Microvast Historical Income Statement

MVST Stock

USD 0.84 0.09 12.00%

Historical analysis of Microvast Holdings income statement accounts such as Minority Interest of 19.9 K can show how well Microvast Holdings performed in making a profits. Evaluating Microvast Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Microvast Holdings's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Microvast Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Microvast Holdings is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microvast Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Microvast Stock please use our How to Invest in Microvast Holdings guide.

About Microvast Income Statement Analysis

Microvast Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Microvast Holdings shareholders. The income statement also shows Microvast investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Microvast Holdings Income Statement Chart

At this time, Microvast Holdings' Interest Expense is comparatively stable compared to the past year. Net Interest Income is likely to gain to about 2.9 M in 2024, whereas Net Loss is likely to drop (149.5 M) in 2024.

Other Operating Expenses Income Tax Expense Minority Interest Tax Provision Selling General Administrative Income Before Tax

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Microvast Holdings. It is also known as Microvast Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Microvast Holdings whose combined shares represent less than 50% of the total outstanding shares issued by Microvast Holdings have a minority interest in Microvast Holdings.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Microvast Holdings income statement and is an important metric when analyzing Microvast Holdings profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most accounts from Microvast Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Microvast Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microvast Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Microvast Stock please use our How to Invest in Microvast Holdings guide.At this time, Microvast Holdings' Interest Expense is comparatively stable compared to the past year. Net Interest Income is likely to gain to about 2.9 M in 2024, whereas Net Loss is likely to drop (149.5 M) in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	20.7M	22.6M	22.9M	21.8M
Interest Income	446K	3.2M	5.1M	5.3M

