Microvast Holdings (MVST) Deferred Taxes (2019 - 2021)

Microvast Holdings (MVST) recorded quarterly Deferred Taxes of -$21468.0 in Q1 2021, down 175.59% quarter-over-quarter from $28402.0 in Q4 2020, and down 107.81% on a YoY basis from $274962.0 in Q1 2020.

Microvast Holdings (MVST) Deferred Taxes (2019 - 2021) Analysis & Trends

Microvast Holdings' Deferred Taxes history runs 3 years deep, the most recent figure standing at -$21468.0 for Q1 2021.

  • In Q1 2021, Deferred Taxes fell 107.81% year-over-year to -$21468.0; the TTM figure through Jun 2021 stood at -$104993.0 (down 243.77% YoY), while the FY2025 annual figure was -$5.4 million, changed N/A from the prior year.
  • Deferred Taxes was -$21468.0 for Q1 2021 at Microvast Holdings, down from $28402.0 in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $274962.0 in Q1 2020 to a low of -$197038.0 in Q2 2020.
  • Historically, Deferred Taxes has averaged $0.0 across 3 years, with a median of $4020.0 in 2019.
  • Biggest YoY gain for Deferred Taxes was 6739.85% in 2020; the steepest drop was 805.09% in 2020.
  • A 3-year view of Deferred Taxes shows it stood at $34439.0 in 2019, then decreased by 17.53% to $28402.0 in 2020, then plunged by 175.59% to -$21468.0 in 2021.
  • The last three Deferred Taxes figures came in at -$21468.0 (Q1 2021), $28402.0 (Q4 2020), and -$111927.0 (Q3 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 O Reilly Automotive 76.00 Bn 75.75 Bn 2.35 Bn -
2 Autozone 51.46 Bn 51.20 Bn 2.52 Bn -20.66 Mn
3 Modine Manufacturing 15.07 Bn 14.98 Bn 186.10 Mn -10.30 Mn
4 Borgwarner 14.88 Bn 15.05 Bn 677.00 Mn -
5 Genuine Parts 14.73 Bn 14.25 Bn 2.34 Bn -
6 Aptiv 13.96 Bn 10.89 Bn 920.00 Mn -28.00 Mn
7 Aurora Innovation 11.93 Bn 10.71 Bn -5.00 Mn -
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn -
9 Allison Transmission Holdings 10.06 Bn 9.75 Bn 406.00 Mn -1.00 Mn
10 Microvast Holdings 417.11 Mn 243.11 Mn 19.16 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2021 -21,468.00
Dec 31, 2020 28,402.00
Sep 30, 2020 -111,927.00
Jun 30, 2020 -197,038.00
Mar 31, 2020 274,962.00
Dec 31, 2019 34,439.00
Sep 30, 2019 -39,335.00
Jun 30, 2019 27,945.00
Mar 31, 2019 4,020.00