VinFast Auto Ltd. Ordinary Shares Net Assets
VinFast Auto Ltd. Ordinary Shares net assets. Based on the latest financial reports, VinFast Auto Ltd. Ordinary Shares (VFS) has net assets worth $-99.98 Trillion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($185.18 Trillion) and total liabilities ($285.16 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. Also explore VFS net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-99.98 Trillion |
| % of Total Assets | -53.99% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Net Assets of VinFast Auto Ltd. Ordinary Shares (2020–2025)
Net assets of VinFast Auto Ltd. Ordinary Shares from 2020 to 2025. This chart illustrates how VinFast Auto Ltd. Ordinary Shares's net assets have evolved over time, based on quarterly financial data. See VinFast Auto Ltd. Ordinary Shares net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for VinFast Auto Ltd. Ordinary Shares (2020–2025)
The table below shows the annual net assets of VinFast Auto Ltd. Ordinary Shares from 2020 to 2025. For live market cap and overall valuation, see VinFast Auto Ltd. Ordinary Shares (VFS) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-92.40 Trillion | +2.64% |
| 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 32282058600000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
VinFast Auto Ltd. Ordinary Shares Net Assets Breakdown (December 2025)
VinFast Auto Ltd. Ordinary Shares net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.87 Trillion | % |
| Other Comprehensive Income | $-572.56 Billion | % |
| Other Components | $183.95 Trillion | % |
| Total Equity | $-173.94 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 |
|---|---|
|
Lamb Weston Holdings Inc
NYSE:LW
|
$7.19 Billion |
|
Shenzhen Fastprint Circuit Tech Co Ltd
SHE:002436
|
$7.19 Billion |
|
International Games System Co Ltd
TWO:3293
|
$7.19 Billion |
|
Steel Authority of India Limited
NSE:SAIL
|
$7.19 Billion |
|
Compañía de Minas Buenaventura S.A.A
F:MBU
|
$7.18 Billion |
|
Shandong Nanshan Aluminium Co Ltd
SHG:600219
|
$7.18 Billion |
|
TongKun Group Co Ltd
SHG:601233
|
$7.17 Billion |
|
Waaree Energies Limited
NSE:WAAREEENER
|
$7.17 Billion |
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 2024 to 2025, total equity changed from -164,711,670,000,000 to -173,936,583,000,000, a change of -9,224,913,000,000.
- Net loss of 97,041,887,000,000 reduced equity.
- New share issuances of 63,529,836,000,000 increased equity.
- Other comprehensive income decreased equity by 111,915,000,000.
- Other factors increased equity by 24,399,053,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-97.04 Trillion | -55.79% |
| Share Issuances | $63.53 Trillion | +36.52% |
| Other Comprehensive Income | $-111.92 Billion | -0.06% |
| Other Changes | $24.40 Trillion | +14.03% |
| 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 | $3.27 | x |
| 2021-12-31 | $-33126.38 | $3.27 | x |
| 2022-12-31 | $-49138.40 | $3.27 | x |
| 2023-12-31 | $-61788.55 | $3.27 | x |
| 2024-12-31 | $-70437.83 | $3.27 | x |
| 2025-12-31 | $-74359.01 | $3.27 | 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: -107.31%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-51.35%), 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 |
| 2025 | 0.00% | -107.31% | 0.50x | 0.00x | $-79.65 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: $300,081,799
- Average return on equity (ROE) among peers: -1327.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VinFast Auto Ltd. Ordinary Shares (VFS) | $-99.98 Trillion | -308.12% | N/A | $7.18 Billion |
| Thunder Power Holdings, Inc. (AIEV) | $-604.50K | 0.00% | 0.00x | $710.14K |
| Robo.ai Inc. (AIIO) | $-55.49 Million | 0.00% | 0.00x | $155.15 Million |
| Arrival (ARVLF) | $1.23 Billion | -106.38% | 0.44x | $1.84K |
| AYRO Inc (AYRO) | $68.94K | -12821.26% | 39.30x | $4.47 Million |
| Bollinger Innovations, Inc. (BINI) | $-33.88 Million | 0.00% | 0.00x | $5.06K |
| Cenntro Electric Group Ltd (CENN) | $263.77 Million | -6.23% | 0.10x | $32.34 Million |
| Chijet Motor Company, Inc. Ordinary Shares (CJET) | $-145.49 Million | 0.00% | 0.00x | $3.81 Million |
| China Yuchai International Limited (CYD) | $1.88 Billion | 2.32% | 0.38x | $842.29 Million |
| Digital Currency X Technology Inc. (DCX) | $-145.49 Million | 0.00% | 0.00x | $189.85 Million |
| Damon Inc. Common Stock (DMN) | $10.70 Million | -343.46% | 0.40x | $2.94 Million |
About 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, India, 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 … Read more