VinFast Historical Income Statement
| VFS Stock | 3.91 0.06 1.51% |
Historical analysis of VinFast Auto income statement accounts such as Tax Provision of 71 B, Interest Income of 78.5 B, Depreciation And Amortization of 6.2 T or Interest Expense of 6.9 T can show how well VinFast Auto Ltd performed in making a profits. Evaluating VinFast Auto income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of VinFast Auto's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining VinFast Auto latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether VinFast Auto is a good buy for the upcoming year.
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About VinFast Income Statement Analysis
VinFast Auto Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to VinFast Auto shareholders. The income statement also shows VinFast investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
VinFast Auto Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts VinFast Auto generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Cost Of Revenue
Cost of Revenue is found on VinFast Auto income statement and represents the costs associated with goods and services VinFast Auto provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on VinFast Auto income statement and is an important metric when analyzing VinFast Auto profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from VinFast Auto's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into VinFast Auto current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VinFast Auto Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. Tax Provision is likely to drop to about 71 B in 2024. Net Interest Income is likely to gain to about (11.4 T) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 5.2T | 6.7T | 6.3T | 6.2T | Interest Income | 440.3B | 83.6B | 82.7B | 78.5B |
VinFast Auto income statement Correlations
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VinFast Auto Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with VinFast Auto
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VinFast Auto position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VinFast Auto will appreciate offsetting losses from the drop in the long position's value.Moving against VinFast Stock
The ability to find closely correlated positions to VinFast Auto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VinFast Auto when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VinFast Auto - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VinFast Auto Ltd to buy it.
The correlation of VinFast Auto is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VinFast Auto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VinFast Auto moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for VinFast Auto can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for VinFast Stock Analysis
When running VinFast Auto's price analysis, check to measure VinFast Auto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VinFast Auto is operating at the current time. Most of VinFast Auto's value examination focuses on studying past and present price action to predict the probability of VinFast Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VinFast Auto's price. Additionally, you may evaluate how the addition of VinFast Auto to your portfolios can decrease your overall portfolio volatility.