Microvast Holdings MVST
NASDAQ MVST
$0.63 +0.00 (+0.13%)
As of: Sep 10, 2026 · 3:59 PM EDT

Microvast Holdings (MVST) Asset Utilization Ratio (2021 - 2026)

Microvast Holdings (MVST) posted Asset Utilization Ratio of 0.38 for Q2 2026, up 1.62% on a QoQ basis from 0.37 in Q1 2026, and down 10.88% year-over-year from 0.43 in Q2 2025.

Analysis

Microvast Holdings (MVST) Asset Utilization Ratio (2021 - 2026) Analysis & Trends

Microvast Holdings has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.38 in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio fell 10.88% year-over-year to 0.38 in Q2 2026; TTM through Jun 2026 was 0.38, a 10.88% decrease from a year earlier, with the FY2025 full-year figure at 0.44, up 17.81% from the prior year.
  • Asset Utilization Ratio was 0.38 for Q2 2026 at Microvast Holdings, up from 0.37 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.44 in Q3 2025, with the low at 0.17 in Q1 2022.
  • Average Asset Utilization Ratio over 5 years is 0.32, with a median of 0.33 recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio plunged 53.91% in 2022, then surged 55.16% in 2024.
  • Over 5 years, Asset Utilization Ratio stood at 0.21 in 2022, then soared by 38.91% to 0.29 in 2023, then soared by 34.26% to 0.39 in 2024, then climbed by 8.7% to 0.42 in 2025, then fell by 10.51% to 0.38 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.38 (Q2 2026), 0.37 (Q1 2026), and 0.42 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 EnerSys 6.54 Bn 6.01 Bn 313.36 Mn 0.95
2 QuantumScape 3.20 Bn 3.20 Bn - -
3 Eos Energy Enterprises 1.35 Bn 1.00 Bn -48.80 Mn 0.25
4 Fluence Energy 1.34 Bn 769.30 Mn 33.24 Mn 1.06
5 Energy Vault Holdings 752.49 Mn 645.13 Mn 5.38 Mn 0.68
6 Enovix 689.37 Mn 689.37 Mn 1.30 Mn 0.04
7 Amprius Technologies 436.15 Mn 361.63 Mn 9.28 Mn 0.78
8 Electrovaya 257.13 Mn 244.05 Mn 6.19 Mn 0.64
9 Microvast Holdings 215.82 Mn 72.70 Mn 25.78 Mn 0.38
10 Ses Ai 176.50 Mn 176.50 Mn 1.15 Mn 0.10
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.38
Mar 31, 2026 0.37
Dec 31, 2025 0.42
Sep 30, 2025 0.44
Jun 30, 2025 0.43
Mar 31, 2025 0.43
Dec 31, 2024 0.39
Sep 30, 2024 0.38
Jun 30, 2024 0.35
Mar 31, 2024 0.32
Dec 31, 2023 0.29
Sep 30, 2023 0.26
Jun 30, 2023 0.23
Mar 31, 2023 0.22
Dec 31, 2022 0.21
Sep 30, 2022 0.21
Jun 30, 2022 0.21
Mar 31, 2022 0.17
Dec 31, 2021 0.15
Sep 30, 2021 0.21