TAIPEI,
Taiwan, R.O.C., Oct. 27,
2022 /PRNewswire/ -- ASE Technology Holding Co., Ltd.
(TWSE: 3711, NYSE: ASX) ("We", "ASEH", or the "Company"), the
leading provider of semiconductor assembly and testing services
(ATM) and the provider of electronic manufacturing services (EMS),
today reported its unaudited net revenues[1] of
NT$188,626 million for 3Q22, up by
25% year-over-year (or up by 31% year-over-year on pro forma basis)
and up by 18% sequentially. Net income attributable to
shareholders of the parent for the quarter totaled NT$17,465 million, up from a net income
attributable to shareholders of the parent of NT$14,176 million in 3Q21 (or up from a net
income attributable to shareholders of the parent of NT$13,256 million in 3Q21 on pro forma basis) and
up from a net income attributable to shareholders of the parent of
NT$15,988 million in 2Q22.
Basic earnings per share for the quarter were NT$4.03 (or US$0.268 per ADS), compared to NT$3.29 for 3Q21 (or NT$3.07 for 3Q21 on pro forma basis) and
NT$3.69 for 2Q22. Diluted
earnings per share for the quarter were NT$3.92 (or US$0.260 per ADS), compared to NT$3.20 for 3Q21 (or NT$2.99 for 3Q21 on pro forma basis) and
NT$3.61 for 2Q22.
We are providing you with the unaudited pro forma financial
information to assist 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 historical financial statements of our China sites, given effect to the disposal as
if it had occurred for the preceding three months and nine months
ended 3Q21. For more details on our operations, please refer
to "Supplemental Financial Information", "Summary of Consolidated
Statement of Income Data", and "Summary of ATM Statement of Income
Data."
RESULTS OF OPERATIONS
3Q22 Results Highlights – Consolidated
- Net revenues contribution from packaging operations, testing
operations, EMS operations and others, each represented
approximately 43%, 8%, 48% and 1%, respectively, of the total net
revenues of the quarter.
- Cost of revenues was NT$150,654
million for the quarter, up from NT$126,051 million in 2Q22.
-
- Raw material cost totaled NT$102,158
million for the quarter, representing 54% of the total net
revenues.
- Labor cost totaled NT$17,292
million for the quarter, representing 9% of the total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$12,811 million for the
quarter.
- Gross margin decreased by 1.3 percentage points to 20.1% in
3Q22 from 21.4% in 2Q22.
- Operating margin was 12.6% in 3Q22, compared to 12.8% in
2Q22.
- In terms of non-operating items:
-
- Net interest expense was NT$966
million.
- Net foreign exchange loss of NT$2,818
million was primarily attributable to the appreciation of
U.S. dollar against New Taiwan dollar.
- Net gain on valuation of financial assets and liabilities was
NT$2,878 million.
- Net gain on equity-method investments was NT$358 million.
- Other net non-operating income of NT$480
million was primarily attributable to miscellaneous
income. Total non-operating expense for the quarter was
NT$68 million.
- Income before tax was NT$23,615
million for 3Q22, compared to NT$21,136 million in 2Q22. We recorded
income tax expenses of NT$5,046
million for the quarter, compared to NT$4,479 million in 2Q22.
- In 3Q22, net income attributable to shareholders of the parent
was NT$17,465 million, compared to
NT$14,176 million in 3Q21 and
NT$15,988 million in 2Q22.
- Our total number of shares outstanding at the end of the
quarter was 4,364,218,532, including treasury stock owned by our
subsidiaries in 3Q22. Our 3Q22 basic earnings per share of
NT$4.03 (or US$0.268 per ADS) were based on 4,330,471,737
weighted average numbers of shares outstanding in 3Q22. Our
3Q22 diluted earnings per share of NT$3.92 (or US$0.260 per ADS) were based on 4,373,878,048
weighted average number of shares outstanding in 3Q22.
3Q22 Results Highlights – ATM
- Net revenues were NT$98,831
million, up by 10% year-over-year (or up by 19%
year-over-year on pro forma basis) and up by 4% sequentially.
