Shenzhen Goodix Technology (603160) Q3 2026 earnings summary

Executive summary

• Q3 2026 revenue fell 17.37% YoY to RMB 1.049bn; attributable net income declined 57.18% to RMB 105.3m amid weaker demand, pricing pressure and a less favorable shipment mix.

• 9M revenue was down 11.62% YoY to RMB 3.112bn, while attributable net income fell 47.26% to RMB 356.9m.

Financial highlights

• Q3 total profit was RMB 113.1m; 9M total profit was RMB 375.1m, down 48.81% YoY.

• 9M adjusted net income, excluding non-recurring items, was RMB 310.3m, down 45.79% YoY; Q3 adjusted net income was RMB 94.1m, down 59.58%.

• 9M basic EPS was RMB 0.78, down 47.30% YoY; diluted EPS was RMB 0.77, down 47.62%. Q3 basic EPS was RMB 0.23, down 57.41%.

• 9M operating cash flow was RMB 418.1m, down 42.53% YoY.

Key financial ratios and metrics

• Weighted average ROE was 1.13% for Q3 and 3.82% for 9M; the reported year-over-year changes were -1.55 and -3.68 percentage points, respectively.

• At Sep. 30, 2026, total assets were RMB 10.407bn, down 5.90% from year-end 2025; attributable equity was RMB 9.233bn, down 1.50%.

• Total liabilities were RMB 1.174bn at Sep. 30, 2026, versus RMB 1.685bn at year-end 2025.