Microvast Holdings (MVST) Key Ratios

$0.69

up-down-arrow $-0.01 (-1.53%)

As on 04-Sep-2026 13:36EDT

Market cap

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$278 Mln

Revenue (TTM)

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$368 Mln

P/E Ratio

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--

P/B Ratio

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0.5

Div. Yield

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0 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue 43.97 -4.46 -13.03 17.71 23.65
EBIT -- -- 148.01 35.69 26.08
Net Profit -124.87 88.70 137.57 34.02 -24.62
EPS -127.45 89.52 129.80 32.57 21.16
Book Value -- -- 1.09 -15.16 --
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMDec-25Dec-24
EBIT-Margin info -29.89-59.5416.71-6.93-48.91
Net Margin info ---108.8013.95----
Return on equity info -22.15-32.2910.75-7.32-41.06
Return on Capital info -14.61-22.16---3.87-26.30
Return on Assets info -10.76-15.823.59-2.99-19.08
Debt to Equity (x) info ----0.000.940.85
ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
--
-3.87
-26.30
-13.66
-19.51
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

10.75

Lower than Peers by 3.81

Profit after tax / Average Net worth * 100

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
10.75
-7.32
-41.06
-18.07
-24.34
Peer Median
14.56
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

3.59

Lower than Peers by 1.85

Profit after tax / Average Total assets * 100

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
3.59
-2.99
-19.08
-10.22
-15.98
Peer Median
5.44
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

16.71

Higher than Peers by 4.61

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
16.71
-6.93
-48.91
-33.84
-75.72
Peer Median
12.10
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

13.95

Higher than Peers by 5.36

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
13.95
-6.83
-51.46
-34.68
-75.83
Peer Median
8.59
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

0.00

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
0.00
--
--
--
--
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Revenue Growth

-13.03

Lower than Peers by 16.72

Year on year growth in net sales

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
-13.03
0.13
0.24
0.50
0.35
Peer Median
3.70
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

148.01

Higher than Peers by 144.01

Year on year growth in operating profit (EBIT)

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
148.01
84.04
-78.99
32.98
22.99
Peer Median
4.00
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

137.57

Higher than Peers by 130.02

Year on year growth in profit after tax

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
137.57
85.05
-83.81
32.78
26.76
Peer Median
7.56
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

129.80

Higher than Peers by 119.66

Year on year growth in earnings per share

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
129.80
0.86
-0.79
0.34
0.29
Peer Median
10.14
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

41.44

Higher than Peers by 32.02

Year on year growth in book value per share

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
41.44
--
--
--
--
Peer Median
9.42
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Debt to Equity

--

--

Total debt / Net worth

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
--
0.94
0.85
0.36
0.29
Peer Median
0.46
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

0.30

--

(Short term borrowings / Net worth)

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
0.30
0.77
0.32
0.18
0.14
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

1.09

Lower than Peers by 0.96

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
1.09
0.92
1.30
1.06
2.16
Peer Median
2.05
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

0.82

Lower than Peers by 0.47

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
0.82
0.74
0.86
0.67
1.83
Peer Median
1.29
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

10.11

Higher than Peers by 1.48

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
10.11
-6.05
-19.13
-39.49
-46.60
Peer Median
8.64
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

33.33

Higher than Peers by 15.86

Debtors outstanding / Net Sales * 100

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
33.33
39.76
38.44
57.88
60.74
Peer Median
17.47
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Asset Turnover

0.26

Lower than Peers by 0.37

Sales / Average Total Assets

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
0.26
0.44
0.37
0.29
0.21
Peer Median
0.63
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Receivable days

--

--

Average Debtors / Sales * 365

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
--
134.97
155.55
179.70
204.04
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Inventory Days

--

--

Average Inventory / Sales * 365

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
--
155.75
209.73
175.60
128.66
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Payable days

--

--

Average Creditors / Cost of goods sold * 365

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
--
74.91
124.60
115.41
79.80
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Conversion Cycle

--

--

Receivable Days + Inventory Days - Payable Days

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
--
215.81
240.68
239.89
252.90
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Earnings

--

--

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
--
-32.34
-3.41
-4.12
-2.98
Peer Median
39.93
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

0.55

Lower than Peers by 4.06

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
0.55
2.30
1.72
0.78
0.77
Peer Median
4.61
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

--

--

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
--
--
--
--
--
Peer Median
0.47
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

4.31

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
4.31
350.71
-5.96
-6.88
-2.89
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

278

Lower than Peers by 942

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Dec-25
Dec-24
Dec-23
Dec-22
Microvast Holdings (MVST)
278
--
--
--
--
Peer Median
1,220
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
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