See more : Takween Advanced Industries (1201.SR) Income Statement Analysis – Financial Results
Complete financial analysis of Silicon Motion Technology Corporation (SIMO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Silicon Motion Technology Corporation, a leading company in the Semiconductors industry within the Technology sector.
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Silicon Motion Technology Corporation (SIMO)
About Silicon Motion Technology Corporation
Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the Ferri SSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, South Korea, China, Malaysia, Singapore, and internationally. Silicon Motion Technology Corporation was founded in 1995 and is based in Hong Kong, Hong Kong.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 639.14M | 945.92M | 922.10M | 539.52M | 457.25M | 530.35M | 523.40M | 556.15M | 361.30M | 289.32M | 225.31M | 281.37M | 224.13M | 144.32M | 90.72M | 168.28M | 180.31M | 106.18M | 81.91M | 68.87M | 26.95M | 13.14M |
| Cost of Revenue | 368.75M | 480.09M | 461.31M | 279.37M | 235.08M | 269.54M | 272.21M | 281.54M | 176.77M | 139.63M | 118.70M | 149.65M | 115.94M | 76.67M | 49.94M | 84.90M | 85.02M | 49.46M | 40.94M | 40.51M | 12.51M | 10.53M |
| Gross Profit | 270.39M | 465.83M | 460.80M | 260.16M | 222.17M | 260.81M | 251.19M | 274.61M | 184.53M | 149.70M | 106.61M | 131.72M | 108.19M | 67.66M | 40.78M | 83.39M | 95.29M | 56.72M | 40.97M | 28.36M | 14.44M | 2.61M |
| Gross Profit Ratio | 42.31% | 49.25% | 49.97% | 48.22% | 48.59% | 49.18% | 47.99% | 49.38% | 51.07% | 51.74% | 47.32% | 46.81% | 48.27% | 46.88% | 44.95% | 49.55% | 52.85% | 53.42% | 50.02% | 41.18% | 53.59% | 19.84% |
| Research & Development | 174.36M | 188.53M | 164.29M | 121.78M | 110.12M | 102.03M | 102.05M | 92.41M | 71.16M | 60.95M | 46.46M | 50.98M | 40.55M | 36.42M | 35.08M | 32.76M | 25.37M | 15.41M | 11.39M | 7.58M | 6.00M | 3.09M |
| General & Administrative | 27.92M | 31.45M | 21.82M | 15.60M | 17.81M | 17.63M | 16.93M | 17.07M | 15.36M | 13.36M | 11.25M | 12.16M | 11.33M | 10.56M | 14.53M | 16.31M | 381.75M | 219.40M | 4.80K | 0.00 | 2.04M | 0.00 |
| Selling & Marketing | 26.92M | 31.54M | 28.81M | 24.81M | 25.01M | 29.28M | 25.87M | 25.77M | 20.17M | 16.32M | 13.60M | 15.92M | 14.55M | 13.44M | 12.38M | 11.23M | 298.20M | 200.53M | 5.80K | 0.00 | 3.70M | 1.51M |
| SG&A | 54.84M | 62.98M | 50.64M | 40.41M | 42.82M | 46.91M | 42.80M | 45.43M | 37.98M | 31.66M | 26.61M | 29.68M | 25.87M | 24.00M | 26.90M | 27.54M | 20.97M | 12.89M | 8.73M | 7.77M | 5.74M | 1.51M |
| Other Expenses | 1.31M | 1.00K | -77.00K | 133.00K | 766.00K | 193.00K | 84.00K | 42.00K | 9.00K | -1.00K | 131.00K | -100.00K | 783.65K | 2.39M | 6.01M | 5.90M | 5.05M | 1.14M | 137.00K | 936.00K | 711.07K | 10.27M |
| Operating Expenses | 230.51M | 251.52M | 214.93M | 162.19M | 153.71M | -156.87M | -156.04M | -138.01M | -108.01M | -91.23M | -71.20M | -78.78M | 67.20M | 61.19M | 68.00M | 66.20M | 51.38M | 29.43M | 20.26M | 16.29M | 12.45M | 14.87M |
