Microvast Holdings (MVSTW) Asset Utilization Ratio (2021 - 2026)
Microvast Holdings (MVSTW) recorded quarterly Asset Utilization Ratio of 0.37 in Q1 2026, down 11.93% quarter-over-quarter from 0.42 in Q4 2025, and down 13.05% on a YoY basis from 0.43 in Q1 2025.
Microvast Holdings (MVSTW) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Microvast Holdings' Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.37 for 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 was 0.37 for Q1 2026 at Microvast Holdings, down from 0.42 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.44 in Q3 2025 to a low of 0.17 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.31 across 5 years, with a median of 0.32 in 2024.
- The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio sank 53.91% in 2022, then jumped 55.16% in 2024.
- A 5-year view of Asset Utilization Ratio shows it 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 advanced by 8.7% to 0.42 in 2025, then dropped by 11.93% to 0.37 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.37 (Q1 2026), 0.42 (Q4 2025), and 0.44 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 75.10 Bn | 74.85 Bn | 2.35 Bn | 1.09 |
| 2 | Autozone | 51.89 Bn | 51.61 Bn | 2.24 Bn | 0.98 |
| 3 | Borgwarner | 15.04 Bn | 15.20 Bn | 677.00 Mn | 1.05 |
| 4 | Modine Manufacturing | 14.67 Bn | 14.58 Bn | 186.10 Mn | 1.18 |
| 5 | Aptiv | 14.58 Bn | 11.51 Bn | 920.00 Mn | 0.85 |
| 6 | Genuine Parts | 13.66 Bn | 13.18 Bn | 2.34 Bn | 1.18 |
| 7 | Aurora Innovation | 11.95 Bn | 10.73 Bn | -5.00 Mn | 0.00 |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 1.33 |
| 9 | Allison Transmission Holdings | 9.76 Bn | 9.45 Bn | 406.00 Mn | 0.49 |
| 10 | Microvast Holdings | - | - | 19.16 Mn | 0.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |