1. MARKETS
  2. SECTOR : AUTOMOBILES & AUTO PARTS MANUFACTURERS
  3. INDUSTRY : MOTOR VEHICLES
  4. VINFAST AUTO LTD.
VinFast Auto Ltd.
XNAS: VFS
3.06-0.01(-0.33%)
224.8K
XNAS Volume

XNAS 09 Oct, 2026 5:30 PM (EDT)

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My Notes

Board Meeting
The next board meeting for VinFast Auto Ltd is on 12 Oct 2026 for the purpose of VinFast Auto Ltd Second Quarter Earnings Conference Call for 2026See details

VinFast Auto Ltd quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

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Forecaster Analyst Estimates for VinFast Auto Ltd share price target, revenues, EPS, net income and more

VinFast Auto Ltd quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue VinFast Auto Ltd Mar-2026 Quarterly Revenue is $23,111,052 Million which is growth of 41.7% YoY.

  • NEGATIVE

    Quarterly Net Profit VinFast Auto Ltd Mar-2026 Quarterly Net Profit is $-28,059,960 Million which is growth of -58.8% YoY.

VinFast Auto Ltd., Earnings Report - Quarterly Results, standalone, All financials are in VND Million and price data in USD
IndicatorGraphMar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23Mar '23
Operating Rev.
23,111,05239,162,72518,100,21816,609,30916,306,37616,496,37612,326,5378,670,2387,264,46710,533,5888,254,3067,952,5311,971,626
Cost Of Rev.
40,115,94457,344,30028,267,78323,434,19922,042,86629,550,77115,284,42314,106,68710,883,95014,769,30910,721,96710,667,1535,780,396
Gross Profit
-17,004,892-18,181,575-10,167,565-6,824,890-5,736,490-13,054,395-2,957,886-5,436,449-3,619,483-4,235,721-2,467,661-2,714,622-3,808,770
⌄
5,856,71612,722,7047,219,4896,295,1856,323,6739,460,3305,163,4857,959,9886,504,1616,534,9896,454,7936,515,8017,333,503
Operating Profit
-22,861,608-30,904,279-17,387,054-13,120,075-12,060,163-22,514,725-8,121,371-13,396,437-10,123,644-10,770,710-8,922,454-9,230,423-11,142,273
-5,013,632-5,239,838-5,935,576-5,525,107-5,028,029-5,117,126-4,916,621-4,314,987-4,133,808-3,352,994-3,501,515-2,723,635-2,307,649
Profit Before Tax
-28,141,109-37,581,593-23,837,521-20,107,928-17,698,517-30,634,978-13,278,844-18,694,011-14,868,716-15,714,085-14,985,401-12,561,668-14,121,385
Tax
-33,127-45,210173,570233,677-4,748-40,167-26,90070,316-26,83997,71418,444-26,466-560
⌄
-28,059,960-37,443,968-23,952,814-20,316,088-17,671,789-30,575,583-13,227,273-18,741,226-14,819,204-15,803,482-14,986,693-12,513,485-14,093,204
Diluted NI Avail to Com Stockholders Ann.
-28,059,960-37,443,968-23,952,814-20,316,088-17,671,789-30,575,583-13,227,273-18,741,226-14,819,204-15,803,482-14,986,693-12,513,485-14,093,204
Basic EPS
-11,994-15,004-10,239-8,686-7,556-13,074-5,656-8,015-6,339-6,642-6,491-5,388.6-6,068.9
Diluted EPS After ExtraOrdinary
-11,850.9-14,376.4-10,066.9-8,241.8-7,279.3-11,803.3-5,548.9-7,689.3-6,078.6-6,096.9-5,603.5-5,127.5-5,779.7
Number Of Shares End
2,339.52,339.52,339.42,338.82,338.82,338.82,338.72,338.32,337.92,334.22,308.82,322.22,322.2
Net Income Continuing Discontinued Operations
-28,059,960-37,443,968-23,952,814-20,316,088-17,671,789-30,575,583-13,227,273-18,741,226-14,819,204-15,803,482-14,986,693-12,513,485-14,093,204
Normalized Income
-27,725,184.6-35,975,575.6-23,550,102-19,277,285.6-17,024,671.7-27,603,527.9-12,976,693.7-17,979,530.8-14,210,474.8-14,531,177.2-12,937,547.4-11,907,155.2-13,421,767.6
Interest Income
104,776404,67659,90256,24325,577318,11775,208199,57128,449164,64425,20726,05015,213
Interest
5,118,408698,6595,995,4785,581,3505,053,6061,990,0214,991,8294,514,5584,162,257359,1513,526,7222,749,6852,322,862
Net Interest Income
-5,013,632-5,239,838-5,935,576-5,525,107-5,028,029-5,117,126-4,916,621-4,314,987-4,133,808-3,352,994-3,501,515-2,723,635-2,307,649
EBIT
-23,022,701-36,882,934-17,842,043-14,526,578-12,644,911-28,644,957-8,287,015-14,179,453-10,706,459-15,354,934-11,458,679-9,811,983-11,798,523
EBITDA
-20,036,229-33,671,633-15,079,632-11,822,733-9,865,224-26,053,318-5,610,329-11,670,871-8,606,889-13,522,031-9,600,415-8,347,776-10,638,205
Reconciled Cost Of Rev.
40,115,94457,344,30028,267,78323,434,19922,042,86629,550,77115,284,42314,106,68710,883,95014,769,30910,721,96710,667,1535,780,396
Reconciled Depr.
2,986,4723,211,3012,762,4112,703,8452,779,6872,591,6392,676,6862,508,5822,099,5701,832,9031,858,2641,464,2071,160,318
Profit From Continuing Operations
-28,107,982-37,536,383-24,011,091-20,341,605-17,693,769-30,594,811-13,251,944-18,666,317-14,841,877-15,811,799-15,003,845-12,535,202-14,120,825
Normalized EBITDA
-19,701,059-32,201,472-14,576,242-10,524,230-9,217,933-23,077,361-5,359,241-10,718,752-7,997,059-11,931,650-7,038,983-7,740,166-9,966,742
*All financials are in VND Million and price data in USD

