METAX INTEGRATED CIRCUITS (SHANGHAI) CO., LTD.

Income Statement MetaX Integrated Circuits (Shanghai) Co., Ltd.

Stocks

688802

CNE100007D90

Semiconductors

End-of-day quote Shanghai S.E. Other stock markets 09/06/2026			5-day change	1st Jan Change
704.98 ^CNY	+0.28%		+6.26%	+21.53%

05-25	Metax Integrated Circuits (Shanghai) signs strategic cooperation agreement with Marketingforce Management	RE
05-01	MetaX Integrated Circuits Narrows Q1 Loss as Revenue Jumps 75%	MT

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Published financial data: METAX INTEGRATED CIRCUITS (SHANGHAI) CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2022	2023	2024	2025
Revenues	426K	51.41M	742M	1.64B
Other Revenues, Total	-	1.61M	1.16M	-
Total Revenues	426K	53.02M	743M	1.64B
Cost of Goods Sold, Total	324K	19.68M	438M	833M
Gross Profit	103K	33.34M	305M	811M
Selling General & Admin Expenses, Total	142M	190M	703M	576M
Provision for Bad Debts	-	375K	6.13M	24.2M
R&D Expenses	648M	699M	901M	1.03B
Other Operating Expenses	19.67K	1.05M	1.03M	4.86M
Other Operating Expenses, Total	789M	890M	1.61B	1.63B
Operating Income	-789M	-856M	-1.31B	-821M
Interest Expense, Total	-1.67M	-3.15M	-11.83M	-10.22M
Interest And Investment Income	13.62M	14.24M	21.15M	84.94M
Net Interest Expenses	11.94M	11.1M	9.32M	74.71M
Currency Exchange Gains (Loss)	92.2K	753K	-18.68M	-1.56M
Other Non Operating Income (Expenses)	-2.17M	-6.12M	-51.89M	-4.54M
EBT, Excl. Unusual Items	-779M	-851M	-1.37B	-753M
Gain (Loss) On Sale Of Investments	434K	64.73K	192K	1M
Gain (Loss) On Sale Of Assets	-34.42K	1.43M	-17.37M	358K
Asset Writedown	-	-33.29M	-38.05M	-55.73M
Other Unusual Items	1.71M	11.43M	16.81M	27.7M
EBT, Incl. Unusual Items	-777M	-871M	-1.41B	-779M
Income Tax Expense	-191K	57.81K	3.54M	10.05M
Earnings From Continuing Operations	-777M	-871M	-1.41B	-789M
Net Income to Company	-777M	-871M	-1.41B	-789M
Net Income - (IS)	-777M	-871M	-1.41B	-789M
Net Income to Common Incl Extra Items	-777M	-871M	-1.41B	-789M
Net Income to Common Excl. Extra Items	-777M	-871M	-1.41B	-789M
Per Share Items
Net EPS - Basic	-	-	-7.01	-2.44
Basic EPS - Continuing Operations	-	-	-7.01	-2.44
Basic Weighted Average Shares Outstanding	-	-	201M	324M
Net EPS - Diluted	-	-	-7.01	-2.44
Diluted EPS - Continuing Operations	-	-	-7.01	-2.44
Diluted Weighted Average Shares Outstanding	-	-	201M	324M
Normalized Basic EPS	-	-	-4.25	-1.45
Normalized Diluted EPS	-	-	-4.25	-1.45
Payout Ratio	-0.02	-0.08	-0.55	-1.03
Supplemental Items
EBITDA	-703M	-735M	-1.15B	-698M
EBITA	-732M	-788M	-1.23B	-780M
EBIT	-789M	-856M	-1.31B	-821M
Total Revenues (As Reported)	426K	53.02M	743M	1.64B
Effective Tax Rate - (Ratio)	0.02	-0.01	-0.25	-1.29
Total Current Taxes	-	-	-	9.6M
Total Deferred Taxes	-	-	-	453K
Normalized Net Income	-487M	-532M	-854M	-470M
Interest on Long-Term Debt	1.74M	2.34M	3.67M	3.67M
Supplemental Operating Expense Items
Advertising Expense	10.71M	8.78M	6.68M	5.82M
Selling and Marketing Expenses	45.61M	62.89M	121M	204M
General and Administrative Expenses	96.08M	127M	582M	371M
Research And Development Expense From Footnotes	648M	699M	901M	1.03B
Stock-Based Comp., R&D Exp. (Total)	-	-	-	129M
Stock-Based Comp., S&M Exp. (Total)	-	-	-	16.29M
Stock-Based Comp., G&A Exp. (Total)	-	-	-	117M
Stock-Based Comp., Other (Total)	-	-	-	597M
Total Stock-Based Compensation	-	-	-	859M

