ACM Research, Inc.

ACMR

ACMRACM Research, Inc. US flag

NASDAQ Global Market

95.68

USD

+1.73

- -

6.13BMarket Cap

Income Statement (USD)

MCP API Chat

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	31	27	37	75	108	157	260	389	558	782	901
+ Sales & Services Revenue	31	27	37	75	108	157	260	389	558	782	901
- Cost of Revenue	17	14	19	40	57	87	145	205	282	391	501
+ Cost of Goods & Services	17	14	19	40	57	87	145	205	282	391	501
Gross Profit	14	13	17	34	51	70	115	184	276	392	400
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	9	10	17	28	33	48	76	125	180	241	291
+ Selling, General & Admin	6	7	11	18	20	29	42	62	88	135	146
+ Research & Development	3	3	5	10	13	19	34	62	93	105	145
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	5	3	1	6	18	21	39	59	96	151	109
- Non-Operating (Income) Loss	-1	1	1	-1	-1	2	-4	-8	-20	-15	-26
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	-7	-6	-6	-8
+ Interest Expense	- -	- -	- -	- -	1	1	1	2	3	4	7
- Interest Income	- -	- -	- -	- -	- -	1	1	9	8	10	15
+ Other Non-Op (Income) Loss	-1	- -	1	-1	-2	2	-5	-1	-15	-10	-18
Pretax Income	5	3	- -	7	19	19	43	67	116	166	135
- Income Tax Expense (Benefit)	-3	1	1	1	-1	-2	- -	17	19	35	13
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	8	2	-1	7	19	22	43	51	97	131	122
- Net Extraordinary Losses (Gains)	5	3	-1	- -	1	6	10	23	39	55	56
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	5	3	-1	- -	1	6	10	23	39	55	56
Income (Loss) Incl. MI	3	- -	- -	7	18	16	33	28	58	76	66
- Minority Interest	-3	-1	1	- -	-1	-3	-5	-11	-20	-28	-28
Net Income, GAAP	5	1	- -	7	19	19	38	39	77	104	94
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	5	1	- -	7	19	19	38	39	77	104	94
EBIT	5	3	1	6	18	21	39	59	96	151	109
EBITDA	5	4	1	7	19	23	41	64	104	161	126
EBITDA Margin (%)	16.1	13.43	2.66	9.23	17.28	14.4	15.81	16.56	18.63	20.58	13.95
EBITA	5	3	1	6	18	21	39	59	96	151	109
Gross Margin (%)	45.25	48.7	47.18	46.15	47.11	44.44	44.22	47.22	49.53	50.06	44.39
Operating Margin (%)	15.58	12.75	1.92	8.67	16.55	13.72	14.9	15.18	17.18	19.31	12.14
Profit Margin (%)	17.24	3.77	-0.87	8.81	17.57	11.99	14.54	10.1	13.87	13.25	10.44
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	0.07	0.11	0.12
Depreciation Expense	- -	- -	- -	- -	1	1	2	5	8	10	16
Basic Weighted Avg Shares	15	24	21	47	50	55	58	59	60	62	64
Basic EPS, GAAP	0.35	0.04	-0.02	0.14	0.37	0.34	0.65	0.66	1.29	1.67	1.47
Basic EPS from Cont Ops	0.51	0.1	-0.04	0.14	0.39	0.4	0.74	0.85	1.61	2.11	1.9
Diluted Weighted Avg Shares	20	24	21	54	57	64	65	65	65	66	67
Diluted EPS, GAAP	0.27	0.04	-0.02	0.12	0.33	0.3	0.58	0.6	1.19	1.56	1.4
Diluted EPS from Cont Ops	0.39	0.1	-0.04	0.12	0.34	0.34	0.66	0.77	1.49	1.98	1.81

Balance Sheet (USD)

MCP API Chat

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	28	40	63	96	198	261	953	964	1,176	1,483	2,437
+ Cash, Cash Equivalents & STI	4	10	18	27	58	100	592	339	284	444	1,159
+ Cash & Cash Equivalents	4	10	18	27	58	72	563	248	182	407	757
+ ST Investments	- -	- -	- -	- -	- -	28	29	91	102	37	402
+ Accounts & Notes Receiv	13	18	29	28	34	66	126	213	323	429	553
+ Accounts Receivable, Net	12	16	27	25	31	56	106	183	283	387	504
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	1	2	2	4	3	10	20	30	40	42	49
+ Inventories	9	12	15	39	45	89	218	393	545	598	703
+ Raw Materials	4	8	6	13	15	32	91	167	235	224	350
+ Work In Process	1	1	4	10	10	24	36	79	81	81	61
+ Finished Goods	4	3	5	16	19	32	92	147	229	293	292
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	1	1	1	2	62	6	17	19	24	12	22
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	4	4	5	7	19	81	99	272	315	372	436
+ Property, Plant & Equip, Net	2	2	2	4	8	52	61	134	221	300	333
+ Property, Plant & Equip	11	10	11	12	11	56	67	144	239	325	372
- Accumulated Depreciation	9	8	8	8	3	4	6	10	18	25	39
+ LT Investments & Receivables	- -	- -	1	1	6	6	13	119	69	50	66
+ LT Investments	- -	- -	1	1	6	6	13	119	69	50	66
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	2	2	1	2	6	22	25	19	25	22	37
+ Total Intangible Assets	- -	- -	- -	- -	- -	11	11	10	3	3	3
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	11	11	10	3	3	3
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	2	2	1	2	6	11	14	9	22	18	34
Total Assets	32	44	68	103	218	341	1,052	1,236	1,491	1,856	2,872
+ Payables & Accruals	6	12	14	28	29	55	136	179	275	309	427
+ Accounts Payable	2	5	7	17	13	36	93	102	142	139	215
+ Accrued Taxes	- -	- -	- -	1	3	- -	- -	3	19	25	21
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	4	7	6	10	13	19	42	73	114	145	191
+ ST Debt	10	5	5	9	15	29	14	60	41	79	114
+ ST Borrowings	10	5	5	9	14	28	12	58	38	77	109
+ ST Finance Leases	- -	- -	- -	- -	1	1	2	1	3	2	5
+ Other ST Liabilities	5	- -	3	8	9	19	56	158	185	252	205
+ Deferred Revenue	5	- -	- -	8	9	19	56	158	185	252	205
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	3	- -	- -	- -	- -	- -	- -	- -	- -
Total Current Liabilities	21	17	22	46	54	103	206	396	501	641	746
+ LT Debt	- -	- -	- -	- -	3	21	25	20	58	109	184
+ LT Borrowings	- -	- -	- -	- -	- -	18	23	19	54	106	179
+ LT Finance Leases	- -	- -	- -	- -	3	3	2	1	4	4	5
+ Other LT Liabilities	16	25	6	5	64	9	10	7	6	9	12
+ Accrued Liabilities	2	2	2	1	1	5	9	6	5	8	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	14	23	4	3	63	4	1	2	1	1	12
Total Noncurrent Liabilities	16	25	6	5	67	30	35	27	64	119	196
Total Liabilities	37	42	28	51	120	133	241	423	565	760	942
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	3	8	50	57	83	102	595	604	630	677	1,116
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	2	8	50	57	83	102	595	604	630	677	1,116
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-11	-10	-10	-3	16	34	64	94	157	260	350
+ Other Equity	- -	- -	- -	-1	-2	5	17	-24	-19	-33	-2
Equity Before Minority Interest	-8	-2	40	52	97	141	676	675	767	905	1,464
+ Minority/Non Controlling Interest	4	5	- -	- -	- -	67	135	137	159	191	466
Total Equity	-4	2	40	52	97	208	812	812	926	1,096	1,931
Total Liabilities & Equity	32	44	68	103	218	341	1,052	1,236	1,491	1,856	2,872
Shares Outstanding	45	45	46	48	54	56	59	60	61	63	66
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	4	4	4	2	7	6	10
Net Debt	5	-5	-13	-18	-45	-26	-528	-171	-90	-225	-469
Net Debt to Equity	-118.11	-215.17	-31.58	-33.78	-45.73	-12.51	-65	-21.05	-9.72	-20.5	-24.31
Tangible Common Equity Ratio	-13.93	5.55	58.64	50.65	44.62	59.71	76.9	65.46	62.06	58.98	67.18
Current Ratio	1.36	2.36	2.88	2.08	3.71	2.53	4.63	2.43	2.35	2.31	3.27
Cash Conversion Cycle	- -	377.75	370.08	302.31	275.84	313.68	414.34	585.35	658.52	574.9	547.17

Cash Flow Statement (USD)

MCP API Chat

	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	8	2	-1	7	19	22	43	51	97	131	122
+ Depreciation & Amortization	- -	- -	- -	- -	1	1	2	5	8	10	16
+ Non-Cash Items	-2	2	2	3	- -	- -	1	19	4	74	29
+ Stock-Based Compensation	- -	- -	2	3	4	6	5	8	27	50	34
+ Deferred Income Taxes	-2	- -	1	- -	-4	-4	-2	4	-14	5	-14
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	2	- -	- -	- -	-1	-3	7	-9	19	10
+ Chg in Non-Cash Work Cap	-3	-9	-10	-3	-11	-37	-86	-137	-185	-63	-178
+ (Inc) Dec in Accts Receiv	-7	-5	-9	- -	-6	-29	-57	-96	-113	-127	-118
+ (Inc) Dec in Inventories	-2	-3	-3	-24	-7	-41	-128	-196	-164	-64	-108
+ (Inc) Dec in Prepaid Assets	-1	- -	- -	-1	- -	-4	-11	-5	-4	13	-4
+ Inc (Dec) in Accts Payable	-1	3	4	16	2	28	81	55	69	43	107
+ Inc (Dec) in Other	8	-4	-1	7	- -	9	28	104	27	72	-55
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	3	-4	-8	7	9	-14	-40	-62	-75	152	-10
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-1	-1	-2	-1	-55	-10	-93	-64	-86	-58
+ Acq of Fixed Prod Assets	-1	-1	-1	-2	-1	-45	-9	-91	-62	-82	-56
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	-10	-1	-1	-2	-3	-1
+ Cash (Repurchase) of Equity	- -	- -	31	- -	83	- -	- -	- -	- -	- -	616
+ Increase in Capital Stock	- -	- -	33	- -	86	- -	- -	- -	- -	- -	623
+ Decrease in Capital Stock	- -	- -	-2	- -	-3	- -	- -	- -	- -	- -	-7
+ Net Change in LT Investment	- -	- -	-1	- -	- -	-15	-2	-173	58	74	-333
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	5	110	175	56
+ Inc in LT Investment	- -	- -	-1	- -	- -	-15	-2	-178	-52	-101	-390
+ Net Cash From Acq & Div	- -	- -	-22	- -	-4	- -	-2	-1	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	-22	- -	-4	- -	-2	-1	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	1	2	1	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-1	-1	-24	-2	-6	-70	-11	-266	-7	-12	-390
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	-4	-7	-8
+ Net Cash From Debt	2	-2	- -	5	4	30	-12	45	16	88	99
+ Cash From Debt	12	6	11	18	18	52	30	56	74	130	207
+ Repayments of Debt	-10	-8	-11	-13	-14	-22	-42	-11	-57	-42	-108
+ Other Financing Activities	- -	12	7	1	- -	3	551	1	6	11	35
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	2	11	39	5	87	33	539	46	19	92	742
Effect of Foreign Exchange Rates	- -	- -	1	-1	-1	5	4	-33	-2	-5	13
Net Changes in Cash	4	6	7	10	91	-51	487	-282	-64	233	342
EBITDA	5	4	1	7	19	23	41	64	104	161	126
EBITDA Margin (%)	16.1	13.43	2.66	9.23	17.28	14.4	15.81	16.56	18.63	20.58	13.95
Free Cash Flow	1	-5	-9	5	8	-69	-50	-155	-140	67	-68
Net Cash Paid for Acquisitions	- -	- -	22	- -	4	- -	2	1	- -	- -	- -
Free Cash Flow to Firm	- -	-4	- -	5	- -	- -	-49	-153	-137	70	-62
Free Cash Flow to Equity	- -	-6	-9	10	13	-29	-61	-109	-121	158	33
Free Cash Flow per Basic Share	0.09	-0.19	-0.43	0.1	0.16	-1.26	-0.86	-2.61	-2.32	1.07	-1.06
Price/Free Cash Flow	- -	- -	-4.91	21.72	33.53	41.04	-61.14	16.61	-115.39	4.2	56.11
Cash Flow to Net Income	0.5	-3.59	25.47	1.05	0.5	-0.72	-1.06	-1.58	-0.97	1.47	-0.11
Capital Expenditures	-1	-1	-1	-2	-1	-55	-10	-93	-64	-86	-58