Shares Out | 2.31B | 2.32B | 2.32B | 2.32B |
| Weighted Avg Shares Out (Dil) | 2.31B | 2.32B | 2.32B | 2.32B |
VinFast VF 9: Raising the Bar for Electric Family SUVs in Canada
MARKHAM, Ontario--(BUSINESS WIRE)--The VinFast VF 9 is an all-electric, seven-seater SUV poised to redefine the full-size segment in Canada. With its luxurious design, spacious interior, powerful performance, and a commitment to care and sustainability, the VF 9 embodies VinFast's philosophy...
VinFast at the start of a multi-year growth story, analysts believe
VinFast Auto Ltd (NASDAQ:VFS)'s mixed third quarter earnings report marked a step in the right direction for the Vietnamese electric vehicle maker “with Mojo into 2025,” analysts at Wedbush believe. They maintain their ‘Outperform' rating and $8 price target on...
VinFast Auto: Strong Growth Stock
VinFast Auto reported better-than-expected Q3 earnings, driven by strong EV deliveries, higher revenue, and a narrowing of losses, indicating a path to profitability. The company achieved 49% Y/Y revenue growth and 115% Y/Y delivery growth, with strong domestic and international...
Vietnamese EV maker Vinfast reports $550 million Q3 loss
Vietnamese electric vehicle manufacturer VinFast reported a net loss of $550 million for the third quarter, less than the same period last year as the firm recorded an uptick in sales.
VinFast Auto Ltd. (VFS) Q3 2024 Earnings Call Transcript
VinFast Auto Ltd. (NASDAQ:VFS ) Q3 2024 Earnings Conference Call November 26, 2024 8:00 AM ET Company Participants Nhi Nguyen - IR Le Thi Thu Thuy - Chairwoman Nguyen Thi Lan Anh - CFO Conference Call Participants Andrew Sheppard -...
VinFast Reports Unaudited Third Quarter 2024 Financial Results
SINGAPORE , Nov. 26, 2024 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast" or the "Company") (Nasdaq: VFS), a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone, today announced its unaudited financial results for the third...
VinFast Stock Is Rising. The EV Maker Marked a Milestone.
Vietnamese electric-vehicle maker VinFast reported a narrower third-quarter loss than what Wall Street had expected, and outsold international rivals in its home country.
EV maker VinFast narrows Q3 losses, beats revenue estimates on strong demand
Vietnamese electric vehicle (EV) manufacturer VinFast on Tuesday reported a smaller $550 million net loss for the third quarter compared with a year earlier, helped by lower costs for materials and ramped-up production volumes.
VinFast Drives Community Support with Food Bank Initiative: Test Drive a VinFast EV, Help Provide 100,000 Meals for Those in Need
TORONTO--(BUSINESS WIRE)--As a partner of Food Banks Canada, VinFast, a leading electric vehicle (EV) brand, is excited to announce its latest initiative to support food banks across Canada. Launching on November 18 and running through December 31, 2024, VinFast's Food...
VINFAST BEGINS U.S. DELIVERIES OF VF 9 ALL-ELECTRIC WITH LIMITED-TIME SPECIAL OFFER
LOS ANGELES , Nov. 19, 2024 /PRNewswire/ -- VinFast Auto has officially commenced delivery of its flagship VF 9 all-electric, 7-passenger, 3-row SUV to U.S. customers. This launch reinforces VinFast's commitment to establishing a foothold in one of the world's...
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Category: Stock Reports