TAIPEI,
Taiwan, R.O.C., July 28,
2022 /PRNewswire/ -- ASE Technology Holding Co.,
Ltd. (TAIEX: 3711, NYSE: ASX) ("We", "ASEH", or the "Company"), the
leading provider of semiconductor assembly and testing services
(ATM) and electronic manufacturing services (EMS), today reported
its unaudited net revenues[1] of NT$160,439
million for 2Q22, up by 26% year-over-year (or up by 33%
year-over-year on pro forma basis) and up by 11%
sequentially. Net income attributable to shareholders of the
parent for the quarter totaled NT$15,988
million, up from a net income attributable to shareholders
of the parent of NT$10,338 million in
2Q21 (or up from a net income attributable to shareholders of the
parent of NT$9,539 million in 2Q21 on
pro forma basis) and up from a net income attributable to
shareholders of the parent of NT$12,907
million in 1Q22. Basic earnings per share for the
quarter were NT$3.69 (or US$0.253 per ADS), compared to NT$2.40 for 2Q21 (or NT$2.21 for 2Q21 on pro forma basis) and
NT$3.01 for 1Q22. Diluted
earnings per share for the quarter were NT$3.61 (or US$0.247 per ADS), compared to NT$2.30 for 2Q21 (or NT$2.12 for 2Q21 on pro forma basis) and
NT$2.92 for 1Q22.
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 six months
ended 2Q21. 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
2Q22 Results Highlights – Consolidated
- Net revenues contribution from packaging operations, testing
operations, EMS operations and others, each represented
approximately 49%, 9%, 41% and 1%, respectively, of the total net
revenues of the quarter.
- Cost of revenues was NT$126,051
million for the quarter, up from NT$115,920 million in 1Q22.
- Raw
material cost totaled NT$79,348
million for the quarter, representing 50% of the total net
revenues.
- Labor cost totaled NT$17,637 million for the quarter, representing 11%
of the total net revenues.
- Depreciation, amortization
and rental expenses totaled NT$12,603
million for the quarter.
- Gross margin increased by 1.7 percentage points to 21.4% in
2Q22 from 19.7% in 1Q22.
- Operating margin was 12.8% in 2Q22, compared to 11.2% in
1Q22.
- In terms of non-operating items:
- Net interest expense was NT$702
million.
- Net foreign exchange loss of
NT$1,301 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$1,543
million.
- Net gain on equity-method investments
was NT$486 million.
-
Other net non-operating income of NT$504 million was primarily attributable to
miscellaneous income. Total non-operating income for the
quarter was NT$530
million.
- Income before tax was NT$21,136
million for 2Q22, compared to NT$16,663 million in 1Q22. We recorded income
tax expenses of NT$4,479
million for the quarter, compared to
NT$3,278 million in
1Q22.
- In 2Q22, net income attributable to shareholders of the parent
was NT$15,988 million, compared
to NT$10,338 million in
2Q21 and NT$12,907
million in 1Q22.
- Our total number of shares outstanding at the end of the
quarter was 4,359,927,932, including treasury stock owned by our
subsidiaries in 2Q22. Our 2Q22 basic earnings per share of
NT$3.69 (or US$0.253 per ADS) were based on 4,326,986,427
weighted average numbers of shares outstanding in 2Q22. Our
2Q22 diluted earnings per share of NT$3.61 (or US$0.247
per ADS) were based on 4,375,107,331 weighted average number of
shares outstanding in 2Q22.
2Q22 Results Highlights – ATM
- Net revenues were NT$94,998
million, up by 20% year-over-year (or up by 31%
year-over-year on pro forma basis) and up by 13% sequentially.
- Cost of revenues was NT$67,230
million for the quarter, up by 10% sequentially.
-
Raw material cost totaled NT$26,615
million for the quarter, representing 28% of the total net
revenues.
- Labor cost totaled NT$14,575 million for the quarter, representing 15%
of the total net revenues.
- Depreciation, amortization
and rental expenses totaled NT$11,383
million for the quarter.
- Gross margin increased by 1.7 percentage points to 29.2%
in 2Q22 from 27.5% in 1Q22.
- Operating margin was 18.9% in 2Q22, compared to 16.7% in
1Q22.
2Q22 Results Highlights – EMS
- Net revenues were NT$66,218
million, up by 8% sequentially.
- Cost of revenues for the quarter was NT$59,568 million, up by 7%
sequentially.
- Raw material cost totaled
NT$52,633 million for the
quarter, representing 80% of the total net revenues.
-
Labor cost totaled NT$2,953
million for the quarter, representing 4% of the total net
revenues.
- Depreciation, amortization and rental
expenses totaled NT$948 million
for the quarter.
- Gross margin increased by 1.2 percentage points to 10.0% in
2Q22 from 8.8% in 1Q22.
- Operating margin was 4.0% in 2Q22, compared to 3.6% in
1Q22.
LIQUIDITY AND CAPITAL RESOURCES
- Capital expenditures in 2Q22 totaled US$515 million, of which US$290 million were used in packaging operations,
US$161 million in testing operations,
US$53 million in EMS operations and
US$11 million in interconnect
materials operations and others.
- Total unused credit lines amounted to NT$312,365 million as of June 30, 2022.
- Current ratio was 1.18 and net debt to equity ratio was 0.50 as
of June 30, 2022.
- Total number of employees was 97,800 as of June 30, 2022, compared to 94,879 as of
March 31, 2022.
BUSINESS REVIEW
Customers
ATM Basis
- Our five largest customers together accounted for approximately
46% of our total net revenues in 2Q22, compared to 47% in
1Q22. Two customers each accounted for more than 10% of our
total net revenues in 2Q22 individually.
- Our top 10 customers contributed 59% of our total net revenues
in both 2Q22 and 1Q22.
- Our customers that are integrated device manufacturers or IDMs
accounted for 30% of our total net revenues in 2Q22, compared
to 29% in 1Q22.
EMS BASIS
- Our five largest customers together accounted for approximately
66% of our total net revenues in 2Q22, compared to 70% in
1Q22. One customer accounted for more than 10% of our total
net revenues in 2Q22.
- Our top 10 customers contributed 75% of our total net revenues
in 2Q22, compared to 79% in 1Q22.
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.
Supplemental Financial
Information
(Unaudited)
Consolidated Operations
|
Pro Forma
Basis
|
|
2Q22
|
1Q22
|
2Q21
|
2Q21
|
EBITDA (NT$
Millions)
|
35,211
|
30,661
|
27,350
|
25,663
|
ATM Operations
|
Pro Forma
Basis
|
|
2Q22
|
1Q22
|
2Q21
|
2Q21
|
Net Revenues (NT$
Millions)
|
94,998
|
84,025
|
78,988
|
72,747
|
Revenue by Application
|
|
|
|
|
Communication
|
52 %
|
52 %
|
50 %
|
52 %
|
Computing
|
16 %
|
16 %
|
14 %
|
15 %
|
Automotive, Consumer
& Others
|
32 %
|
32 %
|
36 %
|
33 %
|
Revenue by Type
|
|
|
|
|
Bumping, Flip Chip, WLP
& SiP
|
43 %
|
43 %
|
33 %
|
36 %
|
Wirebonding
|
35 %
|
34 %
|
42 %
|
40 %
|
Others
|
6 %
|
6 %
|
8 %
|
7 %
|
Testing
|
15 %
|
15 %
|
15 %
|
15 %
|
Material
|
1 %
|
2 %
|
2 %
|
2 %
|
Capacity & EBITDA
|
|
|
|
|
CapEx (US$
Millions)*
|
461
|
414
|
570
|
526
|
EBITDA (NT$
Millions)
|
30,940
|
27,116
|
24,671
|
22,984
|
Number of
Wirebonders
|
25,876
|
25,858
|
29,056
|
24,839
|
Number of
Testers
|
5,194
|
5,012
|
6,001
|
4,525
|
EMS Operations
|
2Q22
|
1Q22
|
2Q21
|
Net Revenues (NT$
Millions)
|
66,218
|
61,166
|
49,154
|
Revenue by Application
|
|
|
|
Communication
|
35 %
|
40 %
|
39 %
|
Computing
|
13 %
|
10 %
|
10 %
|
Consumer
|
28 %
|
29 %
|
28 %
|
Industrial
|
15 %
|
13 %
|
16 %
|
Automotive
|
8 %
|
6 %
|
5 %
|
Others
|
1 %
|
2 %
|
2 %
|
Capacity
|
|
|
|
CapEx (US$
Millions)*
|
53
|
26
|
39
|
* 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 six months
ended
|
|
|
|
Pro Forma
Basis
|
|
|
|
Pro Forma
Basis
|
|
|
Jun. 30
2022
|
|
Mar. 31
2022
|
|
Jun. 30
2021
|
|
Jun. 30
2021
|
|
Jun. 30
2022
|
|
Jun. 30
2021
|
|
Jun. 30
2021
|
|
Net
revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Packaging
|
78,394
|
|
68,383
|
|
64,149
|
|
58,929
|
|
146,777
|
|
123,182
|
|
113,261
|
|
Testing
|
13,760
|
|
12,583
|
|
11,676
|
|
10,655
|
|
26,343
|
|
22,806
|
|
20,859
|
|
EMS
|
66,213
|
|
61,163
|
|
49,147
|
|
49,147
|
|
127,376
|
|
96,831
|
|
96,831
|
|
Others
|
2,072
|
|
2,262
|
|
1,954
|
|
1,954
|
|
4,334
|
|
3,577
|
|
3,577
|
|
Total net
revenues
|
160,439
|
|
144,391
|
|
126,926
|
|
120,685
|
|
304,830
|
|
246,396
|
|
234,528
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(126,051)
|
|
(115,920)
|
|
(102,122)
|
|
(97,215)
|
|
(241,971)
|
|
(199,706)
|
|
(190,190)
|
|
Gross profit
|
34,388
|
|
28,471
|
|
24,804
|
|
23,470
|
|
62,859
|
|
46,690
|
|
44,338
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(5,795)
|
|
(5,362)
|
|
(5,076)
|
|
(4,864)
|
|
(11,157)
|
|
(9,845)
|
|
(9,427)
|
|
Selling, general and
administrative
|
(7,987)
|
|
(6,996)
|
|
(6,554)
|
|
(6,212)
|
|
(14,983)
|
|
(12,763)
|
|
(12,112)
|
|
Total operating
expenses
|
(13,782)
|
|
(12,358)
|
|
(11,630)
|
|
(11,076)
|
|
(26,140)
|
|
(22,608)
|
|
(21,539)
|
|
Operating
income
|
20,606
|
|
16,113
|
|
13,174
|
|
12,394
|
|
36,719
|
|
24,082
|
|
22,799
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net non-operating
income and expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense -
net
|
(702)
|
|
(572)
|
|
(569)
|
|
(563)
|
|
(1,274)
|
|
(1,141)
|
|
(1,115)
|
|
Foreign exchange gain
(loss)
|
(1,301)
|
|
(1,104)
|
|
1,057
|
|
1,072
|
|
(2,405)
|
|
833
|
|
815
|
|
Gain (loss) on
valuation of financial assets and liabilities
|
1,543
|
|
1,406
|
|
(1,050)
|
|
(1,114)
|
|
2,949
|
|
(659)
|
|
(698)
|
|
Gain on equity-method
investments
|
486
|
|
199
|
|
219
|
|
219
|
|
685
|
|
368
|
|
368
|
|
Others
|
504
|
|
621
|
|
513
|
|
432
|
|
1,125
|
|
1,041
|
|
896
|
|
Total non-operating
income and expenses
|
530
|
|
550
|
|
170
|
|
46
|
|
1,080
|
|
442
|
|
266
|
|
Income before
tax
|
21,136
|
|
16,663
|
|
13,344
|
|
12,440
|
|
37,799
|
|
24,524
|
|
23,065
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax
expense
|
(4,479)
|
|
(3,278)
|
|
(2,648)
|
|
(2,543)
|
|
(7,757)
|
|
(5,099)
|
|
(4,935)
|
|
Income from continuing
operations and before non-controlling interest
|
