TAIPEI, Taiwan, R.O.C.,
Oct. 28, 2021 /PRNewswire/ --
ASE Technology Holding Co., Ltd. (TAIEX: 3711, NYSE: ASX) ("We",
"ASEH", or the "Company"), the leading provider of semiconductor
manufacturing services in assembly and test, today reported
unaudited net revenues[1] of
NT$150,665 million for 3Q21, up
by 22% year-over-year and up by 19% sequentially. Net income
attributable to shareholders of the parent for the quarter totaled
NT$14,176 million, up from a net
income attributable to shareholders of the parent of NT$6,712 million in 3Q20 and up from a net income
attributable to shareholders of the parent of NT$10,338 million in 2Q21. Basic earnings
per share for the quarter were NT$3.29 (or US$0.236 per ADS), compared to NT$1.57 for 3Q20 and NT$2.40 for 2Q21. Diluted earnings per
share for the quarter were NT$3.20
(or US$0.230 per ADS), compared to
NT$1.54 for 3Q20 and NT$2.30 for 2Q21.
RESULTS OF OPERATIONS
3Q21 Results Highlights – Consolidated
- Net revenue contribution from packaging operations, testing
operations, EMS operations and others, each represented
approximately 49%, 9%, 41% and 1%, respectively, of total net
revenues for the quarter.
- Cost of revenue was NT$119,881
million for the quarter, up from NT$102,122 million in 2Q21.
- Raw material cost totaled
NT$73,552 million for the quarter,
representing 49% of total net revenues.
- Labor cost totaled NT$16,955
million for the quarter, representing 11% of total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$12,710 million for the
quarter.
- Gross margin increased 0.9 percentage points to 20.4% in 3Q21
from 19.5% in 2Q21.
- Operating margin was 12.2% in 3Q21, compared to 10.4% in
2Q21.
- In terms of non-operating items:
- Net interest expense was
NT$562 million.
- Net foreign exchange gain of NT$66
million was primarily attributable to the depreciation of
U.S. dollar against New Taiwan dollar.
- Loss on valuation of financial assets and liabilities was
NT$349 million.
- Net gain on equity-method investments was NT$414 million.
- Other net non-operating income of NT$479
million was primarily attributable to miscellaneous
income. Total non-operating income for the quarter was
NT$48 million.
- Income before tax was NT$18,474
million for 3Q21, compared to NT$13,344 million in 2Q21. We recorded
income tax expenses of NT$3,630
million for the quarter, compared to NT$2,648 million in 2Q21.
- In 3Q21, net income attributable to shareholders of the parent
was NT$14,176 million, compared to
NT$6,712 million in 3Q20 and
NT$10,338 million in 2Q21.
- Our total number of shares outstanding at the end of the
quarter was 4,388,414,582, including treasury stock owned by our
subsidiaries. Our 3Q21 basic earnings per share of
NT$3.29 (or US$0.236 per ADS) were based on 4,314,088,250
weighted average numbers of shares outstanding in 3Q21. Our
3Q21 diluted earnings per share of NT$3.20 (or US$0.230 per ADS) were based on 4,370,715,418
weighted average number of shares outstanding in 3Q21.
3Q21 Results Highlights – ATM[2]
- Cost of revenues was NT$65,378
million for the quarter, up by 11% sequentially.
- Raw material cost totaled
NT$24,441 million for the quarter,
representing 27% of total net revenues.
- Labor cost totaled NT$14,512
million for the quarter, representing 16% of total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$11,615 million for the
quarter.
- Gross margin increased 1.8 percentage points to 27.4% in 3Q21
from 25.6% in 2Q21.
- Operating margin was 17.3% in 3Q21, compared to 15.0% in
2Q21.
3Q21 Results Highlights – EMS
- Cost of revenues for the quarter was NT$55,244 million, up by 24% sequentially.
- Raw material cost totaled
NT$48,978 million for the quarter,
representing 80% of total net revenues.
- Labor cost totaled NT$2,337 million
for the quarter, representing 4% of total net revenues.
- Depreciation, amortization and rental expenses totaled
NT$886 million for the quarter.
- Gross margin increased 0.5 percentage points to 9.6% in
3Q21 from 9.1% in 2Q21.
- Operating margin was 4.3% in 3Q21, compared to 2.6% in
2Q21.
