See more : Altri, SGPS, S.A. (ALTR.LS) 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.
You may be interested
- Talanx AG (TLLXY) Income Statement Analysis – Financial Results
- ChipMOS TECHNOLOGIES INC. (CPIA.F) Income Statement Analysis – Financial Results
- Highland Surprise Consolidated Mining Co. (HSCM) Income Statement Analysis – Financial Results
- Burger Fuel Group Limited (BFG.NZ) Income Statement Analysis – Financial Results
- Savezone I&C Corporation (067830.KS) Income Statement Analysis – Financial Results
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 Begins Canadian Deliveries of VF 9 All-Electric
MARKHAM, Ontario--(BUSINESS WIRE)--VinFast Auto has officially commenced delivery of its flagship VF 9 all-electric, 7-passenger, 3-row dual motor all-wheel drive SUV to Canadian customers. This launch reinforces VinFast's commitment to establishing a foothold in one of the world's most competitive...
Is VinFast the Next Fisker?
VinFast faces incredible, and expensive, challenges as it expands from its homeland, but it has one huge reason to remain hopeful it won't become the next Fisker.
Loss-making EV firm VinFast to get $3.4 bln more funding from founder, parent company
Nasdaq-listed electric vehicle maker VinFast said on Wednesday it will get a fresh round of funding worth 85 trillion dong ($3.35 billion) from its founder and its parent firm, Vingroup by 2026, when it expects to break even.
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of VinFast Auto Ltd. - VFS
NEW YORK , Nov. 10, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of VinFast Auto Ltd. ("VinFast" or the "Company") (NASDAQ: VFS).
A Little Good News for VinFast Investors
VinFast has some good news for investors looking to fund its expansion plans.
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of VinFast Auto Ltd. - VFS
NEW YORK, NY / ACCESSWIRE / November 8, 2024 / Pomerantz LLP is investigating claims on behalf of investors of VinFast Auto Ltd. ("VinFast" or the "Company") (NASDAQ:VFS).
The VinFast VF 8 – The Ideal Car for a 'What-If' Family
MARKHAM, Ontario--(BUSINESS WIRE)--In Canada's auto market, the VinFast VF 8 stands out as a mid-size electric vehicle crafted with family needs in mind. Offering spacious interiors, smart technology, and eco-friendly efficiency, it's designed to handle the everyday demands and “what-if”...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of VinFast Auto Ltd. - VFS
NEW YORK CITY, NY / ACCESSWIRE / November 6, 2024 / Pomerantz LLP is investigating claims on behalf of investors of VinFast Auto Ltd. ("VinFast" or the "Company") (NASDAQ:VFS).
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of VinFast Auto Ltd. - VFS
NEW YORK, NY / ACCESSWIRE / November 4, 2024 / Pomerantz LLP is investigating claims on behalf of investors of VinFast Auto Ltd. ("VinFast" or the "Company") (NASDAQ:VFS).
VINFAST AND DURANGO DRIVERS' UNION SIGN STRATEGIC MOU ON GREEN TRANSITION OF PUBLIC TRANSPORT IN MEXICO
HANOI, Vietnam , Nov. 4, 2024 /PRNewswire/ -- VinFast and the Durango Drivers' Union in Mexico signed a Memorandum of Understanding (MOU) to collaborate on the green transition of public transport, including t he potential purchase of 3,000 VF...
Source: https://incomestatements.info
Category: Stock Reports