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National Silicon Industry Group Co (SHSE:688126) Debt-to-Equity : 0.34 (As of Dec. 2023)


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What is National Silicon Industry Group Co Debt-to-Equity?

National Silicon Industry Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥1,122 Mil. National Silicon Industry Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥4,046 Mil. National Silicon Industry Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥15,114 Mil. National Silicon Industry Group Co's debt to equity for the quarter that ended in Dec. 2023 was 0.34.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for National Silicon Industry Group Co's Debt-to-Equity or its related term are showing as below:

SHSE:688126' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19   Med: 0.31   Max: 0.35
Current: 0.34

During the past 8 years, the highest Debt-to-Equity Ratio of National Silicon Industry Group Co was 0.35. The lowest was 0.19. And the median was 0.31.

SHSE:688126's Debt-to-Equity is ranked worse than
57.48% of 882 companies
in the Semiconductors industry
Industry Median: 0.26 vs SHSE:688126: 0.34

National Silicon Industry Group Co Debt-to-Equity Historical Data

The historical data trend for National Silicon Industry Group Co's Debt-to-Equity 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.

* Premium members only.

National Silicon Industry Group Co Debt-to-Equity Chart

National Silicon Industry Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.35 0.26 0.30 0.19 0.34

National Silicon Industry Group Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 0.19 0.20 0.20 0.22 0.34

Competitive Comparison of National Silicon Industry Group Co's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, National Silicon Industry Group Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


National Silicon Industry Group Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, National Silicon Industry Group Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where National Silicon Industry Group Co's Debt-to-Equity falls into.



National Silicon Industry Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

National Silicon Industry Group Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

National Silicon Industry Group Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


National Silicon Industry Group Co  (SHSE:688126) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


National Silicon Industry Group Co Debt-to-Equity Related Terms

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National Silicon Industry Group Co (SHSE:688126) Business Description

Traded in Other Exchanges
N/A
Address
No. 865 Changning Road, 4th Floor, Building 5, Shanghai, CHN, 200050
National Silicon Industry Group was founded in 2015 after reorganizing several smaller silicon producers. Its major subsidiaries are Zing Semiconductor and Simgui domestically, and Okmetic in Finland. The company had an annual production capacity of 9 million wafers at the end of 2022. NSIG holds a 9% stake in France-based Soitec, which is both a supplier and a customer. NSIG is headquartered in Shanghai, China and employs over 2,400 people.

National Silicon Industry Group Co (SHSE:688126) Headlines

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