Shenzhen Goodix Technology Co.,Ltd. Posted 99.5 Million Yuan Net Loss in First Three Quarters of 2022

Shenzhen Goodix Technology Co.,Ltd. (深圳市汇顶科技股份有限公司) (603160.SH) reported a net loss of 99.5 million yuan in the first three quarters of 2022, reversing a net profit of 615.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 39.1% year-on-year.

At the end of the reporting period, it had 10.4 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 18.2%.