Advantest market cap is ¥1.8 t, and annual revenue was ¥282.46 b in FY 2018

Advantest Gross profit (Q3, 2019)39.4 B

Advantest Gross profit margin (Q3, 2019), %56.4%

Advantest Net income (Q3, 2019)11.9 B

Advantest EBIT (Q3, 2019)14.3 B

Advantest Cash, 31-Dec-2019149.8 B

Advantest EV1.6 T

Advantest revenue was ¥282.46 b in FY, 2018 which is a 36.3% year over year increase from the previous period.

Advantest revenue breakdown by business segment: 75.0% from Semiconductor and Component Test System Business, 13.9% from Mechatronics System Business and 11.2% from Services, Support and Others

Advantest revenue breakdown by geographic segment: 5.3% from Japan, 87.4% from Asia and 7.3% from Other

JPY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Revenue | 155.9b | 207.2b | 282.5b |

| 33% | 36% | |

## Cost of goods sold | 66.2b | 100.6b | 128.4b |

## Gross profit | 89.7b | 106.6b | 154.0b |

| 58% | 51% | 55% |

## General and administrative expense | 76.2b | 82.6b | 93.1b |

## Operating expense total | 76.2b | 82.6b | 93.1b |

## EBIT | 13.9b | 24.5b | 64.7b |

| 9% | 12% | 23% |

## Interest expense | 227.0m | 77.0m | 77.0m |

## Interest income | 1.3b | 621.0m | 1.6b |

## Pre tax profit | 15.0b | 24.3b | 66.2b |

## Income tax expense | 821.0m | 6.2b | 9.2b |

## Net Income | 14.2b | 18.1b | 57.0b |

## EPS | 74.0 | 92.7 | 287.4 |

JPY | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 40.7b | 47.7b | 50.9b | 70.9b | 72.6b | 74.9b | 66.2b | 71.6b | 69.9b |

## Cost of goods sold | 20.1b | 22.8b | 27.6b | 32.7b | 33.7b | 32.4b | 26.8b | 30.6b | 30.5b |

## Gross profit | 20.6b | 24.9b | 23.3b | 38.2b | 38.9b | 42.5b | 39.4b | 41.0b | 39.4b |

| 51% | 52% | 46% | 54% | 54% | 57% | 59% | 57% | 56% |

## General and administrative expense | 18.4b | 20.2b | 20.1b | 22.5b | 21.9b | 24.4b | 24.2b | 23.4b | 24.9b |

## Operating expense total | 18.4b | 20.2b | 20.1b | 22.5b | 21.9b | 24.4b | 24.2b | 23.4b | 24.9b |

## EBIT | 2.2b | 5.2b | 3.2b | 15.8b | 17.9b | 20.7b | 15.2b | 17.7b | 14.3b |

| 5% | 11% | 6% | 22% | 25% | 28% | 23% | 25% | 20% |

## Interest expense | 1.1b | 488.0m | 32.0m | 33.0m | 25.0m | 355.0m | 443.0m | 38.0m | 42.0m |

## Interest income | 454.0m | 107.0m | 198.0m | 752.0m | 640.0m | 271.0m | 232.0m | 650.0m | 267.0m |

## Pre tax profit | 1.6b | 4.8b | 3.4b | 16.5b | 18.6b | 20.6b | 14.9b | 18.3b | 14.5b |

## Income tax expense | 576.0m | 870.0m | 852.0m | 2.6b | 2.3b | 2.7b | 2.9b | 3.6b | 2.5b |

## Net Income | 991.0m | 3.9b | 2.5b | 13.9b | 16.3b | 17.9b | 12.1b | 14.7b | 11.9b |

JPY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Cash | 95.3b | 104.0b | 119.9b |

## Accounts Receivable | 32.5b | 37.9b | 51.8b |

## Inventories | 39.1b | 49.6b | 57.1b |

## Current Assets | 171.1b | 197.1b | 133.3b |

## PP&E | 29.9b | 29.2b | 30.8b |

## Total Assets | 231.6b | 254.6b | 304.6b |

## Accounts Payable | 28.5b | 43.3b | 43.9b |

## Short-term debt | 15.0b | 29.9b | |

## Current Liabilities | 51.4b | 87.2b | 62.8b |

## Long-term debt | 29.7b | ||

## Non-Current Liabilities | 70.7b | 42.8b | 43.0b |

## Total Debt | 44.7b | 29.9b | |

## Total Liabilities | 122.1b | 129.9b | 105.9b |

## Common Stock | 32.4b | 32.4b | 32.4b |

## Retained Earnings | 113.7b | 125.2b | 125.9b |

## Total Equity | 109.5b | 124.6b | 198.7b |

## Debt to Equity Ratio | 0.4 x | 0.2 x | |

## Debt to Assets Ratio | 0.2 x | 0.1 x | |

## Financial Leverage | 2.1 x | 2 x | 1.5 x |

JPY | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Net Income | 14.2b | 18.1b | 57.0b |

## Depreciation and Amortization | 5.2b | 5.0b | 5.0b |

## Accounts Receivable | (4.6b) | (5.9b) | (14.1b) |

## Inventories | (5.3b) | (10.5b) | (6.9b) |

## Accounts Payable | 6.4b | 14.5b | 632.0m |

## Cash From Operating Activities | 15.8b | 28.3b | 44.8b |

## Purchases of PP&E | (4.0b) | (4.1b) | (5.9b) |

## Cash From Investing Activities | (3.5b) | (2.3b) | (15.9b) |

## Long-term Borrowings | (15.0b) | ||

## Dividends Paid | (4.0b) | (3.7b) | (13.8b) |

## Cash From Financing Activities | (1.0b) | (15.2b) | (13.7b) |

## Net Change in Cash | 9.9b | 8.6b | 16.0b |

## Interest Paid | 95.0m | 48.0m | 3.0m |

## Income Taxes Paid | 2.9b | 3.3b | 4.7b |

JPY | FY, 2017 |
---|---|

## Revenue/Employee | 34.2m |

## Debt/Equity | 0.4 x |

## Debt/Assets | 0.2 x |

## Financial Leverage | 2.1 x |

Advantest's Backlog was reported to be ¥64.3b in Q3, 2019.

FY, 2018 | FY, 2017 | FY, 2016 | |
---|---|---|---|

Male, percent | 41% | 41.2% | 41.5% |

Male (Board), percent | 45% | 50% | 50% |

Female, percent | 9% | 8.8% | 8.4% |

Other | 5% |

- Source: www2.advantest.com