ASR Microelectronics Co (SHSE:688220) ROE %: -2.06% (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 ROE %?

ASR Microelectronics Co SHSE:688220 -1.48% 80 ROE % is -2.06% 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. Among 1,002 Semiconductors companies, ASR Microelectronics Co ranks worse than 73.95% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ASR Microelectronics Co's annualized net income for the quarter that ended in Mar. 2026 was ¥-112 Mil. ASR Microelectronics Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥5,449 Mil. Therefore, ASR Microelectronics Co's annualized ROE % for the quarter that ended in Mar. 2026 was -2.06%.

The historical rank and industry rank for ASR Microelectronics Co's ROE % or its related term are showing as below:

SHSE:688220' s ROE % Range Over the Past 10 Years
Min: -231.82   Med: -41.52   Max: -5.37
Current: -5.37

During the past 9 years, ASR Microelectronics Co's highest ROE % was -5.37%. The lowest was -231.82%. And the median was -41.52%.

SHSE:688220's ROE % is ranked worse than
73.95% of 1002 companies
in the Semiconductors industry
Industry Median: 4.69 vs SHSE:688220: -5.37

ASR Microelectronics Co  (SHSE:688220) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-112.072/5449.1205
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-112.072 / 4519.94)*(4519.94 / 7083.4345)*(7083.4345 / 5449.1205)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.48 %*0.6381*1.2999
=ROA %*Equity Multiplier
=-1.58 %*1.2999
=-2.06 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-112.072/5449.1205
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-112.072 / -92.868) * (-92.868 / -119.316) * (-119.316 / 4519.94) * (4519.94 / 7083.4345) * (7083.4345 / 5449.1205)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.2068 * 0.7783 * -2.64 % * 0.6381 * 1.2999
=-2.06 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


ASR Microelectronics Co ROE % Related Terms


ASR Microelectronics Co ROE % Historical Data

* Premium members only.

The historical data trend for ASR Microelectronics Co's ROE % 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 ROE % Chart

ASR Microelectronics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only -41.52 -5.85 -7.32 -11.51 -7.01

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
ROE % 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 -8.66 -8.81 -5.92 -4.58 -2.06

SHSE:688220 vs NVDA, AVGO, MU: ROE % Comparison

For the Semiconductors subindustry, ASR Microelectronics Co's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Semiconductors Industry

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

* The bar in red indicates where ASR Microelectronics Co's ROE % falls into.


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

ASR Microelectronics Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-390.285/( (5681.778+5457.831)/ 2 )
=-390.285/5569.8045
=-7.01 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-112.072/( (5457.831+5440.41)/ 2 )
=-112.072/5449.1205
=-2.06 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -2.06% mean?
ASR Microelectronics Co (SHSE:688220) has a ROE % of -2.06% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ASR Microelectronics Co and its competitors. According to the industry distribution chart, ASR Microelectronics Co ranks #741 out of 1002 companies in the Semiconductors industry, placing it in the top 74%.
Is ASR Microelectronics Co's ROE % too high?
ASR Microelectronics Co's current ROE % is -2.06%. Based on the distribution chart, ASR Microelectronics Co ranks #741 out of 1002 companies in the Semiconductors industry, which is below 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 ROE % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, ASR Microelectronics Co ranks #741 out of 1002 companies for ROE %. This places ASR Microelectronics Co in the lower half of its industry. The industry median ROE % is 4.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Semiconductors company?
The median ROE % among Semiconductors companies is 4.69, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ASR Microelectronics Co and its competitors. For the Semiconductors industry, the median ROE % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASR Microelectronics Co's current ROE % is -2.06%. 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 ROE % is -2.06%. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For ASR Microelectronics Co (SHSE:688220), the current ROE % is -2.06% 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:

  • ROE %: -2.06%
  • 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

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

¥110.12
Price
¥111.82
GF Value