ASE Technology Holding Co., Ltd. (ASX) Balance Sheet

NYSE: ASXAssets, liabilities, debt and equity over 10 years.

ASX balance sheet, 2025

December 31, 2025 · New Taiwan dollars

NT$889.33B assets = NT$515.97B liabilities + NT$373.37B equity

What it ownsNT$889.33BCash & ST investments: NT$101.70B (11.4%)NT$101.70BReceivables: NT$125.04B (14.1%)ReceivablesNT$125.04B · 14%Inventory: NT$69.38B (7.8%)Inventory NT$69.38BOther current: NT$17.67B (2.0%)PP&E: NT$433.75B (48.8%)PP&ENT$433.75B · 49%Goodwill & intangibles: NT$116.69B (13.1%)Goodwill & intangiblesNT$116.69B · 13%LT investments: NT$45.68B (5.1%)=How it is financedNT$889.33BCurrent liabilities: NT$244.35B (27.5%)Current liabilitiesNT$244.35B · 27%Long-term debt: NT$221.96B (25.0%)Long-term debtNT$221.96B · 25%Other LT liabilities: NT$49.66B (5.6%)Shareholders’ equity: NT$373.37B (42.0%)Shareholders’ equityNT$373.37B · 42%

Both columns are drawn to the same scale: what ASX owns equals what it owes plus shareholders’ equity. Hover a block for its value.

ASX financial health

Current ratio1.28
Adequate · current assets cover current liabilities 1.28×
Debt / equity0.76
Moderate leverage · NT$0.76 of debt for each $1 of equity
Equity / assets39.0%
Balanced · of assets funded by shareholders
Cash / debt38.5%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles13.1%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

ASX balance sheet trends, 2016–2025

MetricTrendThenLatestChange
Total assetsNT$357.93B2016NT$889.33B2025+10.6%/yr
Total liabilitiesNT$191.09B2016NT$515.97B2025+11.7%/yr
Shareholders’ equityNT$154.84B2016NT$346.90B2025+9.4%/yr
Cash & short-term investmentsNT$42.29B2016NT$101.70B2025+10.2%/yr
Total debtNT$111.07B2016NT$264.10B2025+10.1%/yr
Net cash (debt)−NT$68.78B2016−NT$162.40B2025−NT$93.6B
Working capitalNT$35.82B2016NT$69.45B2025+NT$33.6B
Current ratio1.3320161.282025−0.05
Debt / equity0.7220160.762025+0.04
Shares outstanding2.07B20162.21B2025+0.7%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

