Himax Technologies, Inc. - Understand $himx stock

$HIMX Market Cap: $1.055 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$897.3M

TTM

Gross Margin

30.37%

TTM

Net Earnings

$78.71M

TTM

Current Assets

$1.171B

Q3 2024

Current Liabilities

$713.8M

Q3 2024

Current Ratio

164.03%

Q3 2024

Total Assets

$1.628B

Q3 2024

Total Liabilities

$762.3M

Q3 2024

Book Value

$865.7M

Q3 2024

Cash

$194.1M

Q3 2024

P/E

13.41

Nov 29, 2024 EST

Free Cash Flow

$124.2M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$945.4M	$1.201B	$1.547B	$887.3M	$671.8M	$723.6M	$685.2M	$802.9M	$691.8M	$840.5M	$770.7M	$737.3M	$633.0M	$642.7M	$692.4M	$832.8M	$918.2M	$744.5M	$540.2M	$300.3M	$131.8M
YoY Change	-21.3%	-22.35%	74.36%	32.08%	-7.16%	5.6%	-14.66%	16.06%	-17.69%	9.06%	4.53%	16.48%	-1.51%	-7.18%	-16.86%	-9.3%	23.33%	37.82%	79.89%	127.85%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$945.4M	$1.201B	$1.547B	$887.3M	$671.8M	$723.6M	$685.2M	$802.9M	$691.8M	$840.5M	$770.7M	$737.3M	$633.0M	$642.7M	$692.4M	$832.8M	$918.2M	$744.5M	$540.2M	$300.3M	$131.8M
Cost Of Revenue	$681.9M	$714.2M	$798.5M	$666.5M	$533.9M	$554.7M	$518.1M	$608.6M	$528.7M	$634.7M	$578.9M	$566.7M	$507.4M	$507.6M	$550.6M	$628.7M	$716.2M	$601.6M	$419.4M	$236.0M	$100.1M
Gross Profit	$263.5M	$487.1M	$748.6M	$220.8M	$137.9M	$168.9M	$167.0M	$194.3M	$163.1M	$205.9M	$191.9M	$170.6M	$125.6M	$135.0M	$141.8M	$204.1M	$202.0M	$143.0M	$120.8M	$64.30M	$31.70M
Gross Profit Margin	27.87%	40.55%	48.39%	24.88%	20.53%	23.34%	24.37%	24.2%	23.58%	24.5%	24.9%	23.14%	19.84%	21.01%	20.48%	24.51%	22.0%	19.21%	22.36%	21.41%	24.05%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Selling, General & Admin	$48.89M	$53.96M	$52.17M	$40.60M	$41.40M	$42.50M	$41.00M	$39.30M	$38.00M	$41.30M	$37.10M	$32.60M	$28.80M	$23.30M	$26.90M	$56.40M	$24.20M	$16.70M	$11.50M	$7.400M	$7.300M
YoY Change	-9.39%	3.43%	28.5%	-1.93%	-2.59%	3.66%	4.33%	3.42%	-7.99%	11.32%	13.8%	13.19%	23.61%	-13.38%	-52.3%	133.06%	44.91%	45.22%	55.41%	1.37%
% of Gross Profit	18.56%	11.08%	6.97%	18.39%	30.02%	25.16%	24.55%	20.23%	23.3%	20.06%	19.33%	19.11%	22.93%	17.26%	18.97%	27.63%	11.98%	11.68%	9.52%	11.51%	23.03%
Research & Development	$171.4M	$174.7M	$151.4M	$122.3M	$114.9M	$123.0M	$117.7M	$94.80M	$94.40M	$91.80M	$80.40M	$70.90M	$78.00M	$76.40M	$71.40M	$87.60M	$73.90M	$60.70M	$41.30M	$24.00M	$21.10M
YoY Change	-1.88%	15.38%	23.78%	6.44%	-6.59%	4.5%	24.16%	0.42%	2.83%	14.18%	13.4%	-9.1%	2.09%	7.0%	-18.49%	18.54%	21.75%	46.97%	72.08%	13.74%
% of Gross Profit	65.05%	35.86%	20.22%	55.39%	83.32%	72.82%	70.48%	48.79%	57.88%	44.58%	41.9%	41.56%	62.1%	56.59%	50.35%	42.92%	36.58%	42.45%	34.19%	37.33%	66.56%
