tradmap

VFS Financials VinFast Auto Ltd.

4 years of revenue, profit, cash flow and balance-sheet history through FY2024, from SEC filings, in VND as reported — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 40.0% per year over the past 3 years.
  • Operating margin has expanded, at -125.9% in the latest year.

Financial health

  • Total debt (₫22.86T) exceeds cash (₫3.31T); net debt is ₫19.56T.
  • Total debt has grown slower than revenue (-25.9% vs 40.0% per year).
  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-₫77.3T -₫16.6T ₫44.0T ₫0 2021 2022 2023 2024
RevenueNet income
Margins (gross / operating / net)
-380% -190% 0% 2021 2022 2023 2024
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-50% -1% 47% 0% 2021 2022 2023 2024
ROEROA
Free cash flow (CFO − capex)
-₫74.8T -₫37.4T ₫0 2021 2022 2023 2024
Free cash flow
Cash vs total debt
₫0 ₫20.8T ₫41.6T 2021 2022 2023 2024
CashTotal debt
Cash flow: operating / investing / financing
-₫50.3T ₫12.6T ₫75.5T ₫0 2021 2022 2023 2024
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2024 ₫44.02T -₫77.27T -57.4% -125.9% 46.9% -49.5% -₫47.16T ₫22.86T ₫3.31T
2023 ₫27.88T -₫60.17T -49.2% -150.5% 42.1% -41.0% -₫74.80T ₫30.17T ₫4.10T
2022 ₫13.93T -₫52.89T -93.7% -319.9% 46.3% -46.6% -₫71.21T ₫41.62T ₫4.36T
2021 ₫16.03T -₫32.18T -57.7% -168.9% — — -₫34.98T — ₫3.02T

Frequently asked questions

Is VFS growing its revenue and profit?

Over the past 3 years, VinFast Auto Ltd.'s revenue has grown 40.0% per year. These are computed facts, not advice.

How much debt does VFS have?

As of FY2024, VinFast Auto Ltd. reported ₫22.86T of total debt against ₫3.31T of cash.

What is VFS's profit margin?

In FY2024, gross margin was -57.4%, operating margin -125.9%, and net margin -175.5%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in VND as reported (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (annual and interim filings, reported in VND) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.