Himax Technologies

US · HIMX #2608 by market cap Listed 2006

14.09 -0.76 -5.12%

Live - 5344 symbols - heartbeat 71s ago · 2026-10-08 07:00

Pre-market 13.74 -2.48%

After-hours 14.05 -0.28%

Overnight 13.93 -1.14%

Market cap: 2.46B
P/E (TTM): 66.78
P/B: 2.73
EPS: 0.26
Div yield: 1.79%
52W pos: 41%

Reader sentiment Are you bullish or bearish on HIMX?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 3.18, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year -8.23% YoY

Margins

Gross margin: 30.57%
Operating margin: 5.30%
Net margin: 5.28%

Key ratios & quality

Enterprise value: 2.77B
Altman Z-Score: 3.18

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	723.61M	671.84M	887.28M	1.55B	1.20B	945.43M	906.80M	832.17M
Gross profit	168.92M	137.92M	220.78M	748.58M	487.11M	263.50M	276.20M	254.36M
Selling & admin expenses	42.20M	41.30M	40.59M	52.36M	53.96M	48.89M	47.65M	49.11M
Research & development	123.04M	114.86M	122.27M	151.39M	175.56M	171.39M	160.33M	161.13M
Operating profit	3.39M	-18.31M	57.93M	545.02M	257.59M	43.21M	68.22M	44.13M
Pretax profit	7.02M	-15.77M	56.87M	544.59M	276.57M	44.39M	77.34M	54.87M
Tax	994.00K	416.00K	11.71M	110.66M	41.10M	-5.03M	-2.44M	9.59M
Net profit	6.03M	-16.18M	45.16M	433.94M	235.47M	49.42M	79.77M	45.28M
Basic EPS	0	0	0	3	1	0	0	0
Diluted EPS	0.04	-0.08	0.28	2.50	1.36	0.28	0.46	0.26

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	215.13M	214.80M	199.16M	203.08M	199.01M	227.37M
Gross profit	65.55M	67.01M	60.10M	61.70M	60.45M	75.24M
Selling & admin expenses	10.76M	11.36M	13.77M	13.23M	12.11M	12.75M
Research & development	34.99M	37.54M	46.95M	41.65M	38.18M	37.92M
Operating profit	19.81M	18.11M	-618.00K	6.83M	10.16M	24.56M
Pretax profit	24.02M	22.06M	348.00K	8.43M	10.55M	25.00M
Tax	3.84M	5.05M	-1.00M	1.70M	2.11M	4.65M
Net profit	20.18M	17.01M	1.35M	6.73M	8.44M	20.36M
Basic EPS	0	0	0	0	0	0
Diluted EPS	0.11	0.10	0.01	0.07	0.05	0.11

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	654.42M	604.67M	694.41M	1.19B	1.34B	1.20B	1.17B	1.27B
Cash & ST investments	117.67M	112.10M	201.42M	364.38M	229.90M	206.38M	224.57M	286.22M
Inventory	162.56M	143.77M	108.71M	198.60M	370.93M	217.31M	158.75M	152.68M
Total assets	836.68M	818.48M	909.82M	1.60B	1.70B	1.64B	1.64B	1.74B
Total current liabilities	391.16M	380.89M	352.24M	601.23M	694.00M	708.80M	706.63M	799.51M
Short-term debt	184.00M	222.77M	113.07M	162.00M	379.52M	463.64M	513.41M	576.09M
Long-term debt	--	--	52.50M	46.50M	40.50M	34.50M	28.50M	22.50M
Total liabilities	394,391,000.00	387,237,000.00	424,619,000.00	731,212,000.00	807,937,000.00	779,702,000.00	743,194,000.00	832,881,000.00
Total equity	442.29M	431.24M	485.20M	871.98M	893.82M	863.70M	896.33M	902.14M
Retained earnings	244.16M	230.54M	272.94M	660.30M	679.13M	640.45M	664.60M	643.59M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	1.17B	1.23B	1.24B	1.27B	1.26B	1.29B
Cash & ST investments	280.98M	332.75M	278.20M	286.22M	287.61M	298.74M
Inventory	129.87M	134.57M	137.42M	152.68M	151.67M	151.47M
Total assets	1.64B	1.71B	1.69B	1.74B	1.73B	1.77B
Total current liabilities	684.32M	798.42M	775.82M	799.51M	775.69M	835.78M
Short-term debt	510.30M	510.72M	575.19M	576.09M	574.20M	574.20M
Long-term debt	27.00M	25.50M	24.00M	22.50M	21.00M	19.50M
Total liabilities	719,362,000.00	836,847,000.00	812,022,000.00	832,881,000.00	805,944,000.00	864,722,000.00
Total equity	916.12M	871.29M	882.56M	902.14M	922.94M	909.45M
Retained earnings	684.59M	636.54M	637.61M	643.59M	651.58M	625.80M

