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Nexchip Semiconductor (SHSE:688249) Equity-to-Asset : 0.45 (As of Mar. 2024)


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What is Nexchip Semiconductor Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nexchip Semiconductor's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥21,476 Mil. Nexchip Semiconductor's Total Assets for the quarter that ended in Mar. 2024 was ¥48,061 Mil. Therefore, Nexchip Semiconductor's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.45.

The historical rank and industry rank for Nexchip Semiconductor's Equity-to-Asset or its related term are showing as below:

SHSE:688249' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.45   Max: 0.5
Current: 0.45

During the past 6 years, the highest Equity to Asset Ratio of Nexchip Semiconductor was 0.50. The lowest was 0.30. And the median was 0.45.

SHSE:688249's Equity-to-Asset is ranked worse than
73.65% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs SHSE:688249: 0.45

Nexchip Semiconductor Equity-to-Asset Historical Data

The historical data trend for Nexchip Semiconductor's Equity-to-Asset 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.

Nexchip Semiconductor Equity-to-Asset Chart

Nexchip Semiconductor Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.34 0.46 0.30 0.34 0.45

Nexchip Semiconductor Quarterly Data
Dec18 Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.47 0.50 0.45 0.45

Competitive Comparison of Nexchip Semiconductor's Equity-to-Asset

For the Semiconductors subindustry, Nexchip Semiconductor's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Nexchip Semiconductor's Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nexchip Semiconductor's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nexchip Semiconductor's Equity-to-Asset falls into.



Nexchip Semiconductor Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Nexchip Semiconductor's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=21409.805/48156.28
=0.44

Nexchip Semiconductor's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=21475.958/48060.61
=0.45

* 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.


Nexchip Semiconductor  (SHSE:688249) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Nexchip Semiconductor Equity-to-Asset Related Terms

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Nexchip Semiconductor (SHSE:688249) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, West Feihe Road, Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230011
Nexchip Semiconductor Corp is the first 12-inch wafer foundry enterprise in Anhui Province. The company focuses on semiconductor wafer production and foundry services and is committed to contributing to the improvement of domestic independent and controllable integrated circuit manufacturing capabilities, providing customers with different 150-55nm process technologies, and will introduce more advanced process technologies in the future. It is engaged in Research and development, production and sales of integrated circuit-related products and supporting products.

Nexchip Semiconductor (SHSE:688249) Headlines

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