Ase Industrial Holding Stock Today

ASX Stock  USD 9.49  0.27  2.77%   

Performance

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Odds Of Distress

Less than 7

 
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Low
ASE Industrial is trading at 9.49 as of the 28th of November 2024; that is 2.77% down since the beginning of the trading day. The stock's open price was 9.76. ASE Industrial has only a 7 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for ASE Industrial Holding are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
15th of December 1995
Category
Technology
Classification
Information Technology
ASE Technology Holding Co., Ltd. provides a range of semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. The company was incorporated in 1984 and is headquartered in Kaohsiung, Taiwan. The company has 2.17 B outstanding shares of which 11 M shares are presently shorted by investors with about 1.64 days to cover. More on ASE Industrial Holding

Moving together with ASE Stock

  0.67MU Micron TechnologyPairCorr

Moving against ASE Stock

  0.44LGMK LogicMarkPairCorr

ASE Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOShihKang Hsu
Thematic IdeaElectronic Equipment (View all Themes)
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, NYSE Composite, SPASX All Australian, SPASX 50, Australia All Ordinaries, SPASX 200, SPASX 300, SPASX 200 Accumulated, SPASX 100, Electronic Equipment, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.04150.0476
Fairly Down
Pretty Stable
Asset Turnover0.550.873
Way Down
Slightly volatile
Gross Profit Margin0.240.1577
Way Up
Slightly volatile
Net Debt72.5 B110.9 B
Way Down
Slightly volatile
Total Current Liabilities233.5 B222.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total83.9 B126.1 B
Way Down
Slightly volatile
Total Assets699.9 B666.6 B
Sufficiently Up
Slightly volatile
Total Current Assets274.4 B261.3 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities120.1 B114.4 B
Sufficiently Up
Slightly volatile
Debt Levels
ASE Industrial can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ASE Industrial's financial leverage. It provides some insight into what part of ASE Industrial's total assets is financed by creditors.
Liquidity
ASE Industrial Holding has 178.15 B in debt with debt to equity (D/E) ratio of 0.74, which is OK given its current industry classification. ASE Industrial Holding has a current ratio of 1.16, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Note however, debt could still be an excellent tool for ASE to invest in growth at high rates of return.

Net Income

23.11 Billion
ASE Industrial Holding (ASX) is traded on New York Stock Exchange in USA. It is located in 26, Chin 3rd Road, Kaohsiung, Taiwan, 811 and employs 94,456 people. ASE Industrial is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 21.2 B. ASE Industrial Holding runs under Semiconductors & Semiconductor Equipment sector within Information Technology industry. The entity has 2.17 B outstanding shares of which 11 M shares are presently shorted by investors with about 1.64 days to cover. ASE Industrial Holding has about 10.4 B in cash with 114.42 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 36.85, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check ASE Industrial Probability Of Bankruptcy
Ownership Allocation
ASE Industrial holds a total of 2.17 Billion outstanding shares. Almost 92.44 percent of ASE Industrial outstanding shares are held by general public with 7.56 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check ASE Ownership Details

ASE Stock Institutional Holders

InstituionRecorded OnShares
Citigroup Inc2024-09-30
4.3 M
Earnest Partners Llc2024-06-30
2.8 M
Envestnet Asset Management Inc2024-09-30
2.7 M
Barclays Plc2024-06-30
2.6 M
Natixis Advisors, Llc.2024-06-30
2.4 M
American Century Companies Inc2024-09-30
2.2 M
Tt International Asset Management Ltd2024-09-30
2.1 M
Jpmorgan Chase & Co2024-06-30
1.8 M
Vanguard Group Inc2024-09-30
1.7 M
Lazard Asset Management Llc2024-06-30
21.1 M
Fisher Asset Management, Llc2024-09-30
15.2 M
View ASE Industrial Diagnostics

ASE Industrial Historical Income Statement

At this time, ASE Industrial's Net Income Applicable To Common Shares is fairly stable compared to the past year. View More Fundamentals

ASE Stock Against Markets

ASE Industrial Corporate Directors

Tien WuGroup Chief Operating Officer, DirectorProfile
TaLin HsuIndependent DirectorProfile
Raymond LoDirector, General Manager, Kaohsiung packaging facilityProfile
TienSzu ChenDirector, General Manager, ASE Inc. Chung-Li branchProfile

Already Invested in ASE Industrial Holding?

The danger of trading ASE Industrial Holding is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ASE Industrial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ASE Industrial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ASE Industrial Holding is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for ASE Stock Analysis

When running ASE Industrial's price analysis, check to measure ASE Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASE Industrial is operating at the current time. Most of ASE Industrial's value examination focuses on studying past and present price action to predict the probability of ASE Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASE Industrial's price. Additionally, you may evaluate how the addition of ASE Industrial to your portfolios can decrease your overall portfolio volatility.