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

Microvast Holdings (MVSTW) posted quarterly Asset Utilization Ratio of 0.37 for Q1 2026, down 13.05% year-over-year from 0.43 in Q1 2025, and down 11.93% on a QoQ basis from 0.42 in Q4 2025.

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

Microvast Holdings (MVSTW) 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn 0.72
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn 0.97
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn 0.99
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 1.18
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn 0.00
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn 1.05
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 0.85
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 1.28
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn 1.18
10 Microvast Holdings - - 19.16 Mn 0.37

Historic Data

Download Data
DateValue
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
Jun 30, 2021 0.45