16,657
|
|
13,385
|
|
10,696
|
|
9,897
|
|
30,042
|
|
19,425
|
|
18,130
|
|
Non-controlling
interest
|
(669)
|
|
(478)
|
|
(358)
|
|
(358)
|
|
(1,147)
|
|
(610)
|
|
(610)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable
to
shareholders of the
parent
|
15,988
|
|
12,907
|
|
10,338
|
|
9,539
|
|
28,895
|
|
18,815
|
|
17,520
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Per share
data:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per
share
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
– Basic
|
NT$3.69
|
|
NT$3.01
|
|
NT$2.40
|
|
NT$2.21
|
|
NT$6.71
|
|
NT$4.37
|
|
NT$4.07
|
|
– Diluted
|
NT$3.61
|
|
NT$2.92
|
|
NT$2.30
|
|
NT$2.12
|
|
NT$6.51
|
|
NT$4.25
|
|
NT$3.95
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per equivalent
ADS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
– Basic
|
US$0.253
|
|
US$0.216
|
|
US$0.171
|
|
US$0.158
|
|
US$0.470
|
|
US$0.310
|
|
US$0.289
|
|
– Diluted
|
US$0.247
|
|
US$0.210
|
|
US$0.164
|
|
US$0.151
|
|
US$0.456
|
|
US$0.302
|
|
US$0.280
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of weighted
average shares used in diluted EPS calculation (in
thousands)
|
4,375,107
|
|
4,341,042
|
|
4,362,634
|
|
4,362,634
|
|
4,359,944
|
|
4,363,749
|
|
4,363,749
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FX (NTD/USD)
|
29.26
|
|
27.85
|
|
28.03
|
|
28.03
|
|
28.56
|
|
28.17
|
|
28.17
|
|
ASE Technology Holding Co., Ltd.
Summary of ATM Statement of Income Data
(In NT$ millions, except per share data)
(Unaudited)
|
For the three months
ended
|
|
For the six months
ended
|
|
|
|
Pro Forma
Basis
|
|
|
|
Pro Forma
Basis
|
|
|
Jun. 30
2022
|
|
Mar. 31
2022
|
|
Jun. 30
2021
|
|
Jun. 30
2021
|
|
Jun. 30
2022
|
|
Jun. 30
2021
|
|
Jun. 30
2021
|
|
Net
revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Packaging
|
79,894
|
|
69,921
|
|
65,936
|
|
60,716
|
|
149,815
|
|
127,481
|
|
117,560
|
|
Testing
|
13,760
|
|
12,583
|
|
11,677
|
|
10,656
|
|
26,343
|
|
22,808
|
|
20,860
|
|
Direct
Material
|
1,288
|
|
1,479
|
|
1,372
|
|
1,372
|
|
2,767
|
|
2,416
|
|
2,416
|
|
Others
|
56
|
|
42
|
|
3
|
|
3
|
|
98
|
|
50
|
|
50
|
|
Total net
revenues
|
94,998
|
|
84,025
|
|
78,988
|
|
72,747
|
|
179,023
|
|
152,755
|
|
140,886
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(67,230)
|
|
(60,924)
|
|
(58,778)
|
|
(53,871)
|
|
(128,154)
|
|
(114,538)
|
|
(105,021)
|
|
Gross profit
|
27,768
|
|
23,101
|
|
20,210
|
|
18,876
|
|
50,869
|
|
38,217
|
|
35,865
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(4,455)
|
|
(4,136)
|
|
(3,829)
|
|
(3,616)
|
|
(8,591)
|
|
(7,526)
|
|
(7,106)
|
|
Selling, general and
administrative
|
(5,318)
|
|
(4,953)
|
|
(4,554)
|
|
(4,212)
|
|
(10,271)
|
|
(8,946)
|
|
(8,296)
|
|
Total operating
expenses
|
(9,773)
|
|
(9,089)
|
|
(8,383)
|
|
(7,828)
|
|
(18,862)
|
|
(16,472)
|
|
(15,402)
|
|
Operating
income
|
17,995
|
|
14,012
|
|
11,827
|
|
11,048
|
|
32,007
|
|
21,745
|
|
20,463
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ASE Technology Holding Co., Ltd.