Fiscal Period: December	2022	2023	2024	2025
Assets
Cash And Equivalents	230M	240M	1.03B	6.72B
Trading Asset Securities, Total	380M	400M	50.19M	2.64B
Total Cash And Short Term Investments	610M	640M	1.08B	9.36B
Accounts Receivable, Total	-	37.1M	479M	735M
Other Receivables	38.43M	38.6M	167M	201M
Total Receivables	38.43M	75.7M	647M	936M
Inventory	17.67M	187M	777M	1.5B
Other Current Assets, Total	76.34M	370M	922M	853M
Total Current Assets	742M	1.27B	3.43B	12.65B
Gross Property Plant And Equipment	185M	338M	413M	469M
Accumulated Depreciation	-63.83M	-124M	-175M	-260M
Net Property Plant And Equipment	121M	213M	238M	209M
Long-term Investments	-	-	5.13M	603M
Other Intangibles, Total	100M	97.45M	176M	151M
Deferred Tax Assets Long-Term	44.53K	11.72K	474K	446K
Deferred Charges Long-Term	15.32M	12.7M	8.79M	54.32M
Other Long-Term Assets, Total	65.96M	35.2M	36.2M	10.71M
Total Assets	1.04B	1.63B	3.89B	13.67B
Liabilities
Accounts Payable, Total	45.94M	72.75M	161M	35.98M
Accrued Expenses, Total	26.33M	69.82M	80.22M	155M
Short-term Borrowings	-	120M	495M	-
Current Portion of Leases	-	-	-	20.94M
Current Income Taxes Payable	-	93.9K	3M	3.13M
Unearned Revenue Current, Total	-	34.13M	134M	116M
Other Current Liabilities	40.13M	44.28M	48.26M	95.61M
Total Current Liabilities	112M	341M	921M	427M
Long-Term Leases	7.02M	75.88M	34.56M	39M
Unearned Revenue Non Current	800K	4.49M	14.18M	38.18M
Deferred Tax Liability Non Current	294K	225K	63.91K	489K
Other Non Current Liabilities	-	60.1K	1.74B	4.59M
Total Liabilities	121M	422M	2.71B	509M
Common Stock, Total	5.21M	6.17M	8.58M	400M
Additional Paid In Capital	2.08B	3.24B	1.99B	14.37B
Retained Earnings	-1.17B	-2.04B	-815M	-1.6B
Comprehensive Income and Other	-5.11K	77.13K	-523K	-1.32M
Total Common Equity	924M	1.21B	1.18B	13.17B
Total Equity	924M	1.21B	1.18B	13.17B
Total Liabilities And Equity	1.04B	1.63B	3.89B	13.67B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	-	8.58M	400M
ECS Total Common Shares Outstanding	-	-	8.58M	400M
Book Value / Share	-	-	137.26	32.91
Tangible Book Value	824M	1.11B	1B	13.01B
Tangible Book Value Per Share	-	-	116.78	32.53
Total Debt	7.02M	196M	529M	59.95M
Net Debt	-603M	-445M	-550M	-9.3B
Equity Method Investments, Total	-	-	-	1.2M
Account Code - Inventory Valuation	-	-	6	6
Inventories - Raw Materials, Total	12.31M	56.46M	67.52M	848M
Inventories - Work In Process, Total	5.24M	96.04M	463M	690M
Inventories - Finished Goods, Total	124K	34.81M	338M	145M
Machinery, Total	134M	208M	331M	389M
Full Time Employees	-	-	931	925
Accumulated Allowance for Doubtful Accounts (Supple)	-	375K	6.5M	30.7M

Fiscal Period: December	2022	2023	2024	2025
Net Income	-777M	-871M	-1.41B	-789M
Depreciation & Amortization - CF	56.94M	73.46M	102M	105M
Amortization of Goodwill and Intangible Assets - (CF)	56.86M	68.92M	80.57M	41.74M
Depreciation & Amortization, Total	114M	142M	182M	147M
Amortization of Deferred Charges, Total - (CF)	6.64M	9.59M	7.54M	50.44M
(Gain) Loss From Sale Of Asset	34.4K	-808K	17.48M	-279K
(Gain) Loss on Sale of Investments - (CF)	-6.33M	-8.94M	-15.6M	-74.49M
Asset Writedown & Restructuring Costs	-434K	33.23M	37.86M	55.73M
Provision and Write-off of Bad Debts	-	375K	6.13M	24.2M
Other Operating Activities, Total	2.26M	6.93M	172M	135M
Change In Accounts Receivable	-27.68M	-324M	-1.15B	-243M
Change In Inventories	-17.67M	-170M	-681M	-815M
Change In Accounts Payable	1.61M	107M	210M	-12.32M
Change In Deferred Taxes	-191K	-36.1K	-624K	453K
Change in Other Net Operating Assets	39.79M	57.62M	473M	262M
Cash from Operations	-665M	-1.02B	-2.15B	-1.26B
Capital Expenditure	-232M	-167M	-394M	-195M
Sale of Property, Plant, and Equipment	2.06K	22.36K	1.23M	936K
Investment in Marketable and Equity Securities, Total	74M	-20M	344M	-3.19B
Other Investing Activities, Total	7.72M	9.38M	15.66M	73.64M
Cash from Investing	-150M	-178M	-32.93M	-3.31B
Short Term Debt Issued, Total	-	120M	524M	-
Total Debt Issued	-	120M	524M	-
Short Term Debt Repaid, Total	-	-	-150M	-494M
Long-Term Debt Repaid, Total	-	-	-	-24.61M
Total Debt Repaid	-	-	-150M	-519M
Issuance of Common Stock	732M	1.1B	905M	10.81B
Common Dividends Paid	-132K	-697K	-7.68M	-8.15M
Common & Preferred Stock Dividends Paid	-132K	-697K	-7.68M	-8.15M
Other Financing Activities, Total	-27.7M	-22.13M	1.72B	-16.49M
Cash from Financing	704M	1.2B	2.99B	10.27B
Foreign Exchange Rate Adjustments	87.08K	835K	-18.85M	-1.85M
Net Change in Cash	-111M	2.84M	789M	5.7B
Supplemental Items
Cash Income Tax Paid (Refund)	233K	-27.43M	18.58M	25.01M
Levered Free Cash Flow	-	-945M	-2.53B	-596M
Unlevered Free Cash Flow	-	-943M	-2.53B	-589M
Change In Net Working Capital	-	392M	1.51B	937M
Net Debt Issued / Repaid	-	120M	375M	-519M

Fiscal Period: December	2022	2023	2024	2025
Profitability
Return on Assets	-	-39.99	-29.56	-5.84
Return on Total Capital	-	-45.79	-52.41	-6.15
Return On Equity %	-	-81.6	-117.94	-11.01
Return on Common Equity	-	-81.6	-117.94	-11.01
Margin Analysis
Gross Profit Margin %	24.1	62.88	41.1	49.31
SG&A Margin	33.23K	357.87	94.61	35.01
EBITDA Margin %	-165K	-1.39K	-154.96	-42.46
EBITA Margin %	-172K	-1.49K	-164.87	-47.42
EBIT Margin %	-185K	-1.62K	-175.71	-49.96
Income From Continuing Operations Margin %	-182K	-1.64K	-189.6	-48.02
Net Income Margin %	-182K	-1.64K	-189.6	-48.02
Net Avail. For Common Margin %	-182K	-1.64K	-189.6	-48.02
Normalized Net Income Margin	-114K	-1K	-114.97	-28.61
Levered Free Cash Flow Margin	-	-1.78K	-340.97	-36.24
Unlevered Free Cash Flow Margin	-	-1.78K	-339.98	-35.86
Asset Turnover
Asset Turnover	-	0.04	0.27	0.19
Fixed Assets Turnover	-	0.32	3.29	7.35
Receivables Turnover (Average Receivables)	-	-	2.87	2.71
Inventory Turnover (Average Inventory)	-	0.19	0.91	0.73
Short Term Liquidity
Current Ratio	6.6	3.74	3.72	29.61
Quick Ratio	5.77	2.1	1.87	24.11
Operating Cash Flow to Current Liabilities	-5.92	-2.98	-2.33	-2.95
Days Sales Outstanding (Average Receivables)	-	-	127.41	134.83
Days Outstanding Inventory (Average Inventory)	-	1.9K	403.09	497.76
Average Days Payable Outstanding	-	114.42	41.62	14.04
Cash Conversion Cycle (Average Days)	-	-	488.88	618.55
Long Term Solvency
Total Debt/Equity	0.76	16.16	44.91	0.46
Total Debt / Total Capital	0.75	13.91	30.99	0.45
LT Debt/Equity	0.76	6.27	2.93	0.3
Long-Term Debt / Total Capital	0.75	5.39	2.02	0.29
Total Liabilities / Total Assets	11.54	25.82	69.71	3.73
EBIT / Interest Expense	-471.85	-272.06	-110.36	-80.33
EBITDA / Interest Expense	-403.8	-226.83	-94.94	-65.93
(EBITDA - Capex) / Interest Expense	-542.33	-279.9	-128.21	-85.04
Total Debt / EBITDA	-0.01	-0.27	-0.47	-0.09
Net Debt / EBITDA	0.89	0.62	0.49	13.8
Total Debt / (EBITDA - Capex)	-0.01	-0.22	-0.35	-0.07
Net Debt / (EBITDA - Capex)	0.66	0.5	0.36	10.7
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	12.33K	1.3K	121.26
Gross Profit, 1 Yr. Growth %	-	32.35K	815.99	165.49
EBITDA, 1 Yr. Growth %	-	4.61	56.68	-39.42
EBITA, 1 Yr. Growth %	-	7.55	55.56	-36.41
EBIT, 1 Yr. Growth %	-	8.53	52.45	-37.14
Earnings From Cont. Operations, 1 Yr. Growth %	-	12.12	61.72	-43.97
Net Income, 1 Yr. Growth %	-	12.12	61.72	-43.97
Normalized Net Income, 1 Yr. Growth %	-	9.17	60.68	-44.88
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	-	-65.19
Accounts Receivable, 1 Yr. Growth %	-	-	1.19K	53.35
Inventory, 1 Yr. Growth %	-	959.76	314.72	92.6
Net Property, Plant and Equip., 1 Yr. Growth %	-	76.52	11.6	-12.16
Total Assets, 1 Yr. Growth %	-	56.25	138.27	251.58
Tangible Book Value, 1 Yr. Growth %	-	35.12	-9.96	1.2K
Common Equity, 1 Yr. Growth %	-	31.01	-2.69	1.02K
Cash From Operations, 1 Yr. Growth %	-	52.95	111.15	-41.34
Capital Expenditures, 1 Yr. Growth %	-	-27.89	135.63	-50.37
Levered Free Cash Flow, 1 Yr. Growth %	-	-	168.21	-71.41
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	167.99	-71.62
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	4.07K	456.85
Gross Profit, 2 Yr. CAGR %	-	-	5.35K	393.14
EBITDA, 2 Yr. CAGR %	-	-	28.03	-2.54
EBITA, 2 Yr. CAGR %	-	-	29.35	-0.51
EBIT, 2 Yr. CAGR %	-	-	28.63	-2.07
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	34.66	-4.81
Net Income, 2 Yr. CAGR %	-	-	34.66	-4.81
Normalized Net Income, 2 Yr. CAGR %	-	-	32.44	-5.94
Accounts Receivable, 2 Yr. CAGR %	-	-	-	345.17
Inventory, 2 Yr. CAGR %	-	-	562.95	182.62
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	40.36	-0.99
Total Assets, 2 Yr. CAGR %	-	-	92.95	189.43
Tangible Book Value, 2 Yr. CAGR %	-	-	10.3	241.89
Common Equity, 2 Yr. CAGR %	-	-	12.91	229.74
Cash From Operations, 2 Yr. CAGR %	-	-	79.71	11.29
Capital Expenditures, 2 Yr. CAGR %	-	-	30.35	8.14
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-20.58
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-20.92
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	1.47K
Gross Profit, 3 Yr. CAGR %	-	-	-	1.89K
EBITDA, 3 Yr. CAGR %	-	-	-	-0.21
EBITA, 3 Yr. CAGR %	-	-	-	2.11
EBIT, 3 Yr. CAGR %	-	-	-	1.34
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	0.53
Net Income, 3 Yr. CAGR %	-	-	-	0.53
Normalized Net Income, 3 Yr. CAGR %	-	-	-	-1.15
Inventory, 3 Yr. CAGR %	-	-	-	339.07
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	20.06
Total Assets, 3 Yr. CAGR %	-	-	-	135.67
Tangible Book Value, 3 Yr. CAGR %	-	-	-	150.9
Common Equity, 3 Yr. CAGR %	-	-	-	142.41
Cash From Operations, 3 Yr. CAGR %	-	-	-	23.74
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-5.53