TAIPEI, Taiwan,
Oct. 30, 2018
/PRNewswire/ -- ASE Technology Holding Co., Ltd. (TAIEX:
3711, NYSE: ASX) ("We", "ASEH", or the "Company") was jointly
established by Advanced Semiconductor Engineering, Inc. ("ASE") and
Siliconware Precision Industries Co., Ltd. on April 30, 2018. The
financial results for 3Q18 reflect a full quarter of combined
operations following the completion of the merger. The financial
results for 2Q18 reflect operations of ASE starting from
April 1, 2018 and operations
of ASEH starting from April 30, 2018. The
financial results for 2Q17 reflect the operations of ASE and its
subsidiaries prior to the establishment of the Company.
As a result, the Company's financial results for 3Q18 may not
be comparable to those of 2Q18 and
3Q17. ASEH, the leading
provider of semiconductor manufacturing services in assembly and
test, today reported unaudited net
revenues[1] of NT$107,597
million for 3Q18, up by 46% year-over-year and up by 27%
sequentially. Net income attributable to shareholders of the
parent for the quarter totaled NT$6,257
million, down from a net income attributable to shareholders
of the parent of NT$6,336 million in
3Q17 and down from a net income attributable to shareholders of the
parent of NT$11,463 million in
2Q18. Basic earnings per share for the quarter were
NT$1.47 (or US$0.096 per ADS), compared to adjusted basic
earnings per share of NT$1.52 for
3Q17 and basic earnings per share of NT$2.70 for 2Q18. Diluted earnings per share for
the quarter were NT$1.43 (or
US$0.094 per ADS), compared to
adjusted diluted earnings per share of NT$1.39 for 3Q17 and diluted earnings per share
of NT$2.69 for 2Q18.
RESULTS OF OPERATIONS
3Q18 Results Highlights – Consolidated
- Net revenue contribution from packaging operations,
testing operations, EMS operations and others, each represented
approximately 50%, 10%, 39% and 1%, respectively, of total net
revenues for the quarter.
- Cost of revenue was NT$89,216
million for the quarter, up from NT$70,791 million in 2Q18.
-
- Raw material cost totaled NT$52,487 million for the quarter, representing
49% of total net revenues.
- Labor cost totaled NT$13,115
million for the quarter, representing 12% of total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$11,839 million for the
quarter.
- Gross margin increased 0.9 percentage points to 17.1% in
3Q18 from 16.2% in 2Q18.
- Operating margin was 7.8% in 3Q18 compared to 6.4% in
2Q18.
- In terms of non-operating items:
-
- Net interest expense was NT$971
million.
- Net foreign exchange gain of NT$262 million was primarily attributable to the
appreciation of U.S. dollar against NT dollar.
- Loss on valuation of financial assets and liabilities was
NT$112 million.
- Net gain on equity-method investments was NT$118 million.
- Other net non-operating income of NT$448 million were primarily attributable to
miscellaneous income. Total non-operating expenses for the
quarter was NT$255
million.
- Income before tax was NT$8,117
million for 3Q18, compared to
NT$12,920 million in
2Q18. We recorded income tax
expenses of NT$1,554 million for the
quarter, compared to NT$1,268 million
in 2Q18.
- In 3Q18, net income attributable to shareholders of the
parent was NT$6,257 million, compared
to net income attributable to shareholders of the parent of
NT$6,336 million in 3Q17 and net
income attributable to shareholders of the parent of NT$11,463 million in 2Q18.
- Our total number of shares outstanding at the end of the
quarter was 4,320,148,632, including treasury stock owned by our
subsidiaries. Our 3Q18 basic earnings per share of
NT$1.47 (or US$0.096 per ADS) were based on 4,246,971,593
weighted average numbers of shares outstanding in 3Q18. Our 3Q18
diluted earnings per share of NT$1.43
(or US$0.094 per ADS) were based on
4,255,740,934 weighted average number of shares outstanding in
3Q18.
3Q18 Results Highlights –
ATM[2]
- Cost of revenues was NT$52,056
million for the quarter, up by 19% sequentially.
-
- Raw material cost totaled NT$18,476 million for the quarter, representing
28% of total net revenues.
- Labor cost totaled NT$11,704
million for the quarter, representing 18% of total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$11,277 million for the
quarter.
