ASE Technology Holding Co., Ltd. ADR (ASX) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 26	$0.17	$0.2	+17.6%	—	$173.7B	—
Q4 25	$0.2	$0.21	+5.0%	—	$177.9B	—
Q3 25	$0.13	$0.16	+23.1%	—	$168.6B	—
Q2 25	$0.14	$0.11	-21.4%	—	$150.8B	—
Q1 25	$0.12	$0.1	-16.7%	—	$148.2B	—
Q4 24	$0.15	$0.13	-13.3%	—	$5.1B	—
Q3 24	$0.15	$0.13	-13.3%	—	$5.2B	—
Q2 24	$0.11	$0.11	0.0%	—	$140.2B	—
Q1 24	$0.09	$0.08	-11.1%	—	$132.8B	—
Q4 23	$0.13	$0.13	0.0%	—	—	—
Q3 23	$0.13	$0.13	0.0%	—	$154.2B	—
Q2 23	$0.1	$0.12	+20.0%	—	$136.3B	—
Q1 23	$0.07	$0.09	+28.6%	—	$130.9B	—
Q4 22	$0.22	$0.23	+4.5%	—	$177.4B	—
Q3 22	$0.24	$0.26	+8.3%	—	$188.6B	—
Q2 22	$0.2	$0.25	+25.0%	—	$160.4B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$18.7	—	—	$645.4B	—
FY24	—	$15	—	—	$18.8B	—
FY23	—	$14.8	—	—	—	—
FY22	—	$28.8	—	—	$670.9B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$274.9B	$290.4B	$371.1B	$413.2B	$477B	$570B	$670.9B	—	$18.8B	$645.4B
YoY change	-2.97%	+5.66%	+27.8%	+11.3%	+15.4%	+19.5%	+17.7%	—	—	+3.3K%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	274.9B	290.4B	371.1B	413.2B	477B	570B	670.9B	—	18.8B	645.4B
Cost of revenue	221.7B	237.7B	309.9B	348.9B	399B	459.6B	535.9B	—	15.7B	531.2B
Gross profit	53.2B	52.7B	61.2B	64.3B	78B	110.4B	134.9B	—	3.1B	114.2B
Gross margin	19.3%	18.2%	16.5%	15.6%	16.3%	19.4%	20.1%	—	16.3%	17.7%
Research & development	11.4B	11.7B	15B	18.4B	19.3B	21.1B	24.4B	—	910.6M	32.9B
Selling, general & administrative	15.1B	15.8B	19.6B	22.4B	23.8B	27.2B	30.4B	—	913.9M	30.6B
Operating expenses	26.4B	26.8B	33.7B	40.2B	41.4B	46.4B	53.4B	—	1.8B	62.7B
Operating income	26.8B	26B	27.4B	24.1B	36.6B	64B	81.5B	—	1.3B	51.5B
Operating margin	9.76%	8.94%	7.4%	5.84%	7.66%	11.2%	12.2%	—	6.79%	7.99%
Non-operating income, net	3.4B	6.5B	7.6B	2.8B	2.1B	18.5B	3.6B	—	196.4M	5.4B
Pretax income	28B	31B	31.9B	23.3B	35.8B	80.2B	81.8B	—	1.3B	51.3B
Income tax	5.4B	6.5B	4.5B	5B	7.1B	17.9B	17.1B	—	250M	10.1B
Net income	22.6B	24.5B	27.4B	18.3B	28.7B	62.2B	64.6B	—	1.1B	41.2B
Net margin	8.21%	8.43%	7.39%	4.42%	6.01%	10.9%	9.63%	—	5.68%	6.38%
EBITDA	58.4B	56.1B	70.3B	75.4B	89B	120.1B	139.5B	—	3.3B	122B
EPS	11.3	11.3	11.9	7.92	12.9	29.7	28.8	14.8	15	18.7
Diluted EPS	9.4	10.5	11.7	7.72	12.6	28.8	27.6	14.4	14.5	17.8

