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ASM Pacific Technology Limited (ASMVF)
OTHER OTC:ASMVF
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Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.04Last Year’s EPS
0.02Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2018
|% Change Since: -9.73%
|Next Earnings Date:Oct 31, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements in TCB orders and gross margin improvements, alongside strategic moves for shareholder value. However, challenges remain with revenue declines and market softness affecting certain segments. Overall, the positives and strategic outlook provide a cautiously optimistic sentiment.Company Guidance
In the third quarter of 2024 earnings call for 522.HK, the management provided guidance for the fourth quarter, projecting revenue between USD 380 million and USD 460 million, reflecting a midpoint decrease of 3.5% year-on-year and 2% quarter-on-quarter. The company highlighted continued strong demand in the Advanced Packaging (AP) segment, particularly Thermal Compression Bonding (TCB) solutions for High Bandwidth Memory (HBM), which they expect to drive future growth. Despite ongoing softness in the Surface Mount Technology (SMT) segment, the company anticipates a bottoming out of bookings. For the SEMI segment, there is optimism about a recovery, albeit slower than anticipated. The company ended Q3 with a backlog of USD 806 million, noting growth in SEMI bookings year-on-year while facing foreign exchange losses impacting net profit. The management remains confident in robust demand trends, particularly driven by AI-related applications, and continues to focus on their broad-based portfolio to mitigate cyclical downturns.Strong TCB Momentum
The company reported strong momentum in its Thermal Compression Bonding (TCB) solutions, particularly for High Bandwidth Memory (HBM). A significant bulk TCB order was received from a leading global HBM player in October, with expectations for continued demand into 2025.
Improved Gross Margin
The group's gross margin improved by 94 basis points quarter-on-quarter and by 683 basis points year-on-year, driven by higher manufacturing utilization due to TCB production ramp.
Positive Book-to-Bill Ratio
The SEMI segment had a book-to-bill ratio of 1.04 in Q3, remaining above 1 since Q1 2024, with SEMI bookings showing a strong year-on-year growth of 40.1%.
AP and Mainstream Business Balance
Advanced Packaging (AP) solutions continue to show robust booking, with strong demand from generative AI and high-performance computing applications helping to mitigate mainstream business weakness.
Strategic Joint Venture Disposal
The group proposed to dispose of a stake in its joint venture, Advanced Assembly Materials International Line (AAMI), potentially creating additional value for shareholders.
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ASMVF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ASMVF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $11.00 | $11.30 | +2.73% |
| Jul 23, 2024 | $14.68 | $14.66 | -0.14% |
| Apr 24, 2024 | $12.20 | $12.98 | +6.39% |
| Feb 26, 2024 | $11.68 | $11.50 | -1.54% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ASM Pacific Technology Limited (ASMVF) report earnings?
ASM Pacific Technology Limited (ASMVF) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is ASM Pacific Technology Limited (ASMVF) earnings time?
ASM Pacific Technology Limited (ASMVF) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ASMVF EPS forecast?
ASMVF EPS forecast for the fiscal quarter 2024 (Q4) is 0.04.
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