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MVST

Microvast Holdings Inc

$0.45

Earnings Summary

Revenue
$80.12Mn
Net Profits
$-26.13Mn
Net Profit Margins
-32.62%

Highlights

Revenue:

Microvast Holdings Inc’s revenue jumped 107.47% since last year same period to $80.12Mn in the Q3 2023. On a quarterly growth basis, Microvast Holdings Inc has generated 6.89% jump in its revenue since last 3-months.

Net Profits:

Microvast Holdings Inc’s net profit jumped 29.98% since last year same period to $-26.13Mn in the Q3 2023. On a quarterly growth basis, Microvast Holdings Inc has generated -0.16% fall in its net profits since last 3-months.

Net Profit Margins:

Microvast Holdings Inc’s net profit margin jumped 66.25% since last year same period to -32.62% in the Q3 2023. On a quarterly growth basis, Microvast Holdings Inc has generated 6.3% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Microvast Holdings Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.08
EPS Estimate Current Year
-0.08

Highlights

EPS Estimate Current Quarter:

Microvast Holdings Inc’s earning per share (EPS) estimates for the current quarter stand at -0.08 - a -14.29% fall from last quarter’s estimates.

EPS Estimate Current Year:

Microvast Holdings Inc’s earning per share (EPS) estimates for the current year stand at -0.08.

Key Ratios

Key ratios of the Microvast Holdings Inc post its Q1 2024 earnings

Earning Per Share (EPS)
-0.08
Return on Assets (ROA)
-0.07
Return on Equity (ROE)
-0.18

Highlights

Earning Per Share (EPS):

Microvast Holdings Inc’s earning per share (EPS) fell -100% since last year same period to -0.08 in the Q1 2024. This indicates that the Microvast Holdings Inc has generated -100% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Microvast Holdings Inc’s return on assets (ROA) stands at -0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Microvast Holdings Inc’s return on equity (ROE) stands at -0.18.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-01
-0.08
-0.08
0%