Shenzhen Goodix Technology Co.,Ltd. Posted 138.8 Million Yuan Net Loss in First Quarter of 2023

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 138.8 million yuan in the first quarter of 2023, widening 174.8% year-on-year.

Meanwhile, the company posted 843.9 million yuan in revenue, down 3.5% year-on-year.

At the end of the reporting period, it had 9.1 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 16%.