TAIPEI, Oct. 26,
2023 /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$154,167 million for 3Q23, down by
18% year-over-year and up by 13% sequentially. Net income
attributable to shareholders of the parent for the quarter totaled
NT$8,776 million, down from
NT$17,465 million in 3Q22 and up from
NT$7,740 million in 2Q23. Basic
earnings per share for the quarter were NT$2.04 (or US$0.130 per ADS), compared to NT$4.03 for 3Q22 and NT$1.80 for 2Q23. Diluted earnings per
share for the quarter were NT$2.00
(or US$0.127 per ADS), compared to
NT$3.92 for 3Q22 and NT$1.76 for 2Q23.
RESULTS OF OPERATIONS
3Q23 Results Highlights – Consolidated
- Net revenues from packaging operations, testing operations, EMS
operations, and others represented approximately 45%, 8%, 46%, and
1% of the total net revenues for the quarter, respectively.
- Cost of revenues was NT$129,251
million for the quarter, up from NT$114,534 million in 2Q23.
- Raw material cost totaled NT$82,961
million for the quarter, representing 54% of the total net
revenues.
- Labor cost totaled NT$15,448
million for the quarter, representing 10% of the total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$13,104 million for the
quarter.
- Gross margin increased by 0.2 percentage points to 16.2% in
3Q23 from 16.0% in 2Q23.
- Operating margin was 7.4% in 3Q23, compared to 6.9% in
2Q23.
- In terms of non-operating items:
- Net interest expense was NT$1,247 million.
- Net foreign exchange loss was NT$2,090
million, primarily attributable to the appreciation of the
U.S. dollar against the New Taiwan dollar.
- Net gain on valuation of financial assets and liabilities was
NT$2,820 million.
- Net gain on equity-method investments was NT$656 million.
- Other net non-operating income was NT$708 million, primarily attributable to
miscellaneous income. Total non-operating income for the quarter
was NT$847 million.
- Income before tax was NT$12,252
million in 3Q23, compared to NT$10,111 million in 2Q23. We recorded income tax
expenses of NT$2,890 million for the
quarter, compared to NT$1,914 million
in 2Q23.
- Net income attributable to shareholders of the parent was
NT$8,776 million in 3Q23, compared to
NT$17,465 million in 3Q22 and
NT$7,740 million in 2Q23.
- Our total number of shares outstanding at the end of the
quarter was 4,380,199,187, including treasury stock owned by our
subsidiaries in 3Q23. Our 3Q23 basic earnings per share of
NT$2.04 (or US$0.130 per ADS) were based on 4,296,577,819
weighted average numbers of shares outstanding in 3Q23. Our
3Q23 diluted earnings per share of NT$2.00 (or US$0.127 per ADS) were based on 4,347,752,000
weighted average number of shares outstanding in 3Q23.
3Q23 Results Highlights – ATM
- Net revenues were NT$83,684
million for the quarter, down by 15% year-over-year and up
by 10% sequentially.
- Cost of revenues was NT$65,094 million for the quarter, down by
7% year-over-year and up by 9% sequentially.
- Raw material cost totaled NT$25,373
million for the quarter, representing 30% of the total net
revenues.
- Labor cost totaled NT$12,463
million for the quarter, representing 15% of the total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$11,752 million for the
quarter.
- Gross margin increased by 1.0 percentage points to 22.2% in
3Q23 from 21.2% in 2Q23.
- Operating margin was 10.5% in 3Q23, compared to 9.7% in
2Q23.
3Q23 Results Highlights – EMS
- Net revenues were NT$70,970
million, down by 22% year-over-year and up by 18%
sequentially.
- Cost of revenues for the quarter was NT$64,500 million, down by 21% year-over-year and
up by 18% sequentially.
- Raw material cost totaled NT$57,545
million for the quarter, representing 81% of the total net
revenues.
- Labor cost totaled NT$2,870
million for the quarter, representing 4% of the total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$1,093 million for the
quarter.
- Gross margin decreased by 0.2 percentage points to 9.1% in 3Q23
from 9.3% in 2Q23.
- Operating margin was 3.9% in 3Q23, compared to 3.5% in
2Q23.
LIQUIDITY AND CAPITAL RESOURCES
- Capital expenditures in 3Q23 totaled US$239 million, of which US$121 million was used in packaging operations,
US$89 million in testing operations,
US$28 million in EMS operations and
US$1 million in interconnect
materials operations and others.
- Total unused credit lines amounted to NT$347,011 million as of September 30, 2023.
