Technology · Semiconductors
Price
$40.21
Market Cap
$88.2B
Employees
96,436
Beta
1.48
Avg Volume
9,314,998
CEO
Hung-Pen Chang
Business Description
Established in 1984 and headquartered in Kaohsiung, Taiwan, ASE Technology Holding Co., Ltd. operates as a leading global provider of essential services for the semiconductor industry. Its primary business encompasses a full range of semiconductor packaging and testing solutions, alongside electronic manufacturing services, catering to an international clientele spanning the United States, Taiwan, various other Asian countries, and Europe. The company offers an extensive portfolio of packaging services, featuring advanced techniques such as flip chip ball grid array (BGA) and chip scale package (CSP) formats. This also includes a variety of quad flat packages (including low profile and thin versions), bump chip carriers, and advanced quad flat no-lead (QFN) packages. ASE specializes in cutting-edge solutions like plastic BGAs, 3D chip packages, and stacked die integration, utilizing both copper and silver wire bonding. Further sophisticated offerings include specialized flip chip BGAs with heat-spreaders, hybrid FCCSPs, innovative package in package (PiP) and package on package (PoP) assemblies, advanced single-sided substrates, high-bandwidth PoP, fan-out wafer-level packaging, SESUB technology, and 2.5D silicon interposers. Additionally, the company produces IC wire bonding packages, system-in-package (SiP) products and modules, and provides critical interconnect materials, including the assembly of electronic components for the automotive sector. In the domain of semiconductor testing, ASE delivers a comprehensive array of services. These range from initial front-end engineering testing and wafer probing to the final verification of a diverse set of components, such as logic, mixed-signal, radio frequency (RF) modules, SiP, micro-electro-mechanical systems (MEMS), and discrete devices. The company also manages associated test services and drop shipment logistics. Beyond its core semiconductor operations, ASE Technology Holding diversifies its ventures significantly. This includes the development, construction, sale, leasing, and management of real estate properties. The company also manufactures substrates, offers information software solutions, provides equipment leasing and investment advisory services, and manages warehousing operations. Furthermore, ASE is involved in processing and distributing computer and communication peripherals, electronic components, telecommunications equipment, and motherboards, actively participating in the import and export of goods and technology.
Business History
Price Overview
Last updated: Jun 27, 2026 8:04am (just now)$40.21
-1.64 (-3.92%)
Day Range
$39.35 – $40.53
52-Week Range
$9.30 – $44.47
50-Day MA
$35.03
200-Day MA
$21.79
Volume
14,010,423.00
Share Structure
Outstanding
2,193,944,500.00
Float
1,629,188,264.00
Free Float
74.3%
Normal free float
— 74.3% of shares trade freely, ~25.7% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
58.49
Stock Price: $40.21
EPS (Diluted): 18.74
EPS (Diluted): 18.74
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
3.16
Stock Price: $40.21
Total Equity: $346.90B
Shares: 2,214,776,500
Total Equity: $346.90B
Shares: 2,214,776,500
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
22.06
Market Cap: $88.22B
Total Debt: $264.10B
Cash: $92.47B
EBITDA: $125.02B
Total Debt: $264.10B
Cash: $92.47B
EBITDA: $125.02B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$1.3T