LIQUIDITY AND CAPITAL RESOURCES
- Capital expenditures in 3Q21 totaled US$468 million, of which US$294 million were used in packaging operations,
US$101 million in testing operations,
US$60 million in EMS operations and
US$13 million in interconnect
materials operations and others.
- As of September 30, 2021, total
unused credit lines amounted to NT$261,539
million.
- Current ratio was 1.35 and net debt to equity ratio was 0.71 as
of September 30, 2021.
- Total number of employees was 104,471 as of September 30, 2021, compared to 103,164 as of
June 30, 2021.
Business Review
Customers
ATM CONSOLIDATED BASIS
- Our five largest customers together accounted for approximately
44% of our total net revenues in 3Q21, compared
to 43% in 2Q21. Two customers each accounted
for more than 10% of our total net revenues in 3Q21
individually.
- Our top 10 customers contributed 55% of our total net revenues
both in 3Q21 and 2Q21.
- Our customers that are integrated device manufacturers or IDMs
accounted for 31% of our total net revenues both in 3Q21
and 2Q21.
EMS BASIS
- Our five largest customers together accounted for approximately
74% of our total net revenues in 3Q21, compared to 70%
in 2Q21. One customer accounted for more than 10%
of our total net revenues in 3Q21.
- Our top 10 customers contributed 81% of our total net revenues
in 3Q21, compared to 78% in 2Q21.
About ASE Technology Holding Co., Ltd.
ASEH is the leading provider of semiconductor
manufacturing services in assembly and test. The Company
develops and offers complete turnkey solutions covering front-end
engineering test, wafer probing and final test, as well as IC
packaging, materials and electronic manufacturing services through
USI with superior technologies, breakthrough
innovations, and advanced development programs.
With advanced technological capabilities and a global presence
spanning Taiwan, China, South
Korea, Japan, Singapore, Malaysia and Mexico as well as the United States and Europe, ASEH has established a reputation for
reliable, high quality products and services. For more
information, please visit our website at
https://www.aseglobal.com.
Safe Harbor Notice
This press release contains "forward-looking statements"
within the meaning of Section 27A of the United States Securities
Act of 1933, as amended, and Section 21E of the United States
Securities Exchange Act of 1934, as amended. Although these
forward-looking statements, which may include statements regarding
our future results of operations, financial condition or business
prospects, are based on our own information and information from
other sources we believe to be reliable, you should not place undue
reliance on these forward-looking statements, which apply only as
of the date of this presentation. The words "anticipate,"
"believe," "estimate," "expect," "intend," "plan" and similar
expressions, as they relate to us, are intended to identify these
forward-looking statements in this presentation. These
forward-looking statements are necessarily estimates reflecting the
best judgment of our senior management and our actual results of
operations, financial condition or business prospects may differ
materially from those expressed or implied by the forward-looking
statements for reasons including, among others, risks associated
with cyclicality and market conditions in the semiconductor or
electronic industry; changes in our regulatory environment,
including our ability to comply with new or stricter environmental
regulations and to resolve environmental liabilities; demand for
the outsourced semiconductor packaging, testing and electronic
manufacturing services we offer and for such outsourced services
generally; the highly competitive semiconductor or manufacturing
industry we are involved in; our ability to introduce new
technologies in order to remain competitive; international business
activities; our business strategy; our future expansion plans and
capital expenditures; the strained relationship between the
Republic of China and the People's Republic of China; general
economic and political conditions; the recent shift in United States trade policies; possible
disruptions in commercial activities caused by natural or
human-induced disasters; fluctuations in foreign currency exchange
rates; and other factors. For a discussion of these risks and
other factors, please see the documents we file from time to time
with the Securities and Exchange Commission, including the 2020
Annual Report on Form 20-F filed on April 6,
2021.
Supplemental Financial Information
Consolidated Operations
|
3Q/21
|
2Q/21
|
3Q/20
|
EBITDA (NT$
Millions)
|
32,655
|
27,350
|
23,230
|
ATM Consolidated Operations
|
3Q/21
|
2Q/21
|
3Q/20
|
Net Revenues (NT$
Millions)
|
90,092
|
78,988
|
71,820
|
Revenues by
Application
|
|
|
|
Communication
|
51%
|
50%
|
53%
|
Computing
|
15%
|
14%
|
14%
|
Automotive, Consumer
& Others
|
34%
|
36%
|
33%
|
Revenues by
Type
|
|
|
|
Bumping, Flip Chip,
WLP & SiP
|
36%
|
33%
|
37%
|
Wirebonding
|
39%
|
42%
|
37%
|
Discrete and
Others
|
8%
|
8%
|
8%
|
Testing
|
15%
|
15%
|
17%
|
Material
|
2%
|
2%
|
1%
|
Capacity &
EBITDA
|
|
|
|
CapEx (US$
Millions)*
|
407
|
570
|
362
|
EBITDA (NT$
Millions)
|
28,588
|
24,671
|
19,775
|
Number of
Wirebonders
|
29,943
|
29,056
|
25,117
|
Number of
Testers
|
6,149
|
6,001
|
5,715
|
EMS Operations
|
3Q/21
|
2Q/21
|
3Q/20
|
Net Revenues (NT$
Millions)
|
61,127
|
49,154
|
53,137
|
Revenues by End
Application
|
|
|
|
Communication
|
38%
|
39%
|
40%
|
Computing &
Storage
|
10%
|
10%
|
6%
|
Consumer
|
33%
|
28%
|
40%
|
Industrial
|
12%
|
16%
|
9%
|
Automotive
|
5%
|
5%
|
4%
|
Others
|
2%
|
2%
|
1%
|
Capacity
|
|
|
|
CapEx (US$
Millions)*
|
60
|
39
|
52
|
* Capital expenditure excludes building construction
costs.
ASE Technology Holding Co.,
Ltd.
Summary of Consolidated Statement of Comprehensive
Income Data
(In NT$ millions, except per share
data)
(Unaudited)
|
For the three months
ended
|
|
For the nine months
ended
|
|
Sep. 30
2021
|
|
Jun. 30
2021
|
|
Sep. 30
2020
|
|
Sep. 30
2021
|
|
Sep. 30
2020
|
|
Net
revenues:
|
|
|
|
|
|
|
|
|
|
|
Packaging
|
73,996
|
|
64,149
|
|
56,172
|
|
197,178
|
|
161,407
|
|
Testing
|
13,416
|
|
11,676
|
|
12,351
|
|
36,222
|
|
36,604
|
|
EMS
|
61,116
|
|
49,147
|
|
53,126
|
|
157,947
|
|
125,550
|
|
Others
|
2,137
|
|
1,954
|
|
1,546
|
|
5,714
|
|
4,540
|
|
Total net
revenues
|
150,665
|
|
126,926
|
|
123,195
|
|
397,061
|
|
328,101
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(119,881)
|
|
(102,122)
|
|
(103,475)
|
|
(319,586)
|
|
(273,416)
|
|
Gross
profit
|
30,784
|
|
24,804
|
|
19,720
|
|
77,475
|
|
54,685
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses:
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(5,495)
|
|
(5,076)
|
|
(4,926)
|
|
(15,340)
|
|
(14,372)
|
|
Selling, general and
administrative
|
(6,863)
|
|
(6,554)
|
|
(5,653)
|
|
(19,626)
|
|
(16,682)
|
|
Total operating
expenses
|
(12,358)
|
|
(11,630)
|
|
(10,579)
|
|
(34,966)
|
|
(31,054)
|
|
Operating
income
|
18,426
|
|
13,174
|
|
9,141
|
|
42,509
|
|
23,631
|
|
|
|
|
|
|
|
|
|
|
|
|
Net non-operating
(expenses) income:
|
|
|
|
|
|
|
|
|
|
|
Interest expense -
net
|
(562)
|
|
(569)
|
|
(660)
|
|
(1,703)
|
|
(2,324)
|
|
Foreign exchange gain
(loss)
|
66
|
|
1,057
|
|
561
|
|
899
|
|
955
|
|
Gain (loss) on
valuation of financial assets and liabilities
|
(349)
|
|
(1,050)
|
|
(406)
|
|
(1,008)
|
|
(237)
|
|
Gain (loss) on
equity-method investments
|
414
|
|
219
|
|
277
|
|
782
|
|
343
|
|
Others
|
479
|
|
513
|
|
101
|
|
1,520
|
|
762
|
|
Total non-operating
income (expenses)
|
48
|
|
170
|
|
(127)
|
|
490
|
|
(501)
|
|
Income before
tax
|
18,474
|
|
13,344
|
|
9,014
|
|
42,999
|
|
23,130
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax
expense
|
(3,630)
|
|
(2,648)
|
|
(1,797)
|
|
(8,729)
|
|
(4,618)
|
|
Income from
continuing operations and
before non-controlling
interest
|
14,844
|
|
10,696
|
|
7,217
|
|
34,270
|
|
18,512
|
|
Non-controlling
interest
|
(668)
|
|
(358)
|
|
(505)
|
|
(1,278)
|
|
(964)
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income
attributable to
shareholders of the
parent
|
14,176
|
|
10,338
|
|
6,712
|
|
32,992
|
|
17,548
|
|
|
|
|
|
|
|
|
|
|
|
|
Per share
data:
|
|
|
|
|
|
|
|
|
|
|
Earnings (losses) per
share
|
|
|
|
|
|
|
|
|
|
|
– Basic
|
NT$3.29
|
|
NT$2.40
|
|
NT$1.57
|
|
NT$7.66
|
|
NT$4.12
|
|
– Diluted
|
NT$3.20
|
|
NT$2.30
|
|
NT$1.54
|
|
NT$7.43
|
|
NT$4.01
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings (losses) per
equivalent ADS
|
|
|
|
|
|
|
|
|
|
|
– Basic
|
US$0.236
|
|
US$0.171
|
|
US$0.107
|
|
US$0.546
|
|
US$0.276
|
|
– Diluted
|
US$0.230
|
|
US$0.164
|
|
US$0.105
|
|
US$0.530
|
|
US$0.269
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of weighted
average shares used in
diluted EPS calculation
(in thousands)
|
4,370,715
|
|
4,362,634
|
|
4,281,115
|
|
4,370,312
|
|
4,284,010
|
|
|
|
|
|
|
|
|
|
|
|
|
FX
(NTD/USD)
|
27.79
|
|
28.03
|
|
29.46
|
|
28.04
|
|
29.80
|
|
ASE Technology Holding Co.,
Ltd.
Summary of Consolidated Statement of Comprehensive
Income Data – ATM
(In NT$ millions, except per
share data)
(Unaudited)
|
For the three months
ended
|
|
For the nine months
ended
|
|
Sep. 30
2021
|
|
Jun. 30
2021
|
|
Sep. 30
2020
|
|
Sep. 30
2021
|
|
Sep. 30
2020
|
|
Net
revenues:
|
|
|
|
|
|
|
|
|
|
|
Packaging
|
75,221
|
|
65,936
|
|
58,417
|
|
202,702
|
|
167,749
|
|
Testing
|
13,416
|
|
11,677
|
|
12,351
|
|
36,224
|
|
36,610
|
|
Direct
Material
|
1,429
|
|
1,372
|
|
1,020
|
|
3,845
|
|
3,085
|
|
Others
|
26
|
|
3
|
|
32
|
|
76
|
|
101
|
|
Total net
revenues
|
90,092
|
|
78,988
|
|
71,820
|
|
242,847
|
|
207,545
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(65,378)
|
|
(58,778)
|
|
(57,280)
|
|
(179,916)
|
|
(164,589)
|
|
Gross
profit
|
24,714
|
|
20,210
|
|
14,540
|
|
62,931
|
|
42,956
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses:
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(4,254)
|
|
(3,829)
|
|
(3,827)
|
|
(11,780)
|
|
(11,252)
|
|
Selling, general and
administrative
|
(4,829)
|
|
(4,554)
|
|
(3,904)
|
|
(13,775)
|
|
(12,099)
|
|
Total operating
expenses
|
(9,083)
|
|
(8,383)
|
|
(7,731)
|
|
(25,555)
|
|
(23,351)
|
|
Operating
income
|
15,631
|
|
11,827
|
|
6,809
|
|
37,376
|
|
19,605
|
|
|
|
|
|
|
|
|
|
|
|
|
ASE Technology Holding Co.,
Ltd.
Summary of Consolidated Statement of Comprehensive
Income Data – EMS
(In NT$ millions, except per
share data)
(Unaudited)
|
For the three months
ended
|
|
For the nine months
ended
|
|
Sep. 30
2021
|
|
Jun. 30
2021
|
|
Sep. 30
2020
|
|
Sep. 30
2021
|
|
Sep. 30
2020
|
|
Net
revenues:
|
|
|
|
|
|
|
|
|
|
|
Total net
revenues
|
61,127
|
|
49,154
|
|
53,137
|
|
157,974
|
|
125,573
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(55,244)
|
|
(44,678)
|
|
(47,990)
|
|
(143,604)
|
|
(113,648)
|
|
Gross
profit
|
5,883
|
|
4,476
|
|
5,147
|
|
14,370
|
|
11,925
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses:
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(1,270)
|
|
(1,274)
|
|
(1,126)
|
|
(3,641)
|
|
(3,194)
|
|
Selling, general and
administrative
|
(1,955)
|
|
(1,929)
|
|
(1,695)
|
|
(5,622)
|
|
(4,392)
|
|
Total operating
expenses
|
(3,225)
|
|
(3,203)
|
|
(2,821)
|
|
(9,263)
|
|
(7,586)
|
|
Operating
income
|
2,658
|
|
1,273
|
|
2,326
|
|
5,107
|
|
4,339
|
|
|
|
|
|
|
|
|
|
|
|
|
ASE Technology Holding Co.,
Ltd.
Summary of Consolidated Balance Sheet
Data
(In NT$ millions)
(Unaudited)
|
As of Sep. 30,
2021
|
|
As of Jun. 30,
2021
|
|
|
|
|
|
|
|
|
Current
assets:
|
|
|
|
|
|
|
|
Cash and cash
equivalents
|
|
|
53,419
|
|
|
|
52,987
|
Financial assets –
current
|
|
|
4,133
|
|
|
|
4,492
|
Notes and accounts
receivable
|
|
|
108,156
|
|
|
|
88,644
|
Inventories
|
|
|
77,830
|
|
|
|
75,869
|
Others
|
|
|
16,695
|
|
|
|
15,369
|
Total current
assets
|
|
|
260,233
|
|
|
|
237,361
|
|
|
|
|
|
|
|
|
Financial assets –
non-current & Investments – equity
method
|
|
|
20,915
|
|
|
|
19,982
|
Property plant and
equipment
|
|
|
252,384
|
|
|
|
244,861
|
Right-of-use
assets
|
|
|
10,321
|
|
|
|
9,842
|
Intangible
assets
|
|
|
77,283
|
|
|
|
78,254
|
Others
|
|
|
29,331
|
|
|
|
21,557
|
Total
assets
|
|
|
650,467
|
|
|
|
611,857
|
|
|
|
|
|
|
|
|
Current
liabilities:
|
|
|
|
|
|
|
|
Short-term
borrowings
|
|
|
36,610
|
|
|
|
40,460
|
Current portion of
bonds payable & Current portion of long-term
borrowings
|
|
|
6,539
|
|
|
|
8,563
|
Notes and accounts
payable
|
|
|
83,060
|
|
|
|
70,893
|
Others
|
|
|
66,417
|
|
|
|
62,778
|
Total current
liabilities
|
|
|
192,626
|
|
|
|
182,694
|
|
|
|
|
|
|
|
|
Bonds
payable
|
|
|
48,498
|
|
|
|
48,474
|
Long-term
borrowings[3]
|
|
|
137,015
|
|
|
|
106,124
|
Other
liabilities
|
|
|
21,489
|
|
|
|
20,060
|
Total
liabilities
|
|
|
399,628
|
|
|
|
357,352
|
|
|
|
|
|
|
|
|
Equity attributable
to shareholders of the parent
|
|
|
235,186
|
|
|
|
238,993
|
Non-controlling
interests
|
|
|
15,653
|
|
|
|
15,512
|
Total liabilities
& shareholders' equity
|
|
|
650,467
|
|
|
|
611,857
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
Ratio
|
|
|
1.35
|
|
|
|
1.30
|
Net Debt to Equity
Ratio
|
|
|
0.71
|
|
|
|
0.60
|
ASE Technology Holding Co.,
Ltd.
