Company Quick10K Filing
Himax Technologies
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 344 $1,195
20-F 2019-03-28 Annual: 2018-12-31
20-F 2018-03-28 Annual: 2017-12-31
20-F 2017-04-12 Annual: 2016-12-31
20-F 2016-04-13 Annual: 2015-12-31
20-F 2014-04-15 Annual: 2013-12-31
20-F 2013-04-30 Annual: 2012-12-31
20-F 2012-05-01 Annual: 2011-12-31
20-F 2011-05-20 Annual: 2010-12-31
20-F 2010-06-03 Annual: 2009-12-31

Himax Technologies Financials

HIMX Metrics, Comps, Filings

Annual | Quarterly

Business

Himax Taiwan, our predecessor, was incorporated on June 12, 2001 as a limited liability company under the laws of the ROC. On April 26, 2005, we established Himax Technologies Limited, an exempted company with limited liability under the Cayman Islands Companies Law, as a holding company to hold the shares of Himax Taiwan in connection with our reorganization and share exchange. On October 14, 2005, Himax Taiwan became our wholly owned subsidiary through a share exchange consummated pursuant to the ROC Business Mergers and Acquisitions Law through which we acquired all of the issued and outstanding shares of Himax Taiwan, and we issued ordinary shares to the shareholders of Himax Taiwan. Shareholders of Himax Taiwan received one of our ordinary shares in exchange for one Himax Taiwan common share. The share exchange was unanimously approved by shareholders of Himax Taiwan on June 10, 2005 with no dissenting shareholders and by the ROC Investment Commission on August 30, 2005 for our inbound investment in Taiwan, and on September 7, 2005 for our outbound investment outside of Taiwan. We effected this reorganization and share exchange to comply with ROC laws, which prohibit a Taiwan incorporated company not otherwise publicly listed in Taiwan from listing its shares on an overseas stock exchange. Our reorganization enables us to maintain our operations through our Taiwan subsidiary, Himax Taiwan, while allowing us to list our shares overseas through our holding company structure.

On September 26, 2005, we changed our name to “Himax Technologies, Inc.,” and on October 17, 2005, Himax Taiwan changed its name to “Himax Technologies Limited” upon the approval of shareholders of both companies and amendments to the respective constitutive documents. We effected the name exchange in order to maintain continuity of operations and marketing under the trade name “Himax Technologies, Inc.,” which had been previously used by Himax Taiwan.

Our ADSs have been listed on the NASDAQ Global Select Market since March 31, 2006. Our ordinary shares are not listed or publicly traded on any trading markets.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Diodes (DIOD) 1,770 37% 8.7 8% 1,614 563 1,260 464 129 176 1,533
Amkor Technology (AMKR) 1,768 16% 3.3 1% 4,309 2,478 4,016 627 55 756 2,527
SunPower (SPWR) 1,695 1% 166.3 -6% 1,939 2,036 1,670 21 -123 10 1,598
MaxLinear (MXL) 1,663 53% 27.8 -3% 729 318 340 179 -21 66 1,838
Jinkosolar Holding (JKS) 1,561 0% 35,853 27,399 0 0 0 0 220
Kulicke & Soffa (KLIC) 1,484 47% 12.0 3% 1,113 325 585 275 35 91 1,088
Tower Semiconductor (TSEM) 1,427 0% 1,790 554 0 0 0 0 1,042
Synaptics (SYNA) 1,351 34% 35.2 -2% 1,410 752 1,472 497 -23 29 1,024
Rambus (RMBS) 1,345 90% -50.8 -13% 1,312 339 235 211 -170 -27 1,375
Himax Technologies (HIMX) 1,195 0% 837 394 0 0 0 0 1,030
FormFactor (FORM) 1,173 40% 7.1 14% 758 153 546 217 105 153 1,092
Xperi (XPER) 1,016 97% 23.2 3% 1,075 496 408 395 30 59 1,360
MACOM Technology (MTSI) 969 44% -5.1 -37% 1,104 805 539 239 -411 -302 1,547
Quantenna Communications (QTNA) 928 68% 83.7 2% 258 46 170 116 5 11 888
Canadian Solar (CSIQ) 898 0% 4,893 3,620 0 0 0 0 788
Photronics (PLAB) 778 22% 4.8 4% 1,114 214 539 118 44 131 623
nLight (LASR) 696 34% 40.1 2% 256 34 187 64 5 14 553
Ultra Clean (UCTT) 538 17% 13.5 -1% 1,009 554 1,017 174 -6 27 370
Ichor (ICHR) 535 15% 13.8 3% 490 286 594 89 15 50 689
CEVA (CEVA) 518 123% 56.6 0% 285 40 57 70 1 9 494

Balance Sheet ($MM)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash10401801138164
Accounts Receivable136201219177191188
Inventory117177166171150135
PP&E5313657544887
Assets631688833746741802837
Accounts Payable136151179124142140
Long-Term Debt
Liabilities246307361357328343394
Stockholders' Equity428450473439468457
Income Statement ($MM)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue087000685724
Cost of Revenue567579635529609518555
Gross Profit-567-492-635-529-609167169
R&D7180929496118123
SG&A333741383941
Tax1600000
Net Income5261672549266
Cash Flow ($MM)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating-1519438529
Cash Investing-1-411-7-7-35
Cash Financing2-32-465-23-41