Depreciation & Amortization	$20.32M	$21.34M	$21.34M	$23.60M	$24.40M	$20.30M	$16.70M	$13.80M	$14.20M	$14.60M	$14.30M	$13.30M	$12.80M	$13.60M	$13.80M	$12.30M	$10.30M	$5.200M	$3.600M	$2.800M	$1.200M
YoY Change	-4.78%	0.0%	-9.57%	-3.28%	20.2%	21.56%	21.01%	-2.82%	-2.74%	2.1%	7.52%	3.91%	-5.88%	-1.45%	12.2%	19.42%	98.08%	44.44%	28.57%	133.33%
% of Gross Profit	7.71%	4.38%	2.85%	10.69%	17.69%	12.02%	10.0%	7.1%	8.71%	7.09%	7.45%	7.8%	10.19%	10.07%	9.73%	6.03%	5.1%	3.64%	2.98%	4.35%	3.79%
Operating Expenses	$220.3M	$228.6M	$203.6M	$162.9M	$156.2M	$165.5M	$158.7M	$134.1M	$132.4M	$133.1M	$117.5M	$103.5M	$106.8M	$99.70M	$98.20M	$143.9M	$98.10M	$77.40M	$52.80M	$31.40M	$28.40M
YoY Change	-3.65%	12.32%	24.96%	4.29%	-5.62%	4.28%	18.34%	1.28%	-0.53%	13.28%	13.53%	-3.09%	7.12%	1.53%	-31.76%	46.69%	26.74%	46.59%	68.15%	10.56%
Operating Profit	$43.21M	$258.5M	$545.0M	$57.90M	-$18.30M	$3.400M	$8.300M	$60.20M	$30.70M	$72.80M	$74.40M	$67.10M	$18.80M	$35.30M	$43.60M	$60.20M	$103.9M	$65.60M	$68.00M	$32.90M	$3.300M
YoY Change	-83.28%	-52.58%	841.31%	-416.39%	-638.24%	-59.04%	-86.21%	96.09%	-57.83%	-2.15%	10.88%	256.91%	-46.74%	-19.04%	-27.57%	-42.06%	58.38%	-3.53%	106.69%	896.97%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Interest Expense	$2.955M	$8.039M	-$778.0K	-$1.200M	$2.400M	$1.800M	$21.70M	$200.0K	$2.000M	$12.90M	$800.0K	$0.00	$600.0K	-$600.0K	$100.0K	$3.400M	$5.200M	$5.300M	$2.400M	$1.300M	-$600.0K
YoY Change	-63.24%	-1133.29%	-35.17%	-150.0%	33.33%	-91.71%	10750.0%	-90.0%	-84.5%	1512.5%		-100.0%	-200.0%	-700.0%	-97.06%	-34.62%	-1.89%	120.83%	84.62%	-316.67%
% of Operating Profit	6.84%	3.11%	-0.14%	-2.07%		52.94%	261.45%	0.33%	6.51%	17.72%	1.08%	0.0%	3.19%	-1.7%	0.23%	5.65%	5.0%	8.08%	3.53%	3.95%	-18.18%
Other Income/Expense, Net	-$1.774M	$10.94M	$349.0K	$200.0K	$100.0K	$1.900M	$0.00	$0.00	$100.0K	$100.0K	$300.0K	$100.0K	-$400.0K	$500.0K	$100.0K	$500.0K	$500.0K	$200.0K	$0.00	$0.00	$0.00
YoY Change	-116.22%	3034.38%	74.5%	100.0%	-94.74%			-100.0%	0.0%	-66.67%	200.0%	-125.0%	-180.0%	400.0%	-80.0%	0.0%	150.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Pretax Income	$44.39M	$276.6M	$544.6M	$56.90M	-$15.80M	$7.000M	$30.10M	$59.40M	$32.90M	$85.50M	$75.40M	$65.90M	$16.80M	$35.30M	$43.70M	$64.00M	$109.6M	$69.50M	$70.30M	$34.20M	$2.800M
YoY Change	-83.95%	-49.22%	857.1%	-460.13%	-325.71%	-76.74%	-49.33%	80.55%	-61.52%	13.4%	14.42%	292.26%	-52.41%	-19.22%	-31.72%	-41.61%	57.7%	-1.14%	105.56%	1121.43%
Income Tax	-$5.028M	$41.10M	$110.7M	$11.70M	$400.0K	$2.200M	$4.600M	$10.70M	$11.40M	$21.60M	$19.50M	$15.70M	$7.300M	$6.200M	$7.900M	-$8.700M	-$1.900M	-$5.400M	$8.900M	-$1.800M	$3.300M
