Microvast Holdings (MVST) Deferred Taxes (2019 - 2021)
Microvast Holdings (MVST) posted Deferred Taxes of -$21468.0 for Q1 2021, down 175.59% on a QoQ basis from $28402.0 in Q4 2020, and down 107.81% year-over-year from $274962.0 in Q1 2020.
Analysis
Microvast Holdings (MVST) Deferred Taxes (2019 - 2021) Analysis & Trends
Microvast Holdings has reported Deferred Taxes for 3 years, with the latest figure at -$21468.0 in Q1 2021.
- On a quarterly basis, Deferred Taxes fell 107.81% year-over-year to -$21468.0 in Q1 2021; TTM through Jun 2021 was -$104993.0, a 243.77% decrease from a year earlier, with the FY2025 full-year figure at -$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.
- The five-year high for Deferred Taxes was $274962.0 in Q1 2020, with the low at -$197038.0 in Q2 2020.
- Average Deferred Taxes over 3 years is $0.0, with a median of $4020.0 recorded in 2019.
- The largest YoY upside for Deferred Taxes was 6739.85% in 2020 against a maximum downside of 805.09% in 2020.
- Over 3 years, Deferred Taxes stood at $34439.0 in 2019, then slipped by 17.53% to $28402.0 in 2020, then tumbled 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | -431,000.00 |
| 2 | QuantumScape | 3.20 Bn | 3.20 Bn | - | - |
| 3 | Eos Energy Enterprises | 1.35 Bn | 1.00 Bn | -48.80 Mn | - |
| 4 | Fluence Energy | 1.34 Bn | 769.30 Mn | 33.24 Mn | 28,000.00 |
| 5 | Energy Vault Holdings | 752.49 Mn | 645.13 Mn | 5.38 Mn | - |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn | -562,000.00 |
| 7 | Amprius Technologies | 436.15 Mn | 361.63 Mn | 9.28 Mn | - |
| 8 | Electrovaya | 257.13 Mn | 244.05 Mn | 6.19 Mn | - |
| 9 | Microvast Holdings | 215.82 Mn | 72.70 Mn | 25.78 Mn | - |
| 10 | Ses Ai | 176.50 Mn | 176.50 Mn | 1.15 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |