Microvast Holdings reported a gross margin of 29.54% and a net margin of -13.74% for the quarter ended Jun 2026. These financial ratios cover 30 quarters of results from Mar 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||||||
| Gross Margin | -97.27% | 1.73% | 0.04% | 7.52% | 5.16% | 3.44% | 10.34% | 15.29% | 22.32% | 22.02% | 21.17% | 32.50% | 33.15% | 36.62% | 36.93% | 34.73% | 37.65% | 0.99% | 31.60% | 29.54% | ||||||||||
| EBT Margin | -315.42% | -70.33% | -119.38% | -68.59% | -94.63% | -51.95% | -62.95% | -34.79% | -32.67% | -23.51% | -30.52% | -121.37% | 13.07% | -72.60% | 53.04% | -115.87% | -0.61% | 10.64% | -14.48% | -13.74% | ||||||||||
| EBIT Margin | -307.09% | -71.28% | -117.97% | -69.82% | -96.05% | -53.44% | -66.63% | -35.84% | -32.89% | -21.24% | -28.42% | -118.01% | 7.09% | -1.25% | 13.10% | 9.88% | 10.54% | -42.69% | -13.09% | -1.97% | ||||||||||
| EBITDA Margin | -307.09% | -71.28% | -117.97% | -69.82% | -96.05% | -53.44% | -66.63% | -35.84% | -32.89% | -21.24% | -28.42% | -118.01% | 7.09% | -1.25% | 13.10% | 9.88% | 10.54% | -42.69% | -13.09% | -1.97% | ||||||||||
| Operating Margin | -307.09% | -71.28% | -117.97% | -69.82% | -96.05% | -53.44% | -66.63% | -35.84% | -32.89% | -21.24% | -28.42% | -118.01% | 7.09% | -1.25% | 13.10% | 9.88% | 10.54% | -42.69% | -13.09% | -1.97% | ||||||||||
| Net Margin | -315.70% | -69.85% | -119.38% | -68.59% | -94.63% | -52.01% | -62.95% | -34.79% | -32.67% | -23.52% | -30.52% | -121.37% | 13.07% | -72.60% | 53.04% | -116.11% | -1.21% | 17.16% | -14.48% | -13.74% | ||||||||||
| FCF Margin | -55.53% | -101.14% | -179.93% | -101.65% | -30.73% | -94.90% | -100.24% | -116.81% | -111.45% | -36.50% | -111.60% | -4.59% | 31.50% | 17.22% | -38.45% | 33.80% | 24.46% | 30.59% | -96.28% | -13.96% | ||||||||||
| Efficiency | ||||||||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 50.62M | 55.75M | 61.27M | 73.36M | 83.26M | 85.96M | 87.21M | 106.84M | 138.33M | 143.54M | 144.92M | 155.14M | 150.55M | 136.19M | 135.40M | 134.35M | 108.18M | 92.22M | 94.32M | |||||||||||
| Assets AverageAssets Avg. | 636.07M | 992.82M | 997.00M | 985.18M | 972.29M | 978.94M | 994.47M | 1,000.83M | 1,007.12M | 1,056.65M | 1,068.69M | 1,001.05M | 979.66M | 974.88M | 967.40M | 993.81M | 1,009.15M | 1,009.53M | 996.47M | 969.84M | ||||||||||
| Invested CapitalInvested Cap. | 782.77M | 834.10M | 814.53M | 783.30M | 739.58M | 742.70M | 739.36M | 691.84M | 675.37M | 706.72M | 693.69M | 618.21M | 671.84M | 572.38M | 668.41M | 662.46M | 677.67M | 671.46M | 716.12M | 765.94M | ||||||||||
| Asset Utilization RatioAsset Util. | 0.21 | 0.15 | 0.17 | 0.21 | 0.21 | 0.21 | 0.22 | 0.23 | 0.26 | 0.29 | 0.32 | 0.35 | 0.38 | 0.39 | 0.43 | 0.43 | 0.44 | 0.42 | 0.37 | 0.38 | ||||||||||
| Leverage & Solvency | ||||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | -90.85 | -60.94 | -54.34 | -50.25 | -47.92 | -40.36 | -68.19 | -55.17 | -13.35 | -47.15 | 4.42 | 12.85 | 7.21 | -6.47 | -1.30 | |||||||||||||||
| Debt Ratio | 0.07 | 0.15 | 0.16 | 0.13 | 0.13 | 0.13 | 0.13 | 0.11 | 0.11 | 0.13 | 0.14 | 0.17 | 0.19 | 0.19 | 0.22 | 0.30 | 0.32 | 0.26 | 0.25 | 0.23 | ||||||||||