% Of Pretax Income	-11.33%	14.86%	20.32%	20.56%		31.43%	15.28%	18.01%	34.65%	25.26%	25.86%	23.82%	43.45%	17.56%	18.08%	-13.59%	-1.73%	-7.77%	12.66%	-5.26%	117.86%
Net Earnings	$50.62M	$237.0M	$436.9M	$47.10M	-$13.60M	$8.600M	$27.70M	$50.90M	$25.20M	$66.60M	$61.50M	$51.60M	$10.70M	$33.20M	$39.70M	$76.40M	$112.6M	$75.20M	$61.60M	$36.00M	-$600.0K
YoY Change	-78.64%	-45.76%	827.59%	-446.32%	-258.14%	-68.95%	-45.58%	101.98%	-62.16%	8.29%	19.19%	382.24%	-67.77%	-16.37%	-48.04%	-32.15%	49.73%	22.08%	71.11%	-6100.0%
Net Earnings / Revenue	5.35%	19.73%	28.24%	5.31%	-2.02%	1.19%	4.04%	6.34%	3.64%	7.92%	7.98%	7.0%	1.69%	5.17%	5.73%	9.17%	12.26%	10.1%	11.4%	11.99%	-0.46%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.15	$0.68	$1.249M	$135.8K	-$39.41K	$24.93K	$80.34K	$147.7K	$73.34K	$193.6K	$179.0K	$151.1K	$30.24K	$93.34K	$107.2K	$199.1K	$285.1K	$385.4K	$340.9K	$207.7K	-$5.146K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Cash & Short-Term Investments	$204.3M	$229.9M	$364.4M	$201.4M	$112.1M	$117.7M	$148.9M	$194.6M	$148.3M	$187.8M	$128.1M	$138.9M	$106.3M	$105.5M	$121.7M	$149.1M	$110.0M	$118.6M	$11.10M	$13.40M
YoY Change	-11.15%	-36.91%	80.92%	79.66%	-4.76%	-20.95%	-23.48%	31.22%	-21.03%	46.6%	-7.78%	30.67%	0.76%	-13.31%	-18.38%	35.55%	-7.25%	968.47%	-17.16%
Cash & Equivalents	$191.7M	$221.6M	$336.0M	$184.9M	$101.1M	$106.4M	$138.0M	$184.5M	$129.8M	$185.5M	$127.3M	$138.7M	$106.2M	$96.80M	$110.9M	$135.2M	$94.80M	$109.8M	$7.100M	$5.600M
Short-Term Investments	$12.51M	$8.314M	$28.36M	$16.50M	$11.00M	$11.20M	$10.90M	$10.20M	$18.50M	$2.400M	$800.0K	$200.0K	$200.0K	$8.600M	$10.70M	$13.90M	$15.20M	$8.800M	$4.000M	$7.800M
Other Short-Term Assets	$541.7M	$473.6M	$218.4M	$139.4M	$182.6M	$182.1M	$186.4M	$160.5M	$200.9M	$156.2M	$133.5M	$102.5M	$115.3M	$86.30M	$31.70M	$33.10M	$17.00M	$17.20M	$34.10M	$10.80M
YoY Change	14.38%	116.86%	56.66%	-23.66%	0.27%	-2.31%	16.14%	-20.11%	28.62%	17.0%	30.24%	-11.1%	33.6%	172.24%	-4.23%	94.71%	-1.16%	-49.56%	215.74%
Inventory	$217.3M	$370.9M	$198.6M	$108.7M	$143.8M	$162.6M	$135.2M	$149.7M	$171.4M	$166.1M	$177.4M	$116.7M	$113.0M	$118.0M	$67.80M	$96.90M	$116.6M	$101.3M	$105.0M	$54.10M
Prepaid Expenses
Receivables	$235.8M	$261.1M	$410.2M	$243.6M	$164.9M	$189.3M	$188.8M	$191.0M	$177.2M	$219.4M	$200.7M	$209.0M	$181.1M	$176.2M	$202.7M	$155.5M	$283.6M	$229.6M	$149.8M	$66.10M
Other Receivables	$1.523M	$1.255M	$1.271M	$1.300M	$1.300M	$2.800M	$3.300M	$7.100M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$11.20M	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.201B	$1.337B	$1.193B	$694.4M	$604.7M	$654.4M	$662.6M	$703.0M	$697.8M	$729.6M	$639.7M	$567.1M	$515.7M	$485.9M	$423.8M	$434.7M	$538.3M	$466.7M	$300.1M	$144.4M