- Current ratio was 1.21 and net debt to equity ratio was 0.47 as
of September 30, 2023.
- Total number of employees was 93,289 as of September 30, 2023, compared to 93,950 as of
June 30, 2023.
BUSINESS REVIEW
Customers
ATM BASIS
- Our five largest customers together accounted for approximately
42% of our total net revenues in 3Q23, compared to 41% in
2Q23. One customer accounted for more than 10% of our total
net revenues in 3Q23.
- Our top 10 customers contributed 57% of our total net revenues
in both 3Q23 and 2Q23.
- Our customers that are integrated device manufacturers or IDMs
accounted for 31% of our total net revenues in 3Q23, compared
to 33% in 2Q23.
EMS BASIS
- Our five largest customers together accounted for approximately
70% of our total net revenues in 3Q23, compared to 68% in 2Q23.
One customer accounted for more than 10% of our total net
revenues in 3Q23.
- Our top 10 customers contributed 78% of our total net revenues
in 3Q23, compared to 75% in 2Q23.
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 2022
Annual Report on Form 20-F filed on April
10, 2023.
Supplemental Financial
Information
(Unaudited)
Consolidated Operations
|
3Q23
|
2Q23
|
3Q22
|
|
EBITDA (NT$
million)
|
27,822
|
25,770
|
38,601
|
ATM Operations
|
3Q23
|
2Q23
|
3Q22
|
|
Net Revenues (NT$
million)
|
83,684
|
76,108
|
98,831
|
|
Revenues by
Application
|
|
|
|
|
Communication
|
52 %
|
49 %
|
53 %
|
|
Computing
|
19 %
|
18 %
|
16 %
|
|
Automotive, Consumer
& Others
|
29 %
|
33 %
|
31 %
|
|
Revenues by
Type
|
|
|
|
|
Bumping, Flip Chip,
WLP & SiP
|
44 %
|
41 %
|
42 %
|
|
Wirebonding
|
32 %
|
34 %
|
34 %
|
|
Others
|
8 %
|
7 %
|
7 %
|
|
Testing
|
15 %
|
16 %
|
15 %
|
|
Material
|
1 %
|
2 %
|
2 %
|
|
Capacity &
EBITDA
|
|
|
|
|
CapEx (US$
million)*
|
210
|
176
|
348
|
|
EBITDA (NT$
million)
|
23,117
|
21,643
|
31,657
|
|
Number of
Wirebonders
|
26,215
|
25,880
|
25,887
|
|
Number of
Testers
|
5,510
|
5,495
|
5,406
|
EMS Operations
|
3Q23
|
2Q23
|
3Q22
|
|
Net Revenues (NT$
million)
|
70,970
|
60,424
|
90,665
|
|
Revenues by
Application
|
|
|
|
|
Communication
|
34 %
|
34 %
|
37 %
|
|
Computing
|
8 %
|
8 %
|
9 %
|
|
Consumer
|
37 %
|
33 %
|
36 %
|
|
Industrial
|
12 %
|
15 %
|
11 %
|
|
Automotive
|
7 %
|
8 %
|
6 %
|
|
Others
|
2 %
|
2 %
|
1 %
|
|
Capacity
|
|
|
|
|
CapEx (US$
million)*
|
28
|
33
|
50
|
* Capital expenditure excludes building construction
costs.
|
ASE Technology
Holding Co., Ltd.
