ASE Technology Stock Price, News & Analysis

ASE Technology Holding Co., Ltd. (NYSE: ASX) reported unaudited consolidated net revenues of NT$40,848 million for January 2021, an 18.8% decrease from NT$50,298 million in December 2020, but a 30.3% increase year-over-year from NT$31,337 million in January 2020. In US dollars, revenues declined 18.4% sequentially to $1,438 million but represented a 37.5% increase year-over-year. Additionally, ATM net revenues were NT$24,854 million, down 2.1% sequentially but up 13.6% year-over-year.

ASE Technology Holding Co., Ltd. reported 4Q20 net revenues of NT$148,877 million, marking a 28% year-over-year increase and a 21% sequential rise. Net income attributable to shareholders surged to NT$10,044 million from NT$6,383 million in 4Q19. Basic earnings per share (EPS) reached NT$2.35, up from NT$1.50 in the previous year. For the full year, net revenues stood at NT$476,978 million, a 15% annual increase, with net income at NT$27,593 million and diluted EPS at NT$6.31. Cost pressures included raw material expenses at 56% of revenues, while gross margin saw a slight drop to 15.7% in 4Q20.

ASE Technology Holding Co., Ltd. (ASX) reported its unaudited net revenues for December and the fourth quarter of 2020. December revenue was NT$50,298 million, down 0.7% from NT$50,665 million in November, but up 29.7% year-on-year. Fourth quarter net revenue reached NT$148,877 million, a 20.8% increase from the previous quarter and 28.3% higher year-on-year. In USD, December revenues stood at $1,763 million, slightly up by 0.2% from November and reflecting a 38.1% increase year-on-year. The report highlights strong growth in the semiconductor services segment.

ASE Technology Holding Co. (ASX) reported its unaudited consolidated net revenues for November 2020, totaling NT$50,665 million (approximately US$1,759 million), marking an increase of 5.7% from October 2020 and 31.7% YoY. The ATM assembly, testing, and material segments also showed positive performance, with November revenues at NT$24,286 million, up 5.2% sequentially and 6.3% YoY. This growth reflects robust demand in the semiconductor sector despite ongoing market challenges. These results demonstrate the company's strong positioning within the industry.

ASE Technology Holding Co. (NYSE: ASX) announced its subsidiary, USI Shanghai, completed the acquisition of Asteelflash Group for $421.5 million, including cash and share consideration. The deal includes an earn-out of up to $42.8 million based on Asteelflash's performance. USI now owns 100% of Asteelflash, enhancing its position in the electronics manufacturing services sector. This acquisition aims to leverage synergies, expand market reach, and combine technological capabilities while retaining Asteelflash's management team.

ASE Technology Holding Co., Ltd. (ASX) reported unaudited consolidated net revenues of NT$ 47,915 million for October 2020, reflecting a 9.1% increase from September 2020 and a 23.5% growth year-over-year. In US dollars, revenues reached $1,652 million, up 10.5% sequentially and 31.3% year-over-year. The ATM assembly and testing reported revenues at NT$ 23,075 million, marking a 0.9% rise from September and a 0.2% increase year-over-year, while US dollar revenues were $796 million, up 2.3% sequentially and 6.5% year-over-year.

ASE Technology Holding Co., Ltd. reported 3Q20 net revenues of NT$123,195 million, marking a 5% year-over-year increase and 15% sequential growth. Net income attributable to shareholders was NT$6,712 million, up from NT$5,734 million in 3Q19, but down from NT$6,937 million in 2Q20. Basic EPS rose to NT$1.57, compared to NT$1.35 in 3Q19 and decreased from NT$1.63 in 2Q20. However, gross margin dropped to 16.0%, and operating margin decreased to 7.4% due to rising costs. The company has a current ratio of 1.33 and a net debt to equity ratio of 0.75.