MAGNACHIP SEMICONDUCTOR Corp MX
We are a designer and manufacturer of analog and mixed-signal power semiconductor platform solutions for various applications, including industrial, automotive, communication, consumer and computing. We have a proven record with approximately 45 years of operating history, a portfolio of more than 950 registered patents and pending applications and extensive engineering and manufacturing process expertise. We develop and manufacture Power discrete ("Power Analog Solutions") products and Power integrated circuit ("IC") products. Power Analog Solutions products include metal oxide semiconductor field effect transistors ("MOSFETs") and insulated-gate bipolar transistors ("IGBTs") for a range of devices, including televisions, smartphones, mobile phones, wearable devices, desktop personal computers ("PCs"), notebook PCs, tablet PCs, servers, other consumer electronics, as well as automotive and industrial applications such as power suppliers, e-bikes, solar inverters, LED lighting and motor drives. Power IC products include AC-DC/DC-DC converters, LED drivers, regulators, power management integrated circuits ("PMICs") and level shifter for a range of devices, including televisions, wearable devices, notebooks, tablet PCs and others consumer electronics, as well as automotive applications.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by segment
- Standard products business - Korea
- Standard products business - Asia Pacific (Other Than Korea)
- Standard products business - United States
- Standard products business - Europe
| Segment | FY2025 |
|---|---|
| Standard products business - Korea | $88.0M |
| Standard products business - Asia Pacific (Other Than Korea) | $82.0M |
| Standard products business - United States | $5.0M |
| Standard products business - Europe | $3.9M |
As the company reported it, from the “Geographic and Other Information - Net Sales by Region, Based on Location of Products are Billed (Detail)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $178.9M | $196.4M | $230.1M | $337.7M | $474.2M | $507.1M | $520.7M | $465.4M | $679.7M | $688.0M |
| Cost of revenue | $147.5M | $157.7M | $178.4M | $236.4M | $320.7M | $378.7M | $404.3M | $349.8M | $491.8M | $531.7M |
| Gross profit | $31.4M | $38.7M | $51.6M | $101.3M | $153.5M | $128.3M | $116.4M | $115.6M | $187.9M | $156.2M |
| R&D | $27.3M | $25.0M | $51.6M | $52.3M | $51.2M | $45.7M | $45.0M | $46.0M | $70.5M | $72.2M |
| SG&A | $35.1M | $38.1M | $48.5M | $50.9M | $52.4M | $50.0M | $47.6M | $47.7M | $81.8M | $83.5M |
| Total operating expenses | $67.3M | $64.7M | $109.3M | $106.5M | $70.1M | $101.3M | $92.7M | $93.8M | $148.7M | $153.5M |
| Operating income | -$35.9M | -$26.0M | -$57.6M | -$5.2M | $83.4M | $27.0M | $23.7M | $21.9M | $39.2M | $2.7M |
| Pre-tax income | -$32.1M | -$35.5M | -$47.6M | -$2.9M | $74.0M | $10.8M | -$18.2M | -$26.9M | $86.1M | -$25.9M |
| Income tax | $17.9M | $8.2M | $10.9M | $5.2M | $17.3M | $46.2M | $2.2M | $1.1M | $1.2M | $3.7M |
| Net income | -$29.7M | -$54.3M | -$36.6M | -$8.0M | $56.7M | $345.0M | -$21.8M | -$3.9M | $84.9M | -$29.6M |
| EPS, basic | -0.82 | -1.44 | -0.89 | -0.18 | 1.26 | 9.80 | -0.64 | -0.11 | 2.50 | -0.85 |
| EPS, diluted | -0.82 | -1.44 | -0.89 | -0.18 | 1.21 | 7.54 | -0.64 | -0.11 | 2.02 | -0.85 |
