CHIPMOS TECHNOLOGIES INC
IMOS · Semiconductors & Related Devices · EDGAR filings ↗
Grade
C62Smaller OSAT with below-median margins and declining revenue and earnings.
Strengths
- Healthy liquidity: current ratio 2.7 (48.8th), quick ratio 2.4 (58.3rd), positive FCF
- OCF margin 26% (70.7th)
Risks
- Low gross margin 13% (10.8th); ROE just 5.8% (52.6th) and ROA 3.2% (57th)
- Revenue flat to down (-0.4%, 23.6th) and net income down 31% (42nd)
- Cyclical display-driver/memory exposure, ASP erosion, China/Taiwan and FX risk
Notable findings
- Fund exitedNotable fund(s) exited this quarter: GOLDMAN SACHS GROUP INC
- Strong balance sheetStrong balance sheet — $464M cash & investments
- Pending mergerOn January 21, 2016, ChipMOS Bermuda and the Company entered into the Merger Agreement, pursuant to which ChipMOS Bermuda merged with and into the Company, with the latter being the surviving company
- Notable holderHeld by 2 notable fund(s): RENAISSANCE TECHNOLOGIES LLC, CITADEL ADVISORS LLC (as of 2026-03-31)
Key metrics
Gross margin
13.0%
Operating margin
5.6%
Net margin
6.3%
Return on equity
5.8%
Return on assets
3.2%
ROIC
2.6%
Revenue growth (QoQ)
-0.7%
Net-income growth
-31.6%
Debt / equity
0.6×
Interest coverage
4.6×
Current ratio
2.7×
Free cash flow
$26M
Tangible book value
$763M
Cash & investments
$464M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-14 | 2025-12-31 | 0001193125-26-153743 ↗ |
| 20-F | 2025-04-15 | 2024-12-31 | 0000950170-25-053927 ↗ |
| 20-F | 2024-04-11 | 2023-12-31 | 0000950170-24-043516 ↗ |
| 20-F | 2023-04-13 | 2022-12-31 | 0000950170-23-012607 ↗ |
| 20-F | 2022-04-14 | 2021-12-31 | 0001193125-22-104872 ↗ |
| 20-F | 2021-04-20 | 2020-12-31 | 0001193125-21-121875 ↗ |
| 20-F | 2020-04-23 | 2019-12-31 | 0001193125-20-115821 ↗ |
| 20-F | 2019-04-25 | 2018-12-31 | 0001193125-19-117833 ↗ |
| 20-F | 2018-04-19 | 2017-12-31 | 0001193125-18-121873 ↗ |
| 20-F | 2017-04-20 | 2016-12-31 | 0001193125-17-129583 ↗ |