ASM Pacific Technology (0522) AI Stock Analysis

• Market Cap: $35.04B
• Dividend Yield: 0.54%
• Average Volume (3M): 3.31M
• Price to Earnings (P/E): 143.0
• Beta (1Y): 0.78
• Revenue Growth: -0.64%
• EPS Growth: -39.74%
• Country: HK
• Employees: 10,600
• Sector: Technology
• Sector Strength: 88
• Industry: Semiconductors
• EPS (TTM): 0.24
• Shares Outstanding: 416,458,620
• 10 Day Avg. Volume: 4,274,362
• 30 Day Avg. Volume: 3,308,162
• PEG Ratio: -1.73
• Price to Book (P/B): 2.04
• Price to Sales (P/S): 2.35
• P/FCF Ratio: 54.81
• Enterprise Value/Market Cap: 0.68
• Enterprise Value/Revenue: 1.45
• Enterprise Value/Gross Profit: 3.62
• Enterprise Value/Ebitda: 17.05
• 1Y Price Target: $99.27
• Price Target Upside: 13.78% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 64 Neutral
• Price Target: HK$92.00 ▲(5.44% Upside)

ASM Pacific Technology's overall stock score is driven by strong technical analysis and positive earnings call insights, highlighting growth potential in AI-driven segments. However, financial performance concerns, particularly in profitability and cash flow, along with high valuation metrics, weigh down the score.

Positive Factors

Advanced Packaging Growth

The growth in the Advanced Packaging segment, driven by demand for TCB tools, highlights the company's strong position in a key growth area, supporting long-term revenue potential.

Strong Bookings Growth

Consistent growth in bookings indicates robust demand and effective market penetration, ensuring a steady revenue stream and reinforcing market leadership.

Technological Leadership in AI

Leadership in AI-driven technologies positions the company to capitalize on industry trends, enhancing competitive advantage and long-term growth prospects.

Negative Factors

Declining Profit Margins

The decline in net profit margins suggests challenges in cost management and pricing power, potentially impacting long-term profitability and shareholder returns.

Cash Flow Challenges

Reduced free cash flow limits the company's ability to fund operations and growth internally, potentially constraining future investments and financial flexibility.

Revenue Decline in SMT Segment

The decline in the SMT segment indicates potential demand issues or competitive pressures, which could affect overall revenue growth and market position.

ASM Pacific Technology Business Overview & Revenue Model

Company Description

ASM Pacific Technology Limited (ASMPT) is a leading provider of equipment and materials used in the semiconductor and electronics industries. The company specializes in the development and manufacturing of advanced packaging solutions, assembly equipment, and materials for semiconductor manufacturing, as well as providing innovative technologies for the production of electronic devices. ASMPT operates primarily in the Asia-Pacific region, serving a global customer base that includes major semiconductor manufacturers and electronics companies.

How the Company Makes Money

ASM Pacific Technology generates revenue primarily through the sale of its semiconductor and electronics assembly equipment, which includes products such as die bonding machines, wire bonding equipment, and advanced packaging solutions. Key revenue streams include direct sales of equipment, service agreements for maintenance and support, and the sale of consumables and materials used in the manufacturing processes. The company also benefits from long-term partnerships with major semiconductor manufacturers, which provide a steady stream of orders and contribute to its market presence. Additionally, ASMPT invests in research and development to innovate new technologies, ensuring its products meet the evolving needs of the industry, thus enhancing its competitive edge and revenue potential.

ASM Pacific Technology Financial Statement Overview

Summary

ASM Pacific Technology shows mixed financial performance. The income statement reveals declining profitability and revenue, indicating operational challenges. The balance sheet is robust with low debt, reflecting a conservative financial strategy. However, cash flow issues, particularly the sharp decline in free cash flow, suggest potential constraints on future growth and investment.

