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Maker of semiconductor assembly/packaging equipment (wire bonders, die attach) and surface-mount (SMT) equipment for electronics factories.
Maker of semiconductor assembly/packaging equipment (wire bonders, die attach) and surface-mount (SMT) equipment for electronics factories.
Sells machines to chip-packaging houses and electronics makers in lumpy orders tied to their capacity plans, then earns recurring revenue from spare parts, upgrades and service. Its newest tools for stacking chips together for AI are the growth line, while the older wire-bonding business tracks the general chip cycle.
In one line: A smaller Applied Materials/Kulicke & Soffa, focused on back-end packaging.
Moat: narrow (IP / patents, customer qualification, installed base). Long-standing back-end equipment incumbent with deep tool-of-record positions at major OSATs.
Headquarters: Singapore · Founded: 1975 · Employees: 9,000
Size Asmpt (0522.HK) is a Hong Kong Information Technology company (Electronic Production Equipment) with a market value of $5.02B, the 253rd largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$93.90 on 6 Nov 2026.
Performance Over six months the shares fell 46.7%, against -19.7% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue grew 21.4% over the last twelve months (peer median +20.3%); the operating margin is 9.2% (peer median 6.0%).
Valuation It trades at 20.4× forward earnings against a peer median of 20.6× (10th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about 12% a year for seven years (Req g). Recent delivered growth is -1%, so the hurdle is +13 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 1.1 points above its cost of capital (6.9% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$16.1B | HK$13.7B | HK$12.5B | HK$14.7B | HK$19.4B |
| Revenue growth | — | +10% | -15% | -24% | — |
| Gross profit | HK$6.22B | HK$5.08B | HK$4.90B | HK$5.66B | HK$7.91B |
| EBITDA | HK$2.16B | HK$1.32B | HK$1.28B | HK$1.82B | HK$3.97B |
| Net income | HK$1.26B | HK$902M | HK$345M | HK$715M | HK$2.62B |
| Free cash flow | HK$623M | -HK$227M | HK$639M | HK$1.92B | HK$2.40B |
| Capital expenditure | HK$503M | HK$494M | HK$454M | HK$455M | HK$495M |
| Total debt | n/a | HK$4.23B | HK$4.56B | HK$4.03B | HK$3.76B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Asmpt 0522.HK | $5.02B | -47% | +21% | 9% | 20.4× | 12.1% |
| Kulicke and Soffa Industries, I KLIC | $3.35B | -38% | +44% | 13% | 10.9× | 24.4% |
| Applied Materials AMAT | $264B | -24% | +8% | 31% | 18.8× | 25.5% |
| HANMISemi 042700.KS | $11.3B | -56% | -20% | 42% | 54.4× | 41.7% |
| Fuji 6134.T | $2.85B | -23% | +45% | 20% | 9.9× | n/a |
| Shibaura Mechatronics 6590.T | $1.03B | -51% | +1% | 16% | 10.3× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 0522.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -46.2% | -21.4% | 2nd lowest of 21 |
| 6-month return | -46.7% | -19.7% | 4th lowest of 21 |
| Distance from 52-week high | -61.6% | -46.8% | 7th lowest of 21 |
| Revenue growth (TTM) | +21.4% | +20.3% | 10th highest of 21 |
| Operating margin | 9.2% | 6.0% | 8th highest of 21 |
| Forward P/E | 20.4× | 20.6× | 10th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | 12.1% | 14.7% | 5th least demanding of 14 |
| Growth delivered (Del g) | -1.3% | +12.4% | lowest of 14 |
| Hurdle (Req g minus delivered) | +13.4 pp | +3.6 pp | 6th most demanding of 14 |
| ROIC minus cost of capital | +1.1 pp | +0.9 pp | 11th highest of 21 |
| EV / EBITDA | 17.3× | 11.2× | 3rd most expensive of 9 |
| Net debt / EBITDA | -0.9× | -0.0× | 2nd least indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Asmpt 0522.HK | Hong Kong | $5.02B | -47% | +21% | 9% | 20.4× | 12.1% | -1.3% |
| Plexus PLXS | United States | $5.12B | -28% | +23% | 5% | 17.9× | n/a | n/a |
| 3Peak 688536.SS | China | $5.26B | -5% | +74% | 16% | 50.7× | 46.0% | +30.6% |
| Lagercrantz LAGR-B.ST | Sweden | $4.72B | -6% | +17% | 15% | 30.8× | 20.6% | +21.0% |
| Quectel Wireless Solutions 603236.SS | China | $4.71B | +50% | +30% | 5% | 21.1× | n/a | n/a |
| Guangdong Fenghua Advanced Technology (Holding) 000636.SZ | China | $5.42B | +26% | +36% | 8% | 45.0× | 28.6% | +5.9% |
| MDA Space MDA.TO | Canada | $4.65B | -14% | +38% | 5% | 28.1× | n/a | n/a |
| LG Innotek 011070.KS | South Korea | $4.62B | -54% | +20% | 4% | 9.6× | -0.3% | +18.1% |
| Shenzhen Sunlord Electronics 002138.SZ | China | $4.55B | +11% | +20% | 16% | 24.4× | 14.5% | +14.2% |
| AAC Technologies 2018.HK | Hong Kong | $5.60B | -4% | +16% | 8% | 13.8× | 1.2% | +12.4% |
| Guobo Electronics 688375.SS | China | $5.61B | -49% | -12% | 13% | 83.0× | 39.7% | +1.4% |
| JoulWatt Technology 688141.SS | China | $4.44B | -30% | +50% | -28% | n/a | n/a | n/a |
| BYD Electronic 0285.HK | Hong Kong | $6.15B | -24% | +4% | 1% | 19.5× | -0.8% | +18.8% |
| Universal Display OLED | United States | $3.98B | -4% | -2% | 35% | 19.6× | 14.3% | +8.7% |
| Universal Scientific Industrial (Shanghai) 601231.SS | China | $6.50B | -52% | +4% | 3% | 19.6× | n/a | n/a |
| Jones Tech 300684.SZ | China | $3.83B | +20% | +15% | 20% | 45.3× | 42.9% | +9.8% |
| Changsha Jingjia Microelectronics 300474.SZ | China | $3.59B | -30% | +50% | -77% | n/a | n/a | n/a |
| Vishay Intertechnology VSH | United States | $3.57B | -32% | +18% | 5% | 13.2× | 18.8% | +4.2% |
| Fositek 6805.TW | Taiwan | $3.50B | -15% | +46% | 27% | 20.0× | 14.7% | +41.1% |
| Sanmina SANM | United States | $7.22B | -46% | +59% | 5% | 10.7× | 6.8% | +3.2% |
| Olympic Circuit Technology 603920.SS | China | $3.29B | -42% | +21% | 6% | 30.1× | n/a | n/a |