Earnings Alerts

Vinfast (VFS) Earnings: 4Q Revenue Falls Short with Widening Operating Losses

  • VinFast Auto’s total revenue for the fourth quarter was 16.50 trillion dong, falling short of the estimated 17.3 trillion dong.
  • The company’s vehicle sales accounted for 15.44 trillion dong of the total revenue.
  • VinFast reported a substantial gross margin of -79.1%.
  • The operating loss was significant at 23.85 trillion dong, while analysts had estimated a loss of 9.26 trillion dong.
  • The net loss reached 30.59 trillion dong, exceeding the estimated loss of 13.48 trillion dong.
  • The company delivered 53,139 vehicles and 31,170 e-scooters in the quarter.
  • Despite financial challenges, VinFast still targets to at least double its global deliveries by 2025.
  • Investor sentiment remains positive with 3 buy ratings, no holds, and no sells reported.

Vinfast on Smartkarma

Analysts on Smartkarma are closely watching Vinfast‘s progress, especially Angus Mackintosh, who published a bullish report titled “Vinfast (VFS US) – Direct-To-Consumer Taking Over.” In his analysis, Mackintosh highlights Vinfast‘s successful strategies in showcasing electric vehicles (EVs) through innovative methods such as ride-hailing, leasing batteries, captive charging infrastructure, and offering guaranteed resale values. Vinfast, already the leading auto brand in Vietnam, is expanding into markets like Indonesia, the Philippines, India, and the US. Notably, around 80% of Vinfast‘s total EV sales now come from direct retail sales, indicating a shift in the company’s sales approach.


A look at Vinfast Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth2
Resilience3
Momentum5
OVERALL SMART SCORE2.8

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 using the Smartkarma Smart Scores have provided valuable insights into the long-term outlook for Vinfast, a company at the forefront of electric vehicle innovation. With a solid overall score reflecting a positive trajectory, Vinfast showcases notable strengths in various key factors. Notably, the company excels in Momentum, reflecting strong market performance and investor interest in its offerings, indicating a promising future in the competitive electric vehicle sector.

Vinfast‘s strategic positioning is further bolstered by commendable scores in Value and Resilience, underlining its commitment to providing value to investors and its ability to navigate market challenges effectively. Although there are areas such as Dividend and Growth where Vinfast has room for improvement, its focus on innovation and premium electric vehicle offerings positions the company favorably for sustainable growth and continued global success.


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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