STOCK TITAN

ASE TECHNOLOGY HOLDING CO., LTD. Files 2023 Annual Report On Form 20-F

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
ASE Technology Holding Co., files 2023 annual report on Form 20-F, available for shareholders. Contact Citibank Shareholder Services for audited financial statements.
Positive
  • None.
Negative
  • None.

The filing of an annual report on Form 20-F by ASE Technology Holding Co., Ltd. is a significant disclosure that provides investors with a comprehensive overview of the company's financial health and operational performance over the past fiscal year. Analyzing the audited financial statements enables stakeholders to assess ASEH's profitability, liquidity and solvency, which are critical for making informed investment decisions.

ASEH's performance metrics, such as revenue growth, profit margins and earnings per share, can be compared against industry benchmarks to gauge the company's competitive standing. Additionally, the report may contain management's discussion and analysis, offering insights into strategic initiatives and potential growth areas. Investors should pay attention to any significant changes in financial position or deviations from expected performance, as these could influence ASEH's stock valuation.

From a market perspective, the release of ASEH's annual report is an opportunity to understand the company's market positioning and future prospects. The semiconductor industry, where ASE Technology operates, is known for its cyclical nature and sensitivity to global economic trends. By examining ASEH's market share, research and development investments and customer base diversification, investors can evaluate the company's resilience to industry-specific risks.

It's also essential to analyze ASEH's supply chain strategies and any mention of geopolitical factors that may affect its operations, such as trade tensions or regulatory changes. The semiconductor industry is currently facing challenges like chip shortages and increasing competition, which ASEH must navigate to maintain its growth trajectory.

Legal considerations also play a important role in interpreting the annual report's implications. The Form 20-F filing is a regulatory requirement for foreign companies listed on U.S. exchanges, ensuring transparency and adherence to U.S. securities laws. Investors should scrutinize any legal proceedings, regulatory compliance issues, or risk factors disclosed by ASEH that could potentially impact its business operations and legal standing.

Understanding the 'Safe Harbor' notice is important as it limits the company's liability for forward-looking statements, which may not materialize as predicted. Investors should be aware of the legal context in which these statements are made and consider them alongside historical performance and current market conditions.

TAIPEI, April 8, 2024 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces that it has filed its annual report on Form 20-F for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission.  The 2023 20-F is available on ASEH's website at www.aseglobal.com and on the website of the U.S. Securities and Exchange Commission at www.sec.gov.  Hard copies of the audited financial statements included in the 2023 Form 20-F are available to shareholders upon request and free of charge.  To request a copy of the audited financial statements, please contact Citibank Shareholder Services at 1-877-CITI-ADR (248-4237).

Safe Harbor Notice:

This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words "anticipate," "believe," "estimate," "expect," "intend," "plan" and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People's Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors.  For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2023 Annual Report on Form 20-F filed on April 3, 2024.

Investor Relations Contact:

ir@aseglobal.com

Tel: +886.2.6636.5678

https://www.aseglobal.com



Cision View original content:https://www.prnewswire.com/news-releases/ase-technology-holding-co-ltd-files-2023-annual-report-on-form-20-f-302110106.html

SOURCE ASE Technology Holding Co., Ltd.

FAQ

Where can I find ASE Technology Holding Co., 's 2023 annual report on Form 20-F?

ASE Technology Holding Co., 's 2023 annual report on Form 20-F can be found on their website at www.aseglobal.com and on the U.S. Securities and Exchange Commission's website at www.sec.gov.

How can shareholders request a copy of the audited financial statements included in the 2023 Form 20-F?

Shareholders can request a copy of the audited financial statements by contacting Citibank Shareholder Services at 1-877-CITI-ADR (248-4237).

What is the ticker symbol for ASE Technology Holding Co., ?

The ticker symbol for ASE Technology Holding Co., is ASX.

What is the significance of filing the annual report on Form 20-F with the U.S. Securities and Exchange Commission?

Filing the annual report on Form 20-F with the U.S. Securities and Exchange Commission ensures transparency and compliance with regulatory requirements.

Are hard copies of the audited financial statements free for shareholders?

Yes, hard copies of the audited financial statements included in the 2023 Form 20-F are available to shareholders upon request and free of charge.

ASE Technology Holding Co., Ltd.

NYSE:ASX

ASX Rankings

ASX Latest News

ASX Stock Data

22.74B
3.01B
6.94%
0.52%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
Kaohsiung

About ASX

Advanced Semiconductor Engineering, Inc., also known as ASE Group, is a provider of independent semiconductor assembling and test manufacturing services, with its headquarters in Kaohsiung, Taiwan.