microvast, incorporated is the parent company of microvast power systems, microvast materials and ochem. each company represents a piece of the vertical integration strategy for manufacturing top level advanced power solutions. founded in 2006 as a primarily research and technology driven company, microvast, inc., has evolved into a completely vertically integrated advanced power and technology company that maintains strict quality control from the very bottom all the way to the top. this quality is reflected in the top-level advanced power solutions we provide, as well as within each of our other products from our integrated companies. it also gives us some significant customization flexibility and cost advantages when meeting the needs of our customers. at its heart microvast is a battery chemistry innovator with over 250 patent applications, and over 100 core patents for all battery cell components. microvast’s manufacturing operations are centered in huzhou zhejiang china. our
Company profile
Ticker
MVST
Exchange
Website
CEO
Yang Wu
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Tuscan Holdings Corp.
SEC CIK
Corporate docs
Subsidiaries
Microvast, Inc. • Microvast Power Solutions, Inc. • Microvast Power Systems Co., Ltd. • Microvast Power Systems UK Limited • Microvast GmbH • Huzhou Hongwei New Energy Automobile Co., Ltd. • Huzhou Microvast Electric Vehicle Sales Service, Ltd. • Microvast Energy, Inc. • Microvast Advanced Membrane, Inc. • Microvast Advanced Materials, Inc. ...
IRS number
832530757
MVST stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
12 Apr 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
1 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
NT 10-K
Notice of late annual filing
15 Mar 24
8-K
Departure of Directors or Certain Officers
9 Feb 24
8-K
Other Events
18 Jan 24
UPLOAD
Letter from SEC
21 Dec 23
CORRESP
Correspondence with SEC
27 Nov 23
UPLOAD
Letter from SEC
14 Nov 23
8-K
Microvast Reports Third Quarter 2023 Financial Results
9 Nov 23
Transcripts
MVST
Earnings call transcript
2023 Q4
1 Apr 24
MVST
Earnings call transcript
2023 Q3
9 Nov 23
MVST
Earnings call transcript
2023 Q2
7 Aug 23
MVST
Earnings call transcript
2023 Q1
9 May 23
MVST
Earnings call transcript
2022 Q4
16 Mar 23
MVST
Earnings call transcript
2022 Q3
11 Nov 22
MVST
Earnings call transcript
2022 Q2
12 Aug 22
MVST
Earnings call transcript
2022 Q1
17 May 22
MVST
Earnings call transcript
2021 Q4
30 Mar 22
MVST
Earnings call transcript
2021 Q3
16 Nov 21
Latest ownership filings
SC 13G/A
BlackRock Inc.
5 Apr 24
4
Wenjuan Mattis
29 Mar 24
4
Yeelong Balladon
29 Mar 24
4
Michael Stanley Whittingham
29 Mar 24
4
Wei Ying
29 Mar 24
4
Arthur Lap Tat Wong
29 Mar 24
4
Stephen A Vogel
29 Mar 24
SC 13G
BlackRock Inc.
2 Feb 24
4
Yanzhuan Zheng
16 Nov 23
144
Notice of proposed sale of securities
15 Nov 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 89.21 mm | 89.21 mm | 89.21 mm | 89.21 mm | 89.21 mm | 89.21 mm |
Cash burn (monthly) | 27.04 mm | 27.21 mm | 8.78 mm | 9.93 mm | 9.78 mm | 5.47 mm |
Cash used (since last report) | 179.90 mm | 181.05 mm | 58.44 mm | 66.07 mm | 65.08 mm | 36.42 mm |
Cash remaining | -90.69 mm | -91.83 mm | 30.77 mm | 23.15 mm | 24.13 mm | 52.79 mm |
Runway (months of cash) | -3.4 | -3.4 | 3.5 | 2.3 | 2.5 | 9.6 |
Institutional ownership, Q3 2023
43.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 114 |
Opened positions | 24 |
Closed positions | 12 |
Increased positions | 44 |
Reduced positions | 29 |
13F shares | Current |
---|---|
Total value | 117.40 bn |
Total shares | 139.30 mm |
Total puts | 464.60 k |
Total calls | 413.00 k |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
CDH Griffin | 40.44 mm | $228.87 mm |
Ashmore Investment Management | 23.50 mm | $235.03 mm |
International Finance | 13.15 mm | $35.78 mm |
Vanguard | 12.52 mm | $23.66 bn |
BLK Blackrock | 10.52 mm | $19.89 bn |
Owl Creek Asset Management | 7.17 mm | $13.55 bn |
Mirae Asset Global Investments | 4.05 mm | $7.66 bn |
Geode Capital Management | 3.61 mm | $6.82 bn |
STT State Street | 3.47 mm | $6.57 bn |
D. E. Shaw & Co. | 2.15 mm | $4.07 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jan 24 | Yeelong Balladon | Common Stock | Grant | Acquire A | No | No | 0 | 8,482 | 0.00 | 98,189 |
14 Nov 23 | Yanzhuan Zheng | Common Stock | Sell | Dispose S | No | No | 1.3 | 1,000,000 | 1.30 mm | 710,000 |
9 Oct 23 | Michael Stanley Whittingham | Common Stock | Sale back to company | Dispose D | No | No | 0 | 54,166 | 0.00 | 62,992 |
15 Sep 23 | Yanzhuan Zheng | Common Stock | Sell | Dispose S | No | No | 2.02 | 313,009 | 632.28 k | 1,710,000 |
22 Aug 23 | Craig Webster | Common Stock | Buy | Acquire P | No | No | 1.64 | 13,000 | 21.32 k | 403,077 |
15 Aug 23 | Yeelong Balladon | Common Stock | Grant | Acquire A | No | No | 0 | 53,671 | 0.00 | 89,707 |
15 Aug 23 | Michael Stanley Whittingham | Common Stock | Grant | Acquire A | No | No | 0 | 9,912 | 0.00 | 117,158 |
15 Aug 23 | Michael Stanley Whittingham | Common Stock | Grant | Acquire A | No | No | 0 | 53,671 | 0.00 | 107,246 |
News
12 Industrials Stocks Moving In Monday's After-Market Session
8 Apr 24
12 Industrials Stocks Moving In Friday's Intraday Session
5 Apr 24
12 Industrials Stocks Moving In Thursday's After-Market Session
4 Apr 24
HC Wainwright & Co. Maintains Buy on Microvast Holdings, Lowers Price Target to $3
3 Apr 24
12 Industrials Stocks Moving In Tuesday's After-Market Session
2 Apr 24
Press releases
4 Stocks To Watch As EV Demand Rebounds (VVPR, PLUG, ENVX, MULN)
18 Apr 24
4 Stocks To Watch As EV Demand Rebounds
18 Apr 24
Microvast Reports 2023 Financial Results
1 Apr 24
Microvast Schedules Fourth Quarter Earnings Call
19 Mar 24
Investigation Alert Microvast, SunPower, Telephone Data Systems, and Spirit AeroSystems: Johnson Fistel, LLP Encourages Long-Term Investors to Submit Their Information Below
22 Feb 24