Ase Technology Holding Intrinsic Value Calculator – ASE TECHNOLOGY HOLDING Reports Fourth Quarter of FY2022 Results Ending February 9, 2023.

Earnings report

Ase Technology Holding Intrinsic Value Calculator – ASE TECHNOLOGY HOLDING ($TWSE:3711) Co., Ltd. is a leading provider of integrated solutions for the semiconductor packaging and testing industry. The company is listed on the Taiwan Stock Exchange (TWSE). On December 31, 2022, ASE TECHNOLOGY HOLDING reported its results for the fourth quarter of fiscal year 2022, ending February 9, 2023. Total revenue for the quarter decreased by 49.1% year over year to TWD 15.7 billion.

Reported net income rose by 2.6% to TWD 177.4 billion during the same period. ASE TECHNOLOGY HOLDING’s performance during the fourth quarter was mainly driven by its strong market position in its core semiconductor packaging and testing business and its ability to capture new business opportunities. Despite the challenging economic environment due to the pandemic, ASE TECHNOLOGY HOLDING was able to report a strong financial performance for the fourth quarter and the full fiscal year due to its diversified product portfolio, cutting edge solutions, and strong market position. Moving forward, the company is focused on expanding its footprints in new markets and further leveraging its competitive advantages to further strengthen its position in the industry and drive future growth.

Stock Price

Overall, ASE TECHNOLOGY HOLDING reported strong fourth quarter results, with increases in both revenue and income compared to the same period last year, as well as a dividend payout to shareholders. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Ase Technology Holding. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Ase Technology Holding. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Ase Technology Holding. More…

Key Ratios Snapshot

Some of the financial key ratios for Ase Technology Holding are shown below. More…

Analysis – Ase Technology Holding Intrinsic Value Calculator

GoodWhale recently conducted an analysis of ASE TECHNOLOGY HOLDING’s wellbeing and concluded that the fair value of ASE TECHNOLOGY HOLDING share is around NT$112.1. This value was calculated using GoodWhale’s proprietary Valuation Line, a mathematical formula that calculates a company’s worth based on its current market value and financials. At the time of writing, ASE TECHNOLOGY HOLDING stock is being traded at NT$106.0, a fair price undervalued by 5.5%. This means that investors who purchase ASE TECHNOLOGY HOLDING shares now may be able to benefit from its potential appreciation in the future. Investors should, however, take into account the current market conditions and the risks associated with investing in ASE TECHNOLOGY HOLDING before making any investment decisions. This includes assessing the company’s financial position, industry trends, and the economic environment in which it operates. Furthermore, investors should also consider the impact of government regulations, macroeconomic changes, and technological advancements before entering into any financial agreement with ASE TECHNOLOGY HOLDING. Given GoodWhale’s analysis of ASE TECHNOLOGY HOLDING’s wellbeing, investors may want to consider taking advantage of the current undervalued prices and investing in the company. However, it is important for investors to consider all of the risks and rewards associated with investing in ASE TECHNOLOGY HOLDING before making any final decisions. More…

Peers

Its major competitors include Forehope Electronic (Ningbo) Co Ltd, Micro Silicon Electronics Co Ltd, and Amkor Technology Inc. All four companies specialize in providing sophisticated semiconductor assembly and test services to the semiconductor industry, making them formidable competitors in the market.

– Forehope Electronic (Ningbo) Co Ltd ($SHSE:688362)

Forehope Electronic (Ningbo) Co Ltd is a Chinese electronics manufacturer that produces and sells products such as printed circuit boards, connectors, antennas, and more. The company has a market cap of 10.23B as of 2023, making it one of the larger players in its industry. Additionally, the company’s return on equity (ROE) of 17.74% indicates that it is able to generate a healthy return from its investments. This is an indication of the company’s financial health and its ability to generate value for its shareholders.

– Micro Silicon Electronics Co Ltd ($TPEX:8162)

Micro Silicon Electronics Co Ltd is a technology company that specializes in semiconductor and integrated circuit (IC) production. As of 2023, the company has a market capitalization of 2.3 billion and a Return on Equity of 18.35%, indicating that it has a strong financial performance. The company’s market capitalization is a measure of its overall value and can be used to compare it to other companies in the industry. The high ROE shows that the company is able to generate more profits from its shareholders’ invested capital. This suggests that the company has good management and a strong competitive advantage.

– Amkor Technology Inc ($NASDAQ:AMKR)

Amkor Technology Inc is a leading global provider of advanced semiconductor packaging and test services. The company has a market capitalization of 6.76 billion dollars as of 2023 and a Return on Equity of 17.69%. This indicates that the company has been doing well and has been able to increase its shareholders’ equity over time. Amkor is known for its advanced packaging solutions, which help its customers develop and produce high-performance, cost-effective semiconductor solutions. The company also offers various testing solutions and services to help ensure the quality and reliability of its customers’ products.

Summary

ASE Technology Holding Co., Ltd. is a global integrated semiconductor packaging and testing services provider based in Taiwan. The company reported its financial results for the fourth quarter of FY2022 ending February 9, 2023, showing a year-over-year decrease in total revenue of 49.1% to TWD 15.7 billion. Despite this, the company managed to report a 2.6% year-over-year increase in net income to TWD 177.4 billion. Investors may find that the decrease in total revenue is concerning and may be indicative of lower profits moving forward.

However, the strength of ASE Technology’s balance sheet and cash flow can provide some comfort that the company is well-positioned to weather any potential downturns.

Additionally, the increasing profitability is a positive sign that the company is able to make more efficient use of its assets and resources. In terms of future prospects, ASE Technology has a diversified presence across multiple sectors, giving it exposure to different markets which may provide stable growth in the coming years. Furthermore, the company has also made investments in research and development, which could lead to new products and services in the near future that could help the company grow.