VinFast Auto Ltd competitor comparison and performance snapshot within industry

VinFast Auto Ltd annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

  • POSITIVE

    Annual Revenue VinFast Auto Ltd Dec-2025 Annual Revenue is $90,178,628 Million which is growth of 104.9% YoY.

  • NEGATIVE

    Annual Net Profit VinFast Auto Ltd Dec-2025 Annual Net Profit is $-99,384,659 Million which is growth of -28.6% YoY.

VinFast Auto Ltd., Earnings Report - Annual Results, standalone, All financials are in VND Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMDec '25Dec '24Dec '23Dec '22Dec '21Dec '20
82%
45.8%
 90,178,62844,019,01528,712,05114,965,59116,028,18213,690,348
Cost Of Rev. Ann.
68.8%
45.1%
149,162,226131,089,14869,296,65441,938,82527,232,49625,283,95820,385,478
Gross Profit Ann.
-
-
-52,178,922-40,910,520-25,277,639-13,226,774-12,266,905-9,255,776-6,695,130
Operating Exp. Ann.
3.7%
37.5%
32,094,09432,561,05128,784,13326,839,08629,161,29818,146,9996,629,650
Operating Profit Ann.
-
-
-84,273,016-73,471,571-54,061,772-40,065,860-41,428,203-27,402,775-13,324,780
-
-
-21,714,153-21,728,550-18,485,042-11,885,793-7,871,780-4,152,096-4,305,203
Other Exp. Ann.
-
-
 -4,025,438-4,837,830-5,430,886397,851-454,853-1,232,494
PBT Ann.
-
-
-109,668,151-99,225,559-77,384,644-57,382,539-48,902,132-32,009,724-18,862,477
Tax Ann.
-27.7%
32.4%
328,910357,289-29,69589,132946,738209,23787,766
⌄
-
-
-109,772,830-99,384,659-77,265,364-57,396,864-49,783,795-32,183,727-18,949,885
Diluted NI Avail to Com Stockholders Ann.
-
-
-109,772,830-99,384,659-77,265,364-57,396,864-49,783,795-32,183,727-18,949,885
EPS Ann.
-
-
 -42,488-33,042-24,838-21,438.1-13,859.1-8,160.3
Diluted EPS Ann.
-
-
 -42,488-33,042-24,838-21,438.1-13,859.1-8,160.3
Number Of Shares End
0.2%
-
 2,339.52,338.82,334.22,322.22,322.2-
Total Exp. Ann.
42.6%
43.4%
 163,650,19998,080,78768,777,91156,393,79443,430,95727,015,128
Net Income Continuing Discontinued Operations Ann.
-
-
-109,772,830-99,384,659-77,265,364-57,396,864-49,783,795-32,183,727-18,949,885
Normalized Income Ann.
-
-
-106,528,147.7-96,249,183-72,476,370-51,965,978-50,102,075.8-31,849,273.4-17,997,468.2
Interest Income Ann.
87%
17%
625,597546,398621,345231,11483,585440,284248,716
Interest Ann.
43.3%
36.2%
17,393,89517,329,09315,661,1658,958,4205,883,0673,442,1173,701,736
EBITDA Ann.
-
-
-80,610,227-70,439,222-51,847,002-42,108,427-36,752,557-23,676,235-10,858,532
Reconciled Cost Of Rev. Ann.
68.8%
45.1%
149,162,226131,089,14869,296,65441,938,82527,232,49625,283,95820,385,478