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	154.2B	—	132.8B	140.2B	5.2B	5.1B	148.2B	150.8B	168.6B	177.9B	173.7B	191.1B
Cost of revenue	129.3B	—	111.9B	117.2B	4.3B	4.3B	123.3B	125.1B	139.7B	143.2B	138.8B	150.9B
Gross profit	24.9B	—	20.9B	23.1B	853.6M	841M	24.9B	25.7B	28.9B	34.7B	34.8B	40.1B
Gross margin	16.2%	—	15.7%	16.4%	16.5%	16.4%	16.8%	17%	17.1%	19.5%	20.1%	21%
Research & development	6.8B	—	6.6B	7.1B	240.2M	242.5M	7.6B	8B	8.3B	9B	9.2B	10.2B
Selling, general & administrative	6.8B	—	6.7B	6.9B	242.8M	244.6M	7.6B	7.5B	7.4B	8.1B	8.1B	8.8B
Operating expenses	13.5B	—	13.3B	14B	483M	487.1M	15.2B	15.5B	15.7B	17B	17.3B	19B
Operating income	11.4B	—	7.5B	9B	370.6M	393.1M	9.7B	10.2B	13.2B	18.5B	17.5B	21.1B
Operating margin	7.4%	—	5.67%	6.43%	7.17%	7.67%	6.53%	6.76%	7.83%	10.4%	10.1%	11.1%
Non-operating income, net	2.1B	—	1.4B	2.3B	67M	14.1M	1.4B	265M	2.2B	1.5B	2.7B	6.4B
Pretax income	12.3B	—	7.9B	10.1B	395.9M	365M	9.8B	9.3B	14B	18.3B	18.2B	25.7B
Income tax	2.9B	—	1.9B	2B	66.3M	63.8M	2B	1.6B	2.6B	3.9B	3.6B	4.2B
Net income	9.4B	—	6B	8.2B	329.6M	301.2M	7.8B	7.7B	11.4B	14.4B	14.6B	21.5B
Net margin	6.07%	—	4.48%	5.82%	6.37%	5.88%	5.26%	5.09%	6.74%	8.08%	8.39%	11.3%
EBITDA	27.3B	—	22.7B	24.8B	892.7M	902.7M	26B	27.2B	31B	37.9B	38.9B	43.9B
EPS	4.08	4.36	2.64	3.6	4.48	4.3	3.5	3.48	5	6.74	6.48	9.6
Diluted EPS	4	4.26	2.56	3.5	4.34	4.14	3.28	3.4	4.82	6.48	6.16	9.22

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	318.2B	435.1B	262.3B	389.7B	410.3B	553.9B	441.4B	669.3B	—	—	114B
Enterprise value	387B	459.7B	395.1B	545.4B	551.8B	690.4B	565.9B	669.3B	—	—	10B
Shares outstanding	63.1B	67.1B	69.9B	70.1B	70.3B	70.9B	70.4B	71.1B	68.2M	2.2B	2.2B

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	14.1	17.8	9.56	21.3	14.3	8.9	6.83	—	—	—	53
P/S	1.16	1.5	0.71	0.94	0.86	0.97	0.66	—	—	—	0.16
P/B	1.91	2.16	1.2	1.83	1.77	2.07	1.41	—	—	—	7.81
EV/EBITDA	6.63	8.19	5.62	7.23	6.2	5.75	4.06	—	—	—	2.27
EV/Sales	1.41	1.58	1.06	1.32	1.16	1.21	0.84	—	—	—	0.45
Earnings yield	7.1%	5.63%	10.5%	4.69%	6.98%	11.2%	14.6%	—	—	—	1.89%
FCF yield	7.82%	5.15%	3.47%	3.54%	2.9%	1.59%	8.45%	—	—	—	-2.89%
PEG	—	—	—	—	—	—	—	—	—	—	0.3

