Microvast Holdings Inc Net Assets
Microvast Holdings Inc net assets. Based on the latest financial reports, Microvast Holdings Inc (MVST) has net assets worth $466.11 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($987.50 Million) and total liabilities ($521.39 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Microvast Holdings Inc (MVST) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $466.11 Million |
| % of Total Assets | 47.2% |
| Annual Growth Rate | 299.15% |
| 5-Year Change | -40.22% |
| 10-Year Change | N/A |
| Growth Volatility | 118910.57 |
Net Assets of Microvast Holdings Inc (2018–2025)
Net assets of Microvast Holdings Inc from 2018 to 2025. This chart illustrates how Microvast Holdings Inc's net assets have evolved over time, based on quarterly financial data. See Microvast Holdings Inc (MVST) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Microvast Holdings Inc (2018–2025)
The table below shows the annual net assets of Microvast Holdings Inc from 2018 to 2025. For live market cap and overall valuation, see Microvast Holdings Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $410.51 Million | +5.83% |
| 2024-12-31 | $387.89 Million | -31.25% |
| 2023-12-31 | $564.19 Million | -7.96% |
| 2022-12-31 | $612.98 Million | -10.74% |
| 2021-12-31 | $686.70 Million | +333.74% |
| 2020-12-31 | $-293.78 Million | -289.07% |
| 2019-12-31 | $-75.51 Million | -297287.45% |
| 2018-12-31 | $25.41K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Microvast Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 112217520800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Microvast Holdings Inc Net Assets Breakdown (December 2025)
Microvast Holdings Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $34.00K | 0.01% |
| Other Comprehensive Income | $-11.14 Million | -2.71% |
| Other Components | $1.54 Billion | 376.07% |
| Total Equity | $410.51 Million | 100.00% |
Microvast Holdings Inc Competitors by Market Cap
The table below lists competitors of Microvast Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SEACOR Marine Holdings Inc
NYSE:SMHI
|
$201.34 Million |
|
Pengana International Equities Ltd
AU:PIA
|
$201.37 Million |
|
PT Arkora Hydro Tbk
JK:ARKO
|
$201.63 Million |
|
TTFB Co Ltd
TWO:2729
|
$201.65 Million |
|
Cerrado Gold Corp
V:CERT
|
$201.20 Million |
|
Race Oncology Ltd
AU:RAC
|
$201.16 Million |
|
Yantai Changyu Pioneer Wine
SHE:200869
|
$201.01 Million |
|
Sindoh
KO:029530
|
$201.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Microvast Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 387,895,000 to 410,513,000, a change of 22,618,000 (5.8%).
- Net loss of 29,218,000 reduced equity.
- New share issuances of 28,750,000 increased equity.
- Other comprehensive income increased equity by 21,020,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-29.22 Million | -7.12% |
| Share Issuances | $28.75 Million | +7.0% |
| Other Comprehensive Income | $21.02 Million | +5.12% |
| Other Changes | $2.07 Million | +0.5% |
| Total Change | $- | 5.83% |
Book Value vs Market Value Analysis
This analysis compares Microvast Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.48x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 14.70x to 0.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.04 | $0.60 | x |
| 2019-12-31 | $-0.07 | $0.60 | x |
| 2020-12-31 | $-0.25 | $0.60 | x |
| 2021-12-31 | $3.69 | $0.60 | x |
| 2022-12-31 | $2.02 | $0.60 | x |
| 2023-12-31 | $1.81 | $0.60 | x |
| 2024-12-31 | $1.22 | $0.60 | x |
| 2025-12-31 | $1.26 | $0.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Microvast Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.83%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 2.45x
- Recent ROE (-7.12%) is above the historical average (-49230.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -393706.71% | -57.41% | 1721.69x | 3.98x | $-100.04 Million |
| 2019 | 0.00% | -94.97% | 0.27x | 0.00x | $-70.52 Million |
| 2020 | 0.00% | -46.09% | 0.27x | 0.00x | $-42.00 Million |
| 2021 | -31.46% | -142.13% | 0.15x | 1.45x | $-284.68 Million |
| 2022 | -25.81% | -77.36% | 0.21x | 1.61x | $-219.50 Million |
| 2023 | -18.85% | -34.68% | 0.28x | 1.94x | $-162.75 Million |
| 2024 | -50.39% | -51.46% | 0.40x | 2.45x | $-234.25 Million |
| 2025 | -7.12% | -6.83% | 0.43x | 2.45x | $-70.27 Million |
Industry Comparison
This section compares Microvast Holdings Inc's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $17,636,218
- Average return on equity (ROE) among peers: 12.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Microvast Holdings Inc (MVST) | $466.11 Million | -393706.71% | 1.12x | $201.33 Million |
| Advance Auto Parts Inc (AAP) | $3.42 Billion | 13.92% | 1.48x | $2.87 Billion |
| Adient PLC (ADNT) | $1.58 Billion | -30.80% | 5.50x | $1.34 Billion |
| Allison Transmission Holdings Inc (ALSN) | $781.00 Million | 77.34% | 4.70x | $9.78 Billion |
| Autoliv Inc (ALV) | $2.44 Billion | 0.41% | 1.13x | $8.74 Billion |
| Aptiv PLC (APTV) | $-11.85 Billion | 0.00% | 0.00x | $8.58 Billion |
| Aspire BioPharma, Inc. (ASBP) | $289.07 Million | 1.16% | 0.04x | $10.20 Million |
| Atmus Filtration Technologies Inc. (ATMU) | $447.60 Million | 31.90% | 0.76x | $3.48 Billion |
| American Axle & Manufacturing (AXL) | $890.70 Million | 4.15% | 2.27x | $1.36 Billion |
| AutoZone Inc (AZO) | $1.08 Billion | 18.14% | 0.75x | $47.07 Billion |
| BorgWarner Inc (BWA) | $1.12 Billion | 5.95% | 1.48x | $10.61 Billion |
About Microvast Holdings Inc
Microvast Holdings, Inc. engages in the design, development, and manufacturing of battery components and systems primarily for electric commercial vehicles and energy storage systems. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, electrolyte formulation, full concentration gradient cathode, polyaramid separator, and nickel manganese cobalt… Read more