Analysis of Geographic Areas
Monolithic Power Systems Inc. operates in 4 regions: China; Taiwan; United States; and Other.
Area Asset Turnover
Monolithic Power Systems Inc., asset turnover by geographic area
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| China | 4.68 | 3.31 | 3.40 | 3.36 | 3.60 |
| Taiwan | 11.61 | 8.63 | 5.81 | 4.18 | 4.44 |
| United States | 0.88 | 0.31 | 0.20 | 0.19 | 0.25 |
| Other | 23.13 | 17.18 | 21.56 | 72.98 | 20.47 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | China | China area asset turnover ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
| Taiwan | Taiwan area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. | |
| United States | United States area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. | |
| Other | Other area asset turnover ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Area Asset Turnover: China
Monolithic Power Systems Inc.; China; area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenue | 938,946) | 700,985) | 516,519) | 382,740) | 334,726) |
| Long-lived assets | 200,508) | 211,973) | 151,752) | 113,888) | 93,096) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 4.68 | 3.31 | 3.40 | 3.36 | 3.60 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 938,946 ÷ 200,508 = 4.68
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | China | China area asset turnover ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Area Asset Turnover: Taiwan
Monolithic Power Systems Inc.; Taiwan; area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenue | 233,040) | 169,130) | 109,256) | 73,801) | 75,307) |
| Long-lived assets | 20,074) | 19,607) | 18,797) | 17,652) | 16,972) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 11.61 | 8.63 | 5.81 | 4.18 | 4.44 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 233,040 ÷ 20,074 = 11.61
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Taiwan | Taiwan area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Area Asset Turnover: United States
Monolithic Power Systems Inc.; United States; area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenue | 99,804) | 35,770) | 20,098) | 17,836) | 17,621) |
| Long-lived assets | 113,996) | 113,805) | 101,768) | 94,671) | 71,025) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.88 | 0.31 | 0.20 | 0.19 | 0.25 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 99,804 ÷ 113,996 = 0.88
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Area Asset Turnover: Other
Monolithic Power Systems Inc.; Other; area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenue | 522,358) | 301,913) | 198,579) | 153,544) | 154,728) |
| Long-lived assets | 22,579) | 17,577) | 9,211) | 2,104) | 7,560) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 23.13 | 17.18 | 21.56 | 72.98 | 20.47 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 522,358 ÷ 22,579 = 23.13
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other | Other area asset turnover ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Revenue
Monolithic Power Systems Inc., revenue by geographic area
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| China | 938,946) | 700,985) | 516,519) | 382,740) | 334,726) |
| Taiwan | 233,040) | 169,130) | 109,256) | 73,801) | 75,307) |
| United States | 99,804) | 35,770) | 20,098) | 17,836) | 17,621) |
| Other | 522,358) | 301,913) | 198,579) | 153,544) | 154,728) |
| Total | 1,794,148) | 1,207,798) | 844,452) | 627,921) | 582,382) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Long-lived assets
Monolithic Power Systems Inc., long-lived assets by geographic area
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| China | 200,508) | 211,973) | 151,752) | 113,888) | 93,096) |
| Taiwan | 20,074) | 19,607) | 18,797) | 17,652) | 16,972) |
| United States | 113,996) | 113,805) | 101,768) | 94,671) | 71,025) |
| Other | 22,579) | 17,577) | 9,211) | 2,104) | 7,560) |
| Total | 357,157) | 362,962) | 281,528) | 228,315) | 188,653) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).