Nexchip Semiconductor (SHSE:688249) Debt-to-Equity : 0.93 (As of Mar. 2024)

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What is Nexchip Semiconductor Debt-to-Equity?

Nexchip Semiconductor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,309 Mil. Nexchip Semiconductor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥17,705 Mil. Nexchip Semiconductor's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥21,476 Mil. Nexchip Semiconductor's debt to equity for the quarter that ended in Mar. 2024 was 0.93.

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 Nexchip Semiconductor's Debt-to-Equity or its related term are showing as below:

SHSE:688249' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.85 Max: 1.35
Current: 0.93

During the past 6 years, the highest Debt-to-Equity Ratio of Nexchip Semiconductor was 1.35. The lowest was 0.41. And the median was 0.85.

SHSE:688249's Debt-to-Equity is ranked worse than
85.37% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs SHSE:688249: 0.93

Nexchip Semiconductor Debt-to-Equity Historical Data

The historical data trend for Nexchip Semiconductor'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.

Nexchip Semiconductor Debt-to-Equity Chart

Nexchip Semiconductor Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.35

0.84

1.13

0.85

0.63

Nexchip Semiconductor Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									0.91	0.51	0.41	0.63	0.93

Competitive Comparison of Nexchip Semiconductor's Debt-to-Equity

For the Semiconductors subindustry, Nexchip Semiconductor'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.

Nexchip Semiconductor's Debt-to-Equity Distribution in the Semiconductors Industry

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

* The bar in red indicates where Nexchip Semiconductor's Debt-to-Equity falls into.

Nexchip Semiconductor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nexchip Semiconductor's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2061.693	+	11510.03)	/	21409.805
	=	0.63

Nexchip Semiconductor's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2308.965	+	17704.845)	/	21475.958
	=	0.93

Nexchip Semiconductor (SHSE:688249) 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.

Nexchip Semiconductor Debt-to-Equity Related Terms

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Nexchip Semiconductor (SHSE:688249) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nexchip Semiconductor Corp (SHSE:688249) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, West Feihe Road, Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230011

Website

https://www.nexchip.com.cn

Nexchip Semiconductor Corp is the first 12-inch wafer foundry enterprise in Anhui Province. The company focuses on semiconductor wafer production and foundry services and is committed to contributing to the improvement of domestic independent and controllable integrated circuit manufacturing capabilities, providing customers with different 150-55nm process technologies, and will introduce more advanced process technologies in the future. It is engaged in Research and development, production and sales of integrated circuit-related products and supporting products.

Executives

Zhou Yi Liang	senior management
Cai Guo Zhi	Director
Cai Hui Jia	Senior management, core technical personnel
Zhu Cai Wei	Director

Nexchip Semiconductor (SHSE:688249) Headlines

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