Micro-Star International Co Ltd
TWSE:2377

Watchlist Manager
Micro-Star International Co Ltd Logo
Micro-Star International Co Ltd
TWSE:2377
Watchlist
Price: 101 TWD Market Closed
Market Cap: 85.3B TWD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
-37%
5Y
-37%
10Y
+131%
Investing Cash Flow
+
3Y
-
5Y
-61%
10Y
-1 573%
Financing Cash Flow
+
3Y
+84%
5Y
+55%
10Y
+36%

Cash Flow Statement
Micro-Star International Co Ltd

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Cash Flow Statement
Currency: TWD
Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Operating Cash Flow
Net Income
2 270
1 176
972
400
241
1 186
867
1 119
520
(127)
411
(270)
326
683
535
1 148
865
1 666
1 939
2 161
2 730
3 303
3 638
3 682
3 577
3 558
3 190
3 676
4 267
4 577
5 120
5 695
5 822
5 988
5 783
5 757
5 979
6 991
8 141
8 007
7 151
6 078
5 569
5 848
6 518
6 489
7 484
8 612
9 597
13 231
16 137
18 369
20 631
21 159
19 726
16 418
12 284
9 560
8 102
8 893
9 177
9 211
9 375
8 682
8 508
6 798
5 992
5 789
Depreciation & Amortization
931
971
1 006
1 010
969
925
884
842
779
731
682
649
655
622
619
614
611
589
583
575
568
563
559
547
532
531
522
534
549
551
568
553
552
552
541
562
581
608
643
671
686
727
770
828
890
945
992
1 037
1 096
1 120
1 164
1 205
1 240
1 308
1 361
1 390
1 403
1 395
1 389
1 387
1 374
1 352
1 333
1 327
1 343
1 367
1 372
1 379
Change in Deffered Taxes
(5)
(127)
27
(50)
(59)
117
1
(19)
146
54
49
131
(58)
0
0
0
296
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Non-Cash Items
424
756
803
679
(11)
(337)
(282)
(519)
(282)
(315)
(334)
(164)
(70)
(149)
(49)
50
(117)
(65)
(50)
14
(75)
(43)
(57)
(251)
(112)
(152)
(64)
158
180
292
123
(42)
(351)
(402)
(268)
(225)
7
(40)
(102)
(75)
(150)
(188)
(157)
(127)
(85)
41
45
(104)
(32)
(224)
(233)
(114)
(165)
284
48
641
(10)
(298)
(112)
(1 070)
(300)
(260)
(629)
(391)
(477)
(453)
(1 175)
(157)
Cash Taxes Paid
638
651
602
537
441
409
235
191
163
177
78
102
157
101
185
156
189
168
87
99
92
125
336
514
544
519
497
613
587
587
517
613
622
620
864
927
944
947
956
986
1 042
1 066
1 231
769
1 520
1 490
977
1 555
775
925
1 953
2 496
2 496
2 605
4 107
4 972
4 944
4 742
2 421
489
586
773
2 036
2 076
2 952
2 985
1 545
1 592
Cash Interest Paid
93
109
84
73
54
37
47
40
57
53
46
46
50
66
82
87
58
40
16
6
13
14
18
28
47
51
50
40
19
13
6
4
3
3
3
3
3
3
4
5
14
22
24
25
24
20
24
32
30
31
25
