VinFast Auto Ltd.
VinFast Auto Ltd. (VFS) Financial Performance & Income Statement Overview
Explore the financials of VinFast Auto Ltd. (VFS), including yearly and quarterly data on income, cash flow, and balance sheets.
VinFast Auto Ltd. (VFS) Income Statement & Financial Overview
Analyze VinFast Auto Ltd.’s VFS earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $16496.38B | $12326.54B | $8670.24B | $7264.47B |
| Cost of Revenue | $29550.77B | $15284.42B | $14106.69B | $10883.95B |
| Gross Profit | -$13054.40B | -$2957.89B | -$5436.45B | -$3619.48B |
| Gross Profit Ratio | -$0.79 | -$0.24 | -$0.63 | -$0.50 |
| R&D Expenses | $2678.37B | $2091.72B | $2662.53B | $2626.80B |
| SG&A Expenses | $6532.85B | $3461.21B | $3836.79B | $3326.92B |
| Operating Expenses | $10797.72B | $5163.48B | $7959.99B | $6504.16B |
| Total Costs & Expenses | $40348.49B | $20447.91B | $22066.67B | $17388.11B |
| Interest Income | $318.12B | $75.21B | $199.57B | $28.45B |
| Interest Expense | $1990.02B | $4991.83B | $4514.56B | $4162.26B |
| Depreciation & Amortization | $2591.64B | $2676.69B | $2504.76B | $2099.57B |
| EBITDA | -$26053.32B | -$5610.33B | -$11674.70B | -$7997.06B |
| EBITDA Ratio | -$1.58 | -$0.46 | -$1.35 | -$1.10 |
| Operating Income | -$23852.11B | -$8121.37B | -$13396.44B | -$10123.64B |
| Operating Income Ratio | -$1.45 | -$0.66 | -$1.55 | -$1.39 |
| Other Income/Expenses (Net) | -$6782.87B | -$5157.47B | -$5297.57B | -$4747.57B |
| Income Before Tax | -$30634.98B | -$13278.84B | -$18694.01B | -$14868.72B |
| Income Before Tax Ratio | -$1.86 | -$1.08 | -$2.16 | -$2.05 |
| Income Tax Expense | -$40.17B | -$26.90B | $70.32B | -$26.84B |
| Net Income | -$30575.58B | -$13227.27B | -$18741.23B | -$14819.20B |
| Net Income Ratio | -$1.85 | -$1.07 | -$2.16 | -$2.04 |
| EPS | -$0.52 | -$5655.83 | -$8014.94 | -$6338.78 |
| Diluted EPS | -$0.52 | -$5655.83 | -$8014.94 | -$6338.78 |
| Weighted Avg Shares Outstanding | $2.34B | $2.34B | $2.34B | $2.34B |
| Weighted Avg Shares Outstanding (Diluted) | $2.34B | $2.34B | $2.34B | $2.34B |
Over the last four quarters, VinFast Auto Ltd. achieved steady financial progress, growing revenue from $7264.47B in Q1 2024 to $16496.38B in Q4 2024. Gross profit stayed firm with margins at -79% in Q4 2024 versus -50% in Q1 2024. Operating income totaled -$23852.11B in Q4 2024, maintaining a -145% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$26053.32B. Net income dropped to -$30575.58B, with EPS at -$0.52. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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