MVST - NASDAQ

Microvast Holdings, Inc.

MVST·NASDAQ

$1.53

-5.9%

IndustrialsElectrical Equipment & Parts

Microvast Holdings, Inc. designs, develops, and manufactures battery systems for electric vehicles and energy storage systems. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2.It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator. In addition, the company offers battery solutions for commercial vehicles and energy storage systems. Its commercial vehicle markets cover buses, trains, mining trucks, marine and port applications, and automated guided and specialty vehicles, as well as light, medium, heavy-duty trucks in the United States and internationally. The company was incorporated in 2006 and is based in Stafford, Texas.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$509.73M

EPS-0.0900

P/E Ratio-31.12

Earnings Date08/10/2026

1.01B

Assets

3Y+2.0%

5Y+149.0%

10Y+993426.0%

594.93M

Total Liabilities

3Y+60.0%

5Y-15.0%

10Y+784858.0%

410.51M

Total Equity

3Y-33.0%

5Y-240.0%

10Y+1615584.0%

Microvast Holdings, Inc. Funding & Solvency Profile

MVST · NASDAQ

Current Assets

Cash & Cash Equivalents104.96M

Net Receivables155.76M

Inventory89.41M

Other Current Assets98.59M

Total Current Assets449 M

Non-Current Assets

Property, Plant & Equipment525.39M

Goodwill & Intangible Assets2.18M

Long-Term Investments2.58M

Other Non-Current Assets21.14M

Total Non-Current Assets549 M

Total Assets

1.01B

Financial Health Analysis

Current Ratio

0.92x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

1.45x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

-39618000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

45% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Negative working capital but strong cash position suggests an efficient operating model (common in retail/subscription businesses) rather than financial distress.