- Cost of revenues was NT$69,999 million for the quarter, up by 4%
sequentially.
-
- Raw material cost totaled NT$28,072
million for the quarter, representing 28% of the total net
revenues.
- Labor cost totaled NT$14,383
million for the quarter, representing 15% of the total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$11,574 million for the
quarter.
- Gross margin stayed flat, which was 29.2% in both 3Q22 and
2Q22.
- Operating margin was 18.9% in both 3Q22 and 2Q22.
3Q22 Results Highlights – EMS
- Net revenues were NT$90,665
million, up by 37% sequentially.
- Cost of revenues for the quarter was NT$81,467 million, up by 37% sequentially.
-
- Raw material cost totaled NT$73,999
million for the quarter, representing 82% of the total net
revenues.
- Labor cost totaled NT$2,799
million for the quarter, representing 3% of the total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$967 million for the quarter.
- Gross margin increased by 0.1 percentage points to 10.1% in
3Q22 from 10.0% in 2Q22.
- Operating margin was 5.7% in 3Q22, compared to 4.0% in
2Q22.
LIQUIDITY AND CAPITAL RESOURCES
- Capital expenditures in 3Q22 totaled US$400 million, of which US$197 million were used in packaging operations,
US$134 million in testing operations,
US$50 million in EMS operations and
US$19 million in interconnect
materials operations and others.
- Total unused credit lines amounted to NT$296,099 million as of September 30, 2022.
- Current ratio was 1.22 and net debt to equity ratio was 0.53 as
of September 30, 2022.
- Total number of employees was 99,104 as of September 30, 2022, compared to 97,800 as of
June 30, 2022.
Business Review
Customers
ATM Basis
- Our five largest customers together accounted for approximately
45% of our total net revenues in 3Q22, compared to 46% in
2Q22. Two customers each accounted for more than 10% of our
total net revenues in 3Q22 individually.
- Our top 10 customers contributed 59% of our total net revenues
in both 3Q22 and 2Q22.
- Our customers that are integrated device manufacturers or IDMs
accounted for 33% of our total net revenues in 3Q22, compared
to 30% in 2Q22.
EMS Basis
- Our five largest customers together accounted for approximately
74% of our total net revenues in 3Q22, compared to 66% in
2Q22. One customer accounted for more than 10% of our total
net revenues in 3Q22.
- Our top 10 customers contributed 81% of our total net revenues
in 3Q22, compared to 75% in 2Q22.
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
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, Mexico, and Tunisia 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.
Investor Relations Contact:
ir@aseglobal.com
Tel: +886.2.6636.5678
http://www.aseglobal.com
Supplemental Financial Information
(Unaudited)
Consolidated Operations
|
Pro Forma
Basis
|
|
3Q22
|
2Q22
|
3Q21
|
3Q21
|
EBITDA (NT$
million)
|
38,601
|
35,211
|
32,655
|
30,806
|
ATM Operations
|
Pro Forma
Basis
|
|
3Q22
|
2Q22
|
3Q21
|
3Q21
|
Net Revenues (NT$
million)
|
98,831
|
94,998
|
90,092
|
83,321
|
Revenue by
Application
|
|
|
|
|
Communication
|
53 %
|
52 %
|
51 %
|
53 %
|
Computing
|
16 %
|
16 %
|
15 %
|
15 %
|
Automotive, Consumer
& Others
|
31 %
|
32 %
|
34 %
|
32 %
|
