VinFast Auto Ltd. (NASDAQ:VFS) Faces Financial Cha…

From Financial Modeling Prep: 2024-11-07 05:06:08

VinFast Auto Ltd. (NASDAQ:VFS) surpassed earnings per share expectations with -$0.21, but fell short on revenue at $357 million. The company faced a significant gross loss of $224 million in Q2 2024 due to an impairment charge, leading to a stock price decrease. Financial ratios indicate a negative P/E ratio of -3.46, low liquidity with a current ratio of 0.32, and a negative debt-to-equity ratio of -0.49.



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