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VinFast Auto Ltd.
CIK 0001913510 · EDGAR ↗
cleanelevatedtriggeredno dataplanned
87.7
composite · 3 signals · TRIGGERED

Every card below shows the score and the exact filing data it was computed from — no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded — never a guess.

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Signals

P-01 · FY 2024-12-31 · TRIGGERED100.0

Earnings quality

Beneish M-Score 4.68 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2025-04-28) ↗
Evidence — inputs and thresholds
{
  "m_score": 4.684,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 10.031,
    "GMI": 0.832,
    "AQI": 0.706,
    "SGI": 1.547,
    "DEPI": 0.739,
    "SGAI": 1,
    "LVGI": 0.971,
    "TATA": -0.3
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": -0.3225,
  "inputs": {
    "revenue_t": 1808876721,
    "revenue_t1": 1169189181,
    "total_assets_t": 6409143045,
    "net_income_t": -3175071461,
    "cfo_t": -1252042779
  },
  "stale": false,
  "latest_filing_period": "2024-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1913510/000141057825000943/0001410578-25-000943-index.htm",
    "form": "20-F",
    "filed": "2025-04-28"
  }
}
P-13 · FY 2024-12-31 · ELEVATED100.0

Zombie / distress

Interest coverage -3.54x below 1.0
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2025-04-28) ↗
Evidence — inputs and thresholds
{
  "icr_by_year": {
    "2024-12-31": -3.537,
    "2023-12-31": -4.511
  },
  "consecutive_years_below_1": 2,
  "altman_z_double_prime": -13.363,
  "definitions": {
    "zombie": "ICR<1 for 3+ consecutive FYs (BIS 2018)",
    "z_distress": "<1.1 distress, 1.1-2.6 gray, >2.6 safe"
  },
  "inputs": {
    "ebit_t": -2276521800,
    "interest_expense_t": 643565441
  },
  "stale": false,
  "latest_filing_period": "2024-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1913510/000141057825000943/0001410578-25-000943-index.htm",
    "form": "20-F",
    "filed": "2025-04-28"
  }
}
P-12 · FY 2024-12-31 · CLEAN8.0

Restatement predictor

F-Score 0.24 — at or below the population base rate
trend: flat
Trend
Source: 20-F on SEC.gov (filed 2025-04-28) ↗
Evidence — inputs and thresholds
{
  "f_score": 0.241,
  "probability": 0.00089,
  "components": {
    "rsst": -0.3225,
    "drec": 0.0337,
    "dinv": -0.0139,
    "soft": 0.4742,
    "dcs": 0.3754,
    "droa": -0.0597,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2024-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1913510/000141057825000943/0001410578-25-000943-index.htm",
    "form": "20-F",
    "filed": "2025-04-28"
  }
}