Revenue by
Type
|
|
|
|
|
Bumping, Flip Chip, WLP
& SiP
|
42 %
|
43 %
|
36 %
|
39 %
|
Wirebonding
|
34 %
|
35 %
|
39 %
|
37 %
|
Others
|
7 %
|
6 %
|
8 %
|
7 %
|
Testing
|
15 %
|
15 %
|
15 %
|
15 %
|
Material
|
2 %
|
1 %
|
2 %
|
2 %
|
Capacity &
EBITDA
|
|
|
|
|
CapEx (US$
million)*
|
348
|
461
|
407
|
364
|
EBITDA (NT$
million)
|
31,657
|
30,940
|
28,588
|
26,739
|
Number of
Wirebonders
|
25,887
|
25,876
|
29,943
|
25,723
|
Number of
Testers
|
5,406
|
5,194
|
6,149
|
4,652
|
EMS Operations
|
3Q22
|
2Q22
|
3Q21
|
Net Revenues (NT$
million)
|
90,665
|
66,218
|
61,127
|
Revenue by
Application
|
|
|
|
Communication
|
37 %
|
35 %
|
38 %
|
Computing
|
9 %
|
13 %
|
10 %
|
Consumer
|
36 %
|
28 %
|
33 %
|
Industrial
|
11 %
|
15 %
|
12 %
|
Automotive
|
6 %
|
8 %
|
5 %
|
Others
|
1 %
|
1 %
|
2 %
|
Capacity
|
|
|
|
CapEx (US$
million)*
|
50
|
53
|
60
|
*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)
|
For the three months
ended
|
|
For the nine months
ended
|
|
|
|
Pro Forma
Basis
|
|
|
|
Pro Forma
Basis
|
|
|
Sep. 30
2022
|
|
Jun. 30
2022
|
|
Sep. 30
2021
|
|
Sep. 30
2021
|
|
Sep. 30
2022
|
|
Sep. 30
2021
|
|
Sep. 30
2021
|
|
Net revenues
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Packaging
|
80,541
|
|
78,394
|
|
73,996
|
|
68,287
|
|
227,318
|
|
197,178
|
|
181,548
|
|
Testing
|
14,942
|
|
13,760
|
|
13,416
|
|
12,353
|
|
41,285
|
|
36,222
|
|
33,212
|
|
EMS
|
90,660
|
|
66,213
|
|
61,116
|
|
61,116
|
|
218,036
|
|
157,947
|
|
157,947
|
|
Others
|
2,483
|
|
2,072
|
|
2,137
|
|
2,137
|
|
6,817
|
|
5,714
|
|
5,714
|
|
Total net
revenues
|
188,626
|
|
160,439
|
|
150,665
|
|
143,893
|
|
493,456
|
|
397,061
|
|
378,421
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(150,654)
|
|
(126,051)
|
|
(119,881)
|
|
(114,642)
|
|
(392,625)
|
|
(319,586)
|
|
(304,832)
|
|
Gross profit
|
37,972
|
|
34,388
|
|
30,784
|
|
29,251
|
|
100,831
|
|
77,475
|
|
73,589
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(6,262)
|
|
(5,795)
|
|
(5,495)
|
|
(5,272)
|
|
(17,419)
|
|
(15,340)
|
|
(14,699)
|
|
Selling, general and
administrative
|
(8,027)
|
|
(7,987)
|
|
(6,863)
|
|
(6,516)
|
|
(23,010)
|
|
(19,626)
|
|
(18,628)
|
|
Total operating
expenses
|
(14,289)
|
|
(13,782)
|
|
(12,358)
|
|
(11,788)
|
|
(40,429)
|
|
(34,966)
|
|
(33,327)
|
|
Operating
income
|
23,683
|
|
20,606
|
|
18,426
|
|
17,463
|
|
60,402
|
|
42,509
|
|
40,262
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net non-operating
income and expenses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense -
net
|
(966)
|
|
(702)
|
|
(562)
|
|
(556)
|
|
(2,240)
|
|
(1,703)
|
|
(1,672)
|
|
Foreign exchange gain
(loss)
|
(2,818)
|
|
(1,301)
|
|
66
|
|
55
|
|
(5,223)
|
|
899
|
|
871
|
|
Gain (loss) on
valuation of financial assets and liabilities
|
2,878
|
|
1,543
|
|
(349)
|
|
(359)
|
|
5,827
|
|
(1,008)
|
|
(1,057)
|
|
Gain on equity-method
investments
|
358
|
|
486
|
|
414
|
|
414
|
|
1,043
|
|
782
|
|
782
|
|
Others
|
480
|
|
504
|
|
479
|
|
412
|
|
1,605
|
|
1,520
|
|
1,308
|
|
Total non-operating
income and expenses
|
(68)
|
|
530
|
|
48
|
|
(34)
|
|
1,012
|
|
490
|
|
232
|
|
Income before
tax
|
23,615
|
|
21,136
|
|
18,474
|
|
17,429
|
|
61,414
|
|
42,999
|
|
40,494
