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Acm Research Inc

Technology US ACMR

15.405USD
0.24(1.62%)

Last update at 2024-12-19T18:52:00Z

Day Range

15.2015.89
LowHigh

52 Week Range

13.8734.40
LowHigh

Fundamentals

  • Previous Close 15.16
  • Market Cap1003.30M
  • Volume1040079
  • P/E Ratio12.05
  • Dividend Yield-%
  • EBITDA139.67M
  • Revenue TTM728.97M
  • Revenue Per Share TTM11.81
  • Gross Profit TTM 183.62M
  • Diluted EPS TTM1.33

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 67.36M 43.05M 19.30M 18.94M 7.38M
Minority interest 11.30M 5.16M 2.90M 60.16M 60.16M
Net income 39.26M 37.76M 18.78M 18.89M 6.57M
Selling general administrative 22.46M 15.21M 12.21M 8.06M 7.99M
Selling and marketing expenses 39.89M 26.73M 16.77M 11.90M 9.61M
Gross profit 183.62M 114.86M 69.60M 50.65M 34.45M
Reconciled depreciation 5.37M 2.35M 1.05M 0.79M 0.42M
Ebit 59.03M 38.70M 6.65M 17.79M 6.47M
Ebitda 75.76M 43.21M 7.70M 19.68M 7.88M
Depreciation and amortization 16.72M 4.51M 1.05M 1.89M 1.41M
Non operating income net other 8.87M 5.12M 10.75M 1.89M 0.15M
Operating income 59.03M 38.70M 6.65M 17.79M 6.47M
Other operating expenses 329.80M 221.05M 135.13M 89.73M 68.17M
Interest expense 1.66M 0.77M 0.98M 0.74M 0.50M
Tax provision 16.80M 0.13M -2.38200M -0.51800M 0.81M
Interest income 8.74M 0.51M 0.90M 0.33M 0.03M
Net interest income 7.08M -0.26000M -0.08500M -0.41200M -0.46900M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 16.80M 0.13M -2.38200M -0.51800M 0.81M
Total revenue 388.83M 259.75M 156.62M 107.52M 74.64M
Total operating expenses 124.58M 76.15M 48.11M 32.86M 27.98M
Cost of revenue 205.22M 144.90M 87.03M 56.87M 40.19M
Total other income expense net 8.33M 4.35M 12.65M 1.15M 0.91M
Discontinued operations - - - - -
Net income from continuing ops 48.71M 42.92M 21.68M 19.46M 6.57M
Net income applicable to common shares 39.26M 37.76M 18.78M 18.89M 6.57M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 1490.91M 1235.50M 1052.18M 341.26M 217.70M
Intangible assets 10.90M 9.95M 10.14M 10.20M 0.34M
Earning assets - - - - -
Other current assets 20.02M 19.43M 16.64M 5.89M 61.65M
Total liab 559.90M 423.33M 240.51M 133.09M 120.38M
Total stockholder equity 767.39M 674.86M 676.20M 141.15M 97.32M
Deferred long term liab - - 1.30M 1.29M -
Other current liab 121.50M 76.82M 34.27M 18.84M 16.00M
Common stock 0.00700M 0.00600M 0.00200M 0.00200M 0.00200M
Capital stock 0.00700M 0.00600M 0.00200M 0.00200M 0.00200M
Retained earnings 156.83M 94.43M 72.04M 34.29M 15.51M
Other liab - 7.32M 9.75M 9.32M 4.19M
Good will - - - - -
Other assets - 56.97M 58.18M 71.86M 5.52M
Cash 183.17M 247.95M 563.07M 71.77M 58.26M
Cash and equivalents - - - - -
Total current liabilities 500.66M 396.21M 205.94M 102.91M 53.50M
Current deferred revenue 185.06M 157.95M 56.00M 19.23M 9.13M
Net debt -84.07700M -168.44900M -523.92700M -21.66900M -40.62100M
Short term debt 40.88M 59.71M 14.31M 29.24M 15.11M
Short long term debt 38.12M 58.33M 12.00M 27.82M 13.75M
Short long term debt total 99.10M 79.50M 39.14M 50.10M 17.64M
Other stockholder equity 629.84M 604.09M 595.05M 102.00M 83.49M
Property plant equipment - 82.88M 18.22M 8.19M 7.51M
Total current assets 1176.11M 963.81M 952.93M 260.66M 198.40M
Long term investments 68.70M 17.46M 12.69M 6.34M 5.93M
Net tangible assets - 664.91M 666.06M 130.95M 96.98M
Short term investments 101.84M 90.70M 29.50M 28.24M -
Net receivables 325.68M 212.55M 125.61M 66.12M 33.69M
Long term debt 53.95M 18.69M 22.96M 17.98M -
Inventory 545.39M 393.17M 218.12M 88.64M 44.80M
Accounts payable 153.22M 101.73M 101.35M 35.60M 13.26M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 137.31M 135.46M 67.02M -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -19.28900M -23.66500M 9.11M 4.86M -1.67500M
Additional paid in capital - - - - -
Common stock total equity - 0.00600M 0.00200M 0.00200M 0.00200M
Preferred stock total equity - - - - -
Retained earnings total equity - 94.43M 72.04M 34.29M 15.51M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 46.87M 50.27M 45.02M 40.50M 0.19M
Deferred long term asset charges - - - - -
Non current assets total 314.80M 271.69M 99.25M 80.60M 19.31M
Capital lease obligations 7.03M 2.49M 4.18M 4.30M 3.89M
Long term debt total - 18.69M 22.96M 17.98M -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -0.70200M -1.56800M -14.46500M -4.40600M -2.07100M
Change to liabilities 42.77M 79.48M 28.27M 1.44M 22.90M
Total cashflows from investing activities -265.67000M -11.28000M -69.95000M -5.53100M -2.07100M
Net borrowings 46.78M -9.86900M 30.22M 4.42M 4.59M
Total cash from financing activities 45.87M 538.77M 32.83M 87.44M 5.12M
Change to operating activities 17.47M 24.34M 6.79M 3.90M 9.31M
Net income 50.56M 42.92M 21.68M 19.46M 6.57M
Change in cash -314.61600M 491.30M -46.09300M 90.73M 9.44M
Begin period cash flow 563.07M 71.77M 117.86M 27.12M 17.68M
End period cash flow 248.45M 563.07M 71.77M 117.86M 27.12M
Total cash from operating activities -62.19400M -40.09300M -13.54700M 9.40M 6.91M
Issuance of capital stock - 0.00000M 0.00000M 86.11M 0.00000M
Depreciation 5.37M 2.35M 1.05M 0.79M 0.42M
Other cashflows from investing activities -173.87400M -0.55900M -50.27400M -0.15400M -0.24100M
Dividends paid - - 0.56M 18.74M -
Change to inventory -193.31400M -127.65600M -40.76800M -6.65800M -24.08300M
Change to account receivables -88.65500M -47.62400M -22.08500M -6.96100M 0.88M
Sale purchase of stock 1.31M 5.25M 2.75M -2.82700M 0.53M
Other cashflows from financing activities 56.00M 580.70M 55.57M 36.90M 18.25M
Change to netincome 13.82M -1.96700M -11.66100M -0.02100M 2.83M
Capital expenditures 92.52M 9.71M 55.48M 1.12M 2.07M
Change receivables -95.98600M -56.04400M -28.96700M -6.07000M -0.28800M
Cash flows other operating 114.58M 20.82M 16.84M 0.47M -1.45000M
Exchange rate changes - - - - -0.51800M
Cash and cash equivalents changes -281.99300M 487.39M -50.66300M 91.32M 9.44M
Change in working capital -131.94200M -83.40000M -36.58200M -10.82200M -2.91700M
Stock based compensation 7.73M 5.12M 5.63M 3.57M 3.36M
Other non cash items 2.06M -5.24400M -1.24000M 0.13M -0.12300M
Free cash flow -154.71400M -49.80500M -69.03200M 8.28M 4.84M

Peer Comparison

Sector: Technology Industry: Semiconductor Equipment & Materials

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ACMR
Acm Research Inc
0.24 1.62% 15.40 12.05 8.32 1.38 1.05 1.01 4.77
ASML
ASML Holding NV ADR
-3.43 0.48% 716.06 49.01 44.05 13.98 26.27 13.85 38.25
ASMLF
ASML Holding NV
-2.94 0.41% 714.48 35.84 34.36 10.90 22.09 10.98 30.93
AMAT
Applied Materials Inc
-2.65 1.60% 162.80 19.53 17.73 5.16 7.46 5.10 15.75
LRCX
Lam Research Corp
-3.63 4.83% 71.57 35.59 26.25 8.76 15.26 8.72 27.97

Reports Covered

Stock Research & News

Profile

ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase shift technology for flat and patterned wafer surfaces, which employs alternating phases of megasonic waves to deliver megasonic energy in a uniform manner on a microscopic level; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes, which provides cleaning for 2D and 3D patterned wafers; Tahoe technology for delivering cleaning performance using less sulfuric acid and hydrogen peroxide; and electro-chemical plating technology for advanced metal plating. The company markets and sells its products under the SAPS, TEBO, ULTRA C, ULTRA Fn, Ultra ECP, Ultra ECP map, and Ultra ECP ap trademarks through direct sales force and third-party representatives. ACM Research, Inc. was incorporated in 1998 and is headquartered in Fremont, California.

Acm Research Inc

42307 Osgood Road, Fremont, CA, United States, 94539

Key Executives

Name Title Year Born
Dr. Hui Wang Ph.D. Founder, Chairman, CEO & Pres 1961
Mr. Mark A. McKechnie CFO, Exec. VP, Sec. & Treasurer 1967
Mr. Jian Wang VP of R&D - ACM Research (Shanghai), Inc. 1965
Mr. Jim Straus VP of Sales - North America NA
Mr. Sotheara Cheav VP of Manufacturing - ACM Research (Shanghai), Inc. 1952
Dr. Hui Wang Ph.D. Founder, Chairman, CEO & President 1961
Mr. Mark A. McKechnie CFO, Executive VP, Secretary & Treasurer 1967
Mr. Jim Straus Vice President of Sales - North America NA
Ms. Yi Lu Feng Chief Financial Officer of ACM Research (Shanghai), Inc. 1958
Mr. Jian Wang Chief Executive Officer and President of ACM Research (Shanghai), Inc. 1965

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