Summary of EMS Statement of Income Data
(In NT$ millions, except per share data)
(Unaudited)
|
For the three months
ended
|
|
For the six months
ended
|
|
Jun. 30
2022
|
|
Mar. 31
2022
|
|
Jun. 30
2021
|
|
Jun. 30
2022
|
|
Jun. 30
2021
|
|
Net
revenues:
|
|
|
|
|
|
|
|
|
|
|
Total net
revenues
|
66,218
|
|
61,166
|
|
49,154
|
|
127,384
|
|
96,847
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(59,568)
|
|
(55,786)
|
|
(44,678)
|
|
(115,354)
|
|
(88,360)
|
|
Gross profit
|
6,650
|
|
5,380
|
|
4,476
|
|
12,030
|
|
8,487
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses:
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(1,380)
|
|
(1,249)
|
|
(1,274)
|
|
(2,629)
|
|
(2,371)
|
|
Selling, general and
administrative
|
(2,603)
|
|
(1,931)
|
|
(1,929)
|
|
(4,534)
|
|
(3,667)
|
|
Total operating
expenses
|
(3,983)
|
|
(3,180)
|
|
(3,203)
|
|
(7,163)
|
|
(6,038)
|
|
Operating
income
|
2,667
|
|
2,200
|
|
1,273
|
|
4,867
|
|
2,449
|
|
|
|
|
|
|
|
|
|
|
|
|
ASE Technology Holding Co., Ltd.
Summary of Consolidated Balance Sheet Data
(In NT$ millions)
(Unaudited)
|
As of Jun. 30,
2022
|
|
As of Mar. 31,
2022
|
|
|
|
|
|
|
|
|
Current
assets:
|
|
|
|
|
|
|
|
Cash and cash
equivalents
|
|
|
72,846
|
|
|
|
84,426
|
Financial assets –
current
|
|
|
6,136
|
|
|
|
4,698
|
Notes and accounts
receivable
|
|
|
116,617
|
|
|
|
106,560
|
Inventories
|
|
|
94,661
|
|
|
|
86,201
|
Others
|
|
|
28,503
|
|
|
|
25,155
|
Total current
assets
|
|
|
318,763
|
|
|
|
307,040
|
|
|
|
|
|
|
|
|
Financial assets –
non-current & Investments – equity method
|
|
|
22,356
|
|
|
|
23,202
|
Property, plant and
equipment
|
|
|
254,784
|
|
|
|
247,541
|
Right-of-use
assets
|
|
|
10,853
|
|
|
|
10,915
|
Intangible
assets
|
|
|
74,300
|
|
|
|
75,236
|
Others
|
|
|
32,023
|
|
|
|
32,214
|
Total assets
|
|
|
713,079
|
|
|
|
696,148
|
|
|
|
|
|
|
|
|
Current
liabilities:
|
|
|
|
|
|
|
|
Short-term
borrowings
|
|
|
60,722
|
|
|
|
49,990
|
Current portion of
bonds payable &
Current portion of long-term
borrowings
|
|
|
11,835
|
|
|
|
10,825
|
Notes and accounts
payable
|
|
|
86,534
|
|
|
|
83,898
|
Others
|
|
|
111,136
|
|
|
|
106,013
|
Total current
liabilities
|
|
|
270,227
|
|
|
|
250,726
|
|
|
|
|
|
|
|
|
Bonds
payable
|
|
|
40,923
|
|
|
|
40,521
|
Long-term
borrowings[2]
|
|
|
97,367
|
|
|
|
116,386
|
Other
liabilities
|
|
|
26,251
|
|
|
|
24,755
|
Total
liabilities
|
|
|
434,768
|
|
|
|
432,388
|
|
|
|
|
|
|
|
|
Equity attributable
to shareholders of the
parent
|
|
|
263,039
|
|
|
|
248,373
|
Non-controlling
interests
|
|
|
15,272
|
|
|
|
15,387
|
Total liabilities &
shareholders' equity
|
|
|
713,079
|
|
|
|
696,148
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
Ratio
|
|
|
1.18
|
|
|
|
1.22
|
Net Debt to Equity
Ratio
|
|
|
0.50
|
|
|
|
0.52
|
ASE Technology Holding Co., Ltd.
