(Unaudited)
For the nine months
For the three months ended ended
==================================== ======================
Jun. 30 2024
Sep. 30 (Retrospectively Sep. 30 Sep. 30 Sep. 30
2024 Adjusted) 2023 2024 2023
Net revenues
Total net
revenues 75,384 62,907 70,970 197,656 189,127
-------- ---------------- -------- --------- ---------
Cost of revenues (68,627) (56,882) (64,500) (179,422) (172,451)
--------- ---------
Gross profit 6,757 6,025 6,470 18,234 16,676
-------- ---------------- -------- --------- ---------
Operating
expenses
Research and
development (1,668) (1,668) (1,453) (4,869) (4,304)
Selling,
general and
administrative (2,636) (2,415) (2,250) (7,360) (6,191)
--------- ---------
Total operating
expenses (4,304) (4,083) (3,703) (12,229) (10,495)
--------- ---------
Operating income 2,453 1,942 2,767 6,005 6,181
-------- ---------------- -------- --------- ---------
ASE Technology Holding Co., Ltd.
Summary of Consolidated Balance Sheet Data
(In NT$ million)
(Unaudited)
As of Jun. 30, 2024
(Retrospectively
As of Sep. 30, 2024 Adjusted)
=================== ======================
Current assets
Cash and cash
equivalents 71,711 66,173
Financial assets --
current 6,643 9,162
Trade receivables 114,061 102,361
Inventories 68,986 63,495
Others 17,364 29,144
------------------- ----------------------
Total current assets 278,765 270,335
Financial assets --
non-current &
Investments -- equity
-method 42,300 30,887
Property, plant and
equipment 283,447 271,870
Right-of-use assets 11,499 11,292
Intangible assets 68,038 68,316
Others 30,510 30,291
------------------- ----------------------
Total assets 714,559 682,991
=================== ======================
Current liabilities
Short-term
borrowings([4]) 56,726 51,065
Current portion of bonds
payable & Current
portion of long-term
borrowings 23,531 18,655
Trade payables 82,595 70,906
Others 72,830 89,495
------------------- ----------------------
Total current liabilities 235,682 230,121
Bonds payable 17,073 21,976
Long-term borrowings 108,003 84,414
Other liabilities 22,748 23,053
------------------- ----------------------
Total liabilities 383,506 359,564
Equity attributable to
shareholders of the
parent 309,399 302,323
Non-controlling interests 21,654 21,104
------------------- ----------------------
Total liabilities &
shareholders' equity 714,559 682,991
=================== ======================
Current ratio 1.18 1.17
Net debt to equity ratio 0.41 0.34
ASE Technology Holding Co., Ltd.
Summary of Consolidated Statement of Cash Flow Data
(In NT$ million)
(Unaudited)
For the three For the nine
months ended months ended
-------------------------- ==================
Jun. 30 2024
Sep. 30 (Retrospectively Sep. 30 Sep. 30 Sep. 30
2024 Adjusted) 2023 2024 2023
Cash Flows from
Operating
Activities
Profit before
income tax 12,260 10,105 12,252 30,177 30,233
Depreciation &
amortization 15,037 14,813 14,568 44,449 43,495
Other operating
activities
items (5,235) (8,132) (5,940) (19,083) (6,134)
-------- ---------------- -------- -------- --------
Net cash
generated from
operating
activities 22,062 16,786 20,880 55,543 67,594
-------- ---------------- -------- -------- --------
Cash Flows from
Investing
Activities
Net payments
for property,
plant and
equipment (19,769) (14,786) (14,471) (47,068) (41,824)
Other investment
activities
items (2,593) 304 (151) (5,284) (2,021)
Net cash used in
investing
activities (22,362) (14,482) (14,622) (52,352) (43,845)
-------- ---------------- -------- -------- --------
Cash Flows from
Financing
Activities
Total net
proceeds from
(repayment of)
borrowings and
bonds 30,909 (12,330) 28,640 18,439 13,624
Dividends paid (22,460) - (37,841) (22,460) (37,841)
Other financing
activities
items (51) (1,093) (38) (1,177) (977)
Net cash
generated from
(used in)
financing
activities 8,398 (13,423) (9,239) (5,198) (25,194)
-------- ---------------- -------- -------- --------
Foreign currency
exchange effect (2,560) 2,187 6,443 6,434 6,478
-------- ---------------- -------- -------- --------
Net increase
(decrease) in
cash and cash
equivalents 5,538 (8,932) 3,462 4,427 5,033
-------- ---------------- -------- -------- --------
Cash and cash
equivalents at
the beginning of
period 66,173 75,105 59,351 67,284 58,040
-------- ---------------- -------- -------- --------
Cash and cash
equivalents at
the end of
period 71,711 66,173 62,813 71,711 63,073
-------- ---------------- -------- -------- --------
Cash and cash
equivalents in
the consolidated
balance sheet 71,711 66,173 62,812 71,711 62,812
-------- ---------------- -------- -------- --------
Cash and cash
equivalents
included in
disposal groups
held for sale - - 1 - 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] EBITDA stands for net income or loss before interest,
taxes, depreciation, amortization, impairment and investment gain or loss as
well as other items. [3] Capital expenditure excludes building construction
costs. [4] Short-term borrowings include short-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-2024-302292377.html
SOURCE ASE Technology Holding Co., Ltd.
(END) Dow Jones Newswires
October 31, 2024 02:45 ET (06:45 GMT)
Comments