Skip to content
Screener

Microvast Holdings, Inc. MVST PRC — Effective Tax Rate

Similar metrics at other companies

Arista Networks logo
ANETEffective Tax Rate
19.4%+1.7pp
Chevron logo
CVXEffective Tax Rate
27%-12.0pp
Immunovant, Inc. logo
IMVTUnited States — Effective tax rate
5.3%0.0pp
Ispire Technology Inc. logo
ISPRMY — Effective Income Tax Rate Continuing Operations
6%
Yum China Holdings logo
YUMCCN — Effective Income Tax Rate Continuing Operations
6.3%0.0pp
Mohawk Industries logo
MHKUnited States — Effective Income Tax Rate Reconciliation, Percent
5.3%-6.0pp

Other financials

Income statement

See full
Revenue$60.6M-48.0%
Gross profit$19.2M-55.5%
Operating income-$7.9M-152%
Net income$48.2M-22.0%
EPS (diluted)-$0.04-180%

Balance sheet

See full
Cash & equivalents$126.1M+2.5%
Total debt$93.3M-65.4%
Total equity$466.1M+2.6%
Total assets$987.5M+0.5%

Cash flow

See full
Operating cash flow-$22.8M-418%
CapEx$2.9M+21.7%
Free cash flow-$25.7M-632%

Valuation

See full
Market cap$291.45M-70.4%
Enterprise value$258.58M-79.3%
P/E118.8×
P/S0.8×-1.5×

Profitability

See full
Gross margin26.4%-8.6pp
Operating margin9.7%+5.4pp
Net margin-28.8%-5.3pp
FCF margin6.9%

Returns & leverage

See full
Return on equity-30.3%+5.7pp
Debt / equity0.2×-0.4×
Current ratio-0.4×

Where this comes from

Reported directly by Microvast Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateContinuingOperations.

The source filing: Microvast Holdings, Inc.’s 10-K, filed March 16, 2026.

Filed
Mar 16, 2026, 5:21 PM EDT
Fiscal year
FY2025
Accession
0001628280-26-018264

MPS was recognized as a “New and High Tech Enterprise” (“NHTE”) by the relevant PRC government authorities in 2021 and 2024. Therefore, MPS, as the NHTE, is entitled to an income tax rate of 15% for 2025, 2024, and 2023.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Microvast Holdings, Inc.'s PRC — effective tax rate?
Microvast Holdings, Inc. (MVST) reported PRC — effective tax rate of 3.8% in Q4 2025.
How has Microvast Holdings, Inc.'s PRC — effective tax rate changed year-over-year?
Microvast Holdings, Inc.'s PRC — effective tax rate decreased by 0.0% year-over-year, from 3.8% to 3.8%.
What is the long-term trend for Microvast Holdings, Inc.'s PRC — effective tax rate?
Over 4 years (2021 to 2025), Microvast Holdings, Inc.'s PRC — effective tax rate has grown at a 0.0% compound annual growth rate (CAGR), from 15% to 15%.
What does PRC — effective tax rate mean?
The actual percentage of pre-tax income paid as income tax by the company's operations in the PRC, accounting for all deductions, credits, and regional tax incentives. This provides a realistic view of the tax efficiency of the segment's operations.

Ask your AI about Microvast Holdings, Inc.'s prc — effective tax rate.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude