Wafer Works (Shanghai) Co (SHSE:688584) Debt-to-Equity : 0.13 (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Wafer Works (Shanghai) Co Debt-to-Equity?

Wafer Works (Shanghai) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥365 Mil. Wafer Works (Shanghai) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥180 Mil. Wafer Works (Shanghai) Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥4,204 Mil. Wafer Works (Shanghai) Co's debt to equity for the quarter that ended in Mar. 2024 was 0.13.

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 Wafer Works (Shanghai) Co's Debt-to-Equity or its related term are showing as below:

SHSE:688584' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.28 Max: 0.69
Current: 0.13

During the past 7 years, the highest Debt-to-Equity Ratio of Wafer Works (Shanghai) Co was 0.69. The lowest was 0.13. And the median was 0.28.

SHSE:688584's Debt-to-Equity is ranked better than
65.14% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs SHSE:688584: 0.13

Wafer Works (Shanghai) Co Debt-to-Equity Historical Data

The historical data trend for Wafer Works (Shanghai) 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.

Wafer Works (Shanghai) Co Debt-to-Equity Chart

Wafer Works (Shanghai) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.56

0.69

0.50

0.31

0.23

Wafer Works (Shanghai) Co Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									-	0.28	0.28	0.23	0.13

Competitive Comparison of Wafer Works (Shanghai) Co's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Wafer Works (Shanghai) 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.

Wafer Works (Shanghai) Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Wafer Works (Shanghai) Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wafer Works (Shanghai) Co's Debt-to-Equity falls into.

Wafer Works (Shanghai) Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wafer Works (Shanghai) Co'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
	=	(468.783	+	181.49)	/	2788.818
	=	0.23

Wafer Works (Shanghai) Co'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
	=	(364.794	+	180.002)	/	4203.745
	=	0.13

Wafer Works (Shanghai) Co (SHSE:688584) 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.

Wafer Works (Shanghai) Co Debt-to-Equity Related Terms

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

Wafer Works (Shanghai) Co (SHSE:688584) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Wafer Works (Shanghai) Co Ltd (SHSE:688584) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Wafer Works (Shanghai) Co Ltd is engaged in the manufacturing of semiconductor silicon epitaxial wafers in China. Its main products are semiconductor silicon epitaxial wafers and is mainly used to prepare power devices and analog chips, and are widely used in automobiles, communications, electric power, industry, consumer electronics, high-end equipment, and other fields.

Wafer Works (Shanghai) Co (SHSE:688584) Headlines

No Headlines