VinFast Auto Past Earnings Performance
Past criteria checks 0/6
VinFast Auto's earnings have been declining at an average annual rate of -24.9%, while the Auto industry saw earnings growing at 19% annually. Revenues have been growing at an average rate of 93.5% per year.
Key information
-24.9%
Earnings growth rate
-23.1%
EPS growth rate
| Auto Industry Growth | 23.9% |
| Revenue growth rate | 93.5% |
| Return on equity | n/a |
| Net Margin | -185.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
VinFast: Sell This EV Laggard
Sep 24VinFast Auto Stock: Prepare For Fresh Round Of Selling After Q2 2024 Earnings
Sep 17VinFast Shares Are Little More Than Lottery Tickets; Sell Them Before They Fall To Zero
Aug 01VinFast Auto: A Promising EV Play For Investors
May 31VinFast Auto Ltd. (NASDAQ:VFS) Just Reported Earnings, And Analysts Cut Their Target Price
Apr 20
VinFast: Just Keep Selling
Apr 18Why We're Not Concerned Yet About VinFast Auto Ltd.'s (NASDAQ:VFS) 35% Share Price Plunge
Apr 16VinFast Auto: A High-Risk, High-Reward EV Play
Apr 01VinFast: Financial Situation Gets Scarier
Feb 25VinFast Auto Setting Up To Be A Home Run, But...
Jan 19VinFast Auto Ltd.'s (NASDAQ:VFS) 28% Cheaper Price Remains In Tune With Revenues
Jan 18VinFast's Warm Reception In Contrast To Cold Shoulder Chinese EV Makers Are Getting
Jan 12VinFast Auto Ltd.'s (NASDAQ:VFS) 67% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Oct 06Revenue & Expenses Breakdown
How VinFast Auto makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 33,995,027 | -63,137,212 | 12,663,685 | 11,119,881 |
| 31 Mar 24 | 34,011,753 | -57,899,786 | 11,909,784 | 11,989,642 |
| 31 Dec 23 | 28,712,051 | -57,396,864 | 11,076,332 | 14,516,962 |
| 30 Sep 23 | 22,643,582 | -56,879,120 | 11,774,796 | 17,686,154 |
| 30 Jun 23 | 17,572,050 | -53,101,066 | 10,938,838 | 18,112,824 |
| 31 Mar 23 | 13,058,821 | -54,228,467 | 9,747,139 | 21,371,043 |
| 31 Dec 22 | 14,965,591 | -49,783,795 | 9,223,751 | 19,939,898 |
| 30 Sep 22 | 15,350,768 | -48,701,667 | 6,999,694 | 18,030,496 |
| 31 Dec 21 | 16,028,182 | -32,183,727 | 4,628,399 | 9,255,376 |
| 31 Dec 20 | 13,690,348 | -18,949,885 | 2,553,102 | 3,929,797 |
Quality Earnings: VFS is currently unprofitable.
Growing Profit Margin: VFS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VFS is unprofitable, and losses have increased over the past 5 years at a rate of 24.9% per year.
Accelerating Growth: Unable to compare VFS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VFS is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (1.3%).
Return on Equity
High ROE: VFS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.