Financials Shenzhen Goodix Technology Co., Ltd.

Equities

603160

CNE100002G84

Semiconductors

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
60.29 CNY +5.42% Intraday chart for Shenzhen Goodix Technology Co., Ltd. +5.79% -12.75%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 92,016 70,240 48,580 22,806 31,277 27,534 - -
Enterprise Value (EV) 1 88,497 66,584 46,543 20,708 28,691 25,522 25,042 25,083
P/E ratio 41.3 x 43.6 x 57 x -30.8 x 192 x 54.7 x 35.4 x 36.9 x
Yield 0.39% 0.29% 0.2% - 0.26% 0.29% 0.49% 0.54%
Capitalization / Revenue 14.2 x 10.5 x 8.5 x 6.74 x 7.1 x 5.24 x 4.43 x 4.16 x
EV / Revenue 13.7 x 9.96 x 8.15 x 6.12 x 6.51 x 4.85 x 4.03 x 3.79 x
EV / EBITDA 33.9 x 56.6 x 59.6 x -155 x 50.1 x 40.4 x 27.8 x 29.3 x
EV / FCF 37.2 x 6,499 x -168 x -13.8 x 21.2 x 44.5 x 28.2 x -
FCF Yield 2.69% 0.02% -0.59% -7.25% 4.71% 2.25% 3.54% -
Price to Book 14.6 x 8.86 x 5.68 x 2.96 x 3.93 x 3.26 x 2.94 x 2.87 x
Nbr of stocks (in thousands) 446,032 451,562 450,779 454,306 452,633 456,700 - -
Reference price 2 206.3 155.6 107.8 50.20 69.10 60.29 60.29 60.29
Announcement Date 4/28/20 4/26/21 4/26/22 4/26/23 4/10/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,473 6,687 5,713 3,384 4,408 5,260 6,218 6,622
EBITDA 1 2,609 1,177 780.5 -133.9 573 631.6 901.7 856.8
EBIT 1 2,524 993.9 520.2 -479 276.3 481.5 815.6 -
Operating Margin 38.99% 14.86% 9.11% -14.15% 6.27% 9.15% 13.12% -
Earnings before Tax (EBT) 1 2,524 1,643 802.9 -998.6 74.23 534.1 844.6 713.4
Net income 1 2,317 1,659 859.9 -747.6 165.1 504.6 780.1 749.1
Net margin 35.8% 24.81% 15.05% -22.09% 3.74% 9.59% 12.55% 11.31%
EPS 2 4.990 3.570 1.890 -1.630 0.3600 1.103 1.704 1.634
Free Cash Flow 1 2,381 10.25 -276.4 -1,502 1,352 573 887 -
FCF margin 36.78% 0.15% -4.84% -44.38% 30.68% 10.89% 14.26% -
FCF Conversion (EBITDA) 91.27% 0.87% - - 236.01% 90.73% 98.37% -
FCF Conversion (Net income) 102.74% 0.62% - - 819.3% 113.56% 113.7% -
Dividend per Share 2 0.8000 0.4500 0.2200 - 0.1800 0.1724 0.2932 0.3268
Announcement Date 4/28/20 4/26/21 4/26/22 4/26/23 4/10/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2020 S2 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 3,056 3,631 1,573 874.2 954.6 692 863.2 843.9 1,178 1,175 1,212 1,218 1,304 1,374 1,415
EBITDA 1 - - 161.3 - - - - - - - - - 173.1 183.1 -
EBIT 1 - 583.6 197.6 -62.66 62.6 -191.5 -184.3 -169.6 -58.92 114.5 101.7 191.1 123.5 136.7 103
Operating Margin - 16.07% 12.56% -7.17% 6.56% -27.68% -21.36% -20.1% -5% 9.75% 8.39% 15.68% 9.47% 9.95% 7.28%
Earnings before Tax (EBT) 1 - 1,060 243.8 -83.04 62.37 -189.2 -788.7 -178.9 -56.34 149.5 159.9 191 162 175.4 146
Net income 1 597.3 1,062 244.5 -50.51 71.6 -120.6 -648.1 -138.8 2.857 148.4 152.6 162.4 136.4 148.2 131
Net margin 19.55% 29.24% 15.54% -5.78% 7.5% -17.43% -75.09% -16.45% 0.24% 12.64% 12.59% 13.33% 10.46% 10.79% 9.26%
EPS 2 - 2.290 0.5500 -0.1100 0.1600 -0.2700 -1.410 -0.3000 0.0100 0.3200 0.3300 0.3500 0.2916 0.3313 0.3250
Dividend per Share 2 - - - - - - - - - - - - 0.0852 - -
Announcement Date 8/27/20 4/26/21 4/26/22 4/26/22 8/29/22 10/26/22 4/26/23 4/26/23 8/24/23 10/25/23 4/10/24 4/25/24 - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 3,520 3,656 2,038 2,098 2,586 2,013 2,493 2,451
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 2,381 10.2 -276 -1,502 1,352 573 887 -
ROE (net income / shareholders' equity) 43.9% 23.1% 10.2% -9.07% 2.09% 6.26% 8.44% 8.06%
ROA (Net income/ Total Assets) 35.1% 18.7% 8.34% -7.42% - 5% 7.3% -
Assets 1 6,597 8,868 10,307 10,077 - 10,092 10,686 -
Book Value Per Share 2 14.10 17.60 19.00 17.00 17.60 18.50 20.50 21.00
Cash Flow per Share 2 6.320 2.650 0.7000 -1.980 3.900 -2.220 1.220 -
Capex 1 499 1,201 598 596 433 20 149 20
Capex / Sales 7.71% 17.97% 10.47% 17.62% 9.83% 0.38% 2.4% 0.3%
Announcement Date 4/28/20 4/26/21 4/26/22 4/26/23 4/10/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
60.29 CNY
Average target price
59.59 CNY
Spread / Average Target
-1.17%
Consensus
  1. Stock Market
  2. Equities
  3. 603160 Stock
  4. Financials Shenzhen Goodix Technology Co., Ltd.