18
19
17
24
44
40
39
35
17
27
28
28
40
44
49
54
87
Change in Working Capital
(1 490)
94
1 554
574
857
(1 491)
(5 731)
(2 883)
(334)
2 344
5 428
5 136
3 832
3 003
2 307
1 377
34
75
(666)
49
257
119
(1 643)
(3 381)
(2 885)
(5 278)
(1 464)
(688)
732
(3)
339
1 745
(985)
(1 892)
(2 565)
(5 298)
(4 191)
257
(4 147)
(8 305)
(7 603)
(7 834)
(3 387)
1 320
2 397
336
(61)
3 851
164
(172)
(4 734)
(13 190)
(9 093)
(17 773)
(20 689)
(4 906)
1 963
13 261
15 253
1 692
(5 290)
(12 943)
(10 159)
(6 402)
(4 373)
3 008
4 499
1 479
Cash from Operating Activities
2 130
N/A
2 869
+35%
4 362
+52%
2 612
-40%
1 998
-24%
400
-80%
(4 262)
N/A
(1 460)
+66%
828
N/A
2 688
+225%
6 237
+132%
5 482
-12%
4 685
-15%
4 135
-12%
3 333
-19%
2 946
-12%
1 688
-43%
2 265
+34%
1 805
-20%
2 797
+55%
3 481
+24%
3 941
+13%
2 498
-37%
597
-76%
1 113
+86%
(1 341)
N/A
2 183
N/A
3 679
+69%
5 728
+56%
5 416
-5%
6 149
+14%
7 951
+29%
5 038
-37%
4 246
-16%
3 491
-18%
795
-77%
2 375
+199%
7 816
+229%
4 535
-42%
297
-93%
84
-72%
(1 218)
N/A
2 794
N/A
7 868
+182%
9 720
+24%
7 811
-20%
8 460
+8%
13 397
+58%
10 825
-19%
13 955
+29%
12 334
-12%
6 270
-49%
12 613
+101%
4 978
-61%
447
-91%
13 543
+2 931%
15 639
+15%
23 918
+53%
24 631
+3%
10 902
-56%
4 962
-54%
(2 640)
N/A
(79)
+97%
3 215
N/A
5 001
+56%
10 720
+114%
10 687
0%
8 492
-21%
Investing Cash Flow
Capital Expenditures
(1 323)
(1 250)
(1 299)
(630)
(190)
(372)
(126)
(59)
(193)
(3)
(174)
(168)
(96)
(75)
(36)
(53)
(103)
(120)
(125)
(142)
(211)
(438)
(478)
(547)
(914)
(726)
(702)
(630)
(197)
(224)
(269)
(312)
(433)
(388)
(345)
(643)
(638)
(660)
(766)
(499)
(451)
(500)
(513)
(618)
(983)
(1 035)
(1 001)
(1 146)
(971)
(1 333)
(1 172)
(1 115)
(1 561)
(1 160)
(1 363)
(1 304)
(821)
(772)
(791)
(757)
(644)
(720)
(2 257)
(2 299)
(2 307)
(2 401)
(2 923)
(3 279)
Other Items
(79)
(71)
(48)
(24)
34
57
41
33
7
(10)
5
(7)
(33)
(21)
(23)
2
(6)
5
(1)
5
5
14
17
17
12
14
11
4
3
(2)
1
5
(10)
(12)
(47)
(47)
(32)
(36)
12
6
(2)
493
789
(407)
(730)
(1 235)
(3 049)
(5 366)
178
(4 421)
(4 652)
(161)
592
1 180
3 730
5 929
(21)
(13 092)
(16 422)
(5 530)
39
15 284
14 502
5 684
(875)
2 051
(2 259)
(7 201)
Cash from Investing Activities
(1 402)
N/A
(1 322)
+6%
(1 347)
-2%
(654)
+51%
(155)
+76%
(315)
-103%
(85)
+73%
(27)
+69%
(186)
-593%
(13)
+93%
(169)
-1 222%
(174)
-3%
(129)
+26%
(96)
+25%
(59)
+39%
(52)
+12%
(109)
-111%
(114)
-5%
