VinFast Auto Ltd. (VFS)
NASDAQ: VFS · Real-Time Price · USD
3.930
-0.020 (-0.51%)
At close: Nov 22, 2024, 4:00 PM
3.916
-0.014 (-0.37%)
After-hours: Nov 22, 2024, 7:16 PM EST
VinFast Auto Income Statement
Financials in millions VND. Fiscal year is January - December.
Millions VND. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
Period Ending | Jun '24 Jun 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| Revenue | 33,186,845 | 27,903,869 | 14,965,591 | 16,028,182 | 13,690,348 |
| Revenue Growth (YoY) | 88.98% | 86.45% | -6.63% | 17.08% | - |
| Cost of Revenue | 49,027,863 | 41,233,957 | 27,232,496 | 25,283,958 | 20,385,478 |
| Gross Profit | -15,841,018 | -13,330,088 | -12,266,905 | -9,255,776 | -6,695,130 |
| Selling, General & Admin | 12,518,278 | 10,930,925 | 9,223,751 | 4,628,399 | 2,553,102 |
| Research & Development | 11,119,881 | 14,516,962 | 19,939,898 | 9,255,376 | 3,929,797 |
| Other Operating Expenses | 1,855,430 | -72,623 | -111,782 | -77,098 | 120,065 |
| Operating Expenses | 25,493,589 | 25,375,264 | 29,051,867 | 13,806,677 | 6,602,964 |
| Operating Income | -41,334,607 | -38,705,352 | -41,318,772 | -23,062,453 | -13,298,094 |
| Interest Expense | -11,534,472 | -8,958,420 | -5,883,067 | -3,442,117 | -3,701,736 |
| Interest & Investment Income | 105,219 | 231,114 | 83,585 | 1,396,872 | 473,514 |
| Earnings From Equity Investments | -42,824 | - | - | -36,786 | -41,973 |
| Currency Exchange Gain (Loss) | -676,986 | -676,986 | -828,161 | 448,769 | 79,264 |
| Other Non Operating Income (Expenses) | -8,321,196 | -8,038,320 | -846,286 | -2,860,292 | -2,346,766 |
| EBT Excluding Unusual Items | -61,804,866 | -56,147,964 | -48,792,701 | -27,556,007 | -18,835,791 |
| Gain (Loss) on Sale of Assets | -81,165 | -81,165 | - | -113,395 | -26,686 |
| Other Unusual Items | -1,111,317 | -1,111,317 | -109,431 | -4,340,322 | - |
| Pretax Income | -62,997,348 | -57,340,446 | -48,902,132 | -32,009,724 | -18,862,477 |
| Income Tax Expense | 167,042 | 89,132 | 946,738 | 209,237 | 87,766 |
| Earnings From Continuing Operations | -63,164,390 | -57,429,578 | -49,848,870 | -32,218,961 | -18,950,243 |
| Minority Interest in Earnings | 57,349,277 | 57,354,813 | 49,783,795 | 32,183,727 | 358 |
| Net Income | -5,815,113 | -74,765 | -65,075 | -35,234 | -18,949,885 |
| Net Income to Common | -5,815,113 | -74,765 | -65,075 | -35,234 | -18,949,885 |
| Shares Outstanding (Basic) | 2,330 | 2,311 | 2,299 | 1,579 | - |
| Shares Outstanding (Diluted) | 2,330 | 2,311 | 2,299 | 1,579 | - |
| Shares Change (YoY) | 1.32% | 0.51% | 45.62% | - | - |
| EPS (Basic) | -2495.91 | -32.35 | -28.31 | -22.32 | - |
| EPS (Diluted) | -27081.02 | -24820.00 | -21654.00 | -20386.00 | - |
| Free Cash Flow | -74,380,128 | -78,602,646 | -53,310,085 | -34,977,013 | -19,021,380 |
| Free Cash Flow Per Share | -31924.73 | -34015.00 | -23188.29 | -22155.21 | - |
| Gross Margin | -47.73% | -47.77% | -81.97% | -57.75% | -48.90% |
| Operating Margin | -124.55% | -138.71% | -276.09% | -143.89% | -97.13% |
| Profit Margin | -17.52% | -0.27% | -0.43% | -0.22% | -138.42% |
| Free Cash Flow Margin | -224.13% | -281.69% | -356.22% | -218.22% | -138.94% |
| EBITDA | -33,222,053 | -32,389,660 | -35,052,264 | -18,171,081 | -8,995,885 |
| EBITDA Margin | -100.11% | -116.08% | -234.22% | -113.37% | -65.71% |
| D&A For EBITDA | 8,112,554 | 6,315,692 | 6,266,508 | 4,891,372 | 4,302,209 |
| EBIT | -41,334,607 | -38,705,352 | -41,318,772 | -23,062,453 | -13,298,094 |
| EBIT Margin | -124.55% | -138.71% | -276.09% | -143.89% | -97.13% |
| Revenue as Reported | 33,186,845 | 27,903,869 | 14,965,591 | 16,028,182 | - |
| Advertising Expenses | - | 1,266,417 | 1,839,069 | 614,805 | - |
Source: S&P Capital IQ. Standard template. Financial Sources.