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	19.3%	18.2%	16.5%	15.6%	16.3%	19.4%	20.1%	—	16.3%	17.7%	21%
Operating margin	9.76%	8.94%	7.4%	5.84%	7.66%	11.2%	12.2%	—	6.79%	7.99%	11.1%
Net margin	8.21%	8.43%	7.39%	4.42%	6.01%	10.9%	9.63%	—	5.68%	6.38%	8.55%
ROE	13.5%	12.2%	12.5%	8.58%	12.4%	23.2%	20.6%	—	9.88%	11.2%	17%
ROA	6.31%	6.73%	5.14%	3.28%	4.9%	9.25%	9.13%	—	4.56%	4.63%	4.73%
ROIC	9.19%	9.08%	6.7%	5.13%	7.85%	12.3%	14.7%	—	7.15%	7.8%	9.39%
Return on tangible assets	6.77%	7.18%	7.37%	4.58%	6.77%	12%	11.5%	—	5.59%	5.43%	6.15%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.33	1.34	1.27	1.31	1.28	1.35	1.31	—	1.17	1.26	1.07
Quick ratio	0.91	1.02	0.98	1.02	0.93	1.01	0.91	—	0.91	0.98	0.81
Debt / equity	0.67	0.38	0.9	1.04	0.85	0.8	0.61	—	0.59	0.72	0.71
Debt / assets	0.31	0.21	0.37	0.4	0.34	0.32	0.27	—	0.27	0.3	0.28
Net debt / EBITDA	1.18	0.44	1.89	2.06	1.59	1.14	0.89	—	1.11	1.32	1.25
Interest coverage	13.6	18.5	10	6.56	11.4	29.7	21.5	—	7.18	7.86	9.54
Effective tax rate	19.3%	21%	14.1%	21.5%	19.9%	22.4%	21%	—	19%	19.7%	18.8%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	4.35	4.33	5.31	5.89	6.79	8.04	9.53	—	275.7	297.5	325.8
EPS (basic)	11.3	11.3	11.9	7.92	12.9	29.7	28.8	14.8	15	18.7	18.7
EPS (diluted)	9.4	10.5	11.7	7.72	12.6	28.8	27.6	14.4	14.5	17.8	0.82
Book value per share	2.64	3	3.13	3.04	3.3	3.78	4.45	—	158.5	169.9	5.56
FCF per share	0.39	0.33	0.13	0.2	0.17	0.12	0.53	—	4.22	-10.9	-19.4
Cash per share	0.67	0.77	0.93	0.93	0.8	1.12	0.93	—	39.8	47	48
Capex per share	0.41	0.35	0.58	0.81	0.81	0.99	1.03	—	36.7	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	9.47%	7.99%	10.8%	13.7%	12%	12.3%	10.8%	—	13.3%	—	—
Capex / operating cash flow	47.7%	41.3%	61.6%	68%	70.4%	68.2%	62%	—	72.5%	—	—
Payout ratio	54.2%	45.8%	38.7%	58.1%	29.7%	29%	46.4%	—	66.4%	55.9%	51%
Dividend yield	3.85%	2.58%	4.05%	2.73%	2.08%	3.26%	6.79%	—	—	—	3.81%

Yield

3.81%

trailing twelve months

Frequency

Annual

Last dividend

$0.417

ex-dividend Jul 6, 2026

Payout ratio

51%

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 6, 2026	$0.417
Jul 2, 2025	$0.356
Jul 2, 2024	$0.3216
Jun 30, 2023	$0.5714
Jun 29, 2022	$0.4672
Sep 3, 2021	$0.3006
Aug 13, 2020	$0.1363
Aug 13, 2019	$0.1595

