ASX Q2 2016 Earnings Report — ASE Technology Holding Co., Ltd. Revenue & Financial Results | Market Cap Arena

ASE Technology Holding Co., Ltd.ASX

Q2 2016 Earnings

Reported June 30, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2016	Q1 2016	Q2 2015	QoQ Change	YoY Change
Revenue	$2.0B	$2.0B	—	0.4%	—
Op. Income	$188M	$165M	—	13.9%	—
Gross Margin	19.6%	18.4%	—	1.2pp	—
Net Margin	6.9%	6.2%	—	0.6pp	—
EPS (Diluted)	$0.06	$0.05	—	17.5%	—
Free Cash Flow	$61M	$283M	—	-78.3%	—

Revenue Flow

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$1.6B
GROSS PROFIT	$389M
R&D Expenses	$87M
Selling & Marketing	$28M
General & Administrative	$86M
SG&A Expenses	$114M
Other Expenses	$0
Operating Expenses	$201M
Cost & Expenses	$1.8B
OPERATING INCOME	$188M
Interest Income	$0
Interest Expense	$17M
Other Income/Expenses	$6M
INCOME BEFORE TAX	$205M
Income Tax Expense	$48M
Net Income from Continuing Ops	$145M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$137M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$137M
D&A	$14M
EBIT	$210M
EBITDA	$210M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$1.6B
GROSS PROFIT	$389M
R&D Expenses	$87M
Selling & Marketing	$28M
General & Administrative	$86M
SG&A Expenses	$114M
Other Expenses	$0
Operating Expenses	$201M
Cost & Expenses	$1.8B
OPERATING INCOME	$188M
Interest Income	$0
Interest Expense	$17M
Other Income/Expenses	$6M
INCOME BEFORE TAX	$205M
Income Tax Expense	$48M
Net Income from Continuing Ops	$145M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$137M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$137M
D&A	$14M
EBIT	$210M
EBITDA	$210M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$137M
Depreciation & Amortization	$231M
Stock-Based Compensation	$4M
Deferred Income Tax	$0
Other Non-Cash Items	$81M
Change in Working Capital	-$141M
OPERATING CASH FLOW	$311M
Capital Expenditure	-$250M
Acquisitions (Net)	-$2M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$39M
NET CASH FROM INVESTING	-$291M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$254M
NET CASH FROM FINANCING	-$254M
FREE CASH FLOW	$61M
Net Change in Cash	-$260M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.2B
Short-Term Investments	$114M
Net Receivables	$1.4B
Inventory	$1.4B
Other Current Assets	$240M
TOTAL CURRENT ASSETS	$4.3B
PP&E (Net)	$4.7B
Goodwill	$0
Intangible Assets	$378M
Long-Term Investments	$1.6B
Tax Assets	$0
Other Non-Current Assets	$253M
TOTAL NON-CURRENT ASSETS	$6.9B
TOTAL ASSETS	$11.3B
Account Payables	$995M
Short-Term Debt	$1.5B
Deferred Revenue	$0
Other Current Liabilities	$1.4B
TOTAL CURRENT LIABILITIES	$3.8B
Long-Term Debt	$2.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$306M
TOTAL NON-CURRENT LIABILITIES	$2.3B
TOTAL LIABILITIES	$6.2B
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$4.7B
TOTAL STOCKHOLDERS' EQUITY	$4.7B
Minority Interest	$345M
TOTAL EQUITY	$5.1B
TOTAL LIABILITIES & EQUITY	$11.3B
Total Debt	$3.5B
Net Debt	$2.3B