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax
expense
|
(5,046)
|
|
(4,479)
|
|
(3,630)
|
|
(3,505)
|
|
(12,803)
|
|
(8,729)
|
|
(8,440)
|
|
Income from operations
and before non-controlling interests
|
18,569
|
|
16,657
|
|
14,844
|
|
13,924
|
|
48,611
|
|
34,270
|
|
32,054
|
|
Non-controlling
interests
|
(1,104)
|
|
(669)
|
|
(668)
|
|
(668)
|
|
(2,251)
|
|
(1,278)
|
|
(1,278)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable
to
shareholders of the
parent
|
17,465
|
|
15,988
|
|
14,176
|
|
13,256
|
|
46,360
|
|
32,992
|
|
30,776
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Per share
data:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per
share
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
– Basic
|
NT$4.03
|
|
NT$3.69
|
|
NT$3.29
|
|
NT$3.07
|
|
NT$10.74
|
|
NT$7.66
|
|
NT$7.14
|
|
– Diluted
|
NT$3.92
|
|
NT$3.61
|
|
NT$3.20
|
|
NT$2.99
|
|
NT$10.34
|
|
NT$7.43
|
|
NT$6.92
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per equivalent
ADS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
– Basic
|
US$0.268
|
|
US$0.253
|
|
US$0.236
|
|
US$0.221
|
|
US$0.739
|
|
US$0.546
|
|
US$0.509
|
|
– Diluted
|
US$0.260
|
|
US$0.247
|
|
US$0.230
|
|
US$0.215
|
|
US$0.711
|
|
US$0.530
|
|
US$0.494
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of weighted
average shares used in diluted EPS calculation (in
thousands)
|
4,373,878
|
|
4,375,107
|
|
4,370,715
|
|
4,370,715
|
|
4,368,634
|
|
4,370,312
|
|
4,370,312
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FX (NTD/USD)
|
30.10
|
|
29.26
|
|
27.79
|
|
27.79
|
|
29.07
|
|
28.04
|
|
28.04
|
|
ASE Technology Holding Co., Ltd.
Summary of ATM Statement of Income Data
(In NT$ millions)
(Unaudited)
|
For the three months
ended
|
|
For the nine months
ended
|
|
|
|
Pro Forma
Basis
|
|
|
|
Pro Forma
Basis
|
|
|
Sep. 30
2022
|
|
Jun. 30
2022
|
|
Sep. 30
2021
|
|
Sep. 30
2021
|
|
Sep. 30
2022
|
|
Sep. 30
2021
|
|
Sep. 30
2021
|
|
Net revenues
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Packaging
|
82,090
|
|
79,894
|
|
75,221
|
|
69,512
|
|
231,905
|
|
202,702
|
|
187,072
|
|
Testing
|
14,941
|
|
13,760
|
|
13,416
|
|
12,354
|
|
41,284
|
|
36,224
|
|
33,214
|
|
Direct
Material
|
1,765
|
|
1,288
|
|
1,429
|
|
1,429
|
|
4,532
|
|
3,845
|
|
3,845
|
|
Others
|
35
|
|
56
|
|
26
|
|
26
|
|
133
|
|
76
|
|
76
|
|
Total net
revenues
|
98,831
|
|
94,998
|
|
90,092
|
|
83,321
|
|
277,854
|
|
242,847
|
|
224,207
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(69,999)
|
|
(67,230)
|
|
(65,378)
|
|
(60,140)
|
|
(198,154)
|
|
(179,916)
|
|
(165,162)
|
|
Gross profit
|
28,832
|
|
27,768
|
|
24,714
|
|
23,181
|
|
79,700
|
|
62,931
|
|
59,045
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(4,901)
|
|
(4,455)
|
|
(4,254)
|
|
(4,032)
|
|
(13,491)
|
|
(11,780)
|
|
(11,138)
|
|
Selling, general and
administrative
|
(5,268)
|
|
(5,318)
|
|
(4,829)
|
|
(4,482)
|
|
(15,540)
|
|
(13,775)
|
|
(12,777)
|
|
Total operating
expenses
|
(10,169)
|
|
(9,773)
|
|
(9,083)
|
|
(8,514)
|
|
(29,031)
|
|
(25,555)
|
|
(23,915)
|
|
Operating
income
|
18,663
|
|
17,995
|
|
15,631
|
|
14,667
|
|
50,669
|
|
37,376
|
|
35,130
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ASE Technology Holding Co., Ltd.
