NYSE : MX
Magnachip Semiconductor Corporation — Financial statements
Technology · Semiconductors · South Korea
Last price 2.63 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 96.02M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Magnachip Semiconductor Corporation (MX) reported revenue of 177.43M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 177.43M | 178.86M | 196.43M | 230.05M | 337.66M | 474.23M |
| Cost of Revenue | 149.27M | 147.47M | 157.70M | 178.41M | 236.39M | 320.69M |
| Gross Profit | 28.16M | 31.39M | 38.73M | 51.64M | 101.26M | 153.54M |
| Selling, General & Admin | 33.35M | 35.12M | 38.10M | 48.47M | 50.87M | 52.44M |
| Research & Development | 29.97M | 27.30M | 25.01M | 51.56M | 52.34M | 51.21M |
| Operating Expenses | 64.41M | 62.41M | 63.11M | 100.03M | 103.21M | 103.65M |
| Operating Income | -36.25M | -31.02M | -24.38M | -48.39M | -1.95M | 49.89M |
| Interest Expense | -1.55M | -1.66M | -1.60M | -828.00K | -1.16M | -1.37M |
| Interest & Investment Income | 4.51M | 5.36M | 8.32M | 10.44M | 5.98M | 2.61M |
| Currency Exchange Gain (Loss) | -11.05M | -324.00K | -16.66M | 166.00K | -2.88M | -11.85M |
| Other Non Operating Income (Expenses) | 276.00K | 341.00K | 408.00K | 312.00K | 426.00K | 1.18M |
| EBT Excluding Unusual Items | -44.06M | -27.30M | -33.92M | -38.31M | 419.00K | 40.45M |
| Merger & Restructuring Charges | -8.45M | 35.53M | ||||
| Gain (Loss) on Sale of Assets | 537.00K | 1.42M | ||||
| Other Unusual Items | -4.88M | -4.84M | -1.59M | -802.00K | -3.83M | -3.43M |
| Pretax Income | -48.94M | -32.14M | -35.51M | -47.56M | -2.88M | 73.97M |
| Income Tax Expense | -17.24M | -17.89M | -8.20M | -10.94M | 5.16M | 17.26M |
| Earnings From Continuing Operations | -31.70M | -14.25M | -27.31M | -36.62M | -8.04M | 56.71M |
| Earnings From Discontinued Operations | 1.07M | -15.47M | -27.00M | |||
| Net Income | -30.63M | -29.72M | -54.31M | -36.62M | -8.04M | 56.71M |
| Net Income to Common | -30.63M | -29.72M | -54.31M | -36.62M | -8.04M | 56.71M |
| Shares Outstanding (Basic) | 36.19M | 36.22M | 37.77M | 41.01M | 44.85M | 44.88M |
| Shares Outstanding (Diluted) | 36.19M | 36.22M | 37.77M | 41.01M | 44.85M | 47.71M |
| EPS (Basic) | -0.85 | -0.82 | -1.44 | -0.89 | -0.18 | 1.26 |
| EPS (Diluted) | -0.85 | -0.82 | -1.44 | -0.89 | -0.18 | 1.21 |
| Free Cash Flow | -20.51M | -54.20M | -17.73M | -9.97M | -18.23M | 55.53M |
| Free Cash Flow Per Share | -0.57 | -1.50 | -0.47 | -0.24 | -0.41 | 1.16 |
| Gross Margin | 15.87% | 17.55% | 19.72% | 22.45% | 29.99% | 32.38% |
| Operating Margin | -20.43% | -17.34% | -12.41% | -21.04% | -0.58% | 10.52% |
| Profit Margin | -17.26% | -16.62% | -27.65% | -15.92% | -2.38% | 11.96% |
| Free Cash Flow Margin | -11.56% | -30.30% | -9.03% | -4.33% | -5.40% | 11.71% |
| EBITDA | -24.40M | -18.44M | -9.95M | -31.71M | 13.05M | 64.13M |
| EBITDA Margin | -13.75% | -10.31% | -5.06% | -13.78% | 3.87% | 13.52% |
