MARKETS / NASDAQ / MVST
NASDAQ · MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES · MID CAP

Microvast Holdings, Inc. MVST

7 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$427.5M
▲ 12.6% vs FY2024
EPS · FY25
$-0.09
Dividend / sh · FY25
Payout · FY25
ROE · FY25
-7.3%
Net margin · FY25
-6.8%
Dividend coverage
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Result
USD 427.5M
Revenue, FY2025 · full 7-year series below
Revenue Net income
0.20.40.60.4-0.0201920222025
0.20.40.60.4-0.0201920222025

The company lost 7 cents on every revenue dollar this year.

Per share
USD -0.09
Diluted EPS, FY2025
EPS
0.40.81.2-0.09201920222025
0.40.81.2-0.09201920222025

The company pays no cash dividend.

Profitability
-7.3%
Return on equity, FY2025
ROE
0.250.50.751-7.3%201920222025
0.250.50.751-7.3%201920222025
Operating margin1.6%
Net margin-6.8%
Return on assets-3.0%

Each USD of equity lost 7 cents this year.

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
+31.8% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+27.9%
+31.8%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.33B
Shares outstanding, FY2025
0.010.33201920222025
0.010.33201920222025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 1.0B
total assets, end of FY2025
Total assetsUSD 1.0B
EquityUSD 410.5M
CashUSD 105.0M
Gross debtUSD 106.3M
Net debtUSD 1.3M
Current ratio0.92×

Net debt stands at 0% of equity.

History
7 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
Revenue $B
0.4
0.4
0.3
0.2
0.2
0.1
0.1
Operating income $B
0.0
−0.1
−0.1
−0.2
−0.2
−0.0
−0.1
EBITDA $B
·
·
·
·
·
·
·
Income tax $B
−0.0
0.0
0.0
0.0
0.0
0.0
0.0
Net income $B
−0.0
−0.2
−0.1
−0.2
−0.2
−0.0
−0.1
EPS, diluted $
−0.09
−0.61
−0.34
−0.52
−1.26
−0.82
−1.17
Dividend / sh $
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
ROE %
−7.3
−41.1
−18.8
·
−4129.7
·
·
Shares out B
0.33
0.32
0.32
0.31
0.30
0.10
0.01

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
24 of 27
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 2 failures and 1 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed