Diodes (DIOD) FY2012 results: revenue $634 million, down 0.2% on the year
Diodes Inc. (DIOD) reported revenue of $634 million for fiscal 2012, the year ended 31 December 2012, down 0.2% on the year before. Net income was $24 million, down 52.4%, and diluted earnings per share $0.51. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2013.
Revenue
$634 million
-0.2% on the year
FY2008FY2012
Operating margin
3.9%
11.3% a year earlier
FY2008FY2012
Net income
$24 million
-52.4% on the year
FY2008FY2012
Diluted EPS
$0.51
-53.2% on the year
FY2008FY2012
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Revenue
634
635
613
-0.2%
Cost of revenue
472
442
388
+6.9%
Gross profit
162
194
225
-16.6%
Gross margin
25.5%
30.5%
36.7%
Research and development
33.8
27.2
26.6
+24.0%
Selling, general and administrative
101
90.0
88.8
+12.7%
Operating income
24.9
72.0
105
-65.4%
Operating margin
3.9%
11.3%
17.1%
Interest expense
0.9
3.1
5.2
-72.1%
Pre-tax income
30.8
63.7
98.1
-51.6%
Income tax
4.8
10.2
17.8
-52.5%
Effective tax rate
15.7%
16.0%
18.2%
Net income
24.2
50.7
76.7
-52.4%
Net margin
3.8%
8.0%
12.5%
Diluted EPS
$0.51
$1.09
$1.68
-53.2%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Operating cash flow
64.2
61.6
118
+4.2%
Capital expenditure
58.2
n/a
n/a
Free cash flow
6.1
n/a
n/a
Free cash flow margin
1.0%
n/a
n/a
Cash from investing
-77.4
-98.3
210
Cash from financing
38.5
-108
-295
Depreciation and amortisation
64.2
61.4
51.8
+4.5%
Share-based compensation
14.4
13.7
13.1
+5.1%
Diluted shares, weighted
47m
47m
46m
+0.4%
Shares outstanding at period end
46m
45m
45m
+1.3%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
677
634
541
+6.9%
Non-controlling interest
43.3
15.0
11.4
+189.2%
Debt
51.8
10.9
3.8
+376.7%
Other liabilities
148
133
290
+10.8%
Total liabilities and equity
920
793
847
+16.0%
Fixed assets
243
225
201
+7.9%
Goodwill
87.4
67.8
68.9
+28.8%
Intangible assets
44.3
24.2
28.8
+83.2%
Investments
0.0
n/a
0.0
Cash and equivalents
157
130
271
+21.3%
Receivables
152
132
129
+14.9%
Inventory
153
140
121
+9.2%
Other assets
82.6
73.4
27.3
+12.5%
Total assets
920
793
847
+16.0%
10-K for the year ended 31 December 2012, filed 27 February 2013: the filing.