|
Amounts in NT$ Millions |
1Q/17 |
4Q/16 |
1Q/16 |
|
Net Revenues |
6,365 |
7,303 |
5,995 |
|
Revenues by Testing Type |
|
|
|
|
Final test |
81% |
77% |
78% |
|
Wafer sort |
15% |
20% |
18% |
|
Engineering test |
4% |
3% |
4% |
|
Capacity |
|
|
|
|
CapEx (US$ Millions)* |
31 |
30 |
47 |
|
Number of Testers |
3,782 |
3,739 |
3,453 |
EMS Operations
|
Amounts in NT$ Millions |
1Q/17 |
4Q/16 |
1Q/16 |
|
Net Revenues |
29,363 |
34,634 |
24,788 |
|
Revenues by End Application |
|
|
|
|
Communication |
49% |
53% |
51% |
|
Computer |
15% |
14% |
19% |
|
Consumer |
22% |
20% |
15% |
|
Industrial |
7% |
7% |
7% |
|
Automotive |
6% |
5% |
7% |
|
Others |
1% |
1% |
1% |
|
Capacity |
|
|
|
|
CapEx (US$ Millions)* |
3 |
6 |
2 |
|
* Capital expenditure excludes building construction costs. | |||
|
Advanced Semiconductor Engineering, Inc.
| |||||
|
|
For the three months ended | ||||
|
|
Mar. 31 2017 |
|
Dec. 31 2016 |
|
Mar. 31 2016 |
|
Net revenues: |
|
|
|
|
|
|
Packaging |
29,806 |
|
33,620 |
|
28,036 |
|
Testing |
6,365 |
|
7,303 |
|
5,995 |
|
Direct Material |
892 |
|
806 |
|
892 |
|
EMS |
29,355 |
|
34,627 |
|
24,749 |
|
Others |
133 |
|
772 |
|
2,699 |
|
Total net revenues |
66,551 |
|
77,128 |
|
62,371 |
|
|
|
|
|
|
|
|
Cost of revenues |
(54,573) |
|
(61,751) |
|
(50,922) |
|
Gross profit |
11,978 |
|
15,377 |
|
11,449 |
|
|
|
|
|
|
|
|
Operating expenses: |
|
|
|
|
|
|
Research and development |
(2,763) |
|
(3,091) |
|
(2,608) |
|
Selling, general and administrative |
(3,987) |
|
(4,153) |
|
(3,635) |
|
Total operating expenses |
(6,750) |
|
(7,244) |
|
(6,243) |
|
Operating income |
5,228 |
|
8,133 |
|
5,206 |
|
|
|
|
|
|
|
|
Net non-operating (expenses) income: |
|
|
|
|
|
|
Interest expense - net |
(435) |
|
(451) |
|
(527) |
|
Foreign exchange gain (loss) |
2,891 |
|
(308) |
|
881 |
|
Gain (loss) on valuation of financial assets
|
(3,964) |
|
1,940 |
|
(360) |
|
Gain (loss) on equity-method investments [4] |
(162) |
|
427 |
|
103 |
|
Others |
299 |
|
(72) |
|
71 |
|
Total non-operating income (expenses) |
(1,371) |
|
1,536 |
|
168 |
|
Income before tax |
3,857 |
|
9,669 |
|
5,374 |
|
|
|
|
|
|
|
|
Income tax expense |
(886) |
|
(1,274) |
|
(1,318) |
|
Income from continuing operations and
|
2,971 |
|
8,395 |
|
4,056 |
|
Noncontrolling interest |
(402) |
|
(430) |
|
(174) |
|
|
|
|
|
|
|
|
Net income attributable to
|
2,569 |
|
7,965 |
|
3,882 |
|
|
|
|
|
|
|
|
Per share data: |
|
|
|
|
|
|
Earnings (losses) per share |
|
|
|
|
|
|
– Basic |
NT$0.33 |
|
NT$1.04 |
|
NT$0.51 |
|
– Diluted |
NT$0.30 |
|
NT$0.88 |
|
NT$0.40 |
|
|
|
|
|
|
|
|
Earnings (losses) per equivalent ADS |
|
|
|
|
|
|
– Basic |
US$0.054 |
|
US$0.164 |
|
US$0.077 |
|
– Diluted |
US$0.047 |
|
US$0.140 |
|
US$0.060 |
|
|
|
|
|
|
|
|
Number of weighted average shares used in
|
7,931,316 |
|
8,255,657 |
|
8,293,278 |
|
|
|
|
|
|
|
|
Exchange rate (NT$ per US$1) |
31.20 |
|
31.62 |
|
33.07 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Advanced Semiconductor Engineering, Inc.
