On this page of Benford's Law Stocks.com we present our study of Microvast Holdings Inc. — ticker symbol MVST. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 6/1/2021 to 11/10/2025 for Microvast Holdings Inc. under CIK number 0001760689. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for MVST, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Microvast Holdings Inc. based on the past MVST filings our system processed in the past.
31.7
14.3
18.7
9.1
7.4
6.1
5.4
3.2
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, MVST stockholder letter ]
Total numbers found: 868
Recent share count: 325,354,111 (3's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
868
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 9 numbers to move any given column by a full percentage point.
91

Starting from a possible score of 100, we made the following score deductions:
 • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 3, we canceled the penalty multiplier.
 • We deducted points upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 3's percentage was above the company's typical historical range.
 • We deducted point upon observing the 8's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 8's percentage was below the company's typical historical range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
Benford's Law Stocks Indicator
MVST
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
LVLU
MMLP
NEPH
NVTS
MAYS
MNTK
MYPS
NVCR
Check our work! We provide our Microvast Holdings Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the MVST filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 275 numbers that start with the digit 1. Here they are:
149,274
120,626
1,497
126,942
143,327
19,896
11,439
11,371
18,116
17,628
12,490
14,024
1,013,607
128,770
193,474
15,076
14,596
104,613
1,515,285
1,512,982
1,138,715
1,092,958
1,013,607
123,287
101,388
188,382
121,151
19,663
11,841
10,692
16,229
15,580
12
1,400
195,056
1,082
12,994
114,673
186
1,255
12,641
1,240
13,247
113,134
1,489
13,247
113,134
1,489
13,247
113,134
14
14
1,489
13,247
113,134
11,473
13,671
1,228
109,272
1,228
109,272
1,514,531
1,137,226
1,489
1,489
1,515,285
1,138,715
1,512,982
1,092,958
13,671
13,671
1,515,285
1,138,715
1,506,031
1,023,882
13,247
13,247
1
1
11,473
11,473
1,512,410
1,010,635
1,481,241
113,134
113,134
1
1
1,512,410
1,010,635
113,134
1,962
1,240
1,844
1,400
13,376
10,353
18,270
18,157
17,382
1,821
1,070
197
1,181
1,783
19,191
15,455
11,972
1,375
12,254
16,389
1,461
109,601
142,627
114,967
142,627
114,967
1,138,715
118,786
10,111
12.6
12.6
106,427
11,352
10,550
136,519
125,405
116,110
15,526
16,889
176,842
135,145
17,756
123,287
101,388
1,074
18,116
17,925
12,788
1,903
1,802
1,248
154,476
125,716
149,274
120,626
1,844
1,131
147
19,028
18,760
126,942
143,327
1,295
13,776
10,341
12,893
1,302
128,770
13,376
10,353
10,516
1,216
1,624
10,341
111,483
115
149.9
149.9
1,225
117,347
111,728
10,479
1,872
118,786
119,574
118,786
119,574
118,786
111,728
117,374
119,166
11,439
11,371
184,384
191,863
1,285
12.39
14,629
100
14,630
100
12
1,375
10
150,000
11.50
18.00
147
11.50
101.48
142,627
142,627
193,474
193,474
193,761
193,761
109,601
109,601
104,613
104,613
104,903
104,903
1
104,613
1,174
193,474
136
1,091
1,074
1,782
1,782
17,925
160.3
109.06
1.48
1,521,350
143
1,419
1,509
1,058
1.63
1,222,694
155,328
1.84
1.40
184
1,475
19,192
149
1,604
163
1,805
12,000
13,000
12,000
13,000
12,788
1,174
193,474
1,489
13,247
113,134
1,489
10,483
113,134
1,048,846
1,654,338
14
14
1,371,685
14,963,495
1,687,500
1,687,500
1,687,500
1,687,500
17,678,832
19,950
1,566
1,699
1,769
10,111
125.0
12.6
12,595
We found 124 numbers that start with the digit 2. Here they are:
24,925
27,019
22
2,281
2,607
287
290
24,523
266,414
209,966
23,724
27,508
2,455
2,351
236
2,766
293
2,717
24,720
24,720
27,240
2,717
2,717
24,523
2,303
2,303
24,523
21,752
25,614
21,752
2,248
24,169
22,442
2,004
2,277
237
22,960
2,340
20,289
25,289
27,366
25,000
26,778
26,203
252,097
23,458
27,458
28,716
29,134
2,146
2,643
266,414
2,849
265
237
2
2,260
252
22
221
29
2,849
210
28,429
23,108
21,051
21,051
231
2.90
29,911
2,973
28,429
23,108
285
27,600,000
2
2.00
287
287
290
290
290
287
25,944
2,144
24,423
2,550
2,602
2,770
2,929
2,008
22,032
2.99
2.99
2.08
26,453,972
26,453,972
24,320,639
267
25,489
256
2,463
2.79
2.48
2.34
2.65
2,397,804
2.71
26
26
22
2,303
25,000
2,764
2.00
2,764
27,140,157
28,998,642
2,646,585
212
2.4
2.6
21,559
23,590
We found 162 numbers that start with the digit 3. Here they are:
328,182,834
36,572
330,153
34,396
33,984
30,003
325,453,729
324,831,634
323,766,229
323,144,134
33
33
38,194
358,112
387,895
331,117
33,612
34,113
32,291
36
33,462
3,695
310
356
36
36
323,755,691
320,545,388
323,611,063
317,153,113
323,755,691
367,031,181
323,611,063
317,153,113
3,862
32,086
32,086
323,666,611
33
356,130
323,766,229
33
358,112
323,144,134
33
38,194
387,895
323,766,229
33
358,112
315,510,447
32
33,225
322,127,798
33
315,006,942
32
30,391
30,391
3,862
3,862
322,127,798
33
30,289
3,032
38,176
3,287
3,736
31,824
33,026
358,112
302,638
30,092
36,215
38,810
39,266
33,247
34,085
331,117
3,090
347
307
3,832
3,832
39,388
33,009
3,032
3,039
36,734
34,184
33,107
35,217
3,038
3,970
38,770
35,454
38,770
35,454
38,770
33,107
31.2
364
31,824
3,801
34,396
335
33,984
30,003
300
3
3.85
3.67
36,594
36,594
3
347
383
3,397
3.57
32,701,399
300,000
3.57
33,334
32,876,682
3.18
31,355,332
31,355,332
30,088,665
3,176
3,290,953
358
3,423,305
3,903,118
3,598,606
3.07
3,390
3,392
30,311
3.75
3.85
3.71
323,755,691
320,545,388
323,611,063
317,153,113
323,755,691
367,031,181
323,611,063
317,153,113
36
36
31,431,068
31,812,977
3,950,517
3,753,591
33,937,000
33,937,000
33,937,000
30,946,124
3.5
36
36
4's 5's 6's
We found 79 numbers that start with the digit 4. Here they are:
445,265
428,026
478,189
43,678
41,693
43,157
41,062
46,412
4,963
44
48,140
4,290
44,798
45,757
45,757
45,757
45,757
45,757
454,988
486,088
486,088
45,757
412
4,724
4,144
4,225
46,882
46,635
4,598
43,249
44,140
48,140
4,190
4,208
4,679
4,571
4,724
43,249
45,983
48,163
4,511
4,864
4,024
400
4,390
4.85
443
41,062
41,693
43,157
41,693
43,157
43,888
41,693
45
4,107
4.04
4.58
4.52
4.58
4.58
4.91
4.73
4.60
4.80
4.80
4.89
4.29
4,319
472
455
47
45,757
45,757
43,782,609
4,950,938
4,999,997
425
44,140
We found 64 numbers that start with the digit 5. Here they are:
51,879
5,202
5,090
524,016
59,797
57,197
51,756
5,678
5
529,961
563,972
59,146
551
564,190
578
581
5
59,486
5,564
525
51,879
51,382
59,408
51,879
59,486
54,700
589
59,479
5,864
5,378
5,042
5,202
5,090
5,090
531
5,202
5,202
5,462
56,136
55,571
5,555
5,610
5
5,500,000
51,879
51,879
5.1
5
5.80
5.72
5.72
5,906
5,770,564
527
587,553
503,505
5,902
534
50
5,500,000
5,500,000
50,000,000
50,000,000
5,681
We found 53 numbers that start with the digit 6. Here they are:
64,940
655
652
655,495
6,032
6,032
67,776
6,006
611
6,032
6,032
6,032
622,095
6,032
6,032
6,617,351
6,380
6,380
6,032
6,032
6,032
621
6,813
65,965
63,585
60,948
6,570
647
6,074
6,275
6,406
68.7
65
65
65,965
60,991
600
692
66
67
66
6,514,093
6.02
6.11
6.01
6.08
6.08
6.14
641
60
6,309
66
6.8
7's 8's 9's
We found 47 numbers that start with the digit 7. Here they are:
73,007
7,579
70,666
750,000,000
750,000,000
76,875
78,032
7,757
75,466
7,186
7,709
792
750
739
754
754
7,120,856
779
779
792
7,568
7,490
7,679
70,050
70,373
7,706
77,907
7,340
7,709
792
74,905
7,399
755
79,153
70,050
70,373
741
70,666
73,007
73,007
79
79,909
777,206
771
754
76.76
779
We found 28 numbers that start with the digit 8. Here they are:
84,390
88,039
8,116
8,157
84
897,501
810
8,157
88,039
869
88,189
84,390
84,390
89,190
81,809
883
8,157
8,952
85,179
8,596
800
8,375
84,390
87,776
837,000
849
883
8
We found 36 numbers that start with the digit 9. Here they are:
90,748
951,867
98,456
98
98
951,867
91,002
959
99,618
91,002
9,162
9,037
9,830
9,544
90,748
90,748
91,005
992
9,999
9,570
94
98,456
9,337
9,999
9,644
949
94,237
9,781
950,000
90,748
90,748
91,005
9,060
971
9.75
91,005
While the above MVST 10Q Filed 11/10/2025 is interesting in isolation, we have found that it is also useful to take a look at older Microvast Holdings Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 11/10/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical MVST 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

