VFS
Company Description
VinFast Auto Ltd. is an international company that specializes in the design, development, and production of electric vehicles (EVs), e-scooters, and e-buses. Its operations extend across Vietnam, Canada, and the United States. The company's core business is organized into three distinct segments: Cars, E-scooters, and E-buses. VinFast handles the entire lifecycle for its e-scooters, from initial design and development through manufacturing and sales. Additionally, it provides vital battery leasing and charging solutions to support its diverse range of electric cars, e-scooters, and e-buses. Its extensive product portfolio includes various electric models such as SUVs, mini-cars, mid-size pickup trucks, and 7-seater MPVs, alongside E-buses, E-scooters, and electric bikes. VinFast is also actively involved in developing advanced battery technology and related solutions. Headquartered in Hai Phong City, Vietnam, VinFast Auto Ltd. functions as a subsidiary of the larger Vingroup Joint Stock Company.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | 90.43T | 44.02T | 27.88T | 13.93T | 16.03T | 13.69T |
| Net Income | (97.04T) | (77.27T) | (60.17T) | (52.89T) | (32.18T) | (18.95T) |
| EPS | -41486.00 | -33042.00 | -24710.00 | -21438.09 | -13859.08 | -8160.27 |
| Free Cash Flow | (67.44T) | (47.16T) | (78.60T) | (71.21T) | (34.98T) | (19.02T) |
| FCF / Share | -28831.25 | -20166.69 | -34015.00 | -30662.75 | -15061.93 | -8191.06 |
| Operating CF | (44.46T) | (30.47T) | (53.65T) | (47.87T) | (28.97T) | (9.35T) |
| Total Assets | 182.62T | 155.97T | 146.86T | 113.61T | 85.32T | 92.91T |
| Total Debt | 129.97T | 146.40T | 126.65T | 68.50T | 75.75T | 54.29T |
| Cash & Equiv | 7.35T | 3.31T | 4.10T | 4.27T | 3.02T | 827.74B |
| Book Value | (173.94T) | (164.71T) | (142.78T) | (114.11T) | (76.93T) | 6.15T |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | -3.08 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 23.11T | 39.41T | 18.10T | 16.61T | 16.31T | 16.50T | 12.33T | 8.67T | 6.53T | 9.71T | 8.25T | 7.94T |
| Net Income | (28.06T) | (35.10T) | (23.95T) | (20.32T) | (17.67T) | (30.58T) | (13.23T) | (18.74T) | (14.72T) | (18.57T) | (14.99T) | (13.63T) |
| EPS | -12106.28 | -15005.00 | -10239.00 | -8686.00 | -7556.00 | -13074.00 | -5656.00 | -8015.00 | -6296.90 | -7955.74 | -6491.01 | -5388.60 |
| Free Cash Flow | (18.33T) | (14.04T) | (17.77T) | (16.90T) | (18.73T) | (5.10T) | (14.36T) | (10.48T) | (17.22T) | (13.25T) | (28.75T) | (10.15T) |
| FCF / Share | -7833.32 | -6001.90 | -7596.66 | -7226.45 | -8007.49 | -2180.02 | -6141.23 | -4482.01 | -7364.34 | -5675.10 | -12451.51 | -4372.73 |
| Operating CF | (13.35T) | (6.59T) | (11.19T) | (11.60T) | (15.09T) | 1.01T | (11.19T) | (7.86T) | (12.41T) | (8.17T) | (24.45T) | (2.03T) |
| Total Assets | 185.18T | 182.62T | 183.18T | 181.46T | 158.24T | 155.97T | 151.81T | 149.26T | 145.57T | 146.86T | 124.84T | 116.83T |
| Total Debt | 91.73T | 129.97T | 87.72T | 82.62T | 65.95T | 146.40T | 76.12T | 77.72T | 80.24T | 126.65T | 73.21T | 62.29T |
| Cash & Equiv | 5.51T | 7.35T | 8.80T | 13.77T | 2.40T | 3.31T | 1.89T | 2.38T | 2.96T | 4.10T | 3.15T | 1.60T |
| Book Value | (191.47T) | (173.94T) | (150.92T) | (179.99T) | (177.66T) | (164.71T) | (172.30T) | (159.28T) | (157.35T) | (142.78T) | (141.91T) | (140.70T) |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |