ASX FY 2017 Earnings Report — ASE Technology Holding Co., Ltd. Revenue & Financial Results | Market Cap Arena

ASE Technology Holding Co., Ltd.ASX

FY 2017 Earnings

Reported December 30, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$9.1B	—	$8.7B	—	4.5%
Op. Income	$796M	—	$848M	—	-6.2%
Gross Margin	17.4%	—	18.5%	—	-1.1pp
Net Margin	7.9%	—	7.9%	—	0.0pp
EPS (Diluted)	$0.33	—	$0.30	—	11.5%
Free Cash Flow	$721M	—	$773M	—	-6.7%

Revenue Flow

Item	Amount
REVENUE	$9.1B
Cost of Revenue	$7.5B
GROSS PROFIT	$1.6B
R&D Expenses	$369M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$422M
Other Expenses	$0
Operating Expenses	$791M
Cost & Expenses	$8.3B
OPERATING INCOME	$796M
Interest Income	$10M
Interest Expense	$46M
Other Income/Expenses	$176M
INCOME BEFORE TAX	$971M
Income Tax Expense	$197M
Net Income from Continuing Ops	$775M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$722M
Net Income Deductions	$34M
BOTTOM LINE NET INCOME	$688M
D&A	$913M
EBIT	$1.0B
EBITDA	$1.9B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$9.1B
Cost of Revenue	$7.5B
GROSS PROFIT	$1.6B
R&D Expenses	$369M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$422M
Other Expenses	$0
Operating Expenses	$791M
Cost & Expenses	$8.3B
OPERATING INCOME	$796M
Interest Income	$10M
Interest Expense	$46M
Other Income/Expenses	$176M
INCOME BEFORE TAX	$971M
Income Tax Expense	$197M
Net Income from Continuing Ops	$775M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$722M
Net Income Deductions	$34M
BOTTOM LINE NET INCOME	$688M
D&A	$913M
EBIT	$1.0B
EBITDA	$1.9B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$722M
Depreciation & Amortization	$913M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$59M
Change in Working Capital	-$197M
OPERATING CASH FLOW	$1.5B
Capital Expenditure	-$776M
Acquisitions (Net)	$260M
Purchases of Investments	-$2.0B
Sales/Maturities of Investments	$2.0B
Other Investing Activities	$9M
NET CASH FROM INVESTING	-$513M
Net Debt Issuance	-$617M
Common Stock Repurchased	$0
Common Dividends Paid	-$352M
Other Financing Activities	$1M
NET CASH FROM FINANCING	-$599M
FREE CASH FLOW	$721M
Net Change in Cash	$341M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.5B
Short-Term Investments	$183M
Net Receivables	$1.8B
Inventory	$1.1B
Other Current Assets	$79M
TOTAL CURRENT ASSETS	$4.6B
PP&E (Net)	$4.3B
Goodwill	$315M
Intangible Assets	$45M
Long-Term Investments	$1.6B
Tax Assets	$127M
Other Non-Current Assets	$552M
TOTAL NON-CURRENT ASSETS	$6.9B
TOTAL ASSETS	$11.5B
Account Payables	$1.3B
Short-Term Debt	$1.0B
Deferred Revenue	$0
Other Current Liabilities	$512M
TOTAL CURRENT LIABILITIES	$3.4B
Long-Term Debt	$1.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$157M
Other Non-Current Liabilities	$163M
TOTAL NON-CURRENT LIABILITIES	$1.7B
TOTAL LIABILITIES	$5.1B
Common Stock	$2.8B
Additional Paid-In Capital	$1.3B
Retained Earnings	$1.7B
Treasury Stock	-$231M
Accum. Other Comp. Income	$637M
Other Equity	-$200M
TOTAL STOCKHOLDERS' EQUITY	$6.0B
Minority Interest	$418M
TOTAL EQUITY	$6.4B
TOTAL LIABILITIES & EQUITY	$11.5B
Total Debt	$2.4B
Net Debt	$964M