- Gross margin increased 1.6 percentage points to 21.5% in
3Q18 from 19.9% in 2Q18.
- Operating margin was 10.1% in 3Q18 compared to 8.4% in
2Q18.
3Q18 Results Highlights – EMS
- Cost of revenues for the quarter was NT$37,846 million, up by 37%
sequentially.
-
- Raw material cost totaled NT$34,096 million for the quarter, representing
81% of total net revenues.
- Labor cost totaled NT$1,390
million for the quarter, representing 3% of total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$452 million for the
quarter.
- Gross margin increased to
9.9% in 3Q18
from 9.4% in
2Q18.
- Operating margin increased to 4.1% in 3Q18 from 2.7% in
2Q18.
LIQUIDITY AND CAPITAL RESOURCES
- Capital expenditures in 3Q18 totaled US$290 million, of which US$128 million were used in packaging operations,
US$139 million in testing operations,
US$21 million in EMS operations and
US$2 million in interconnect
materials operations.
- As of September 30, 2018,
total unused credit lines amounted to NT$165,108 million.
- Current ratio was 1.04 and net debt to equity ratio was
0.68 as of September 30,
2018.
- Total number of employees was 93,486 as of September 30, 2018, compared to 93,680 as of
June 30, 2018.
Business Review
Customers
ATM consolidated
Basis
- Our five largest customers together
accounted for approximately 41% of
our total net revenues in
3Q18, compared
to 39% in
2Q18. One
customer accounted for more than 10% of our total net
revenues in 3Q18.
- Our top 10 customers contributed 55% of our total net
revenues for the quarter, compared to 52% in 2Q18.
- Our customers that are integrated device manufacturers or
IDMs accounted for 35% of our total net
revenues for the quarter, compared
to 37% in
2Q18.
EMS Basis
- Our five largest customers together accounted for
approximately 80% of our total net
revenues in
3Q18, compared
to 75% in
2Q18. One
customer accounted for more than 10% of our total net
revenues in 3Q18.
- Our top 10 customers contributed 90% of our total net
revenues during the quarter in 3Q18, compared to 87% in
2Q18.
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
http://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. Our actual results of operations, financial
condition or business prospects may differ materially from those
expressed or implied in these forward-looking statements for a
variety of reasons, including 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 global economic
crisis; 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 2017 Annual Report on Form 20-F for our predecessor
company, Advanced Semiconductor Engineering, Inc., filed on
March 28,
2018.
Supplemental Financial
Information
Consolidated Operations
|
3Q/18
|
2Q/18
|
3Q/17
|
EBITDA (NT$
Millions)
|
21,579
|
24,893
|
15,244
|
ATM Consolidated Operations
|
3Q/18
|
2Q/18
|
3Q/17
|
Net Revenues (NT$
Millions)
|
66,324
|
54,534
|
41,854
|
Revenues by
Application
|
|
|
|
Communication
|
54%
|
52%
|
49%
|
Computer
|
14%
|
14%
|
10%
|
Automotive, Consumer
& Others
|
32%
|
34%
|
41%
|
Revenues by
Type
|
|
|
|
Bumping, Flip Chip,
WLP & SiP
|
31%
|
29%
|
26%
|
Wirebonding
|
43%
|
46%
|
46%
|
Discrete and
Others
|
8%
|
7%
|
9%
|
Testing
|
16%
|
16%
|
16%
|
Material
|
2%
|
2%
|
3%
|
Capacity &
EBITDA
|
|
|
|
CapEx (US$
Millions)*
|
269
|
317
|
117
|
EBITDA (NT$
Millions)
|
19,092
|
23,306
|
13,175
|
Number of
Wirebonders
|
25,219
|
25,216
|
16,083
|
Number of
Testers
|
4,802
|
4,726
|
3,739
|
EMS Operations
|
3Q/18
|
2Q/18
|
3Q/17
|
Net Revenues (NT$
Millions)
|
42,009
|
30,476
|
33,100
|
Revenues by End
Application
|
|
|
|
Communication
|
34%
|
38%
|
45%
|
Computer &
Storage
|
14%
|
19%
|
14%
|
Consumer
|
36%
|
25%
|
26%
|
Industrial
|
10%
|
11%
|
8%
|
Automotive
|
5%
|
6%
|
6%
|
Others
|
1%
|
1%
|
1%
|
Capacity
|
|
|
|
CapEx (US$
Millions)*
|
21
|
19
|
13
|
|
* 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
2018
|
|
Jun. 30
2018
|
|
Sep. 30
2017
|
|
Sep. 30
2018
|
|
Sep. 30
2017
|
|
Net
revenues:
|
|
|
|
|
|
|
|
|
|
|
Packaging
|
53,473
|
|
44,318
|
|
32,880
|
|
127,159
|
|
93,180
|
|
Testing
|
10,838
|
|
8,467
|
|
6,889
|
|
24,984
|
|
19,604
|
|
EMS
|
41,996
|
|
30,472
|
|
33,098
|
|
101,154
|
|
90,663
|
|
Others
|
1,290
|
|
1,244
|
|
1,011
|
|
3,767
|
|
3,008
|
|
Total net
revenues
|
107,597
|
|
84,501
|
|
73,878
|
|
257,064
|
|
206,455
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(89,216)
|
|
(70,791)
|
|
(60,030)
|
|
(214,585)
|
|
(168,516)
|
|
Gross
profit
|
18,381
|
|
13,710
|
|
13,848
|
|
42,479
|
|
37,939
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses:
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(4,274)
|
|
(3,621)
|
|
(2,986)
|
|
(10,670)
|
|
(8,701)
|
|
Selling, general and
administrative
|
(5,735)
|
|
(4,702)
|
|
(3,794)
|
|
(13,734)
|
|
(11,726)
|
|
Total operating
expenses
|
(10,009)
|
|
(8,323)
|
|
(6,780)
|
|
(24,404)
|
|
(20,427)
|
|
Operating
income
|
8,372
|
|
5,387
|
|
7,068
|
|
18,075
|
|
17,512
|
|
|
|
|
|
|
|
|
|
|
|
|
Net non-operating
(expenses) income:
|
|
|
|
|
|
|
|
|
|
|
Interest expense -
net
|
(971)
|
|
(819)
|
|
(350)
|
|
(2,147)
|
|
(1,150)
|
|
Foreign exchange gain
(loss)
|
262
|
|
(1,469)
|
|
33
|
|
(705)
|
|
2,723
|
|
Gain (loss) on
valuation of financial assets and liabilities
|
(112)
|
|
2,341
|
|
598
|
|
1,850
|
|
(2,566)
|
|
Gain (loss) on
equity-method investments
|
118
|
|
(201)
|
|
323
|
|
(527)
|
|
405
|
|
Others
|
448
|
|
7,681
|
|
143
|
|
8,267
|
|
6,126
|
|
Total non-operating
income (expenses)
|
(255)
|
|
7,533
|
|
747
|
|
6,738
|
|
5,538
|
|
Income before
tax
|
8,117
|
|
12,920
|
|
7,815
|
|
24,813
|
|
23,050
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax
expense
|
(1,554)
|
|
(1,268)
|
|
(1,083)
|
|
(4,242)
|
|
(5,176)
|
|
Income from
continuing operations and
before noncontrolling
interest
|
6,563
|
|
11,652
|
|
6,732
|
|
20,571
|
|
17,874
|
|
Noncontrolling
interest
|
(306)
|
|
(189)
|
|
(396)
|
|
(755)
|
|
(1,132)
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income
attributable to
shareholders of the
parent
|
6,257
|
|
11,463
|
|
6,336
|
|
19,816
|
|
16,742
|
|
|
|
|
|
|
|
|
|
|
|
|
Per share
data[3]:
|
|
|
|
|
|
|
|
|
|
|
Earnings (losses) per
share
|
|
|
|
|
|
|
|
|
|
|
– Basic
|
NT$1.47
|
|
NT$2.70
|
|
NT$1.52
|
|
NT$4.67
|
|
NT$4.16
|
|
– Diluted
|
NT$1.43
|
|
NT$2.69
|
|
NT$1.39
|
|
NT$4.60
|
|
NT$3.79
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings (losses) per
equivalent ADS
|
|
|
|
|
|
|
|
|
|
|
– Basic
|
US$0.096
|
|
US$0.183
|
|
US$0.100
|
|
US$0.313
|
|
US$0.272
|
|
– Diluted
|
US$0.094
|
|
US$0.182
|
|
US$0.092
|
|
US$0.308
|
|
US$0.248
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of weighted
average shares used in
diluted EPS calculation (in
thousands)
|
4,255,741
|
|
4,252,767
|
|
4,312,402
|
|
4,249,525
|
|
4,133,048
|
|
|
|
|
|
|
|
|
|
|
|
|
FX
(NTD/USD)
|
30.61
|
|
29.57
|
|
30.22
|
|
29.83
|
|
30.54
|
|
ASE Technology Holding Co.,
Ltd.
|
Summary of
Consolidated Statement of Comprehensive Income Data –
ATM
|
(In NT$ millions,
except per share data)
|
(Unaudited)
|
|
|
For the three months
ended
|
|
For the nine months
ended
|
|
Sep. 30
2018
|
|
Jun. 30
2018
|
|
Sep. 30
2017
|
|
Sep. 30
2018
|
|
Sep. 30
2017
|
|
Net
revenues:
|
|
|
|
|
|
|
|
|
|
|
Packaging
|
54,321
|
|
44,973
|
|
33,897
|
|
129,607
|
|
96,676
|
|
Testing
|
10,839
|
|
8,467
|
|
6,889
|
|
24,985
|
|
19,604
|
|
Direct
Material
|
1,134
|
|
1,059
|
|
1,048
|
|
3,243
|
|
2,943
|
|
Others
|
30
|
|
35
|
|
20
|
|
95
|
|
64
|
|
Total net
revenues
|
66,324
|
|
54,534
|
|
41,854
|
|
157,930
|
|
119,287
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(52,056)
|
|
(43,689)
|
|
(31,368)
|
|
(125,116)
|
|
(90,941)
|
|
Gross
profit
|
14,268
|
|
10,845
|
|
10,486
|
|
32,814
|
|
28,346
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses:
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(3,257)
|
|
(2,670)
|
|
(2,123)
|
|
(7,792)
|
|
(6,236)
|
|
Selling, general and
administrative
|
(4,298)
|
|
(3,577)
|
|
(2,639)
|
|
(10,293)
|
|
(8,301)
|
|
Total operating
expenses
|
(7,555)
|
|
(6,247)
|
|
(4,762)
|
|
(18,085)
|
|
(14,537)
|
|
Operating
income
|
6,713
|
|
4,598
|
|
5,724
|
|
14,729
|
|
13,809
|
|
|
|
|
|
|
|
|
|
|
|
|
Net non-operating
(expenses) income:
|
|
|
|
|
|
|
|
|
|
|
Interest expense -
net
|
(1,032)
|
|
(865)
|
|
(416)
|
|
(2,304)
|
|
(1,357)
|
|
Foreign exchange gain
(loss)
|
128
|
|
(1,612)
|
|
129
|
|
(799)
|
|
2,835
|
|
Gain (loss) on
valuation of financial assets and liabilities
|
(13)
|
|
2,337
|
|
365
|
|
1,822
|
|
(3,185)
|
|
Gain (loss) on
equity-method investments
|
1,230
|
|
359
|
|
1,249
|
|
1,629
|
|
7,260
|
|
Others
|
329
|
|
7,713
|
|
154
|
|
8,209
|
|
512
|
|
Total non-operating
income (expenses)
|
642
|
|
7,932
|
|
1,481
|
|
8,557
|
|
6,065
|
|
Income before
tax
|
7,355
|
|
12,530
|
|
7,205
|
|
23,286
|
|
19,874
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax
expense
|
(1,181)
|
|
(1,095)
|
|
(784)
|
|
(3,526)
|
|
(2,895)
|
|
Income from
continuing operations and
before noncontrolling
interest
|
6,174
|
|
11,435
|
|
6,421
|
|
19,760
|
|
16,979
|
|
Noncontrolling
interest
|
83
|
|
28
|
|
(85)
|
|
56
|
|
(237)
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income
attributable to
shareholders of the
parent
|
6,257
|
|
11,463
|
|
6,336
|
|
19,816
|
|
16,742
|
|
|
|
|
|
|
|
|
|
|
|
|
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
2018
|
|
Jun. 30
2018
|
|
Sep. 30
2017
|
|
Sep. 30
2018
|
|
Sep. 30
2017
|
|
Net
revenues:
|
|
|
|
|
|
|
|
|
|
|
Total net
revenues
|
42,009
|
|
30,476
|
|
33,100
|
|
101,176
|
|
90,711
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(37,846)
|
|
(27,608)
|
|
(29,691)
|
|
(91,445)
|
|
(81,067)
|
|
Gross
profit