| Times Interest Earned | -90.85 | -60.94 | -54.34 | -50.25 | -47.92 | -40.36 | -68.19 | -55.17 | -13.35 | -47.15 | 4.42 | 12.85 | 7.21 | -6.47 | -1.30 | |||||||||||||||
| Valuation | ||||||||||||||||||||||||||||||
| Price to EarningsP/E | -17.21 | -22.56 | -45.74 | -15.12 | -15.24 | -13.97 | -12.90 | -18.89 | -22.74 | -17.93 | -10.64 | -1.42 | 6.07 | -8.13 | 6.13 | -11.08 | -837.14 | 56.17 | -56.92 | -37.53 | ||||||||||
| Price to SalesP/S | 54.33 | 15.76 | 54.61 | 10.37 | 14.42 | 7.26 | 8.12 | 6.57 | 7.43 | 4.22 | 3.25 | 1.72 | 0.79 | 5.90 | 3.25 | 12.86 | 10.11 | 9.64 | 8.24 | 5.16 | ||||||||||
| Price to BookP/B | 2.80 | 1.53 | 3.05 | 1.02 | 0.90 | 0.77 | 0.63 | 0.85 | 1.05 | 0.78 | 0.48 | 0.32 | 0.17 | 1.72 | 0.83 | 3.30 | 3.48 | 2.26 | 1.07 | 0.83 | ||||||||||
| Enterprise Value | 1,392.03M | 516.07M | 1,531.57M | 270.98M | 177.77M | 168.52M | 123.28M | 324.44M | 504.16M | 358.99M | 179.94M | 40.98M | -23.58M | 559.33M | 255.53M | 1,036.09M | 1,103.87M | 759.76M | 325.71M | 306.78M | ||||||||||
| EV to EBIT | -12.29 | -10.84 | -35.41 | -6.03 | -4.79 | -4.87 | -3.94 | -12.08 | -19.13 | -16.16 | -7.78 | -0.42 | -3.28 | -394.73 | 16.74 | 114.78 | 84.95 | -18.46 | -41.05 | -178.36 | ||||||||||
| EV to EBITDA | -12.29 | -10.84 | -35.41 | -6.03 | -4.79 | -4.87 | -3.94 | -12.08 | -19.13 | -16.16 | -7.78 | -0.42 | -3.28 | -394.73 | 16.74 | 114.78 | 84.95 | -18.46 | -41.05 | -178.36 | ||||||||||
| Market Capitalization | 2,004.54M | 1,052.17M | 2,002.30M | 667.91M | 556.76M | 470.67M | 381.60M | 492.70M | 595.06M | 441.01M | 264.08M | 143.90M | 80.37M | 668.91M | 378.53M | 1,174.91M | 1,246.50M | 929.00M | 499.74M | 449.90M | ||||||||||
| Price to FCFP/FCF | -97.84 | -15.58 | -30.35 | -10.20 | -46.92 | -7.65 | -8.10 | -5.63 | -6.66 | -11.55 | -2.91 | -37.45 | 2.52 | 34.26 | -8.45 | 38.06 | 41.34 | 31.50 | -8.56 | -36.93 | ||||||||||
| EV to FCF | -67.94 | -7.64 | -23.21 | -4.14 | -14.98 | -2.74 | -2.62 | -3.71 | -5.65 | -9.41 | -1.98 | -10.66 | -0.74 | 28.65 | -5.71 | 33.56 | 36.61 | 25.76 | -5.58 | -25.18 | ||||||||||
| EV to CFO | -144.58 | -25.31 | -61.47 | -7.02 | 35.99 | 36.11 | -11.04 | -10.87 | -17.18 | -72.48 | 88.60 | 369.23 | 4.34 | 91.68 | 35.64 | 27.89 | 72.80 | 46.26 | -14.29 | -29.18 | ||||||||||
| Return Ratios | ||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | -307.09% | -71.28% | -117.97% | -69.82% | -96.05% | -53.44% | -66.63% | -35.84% | -32.89% | -21.24% | -28.42% | -118.01% | 7.09% | -1.25% | 13.10% | 9.88% | 10.54% | -42.69% | -13.09% | -1.97% | ||||||||||
| Return on Capital Employed [ROCE]ROCE | -31.13% | -23.75% | -27.77% | -32.83% | -23.35% | -22.01% | -20.65% | -18.34% | -17.76% | -16.34% | -14.04% | -27.12% | -21.26% | -18.01% | -12.38% | 6.41% | 7.49% | -0.74% | -4.90% | -6.04% | ||||||||||
| Return on Invested Capital [ROIC]ROIC | -90.33% | -27.46% | -31.15% | -22.67% | -21.59% | -19.97% | -18.15% | -17.43% | -15.45% | -14.08% | -25.98% | -21.22% | 4.53% | 5.39% | -0.49% | -2.69% | ||||||||||||||
| Return on Assets [ROA]ROA | -25.85% | -20.80% | -23.47% | -25.49% | -17.60% | -16.16% | -14.48% | -12.58% | -11.47% | -10.07% | -9.51% | -17.70% | -14.06% | -20.05% | -11.25% | -11.40% | -12.69% | -2.89% | -10.01% | -0.59% |