YoY Change	-10.19%	12.07%	71.78%	14.83%	-7.59%	-1.24%	-5.75%	0.75%	-4.36%	14.05%	12.8%	9.97%	6.13%	14.65%	-2.51%	-19.25%	15.34%	55.51%	107.83%
Property, Plant & Equipment	$130.1M	$126.1M	$133.2M	$132.1M	$138.9M	$111.1M	$84.60M	$48.20M	$54.50M	$57.30M	$60.60M	$52.60M	$57.20M	$47.60M	$51.60M	$55.10M	$46.20M	$38.90M	$24.40M	$11.00M
YoY Change	3.15%	-5.33%	0.86%	-4.9%	25.02%	31.32%	75.52%	-11.56%	-4.89%	-5.45%	15.21%	-8.04%	20.17%	-7.75%	-6.35%	19.26%	18.77%	59.43%	121.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$26.78M	$22.16M	$17.38M	$4.000M	$3.700M	$4.100M	$10.70M	$14.60M	$14.90M	$11.30M	$22.10M	$13.00M	$24.90M	$25.50M	$12.20M	$11.60M	$7.100M	$800.0K	$1.800M	$1.900M
YoY Change	20.81%	27.51%	334.5%	8.11%	-9.76%	-61.68%	-26.71%	-2.01%	31.86%	-48.87%	70.0%	-47.79%	-2.35%	109.02%	5.17%	63.38%	787.5%	-55.56%	-5.26%
Other Assets	$257.0M	$187.4M	$225.0M	$43.30M	$34.20M	$28.20M	$14.20M	$2.600M	$2.900M	$2.400M	$3.600M	$5.600M	$15.80M	$27.10M	$27.10M	$26.40M	$21.60M	$12.00M	$900.0K	$300.0K
YoY Change	37.12%	-16.7%	419.58%	26.61%	21.28%	98.59%	446.15%	-10.34%	20.83%	-33.33%	-35.71%	-64.56%	-41.7%	0.0%	2.65%	22.22%	80.0%	1233.33%	200.0%
Total Long-Term Assets	$442.8M	$365.0M	$410.4M	$215.4M	$213.8M	$182.3M	$140.6M	$96.60M	$104.5M	$103.4M	$119.6M	$107.5M	$129.3M	$133.7M	$126.6M	$130.8M	$114.5M	$52.10M	$27.10M	$13.40M
YoY Change	21.34%	-11.06%	90.51%	0.75%	17.28%	29.66%	45.55%	-7.56%	1.06%	-13.55%	11.26%	-16.86%	-3.29%	5.61%	-3.21%	14.24%	119.77%	92.25%	102.24%
Total Assets	$1.643B	$1.702B	$1.603B	$909.8M	$818.5M	$836.7M	$803.2M	$799.6M	$802.3M	$833.0M	$759.3M	$674.6M	$645.0M	$619.6M	$550.4M	$565.5M	$652.8M	$518.8M	$327.2M	$157.8M
YoY Change
Accounts Payable	$107.3M	$122.0M	$248.4M	$173.5M	$114.3M	$150.5M	$139.9M	$142.8M	$124.4M	$179.3M	$151.3M	$135.5M	$134.4M	$115.9M	$88.10M	$53.70M	$147.2M	$120.4M	$105.8M	$38.60M
YoY Change	-12.05%	-50.87%	43.18%	51.79%	-24.05%	7.58%	-2.03%	14.79%	-30.62%	18.51%	11.66%	0.82%	15.96%	31.56%	64.06%	-63.52%	22.26%	13.8%	174.09%
Accrued Expenses	$26.33M	$22.59M	$18.52M	$10.70M	$9.500M	$10.00M		$28.10M	$33.10M	$24.60M	$27.20M	$22.00M	$20.90M	$22.90M	$17.90M	$17.70M	$19.20M	$21.20M	$14.00M	$10.60M
YoY Change	16.57%	21.99%	73.04%	12.63%	-5.0%			-15.11%	34.55%	-9.56%	23.64%	5.26%	-8.73%	27.93%	1.13%	-7.81%	-9.43%	51.43%	32.08%
Deferred Revenue
YoY Change
Short-Term Debt	$453.0M	$369.3M	$151.4M	$104.0M	$221.3M	$184.0M	$147.0M	$138.0M	$180.0M	$130.0M	$105.5M	$73.00M	$84.20M	$57.00M	$0.00	$0.00	$0.00	$0.00	$27.30M	$0.00
YoY Change	22.66%	143.92%	45.58%	-53.0%	20.27%	25.17%	6.52%	-23.33%	38.46%	23.22%	44.52%	-13.3%	47.72%					-100.0%
Long-Term Debt Due	$6.000M	$6.000M	$6.000M	$6.000M														$0.00	$100.0K	$200.0K
