VinFast Auto Ltd. VFS

Consumer discretionary SIC 3711 - Motor Vehicles & Passenger Car Bodies NAICS Manufacturing › Transportation Equipment Manufacturing › Motor Vehicle Manufacturing › Automobile and Light Duty Motor Vehicle Manufacturing derived Nasdaq

Last close —
Market cap —
52-week range — - —

No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.

Valuation FY2024 figures against the last close

P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-1.40

Annual financial statements

Income statement

Fiscal year FY2024FY2023FY2022FY2021
Revenue $1.81B$1.17B——
Cost of revenue $2.85B$1.73B——
Gross profit -$1.04B-$558.5M——
R&D $412.0M$608.3M——
SG&A $365.4M$220.8M——
Total operating expenses —$1.13B——
Operating income -$2.28B-$1.69B——
Pre-tax income -$3.18B-$2.40B——
Income tax $1.2M$3.7M——
Net income -$3.18B-$2.40B——
EPS, basic -1.40-1.04——
EPS, diluted -1.40-1.04——
Shares, diluted (wtd. avg.) 2.34B2.31B2.30B1.58B

Balance sheet

Fiscal year FY2024FY2023FY2022FY2021
Cash and equivalents $135.9M$199.7M$179.0M—
Short-term investments $33.7M$172.0K——
Receivables $214.5M$13.8M——
Inventory $1.15B$1.23B——
Total current assets $2.66B$2.05B——
Property, plant and equipment $3.23B$2.84B——
Other intangibles $47.9M$54.1M——
Total assets $6.41B$5.52B——
Short-term debt $1.61B$1.02B——
Total current liabilities $7.05B$5.82B——
Long-term debt $939.5M$1.26B——
Retained earnings -$11.00B-$7.73B——
Total equity -$6.77B-$6.01B——

Cash flow

Fiscal year FY2024FY2023FY2022FY2021
Operating cash flow -$1.25B-$2.25B——
Depreciation and amortisation $390.1M$245.1M——
Stock-based compensation $3.4M$6.3M——
Capital expenditure $685.8M$1.05B——
Investing cash flow -$658.6M-$964.4M——
Financing cash flow $2.01B$3.24B——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001410578-25-000943.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -4B -2B 0 2B Revenue, FY2023: 1.2B Gross profit, FY2023: -558.5M Net income, FY2023: -2.4B Revenue, FY2024: 1.8B Gross profit, FY2024: -1B Net income, FY2024: -3.2B FY2021 FY2022 FY2023 FY2024
Fiscal year FY2021FY2022FY2023FY2024
Revenue — — $1.17B $1.81B
Gross profit — — -$558.5M -$1.04B
Net income — — -$2.40B -$3.18B

Others in SIC 3711

TickerCompanyMarket capP/ERevenue growth
TSLA Tesla, Inc. $1.47T 344.6x -2.9%
GM General Motors Co $66.62B 23.2x -2.1%
PCAR PACCAR INC $56.30B 23.7x -15.5%
F FORD MOTOR CO $46.30B — 1.2%
RIVN Rivian Automotive, Inc. / DE $15.67B — 8.4%
OSK OSHKOSH CORP $8.21B — -2.9%
FSS FEDERAL SIGNAL CORP /DE/ $6.91B 28.2x 17.1%
LCID Lucid Group, Inc. $1.39B — 67.6%