ASE Technology Holding (3711) Earnings Surge: March Sales Hit NT$53.75 Billion, Marking 17.7% Growth

ASE Technology Holding on Smartkarma

ASE Technology Holding, a company closely monitored by independent analysts on Smartkarma, has garnered mixed sentiments in recent reports. Analyst Patrick Liao‘s bullish view suggests a seasonal decline in 1Q25 for ASEH, particularly in EMS and IC ATM sales. However, optimism stems from potential benefits arising from the new US BIS policy, which aims to restrict non-listed OSAT vendors, notably from China, in producing US-related chips.

In contrast, another report by the same analyst adopts a bearish stance, highlighting an overall slight downward trend in 4Q24 for ASEH. Despite expectations of EMS decline and moderate growth in ATM sales, the market struggles in 2024, with only AI demand showing resilience. Looking ahead to 2025, there is hope for recovery and growth in the general market, with the potential for increased opportunities in leading-edge technologies and a more favorable testing sales mix to boost gross margins.

A look at ASE Technology Holding Smart Scores

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

Looking ahead, the long-term outlook for ASE Technology Holding Co., Ltd. appears promising based on the Smartkarma Smart Scores. With solid scores in Dividend, Growth, and Momentum, the company demonstrates strengths that position it well for future success. ASE Technology Holding offers assembly and testing services in Taiwan, focusing on outsourced assembly, semiconductor testing, packaging, and related services.

While scoring lower in Resilience, the overall positive ratings in key areas suggest a favorable trajectory for ASE Technology Holding. Investors may find the company attractive for its potential returns and stable dividend payouts. As the company continues to leverage its strong areas of value, growth, and momentum, it could prove to be a valuable long-term investment opportunity in the semiconductor industry.

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