Semiconductor Manufacturing International (SHSE:688981) Debt-to-Asset : 0.26 (As of Mar. 2026)

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SHSE:688981 Semiconductor Manufacturing International Corp SHSE:688981
78 GF Score
Price ¥128.50
GF Value ¥74.75
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Semiconductor Manufacturing International Debt-to-Asset?

Semiconductor Manufacturing International SHSE:688981 +3.50% 78 Debt-to-Asset is 0.26 as of Mar. 2026. GuruFocus rates SHSE:688981 with a GF Score™ of 78/100 and a GF Value™ of ¥74.75 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Semiconductor Manufacturing International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ¥29,706 Mil. Semiconductor Manufacturing International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ¥70,314 Mil. Semiconductor Manufacturing International's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was ¥378,886 Mil. Semiconductor Manufacturing International's debt to asset for the quarter that ended in Mar. 2026 was 0.26.


Semiconductor Manufacturing International  (SHSE:688981) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Semiconductor Manufacturing International Debt-to-Asset Related Terms


Semiconductor Manufacturing International Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Semiconductor Manufacturing International's Debt-to-Asset 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.

Semiconductor Manufacturing International Debt-to-Asset Chart

Semiconductor Manufacturing International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.20 0.21 0.24 0.24

Semiconductor Manufacturing International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Asset 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 0.24 0.24 0.23 0.24 0.26

SHSE:688981 vs NVDA, AVGO, MU: Debt-to-Asset Comparison

For the Semiconductors subindustry, Semiconductor Manufacturing International's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Semiconductor Manufacturing International Debt-to-Asset vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Semiconductor Manufacturing International's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Semiconductor Manufacturing International's Debt-to-Asset falls into.


SHSE:688981
78GF Score
Semiconductor Manufacturing International Corp SHSE:688981
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Semiconductor Manufacturing International Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Semiconductor Manufacturing International's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(18316.335 + 70401.087) / 368157.276
=0.24

Semiconductor Manufacturing International's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(29705.937 + 70314.024) / 378885.644
=0.26

* 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 Debt-to-Asset →
What does a Debt-to-Asset of 0.26 mean?
Semiconductor Manufacturing International (SHSE:688981) has a Debt-to-Asset of 0.26 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Semiconductor Manufacturing International and its competitors.
Is Semiconductor Manufacturing International's Debt-to-Asset too high?
Semiconductor Manufacturing International's current Debt-to-Asset is 0.26. Overall, Semiconductor Manufacturing International has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Semiconductor Manufacturing International's Debt-to-Asset compare to NVDA and AVGO?
Semiconductor Manufacturing International's Debt-to-Asset of 0.26 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Semiconductors company?
A good Debt-to-Asset depends on the Semiconductors industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Semiconductor Manufacturing International and its competitors. Semiconductor Manufacturing International's current Debt-to-Asset is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semiconductor Manufacturing International stock overvalued right now?
Based on GuruFocus' analysis, Semiconductor Manufacturing International (SHSE:688981) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥74.75, compared to a current price of ¥128.50 — trading 71.9% above its estimated fair value. The current Debt-to-Asset is 0.26. Semiconductor Manufacturing International's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Semiconductor Manufacturing International (SHSE:688981), the current Debt-to-Asset is 0.26 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 Semiconductor Manufacturing International (SHSE:688981) Overvalued in 2026?

Based on GuruFocus' analysis, Semiconductor Manufacturing International stock appears to be overvalued. The current stock price of ¥128.50 is trading 71.9% above its estimated GF Value™ of ¥74.75. GuruFocus considers Semiconductor Manufacturing International to be Significantly Overvalued.

Key valuation signals for SHSE:688981:

  • Debt-to-Asset: 0.26
  • GF Value™: ¥74.75 vs. price of ¥128.50 (71.9% above fair value)
  • GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Semiconductor Manufacturing International Business Description

Address No. 18 Zhangjiang Road, Pudong New Area, Shanghai, CHN, 201203
Founded in 2000, Semiconductor Manufacturing International Corporation is the largest foundry in China and the third-largest globally after TSMC and Samsung Electronics, overtaking GlobalFoundries and United Microelectronics in 2024. The company's headquarters and foundry are in Shanghai, with additional foundries in Beijing, Tianjin, and Shenzhen, and offices in the United States, Europe, Japan, Taiwan, and Hong Kong. Its products are used in artificial intelligence, data centers, automotive, consumer electronics, memory, and "Internet of Things" products. SMIC employs 19,952 people as of Dec. 31, 2025.
78GF Score

Get the complete analysis for SHSE:688981

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

¥128.50
Price
¥74.75
GF Value