← VinFast Auto Ltd.
| Annual Trend | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| ASSETS | |||||
| Current assets: | |||||
| Cash and Cash Equivalents, at Carrying Value | $4.3t | $4.0t | $3.3t | — | |
| Prepaid Expense and Other Assets, Current | $6.5t | $7.3t | $11.5t | — | |
| Short-term Investments | $3.9b | $4.1b | $819.0b | $121.5m | |
| Cash and cash equivalents | $4.3t | $167.7m | $135.9m | $292.7m | |
| Trade receivables | $652.9b | $4.6m | $25.3m | $22.4m | |
| Inventories, net | $21.6t | $1.2b | $1.1b | $1.4b | |
| Short-term prepayments, other receivables and other assets | $6.5t | $302.9m | $472.0m | $570.5m | |
| Inventory, Net | $21.6t | $29.3t | $27.9t | — | |
| Assets, Current | $44.8t | $49.0t | $64.8t | — | |
| Total current assets | $44.8t | $2.0b | $2.7b | $3.4b | |
| Other long-term investments | — | $918.0b | $37.7m | $231.6m | |
| Property, Plant and Equipment, Net | $57.2t | $67.7t | $78.7t | $3.2b | |
| Goodwill | $272.2b | — | — | — | |
| Intangible assets, net | $1.5t | $54.1m | $47.9m | $48.0m | |
| Operating Lease, Right-of-Use Asset | $4.6t | $7.1t | $5.0t | — | |
| Other Assets, Noncurrent | $4.4t | $5.5t | $171.4b | — | |
| Right-of-use assets | — | $7.1t | $210.8m | $252.2m | |
| Additional Financial Items | |||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $538.7b | $330.0b | $5.2t | — | |
| Restricted cash | — | $660.4b | $66.2m | $73.1m | |
| Advances to suppliers | $9.0t | $194.6m | $357.3m | $472.4m | |
| Short-term derivative assets | $532.7b | $23.0m | $7.6m | — | |
| Current net investment in sales-type lease | $5.4b | $3.7m | $5.5m | $1.1m | |
| Short-term amounts due from related parties | $2.0t | $129.1m | $175.6m | $338.0m | |
| Long-term derivative assets | $696.3b | $2.8m | — | $15.4m | |
| Long-term prepayments | $7.6b | $8.1m | $28.0m | $3.5m | |
| Non-current net investment in sales-type lease | $82.1b | $26.0m | $42.1m | $5.5m | |
| Investment in equity investees | — | $1.2t | $47.9m | $42.2m | |
| Long-term amounts due from related parties | $44.5b | $2.0m | $149k | $2.2m | |
| Other non-current assets | $4.4t | $231.5m | $7.0m | $18.2m | |
| Short-term and current portion of long-term interest-bearing loans and borrowings | $14.6t | $1.7b | $1.6b | $1.4b | |
| Short-term financial liabilities | — | $765.0m | $888.4m | $972.4m | |
| Trade payables | $16.6t | $463.6m | $854.4m | $1.3b | |
| Deposits and down-payment from customers | $1.6t | $36.2m | $146.5m | $79.1m | |
| Short-term accruals | $11.1t | $467.2m | $454.5m | $738.7m | |
| Other current liabilities | $21.5t | $2.3b | $3.0b | $2.0b | |
| Current portion of lease liabilities | — | $1.5t | $61.6m | $51.1m | |
| Long-term interest-bearing loans and borrowings | $41.6t | $1.3b | $939.5m | $1.9b | |
| Long-term financial liabilities | $15.2t | $5.7m | $1.5m | $520k | |
| Other non-current liabilities | $22.5t | $853.6m | $2.0b | $1.9b | |
| Non-current lease liabilities | — | $5.3t | $167.5m | $222.4m | |
| Long-term accruals | $16.0b | $5.2m | $13.5m | $113.8m | |
| Ordinary shares (2,338,812,496 and 2,339,536,010 shares issued and outstanding as of December 31, 2024 and 2025, respectively) | 871.0b | 412.6m | 405.5m | 392.8m | |
| Accumulated losses | ($127.2t) | ($7.7b) | ($11.0b) | ($14.6b) | |
| Other comprehensive loss | ($104.1b) | ($16.2m) | ($18.9m) | ($22.8m) | |
| Deficit attributable to equity holders of the parent | ($114.1t) | ($6.0b) | ($6.8b) | ($6.9b) | |
| Non-controlling interests | $77.4t | $3.2b | $2.9b | $3.2b | |
| Accrued Liabilities, Current | $11.1t | $11.1t | $11.1t | — | |
| Total non-current assets | $68.8t | $3.5b | $3.7b | $3.9b | |
| Total non-current liabilities | $84.1t | $2.5b | $3.3b | $4.4b | |
| Total deficit | ($36.7t) | ($2.8b) | ($3.9b) | ($3.7b) | |
| TOTAL DEFICIT AND LIABILITIES | $113.6t | $5.5b | $6.4b | $7.3b | |
| Assets | $113.6t | $131.6t | $156.0t | — | |
| TOTAL ASSETS | $113.6t | $5.5b | $6.4b | $7.3b | |
| LIABILITIES AND EQUITY | |||||
| Current liabilities: | |||||
| Operating Lease, Liability, Current | $768.9b | $1.5t | $1.5t | — | |
| Operating Lease, Liability, Noncurrent | $3.3t | $5.3t | $4.0t | — | |
| Long-term Debt, Excluding Current Maturities | $41.6t | $30.2t | $22.9t | — | |
| Deferred Revenue, Noncurrent | $499.4b | $1.8t | $2.7t | $3.9m | |
| Liabilities, Current | $66.2t | $138.8t | $171.5t | — | |
| Total current liabilities | $66.2t | $5.8b | $7.0b | $6.6b | |
| Deferred Income Tax Liabilities, Net | $948.0b | $925.7b | $938.6b | — | |
| Deferred tax liabilities | $948.0b | $38.8m | $38.6m | $51.6m | |
| Deferred Tax Liabilities, Net | $948.0b | $925.7b | $938.6b | — | |
| Stockholders’ equity: | |||||
| Common Stock, Value, Issued | $871.0b | $9.8t | $9.9t | — | |
| Additional Paid in Capital | $12.3t | $31.7t | $93.7t | $7.3b | |
| Retained Earnings (Accumulated Deficit) | ($127.2t) | ($184.5t) | ($267.8t) | — | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($104.1b) | ($385.9b) | ($460.6b) | — | |
| Stockholders' Equity Attributable to Parent | ($114.1t) | ($143.3t) | ($164.7t) | — | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $77.4t | $77.4t | $69.8t | — | |
| Liabilities and Equity | $113.6t | $131.6t | $156.0t | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.