- ASMPT Ltd’s net income for the first quarter stands at HK$179.9 million, which is a drop of 43% from last year. Despite this, it surpasses the estimate of HK$159.8 million.
- Total revenue for the first quarter came out to HK$3.14 billion, a 20% decrease year on year (y/y), slightly below the estimate of HK$3.17 billion.
- Semiconductor solutions contributed to the revenue with HK$1.38 billion, though this is an 11% y/y decrease. This is also lower than the estimated HK$1.45 billion.
- Surface mount technology solutions generated revenue of HK$1.76 billion, down by 26% y/y, which beats the estimate of HK$1.69 billion.
- The expenses for Research and Development (R&D) were recorded at HK$458.7 million, a decrease of 5.6% y/y, which is lower than the estimate of HK$466.1 million.
- The gross margin for ASMPT Ltd improved to 41.9% from last year’s 40.4%. It is also higher than the estimated figure of 40.1%.
- For the second quarter, ASMPT Ltd expects a revenue of between $380 million to $440 million, which is below the estimated $470.8 million.
- Analysts’ ratings for ASMPT Ltd shares included 19 buys, 4 holds, and 1 sell.
A look at ASM Pacific Technology Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
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
ASM Pacific Technology Limited, a leading manufacturer of semiconductor back end equipment, is poised for a promising long-term outlook based on the Smartkarma Smart Scores. With a strong momentum score of 5, the company demonstrates excellent potential for growth and performance in the future. Additionally, ASM Pacific Technology‘s high resilience score of 4 indicates its ability to withstand market fluctuations, providing stability to investors. While the value and dividend scores are moderate at 2, the growth score of 3 reflects opportunities for expansion and development within the industry.
Specializing in the production of assembly equipment, packaging equipment, and surface mount technology equipment, ASM Pacific Technology caters to various sectors including microelectronics, semiconductor, and optoelectronics. The company’s diversified product range positions it well for continued success in the evolving semiconductor market. By scoring favorably in key areas such as momentum and resilience, ASM Pacific Technology stands out as a reliable and forward-looking investment option for those eyeing long-term growth potential.
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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