Microvast Holdings, Inc. financial data

Symbol
MVST, MVSTW on Nasdaq
Industry
Miscellaneous Electrical Machinery, Equipment & Supplies
Location
12603 Southwest Freeway, Suite 210, Stafford, TX
State of incorporation
DE
Fiscal year end
December 31
Former names
Tuscan Holdings Corp. (to 7/21/2021)
Latest financial report
10-K - Q4 2024 - Mar 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 118 % -11.6%
Quick Ratio 42.1 % +22.2%
Debt-to-equity 69.4 %
Return On Equity -41.7 % -127%
Return On Assets -19.8 % -91.4%
Operating Margin -30.6 % +12.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 325M shares +2.52%
Common Stock, Shares, Outstanding 323M shares +2.58%
Entity Public Float 104M USD -70.6%
Common Stock, Value, Issued 33K USD +3.13%
Weighted Average Number of Shares Outstanding, Basic 318M shares +2.43%
Weighted Average Number of Shares Outstanding, Diluted 318M shares +2.43%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 380M USD +23.9%
Revenue from Contract with Customer, Excluding Assessed Tax 101M USD +26.6%
Cost of Revenue 260M USD +4.35%
Research and Development Expense 41.1M USD -8.75%
Selling and Marketing Expense 22.6M USD -4.4%
General and Administrative Expense 81.5M USD -15.8%
Operating Income (Loss) -116M USD -8.77%
Nonoperating Income (Expense) 156K USD -456%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -195M USD -83.7%
Income Tax Expense (Benefit) 0 USD -100%
Net Income (Loss) Attributable to Parent -195M USD -83.8%
Earnings Per Share, Basic -0.61 USD/shares -79.4%
Earnings Per Share, Diluted -0.61 USD/shares -79.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 73M USD +63.9%
Accounts Receivable, after Allowance for Credit Loss, Current 121M USD -13%
Inventory, Net 143M USD -4.29%
Assets, Current 428M USD +0.57%
Property, Plant and Equipment, Net 478M USD -23%
Operating Lease, Right-of-Use Asset 17.6M USD -9.63%
Intangible Assets, Net (Excluding Goodwill) 2.61M USD -16.9%
Other Assets, Noncurrent 14M USD +45.2%
Assets 952M USD -13.2%
Accounts Payable, Current 64.9M USD -42.3%
Contract with Customer, Liability, Current 43.7M USD +1.37%
Liabilities, Current 330M USD -18.2%
Operating Lease, Liability, Noncurrent 14.6M USD -14.6%
Other Liabilities, Noncurrent 30M USD +20.7%
Liabilities 564M USD +5.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -38.2M USD -49.1%
Retained Earnings (Accumulated Deficit) -1.09B USD -21.8%
Stockholders' Equity Attributable to Parent 565M USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 388M USD -31.2%
Liabilities and Equity 952M USD -13.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -5.43M USD +81.5%
Net Cash Provided by (Used in) Financing Activities 6.26M USD +42.8%
Net Cash Provided by (Used in) Investing Activities -4.53M USD +87.4%
Common Stock, Shares Authorized 750M shares 0%
Common Stock, Shares, Issued 325M shares +2.57%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.49M USD +96.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 110M USD +24.3%
Deferred Tax Assets, Valuation Allowance 107M USD +39.9%
Operating Lease, Liability 17.6M USD -9.56%
Payments to Acquire Property, Plant, and Equipment 10.2M USD -71.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -208M USD -82.7%
Lessee, Operating Lease, Liability, to be Paid 21.8M USD -12.1%
Property, Plant and Equipment, Gross 416M USD +2.15%
Operating Lease, Liability, Current 3.04M USD +25.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.82M USD -0.07%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.86M USD +15.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.21M USD -21.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.36M USD -8.22%
Deferred Tax Assets, Operating Loss Carryforwards 64.9M USD -3.88%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.75M USD -28.1%
Operating Lease, Payments 869K USD -2.03%
Additional Paid in Capital 1.51B USD +2.14%
Amortization of Intangible Assets 121K USD -6.2%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 3.9M USD +30.6%