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China Resources Microelectronics (SHSE:688396) Debt-to-Equity : 0.05 (As of Mar. 2024)


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What is China Resources Microelectronics Debt-to-Equity?

China Resources Microelectronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥957 Mil. China Resources Microelectronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥73 Mil. China Resources Microelectronics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥21,730 Mil. China Resources Microelectronics's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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 China Resources Microelectronics's Debt-to-Equity or its related term are showing as below:

SHSE:688396' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.1   Max: 0.59
Current: 0.05

During the past 8 years, the highest Debt-to-Equity Ratio of China Resources Microelectronics was 0.59. The lowest was 0.05. And the median was 0.10.

SHSE:688396's Debt-to-Equity is ranked better than
80.8% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs SHSE:688396: 0.05

China Resources Microelectronics Debt-to-Equity Historical Data

The historical data trend for China Resources Microelectronics'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.

China Resources Microelectronics Debt-to-Equity Chart

China Resources Microelectronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.28 0.15 0.06 0.05 0.05

China Resources Microelectronics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.07 0.07 0.10 0.05 0.05

Competitive Comparison of China Resources Microelectronics's Debt-to-Equity

For the Semiconductors subindustry, China Resources Microelectronics'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.


China Resources Microelectronics's Debt-to-Equity Distribution in the Semiconductors Industry

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

* The bar in red indicates where China Resources Microelectronics's Debt-to-Equity falls into.



China Resources Microelectronics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Resources Microelectronics's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

China Resources Microelectronics's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


China Resources Microelectronics  (SHSE:688396) 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.


China Resources Microelectronics Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of China Resources Microelectronics's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


China Resources Microelectronics (SHSE:688396) Business Description

Traded in Other Exchanges
N/A
Address
No. 14, Liangxi Road, Jiangsu Province, Wuxi, CHN, 214061
China Resources Microelectronics Ltd is engaged in the design, production, and sales of power semiconductors, smart sensors, and smart control products, as well as provides manufacturing services such as open wafer manufacturing, packaging, and testing. The company's product portfolio includes power components, MOSFET, IGBT, BJT and DIODES, Power IC, Power modules, Smart sensors, and intelligent controls.
Executives
Zhang Sen Core technical personnel
You Yong Core technical personnel
Wu Quan Qing Core technical personnel
Luo Xian Cai Core technical personnel
Ding Dong Min Core technical personnel
Duan Jun senior management
Li Hong Directors, senior managers, core technical personn
Wu Jian Zhong Core technical personnel
Xia Zhang Feng Core technical personnel
Ma Wei Qing Senior management, core technical personnel
Zhuang Heng Qian senior management
Chun Yu Jiang Min Core technical personnel
Wu Guo Yi Directors, senior managers
Zheng Chen Yan Core technical personnel
Li Ge senior management

China Resources Microelectronics (SHSE:688396) Headlines

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