Income Statement SÜSS MicroTec SE

Equities

SMHN

DE000A1K0235

Semiconductor Equipment & Testing

Real-time Estimate Tradegate Other stock markets 13:31:37 13/09/2024 BST			5-day change	1st Jan Change
54.55 ^EUR	-0.27%		+7.52%	+96.03%

09-09	Hauck Aufhäuser IB raises Süss Microtec to 'Buy' - Target 72.10 euros	DP
09-09	Hauck Aufhäuser drives semiconductor equipment stocks Suess and PVA	DP

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Published financial data: SÜSS MICROTEC SE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	214M	252M	263M	299M	304M
Total Revenues	214M	252M	263M	299M	304M
Cost of Goods Sold, Total	150M	168M	171M	190M	200M
Gross Profit	63.98M	83.78M	92.65M	109M	104M
Selling General & Admin Expenses, Total	41.8M	44.28M	47.84M	51.78M	45.57M
R&D Expenses	20.2M	19.85M	22.05M	25.01M	31.31M
Other Operating Expenses	266K	-53K	241K	776K	627K
Other Operating Expenses, Total	62.26M	64.07M	70.13M	77.57M	77.51M
Operating Income	1.72M	19.7M	22.52M	31.55M	26.38M
Interest Expense, Total	-281K	-366K	-404K	-475K	-316K
Interest And Investment Income	18K	5K	9K	267K	955K
Net Interest Expenses	-263K	-361K	-395K	-208K	639K
Currency Exchange Gains (Loss)	-1.25M	662K	-1.4M	247K	929K
Other Non Operating Income (Expenses)	-99K	-57K	-62K	-90K	-102K
EBT, Excl. Unusual Items	106K	19.95M	20.67M	31.5M	27.85M
Restructuring Charges	-14.25M	-2.2M	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-235K	-30K	84K
Asset Writedown	-	2.12M	1.54M	947K	-
Insurance Settlements	20K	157K	127K	90K	388K
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-14.12M	20.02M	22.1M	32.51M	28.32M
Income Tax Expense	2.14M	7.66M	6.08M	7.98M	10.99M
Earnings From Continuing Operations	-16.26M	12.36M	16.02M	24.52M	17.34M
Earnings Of Discontinued Operations	-	-	-	-	-12.64M
Net Income to Company	-16.26M	12.36M	16.02M	24.52M	4.7M
Net Income - (IS)	-16.26M	12.36M	16.02M	24.52M	4.7M
Net Income to Common Incl Extra Items	-16.26M	12.36M	16.02M	24.52M	4.7M
Net Income to Common Excl. Extra Items	-16.26M	12.36M	16.02M	24.52M	17.34M
Per Share Items
Net EPS - Basic	-0.85	0.65	0.84	1.28	0.25
Basic EPS - Continuing Operations	-0.85	0.65	0.84	1.28	0.91
Basic Weighted Average Shares Outstanding	19.12M	19.12M	19.12M	19.12M	19.12M
Net EPS - Diluted	-0.85	0.65	0.84	1.28	0.25
Diluted EPS - Continuing Operations	-0.85	0.65	0.84	1.28	0.91
Diluted Weighted Average Shares Outstanding	19.12M	19.12M	19.12M	19.12M	19.12M
Normalized Basic EPS	0	0.65	0.68	1.03	0.91
Normalized Diluted EPS	0	0.65	0.68	1.03	0.91
Dividend Per Share	-	-	0.16	0.2	0.2
Payout Ratio	-	-	-	12.47	81.39
Supplemental Items
EBITDA	10.1M	24.73M	27.13M	38.08M	31.07M
EBITA	2.76M	20.37M	23.21M	32.56M	27.91M
EBIT	1.72M	19.7M	22.52M	31.55M	26.38M
EBITDAR	-	25.08M	27.53M	38.78M	31.89M
Effective Tax Rate - (Ratio)	-15.16	38.24	27.52	24.56	38.8
Total Current Taxes	709K	2.13M	6.49M	6.44M	10.26M
Total Deferred Taxes	1.43M	5.52M	-409K	1.55M	724K
Normalized Net Income	66.25K	12.47M	12.92M	19.69M	17.41M
Interest on Long-Term Debt	70K	10K	97K	149K	142K
Non-Cash Pension Expense	869K	12K	40K	92K	54K
Supplemental Operating Expense Items
Selling and Marketing Expenses	22.87M	23.51M	24.9M	28.46M	21.37M
General and Administrative Expenses	18.93M	20.77M	22.94M	23.32M	24.2M
Research And Development Expense From Footnotes	20.53M	19.85M	22.05M	25.01M	31.31M
Net Rental Expense, Total	-	353K	397K	697K	819K
Imputed Operating Lease Interest Expense	-	42.38K	66.12K	138K	118K
Imputed Operating Lease Depreciation	-	311K	331K	559K	701K

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	10.28M	40.83M	52.08M	51.36M	38.11M
Short Term Investments	366K	559K	1.26M	10.48M	10.9M
Total Cash And Short Term Investments	10.65M	41.39M	53.34M	61.85M	49.02M
Accounts Receivable, Total	50.17M	47.96M	47.42M	56.98M	52.92M
Other Receivables	4.71M	395K	38K	58K	3.99M
Total Receivables	54.88M	48.36M	47.46M	57.03M	56.91M
Inventory	75.05M	72.98M	99.55M	151M	167M
Prepaid Expenses	729K	842K	2.78M	5.63M	4.01M
Other Current Assets, Total	3.48M	2.44M	5.73M	2.97M	36.77M
Total Current Assets	145M	166M	209M	278M	313M
Gross Property Plant And Equipment	65.8M	77.68M	87.46M	95M	63.99M
Accumulated Depreciation	-31.89M	-37.33M	-42.95M	-46.13M	-32.86M
Net Property Plant And Equipment	33.9M	40.35M	44.51M	48.87M	31.13M
Goodwill	15.71M	18.29M	18.45M	18.57M	18.49M
Other Intangibles, Total	4.15M	5.09M	5.56M	5.88M	5.5M
Deferred Tax Assets Long-Term	776K	1.32M	1.44M	1.4M	684K
Deferred Charges Long-Term	0	0	0	0	0
Other Long-Term Assets, Total	568K	350K	364K	417K	511K
Total Assets	200M	231M	279M	353M	370M
Liabilities
Accounts Payable, Total	10.01M	10.03M	24.88M	27.73M	28.29M
Accrued Expenses, Total	10.34M	13.92M	13.67M	15.89M	11.66M
Short-term Borrowings	3K	6K	4K	4K	12K
Current Portion of Long-Term Debt	10.4M	1.38M	1.21M	1.22M	1.24M
Current Portion of Leases	2.75M	2.39M	2.22M	2.59M	2.35M
Current Income Taxes Payable	702K	814K	6.67M	7.02M	11.82M
Unearned Revenue Current, Total	9.35M	26.82M	34.76M	78.55M	87.04M
Other Current Liabilities	6.49M	6.99M	9.02M	9.62M	24.32M
Total Current Liabilities	50.04M	62.34M	92.44M	143M	167M
Long-Term Debt	10.5M	9.06M	7.81M	6.56M	5.31M
Long-Term Leases	4.64M	7.66M	7.07M	9.63M	6.27M
Pension & Other Post Retirement Benefits	6.04M	6.4M	5.35M	5.03M	1.58M
Deferred Tax Liability Non Current	3.29M	9.14M	8.96M	10.54M	11.21M
Other Non Current Liabilities	-	312K	667K	1.04M	2.01M
Total Liabilities	74.51M	94.9M	122M	175M	193M
Common Stock, Total	19.12M	19.12M	19.12M	19.12M	19.12M
Additional Paid In Capital	55.82M	55.82M	55.82M	-	55.82M
Retained Earnings	50.78M	63.15M	79.16M	101M	102M
Comprehensive Income and Other	-334K	-1.58M	2.78M	57.99M	178K
Total Common Equity	125M	137M	157M	178M	177M
Total Equity	125M	137M	157M	178M	177M
Total Liabilities And Equity	200M	231M	279M	353M	370M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	19.12M	19.12M	19.12M	19.12M	19.12M
ECS Total Common Shares Outstanding	19.12M	19.12M	19.12M	19.12M	19.12M
Book Value / Share	6.56	7.14	8.21	9.3	9.24
Tangible Book Value	106M	113M	133M	153M	153M
Tangible Book Value Per Share	5.52	5.92	6.95	8.02	7.98
Total Debt	28.29M	20.49M	18.32M	20M	15.18M
Net Debt	17.64M	-20.9M	-35.02M	-41.84M	-33.84M
Debt Equivalent of Unfunded Proj. Benefit Obligation	6.04M	6.4M	5.35M	5.03M	1.58M
Debt Equivalent Oper. Leases	-	2.82M	3.18M	5.58M	6.55M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	46.2M	42.31M	53.37M	71.66M	87.53M
Inventories - Work In Process, Total	25.52M	28.34M	42.74M	56.03M	57.87M
Inventories - Finished Goods, Total	42.52M	30.1M	35.91M	54.25M	52.7M
Land - (BS)	-	-	-	22.02M	23.01M
Machinery, Total	35.28M	42.82M	49.15M	50.48M	24.73M
Full Time Employees	937	1.01K	1.18K	1.25K	1.34K
Assets under Capital Lease - Gross	343K	315K	338K	355K	340K
Assets under Capital Lease - Accumulated Depreciation	-343K	-315K	-339K	-357K	-342K
Accumulated Allowance for Doubtful Accounts (Supple)	663K	913K	72K	1.96M	589K
Order Backlog	93.2M	120M	194M	346M	464M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-16.26M	12.36M	16.02M	24.52M	4.7M
Depreciation & Amortization - CF	7.34M	7.1M	6.36M	8.08M	5.34M
Amortization of Goodwill and Intangible Assets - (CF)	1.04M	667K	691K	1.01M	1.52M
Depreciation & Amortization, Total	8.38M	7.76M	7.05M	9.09M	6.86M
Amortization of Deferred Charges, Total - (CF)	56K	-	-	-	-
(Gain) Loss From Sale Of Asset	318K	-97K	88K	77K	147K
Asset Writedown & Restructuring Costs	134K	-	-	-	-
Provision and Write-off of Bad Debts	114K	251K	-828K	1.87M	-1.36M
Net Cash From Discontinued Operations	-	-	-	-	-8.7M
Other Operating Activities, Total	12.82M	-6.89M	6.79M	660K	16.3M
Change In Accounts Receivable	-25.02M	2.12M	1.85M	-11.1M	212K
Change In Inventories	4.61M	9.75M	-29.52M	-52.81M	-29.45M
Change In Accounts Payable	926K	-432K	14.49M	2.5M	1.69M
Change in Unearned Revenues	-8.89M	14.15M	7.81M	44.01M	9.54M
Change In Income Taxes	-	-	-	1.96M	-
Change In Deferred Taxes	-5M	9.89M	5.91M	-	5.81M
Change in Other Net Operating Assets	-3M	6.29M	-5.33M	3.16M	-1.97M
Cash from Operations	-30.8M	55.16M	24.33M	23.94M	3.79M
Capital Expenditure	-5.68M	-6.84M	-8.46M	-6.57M	-3.35M
Sale of Property, Plant, and Equipment	-	97K	-	-	-
Cash Acquisitions	-	-3.31M	-	-	-
Sale (Purchase) of Intangible assets	-454K	-1.12M	-1.16M	-1.33M	-1.25M
Investment in Marketable and Equity Securities, Total	-	-	-	-9.94M	48K
Other Investing Activities, Total	-	-	-	-	-3.63M
Cash from Investing	-6.13M	-11.16M	-9.62M	-17.84M	-8.18M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	19.5M	-	-	14K	23K
Total Debt Issued	19.5M	-	-	14K	23K
Short Term Debt Repaid, Total	-3K	-	-	-	-
Long-Term Debt Repaid, Total	-3.1M	-13.28M	-3.83M	-3.73M	-3.44M
Total Debt Repaid	-3.1M	-13.28M	-3.83M	-3.73M	-3.44M
Common Dividends Paid	-	-	-	-3.06M	-3.82M
Common & Preferred Stock Dividends Paid	-	-	-	-3.06M	-3.82M
Other Financing Activities, Total	-	-	-	-	-773K
Cash from Financing	16.4M	-13.28M	-3.83M	-6.77M	-8.02M
Foreign Exchange Rate Adjustments	142K	-168K	369K	-35K	-196K
Net Change in Cash	-20.39M	30.55M	11.25M	-711K	-12.61M
Supplemental Items
Cash Interest Paid	143K	359K	266K	262K	174K
Cash Income Tax Paid (Refund)	5.98M	-2.72M	2.72M	2.38M	5.14M
Levered Free Cash Flow	-20.26M	43.09M	10.8M	9.67M	-5.44M
Unlevered Free Cash Flow	-20.09M	43.32M	11.05M	9.97M	-5.24M
Change In Net Working Capital	23.46M	-31.2M	458K	10.94M	23.99M
Net Debt Issued / Repaid	16.4M	-13.28M	-3.83M	-3.72M	-3.42M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	0.54	5.71	5.51	6.24	4.56
Return on Total Capital	0.72	7.93	8.48	10.58	8.47
Return On Equity %	-12.23	9.44	10.92	14.66	9.78
Return on Common Equity	-12.23	9.44	10.92	14.66	9.78
Margin Analysis
Gross Profit Margin %	29.92	33.23	35.17	36.48	34.15
SG&A Margin	19.55	17.56	18.16	17.31	14.98
EBITDA Margin %	4.72	9.81	10.3	12.73	10.21
EBITA Margin %	1.29	8.08	8.81	10.89	9.17
EBIT Margin %	0.8	7.82	8.55	10.55	8.67
Income From Continuing Operations Margin %	-7.61	4.9	6.08	8.2	5.7
Net Income Margin %	-7.61	4.9	6.08	8.2	1.54
Net Avail. For Common Margin %	-7.61	4.9	6.08	8.2	5.7
Normalized Net Income Margin	0.03	4.94	4.9	6.58	5.72
Levered Free Cash Flow Margin	-9.48	17.09	4.1	3.23	-1.79
Unlevered Free Cash Flow Margin	-9.39	17.18	4.19	3.33	-1.72
Asset Turnover
Asset Turnover	1.07	1.17	1.03	0.95	0.84
Fixed Assets Turnover	7.12	6.79	6.21	6.41	7.61
Receivables Turnover (Average Receivables)	5.68	5.14	5.52	5.73	5.54
Inventory Turnover (Average Inventory)	1.78	2.27	1.98	1.52	1.26
Short Term Liquidity
Current Ratio	2.89	2.66	2.26	1.95	1.88
Quick Ratio	1.31	1.44	1.09	0.83	0.64
Operating Cash Flow to Current Liabilities	-0.62	0.88	0.26	0.17	0.02