Microvast Holdings Inc (MVST) - Total Assets
Based on the latest financial reports, Microvast Holdings Inc (MVST) holds total assets worth $987.50 Million USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore MVST operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Microvast Holdings Inc - Total Assets Trend (2018–2025)
This chart illustrates how Microvast Holdings Inc's total assets have evolved over time, based on quarterly financial data. See Microvast Holdings Inc (MVST) shareholders funds for net asset value and shareholders' equity analysis.
Microvast Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Microvast Holdings Inc's total assets of $987.50 Million consist of 44.6% current assets and 55.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.4% |
| Accounts Receivable | $169.96 Million | 16.9% |
| Inventory | $89.41 Million | 8.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.18 Million | 0.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2025)
This chart illustrates how Microvast Holdings Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see MVST market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Microvast Holdings Inc's current assets represent 44.6% of total assets in 2025, an increase from 17.3% in 2018.
- Cash Position: Cash and equivalents constituted 10.4% of total assets in 2025, down from 17.3% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 16.9% of total assets.
Microvast Holdings Inc Competitors by Total Assets
Key competitors of Microvast Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bridgestone Corporation
F:BGTA
|
Germany | €5.75 Trillion |
|
Autoliv Inc
ST:ALIV-SDB
|
Sweden | Skr8.52 Billion |
|
Autoliv Inc.
F:LIV
|
Germany | €8.47 Billion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Yapp Automotive Systems Co Ltd
SHG:603013
|
China | CN¥7.57 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥35.31 Billion |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
|
China | CN¥8.27 Billion |
Microvast Holdings Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.96 | 1.32 | 0.07 |
| Quick Ratio | 0.74 | 0.94 | -54.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-18.26 Million | $108.09 Million | $-878.17K |
Microvast Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Microvast Holdings Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.80 |
| Latest Market Cap to Assets Ratio | 0.27 |
| Asset Growth Rate (YoY) | 5.6% |
| Total Assets | $1.01 Billion |
| Market Capitalization | $268.89 Million USD |
Valuation Analysis
Below Book Valuation: The market values Microvast Holdings Inc's assets below their book value (0.27x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Microvast Holdings Inc's assets grew by 5.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Microvast Holdings Inc (2018–2025)
The table below shows the annual total assets of Microvast Holdings Inc from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $1.01 Billion | +5.63% |
| 2024-12-31 | $951.87 Million | -13.21% |
| 2023-12-31 | $1.10 Billion | +11.35% |
| 2022-12-31 | $984.96 Million | -1.04% |
| 2021-12-31 | $995.29 Million | +146.05% |
| 2020-12-31 | $404.51 Million | +44.21% |
| 2019-12-31 | $280.50 Million | +277073.53% |
| 2018-12-31 | $101.20K | -- |
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