Microvast Holdings (Microvast Holdings) Total Assets : $1,040.6 Mil (As of Mar. 2024)

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What is Microvast Holdings Total Assets?

Microvast Holdings's Total Assets for the quarter that ended in Mar. 2024 was $1,040.6 Mil.

During the past 12 months, Microvast Holdings's average Total Assets Growth Rate was 28.60% per year. During the past 3 years, the average Total Assets Growth Rate was 39.80% per year.

During the past 5 years, Microvast Holdings's highest 3-Year average Total Assets Growth Rate was 39.80%. The lowest was 39.80%. And the median was 39.80%.

Total Assets is connected with ROA %. Microvast Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -9.29%. Total Assets is also linked to Revenue through Asset Turnover. Microvast Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.

Microvast Holdings Total Assets Historical Data

The historical data trend for Microvast Holdings's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Microvast Holdings Total Assets Chart

Microvast Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

404.51

995.29

984.96

1,096.73

Microvast Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial											1,003.98	997.67	1,016.56	1,096.73	1,040.65

Microvast Holdings Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Microvast Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	564.19	+	532.542
	=	1,096.7

Microvast Holdings's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	546.146	+	494.502
	=	1,040.6

Microvast Holdings (NAS:MVST) Total Assets Explanation

Total Assets is connected with ROA %.

Microvast Holdings's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-99.3	/	( (1096.732	+	1040.648)	/ 2 )
	=	-99.3	/	1068.69
	=	-9.29 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Microvast Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	81.351	/	( (1096.732	+	1040.648)	/ 2 )
=	81.351	/	1068.69
=	0.08

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Microvast Holdings Total Assets Related Terms

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Microvast Holdings (Microvast Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Microvast Holdings Inc (NAS:MVST) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

2OZA:Germany 2OZA:Germany 2OZ:Germany

Address

12603 Southwest Freeway, Suite 300, Stafford, TX, USA, 77477

Website

https://www.microvast.com

Microvast Holdings Inc is a technology innovator that designs, develops, and manufactures lithium-ion battery solutions. The company is renowned for its cutting-edge cell technology and its vertical integration capabilities which extend from core battery chemistry to battery packs.

Executives

Yanzhuan Zheng	director, officer: CFO, Director	12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Craig Webster	director	12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Zachariah Ward	officer: President, Microvast Energy	12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Yeelong Balladon	director	C/O MICROVAST HOLDINGS, INC., 12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Shane Smith	officer: COO & President, Microvast US	12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Stephen A Vogel	director	701 BRAZOS STREET, SUITE 1200, AUSTIN TX 78701
Sarah Beth Alexander	officer: General Counsel	12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Michael Stanley Whittingham	director	12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Yang Wu	director, 10 percent owner, officer: CEO, COB, Director	12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Wong Arthur Lap Tat	director	C/O 27 UNION SQUARE WEST, SUITE 502, NEW YORK NY 10003
Shengxian Wu	officer: CEO, Microvast China	12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Sascha Rene Kelterborn	officer: CRO & Man. Dir. Microvast EMEA	12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Wenjuan Mattis	officer: Chief Technology Officer (CTO)	12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Lu Gao	officer: Chief Accounting Officer (CAO)	12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477
Wei Ying	director	12603 SOUTHWEST FREEWAY, SUITE 210, STAFFORD TX 77477