ASE Technology Holding Co., Ltd. (TPE: 3711)

ASE Technology Holding Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	587,789	581,914	670,873	569,997	476,979	413,182
Revenue Growth (YoY)	-7.17%	-13.26%	17.70%	19.50%	15.44%	11.34%
Cost of Revenue	493,178	490,157	535,943	459,628	398,994	348,871
Gross Profit	94,611	91,757	134,930	110,369	77,984	64,311
Selling, General & Admin	27,421	25,930	30,385	27,191	23,806	22,389
Research & Development	27,424	25,499	24,370	21,054	19,302	18,395
Other Operating Expenses	-	-	-	-1,245	-1,034	-
Operating Expenses	54,845	51,429	54,754	47,000	42,074	40,784
Operating Income	39,766	40,328	80,176	63,369	35,910	23,526
Interest Expense	-6,615	-6,239	-3,989	-2,799	-3,437	-4,187
Interest & Investment Income	8,218	7,926	11,178	832.18	671.5	734.74
Earnings From Equity Investments	1,327	1,125	1,128	899.7	547.61	264.51
Currency Exchange Gain (Loss)	-2,997	998.11	-2,459	1,395	1,005	1,126
Other Non Operating Income (Expenses)	2,335	-2,082	-4,132	-754.46	708.92	2,344
EBT Excluding Unusual Items	42,034	42,055	81,901	62,943	35,406	23,808
Gain (Loss) on Sale of Investments	-	-	-	-67.48	91.3	-80.49
Gain (Loss) on Sale of Assets	645.23	691.48	113.36	17,412	1,264	-164.47
Asset Writedown	-82.31	-146.57	-388.78	-126.77	-992.27	-201.01
Other Unusual Items	-	-	-	33.11	-	-
Pretax Income	42,596	42,600	81,626	80,194	35,769	23,362
Income Tax Expense	9,208	9,043	16,399	17,944	7,117	5,309
Earnings From Continuing Operations	33,388	33,557	65,227	62,250	28,652	18,053
Minority Interest in Earnings	-1,755	-1,832	-3,137	-2,100	-1,681	-1,203
Net Income	31,633	31,725	62,090	60,150	26,971	16,850
Net Income to Common	31,633	31,725	62,090	60,150	26,971	16,850
Net Income Growth	-32.34%	-48.90%	3.23%	123.02%	60.06%	-33.30%
Shares Outstanding (Basic)	4,308	4,296	4,275	4,305	4,266	4,252
Shares Outstanding (Diluted)	4,365	4,348	4,323	4,366	4,289	4,263
Shares Change (YoY)	1.17%	0.56%	-0.97%	1.80%	0.61%	0.27%
EPS (Basic)	7.34	7.39	14.53	13.97	6.32	3.96
EPS (Diluted)	7.13	7.18	13.94	13.54	6.17	3.86
EPS Growth	-32.07%	-48.48%	3.00%	119.48%	59.68%	-33.91%
Free Cash Flow	47,166	60,264	38,361	10,828	12,983	15,493
Free Cash Flow Per Share	10.81	13.86	8.87	2.48	3.03	3.63
Dividend Per Share	5.202	5.202	8.800	7.000	4.200	2.000
Dividend Growth	-40.88%	-40.88%	25.71%	66.67%	110.00%	-20.00%
Gross Margin	16.10%	15.77%	20.11%	19.36%	16.35%	15.56%
Operating Margin	6.77%	6.93%	11.95%	11.12%	7.53%	5.69%
Profit Margin	5.38%	5.45%	9.26%	10.55%	5.65%	4.08%
Free Cash Flow Margin	8.02%	10.36%	5.72%	1.90%	2.72%	3.75%
EBITDA	95,703	95,830	132,874	115,539	85,284	72,138
EBITDA Margin	16.28%	16.47%	19.81%	20.27%	17.88%	17.46%
D&A For EBITDA	55,937	55,502	52,699	52,170	49,374	48,612
EBIT	39,766	40,328	80,176	63,369	35,910	23,526
EBIT Margin	6.77%	6.93%	11.95%	11.12%	7.53%	5.69%
Effective Tax Rate	21.62%	21.23%	20.09%	22.38%	19.90%	22.72%

Source: S&P Capital IQ. Standard template. Financial Sources.