ASR Microelectronics Co (SHSE:688220) Current Ratio: 3.78 (As of Mar. 2026) — 48% Below Median

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SHSE:688220 ASR Microelectronics Co Ltd SHSE:688220
80 GF Score
Price ¥110.12
GF Value ¥111.82
Valuation Fairly Valued
! 5 Warning Signs
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What is ASR Microelectronics Co Current Ratio?

ASR Microelectronics Co SHSE:688220 -1.48% 80 Current Ratio is 3.78 as of Mar. 2026, which is 48% below its 10-year median of 7.29. GuruFocus rates SHSE:688220 with a GF Score™ of 80/100 and a GF Value™ of ¥111.82 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,027 Semiconductors companies, ASR Microelectronics Co ranks better than 70.2% 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. ASR Microelectronics Co's current ratio for the quarter that ended in Mar. 2026 was 3.78.

ASR Microelectronics Co has a current ratio of 3.78. 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 ASR Microelectronics Co's Current Ratio or its related term are showing as below:

SHSE:688220' s Current Ratio Range Over the Past 10 Years
Min: 1.1   Med: 7.29   Max: 11.63
Current: 3.78

During the past 9 years, ASR Microelectronics Co's highest Current Ratio was 11.63. The lowest was 1.10. And the median was 7.29.

SHSE:688220's Current Ratio is ranked better than
70.2% of 1027 companies
in the Semiconductors industry
Industry Median: 2.46 vs SHSE:688220: 3.78

ASR Microelectronics Co  (SHSE:688220) 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.


ASR Microelectronics Co Current Ratio Related Terms


ASR Microelectronics Co Current Ratio Historical Data

* Premium members only.

The historical data trend for ASR Microelectronics Co's Current Ratio can be seen below:

* 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.

ASR Microelectronics Co Current Ratio Chart

ASR Microelectronics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only 1.60 11.32 8.02 7.43 4.32

ASR Microelectronics Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.29 5.79 4.61 4.32 3.78

SHSE:688220 vs NVDA, AVGO, MU: Current Ratio Comparison

For the Semiconductors subindustry, ASR Microelectronics Co'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.


ASR Microelectronics Co Current Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ASR Microelectronics Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where ASR Microelectronics Co's Current Ratio falls into.


SHSE:688220
80GF Score
ASR Microelectronics Co Ltd SHSE:688220
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ASR Microelectronics Co Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

ASR Microelectronics Co's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=5843.56/1351.995
=4.32

ASR Microelectronics Co's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=6009.188/1588.411
=3.78

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 3.78 mean?
ASR Microelectronics Co (SHSE:688220) has a Current Ratio of 3.78 as of Mar. 2026. This is 48% below median its historical median of 7.29. Over the past decade, ASR Microelectronics Co's Current Ratio has ranged from 1.10 to 11.63. According to the industry distribution chart, ASR Microelectronics Co ranks #306 out of 1027 companies in the Semiconductors industry, placing it in the top 29.8%.
Is ASR Microelectronics Co's Current Ratio too high?
ASR Microelectronics Co's current Current Ratio of 3.78 is 48% below median its 10-year median of 7.29. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 11.63. The Semiconductors industry median Current Ratio is 2.46. ASR Microelectronics Co's value of 3.78 is 53.7% above this industry median. Based on the distribution chart, ASR Microelectronics Co ranks #306 out of 1027 companies in the Semiconductors industry, which is above the industry midpoint. Overall, ASR Microelectronics Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ASR Microelectronics Co's Current Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, ASR Microelectronics Co ranks #306 out of 1027 companies for Current Ratio. This puts ASR Microelectronics Co in the upper half of its industry. The industry median Current Ratio is 2.46. ASR Microelectronics Co's value of 3.78 is 53.7% above this benchmark. Historically, ASR Microelectronics Co's own Current Ratio has ranged from 1.10 to 11.63 over the past decade. While the company's 10-year median is 7.29 vs. the industry median of 2.46, ASR Microelectronics Co 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 2.46, based on 1,027 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. ASR Microelectronics Co's current Current Ratio of 3.78 is 53.7% 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 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASR Microelectronics Co's current Current Ratio is 3.78, which is 48% below median its own 10-year median of 7.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASR Microelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, ASR Microelectronics Co (SHSE:688220) is currently considered Fairly Valued. The stock's GF Value™ is ¥111.82, compared to a current price of ¥110.12 — trading 1.5% below its estimated fair value. The current Current Ratio is 3.78, which is 48% below median its 10-year median of 7.29 and 53.7% above the Semiconductors industry median of 2.46. ASR Microelectronics Co's overall GF Score™ is 80/100 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 ASR Microelectronics Co (SHSE:688220), the current Current Ratio is 3.78 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 ASR Microelectronics Co (SHSE:688220) Overvalued in 2026?

Based on GuruFocus' analysis, ASR Microelectronics Co stock appears to be undervalued. The current stock price of ¥110.12 is trading 1.5% below its estimated GF Value™ of ¥111.82. GuruFocus considers ASR Microelectronics Co to be Fairly Valued.

Key valuation signals for SHSE:688220:

  • Current Ratio: 3.78 (48% below median its 10-year median of 7.29)
  • GF Value™: ¥111.82 vs. price of ¥110.12 (1.5% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 53.7% above the Semiconductors median (#306 of 1027)

No single metric tells the full story. See the SHSE:688220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASR Microelectronics Co Business Description

Address No.399 Keyuan Road, 8th Floor, Building 10, Pilot Free Trade Zone (Nominal Floor 9th Floor), Shanghai, CHN, 201203
ASR Microelectronics Co Ltd is engaged in the research, development, and technological innovation of wireless communication chips.
80GF Score

Get the complete analysis for SHSE:688220

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥110.12
Price
¥111.82
GF Value