Microvast Holdings, Inc. Balance Sheet

MVST • NASDAQ

Microvast Holdings, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	105M	73M	82M	231.4M	480.9M	21.5M	28M	17.5K
Short-Term Investments	0.0	0.0	5.6M	25.1M	0.0	282.3M	1.5M	0.0
Cash & Short-Term Investments	105M	73M	87.7M	256.5M	480.9M	41.2M	29.5M	17.5K
Net Receivables	155.8M	146M	177.5M	124.2M	104.3M	100.1M	67.6M	0.0
Accounts Receivables	155.8M	120.6M	162.5M	121.5M	88.7M	97.1M	67.6M	0.0
Other Receivables	0.0	25.4M	15M	2.7M	15.5M	3M	0.0	0.0
Inventory	89.4M	143.3M	155.5M	84.3M	53.4M	45M	59.2M	0.0
Prepaids	0.0	9.2M	4M	9.4M	12.8M	3.1M	69.8K	0.0
Other Current Assets	98.6M	56.5M	950K	70.7M	55.2M	0.0	-155.9M	0.0
Total Current Assets	448.7M	428M	425.6M	545.1M	706.6M	189.3M	396.4K	17.5K
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	525.4M	495.8M	640.2M	351.5M	253.1M	198M	191.3M	0.0
Intangible Assets	2.2M	14M	15.1M	14.3M	15.9M	16.3M	16.1M	0.0
Goodwill & Intangible Assets	2.2M	14M	15.1M	14.3M	15.9M	16.3M	16.1M	0.0
Long-Term Investments	2.6M	22K	6.2M	465K	0.0	0.0	280.1M	0.0
Tax Assets	5.4M	0.0	-12M	-465K	0.0	0.0	-209M	0.0
Other Non-Current Assets	21.1M	14M	21.6M	74.1M	19.7M	890K	1.6M	83.7K
Total Non-Current Assets	556.7M	523.8M	671.1M	439.9M	288.7M	215.2M	280.1M	83.7K
Total Assets	1B	951.9M	1.1B	985M	995.3M	404.5M	280.5M	101.2K
LIABILITIES
CURRENT LIABILITIES
Total Payables	47.1M	119M	113.3M	45.6M	60.5M	89.3M	35.6M	0.0
Accounts Payable	47M	64.9M	112.6M	45M	40.4M	42M	35.6M	0.0
Other Payables	99K	54M	655K	658K	20.1M	47.3M	0.0	0.0
Accrued Expenses	0.0	18.3M	8.1M	4.7M	7.8M	5.8M	0.0	0.0
Short Term Debt	171.4M	122.4M	98.8M	85.8M	74.3M	77.9M	120.9M	75.3K
Capital Lease Obligations (Current)	0.0	3M	2.4M	1.9M	0.0	0.0	0.0	0.0
Tax Payables	99K	652K	655K	658K	1.6M	2.1M	69.8K	0.0
Deferred Revenue	5.6M	43.7M	43.1M	54.2M	1.5M	2.4M	-156.5M	0.0
Other Current Liabilities	264.3M	23.8M	137.8M	60.1M	31.6M	8.3M	195.8M	450.0
Total Current Liabilities	488.3M	330.2M	403.4M	252.4M	175.6M	183.6M	195.8M	75.8K
NON-CURRENT LIABILITIES
Long Term Debt	14.5M	188.8M	86.9M	72.9M	73.1M	73.1M	29.3M	0.0
Deferred Revenue (Non-Current)	0.0	5.6M	3.4M	3.1M	2.3M	1.2M	-27.1K	0.0
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	425.2M	27.1K	0.0
Other Non-Current Liabilities	92.1M	24.8M	21.7M	29.3M	57.6M	15.1M	130.9M	0.0
Total Non-Current Liabilities	106.6M	233.8M	129.1M	119.6M	133M	514.7M	160.2M	0.0
Capital Lease Obligations	0.0	17.6M	19.5M	16.3M	0.0	0.0	0.0	0.0
Total Liabilities	594.9M	564M	532.5M	372M	308.6M	698.3M	356M	75.8K
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	0.0	309.1M	299.5M	0.0
Common Stock	34K	33K	32K	31K	30K	6K	6K	720.0
Additional Paid-In Capital	1.5B	1.5B	1.5B	1.4B	1.3B	0.0	1.6M	25.5K
Retained Earnings	-1.1B	-1.1B	-897.5M	-791.2M	-632.1M	-398M	-314.7M	-792.0
Accumulated Other Comprehensive Income/Loss	-11.1M	-32.2M	-19.6M	-12M	12.7M	13.4M	-9.3M	0.0
Total Stockholders' Equity	410.5M	387.9M	564.2M	613M	686.7M	-75.5M	-20.8M	25.4K
Total Equity	410.5M	387.9M	564.2M	613M	686.7M	-293.8M	59.8M	25.4K
Minority Interest	0.0	0.0	0.0	0.0	0.0	90.8M	80.6M	0.0
SUMMARY
Total Liabilities & Equity	1B	951.9M	1.1B	985M	995.3M	404.5M	280.5M	101.2K
Total Investments	2.6M	22K	11.8M	25.5M	0.0	282.3M	281.6M	0.0
Total Debt	185.8M	328.9M	205.2M	175M	147.4M	151M	150.2M	75.3K
Net Debt	80.9M	255.9M	123.2M	-56.4M	-333.5M	129.5M	150M	57.8K
Shares Outstanding	323,769,480	323,769,480	323,769,480	323,769,480	323,769,480	323,769,480	323,769,480	323,769,480

SEC Filings

MVST - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 28, 2026	May 27, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 11, 2026	May 11, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 11, 2026	March 31, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 16, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	March 16, 2026	March 16, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 09, 2026	January 05, 2026	2026	View Filing
8-K 8-K 2025 N/A	November 10, 2025	November 10, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 10, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 28, 2025	October 23, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 03, 2025	October 03, 2025	2025	View Filing

Showing 1 to 10 of 136 filings

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