ASR Microelectronics Co (SHSE:688220) EBIT: ¥-256 Mil (TTM As of Mar. 2026)

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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 EBIT?

ASR Microelectronics Co SHSE:688220 -1.48% 80 EBIT is ¥-256 Mil as of Mar. 2026. 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.

ASR Microelectronics Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥-19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-256 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ASR Microelectronics Co's annualized ROC % for the quarter that ended in Mar. 2026 was -3.64%. ASR Microelectronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -3.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ASR Microelectronics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -0.59%.


ASR Microelectronics Co  (SHSE:688220) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

ASR Microelectronics Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-119.316 * ( 1 - 0% )/( (3082.628 + 3466.429)/ 2 )
=-119.316/3274.5285
=-3.64 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6980.22 - 645.027 - ( 3252.565 - max(0, 1351.995 - 5843.56+3252.565))
=3082.628

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7186.649 - 644.906 - ( 3075.314 - max(0, 1588.411 - 6009.188+3075.314))
=3466.429

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

ASR Microelectronics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-76.48/( ( (148.77 + max(1675.996, 0)) + (135.959 + max(1936.616, 0)) )/ 2 )
=-76.48/( ( 1824.766 + 2072.575 )/ 2 )
=-76.48/1948.6705
=-3.92 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(308.828 + 1703.714 + 573.725) - (645.027 + 0 + 265.244)
=1675.996

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(436.614 + 1903.497 + 589.276) - (644.906 + 0 + 347.865)
=1936.616

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

ASR Microelectronics Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-255.943/43613.433
=-0.59 %

* 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 EBIT Related Terms


ASR Microelectronics Co EBIT Historical Data

* Premium members only.

The historical data trend for ASR Microelectronics Co's EBIT 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 EBIT Chart

ASR Microelectronics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only -588.85 -240.51 -484.28 -657.69 -344.65

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
EBIT 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 -107.82 -107.21 -64.86 -64.76 -19.12

SHSE:688220 vs NVDA, AVGO, MU: EBIT Comparison

For the Semiconductors subindustry, ASR Microelectronics Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ASR Microelectronics Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ASR Microelectronics Co's EV-to-EBIT falls into.


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

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-256 Mil.

* 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 EBIT →
What does a EBIT of ¥-256 Mil mean?
ASR Microelectronics Co (SHSE:688220) has a EBIT of ¥-256 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ASR Microelectronics Co.
Is ASR Microelectronics Co's EBIT too high?
ASR Microelectronics Co's current EBIT is ¥-256 Mil. 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 EBIT compare to NVDA and AVGO?
ASR Microelectronics Co's EBIT of ¥-256 Mil 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 EBIT for a Semiconductors company?
A good EBIT depends on the Semiconductors industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ASR Microelectronics Co. ASR Microelectronics Co's current EBIT is ¥-256 Mil. 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 EBIT is ¥-256 Mil. 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 EBIT calculated?
EBIT is calculated from a company's financial statements. For ASR Microelectronics Co (SHSE:688220), the current EBIT is ¥-256 Mil 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:

  • EBIT: ¥-256 Mil
  • GF Value™: ¥111.82 vs. price of ¥110.12 (1.5% below fair value)
  • GF Score™: 80/100 with 5 warning signs

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

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

¥110.12
Price
¥111.82
GF Value