ASX FY 2013 Earnings Report — ASE Technology Holding Co., Ltd. Revenue & Financial Results | Market Cap Arena

ASE Technology Holding Co., Ltd.ASX

FY 2013 Earnings

Reported December 30, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2013	Prior Q	FY 2012	QoQ Change	YoY Change
Revenue	$6.9B	—	$6.1B	—	13.1%
Op. Income	$689M	—	$554M	—	24.3%
Gross Margin	18.5%	—	17.8%	—	0.7pp
Net Margin	7.1%	—	6.7%	—	0.4pp
EPS (Diluted)	$0.27	—	$0.22	—	23.4%
Free Cash Flow	$377M	—	-$189M	—	299.9%

Revenue Flow

Item	Amount
REVENUE	$6.9B
Cost of Revenue	$5.6B
GROSS PROFIT	$1.3B
R&D Expenses	$284M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$302M
Other Expenses	$0
Operating Expenses	$585M
Cost & Expenses	$6.2B
OPERATING INCOME	$689M
Interest Income	$7M
Interest Expense	$65M
Other Income/Expenses	-$84M
INCOME BEFORE TAX	$605M
Income Tax Expense	$100M
Net Income from Continuing Ops	$505M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$490M
Net Income Deductions	-$763.9K
BOTTOM LINE NET INCOME	$491M
D&A	$796M
EBIT	$686M
EBITDA	$1.5B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$6.9B
Cost of Revenue	$5.6B
GROSS PROFIT	$1.3B
R&D Expenses	$284M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$302M
Other Expenses	$0
Operating Expenses	$585M
Cost & Expenses	$6.2B
OPERATING INCOME	$689M
Interest Income	$7M
Interest Expense	$65M
Other Income/Expenses	-$84M
INCOME BEFORE TAX	$605M
Income Tax Expense	$100M
Net Income from Continuing Ops	$505M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$490M
Net Income Deductions	-$763.9K
BOTTOM LINE NET INCOME	$491M
D&A	$796M
EBIT	$686M
EBITDA	$1.5B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$490M
Depreciation & Amortization	$796M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$106M
Change in Working Capital	-$104M
OPERATING CASH FLOW	$1.3B
Capital Expenditure	-$911M
Acquisitions (Net)	$3M
Purchases of Investments	-$1.8B
Sales/Maturities of Investments	$1.8B
Other Investing Activities	-$3M
NET CASH FROM INVESTING	-$936M
Net Debt Issuance	$477M
Common Stock Repurchased	$0
Common Dividends Paid	-$245M
Other Financing Activities	-$4M
NET CASH FROM FINANCING	$368M
FREE CASH FLOW	$377M
Net Change in Cash	$763M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.4B
Short-Term Investments	$172M
Net Receivables	$1.4B
Inventory	$1.1B
Other Current Assets	$97M
TOTAL CURRENT ASSETS	$4.2B
PP&E (Net)	$4.2B
Goodwill	$328M
Intangible Assets	$51M
Long-Term Investments	$86M
Tax Assets	$117M
Other Non-Current Assets	$150M
TOTAL NON-CURRENT ASSETS	$4.9B
TOTAL ASSETS	$9.1B
Account Payables	$920M
Short-Term Debt	$1.6B
Deferred Revenue	$611.0K
Other Current Liabilities	$315M
TOTAL CURRENT LIABILITIES	$3.2B
Long-Term Debt	$1.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$85M
Other Non-Current Liabilities	$193M
TOTAL NON-CURRENT LIABILITIES	$1.9B
TOTAL LIABILITIES	$5.1B
Common Stock	$2.5B
Additional Paid-In Capital	$251M
Retained Earnings	$800M
Treasury Stock	-$62M
Accum. Other Comp. Income	$393M
Other Equity	-$3M
TOTAL STOCKHOLDERS' EQUITY	$3.9B
Minority Interest	$131M
TOTAL EQUITY	$4.0B
TOTAL LIABILITIES & EQUITY	$9.1B
Total Debt	$3.2B
Net Debt	$1.8B