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Microvast Holdings, Inc. MVST Increase (Decrease) in Prepaid Expense and Other Assets

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Other financials

Income statement

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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

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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

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

Valuation

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Market cap$374.8M-70.5%
Enterprise value$341.93M-75.9%
P/E152.7×
P/S-2.1×

Profitability

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

Returns & leverage

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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:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

The official record: Microvast Holdings, Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Microvast Holdings, Inc.'s increase (decrease) in prepaid expense and other assets?
Microvast Holdings, Inc. (MVST) reported increase (decrease) in prepaid expense and other assets of -$918K in Q1 2026.
How has Microvast Holdings, Inc.'s increase (decrease) in prepaid expense and other assets changed year-over-year?
Microvast Holdings, Inc.'s increase (decrease) in prepaid expense and other assets decreased by 138.2% year-over-year, from $2.4M to -$918K.
What is the long-term trend for Microvast Holdings, Inc.'s increase (decrease) in prepaid expense and other assets?
Over 2 years (2021 to 2023), Microvast Holdings, Inc.'s increase (decrease) in prepaid expense and other assets has grown at a 14.1% compound annual growth rate (CAGR), from $10.98M to $14.29M.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.