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Electronic Technology

Advanced Semiconductor Engineering, Inc.

Company Background

ASE provides integrated circuit packaging and testing services -- the last stage of semiconductor production -- to major global chipmakers including Qualcomm and MediaTek. With its advanced system-in-package technologies, which help clients reduce production costs and time to market, ASE is a global leader in its field and a benefactor of Apple's product ecosystem.


The company was founded in 1984 by brothers Jason and Richard Chang in Kaohsiung, Taiwan's second-largest city. The Changs, guided by their mother, Chang Yao Hong-ing, first made their fortune in Taiwan real estate before venturing into the semiconductor industry.


The family, one of the richest in Taiwan, retains control of the company, with Jason Chang serving as chairman. They also have significant business interests in China, particularly in the property sector.

Business Summary

Advanced Semiconductor Engineering, Inc. engages in the provision of independent semiconductor manufacturing services. Its business activities include the development of turnkey solutions covering IC packaging, design and production of interconnect materials, front-end engineering test, wafer probing and final test, as well as electronic manufacturing services. It also provides integrated solutions for electronics manufacturing services in relation to computers, peripherals, communications, industrial, automotive, and storage and server applications. It operates through the following segments: Packaging, Testing, Electronics Manufacturing Services (EMS), and Other. The company was founded by Chien Shen Chang and Hung Pen Chang on March 23, 1984 and is headquartered in Kaohsiung, Taiwan.

Financial Highlights

Dec 2017 TWDUSD
Gross Profit50,521.20M1,660.64M
Operating income25,340.84M832.95M
Income before tax30,494.88M1,002.37M
Net income22,987.81M755.61M
Diluted EPS5.240.17
Dividends Per Share----
Total Assets363,857.78M12,227.02M
Total liabilities160,070.32M5,378.97M
Total equity190,587.52M6,404.47M
Operating cash flow47,656.84M1,566.48M
Currency in TWDCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 219,862.44M 256,591.44M 283,302.53M 274,884.10M 290,441.20M
Gross Profit 40,765.92M 51,469.01M 47,764.75M 50,865.97M 50,521.20M
Operating income 22,044.32M 29,645.86M 24,884.62M 26,708.50M 25,340.84M
Income before tax 19,330.39M 28,656.93M 24,885.52M 26,512.92M 30,494.88M
Net income 15,689.07M 23,636.52M 19,478.87M 21,680.33M 22,987.81M
EBITDA 47,515.23M 55,996.64M 54,403.28M 56,130.80M 54,423.79M
Diluted EPS 4.04 5.90 4.86 4.72 5.24
Dividends Per Share 2.58 3.99 3.18 2.75 --
Total Assets 286,813.90M 333,984.76M 365,287.55M 357,943.07M 363,857.78M
Total liabilities 159,648.94M 175,546.76M 197,081.69M 188,809.72M 160,070.32M
Total equity 123,020.62M 150,218.90M 156,701.98M 157,141.18M 190,587.52M
Operating cash flow 41,213.01M 45,041.43M 53,385.78M 51,055.75M 47,656.84M
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 7,407.45M 8,467.46M 8,921.77M 8,523.32M 9,546.85M
Gross Profit 1,373.45M 1,698.46M 1,504.20M 1,577.20M 1,660.64M
Operating income 742.70M 978.30M 783.66M 828.14M 832.95M
Income before tax 651.26M 945.67M 783.69M 822.08M 1,002.37M
Net income 528.58M 780.00M 613.42M 672.24M 755.61M
EBITDA 1,600.85M 1,847.87M 1,713.26M 1,740.44M 1,788.92M
Diluted EPS 0.13 0.19 0.15 0.14 0.17
Dividends Per Share 0.04 0.06 0.05 0.04 --
Total Assets 9,623.49M 10,568.46M 11,120.88M 11,106.24M 12,227.02M
Total liabilities 5,356.71M 5,554.92M 5,999.99M 5,858.37M 5,378.97M
Total equity 4,127.72M 4,753.46M 4,770.66M 4,875.76M 6,404.47M
Operating cash flow 1,388.52M 1,486.35M 1,681.22M 1,583.08M 1,566.48M

Valuation Measures

Dec 2017
Operating margin8.72%
Profit margin7.91%

Key executives

  • Chairman & Chief Executive Officer: Chien Shen Chang
  • President & Vice Chairman: Hung Pen Chang
  • Chief Operating Officer, Director & Spokesman: Tien Yu Wu
  • CFO, Director & Deputy Spokesman: Hung Ssu Tung
  • Director & General Manager-Kaohsiung Plant Area: Jui Jung Lo


    Contact Details

    • Website:
    • Address: No. 26 Chingsan Road, Nantze Export Processing Zone, Kaohsiung City, 81170, Taiwan
    • Phone: +886.7.361.7131

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    Last Updated on 30 Apr, 2018

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