VFS
VinFast Auto Ltd.VinFast Auto Ltd. reported revenue of VND 44.02T in its most recent fiscal year, up 57.9% on the year before. It kept -175.5% of that as net income, and generated -VND 47.16T of free cash flow. Figures below are compared against other companies classified under Motor Vehicles & Passenger Car Bodies.
Grades vs. industry
Growth
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Revenue growth (YoY) Latest fiscal year revenue vs. the year before. | 57.9% | 1.2% | 4 / 23 |
Revenue growth (3y) Annualized revenue growth over three fiscal years. | 40.0% | 14.8% | 6 / 23 |
Revenue growth (5y) Annualized revenue growth over five fiscal years. | Not reported | 14.8% | — |
EPS growth (YoY) Diluted EPS vs. the prior fiscal year. | Not reported | -45.0% | — |
EPS growth (3y) Annualized diluted EPS growth over three fiscal years. | Not reported | 9.3% | — |
EPS growth (5y) Annualized diluted EPS growth over five fiscal years. | Not reported | 16.7% | — |
Free cash flow growth (YoY) Operating cash flow less capital expenditure, vs. prior year. | Not reported | 29.1% | — |
Free cash flow growth (3y) Annualized free cash flow growth over three fiscal years. | Not reported | 22.0% | — |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Profitability
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Gross margin Gross profit as a share of revenue. Often unreported. | -57.4% | 13.6% | 20 / 21 |
Operating margin Operating income as a share of revenue. | -125.9% | -10.5% | 19 / 22 |
Net margin Net income as a share of revenue. | -175.5% | -4.4% | 20 / 23 |
Free cash flow margin Free cash flow as a share of revenue. | -107.1% | -3.5% | 19 / 21 |
Return on equity Net income divided by shareholder equity. | Not reported | -4.1% | — |
Return on assets Net income divided by total assets. | -49.5% | -2.8% | 20 / 23 |
Return on invested capital After-tax operating profit over debt plus equity less cash. | Not reported | -14.5% | — |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Financial health
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Debt to equity Total debt divided by shareholder equity. | Not reported | 0.42x | — |
Current ratio Current assets over current liabilities. | 0.38x | 1.25x | 21 / 21 |
Quick ratio Current assets excluding inventory, over current liabilities. | 0.22x | 0.91x | 21 / 21 |
Interest coverage Operating income divided by interest expense. | -3.54x | -4.80x | 8 / 18 |
Net debt to EBITDA Net debt over derived EBITDA. EBITDA is not a GAAP tag; it is computed. | Not reported | -0.66x | — |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Insider activity
Trades reported by officers, directors and 10% shareholders on SEC Form 4. None of the last 7 reported transactions were open-market purchases — grants, option exercises and sales make up the majority of insider filings at most companies.
| Date | Insider | Transaction | Shares | Price | Value |
|---|---|---|---|---|---|
| Oct 5, 2026 | Vuong Pham Nhat Director | Open-market sale(derivative) | 479,745,716 | — | — |
| Oct 5, 2026 | Vuong Pham Nhat Director | Open-market sale(derivative) | 101,166,305 | — | — |
| Oct 5, 2026 | Vuong Pham Nhat Director | Open-market sale(derivative) | 3,656,758,902 | — | — |
| Oct 5, 2026 | Vuong Pham Nhat Director | Open-market sale(derivative) | 771,118,471 | — | — |
| Oct 5, 2026 | Vuong Pham Nhat Director | Open-market sale(derivative) | 2,457,356,615 | — | — |
| Oct 5, 2026 | Vuong Pham Nhat Director | Open-market sale(derivative) | 4,337,975,510 | — | — |
| Sep 26, 2026 | Vuong Pham Nhat Director | Other(derivative) | 500,000,000 | — | — |
A dash under price or value means none was reported, which is normal for grants and gifts — it does not mean the shares were free. Option exercises and awards are compensation arriving on a schedule, not a judgement about the stock.
Annual financials
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Revenue | VND 44.02T | VND 27.88T | VND 13.93T | VND 16.03T |
| Gross profit | -VND 25.28T | -VND 13.71T | -VND 13.05T | -VND 9.26T |
| Operating income | -VND 55.40T | -VND 41.97T | -VND 44.56T | -VND 27.07T |
| Net income | -VND 77.27T | -VND 60.17T | -VND 52.89T | -VND 32.18T |
| EPS (diluted) | -VND 33042.00 | -VND 26038.00 | -VND 23005.00 | -VND 20386.00 |
| Operating cash flow | -VND 30.47T | -VND 50.27T | -VND 47.87T | -VND 28.97T |
| Capital expenditure | VND 16.69T | VND 24.53T | VND 23.34T | VND 6.01T |
| Free cash flow | -VND 47.16T | -VND 74.80T | -VND 71.21T | -VND 34.98T |
| Total assets | VND 155.97T | VND 146.86T | VND 113.61T | — |
| Shareholder equity | -VND 164.71T | -VND 142.78T | -VND 114.11T | -VND 73.39T |
| Total debt | VND 61.99T | VND 30.17T | VND 41.62T | — |
| Cash | VND 3.31T | VND 4.10T | VND 4.36T | VND 3.02T |
A dash means the figure was not tagged in that year’s filing. It does not mean zero. Figures reflect the most recent filing covering each period, so restated years show their restated values.
Amounts are in VND, as the company reports them. Nothing here is converted to dollars, so these figures cannot be compared directly against a company reporting in another currency. Margins, returns and other ratios are unaffected.
Source
Figures come from VinFast Auto Ltd.’s filings with the SEC, as submitted in XBRL. The most recent annual figures are from a 20-F filed Apr 28, 2025. View filings on EDGAR.