Microvast Holdings, Inc. SG&A Expense History
MVST / Industrials|6 years of SEC 10-K data (FY2019-FY2024)
$81M in FY2024 with a 5-year CAGR of +40.0%.
Improved from $103M to $81M over the past 2 years.
Microvast Holdings, Inc.'s sg&a expense of $81M is lower than 88% of companies in the Industrials sector (FY2024). Improved from $103M to $81M over the past 2 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.38 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- -7.1%
- 5-Year CAGR
- +40.0%
- 10-Year CAGR
- -
SG&A Expense Trend
Top 12% in IndustrialsTop 12% of 310This company $81.5M Sector average $854.3M
▼
-90.5% below sector average
Key Insights
- 5-year CAGR of +40.0%, indicating consistent growth.
- In FY2024, sg&a expense decreased 15.8% year-over-year.
- Ranks #274 out of 310 companies in the Industrials sector.
- Peak sg&a expense was recorded in FY2022.
Annual Data
| Year | SG&A Expense | YoY Growth |
|---|---|---|
| FY2024 | $81.5M | -15.8% |
| FY2023 | $96.8M | -5.8% |
| FY2022 | $102.8M | +1.1% |
| FY2021 | $101.6M | +439.2% |
| FY2020 | $18.8M | +24.3% |
| FY2019 | $15.2M | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026