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Himax Technologies Inc

Technology US HIMX

5.195USD
-0.035(0.67%)

Last update at 2024-11-20T20:49:00Z

Day Range

5.145.25
LowHigh

52 Week Range

4.807.66
LowHigh

Fundamentals

  • Previous Close 5.23
  • Market Cap1126.97M
  • Volume538625
  • P/E Ratio23.04
  • Dividend Yield4.50%
  • EBITDA51.48M
  • Revenue TTM908.77M
  • Revenue Per Share TTM5.21
  • Gross Profit TTM 487.11M
  • Diluted EPS TTM0.28

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 276.56M 544.59M 56.87M -15.76800M 7.02M
Minority interest 1.51M 2.96M 5.02M -1.74300M -4.26100M
Net income 236.98M 436.90M 47.13M -16.18400M 8.57M
Selling general administrative 28.50M 29.28M 23.91M 23.67M 21.82M
Selling and marketing expenses 25.46M 22.89M 16.68M 17.70M 20.67M
Gross profit 487.11M 748.58M 220.78M 137.92M 168.91M
Reconciled depreciation 21.34M 21.34M 23.60M 24.40M 20.33M
Ebit 257.59M 545.02M 57.93M -16.64300M 6.58M
Ebitda 293.94M 566.20M 82.03M 7.76M 26.91M
Depreciation and amortization 36.35M 21.18M 24.10M 24.40M 20.33M
Non operating income net other - - - - -
Operating income 257.59M 545.02M 57.93M -16.64300M 3.38M
Other operating expenses 943.75M 1002.08M 829.36M 690.14M 720.22M
Interest expense 2.78M 1.07M 1.71M 2.33M 1.23M
Tax provision 41.10M 110.66M 11.71M 0.42M 0.99M
Interest income 4.81M 0.88M 0.97M 2.01M 2.43M
Net interest income 2.03M -0.19800M -0.73800M -0.31200M 1.20M
Extraordinary items - - - - 1.20M
Non recurring - - - - -
Other items - - - - -
Income tax expense 41.10M 110.66M 11.71M 0.42M 0.99M
Total revenue 1201.34M 1547.10M 887.28M 671.84M 723.61M
Total operating expenses 229.52M 203.56M 162.85M 156.23M 165.53M
Cost of revenue 714.23M 798.52M 666.50M 533.92M 554.69M
Total other income expense net 18.98M -0.42900M -1.05400M 0.88M 2.44M
Discontinued operations - - - - -
Net income from continuing ops 235.47M 433.94M 45.16M -16.18400M 6.03M
Net income applicable to common shares 236.98M 436.90M 47.13M -13.61400M 8.57M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 1643.23M 1701.76M 1603.19M 909.82M 818.48M
Intangible assets 0.82M 1.09M 6.62M 7.88M 8.75M
Earning assets - - - - -
Other current assets 86.54M 104.28M 64.28M 35.37M 18.56M
Total liab 779.62M 807.94M 731.21M 424.62M 387.24M
Total stockholder equity 856.68M 892.57M 869.72M 480.18M 432.99M
Deferred long term liab - - - - -
Other current liab 120.06M 147.49M 157.74M 62.15M 40.11M
Common stock 107.00M 107.01M 107.01M 107.01M 107.01M
Capital stock 107.01M 107.01M 107.01M 107.01M 107.01M
Retained earnings 640.38M 679.12M 660.30M 272.94M 230.54M
Other liab - 73.44M 83.49M 12.49M 3.56M
Good will 28.14M 28.14M 28.14M 28.14M 28.14M
Other assets 0.00000M 187.42M 224.98M 29.48M 20.60M
Cash 644.68M 221.58M 336.02M 184.94M 101.06M
Cash and equivalents - - - - -
Total current liabilities 708.73M 694.00M 601.23M 352.24M 380.89M
Current deferred revenue 17.75M 49.17M 37.66M 6.62M 5.12M
Net debt -139.85452M 194.22M -132.12400M -22.43800M 120.28M
Short term debt 463.59M 375.30M 157.40M 110.00M 221.34M
Short long term debt 459.00M 375.30M 157.40M 110.00M 221.34M
Short long term debt total 504.83M 415.80M 203.90M 162.50M 221.34M
Other stockholder equity 109.48M 106.66M 103.08M 100.78M 96.39M
Property plant equipment - 126.14M 133.24M 131.22M 138.37M
Total current assets 1200.46M 1336.81M 1192.84M 694.41M 604.67M
Long term investments 26.77M 22.16M 17.38M 18.69M 17.95M
Net tangible assets - 863.34M 834.97M 444.16M 396.10M
Short term investments 14.63M 8.31M 28.36M 16.48M 11.05M
Net receivables 237.33M 262.40M 411.48M 244.92M 166.23M
Long term debt 34.50M 40.50M 46.50M 52.50M -
Inventory 217.29M 370.93M 198.60M 108.71M 143.77M
Accounts payable 107.33M 122.04M 248.43M 173.47M 114.32M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -0.17998M -0.21800M -0.66600M -0.54800M -0.95200M
Additional paid in capital - - - - -
Common stock total equity - - - 107.01M 107.01M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -8.76400M
Accumulated amortization - - - - -
Non currrent assets other 242.72M 175.62M 217.79M 12.89M 5.60M
Deferred long term asset charges - - - - -
Non current assets total 442.77M 364.95M 410.35M 215.41M 213.81M
Capital lease obligations 4.64M 4.22M 4.60M 3.07M -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 15.00M -12.07400M -5.52900M -47.76700M -38.26600M
Change to liabilities -123.58700M 116.22M 62.05M -36.18000M 10.57M
Total cashflows from investing activities 15.00M -232.68000M -22.36500M -47.76700M -38.26600M
Net borrowings 207.61M 36.73M -61.32600M 35.26M 37.00M
Total cash from financing activities -211.06800M -4.48700M 3.26M 35.26M 2.80M
Change to operating activities 16.82M -19.00200M 3.96M -0.42000M 0.25M
Net income 235.47M 433.94M 45.16M -16.18400M 6.03M
Change in cash -114.44300M 151.09M 83.88M -5.38200M -31.58600M
Begin period cash flow 336.02M 184.94M 101.06M 106.44M 138.02M
End period cash flow 221.58M 336.02M 184.94M 101.06M 106.44M
Total cash from operating activities 82.91M 388.28M 102.61M 7.66M 4.01M
Issuance of capital stock 0.49M - - - -
Depreciation 21.34M 21.34M 23.60M 24.40M 20.33M
Other cashflows from investing activities -3.44400M -215.65100M -14.00000M -0.91800M -2.86600M
Dividends paid -217.87300M -47.42400M -0.00400M 0.00400M 17.21M
Change to inventory -194.54400M -99.34100M 24.77M -6.66000M -45.08500M
Change to account receivables 146.87M -166.39500M -78.29700M 23.99M -0.79400M
Sale purchase of stock - - - - 0.01M
Other cashflows from financing activities 1051.41M 632.80M 610.73M 402.22M 114.01M
Change to netincome -20.97700M 98.56M 19.39M 16.14M 10.17M
Capital expenditures 12.13M 8.03M 5.87M 46.07M 50.60M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -154.43900M -168.52200M 12.48M -19.26800M -35.05900M
Stock based compensation 3.10M 0.70M 0.76M 0.46M 0.41M
Other non cash items -63.65600M -9.83600M 8.89M 17.84M 11.31M
Free cash flow 70.78M 380.25M 96.74M -38.41800M -46.58800M