Summary of Consolidated Cash Flow
Statements
(In NT$
millions)
(Unaudited)
|
|
For the three months
ended
|
|
For the nine months
ended
|
|
|
Sep. 30
|
|
Jun. 30
|
|
Sep. 30
|
|
Sep. 30
|
|
Sep. 30
|
|
|
2021
|
2021
|
2020
|
2021
|
2020
|
Cash Flows from
Operating Activities:
|
|
|
|
|
|
|
|
|
|
|
|
Profit before income
tax
|
|
18,474
|
|
13,344
|
|
9,014
|
|
42,999
|
|
23,130
|
|
Depreciation &
amortization
|
|
13,864
|
|
13,460
|
|
13,022
|
|
40,454
|
|
38,495
|
|
Other operating
activities items
|
|
(17,298)
|
|
(8,573)
|
|
(8,550)
|
|
(34,430)
|
|
(14,686)
|
|
Net cash generated
from operating activities
|
|
15,040
|
|
18,231
|
|
13,486
|
|
49,023
|
|
46,939
|
|
Cash Flows from
Investing Activities:
|
|
|
|
|
|
|
|
|
|
|
|
Net payments for
property, plant and equipment
|
|
(20,294)
|
|
(18,440)
|
|
(12,297)
|
|
(52,787)
|
|
(42,489)
|
|
Other investment
activities items
|
|
(348)
|
|
(1,259)
|
|
(156)
|
|
(1,812)
|
|
1,540
|
|
Net cash used in
investing activities
|
|
(20,642)
|
|
(19,699)
|
|
(12,453)
|
|
(54,599)
|
|
(40,949)
|
|
Cash Flows from
Financing Activities:
|
|
|
|
|
|
|
|
|
|
|
|
Total net proceeds
from (repayment of) borrowings
|
|
25,319
|
|
(16,640)
|
|
12,412
|
|
28,279
|
|
7,401
|
|
Dividends
paid
|
|
(18,083)
|
|
-
|
|
(8,521)
|
|
(18,083)
|
|
(8,521)
|
|
Other financing
activities items
|
|
(854)
|
|
(1,022)
|
|
(5,917)
|
|
(263)
|
|
(6,178)
|
|
Net cash generated
from (used in) financing activities
|
|
6,382
|
|
(17,662)
|
|
(2,026)
|
|
9,933
|
|
(7,298)
|
|
Foreign currency
exchange effect
|
|
(348)
|
|
(1,666)
|
|
243
|
|
(2,476)
|
|
(1,350)
|
|
Net increase
(decrease) in cash and cash equivalents
|
|
432
|
|
(20,796)
|
|
(750)
|
|
1,881
|
|
(2,658)
|
|
Cash and cash
equivalents at the beginning of period
|
|
52,987
|
|
73,783
|
|
58,223
|
|
51,538
|
|
60,131
|
|
Cash and cash
equivalents at the end of period
|
|
53,419
|
|
52,987
|
|
57,473
|
|
53,419
|
|
57,473
|
|
Cash and cash
equivalents in the consolidated balance sheet
|
|
53,419
|
|
52,987
|
|
55,814
|
|
53,419
|
|
55,814
|
|
Cash and cash
equivalents included in disposal groups held for sale
|
|
-
|
|
-
|
|
1,659
|
|
-
|
|
1,659
|
|
[1] All
financial information presented in this press release is unaudited,
consolidated and prepared in accordance with Taiwan-IFRS
(International Financial Reporting Standards as endorsed for use in
the R.O.C.). Such financial information is generated
internally by us and has not been subjected to the same review and
scrutiny, including internal auditing procedures and audit by our
independent auditors, to which we subject our audited consolidated
financial statements, and may vary materially from the audited
consolidated financial information for the same period. Any
evaluation of the financial information presented in this press
release should also take into account our published audited
consolidated financial statements and the notes to those
statements. In addition, the financial information presented
is not necessarily indicative of our results of operations for any
future period.
|
[2] ATM stands
for Semiconductor Assembly, Testing and Material.
|
[3] Long-term
borrowings include long-term loans and bills payable.
|
Investor Relations Contact:
ir@aseglobal.com
Tel: +886.2.6636.5678
http://www.aseglobal.com
View original
content:https://www.prnewswire.com/news-releases/ase-technology-holding-co-ltd-reports-unaudited-consolidated-financial-results-for-the-third-quarter-of-2021-301410615.html
SOURCE ASE Technology Holding Co., Ltd.