Slide 1: ASE Technology Holding Third Quarter 2022 Earnings Release
ASE Technology Holding Third Quarter 2022 Earnings Release ASE Technology Holding Co., Ltd. October 27, 2022 1
Slide 2: Safe Harbor Notice
Safe Harbor Notice This presentation contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Although these forward-looking statements, which may
Slide 3: Consolidated Statements of Income
Consolidated Statements of Income Quarterly Comparison (unaudited) Pro Forma Basis* (NT$ million) Q3 / 2022 % Q2 / 2022 % Q3/ 2021 % QoQ YoY Q3 / 2021 % YoY Net Revenues: ATM 97,137 51.5% 93,355 58.2% 88,791 58.9% 4% 9% 82,019 57.0% 18% EMS 90,660 48.1% 66,213 41.3% 61,116 40.6% 37% 48% 61,116 42.5%
Slide 4: Consolidated Operations
Consolidated Operations (unaudited) NT$ million 200,000 40% 829 812 871 150,000 873 30% 758 90,660 81,541 66,213 619 602 61,116 61,163 49,147 21.4% 100,000 47,684 20.3% 19.7% 20.1% 20% 19.4% 18.9% 18.3% 12.1% 12.8% 12.6% 11.3% 11.2% 50,000 9.1% 10.3% 93,355 97,137 10% 82,019 83,805 82,355 65,557 70,
Slide 5: ATM Statements of Income
ATM Statements of Income Quarterly Comparison (unaudited) Pro Forma Basis* (NT$ million) Q3 / 2022 % Q2 / 2022 % Q3 / 2021 % QoQ YoY Q3 / 2021 % YoY Net Revenues: Packaging 82,090 83.1% 79,894 84.1% 75,221 83.5% 3% 9% 69,512 83.5% 18% Testing 14,941 15.1% 13,760 14.5% 13,416 14.9% 9% 11% 12,354 14.8
Slide 6: ATM Operations
ATM Operations (unaudited) NT$ million 98,831 100,000 94,998 50% 83,321 85,180 84,025 28,832 80,000 72,747 27,768 40% 68,139 24,301 23,101 23,181 18,876 60,000 16,989 30% 27.8% 28.5% 27.5% 29.2% 29.2% 25.9% 40,000 24.9% 20% 20,000 10% 0 0% Q1/21* Q2/21* Q3/21* Q4/21* Q1/22 Q2/22 Q3/22 Revenue Gross
Slide 7: ATM Revenue by Application
ATM Revenue by Application (unaudited) 100% 33% 33% 32% 31% 32% 32% 31% 80% 60% 14% 15% 15% 16% 16% 16% 16% 40% 53% 52% 53% 53% 52% 52% 53% 20% 0% Q1/21* Q2/21* Q3/21* Q4/21* Q1/22 Q2/22 Q3/22 Communication Computing Automotive, Consumer & Others *: We are providing you with the unaudited pro forma
Slide 8: ATM Revenue by Type
ATM Revenue by Type (unaudited) 100% 2% 2% 2% 2% 2% 1% 2% 15% 15% 15% 15% 15% 15% 15% 80% 8% 7% 7% 7% 6% 6% 7% Material Testing 60% 36% 34% 35% 34% 38% 40% 37% Others Wirebonding 40% Bump/FC/WLP /SiP 20% 39% 40% 43% 43% 42% 37% 36% 0% Q1/21* Q2/21* Q3/21* Q4/21* Q1/22 Q2/22 Q3/22 *: We are providing
Slide 9: EMS Operations
EMS Operations Quarterly Comparison & Revenue by Application (unaudited) (NT$ million) Q3 / 2022 % Q2 / 2022 % Q3 / 2021 % QoQ YoY EMS Net Revenues 90,665 100.0% 66,218 100.0% 61,127 100.0% 37% 48% Gross Profit 9,198 10.1% 6,650 10.0% 5,883 9.6% 38% 56% Operating Income (Loss) 5,130 5.7% 2,667 4.0%
Slide 10: Key Balance Sheet Items & Indices
Key Balance Sheet Items & Indices (unaudited) (NT$ million) Sept. 30, 2022 Jun 30, 2022 Cash and cash equivalent $52,358 $72,846 Financial assets - current 9,667 6,136 Financial assets - non current & investments - equity method 22,926 22,356 Property, plant & equipment 264,508 254,784 Total assets
Slide 11: Equipment Capital Expenditure vs. EBITDA
Equipment Capital Expenditure vs. EBITDA (unaudited) US$ million 1,400 1,283 1,174 1,203 1,200 1,108 1,100 1,000 916 830 800 567 600 515 432 425 437 443 400 400 200 0 Q1/21* Q2/21* Q3/21* Q4/21* Q1/22 Q2/22 Q3/22 Capex EBITDA *: We are providing you with the unaudited pro forma financial information
Slide 12: Fourth Quarter 2022 Outlook
Fourth Quarter 2022 Outlook* Based on our current business outlook and exchange rate assumptions, management projects overall performance for the fourth quarter of 2022 to be as follows: • We see the US dollar and NT dollar exchange rate going from 30.1 in 3rd quarter 2022 to 31.8 in 4th quarter 202
Slide 13: Thank You
Thank You w w w. a s e g l o b a l . c o m 13
Slide 14: Consolidated Statements of Comprehensive Income
Appendix 1 Consolidated Statements of Comprehensive Income Pro Forma Historical Data* (unaudited) (NT$ million) Q1/2021 % Q2/2021 % Q3/2021 % Q4/2021 % FY/2021 % Net Revenues: ATM 65,557 57.6% 70,919 58.8% 82,019 57.0% 83,805 50.4% 302,300 55.5% EMS 47,684 41.9% 49,147 40.7% 61,116 42.5% 81,541 49.1
Slide 15: ATM Statements of Comprehensive Income
Appendix 2 ATM Statements of Comprehensive Income Pro Forma Historical Data* (unaudited) (NT$ million) Q1/2021 % Q2/2021 % Q3/2021 % Q4/2021 % FY/2021 % Net Revenues: Packaging 56,844 83.4% 60,716 83.5% 69,512 83.5% 70,942 83.3% 258,014 83.4% Testing 10,204 15.0% 10,656 14.6% 12,354 14.8% 12,700 14.
Slide 16: Consolidated Statements of Comprehensive Income
Appendix 3 Consolidated Statements of Comprehensive Income (unaudited) (NT$ Thousand) Q1/2021 Q2/2021 Q3/2021 Q4/2021 FY/2021 Q1/2022 Q2/2022 Q3/2022 Revenues 119,469,784 126,926,346 150,664,816 172,936,186 569,997,132 144,390,827 160,439,019 188,625,557 COGS 97,583,415 102,122,197 119,880,851 140,0