VinFast Auto Ltd.
VFS · XNASCIK 1913510fmd_1ED86ZZ3XA3792NE5GDHV72TG7Manufacturing · Motor Vehicles & Passenger Car BodiesTemplate: Standard
Coverage: Jan 01, 2021 to Jun 30, 2025, 6 periods
| Line item | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|
| Total revenues | 16,028,182 | 13,927,746 | 27,883,821 | 44,019,015 |
| Cost of revenue | 25,283,958 | 26,974,525 | 41,594,732 | 69,296,654 |
| Gross profit | (9,255,776) | (13,046,779) | (13,710,911) | (25,277,639) |
| Realized investment gains (losses) | 956,588 | – | – | – |
| Provision for credit losses | 206,325 | 172,571 | – | – |
| Research and development | 9,255,376 | 21,196,862 | 15,414,442 | 10,025,329 |
| Selling, general and administrative | 4,628,399 | 9,433,465 | 11,273,285 | 16,888,031 |
| Compensation and benefits | 4,340,322 | 109,431 | 1,111,317 | – |
| Total operating expenses | 17,811,625 | 29,989,459 | 27,080,978 | – |
| Operating income | (27,067,401) | (44,556,247) | (41,970,653) | (55,399,158) |
| Interest expense | 3,442,117 | 6,527,870 | 10,129,306 | 15,661,165 |
| Interest and investment income | 446,139 | 163,120 | 422,746 | 354,530 |
| Income before taxes | (32,009,724) | (51,896,362) | (60,173,423) | (77,384,644) |
| Income tax expense | 209,237 | 1,062,335 | 76,925 | (29,695) |
| Net income from continuing operations | (32,218,961) | (52,958,697) | (60,250,348) | (77,354,949) |
| Net income | (32,183,727) | (52,887,812) | (60,168,126) | (77,265,364) |
| Net income to common shareholders | (32,183,727) | (52,887,812) | (60,168,126) | (77,265,364) |