Himax Technologies, Inc. (HIMX) Press Release
Corporate Events
Himax Technologies, Inc. Revises Earnings Guidance for the Second Quarter of 2022
2022-06-20 11:50:00
Himax Technologies, Inc. revised earnings guidance for the second quarter of 2022. The revised second quarter revenues and EPS are lower than the forward-looking guidance provided on May 12, 2022. The gross margin guidance remains unchanged. Revenues are expected to decrease 22% - 27% sequentially, lower than the previous guidance of 6% - 20% sequential decline. Gross margin is expected to be around 43.0% to 45.0%, the same as previous guidance. Non-IFRS earnings per diluted ADS are expected to be in the range of 40.0 cents to 45.0 cents, lower than the previous guidance of 45.0 cents to 50.0 cents. IFRS earnings per diluted ADS are expected to be in the range of 36.5 cents to 41.5 cents, lower than the previous guidance of 41.5 cents to 46.5 cents.
Himax Technologies, Inc. Proposes Amended and Restated Article of Association
2022-06-15 10:10:00
Himax Technologies, Inc. proposed Amended and Restated Article of Association properly brought before 2022 AGM, at its AGM to be held on August 16, 2022.
Himax Technologies, Inc. Presents at UBS Taiwan Virtual Conference 2022, Jun-20-2022
2022-06-06 08:10:00
Himax Technologies, Inc. Presents at UBS Taiwan Virtual Conference 2022, Jun-20-2022 .
Himax Technologies, Inc. Presents at 6th Annual Needham Automotive Tech Conference, Jun-07-2022
2022-05-28 21:01:00
Himax Technologies, Inc. Presents at 6th Annual Needham Automotive Tech Conference, Jun-07-2022 .
Himax Technologies, Inc. Presents at 19th Nomura Investment Forum Asia (NIFA), Jun-06-2022
2022-05-25 09:30:00
Himax Technologies, Inc. Presents at 19th Nomura Investment Forum Asia (NIFA), Jun-06-2022 .
Himax Technologies, Inc., $ 1.24, Cash Dividend, Jun-29-2022
2022-05-23 00:00:00
Himax Technologies, Inc., $ 1.24, Cash Dividend, Jun-29-2022
Himax Technologies, Inc. Presents at Citi Regional Tech Investor Conference 2022, May-18-2022
2022-05-13 08:10:00
Himax Technologies, Inc. Presents at Citi Regional Tech Investor Conference 2022, May-18-2022 . Venue: Taipei, Taiwan.
Himax Technologies, Inc. Provides Earnings Guidance for the Year 2022
2022-05-12 10:20:00
Himax Technologies, Inc. provided earnings guidance for the year 2022. For the year, the company expects sales to stay at approximately the same high level of 2021.
Himax Technologies, Inc. Provides Earnings Guidance for the Second Quarter 2022
2022-05-12 10:20:00
Himax Technologies, Inc. provided earnings guidance for the Second Quarter 2022. For the year, net revenue increase by 16% to 20% sequentially. IFRS profit to be 41.5 cents to 46.5 cents per diluted ADS.
Himax Technologies, Inc. Declares Cash Dividend for the Year of 2021, Payable on July 12, 2022
2022-05-12 08:37:00
Himax Technologies, Inc. declared a cash dividend of $1.25 per ADS, equivalent to 62.5 cents per ordinary share, for the year of 2021. The cash dividend will be payable on July 12, 2022 to all the shareholders of record as of June 30, 2022. The ADS book will be closed for issuance and cancellation from June 23, 2022 to June 30, 2022.
Nomura Holdings, Inc., 19th Nomura Investment Forum Asia (NIFA), Jun 06, 2022 through Jun 10, 2022
2022-04-23 06:09:00
Nomura Holdings, Inc., 19th Nomura Investment Forum Asia (NIFA), Jun 06, 2022 through Jun 10, 2022.
Emza’s Ultra-Low-Power WiseEye™ Solution Powers Vision AI Features in Dell’s New Laptops
2022-04-13 14:00:00
Emza Visual Sense announced that its revolutionary WiseEye™ technology is providing innovative AI-based visual sensing technology in a range of new Latitude, Inspiron and Precision laptops from Dell. The ultra-low-power WiseEye NB system runs unique Machine Learning (ML) and Neural Network based algorithms to enable advanced human detection features in the new laptops. WiseEye’s always-on, ultra-low-power sensor enables applications for enhanced user experience, privacy and security, and it works with the Dell Optimizer integrated AI software suite to enhance that platform’s intelligent privacy features. Emza’s algorithms, executed by Himax Technologies’ ultra-low-power AI processor, provide contextual awareness with the ability to visually detect user engagement levels based on presence, movements, and facial direction, contributing to better display power management and maximizing battery life. Key features enabled by WiseEye NB include: Look Away Detect: To conserve display power and protect data, always-aware AI algorithms adaptively dim the screen when the user is not engaged, then return it to its original intensity when the user’s face re-orients to the display. On-looker Detection: For enhanced user privacy and security, the system will recognize if a second person is looking at the screen within the field of view, and automatically blur the screen to conceal sensitive information while sending a privacy alert to the user. Reliable Presence Detection: For increased security and power savings, vision-based user presence algorithms enable enhanced wake-on-approach and Express Sign-In capability as well as screen lock/unlock. User Configurability: Through integration with Dell Optimizer, users can personalize their experience, setting detection alerts for specific scenarios. The WiseEye solution was architected for user privacy. Since sensor images are processed entirely on the dedicated WiseEye processor which is co-located with the CMOS image sensor, images are never stored or transmitted to the main platform. The WiseEye system outputs only user presence metadata to the Intel Context Awareness Service and Dell Optimizer software.
Himax Technologies, Inc., Q1 2022 Earnings Call, May 12, 2022
2022-04-11 09:00:00
Himax Technologies, Inc., Q1 2022 Earnings Call, May 12, 2022
Needham & Company, LLC, 6th Annual Needham Automotive Tech Conference, Jun 07, 2022
2022-04-05 06:13:00
Needham & Company, LLC, 6th Annual Needham Automotive Tech Conference, Jun 07, 2022.
UBS Investment Bank, UBS Taiwan Virtual Conference 2022, Jun 20, 2022 through Jun 22, 2022
2022-03-24 07:01:00
UBS Investment Bank, UBS Taiwan Virtual Conference 2022, Jun 20, 2022 through Jun 22, 2022.
Tranche Update on Himax Technologies, Inc. (NasdaqGS:HIMX)'s Equity Buyback Plan announced on June 20, 2011.
2022-03-23 06:23:00
From January 1, 2021 to December 31, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 9,488,656 shares, representing 5.42% for $13.41 million under the buyback announced on June 20, 2011.
Citigroup Inc., Citi Regional Tech Investor Conference 2022, May 18, 2022 through May 20, 2022
2022-03-17 05:21:00
Citigroup Inc., Citi Regional Tech Investor Conference 2022, May 18, 2022 through May 20, 2022. Venue: Taipei, Taiwan.
Himax Technologies, Inc. Announces Its Universally Adopted Industry-Leading Timing Controller
2021-12-22 09:10:00
Himax Technologies, Inc. announced its universally adopted industry-leading timing controller (TCON), HX8880-D/E Series, will be showcased with various global dominant panel makers, Tier-1 suppliers, and major automotive partners at CES 2022 from January 5 to January 8 in Las Vegas. Himax HX8880-D/E Series features the state-of-the-art local dimming function that can support ultra-high resolution and high contrast panels for automotive applications. Himax HX8880-D has already entered production in numbers of premium car models. The next generation HX8880-E is set to enter full scale production by mid-2022. The HX8880-E local dimming TCON is equipped with high-speed P2P transmission interface and provides image processing functions, including Over-Drive that indispensably improves sluggish response characteristics of the liquid crystal displays, and Demura that reduces the luminance non-uniformity for curved automotive display. The HX8880-E, in collaborating with Himax industry-leading automotive TDDI, can support super high resolution, up to 7K1K, and larger sized displays, more than 30 inches, for modish automotive interior design. Most importantly, Himax HX8880-E can couple with mini-LED backlight to reach thousands of dimming zones or with dual-cell structured panel to enable millions of dimming partitions. Both will offer superior homogenous light distribution and/or compelling true black, HDR and contrast enhancement with extreme low power and thermal reduction benefits. This feature is of particular importance for display to show highly contrasted information when driving under highly illuminating sunlight and provides better driver safety protection. In addition to providing the standard TCON, Himax also offers customized TCON solutions based on customers’ diverse requirements. Given its outstanding performance, numerous panel makers and Tier-1 suppliers from the United States, Europe, China, Japan, and Korea are enthusiastically cooperating with Himax and have successfully adopted Himax local dimming TCON technology inside their latest flagship car models. Furthermore, to adhere to the strict automotive-grade supply chain management requirements, Himax collaboratively works with worldwide leading LED driver suppliers, such as Texas Instruments, ROHM, Renesas Electronics, Analog Devices Inc., Macroblock, and many others to complete the qualification processes for panel design. The company’s partnership with leading LED driver suppliers allows both parties to be at the forefront of automotive innovation for newly launched vehicles. Live demos of the automotive display incorporating Himax HX8880 TCON Series and LED driver solution will be showcased in partner’s booths at CES 2022.
Himax Technologies, Inc. Second Generation Automotive TDDI Broadly Adopted by New Vehicles Worldwide
2021-12-17 09:10:00
Himax Technologies, Inc. announced that its second generation automotive in-cell TDDI (Touch and Display Driver Integration), HX83192 series, entered mass production in the third quarter and continues to be broadly adopted by vehicle manufacturers, Tier-1 suppliers and panel makers across all major automotive markets, including the United States, Europe, China, Japan, and Korea, for new car models to be released to the public during 2022 to 2024. In the third quarter of 2021 alone, the single-quarter shipment of the second generation automotive TDDI reached over one million units, far outpacing others in the industry. The company expects sales of its second generation automotive TDDI to grow exponentially moving forwards. Dedicated to cutting-edge automotive display innovation with more than 15 years of development and production experience in automotive driver IC, the company is the world leader with over 40% market share in the traditional automotive driver IC (DDIC). In addition, the company is the first in the industry to launch automotive TDDI which entered mass production as early as 2019. The HX83192 series, the newly launched second generation automotive TDDI, is already widely adopted by the automotive industry and demonstrated again the great leadership of the company in the now fast-growing automotive display battlefield. The design of automotive products has more stringent quality and reliability requirements than consumer products such as smart phones or tablets, and the company's automotive driver ICs have passed those strict automotive testing standards, including CISPR 25 Class 5 EMI, ISO 11452 EMS, AEC-Q100 automotive IC reliability, and ISO 26262 development functional safety certification. The company’s HX83192 TDDIs are designed to meet the emerging needs of new vehicle interior design that features information integration, interactive entertainment, as well as the pursuit of stylish, large, and curved screen design. In addition to the specific in-cell touch design for automotive panels, HX83192 also improves chip performance and reduces power consumption. HX83192 offers the industry first cascade-topology connection technique, allowing up to 3 TDDIs seamlessly connected for larger displays of, say, 20 inches. When taken together, users are empowered with the ultimate in visual and tactile enjoyment. Furthermore, the company led the industry in the launch of its exclusive LTDI (Large Touch and Display Driver Integration) automotive display solution that adopts multi-chip connection architecture, specially designed for the next generation extra-large-sized automotive panels such as the trendy Pillar-to-Pillar Display. The company has been working with leading panel houses and automakers to develop the extra-large-sized automotive display products and expects to introduce them in 2022.
Himax Technologies, Inc. Presents at Greater China Technology and Internet Conference, Jan-05-2022
2021-12-09 07:28:00
Himax Technologies, Inc. Presents at Greater China Technology and Internet Conference, Jan-05-2022 .
Himax Technologies, Inc. Presents at Taiwan Corporate Day, Nov-30-2021
2021-11-25 11:55:00
Himax Technologies, Inc. Presents at Taiwan Corporate Day, Nov-30-2021 . Venue: Taipei, Taiwan.
Citigroup Inc., Taiwan Corporate Day, Nov 30, 2021 through Dec 01, 2021
2021-11-22 04:05:00
Citigroup Inc., Taiwan Corporate Day, Nov 30, 2021 through Dec 01, 2021. Venue: Taipei, Taiwan.
Credit Suisse Group AG, Greater China Technology and Internet Conference, Jan 05, 2022 through Jan 07, 2022
2021-11-10 14:08:00
Credit Suisse Group AG, Greater China Technology and Internet Conference, Jan 05, 2022 through Jan 07, 2022.
Himax Technologies, Inc. Provides Earnings Guidance for the Fourth Quarter 2021
2021-11-04 10:40:00
Himax Technologies, Inc. provides earnings guidance for the fourth quarter 2021. The company expects Net Revenue to increase by 4% to 8% sequentially, Non-IFRS Profit to be 78.0 cents to 83.0 cents per diluted ADS and IFRS Profit to be 74.5 cents to 79.5 cents per diluted ADS.
Himax Technologies, Inc. Presents at BofA Securities 2021 China Conference, Nov-08-2021
2021-10-22 09:51:00
Himax Technologies, Inc. Presents at BofA Securities 2021 China Conference, Nov-08-2021 . Venue: Beijing, China.
Bank of America Corporation, BofA Securities 2021 China Conference, Nov 08, 2021 through Nov 11, 2021
2021-10-12 01:40:00
Bank of America Corporation, BofA Securities 2021 China Conference, Nov 08, 2021 through Nov 11, 2021. Venue: Beijing, China.
Himax Technologies, Inc., Q3 2021 Earnings Call, Nov 04, 2021
2021-10-08 08:20:00
Himax Technologies, Inc., Q3 2021 Earnings Call, Nov 04, 2021
Morgan Stanley, Morgan Stanley Greater China Display Driver IC Virtual Symposium, Sep 27, 2021 through Sep 28, 2021
2021-09-24 10:46:00
Morgan Stanley, Morgan Stanley Greater China Display Driver IC Virtual Symposium, Sep 27, 2021 through Sep 28, 2021.
Himax Technologies, Inc. Presents at Morgan Stanley Greater China Display Driver IC Virtual Symposium, Sep-28-2021 03:15 PM
2021-09-24 10:46:00
Himax Technologies, Inc. Presents at Morgan Stanley Greater China Display Driver IC Virtual Symposium, Sep-28-2021 03:15 PM. Speakers: Eric Li, Chief IR/PR Officer.
Himax Technologies, Inc. Presents at 22nd Credit Suisse Asian Technology Virtual Conference, Sep-06-2021
2021-08-20 08:40:00
Himax Technologies, Inc. Presents at 22nd Credit Suisse Asian Technology Virtual Conference, Sep-06-2021 . Venue: Taipei, Taiwan.
Institutional Capital Advisory (Asia) Limited, ICA Asia Insights Forum, Sep 06, 2021 through Sep 10, 2021
2021-08-20 08:16:00
Institutional Capital Advisory (Asia) Limited, ICA Asia Insights Forum, Sep 06, 2021 through Sep 10, 2021.
Himax Technologies, Inc. Presents at ICA Asia Insights Forum, Sep-06-2021
2021-08-20 08:16:00
Himax Technologies, Inc. Presents at ICA Asia Insights Forum, Sep-06-2021 .
Himax Technologies, Inc. Presents at Jefferies 2021 Virtual Semiconductor, IT Hardware and Communications Infrastructure Summit, Aug-31-2021
2021-08-17 08:35:00
Himax Technologies, Inc. Presents at Jefferies 2021 Virtual Semiconductor, IT Hardware and Communications Infrastructure Summit, Aug-31-2021 .
Himax Technologies, Inc. Provides Earnings Guidance for the Third Quarter 2021
2021-08-05 09:20:00
Himax Technologies, Inc. provides earnings guidance for the third quarter 2021. The company expects revenue to increase low-single digit sequentially in the third quarter. Net Revenue to increase by 13% to 17% sequentially. IFRS Profit to be 63.0 cents to 69.0 cents per diluted ADS.
Himax Technologies, Inc., Q2 2021 Earnings Call, Aug 05, 2021
2021-07-12 08:30:00
Himax Technologies, Inc., Q2 2021 Earnings Call, Aug 05, 2021
Fundamental Summary
At a high level, the metrics from Himax's Q1 financial report release were demonstrably positive. Their growth and value factors performance indicate that company management is focused on the right targets and executing well. We expect that this positive performance will continue in the coming months, and anticipate that Himax will maintain good momentum even in a challenging environment. As such, Himax received an overall score of 79 and a BUY recommendation.
Himax reported earnings results for the first quarter ended March 03, 2022. For the first quarter, the company reported sales was USD 412.81 million compared to USD 309 million a year ago. Revenue was USD 412.81 million compared to USD 309 million a year ago. Net income was USD 115.87 million compared to USD 66.9 million a year ago.
Business Description
Himax, a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates through two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, laptops, monitors, mobile phones, tablets, automotive, digital cameras, car navigation, virtual reality devices, and other consumer electronic devices. The company also designs and provides controllers for touch sensor displays; in-cell touch and display driver integration single-chip solutions; light-emitting diode driver and power management ICs; and liquid crystal on silicon microdisplays for augmented reality (AR) devices and head-up displays for the automotive industry. In addition, it offers complementary metal-oxide-semiconductor image sensors and wafer-level optics for AR devices, 3D sensing, and ultra-low power AI image sensing, which are used in various applications, such as mobile phones, tablets, laptops, TV, PC camera, automobile, security, medical devices, home appliance, Internet of Things, etc. The company markets its display drivers and display-related products to panel manufacturers, agents or distributors, module manufacturers, and assembly houses; and non-driver products to camera module manufacturers, optical engine manufacturers, and television system manufacturers. Himax was incorporated in 2001 and is headquartered in Tainan City, Taiwan.
Sector Overview
Himax is included in the Semiconductors & Semiconductor Equipment according to GICS (global industry classification standard). The Semiconductors & Semiconductor Equipment industry is part of the Information Technology sector. It includes manufacturers of semiconductors, semiconductor equipment, and related products. Himax's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.
Fundamental Highlights
| Parameter | Value | Change | Score | |
|---|---|---|---|---|
| Return on Equity | 62.7 | -2.0% | 66 | |
| Net Cashflow | 150.6 | -0.3% | 66 | |
| Capital Expenditure | -9.1 | -20.8% | 48 | |
| Asset Turnover | 1.2 | -3.9% | 77 | |
| Free Cashflow | 2.2 | 2.6% | 77 |
* All values are TTM
The below chart reflects Himax's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Himax's peer average final assessment score stands on 70.0, Himax's score is 79.
- HIMX
- Peers average
Technical Analysis
When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Himax's stock is now priced below its 5-day, 50-day, and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a negative setup in the near, medium, and long-term. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Himax's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 42.
5D MA
9.0
50D MA
9.13
200D MA
10.57
MACD
-0.11
RSI
11.81
STOCH
36.43
Balance Sheet Analysis
Overall, Himax's critical balance sheet metrics appear to signal strong support and a high likelihood of positive growth going forward. Himax publishes solid book value factor metrics in this report. Price to book ratio (P/B) now sits at 1.7 and represents a -48.1% change from the previous report. These book value factor numbers show that management has been prudent in focusing on efficient growth. We believe the stock price has room to grow to reflect its intrinsic value accurately. Therefore, its book value factors earned a score of 95. Also, Himax produced great equity metrics for this filing, demonstrating management's skill in increasing shareholder value. Himax's equity was reported as 987.0, which represents a 13.5% change from the last report. This parameter often affects companies in the same industry and market capitalization by up to 7.7%. These metrics are all the more impressive relative to their peers and should support an upswing in their stock price. Therefore, its equity movement component earned a score of 91. That said, one metric, Assets, stood out as particularly concerning. Himax's management did not succeed in significantly improving the value of the assets on their balance sheet, which now sits at 1769.2 and represents a 10.4% change from the previous report. The lack of good news about assets momentum should be a cause for concern and is often met with downward pressure on the company's stock price. Consequently, their asset movement received a grade of 55. The company's balance sheet received an overall score of 77.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Assets | 1,769.2 | 10.4% | 55 |
| Liabilities | 780.4 | 6.7% | 78 |
| Price to Book | 1.7 | -48.1% | 95 |
| Cash & Equivalents | 378.0 | 12.5% | 85 |
| Equity | 987.0 | 13.5% | 91 |
The below chart describes Himax's performance as reflected on its balance sheet with respect to its peers. While Himax received a balance sheet score of 77, the average of its peers stands on 68.0.
- HIMX
- Peers average
| Name | Market Cap | Liabilities Movement | Asset Change | Equity/Intangibles Adjustments | Cash & Equivalents | Book Value Momentum | Balance Sheet | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 400.2B | 78 | 70 | 65 | 97 | 54 | 71 | 0 | 1 |
| Intel Corporation | 154.5B | 65 | 69 | 76 | 90 | 81 | 77 | 1 | 1 |
| QUALCOMM Incorporated | 147.4B | 57 | 71 | 96 | 80 | 80 | 82 | 2 | 1 |
| Texas Instruments Incorporated | 142.2B | 63 | 69 | 87 | 46 | 84 | 76 | 3 | 1 |
| Advanced Micro Devices, Inc. | 130.9B | 93 | 61 | 78 | 96 | 80 | 88 | 4 | 1 |
| Broadcom Inc. | 102.5B | 67 | 79 | 58 | 56 | 55 | 62 | 5 | 1 |
| Applied Materials, Inc. | 82.7B | 71 | 72 | 63 | 41 | 55 | 60 | 6 | 1 |
| Analog Devices, Inc. | 77.2B | 62 | 80 | 66 | 66 | 66 | 69 | 7 | 1 |
| Micron Technology, Inc. | 64.6B | 73 | 69 | 85 | 76 | 74 | 81 | 8 | 1 |
| Lam Research Corporation | 60.8B | 72 | 77 | 58 | 51 | 45 | 60 | 9 | 1 |
| KLA Corporation | 49.3B | 75 | 62 | 73 | 53 | 66 | 66 | 10 | 1 |
| NXP Semiconductors N.V. | 40.5B | 71 | 68 | 56 | 62 | 76 | 64 | 11 | 1 |
| Marvell Technology, Inc. | 38.5B | 71 | 84 | 50 | 46 | 51 | 60 | 12 | 1 |
| Microchip Technology Incorporated | 33.0B | 65 | 84 | 76 | 72 | 66 | 79 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 23.9B | 81 | 65 | 74 | 82 | 74 | 78 | 14 | 1 |
| ON Semiconductor Corporation | 22.9B | 74 | 68 | 77 | 89 | 82 | 81 | 15 | 1 |
| Monolithic Power Systems, Inc. | 18.5B | 85 | 64 | 76 | 92 | 80 | 84 | 16 | 1 |
| Skyworks Solutions, Inc. | 15.5B | 69 | 77 | 63 | 46 | 52 | 62 | 17 | 1 |
| SolarEdge Technologies, Inc. | 15.5B | 77 | 62 | 78 | 96 | 85 | 81 | 18 | 1 |
| Teradyne, Inc. | 15.3B | 49 | 81 | 62 | 45 | 47 | 52 | 19 | 1 |
| Entegris, Inc. | 14.1B | 62 | 70 | 75 | 55 | 78 | 70 | 20 | 1 |
| Qorvo, Inc. | 10.2B | 64 | 83 | 64 | 67 | 55 | 67 | 21 | 1 |
| First Solar, Inc. | 7.2B | 76 | 70 | 50 | 58 | 58 | 59 | 22 | 1 |
| Lattice Semiconductor Corporation | 6.8B | 53 | 79 | 78 | 60 | 64 | 68 | 23 | 1 |
| MKS Instruments, Inc. | 5.8B | 60 | 73 | 73 | 76 | 72 | 70 | 24 | 1 |
| Silicon Laboratories Inc. | 5.3B | 89 | 81 | 59 | 45 | 48 | 72 | 25 | 1 |
| Universal Display Corporation | 5.2B | 57 | 76 | 83 | 85 | 69 | 75 | 26 | 1 |
| CMC Materials, Inc. | 5.1B | 65 | 78 | 73 | 87 | 82 | 81 | 27 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 68 | 72 | 69 | 61 | 58 | 65 | 28 | 1 |
| Synaptics Incorporated | 4.9B | 71 | 71 | 79 | 92 | 76 | 81 | 29 | 1 |
| Power Integrations, Inc. | 4.4B | 56 | 82 | 58 | 79 | 53 | 61 | 30 | 1 |
| Amkor Technology, Inc. | 4.2B | 70 | 68 | 75 | 74 | 77 | 75 | 31 | 1 |
| Cirrus Logic, Inc. | 4.1B | 73 | 76 | 81 | 96 | 73 | 86 | 32 | 1 |
| Allegro MicroSystems, Inc. | 4.0B | 68 | 69 | 74 | 81 | 76 | 74 | 33 | 1 |
| Semtech Corporation | 3.5B | 58 | 79 | 68 | 67 | 64 | 67 | 34 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.3B | 65 | 75 | 74 | 38 | 74 | 70 | 35 | 1 |
| FormFactor, Inc. | 3.1B | 72 | 70 | 84 | 82 | 80 | 84 | 36 | 1 |
| Diodes Incorporated | 3.0B | 47 | 78 | 71 | 51 | 71 | 62 | 37 | 1 |
| SunPower Corporation | 3.0B | 72 | 81 | 42 | 83 | 54 | 61 | 38 | 1 |
| Silicon Motion Technology Corporation | 2.8B | 40 | 85 | 60 | 40 | 48 | 54 | 39 | 1 |
| MaxLinear, Inc. | 2.7B | 68 | 71 | 75 | 85 | 74 | 76 | 40 | 1 |
| Nova Ltd. | 2.7B | 86 | 45 | 75 | 48 | 82 | 61 | 41 | 1 |
| Ambarella, Inc. | 2.6B | 46 | 75 | 74 | 86 | 65 | 64 | 42 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.6B | 46 | 83 | 60 | 76 | 56 | 58 | 43 | 1 |
| Rambus Inc. | 2.4B | 43 | 83 | 41 | 95 | 54 | 48 | 44 | 1 |
| Canadian Solar Inc. | 2.0B | 91 | 54 | 59 | 62 | 62 | 59 | 45 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 76 | 68 | 84 | 71 | 73 | 81 | 46 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 94 | 61 | 78 | 79 | 86 | 88 | 47 | 1 |
| Impinj, Inc. | 1.4B | 63 | 68 | 79 | 39 | 92 | 72 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 56 | 78 | 69 | 48 | 67 | 63 | 49 | 1 |
| Cohu, Inc. | 1.3B | 53 | 82 | 57 | 59 | 58 | 58 | 50 | 1 |
| Photronics, Inc. | 1.2B | 53 | 85 | 66 | 76 | 66 | 69 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.0B | 89 | 63 | 75 | 95 | 82 | 86 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 84 | 71 | 41 | 78 | 47 | 58 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 929.5M | 89 | 63 | 68 | 87 | 67 | 77 | 54 | 1 |
| PDF Solutions, Inc. | 808.6M | 54 | 81 | 63 | 90 | 51 | 63 | 55 | 1 |
| CEVA, Inc. | 778.5M | 81 | 74 | 60 | 87 | 60 | 73 | 56 | 1 |
| Ichor Holdings, Ltd. | 754.1M | 59 | 76 | 66 | 38 | 63 | 60 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 575.9M | 87 | 68 | 40 | 78 | 38 | 53 | 58 | 1 |
| Enphase Energy, Inc. | 25.7B | 89 | 60 | 39 | 97 | 56 | 58 | 59 | 1 |
| Wolfspeed, Inc. | 8.2B | 96 | 63 | 59 | 97 | 55 | 74 | 60 | 1 |
| Daqo New Energy Corp. | 5.0B | 91 | 62 | 81 | 95 | 93 | 93 | 61 | 1 |
| SiTime Corporation | 3.6B | 57 | 67 | 66 | 73 | 64 | 59 | 62 | 1 |
| Onto Innovation Inc. | 3.6B | 83 | 70 | 67 | 72 | 73 | 78 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.2B | 86 | 62 | 77 | 94 | 94 | 89 | 64 | 1 |
| Camtek Ltd. | 1.1B | 63 | 61 | 82 | 37 | 90 | 66 | 65 | 1 |
| ACM Research, Inc. | 917.6M | 87 | 57 | 51 | 43 | 50 | 52 | 66 | 1 |
| NeoPhotonics Corporation | 838.5M | 89 | 66 | 49 | 72 | 64 | 66 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 60 | 93 | 47 | 85 | 74 | 72 | 68 | 1 |
| indie Semiconductor, Inc. | 720.1M | 48 | 54 | 72 | 56 | 55 | 44 | 69 | 1 |
| Magnachip Semiconductor Corporation | 667.1M | 56 | 78 | 79 | 72 | 72 | 74 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 77 | 53 | 73 | 92 | 79 | 72 | 71 | 1 |
| Navitas Semiconductor Corporation | 533.1M | 37 | 80 | 80 | 62 | 79 | 67 | 72 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 60 | 71 | 61 | 60 | 69 | 56 | 73 | 1 |
| Rigetti Computing, Inc. | 413.5M | 93 | 62 | 85 | 99 | 98 | 98 | 74 | 1 |
| Meta Materials Inc. | 396.9M | 51 | 78 | 42 | 41 | 51 | 42 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 65 | 78 | 79 | 85 | 52 | 65 | 76 | 1 |
| Valens Semiconductor Ltd. | 357.2M | 92 | 70 | 66 | 45 | 72 | 75 | 77 | 1 |
| Rockley Photonics Holdings Limited | 305.7M | 49 | 82 | 40 | 37 | 52 | 42 | 78 | 1 |
| CyberOptics Corporation | 272.8M | 71 | 66 | 72 | 64 | 86 | 75 | 79 | 1 |
| Transphorm, Inc. | 255.8M | 41 | 86 | 39 | 47 | 54 | 45 | 80 | 1 |
Income Statement Analysis
Himax appears likely to maintain its strong income statement metrics and momentum going forward. Himax reported impressive EBITDA this period. At filing, EBITDA was reported as 623.6, representing 10.1% change from the previous period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 17.7%. The company is headed in the right direction regarding EBITDA, exhibiting efficient capital controls and strong overall financial performance. The company's EBITDA movement, therefore, received a grade of 84. Also, Return factors metrics and ratios were exceptional in this report. Himax reported a return on equity (ROE) ratio of 62.7, representing a change of -2.0% from the last report. These numbers show that management has successfully encouraged growth while managing ROE and ROA metrics, especially relative to their peers. Consequently, their return factors received a grade of 66. On the other hand, Revenue Efficiency, jumped out as looking rather underwhelming. Himax's revenue efficiency metrics look especially concerning this period, highlighting issues management is having controlling and reducing expenses while increasing earnings. This metric might have a 15.7 percent impact on companies in the same industry and with the same market capitalization. Its uninspiring revenue efficiency is even more concerning relative to its peers and competitors in the current market. As a result, their revenue efficiency earned a score of 53. Therefore, it received a score of 70.
| Parameter | Value | Change | Score |
|---|---|---|---|
| EBITDA | 623.6 | 10.1% | 84 |
| Total Revenues | 1,650.9 | 6.7% | 53 |
| Return on Equity | 62.7 | -2.0% | 66 |
The below chart describes Himax's performance as reflected on its income statement with respect to its peers. While Himax received a income statement score of 70 , the average of its peers stands on 70.0.
- HIMX
- Peers average
| Name | Market Cap | Revenue Momentum | Earning Movement | Return Factors Momentum | Income Statement | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 400.2B | 46 | 83 | 67 | 63 | 0 | 1 |
| Intel Corporation | 154.5B | 90 | 55 | 74 | 76 | 1 | 1 |
| QUALCOMM Incorporated | 147.4B | 48 | 87 | 78 | 66 | 2 | 1 |
| Texas Instruments Incorporated | 142.2B | 69 | 78 | 70 | 74 | 3 | 1 |
| Advanced Micro Devices, Inc. | 130.9B | 40 | 89 | 38 | 59 | 4 | 1 |
| Broadcom Inc. | 102.5B | 59 | 80 | 90 | 71 | 5 | 1 |
| Applied Materials, Inc. | 82.7B | 72 | 68 | 73 | 72 | 6 | 1 |
| Analog Devices, Inc. | 77.2B | 40 | 91 | 92 | 65 | 7 | 1 |
| Micron Technology, Inc. | 64.6B | 59 | 87 | 90 | 74 | 8 | 1 |
| Lam Research Corporation | 60.8B | 80 | 64 | 75 | 74 | 9 | 1 |
| KLA Corporation | 49.3B | 56 | 77 | 76 | 67 | 10 | 1 |
| NXP Semiconductors N.V. | 40.5B | 59 | 79 | 90 | 71 | 11 | 1 |
| Marvell Technology, Inc. | 38.5B | 41 | 89 | 87 | 64 | 12 | 1 |
| Microchip Technology Incorporated | 33.0B | 57 | 83 | 92 | 71 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 23.9B | 50 | 92 | 86 | 70 | 14 | 1 |
| ON Semiconductor Corporation | 22.9B | 53 | 92 | 94 | 73 | 15 | 1 |
| Monolithic Power Systems, Inc. | 18.5B | 45 | 90 | 83 | 66 | 16 | 1 |
| Skyworks Solutions, Inc. | 15.5B | 69 | 71 | 63 | 70 | 17 | 1 |
| SolarEdge Technologies, Inc. | 15.5B | 41 | 70 | 48 | 53 | 18 | 1 |
| Teradyne, Inc. | 15.3B | 88 | 57 | 62 | 75 | 19 | 1 |
| Entegris, Inc. | 14.1B | 56 | 80 | 80 | 69 | 20 | 1 |
| Qorvo, Inc. | 10.2B | 76 | 65 | 63 | 72 | 21 | 1 |
| First Solar, Inc. | 7.2B | 98 | 43 | 40 | 73 | 22 | 1 |
| Lattice Semiconductor Corporation | 6.8B | 54 | 88 | 89 | 71 | 23 | 1 |
| MKS Instruments, Inc. | 5.8B | 78 | 67 | 65 | 74 | 24 | 1 |
| Silicon Laboratories Inc. | 5.3B | 44 | 96 | 98 | 70 | 25 | 1 |
| Universal Display Corporation | 5.2B | 71 | 64 | 61 | 68 | 26 | 1 |
| CMC Materials, Inc. | 5.1B | 72 | 75 | 93 | 76 | 27 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 63 | 87 | 82 | 79 | 28 | 1 |
| Synaptics Incorporated | 4.9B | 45 | 91 | 90 | 68 | 29 | 1 |
| Power Integrations, Inc. | 4.4B | 80 | 76 | 82 | 80 | 30 | 1 |
| Amkor Technology, Inc. | 4.2B | 63 | 76 | 77 | 70 | 31 | 1 |
| Cirrus Logic, Inc. | 4.1B | 42 | 92 | 93 | 67 | 32 | 1 |
| Allegro MicroSystems, Inc. | 4.0B | 68 | 48 | 69 | 61 | 33 | 1 |
| Semtech Corporation | 3.5B | 64 | 84 | 87 | 75 | 34 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.3B | 74 | 77 | 72 | 76 | 35 | 1 |
| FormFactor, Inc. | 3.1B | 79 | 76 | 83 | 80 | 36 | 1 |
| Diodes Incorporated | 3.0B | 66 | 83 | 86 | 76 | 37 | 1 |
| SunPower Corporation | 3.0B | 49 | 43 | 74 | 49 | 38 | 1 |
| Silicon Motion Technology Corporation | 2.8B | 54 | 83 | 78 | 72 | 39 | 1 |
| MaxLinear, Inc. | 2.7B | 56 | 92 | 96 | 75 | 40 | 1 |
| Nova Ltd. | 2.7B | 41 | 89 | 78 | 69 | 41 | 1 |
| Ambarella, Inc. | 2.6B | 56 | 89 | 79 | 72 | 42 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.6B | 73 | 82 | 85 | 79 | 43 | 1 |
| Rambus Inc. | 2.4B | 48 | 86 | 60 | 64 | 44 | 1 |
| Canadian Solar Inc. | 2.0B | 73 | 76 | 53 | 72 | 45 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 44 | 91 | 91 | 67 | 46 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 38 | 88 | 61 | 60 | 47 | 1 |
| Impinj, Inc. | 1.4B | 64 | 53 | 51 | 59 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 53 | 73 | 71 | 63 | 49 | 1 |
| Cohu, Inc. | 1.3B | 92 | 53 | 49 | 75 | 50 | 1 |
| Photronics, Inc. | 1.2B | 55 | 86 | 92 | 71 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.0B | 48 | 87 | 66 | 65 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 66 | 84 | 91 | 76 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 929.5M | 62 | 75 | 76 | 69 | 54 | 1 |
| PDF Solutions, Inc. | 808.6M | 49 | 95 | 88 | 71 | 55 | 1 |
| CEVA, Inc. | 778.5M | 51 | 90 | 97 | 71 | 56 | 1 |
| Ichor Holdings, Ltd. | 754.1M | 72 | 60 | 54 | 67 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 575.9M | 50 | 49 | 60 | 49 | 58 | 1 |
| Enphase Energy, Inc. | 25.7B | 45 | 74 | 55 | 57 | 59 | 1 |
| Wolfspeed, Inc. | 8.2B | 49 | 90 | 86 | 69 | 60 | 1 |
| Daqo New Energy Corp. | 5.0B | 37 | 95 | 94 | 65 | 61 | 1 |
| SiTime Corporation | 3.6B | 40 | 93 | 78 | 64 | 62 | 1 |
| Onto Innovation Inc. | 3.6B | 47 | 87 | 89 | 67 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.2B | 38 | 89 | 82 | 62 | 64 | 1 |
| Camtek Ltd. | 1.1B | 50 | 81 | 71 | 68 | 65 | 1 |
| ACM Research, Inc. | 917.6M | 88 | 43 | 42 | 67 | 66 | 1 |
| NeoPhotonics Corporation | 838.5M | 45 | 95 | 90 | 69 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 90 | 59 | 63 | 70 | 68 | 1 |
| indie Semiconductor, Inc. | 720.1M | 37 | 46 | 71 | 43 | 69 | 1 |
| Magnachip Semiconductor Corporation | 667.1M | 94 | 80 | 88 | 90 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 68 | 68 | 58 | 67 | 71 | 1 |
| Navitas Semiconductor Corporation | 533.1M | 56 | 44 | 74 | 53 | 72 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 87 | 49 | 76 | 66 | 73 | 1 |
| Rigetti Computing, Inc. | 413.5M | 92 | 43 | 69 | 72 | 74 | 1 |
| Meta Materials Inc. | 396.9M | 37 | 45 | 72 | 43 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 89 | 47 | 50 | 74 | 76 | 1 |
| Valens Semiconductor Ltd. | 357.2M | 41 | 86 | 65 | 65 | 77 | 1 |
| Rockley Photonics Holdings Limited | 305.7M | 97 | 50 | 85 | 79 | 78 | 1 |
| CyberOptics Corporation | 272.8M | 54 | 86 | 87 | 71 | 79 | 1 |
| Transphorm, Inc. | 255.8M | 37 | 81 | 97 | 68 | 80 | 1 |
Cash Flow Analysis
Overall, Himax's critical cash flow metrics appear to signal strong support and a high likelihood of positive growth going forward. Himax is doing a remarkable job of keeping its asset turnover under control. At filing, their asset turnover metrics were 1.2, representing a -3.9% change from the previous period. This metric might have a 2.2 percent impact on companies in the same industry and with the same market capitalization. Their impressive asset turnover metrics, specifically in contrast to their industry peers' performance, should support a tailwind in the company's stock price. Correspondingly, their asset turnover movement received a grade of 77. Also, Free cash flow numbers published by Himax were 2.2, which was a 2.6% change from the previous filing. This parameter coud affect companies in the same industry and market capitalization by up to 4.8%. These free cash flow numbers show that management has executed well while generating cash flow and encouraging growth. Therefore, its free cash flow movement earned a score of 77. However, one discouraging result, Capital Expenditure, stood out. Himax's management did not a remarkable job this period managing capital expenditures (CapEx). In terms of the raw numbers, CapEx was reported as -9.1, which represents a -20.8% change from the last period. They appears to be headed in the wrong direction regarding resource allocation, exhibiting prudent capital expenditure growth compared to its peers. Its CapEx movement, therefore, received a grade of 48. Therefore, their cash flow earned a grade of 66.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Net Cashflow | 150.6 | -0.3% | 66 |
| Capital Expenditure | -9.1 | -20.8% | 48 |
| Asset Turnover | 1.2 | -3.9% | 77 |
| Free Cashflow | 2.2 | 2.6% | 77 |
The below chart describes Himax's performance as reflected on its cash flow with respect to its peers. While Himax received a cash flow score of 66, the average of its peers stands on 68.0.
- HIMX
- Peers average
| Name | Market Cap | Cashflow Momentum | Free Cashflow Growth | Capital Expenditure Growth | Assets Factors Momentum | Cash Flow | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 400.2B | 93 | 65 | 61 | 86 | 82 | 0 | 1 |
| Intel Corporation | 154.5B | 58 | 72 | 68 | 53 | 58 | 1 | 1 |
| QUALCOMM Incorporated | 147.4B | 65 | 65 | 70 | 87 | 77 | 2 | 1 |
| Texas Instruments Incorporated | 142.2B | 74 | 74 | 63 | 69 | 70 | 3 | 1 |
| Advanced Micro Devices, Inc. | 130.9B | 93 | 66 | 69 | 37 | 57 | 4 | 1 |
| Broadcom Inc. | 102.5B | 75 | 76 | 87 | 89 | 85 | 5 | 1 |
| Applied Materials, Inc. | 82.7B | 75 | 59 | 69 | 72 | 69 | 6 | 1 |
| Analog Devices, Inc. | 77.2B | 78 | 76 | 51 | 94 | 84 | 7 | 1 |
| Micron Technology, Inc. | 64.6B | 81 | 85 | 81 | 74 | 80 | 8 | 1 |
| Lam Research Corporation | 60.8B | 72 | 60 | 56 | 75 | 69 | 9 | 1 |
| KLA Corporation | 49.3B | 70 | 76 | 52 | 79 | 74 | 10 | 1 |
| NXP Semiconductors N.V. | 40.5B | 59 | 72 | 51 | 85 | 73 | 11 | 1 |
| Marvell Technology, Inc. | 38.5B | 94 | 84 | 58 | 46 | 65 | 12 | 1 |
| Microchip Technology Incorporated | 33.0B | 80 | 79 | 48 | 84 | 79 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 23.9B | 54 | 86 | 45 | 64 | 63 | 14 | 1 |
| ON Semiconductor Corporation | 22.9B | 60 | 79 | 55 | 74 | 70 | 15 | 1 |
| Monolithic Power Systems, Inc. | 18.5B | 84 | 78 | 59 | 74 | 77 | 16 | 1 |
| Skyworks Solutions, Inc. | 15.5B | 78 | 57 | 79 | 73 | 71 | 17 | 1 |
| SolarEdge Technologies, Inc. | 15.5B | 46 | 38 | 55 | 52 | 43 | 18 | 1 |
| Teradyne, Inc. | 15.3B | 75 | 65 | 66 | 68 | 68 | 19 | 1 |
| Entegris, Inc. | 14.1B | 61 | 57 | 50 | 76 | 65 | 20 | 1 |
| Qorvo, Inc. | 10.2B | 78 | 65 | 87 | 71 | 73 | 21 | 1 |
| First Solar, Inc. | 7.2B | 47 | 85 | 56 | 46 | 53 | 22 | 1 |
| Lattice Semiconductor Corporation | 6.8B | 79 | 77 | 43 | 82 | 77 | 23 | 1 |
| MKS Instruments, Inc. | 5.8B | 58 | 58 | 92 | 56 | 59 | 24 | 1 |
| Silicon Laboratories Inc. | 5.3B | 71 | 89 | 81 | 87 | 86 | 25 | 1 |
| Universal Display Corporation | 5.2B | 75 | 81 | 68 | 65 | 71 | 26 | 1 |
| CMC Materials, Inc. | 5.1B | 72 | 66 | 68 | 80 | 74 | 27 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 76 | 57 | 55 | 59 | 68 | 28 | 1 |
| Synaptics Incorporated | 4.9B | 85 | 62 | 98 | 55 | 66 | 29 | 1 |
| Power Integrations, Inc. | 4.4B | 88 | 77 | 64 | 82 | 82 | 30 | 1 |
| Amkor Technology, Inc. | 4.2B | 46 | 57 | 62 | 71 | 60 | 31 | 1 |
| Cirrus Logic, Inc. | 4.1B | 83 | 98 | 61 | 90 | 90 | 32 | 1 |
| Allegro MicroSystems, Inc. | 4.0B | 56 | 56 | 77 | 56 | 56 | 33 | 1 |
| Semtech Corporation | 3.5B | 79 | 78 | 58 | 79 | 77 | 34 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.3B | 46 | 78 | 54 | 78 | 68 | 35 | 1 |
| FormFactor, Inc. | 3.1B | 78 | 81 | 66 | 58 | 67 | 36 | 1 |
| Diodes Incorporated | 3.0B | 77 | 61 | 52 | 80 | 72 | 37 | 1 |
| SunPower Corporation | 3.0B | 84 | 41 | 39 | 93 | 74 | 38 | 1 |
| Silicon Motion Technology Corporation | 2.8B | 63 | 53 | 46 | 85 | 61 | 39 | 1 |
| MaxLinear, Inc. | 2.7B | 90 | 92 | 80 | 81 | 88 | 40 | 1 |
| Nova Ltd. | 2.7B | 58 | 53 | 39 | 58 | 54 | 41 | 1 |
| Ambarella, Inc. | 2.6B | 84 | 95 | 45 | 75 | 79 | 42 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.6B | 93 | 81 | 83 | 74 | 82 | 43 | 1 |
| Rambus Inc. | 2.4B | 96 | 73 | 89 | 88 | 89 | 44 | 1 |
| Canadian Solar Inc. | 2.0B | 69 | 70 | 74 | 66 | 71 | 45 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 81 | 77 | 68 | 84 | 82 | 46 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 60 | 85 | 37 | 43 | 53 | 47 | 1 |
| Impinj, Inc. | 1.4B | 70 | 38 | 85 | 73 | 65 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 68 | 41 | 41 | 76 | 61 | 49 | 1 |
| Cohu, Inc. | 1.3B | 92 | 62 | 71 | 44 | 59 | 50 | 1 |
| Photronics, Inc. | 1.2B | 65 | 92 | 96 | 79 | 82 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.0B | 48 | 85 | 95 | 53 | 62 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 74 | 82 | 48 | 69 | 71 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 929.5M | 49 | 64 | 45 | 60 | 54 | 54 | 1 |
| PDF Solutions, Inc. | 808.6M | 81 | 98 | 45 | 92 | 89 | 55 | 1 |
| CEVA, Inc. | 778.5M | 57 | 54 | 84 | 83 | 71 | 56 | 1 |
| Ichor Holdings, Ltd. | 754.1M | 51 | 37 | 87 | 70 | 58 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 575.9M | 87 | 90 | 59 | 88 | 84 | 58 | 1 |
| Enphase Energy, Inc. | 25.7B | 89 | 77 | 64 | 41 | 60 | 59 | 1 |
| Wolfspeed, Inc. | 8.2B | 57 | 74 | 76 | 46 | 55 | 60 | 1 |
| Daqo New Energy Corp. | 5.0B | 78 | 86 | 63 | 96 | 89 | 61 | 1 |
| SiTime Corporation | 3.6B | 83 | 87 | 56 | 44 | 62 | 62 | 1 |
| Onto Innovation Inc. | 3.6B | 94 | 65 | 88 | 85 | 85 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.2B | 68 | 69 | 73 | 78 | 74 | 64 | 1 |
| Camtek Ltd. | 1.1B | 69 | 70 | 74 | 72 | 71 | 65 | 1 |
| ACM Research, Inc. | 917.6M | 61 | 43 | 50 | 54 | 50 | 66 | 1 |
| NeoPhotonics Corporation | 838.5M | 50 | 63 | 67 | 87 | 71 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 64 | 63 | 74 | 73 | 68 | 68 | 1 |
| indie Semiconductor, Inc. | 720.1M | 69 | 80 | 52 | 98 | 85 | 69 | 1 |
| Magnachip Semiconductor Corporation | 667.1M | 65 | 56 | 76 | 54 | 57 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 65 | 69 | 68 | 82 | 75 | 71 | 1 |
| Navitas Semiconductor Corporation | 533.1M | 70 | 87 | 94 | 93 | 90 | 72 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 66 | 64 | 68 | 94 | 73 | 73 | 1 |
| Rigetti Computing, Inc. | 413.5M | 48 | 76 | 51 | 60 | 58 | 74 | 1 |
| Meta Materials Inc. | 396.9M | 85 | 56 | 68 | 97 | 84 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 75 | 62 | 63 | 56 | 61 | 76 | 1 |
| Valens Semiconductor Ltd. | 357.2M | 53 | 89 | 90 | 47 | 66 | 77 | 1 |
| Rockley Photonics Holdings Limited | 305.7M | 79 | 72 | 66 | 47 | 60 | 78 | 1 |
| CyberOptics Corporation | 272.8M | 49 | 74 | 89 | 77 | 72 | 79 | 1 |
| Transphorm, Inc. | 255.8M | 81 | 88 | 96 | 95 | 88 | 80 | 1 |
This report is intended for general guidance and information purposes only and under no circumstances is tailored to a specific factor or variable related to its reader or intended to be used or considered as financial or investment advice, a solicitation of any offer, a recommendation, or an offer to sell or buy any securities or other form of a financial asset. For the full disclaimer, click here.