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ASX · NYSE · United States · Semiconductors & Related Devices
In shortASE Technology Holding Co., Ltd. is profitable, burns cash and carries moderate debt, with revenue growing (+8.4% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 8.0% | 43/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 6.2% | 45/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 12.1% | 60/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 7.2% | 48/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.26× | 39/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.69× | 73/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.19× | 80/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 6.85× | 51/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.06 | 25/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -3.5% | 6/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | -0.56× | 0/100 |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 13.3% | 62/100 |
| Operating margin volatility | 2.4% | 87/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -1.3% | 10/100 |
|---|---|---|
| EPS growth, 3-year average | -14.1% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
TWD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 569,997 | 670,873 | 581,914 | 595,410 | 645,388 |
| Cost of revenue | 459,628 | 535,943 | 490,157 | 498,478 | 531,195 |
| Gross profit | 110,369 | 134,930 | 91,757 | 96,932 | 114,193 |
| Research & development | 21,054 | 24,370 | 25,499 | 28,830 | 32,851 |
| Selling, general & admin | 20,804 | 23,464 | 19,361 | 21,467 | 23,181 |
| Operating income | 63,314 | 81,190 | 41,649 | 40,339 | 51,421 |
| Interest expense | 2,831 | 4,010 | 6,272 | 6,777 | 7,503 |
| Pre-tax income | 80,194 | 81,764 | 42,612 | 41,733 | 51,303 |
| Income tax | 17,944 | 17,146 | 5,304 | 7,916 | 10,107 |
| Net income | 60,150 | 61,502 | 35,458 | 32,379 | 40,016 |
| Diluted EPS | TWD13.54 | TWD13.81 | TWD8.04 | TWD7.20 | TWD8.75 |
| Diluted shares (millions) | 4,366 | 4,323 | 4,348 | 4,392 | 4,430 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
2.06 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Apr 1, 2026