MagnaChip Income Statement Research

MX Stock  USD 5.58  0.03  0.54%   
Most accounts from MagnaChip Semiconductor's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MagnaChip Semiconductor current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out MagnaChip Semiconductor Valuation and MagnaChip Semiconductor Correlation analysis.
For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.
  
At this time, MagnaChip Semiconductor's Other Operating Expenses is fairly stable compared to the past year. Research Development is likely to rise to about 65.2 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 15.8 M in 2024.
Most accounts from MagnaChip Semiconductor's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MagnaChip Semiconductor current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out MagnaChip Semiconductor Valuation and MagnaChip Semiconductor Correlation analysis.
For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.At this time, MagnaChip Semiconductor's Other Operating Expenses is fairly stable compared to the past year. Research Development is likely to rise to about 65.2 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 15.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit153.5M101.3M48.2M45.8M
Total Revenue474.2M337.7M226.6M215.3M

MagnaChip Semiconductor income statement Correlations

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0.570.830.770.740.560.580.570.720.80.540.350.080.34-0.080.610.25-0.270.03-0.49-0.320.68-0.770.480.690.13
0.610.830.890.910.560.580.80.750.990.770.30.050.240.120.790.15-0.16-0.11-0.66-0.20.86-0.830.660.81-0.08
0.390.770.890.690.850.860.570.730.80.550.630.220.57-0.010.510.49-0.120.17-0.69-0.120.76-0.760.690.68-0.08
0.660.740.910.690.310.320.920.660.940.880.090.00.040.160.9-0.05-0.16-0.2-0.53-0.20.84-0.710.360.82-0.17
0.220.560.560.850.310.990.10.670.440.050.870.350.82-0.120.070.790.040.39-0.550.00.32-0.490.530.290.08
0.220.580.580.860.320.990.120.670.450.070.850.320.8-0.110.070.760.060.36-0.55-0.030.36-0.490.540.30.07
0.540.570.80.570.920.10.120.470.840.97-0.1-0.06-0.150.220.9-0.24-0.14-0.26-0.38-0.120.89-0.570.270.83-0.4
0.870.720.750.730.660.670.670.470.720.350.580.350.50.10.570.430.010.06-0.39-0.160.45-0.40.390.330.0
0.660.80.990.80.940.440.450.840.720.810.18-0.010.120.160.840.03-0.16-0.19-0.62-0.220.86-0.810.620.82-0.08
0.420.540.770.550.880.050.070.970.350.81-0.13-0.03-0.170.180.92-0.24-0.33-0.21-0.44-0.10.88-0.620.330.85-0.37
0.20.350.30.630.090.870.85-0.10.580.18-0.130.740.96-0.21-0.020.94-0.050.72-0.290.080.06-0.180.28-0.010.05
0.250.080.050.220.00.350.32-0.060.35-0.01-0.030.740.72-0.20.150.7-0.310.830.060.12-0.080.12-0.06-0.17-0.09
0.130.340.240.570.040.820.8-0.150.50.12-0.170.960.72-0.47-0.070.98-0.010.77-0.23-0.10.05-0.180.23-0.050.21
0.2-0.080.12-0.010.16-0.12-0.110.220.10.160.18-0.21-0.2-0.470.18-0.48-0.13-0.43-0.120.640.030.050.110.14-0.59
0.70.610.790.510.90.070.070.90.570.840.92-0.020.15-0.070.18-0.15-0.38-0.17-0.39-0.140.75-0.540.30.7-0.27
0.070.250.150.49-0.050.790.76-0.240.430.03-0.240.940.70.98-0.48-0.15-0.040.77-0.16-0.06-0.04-0.110.15-0.10.2
-0.03-0.27-0.16-0.12-0.160.040.06-0.140.01-0.16-0.33-0.05-0.31-0.01-0.13-0.38-0.04-0.280.17-0.12-0.180.31-0.18-0.290.1
-0.150.03-0.110.17-0.20.390.36-0.260.06-0.19-0.210.720.830.77-0.43-0.170.77-0.280.080.04-0.150.05-0.08-0.140.06
-0.16-0.49-0.66-0.69-0.53-0.55-0.55-0.38-0.39-0.62-0.44-0.290.06-0.23-0.12-0.39-0.160.170.080.12-0.520.73-0.8-0.46-0.14
-0.19-0.32-0.2-0.12-0.20.0-0.03-0.12-0.16-0.22-0.10.080.12-0.10.64-0.14-0.06-0.120.040.12-0.290.31-0.12-0.03-0.77
0.360.680.860.760.840.320.360.890.450.860.880.06-0.080.050.030.75-0.04-0.18-0.15-0.52-0.29-0.770.510.87-0.19
-0.2-0.77-0.83-0.76-0.71-0.49-0.49-0.57-0.4-0.81-0.62-0.180.12-0.180.05-0.54-0.110.310.050.730.31-0.77-0.72-0.82-0.21
0.150.480.660.690.360.530.540.270.390.620.330.28-0.060.230.110.30.15-0.18-0.08-0.8-0.120.51-0.720.430.14
0.240.690.810.680.820.290.30.830.330.820.85-0.01-0.17-0.050.140.7-0.1-0.29-0.14-0.46-0.030.87-0.820.43-0.3
-0.050.13-0.08-0.08-0.170.080.07-0.40.0-0.08-0.370.05-0.090.21-0.59-0.270.20.10.06-0.14-0.77-0.19-0.210.14-0.3
Click cells to compare fundamentals

MagnaChip Semiconductor Account Relationship Matchups

MagnaChip Semiconductor income statement Accounts

201920202021202220232024 (projected)
Interest Expense22.6M18.1M1.4M1.2M828K786.6K
Total Revenue792.2M507.1M474.2M337.7M226.6M215.3M
Gross Profit180.6M128.3M153.5M101.3M48.2M45.8M
Operating Income36.6M27.0M53.7M1.3M(51.8M)(49.3M)
Ebit36.6M27.0M53.7M1.3M(51.8M)(49.3M)
Research Development75.4M45.7M51.2M52.3M51.6M65.2M
Ebitda69.3M52.2M67.9M16.3M(35.2M)(33.4M)
Cost Of Revenue611.6M378.7M320.7M236.4M178.4M169.5M
Income Before Tax(17.1M)10.8M74.0M(2.9M)(47.6M)(45.2M)
Net Income(21.8M)57.1M56.7M(8.0M)(36.6M)(34.8M)
Income Tax Expense4.7M(46.2M)17.3M5.2M(10.9M)(10.4M)
Tax Provision4.7M(46.2M)17.3M5.2M(2.1M)(2.2M)
Interest Income44.8M18.5M13.2M6.0M10.3M9.8M
Net Interest Income(22.6M)(18.1M)(1.4M)4.8M9.4M9.9M

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When determining whether MagnaChip Semiconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MagnaChip Semiconductor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magnachip Semiconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnachip Semiconductor Stock:
Check out MagnaChip Semiconductor Valuation and MagnaChip Semiconductor Correlation analysis.
For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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Is MagnaChip Semiconductor's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MagnaChip Semiconductor. If investors know MagnaChip will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MagnaChip Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.95)
Earnings Share
(0.89)
Revenue Per Share
5.609
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.06)
The market value of MagnaChip Semiconductor is measured differently than its book value, which is the value of MagnaChip that is recorded on the company's balance sheet. Investors also form their own opinion of MagnaChip Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is MagnaChip Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MagnaChip Semiconductor's market value can be influenced by many factors that don't directly affect MagnaChip Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MagnaChip Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if MagnaChip Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MagnaChip Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.