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
Exceptional growth potential with excellent balance sheet.
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.
7 Day Return
1 Year Return
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.
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
Is Shenzhen Goodix Technology undervalued compared to its fair value and its price relative to the market?
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).
How is Shenzhen Goodix Technology forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
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%)
How has Shenzhen Goodix Technology performed over the past 5 years?
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.
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.
What is Shenzhen Goodix Technology current dividend yield, its reliability and sustainability?
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).
How experienced are the management team and are they aligned to shareholders interests?
Fan Zhang (55 yo)
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 ...
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Shenzhen Goodix Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- 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
- Shenzhen Goodix Technology Co., Ltd.
- Tengfei Industrial Building
- Floor 2&13
- Guangdong Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|603160||SHSE (Shanghai Stock Exchange)||Yes||Domestic Shares||CN||CNY||Oct 2016|
|603160||XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)||Yes||Domestic Shares||CN||CNY||Oct 2016|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/29 15:08|
|End of Day Share Price||2020/10/29 00:00|
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.