Estados financieros detallados de MagnaChip Semiconductor (MX): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
MagnaChip Semiconductor registró ingresos de $179.9M en el último ejercicio fiscal, con un CAGR de 5 años del -18.7%.
Márgenes de los últimos 12 meses: margen bruto 16.1%, margen operativo -19.5%, margen neto -17.2%.
Al precio actual de $2.78, MX presenta beneficios negativos (P/E no significativo) y un ROE del -12.72%. La capitalización bursátil es de $101M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $688.0M | $679.7M | $750.9M | $520.7M | $507.1M | $474.2M | $337.7M | $230.1M | $231.7M | $179.9M |
| Coste de Ventas | $531.7M | $491.8M | $552.8M | $404.3M | $378.7M | $320.7M | $236.4M | $178.4M | $179.8M | $147.5M |
| Beneficio Bruto | $156.2M | $187.9M | $198.1M | $116.4M | $128.3M | $153.5M | $101.3M | $51.6M | $51.9M | $32.4M |
| I+D | $72.2M | $70.5M | $78.0M | $45.0M | $45.7M | $51.2M | $52.3M | $51.6M | $51.2M | $27.3M |
| Generales y Administrativos | $89.1M | $81.8M | $72.6M | $47.6M | $50.0M | $52.4M | $50.9M | $48.5M | $47.1M | $35.1M |
| Gastos Operativos | $161.3M | $152.3M | $150.7M | $92.7M | $101.3M | $70.1M | $106.5M | $109.3M | $104.9M | $62.4M |
| Beneficio Operativo | $2.7M | $39.2M | $47.4M | $23.7M | $27.0M | $83.4M | -$5.2M | -$57.6M | -$53.0M | -$30.0M |
| EBITDA | $15.8M | $63.7M | $30.7M | $36.7M | $45.5M | $89.6M | $13.3M | -$30.0M | -$44.5M | -$17.5M |
| Gastos por Intereses | $16.2M | $21.6M | $22.0M | $22.2M | $18.1M | $1.4M | $1.2M | $828000 | $2.0M | $1.7M |
| Beneficio Antes de Impuestos | -$25.9M | $86.1M | $749000 | -$18.2M | $10.8M | $74.0M | -$2.9M | -$47.6M | -$62.6M | -$32.1M |
| Impuestos | $3.7M | $1.2M | $4.6M | $2.2M | -$46.2M | $17.3M | $5.2M | -$10.9M | -$8.3M | -$17.9M |
| Beneficio Neto | -$29.6M | $84.9M | -$3.9M | -$21.8M | $345.0M | $56.7M | -$8.0M | -$36.6M | -$54.3M | -$29.7M |
| BPA | $-0.85 | $2.50 | $-0.11 | $-0.64 | $9.80 | $1.26 | $-0.18 | $-0.89 | $-1.44 | $-0.82 |
| BPA Diluido | $-0.85 | $2.02 | $-0.11 | $-0.64 | $7.54 | $1.21 | $-0.18 | $-0.89 | $-1.44 | $-0.82 |
| Acciones en Circulación (Diluidas) | $34.8M | $44.8M | $34.5M | $34.3M | $46.5M | $47.7M | $44.9M | $41.0M | $37.8M | $36.2M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $45.9M | $41.0M | $46.2M | $44.7M |
| Beneficio Bruto | $8.5M | $4.2M | $7.2M | $8.6M |
| Beneficio Operativo | -$7.5M | -$12.0M | -$7.2M | -$8.0M |
| EBITDA | -$11.4M | -$13.8M | -$3.4M | -$6.1M |
| Beneficio Neto | -$13.1M | -$8.1M | -$4.6M | -$4.8M |
| BPA | $-0.36 | $-0.22 | $-0.13 | $-0.13 |
| BPA Diluido | $-0.36 | $-0.22 | $-0.13 | $-0.13 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $83.4M | $128.6M | $132.4M | $151.7M | $279.9M | $279.5M | $225.5M | $158.1M | $138.6M | $103.8M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $67.6M | $96.3M | $121.9M | $57.6M | $68.7M | $76.8M | $43.2M | $36.9M | $32.8M | $28.9M |
| Inventario | $57.0M | $73.1M | $71.6M | $41.4M | $39.0M | $39.4M | $39.9M | $32.7M | $30.5M | $34.2M |
| Activos Corrientes | $242.7M | $330.3M | $352.7M | $379.4M | $409.6M | $409.1M | $337.9M | $245.4M | $219.2M | $176.9M |
