VinFast Auto Ltd. Ordinary Shares
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. Ordinary Shares (VFS) - Net Assets
Latest net assets as of September 2025: $-99.28 Trillion USD
Based on the latest financial reports, VinFast Auto Ltd. Ordinary Shares (VFS) has net assets worth $-99.28 Trillion USD 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. Ordinary Shares - Net Assets Trend (2020–2024)
This chart illustrates how VinFast Auto Ltd. Ordinary Shares'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. Ordinary Shares (2020–2024)
The table below shows the annual net assets of VinFast Auto Ltd. Ordinary Shares from 2020 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 | -1344.98% |
| 2020-12-31 | $6.18 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to VinFast Auto Ltd. Ordinary Shares'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 22343592700000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.87 Trillion | % |
| Other Comprehensive Income | $-460.64 Billion | % |
| Other Components | $93.67 Trillion | % |
| Total Equity | $-164.71 Trillion | 100.00% |
VinFast Auto Ltd. Ordinary Shares Competitors by Market Cap
The table below lists competitors of VinFast Auto Ltd. Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Binh Minh Plastics JSC
VN:BMP
|
$148.59 Million |
|
Jiangsu Topfly New Materials
SHE:001373
|
$148.61 Million |
|
Shandong Swan Cotton
SHG:603029
|
$148.62 Million |
|
New Fortress Energy LLC
NASDAQ:NFE
|
$148.67 Million |
|
Home Invest Belgium - Sifi
BR:HOMI
|
$148.59 Million |
|
Zaggle Prepaid Ocean Services Limited
NSE:ZAGGLE
|
$148.58 Million |
|
Pihlajalinna Oyj
PINK:PIHLF
|
$148.51 Million |
|
ADVANCEDADVT LTD. ORD NPV
F:06P0
|
$148.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VinFast Auto Ltd. Ordinary Shares'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 comprehensive income decreased equity by 74,771,000,000.
- Other factors increased equity by 33,416,201,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-77.27 Trillion | -46.91% |
| Share Issuances | $21.99 Trillion | +13.35% |
| Other Comprehensive Income | $-74.77 Billion | -0.05% |
| Other Changes | $33.42 Trillion | +20.29% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares VinFast Auto Ltd. Ordinary Shares'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 |
|---|---|---|---|
| 2020-12-31 | $2648.39 | $2.95 | x |
| 2021-12-31 | $-33126.38 | $2.95 | x |
| 2022-12-31 | $-49138.40 | $2.95 | x |
| 2023-12-31 | $-61788.55 | $2.95 | x |
| 2024-12-31 | $-70437.83 | $2.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VinFast Auto Ltd. Ordinary Shares 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 above the historical average (-61.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -308.12% | -138.42% | 0.15x | 15.11x | $-19.56 Trillion |
| 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. Ordinary Shares's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $23,464,126,061
- Average return on equity (ROE) among peers: -90.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VinFast Auto Ltd. Ordinary Shares (VFS) | $-99.28 Trillion | -308.12% | N/A | $148.59 Million |
| Thunder Power Holdings, Inc. (AIEV) | $6.52 Million | -38.36% | 1.08x | $710.14K |
| Robo.ai Inc. (AIIO) | $138.98 Million | 0.40% | 0.00x | $23.12 Million |
| Aston Martin Lagonda Global Holdings plc (AMGDF) | $249.00 Million | -43.01% | 3.45x | $289.13 Million |
| Arrival (ARVLF) | $1.23 Billion | -106.38% | 0.44x | $803.89 |
| AYRO Inc (AYRO) | $3.04 Million | -525.91% | 0.85x | $4.36 Million |
| Bayerische Motoren Werke Aktiengesellschaft (BAMXF) | $92.92 Billion | 12.15% | 1.70x | $29.09 Billion |
| BAIC Motor Corporation Limited (BCCMY) | $79.38 Billion | 3.82% | 1.13x | $1.88 Billion |
| Bollinger Innovations, Inc. (BINI) | $9.04 Million | -146.60% | 1.53x | $1.33K |
| BYD Company Limited (BYDDF) | $60.69 Billion | 4.58% | 2.21x | $112.14 Billion |
| Cenntro Electric Group Ltd (CENN) | $7.87 Million | -65.67% | 1.89x | $8.60 Million |