| Cost & Expenses | 599.26M | 223.31M | 676.23M | 441.56M | 388.79M | 112.67M | 116.17M | 143.54M | 68.76M | 48.39M | 47.50M | 70.88M | 183.15M | 137.86M | 117.94M | 151.09M | 136.40M | 78.90M | 61.20M | 56.80M | 24.96M | 25.40M |
| Interest Income | 12.25M | 3.53M | 1.28M | 4.63M | 6.75M | 5.92M | 3.85M | 2.03M | 1.98M | 2.10M | 1.74M | 1.39M | 600.30K | 389.97K | 690.32K | 1.34M | 1.61M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 71.00K | 0.00 | 11.00K | 3.00K | 378.00K | 423.00K | 127.00K | 47.00K | 114.00K | 110.00K | 61.00K | 75.25K | 107.21K | 108.95K | 146.55K | 32.47K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 21.81M | 18.92M | 17.19M | 13.59M | 13.24M | 14.80M | 13.18M | 9.49M | -8.99M | -6.92M | -6.43M | -5.88M | 783.65K | 2.39M | 6.01M | 5.90M | 7.89M | 1.09M | 866.00K | 1.26M | 1.54M | 561.80K |
| EBITDA | 83.04M | 233.25M | 263.03M | 99.33M | 85.45M | 125.57M | 116.94M | 148.85M | 85.78M | 65.99M | 41.73M | 60.28M | 53.57M | 1.55M | -60.74M | 23.27M | 50.91M | 28.38M | 21.58M | 13.25M | 3.53M | -11.70M |
| EBITDA Ratio | 12.99% | 24.66% | 28.50% | 23.85% | 18.46% | 23.32% | 22.34% | 26.76% | 23.74% | 22.81% | 18.52% | 20.81% | 16.10% | 14.97% | -19.93% | 13.72% | 30.11% | 27.39% | 26.00% | 18.94% | 18.89% | -86.86% |
| Operating Income | 39.88M | 213.93M | 245.87M | 115.13M | 71.34M | 108.90M | 103.81M | 137.26M | 76.79M | 59.07M | 35.30M | 52.67M | 40.99M | 6.46M | -27.22M | 17.19M | 41.55M | 27.29M | 20.71M | 12.08M | 398.34K | -12.56M |
| Operating Income Ratio | 6.24% | 22.62% | 26.66% | 21.34% | 15.60% | 20.53% | 19.83% | 24.68% | 21.25% | 20.42% | 15.67% | 18.72% | 18.29% | 4.48% | -30.00% | 10.22% | 23.04% | 25.70% | 25.29% | 17.53% | 1.48% | -95.59% |
| Total Other Income/Expenses | 21.17M | -1.35M | 1.40M | 5.08M | 19.93M | 5.03M | 3.65M | 1.37M | 2.07M | 1.50M | 1.85M | 1.66M | 6.23M | -10.20M | -39.89M | 2.23M | -413.12K | 2.43M | 1.10M | 670.00K | 73.98K | 301.21K |
| Income Before Tax | 61.05M | 212.58M | 247.27M | 85.56M | 72.07M | 109.86M | 99.00M | 138.63M | 78.50M | 60.57M | 37.15M | 54.33M | 47.22M | -6.00M | -29.76M | 19.79M | 42.99M | 29.72M | 21.81M | 12.75M | 472.32K | -12.25M |
| Income Before Tax Ratio | 9.55% | 22.47% | 26.82% | 15.86% | 15.76% | 20.71% | 18.91% | 24.93% | 21.73% | 20.93% | 16.49% | 19.31% | 21.07% | -4.16% | -32.80% | 11.76% | 23.84% | 27.99% | 26.63% | 18.51% | 1.75% | -93.30% |
| Income Tax Expense | 8.18M | 40.07M | 47.32M | 5.81M | 7.68M | 11.79M | 24.05M | 27.69M | 18.25M | 16.10M | 9.77M | 7.12M | 5.76M | -651.92K | 392.04K | 3.55M | 2.52M | 645.00K | 1.28M | 4.23M | -2.78M | -275.22K |
| Net Income | 52.87M | 172.51M | 200.00M | 79.75M | 64.40M | 100.27M | 75.03M | 110.94M | 60.28M | 44.31M | 27.38M | 47.22M | 41.46M | -5.35M | -30.15M | 16.24M | 40.47M | 29.07M | 20.53M | 8.52M | 3.25M | -12.53M |
| Net Income Ratio | 8.27% | 18.24% | 21.69% | 14.78% | 14.08% | 18.91% | 14.34% | 19.95% | 16.68% | 15.32% | 12.15% | 16.78% | 18.50% | -3.71% | -33.23% | 9.65% | 22.45% | 27.38% | 25.06% | 12.37% | 12.07% | -95.39% |