| |||||
|
|
For the three months ended | ||||
|
|
Mar. 31 2017 |
|
Dec. 31 2016 |
|
Mar. 31 2016 |
|
Net revenues: |
|
|
|
|
|
|
Packaging |
31,061 |
|
35,242 |
|
28,597 |
|
Testing |
6,365 |
|
7,303 |
|
5,995 |
|
Direct Material |
935 |
|
898 |
|
931 |
|
Others |
24 |
|
20 |
|
20 |
|
Total net revenues |
38,385 |
|
43,463 |
|
35,543 |
|
|
|
|
|
|
|
|
Cost of revenues |
(29,550) |
|
(31,816) |
|
(27,711) |
|
Gross profit |
8,835 |
|
11,647 |
|
7,832 |
|
|
|
|
|
|
|
|
Operating expenses: |
|
|
|
|
|
|
Research and development |
(2,000) |
|
(2,269) |
|
(1,922) |
|
Selling, general and administrative |
(2,850) |
|
(3,003) |
|
(2,688) |
|
Total operating expenses |
(4,850) |
|
(5,272) |
|
(4,610) |
|
Operating income |
3,985 |
|
6,375 |
|
3,222 |
|
|
|
|
|
|
|
|
Net non-operating (expenses) income: |
|
|
|
|
|
|
Interest expense - net |
(498) |
|
(499) |
|
(604) |
|
Foreign exchange gain (loss) |
2,868 |
|
(432) |
|
834 |
|
Gain (loss) on valuation of financial assets
|
(4,072) |
|
1,881 |
|
(261) |
|
Gain (loss) on equity-method investments [4] |
610 |
|
1,617 |
|
1,149 |
|
Others |
325 |
|
104 |
|
124 |
|
Total non-operating income (expenses) |
(767) |
|
2,671 |
|
1,242 |
|
Income before tax |
3,218 |
|
9,046 |
|
4,464 |
|
|
|
|
|
|
|
|
Income tax expense |
(570) |
|
(967) |
|
(529) |
|
Income from continuing operations and
|
2,648 |
|
8,079 |
|
3,935 |
|
Noncontrolling interest |
(79) |
|
(114) |
|
(53) |
|
|
|
|
|
|
|
|
Net income attributable to
|
2,569 |
|
7,965 |
|
3,882 |
|
|
|
|
|
|
|
|
Advanced Semiconductor Engineering, Inc.
| |||||
|
|
For the three months ended | ||||
|
|
Mar. 31 2017 |
|
Dec. 31 2016 |
|
Mar. 31 2016 |
|
Net revenues: |
|
|
|
|
|
|
Total net revenues |
29,363 |
|
34,634 |
|
24,788 |
|
|
|
|
|
|
|
|
Cost of revenues |
(26,249) |
|
(31,038) |
|
(22,781) |
|
Gross profit |
3,114 |
|
3,596 |
|
2,007 |
|
|
|
|
|
|
|
|
Operating expenses: |
|
|
|
|
|
|
Research and development |
(780) |
|
(840) |
|
(710) |
|
Selling, general and administrative |
(1,101) |
|
(1,099) |
|
(920) |
|
Total operating expenses |
(1,881) |
|
(1,939) |
|
(1,630) |
|
Operating income |
1,233 |
|
1,657 |
|
377 |
|
|
|
|
|
|
|
|
Net non-operating (expenses) income: |
|
|
|
|
|
|
Total non-operating income |
217 |
|
114 |
|
78 |
|
Income before tax |
1,450 |
|
1,771 |
|
455 |
|
|
|
|
|
|
|
|
Income tax expense |
(303) |
|
(509) |
|
(81) |
|
Income from continuing operations and
|
1,147 |
|
1,262 |
|
374 |
|
Noncontrolling interest |
(313) |
|
(305) |
|
(108) |
|
|
|
|
|
|
|
|
Net income attributable to
|
834 |
|
957 |
|
266 |
|
Advanced Semiconductor Engineering, Inc.
