Bel Fuse Inc.

Bel Fuse Inc.

BELFA
Bel Fuse Inc.US flagNASDAQ Global Select
248.58
USD
+10.75
- -
3.15BMarket Cap

Income Statement (USD)

APIChat
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Sales/Revenue/Turnover
295
287
349
487
567
500
492
548
492
466
543
654
640
535
675
+ Sales & Services Revenue
295
287
349
487
567
500
492
548
492
466
543
654
640
535
675
- Cost of Revenue
245
240
287
400
458
400
389
409
382
346
409
471
424
332
411
+ Cost of Goods & Services
245
240
287
400
458
400
389
409
382
346
409
471
424
332
411
Gross Profit
50
46
62
87
109
100
102
139
110
120
134
183
216
202
264
+ Other Operating Income
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Operating Expenses
39
40
46
72
78
71
85
112
104
102
109
113
122
134
157
+ Selling, General & Admin
39
40
46
72
78
71
85
83
77
79
87
92
99
111
126
+ Research & Development
- -
- -
- -
- -
- -
- -
- -
29
27
24
22
20
22
24
31
+ Other Operating Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Income (Loss)
11
7
16
15
31
29
18
27
6
17
26
71
94
68
108
- Non-Operating (Income) Loss
3
6
1
6
5
111
8
4
13
5
-1
12
11
6
13
+ Interest Expense, Net
- -
- -
- -
4
3
6
7
5
5
5
4
3
1
-1
14
+ Interest Expense
- -
- -
- -
4
8
7
7
5
5
5
4
3
3
4
15
- Interest Income
- -
- -
- -
- -
5
1
- -
- -
- -
- -
- -
- -
2
5
1
+ Other Non-Op (Income) Loss
4
6
1
2
2
105
1
-2
7
1
-5
9
10
7
-1
Pretax Income
8
1
15
10
26
-83
10
24
-7
12
27
59
83
62
95
- Income Tax Expense (Benefit)
4
-1
-1
1
7
-18
22
3
1
-1
3
6
9
13
21
- (Income) Loss from Affiliates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Income (Loss) from Cont Ops
4
2
16
9
19
-65
-12
21
-9
13
25
53
74
49
74
- Net Extraordinary Losses (Gains)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
16
25
+ Discontinued Operations
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Extraord. & Accounting Changes
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
16
25
Income (Loss) Incl. MI
4
2
16
9
19
-65
-12
21
-9
13
25
53
74
33
49
- Minority Interest
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-8
-13
Net Income, GAAP
4
2
16
9
19
-65
-12
21
-9
13
25
53
74
41
62
- Preferred Dividends
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Other Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income Avail to Common, GAAP
4
2
16
9
19
-65
-12
21
-9
13
25
53
74
41
62
EBIT
11
7
16
15
31
29
18
27
6
17
26
71
94
68
108
EBITDA
20
16
29
36
54
51
38
45
22
34
43
86
108
85
134
EBITDA Margin (%)
6.69
5.59
8.25
7.32
9.5
10.13
7.81
8.28
4.49
7.26
7.86
13.1
16.81
15.82
19.89
EBITA
11
7
16
15
31
29
18
27
6
17
26
71
94
68
108
Gross Margin (%)
17.07
16.22
17.82
17.93
19.19
19.98
20.82
25.4
22.33
25.71
24.73
28.04
33.74
37.84
39.15
Operating Margin (%)
3.76
2.41
4.71
3.14
5.44
5.78
3.6
4.96
1.14
3.74
4.76
10.83
14.73
12.74
15.95
Profit Margin (%)
1.28
0.83
4.56
1.77
3.39
-12.96
-2.42
3.78
-1.78
2.75
4.57
8.05
11.54
7.66
9.11
Sales per Employee
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.27
0.27
0.27
0.27
0.27
0.27
0.27
0.27
0.27
0.27
0.27
0.27
0.27
0.27
0.27
Depreciation Expense
9
9
12
20
23
22
21
18
16
16
17
15
13
16
27
Basic Weighted Avg Shares
12
12
11
12
12
12
12
12
12
12
12
13
13
13
13
Basic EPS, GAAP
0.32
0.2
1.39
0.74
1.62
-5.44
-0.99
1.71
-0.71
1.04
2
4.2
5.78
3.25
4.87
Basic EPS from Cont Ops
0.32
0.2
1.39
0.74
1.62
-5.44
-0.99
1.71
-0.71
1.04
2
4.2
5.78
3.9
5.86
Diluted Weighted Avg Shares
12
12
11
12
12
12
12
12
12
12
12
13
13
13
13
Diluted EPS, GAAP
0.32
0.2
1.39
0.74
1.62
-5.44
-0.99
1.71
-0.71
1.04
2
4.2
5.78
3.25
4.87
Diluted EPS from Cont Ops
0.32
0.2
1.39
0.74
1.62
-5.44
-0.99
1.71
-0.71
1.04
2
4.2
5.78
3.9
5.86

Balance Sheet (USD)

APIChat
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Total Current Assets
208
191
204
311
280
255
266
291
283
280
329
381
381
374
385
+ Cash, Cash Equivalents & STI
94
71
62
77
85
73
69
54
72
85
62
70
127
69
58
+ Cash & Cash Equivalents
88
71
62
77
85
73
69
54
72
85
62
70
89
68
58
+ ST Investments
6
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
38
1
- -
+ Accounts & Notes Receiv
42
46
64
100
86
74
79
108
92
86
115
126
97
116
131
+ Accounts Receivable, Net
39
43
64
100
86
74
79
92
76
71
87
107
84
111
121
+ Notes Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Loans Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Receivable, Net
3
3
- -
- -
- -
- -
- -
16
16
14
28
18
13
5
10
+ Inventories
53
55
70
114
99
99
108
120
107
100
139
172
137
161
167
+ Raw Materials
28
26
29
52
42
43
47
63
48
41
67
75
64
75
74
+ Work In Process
7
8
9
16
17
18
18
21
27
26
31
44
42
54
58
+ Finished Goods
18
21
32
46
40
37
43
35
32
33
41
53
31
33
36
+ Inventory Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Inventory
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other ST Assets
18
19
8
20
11
9
10
9
11
10
12
13
21
27
28
+ Misc ST Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Prepaid Expenses
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Assets Held-for-Sale
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Noncurrent Assets
69
84
104
325
298
171
165
153
186
174
183
179
190
576
550
+ Property, Plant & Equip, Net
39
35
41
69
58
49
43
44
60
49
59
58
57
73
71
+ Property, Plant & Equip
98
100
115
156
153
149
157
164
187
161
169
167
136
150
150
- Accumulated Depreciation
58
65
74
87
96
100
114
120
126
112
110
108
79
77
79
+ LT Investments & Receivables
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
10
9
- -
+ LT Investments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
10
9
- -
+ LT Receivables
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other LT Assets
30
49
63
256
240
123
122
109
125
125
123
121
123
494
479
+ Total Intangible Assets
15
36
48
214
209
93
90
83
94
90
88
79
76
440
433
+ Goodwill
4
14
18
118
122
18
20
20
22
24
27
25
27
208
215
+ Other Intangible Assets
11
22
29
96
88
75
69
63
72
66
61
54
49
232
218
+ LT Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Assets
15
14
15
42
31
30
32
27
31
35
36
41
47
54
46
Total Assets
277
275
308
635
579
427
431
444
469
454
512
560
572
950
935
+ Payables & Accruals
42
46
52
98
80
76
77
87
70
67
97
105
91
101
101
+ Accounts Payable
18
19
30
62
50
47
48
56
44
40
66
65
40
49
53
+ Accrued Taxes
- -
1
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Interest & Dividends Payable
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Payables & Accruals
24
26
21
37
30
29
29
31
25
27
31
41
50
51
48
+ ST Debt
- -
- -
12
13
25
11
3
3
13
12
7
6
6
8
8
+ ST Borrowings
- -
- -
12
13
25
11
3
3
5
5
- -
- -
- -
- -
- -
+ ST Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
7
7
7
6
6
8
8
+ Other ST Liabilities
- -
- -
3
10
17
5
8
16
8
8
8
25
14
19
18
+ Deferred Revenue
- -
- -
- -
- -
4
- -
- -
- -
- -
- -
2
9
3
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc ST Liabilities
- -
- -
3
10
13
5
8
16
8
8
6
16
11
19
18
Total Current Liabilities
42
46
67
122
122
92
87
106
90
88
112
136
111
128
127
+ LT Debt
- -
- -
- -
219
159
130
120
112
150
118
127
111
74
310
213
+ LT Borrowings
- -
- -
- -
219
159
130
120
112
138
110
112
95
60
292
198
+ LT Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
12
8
15
16
14
18
16
+ Other LT Liabilities
13
13
12
70
65
46
66
49
61
62
64
51
46
70
76
+ Accrued Liabilities
- -
- -
- -
16
8
1
2
1
2
1
1
1
1
29
30
+ Pension Liabilities
9
11
11
14
16
17
19
19
22
25
24
19
20
18
19
+ Deferred Revenue
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Liabilities
4
2
2
40
41
28
45
29
37
37
39
31
25
23
27
Total Noncurrent Liabilities
13
13
12
289
224
176
186
161
211
181
191
162
120
381
289
Total Liabilities
56
60
79
411
345
268
273
267
301
268
303
298
231
509
417
+ Preferred Equity and Hybrid Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Share Capital & APIC
27
22
20
23
26
28
30
33
35
37
40
42
46
33
40
+ Common Stock
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
+ Additional Paid in Capital
25
20
19
22
24
27
29
31
34
36
38
41
44
32
38
- Treasury Stock
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Retained Earnings
196
195
208
213
229
161
148
169
157
166
188
237
308
345
403
+ Other Equity
-2
-1
1
-12
-22
-31
-20
-25
-24
-18
-19
-17
-12
-17
-17
Equity Before Minority Interest
221
215
229
224
233
158
158
176
168
186
209
262
341
361
426
+ Minority/Non Controlling Interest
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
81
93
Total Equity
221
215
229
224
233
158
158
176
168
186
209
262
341
441
519
Total Liabilities & Equity
277
275
308
635
579
427
431
444
469
454
512
560
572
950
935
Shares Outstanding
12
12
12
12
12
12
12
12
12
12
13
13
13
13
13
Number of Employees
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Capital Leases - Total
- -
- -
- -
- -
- -
- -
- -
- -
19
15
22
22
21
26
24
Net Debt
-88
-71
-50
155
99
68
53
60
71
31
51
25
-29
224
140
Net Debt to Equity
-39.91
-32.99
-21.92
69.33
42.26
42.82
33.77
34.17
42.5
16.49
24.31
9.43
-8.62
50.83
26.93
Tangible Common Equity Ratio
78.68
75.01
69.47
2.47
6.41
19.66
20.02
26.03
19.67
26.38
28.55
38.05
53.37
0.23
17.09
Current Ratio
4.9
4.12
3.05
2.55
2.3
2.77
3.05
2.74
3.14
3.2
2.94
2.8
3.45
2.92
3.02
Cash Conversion Cycle
109.42
106.32
106
107.45
98.29
104.43
110.1
113.4
121.23
121.96
117.03
127.84
138.21
184.48
164.11

Cash Flow Statement (USD)

APIChat
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
+ Net Income
4
2
16
9
19
-65
-12
21
-9
13
25
53
74
49
74
+ Depreciation & Amortization
9
9
12
20
23
22
21
18
16
16
17
15
13
16
27
+ Non-Cash Items
3
3
1
-3
2
99
10
4
7
3
-1
-3
-3
1
7
+ Stock-Based Compensation
2
2
2
3
3
3
3
3
3
2
2
2
3
4
7
+ Deferred Income Taxes
1
-1
-1
-3
- -
-6
- -
2
-2
-2
- -
-5
-4
-6
1
+ Asset Impairment Charge
- -
1
- -
- -
- -
106
- -
- -
9
- -
- -
- -
- -
- -
- -
+ Other Non-Cash Adj
- -
2
- -
-3
- -
-3
7
-1
-2
2
-4
-1
-3
4
-2
+ Chg in Non-Cash Work Cap
15
-3
-19
-4
21
-18
6
-33
9
14
-36
-24
24
7
-27
+ (Inc) Dec in Accts Receiv
14
- -
-8
1
12
11
-3
-14
19
8
-27
-11
28
1
-13
+ (Inc) Dec in Inventories
4
- -
-7
9
13
-3
-6
-25
17
10
-34
-37
34
15
-2
+ (Inc) Dec in Prepaid Assets
-2
- -
2
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inc (Dec) in Accts Payable
-1
-3
-6
-15
-7
-9
2
20
-31
-5
27
21
-24
-8
-6
+ Inc (Dec) in Other
- -
- -
- -
1
3
-17
13
-14
4
1
-2
2
-14
-1
-5
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Operating Activities
30
12
11
22
66
39
24
10
24
46
5
40
108
74
81
+ Change in Fixed & Intang
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp in Fixed & Intang
- -
- -
- -
- -
- -
6
- -
- -
6
4
7
2
6
1
8
+ Disp of Fixed Prod Assets
- -
- -
- -
- -
- -
6
- -
- -
6
4
7
2
6
1
8
+ Disp of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed & Intang
-3
-5
-8
-9
-10
-8
-6
-12
-10
-5
-9
-9
-12
-14
-12
+ Acq of Fixed Prod Assets
-3
-5
-7
-9
-10
-8
-6
-12
-10
-5
-9
-9
-12
-14
-12
+ Acq of Intangible Assets
- -
- -
-1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash (Repurchase) of Equity
- -
-7
-3
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-16
- -
+ Increase in Capital Stock
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Decrease in Capital Stock
- -
-7
-3
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-16
- -
+ Net Change in LT Investment
-5
5
3
-3
3
2
- -
- -
- -
- -
- -
- -
-40
37
1
+ Dec in LT Investment
- -
5
3
- -
3
2
- -
1
- -
- -
- -
- -
20
168
1
+ Inc in LT Investment
-5
- -
- -
-3
- -
- -
- -
-1
- -
- -
- -
- -
-60
-131
- -
+ Net Cash From Acq & Div
- -
-19
-31
-209
- -
- -
- -
-2
-29
- -
-17
- -
-5
-320
- -
+ Cash from Divestitures
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5
- -
- -
+ Cash for Acq of Subs
- -
-19
-31
-209
- -
- -
- -
-2
-29
- -
-17
- -
-10
-320
- -
+ Cash for JVs
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Investing Activities
-15
- -
10
3
-3
-2
- -
- -
- -
- -
- -
- -
-2
-1
- -
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Investing Activities
-22
-19
-26
-218
-10
-2
-6
-14
-33
-2
-19
-7
-54
-298
-3
+ Dividends Paid
-3
-3
-3
-3
-3
-3
-3
-3
-3
-3
-3
-3
-3
-3
-3
+ Net Cash From Debt
- -
- -
13
220
-46
-44
-19
-9
29
-28
-4
-35
-70
228
-90
+ Cash From Debt
- -
- -
13
238
12
- -
131
8
44
- -
115
- -
10
242
8
+ Repayments of Debt
- -
- -
- -
-18
-58
-44
-150
-17
-15
-28
-119
-35
-80
-15
-98
+ Other Financing Activities
- -
- -
- -
-6
- -
-1
-2
- -
- -
-1
-1
18
35
-2
-1
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Financing Activities
-3
-10
6
212
-49
-47
-24
-12
25
-32
-8
-21
-39
206
-94
Effect of Foreign Exchange Rates
- -
- -
- -
-1
1
- -
2
- -
2
- -
-1
-3
3
-4
6
Net Changes in Cash
5
-17
-10
16
7
-11
-7
-16
17
12
-23
12
16
-18
-17
EBITDA
20
16
29
36
54
51
38
45
22
34
43
86
108
85
134
EBITDA Margin (%)
6.69
5.59
8.25
7.32
9.5
10.13
7.81
8.28
4.49
7.26
7.86
13.1
16.81
15.82
19.89
Free Cash Flow
27
7
2
13
56
30
18
-1
15
41
-5
31
96
60
69
Net Cash Paid for Acquisitions
- -
19
31
209
- -
- -
- -
2
29
- -
17
- -
5
320
- -
Free Cash Flow to Firm
27
- -
- -
17
62
- -
9
3
- -
- -
-2
34
99
63
80
Free Cash Flow to Equity
28
7
16
234
10
-7
-1
-10
49
16
-2
-2
32
288
-14
Free Cash Flow per Basic Share
2.32
0.58
0.2
1.15
4.71
2.55
1.47
-0.12
1.19
3.3
-0.38
2.51
7.53
4.75
5.43
Price/Free Cash Flow
7.52
12.45
11.77
8.89
2.3
6.45
8.6
7.68
5.79
3.17
13.26
8.22
6.85
12.89
20.72
Cash Flow to Net Income
8.04
4.89
0.67
2.61
3.43
-0.6
-2.03
0.49
-2.8
3.6
0.19
0.76
1.47
1.81
1.31
Capital Expenditures
-3
-5
-8
-9
-10
-8
-6
-12
-10
-5
-9
-9
-12
-14
-12