AXT INCAXTI

Market cap

$638.91M

P/E ratio

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	26	31	25	29	25	36	44	17	27	73	37	35	38	23
Restricted cash	-	-	-	-	-	-	-	-	-	-	-	6	12	11
Short-term investments	6	10	12	12	11	11	20	22	9	0	5	9	2	-
Accounts Receivable, after Allowance for Credit Loss, Current	18	18	15	18	18	14	23	20	19	25	35	29	19	26
Inventories	46	40	39	39	38	40	46	59	49	52	66	90	87	85
Prepaid expenses and other current assets	7	5	8	5	4	5	8	12	9	16	17	14	13	14
Total current assets	103	106	100	103	97	107	141	129	113	165	160	184	171	158
Property, plant and equipment, net	34	37	38	34	31	28	47	82	97	116	142	161	166	160
Operating lease right-of-use assets	-	-	-	-	-	-	-	-	3	3	2	2	3	2
Other assets	14	14	15	15	14	13	12	12	10	10	18	22	19	19
Total assets	162	168	164	162	152	154	211	224	223	299	332	370	359	339
Accounts payable	3	6	8	7	6	7	11	13	10	13	17	10	10	12
Accrued liabilities	8	7	7	8	6	6	11	15	12	16	17	18	19	15
Short-term loans	-	-	-	-	-	-	-	-	-	-	2	-	-	47
Total current liabilities	11	13	15	15	13	13	23	29	28	39	48	75	82	74
Noncurrent operating lease liabilities	-	-	-	-	-	-	-	-	3	2	2	1	2	2
Other long-term liabilities	0	0	0	0	0	0	0	0	0	2	2	4	6	8
Total liabilities	15	17	18	17	14	14	23	29	31	43	52	80	90	84
Redeemable noncontrolling interests (Note 18)	-	-	-	-	-	-	-	-	-	48	50	45	42	39
Preferred Stock, Value, Issued	4	4	4	4	-	4	4	4	4	4	4	4	4	4
Common Stock, Value, Issued	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital	192	193	194	195	195	197	232	234	237	230	232	235	238	242
Accumulated deficit	-62	-59	-67	-68	-71	-65	-55	-45	-48	-45	-30	-14	-32	-44
Accumulated other comprehensive loss	6	6	9	8	4	0	3	-2	-5	3	6	-3	-6	-9
Total AXT, Inc. stockholders' equity	147	151	146	145	138	140	188	195	193	208	230	245	227	216
Noncontrolling interests	8	7	6	6	6	4	4	4	5	15	18	23	23	24
Total stockholders' equity	147	151	146	145	138	140	188	195	193	208	230	245	227	216
Total liabilities, redeemable noncontrolling interests and stockholders' equity	162	168	164	162	152	154	211	224	223	299	332	370	359	339