TAIPEI, Taiwan, R.O.C.,
April 28, 2022 /PRNewswire/ -- ASE
Technology Holding Co., Ltd. (TAIEX: 3711, NYSE: ASX) ("We",
"ASEH", or the "Company"), the leading provider of semiconductor
assembly and test services (ATM) and electronic manufacturing
services (EMS), today reported its unaudited net
revenues[1] of
NT$144,391 million for 1Q22, up by
21% year-over-year and down by 17% sequentially (or up by 27%
year-over-year and down by 13% sequentially on pro forma basis).
Net income attributable to shareholders of the parent for the
quarter totaled NT$12,907 million, up
from a net income attributable to shareholders of the parent of
NT$8,477 million in 1Q21 and down
from a net income attributable to shareholders of the parent of
NT$30,916 million in 4Q21 (or up from
a net income attributable to shareholders of the parent of
NT$7,981 million in 1Q21 and down
from a net income attributable to shareholders of the parent of
NT$14,459 million in 4Q21 on pro
forma basis). Basic earnings per share for the quarter were
NT$3.01 (or US$0.216 per ADS), compared to NT$1.97 for 1Q21 and NT$7.20 for 4Q21 (or NT$1.85 for 1Q21 and NT$3.37 for 4Q21 on pro forma basis).
Diluted earnings per share for the quarter were NT$2.92 (or US$0.210 per ADS), compared to NT$1.92 for 1Q21 and NT$6.99 for 4Q21 (or NT$1.80 for 1Q21 and NT$3.21 for 4Q21 on pro forma basis).
We are providing the unaudited pro forma financial information
to aid you in your analysis of the financial aspects of our
disposal of the China Sites in 4Q21. The unaudited pro forma
financial information was based on our historical financial
statements and China sites'
historical financial statements, given effect to the disposal as if
it had occurred for the preceding quarters of 1Q21 and 4Q21. For
more details on our operations, please refer to "Summary of
Consolidated Statement of Income Data" and "Summary of Consolidated
Statement of Income Data – ATM."
RESULTS OF OPERATIONS
1Q22 Results Highlights – Consolidated
- Net revenues contribution from packaging operations, testing
operations, EMS operations and others, each represented
approximately 47%, 9%, 42% and 2%, respectively, of total net
revenues for the quarter.
- Cost of revenues was NT$115,920
million for the quarter, down from NT$140,042 million in 4Q21.
-
- Raw material cost totaled NT$72,117
million for the quarter, representing 50% of total net
revenues.
- Labor cost totaled NT$16,148
million for the quarter, representing 11% of total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$12,318 million for the
quarter.
- Gross margin increased 0.7 percentage points to 19.7% in 1Q22
from 19.0% in 4Q21.
- Operating margin was 11.2% in 1Q22, compared to 11.3% in
4Q21.
- In terms of non-operating items:
-
- Net interest expense was NT$432
million.
- Net foreign exchange loss of NT$1,104
million was primarily attributable to the appreciation of
U.S. dollar against New Taiwan dollar.
- Gain on valuation of financial assets and liabilities was
NT$1,406 million.
- Net gain on equity-method investments was NT$199 million.
- Other net non-operating income of NT$481
million was primarily attributable to miscellaneous
income. Total non-operating income for the quarter was
NT$550 million.
- Income before tax was NT$16,663
million for 1Q22, compared to NT$37,336 million in 4Q21. We recorded
income tax expenses of NT$3,278
million for the quarter, compared to NT$5,592 million in 4Q21.
- In 1Q22, net income attributable to shareholders of the parent
was NT$12,907 million, compared to
NT$8,477 million in 1Q21 and
NT$30,916 million in 4Q21.
- Our total number of shares outstanding at the end of the
quarter was 4,357,508,832, including treasury stock owned by our
subsidiaries in 1Q22. Our 1Q22 basic earnings per share of
NT$3.01 (or US$0.216 per ADS) were based on 4,289,978,359
weighted average numbers of shares outstanding in 1Q22. Our
1Q22 diluted earnings per share of NT$2.92 (or US$0.210 per ADS) were based on 4,341,041,922
weighted average number of shares outstanding in 1Q22.
1Q22 Results Highlights – ATM
- Net revenues were NT$84,025
million, down by 9% sequentially or down by 1% on pro forma basis.
- Cost of revenues was NT$60,924
million for the quarter, down by 8% sequentially.
-
- Raw material cost totaled NT$22,913
million for the quarter, representing 27% of total net
revenues.
- Labor cost totaled NT$13,555
million for the quarter, representing 16% of total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$11,146 million for the
quarter.
- Gross margin decreased 0.5 percentage point to 27.5% in 1Q22
from 28.0% in 4Q21.
- Operating margin was 16.7% in 1Q22, compared to 17.5% in
4Q21.
1Q22 Results Highlights – EMS
- Net revenues were NT$61,166
million, down by 25% sequentially.
- Cost of revenues for the quarter was NT$55,786 million, down by 25% sequentially.
-
- Raw material cost totaled NT$49,100
million for the quarter, representing 80% of total net
revenues.
- Labor cost totaled NT$2,482
million for the quarter, representing 4% of total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$904 million for the quarter.
- Gross margin increased 0.1 percentage points to 8.8% in
1Q22 from 8.7% in 4Q21.
- Operating margin was 3.6% in 1Q22, compared to 4.4% in
4Q21.
LIQUIDITY AND CAPITAL RESOURCES
- Capital expenditures in 1Q22 totaled US$443 million, of which US$311 million were used in packaging operations,
US$96 million in testing operations,
US$26 million in EMS operations and
US$10 million in interconnect
materials operations and others.
- Total unused credit lines amounted to NT$285,878 million as of March 31, 2022.
- Current ratio was 1.22 and net debt to equity ratio was 0.52 as
of March 31, 2022.
- Total number of employees was 95,105 as of March 31, 2022, compared to 95,727 as of
December 31, 2021.
BUSINESS REVIEW
Customers
ATM BASIS
- Our five largest customers together accounted for approximately
47% of our total net revenues in 1Q22, compared
to 45% in 4Q21.
Two customers each accounted for more than 10% of
our total net revenues in 1Q22 individually.
- Our top 10 customers contributed 59% of our total net revenues
in 1Q22, compared to 56% in 4Q21.
- Our customers that are integrated device manufacturers or IDMs
accounted for 29% of our total net revenues in 1Q22, compared
to 31% in 4Q21.
EMS BASIS
- Our five largest customers together accounted for approximately
70% of our total net revenues in 1Q22, compared to 77% in
4Q21. One customer accounted for more than 10% of our total
net revenues in 1Q22.
- Our top 10 customers contributed 79% of our total net revenues
in 1Q22, compared to 84% in 4Q21.
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, Vietnam 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
press release. 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 press release. 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 2021
Annual Report on Form 20-F filed on March
29, 2022.
Supplemental Financial Information
(Unaudited)
Consolidated Operations
|
Legal Entity
Basis
|
Pro forma
Basis
|
|
1Q22
|
4Q21
|
1Q21
|
4Q21
|
1Q21
|
|
EBITDA (NT$
Millions)
|
30,661
|
51,938
|
24,867
|
32,624
|
23,487
|
ATM Operations
|
Legal Entity
Basis
|
Pro forma
Basis
|
|
1Q22
|
4Q21
|
1Q21
|
4Q21
|
1Q21
|
|
Net Revenues (NT$
Millions)
|
84,025
|
91,958
|
73,767
|
85,180
|
68,139
|
|
Revenue by
Application
|
|
|
|
|
|
|
Communication
|
52%
|
50%
|
50%
|
53%
|
53%
|
|
Computing
|
16%
|
16%
|
14%
|
16%
|
14%
|
|
Automotive, Consumer
& Others
|
32%
|
34%
|
36%
|
31%
|
33%
|
|
Revenue by
Type
|
|
|
|
|
|
|
Bumping, Flip Chip, WLP
& SiP
|
43%
|
38%
|
34%
|
40%
|
37%
|
|
Wirebonding
|
34%
|
37%
|
40%
|
36%
|
38%
|
|
Others
|
6%
|
8%
|
9%
|
7%
|
8%
|
|
Testing
|
15%
|
15%
|
15%
|
15%
|
15%
|
|
Material
|
2%
|
2%
|
2%
|
2%
|
2%
|
|
Capacity &
EBITDA
|
|
|
|
|
|
|
CapEx (US$
Millions)*
|
414
|
404
|
460
|
368
|
422
|
|
EBITDA (NT$
Millions)
|
27,116
|
47,090
|
22,566
|
27,776
|
21,185
|
|
Number of
Wirebonders
|
25,858
|
25,803
|
27,574
|
25,803
|
23,426
|
|
Number of
Testers
|
5,012
|
4,890
|
5,862
|
4,890
|
4,447
|
EMS Operations
|
1Q22
|
4Q21
|
1Q21
|
|
Net Revenues (NT$
Millions)
|
61,166
|
81,544
|
47,693
|
|
Revenue by
Application
|
|
|
|
|
Communication
|
40%
|
38%
|
39%
|
|
Computing
|
10%
|
8%
|
7%
|
|
Consumer
|
29%
|
38%
|
33%
|
|
Industrial
|
13%
|
11%
|
14%
|
|
Automotive
|
6%
|
4%
|
5%
|
|
Others
|
2%
|
1%
|
2%
|
|
Capacity
|
|
|
|
|
CapEx (US$
Millions)*
|
26
|
68
|
11
|
* Capital expenditure excludes building construction
costs.
ASE Technology Holding Co.,
Ltd.
Summary of Consolidated Statement of Income
Data
(In NT$ millions, except per share
data)
(Unaudited)
|
Legal Entity
Basis
|
|
Pro Forma
Basis
|
|
For the three months
ended
|
|
For the three months
ended
|
|
Mar. 31
2022
|
|
Dec. 31
2021
|
|
Mar. 31
2021
|
|
Dec. 31
2021
|
|
Mar. 31
2021
|
|
|
Net
revenues:
|
|
|
|
|
|
|
|
|
|
|
|
Packaging
|
68,383
|
|
75,366
|
|
59,033
|
|
69,644
|
|
54,332
|
|
|
Testing
|
12,583
|
|
13,756
|
|
11,130
|
|
12,700
|
|
10,204
|
|
|
EMS
|
61,163
|
|
81,541
|
|
47,684
|
|
81,541
|
|
47,684
|
|
|
Others
|
2,262
|
|
2,273
|
|
1,623
|
|
2,273
|
|
1,623
|
|
|
Total net
revenues
|
144,391
|
|
172,936
|
|
119,470
|
|
166,158
|
|
113,843
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(115,920)
|
|
(140,042)
|
|
(97,584)
|
|
(134,704)
|
|
(92,975)
|
|
|
Gross
profit
|
28,471
|
|
32,894
|
|
21,886
|
|
31,454
|
|
20,868
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses:
|
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(5,362)
|
|
(5,714)
|
|
(4,769)
|
|
(5,475)
|
|
(4,563)
|
|
|
Selling, general and
administrative
|
(6,996)
|
|
(7,565)
|
|
(6,209)
|
|
(7,203)
|
|
(5,900)
|
|
|
Total operating
expenses
|
(12,358)
|
|
(13,279)
|
|
(10,978)
|
|
(12,678)
|
|
(10,463)
|
|
|
Operating
income
|
16,113
|
|
19,615
|
|
10,908
|
|
18,776
|
|
10,405
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net non-operating
(expenses) income:
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense -
net
|
(432)
|
|
(553)
|
|
(572)
|
|
(537)
|
|
(552)
|
|
|
Foreign exchange gain
(loss)
|
(1,104)
|
|
496
|
|
(224)
|
|
525
|
|
(257)
|
|
|
Gain (loss) on
valuation of financial assets and liabilities
|
1,406
|
|
(483)
|
|
391
|
|
(551)
|
|
416
|
|
|
Gain (loss) on
equity-method investments
|
199
|
|
192
|
|
149
|
|
192
|
|
149
|
|
|
Others
|
481
|
|
18,069
|
|
528
|
|
468
|
|
464
|
|
|
Total non-operating
income (expenses)
|
550
|
|
17,721
|
|
272
|
|
97
|
|
220
|
|
|
Income before
tax
|
16,663
|
|
37,336
|
|
11,180
|
|
18,873
|
|
10,625
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax
expense
|
(3,278)
|
|
(5,592)
|
|
(2,451)
|
|
(3,586)
|
|
(2,392)
|
|
|
Income from
continuing operations and before
non-controlling interest
|
13,385
|
|
31,744
|
|
8,729
|
|
15,287
|
|
8,233
|
|
|
Non-controlling
interest
|
(478)
|
|
(828)
|
|
(252)
|
|
(828)
|
|
(252)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income
attributable to shareholders of
the parent
|
12,907
|
|
30,916
|
|
8,477
|
|
14,459
|
|
7,981
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Per share
data:
|
|
|
|
|
|
|
|
|
|
|
|
Earnings (losses) per
share
|
|
|
|
|
|
|
|
|
|
|
|
– Basic
|
NT$3.01
|
|
NT$7.20
|
|
NT$1.97
|
|
NT$3.37
|
|
NT$1.85
|
|
|
– Diluted
|
NT$2.92
|
|
NT$6.99
|
|
NT$1.92
|
|
NT$3.21
|
|
NT$1.80
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings (losses) per
equivalent ADS
|
|
|
|
|
|
|
|
|
|
|
|
– Basic
|
US$0.216
|
|
US$0.518
|
|
US$0.139
|
|
US$0.242
|
|
US$0.131
|
|
|
– Diluted
|
US$0.210
|
|
US$0.504
|
|
US$0.135
|
|
US$0.231
|
|
US$0.127
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of weighted
average shares used in
diluted EPS calculation
(in thousands)
|
4,341,042
|
|
4,343,537
|
|
4,357,714
|
|
4,343,537
|
|
4,357,714
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FX
(NTD/USD)
|
27.85
|
|
27.78
|
|
28.30
|
|
27.78
|
|
28.30
|
|
ASE Technology Holding Co.,
Ltd.
Summary of Consolidated Statement of Income Data –
ATM
(In NT$ millions, except per share
data)
(Unaudited)
|
Legal Entity
Basis
|
|
Pro Forma
Basis
|
|
For the three months
ended
|
|
For the three months
ended
|
|
Mar. 31
2022
|
|
Dec. 31
2021
|
|
Mar. 31
2021
|
|
Dec. 31
2021
|
|
Mar. 31
2021
|
|
|
Net
revenues:
|
|
|
|
|
|
|
|
|
|
|
|
Packaging
|
69,921
|
|
76,664
|
|
61,545
|
|
70,942
|
|
56,844
|
|
|
Testing
|
12,583
|
|
13,756
|
|
11,131
|
|
12,700
|
|
10,204
|
|
|
Direct
Material
|
1,479
|
|
1,502
|
|
1,044
|
|
1,502
|
|
1,044
|
|
|
Others
|
42
|
|
36
|
|
47
|
|
36
|
|
47
|
|
|
Total net
revenues
|
84,025
|
|
91,958
|
|
73,767
|
|
85,180
|
|
68,139
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(60,924)
|
|
(66,217)
|
|
(55,760)
|
|
(60,879)
|
|
(51,150)
|
|
|
Gross
profit
|
23,101
|
|
25,741
|
|
18,007
|
|
24,301
|
|
16,989
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses:
|
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(4,136)
|
|
(4,479)
|
|
(3,697)
|
|
(4,241)
|
|
(3,490)
|
|
|
Selling, general and
administrative
|
(4,953)
|
|
(5,206)
|
|
(4,392)
|
|
(4,844)
|
|
(4,084)
|
|
|
Total operating
expenses
|
(9,089)
|
|
(9,685)
|
|
(8,089)
|
|
(9,085)
|
|
(7,574)
|
|
|
Operating
income
|
14,012
|
|
16,056
|
|
9,918
|
|
15,216
|
|
9,415
|
|
|
|
|
|
|
|
|
|
|
|
|
ASE Technology Holding Co.,
Ltd.
Summary of Consolidated Statement of Income Data –
EMS
(In NT$ millions, except per share
data)
(Unaudited)
|
For the three months
ended
|
|
|
Mar. 31
2022
|
|
Dec. 31
2021
|
|
Mar. 31
2021
|
|
|
|
|
|
|
|
|
|
Net
revenues
|
61,166
|
|
81,544
|
|
47,693
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(55,786)
|
|
(74,436)
|
|
(43,682)
|
|
|
Gross
profit
|
5,380
|
|
7,108
|
|
4,011
|
|
|
|
|
|
|
|
|
|
Operating
expenses:
|
|
|
|
|
|
|
|
Research and
development
|
(1,249)
|
|
(1,256)
|
|
(1,097)
|
|
|
Selling, general and
administrative
|
(1,931)
|
|
(2,253)
|
|
(1,738)
|
|
|
Total operating
expenses
|
(3,180)
|
|
(3,509)
|
|
(2,835)
|
|
|
Operating
income
|
2,200
|
|
3,599
|
|
1,176
|
|
|
|
|
|
|
|
|
ASE Technology Holding Co., Ltd.
Summary of Consolidated Balance Sheet Data
(In NT$ millions)
(Unaudited)
|
As of Mar. 31,
2022
|
|
As of Dec. 31,
2021
|
|
|
|
|
|
|
|
|
|
Current
assets:
|
|
|
|
|
|
|
|
|
Cash and cash
equivalents
|
|
|
84,426
|
|
|
|
76,073
|
|
Financial assets –
current
|
|
|
4,698
|
|
|
|
3,075
|
|
Notes and accounts
receivable
|
|
|
106,560
|
|
|
|
115,462
|
|
Inventories
|
|
|
86,201
|
|
|
|
73,245
|
|
Others
|
|
|
25,155
|
|
|
|
24,503
|
|
Total current
assets
|
|
|
307,040
|
|
|
|
292,358
|
|
|
|
|
|
|
|
|
|
Financial assets –
non-current & Investments – equity method
|
|
|
23,202
|
|
|
|
23,260
|
|
Property, plant and
equipment
|
|
|
247,541
|
|
|
|
239,867
|
|
Right-of-use
assets
|
|
|
10,915
|
|
|
|
10,680
|
|
Intangible
assets
|
|
|
75,236
|
|
|
|
75,980
|
|
Others
|
|
|
32,214
|
|
|
|
30,789
|
|
Total
assets
|
|
|
696,148
|
|
|
|
672,934
|
|
|
|
|
|
|
|
|
|
Current
liabilities:
|
|
|
|
|
|
|
|
|
Short-term
borrowings
|
|
|
49,990
|
|
|
|
41,037
|
|
Current portion of
bonds payable & Current portion of long-term
borrowings
|
|
|
10,825
|
|
|
|
14,429
|
|
Notes and accounts
payable
|
|
|
83,898
|
|
|
|
84,470
|
|
Others
|
|
|
106,013
|
|
|
|
70,992
|
|
Total current
liabilities
|
|
|
250,726
|
|
|
|
210,928
|
|
|
|
|
|
|
|
|
|
Bonds
payable
|
|
|
40,521
|
|
|
|
42,365
|
|
Long-term
borrowings[2]
|
|
|
116,386
|
|
|
|
121,946
|
|
Other
liabilities
|
|
|
24,755
|
|
|
|
23,062
|
|
Total
liabilities
|
|
|
432,388
|
|
|
|
398,301
|
|
|
|
|
|
|
|
|
|
Equity attributable
to shareholders of the parent
|
|
|
248,373
|
|
|
|
260,077
|
|
Non-controlling
interests
|
|
|
15,387
|
|
|
|
14,556
|
|
Total liabilities
& shareholders' equity
|
|
|
696,148
|
|
|
|
672,934
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
Ratio
|
|
|
1.22
|
|
|
|
1.39
|
|
Net Debt to Equity
Ratio
|
|
|
0.52
|
|
|
|
0.54
|
ASE Technology
Holding Co., Ltd.
Summary of Consolidated Cash Flow
Statements
(In NT$ millions)
(Unaudited)
|
|
For the three
months ended
|
|
|
|
|
Mar. 31
|
|
Dec. 31
|
|
Mar. 31
|
|
|
|
2022
|
2021
|
2021
|
|
Cash Flows from
Operating Activities:
|
|
|
|
|
|
|
|
|
|
Income before
tax
|
|
16,663
|
|
37,336
|
|
11,180
|
|
|
|
Depreciation &
amortization
|
|
13,503
|
|
14,070
|
|
13,130
|
|
|
|
Other operating
activities items
|
|
(2,986)
|
|
(18,488)
|
|
(8,559)
|
|
|
|
Net cash generated
from operating activities
|
|
27,180
|
|
32,918
|
|
15,751
|
|
|
|
Cash Flows from
Investing Activities:
|
|
|
|
|
|
|
|
|
|
Net payments for property,
plant and equipment
|
|
(17,182)
|
|
(16,513)
|
|
(14,053)
|
|
|
|
Other investment
activities items
|
|
(753)
|
|
21,812
|
|
(205)
|
|
|
|
Net cash generated
from (used in) investing activities
|
|
(17,935)
|
|
5,299
|
|
(14,258)
|
|
|
|
Cash Flows from
Financing Activities:
|
|
|
|
|
|
|
|
|
|
Net proceeds from
(repayment of) loans
|
|
(5,310)
|
|
(5,936)
|
|
19,600
|
|
|
|
Other financing
activities items
|
|
(269)
|
|
(9,868)
|
|
1,613
|
|
|
|
Net cash generated
from (used in) financing activities
|
|
(5,579)
|
|
(15,804)
|
|
21,213
|
|
|
|
Foreign currency
exchange effect
|
|
4,687
|
|
241
|
|
(461)
|
|
|
|
Net increase in cash
and cash equivalents
|
|
8,353
|
|
22,654
|
|
22,245
|
|
|
|
Cash and cash
equivalents at the beginning of period
|
|
76,073
|
|
53,419
|
|
51,538
|
|
|
|
Cash and cash
equivalents at the end of period
|
|
84,426
|
|
76,073
|
|
73,783
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
[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 year-end audited
consolidated financial statements, and may vary materially from the
year-end 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
year-end 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] 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-its-unaudited-consolidated-financial-results-for-the-first-quarter-of-2022-301535021.html
SOURCE ASE Technology Holding Co., Ltd.