VinFast Auto Ltd.
VFS
Analytical Summary
VinFast Auto Ltd. demonstrates solid fundamentals with strength in Return on Common Equity (%). Overall, the data suggests a moderately positive outlook with manageable risks.
4-Year Financial Trajectory
AnnualBullish Indicators
- Debt to EquityDebt to Equity is in the top quartile (lower is better)
- Return on Common Equity (%)Return on Common Equity (%) is in the top quartile
Bearish Risks
- Operating Margin (%)Operating Margin (%) is in the bottom quartile
- Profit Margin (%)Profit Margin (%) is in the bottom quartile
Health Breakdown
Statement lens
Choose the reporting cadence, isolate a period range, or search directly for a metric.
| Metric | FY 2024 Dec 31, 2024 20-F ↗ | FY 2023 Dec 31, 2023 20-F ↗ | FY 2022 Dec 31, 2022 20-F ↗ | FY 2021 Dec 31, 2021 20-F ↗ |
|---|---|---|---|---|
| Revenue Growth YoY (%) |
50.4%
Excellent
Excellent
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+619%)
|
— | — | — |
| EPS Growth YoY (%) |
-34.6%
Weak
Weak
Year-over-year change in earnings per share
Optimal:
> 10%
|
— | — | — |
| Net Income Growth YoY (%) |
-32.0%
Weak
Weak
Year-over-year change in net income |
— | — | — |
| FCF Growth YoY (%) |
45.0%
Excellent
Excellent
Year-over-year change in free cash flow |
— | — | — |
| Metric | FY 2024 Dec 31, 2024 20-F ↗ | FY 2023 Dec 31, 2023 20-F ↗ | FY 2022 Dec 31, 2022 20-F ↗ | FY 2021 Dec 31, 2021 20-F ↗ |
|---|---|---|---|---|
| Operating Margin (%) (%) |
-125.9%
Weak
Weak
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-1149%)
|
-140.9%
Weak
Weak
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-1274%)
|
— | — |
| Effective Tax Rate (%) (%) |
0.0%
Excellent
Excellent
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
-0.2%
Excellent
Excellent
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
— | — |
| Profit Margin (%) (%) |
-175.5%
Weak
Weak
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-2294%)
|
-199.9%
Weak
Weak
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-2599%)
|
— | — |
| FCF Margin (%) (%) |
-69.2%
Weak
Weak
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
-186.9%
Weak
Weak
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
— | — |
| FCF / Net Income (x) |
0.39x
Weak
Weak
Free cash flow relative to reported net income
Optimal:
> 1x
|
0.93x
Caution
Caution
Free cash flow relative to reported net income
Optimal:
> 1x
|
— | — |
| Metric | FY 2024 Dec 31, 2024 20-F ↗ | FY 2023 Dec 31, 2023 20-F ↗ | FY 2022 Dec 31, 2022 20-F ↗ | FY 2021 Dec 31, 2021 20-F ↗ |
|---|---|---|---|---|
| Return on Invested Capital (%) |
39.0%
Excellent
Excellent
Return earned on debt + equity capital invested
Optimal:
> 10%
|
35.8%
Excellent
Excellent
Return earned on debt + equity capital invested
Optimal:
> 10%
|
— | — |
| Return on Capital (%) (%) |
-35.5%
Weak
Weak
Operating profit relative to total assets
Optimal:
> 10%
|
-30.8%
Weak
Weak
Operating profit relative to total assets
Optimal:
> 10%
|
— | — |
| Return on Common Equity (%) (%) |
46.9%
Excellent
Excellent
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Above avg (+135%)
|
40.0%
Excellent
Excellent
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Above avg (+100%)
|
— | — |
| Metric | FY 2024 Dec 31, 2024 20-F ↗ | FY 2023 Dec 31, 2023 20-F ↗ | FY 2022 Dec 31, 2022 20-F ↗ | FY 2021 Dec 31, 2021 20-F ↗ |
|---|---|---|---|---|
| Debt to Equity (x) |
-0.29x
Excellent
Excellent
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-136%)
|
-0.36x
Excellent
Excellent
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-145%)
|
— | — |
| Interest Coverage (x) |
-3.54x
Weak
Weak
Operating income divided by interest expense
Optimal:
> 5x
|
-4.52x
Weak
Weak
Operating income divided by interest expense
Optimal:
> 5x
|
— | — |
| Net Debt (USD) | $1.80B | $1.99B | — | — |
| Debt / EBITDA (x) |
-1.03x
Excellent
Excellent
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
-1.49x
Excellent
Excellent
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
— | — |
| Metric | FY 2024 Dec 31, 2024 20-F ↗ | FY 2023 Dec 31, 2023 20-F ↗ | FY 2022 Dec 31, 2022 20-F ↗ | FY 2021 Dec 31, 2021 20-F ↗ |
|---|---|---|---|---|
| Sales/Revenue/Turnover (USD) | $1.81B | $1.20B | — | — |
| Depreciation Expense (USD) | $390.12M | $245.09M | — | — |
| Net Income, GAAP (USD) | $-3.18B | $-2.40B | — | — |
| Operating Cash Flow (USD) | $-1.25B | $-2.25B | — | — |
Secondary lens
Benchmark Lens
Compare VFS against peers after checking the statement evidence.
Open lens
Benchmark Lens
Compare VFS against peers after checking the statement evidence.
Signals
Key bullish and bearish indicators for VFS
Debt to Equity is in the top quartile (lower is better)
Return on Common Equity (%) is in the top quartile
Operating Margin (%) is in the bottom quartile
Profit Margin (%) is in the bottom quartile
Percentile Rankings
How VFS compares to all companies
Peer Comparison
VFS vs similar peers
Compare VFS with peers
Stack VFS against similar companies across every metric on this page.
north_east Open comparisonbar_chart Data from SEC EDGAR XBRL filings
Synced 4 days ago 4 years · 3 quarters