VinFast Auto (VFS) Equity Ratio (2021 - 2026)
VinFast Auto (VFS) posted quarterly Equity Ratio of 0.54 for Q1 2026, down 3414.79% YoY from 0.02 in Q1 2025, and down 6.72% sequentially from 0.51 in Q4 2025.
VinFast Auto (VFS) Equity Ratio (2021 - 2026) Analysis & Trends
VinFast Auto has disclosed Equity Ratio across 5 years of filings, most recently posting 0.54 for Q1 2026.
- In Q1 2026, Equity Ratio fell 3414.79% year-over-year to 0.54; the TTM figure through Mar 2026 stood at 0.54 (down 3414.79% YoY), while the FY2025 annual figure was 0.51, up 16.85% from the prior year.
- Equity Ratio eased to 0.54 in Q1 2026, from 0.51 in the prior quarter.
- Over the last five years, Equity Ratio for VFS reached as high as 0.02 in Q1 2025 and fell as low as 0.63 in Q3 2024.
- The 5-year median for Equity Ratio is 0.54 (2025), against an average of 0.49.
- Annual changes were most pronounced in 2025 — Equity Ratio soared 97.2% — and 2026, when it slumped 3414.79%.
- A 5-year view of Equity Ratio shows it stood at 0.32 in 2022, then sank by 37.99% to 0.45 in 2023, then slumped by 36.61% to 0.61 in 2024, then gained by 16.85% to 0.51 in 2025, then slipped by 6.72% to 0.54 in 2026.
- According to Business Quant data, Equity Ratio over the past three periods registered 0.54, 0.51, and 0.54 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 0.59 |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 0.13 |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 0.22 |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | - |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 0.31 |
| 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 | -1.03 |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -0.05 |
| 10 | China Yuchai International | 1.74 Bn | 678.93 Mn | 317.01 Mn | 0.30 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.03 |
| Dec 31, 2025 | -0.95 |
| Sep 30, 2025 | -0.82 |
| Jun 30, 2025 | -0.99 |
| Mar 31, 2025 | -0.03 |
| Dec 31, 2024 | -1.06 |
| Sep 30, 2024 | -1.14 |
| Jun 30, 2024 | -1.07 |
| Mar 31, 2024 | -1.08 |
| Dec 31, 2023 | -0.97 |
| Sep 30, 2023 | -1.14 |
| Jun 30, 2023 | -1.20 |
| Dec 31, 2022 | -1.00 |
| Dec 31, 2021 | -0.90 |