Microvast Holdings (MVSTW) Construction in Progress (2020 - 2025)

Microvast Holdings (MVSTW) recorded quarterly Construction in Progress of $240.4 million in Q4 2025, up 22.56% quarter-over-quarter from $196.1 million in Q4 2024, and up 22.56% on a YoY basis from $196.1 million in Q4 2024.

Microvast Holdings (MVSTW) Construction in Progress (2020 - 2025) Analysis & Trends

Microvast Holdings' Construction in Progress history runs 6 years deep, the most recent figure standing at $240.4 million for Q4 2025.

  • In Q4 2025, Construction in Progress rose 22.56% year-over-year to $240.4 million; the TTM figure through Dec 2025 stood at $240.4 million (up 22.56% YoY), while the FY2025 annual figure was $240.4 million, up 22.56% from the prior year.
  • Construction in Progress was $240.4 million for Q4 2025 at Microvast Holdings, up from $196.1 million in the prior quarter.
  • In the past five years, Construction in Progress ranged from a high of $321.9 million in Q4 2023 to a low of $97.0 million in Q4 2021.
  • Historically, Construction in Progress has averaged $210.2 million across 5 years, with a median of $196.1 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: Construction in Progress surged 101.65% in 2022, then tumbled 39.08% in 2024.
  • A 5-year view of Construction in Progress shows it stood at $97.0 million in 2021, then soared by 101.65% to $195.5 million in 2022, then surged by 64.63% to $321.9 million in 2023, then sank by 39.08% to $196.1 million in 2024, then increased by 22.56% to $240.4 million in 2025.
  • The last three Construction in Progress figures came in at $240.4 million (Q4 2025), $196.1 million (Q4 2024), and $321.9 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 O Reilly Automotive 75.10 Bn 74.85 Bn 2.35 Bn -
2 Autozone 51.89 Bn 51.61 Bn 2.24 Bn -
3 Borgwarner 15.04 Bn 15.20 Bn 677.00 Mn -
4 Modine Manufacturing 14.67 Bn 14.58 Bn 186.10 Mn -
5 Aptiv 14.58 Bn 11.51 Bn 920.00 Mn -
6 Genuine Parts 13.66 Bn 13.18 Bn 2.34 Bn -
7 Aurora Innovation 11.95 Bn 10.73 Bn -5.00 Mn -
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn -
9 Allison Transmission Holdings 9.76 Bn 9.45 Bn 406.00 Mn -
10 Microvast Holdings - - 19.16 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 240.35 Mn
Dec 31, 2024 196.11 Mn
Dec 31, 2023 321.91 Mn
Dec 31, 2022 195.54 Mn
Dec 31, 2021 96.97 Mn
Dec 31, 2020 57.40 Mn