| Inmovilizado Material | $179.8M | $205.9M | $202.2M | $74.9M | $101.0M | $112.2M | $116.0M | $104.8M | $84.6M | $102.3M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | $3.1M | $4.1M | $4.0M | $2.8M | $2.7M | $2.4M | $1.9M | $1.5M | $507000 | $454000 |
| Activos Totales | $442.0M | $558.8M | $583.2M | $595.3M | $571.7M | $583.7M | $516.6M | $420.5M | $379.3M | $351.5M |
| Cuentas por Pagar | $51.5M | $65.9M | $55.6M | $40.4M | $52.2M | $37.6M | $18.0M | $24.4M | $21.6M | $20.8M |
| Deuda a Corto | 0 | 0 | 0 | 0 | $83.5M | 0 | 0 | 0 | 0 | 0 |
| Pasivos Corrientes | $153.4M | $138.1M | $132.7M | $133.8M | $173.6M | $85.5M | $47.2M | $46.9M | $46.3M | $43.4M |
| Deuda a Largo | $221.1M | $303.4M | $303.6M | $304.7M | 0 | 0 | 0 | 0 | $27.2M | $44.6M |
| Pasivos Totales | $514.1M | $598.4M | $600.5M | $610.3M | $226.1M | $130.9M | $88.5M | $75.9M | $102.5M | $103.3M |
| Reservas | -$125.8M | -$40.9M | -$36.3M | -$58.1M | $286.8M | $343.5M | $335.5M | $298.9M | $244.6M | $214.9M |
| Patrimonio Neto | -$72.1M | -$39.6M | -$17.3M | -$15.0M | $345.6M | $452.8M | $428.2M | $344.6M | $276.8M | $248.2M |
| Deuda Total | $221.1M | $303.4M | $303.6M | $306.6M | $88.1M | $4.3M | $5.5M | $4.8M | $30.4M | $46.7M |
| Deuda Neta | $137.7M | $174.8M | $171.1M | $155.0M | -$191.8M | -$275.3M | -$220.0M | -$153.3M | -$108.2M | -$57.0M |
| Capital Circulante | $89.3M | $192.1M | $220.1M | $245.5M | $236.0M | $323.6M | $290.6M | $198.5M | $173.0M | $133.4M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $108.0M | $103.8M | $94.6M | $87.9M |
| Activos Totales | $359.6M | $351.5M | $335.5M | $324.9M |
| Pasivos Totales | $104.3M | $103.3M | $102.7M | $98.3M |
| Patrimonio Neto | $255.3M | $248.2M | $232.8M | $226.5M |
| Deuda Total | $41.4M | $46.7M | $44.1M | $43.0M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$29.6M | $84.9M | -$3.9M | -$21.8M | $345.0M | $56.7M | -$8.0M | -$36.6M | -$54.3M | -$29.7M |
| Amortizaciones | $25.4M | $28.1M | $32.0M | $32.7M | $16.5M | $14.2M | $15.0M | $16.7M | $16.2M | $13.0M |
| Compensación en Acciones | $3.8M | $2.3M | $5.2M | $7.0M | $6.7M | $7.7M | $6.0M | $7.2M | $6.2M | $2.2M |
| Cambio en Capital Circulante | -$8.4M | -$43.8M | -$29.4M | -$4.4M | -$49.7M | -$9.0M | -$30.5M | $9.8M | -$10.0M | -$17.9M |
| Flujo de Caja Operativo | $7.6M | -$18.4M | $39.2M | $50.5M | $7.5M | $87.7M | $5.2M | -$3.0M | -$6.1M | -$24.2M |
| Inversiones (CapEx) | -$19.8M | -$33.9M | -$34.2M | -$24.1M | -$36.8M | -$32.8M | -$23.8M | -$7.2M | -$11.6M | -$30.0M |
| Adquisiciones | -$361000 | $17.6M | $961000 | -$901000 | $350.6M | $832000 | $550000 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | -$11.4M | -$1.6M | -$2.7M | -$1.1M | -$39.2M | -$14.0M | -$51.8M | -$12.9M | -$4.4M |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$12.1M | -$52.3M | $5.0M | $26.4M | -$29.4M | $54.9M | -$18.6M | -$10.2M | -$17.7M | -$54.2M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $162000 | $5.4M | $1.6M | -$4.5M |
| Inversiones (CapEx) | -$7.8M | -$10.3M | -$3.9M | -$1.3M |
| Flujo de Caja Libre | -$7.6M | -$4.8M | -$2.4M | -$5.8M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $123000 | $565000 | $643000 | $1.0M |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | -1.2% | +10.5% | -30.7% | -2.6% | -6.5% | -28.8% | -31.9% | +0.7% | -22.4% |
| Crecimiento Beneficio Neto (anual) | | +386.8% | -104.6% | -459.6% | +1680.5% | -83.6% | -114.2% | -355.7% | -48.3% | +45.3% |
| Crecimiento BPA (anual) | | +394.1% | -104.4% | -481.8% | +1631.2% | -87.1% | -114.3% | -394.4% | -61.8% | +43.1% |
| Cambio en Acciones (anual) | | +28.5% | -23.0% | -0.4% | +35.5% | +2.6% | -6.0% | -8.6% | -7.9% | -4.1% |
| Crecimiento FCF (anual) | | -330.7% | +109.6% | +424.2% | -211.1% | +287.0% | -133.9% | +45.0% | -73.3% | -205.6% |
| Margen Bruto | 22.7% | 27.6% | 26.4% | 22.4% | 25.3% | 32.4% | 30.0% | 22.4% | 22.4% | 18.0% |
| Margen Operativo | 0.4% | 5.8% | 6.3% | 4.6% | 5.3% | 17.6% | -1.6% | -25.1% | -22.9% | -16.7% |
| Margen EBITDA | 2.3% | 9.4% | 4.1% | 7.0% | 9.0% | 18.9% | 3.9% | -13.1% | -19.2% | -9.7% |
| Margen Neto | -4.3% | 12.5% | -0.5% | -4.2% | 68.0% | 12.0% | -2.4% | -15.9% | -23.4% | -16.5% |
| Margen FCF | -1.8% | -7.7% | 0.7% | 5.1% | -5.8% | 11.6% | -5.5% | -4.4% | -7.7% | -30.1% |
| Tasa Impositiva Efectiva | -14.5% | 1.3% | 620.7% | -12.1% | -426.8% | 23.3% | -179.1% | 23.0% | 13.3% | 55.7% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.35 | $-1.17 | $0.15 | $0.77 | $-0.63 | $1.15 | $-0.42 | $-0.25 | $-0.47 | $-1.50 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $34.8M | $33.9M | $34.4M | $34.3M | $35.2M | $44.9M | $44.9M | $41.0M | $37.8M | $36.2M |
Qué mirar en empresas de Technology
- Crecimiento de ingresos 3a (≥15%/año) — Valida tracción sostenida, no un año puntual.
- Margen bruto (Depende del sub-sector) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Ingresos (≥20%) — Caja real generada. Muchas tech maquillan beneficios non-GAAP.
- ROIC (≥15%) — Eficiencia del capital reinvertido — la primera métrica de Buffett.
- SBC / Ingresos (<10% saludable) — Stock-based compensation. Dilución silenciosa: >20% destruye valor.
- Deuda Neta / EBITDA (≤2x (1,5x SaaS)) — Resistencia en recesiones y subidas de tipos.
Rentabilidad
| Rentabilidad sobre capital | -12.72% |
| Rentabilidad sobre capital invertido | -7.90% |
| Rentabilidad sobre activos | -9.43% |
| Margen bruto | 16.08% |
| Margen operativo | -19.50% |
| Margen neto | -17.22% |
Salud financiera
| Deuda / Patrimonio | 0.19 |
| Ratio corriente | 2.43 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -7.29 | 3.98 | -56.45 | -18.14 | 1.38 | 16.64 | -52.17 | -8.43 | -2.79 | -3.11 |
| P/VC | -2.99 | -8.52 | -12.33 | -26.60 | 1.38 | 2.08 | 0.98 | 0.89 | 0.55 | 0.37 |
| P/V | 0.31 | 0.50 | 0.28 | 0.77 | 0.94 | 1.98 | 1.25 | 1.34 | 0.66 | 0.51 |
| Margen Bruto | 22.7% | 27.6% | 26.4% | 22.4% | 25.3% | 32.4% | 30.0% | 22.4% | 22.4% | 18.0% |
| Margen Operativo | 0.4% | 5.8% | 6.3% | 4.6% | 5.3% | 17.6% | -1.6% | -25.1% | -22.9% | -16.7% |
| Margen Neto | -4.3% | 12.5% | -0.5% | -4.2% | 68.0% | 12.0% | -2.4% | -15.9% | -23.4% | -16.5% |