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

ASE Technology Holding Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	595,410	581,914	670,873	569,997	476,979
Revenue Growth (YoY)	2.32%	-13.26%	17.70%	19.50%	15.44%
Cost of Revenue	498,478	490,157	535,943	459,628	398,994
Gross Profit	96,932	91,757	134,930	110,369	77,984
Selling, General & Admin	28,935	25,930	30,385	27,191	23,806
Research & Development	28,830	25,499	24,370	21,054	19,302
Other Operating Expenses	-	-	-	-1,245	-1,034
Operating Expenses	57,765	51,429	54,754	47,000	42,074
Operating Income	39,166	40,328	80,176	63,369	35,910
Interest Expense	-6,748	-6,239	-3,989	-2,799	-3,437
Interest & Investment Income	2,078	1,770	11,178	832.18	671.5
Earnings From Equity Investments	867.77	1,125	1,128	899.7	547.61
Currency Exchange Gain (Loss)	-5,538	998.11	-2,459	1,395	1,005
Other Non Operating Income (Expenses)	11,748	4,074	-4,132	-754.46	708.92
EBT Excluding Unusual Items	41,574	42,055	81,901	62,943	35,406
Gain (Loss) on Sale of Investments	-42.14	-	-	-67.48	91.3
Gain (Loss) on Sale of Assets	208.98	691.48	113.36	17,412	1,264
Asset Writedown	-133.88	-146.57	-388.78	-126.77	-992.27
Other Unusual Items	76.72	-	-	33.11	-
Pretax Income	41,683	42,600	81,626	80,194	35,769
Income Tax Expense	7,758	9,043	16,399	17,944	7,117
Earnings From Continuing Operations	33,926	33,557	65,227	62,250	28,652
Minority Interest in Earnings	-1,443	-1,832	-3,137	-2,100	-1,681
Net Income	32,482	31,725	62,090	60,150	26,971
Net Income to Common	32,482	31,725	62,090	60,150	26,971
Net Income Growth	2.39%	-48.90%	3.23%	123.02%	60.06%
Shares Outstanding (Basic)	4,319	4,296	4,275	4,305	4,266
Shares Outstanding (Diluted)	4,392	4,348	4,323	4,366	4,289
Shares Change (YoY)	1.02%	0.56%	-0.97%	1.80%	0.61%
EPS (Basic)	7.52	7.39	14.53	13.97	6.32
EPS (Diluted)	7.23	7.18	13.94	13.54	6.17
EPS Growth	0.59%	-48.48%	3.00%	119.48%	59.68%
Free Cash Flow	11,266	60,264	38,361	10,828	12,983
Free Cash Flow Per Share	2.57	13.86	8.87	2.48	3.03
Dividend Per Share	-	5.200	8.800	7.000	4.200
Dividend Growth	-	-40.91%	25.71%	66.67%	110.00%
Gross Margin	16.28%	15.77%	20.11%	19.36%	16.35%
Operating Margin	6.58%	6.93%	11.95%	11.12%	7.53%
Profit Margin	5.46%	5.45%	9.26%	10.55%	5.65%
Free Cash Flow Margin	1.89%	10.36%	5.72%	1.90%	2.72%
EBITDA	96,349	95,830	132,874	115,539	85,284
EBITDA Margin	16.18%	16.47%	19.81%	20.27%	17.88%
D&A For EBITDA	57,182	55,502	52,699	52,170	49,374
EBIT	39,166	40,328	80,176	63,369	35,910
EBIT Margin	6.58%	6.93%	11.95%	11.12%	7.53%
Effective Tax Rate	18.61%	21.23%	20.09%	22.38%	19.90%

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