Income Statement

The company's gross profit margin has remained stable, indicating consistent profitability from its core operations. However, the net profit margin has significantly declined over the past year from 4.87% to 2.61%, suggesting challenges in converting revenue into net income. Revenue growth has been negative, with a decline of approximately 9.99% from the previous year, indicating potential demand issues or competitive pressures. The absence of EBIT in the latest year raises concerns about operational efficiency.

Balance Sheet

The balance sheet reflects a solid equity base with a debt-to-equity ratio of 0.30, indicating low financial leverage. The equity ratio is strong at 64.15%, suggesting a conservative capital structure and financial stability. Return on equity has decreased to 2.27%, showing reduced effectiveness in generating returns for shareholders. Despite these challenges, the company maintains a healthy asset structure.

Cash Flow

The free cash flow has substantially decreased, with a negative growth rate of -70.10%, impacting the company's ability to fund operations and growth from internal resources. The operating cash flow to net income ratio is favorable at 2.96, indicating strong cash generation relative to net income. However, the reduced free cash flow to net income ratio of 1.64 highlights potential inefficiencies in capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	16.40B	13.23B	14.70B	19.36B	21.95B	14.70B
Gross Profit	6.54B	5.29B	5.77B	7.97B	8.91B	5.08B
EBITDA	1.39B	1.39B	1.93B	4.10B	4.79B	1.81B
Net Income	328.79M	345.26M	715.35M	2.62B	3.17B	1.62B
Balance Sheet
Total Assets	25.40B	23.67B	23.96B	24.78B	26.50B	23.16B
Cash, Cash Equivalents and Short-Term Investments	5.00B	5.10B	4.80B	4.41B	4.88B	4.46B
Total Debt	4.62B	4.56B	4.03B	3.76B	4.24B	4.57B
Total Liabilities	8.98B	8.38B	8.16B	8.92B	11.09B	9.97B
Stockholders Equity	16.31B	15.19B	15.69B	15.74B	15.28B	13.17B
Cash Flow
Free Cash Flow	-341.43M	566.24M	1.89B	2.45B	2.19B	2.23B
Operating Cash Flow	-10.40M	1.02B	2.35B	2.94B	2.54B	2.68B
Investing Cash Flow	-555.97M	-607.26M	-607.42M	-598.84M	-518.73M	311.84M
Financing Cash Flow	-344.07M	-234.63M	-1.62B	-2.55B	-1.72B	-969.35M

ASM Pacific Technology Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 87.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0522, the sentiment is Positive. The current price of 87.25 is above the 20-day moving average (MA) of 87.14, above the 50-day MA of 78.02, and above the 200-day MA of 65.08, indicating a bullish trend. The MACD of 2.84 indicates Positive momentum. The RSI at 53.83 is Neutral, neither overbought nor oversold. The STOCH value of 70.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0522.

ASM Pacific Technology Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0522	―	$35.04B	143.00	1.55%	0.54%	-0.64%	-39.74%
1385	―	$44.97B	72.21	7.18%	0.20%	2.61%	-32.82%
0085	―	HK$3.21B	7.70	17.96%	5.81%	-18.35%	-6.00%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
2878	―	€1.25B	24.15	4.98%	―	-25.16%	-51.97%
1347	―	HK$166.11B	684.39	0.44%	0.19%	10.75%	-68.85%
8490	―	HK$95.95M	―	-41.46%	―	-26.02%	-4977.27%

ASM Pacific Technology Corporate Events

ASM Pacific Technology Reports Strong Q3 2025 Results Driven by AI Momentum

ASM Pacific Technology reported its unaudited results for the third quarter of 2025, showing a revenue increase of 7.6% quarter-on-quarter and 9.5% year-on-year, driven by strong momentum in AI adoption. Despite a consolidated net loss, the company achieved an adjusted net profit of HK$101.9 million, reflecting a significant year-on-year increase. The company’s advanced packaging solutions, particularly in TCB for memory and logic, have secured recurring orders, underscoring its technological leadership and positioning it well for future growth in the semiconductor industry.