|
|
Summary of
Consolidated Statement of Income Data
|
|
(In NT$
million, except per share data)
|
|
(Unaudited)
|
|
|
|
|
|
For the three months
ended
|
|
For the nine months
ended
|
|
Sep. 30
2023
|
|
Jun. 30
2023
|
|
Sep. 30
2022
|
|
Sep. 30
2023
|
|
Sep. 30
2022
|
|
|
Net revenues
|
|
|
|
|
|
|
|
|
|
|
|
Packaging
|
68,709
|
|
61,846
|
|
80,541
|
|
190,584
|
|
227,318
|
|
|
Testing
|
12,819
|
|
12,292
|
|
14,942
|
|
36,518
|
|
41,285
|
|
|
EMS
|
70,948
|
|
60,384
|
|
90,660
|
|
189,063
|
|
218,036
|
|
|
Others
|
1,691
|
|
1,753
|
|
2,483
|
|
5,168
|
|
6,817
|
|
|
Total net
revenues
|
154,167
|
|
136,275
|
|
188,626
|
|
421,333
|
|
493,456
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(129,251)
|
|
(114,534)
|
|
(150,654)
|
|
(355,337)
|
|
(392,625)
|
|
|
Gross profit
|
24,916
|
|
21,741
|
|
37,972
|
|
65,996
|
|
100,831
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses
|
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(6,759)
|
|
(6,218)
|
|
(6,262)
|
|
(18,549)
|
|
(17,419)
|
|
|
Selling, general and
administrative
|
(6,752)
|
|
(6,111)
|
|
(8,027)
|
|
(18,934)
|
|
(23,010)
|
|
|
Total operating
expenses
|
(13,511)
|
|
(12,329)
|
|
(14,289)
|
|
(37,483)
|
|
(40,429)
|
|
|
Operating
income
|
11,405
|
|
9,412
|
|
23,683
|
|
28,513
|
|
60,402
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net non-operating
income and expenses
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense -
net
|
(1,247)
|
|
(1,100)
|
|
(966)
|
|
(3,424)
|
|
(2,240)
|
|
|
Foreign exchange gain
(loss)
|
(2,090)
|
|
(1,188)
|
|
(2,818)
|
|
(2,733)
|
|
(5,223)
|
|
|
Gain on valuation of
financial assets and liabilities
|
2,820
|
|
1,914
|
|
2,878
|
|
4,837
|
|
5,827
|
|
|
Gain (loss) on
equity-method investments
|
656
|
|
326
|
|
358
|
|
970
|
|
1,043
|
|
|
Others
|
708
|
|
747
|
|
480
|
|
2,070
|
|
1,605
|
|
|
Total non-operating
income and expenses
|
847
|
|
699
|
|
(68)
|
|
1,720
|
|
1,012
|
|
|
Income before
tax
|
12,252
|
|
10,111
|
|
23,615
|
|
30,233
|
|
61,414
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax
expense
|
(2,890)
|
|
(1,914)
|
|
(5,046)
|
|
(6,582)
|
|
(12,803)
|
|
|
Income from operations
and before non-controlling interests
|
9,362
|
|
8,197
|
|
18,569
|
|
23,651
|
|
48,611
|
|
|
Non-controlling
interests
|
(586)
|
|
(457)
|
|
(1,104)
|
|
(1,318)
|
|
(2,251)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable
to shareholders of the parent
|
8,776
|
|
7,740
|
|
17,465
|
|
22,333
|
|
46,360
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Per share
data:
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per
share
|
|
|
|
|
|
|
|
|
|
|
|
– Basic
|
NT$2.04
|
|
NT$1.80
|
|
NT$4.03
|
|
NT$5.20
|
|
NT$10.74
|
|
|
– Diluted
|
NT$2.00
|
|
NT$1.76
|
|
NT$3.92
|
|
NT$5.05
|
|
NT$10.34
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per equivalent
ADS
|
|
|
|
|
|
|
|
|
|
|
|
– Basic
|
US$0.130
|
|
US$0.118
|
|
US$0.268
|
|
US$0.338
|
|
US$0.739
|
|
|
– Diluted
|
US$0.127
|
|
US$0.115
|
|
US$0.260
|
|
US$0.328
|
|
US$0.711
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of weighted
average shares used in diluted EPS calculation ( in thousand
shares)
|
4,347,752
|
|
4,342,948
|
|
4,373,878
|
|
4,346,129
|
|
4,368,634
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FX (NTD/USD)
|
31.45
|
|
30.57
|
|
30.10
|
|
30.81
|
|
29.07
|
|
|
ASE Technology
Holding Co., Ltd.
|
|
Summary of ATM
Statement of Income Data
|
|
(In NT$
million)
|
|
(Unaudited)
|
|
|
|
|
|
For the three months
ended
|
|
For the nine months
ended
|
|
Sep. 30
2023
|
|
Jun. 30
2023
|
|
Sep. 30
2022
|
|
Sep. 30
2023
|
|
Sep. 30
2022
|
|
|
Net revenues
|
|
|
|
|
|
|
|
|
|
|
|
Packaging
|
69,731
|
|
62,607
|
|
82,090
|
|
193,108
|
|
231,905
|
|
|
Testing
|
12,819
|
|
12,292
|
|
14,941
|
|
36,518
|
|
41,284
|
|
|
Direct
Material
|
1,098
|
|
1,165
|
|
1,765
|
|
3,369
|
|
4,532
|
|
|
Others
|
36
|
|
44
|
|
35
|
|
116
|
|
133
|
|
|
Total net
revenues
|
83,684
|
|
76,108
|
|
98,831
|
|
233,111
|
|
277,854
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(65,094)
|
|
(59,947)
|
|
(69,999)
|
|
(183,611)
|
|
(198,154)
|
|
|
Gross profit
|
18,590
|
|
16,161
|
|
28,832
|
|
49,500
|
|
79,700
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses
|
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(5,344)
|
|
(4,748)
|
|
(4,901)
|
|
(14,361)
|
|
(13,491)
|
|
|
Selling, general and
administrative
|
(4,426)
|
|
(4,008)
|
|
(5,268)
|
|
(12,505)
|
|
(15,540)
|
|
|
Total operating
expenses
|
(9,770)
|
|
(8,756)
|
|
(10,169)
|
|
(26,866)
|
|
(29,031)
|
|
|
Operating
income
|
8,820
|
|
7,405
|
|
18,663
|
|
22,634
|
|
50,669
|
|
|
ASE Technology
Holding Co., Ltd.
