Microvast Holdings, Inc. (MVST) Financial Ratio Screen

NASDAQ Consumer Cyclical United States USD 475M
RATIOS FAIL*
Automated financial screen · activity assessed separately
Microvast Holdings, Inc. (MVST) is potentially non-compliant in the automated ratio model. The company's debt ratio of 38.2% exceeds the 30% MSCI new-inclusion threshold relative to total assets. Microvast Holdings, Inc. operates in the Consumer Cyclical sector.

Track MVST screening changes

Get an email when this stock's published screening status or underlying ratios change.

MSCI new-inclusion financial-ratio snapshot

MVST financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
38.2%
Fail vs 30%
Cash ratio
10.4%
Pass vs 30%
Receivables + cash
27.3%
Pass vs 30%
Impermissible income
0.2%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: December 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2025Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

The request button opens your email application with a pre-filled message. HalalStockGuide receives no address or request unless you choose to send it.

Business activity evidence

Activity assessment in progress

The supplied classification (Auto Parts) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Microvast Holdings, Inc. engages in the design, development, and manufacturing of battery components and systems primarily for electric commercial vehicles and energy storage systems. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, electrolyte formulation, full concentration gradient cathode, polyaramid separator, and nickel manganese cobalt. It also designs, develops, and manufactures components of lithium-ion batteries, such as cathode, anode, electrolytes, and separator. The company's commercial vehicle markets cover buses, trains, mining trucks, marine and port vehicles, and automated guided and specialty vehicles, as well as light, medium, and heavy-duty trucks. It operates in China, India, rest of the Asia Pacific, Italy, France, rest of Europe, and the United States. Microvast Holdings, Inc. was founded in 2006 and is headquartered in Stafford, Texas.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 38.2%
/ 30%
10.4%
/ 30%
27.3%
/ 30%
0.22%
/ 5%
RATIOS FAIL*
FTSE 38.2%
/ 33%
10.4%
/ 33%
27.3%
/ 50%
0.22%
/ 5%
RATIOS FAIL*

Financial Highlights

EPS
$-0.09
P/B Ratio
1.2
EV/EBITDA
10.2
EV: $751M
Revenue
$428M
Growth: -15.0%
Beta
3.5
High volatility
Current Ratio
0.9

Profitability

Gross Margin 36.2%
Operating Margin 2.4%
Net Margin -6.8%
Return on Equity (ROE) -7.3%
Return on Assets (ROA) 2.6%

Cash Flow & Balance Sheet

Operating Cash Flow$76M
Free Cash Flow$56M
Total Debt$384M
Debt-to-Equity93.7
Current Ratio0.9
Total Assets$1.0B

Price & Trading

Last Close$1.45
50-Day MA$2.30
200-Day MA$3.32
Avg Volume4.2M
Beta3.5
52-Week Range
$1.09
$7.12

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Microvast Holdings, Inc. (MVST)

CEO
Mr. Yang Wu
Employees
1,908
Sector
Consumer Cyclical
Industry
Auto Parts
Country
United States
Exchange
NASDAQ
Market Cap (listing currency)
USD 475M
Currency
USD

Microvast Holdings, Inc. engages in the design, development, and manufacturing of battery components and systems primarily for electric commercial vehicles and energy storage systems. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, electrolyte formulation, full concentration gradient cathode, polyaramid separator, and nickel manganese cobalt. It also designs, develops, and manufactures components of lithium-ion batteries, such as cathode, anode, electrolytes, and separator. The company's commercial vehicle markets cover buses, trains, mining trucks, marine and port vehicles, and automated guided and specialty vehicles, as well as light, medium, and heavy-duty trucks. It operates in China, India, rest of the Asia Pacific, Italy, France, rest of Europe, and the United States. Microvast Holdings, Inc. was founded in 2006 and is headquartered in Stafford, Texas.

Popular halal stock checks

Explore other frequently viewed automated stock screens and compare the available financial ratios.

Frequently Asked Questions

Is Microvast Holdings, Inc. (MVST) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Microvast Holdings, Inc.'s debt ratio?

Microvast Holdings, Inc.'s debt ratio is 38.2% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Microvast Holdings, Inc.'s key financial metrics?

Microvast Holdings, Inc. has a market capitalization of USD 475M in its listing currency, and revenue of $428M. The company maintains a gross margin of 36.2% and a net margin of -6.8%. Return on equity stands at -7.3%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.