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Gigadevice

3986.HK

HKSETechnologySemiconductors

Latest quote

HK$471

−HK$32.00 · -6.36%

Aug 24, 4:08 PM HKT

3986.HK company overview

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Company profile

Company website

GigaDevice Semiconductor Inc., founded in Beijing, China, in 2005, specializes in the research, development, technical support, and global distribution of a broad array of semiconductor components. The company's diverse product portfolio includes various memory solutions such as SPI NOR, SPI NAND, parallel NAND, and advanced flash products like wafer-level chip scale packaging (WLCSP) and known good die (KGD), along with associated packaging. Its microcontroller lineup consists of 32-bit devices utilizing Arm Cortex-M architectures (M3, M4, M23, M33, M7) and RISC-V technology. Furthermore, GigaDevice provides sensors, including touch controllers, fingerprint recognition modules, and barometric pressure sensors. An extensive range of analog products is also offered, covering general power supply devices (such as low drop linear regulators and DC-DC converters), application-specific standard products (ASSPs) for DDR and TWS earbud power management, and various motor drivers (e.g., 3-Phase MOSFET pre-drivers, brushed DC motor drivers, multi-channel full-bridge drivers, and brushless DC motor driver SOCs). Other analog solutions include charging management and protection ICs, signal chain components like ADCs, operational amplifiers, comparators, and high-precision voltage references, alongside current monitors and temperature/humidity sensors, and BMS AFE products. Beyond its primary semiconductor operations, the company is involved in semiconductor market research, software technology development, technology consulting, property leasing, equity investments, business management consulting, and various IT and scientific services. Its diverse product portfolio serves key sectors including automotive, industrial, personal computers and peripherals, consumer electronics, the Internet of Things (IoT), network communication, and mobile applications. GigaDevice reaches its global customer base through direct operations and a broad network of distributors spanning China, Singapore, the United States, South Korea, Japan, the United Kingdom, Germany, Turkey, Italy, and Mexico. The company, initially known as GigaDevice Semiconductor (Beijing) Inc., adopted its current name, GigaDevice Semiconductor Inc., in August 2022.

Industry
Semiconductors
Sector
Technology
Headquarters
CN
CEO
Yiming Zhu
Listed since
Jan 13, 2026
Employees
2,333

Market position

52-week range

Current HK$471

Open
HK$471
Previous close
HK$503
Volume
0
0× average
Average volume
3.76M
Average daily volume
Market cap
429.56B HKD
Beta
1.7
Market reference 1
50-day average
HK$678.37
-30.57% below average
200-day average
HK$517.56
-9.00% below average

Financials

Financial snapshot

Latest / TTM

Financial health

Altman Z-score
47.14
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends48%31%14%-3%Gross margin, FY2021: 43.94%Gross margin, FY2022: 43.92%Gross margin, FY2023: 28.01%Gross margin, FY2024: 33.31%Gross margin, FY2025: 36.70%Operating margin, FY2021: 28.61%Operating margin, FY2022: 24.77%Operating margin, FY2023: 1.58%Operating margin, FY2024: 8.24%Operating margin, FY2025: 15.13%Net margin, FY2021: 27.55%Net margin, FY2022: 25.45%Net margin, FY2023: 2.81%Net margin, FY2024: 15.03%Net margin, FY2025: 17.96%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 43.94%. Gross margin FY2022 43.92%. Gross margin FY2023 28.01%. Gross margin FY2024 33.31%. Gross margin FY2025 36.70%. Operating margin FY2021 28.61%. Operating margin FY2022 24.77%. Operating margin FY2023 1.58%. Operating margin FY2024 8.24%. Operating margin FY2025 15.13%. Net margin FY2021 27.55%. Net margin FY2022 25.45%. Net margin FY2023 2.81%. Net margin FY2024 15.03%. Net margin FY2025 17.96%.

