#Taiwan #Taipei #revenue growth #Semiconductor #ASE Technology

ASE Technology Holding Co., Ltd. Financial Performance Overview

ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711), widely known for its prowess in the semiconductor industry, has recently disclosed its monthly net revenues for December as well as insights into its performance for the fourth quarter and the entire year of 2024. This announcement came on January 10, 2025, marking yet another crucial update in the realm of financials for stakeholders.

Performance Breakdown

According to the unaudited financial results, the consolidated net revenues for December 2024 were reported at NT$52,905 million, exhibiting a marginal decrease of 0.1% from November's revenues. However, when compared year-over-year, this represents a 6.0% increase from December 2023, where net revenues were NT$49,906 million.

In terms of U.S. dollars, the figures are similarly eye-catching, with December revenues accounting for approximately $1,632 million. This reflects a slight decrease of 1.0% from November's $1,648 million, while still achieving an annual growth of 2.6% over December 2023, which stood at $1,589 million.

Quarterly Insights

Examining the fourth quarter as a whole, the total consolidated net revenues reached NT$162,264 million, signifying a 1.3% increment compared to the third quarter of 2024. This number slightly improved when juxtaposed with Q4 2023, showcasing a meager growth of 1.0%. In USD values, the fourth-quarter revenues were recorded at $5,046 million, marking a 1.8% rise sequentially while maintaining a stable growth of 0.4% from the previous year.

Yearly Financial Overview

For the full fiscal year of 2024, ASE Technology noted net revenues of NT$595,410 million. This translates to a noteworthy annual growth of 2.3% compared to the previous year's revenues of NT$581,914 million. Nonetheless, in USD terms, total net revenues showed a slight decline to $18,596 million from $18,688 million in 2023, indicating a reduction of 0.5% year-on-year.

ATM Segment Performance

Delving into the specifics of the ATM (Assembly Test Material) segment, the December revenues recorded were NT$29,858 million, marking a year-over-year increase of an impressive 13.9%. This segment also demonstrated consistent growth from the previous month.

For the fourth quarter, ATM revenues reached NT$88,363 million, which is a commendable growth of 7.8% compared to Q4 2023. The ATM segment has illustrated the company’s strong capacity to withstand market fluctuations while capitalizing on growing demands in the semiconductor assembly and testing processes.

Future Prospects and Considerations

Despite the steady growth seen in these financial reports, ASE Technology remains cautious about future projections. The company emphasizes that unforeseen challenges may arise due to the cyclic nature of the semiconductor industry, shifts in market demand, and evolving regulatory landscapes.

ASE aims to navigate these uncertainties by continually adapting its strategies and exploring technological advancements that foster competitive advantage in a saturated market. With a focus on sustainable practices, the company is also cognizant of the need to comply with stringent environmental regulations.

In summary, ASE Technology Holding Co., Ltd. continues to show resilience and growth even amid a highly competitive and complex industry landscape. Investors and stakeholders alike will be keenly watching the forthcoming developments as the company strategizes for the future.