| Shares, diluted (wtd. avg.) | 36.2M | 37.8M | 41.0M | 44.9M | 47.7M | 46.5M | 34.3M | 34.5M | 44.8M | 34.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $103.8M | $138.6M | $158.1M | $225.5M | $279.5M | $279.9M | $151.7M | $132.4M | $128.6M | $101.6M |
| Receivables | $26.0M | $28.4M | $32.6M | $35.4M | $51.0M | $64.4M | $47.4M | $80.0M | $92.0M | $61.8M |
| Inventory | $34.2M | $30.5M | $32.7M | $39.9M | $39.4M | $39.0M | $41.4M | $71.6M | $29.8M | $57.0M |
| Total current assets | $176.9M | $219.2M | $245.4M | $337.9M | $409.1M | $409.6M | $379.4M | $352.7M | $330.3M | $242.7M |
| Property, plant and equipment | $100.2M | $81.5M | $100.1M | $110.7M | $107.9M | $96.4M | $73.1M | $202.2M | $205.9M | $179.8M |
| Other intangibles | $454.0K | $507.0K | $1.5M | $1.9M | $2.4M | $2.7M | $2.8M | $4.0M | $4.1M | $3.1M |
| Total assets | $351.5M | $379.3M | $420.5M | $516.6M | $583.7M | $571.7M | $595.3M | $583.2M | $558.8M | $442.0M |
| Short-term debt | — | — | — | — | — | $83.5M | — | — | — | — |
| Total current liabilities | $43.4M | $46.3M | $46.9M | $47.2M | $85.5M | $173.6M | $133.8M | $132.7M | $138.1M | $153.4M |
| Long-term debt | $44.6M | $27.2M | $0 | — | — | $83.5M | $304.7M | $303.6M | $303.4M | $221.1M |
| Total liabilities | $103.3M | $102.5M | $75.9M | $88.5M | $130.9M | $226.1M | $610.3M | $600.5M | $598.4M | $514.1M |
| Retained earnings | $214.9M | $244.6M | $298.9M | $335.5M | $343.5M | $286.8M | -$58.1M | $8.5M | -$40.9M | -$125.8M |
| Total equity | $248.2M | $276.8M | $344.6M | $428.2M | $452.8M | $345.6M | -$15.0M | -$17.3M | -$39.6M | -$72.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$24.2M | -$6.1M | -$3.0M | $5.2M | $87.7M | $7.5M | $50.5M | $39.2M | -$20.3M | $9.4M |
| Depreciation and amortisation | $13.0M | $16.2M | $16.7M | $15.0M | $14.2M | $16.5M | $32.7M | $32.0M | $28.1M | $25.4M |
| Stock-based compensation | $2.2M | $6.2M | $7.2M | $6.0M | $7.7M | $6.7M | $7.0M | $4.4M | $2.3M | $3.8M |
| Capital expenditure | $30.0M | $11.6M | $7.0M | $23.4M | $32.2M | $36.1M | $23.0M | $28.9M | $32.7M | $18.7M |
| Investing cash flow | -$24.4M | -$11.7M | -$7.7M | -$24.9M | -$31.4M | $318.5M | -$28.9M | -$33.3M | -$35.4M | $1.0M |
| Financing cash flow | $12.0M | $16.6M | -$52.3M | -$12.7M | -$35.5M | -$222.3M | -$1.8M | $1.3M | $72.7M | $1.7M |
| Dividends paid | $0 | $0 | $0 | — | — | — | — | — | — | — |
| Buybacks | $4.4M | $12.9M | $51.8M | $14.0M | $1.7M | $1.1M | $2.7M | $1.6M | $11.4M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-197484.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $688.0M | $679.7M | $465.4M | $520.7M | $507.1M | $474.2M | $337.7M | $230.1M | $196.4M | $178.9M |
| Gross profit | $156.2M | $187.9M | $115.6M | $116.4M | $128.3M | $153.5M | $101.3M | $51.6M | $38.7M | $31.4M |
| Net income | -$29.6M | $84.9M | -$3.9M | -$21.8M | $345.0M | $56.7M | -$8.0M | -$36.6M | -$54.3M | -$29.7M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Officer or director change Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Officer or director change Item 5.02
- Regulation FD disclosure Item 7.01
- Officer or director change Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 3674
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