Income trends

Revenue

8.94B CNY+19.66%

Operating income

1.35B CNY+119.84%

Net income

1.61B CNY+42.99%
Income trends across reported periods9.82B CNY6.28B CNY2.74B CNY−793.56M CNYRevenue, FY2021: 8.34B CNYRevenue, FY2022: 8.24B CNYRevenue, FY2023: 5.75B CNYRevenue, FY2024: 7.47B CNYRevenue, FY2025: 8.94B CNYOperating income, FY2021: 2.39B CNYOperating income, FY2022: 2.04B CNYOperating income, FY2023: 91.04M CNYOperating income, FY2024: 615.12M CNYOperating income, FY2025: 1.35B CNYNet income, FY2021: 2.3B CNYNet income, FY2022: 2.1B CNYNet income, FY2023: 161.25M CNYNet income, FY2024: 1.12B CNYNet income, FY2025: 1.61B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 8.34B CNY. Revenue FY2022 8.24B CNY. Revenue FY2023 5.75B CNY. Revenue FY2024 7.47B CNY. Revenue FY2025 8.94B CNY. Operating income FY2021 2.39B CNY. Operating income FY2022 2.04B CNY. Operating income FY2023 91.04M CNY. Operating income FY2024 615.12M CNY. Operating income FY2025 1.35B CNY. Net income FY2021 2.3B CNY. Net income FY2022 2.1B CNY. Net income FY2023 161.25M CNY. Net income FY2024 1.12B CNY. Net income FY2025 1.61B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue8.94B CNY7.47B CNY5.75B CNY8.24B CNY8.34B CNY
Cost of goods sold5.66B CNY4.98B CNY4.14B CNY4.62B CNY4.68B CNY
Gross profit3.28B CNY2.49B CNY1.61B CNY3.62B CNY3.66B CNY
Research and development876.51M CNY872.63M CNY702.47M CNY732.23M CNY660.61M CNY
Selling, general, and administrative947.05M CNY814.74M CNY572.74M CNY655.61M CNY566.01M CNY
Operating expenses1.93B CNY1.87B CNY1.52B CNY1.58B CNY1.28B CNY
Interest income273.27M CNY365.25M CNY325.47M CNY211.49M CNY187.59M CNY
Interest expense24.4M CNY22.93M CNY9.6M CNY9.81M CNY6.61M CNY
Depreciation and amortization488.23M CNY475.89M CNY445.08M CNY383.47M CNY283.19M CNY
Operating income1.35B CNY615.12M CNY91.04M CNY2.04B CNY2.39B CNY
Net income1.61B CNY1.12B CNY161.25M CNY2.1B CNY2.3B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
86%
6 beats, 1 miss, 0 met estimates
Average EPS surprise
+41.21%
7 comparable reports
Latest EPS result
8.94
Estimate 5.52 · Beat by 61.96%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates9.646.493.340.19Q2 '24BeatQ4 '24BeatQ2 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26Beat
Q2 2024, reported Apr 19, 2024: actual 0.334, estimate 0.221, surprise +50.84%, Beat. Q4 2024, reported Oct 26, 2024: actual 0.503, estimate 0.439, surprise +14.66%, Beat. Q2 2025, reported Apr 26, 2025: actual 0.565, estimate 0.357, surprise +58.40%, Beat. Q4 2025, reported Oct 28, 2025: actual 0.835, estimate 0.855, surprise -2.34%, Miss. Q1 2026, reported Mar 29, 2026: actual 0.896, estimate 0.881, surprise +1.70%, Beat. Q2 2026, reported Apr 29, 2026: actual 2.5, estimate 1.23, surprise +103.25%, Beat. Q3 2026, reported Aug 18, 2026: actual 8.94, estimate 5.52, surprise +61.96%, Beat.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates9.15B6.53B3.92B1.3BQ2 '24BeatQ4 '24MissQ2 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26Beat
Q2 2024, reported Apr 19, 2024: actual 1.76B HKD, estimate 1.53B HKD, surprise +14.69%, Beat. Q4 2024, reported Oct 26, 2024: actual 2.22B HKD, estimate 2.24B HKD, surprise -0.64%, Miss. Q2 2025, reported Apr 26, 2025: actual 1.84B HKD, estimate 1.86B HKD, surprise -0.74%, Miss. Q4 2025, reported Oct 28, 2025: actual 2.93B HKD, estimate 2.8B HKD, surprise +4.82%, Beat. Q1 2026, reported Mar 29, 2026: actual 2.7B HKD, estimate 2.9B HKD, surprise -7.00%, Miss. Q2 2026, reported Apr 29, 2026: actual 4.8B HKD, estimate 3.25B HKD, surprise +47.63%, Beat. Q3 2026, reported Aug 18, 2026: actual 8.59B HKD, estimate 6.19B HKD, surprise +38.71%, Beat.

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