Stock Analysis
- United States
- /
- Auto
- /
- NasdaqGS:VFS
VinFast Auto First Quarter 2024 Earnings: ₫6,339 loss per share (vs ₫6,127 loss in 1Q 2023)
VinFast Auto (NASDAQ:VFS) First Quarter 2024 Results
Key Financial Results
- Revenue: ₫7.26t (up 269% from 1Q 2023).
- Net loss: ₫15t (loss widened by 5.2% from 1Q 2023).
- ₫6,339 loss per share (further deteriorated from ₫6,127 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
VinFast Auto Earnings Insights
Looking ahead, revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto industry in the US.
Performance of the American Auto industry.
The company's shares are down 31% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 4 warning signs for VinFast Auto you should be aware of, and 3 of them are significant.
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About NasdaqGS:VFS
VinFast Auto
VinFast Auto Ltd. engages in the design and manufacture of electric vehicles (EV), e-scooters, and e-buses in Vietnam, Canada, and the United States.
Limited growth with weak fundamentals.