Summary of EMS Statement of Income Data
(In NT$ millions)
(Unaudited)
|
For the three months
ended
|
|
For the nine months
ended
|
|
Sep. 30
2022
|
|
Jun. 30
2022
|
|
Sep. 30
2021
|
|
Sep. 30
2022
|
|
Sep. 30
2021
|
|
|
|
|
|
|
|
|
|
|
|
|
Net revenues
|
90,665
|
|
66,218
|
|
61,127
|
|
218,049
|
|
157,974
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(81,467)
|
|
(59,568)
|
|
(55,244)
|
|
(196,821)
|
|
(143,604)
|
|
Gross profit
|
9,198
|
|
6,650
|
|
5,883
|
|
21,228
|
|
14,370
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(1,392)
|
|
(1,380)
|
|
(1,270)
|
|
(4,021)
|
|
(3,641)
|
|
Selling, general and
administrative
|
(2,676)
|
|
(2,603)
|
|
(1,955)
|
|
(7,210)
|
|
(5,622)
|
|
Total operating
expenses
|
(4,068)
|
|
(3,983)
|
|
(3,225)
|
|
(11,231)
|
|
(9,263)
|
|
Operating
income
|
5,130
|
|
2,667
|
|
2,658
|
|
9,997
|
|
5,107
|
|
|
|
|
|
|
|
|
|
|
|
|
ASE Technology Holding Co., Ltd.
Summary of Consolidated Balance Sheet Data
(In NT$ millions)
(Unaudited)
|
|
|
As of Sep. 30,
2022
|
|
|
As of Jun. 30,
2022
|
Current
assets
|
|
|
|
|
|
|
Cash and cash
equivalents
|
|
|
52,358
|
|
|
72,846
|
Financial assets –
current
|
|
|
9,667
|
|
|
6,136
|
Notes and accounts
receivable
|
|
|
140,178
|
|
|
116,617
|
Inventories
|
|
|
101,287
|
|
|
94,661
|
Others
|
|
|
29,239
|
|
|
28,503
|
Total current
assets
|
|
|
332,729
|
|
|
318,763
|
|
|
|
|
|
|
|
Financial assets –
non-current & Investments – equity method
|
|
|
22,926
|
|
|
22,356
|
Property, plant and
equipment
|
|
|
264,508
|
|
|
254,784
|
Right-of-use
assets
|
|
|
11,822
|
|
|
10,853
|
Intangible
assets
|
|
|
73,590
|
|
|
74,300
|
Others
|
|
|
32,254
|
|
|
32,023
|
Total assets
|
|
|
737,829
|
|
|
713,079
|
|
|
|
|
|
|
|
Current
liabilities
|
|
|
|
|
|
|
Short-term
borrowings
|
|
|
78,056
|
|
|
60,722
|
Current portion of
bonds payable &
Current portion of long-term
borrowings
|
|
|
8,157
|
|
|
11,835
|
Notes and accounts
payable
|
|
|
104,286
|
|
|
86,534
|
Others
|
|
|
83,248
|
|
|
111,136
|
Total current
liabilities
|
|
|
273,747
|
|
|
270,227
|
|
|
|
|
|
|
|
Bonds
payable
|
|
|
40,534
|
|
|
40,923
|
Long-term
borrowings[2]
|
|
|
89,273
|
|
|
97,367
|
Other
liabilities
|
|
|
28,625
|
|
|
26,251
|
Total
liabilities
|
|
|
432,179
|
|
|
434,768
|
|
|
|
|
|
|
|
Equity attributable
to shareholders of the
parent
|
|
|
288,361
|
|
|
263,039
|
Non-controlling
interests
|
|
|
17,289
|
|
|
15,272
|
Total liabilities &
shareholders' equity
|
|
|
737,829
|
|
|
713,079
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
Ratio
|
|
|
1.22
|
|
|
1.18
|
Net Debt to Equity
Ratio
|
|
|
0.53
|
|
|
0.50
|
ASE Technology Holding Co., Ltd.
