HIMAX TECHNOLOGIES Reports Q4 Earnings Results for FY2022 on February 9 2023.
March 19, 2023
Earnings Overview
HIMAX TECHNOLOGIES ($BER:H6Q) announced their financial results for FY2022 Q4 on February 9 2023. The period ended on December 31 2022 and saw total revenue of USD 42.2 million, a decrease of 70.4% year-on-year. Net income for the same quarter amounted to USD 262.3 million, down by 42.0% from the previous year.
Stock Price
On Thursday, the stock opened at €7.6, and closed at the same price, down 1.8% from the prior closing price of €7.8. Overall, HIMAX TECHNOLOGIES reported solid financial results in the fourth quarter of FY2022, demonstrating the company’s strong competitive position in the market and its ability to generate consistent growth and profitability. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Himax Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 1.2k | 236.98 | 19.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Himax Technologies. More…
| Operations | Investing | Financing |
| 82.91 | 15 | -211.07 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Himax Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.7k | 807.94 | 4.99 |
Key Ratios Snapshot
Some of the financial key ratios for Himax Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.4% | 444.0% | 23.3% |
| FCF Margin | ROE | ROA |
| 5.9% | 20.1% | 10.3% |
Analysis
GoodWhale has evaluated the wellbeing of HIMAX TECHNOLOGIES and the findings have been summarized in a Star Chart. According to the chart, the company has been classified as ‘rhino’, which indicates that it has achieved moderate revenue or earnings growth. This type of company may be of interest to value and income investors who are looking for a solid return on their investments. HIMAX TECHNOLOGIES is strong in asset, growth, and profitability, as well as medium in dividend. Its health score is 8/10, indicating that it is capable of paying off debt and funding future operations. This is an added benefit for investors who are looking for a company that can provide them with a steady return on their investments. The company also has a good amount of cashflow and debt, making it an attractive investment option. More…
Summary
Himax Technologies reported a decrease in revenue and net income for their fourth quarter ended December 31, 2022. Revenue for the quarter was down 70.4% from the same period a year ago and net income was 42.0% lower than the prior year. Investors should take note of this decline in profitability, as well as Himax Technologies’ future outlook, before making an investment decision. Going forward, investors should also consider the company’s current financial situation, competitive landscape, and macroeconomic environment when evaluating Himax Technologies as an investment.
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