Depreciation And Amortization Interest Income

Microvast Holdings income statement Correlations

	Other Operating Expenses	Ebit	Income Tax Expense	Minority Interest	Tax Provision	Net Interest Income	Interest Income	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Operating Income	Net Income From Continuing Ops	Research Development	Ebitda	Cost Of Revenue	Non Recurring	Total Operating Expenses	Reconciled Depreciation	Income Before Tax	Non Operating Income Net Other	Total Other Income Expense Net	Net Income
Other Operating Expenses		-0.79	-0.76	-0.92	-0.44	0.77	0.68	0.95	0.96	0.91	0.91	0.35	-0.83	-0.91	0.82	-0.79	0.96	-0.49	0.95	0.95	-0.8	-0.71	0.46	-0.79
Ebit	-0.79		0.28	0.9	-0.08	-0.47	-0.37	-0.79	-0.9	-0.84	-0.61	0.13	1.0	0.96	-0.76	1.0	-0.8	0.24	-0.88	-0.85	1.0	0.71	0.01	1.0
Income Tax Expense	-0.76	0.28		0.54	0.76	-0.7	-0.65	-0.68	-0.58	-0.54	-0.69	-0.61	0.35	0.49	-0.47	0.28	-0.63	0.52	-0.58	-0.65	0.3	0.44	-0.71	0.29
Minority Interest	-0.92	0.9	0.54		0.28	-0.8	-0.72	-0.97	-0.98	-0.98	-0.86	-0.31	0.93	0.97	-0.9	0.89	-0.96	0.59	-0.98	-0.97	0.9	0.7	-0.37	0.9
Tax Provision	-0.44	-0.08	0.76	0.28		-0.7	-0.7	-0.5	-0.32	-0.32	-0.59	-0.84	0.0	0.17	-0.32	-0.09	-0.42	0.54	-0.34	-0.41	-0.07	0.11	-0.95	-0.09
Net Interest Income	0.77	-0.47	-0.7	-0.8	-0.7		0.99	0.89	0.76	0.85	0.9	0.81	-0.53	-0.65	0.83	-0.45	0.84	-0.85	0.8	0.8	-0.47	-0.38	0.82	-0.45
Interest Income	0.68	-0.37	-0.65	-0.72	-0.7	0.99		0.82	0.67	0.79	0.85	0.86	-0.44	-0.56	0.79	-0.35	0.77	-0.88	0.72	0.71	-0.37	-0.27	0.83	-0.35
Depreciation And Amortization	0.95	-0.79	-0.68	-0.97	-0.5	0.89	0.82		0.97	0.97	0.94	0.48	-0.84	-0.91	0.91	-0.78	0.98	-0.63	0.98	0.97	-0.79	-0.63	0.57	-0.78
Selling General Administrative	0.96	-0.9	-0.58	-0.98	-0.32	0.76	0.67	0.97		0.97	0.88	0.26	-0.93	-0.98	0.89	-0.89	0.97	-0.47	0.99	0.97	-0.9	-0.7	0.38	-0.9
Selling And Marketing Expenses	0.91	-0.84	-0.54	-0.98	-0.32	0.85	0.79	0.97	0.97		0.91	0.39	-0.88	-0.92	0.97	-0.83	0.97	-0.58	0.99	0.93	-0.84	-0.56	0.45	-0.83
Total Revenue	0.91	-0.61	-0.69	-0.86	-0.59	0.9	0.85	0.94	0.88	0.91		0.61	-0.66	-0.77	0.88	-0.6	0.96	-0.62	0.91	0.87	-0.61	-0.51	0.65	-0.6
Gross Profit	0.35	0.13	-0.61	-0.31	-0.84	0.81	0.86	0.48	0.26	0.39	0.61		0.06	-0.11	0.41	0.15	0.43	-0.82	0.32	0.35	0.13	-0.01	0.91	0.15
Operating Income	-0.83	1.0	0.35	0.93	0.0	-0.53	-0.44	-0.84	-0.93	-0.88	-0.66	0.06		0.98	-0.79	0.99	-0.83	0.29	-0.91	-0.89	1.0	0.72	-0.07	0.99
Net Income From Continuing Ops	-0.91	0.96	0.49	0.97	0.17	-0.65	-0.56	-0.91	-0.98	-0.92	-0.77	-0.11	0.98		-0.81	0.96	-0.91	0.43	-0.95	-0.96	0.96	0.79	-0.22	0.96
Research Development	0.82	-0.76	-0.47	-0.9	-0.32	0.83	0.79	0.91	0.89	0.97	0.88	0.41	-0.79	-0.81		-0.74	0.9	-0.52	0.93	0.81	-0.75	-0.33	0.49	-0.74
Ebitda	-0.79	1.0	0.28	0.89	-0.09	-0.45	-0.35	-0.78	-0.89	-0.83	-0.6	0.15	0.99	0.96	-0.74		-0.79	0.22	-0.87	-0.85	1.0	0.72	0.03	1.0
Cost Of Revenue	0.96	-0.8	-0.63	-0.96	-0.42	0.84	0.77	0.98	0.97	0.97	0.96	0.43	-0.83	-0.91	0.9	-0.79		-0.58	0.98	0.95	-0.8	-0.66	0.48	-0.79
Non Recurring	-0.49	0.24	0.52	0.59	0.54	-0.85	-0.88	-0.63	-0.47	-0.58	-0.62	-0.82	0.29	0.43	-0.52	0.22	-0.58		-0.5	-0.6	0.24	0.38	-0.64	0.23
Total Operating Expenses	0.95	-0.88	-0.58	-0.98	-0.34	0.8	0.72	0.98	0.99	0.99	0.91	0.32	-0.91	-0.95	0.93	-0.87	0.98	-0.5		0.96	-0.88	-0.63	0.43	-0.87
Reconciled Depreciation	0.95	-0.85	-0.65	-0.97	-0.41	0.8	0.71	0.97	0.97	0.93	0.87	0.35	-0.89	-0.96	0.81	-0.85	0.95	-0.6	0.96		-0.86	-0.79	0.44	-0.85
Income Before Tax	-0.8	1.0	0.3	0.9	-0.07	-0.47	-0.37	-0.79	-0.9	-0.84	-0.61	0.13	1.0	0.96	-0.75	1.0	-0.8	0.24	-0.88	-0.86		0.73	0.01	1.0
Non Operating Income Net Other	-0.71	0.71	0.44	0.7	0.11	-0.38	-0.27	-0.63	-0.7	-0.56	-0.51	-0.01	0.72	0.79	-0.33	0.72	-0.66	0.38	-0.63	-0.79	0.73		0.0	0.73
Total Other Income Expense Net	0.46	0.01	-0.71	-0.37	-0.95	0.82	0.83	0.57	0.38	0.45	0.65	0.91	-0.07	-0.22	0.49	0.03	0.48	-0.64	0.43	0.44	0.01	0.0		0.03
Net Income	-0.79	1.0	0.29	0.9	-0.09	-0.45	-0.35	-0.78	-0.9	-0.83	-0.6	0.15	0.99	0.96	-0.74	1.0	-0.79	0.23	-0.87	-0.85	1.0	0.73	0.03

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Microvast Holdings Account Relationship Matchups

Microvast Holdings income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	6.4M	5.7M	5.4M	3.3M	2.6M	4.3M
Other Operating Expenses	130.3M	136.6M	346.0M	364.4M	415.3M	256.5M
Ebit	(53.9M)	(27.9M)	(201.1M)	(154.8M)	(103.8M)	(109.0M)
Net Income Applicable To Common Shares	(115.5M)	1.4M	(206.5M)	(158.2M)	(142.4M)	(149.5M)
Income Tax Expense	189K	1K	5.0M	33K	10K	9.5K

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Microvast Historical Income Statement

About Microvast Income Statement Analysis

Microvast Holdings Income Statement Chart

Other Operating Expenses

Minority Interest

Tax Provision

Income Before Tax

Microvast Holdings income statement Correlations

Microvast Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Microvast Holdings income statement Accounts

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Explore Investment Opportunities

Additional Tools for Microvast Stock Analysis

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Operating Income	+ 1.0	Ebit
Ebitda	+ 1.0	Ebit
Income Before Tax	+ 1.0	Ebit
Net Income	+ 1.0	Ebit
Income Before Tax	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Ebitda

Net Income From Continuing Ops	- 0.98	Selling General Administrative
Total Operating Expenses	- 0.98	Minority Interest
Selling And Marketing Expenses	- 0.98	Minority Interest
Selling General Administrative	- 0.98	Minority Interest
Reconciled Depreciation	- 0.97	Minority Interest
Depreciation And Amortization	- 0.97	Minority Interest