Reconciled Depr. Ann.
22.3%
21.6%
11,664,02911,457,2449,876,4776,315,6926,266,5084,891,3724,302,209
Profit From Continuing Operations Ann.
-
-
-109,997,061-99,582,848-77,354,949-57,471,671-49,848,870-32,218,961-18,950,243
Normalized EBITDA Ann.
-
-
-77,003,003-66,519,877-47,058,008-36,677,541-37,150,408-23,258,168-9,668,011
*All financials are in VND Million and price data in USD
Total Rev. Ann.
1Y CHG
104.9%
2Y CAGR
77.2%
3Y CAGR
82%
5Y CAGR
45.8%
Total Revenue Annual growth is higher than historical averages.
Operating Exp. Ann.
1Y CHG
13.1%
2Y CAGR
10.1%
3Y CAGR
3.7%
5Y CAGR
37.5%
Operating Expenses Annual Cr growth is stable compared to historical averages.

VinFast Auto Ltd balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

  • NEGATIVE

    Total Shareholders Fund VinFast Auto Ltd Dec-2025 Total Shareholders Fund is $-173,936,583 Million which is growth of -5.6% YoY.

  • POSITIVE

    Total Assets VinFast Auto Ltd Dec-2025 Total Assets is $182,622,042 Million which is growth of 17.1% YoY.

VinFast Auto Ltd., Balance Sheet, standalone, All financials are in VND Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20
17.1%
14.5%
182,622,042155,966,496131,336,580113,605,29985,321,45692,905,850
⌄
22.3%
26%
275,017,820250,871,239197,347,243150,275,758162,262,65486,725,758
⌄
-
-
-173,936,583-164,711,670-143,377,986-114,109,832-76,926,5206,150,124
Total Capitalization Ann.
-
-
-114,335,051-117,895,499-110,822,140-64,937,527-18,971,77952,502,965
Tangible Assets Ann.
-
-
-175,143,201-165,876,305-144,669,706-115,843,106-80,362,3111,618,798
Working Capital Ann.
-
-
-79,319,217-106,727,279-89,754,105-21,386,582-60,612,763408,705
Invested Capital Ann.
-
-
-50,842,284-23,890,323-32,309,588-49,638,054-2,850,12859,860,137
Tangible Book Value Ann.
-
-
-175,143,201-165,876,305-144,669,706-115,843,106-80,362,3111,618,798
Borrowings Ann.
23.8%
19.1%
129,965,692146,396,473117,916,16068,497,01275,750,03954,289,522
Net Debt Ann.
24.3%
17%
115,742,301137,514,554107,066,12660,200,33671,051,47652,882,271
Share Issued Ann.
0.2%
0.1%
2,339.52,338.82,337.82,322.22,322.22,322.2
Number Of Shares End
0.2%
-
2,339.52,338.82,334.22,322.22,322.2-
*All financials are in VND Million and price data in USD
Total Assets Ann.
1Y CHG
17.1%
2Y CAGR
17.9%
3Y CAGR
17.1%
5Y CAGR
14.5%
Total Assets Annual growth is stable compared to historical averages.
Total Current Liabilities Ann.
1Y CHG
-3.9%
2Y CAGR
9.1%
3Y CAGR
35.5%
5Y CAGR
52.4%
Total Current Liabilities Annual Cr is falling faster than historical averages.

