ASX FY 2014 Earnings Report — ASE Technology Holding Co., Ltd. Revenue & Financial Results | Market Cap Arena

ASE Technology Holding Co., Ltd.ASX

FY 2014 Earnings

Reported December 30, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$8.3B	—	$6.9B	—	20.1%
Op. Income	$954M	—	$689M	—	38.4%
Gross Margin	20.1%	—	18.5%	—	1.5pp
Net Margin	9.2%	—	7.1%	—	2.1pp
EPS (Diluted)	$0.37	—	$0.27	—	39.8%
Free Cash Flow	$175M	—	$377M	—	-53.6%

Revenue Flow

Item	Amount
REVENUE	$8.3B
Cost of Revenue	$6.6B
GROSS PROFIT	$1.7B
R&D Expenses	$331M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$371M
Other Expenses	$0
Operating Expenses	$702M
Cost & Expenses	$7.3B
OPERATING INCOME	$954M
Interest Income	$8M
Interest Expense	$66M
Other Income/Expenses	-$35M
INCOME BEFORE TAX	$919M
Income Tax Expense	$137M
Net Income from Continuing Ops	$781M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$761M
Net Income Deductions	-$22M
BOTTOM LINE NET INCOME	$782M
D&A	$848M
EBIT	$1.0B
EBITDA	$1.9B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$8.3B
Cost of Revenue	$6.6B
GROSS PROFIT	$1.7B
R&D Expenses	$331M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$371M
Other Expenses	$0
Operating Expenses	$702M
Cost & Expenses	$7.3B
OPERATING INCOME	$954M
Interest Income	$8M
Interest Expense	$66M
Other Income/Expenses	-$35M
INCOME BEFORE TAX	$919M
Income Tax Expense	$137M
Net Income from Continuing Ops	$781M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$761M
Net Income Deductions	-$22M
BOTTOM LINE NET INCOME	$782M
D&A	$848M
EBIT	$1.0B
EBITDA	$1.9B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$761M
Depreciation & Amortization	$848M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$120M
Change in Working Capital	-$279M
OPERATING CASH FLOW	$1.4B
Capital Expenditure	-$1.3B
Acquisitions (Net)	$332M
Purchases of Investments	-$3.6B
Sales/Maturities of Investments	$3.7B
Other Investing Activities	-$15M
NET CASH FROM INVESTING	-$930M
Net Debt Issuance	-$136M
Common Stock Repurchased	$0
Common Dividends Paid	-$321M
Other Financing Activities	-$92.6K
NET CASH FROM FINANCING	-$409M
FREE CASH FLOW	$175M
Net Change in Cash	$122M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.6B
Short-Term Investments	$227M
Net Receivables	$1.7B
Inventory	$1.4B
Other Current Assets	$109M
TOTAL CURRENT ASSETS	$5.1B
PP&E (Net)	$4.8B
Goodwill	$332M
Intangible Assets	$47M
Long-Term Investments	$88M
Tax Assets	$135M
Other Non-Current Assets	$102M
TOTAL NON-CURRENT ASSETS	$5.5B
TOTAL ASSETS	$10.6B
Account Payables	$1.1B
Short-Term Debt	$1.4B
Deferred Revenue	$15M
Other Current Liabilities	$463M
TOTAL CURRENT LIABILITIES	$3.6B
Long-Term Debt	$1.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$125M
Other Non-Current Liabilities	$160M
TOTAL NON-CURRENT LIABILITIES	$2.0B
TOTAL LIABILITIES	$5.7B
Common Stock	$2.5B
Additional Paid-In Capital	$508M
Retained Earnings	$1.1B
Treasury Stock	-$62M
Accum. Other Comp. Income	$433M
Other Equity	$161M
TOTAL STOCKHOLDERS' EQUITY	$4.7B
Minority Interest	$261M
TOTAL EQUITY	$4.9B
TOTAL LIABILITIES & EQUITY	$10.6B
Total Debt	$3.2B
Net Debt	$1.5B