ASE Financial Statements From 2010 to 2024

ASX Stock  USD 10.35  0.24  2.27%   
ASE Industrial financial statements provide useful quarterly and yearly information to potential ASE Industrial Holding investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on ASE Industrial financial statements helps investors assess ASE Industrial's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting ASE Industrial's valuation are summarized below:
Gross Profit
134.9 B
Profit Margin
0.0545
Market Capitalization
22.3 B
Enterprise Value Revenue
0.0426
Revenue
581.9 B
We have found one hundred twenty available fundamental signals for ASE Industrial Holding, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to validate all of ASE Industrial Holding prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself for few more years. Market Cap is likely to rise to about 1.3 T in 2024. Working Capital is likely to rise to about 20 B in 2024

ASE Industrial Total Revenue

611.01 Billion

Check ASE Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASE main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.6 B, Interest Expense of 6.7 B or Selling General Administrative of 27.6 B, as well as many exotic indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0383 or PTB Ratio of 2.68. ASE financial statements analysis is a perfect complement when working with ASE Industrial Valuation or Volatility modules.
  
This module can also supplement ASE Industrial's financial leverage analysis and stock options assessment as well as various ASE Industrial Technical models . Check out the analysis of ASE Industrial Correlation against competitors.

ASE Industrial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets699.9 B666.6 B445.2 B
Slightly volatile
Short and Long Term Debt Total109 B179.2 B134.6 B
Slightly volatile
Other Current Liabilities79.2 B75.5 B43.7 B
Slightly volatile
Total Current Liabilities233.5 B222.3 B138.8 B
Slightly volatile
Total Stockholder Equity312.7 B297.8 B187.7 B
Slightly volatile
Property Plant And Equipment Net145.8 B276.3 B175.9 B
Slightly volatile
Net Debt72.6 B111.9 B88.3 B
Slightly volatile
Retained Earnings100.6 B95.8 B46 B
Slightly volatile
Accounts Payable73.8 B70.3 B47.9 B
Slightly volatile
Cash36.4 B67.3 B46.3 B
Slightly volatile
Non Current Assets Total425.5 B405.2 B264.8 B
Slightly volatile
Non Currrent Assets OtherB3.1 B10.5 B
Slightly volatile
Cash And Short Term Investments41.6 B71.4 B51.2 B
Slightly volatile
Net Receivables127.2 B121.1 B70.1 B
Slightly volatile
Common Stock Total Equity59.8 B49.8 B59.5 B
Pretty Stable
Common Stock Shares Outstanding2.6 B4.3 B2.8 B
Slightly volatile
Short Term Investments5.2 B4.1 B4.9 B
Slightly volatile
Liabilities And Stockholders Equity699.9 B666.6 B445.2 B
Slightly volatile
Non Current Liabilities Total83.9 B126.1 B103.5 B
Slightly volatile
Inventory32.5 B63.3 B45.9 B
Slightly volatile
Other Current Assets6.3 B5.6 B8.6 B
Slightly volatile
Other Stockholder Equity138.8 B132.2 B70.3 B
Slightly volatile
Total Liabilities180.1 B348.5 B233.1 B
Slightly volatile
Property Plant And Equipment Gross337.2 B321.2 B192 B
Slightly volatile
Total Current Assets274.4 B261.3 B180.3 B
Slightly volatile
Short Term Debt73.7 B70.2 B46.1 B
Slightly volatile
Common Stock57.9 B43.8 B59.1 B
Slightly volatile
Other Liabilities24.7 B23.5 B10.6 B
Slightly volatile
Current Deferred RevenueB5.7 B3.7 B
Slightly volatile
Long Term Debt166.4 B158.5 B81.9 B
Slightly volatile
Good Will54.3 B51.7 B29.2 B
Slightly volatile
Intangible Assets73 B69.6 B40.8 B
Slightly volatile
Property Plant Equipment363.5 B346.2 B150.8 B
Slightly volatile
Net Tangible Assets150.1 B254.4 B140.1 B
Slightly volatile
Long Term Investments22.1 B26.3 B17.2 B
Slightly volatile
Short and Long Term Debt64.5 B65.3 B67.9 B
Very volatile
Net Invested Capital482.9 B570.2 B369.3 B
Slightly volatile
Cash And Equivalents15.3 B12 B10.3 B
Slightly volatile
Net Working Capital62.1 B89.8 B49.8 B
Slightly volatile
Capital Stock47.9 B50.2 B44.1 B
Slightly volatile