Summary of Consolidated Statement of Cash Flow Data
(In NT$ millions)
(Unaudited)
|
|
For the three months
ended
|
|
For the six months
ended
|
|
|
Jun. 30
|
|
Mar. 31
|
|
Jun. 30
|
|
Jun. 30
|
|
Jun. 30
|
|
|
2022
|
2022
|
2021
|
2022
|
2021
|
Cash Flows from
Operating Activities:
|
|
|
|
|
|
|
|
|
|
|
|
Profit before income
tax
|
|
21,136
|
|
16,663
|
|
13,344
|
|
37,799
|
|
24,524
|
|
Depreciation &
amortization
|
|
13,749
|
|
13,503
|
|
13,460
|
|
27,252
|
|
26,590
|
|
Other operating
activities items
|
|
(19,858)
|
|
(2,986)
|
|
(8,573)
|
|
(22,844)
|
|
(17,132)
|
|
Net cash generated from
operating activities
|
|
15,027
|
|
27,180
|
|
18,231
|
|
42,207
|
|
33,982
|
|
Cash Flows from
Investing Activities:
|
|
|
|
|
|
|
|
|
|
|
|
Net payments for
property, plant and equipment
|
|
(17,292)
|
|
(17,182)
|
|
(18,440)
|
|
(34,474)
|
|
(32,493)
|
|
Other investment
activities items
|
|
(245)
|
|
(753)
|
|
(1,259)
|
|
(998)
|
|
(1,464)
|
|
Net cash used in
investing activities
|
|
(17,537)
|
|
(17,935)
|
|
(19,699)
|
|
(35,472)
|
|
(33,957)
|
|
Cash Flows from
Financing Activities:
|
|
|
|
|
|
|
|
|
|
|
|
Total net proceeds
from (repayment of) borrowings
|
|
(8,980)
|
|
(5,310)
|
|
(16,640)
|
|
(14,290)
|
|
2,960
|
|
Other financing
activities items
|
|
(893)
|
|
(269)
|
|
(1,022)
|
|
(1,162)
|
|
591
|
|
Net cash generated from
(used in) financing activities
|
|
(9,873)
|
|
(5,579)
|
|
(17,662)
|
|
(15,452)
|
|
3,551
|
|
Foreign currency
exchange effect
|
|
803
|
|
4,687
|
|
(1,666)
|
|
5,490
|
|
(2,127)
|
|
Net increase (decrease)
in cash and cash equivalents
|
|
(11,580)
|
|
8,353
|
|
(20,796)
|
|
(3,227)
|
|
1,449
|
|
Cash and cash
equivalents at the beginning of period
|
|
84,426
|
|
76,073
|
|
73,783
|
|
76,073
|
|
51,538
|
|
Cash and cash
equivalents at the end of period
|
|
72,846
|
|
84,426
|
|
52,987
|
|
72,846
|
|
52,987
|
|
[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
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content:https://www.prnewswire.com/news-releases/ase-technology-holding-co-ltd-reports-its-unaudited-consolidated-financial-results-for-the-second-quarter-of-2022-301594975.html
SOURCE ASE Technology Holding Co., Ltd.