VinFast Auto (VFS) Change in Working Capital (2023 - 2026)
VinFast Auto (VFS) posted quarterly Change in Working Capital of $8.6 billion for Q1 2026, up 163.43% YoY from $3.3 billion in Q1 2025, and up 163.43% sequentially from -$13.6 billion in Q1 2025.
VinFast Auto (VFS) Change in Working Capital (2023 - 2026) Analysis & Trends
VinFast Auto has disclosed Change in Working Capital across 4 years of filings, most recently posting $8.6 billion for Q1 2026.
- In Q1 2026, Change in Working Capital rose 163.43% year-over-year to $8.6 billion; the TTM figure through Mar 2026 stood at -$29192.0 billion (changed N/A YoY), while the FY2023 annual figure was -$57176.2 billion, down 14.7% from the prior year.
- Change in Working Capital improved to $8.6 billion in Q1 2026, from -$13.6 billion in the prior quarter.
- Over the last five years, Change in Working Capital for VFS reached as high as $8.6 billion in Q1 2026 and fell as low as -$14841.9 billion in Q1 2024.
- The 4-year median for Change in Working Capital is -$7179.4 billion (2023), against an average of -$7298.0 billion.
- Annual changes were most pronounced in 2024 — Change in Working Capital decreased 3.46% — and 2026, when it jumped 163.43%.
- A 4-year view of Change in Working Capital shows it stood at -$14345.1 billion in 2023, then declined by 3.46% to -$14841.9 billion in 2024, then surged by 99.91% to -$13.6 billion in 2025, then surged by 163.43% to $8.6 billion in 2026.
- According to Business Quant data, Change in Working Capital over the past three periods registered $8.6 billion, -$13.6 billion, and -$14841.9 billion for Q1 2026, Q1 2025, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | - |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | - |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | - |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | - |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | - |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | - |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | - |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | 8.63 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | - |
| 10 | China Yuchai International | 1.74 Bn | 678.93 Mn | 317.01 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.63 Bn |
| Mar 31, 2026 | 8.63 Bn |
| Mar 31, 2025 | -13.60 Bn |
| Mar 31, 2025 | -13.60 Bn |
| Mar 31, 2024 | -14,841.88 Bn |
| Mar 31, 2024 | -14,841.88 Bn |
| Mar 31, 2023 | -14,345.12 Bn |
| Mar 31, 2023 | -14,345.12 Bn |