ASE Industrial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization30.6 B57 B37.5 B
Slightly volatile
Selling General Administrative27.6 B26.3 B14.7 B
Slightly volatile
Total Revenue611 B581.9 B362.2 B
Slightly volatile
Gross Profit48.1 B86.9 B61.5 B
Slightly volatile
Other Operating Expenses567.5 B540.5 B330.2 B
Slightly volatile
Operating Income24.1 B41.4 B30.7 B
Slightly volatile
Research Development26.8 B25.5 B14.6 B
Slightly volatile
EBITDA103.4 B98.4 B61.2 B
Slightly volatile
Cost Of Revenue519.8 B495 B297.8 B
Slightly volatile
Total Operating Expenses23.6 B45.5 B30.7 B
Slightly volatile
Income Before Tax24.3 B41.5 B32.9 B
Slightly volatile
Net Income18.8 B31.7 B25.3 B
Slightly volatile
Income Tax Expense9.5 BB6.5 B
Slightly volatile
Net Income Applicable To Common Shares75 B71.4 B26 B
Slightly volatile
Selling And Marketing Expenses8.4 BB4.6 B
Slightly volatile
Net Income From Continuing Ops33.3 B39.7 B27.6 B
Slightly volatile
Tax Provision9.7 B10.9 B7.5 B
Slightly volatile
Interest Income59.4 M62.5 M652.7 M
Very volatile
Reconciled Depreciation53.6 B57.7 B40 B
Slightly volatile

ASE Industrial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow33.7 B58 B42.9 B
Slightly volatile
Depreciation29.4 B57 B35.6 B
Slightly volatile
Capital Expenditures34 B54.9 B41.2 B
Slightly volatile
Total Cash From Operating Activities111.3 B106 B61.4 B
Slightly volatile
Net Income23.1 B31.7 B31.7 B
Slightly volatile
End Period Cash Flow36.4 B67.3 B46.3 B
Slightly volatile
Stock Based Compensation822 M890.9 M766.5 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.762.13121.441
Very volatile
Dividend Yield0.03830.03050.0301
Pretty Stable
PTB Ratio2.684.16412.5075
Slightly volatile
Days Sales Outstanding76.1175.987970.9183
Very volatile
Book Value Per Share41.5969.328364.984
Very volatile
Invested Capital0.920.57770.7876
Very volatile
Operating Cash Flow Per Share13.8524.667420.4701
Pretty Stable
Average Payables4.2 B3.1 B2.8 B
Pretty Stable
Stock Based Compensation To Revenue0.00160.00170.0062
Slightly volatile
PB Ratio2.684.16412.5075
Slightly volatile
EV To Sales2.182.32351.7301
Very volatile
ROIC0.06330.06890.0784
Very volatile
Inventory Turnover8.547.82356.1781
Slightly volatile
Net Income Per Share5.487.38519.1767
Pretty Stable
Days Of Inventory On Hand42.2846.654161.475
Slightly volatile
Payables Turnover6.697.03886.1937
Very volatile
Sales General And Administrative To Revenue0.03130.03150.0386
Slightly volatile
Average Inventory4.1 B4.8 BB
Pretty Stable
Research And Ddevelopement To Revenue0.02990.04380.0383
Pretty Stable
Cash Per Share13.0216.613419.6329
Pretty Stable
POCF Ratio8.3211.70337.9913
Pretty Stable
Days Payables Outstanding41.6851.855458.588
Pretty Stable
Income Quality5.743.34022.2026
Slightly volatile
ROE0.0960.10650.1435
Pretty Stable
Tangible Asset Value46.5 B76.5 B78.6 B
Very volatile
EV To Operating Cash Flow10.2412.75969.6387
Very volatile
PE Ratio56.3939.090820.78
Slightly volatile
Return On Tangible Assets0.04430.05310.0652
Pretty Stable
Earnings Yield0.04620.02560.0644
Slightly volatile
Intangibles To Total Assets0.0560.10440.0761
Slightly volatile
Net Debt To EBITDA2.131.13721.9527
Slightly volatile
Current Ratio1.521.17541.3314
Pretty Stable
Tangible Book Value Per Share34.6945.809649.0997
Pretty Stable
Receivables Turnover5.954.80345.2694
Pretty Stable
Graham Number71.73107115
Very volatile
Shareholders Equity Per Share41.5969.328364.984
Very volatile
Debt To Equity0.920.57770.7876
Very volatile
Average Receivables10.1 B14 B14.6 B
Very volatile
Revenue Per Share72.02135120
Slightly volatile
Interest Debt Per Share33.2641.536849.8803
Very volatile
Debt To Assets0.390.25810.3279
Pretty Stable
Enterprise Value Over EBITDA11.3613.736811.4809
Slightly volatile
Short Term Coverage Ratios1.141.50941.2649
Slightly volatile
Price Earnings Ratio56.3939.090820.78
Slightly volatile
Operating Cycle97.63123131
Slightly volatile
Price Book Value Ratio2.684.16412.5075
Slightly volatile
Days Of Payables Outstanding41.6851.855458.588
Pretty Stable
Price To Operating Cash Flows Ratio8.3211.70337.9913
Pretty Stable
Pretax Profit Margin0.0720.07130.1035
Slightly volatile
Ebt Per Ebit1.181.00141.1005
Pretty Stable
Operating Profit Margin0.110.07120.0953
Slightly volatile
Effective Tax Rate0.110.2180.1731
Slightly volatile
Company Equity Multiplier2.632.23812.3972
Slightly volatile
Long Term Debt To Capitalization0.40.25480.3363
Pretty Stable
Total Debt To Capitalization0.50.36620.4367
Very volatile
Return On Capital Employed0.07710.09320.1025
Very volatile
Debt Equity Ratio0.920.57770.7876
Very volatile
Ebit Per Revenue0.110.07120.0953
Slightly volatile
Quick Ratio1.110.86580.921
Very volatile
Net Income Per E B T0.890.76490.7925
Slightly volatile
Cash Ratio0.480.30260.3917
Slightly volatile
Cash Conversion Cycle81.5170.786574.1253
Slightly volatile
Operating Cash Flow Sales Ratio0.240.18210.1785
Very volatile
Days Of Inventory Outstanding42.2846.654161.475
Slightly volatile
Days Of Sales Outstanding76.1175.987970.9183
Very volatile
Cash Flow Coverage Ratios0.340.61590.4209
Pretty Stable
Price To Book Ratio2.684.16412.5075
Slightly volatile
Fixed Asset Turnover1.22.10641.7838
Slightly volatile
Price Cash Flow Ratio8.3211.70337.9913
Pretty Stable
Enterprise Value Multiple11.3613.736811.4809
Slightly volatile
Debt Ratio0.390.25810.3279
Pretty Stable
Cash Flow To Debt Ratio0.340.61590.4209
Pretty Stable
Price Sales Ratio1.762.13121.441
Very volatile
Return On Assets0.04150.04760.0605
Pretty Stable
Asset Turnover0.550.8730.7591
Slightly volatile
Net Profit Margin0.08050.05450.0846
Slightly volatile
Gross Profit Margin0.240.14930.2035
Slightly volatile
Price Fair Value2.684.16412.5075
Slightly volatile
Return On Equity0.0960.10650.1435
Pretty Stable

