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VinFast Auto (VinFast Auto) Net Margin % : -204.00% (As of Mar. 2024)


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What is VinFast Auto Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. VinFast Auto's Net Income for the three months ended in Mar. 2024 was $-582 Mil. VinFast Auto's Revenue for the three months ended in Mar. 2024 was $285 Mil. Therefore, VinFast Auto's net margin for the quarter that ended in Mar. 2024 was -204.00%.

The historical rank and industry rank for VinFast Auto's Net Margin % or its related term are showing as below:

VFS' s Net Margin % Range Over the Past 10 Years
Min: -332.66   Med: -200.35   Max: -138.42
Current: -170.93


VFS's Net Margin % is ranked worse than
96.18% of 1283 companies
in the Vehicles & Parts industry
Industry Median: 3.31 vs VFS: -170.93

VinFast Auto Net Margin % Historical Data

The historical data trend for VinFast Auto's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

VinFast Auto Net Margin % Chart

VinFast Auto Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Margin %
-138.42 -200.79 -332.66 -199.91

VinFast Auto Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -728.65 -157.35 -181.56 -150.03 -204.00

Competitive Comparison of VinFast Auto's Net Margin %

For the Auto Manufacturers subindustry, VinFast Auto's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VinFast Auto's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, VinFast Auto's Net Margin % distribution charts can be found below:

* The bar in red indicates where VinFast Auto's Net Margin % falls into.



VinFast Auto Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

VinFast Auto's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-2254.217/1127.643
=-199.91 %

VinFast Auto's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-582.013/285.306
=-204.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


VinFast Auto  (NAS:VFS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


VinFast Auto Net Margin % Related Terms

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VinFast Auto (VinFast Auto) Business Description

Traded in Other Exchanges
Address
Dinh Vu – Cat Hai Economic Zone, Cat Hai Islands, Cat Hai Town, Cat Hai District, Hai Phong, VNM
VinFast Auto Ltd manufacture cars, and motor vehicles, render leasing activities, trade smartphones, and related businesses. The company is engaged in designing and manufacturing premium EVs, e-scooters, and e-buses. The company's initial EV product line is an all-new range of fully-electric A- through E-segment SUVs. The Company has three reportable segments, namely Automobiles, E-scooter, Spare parts & Aftermarket services. The Automobiles segment includes the design, development, manufacturing, and sales of cars and electric buses. The E-scooter segment includes the design, development, manufacturing, and sales of e-scooters. The sales of spare parts and rendering of aftermarket services for automobiles and e-scooters are included in the Spare parts & Aftermarket services segment.