|
|
Summary of EMS
Statement of Income Data
|
|
(In NT$
million)
|
|
(Unaudited)
|
|
|
|
|
|
For the three months
ended
|
|
For the nine months
ended
|
|
Sep. 30
2023
|
|
Jun. 30
2023
|
|
Sep. 30
2022
|
|
Sep. 30
2023
|
|
Sep. 30
2022
|
|
|
Net revenues
|
|
|
|
|
|
|
|
|
|
|
|
Total net
revenues
|
70,970
|
|
60,424
|
|
90,665
|
|
189,127
|
|
218,049
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(64,500)
|
|
(54,785)
|
|
(81,467)
|
|
(172,451)
|
|
(196,821)
|
|
|
Gross profit
|
6,470
|
|
5,639
|
|
9,198
|
|
16,676
|
|
21,228
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses
|
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(1,453)
|
|
(1,527)
|
|
(1,392)
|
|
(4,304)
|
|
(4,021)
|
|
|
Selling, general and
administrative
|
(2,250)
|
|
(2,023)
|
|
(2,676)
|
|
(6,191)
|
|
(7,210)
|
|
|
Total operating
expenses
|
(3,703)
|
|
(3,550)
|
|
(4,068)
|
|
(10,495)
|
|
(11,231)
|
|
|
Operating
income
|
2,767
|
|
2,089
|
|
5,130
|
|
6,181
|
|
9,997
|
|
|
ASE Technology
Holding Co., Ltd.
|
|
Summary of
Consolidated Balance Sheet Data
|
|
(In NT$
million)
|
|
(Unaudited)
|
|
|
|
|
|
|
|
|
|
|
As of Sep. 30,
2023
|
|
|
As of Jun. 30,
2023
|
|
Current
assets
|
|
|
|
|
|
|
|
Cash and cash
equivalents
|
|
|
62,812
|
|
|
59,351
|
|
Financial assets –
current
|
|
|
9,055
|
|
|
7,040
|
|
Trade
receivables
|
|
|
114,078
|
|
|
98,671
|
|
Inventories
|
|
|
76,953
|
|
|
77,568
|
|
Others
|
|
|
29,791
|
|
|
28,400
|
|
Total current
assets
|
|
|
292,689
|
|
|
271,030
|
|
|
|
|
|
|
|
|
Financial assets –
non-current & Investments – equity method
|
|
|
28,402
|
|
|
26,761
|
|
Property, plant and
equipment
|
|
|
267,316
|
|
|
262,604
|
|
Right-of-use
assets
|
|
|
10,758
|
|
|
10,691
|
|
Intangible
assets
|
|
|
70,538
|
|
|
71,298
|
|
Others
|
|
|
31,381
|
|
|
30,137
|
|
Total assets
|
|
|
701,084
|
|
|
672,521
|
|
|
|
|
|
|
|
|
Current
liabilities
|
|
|
|
|
|
|
|
Short-term
borrowings[2]
|
|
|
69,639
|
|
|
37,798
|
|
Current portion of
bonds payable &
Current portion of long-term
borrowings
|
|
|
24,219
|
|
|
18,191
|
|
Trade
payables
|
|
|
79,053
|
|
|
67,225
|
|
Others
|
|
|
68,600
|
|
|
102,551
|
|
Total current
liabilities
|
|
|
241,511
|
|
|
225,765
|
|
|
|
|
|
|
|
|
Bonds
payable
|
|
|
23,589
|
|
|
33,462
|
|
Long-term
borrowings[3]
|
|
|
94,322
|
|
|
90,224
|
|
Other
liabilities
|
|
|
26,026
|
|
|
25,653
|
|
Total
liabilities
|
|
|
385,448
|
|
|
375,104
|
|
|
|
|
|
|
|
|
Equity attributable
to shareholders of the
parent
|
|
|
295,611
|
|
|
278,624
|
|
Non-controlling
interests
|
|
|
20,025
|
|
|
18,793
|
|
Total liabilities &
shareholders' equity
|
|
|
701,084
|
|
|
672,521
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
ratio
|
|
|
1.21
|
|
|
1.20
|
|
Net debt to equity
ratio
|
|
|
0.47
|
|
|
0.41
|
|
ASE Technology Holding Co.,
Ltd.