Split history

Date

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$154.2B	—	$132.8B	$140.2B	$5.2B	$5.1B	$148.2B	$150.8B	$168.6B	$177.9B	$173.7B	$191.1B
YoY change	-18.3%	—	+1.46%	+2.91%	-96.6%	—	+11.6%	+7.5%	+3.2K%	+3.4K%	+17.2%	+26.7%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY24	FY25
Cash & short-term investments	59.4B	42.3B	51.9B	65.3B	65B	56.4B	79.1B	65.6B	2.7B	102B
Receivables	44.9B	51.1B	55.2B	79.5B	78.9B	91.8B	115.5B	114.6B	3.6B	125B
Inventory	49B	45.6B	34.1B	46.7B	45.3B	62.1B	73.2B	92.8B	1.9B	69.4B
Total current assets	156.7B	142.8B	144.9B	201.6B	202B	224.1B	292.4B	300.4B	8.7B	313.8B
Property, plant & equipment	55.5B	47.6B	35B	72.9B	85.8B	81.7B	94.2B	103.1B	3.4B	185.8B
Goodwill & intangibles	23.8B	24.2B	22.7B	161.7B	158.4B	160.8B	153.3B	147B	4.3B	130.9B
Total assets	365B	357.9B	363.9B	534.1B	557.2B	584.2B	673.3B	707.6B	23.4B	889.5B
Accounts payable	34.1B	35.8B	41.7B	56.9B	56.1B	73.3B	84.5B	79B	2.5B	88.8B
Short-term debt	53.7B	37.2B	32.4B	54B	43.3B	41.3B	49.6B	45.5B	1.7B	41.7B
Total current liabilities	122.7B	107B	108.4B	158.6B	154.3B	174.6B	217.2B	229.3B	7.4B	248.5B
Long-term debt	66.2B	73.9B	44.1B	144.1B	177.4B	156.6B	166.1B	144.5B	4.6B	222B
Total liabilities	199.1B	191.1B	162.6B	315B	344.4B	352.4B	405.1B	394.3B	12.6B	520.9B
Shareholders' equity	165.9B	166.8B	201.3B	219B	212.8B	231.7B	268.2B	313.3B	10.8B	368.6B
Total debt	120B	111.1B	76.5B	198.1B	220.7B	197.9B	215.7B	190.1B	6.4B	263.7B
Net debt	64.7B	72.7B	30.4B	146.6B	160.6B	146.4B	139.6B	132B	3.9B	171.2B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 23	Q3 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	66.4B	71.9B	83.5B	75.3B	2.5B	2.7B	93.5B	76.9B	83.4B	102B	114B	107.4B
Receivables	98.7B	114.1B	97.3B	102.4B	3.7B	3.6B	109.7B	103.1B	125.7B	125B	126B	143.3B
Inventory	77.6B	77B	63.3B	63.5B	2.2B	1.9B	59.9B	57.1B	66.2B	69.4B	76B	86.3B
Total current assets	271B	292.7B	273B	270.3B	9B	8.7B	278.7B	254B	294.1B	313.8B	337.7B	360.4B
Property, plant & equipment	273.3B	278.1B	277.1B	283.1B	9.5B	3.4B	353.8B	376.6B	409.9B	734.9B	764.7B	531.8B
Goodwill & intangibles	142.6B	141.1B	69B	68.3B	2.2B	4.3B	67B	65.6B	65.4B	130.9B	130.1B	66.3B
Total assets	672.5B	701.1B	681.5B	682.9B	23.1B	23.4B	774.2B	765.2B	842.6B	889.5B	957.5B	1.1T
Accounts payable	67.2B	79.1B	66.5B	70.9B	2.7B	2.5B	74.4B	70.5B	90.4B	88.8B	86.9B	99.5B
Short-term debt	56B	93.9B	70.9B	69.7B	2.6B	1.7B	76.3B	53.3B	67.8B	41.7B	47.4B	71.8B
Total current liabilities	225.8B	241.5B	229B	230.1B	7.6B	7.4B	267.7B	249B	259.6B	248.5B	294.5B	336.8B
Long-term debt	123.7B	117.9B	116.2B	106.4B	4B	4.6B	147.8B	179B	218.9B	222B	208.6B	224.6B
Total liabilities	375.1B	385.4B	369.3B	359.5B	12.4B	12.6B	439.2B	450.2B	503.1B	520.9B	576.4B	652.1B