Market Cap: $88.22B
Total Debt: $264.10B
Cash: $92.47B
Total Debt: $264.10B
Cash: $92.47B
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
17.7%
Gross Profit: $114.82B
Revenue: $648.92B
Revenue: $648.92B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
7.9%
Operating Income: $51.03B
Revenue: $648.92B
Revenue: $648.92B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
6.3%
Net Income: $40.88B
Revenue: $648.92B
Revenue: $648.92B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
14.4%
Net Income: $40.88B
Total Equity: $346.90B
Total Equity: $346.90B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
6.7%
Operating Income: $51.03B
Tax Rate: 18.4%
Equity: $346.90B
Total Debt: $264.10B
Cash: $92.47B
Tax Rate: 18.4%
Equity: $346.90B
Total Debt: $264.10B
Cash: $92.47B
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.28
Current Assets: $313.80B
Current Liabilities: $244.35B
Current Liabilities: $244.35B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.76
Short-Term Debt: $50.02B
Long-Term Debt: $214.08B
Total Debt: $264.10B
Total Equity: $346.90B
Long-Term Debt: $214.08B
Total Debt: $264.10B
Total Equity: $346.90B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$293.00
Revenue: $648.92B
Shares: 2,214,776,500
Shares: 2,214,776,500
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$156.63
Total Equity: $346.90B
Shares: 2,214,776,500
Shares: 2,214,776,500
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-9.03
Operating CF: $143.03B
CapEx: -$163.04B
Shares: 2,214,776,500
CapEx: -$163.04B
Shares: 2,214,776,500
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
2.1%
Last Dividend: N/A
Stock Price: $40.21
Stock Price: $40.21
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $40.88B
Net Income: $40.88B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares ASX against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 27, 2026 6:51am (1h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $564.5B | $679.1B | $574.2B | $607.7B | $648.9B |
| Cost of Revenue | $459.6B | $546.6B | $488.5B | $514.2B | $534.1B |
| Gross Profit | $104.9B | $132.6B | $85.7B | $93.5B | $114.8B |
| Operating Expenses | $42.6B | $50.3B | $44.9B | $52.4B | $63.8B |
| Operating Income | $62.3B | $82.3B | $40.9B | $41.1B | $51.0B |
| Net Income | $63.3B | $62.9B | $31.3B | $33.2B | $40.9B |
| EBITDA | $134.6B | $140.6B | $103.4B | $108.5B | $125.0B |
| EPS | $29.68 | $29.06 | $14.54 | $15.04 | $18.74 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 27, 2026 6:51am (1h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $76.1B | $58.0B | $67.3B | $76.5B | $92.5B |
| Total Current Assets | $292.4B | $300.4B | $261.7B | $275.3B | $313.8B |
| Total Assets | $673.3B | $707.6B | $667.4B | $741.1B | $889.3B |
| Current Liabilities | $217.2B | $229.3B | $226.0B | $234.4B | $244.3B |
| Long-Term Debt | $159.5B | $137.8B | $101.9B | $139.7B | $214.1B |
| Total Liabilities | $405.1B | $394.3B | $352.6B | $398.8B | $516.0B |
| Total Equity | $253.6B | $294.7B | $294.5B | $320.0B | $346.9B |
| Retained Earnings | $69.7B | $91.6B | $90.0B | $96.6B | $0 |
Cash Flow (Annual)
Last updated: Jun 27, 2026 6:51am (1h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $78.8B | $105.2B | $104.6B | $84.7B | $143.0B |
| Capital Expenditure | -$71.2B | -$74.2B | -$53.5B | -$81.8B | -$163.0B |
| Free Cash Flow | $7.6B | $31.0B | $51.1B | $3.0B | -$20.0B |
| Acquisitions (net) | $19.1B | -$362.7M | $849.1M | -$1.6B | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$5.5B | -$208.1M | $0 | $0 | $0 |
| Net Change in Cash | $25.3B | -$26.0B | $9.3B | $4.6B | $19.1B |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 6:51am (1h ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$648.7B $645.6B – $652.9B
|
$787.8B $734.3B – $848.8B
|
$946.3B $882.1B – $1.0T
|
$1.1T $1.0T – $1.2T
|
| EBITDA |
$129.3B $128.7B – $130.2B
|
$157.0B $146.4B – $169.2B
|
$188.6B $175.8B – $203.3B
|
$221.3B $206.3B – $238.4B
|
| Net Income |
$38.9B $35.5B – $42.8B
|
$73.9B $51.9B – $95.0B
|
$108.6B $84.5B – $132.8B
|
$140.4B $128.0B – $154.5B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 27, 2026 6:51am (1h ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +20.3% | -15.5% | +5.8% | +6.8% |
| Gross Profit Growth | +26.4% | -35.3% | +9.1% | +22.8% |
| Operating Income Growth | +32.2% | -50.3% | +0.5% | +24.2% |
| Net Income Growth | -0.7% | -50.2% | +5.9% | +23.3% |
| EBITDA Growth | +4.4% | -26.5% | +5.0% | +15.2% |
Insider Trading (Recent)
Last updated: Jun 27, 2026 6:51am (1h ago)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-18 | Uang Du-Tsuen | S-Sale | 3,000.00 | $611.00 | $1.8M |
| 2026-06-22 | Uang Du-Tsuen | S-Sale | 5,000.00 | $667.00 | $3.3M |
| 2026-06-23 | Uang Du-Tsuen | S-Sale | 3,000.00 | $697.00 | $2.1M |
| 2026-06-01 | Uang Du-Tsuen | S-Sale | 5,000.00 | $607.00 | $3.0M |
| 2026-06-03 | Uang Du-Tsuen | S-Sale | 5,000.00 | $617.00 | $3.1M |
| 2026-03-18 | Chung Chih-Hsiao | 0.00 | $0.00 | $0 | |
| 2026-05-22 | Chen Jeffrey | S-Sale | 9,000.00 | $538.00 | $4.8M |
| 2026-05-25 | Chen Jeffrey | S-Sale | 9,000.00 | $590.00 | $5.3M |
| 2026-05-26 | Chen Jeffrey | S-Sale | 9,000.00 | $630.00 | $5.7M |
| 2026-05-27 | Chen Jeffrey | S-Sale | 2,000.00 | $653.00 | $1.3M |
| 2026-05-19 | Chen Jeffrey | S-Sale | 9,000.00 | $483.00 | $4.3M |
| 2026-05-20 | Chen Jeffrey | S-Sale | 9,000.00 | $477.00 | $4.3M |
| 2026-05-21 | Chen Jeffrey | S-Sale | 9,000.00 | $505.00 | $4.5M |
| 2026-05-14 | Chen Jeffrey | S-Sale | 9,000.00 | $560.00 | $5.0M |
| 2026-05-15 | Chen Jeffrey | S-Sale | 9,000.00 | $563.00 | $5.1M |
| 2026-05-18 | Chen Jeffrey | S-Sale | 9,000.00 | $506.00 | $4.6M |
| 2026-04-24 | Chen Jeffrey | S-Sale | 9,000.00 | $473.00 | $4.3M |
| 2026-04-21 | Chen Jeffrey | S-Sale | 9,000.00 | $463.50 | $4.2M |
| 2026-04-22 | Chen Jeffrey | S-Sale | 9,000.00 | $466.50 | $4.2M |
| 2026-04-23 | Chen Jeffrey | S-Sale | 9,000.00 | $487.67 | $4.4M |
Dividend History (Last 20)
Last updated: Jun 27, 2026 6:51am (1h ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-07-06 | $0.42 | 2026-06-17 | 2026-07-06 | 2026-08-07 |
| 2025-07-02 | $0.36 | 2025-06-18 | 2025-07-02 | 2025-08-06 |
| 2024-07-02 | $0.32 | 2024-06-04 | 2024-07-02 | 2024-08-05 |
| 2023-06-30 | $0.56 | 2023-05-31 | 2023-07-03 | 2023-08-03 |
| 2022-06-29 | $0.47 | 2022-06-06 | 2022-06-30 | 2022-08-04 |
| 2021-09-03 | $0.30 | 2021-09-07 | 2021-10-07 | |
| 2020-08-13 | $0.14 | 2020-07-29 | 2020-08-14 | 2020-09-17 |
| 2019-08-13 | $0.16 | 2019-08-14 | 2019-09-12 | |
| 2018-08-10 | $0.16 | 2018-07-19 | 2018-08-13 | 2018-09-12 |
| 2018-04-18 | $0.37 | |||
| 2017-08-09 | $0.29 | |||
| 2016-08-15 | $0.31 | |||
| 2015-08-10 | $0.40 | |||
| 2014-08-13 | $0.27 | |||
| 2013-07-30 | $0.22 | |||
| 2012-08-20 | $0.12 | |||
| 2011-08-12 | $0.13 | |||
| 2010-07-27 | $0.06 | |||
| 2009-07-27 | $0.09 | |||
| 2008-08-13 | $0.34 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for ASX — it's generated by the pipeline (
market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30