ASE Historical Income Statement

ASX Stock  USD 11.00  0.02  0.18%   
Historical analysis of ASE Industrial income statement accounts such as Interest Expense of 6.7 B, Selling General Administrative of 27.6 B or Total Revenue of 611 B can show how well ASE Industrial Holding performed in making a profits. Evaluating ASE Industrial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ASE Industrial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining ASE Industrial Holding latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ASE Industrial Holding is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASE Industrial Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

About ASE Income Statement Analysis

ASE Industrial Holding Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ASE Industrial shareholders. The income statement also shows ASE investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

ASE Industrial Income Statement Chart

ASE Industrial Holding Income Statement is one of the three primary financial statements used for reporting ASE's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ASE Industrial Holding revenue and expense. ASE Industrial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, ASE Industrial's Selling And Marketing Expenses is fairly stable compared to the past year.

Total Revenue

Total revenue comprises all receipts ASE Industrial Holding generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ASE Industrial Holding minus its cost of goods sold. It is profit before ASE Industrial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ASE Industrial Holding. It is also known as ASE Industrial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from ASE Industrial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ASE Industrial Holding current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASE Industrial Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, ASE Industrial's Selling And Marketing Expenses is fairly stable compared to the past year.
 2021 2022 2023 2024 (projected)
Gross Profit110.4B134.9B86.9B48.1B
Total Revenue570.0B670.9B581.9B611.0B

ASE Industrial income statement Correlations

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Click cells to compare fundamentals

ASE Industrial Account Relationship Matchups

ASE Industrial income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization51.2B54.1B75.1B58.6B57.0B30.6B
Interest Expense3.6B2.9B2.3B3.3B6.4B6.7B
Selling General Administrative16.6B18.2B20.8B23.5B26.3B27.6B
Total Revenue413.2B477.0B570.0B670.9B581.9B611.0B
Gross Profit64.3B78.0B110.4B134.9B86.9B48.1B
Other Operating Expenses389.7B442.1B507.9B590.7B540.5B567.5B
Operating Income23.5B34.9B62.1B80.2B41.4B24.1B
Ebit23.5B34.9B62.1B80.2B41.4B43.5B
Research Development18.4B19.3B21.1B24.4B25.5B26.8B
Ebitda74.7B89.0B137.2B138.8B98.4B103.4B
Cost Of Revenue348.9B399.0B459.6B535.9B495.0B519.8B
Total Operating Expenses40.8B43.1B48.2B53.7B45.5B23.6B
Income Before Tax23.4B35.7B80.3B81.6B41.5B24.3B
Total Other Income Expense Net(164M)857M18.2B1.5B56.0M53.2M
Net Income16.9B27.0B60.2B61.5B31.7B18.8B
Income Tax Expense5.3B6.5B14.3B16.4B9.0B9.5B
Net Income Applicable To Common Shares16.8B27.6B63.9B62.1B71.4B75.0B
Minority Interest13.4B15.6B(2.1B)(3.1B)(2.2B)(2.1B)
Selling And Marketing Expenses5.8B5.6B6.4B6.9B8.0B8.4B
Net Income From Continuing Ops18.3B29.3B66.0B65.2B39.7B33.3B
Tax Provision5.3B6.5B14.3B16.4B10.9B9.7B
Net Interest Income(3.7B)(2.9B)(2.3B)(3.3B)(4.5B)(4.8B)
Interest Income111.9M1.2B1.2B69.4M62.5M59.4M
Reconciled Depreciation50.5B51.3B54.5B55.5B57.7B53.6B

Pair Trading with ASE Industrial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ASE Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ASE Industrial will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to ASE Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASE Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ASE Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ASE Industrial Holding to buy it.
The correlation of ASE Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ASE Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASE Industrial Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ASE Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ASE Industrial Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASE Industrial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ase Industrial Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ase Industrial Holding Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASE Industrial Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for ASE Stock analysis

When running ASE Industrial's price analysis, check to measure ASE Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASE Industrial is operating at the current time. Most of ASE Industrial's value examination focuses on studying past and present price action to predict the probability of ASE Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASE Industrial's price. Additionally, you may evaluate how the addition of ASE Industrial to your portfolios can decrease your overall portfolio volatility.
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Is ASE Industrial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASE Industrial. If investors know ASE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASE Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Earnings Share
0.45
Revenue Per Share
270.918
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0367
The market value of ASE Industrial Holding is measured differently than its book value, which is the value of ASE that is recorded on the company's balance sheet. Investors also form their own opinion of ASE Industrial's value that differs from its market value or its book value, called intrinsic value, which is ASE Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASE Industrial's market value can be influenced by many factors that don't directly affect ASE Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASE Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASE Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASE Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.