Shareholders' equity	297.4B	315.6B	312.2B	323.5B	10.7B	10.8B	335B	314.9B	339.6B	368.6B	381.1B	419.2B
Total debt	179.7B	211.8B	187.1B	176.1B	6.6B	6.4B	224B	232.3B	286.8B	263.7B	256B	296.4B
Net debt	120.3B	149B	112B	109.9B	4.3B	3.9B	146.9B	159.5B	211.6B	171.2B	168.2B	205.1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY15	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY24	FY25
Net income	25B	28B	31B	31.9B	23.3B	35.8B	80.2B	81.8B	1.3B	51.3B
Depreciation & amortization	29.5B	29.5B	29.2B	42.7B	50.5B	51.3B	54.5B	55.5B	1.9B	67.4B
Stock-based compensation	133.5M	470.8M	438.8M	215.6M	871.7M	955.6M	699.2M	989.8M	69.1M	2.5B
Change in working capital	6.8B	-6.3B	-7.2B	-13.8B	5B	-9.4B	-35B	-24.5B	23.7M	26.5B
Operating cash flow	64.8B	54.6B	56.1B	65.3B	83.3B	81.2B	102.6B	117.1B	3.5B	142.2B
Capital expenditure	-30B	-26B	-23.2B	-40.3B	-56.6B	-57.2B	-70B	-72.6B	-2.5B	—
Investing cash flow	-62.9B	-42.7B	-15.6B	-128.8B	-53.2B	-60B	-48B	-73.5B	-2.6B	-2.3B
Dividends paid	-15.3B	-12.2B	-11.2B	-10.6B	-10.6B	-8.5B	-18.1B	-30B	-709.4M	-23B
Share repurchases	-5.3B	0	0	-71.3M	0	0	-5.5B	-205.6M	0	—
Financing cash flow	-1.2B	-37.1B	-20.8B	81.8B	-12.3B	-25.4B	-8.6B	-63.5B	-495.2M	35.9B
Net change in cash	712.9M	-25.2B	19.8B	18.3B	17.8B	-4.2B	46B	-19.9B	354.6M	175.9B
Free cash flow	26.8B	24.9B	22.4B	9.1B	13.8B	11.9B	8.8B	37.3B	287.6M	-23.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 23	Q3 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	10.1B	12.3B	7.9B	10.1B	395.9M	365M	9.8B	9.3B	14B	18.3B	18.2B	25.7B
Depreciation & amortization	14.5B	14.6B	14.6B	14.8B	485.6M	485.4M	16.1B	16.5B	17B	17.8B	18.6B	20B
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	338.6M	—
Change in working capital	—	—	—	—	—	—	—	—	—	—	1.4B	—
Operating cash flow	16B	20.9B	16.7B	16.8B	712.5M	1.6B	20B	36.8B	14.6B	70.8B	36.4B	47B
Capital expenditure	-12.1B	-14.5B	-12.5B	-14.8B	-638.5M	-1B	-36.3B	—	—	—	—	—
Investing cash flow	-14.4B	-14.6B	-15.5B	-14.5B	-722.2M	-895.7M	-37.6B	-469M	-909M	2.6B	-1.3B	-3.2B
Dividends paid	—	-37.8B	—	—	-725.4M	18.4K	—	—	-23B	11K	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-1.1B	-37.9B	-172M	-1.1B	-727M	10.2M	262M	-662M	27.7B	374B	-2.5B	-710M
Net change in cash	469M	-31.6B	1B	1.2B	-736.7M	717.7M	-17.3B	35.7B	41.4B	447.3B	32.7B	43.1B
Free cash flow	3.8B	6.4B	4.2B	2B	74.1M	19.9M	-16.4B	-6.3B	-30.3B	29.3B	-10B	-32.8B

Apr 30, 2018	1:1
Aug 20, 2012	1:1
Aug 12, 2011	1:1
Jul 27, 2010	109:100
Aug 13, 2008	1029:1000
Aug 20, 2007	11479:10000
Sep 7, 2005	10998:10000
Aug 25, 2004	10574:10000
Aug 22, 2003	11:10
Jul 17, 2001	117:100

ASE Technology Holding Co., Ltd. ADR Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement