See more : Shanghai Bailian (Group) Co., Ltd. (600827.SS) 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 Launches the Best Performance/Watt PCIe Gen5 SSD Controller at FMS 2024
The Company Also Showcases SSD Solutions for Enterprise, PC, and Automotive AI Applications TAIPEI and MILPITAS, Calif. , Aug. 5, 2024 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash...
Silicon Motion (SIMO) Tops Q2 Earnings & Revenue Estimates
Silicon Motion (SIMO) reports solid second-quarter 2024 results, driven by healthy demand trends.
Silicon Motion Announces Results for the Period Ended June 30, 2024
Business Highlights Second quarter of 2024 sales increased 11% Q/Q and increased 50% Y/Y SSD controller sales: 2Q of 2024 increased 0% to 5% Q/Q and increased 25% to 30% Y/Y eMMC+UFS controller sales: 2Q of 2024 increased 25% to...
Down -14.48% in 4 Weeks, Here's Why Silicon Motion (SIMO) Looks Ripe for a Turnaround
Silicon Motion (SIMO) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for...
Silicon Motion (SIMO) to Report Q2 Earnings: What's in Store?
Silicon Motion (SIMO) is expected to report a top-line growth year over year in the second quarter, backed by rising demand for SSD controllers, as well as eMMC and UFS controllers.
Investors Heavily Search Silicon Motion Technology Corporation (SIMO): Here is What You Need to 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.
Best Growth Stocks to Buy for July 25th
SIMO, DESP and PGR made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 25, 2024.
Best Growth Stocks to Buy for July 23rd
SIMO, DESP and KBH made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 23, 2024.
Silicon Motion (SIMO) Rises Higher Than Market: Key Facts
Silicon Motion (SIMO) closed the most recent trading day at $76.03, moving +1.18% from the previous trading session.
Best Income Stocks to Buy for July 19th
JD, SIMO and SW made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 19, 2024.
Source: https://incomestatements.info
Category: Stock Reports