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Microvast Holdings, Inc. (MVST)

Microvast Holdings, Inc. (MVST)

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Cash Flow Overview

Free Cash flow
-$21,828K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Proceeds from bank borrowings
    • Accounts payable
    • Proceeds on disposal of property...
    • Others
Negative Cash Flow Breakdown
    • Repayment of bank borrowings
    • Notes payable
    • Net (loss) profit
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net (loss) profit
-11,988
48,211
16,539
-1,489
Loss on disposal of property, plant and equipment
-
-
2
265
Gain on debt restructuring
-
-
505
0
Interest expense
-
-
0
0
Depreciation of property, plant and equipment
8,079
8,082
8,189
8,078
Amortization of land use right and intangible assets
-
-
-
194
Amortization of land use rights and intangible assets
-
-
773
-
Noncash lease expenses
701
717
655
651
Share-based compensation
842
1,008
795
728
Changes in fair value of warrant liability and convertible loan
-5,837
63,838
51,881
-91,002
(reversal) provision of credit losses
-74
-2,643
-
-347
Allowance of credit losses
-
-
7,991
-
Write-down for obsolete inventories
-
-
28,998
4,724
Impairment loss of long-lived assets
24
-
2,742
36
Product warranty
3,565
2,417
3,797
4,864
Deferred tax benefit
-
-
-5,429
-
Other, net
210
-1,680
-
-
Notes receivable
-343
3,277
9,073
4,313
Accounts receivable
-3,663
-33,464
4,299
22,447
Inventories
-2,388
7,000
-9,707
-10,331
Prepaid expenses and other current assets
-406
-918
-1,332
1,262
Amounts due from/to related parties
163
15
2
0
Operating lease right-of-use assets
-
401
-146
-163
Other non-current assets
-561
-1,754
441
-758
Notes payable
-37,776
-27,045
19,823
13,026
Accounts payable
15,465
-1,262
-13,380
-13,077
Advance from customers
-1,773
980
-171
-35,897
Accrued expenses and other liabilities
-863
-16,290
298
37,091
Operating lease liabilities
-1,010
-255
-605
-541
Other non-current liabilities
743
-1,875
2,839
986
Net cash (used in) generated from operating activities
-10,513
-22,796
16,422
15,163
Purchases of property, plant and equipment
11,315
2,855
643
13,984
Proceeds on disposal of property, plant and equipment
10,813
51
53
3,607
Purchase of short-term investments
-
-
0
-
Proceeds from maturity of short-term investments
-
-
0
0
Net cash used in investing activities
-502
-2,804
-590
-10,377
Proceeds from bank borrowings
17,635
51,721
15,658
10,479
Repayment of bank borrowings
40,025
20,804
30,105
9,781
Convertible loan
-
-
0
0
Repayment of bonds payable
0
0
0
0
Payment for debt issuance costs
-
-
0
0
Proceeds from sale of common stocks
1,350
-
28,750
-
Payment for equity issuance costs
105
224
809
-
Deferred payment related to purchases of property, plant and equipment
0
1,368
6,633
3,443
Net cash generated from (used in) financing activities
-21,145
29,325
6,861
-2,745
Effect of exchange rate changes on cash, cash equivalents and restricted cash
1,251
1,031
3,918
1,766
(decrease) increase in cash, cash equivalents and restricted cash
-30,909
4,756
26,611
3,807
Cash, cash equivalents and restricted cash at beginning of the period
142,627
142,627
-
109,601
Cash, cash equivalents and restricted cash at end of the period
143,085
173,994
-
142,627
Cash and cash equivalents
127,828
-
-
-
Cash, cash equivalents and restricted cash at beginning of the year
-
-
109,601
-
Restricted cash
15,257
-
-
-
Total cash, cash equivalents and restricted cash
143,085
-
169,238
-
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Effect of exchange ratechanges on cash, cash...$1,251K (138.77%↑ Y/Y)(decrease) increase incash, cash...-$30,909K (-205.78%↓ Y/Y)Canceled cashflow$1,251K Proceeds from bankborrowings$17,635K (-70.40%↓ Y/Y)Proceeds from sale ofcommon stocks$1,350K Accounts payable$15,465K (146.89%↑ Y/Y)Depreciation of property,plant and equipment$8,079K (-49.79%↓ Y/Y)Changes in fair value ofwarrant liability and...-$5,837K (92.55%↑ Y/Y)Accounts receivable-$3,663K (-814.04%↓ Y/Y)Product warranty$3,565K (-58.12%↓ Y/Y)Inventories-$2,388K (66.13%↑ Y/Y)Share-based compensation$842K (-45.64%↓ Y/Y)Other non-currentliabilities$743K (-6.78%↓ Y/Y)Noncash lease expenses$701K (-46.53%↓ Y/Y)Other non-currentassets-$561K (-79.81%↓ Y/Y)Prepaid expenses andother current assets-$406K (95.40%↑ Y/Y)Notes receivable-$343K (-102.46%↓ Y/Y)Amounts due from/torelated parties$163K (3360.00%↑ Y/Y)Impairment loss oflong-lived assets$24K (-98.24%↓ Y/Y)Proceeds on disposal ofproperty, plant and...$10,813K (8282.17%↑ Y/Y)Net cash generatedfrom (used in)...-$21,145K (-211.00%↓ Y/Y)Net cash (used in)generated from operating...-$10,513K (-123.72%↓ Y/Y)Canceled cashflow$18,985K Canceled cashflow$42,780K Net cash used ininvesting activities-$502K (90.11%↑ Y/Y)Canceled cashflow$10,813K Repayment of bankborrowings$40,025K (-28.76%↓ Y/Y)Notes payable-$37,776K (-329.22%↓ Y/Y)Payment for equityissuance costs$105K Net (loss) profit-$11,988K (72.92%↑ Y/Y)Advance from customers-$1,773K (22.20%↑ Y/Y)Operating leaseliabilities-$1,010K (-57.81%↓ Y/Y)Accrued expenses andother liabilities-$863K (94.86%↑ Y/Y)Purchases of property,plant and equipment$11,315K (117.30%↑ Y/Y)