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)
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
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Departure of Directors or Certain Officers
13 Oct 23
8-K
Submission of Matters to a Vote of Security Holders
29 Sep 23
Transcripts
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
BlackRock Inc.
2 Feb 24
4
Yanzhuan Zheng
16 Nov 23
144
Notice of proposed sale of securities
15 Nov 23
4
Yanzhuan Zheng
18 Sep 23
144
Notice of proposed sale of securities
15 Sep 23
4
Craig Webster
23 Aug 23
SC 13G
International Finance Corp
17 Jul 23
4
Wenjuan Mattis
23 Mar 23
4
Sascha Rene Kelterborn
23 Mar 23
4
Lu Gao
23 Mar 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) | 161.23 mm | 162.25 mm | 52.38 mm | 59.21 mm | 58.33 mm | 32.64 mm |
Cash remaining | -72.02 mm | -73.04 mm | 36.84 mm | 30.00 mm | 30.88 mm | 56.57 mm |
Runway (months of cash) | -2.7 | -2.7 | 4.2 | 3.0 | 3.2 | 10.3 |
Institutional ownership, Q3 2023
44.0% 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 |
---|---|---|---|---|---|---|---|---|---|---|
14 Nov 23 | Yanzhuan Zheng | Common Stock | Sell | Dispose S | No | No | 1.3 | 1,000,000 | 1.30 mm | 710,000 |
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 |
31 Jan 23 | Shane Smith | Common Stock | Grant | Acquire A | No | No | 0 | 75,000 | 0.00 | 325,000 |
News
12 Industrials Stocks Moving In Tuesday's Intraday Session
26 Mar 24
12 Industrials Stocks Moving In Wednesday's Pre-Market Session
20 Mar 24
12 Industrials Stocks Moving In Friday's After-Market Session
15 Mar 24
Monday.com Reports Q4 Results, Joins AN2 TherapeuticsAnd Other Big Stocks Moving Lower In Monday's Pre-Market Session
12 Feb 24
12 Industrials Stocks Moving In Monday's Pre-Market Session
12 Feb 24
Press releases
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
MICROVAST ALERT: Bragar Eagel & Squire, P.C. is Investigating Microvast Holdings, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
15 Feb 24
MICROVAST ALERT: Bragar Eagel & Squire, P.C. is Investigating Microvast Holdings, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
6 Feb 24
Microvast Holdings, Inc. investors: Please contact the Portnoy Law Firm to recover your losses; February 5, 2024 deadline.
5 Feb 24