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Microvast Holdings (Microvast Holdings) Pretax Margin % : -30.52% (As of Mar. 2024)


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What is Microvast Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Microvast Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was $-24.8 Mil. Microvast Holdings's Revenue for the three months ended in Mar. 2024 was $81.4 Mil. Therefore, Microvast Holdings's pretax margin for the quarter that ended in Mar. 2024 was -30.52%.

The historical rank and industry rank for Microvast Holdings's Pretax Margin % or its related term are showing as below:

MVST' s Pretax Margin % Range Over the Past 10 Years
Min: -135.87   Med: -77.35   Max: -29.81
Current: -29.81


MVST's Pretax Margin % is ranked worse than
91.7% of 2975 companies
in the Industrial Products industry
Industry Median: 6.51 vs MVST: -29.81

Microvast Holdings Pretax Margin % Historical Data

The historical data trend for Microvast Holdings's Pretax Margin % 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.

* Premium members only.

Microvast Holdings Pretax Margin % Chart

Microvast Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-77.81 -31.27 -135.87 -77.35 -34.70

Microvast Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -62.95 -34.79 -32.67 -23.51 -30.52

Competitive Comparison of Microvast Holdings's Pretax Margin %

For the Electrical Equipment & Parts subindustry, Microvast Holdings's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Microvast Holdings's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Microvast Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Microvast Holdings's Pretax Margin % falls into.



Microvast Holdings Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-106.402/306.617
=-34.70 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-24.825/81.351
=-30.52 %

* 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.


Microvast Holdings  (NAS:MVST) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Microvast Holdings Pretax Margin % Related Terms

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Microvast Holdings (Microvast Holdings) Business Description

Traded in Other Exchanges
Address
12603 Southwest Freeway, Suite 300, Stafford, TX, USA, 77477
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

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