VinFast Auto Ltd ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

  • NEGATIVE

    Book Value Per Share VinFast Auto Ltd Book Value Per Share is $-3 which is growth of -16.0% YoY.

  • NEUTRAL

    ROE VinFast Auto Ltd ROE is 0% which is growth of 0% YoY.

VinFast Auto Ltd., Ratios, standalone, All financials are in VND Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20
RoA Ann. %
-
-
--53.79%-46.87%-50.05%-36.12%-20.40%
ROE Ann. %
-
-
------308.12%
ROIC %
-
-
------
OPM Ann. %
-
-
-81.47%-122.81%-139.54%-276.82%-170.97%-97.33%
Inventory Turnover Ratio Ann.
-
-
-2.51.71.94.23.8
Asset Turnover Ann. %
-
-
-0.30.20.20.20.2
Working Capital Turnover Ann.
-
-
-1.1-0.4-0.3-0.7-0.333.5
Quick Ratio Ann.
-
-
-0.10.10.20.10.6
Current Ratio Ann.
-
-
-0.40.40.70.31
Interest Coverage Ratio Ann.
-
-
--3.9-5.4-7.3-8.3-4.1
LT Debt To Equity Ann.
-
-
-----7.6
*All financials are in VND Million and price data in USD

VinFast Auto Ltd cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

  • NEGATIVE

    Cash From Operating Activity VinFast Auto Ltd Dec-2025 Cash From Operating Activity is $-44,461,239 Million which is growth of -45.9% YoY.

  • NEGATIVE

    Net Cash Flow VinFast Auto Ltd Dec-2025 Net Cash Flow is $2,456,830 Million which is growth of -1.9% YoY.

VinFast Auto Ltd., Cash Flow, standalone, All financials are in VND Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20
-
-
-44,461,239-30,468,461-53,649,366-35,628,413-28,969,088-9,349,166
-
-
-30,261,216-16,025,837-23,017,340-16,038,9462,420,050-1,838,972
13.4%
49.2%
77,179,28548,998,57177,420,66452,945,10328,855,19510,453,774
Cash Plus Cash Eqv. End Of Year Ann.
32.6%
64.5%
9,955,7477,288,2704,759,0814,271,4423,024,916827,742
Net Increase In Cash Plus Cash Eqv.s Ann.
24.3%
-
2,456,8302,504,273753,9581,277,7442,306,157-734,364
Cash Plus Cash Eqv. Begin Of Year Ann.
34.1%
36.9%
7,288,2704,858,7674,271,4423,024,916827,7421,515,439
Income Tax Paid Supplemental Data Ann.
34.6%
86.9%
55,18011,63699,79122,61851,4092,420
Interest Paid Supplemental Data Ann.
44.4%
29.1%
13,189,2869,474,4957,487,8274,378,8392,873,8463,680,924
Capex Ann.
-
-
-22,979,265-16,689,295-24,953,280-17,681,672-6,007,925-9,672,214
Issuance Of Capital Stock Ann.
109%
45.1%
63,529,83621,994,65825,407,0776,963,7849,988,5089,862,062
Issuance Of Debt Ann.
6.6%
39.7%
106,080,33298,880,819101,315,08387,660,10338,042,83719,904,874
Repayment Of Debt Ann.
-
-
-92,430,937-71,876,906-50,722,940-41,637,135-18,677,191-19,313,162
Repurchase Of Capital Stock Ann.
-
-
------
Free Cash Flow Ann.
-
-
-67,440,504-47,157,756-78,602,646-53,310,085-34,977,013-19,021,380
*All financials are in VND Million and price data in USD
Cash from Financing Act. Ann.
1Y CHG
57.5%
2Y CAGR
-0.2%
3Y CAGR
13.4%
5Y CAGR
49.2%
Cash from Financing Annual Activity growth is higher than historical averages.