Microvast Holdings (MVSTW) Deferred Taxes (2019 - 2021)
Microvast Holdings (MVSTW) 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 (MVSTW) Deferred Taxes (2019 - 2021) Analysis & Trends
Microvast Holdings (MVSTW) 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 | - | - | 19.16 Mn | - |
Historic Data
Download 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 |