Core Viewpoint - The article emphasizes the importance of value investing, highlighting the strategy of identifying undervalued companies through fundamental analysis and traditional valuation metrics [1]. Group 1: Investment Strategy - Value investing is a strategy that focuses on finding companies undervalued by the broader market [1]. - Investors can utilize the Zacks Rank and Style Scores system to identify high-quality value stocks, particularly those with high Zacks Ranks and "A" grades for Value [2]. Group 2: ASE Technology (ASX) Analysis - ASE Technology (ASX) is currently rated 2 (Buy) by Zacks and has a Value grade of A, indicating strong potential as a value stock [2]. - ASX has a Forward P/E ratio of 15.80, significantly lower than its industry's average Forward P/E of 34.83, suggesting it may be undervalued [2]. - The stock's Forward P/E has fluctuated between 9.95 and 21.39 over the past year, with a median of 12.95 [2]. - ASX's P/S ratio is 1.36, compared to the industry's average P/S of 3.66, further indicating potential undervaluation [3]. - The combination of these metrics suggests that ASE Technology is likely being undervalued and has a strong earnings outlook, making it an attractive value stock [3].

TAIPEI, June 11, 2024 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces its unaudited consolidated net revenues for May 2024.CONSOLIDATED NET REVENUES (UNAUDITED) May Apr May Sequential YoY (NT$ Million) 2024 2024 2023 Change Change Net Revenues 47,493 45,820 46,239 +3.7 % +2.7 % <td colspan="1" nowrap rowspan= ...

Investing in dividend stocks is one of the surest paths to building long-term wealth. Those who reinvest dividends compound their returns, building sustainable wealth in the long run. However, dividend stocks can be pricey, creating an initial entry barrier for investors simply lacking the funds. The good news is that not all dividend stocks are pricey. That’s the point of this article — identifying high-yield dividend stocks under $50. Investors who direct their capital into these shares, position themselv ...

Financial Data and Key Metrics Changes - For Q1 2024, the company recorded fully diluted EPS of $1.28 and basic EPS of $1.32, with consolidated net revenues declining 17% sequentially but increasing 1% year-over-year [5][8] - Gross profit was $20.9 billion with a gross margin of 15.7%, which declined by 0.3 percentage points sequentially but increased by 0.9 percentage points year-over-year [5][6] - Operating profit was $7.5 billion, down $4.3 billion sequentially and down $0.2 billion year-over-year, with an operating margin decline of 1.7 percentage points sequentially and 0.2 percentage points year-over-year [7][8] Business Line Data and Key Metrics Changes - ATM business revenues were $73.9 billion, down $8.1 billion sequentially (10% decline) but up $0.6 billion year-over-year (1% increase) [9][10] - EMS revenues were $59.4 billion, declining $19.8 billion or 25% sequentially but improving $1.6 billion or 3% year-over-year [15][16] - The gross margin for the ATM business was 21%, down 2.4 percentage points sequentially but up 0.9 percentage points year-over-year [10][12] Market Data and Key Metrics Changes - The overall demand environment for services fell on a sequential basis due to seasonality, with higher and leading-edge services performing better than legacy services [4] - The NT dollar appreciated 2% against the U.S. dollar sequentially during Q1, impacting gross and operating margins negatively by 0.55 percentage points [8][9] - The company expects a slightly improved demand environment for Q2 2024, with ATM revenue projected to grow by mid-single digits quarter-over-quarter [22] Company Strategy and Development Direction - The company aims to double leading-edge advanced packaging revenues in the current year, tracking ahead of target [15] - There is a focus on increasing investments in R&D and expanding overseas operations, with a 10% increase in CapEx planned for the year [29][42] - The company is monitoring the potential for establishing a facility in the U.S. but currently does not see it as economically viable [52][53] Management's Comments on Operating Environment and Future Outlook - Management believes that most sectors are bottoming out, with expectations for gradual recovery in the second half of the year [25][34] - The company anticipates that the increase in electricity rates will negatively impact gross margins by approximately 0.8 percentage points in Q2 [21][58] - Despite challenges, management remains confident in reaching structural gross margin targets of 25% to 30% for the second half of the year [58][60] Other Important Information - The company reported cash, cash equivalents, and current financial assets of $83.5 billion, increasing by $11.5 billion [18] - Total interest-bearing debt increased slightly to $195.3 billion, primarily due to currency fluctuations [18] - The company is seeing increasing adoption of AI-related packaging services, which are expected to drive future growth [19][20] Q&A Session Summary Question: Overall end demand outlook and automotive sector - Management sees most sectors bottoming out in Q2, with automotive still expected to grow despite some softness [25][27] Question: Advanced packaging growth and long-term view - Strong growth momentum is expected in AI-related packaging and testing, with a 10% increase in CapEx focused on this area [29][30] Question: Utilization rates and pricing changes - Utilization rates are expected to improve above 70% in the second half, with overall pricing remaining resilient despite some pressure on legacy products [70][72] Question: U.S. expansion plans and SiP business growth - The company is monitoring the U.S. market for potential expansion but does not see immediate plans, while SiP business growth is expected to resume next year [56][52]