| D&A For EBITDA | 11.85M | 12.58M | 14.44M | 16.68M | 15.00M | 14.24M |
| EBIT | -36.25M | -31.02M | -24.38M | -48.39M | -1.95M | 49.89M |
| EBIT Margin | -20.43% | -17.34% | -12.41% | -21.04% | -0.58% | 10.52% |
| Effective Tax Rate | 23.34% | |||||
| Revenue as Reported | 178.86M | 178.86M | 196.43M | 230.05M | 337.66M | 474.23M |
| Advertising Expenses | 34.00K | 27.00K | 68.00K | 46.00K | 71.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 87.94M | 103.76M | 138.61M | 158.09M | 225.48M | 279.55M |
| Cash & Short-Term Investments | 87.94M | 103.76M | 138.61M | 158.09M | 225.48M | 279.55M |
| Accounts Receivable | 23.79M | 25.97M | 28.32M | 32.60M | 35.35M | 49.71M |
| Other Receivables | 4.10M | 2.88M | 4.44M | 4.29M | 7.85M | 25.89M |
| Receivables | 27.88M | 28.90M | 32.85M | 36.94M | 43.23M | 76.85M |
| Inventory | 34.14M | 34.15M | 30.54M | 32.73M | 39.88M | 39.37M |
| Prepaid Expenses | 4.35M | 5.06M | 10.38M | 7.39M | 10.56M | 7.67M |
| Other Current Assets | 10.17M | 4.98M | 6.86M | 10.28M | 18.71M | 5.68M |
| Total Current Assets | 164.47M | 176.85M | 219.23M | 245.43M | 337.85M | 409.12M |
| Property, Plant & Equipment | 93.67M | 102.27M | 84.57M | 104.76M | 116.01M | 112.16M |
| Other Intangible Assets | 395.00K | 454.00K | 507.00K | 1.54M | 1.93M | 2.38M |
| Long-Term Deferred Tax Assets | 60.22M | 64.25M | 52.89M | 50.84M | 38.32M | 41.09M |
| Other Long-Term Assets | 6.10M | 7.70M | 22.12M | 17.92M | 22.53M | 18.91M |
| Total Assets | 324.85M | 351.53M | 379.32M | 420.49M | 516.64M | 583.65M |
| Accounts Payable | 21.13M | 20.85M | 21.64M | 24.44M | 18.00M | 37.59M |
| Accrued Expenses | 7.48M | 6.92M | 7.23M | 8.79M | 9.64M | 11.09M |
| Current Portion of Long-Term Debt | 25.95M | |||||
| Current Portion of Leases | 1.25M | 1.56M | 1.55M | 2.06M | 1.49M | 2.39M |
| Current Income Taxes Payable | 38.00K | 81.00K | 56.00K | 1.50M | 3.15M | 11.82M |
| Current Unearned Revenue | 1.12M | 1.12M | 1.04M | |||
| Other Current Liabilities | 11.84M | 14.00M | 14.68M | 8.98M | 13.93M | 22.59M |
| Total Current Liabilities | 67.69M | 43.41M | 46.27M | 46.89M | 47.24M | 85.48M |
| Long-Term Debt | 15.57M | 44.60M | 27.21M | |||
| Long-Term Leases | 395.00K | 818.00K | 2.12M | 3.33M | 4.15M | 2.02M |
| Pension & Post-Retirement Benefits | 11.91M | 11.50M | 17.09M | 16.02M | 23.12M | 33.06M |
| Other Long-Term Liabilities | 2.76M | 2.95M | 9.83M | 9.66M | 13.97M | 10.32M |
| Total Liabilities | 98.32M | 103.28M | 102.52M | 75.89M | 88.49M | 130.89M |
| Common Stock | 581.00K | 579.00K | 574.00K | 569.00K | 564.00K | 559.00K |
| Additional Paid-In Capital | 283.26M | 281.54M | 279.42M | 273.26M | 266.06M | 241.20M |
| Retained Earnings | 205.39M | 214.85M | 244.58M | 298.88M | 335.51M | 343.54M |
| Treasury Stock | -229.91M | -229.91M | -225.88M | -213.45M | -161.42M | -130.31M |
| Comprehensive Income & Other | -32.79M | -18.81M | -21.89M | -14.66M | -12.55M | -2.23M |
