VinFast Auto
VFS
3.03
-0.05
-1.62%
VinFast Auto
US · VFS
#1766 by market cap
Listed 1970
3.03
-0.05
-1.62%
Live - 5344 symbols - heartbeat 546s ago
· 2026-10-08 08:26
Pre-market
3.06
+0.99%
After-hours
3.05
+0.66%
Overnight
3.04
+0.33%
- Market cap
- 7.09B
- P/E (TTM)i
- -1.61
- P/Bi
- -0.92
- EPSi
- -1.70
- Div yieldi
- 0.00%
- 52W posi
- 10%
Reader sentiment
Are you bullish or bearish on VFS?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is -4.17, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 6 years
Latest year +104.86% YoY
Margins
- Gross margin
- -45.37%
- Operating margin
- -81.47%
- Net margin
- -110.21%
Key ratios & quality
- Enterprise valuei
- 113.98T
- Altman Z-Scorei
- -4.17
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | 13.69T | 16.03T | 13.93T | 27.88T | 44.02T | 90.18T |
| Gross profit | -6.70T | -9.26T | -13.05T | -13.71T | -25.28T | -40.91T |
| Selling & admin expenses | 2.55T | 4.63T | 9.43T | 11.27T | 16.89T | 21.20T |
| Research & development | 3.93T | 9.26T | 21.20T | 15.41T | 10.03T | 9.92T |
| Operating profit | -13.32T | -27.60T | -43.80T | -41.57T | -54.06T | -73.47T |
| Pretax profit | -18.86T | -32.01T | -51.90T | -60.17T | -77.38T | -99.23T |
| Tax | 87.77B | 209.24B | 1.06T | 76.93B | -29.70B | 357.29B |
| Net profit | -18.95T | -32.22T | -52.96T | -60.25T | -77.35T | -99.58T |
| Basic EPS | -8.16K | -13.86K | -22.77K | -26.04K | -33.04K | -42.49K |
| Diluted EPS | -8,160.27 | -13,859.08 | -22,774.75 | -26,038.00 | -33,042.00 | -42,488.00 |
| Line item | 2024-12 | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 |
|---|---|---|---|---|---|---|
| Revenue | 16.50T | 16.31T | 16.61T | 18.10T | 39.16T | 23.11T |
| Gross profit | -13.05T | -5.74T | -6.82T | -10.17T | -18.18T | -17.00T |
| Selling & admin expenses | 6.53T | 3.75T | 3.40T | 4.33T | 9.71T | 2.54T |
| Research & development | 2.68T | 2.02T | 2.34T | 2.68T | 2.89T | 2.54T |
| Operating profit | -22.51T | -12.06T | -13.12T | -17.39T | -30.90T | -22.86T |
| Pretax profit | -30.63T | -17.70T | -20.11T | -23.84T | -37.58T | -28.14T |
| Tax | -40.17B | -4.75B | 233.68B | 173.57B | -45.21B | -33.13B |
| Net profit | -30.59T | -17.69T | -20.34T | -24.01T | -37.54T | -28.11T |
| Basic EPS | -13.07K | -7.56K | -8.69K | -10.24K | -15.00K | -11.99K |
| Diluted EPS | -13,074.00 | -7,556.00 | -8,686.00 | -10,239.00 | -15,004.00 | -11,994.00 |
Balance sheet
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total current assets | 20.45T | 26.69T | 44.84T | 50.58T | 64.78T | 85.44T |
| Cash & ST investments | 827.74B | 3.02T | 4.28T | 4.10T | 4.13T | 10.40T |
| Inventory | 5.35T | 6.68T | 21.61T | 30.14T | 27.91T | 34.88T |
| Total assets | 92.91T | 85.32T | 113.61T | 146.86T | 155.97T | 182.62T |
| Total current liabilities | 20.04T | 87.31T | 66.23T | 152.04T | 171.51T | 164.76T |
| Short-term debt | 7.57T | 16.50T | 16.07T | 88.76T | 95.50T | 64.78T |
| Long-term debt | 46.35T | 57.95T | 49.17T | 32.56T | 46.82T | 59.60T |
| Total liabilities | 86,725,758,000,000.00 | 162,262,654,000,000.00 | 150,275,758,000,000.00 | 212,269,436,000,000.00 | 250,871,239,000,000.00 | 275,017,820,000,000.00 |
| Total equity | 6.18T | -76.94T | -36.67T | -65.41T | -94.90T | -92.40T |
| Retained earnings | -44.36T | -77.42T | -127.19T | -190.50T | -267.79T | -367.18T |
| Line item | 2024-12 | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 |
|---|---|---|---|---|---|---|
| Total current assets | 64.78T | 67.91T | 86.05T | 87.81T | 85.44T | 83.68T |
| Cash & ST investments | 4.13T | 4.50T | 16.28T | 11.59T | 10.40T | 7.86T |
| Inventory | 27.91T | 32.87T | 34.98T | 37.67T | 34.88T | 37.16T |