Peer Comparison

Sector: Technology Industry: Semiconductors

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
HIMX
Himax Technologies Inc
-0.035 0.67% 5.20 23.04 9.84 0.97 1.07 1.28 17.08
NVDA
NVIDIA Corporation
-1.695 1.15% 145.31 62.11 36.76 36.43 51.65 36.19 61.96
AVGO
Broadcom Inc
-2.74 1.66% 162.61 52.53 28.65 16.03 8.86 17.67 34.54
TSM
Taiwan Semiconductor Manufacturing
-2.845 1.50% 186.82 19.45 15.92 0.24 4.85 0.22 0.30
AMD
Advanced Micro Devices Inc
-2.33 1.67% 137.06 244.65 48.78 11.64 4.72 11.51 62.93

Reports Covered

Stock Research & News

Profile

Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, and other products. The company also provides automotive IC solutions, including traditional driver ICs; advanced in-cell touch and display driver integration; large touch and display driver integration; and local dimming timing controllers, as well as active matrix organic light-emitting diode (AMOLED) solutions, including AMOLED drivers, timing controllers, and touch controller ICs. In addition, it offers application specific IC services; liquid crystal on silicon and micro-electro mechanical system products; Power ICs; complementary metal oxide semiconductor image sensor products; wafer level optics products; 3D sensing products; and ultralow power WiseEye smart image sensing products. The company markets its display drivers to panel manufacturers, mobile device module manufacturers, and manufacturers of end-use products. Himax Technologies, Inc. was incorporated in 2001 and is headquartered in Tainan City, Taiwan.

Himax Technologies Inc

No.26, Zilian Road, Tainan City, Taiwan, 744092

Key Executives

Name Title Year Born
Mr. Jordan Wu Founder, CEO, Pres & Director 1961
Ms. Ming-Feng Pan Chief Financial Officer 1970
Mr. Tzung-I Li Chief of IR/PR Officer & Spokesperson 1964
Dr. Biing-Seng Wu Founder & Chairman 1958
Mr. Chang Tsai Hsien VP of Sales & Operations NA
Mr. Greg Falesnik Managing Director of Investor Relations - US Representative NA
Mr. Jordan Wu Co-Founder, President, CEO & Director 1961
Mr. Tzung-I Li Chief of IR/PR Officer & Spokesperson 1963
Dr. Biing-Seng Wu Founder & Chairman of the Board 1958
Mr. Chang Tsai Hsien Vice President of Sales & Operations 1971

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