GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shanghai Orient-Chip Technology Co Ltd (SHSE:688061) » Definitions » Debt-to-Equity

Shanghai Orient-Chip Technology Co (SHSE:688061) Debt-to-Equity : 0.02 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Shanghai Orient-Chip Technology Co Debt-to-Equity?

Shanghai Orient-Chip Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥57.3 Mil. Shanghai Orient-Chip Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3.2 Mil. Shanghai Orient-Chip Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥2,496.0 Mil. Shanghai Orient-Chip Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Shanghai Orient-Chip Technology Co's Debt-to-Equity or its related term are showing as below:

SHSE:688061' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.29
Current: 0.02

During the past 6 years, the highest Debt-to-Equity Ratio of Shanghai Orient-Chip Technology Co was 0.29. The lowest was 0.00. And the median was 0.02.

SHSE:688061's Debt-to-Equity is ranked better than
90.87% of 876 companies
in the Semiconductors industry
Industry Median: 0.26 vs SHSE:688061: 0.02

Shanghai Orient-Chip Technology Co Debt-to-Equity Historical Data

The historical data trend for Shanghai Orient-Chip Technology Co'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.

Shanghai Orient-Chip Technology Co Debt-to-Equity Chart

Shanghai Orient-Chip Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.29 0.16 0.10 0.01 0.02

Shanghai Orient-Chip Technology Co Quarterly Data
Dec18 Dec19 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 0.01 0.01 - 0.02 0.02

Competitive Comparison of Shanghai Orient-Chip Technology Co's Debt-to-Equity

For the Semiconductors subindustry, Shanghai Orient-Chip Technology Co'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.


Shanghai Orient-Chip Technology Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai Orient-Chip Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shanghai Orient-Chip Technology Co's Debt-to-Equity falls into.



Shanghai Orient-Chip Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shanghai Orient-Chip Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shanghai Orient-Chip Technology Co'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.


Shanghai Orient-Chip Technology Co  (SHSE:688061) 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.


Shanghai Orient-Chip Technology Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Shanghai Orient-Chip Technology Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Orient-Chip Technology Co (SHSE:688061) Business Description

Traded in Other Exchanges
N/A
Address
No. 149 Yanchang Road, Room 308, Science and Technology Building, Shanghai, CHN, 200072
Shanghai Orient-Chip Technology Co Ltd is engaged in the research and development, design, packaging, testing and sales of high-performance digital-analog hybrid integrated circuits and analog integrated circuits.

Shanghai Orient-Chip Technology Co (SHSE:688061) Headlines

No Headlines