| Shareholders' Equity | 226.53M | 248.25M | 276.80M | 344.60M | 428.15M | 452.76M |
| Total Liabilities & Equity | 324.85M | 351.53M | 379.32M | 420.49M | 516.64M | 583.65M |
| Total Debt | 43.16M | 46.97M | 30.87M | 5.39M | 5.64M | 4.42M |
| Net Cash (Debt) | 44.78M | 56.78M | 107.74M | 152.70M | 219.84M | 275.13M |
| Net Cash Per Share | 1.24 | 1.57 | 2.85 | 3.72 | 4.90 | 5.77 |
| Filing Date Shares Outstanding | 36.51M | 36.44M | 36.88M | 38.26M | 43.54M | 45.81M |
| Total Common Shares Outstanding | 36.51M | 36.22M | 36.91M | 38.85M | 43.82M | 45.66M |
| Working Capital | 96.78M | 133.44M | 172.96M | 198.55M | 290.61M | 323.64M |
| Book Value Per Share | 6.20 | 6.85 | 7.50 | 8.87 | 9.77 | 9.92 |
| Tangible Book Value | 226.14M | 247.80M | 276.29M | 343.06M | 426.22M | 450.38M |
| Tangible Book Value Per Share | 6.19 | 6.84 | 7.49 | 8.83 | 9.73 | 9.86 |
| Land | 10.87M | 11.68M | 11.24M | 12.81M | 13.03M | 13.90M |
| Buildings | 22.84M | 24.37M | 21.87M | 24.53M | 24.78M | 24.27M |
| Machinery | 126.37M | 137.02M | 126.97M | 139.71M | 137.67M | 105.30M |
| Construction In Progress | 24.03M | 22.46M | 2.74M | 2.58M | 2.49M | 25.82M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -30.63M | -29.72M | -54.31M | -36.62M | -8.04M | 56.71M |
| Depreciation & Amortization | 11.85M | 12.58M | 14.44M | 16.68M | 15.00M | 14.24M |
| Other Amortization | 261.00K | |||||
| Stock-Based Compensation | 2.35M | 2.18M | 6.21M | 7.22M | 6.04M | 7.70M |
| Other Operating Activities | 18.23M | -4.13M | 34.11M | -57.00K | 36.53M | 43.26M |
| Change in Accounts Receivable | 2.63M | -2.99M | 2.72M | 1.91M | 10.28M | 7.50M |
| Change in Inventory | -2.04M | -5.80M | -1.58M | 2.37M | -12.63M | -5.94M |
| Change in Accounts Payable | 2.27M | 4.25M | -1.97M | 7.15M | -16.32M | -11.44M |
| Change in Unearned Revenue | -494.00K | -494.00K | -305.00K | 85.00K | -1.26M | -131.00K |
| Change in Income Taxes | -40.00K | 23.00K | -1.43M | -1.57M | -8.40M | -1.00K |
| Change in Other Net Operating Assets | -6.62M | -12.90M | -10.37M | -189.00K | -16.03M | -24.43M |
| Operating Cash Flow | 2.65M | -24.21M | -6.13M | -3.01M | 5.17M | 87.74M |
| Capital Expenditures | -23.15M | -29.99M | -11.60M | -6.96M | -23.39M | -32.21M |
| Sale of Property, Plant & Equipment | 565.00K | 565.00K | 550.00K | 1.45M | ||
| Sale (Purchase) of Intangibles | -189.00K | -207.00K | -316.00K | -263.00K | -390.00K | -614.00K |
| Other Investing Activities | -828.00K | 5.21M | 244.00K | -439.00K | -1.69M | -58.00K |
| Investing Cash Flow | -23.61M | -24.43M | -11.67M | -7.66M | -24.93M | -31.44M |
| Long-Term Debt Issued | 17.02M | 30.06M | ||||
| Long-Term Debt Repaid | -613.00K | -611.00K | -584.00K | -500.00K | -563.00K | |
| Net Debt Issued (Repaid) | 9.46M | 16.40M | 29.45M | -584.00K | -500.00K | -563.00K |
| Issuance of Common Stock | 66.00K | 27.00K | 1.79M | 4.28M | ||
| Repurchase of Common Stock | -562.00K | -4.38M | -12.89M | -51.78M | -13.96M | -39.15M |