ASX assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

ASX liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

ASX debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

ASX balance sheet in New Taiwan dollars

2025202420232022202120202019201820172016
Assets
Cash & short-term investmentsNT$101.70BNT$85.87BNT$71.97BNT$65.60BNT$79.15BNT$56.43BNT$65.02BNT$65.32BNT$51.86BNT$42.29B
Cash & equivalentsNT$92.47BNT$76.49BNT$67.28BNT$58.04BNT$76.07BNT$51.54BNT$60.13BNT$51.52BNT$46.08BNT$38.39B
Short-term investmentsNT$9.49BNT$9.38BNT$4.68BNT$7.56BNT$3.08BNT$4.89BNT$4.89BNT$13.80BNT$5.78BNT$3.90B
ReceivablesNT$125.04BNT$122.69BNT$121.41BNT$114.65BNT$115.46BNT$101.01BNT$78.95BNT$83.97BNT$56.51BNT$52.28B
InventoryNT$69.38BNT$61.18BNT$63.33BNT$92.83BNT$73.25BNT$62.06BNT$45.30BNT$46.69BNT$34.08BNT$45.63B
Other current assetsNT$17.67BNT$5.55BNT$4.97BNT$27.29BNT$24.50BNT$4.58BNT$12.73BNT$5.58BNT$2.48BNT$2.59B
Total current assetsNT$313.80BNT$275.29BNT$261.68BNT$300.37BNT$292.36BNT$224.09BNT$202.00BNT$201.56BNT$144.94BNT$142.79B
Property, plant & equipment (net)NT$433.75BNT$324.38BNT$276.31BNT$279.30BNT$250.55BNT$243.11BNT$241.88BNT$214.59BNT$135.17BNT$143.88B
Goodwill & intangible assetsNT$116.69BNT$68.21BNT$70.24BNT$125.15BNT$128.05BNT$80.42BNT$128.77BNT$80.87BNT$11.34BNT$12.11B
Long-term investmentsNT$45.68BNT$41.52BNT$29.45BNT$22.91BNT$23.26BNT$17.04BNT$15.58BNT$12.59BNT$51.05BNT$52.18B
Other non-current assetsNT$0NT$31.66BNT$29.71BNT$0NT$0NT$19.50BNT$0NT$24.45BNT$21.43BNT$6.97B
Total assetsNT$889.33BNT$741.06BNT$667.39BNT$707.07BNT$672.93BNT$584.15BNT$556.65BNT$534.06BNT$363.92BNT$357.93B
Liabilities
Accounts payableNT$88.75BNT$78.22BNT$70.33BNT$79.00BNT$84.47BNT$73.27BNT$56.07BNT$56.88BNT$41.67BNT$35.80B
Short-term debtNT$50.02BNT$54.86BNT$70.20BNT$56.77BNT$55.47BNT$41.32BNT$42.70BNT$54.04BNT$32.39BNT$37.18B
Deferred revenue——NT$6.34B——————NT$60.5M
Total current liabilitiesNT$244.35BNT$234.42BNT$225.97BNT$222.26BNT$210.93BNT$174.59BNT$152.26BNT$158.63BNT$108.38BNT$106.97B
Long-term debtNT$221.96BNT$146.55BNT$109.01BNT$144.53BNT$166.12BNT$156.61BNT$177.41BNT$144.11BNT$44.13BNT$0
Lease obligationsNT$8.85BNT$7.81BNT$8.22BNT$7.71BNT$7.40BNT$5.88BNT$5.81BNT$0NT$0NT$0
Other long-term liabilitiesNT$49.66BNT$17.81BNT$17.66BNT$20.35BNT$21.25BNT$21.21BNT$12.63BNT$12.30BNT$10.11BNT$84.12B
Total liabilitiesNT$515.97BNT$398.79BNT$352.64BNT$387.14BNT$398.30BNT$352.42BNT$342.31BNT$315.03BNT$162.61BNT$191.09B
Shareholders' equity
Common stock & paid-in capitalNT$346.90BNT$44.15BNT$43.85BNT$43.68BNT$44.09BNT$43.52BNT$43.31BNT$43.22BNT$87.38BNT$79.57B
Retained earnings (deficit)NT$112.30BNT$96.64BNT$89.98BNT$91.56BNT$69.71BNT$30.08BNT$21.03BNT$20.40BNT$53.60BNT$44.19B
Treasury stock————−NT$7.49B−NT$1.96B−NT$1.96B−NT$1.96B−NT$7.29BNT$0
Accumulated other comprehensive income—NT$24.61BNT$21.54BNT$22.95BNT$15.87BNT$14.75BNT$9.11BNT$3.35BNT$20.12BNT$17.95B
Minority interestNT$26.45BNT$22.24BNT$20.27BNT$18.61B——NT$0NT$0NT$0NT$0
Total shareholders' equityNT$346.90BNT$320.03BNT$294.48BNT$319.93BNT$274.63BNT$216.12BNT$214.35BNT$201.39BNT$188.12BNT$154.84B
Key figures
Total debtNT$264.10BNT$201.41BNT$179.22BNT$201.30BNT$221.59BNT$197.93BNT$220.12BNT$198.15BNT$76.51BNT$111.07B
Net cash (debt)−NT$162.40B−NT$115.54B−NT$107.25B−NT$135.70B−NT$142.44B−NT$141.50B−NT$155.09B−NT$132.83B−NT$24.65B−NT$68.78B
Working capitalNT$69.45BNT$40.86BNT$35.71BNT$78.11BNT$81.43BNT$49.49BNT$49.74BNT$42.93BNT$36.56BNT$35.82B
Tangible book valueNT$230.21BNT$251.81BNT$224.24BNT$194.78BNT$146.58BNT$135.69BNT$85.58BNT$120.52BNT$176.78BNT$142.73B
Shares outstanding2.21B2.20B2.17B4.32B4.37B2.14B4.26B2.13B2.09B2.07B
Current ratio1.281.171.161.351.391.281.331.271.341.33
Quick ratio0.930.890.860.810.920.900.950.941.000.88
Debt / equity0.760.630.610.630.810.921.030.980.410.72
Equity / assets39.0%43.2%44.1%45.2%40.8%37.0%38.5%37.7%51.7%43.3%

Quarterly columns are labeled by the month the quarter ended. Figures in New Taiwan dollars as reported (latest annual report filed April 1, 2026); data from EODHD.

ASX financial position

At the end of fiscal 2025 (December 31, 2025), ASE Technology had total assets of NT$889.3 billion (up 20.0% from a year earlier), total liabilities of NT$516.0 billion and shareholders' equity of NT$346.9 billion. It held NT$101.7 billion in cash and short-term investments against NT$264.1 billion of debt, net debt of NT$162.4 billion. Its current ratio was 1.28. In the latest quarter (ended June 30, 2026) total assets were NT$1.07 trillion and equity NT$389.2 billion.

Related: ASX income statement, ASX cash flow statement, ASX key metrics. See the ASX stock overview for the latest quote and news.

ASX balance sheet FAQ

What are ASE Technology's total assets?

ASE Technology reported total assets of NT$889.3 billion at the end of fiscal 2025 (December 31, 2025), compared with NT$741.1 billion a year earlier.

How much debt does ASE Technology have?

ASE Technology had NT$264.1 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.76.

How much cash does ASE Technology have?

ASE Technology held NT$101.7 billion in cash and short-term investments at the end of fiscal 2025; with NT$264.1 billion of debt that is net debt of NT$162.4 billion.

What is ASE Technology's book value?

ASE Technology's shareholders' equity (book value) was NT$346.9 billion at the end of fiscal 2025.

What is ASE Technology's current ratio?

ASE Technology had current assets of NT$313.8 billion and current liabilities of NT$244.3 billion, a current ratio of 1.28 (it can cover its short-term obligations).

How much goodwill does ASE Technology have?

ASE Technology carried NT$116.7 billion of goodwill and intangible assets, 13.1% of total assets, at the end of fiscal 2025.

Semiconductors: balance sheet