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

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

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

Microvast Holdings (MVST) has reported Deferred Taxes for 3 consecutive years, with -$21468.0 the latest figure, recorded in 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 came in at -$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.
  • Year by year, Deferred Taxes stood at $34439.0 in 2019, then declined by 17.53% to $28402.0 in 2020, then sank by 175.59% to -$21468.0 in 2021.
  • According to Business Quant data, Deferred Taxes over the past three periods registered -$21468.0, $28402.0, and -$111927.0 for Q1 2021, Q4 2020, and Q3 2020 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn -16.00 Mn
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn -20.66 Mn
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn -
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn -
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn -
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn -28.00 Mn
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn -1.00 Mn
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn -10.30 Mn
10 Microvast Holdings 398.83 Mn 224.83 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