ASE Industrial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.3 T1.2 T520.5 B
Slightly volatile
Working Capital20 B19 B19.9 B
Slightly volatile
Enterprise Value1.4 T1.4 T611.8 B
Slightly volatile

ASE Fundamental Market Drivers

Forward Price Earnings12.3001
Cash And Short Term Investments71.4 B

ASE Upcoming Events

1st of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
1st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About ASE Industrial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ASE Industrial income statement, its balance sheet, and the statement of cash flows. ASE Industrial investors use historical funamental indicators, such as ASE Industrial's revenue or net income, to determine how well the company is positioned to perform in the future. Although ASE Industrial investors may use each financial statement separately, they are all related. The changes in ASE Industrial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ASE Industrial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ASE Industrial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ASE Industrial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue5.7 BB
Total Revenue581.9 B611 B
Cost Of Revenue495 B519.8 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.03  0.03 
Research And Ddevelopement To Revenue 0.04  0.03 
Capex To Revenue(0.09)(0.1)
Revenue Per Share 135.46  72.02 
Ebit Per Revenue 0.07  0.11 

Pair Trading with ASE Industrial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ASE Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ASE Industrial will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to ASE Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASE Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ASE Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ASE Industrial Holding to buy it.
The correlation of ASE Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ASE Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASE Industrial Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ASE Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ASE Industrial Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASE Industrial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ase Industrial Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ase Industrial Holding Stock:
Check out the analysis of ASE Industrial Correlation against competitors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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Is ASE Industrial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASE Industrial. If investors know ASE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASE Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Earnings Share
0.5
Revenue Per Share
270.918
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0367
The market value of ASE Industrial Holding is measured differently than its book value, which is the value of ASE that is recorded on the company's balance sheet. Investors also form their own opinion of ASE Industrial's value that differs from its market value or its book value, called intrinsic value, which is ASE Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASE Industrial's market value can be influenced by many factors that don't directly affect ASE Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASE Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASE Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASE Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.