v3.25.2
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
₫ in Millions
 6 Months Ended
Jun. 30, 2025
VND (₫)
Jun. 30, 2025
USD ($)
Jun. 30, 2024
VND (₫)
OPERATING ACTIVITIES      
Net loss for the period ₫ (38,035,374) $ (1,518,256,985) ₫ (33,508,194)
Adjustments:      
Depreciation of property, plant and equipment 5,291,041 211,202,339 4,428,794
Amortization of intangible assets 192,491 7,683,658 179,358
Impairment of assets and changes in fair value of held for sale assets 1,193,063 47,623,463 1,446,312
Changes in operating lease right-of-use assets 356,205 14,218,625 929,984
Provision related to compensation expenses, assurance-type warranties, net realizable value of inventories and others 10,337,614 412,646,256 6,085,993
Deferred tax (income)/expense 229,369 9,155,716 (9,809)
Unrealized foreign exchange losses/(gains) (793,412) (31,670,605) 1,120,560
Net losses on financial instruments at fair value through profit or loss 1,945,794 77,670,206 1,561,949
Change in amortized costs of financial instruments measured at amortized cost other than nominal interest 1,373,535 54,827,359 1,427,480
Losses on disposal and write-off of fixed assets 420,807 16,797,342 175,390
Share of losses from equity investees 127,277 5,080,513 31,902
Share-based compensation expenses (4,065) (162,262) 71,953
Change in working capital:      
Trade receivables and advance to suppliers, net investment in sales-type lease 3,578,208 142,831,231 841,435
Inventories (12,252,641) (489,088,336) (3,982,884)
Trade payables, deferred revenue and other payables 213,451 8,520,318 (11,134)
Operating lease liabilities (438,643) (17,509,301) (743,443)
Prepayments, other receivables and other assets (420,693) (16,792,791) (334,866)
Net cash flows used in operating activities (26,685,973) (1,065,223,256) (20,289,220)
INVESTING ACTIVITIES      
Purchase of property, plant and equipment, and intangible assets (8,943,376) (356,992,496) (7,407,648)
Payment under a business investment and cooperation contract (2,300,000) (91,809,037)  
Proceeds from disposal of property, plant and equipment 316,650 12,639,709 14,171
Disbursement of bank deposit and loans (2,511,888) (100,266,965) (4,332,754)
Collection of bank deposit 818,975 32,691,003  
Payment for acquisition of a subsidiary     (10,252)
Proceeds from disposal of equity investment (net of cash held by entity being disposed)     (20,000)
Receipt from government grants 151,161 6,033,890 921,365
Net cash flows used in investing activities (12,468,478) (497,703,896) (10,835,118)
FINANCING ACTIVITIES      
Capital contribution from owners 16 639  
Additional amount paid up to convert warrants to capital 54 2,156  
Deemed contribution from owners 23,000,000 918,090,372 16,994,659
Proceeds from borrowings 57,703,356 2,303,343,286 45,223,504
Cash payment under a business cooperation contract     (3,750,000)
Repayment of borrowings (31,056,414) (1,239,678,030) (28,442,486)
Net cash flows from financing activities 49,647,012 1,981,758,422 30,025,677
Net decrease in cash and cash equivalents and restricted cash 10,492,561 418,831,271 (1,098,661)
Cash, cash equivalents and restricted cash at beginning of the period 7,288,270 290,925,675 4,858,767
Net foreign exchange differences (266,913) (10,654,359) (78,343)
Cash, cash equivalents and restricted cash at end of the period 17,513,918 699,102,587 3,681,763
Supplement disclosures of non-cash activities      
Debt conversion to equity 10,000,000 399,169,727  
Non-cash property, plant and equipment additions 7,344,870 293,184,975 6,731,875
Establishment of right-of-use assets and lease liabilities at commencement dates, lease modification and other non-cash changes 2,687,236 107,266,326 227,287
Supplemental Disclosures      
Interest paid, net of capitalized interest 4,598,050 183,540,236 4,316,595
Income tax paid ₫ 55,180 $ 2,202,619 ₫ 11,636