Shenzhen Goodix Technology Co.,Ltd. Posted 747.6 Million Yuan Net Loss in 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 747.6 million yuan in 2022, reversing a net profit of 859.9 million yuan for the previous year.

Meanwhile, the company posted 3.4 billion yuan in revenue, down 40.8% year-on-year.

At the end of the reporting period, it had 9.4 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 17.5%.