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VinFast Auto (VFS)
NASDAQ:VFS
Earnings Data
Report Date
Jun 09, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.22Last Year’s EPS
-0.26Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: 4.64%
|Next Earnings Date:Jun 09, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted VinFast's impressive growth in deliveries, international expansion, and strategic initiatives. However, challenges such as gross margin pressures, increased operating expenses, and ongoing net losses were also evident. The company remains optimistic about its 2025 outlook, driven by product innovation and market expansions.Company Guidance
During VinFast's Q4 2024 and full-year earnings call, the company provided guidance for 2025, emphasizing a target to double the previous year's deliveries, with a strong focus on expanding market share in Vietnam and international markets, particularly in Asia. The company reported 97,399 EV deliveries in 2024, surpassing its 80,000 target, and projected further growth driven by new CKD plants in Asia, expected to add a capacity of up to 300,000 vehicles annually. VinFast also highlighted a 160% growth in showrooms, from 123 in December 2023 to 322 by March 2025. The guidance underscored an ongoing commitment to product innovation, with a focus on affordability and quality, aiming for a full-year EBITDA profitability while navigating macroeconomic uncertainties.Exceeding Delivery Targets
VinFast achieved a total delivery of 97,399 EVs globally in 2024, surpassing the initial target of 80,000. Q4 2024 saw a significant increase with 53,139 vehicles delivered, marking a 143% quarter-over-quarter and 342% year-over-year growth.
International Expansion
International sales grew by 10x year-over-year, increasing from 3% to 10% of total deliveries. VinFast expanded its showroom presence significantly with a 160% growth in the number of showrooms as of March 2025.
Improved Gross Margin
Full-year gross margin excluding NRV and one-off accounting charges improved to -32% from -40% in 2023. Q4 2024 saw a decrease in average unit BOM and production costs for EVs by 16% and 43% respectively.
Strategic Partnerships and Ecosystem Development
VinFast launched new entities like GSM and V-Green to form a green mobility ecosystem. This ecosystem aims to overcome consumer skepticism by offering low-risk exposure to EVs before purchase.
Capital Support and Liquidity
VinFast strengthened its balance sheet with over $1.5 billion in disbursements from its founder and loans, with a liquidity position of approximately $3 billion as of March 2025.
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VFS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VFS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 24, 2025 | $3.23 | $3.32 | +2.79% |
| Nov 26, 2024 | $3.93 | $3.95 | +0.51% |
| Sep 20, 2024 | $3.96 | $3.66 | -7.58% |
| Apr 17, 2024 | $3.07 | $2.72 | -11.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does VinFast Auto (VFS) report earnings?
VinFast Auto (VFS) is schdueled to report earning on Jun 09, 2025, TBA Not Confirmed.
What is VinFast Auto (VFS) earnings time?
VinFast Auto (VFS) earnings time is at Jun 09, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VFS EPS forecast?
VFS EPS forecast for the fiscal quarter 2025 (Q1) is -0.22.
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