The most recent analyst rating on (HK:0522) stock is a Hold with a HK$92.00 price target. To see the full list of analyst forecasts on ASM Pacific Technology stock, see the HK:0522 Stock Forecast page.

ASMPT Limited Reports Strong AI-Driven Momentum in Q3 2025 Results

ASMPT Limited has announced its 2025 third-quarter results, showcasing strong momentum driven by AI technologies. The company reported a profitable quarter on an adjusted basis, with notable growth in bookings and revenue, despite a decline in gross and operating profits. The SMT segment showed recovery, and the company provided optimistic revenue guidance for the fourth quarter, indicating a positive outlook for stakeholders.

The most recent analyst rating on (HK:0522) stock is a Hold with a HK$92.00 price target. To see the full list of analyst forecasts on ASM Pacific Technology stock, see the HK:0522 Stock Forecast page.

ASM Pacific Technology Schedules Board Meeting for Financial Results Announcement

ASM Pacific Technology has announced a board meeting scheduled for October 28, 2025, to discuss and approve the unaudited consolidated financial results for the nine months ending September 30, 2025. This announcement is significant as it will provide stakeholders with insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and investor confidence.

The most recent analyst rating on (HK:0522) stock is a Buy with a HK$125.00 price target. To see the full list of analyst forecasts on ASM Pacific Technology stock, see the HK:0522 Stock Forecast page.

ASMPT Limited to Liquidate Subsidiary for Strategic Supply Chain Optimization

ASMPT Limited has announced the voluntary liquidation of its wholly-owned subsidiary, ASMPT Equipment (Shenzhen) Co., Ltd., as part of a strategic move to optimize its global supply chain. This decision, affecting approximately 950 staff, is expected to enhance the company’s cost competitiveness and operational efficiency, with estimated annual savings of RMB115 million, despite incurring one-off restructuring costs of RMB360 million.

The most recent analyst rating on (HK:0522) stock is a Hold with a HK$58.00 price target. To see the full list of analyst forecasts on ASM Pacific Technology stock, see the HK:0522 Stock Forecast page.

ASMPT Optimizes Manufacturing Operations with Shenzhen Closure

ASMPT announced the strategic closure of its Shenzhen facility, affecting approximately 950 employees, as part of an effort to optimize its global manufacturing operations. This move aims to enhance the company’s cost competitiveness, agility, and resilience, while maintaining uninterrupted service and product quality for customers, reflecting its commitment to sustainable growth and operational excellence.

The most recent analyst rating on (HK:0522) stock is a Hold with a HK$58.00 price target. To see the full list of analyst forecasts on ASM Pacific Technology stock, see the HK:0522 Stock Forecast page.

ASMPT Limited Announces Supplemental Agreement for Asset Disposal Transaction

ASMPT Limited has announced a supplemental agreement related to a previously disclosed transaction involving the disposal of assets. The agreement ensures the continuity and stability of the operational management structure of the Target Company for 36 months post-transaction, with no changes to the board of directors or senior management. The transaction’s completion is contingent upon regulatory approval and other conditions, and shareholders are advised to exercise caution.

The most recent analyst rating on (HK:0522) stock is a Hold with a HK$67.00 price target. To see the full list of analyst forecasts on ASM Pacific Technology stock, see the HK:0522 Stock Forecast page.

ASMPT Limited Awards Shares to Employees to Boost Retention and Performance

ASMPT Limited, a company incorporated in the Cayman Islands, has announced the award of 837,500 shares to 15 selected employees under its Employee Share Incentive Scheme. The awarded shares are divided into performance-based and talent retention-based shares, with vesting dates extending to 2028. This initiative aims to align employee interests with the company’s long-term growth and profitability, with performance targets set against industry peers and specific vesting conditions to encourage retention.

The most recent analyst rating on (HK:0522) stock is a Hold with a HK$58.00 price target. To see the full list of analyst forecasts on ASM Pacific Technology stock, see the HK:0522 Stock Forecast page.