Microvast Holdings, Inc. (THCB) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18
	10-K	10-K	10-K	10-K	S-1/A
Assets
Cash and equivalents	231.4	480.9	0.1	0.1	0.0
Short-term investments	25.1
Accounts receivable, net	119.3	88.7
Inventories	84.3	53.4
Other current assets	85.0	83.5	0.0	0.3	0.0
Total current assets	545.1	706.6	0.2	0.4	0.0
Property, plant, and equipment, net	335.1	253.1
Intangibles	1.6	1.9
Long-term investments			282.3	280.1
Other fixed assets	73.6	19.7
Total assets	985.0	995.3	282.4	280.5	0.1

Accounts payable	45.0	40.4
Accrued expenses	69.4	61.2
Short-term debt	85.8	74.3	0.0	0.0	0.0
Short-term debt	85.8	74.3
Other current liabilities	52.2	-0.3	0.6	0.3	0.1
Total current liabilities	252.4	175.6	0.6	0.3	0.1
Long-term debt	29.0		0.2
Other liabilities	90.6	133.0	4.2	0.4
Total liabilities	372.0	308.6	5.1	0.7	0.1

Shareholders' equity [+]	613.0	686.7	277.3	279.8	0.0
Paid-in capital	1,416.2	1,306.0	4.0	1.6	0.0
Retained earnings	-791.2	-632.1	1.0	3.4	0.0
Tangible shareholders' equity	611.3	684.8	277.3	279.8	0.0