Shenzhen Goodix Technology Co.,Ltd. (SSE: 603160) has released its semi-annual report for fiscal 2026, revealing a challenging operating period marked by significant profit pressure.
During the reporting period, the company generated total operating revenue of RMB2.063 billion, reflecting a decline of 8.37% compared to the prior year's corresponding period. Net profit attributable to shareholders of the listed company stood at RMB252 million, down 41.59% year-on-year. After deducting non-recurring gains and losses, net profit reached RMB216 million, a decrease of 36.33% from the previous year. Basic earnings per share were RMB0.55.
According to the report, the company's operations faced headwinds during the period. The primary drag came from the rapid advancement of AI infrastructure, which led to a phase of tight memory supply and sustained price increases. This, in turn, put pressure on consumer electronics markets, including smart terminals, where market demand contracted sharply.
Additionally, intense competition weighed on average selling prices, while a shift in the product shipment mix compounded the pressure. As a result, the company's gross margin came under strain, falling to 40.7% in the first half of 2026, a decrease of 2.6 percentage points from the 43.3% recorded during the same period in 2025.
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