See more : VRL Logistics Limited (VRLLOG.NS) 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.
You may be interested
- Orthex Oyj (ORTHEX.HE) Income Statement Analysis – Financial Results
- Huneed Technologies (005870.KS) Income Statement Analysis – Financial Results
- Stemmer Imaging AG (S9I.DE) Income Statement Analysis – Financial Results
- gremz,Inc. (GRMZF) Income Statement Analysis – Financial Results
- TPCO Holding Corp. (GRAMF) Income Statement Analysis – Financial Results
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 |
Why Silicon Motion (SIMO) is a Top Momentum Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Best Growth Stocks to Buy for June 24th
POWL, ODP and SIMO made it to the Zacks Rank #1 (Strong Buy) growth stocks list on June 24, 2024.
Silicon Motion (SIMO) Sees a More Significant Dip Than Broader Market: Some Facts to Know
The latest trading day saw Silicon Motion (SIMO) settling at $82.49, representing a -0.94% change from its previous close.
4 Electronics Semiconductor Stocks to Escape Macro Headwinds
Macroeconomic challenges are hurting the Zacks Electronics - Semiconductors industry. However, industry participants like AMKR, PI, SIMO and AOSL are set to gain from smart device proliferation.
Silicon Motion (SIMO) Ascends While Market Falls: Some Facts to Note
Silicon Motion (SIMO) concluded the recent trading session at $82.71, signifying a +0.99% move from its prior day's close.
Best Growth Stocks to Buy for June 14th
HAS, RCL and SIMO made it to the Zacks Rank #1 (Strong Buy) growth stocks list on June 14, 2024.
Silicon Motion (SIMO) Stock Dips While Market Gains: Key Facts
In the closing of the recent trading day, Silicon Motion (SIMO) stood at $81.90, denoting a -0.27% change from the preceding trading day.
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 Silicon Motion (SIMO) Dipped More Than Broader Market Today
In the closing of the recent trading day, Silicon Motion (SIMO) stood at $82.54, denoting a -1.41% change from the preceding trading day.
Are Computer and Technology Stocks Lagging Silicon Motion Technology (SIMO) This Year?
Here is how Silicon Motion (SIMO) and Amphenol (APH) have performed compared to their sector so far this year.
Source: https://incomestatements.info
Category: Stock Reports