|
4,163
|
|
2,868
|
|
3,409
|
|
9,731
|
|
9,644
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses:
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(1,041)
|
|
(969)
|
|
(877)
|
|
(2,936)
|
|
(2,516)
|
|
Selling, general and
administrative
|
(1,388)
|
|
(1,088)
|
|
(1,101)
|
|
(3,308)
|
|
(3,328)
|
|
Total operating
expenses
|
(2,429)
|
|
(2,057)
|
|
(1,978)
|
|
(6,244)
|
|
(5,844)
|
|
Operating
income
|
1,734
|
|
811
|
|
1,431
|
|
3,487
|
|
3,800
|
|
|
|
|
|
|
|
|
|
|
|
|
Net non-operating
(expenses) income:
|
|
|
|
|
|
|
|
|
|
|
Total non-operating
income
|
298
|
|
255
|
|
235
|
|
616
|
|
818
|
|
Income before
tax
|
2,032
|
|
1,066
|
|
1,666
|
|
4,103
|
|
4,618
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax
expense
|
(356)
|
|
(158)
|
|
(293)
|
|
(674)
|
|
(880)
|
|
Income from
continuing operations and
before noncontrolling
interest
|
1,676
|
|
908
|
|
1,373
|
|
3,429
|
|
3,738
|
|
Noncontrolling
interest
|
(397)
|
|
(219)
|
|
(338)
|
|
(823)
|
|
(940)
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income
attributable to
shareholders of the
parent
|
1,279
|
|
689
|
|
1,035
|
|
2,606
|
|
2,798
|
|
ASE Technology
Holding Co., Ltd.
|
Summary of
Consolidated Balance Sheet Data
|
(In NT$
millions)
|
(Unaudited)
|
|
|
As of Sep. 30,
2018
|
|
As of Jun. 30,
2018
|
|
|
|
|
|
|
|
|
Current
assets:
|
|
|
|
|
|
|
|
Cash and cash
equivalents
|
|
|
55,335
|
|
|
|
68,028
|
Financial assets –
current
|
|
|
8,278
|
|
|
|
16,966
|
Notes and accounts
receivable
|
|
|
79,809
|
|
|
|
69,791
|
Inventories
|
|
|
47,153
|
|
|
|
41,395
|
Others
|
|
|
10,625
|
|
|
|
10,507
|
Total current
assets
|
|
|
201,200
|
|
|
|
206,687
|
|
|
|
|
|
|
|
|
Financial assets –
non current & Investments – equity
method
|
|
|
13,698
|
|
|
|
13,202
|
Property plant and
equipment
|
|
|
216,200
|
|
|
|
218,447
|
Intangible
assets
|
|
|
80,857
|
|
|
|
81,589
|
Prepaid lease
payments
|
|
|
10,500
|
|
|
|
10,832
|
Others
|
|
|
13,516
|
|
|
|
14,214
|
Total
assets
|
|
|
535,971
|
|
|
|
544,971
|
|
|
|
|
|
|
|
|
Current
liabilities:
|
|
|
|
|
|
|
|
Short-term
borrowings
|
|
|
63,365
|
|
|
|
57,341
|
Current portion of
long-term borrowings & capital lease obligations
|
|
|
24,420
|
|
|
|
24,924
|
Notes and accounts
payable
|
|
|
60,470
|
|
|
|
47,587
|
Others
|
|
|
44,493
|
|
|
|
57,006
|
Total current
liabilities
|
|
|
192,748
|
|
|
|
186,858
|
|
|
|
|
|
|
|
|
Bonds
payable
|
|
|
16,985
|
|
|
|
16,984
|
Long-term borrowings
& capital lease obligations
|
|
|
103,386
|
|
|
|
117,388
|
Other
liabilities
|
|
|
11,719
|
|
|
|
11,786
|
Total
liabilities
|
|
|
324,838
|
|
|
|
333,016
|
|
|
|
|
|
|
|
|
Shareholders of the
parent
|
|
|
197,330
|
|
|
|
195,770
|
|
|
|
|
|
|
|
|
Noncontrolling
interest
|
|
|
13,803
|
|
|
|
16,185
|
|
|
|
|
|
|
|
|
