Uncovering Hidden Insights on ASE Technology (ASX)

By Susan Ramirez • Thursday, May 28 16:09 • Permanent Link

Shares of Technology sector company ASE Technology moved 3.9% today, and are now trading at a price of $40.6. The Large-Cap stock's daily volume was 7,451,659 compared to its average volume of 7,742,100. The S&P 500 index returned a 1.0% performance.

ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. The company is based in Kaohsiung and has 107,950 full time employees. Its market capitalization is $89,074,196,480.

Over the last year, ASX's share price has increased by 310.4%, which represents a difference of 283.2% when compared to the S&P 500. The stock's 52 week high is $41.1 per share whereas its 52 week low is $9.23. ASE Technology's average free cash flow over the last 5 years has been $711.34 Million, but they have been decreasing at an average rate of -26.5%. This may prove a challenge to the long term sustainability of the stock's upwards trend.

Date Reported	Cash Flow from Operations ($ k)	Capital expenditures ($ k)	Free Cash Flow ($ k)	YoY Growth (%)
2024	2,768,764	2,934,052	-165,288	-107.71
2023	3,736,836	1,592,379	2,144,457	87.21
2022	3,612,137	2,466,664	1,145,473	334.31
2021	2,946,427	2,682,681	263,746	-53.82
2020	2,673,100	2,102,001	571,099	85.08
2019	2,417,359	2,108,789	308,570

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.