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VinFast to sell R&D unit Novatech to founder Pham Nhat Vuong for $1.5 billion

VinFast will spin off its R&D assets into a new entity, Novatech Research and Development, and sell that unit to founder Pham Nhat Vuong for $1.5 billion to secure additional funding for the loss-making EV maker. Novatech will continue to run VinFast’s manufacturing in Vietnam and help develop new products and technologies as Pham deepens his investment in the company. The move follows VinFast’s global expansion and widening first-quarter net loss amid tough competition. » More on forbes.com

Historical dividends Dividends

All dividend metrics All metrics

In 2010, NovaTech Industries has already paid €1.50 in dividends. The last payout was in May 2010.

Financials

In the last year, NovaTech Industries had revenue of €81.58M and net profit of -€1.31M

(EUR)	2025	YoY
Revenue	81.58M	28.70%
Gross profit	29.69M	37.87%
Net profit	-1.31M	532.70%
EBITDA	724.86K	62.50%

Fundamentals

Metric	Value
Market capitalization	€15.66M
Number of shares	1.01M
52-week high/low	€19.80 - €14.70
Dividends	No
Beta	-0.07
P/E ratio	-14.00
PEG ratio	-0.14
P/B ratio	1.65
P/S ratio	0.22

Company profile

Novatech Industries entwickelt, fertigt und integriert elektronische Lösungen und Produkte in Europa. Das Unternehmen hat seinen Sitz in Lannion, Frankreich.