Microvast Holdings Past Earnings Performance
Past criteria checks 0/6
Microvast Holdings's earnings have been declining at an average annual rate of -2.4%, while the Machinery industry saw earnings growing at 8.9% annually. Revenues have been growing at an average rate of 33% per year.
Key information
-2.4%
Earnings growth rate
29.4%
EPS growth rate
| Machinery Industry Growth | 8.8% |
| Revenue growth rate | 33.0% |
| Return on equity | -18.6% |
| Net Margin | -29.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Calculating The Intrinsic Value Of Microvast Holdings, Inc. (NASDAQ:MVST)
Oct 05
Is Now An Opportune Moment To Examine Microvast Holdings, Inc. (NASDAQ:MVST)?
Aug 21Microvast: Not Worth The Risk For Now
Aug 19Microvast Holdings GAAP EPS of -$0.40, revenue of $64.41M
Aug 11Microvast: Losing Money With The Decarbonization Of Transport
Jul 03The Right Move On Microvast Holdings
Mar 08Microvast Might Be The Most Underhyped Public Battery Company
Dec 05On The Rise And Fall Of Microvast
Oct 01Microvast: Poised For Up To 50% Upside On Electrification Tailwinds
Aug 11Revenue & Expenses Breakdown
How Microvast Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 341 | -102 | 125 | 46 |
| 31 Dec 23 | 307 | -106 | 121 | 45 |
| 30 Sep 23 | 267 | -115 | 113 | 44 |
| 30 Jun 23 | 225 | -126 | 110 | 42 |
| 31 Mar 23 | 215 | -144 | 120 | 43 |
| 31 Dec 22 | 204 | -158 | 127 | 44 |
| 30 Sep 22 | 206 | -171 | 141 | 44 |
| 30 Jun 22 | 205 | -255 | 178 | 46 |
| 31 Mar 22 | 174 | -250 | 147 | 42 |
| 31 Dec 21 | 152 | -234 | 123 | 34 |
| 30 Sep 21 | 133 | -204 | 93 | 27 |
| 30 Jun 21 | 127 | -106 | 36 | 18 |
| 31 Mar 21 | 116 | -86 | 32 | 17 |
| 31 Dec 20 | 108 | -81 | 33 | 17 |
| 30 Sep 20 | 90 | -94 | 25 | 20 |
| 31 Dec 19 | 76 | -115 | 28 | 26 |
| 31 Dec 18 | 174 | -100 | 46 | 32 |
Quality Earnings: MVST is currently unprofitable.
Growing Profit Margin: MVST is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MVST is unprofitable, and losses have increased over the past 5 years at a rate of 2.4% per year.
Accelerating Growth: Unable to compare MVST's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MVST is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (14.8%).
Return on Equity
High ROE: MVST has a negative Return on Equity (-18.62%), as it is currently unprofitable.