Summary of Consolidated Statement of Cash Flow Data
(In NT$ millions)
(Unaudited)
|
|
For the
three months ended
|
|
For the nine months
ended
|
|
|
|
Sep. 30
|
|
Jun.
30
|
|
Sep. 30
|
|
Sep. 30
|
|
Sep. 30
|
|
|
2022
|
2022
|
2021
|
2022
|
2021
|
Cash Flows from
Operating Activities
|
|
|
|
|
|
|
|
|
|
|
|
Profit before income
tax
|
|
23,615
|
|
21,136
|
|
18,474
|
|
61,414
|
|
42,999
|
|
Depreciation &
amortization
|
|
13,947
|
|
13,749
|
|
13,864
|
|
41,199
|
|
40,454
|
|
Other operating
activities items
|
|
(18,944)
|
|
(19,858)
|
|
(17,505)
|
|
(41,788)
|
|
(34,638)
|
|
Net cash generated from
operating activities
|
|
18,618
|
|
15,027
|
|
14,833
|
|
60,825
|
|
48,815
|
|
Cash Flows from
Investing Activities
|
|
|
|
|
|
|
|
|
|
|
|
Net payments for
property, plant
and
equipment
|
|
(17,219)
|
|
(17,292)
|
|
(20,294)
|
|
(51,693)
|
|
(52,787)
|
|
Other investment
activities items
|
|
288
|
|
(245)
|
|
(139)
|
|
(710)
|
|
(1,603)
|
|
Net cash used in
investing activities
|
|
(16,931)
|
|
(17,537)
|
|
(20,433)
|
|
(52,403)
|
|
(54,390)
|
|
Cash Flows from
Financing Activities
|
|
|
|
|
|
|
|
|
|
|
|
Total net proceeds
from (repayment of) borrowings and bonds
|
|
1,111
|
|
(8,980)
|
|
25,319
|
|
(13,179)
|
|
28,279
|
|
Dividends
paid
|
|
(29,991)
|
|
-
|
|
(18,083)
|
|
(29,991)
|
|
(18,083)
|
|
Other financing
activities items
|
|
(228)
|
|
(893)
|
|
(854)
|
|
(1,390)
|
|
(263)
|
|
Net cash generated from
(used in) financing activities
|
|
(29,108)
|
|
(9,873)
|
|
6,382
|
|
(44,560)
|
|
9,933
|
|
Foreign currency
exchange effect
|
|
6,933
|
|
803
|
|
(350)
|
|
12,423
|
|
(2,477)
|
|
Net increase (decrease)
in cash
and cash
equivalents
|
|
(20,488)
|
|
(11,580)
|
|
432
|
|
(23,715)
|
|
1,881
|
|
Cash and cash
equivalents at the beginning of period
|
|
72,846
|
|
84,426
|
|
52,987
|
|
76,073
|
|
51,538
|
|
Cash and cash
equivalents at the
end of
period
|
|
52,358
|
|
72,846
|
|
53,419
|
|
52,358
|
|
53,419
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
[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.
|
View original
content:https://www.prnewswire.com/news-releases/ase-technology-holding-co-ltd-reports-its-unaudited-consolidated-financial-results-for-the-third-quarter-of-2022-301660718.html
SOURCE ASE Technology Holding Co., Ltd.