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GigaDevice SemiconductorSHSE:603986 +2.02%83 Current Ratio is 9.66 as of Mar. 2026, which is 58% above its 10-year median of 6.12. GuruFocus rates SHSE:603986 with a GF Score™ of 83/100 and a GF Value™ of ¥254.18 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,028 Semiconductors companies, GigaDevice Semiconductor ranks better than 92.8% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. GigaDevice Semiconductor's current ratio for the quarter that ended in Mar. 2026 was 9.66.
GigaDevice Semiconductor has a current ratio of 9.66. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for GigaDevice Semiconductor's Current Ratio or its related term are showing as below:
SHSE:603986'
s Current Ratio Range Over the Past 10 Years
Min: 2.11 Med: 6.12 Max: 14.03
Current: 9.66
During the past 13 years, GigaDevice Semiconductor's highest Current Ratio was 14.03. The lowest was 2.11. And the median was 6.12.
SHSE:603986's Current Ratio is ranked better than 92.8% of 1028
companies
in the Semiconductors industry
Industry Median: 2.4
vs SHSE:603986: 9.66
GigaDevice Semiconductor (SHSE:603986) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
GigaDevice Semiconductor Current Ratio Related Terms
GigaDevice Semiconductor Current Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SHSE:603986 vs NVDA, AVGO, MU: Current Ratio Comparison
For the Semiconductors subindustry, GigaDevice Semiconductor's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
GigaDevice Semiconductor Current Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, GigaDevice Semiconductor's Current Ratio distribution charts can be found below:
* The bar in red indicates where GigaDevice Semiconductor's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
GigaDevice Semiconductor (SHSE:603986) has a Current Ratio of 9.66 as of Mar. 2026. This is 58% above median its historical median of 6.12. Over the past decade, GigaDevice Semiconductor's Current Ratio has ranged from 2.11 to 14.03. According to the industry distribution chart, GigaDevice Semiconductor ranks #74 out of 1028 companies in the Semiconductors industry, placing it in the top 7.2%.
Is GigaDevice Semiconductor's Current Ratio too high?
GigaDevice Semiconductor's current Current Ratio of 9.66 is 58% above median its 10-year median of 6.12. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 14.03. The Semiconductors industry median Current Ratio is 2.40. GigaDevice Semiconductor's value of 9.66 is 302.5% above this industry median. Based on the distribution chart, GigaDevice Semiconductor ranks #74 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, GigaDevice Semiconductor has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GigaDevice Semiconductor's Current Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, GigaDevice Semiconductor ranks #74 out of 1028 companies for Current Ratio. This places GigaDevice Semiconductor in the top 7% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.40. GigaDevice Semiconductor's value of 9.66 is 302.5% above this benchmark. Historically, GigaDevice Semiconductor's own Current Ratio has ranged from 2.11 to 14.03 over the past decade. While the company's 10-year median is 6.12 vs. the industry median of 2.40, GigaDevice Semiconductor has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Semiconductors company?
The median Current Ratio among Semiconductors companies is 2.40, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GigaDevice Semiconductor's current Current Ratio of 9.66 is 302.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median Current Ratio is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GigaDevice Semiconductor's current Current Ratio is 9.66, which is 58% above median its own 10-year median of 6.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GigaDevice Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, GigaDevice Semiconductor (SHSE:603986) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥254.18, compared to a current price of ¥378.60 — trading 48.9% above its estimated fair value. The current Current Ratio is 9.66, which is 58% above median its 10-year median of 6.12 and 302.5% above the Semiconductors industry median of 2.40. GigaDevice Semiconductor's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For GigaDevice Semiconductor (SHSE:603986), the current Current Ratio is 9.66 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is GigaDevice Semiconductor (SHSE:603986) Overvalued in 2026?
Based on GuruFocus' analysis, GigaDevice Semiconductor stock appears to be overvalued.
The current stock price of ¥378.60 is trading 48.9% above its estimated GF Value™ of ¥254.18.
GuruFocus considers GigaDevice Semiconductor to be Significantly Overvalued.
Key valuation signals for SHSE:603986:
Current Ratio: 9.66 (58% above median its 10-year median of 6.12)
GF Value™: ¥254.18 vs. price of ¥378.60 (48.9% above fair value)
Industry Position: 302.5% above the Semiconductors median (#74 of 1028)
No single metric tells the full story. See the SHSE:603986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GigaDevice Semiconductor Inc is engaged in the domestic storage and Internet of Things (IoT) chip industry. Its product portfolio comprises of flash memories and microcontrollers. Some of its products are SPI NOR flash, SPI NAND flash, and ARM Cortex-M3, among others. The products are for use in embedded, consumer, and mobile communications applications.
83GF Score
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