| |||||||||||
|
|
|
As of Mar. 31, 2017 |
|
As of Dec. 31, 2016 | |||||||
|
|
|
|
|
|
|
|
|
| |||
|
Current assets: |
|
|
|
|
|
|
|
| |||
|
Cash and cash equivalents |
|
|
42,474 |
|
|
|
38,392 |
| |||
|
Financial assets – current |
|
|
3,720 |
|
|
|
3,895 |
| |||
|
Notes and accounts receivable |
|
|
43,728 |
|
|
|
51,145 |
| |||
|
Inventories |
|
|
42,616 |
|
|
|
45,626 |
| |||
|
Others |
|
|
3,835 |
|
|
|
3,732 |
| |||
|
Total current assets |
|
|
136,373 |
|
|
|
142,790 |
| |||
|
|
|
|
|
|
|
|
|
| |||
|
Financial assets – non current & Investments –
|
|
|
52,200 |
|
|
|
52,174 |
| |||
|
Property plant and equipment |
|
|
140,072 |
|
|
|
143,880 |
| |||
|
Intangible assets |
|
|
11,922 |
|
|
|
12,120 |
| |||
|
Prepaid lease payments |
|
|
2,081 |
|
|
|
2,237 |
| |||
|
Others |
|
|
4,901 |
|
|
|
4,742 |
| |||
|
Total assets |
|
|
347,549 |
|
|
|
357,943 |
| |||
|
|
|
|
|
|
|
|
|
| |||
|
Current liabilities: |
|
|
|
|
|
|
|
| |||
|
Short-term borrowings |
|
|
13,400 |
|
|
|
20,956 |
| |||
|
Current portion of bonds payable |
|
|
15,179 |
|
|
|
9,658 |
| |||
|
Current portion of long-term borrowings & capital
|
|
|
7,218 |
|
|
|
6,683 |
| |||
|
Notes and accounts payable |
|
|
30,621 |
|
|
|
35,804 |
| |||
|
Others |
|
|
32,173 |
|
|
|
31,375 |
| |||
|
Total current liabilities |
|
|
98,591 |
|
|
|
104,476 |
| |||
|
|
|
|
|
|
|
|
|
| |||
|
Bonds payable |
|
|
28,476 |
|
|
|
27,342 |
| |||
|
Long-term borrowings & capital lease obligations |
|
|
33,639 |
|
|
|
47,013 |
| |||
|
Other liabilities |
|
|
10,053 |
|
|
|
9,765 |
| |||
|
Total liabilities |
|
|
170,759 |
|
|
|
188,596 |
| |||
|
|
|
|
|
|
|
|
|
| |||
|
Shareholders of the parent |
|
|
164,887 |
|
|
|
157,355 |
| |||
|
|
|
|
|
|
|
|
|
| |||
|
Noncontrolling interest |
|
|
11,903 |
|
|
|
11,992 |
| |||
|
|
|
|
|
|
|
|
|
| |||
|
Total liabilities & shareholders' equity |
|
|
347,549 |
|
|
|
357,943 |
| |||
|
|
|
|
|
|
|
|
|
| |||
|
|
|
|
|
|
|
|
|
| |||
|
Current Ratio |
|
|
1.38 |
|
|
|
1.37 |
| |||
|
|
|
|
|
|
|
|
|
| |||
|
Net Debt to Equity |
|
|
0.30 |
|
|
|
0.41 |
| |||
|
|
|
|
|
|
|
|
|
| |||
|
|
|
|
|
|
|
|
|
|
| ||
|
[1] All financial information presented in this press release is unaudited, consolidated and prepared in accordance with Taiwan-IFRS (International Financial Reporting Standards as endorsed for use in the R.O.C.). Such financial information is generated internally by us and has not been subjected to the same review and scrutiny, including internal auditing procedures and audit by our independent auditors, to which we subject our audited consolidated financial statements, and may vary materially from the audited consolidated financial information for the same period. Any evaluation of the financial information presented in this press release should also take into account our published audited consolidated financial statements and the notes to those statements. In addition, the financial information presented is not necessarily indicative of our results of operations for any future period. |
|
[2] ATM stands for Semiconductor Assembly, Testing and Material. |
|
[3] IC packaging services include module assembly services. |
|
[4] As of September 30, 2016, we have completed the identification of the difference between the cost of the investment and our share of the net fair value of SPIL's identifiable assets and liabilities. Accordingly, we retrospectively adjusted the provisional amounts recognized at the acquisition dates in September 2015, March and April 2016, respectively. |
IR Contact :
|
Iris Wu, Manager |
Grace Teng, Manager |
|
Tel: +886.2.6636.5678 |
Tel: +886.2.6636.5678 |
|
|
To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/advanced-semiconductor-engineering-inc-reports-unaudited-consolidated-financial-results-for-the-first-quarter-of-2017-300447868.html
SOURCE Advanced Semiconductor Engineering, Inc.
| Contact: |
| Advanced Semiconductor Engineering, Inc.
Web: http://www.aseglobal.com |