31.7
14.3
18.7
9.1
7.4
6.1
5.4
3.2
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 868

= Typical MVST range from 6/1/2021 to 11/10/2025
30.1
15.7
15.8
8.8
8.1
7.4
5.3
3.9
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 1,152

= Typical MVST range from 6/1/2021 to 11/10/2025
27.0
17.3
15.2
13.3
7.3
9.0
2.5
6.0
2.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 71
XBRL?   [ original filing ]
Total numbers found: 600

= Typical MVST range from 6/1/2021 to 11/10/2025
28.0
15.5
15.6
8.8
9.1
8.8
4.8
5.7
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 793

= Typical MVST range from 6/1/2021 to 11/10/2025
30.7
13.3
13.7
10.6
9.4
7.8
5.3
5.4
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 811

= Typical MVST range from 6/1/2021 to 11/10/2025
27.8
18.6
12.5
12.2
8.4
5.3
4.6
7.6
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL?   [ original filing ]
Total numbers found: 263

= Typical MVST range from 6/1/2021 to 11/10/2025
32.8
12.0
17.1
10.8
7.3
5.7
5.9
4.4
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 825

= Typical MVST range from 6/1/2021 to 11/10/2025
26.9
16.7
16.9
8.9
7.5
8.9
3.8
6.0
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 862

= Typical MVST range from 6/1/2021 to 11/10/2025
29.5
16.7
13.6
8.6
9.2
9.4
4.8
4.5
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 1,212

= Typical MVST range from 6/1/2021 to 11/10/2025
26.5
17.7
14.6
13.3
6.1
9.9
4.0
5.2
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 71
XBRL?   [ original filing ]
Total numbers found: 577

= Typical MVST range from 6/1/2021 to 11/10/2025
23.3
17.8
12.6
11.2
7.8
11.4
4.7
6.0
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 64
XBRL?   [ original filing ]
Total numbers found: 730

= Typical MVST range from 6/1/2021 to 11/10/2025
28.3
12.7
16.3
10.7
8.9
10.0
4.4
4.3
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL?   [ original filing ]
Total numbers found: 608

= Typical MVST range from 6/1/2021 to 11/10/2025
29.9
13.9
15.5
10.5
7.6
9.4
5.2
4.3
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 832

= Typical MVST range from 6/1/2021 to 11/10/2025
27.7
15.4
17.0
8.9
8.8
8.5
4.0
6.7
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 816

= Typical MVST range from 6/1/2021 to 11/10/2025
30.8
16.6
14.4
7.2
8.8
8.0
4.4
5.3
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 1,178

= Typical MVST range from 6/1/2021 to 11/10/2025
26.5
16.1
12.0
12.6
9.7
9.1
5.2
4.3
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 517

= Typical MVST range from 6/1/2021 to 11/10/2025
 

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