Microvast Holdings, Inc. (MVST) Return on equity 2020–2025
Microvast Holdings, Inc. (MVST) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-7.1%FY2025 · since FY2020: -48.5% → -7.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -7.1% | +43.3 pp |
| FY2024 | -50.4% | -31.5 pp |
| FY2023 | -18.8% | +7.0 pp |
| FY2022 | -25.8% | +4.3 pp |
| FY2021 | -30.1% | +18.4 pp |
| FY2020 | -48.5% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice