Acm Research Inc

Acm Research Inc

ACMR · NASDAQ · Technology / Semiconductor Equipment & Materials

47.95USD-1.93 (-3.87%)

Price History

Full chart

Market Stats

Previous Close49.88
Open48.74
Day Range45.68 – 49.08
52-Week Range28.46 – 127.19
Volume864.34K
Market Cap3.11B
P/E (TTM)27.88
Forward P/E16.69
EPS1.60
Dividend Yield0.00%
Beta2.23
50-Day Avg64.92
200-Day Avg68.37

About

ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells capital equipment in Mainland China and internationally. It also develops, manufactures, and sells a range of packaging tools to wafer assembly and packaging customers. The company provides wet cleaning equipment for front end production processes; electrochemical plating, furnace, PECVD, and track platforms; Space Alternated Phase Shift, technology for flat and wafer surfaces; timely energized bubble oscillation, technology for patterned wafer surfaces at advanced process nodes; and Tahoe technology; and semi-critical cleaning tools. It also offers advanced packaging equipment, such as coaters, developers, photoresist strippers, scrubbers, wet etchers and copper-plating equipment; and advanced packaging products include: Ultra ECP ap, which delivers a uniform metal layer to finished wafers prior to packaging; Ultra C Developer, which applies liquid developer to selected parts of photoresist to resolve an image; Ultra C PR Megasonic-Assisted Stripper, which removes photoresist; Ultra C Scrubber, which scrubs and cleans wafers; Ultra C Thin Wafer Scrubber, which addresses a sub-market of cleaning very thin wafers for certain Asian assembly factories; and Ultra C Wet Etcher, which etches silicon wafers and copper and titanium interconnects. In addition, the company provides ECP technology for advanced metal plating; Ultra fn Furnace, a dry processing tool; Ultra Pmax PECVD tools, a proprietary designed chamber, gas distribution unit, and chuck; and Ultra Track, a 300mm process tool that delivers uniform air downflow, fast robot handling and configurable software to address specific customer requirements. It markets and sells its products under the SAPS, TEBO, ULTRA C, ULTRA Fn, Ultra ECP, Ultra ECP map, and Ultra ECP ap trademarks through direct sales force and third-party representatives. ACM Research, Inc. was incorporated in 1998 and is headquartered in Fremont, California.

Company Details

  • SectorTechnology
  • IndustrySemiconductor Equipment & Materials
  • CEODr. Hui Wang Ph.D.
  • Employees2.51K
  • Headquarters42307 Osgood Road, Fremont, CA, United States, 94539, USA
  • Websitehttps://www.acmr.com

Leadership

  • Dr. Hui Wang Ph.D.Founder, Chairman, CEO & President · b. 1961
  • Mr. Mark A. McKechnieCFO, Executive VP, Secretary & Treasurer · b. 1967
  • Ms. Yi Lu FengChief Financial Officer of ACM Research (Shanghai), Inc. · b. 1958
  • Mr. Jian WangChief Executive Officer and President of ACM Research (Shanghai), Inc. · b. 1965

Financials

Income Statement

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue31.21M27.37M36.51M74.64M107.52M156.62M259.75M388.83M557.72M782.12M901.31M
Growth (%)--12.29%+33.37%+104.47%+44.05%+45.66%+65.84%+49.69%+43.44%+40.23%+15.24%
Cost of Revenue17.09M14.04M19.28M40.19M56.87M87.03M144.90M205.22M281.51M390.56M501.24M
Gross Profit14.12M13.33M17.23M34.45M50.65M69.60M114.86M183.62M276.21M391.55M400.07M
Gross Margin45.25%48.70%47.18%46.15%47.11%44.44%44.22%47.22%49.53%50.06%44.39%
Operating Expense9.26M9.84M16.52M27.98M32.86M48.11M76.15M124.58M180.38M240.56M290.64M
Operating Income4.86M3.49M700.00K6.47M17.79M21.49M38.70M59.03M95.84M151.00M109.43M
Operating Margin15.58%12.75%1.92%8.67%16.55%13.72%14.90%15.18%17.18%19.31%12.14%
EBITDA5.67M3.35M223.00K6.89M18.58M21.33M46.17M74.38M126.99M180.42M158.47M
EBITDA Margin18.18%12.24%0.61%9.23%17.28%13.62%17.78%19.13%22.77%23.07%17.58%
Net Income5.38M1.03M-316.00K6.57M18.89M18.78M37.76M39.26M77.35M103.63M94.08M
Net Income Margin17.24%3.77%-0.87%8.81%17.57%11.99%14.54%10.10%13.87%13.25%10.44%
R&D2.94M3.26M5.14M10.38M12.90M19.12M34.21M62.23M92.71M105.47M144.99M
R&D as % of Total Revenue9.43%11.91%14.07%13.91%12.00%12.21%13.17%16.00%16.62%13.49%16.09%
Interest Expense122.00K181.00K277.00K498.00K745.00K982.00K765.00K1.66M2.68M4.15M6.96M
Interest Expense % of Total Revenue0.39%0.66%0.76%0.67%0.69%0.63%0.29%0.43%0.48%0.53%0.77%

Balance Sheet

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets32.15M44.47M67.89M103.05M217.70M341.26M1.05B1.24B1.49B1.86B2.87B
Total Liabilities36.63M41.98M28.03M50.72M120.38M133.09M240.51M423.33M564.75M759.82M941.68M
Total Equity-8.24M-2.43M39.86M52.32M97.32M141.15M676.20M674.86M767.39M904.63M1.46B
Cash4.40M10.12M17.68M27.12M58.26M71.77M562.55M247.95M182.09M407.44M765.96M
Total Debt9.69M4.77M5.11M9.45M17.64M50.01M39.14M79.50M99.10M188.78M302.98M
Net Debt5.29M-5.35M-12.57M-17.68M-40.62M-21.75M-523.41M-168.45M-82.99M-218.66M-462.99M

Cash Flow

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow2.70M-3.70M-8.10M6.91M9.40M-13.55M-40.09M-62.19M-75.32M152.45M-10.32M
Investing Cash Flow-1.37M-810.00K-23.72M-2.07M-5.53M-69.95M-11.28M-265.67M-6.75M-11.96M-390.33M
Financing Cash Flow2.27M10.55M38.72M5.12M87.44M32.83M538.77M45.87M18.53M92.48M742.49M
Capital Expenditure1.37M817.00K766.00K2.07M1.13M55.48M9.71M92.52M64.34M82.46M56.28M
Free Cash Flow1.33M-4.52M-8.87M4.84M8.28M-69.03M-49.80M-154.71M-139.66M69.99M-66.61M
Dividends Paid--13.09M-18.74M555.00K003.95M6.90M7.58M
FCF to OCF49.26%122.07%109.46%70.02%88.04%509.57%124.22%248.76%185.42%45.91%645.11%
Dividend Paid to FCF---147.59%-226.38%-0.80%0.00%0.00%-2.83%9.86%-11.38%

Earnings

Report DateAug 30, 2017Dec 7, 2017Mar 5, 2018May 8, 2018Aug 7, 2018Nov 7, 2018Mar 6, 2019May 7, 2019Aug 7, 2019Nov 7, 2019Mar 18, 2020May 6, 2020Aug 5, 2020Nov 5, 2020Feb 25, 2021May 6, 2021Aug 6, 2021Nov 4, 2021Feb 25, 2022May 6, 2022Aug 5, 2022Nov 4, 2022Feb 24, 2023May 5, 2023Aug 4, 2023Nov 7, 2023Feb 28, 2024May 8, 2024Aug 7, 2024Nov 7, 2024Feb 25, 2025May 6, 2025Aug 6, 2025Nov 5, 2025Feb 26, 2026May 7, 2026Aug 7, 2026Nov 4, 2026Nov 5, 2026
EPS Estimate0.00-0.060.03-0.030.030.030.030.020.040.070.030.010.060.110.090.050.100.120.230.010.030.230.140.040.150.340.170.330.350.370.390.350.500.320.260.200.210.410.41
EPS Actual-0.14-0.040.07-0.010.060.080.050.050.090.180.080.040.100.140.100.120.060.190.27-0.010.220.420.190.150.480.570.430.520.550.630.560.460.540.250.150.340.52-0.55
Surprise-33.33%133.33%66.67%100.00%166.67%66.67%150.00%125.00%157.14%166.67%300.00%66.67%27.27%11.11%140.00%-40.00%58.33%17.39%-200.00%633.33%82.61%35.71%275.00%220.00%67.65%152.94%57.58%57.14%70.27%43.59%32.37%8.00%-21.88%-42.31%70.00%147.62%-34.15%
Timing-Pre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hours-Pre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap3.11B
Enterprise Value2.14B
Trailing P/E27.88
Forward P/E16.69
Price / Sales2.73
Price / Book1.64
EPS1.60
Book Value27.20
Revenue (TTM)1.14B
Gross Profit (TTM)494.18M
EBITDA189.09M
Profit Margin10.20%
Operating Margin15.10%
Return on Equity7.76%
Return on Assets3.23%
Shares Outstanding64.66M
Shares Float61.81M
Beta2.23
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 10 analystsTarget 115.33
  • Strong Buy
    6
  • Buy
    3
  • Hold
    1

Ownership Breakdown

Institutions
77.96%
Insiders
3.86%
Retail / Other
18.18%

Top Institutional Holders

  • BlackRock Inc
    8.66M12.43%
  • Vanguard Portfolio Management, LLC
    3.35M4.81%
  • Vanguard Capital Management, LLC
    2.46M3.54%
  • Capital World Investors
    2.40M3.44%
  • State Street Corp
    2.19M3.14%
  • Geode Capital Management, LLC
    1.49M2.14%
  • Amvescap Plc.
    1.17M1.68%
  • Dimensional Fund Advisors, Inc.
    1.06M1.51%
  • Value Aligned Research Advisors LLC
    1.05M1.51%
  • Ward Ferry Management (Bvi) Limited
    969.20K1.39%
  • WCM Investment Management
    917.65K1.32%
  • Tekne Capital Management, LLC
    737.50K1.06%
  • Polunin Capital Partners Ltd
    731.40K1.05%
  • Morgan Stanley - Brokerage Accounts
    700.18K1.01%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    3.54M5.08%
  • American Funds SMALLCAP World A
    2.95M4.23%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.85M2.66%
  • iShares Russell 2000 ETF
    1.45M2.08%
  • Vanguard Information Technology ETF
    1.26M1.81%
  • Invesco Semiconductors ETF
    888.00K1.27%

Stock Splits

  • Mar 24, 2022959692:319897