VinFast Auto Ltd.
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. The company operates through three segments: namely Car, E-scooters and Ebus. It offers the design, development, manufacturing and sales of e-scooters and related battery lease and battery charging service for cars, e-scooters, and Ebus. The company… Read more
VinFast Auto Ltd. (0TL) - Net Assets
Latest net assets as of September 2025: €-99.28 Trillion EUR
Based on the latest financial reports, VinFast Auto Ltd. (0TL) has net assets worth €-99.28 Trillion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€183.18 Trillion) and total liabilities (€282.47 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-99.28 Trillion |
| % of Total Assets | -54.2% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
VinFast Auto Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how VinFast Auto Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for VinFast Auto Ltd. (2021–2024)
The table below shows the annual net assets of VinFast Auto Ltd. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €-94.90 Trillion | -45.09% |
| 2023-12-31 | €-65.41 Trillion | -78.38% |
| 2022-12-31 | €-36.67 Trillion | +52.34% |
| 2021-12-31 | €-76.94 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to VinFast Auto Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 19037525100000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €103.08 Trillion | % |
| Total Equity | €-164.71 Trillion | 100.00% |
VinFast Auto Ltd. Competitors by Market Cap
The table below lists competitors of VinFast Auto Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nissan Shatai Co. Ltd
PINK:NSNHF
|
$133.29 Million |
|
Plano & Plano Desenvolvimento Imobiliário S.A
SA:PLPL3
|
$133.29 Million |
|
ZALARIS ASA A NK -10
F:81Y
|
$133.32 Million |
|
Sterling Bancorp Inc
NASDAQ:SBT
|
$133.34 Million |
|
China Aluminum International Engineering Corporation Limited
F:4AI
|
$133.20 Million |
|
Shin Ruenn Development Co Ltd
TWO:6186
|
$133.13 Million |
|
Pollard Banknote Limited
PINK:PBKOF
|
$133.10 Million |
|
Morepen Laboratories Limited
NSE:MOREPENLAB
|
$133.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VinFast Auto Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -142,782,394,000,000 to -164,711,670,000,000, a change of -21,929,276,000,000.
- Net loss of 77,265,364,000,000 reduced equity.
- New share issuances of 21,994,658,000,000 increased equity.
- Other factors increased equity by 33,341,430,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-77.27 Trillion | -46.91% |
| Share Issuances | €21.99 Trillion | +13.35% |
| Other Changes | €33.34 Trillion | +20.24% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares VinFast Auto Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €-33126.39 | €2.58 | x |
| 2022-12-31 | €-49138.41 | €2.58 | x |
| 2023-12-31 | €-61075.84 | €2.58 | x |
| 2024-12-31 | €-70425.34 | €2.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VinFast Auto Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -175.53%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -200.79% | 0.19x | 0.00x | €-24.49 Trillion |
| 2022 | 0.00% | -379.73% | 0.12x | 0.00x | €-41.48 Trillion |
| 2023 | 0.00% | -215.78% | 0.19x | 0.00x | €-45.89 Trillion |
| 2024 | 0.00% | -175.53% | 0.28x | 0.00x | €-60.79 Trillion |
Industry Comparison
This section compares VinFast Auto Ltd.'s net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $10,124,442,973,971
- Average return on equity (ROE) among peers: -75.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VinFast Auto Ltd. (0TL) | €-99.28 Trillion | 0.00% | N/A | $133.24 Million |
| BYD CO.LTD SDR/0,10 O.N. (4BY1) | $150.46 Billion | 19.97% | 3.52x | $6.30 Billion |
| Xinchen China Power Holdings Limited (4XI) | $2.18 Billion | -37.03% | 1.29x | $14.19 Million |
| Ebusco Holding N.V. (8J30) | $27.50 Million | -729.52% | 5.55x | $8.23 Million |
| Hyundai Motor Company (HYU) | $90.90 Trillion | 8.10% | 1.81x | $9.78 Billion |
| Immsi S.p.A (IMY) | $392.56 Million | -2.21% | 4.52x | $71.78 Million |
| Dr Ing hcF Porsche AG (P911) | $23.06 Billion | 15.58% | 1.32x | $2.10 Billion |
| Porsche AG (P911) | $5.34 Billion | 26.10% | 1.74x | $2.10 Billion |
| Pininfarina S.p.A (PNF) | $40.19 Million | 6.09% | 1.40x | $8.94 Million |
| Weichai Power Co. Ltd (WI4) | $41.94 Billion | 11.93% | 1.91x | $20.22 Billion |