ASE Technology Holding Co Ltd
TWSE:3711

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ASE Technology Holding Co Ltd
TWSE:3711
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Price: 237.5 TWD 2.81%
Market Cap: 1.1T TWD

ASE Technology Holding Co Ltd
Investor Relations

ASE Technology Holding Co., Ltd. finds itself at the heart of a pivotal industry, quietly powering the global technology sphere with its advanced semiconductor packaging and testing services. Founded in 1984 and headquartered in Kaohsiung City, Taiwan, ASE Technology has grown into a critical player in the semiconductor supply chain, offering a suite of services that are indispensable to the creation of electronic devices. Focused on encapsulating and protecting delicate chips, the company specializes in turning semiconductor wafers into operational miracles that can conduct electricity and process information. The intricate dance of semiconductor design and manufacturing takes a pivotal turn at ASE Technology, where raw semiconductor wafers are encased in reliable packages that can withstand the rigors of practical use, all while being tested for functionality and quality.

The company's business model thrives on long-term collaborations with industry giants – think leading chipmakers, consumer electronics companies, and automotive enterprises. These alliances bolster ASE's ability to innovate and invest in cutting-edge facilities capable of sophisticated processes such as wafer-level packaging and system-in-package solutions. Beyond sheer manufacturing might, ASE leverages its expertise in engineering and logistics to create value-added solutions, ensuring its components meet the nuanced needs of varied applications, from high-performance computing to mobile communications. Revenue streams are robust, derived from a diversified portfolio that spans consumer electronics, communications, computing, and automotive sectors, reflecting ASE Technology's role as a linchpin in an increasingly digital world. By continuously evolving in a sector marked by rapid technological shifts, ASE Technology not only secures enduring relevance but also expands its footprint as a beacon of innovation and reliability.

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3711
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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 30, 2025
AI Summary
Q3 2025

Revenue Beat: Q3 consolidated revenue was TWD 168.6 billion, up 12% QoQ and 5% YoY, outperforming company expectations with record ATM business revenues.

Profitability Up: Gross margin was 17.1%, up 0.1 pts QoQ and 0.6 pts YoY, despite significant foreign exchange headwinds.

Strong ATM Performance: ATM revenues hit a record TWD 100.3 billion, up 8% QoQ and 17% YoY; test business continues to outpace assembly.

LEAP & AI Momentum: LEAP and test services, driven by AI demand, remain growth leaders; company on track for TWD 1.6 billion LEAP revenue in 2025, with another TWD 1 billion expected in 2026.

Guidance Raised: Q4 consolidated revenue guided up 1–2% QoQ, with gross and operating margins expected to rise 70–100 bps QoQ; ATM full-year 2025 revenue growth guided to over 20% in USD terms.

CapEx Increase: Full-year CapEx to rise by several hundred million USD to meet customer demand and support growth into 2026.

Supply Chain Stable: No major disruptions seen in substrate/material supply; company positions itself to manage shortages if they arise.

Key Financials
Revenue
TWD 168.6 billion
Gross Margin
17.1%
Operating Margin
7.8%
EPS (Fully Diluted)
TWD 2.41
EPS (Basic)
TWD 2.50
Gross Profit
TWD 28.9 billion
Operating Profit
TWD 13.2 billion
Net Income
TWD 10.9 billion
ATM Revenue
TWD 100.3 billion
ATM Gross Margin
22.6%
EMS Revenue
TWD 69 billion
EMS Gross Margin
9.2%
EMS Operating Margin
3.7%
EBITDA
TWD 32.6 billion
Net Debt to Equity
63%
CapEx (Machinery & Equipment, Q3)
$779 million
Cash, Cash Equivalents, and Current Financial Assets
TWD 83.4 billion
Total Interest-Bearing Debt
TWD 295.7 billion
LEAP Revenue Target (2025)
TWD 1.6 billion
Tax Expense
TWD 2.6 billion
Effective Tax Rate
19%
Other Earnings Calls

Management

Mr. Hung-Pen Chang
Vice Chairman, GM & President
No Bio Available
Mr. Joseph Tung
Group CFO
No Bio Available
Dr. Tien Yu Wu
Group COO & Representative Director
No Bio Available
Mr. Murphy Kuo
Senior VP, Accountant Manager & Group Controller
No Bio Available
Mr. Dtuang Wang
Chief Administrative Officer, Chief Corporate Governance Officer & Company Secretary
No Bio Available
Mr. Kenneth Hsiang CPA
Head of Investor Relations & VP
No Bio Available
Dr. Shi Hua Pan
Group Chief of Staff
No Bio Available
Mr. Rui Rong Lo
GM of Kaohsiung Plant
No Bio Available
Mr. Kwai Mun Lee
President of Southeast Asia Operations
No Bio Available
Mr. Bo-Lian Li
Senior Vice President
No Bio Available

Contacts

Address
KAOHSIUNG
Kaohsiung
No.26, Chin 3 Road, Nantze Export Processing Zone, Nanzi District
Contacts
+88673617131.0
www.aseglobal.com