Microvast Holdings, Inc.
MVSTNasdaqTechnology · Miscellaneous Electrical Machinery, Equipment & Supplies · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $427.5M | $379.8M | $306.6M | $204.5M | $152.0M | $107.5M |
| Operating income | $7.0M | −$116.1M | −$106.7M | −$159.9M | −$194.1M | −$29.1M |
| Net income | −$29.2M | −$195.5M | −$106.3M | −$158.2M | −$206.5M | $1.4M |
| Total assets | $1.01B | $951.9M | $1.10B | $985.0M | $995.3M | $404.5M |
| Total liabilities | $594.9M | $564.0M | $532.5M | $372.0M | $308.6M | $389.2M |
| Equity | $410.5M | $387.9M | $564.2M | $613.0M | $686.7M | $5.0M |
| EPS (diluted) | $-0.09 | $-0.61 | $-0.34 | $-0.52 | $-1.26 | $-0.82 |
| Shares out. | 325.2M | 317.2M | 309.4M | 300.5M | 35.5M | 35.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 1.6%
- Net margin
- −6.8%
- Return on equity
- −7.1%
- Return on assets
- −2.9%
- Return on capital (ROCE)
- 1.4%
- Liabilities / assets
- 59.2%
- Debt / equity
- 1.45×
- Book value / share
- $1.26
- Revenue growth (YoY)
- 12.6%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -3.13distress
- Accruals / assets
- −10.5%clean
- Piotroski F-Score
- 6/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 1 warning● 4 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 18, 2025
- NT 10-Kmissed a reporting deadline ↗Mar 15, 2024
- NT 10-Qmissed a reporting deadline ↗Aug 17, 2021
- NT 10-Qmissed a reporting deadline ↗May 18, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Cdh Griffin Holdings Co LtdPassive (13G)Feb 13, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 21.6M | 2.8 | +1.8% |
| Apr 30, 2026 | 21.2M | 6.7 | -0.1% |
| Apr 15, 2026 | 21.2M | 7.5 | -0.8% |
| Mar 31, 2026 | 21.4M | 2.8 | -19.1% |
| Mar 13, 2026 | 26.4M | 10.6 | -5.8% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer change · Other material eventMay 28, 2026
- Results of operationsMay 11, 2026
- Results of operationsMar 16, 2026
- Director / officer changeJan 9, 2026
- Results of operationsNov 10, 2025
- Shareholder voteOct 28, 2025
- Entered a material agreementOct 3, 2025
- Results of operationsAug 12, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (2)
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