SHSE:603160

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Shenzhen Goodix Technology

Executive Summary

Shenzhen Goodix Technology Co., Ltd., an integrated chip design and software solutions provider, delivers various biometrics and human-interface solutions for smart mobile terminals worldwide. More Details


Snowflake Analysis

Exceptional growth potential with excellent balance sheet.


Similar Companies

Share Price & News

How has Shenzhen Goodix Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 603160's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.9%

603160

-1.6%

CN Semiconductor

-1.5%

CN Market


1 Year Return

-7.6%

603160

70.1%

CN Semiconductor

26.9%

CN Market

Return vs Industry: 603160 underperformed the CN Semiconductor industry which returned 70.1% over the past year.

Return vs Market: 603160 underperformed the CN Market which returned 26.9% over the past year.


Shareholder returns

603160IndustryMarket
7 Day-4.9%-1.6%-1.5%
30 Day4.5%1.2%3.1%
90 Day-19.2%-8.9%-1.4%
1 Year-7.3%-7.6%70.6%70.1%29.1%26.9%
3 Year50.8%48.4%80.0%73.1%12.4%7.0%
5 Yearn/a96.6%89.1%10.9%3.4%

Price Volatility Vs. Market

How volatile is Shenzhen Goodix Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shenzhen Goodix Technology undervalued compared to its fair value and its price relative to the market?

39.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 603160 (CN¥168.11) is trading above our estimate of fair value (CN¥48.8)

Significantly Below Fair Value: 603160 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 603160 is good value based on its PE Ratio (39.9x) compared to the CN Semiconductor industry average (74.3x).

PE vs Market: 603160's PE Ratio (39.9x) is in line with the CN market.


Price to Earnings Growth Ratio

PEG Ratio: 603160 is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: 603160 is overvalued based on its PB Ratio (11x) compared to the CN Semiconductor industry average (6.2x).


Next Steps

Future Growth

How is Shenzhen Goodix Technology forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

29.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603160's forecast earnings growth (29.8% per year) is above the savings rate (3.3%).

Earnings vs Market: 603160's earnings (29.8% per year) are forecast to grow faster than the CN market (24% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 603160's revenue (21.3% per year) is forecast to grow faster than the CN market (17.7% per year).

High Growth Revenue: 603160's revenue (21.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 603160's Return on Equity is forecast to be high in 3 years time (28.1%)


Next Steps

Past Performance

How has Shenzhen Goodix Technology performed over the past 5 years?

32.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 603160 has a high level of non-cash earnings.

Growing Profit Margin: 603160's current net profit margins (28.6%) are lower than last year (31.6%).


Past Earnings Growth Analysis

Earnings Trend: 603160's earnings have grown significantly by 32.9% per year over the past 5 years.

Accelerating Growth: 603160's earnings growth over the past year (14.9%) is below its 5-year average (32.9% per year).

Earnings vs Industry: 603160 earnings growth over the past year (14.9%) underperformed the Semiconductor industry 24.2%.


Return on Equity

High ROE: 603160's Return on Equity (27.7%) is considered high.


Next Steps

Financial Health

How is Shenzhen Goodix Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 603160's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥1.6B).

Long Term Liabilities: 603160's short term assets (CN¥5.8B) exceed its long term liabilities (CN¥23.2M).


Debt to Equity History and Analysis

Debt Level: 603160's debt to equity ratio (3.6%) is considered satisfactory.

Reducing Debt: 603160's debt to equity ratio has increased from 0.9% to 3.6% over the past 5 years.

Debt Coverage: 603160's debt is well covered by operating cash flow (829.8%).

Interest Coverage: 603160 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Shenzhen Goodix Technology current dividend yield, its reliability and sustainability?

0.47%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 603160's dividend (0.48%) is higher than the bottom 25% of dividend payers in the CN market (0.36%).

High Dividend: 603160's dividend (0.48%) is low compared to the top 25% of dividend payers in the CN market (1.68%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 603160 has been paying a dividend for less than 10 years.

Growing Dividend: 603160's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19%), 603160's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 603160's dividends in 3 years are forecast to be well covered by earnings (23.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Fan Zhang (55 yo)

no data

Tenure

Mr. Fan Zhang serves as General Manager and Director at Shenzhen Goodix Technology Co., Ltd. (formerly known as Shenzhen Huiding Technology Co., Ltd.) Mr. Zhang serves as Executive Director and General Man ...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shenzhen Goodix Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shenzhen Goodix Technology Co., Ltd.
  • Ticker: 603160
  • Exchange: SHSE
  • Founded: 2002
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: CN¥75.912b
  • Shares outstanding: 451.56m
  • Website: https://www.goodix.com

Number of Employees


Location

  • Shenzhen Goodix Technology Co., Ltd.
  • Tengfei Industrial Building
  • Floor 2&13
  • Shenzhen
  • Guangdong Province
  • 51800
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
603160SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYOct 2016
603160XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYOct 2016

Biography

Shenzhen Goodix Technology Co., Ltd., an integrated chip design and software solutions provider, delivers various biometrics and human-interface solutions for smart mobile terminals worldwide. It offers a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 15:08
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.