Shenzhen Goodix Technology (603160) Q4 2025 earnings summary

Executive summary

• Revenue reached RMB 4.74 billion in 2025, up 8.24% year-over-year; net profit attributable to shareholders was RMB 837 million, up 38.66% year-over-year.

• Gross margin was 42.65%, with a slight decrease of 0.82 percentage points year-over-year.

• Key growth drivers included ultrasonic fingerprint sensors, security products (NFC/eSE), and light sensors, with significant shipment increases.

• PC and tablet market demand rose, boosting shipments of large-size touch chips and active pen solutions.

• The company maintained a robust capital structure with an asset-liability ratio of 15.2%.

Financial highlights

• Operating income: RMB 4,735,621,058.43, up 8.24% year-over-year.

• Net profit attributable to shareholders: RMB 837,099,258.25, up 38.66% year-over-year.

• Basic EPS: RMB 1.82, up 36.84% year-over-year.

• Operating cash flow: RMB 1,087,737,899.26, up 1.40% year-over-year.

• R&D expenses: RMB 1,097,912,474.47, up 15.57% year-over-year, representing 23.19% of revenue.

• Dividend payout ratio: 42.41% of net profit, with total cash dividends and buybacks of RMB 355 million.

Outlook and guidance

• The global semiconductor market is forecast to grow 26.3% in 2026, driven by AI and high-performance computing.

• The company will continue to invest in R&D, expand its product matrix, and accelerate new product launches, focusing on AI, IoT, automotive, and industrial applications.

• Plans to deepen customer engagement, expand overseas markets, and enhance operational efficiency.