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	4.01M	7.66M	102.61M	388.28M	82.91M	152.84M	115.98M	140.03M
Depreciation & amortization	20.33M	24.40M	23.60M	21.34M	21.34M	20.32M	22.35M	22.55M
Free cash flow	-46.59M	-38.42M	96.74M	380.25M	70.78M	129.35M	102.77M	119.51M
Dividends paid	-17.21M	0	-4.00K	-47.42M	-217.87M	-83.87M	-50.90M	-65.15M
Stock buybacks / issuance	--	--	--	0	487.00K	916.00K	-2.93M	-3.81M
Ending cash balance	106.44M	101.06M	184.94M	336.02M	221.58M	191.75M	218.15M	257.50M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	56.05M	60.47M	6.70M	16.81M	4.01M	17.54M
Depreciation & amortization	5.16M	5.28M	5.39M	6.73M	5.94M	5.91M
Free cash flow	50.77M	55.88M	55.00K	12.80M	1.05M	13.03M
Dividends paid	--	-442.00K	-64.71M	0	--	0
Stock buybacks / issuance	0	-3.00M	158.00K	-969.00K	0	0
Ending cash balance	275.45M	304.68M	257.09M	257.50M	259.69M	271.30M

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	1.90	-3.10	10.32	64.73	26.89	5.79	9.13	4.93
ROA %	1.05	-1.65	5.45	34.77	14.34	3.03	4.86	2.60
ROIC %	1.22	-2.08	7.06	50.70	19.68	3.62	5.41	2.65
5-year avg ROE %	7.82	4.32	5.28	15.97	20.15	20.93	23.37	22.29
EBIT margin %	1.14	-2.00	6.60	35.27	23.25	5.34	8.97	7.01
FCF / sales %	--	--	10.90	24.58	5.89	13.68	11.33	14.36
Current ratio	1.67	1.59	1.97	1.98	1.93	1.69	1.65	1.58
Quick ratio	0.79	0.73	1.27	1.29	0.71	0.63	0.65	0.61
Debt / assets	21.99	27.22	18.20	13.01	24.68	30.31	33.05	34.50
LT debt / equity	--	--	10.93	5.35	4.54	4.03	3.20	2.52
Interest coverage	6.70	-5.78	34.36	508.07	100.38	8.30	20.27	16.72
Revenue CAGR (3Y) %	1.51	-5.77	9.00	28.83	21.38	2.14	-16.31	-11.52
Net income CAGR (3Y) %	-30.20	--	19.41	270.81	--	2.40	-43.27	-42.98
FCF CAGR (3Y) %	--	--	--	--	--	10.17	-35.35	19.08

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	9.59	8.61	7.15	4.93	3.50	4.00
ROA %	5.33	4.38	3.74	2.60	1.90	2.03
ROIC %	5.64	5.01	3.95	2.65	1.83	2.11
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	10.17	9.35	8.75	7.01	5.49	5.75
FCF / sales %	10.89	14.97	16.03	14.36	8.55	3.25
Current ratio	1.71	1.54	1.60	1.58	1.62	1.55
Quick ratio	0.73	0.69	0.62	0.61	0.62	0.62
Debt / assets	32.85	31.39	35.36	34.50	34.43	33.46
LT debt / equity	2.97	2.95	2.74	2.52	2.30	2.17
Interest coverage	23.85	22.16	20.97	16.72	13.19	14.27
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Single-engine

Driver Integrated Circuit (IC) is the largest reported line at 80.01% of revenue, across 2 reported segments.
The next-largest line, Non-driver products, is a distant second at 19.99% - a sharp slowdown here would have little to offset it.

Revenue breakdown most recent period

Business

Driver Integrated Circuit (IC)80.01%

Non-driver products19.99%

Region

China73.76%

Taiwan14.72%

Korea5.96%

America2.56%

Japan1.80%

Others0.61%

Mexico0.58%

Quote time 2026-10-08 07:00:30 · For reference only, not investment advice and not tailored to your situation.