|
|
|
Summary of Consolidated Statement of Cash Flow
Data
|
|
|
(In NT$
million)
|
|
|
(Unaudited)
|
|
|
|
|
|
|
|
|
|
For the three months
ended
|
|
For the nine months
ended
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sep. 30
|
|
Jun. 30
|
|
Sep. 30
|
|
Sep. 30
|
|
Sep. 30
|
|
|
|
2023
|
|
2023
|
|
2022
|
|
2023
|
|
2022
|
|
|
Cash Flows from
Operating Activities
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit before income
tax
|
|
12,252
|
|
10,111
|
|
23,615
|
|
30,233
|
|
61,414
|
|
|
Depreciation &
amortization
|
|
14,568
|
|
14,488
|
|
13,947
|
|
43,495
|
|
41,199
|
|
|
Other operating
activities items
|
|
(5,940)
|
|
(8,643)
|
|
(18,944)
|
|
(6,134)
|
|
(41,788)
|
|
|
Net cash generated from
operating activities
|
|
20,880
|
|
15,956
|
|
18,618
|
|
67,594
|
|
60,825
|
|
|
Cash Flows from
Investing Activities
|
|
|
|
|
|
|
|
|
|
|
|
|
Net payments for
property, plant
and
equipment
|
|
(14,471)
|
|
(12,146)
|
|
(17,219)
|
|
(41,824)
|
|
(51,693)
|
|
|
Other investment
activities items
|
|
(152)
|
|
(2,285)
|
|
288
|
|
(2,022)
|
|
(710)
|
|
|
Net cash used in
investing activities
|
|
(14,623)
|
|
(14,431)
|
|
(16,931)
|
|
(43,846)
|
|
(52,403)
|
|
|
Cash Flows from
Financing Activities
|
|
|
|
|
|
|
|
|
|
|
|
|
Total net proceeds
from (repayment of) borrowings and bonds
|
|
28,640
|
|
(3,395)
|
|
1,111
|
|
13,624
|
|
(13,179)
|
|
|
Dividends
paid
|
|
(37,841)
|
|
-
|
|
(29,991)
|
|
(37,841)
|
|
(29,991)
|
|
|
Other financing
activities items
|
|
(38)
|
|
(1,056)
|
|
(228)
|
|
(977)
|
|
(1,390)
|
|
|
Net cash used in
financing activities
|
|
(9,239)
|
|
(4,451)
|
|
(29,108)
|
|
(25,194)
|
|
(44,560)
|
|
|
Foreign currency
exchange effect
|
|
6,444
|
|
481
|
|
6,933
|
|
6,479
|
|
12,423
|
|
|
Net increase (decrease)
in cash
and cash
equivalents
|
|
3,462
|
|
(2,445)
|
|
(20,488)
|
|
5,033
|
|
(23,715)
|
|
|
Cash and cash
equivalents at the beginning of period
|
|
59,351
|
|
62,056
|
|
72,846
|
|
58,040
|
|
76,073
|
|
|
Cash and cash
equivalents at the
end of
period
|
|
62,813
|
|
59,611
|
|
52,358
|
|
63,073
|
|
52,358
|
|
|
Cash and cash
equivalents in the consolidated
balance sheet
|
|
62,812
|
|
59,351
|
|
52,358
|
|
62,812
|
|
52,358
|
|
|
Cash and cash
equivalents included in disposal groups held for sale
|
|
1
|
|
260
|
|
-
|
|
261
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
[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] Short-term
borrowings include short-term loans and bills payable.
|
|
[3] Long-term
borrowings include long-term loans and bills payable.
|
Investor Relations Contact
ir@aseglobal.com
Tel: +886.2.6636.5678
https://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-third-quarter-of-2023-301968267.html
SOURCE ASE Technology Holding Co., Ltd.