YoY Change	0.0%	0.0%	0.0%															-100.0%	-50.0%
Total Short-Term Liabilities	$708.8M	$694.0M	$601.2M	$352.2M	$380.9M	$391.2M	$343.7M	$324.7M	$352.7M	$355.4M	$303.8M	$242.1M	$245.4M	$205.7M	$120.7M	$90.10M	$185.0M	$153.3M	$160.8M	$52.20M
YoY Change	2.13%	15.43%	70.71%	-7.53%	-2.63%	13.82%	5.85%	-7.94%	-0.76%	16.98%	25.49%	-1.34%	19.3%	70.42%	33.96%	-51.3%	20.68%	-4.66%	208.05%
Long-Term Debt	$34.50M	$40.50M	$46.50M	$52.50M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$100.0K
YoY Change	-14.81%	-12.9%	-11.43%																-100.0%
Other Long-Term Liabilities	$35.88M	$72.75M	$82.52M	$18.70M	$5.000M	$1.500M	$5.800M	$3.000M	$4.500M	$5.500M	$3.100M	$3.900M	$3.700M	$5.700M	$3.500M	$2.200M	$800.0K	$200.0K	$0.00
YoY Change	-50.68%	-11.84%	341.29%	274.0%	233.33%	-74.14%	93.33%	-33.33%	-18.18%	77.42%	-20.51%	5.41%	-35.09%	62.86%	59.09%	175.0%	300.0%
Total Long-Term Liabilities	$70.38M	$113.3M	$129.0M	$71.20M	$5.000M	$1.500M	$5.800M	$3.000M	$4.500M	$5.500M	$3.100M	$3.900M	$3.700M	$5.700M	$3.500M	$2.200M	$800.0K	$200.0K	$0.00	$100.0K
YoY Change	-37.86%	-12.22%	81.21%	1324.0%	233.33%	-74.14%	93.33%	-33.33%	-18.18%	77.42%	-20.51%	5.41%	-35.09%	62.86%	59.09%	175.0%	300.0%		-100.0%
Total Liabilities	$786.6M	$809.2M	$733.5M	$429.6M	$385.5M	$390.1M	$347.9M	$331.9M	$363.6M	$360.4M	$309.5M	$246.7M	$251.5M	$213.7M	$131.0M	$102.4M	$201.5M	$154.9M	$161.4M	$52.90M
YoY Change	-2.79%	10.32%	70.73%	11.44%	-1.18%	12.13%	4.82%	-8.72%	0.89%	16.45%	25.46%	-1.91%	17.69%	63.13%	27.93%	-49.18%	30.08%	-4.03%	205.1%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.0552 Billion

About Himax Technologies, Inc.

Himax Technologies, Inc. is a semiconductor solution provider dedicated to display imaging processing technologies. The company is headquartered in Tainan, Tainan and currently employs 2,164 full-time employees. The company went IPO on 2006-03-31. The firm offers comprehensive automotive integrated circuit (IC) solutions, including traditional driver ICs, in-cell touch and display driver integration, large touch and display driver integration and local dimming timing controllers. The firm's principal product lines include display drivers and timing controllers, touch controller ICs, thin film transistor liquid crystal display (TFT-LCD) television and monitor semiconductor solutions, intellectual property (IP) and application specific integrated circuit (ASIC) service, liquid crystal on silicon (LCOS) and micro-electro mechanical systems (MEMS) products, power ICs, complementary metal-oxide-semiconductor (CMOS) image sensor product, and wafer level optics products.

Industry: Semiconductors & Related Devices Peers: SemiLEDs Corp