Earnings Alerts

Vinfast (VFS) Earnings Report: Q3 Losses Widen with 13.25T Dong Net Loss Despite 21,912 Vehicle Deliveries

By November 26, 2024 No Comments
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  • VinFast Auto’s total revenue for the third quarter is 12.33 trillion dong.
  • Revenue from vehicle sales is 11.25 trillion dong.
  • The company recorded a gross margin of -24%.
  • Operating losses amounted to 8.12 trillion dong.
  • Net losses were reported at 13.25 trillion dong.
  • Loss per share stands at 5,656 dong.
  • A total of 21,912 vehicles were delivered in the third quarter.
  • Deliveries of e-scooters reached 18,894 units.
  • VinFast Auto has cash and cash equivalents totaling 1.89 trillion dong.
  • The company maintains a forecast of 80,000 vehicle deliveries for the year.
  • Analysts’ recommendations include 3 buys and no holds or sells.

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A look at Vinfast Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth2
Resilience5
Momentum2
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts at Smartkarma have assessed Vinfast‘s long-term outlook using the Smart Scores, a comprehensive rating system that evaluates key factors for the company. Vinfast‘s overall outlook is a combination of factors such as Value, Dividend, Growth, Resilience, and Momentum. While Vinfast scores moderately in Value and Growth, the company’s Dividend score is lower. However, Vinfast excels in Resilience and has a moderate score for Momentum, indicating a robust and stable foundation for future growth.

Vinfast Auto Ltd. is a leading player in the electric vehicle market, with a strong focus on designing and producing premium EVs, electric scooters, and electric buses. The company’s global reach positions it well to capitalize on the growing demand for sustainable mobility solutions. With a high Resilience score, Vinfast demonstrates its ability to weather challenges and adapt to market conditions, presenting a promising long-term outlook for investors looking to capitalize on the future of electric vehicles.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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