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

Microvast Holdings (MVST) has reported Asset Utilization Ratio for 6 consecutive years, with 0.37 the latest figure, recorded in Q1 2026.

• In Q1 2026, Asset Utilization Ratio fell 13.05% year-over-year to 0.37; the TTM figure through Mar 2026 stood at 0.37 (down 13.05% YoY), while the FY2025 annual figure was 0.44, up 17.81% from the prior year.
• Asset Utilization Ratio came in at 0.37 for Q1 2026 at Microvast Holdings, down from 0.42 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 0.31, with a median of 0.32 recorded in 2024.
• Across the five-year window, Asset Utilization Ratio slumped 53.91% in 2022 and jumped 55.16% in 2024, its largest moves.
• Year by year, Asset Utilization Ratio stood at 0.21 in 2022, then surged by 38.91% to 0.29 in 2023, then surged by 34.26% to 0.39 in 2024, then increased by 8.7% to 0.42 in 2025, then retreated by 11.93% to 0.37 in 2026.
• According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.37, 0.42, and 0.44 for Q1 2026, Q4 2025, and Q3 2025 respectively.