Earnings Alerts

ASE Technology Holding (3711) Earnings: November Sales Reach NT$52.93 Billion Despite a 2.9% Decline

By December 10, 2024 No Comments
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  • ASE Technology reported sales of NT$52.93 billion for November 2024.
  • This marks a 2.9% decrease compared to previous figures.
  • The company’s stock currently has 17 buy ratings, indicating positive investor sentiment.
  • There are 6 hold ratings on the stock, suggesting some analysts recommend maintaining current positions.
  • Importantly, there are no sell ratings, reflecting confidence in the company’s performance and prospects.

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ASE Technology Holding on Smartkarma

Analysts on Smartkarma have been closely monitoring ASE Technology Holding, providing insights on the company’s performance and future prospects.

Patrick Liao‘s analysis indicates a slightly downward trend in ASEH’s 4Q24 EMS, expecting a mid-single-digit percentage decline QoQ. However, there is optimism for growth in ATM sales in the same period, with the outlook for 2025 showing promise for recovery and expansion, especially in AI demand.

Vincent Fernando, CFA, highlights a widening performance gap between leading-edge and traditional semiconductor players in ASE’s latest earnings report. The commentary suggests rising capital requirements and entry barriers for smaller players, emphasizing the importance of investment for operational competitiveness.


A look at ASE Technology Holding Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.4

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. presents a mixed outlook for investors based on the Smartkarma Smart Scores. With a strong momentum score of 5, indicating positive price trends, the company shows promising signs for potential growth. Additionally, its dividend score of 4 suggests a stable payout to investors, offering an attractive feature for income-seeking individuals. Despite these positive aspects, ASE Technology Holding scores lower in resilience with a score of 2, highlighting some vulnerability to market fluctuations.

Looking at the long-term perspective, ASE Technology Holding’s overall outlook is moderate with a value score of 3 and growth score of 3. This indicates that while the company may not be undervalued, there is potential for gradual growth in the future. Investors should consider the company’s strong momentum and dividend scores alongside its position in the semiconductor industry in Taiwan when making investment decisions.


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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