| Other Financing Activities | -70.00K | -107.00K | ||||
| Financing Cash Flow | 8.96M | 12.02M | 16.56M | -52.34M | -12.74M | -35.54M |
| Foreign Exchange Rate Adjustments | -13.40M | 1.76M | -18.23M | -4.38M | -21.56M | -21.15M |
| Net Cash Flow | -25.39M | -34.85M | -19.48M | -67.39M | -54.07M | -393.00K |
| Free Cash Flow | -20.51M | -54.20M | -17.73M | -9.97M | -18.23M | 55.53M |
| Free Cash Flow Margin | -11.56% | -30.30% | -9.03% | -4.33% | -5.40% | 11.71% |
| Free Cash Flow Per Share | -0.57 | -1.50 | -0.47 | -0.24 | -0.41 | 1.16 |
| Levered Free Cash Flow | -23.87M | -31.21M | -887.62K | 10.03M | -24.82M | 15.03M |
| Unlevered Free Cash Flow | -22.90M | -30.18M | 113.00K | 10.55M | -24.10M | 15.62M |
| Cash Interest Paid | 1.40M | 1.25M | 966.00K | 2.09M | ||
| Cash Income Tax Paid | 2.66M | 1.93M | 1.34M | 1.44M | 18.99M | 12.67M |
| Change in Working Capital | -4.30M | -17.92M | -12.94M | 9.76M | -44.37M | -34.43M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 90.70M | 91.75M | 149.56M | 290.72M | 414.81M | 974.37M |
| Enterprise Value | 45.93M | 25.49M | 33.18M | 128.98M | 169.26M | 701.95M |
| Last Close Price | 2.41 | 2.55 | 4.02 | 7.50 | 9.39 | 20.97 |
| PE Ratio | 17.18 | |||||
| Forward PE | 182.40 | 182.40 | 182.40 | 32.17 | 16.75 | |
| PS Ratio | 0.50 | 0.51 | 0.76 | 1.26 | 1.23 | 2.06 |
| PB Ratio | 0.39 | 0.37 | 0.54 | 0.84 | 0.97 | 2.15 |
| P/TBV Ratio | 0.39 | 0.37 | 0.54 | 0.85 | 0.97 | 2.16 |
| P/FCF Ratio | 17.55 | |||||
| P/OCF Ratio | 33.24 | 80.31 | 11.11 | |||
| PEG Ratio | 1.74 | 1.74 | 1.74 | 1.19 | 0.62 | |
| EV/Sales Ratio | 0.24 | 0.14 | 0.17 | 0.56 | 0.50 | 1.48 |
| EV/EBITDA Ratio | 12.97 | 10.95 | ||||
| EV/EBIT Ratio | 14.07 | |||||
| EV/FCF Ratio | 12.64 | |||||
| Debt / Equity Ratio | 0.19 | 0.19 | 0.11 | 0.02 | 0.01 | 0.01 |
| Debt / EBITDA Ratio | 0.37 | 0.07 | ||||
| Debt / FCF Ratio | 0.08 | |||||
| Net Debt / Equity Ratio | -0.20 | -0.23 | -0.39 | -0.44 | -0.51 | -0.61 |
| Net Debt / EBITDA Ratio | 1.83 | 3.08 | 10.83 | 4.82 | -16.84 | -4.29 |
| Net Debt / FCF Ratio | 2.18 | 1.05 | 6.08 | 15.32 | 12.06 | -4.96 |
| Asset Turnover | 0.51 | 0.49 | 0.49 | 0.49 | 0.61 | 0.82 |
| Inventory Turnover | 4.16 | 4.56 | 4.99 | 4.91 | 5.97 | 7.64 |
| Quick Ratio | 1.71 | 3.06 | 3.70 | 4.16 | 5.69 | 4.16 |
| Current Ratio | 2.43 | 4.07 | 4.74 | 5.23 | 7.15 | 4.79 |
| Return on Equity (ROE) | -12.76% | -5.43% | -8.79% | -9.48% | -1.82% | 14.21% |
| Return on Assets (ROA) | -6.52% | -5.31% | -3.81% | -6.46% | -0.22% | 5.40% |
| Return on Invested Capital (ROIC) | -19.90% | -17.21% | -13.51% | -24.18% | -1.01% | 23.07% |
| Return on Capital Employed (ROCE) | -14.10% | -10.10% | -7.30% | -13.00% | -0.40% | 10.00% |
| Earnings Yield | -34.09% | -32.40% | -36.31% | -12.60% | -1.94% | 5.82% |
| FCF Yield | -23.31% | -59.07% | -11.86% | -3.43% | -4.40% | 5.70% |
| Buyback Yield / Dilution | 1.75% | 4.12% | 7.90% | 8.56% | 5.99% | -2.59% |