Total liabilities
& shareholders' equity
|
|
|
535,971
|
|
|
|
544,971
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
Ratio
|
|
|
1.04
|
|
|
|
1.11
|
|
|
|
|
|
|
|
|
Net Debt to
Equity
|
|
|
0.68
|
|
|
|
0.62
|
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
|
|
|
2018
|
2018
|
2017
|
2018
|
2017
|
Cash Flows from
Operating Activities:
|
|
|
|
|
|
|
|
|
|
|
|
Profit before income
tax
|
|
8,117
|
|
12,920
|
|
7,814
|
|
24,813
|
|
23,050
|
|
Depreciation &
amortization
|
|
12,469
|
|
10,768
|
|
7,338
|
|
30,469
|
|
21,784
|
|
Other operating
activities items
|
|
(3,312)
|
|
(17,469)
|
|
(5,641)
|
|
(23,057)
|
|
(11,565)
|
|
Net cash generated
from operating activities
|
|
17,274
|
|
6,219
|
|
9,511
|
|
32,225
|
|
33,269
|
|
Cash Flows from
Investing Activities:
|
|
|
|
|
|
|
|
|
|
|
|
Net payments for
property, plant
and equipment
|
|
(13,078)
|
|
(11,641)
|
|
(4,702)
|
|
(30,266)
|
|
(18,427)
|
|
Other investment
activities items
|
|
7,622
|
|
(86,682)
|
|
778
|
|
(83,053)
|
|
3,947
|
|
Net cash used in
investing activities
|
|
(5,456)
|
|
(98,323)
|
|
(3,924)
|
|
(113,319)
|
|
(14,480)
|
|
Cash Flows from
Financing Activities:
|
|
|
|
|
|
|
|
|
|
|
|
Total net proceeds
from (repayment of) debts
|
|
(8,177)
|
|
120,857
|
|
(395)
|
|
112,176
|
|
(14,737)
|
|
Dividends
paid
|
|
(10,614)
|
|
0
|
|
(11,214)
|
|
(10,614)
|
|
(11,214)
|
|
Other financing
activities items
|
|
(4,115)
|
|
(5,483)
|
|
474
|
|
(11,183)
|
|
11,203
|
|
Net cash generated
from (used in) financing activities
|
|
(22,906)
|
|
115,374
|
|
(11,135)
|
|
90,379
|
|
(14,748)
|
|
Foreign currency
exchange effect
|
|
(1,605)
|
|
1,612
|
|
632
|
|
(28)
|
|
(3,459)
|
|
Net increase
(decrease) in cash
and cash
equivalents
|
|
(12,693)
|
|
24,882
|
|
(4,916)
|
|
9,257
|
|
582
|
|
Cash and cash
equivalents at the beginning of period
|
|
68,028
|
|
43,146
|
|
43,891
|
|
46,078
|
|
38,393
|
|
Cash and cash
equivalents at the
end of period
|
|
55,335
|
|
68,028
|
|
38,975
|
|
55,335
|
|
38,975
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
[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]Per share data for
the three months and nine months ended September 30, 2017 has been
retrospective adjusted to reflect the impact from the joint share
exchange agreement.
|
|
IR Contact:
Iris Wu,
Manager
iris.wu@asetechholding.com
Tel:
+886.2.6636.5678
http://www.aseglobal.com
|
US
contact:
Echo Lin, Senior
Associate
echo.lin@asetechholding.com
+1.510.687.2491
|
Grace Teng,
Manager
grace_teng@aseglobal.com
Tel:
+886.2.6636.5678
|
View original
content:http://www.prnewswire.com/news-releases/ase-technology-holding-co-ltd-reports-unaudited-consolidated-financial-results-for-the-third-quarter-of-2018-300740059.html
SOURCE ASE Technology Holding Co., Ltd.