| EPS | 1.59 | 5.18 | 5.75 | 2.29 | 1.83 | 2.78 | 2.10 | 3.15 | 1.75 | 1.32 | 0.83 | 1.46 | 1.35 | -0.18 | -1.09 | 2.09 | 1.25 | 0.94 | 0.72 | 0.33 | 0.13 | -0.75 |
| EPS Diluted | 1.58 | 5.16 | 5.73 | 2.28 | 1.83 | 2.78 | 2.09 | 3.12 | 1.73 | 1.30 | 0.81 | 1.40 | 1.28 | -0.18 | -1.09 | 2.07 | 1.21 | 0.93 | 0.71 | 0.33 | 0.13 | -0.75 |
| Weighted Avg Shares Out | 33.35M | 33.26M | 34.85M | 34.86M | 35.18M | 36.03M | 35.68M | 35.23M | 34.53M | 33.65M | 33.07M | 32.32M | 30.77M | 29.04M | 27.67M | 32.18M | 32.26M | 30.81M | 28.52M | 25.97M | 24.23M | 16.69M |
| Weighted Avg Shares Out (Dil) | 33.47M | 33.39M | 34.99M | 34.98M | 35.30M | 36.13M | 35.90M | 35.51M | 34.91M | 34.20M | 33.64M | 33.63M | 32.34M | 29.04M | 27.67M | 32.18M | 33.32M | 31.37M | 29.00M | 25.97M | 24.23M | 16.69M |
Silicon Motion's Q3 Earnings Beat Estimates on Solid Revenue Growth
SIMO reports solid third-quarter 2024 results, driven by healthy demand trends.
Silicon Motion Announces Results for the Period Ended September 30, 2024
Business Highlights Third quarter of 2024 sales increased 1% Q/Q and increased 23% Y/Y SSD controller sales: 3Q of 2024 were flat Q/Q and increased 20% to 25% Y/Y eMMC+UFS controller sales: 3Q of 2024 increased 0% to 5% Q/Q...
Silicon Motion Appoints Jason Tsai as Chief Financial Officer
TAIPEI, Taiwan and MILPITAS, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, today announced, following...
Here is What to Know Beyond Why Silicon Motion Technology Corporation (SIMO) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Silicon Motion (SIMO). This makes it worthwhile to examine what the stock has in store.
Silicon Motion (SIMO) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Silicon Motion (SIMO) reachead $57 at the closing of the latest trading day, reflecting a -0.26% change compared to its last close.
Is Trending Stock Silicon Motion Technology Corporation (SIMO) a Buy Now?
Recently, Zacks.com users have been paying close attention to Silicon Motion (SIMO). This makes it worthwhile to examine what the stock has in store.
Silicon Motion (SIMO) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the latest trading session, Silicon Motion (SIMO) closed at $60.20, marking a -1.54% move from the previous day.
Why Silicon Motion (SIMO) Dipped More Than Broader Market Today
Silicon Motion (SIMO) closed the most recent trading day at $59.57, moving -1.93% from the previous trading session.
Silicon Motion Technology Corporation (SIMO) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Silicon Motion (SIMO). This makes it worthwhile to examine what the stock has in store.
Why the Market Dipped But Silicon Motion (SIMO) Gained Today
In the most recent trading session, Silicon Motion (SIMO) closed at $57.09, indicating a +0.25% shift from the previous trading day.
Source: https://incomestatements.info
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