ASML announced last year’s Q4 and earnings report: Net profit of 3.554 billion euros, gross profit margin of 48.6%, 8.49 euros per share

Today, ASML declared last year’s Q4 and 2020 earnings. The report shows that the company’s 2020 sales of 14 billion euros, or about 110 billion yuan.

Net profit of 3.554 billion euros, or about 27.92 billion yuan, gross profit margin of 48.6%, 8.49 euros per share. In the fourth quarter of 2020, the company had sales of 4.3 billion euros, net income of 1.4 billion euros, and a gross profit margin of 52%.

The company’s CEO announced that the fourth quarter’s profit growth was mainly due to the delivery of additional DUV deep ultraviolet lithography devices.

In the fourth quarter, a total of 9 EUV extreme ultraviolet lithography systems were delivered and 8 units were paid for. ASML’s fourth-quarter order value was 4.2 billion euros, of which 1.1 billion euros was 6 EUV lithography devices.

The financial report also shows that ASML’s Q4 2020 R&D and design investment will be 556 million euros, and the annual R&D and design investment will reach 2.2 billion euros. The company delivered 31 EUV lithography systems throughout the year, with a total value of 4.5 billion euros.

ASML expects sales revenue of 3.9 billion-4.1 billion euros in the first quarter of 2021, the gross profit margin is expected to be 50%-51%, and R&D and design investment of 620 million euros. Along with that, the company declared a dividend of 2.75 euros per common share, an extension of 15% compared to 2020.

(Source)