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Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) Equity-to-Asset : 0.87 (As of Mar. 2024)


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What is Southchip Semiconductor Technology (Shanghai) Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Southchip Semiconductor Technology (Shanghai) Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥3,827 Mil. Southchip Semiconductor Technology (Shanghai) Co's Total Assets for the quarter that ended in Mar. 2024 was ¥4,420 Mil. Therefore, Southchip Semiconductor Technology (Shanghai) Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.87.

The historical rank and industry rank for Southchip Semiconductor Technology (Shanghai) Co's Equity-to-Asset or its related term are showing as below:

SHSE:688484' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.83   Max: 0.89
Current: 0.87

During the past 5 years, the highest Equity to Asset Ratio of Southchip Semiconductor Technology (Shanghai) Co was 0.89. The lowest was 0.47. And the median was 0.83.

SHSE:688484's Equity-to-Asset is ranked better than
87.31% of 1001 companies
in the Semiconductors industry
Industry Median: 0.63 vs SHSE:688484: 0.87

Southchip Semiconductor Technology (Shanghai) Co Equity-to-Asset Historical Data

The historical data trend for Southchip Semiconductor Technology (Shanghai) Co'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.

Southchip Semiconductor Technology (Shanghai) Co Equity-to-Asset Chart

Southchip Semiconductor Technology (Shanghai) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.81 0.89 0.86 0.47 0.83

Southchip Semiconductor Technology (Shanghai) Co Quarterly Data
Dec19 Dec20 Sep21 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 0.86 0.81 0.85 0.83 0.87

Competitive Comparison of Southchip Semiconductor Technology (Shanghai) Co's Equity-to-Asset

For the Semiconductors subindustry, Southchip Semiconductor Technology (Shanghai) Co'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.


Southchip Semiconductor Technology (Shanghai) Co's Equity-to-Asset Distribution in the Semiconductors Industry

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

* The bar in red indicates where Southchip Semiconductor Technology (Shanghai) Co's Equity-to-Asset falls into.



Southchip Semiconductor Technology (Shanghai) Co 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.

Southchip Semiconductor Technology (Shanghai) Co'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
=3699.037/4461.86
=0.83

Southchip Semiconductor Technology (Shanghai) Co'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
=3827.393/4419.887
=0.87

* 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.


Southchip Semiconductor Technology (Shanghai) Co  (SHSE:688484) 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%.


Southchip Semiconductor Technology (Shanghai) Co Equity-to-Asset Related Terms

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Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) Business Description

Traded in Other Exchanges
N/A
Address
No. 54, Lane 565, Shengxia Road, Room 1601, Building 4, Pilot Free Trade Zone, Shanghai, CHN, 201210
Southchip Semiconductor Technology (Shanghai) Co Ltd is engaged in the research and development, design and sales of analog and embedded chips, power supply and battery management.

Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) Headlines

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