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, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| China | 4.96 | 5.06 | 4.68 | 3.31 | 3.40 |
| Taiwan | 13.63 | 7.80 | 11.61 | 8.63 | 5.81 |
| United States | 0.32 | 0.81 | 0.88 | 0.31 | 0.20 |
| Other | 9.12 | 18.94 | 23.13 | 17.18 | 21.56 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | China | China area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
| Taiwan | Taiwan area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. | |
| United States | United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Other | Other area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: China
Monolithic Power Systems Inc.; China; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenue | 1,178,341) | 934,768) | 938,946) | 700,985) | 516,519) |
| Long-lived assets | 237,649) | 184,685) | 200,508) | 211,973) | 151,752) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 4.96 | 5.06 | 4.68 | 3.31 | 3.40 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 1,178,341 ÷ 237,649 = 4.96
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | China | China area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Area Asset Turnover: Taiwan
Monolithic Power Systems Inc.; Taiwan; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenue | 577,956) | 307,499) | 233,040) | 169,130) | 109,256) |
| Long-lived assets | 42,388) | 39,419) | 20,074) | 19,607) | 18,797) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 13.63 | 7.80 | 11.61 | 8.63 | 5.81 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 577,956 ÷ 42,388 = 13.63
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Taiwan | Taiwan area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Area Asset Turnover: United States
Monolithic Power Systems Inc.; United States; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenue | 55,235) | 97,294) | 99,804) | 35,770) | 20,098) |
| Long-lived assets | 171,514) | 119,430) | 113,996) | 113,805) | 101,768) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.32 | 0.81 | 0.88 | 0.31 | 0.20 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 55,235 ÷ 171,514 = 0.32
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Other
Monolithic Power Systems Inc.; Other; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenue | 395,568) | 481,511) | 522,358) | 301,913) | 198,579) |
| Long-lived assets | 43,394) | 25,418) | 22,579) | 17,577) | 9,211) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 9.12 | 18.94 | 23.13 | 17.18 | 21.56 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 395,568 ÷ 43,394 = 9.12
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other | Other area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Revenue
Monolithic Power Systems Inc., revenue by geographic area
US$ in thousands
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| China | 1,178,341) | 934,768) | 938,946) | 700,985) | 516,519) |
| Taiwan | 577,956) | 307,499) | 233,040) | 169,130) | 109,256) |
| United States | 55,235) | 97,294) | 99,804) | 35,770) | 20,098) |
| Other | 395,568) | 481,511) | 522,358) | 301,913) | 198,579) |
| Total | 2,207,100) | 1,821,072) | 1,794,148) | 1,207,798) | 844,452) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
Long-lived assets
Monolithic Power Systems Inc., long-lived assets by geographic area
US$ in thousands
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| China | 237,649) | 184,685) | 200,508) | 211,973) | 151,752) |
| Taiwan | 42,388) | 39,419) | 20,074) | 19,607) | 18,797) |
| United States | 171,514) | 119,430) | 113,996) | 113,805) | 101,768) |
| Other | 43,394) | 25,418) | 22,579) | 17,577) | 9,211) |
| Total | 494,945) | 368,952) | 357,157) | 362,962) | 281,528) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).