ChipMOS TECHNOLOGIES INC.
NASDAQ•IMOS
CEO: Mr. Shih-Jye Cheng
Sector: Technology
Industry: Semiconductors
Listing Date: 2003-07-03
ChipMOS TECHNOLOGIES INC. engages in the research, development, manufacture, and sale of high-integration and high-precision integrated circuits, and related assembly and testing services in the People's Republic of China, Taiwan, Japan, Singapore, and internationally. It operates through Testing; Assembly; Testing and Assembly for LCD, OLED and Other Display Panel Driver Semiconductors; Bumping; and Others segments. The company provides a range of back-end assembly and testing services, including engineering test, wafer probing, and final test of memory and logic/mixed-signal semiconductors, as well as leadframe-based and organic substrate-based package assembly services for memory and logic/mixed-signal semiconductors; and gold bumping, and testing and assembly services for LCD, OLED, and other panel display driver semiconductors. Its semiconductors are used in personal computers; office automation and consumer electronics; and communications equipment applications. The company was incorporated in 1997 and is headquartered in Hsinchu City, Taiwan.
Contact Information
Market Cap
$1.06B
P/E (TTM)
168.7
70.2
Dividend Yield
2.7%
52W High
$30.98
52W Low
$12.78
52W Range
Rank36Top 23.7%
4.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$205.23M+1.25%
4-Quarter Trend
EPS
$0.33+21.95%
4-Quarter Trend
FCF
$14.14M-5846.05%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Revenue Increased 6% Total revenue reached NT$22.7B (US$692M) in 2024, marking a 6% increase driven by testing and bumping services growth.
Assembly Revenue Strong Growth Assembly services revenue grew 16% to NT$5.39B, primarily due to increased customer demand and sales quantity rising 36%.
Strong Cash Position Maintained Cash and cash equivalents totaled NT$15.22B at year-end 2024, supporting liquidity despite increased capital expenditures of NT$5.45B.
R&D Investment Maintained R&D spending was NT$1.16B in 2024, maintaining investment at 5.1% of total revenue to support advanced technology development.
Risk Factors
Net Profit Declined Sharply Profit for the year fell 27% to NT$1.44B in 2024, impacted by lower utilization rates and increased cost of revenue.
Gross Margin Erosion Continues Overall gross profit margin compressed to 13.0% in 2024, as cost of revenue increased faster than revenue growth.
Display Segment Revenue Softness Display panel driver revenue decreased 6% to NT$7.32B due to softness in TV/smartphone demand and customer de-stocking.
High Customer Concentration Risk Reliance on key accounts remains high; top five customers accounted for 60% of total revenue in 2024.
Outlook
Strategy Focus on Growth Segments Intends to reinforce leading position by focusing on memory, logic/mixed-signal, OLED, and automotive panel driver semiconductors.
Continued R&D Technology Investment Focus R&D efforts on silver alloy bumping, 1M1P RDL, and advanced COF/COG technologies for higher margins.
Capital Expenditures Remain High Capital expenditures totaled NT$5.45B in 2024, signaling ongoing investment in capacity expansion and technology upgrades.
Share Cancellation Approved Board resolved April 15, 2025, to cancel 10,000 thousand repurchased common shares, impacting outstanding share count.
Peer Comparison
Revenue (TTM)
ADTN$1.04B
$957.34M
$727.51M
Gross Margin (Latest Quarter)
APPS92.0%
AIP89.9%
CEVA86.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| IMOS | $1.06B | 168.7 | 0.8% | 36.2% |
| POET | $941.70M | -12.7 | -119.7% | 6.8% |
| AIP | $856.64M | -24.3 | 551.4% | 4.3% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
7.1%
Steady Growth
4Q Net Income CAGR
17.8%
Profitability Improved
Cash Flow Stability
75%
Volatile Cash Flow
Research & Insights
Next earnings:Feb 23, 2026
EPS:-
|Revenue:-
Reports
All Years
Form 20-F - FY 2024
Period End: Dec 31, 2024|Filed: Apr 15, 2025|Revenue: $708.61M+6.3%|EPS: $1.22-25.0%BeatForm 20-F - FY 2023
Period End: Dec 31, 2023|Filed: Apr 11, 2024|Revenue: $687.61M-9.2%|EPS: $1.67-44.0%BeatForm 20-F - FY 2022
Period End: Dec 31, 2022|Filed: Apr 13, 2023|Revenue: $791.22M-14.2%|EPS: $3.12-31.7%BeatForm 20-F - FY 2021
Period End: Dec 31, 2021|Filed: Apr 14, 2022|Revenue: $983.43M+19.1%|EPS: $4.87+108.3%BeatForm 20-F - FY 2020
Period End: Dec 31, 2020|Filed: Apr 20, 2021|Revenue: $785.36M+13.1%|EPS: $2.23+1817.6%Beat