| Total assets | 155.97T | 158.24T | 181.46T | 183.18T | 182.62T | 185.18T |
| Total current liabilities | 171.51T | 178.18T | 184.44T | 174.28T | 164.76T | 175.35T |
| Short-term debt | 95.50T | 35.78T | 32.76T | 34.80T | 64.78T | 37.70T |
| Long-term debt | 46.82T | 26.42T | 43.44T | 46.84T | 59.60T | 48.33T |
| Total liabilities | 250,871,239,000,000.00 | 256,117,970,000,000.00 | 281,695,674,000,000.00 | 282,465,626,000,000.00 | 275,017,820,000,000.00 | 285,157,243,000,000.00 |
| Total equity | -94.90T | -97.87T | -100.23T | -99.28T | -92.40T | -99.98T |
| Retained earnings | -267.79T | -285.46T | -305.78T | -329.73T | -367.18T | -395.24T |
Cash flow
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -9.35T | -28.97T | -47.87T | -50.27T | -30.47T | -44.46T |
| Depreciation & amortization | 4.30T | 4.89T | 6.39T | 6.98T | 9.88T | 11.46T |
| Free cash flow | -19.02T | -34.98T | -71.21T | -74.80T | -47.16T | -67.44T |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 9.86T | 9.99T | 6.96T | 27.17T | 21.99T | 63.53T |
| Ending cash balance | 827.74B | 3.02T | 4.36T | 4.86T | 7.29T | 9.96T |
| Line item | 2024-12 | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 |
|---|---|---|---|---|---|---|
| Operating cash flow | 1.01T | -15.09T | -11.60T | -11.19T | -6.59T | -13.35T |
| Depreciation & amortization | 2.59T | 2.78T | 2.70T | 2.76T | 3.21T | 2.99T |
| Free cash flow | -5.10T | -18.73T | -16.90T | -17.77T | -14.04T | -18.33T |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | 5.00T | -- | -- | -- | 5.00T |
| Ending cash balance | 7.29T | 5.14T | 17.51T | 12.04T | 9.96T | 8.36T |
Returns & efficiency
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| ROE %i | -308.12 | -- | -- | -- | -- | -- |
| ROA %i | -20.40 | -36.12 | -50.05 | -46.87 | -53.79 | -58.71 |
| ROIC %i | -26.78 | -- | -- | -- | -- | -- |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -110.74 | -178.23 | -287.45 | -168.65 | -140.22 | -90.82 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 1.02 | 0.31 | 0.68 | 0.33 | 0.38 | 0.52 |
| Quick ratioi | 0.63 | 0.11 | 0.18 | 0.09 | 0.14 | 0.22 |
| Debt / assetsi | 58.44 | 88.78 | 60.29 | 86.24 | 93.86 | 71.17 |
| LT debt / equityi | 759.60 | -- | -- | -- | -- | -- |
| Interest coveragei | -4.10 | -8.30 | -7.31 | -5.41 | -3.94 | -4.73 |
| Revenue CAGR (3Y) %i | -- | -- | -- | 26.76 | 40.04 | 86.38 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Line item | 2024-12 | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 |
|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -- | -- | -- | -- |
| ROA %i | -53.79 | -52.81 | -49.46 | -55.24 | -58.71 | -63.93 |
| ROIC %i | -- | -- | -- | -- | -- | -- |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -140.22 | -118.51 | -103.83 | -109.10 | -90.82 | -95.14 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 0.38 | 0.38 | 0.47 | 0.50 | 0.52 | 0.48 |
| Quick ratioi | 0.14 | 0.14 | 0.21 | 0.21 | 0.22 | 0.19 |
| Debt / assetsi | 93.86 | 41.68 | 45.53 | 47.88 | 71.17 | 49.54 |
| LT debt / equityi | -- | -- | -- | -- | -- | -- |
| Interest coveragei | -3.94 | -3.85 | -3.64 | -3.96 | -4.73 | -5.30 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Car is the largest reported line at 87.45% of revenue, across 4 reported segments.
- The next-largest line, E-scooter, is a distant second at 5.87% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Car87.45%
E-scooter5.87%
All other4.98%
Ebus1.70%
Region
Vietnam89.14%
Pacific - Asia7.56%
United States1.75%
Canada1.18%
Europe0.37%
Quote time 2026-10-08 08:26:45 · For reference only, not investment advice and not tailored to your situation.