(126)
-10%
(137)
-9%
(206)
-50%
(424)
-105%
(462)
-9%
(530)
-15%
(902)
-70%
(712)
+21%
(691)
+3%
(626)
+9%
(194)
+69%
(226)
-16%
(268)
-19%
(307)
-15%
(443)
-44%
(400)
+10%
(391)
+2%
(690)
-76%
(670)
+3%
(695)
-4%
(754)
-9%
(493)
+35%
(453)
+8%
(7)
+99%
276
N/A
(1 025)
N/A
(1 712)
-67%
(2 271)
-33%
(4 050)
-78%
(6 512)
-61%
(793)
+88%
(5 754)
-626%
(5 824)
-1%
(1 276)
+78%
(969)
+24%
20
N/A
2 367
+11 688%
4 625
+95%
(842)
N/A
(13 864)
-1 546%
(17 213)
-24%
(6 286)
+63%
(605)
+90%
14 565
N/A
12 245
-16%
3 385
-72%
(3 182)
N/A
(350)
+89%
(5 182)
-1 382%
(10 481)
-102%
Financing Cash Flow
Net Issuance of Common Stock
16
14
16
23
28
33
26
15
18
23
(477)
(1 255)
(1 651)
(2 362)
(2 433)
(1 883)
(1 498)
0
(227)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Issuance of Debt
2 333
2 250
897
955
(447)
33
1 240
692
106
276
(3 659)
(2 669)
(2 416)
(1 859)
51
(1 757)
(1 099)
(1 152)
(2 046)
282
(587)
481
1 599
(1 407)
935
22
(1 795)
(511)
(1 542)
(2 785)
(775)
(161)
(597)
4
(1)
(1)
(1)
(1)
(1)
3 499
2 999
(29)
(62)
(107)
(1 654)
1 417
2 791
(725)
1 260
(1 858)
(3 260)
(259)
(1 257)
(255)
3 329
(3 280)
(2 296)
(297)
(3 898)
2 690
(317)
(332)
2 656
243
(376)
(397)
2 841
2 260
Cash Paid for Dividends
(761)
0
0
(1 265)
(504)
0
0
(535)
(535)
0
0
(536)
(536)
0
0
(885)
(354)
0
0
(929)
(929)
0
(929)
(1 690)
(1 690)
0
0
(2 535)
(2 535)
0
0
(2 957)
(2 957)
0
0
(3 802)
(3 802)
0
0
0
(3 802)
0
0
(4 224)
(4 224)
0
0
(3 548)
(3 548)
0
0
(5 154)
(5 154)
0
0
(8 871)
(8 870)
(8 870)
0
(5 575)
(5 576)
(5 576)
0
(4 562)
(4 562)
(4 562)
0
(4 224)
Other
(99)
(101)
(119)
(92)
(10)
(7)
2
(8)
8
15
11
8
1
(10)
(10)
23
(493)
26
65
22
26
88
47
90
92
55
73
43
(63)
(73)
(94)
(87)
29
16
32
51
47
47
85
46
34
20
(30)
(28)
(28)
(8)
(3)
9
14
24
23
17
(1)
(8)
14
21
31
21
(5)
(3)
(5)
10
19
73
79
80
57
38
Cash from Financing Activities
1 488
N/A
1 402
-6%
34
-98%
(379)
N/A
(933)
-146%
(446)
+52%
764
N/A
163
-79%
(403)
N/A
(221)
+45%
(4 660)
-2 005%
(4 452)
+4%
(4 602)
-3%
(4 767)
-4%
(2 928)
+39%
(4 502)
-54%
(3 444)
+23%
(2 807)
+18%
(3 093)
-10%
(625)
+80%
(1 491)
-138%
(361)
+76%
716
N/A
(3 006)
N/A
(663)
+78%
(1 613)
-143%
(3 412)
-112%
(3 002)
+12%
(4 140)
-38%
(5 393)
-30%
(3 403)
+37%
(3 206)
+6%
(3 524)
-10%
(2 937)
+17%
(2 927)
+0%
(3 751)
-28%
(3 756)
0%
(3 756)
+0%
(3 718)
+1%
(257)
+93%
(769)
-199%
(3 811)
-396%
(3 893)
-2%
(4 359)
-12%
(5 906)
-35%
(2 815)
+52%
(1 436)
+49%
(4 265)
-197%
(2 275)
+47%
(5 382)
-137%
(6 786)
-26%
(5 395)
+20%
(6 411)
-19%
(5 417)
+16%
(1 811)
+67%
(12 130)
-570%
(11 135)
+8%
(9 146)
+18%
(12 774)
-40%
(2 888)
+77%
(5 898)
-104%
(5 898)
+0%
(2 902)
+51%
(4 246)
-46%
(4 859)
-14%
(4 879)
0%
(1 665)
+66%
(1 926)
-16%
Change in Cash
Effect of Foreign Exchange Rates
282
597
572
244
(222)
(259)
(341)
(534)
(506)
(506)
(363)
(12)
235
148
208
(125)
(63)
66
112
156
204
164
(24)
119
125
63
138
377
172
64
65
(427)
(372)
(565)
(362)
(195)
(189)
210
42
(141)
(75)
(37)
(37)
(110)
(209)
(382)
(433)
(108)
120
94
100
(43)
(164)
164
146
254
159
(46)
(198)
5
(161)
17
329
246
310
414
(1 164)
(721)
Net Change in Cash
2 498
N/A
3 547
+42%
3 621
+2%
1 823
-50%
688
-62%
(620)
N/A
(3 924)
-533%
(1 857)
+53%
(267)
+86%
1 948
N/A
1 046
-46%
844
-19%
190
-77%
(580)
N/A
554
N/A
(1 733)
N/A
(1 929)
-11%
(591)
+69%
(1 303)
-120%
2 190
N/A
1 987
-9%
3 321
+67%
2 728
-18%
(2 820)
N/A
(327)
+88%
(3 603)
-1 003%
(1 782)
+51%
427
N/A
1 566
+267%
(139)
N/A
2 544
N/A
4 012
+58%
699
-83%
344
-51%
(189)
N/A
(3 841)
-1 928%
(2 240)
+42%
3 576
N/A
105
-97%
(594)
N/A
(1 212)
-104%
(5 072)
-318%
(859)
+83%
2 374
N/A
1 893
-20%
2 343
+24%
2 541
+8%
2 512
-1%
7 877
+214%
2 913
-63%
(176)
N/A
(444)
-152%
5 069
N/A
(255)
N/A
1 149
N/A
6 292
+448%
3 821
-39%
861
-77%
(5 553)
N/A
1 733
N/A
(1 703)
N/A
6 044
N/A
9 593
+59%
2 600
-73%
(2 729)
N/A
5 905
N/A
2 677
-55%
(4 635)
N/A
Free Cash Flow
Free Cash Flow
807
N/A
1 619
+101%
3 063
+89%
1 982
-35%
1 808
-9%
28
-98%
(4 388)
N/A
(1 519)
+65%
635
N/A
2 685
+323%
6 063
+126%
5 314
-12%
4 590
-14%
4 060
-12%
3 297
-19%
2 893
-12%
1 585
-45%
2 145
+35%
1 680
-22%
2 656
+58%
3 269
+23%
3 503
+7%
2 019
-42%
50
-98%
199
+299%
(2 067)
N/A
1 481
N/A
3 049
+106%
5 531
+81%
5 192
-6%
5 881
+13%
7 640
+30%
4 605
-40%
3 858
-16%
3 146
-18%
152
-95%
1 738
+1 040%
7 157
+312%
3 770
-47%
(202)
N/A
(366)
-81%
(1 718)
-369%
2 281
N/A
7 249
+218%
8 738
+21%
6 776
-22%
7 459
+10%
12 251
+64%
9 854
-20%
12 622
+28%
11 161
-12%
5 155
-54%
11 052
+114%
3 818
-65%
(917)
N/A
12 239
N/A
14 818
+21%
23 146
+56%
23 840
+3%
10 145
-57%
4 318
-57%
(3 360)
N/A
(2 337)
+30%
916
N/A
2 694
+194%
8 319
+209%
7 765
-7%
5 213
-33%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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