$MX
MAGNACHIP SEMICONDUCTOR Corp

2020 Q2 Form 10-Q Financial Statement

#000119312520139052 Filed on May 11, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2020 Q1 2019 Q4
Revenue $118.8M $120.5M $200.0M
YoY Change -42.09% 12.31% 11.48%
Cost Of Revenue $86.70M $91.34M $92.90M
YoY Change -46.25% 3.51% -237.63%
Gross Profit $32.10M $29.13M $53.20M
YoY Change -26.78% 53.13% 21.16%
Gross Profit Margin 27.02% 24.18% 26.6%
Selling, General & Admin $12.40M $12.10M $13.80M
YoY Change -26.95% 0.55% -286.49%
% of Gross Profit 38.63% 41.54% 25.94%
Research & Development $11.10M $10.51M $11.00M
YoY Change -41.55% -12.74% -181.48%
% of Gross Profit 34.58% 36.08% 20.68%
Depreciation & Amortization $2.600M $7.935M $8.000M
YoY Change -68.29% -4.43% -1.23%
% of Gross Profit 8.1% 27.24% 15.04%
Operating Expenses $23.50M $23.17M $24.80M
YoY Change -36.65% -3.8% -218.66%
Operating Profit $8.600M $5.965M $10.04M
YoY Change 27.48% -217.96% 27.67%
Interest Expense $3.000M -$5.607M $16.30M
YoY Change -152.83% -0.53% -273.4%
% of Operating Profit 34.88% -94.0% 162.43%
Other Income/Expense, Net $800.0K $838.0K $800.0K
YoY Change 21.95% 42.76% -136.36%
Pretax Income $12.50M -$29.78M $22.80M
YoY Change -243.55% 43.43% -177.29%
Income Tax $700.0K $1.303M -$1.100M
% Of Pretax Income 5.6% -4.82%
Net Earnings $29.20M -$23.75M $23.43M
YoY Change -406.72% -30.41% -1084.29%
Net Earnings / Revenue 24.58% -19.71% 11.71%
Basic Earnings Per Share $0.68
Diluted Earnings Per Share $628.0K -$679.1K $0.54
COMMON SHARES
Basic Shares Outstanding 35.07M 34.80M 34.54M
Diluted Shares Outstanding 46.08M

Balance Sheet

Concept 2020 Q2 2020 Q1 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $192.8M $157.3M $151.7M
YoY Change 55.74% 48.68% 14.58%
Cash & Equivalents $192.8M $157.3M $151.7M
Short-Term Investments
Other Short-Term Assets $232.8M $6.762M $10.01M
YoY Change 2800.57% -7.28% 1.48%
Inventory $45.50M $37.13M $41.40M
Prepaid Expenses $11.15M $9.003M
Receivables $48.50M $60.69M $47.45M
Other Receivables $10.50M $8.297M $10.20M
Total Short-Term Assets $530.1M $496.2M $379.4M
YoY Change 49.05% 46.28% 7.55%
LONG-TERM ASSETS
Property, Plant & Equipment $70.30M $67.20M $73.07M
YoY Change -63.45% -66.69% -63.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $12.10M $8.439M $9.059M
YoY Change 31.05% -6.63% 3.78%
Total Long-Term Assets $85.00M $83.75M $216.0M
YoY Change -63.39% -65.21% -6.29%
TOTAL ASSETS
Total Short-Term Assets $530.1M $496.2M $379.4M
Total Long-Term Assets $85.00M $83.75M $216.0M
Total Assets $615.1M $580.0M $595.3M
YoY Change 4.64% 0.0% 2.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $42.40M $40.20M $60.90M
YoY Change -50.7% -47.11% 9.53%
Accrued Expenses $19.40M $41.49M $44.80M
YoY Change -60.53% -4.58% -3.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $82.80M $82.33M $300.0K
YoY Change 41300.0% 41064.0%
Total Short-Term Liabilities $328.0M $320.7M $133.8M
YoY Change 107.21% 114.04% 0.88%
LONG-TERM LIABILITIES
Long-Term Debt $223.4M $223.0M $304.7M
YoY Change -26.41% -26.4% 0.38%
Other Long-Term Liabilities $57.60M $8.641M $9.671M
YoY Change -66.47% -94.95% -94.11%
Total Long-Term Liabilities $281.0M $231.7M $314.4M
YoY Change -7.44% -23.55% 3.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $328.0M $320.7M $133.8M
Total Long-Term Liabilities $281.0M $231.7M $314.4M
Total Liabilities $609.0M $601.1M $610.3M
YoY Change -4.2% -4.02% 1.63%
SHAREHOLDERS EQUITY
Retained Earnings -$81.88M -$58.13M
YoY Change 16.26% 60.12%
Common Stock $153.7M $152.8M
YoY Change 6.94% 6.86%
Preferred Stock
YoY Change
Treasury Stock (at cost) $107.6M $107.0M
YoY Change 1.07% 2.99%
Treasury Stock Shares $9.106M $9.052M
Shareholders Equity $6.200M -$21.16M -$14.98M
YoY Change
Total Liabilities & Shareholders Equity $615.1M $580.0M $595.3M
YoY Change 4.64% 0.0% 2.08%

Cashflow Statement

Concept 2020 Q2 2020 Q1 2019 Q4
OPERATING ACTIVITIES
Net Income $29.20M -$23.75M $23.43M
YoY Change -406.72% -30.41% -1084.29%
Depreciation, Depletion And Amortization $2.600M $7.935M $8.000M
YoY Change -68.29% -4.43% -1.23%
Cash From Operating Activities $36.00M $21.07M $20.50M
YoY Change 24.57% -280.45% 44.37%
INVESTING ACTIVITIES
Capital Expenditures -$5.700M $3.351M -$6.500M
YoY Change 35.71% -70.1% -36.89%
Acquisitions
YoY Change
Other Investing Activities $1.000M -$8.000K $200.0K
YoY Change -116.39% -180.0% -111.11%
Cash From Investing Activities -$4.700M -$7.127M -$6.300M
YoY Change -54.81% -27.28% -47.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.021M
YoY Change -56.61%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 500.0K -1.216M 1.500M
YoY Change -266.67% -66.97% -139.47%
NET CHANGE
Cash From Operating Activities 36.00M 21.07M 20.50M
Cash From Investing Activities -4.700M -7.127M -6.300M
Cash From Financing Activities 500.0K -1.216M 1.500M
Net Change In Cash 31.80M 5.636M 15.70M
YoY Change 74.73% -121.17% -1081.25%
FREE CASH FLOW
Cash From Operating Activities $36.00M $21.07M $20.50M
Capital Expenditures -$5.700M $3.351M -$6.500M
Free Cash Flow $41.70M $17.72M $27.00M
YoY Change 25.98% -177.43% 10.2%

Facts In Submission

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