VinFast's Strategy To Push Into Developing Markets Is Intriguing And Could Pay Off
VinFast's domestic sales remain strong, but its international expansion faces stiff competition and slow EV adoption in the US and Europe. The company is targeting emerging markets like India, Indonesia, and the Philippines, which could offer high growth potential as oil prices rise, making EVs more attractive. VFS's loss per vehicle is narrowing significantly, suggesting a path to profitability, though risks remain if financial support wanes.
VinFast Auto Ltd. (VFS) Q1 2025 Earnings Call Transcript
VinFast Auto Ltd. (NASDAQ:VFS ) Q1 2025 Earnings Conference Call June 9, 2025 8:00 AM ET Company Participants Amandae Baey - Corporate Participant Anh Thi Lan Nguyen - CFO & Director Thuy Thu Thi Le - Corporate Participant Chairwoman of the Board - Corporate Participant Conference Call Participants Andres Juan Sheppard-Slinger - Cantor Fitzgerald & Co., Research Division Gregory Robert Lewis - BTIG, LLC, Research Division James Patrick McIlree - Chardan Capital Markets, LLC, Research Division Operator Good day, and thank you for standing by.
VinFast Auto Q1 Earnings: Growth Not Worth The Cost
Vinfast posted strong Q1 revenue growth and improved gross margins, but operating and net losses widened, and cash burn remains severe. The company is heavily reliant on loans and grants from its founder and parent to sustain operations, with a deeply troubled balance sheet. Vinfast trades at a significant premium to most EV peers, making its valuation unattractive given current fundamentals.
VinFast Q4 revenue beats on EV sales surge but losses widen
VinFast Auto Ltd (NASDAQ:VFS) reported mixed results for the fiscal fourth quarter of 2024, as a surge of electric vehicle deliveries drove a stronger-than-expected top line amid profitability challenges. The Vietnamese auto company reported revenue of $677.9 million, ahead of Street estimates of $659.3 million.
VinFast Auto Ltd. (VFS) Q1 2025 Earnings Call Transcript
VinFast Auto Ltd. (NASDAQ:VFS ) Q1 2025 Earnings Conference Call April 24, 2025 8:00 AM ET Company Participants Nhi Nguyen - Investor Relations Le Thi Thu Thuy - Chairwoman of the Board Nguyen Thi Lan Anh - Chief Financial Officer Conference Call Participants Andres Sheppard - Cantor Fitzgerald Greg Lewis - BTIG LLC James McIlree - Chardan Capital Markets Operator Good day, and thank you for standing by.
Vinfast reports 70% surge in fourth-quarter revenue on higher deliveries
Vietnamese electric-vehicle maker Vinfast reported a 70% jump in fourth-quarter revenue on Thursday, helped by higher deliveries of its electric vehicles.
VinFast Auto: A High-Risk, High-Reward EV Play
VinFast Auto has seen significant delivery growth, achieving 342% Y/Y in Q4'24, but continues to incur substantial losses. The EV maker is expanding globally and aims to double deliveries in 2025, potentially reducing operating losses over time. This year, VinFast Auto will continue to roll out new EV models and expand its dealer and service network in overseas markets.
VinFast plans to install EV charging stations across Indonesia, minister says
Indonesia's investment minister said that Vietnamese electric vehicle maker VinFast planned to install as many as 100,000 charging stations across the country, after President Prabowo Subianto met company representatives on Tuesday.
Vingroup signs deal for potential Qatar fund investment of $1 billion in VinFast
Vietnamese conglomerate Vingroup said on Tuesday it had signed a memorandum of understanding with private equity fund JTA Investment Qatar to explore a potential $1 billion investment in the electric carmaker VinFast.
VinFast speeds up EV deliveries but struggles to sell outside Vietnam
Vietnamese electric vehicle maker VinFast said on Thursday it delivered about 97,000 cars last year, nearly three times as many as in 2023, but sales were almost exclusively in its domestic market.
EV maker VinFast's losses heap pressure on parent Vingroup as foreign investors sell
Vietnamese conglomerate Vingroup is facing renewed scrutiny on its strategy of backing loss-making electric vehicle maker VinFast , with its shares near multi-year lows as foreign investors sell and its borrowing costs rise.
Should You Buy VinFast Auto Ltd. (VFS) After Golden Cross?
VinFast Auto Ltd. (VFS) reached a significant support level, and could be a good pick for investors from a technical perspective.