First Quarter 2024 Earnings Release ASE Technology Holding 25 April, 2024 Safe Harbor Notice This presentation contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. These statements a ...

Core Insights - ASE Technology Holding Co., Ltd. reported unaudited net revenues of NT$132,803 million for Q1 2024, representing a year-over-year increase of 1.5% but a sequential decrease of 17.3% [1] - The net income attributable to shareholders for the quarter was NT$5,682 million, down from NT$5,817 million in Q1 2023 and NT$9,392 million in Q4 2023 [1][3] - Basic earnings per share for Q1 2024 were NT$1.32 (US$0.084 per ADS), compared to NT$1.36 in Q1 2023 and NT$2.18 in Q4 2023 [1][3] Financial Performance - Net revenues from packaging operations, testing operations, EMS operations, and others accounted for approximately 45%, 9%, 45%, and 1% of total net revenues, respectively [2] - Cost of revenues for the quarter was NT$111,935 million, down from NT$134,820 million in Q4 2023 [2] - Gross margin decreased by 0.3 percentage points to 15.7% in Q1 2024 from 16.0% in Q4 2023, while operating margin was 5.7% compared to 7.4% in Q4 2023 [2] ATM and EMS Operations - In ATM operations, net revenues were NT$73,908 million, up by 0.8% year-over-year but down by 9.9% sequentially [4] - For EMS operations, net revenues were NT$59,365 million, reflecting a year-over-year increase of 2.8% but a sequential decrease of 25.0% [5] - Gross margin for ATM operations decreased to 21.0% in Q1 2024 from 23.4% in Q4 2023, while EMS operations saw an increase in gross margin to 9.3% from 8.4% in Q4 2023 [4][5] Customer Concentration - The five largest customers accounted for approximately 46% of total net revenues in Q1 2024, up from 44% in Q4 2023 [7] - In EMS, the five largest customers represented about 67% of total net revenues in Q1 2024, down from 72% in Q4 2023 [8] Capital Expenditures and Liquidity - Capital expenditures in Q1 2024 totaled US$228 million, with US$109 million allocated to packaging operations and US$97 million to testing operations [6] - The current ratio was 1.19 and the net debt to equity ratio was 0.36 as of March 31, 2024 [6]

Investors interested in Electronics - Semiconductors stocks are likely familiar with ASE Technology Hldg (ASX) and Lattice Semiconductor (LSCC) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scor ...

TAIPEI, April 8, 2024 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces that it has filed its annual report on Form 20-F for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission.  The 2023 20-F is available on ASEH's website at www.aseglobal.com and on the website of the U.S. Securities and Exchange Commission at www.sec.gov.  Hard copies of the audited financial statements included in the 2023 Form 20-F are available t ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIE ...

ASE Technology Holdings Co., Ltd. (NYSE:ASX) Q4 2023 Results Conference Call February 1, 2024 2:00 AM ET Company Participants Ken Hsiang - Head of Investor Relations Joseph Tung - Chief Financial Officer Tien Wu - COO Conference Call Participants Gokul Hariharan - JPMorgan Laura Chen - Citi Charlie Chan - Morgan Stanley Bruce Lu - Goldman Sachs Randy Abrams - UBS Szeho Ng - China Renaissance Dylan Liu - Morgan Stanley Ken Hsiang Hello. I am Ken Hsiang, the Head of Investor Relations for ASE Technology Holdi ...