- ASE Technology’s prelim fiscal year net income was NT$32.48 billion, closely aligning with estimates of NT$32.23 billion.
- The company reported a preliminary operating profit of NT$39.17 billion.
- Preliminary revenue came in at NT$595.4 billion, surpassing the expected NT$592.48 billion.
- Preliminary earnings per share (EPS) were NT$7.52, ahead of the estimated NT$7.38.
- Investor sentiment is strong with 17 buy ratings, 5 hold ratings, and no sell ratings for ASE Technology.
ASE Technology Holding on Smartkarma
ASE Technology Holding has received coverage from top independent analysts on Smartkarma, providing valuable insights for investors. Patrick Liao‘s analysis points towards a slightly bearish outlook, with expectations of a mid-single-digit decline in 4Q24 EMS and modest growth in ATM sales. Despite a lukewarm 2024 market outlook, robust AI demand offers promise for recovery and growth in 2025. Liao anticipates a better general market demand in 2025, driven by leading-edge business opportunities and increased testing sales mix.
On the contrary, the Tech Supply Chain Tracker offers a bullish perspective, highlighting Taiwan’s advancements in quantum computing, electric vehicles, and AI servers as catalysts for growth. The breakthrough in tiny quantum computer technology and LGES securing a significant deal with Mercedes-Benz for EV batteries showcase promising opportunities for ASE Technology Holding in the evolving tech landscape. These analyses provide a comprehensive view of the company’s market position and growth potential for investors on Smartkarma.
A look at ASE Technology Holding Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
ASE Technology Holding Co., Ltd., a company based in Taiwan, continues to show strong momentum according to Smartkarma’s Smart Scores. With an impressive overall score that highlights its value, dividend, growth, and momentum, ASE Technology Holding is positioned for long-term success in the assembly and testing services sector. The company’s high scores in dividend and momentum indicate stability and potential for growth, while its value and growth scores further support a positive outlook for the company. Despite a slightly lower score in resilience, ASE Technology Holding’s overall Smart Scores paint a bright future for the company.
Specializing in outsourced assembly, semiconductor testing, packaging, and related services, ASE Technology Holding is a key player in the industry. The company’s dedication to providing essential services in the semiconductor sector, coupled with its solid scores across various factors, positions it well for sustained growth and success. Investors looking for a company with a strong blend of value, growth, and dividend prospects, as well as robust momentum, may find ASE Technology Holding to be a promising prospect for long-term investment.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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