NXP Semiconductors NV NXPI equity, debt and subsidiaries

Accuracy score :
97%

NXP Semiconductors NV NXPI

Summary (from the latest annual report)

  • Total equity: 13.53 billion USD
  • Market Cap is 36.75 billion USD (the last price of the stock is 107.17 USD)
  • NXP Semiconductors NV is a global semiconductor company. It provides high performance mixed signal and standard product solutions
  • Total equity has increased from 10.93 billion USD in 2016 to 13.53 billion in 2017
  • Company has 3.54 billion USD in cash on the account (latest annual report)
  •  In 2017 long-term debt was 5.8 billion USD, short – term debt was 751 million USD (In 2016 total debt was 9.2 billion USD)
  • Company's revenue decreased in 2017 to 9.25 billion USD from 9.49 billion in 2016
  • Net income in 2017 was 2.21 billion USD, Net income in 2016 was 200 million USD

 

Opinion about the company

Fundamentally it is a good company and in the future, we can expect its growth (Total debt is 6.55 billion USD, big amount of cash on company's account, ROE is around 18 %).

NXP Semiconductors N.V. is a Dutch global semiconductor manufacturer headquartered in Eindhoven, Netherlands. The company employs approximately 45,000 people in more than 35 countries, including 11,200 engineers in 23 countries. NXP Semiconductors provides mixed signal and standard products based on its security, identification, automotive, networking, radio frequency, analog signal, and power management expertise. With an emphasis on security of the connected vehicle and the Internet of things, the company's products are used in automotive, identification, wired and wireless infrastructure, lighting, industrial, consumer, mobile and computing applications. For example, in order to protect against potential hackers, NXP offers gateways to automotive manufacturers that prevent communication with every network within a car independently. NXP is one of the largest non-memory semiconductor suppliers and the leading semiconductor supplier for the secure identification, automotive and digital networking industries. NXP is the co-inventor of near field communication (NFC) technology along with Sony and supplies NFC chipsets that enable mobile phones to be used to pay for goods and store and exchange data securely. NXP manufactures chips for eGovernment applications such as electronic passports; RFID tags and labels; and transport and access management, with the chipset and contactless card for MIFARE used by many major public transit systems worldwide.

The company was founded in 1953 as part of the electronics firm Philips, with manufacturing and development in Nijmegen, Netherlands. Known then as Philips Semiconductors, the company was sold to a consortium of private equity investors in 2006, at which point the company's name was changed to NXP. On March 2, 2015, it was announced that NXP Semiconductors would merge with chip designer and manufacturer Freescale Semiconductor in a $40 billion US-dollar deal. The merger was closed on December 7, 2015. On August 6, 2010, NXP announced its initial public offering at NASDAQ, with 34,000,000 shares, pricing each $14

  • High Performance Mixed Signal (“HPMS”) represents 94 % of total revenues
  • Standard Products (“SP”) represents 1% of total revenues
  • Corporate and Other represent 5% of total revenues

 NXP standalone subsidiaries and acquisitions :

  • NXP owns over 9,000 issued or pending patents
  • In last 10 years, NXP has several smaller acquisitions worth around 600 million USD - NXP's first acquisition as an independent company was in 2007, when NXP announced that it would acquire Silicon Laboratories’ AeroFONE single-chip phone and power amplifier product lines to strengthen its Mobile and Personal business. On July 26, 2010, NXP announced that it had acquired Jennic based in Sheffield, UK. In April 2012, NXP announced its intent to acquire electronic design consultancy Catena to work on automotive applications. In May 2013, NXP announced that it acquired Code Red Technologies, a provider of embedded software development such as the LPCXpresso IDE and Red Suite. Other acquisitions include Conexant Systems, Athena Smartcard..
  • In 2015 NXP Semiconductors agreed to buy smaller U.S. rival Freescale Semiconductor Ltd. for about 11.6 billion USD in cash and stock to expand its market share in chips for cars and reduce costs

 

Total =  12.2 billion USD + 9,000 issued or pending patents

In April 2017, Qualcomm received approval from U.S. antitrust regulators for the acquisition of NXP for $47 billion. However, the acquisition has not received approval from Chinese authorities and Qualcomm has refiled an antitrust application and request to purchase with the PRC Ministry of Commerce