[6-K] ASE Technology Holding Co., Ltd. Current Report (Foreign Issuer)
On 31 July 2025, Willis Towers Watson plc (NASDAQ: WTW) filed a Form 8-K to furnish—not file—its second-quarter results for the period ended 30 June 2025. Under Item 2.02, the company attached a press release (Exhibit 99.1) that contains the full earnings announcement and a reconciliation of non-GAAP measures. Under Item 7.01, it furnished an investor slide deck (Exhibit 99.2) now available on the IR website. Both items are expressly excluded from Section 18 liability and from incorporation by reference unless specifically stated otherwise. No quantitative financial data appear in the 8-K itself; investors must review the exhibits for revenue, EPS, guidance or margin details. A cover-page Inline XBRL file is included as Exhibit 104. The filing, signed by CFO Andrew Krasner, is a standard earnings-release furnish intended to keep the market informed ahead of the accompanying conference call.
Il 31 luglio 2025, Willis Towers Watson plc (NASDAQ: WTW) ha presentato un modulo 8-K per fornire—e non depositare—i risultati del secondo trimestre per il periodo terminato il 30 giugno 2025. Ai sensi del punto 2.02, la società ha allegato un comunicato stampa (Allegato 99.1) contenente l'annuncio completo degli utili e una riconciliazione delle misure non GAAP. Ai sensi del punto 7.01, ha fornito una presentazione per investitori (Allegato 99.2) ora disponibile sul sito IR. Entrambi gli elementi sono espressamente esclusi dalla responsabilità ai sensi della Sezione 18 e dall'incorporazione per riferimento, salvo diversa indicazione. Nessun dato finanziario quantitativo appare nel modulo 8-K stesso; gli investitori devono consultare gli allegati per dettagli su ricavi, EPS, previsioni o margini. È incluso un file Inline XBRL di copertina come Allegato 104. La presentazione, firmata dal CFO Andrew Krasner, è una comunicazione standard degli utili volta a mantenere il mercato informato prima della conference call correlata.
El 31 de julio de 2025, Willis Towers Watson plc (NASDAQ: WTW) presentó un Formulario 8-K para proporcionar—no presentar—sus resultados del segundo trimestre para el período finalizado el 30 de junio de 2025. Bajo el Ítem 2.02, la empresa adjuntó un comunicado de prensa (Exhibición 99.1) que contiene el anuncio completo de ganancias y una conciliación de medidas no GAAP. Bajo el Ítem 7.01, proporcionó una presentación para inversores (Exhibición 99.2) ahora disponible en el sitio web de IR. Ambos ítems están expresamente excluidos de la responsabilidad bajo la Sección 18 y de la incorporación por referencia, salvo que se indique lo contrario. No aparecen datos financieros cuantitativos en el 8-K; los inversores deben revisar los anexos para detalles sobre ingresos, EPS, guía o márgenes. Se incluye un archivo Inline XBRL de portada como Exhibición 104. La presentación, firmada por el CFO Andrew Krasner, es una comunicación estándar de resultados destinada a mantener informado al mercado antes de la llamada de conferencia asociada.
2025년 7월 31일, Willis Towers Watson plc (NASDAQ: WTW)는 제출이 아닌 제공 목적으로 2025년 6월 30일 종료된 2분기 실적을 담은 Form 8-K를 제출했습니다. 항목 2.02에 따라 회사는 전체 실적 발표와 비-GAAP 지표 조정 내용을 포함한 보도자료(첨부문서 99.1)를 첨부했습니다. 항목 7.01에 따라 투자자용 슬라이드 자료(첨부문서 99.2)도 제공되었으며, 현재 IR 웹사이트에서 확인할 수 있습니다. 두 항목 모두 섹션 18 책임 및 참조 포함에서 명시적으로 제외되어 있습니다. 8-K 본문에는 정량적 재무 데이터가 포함되어 있지 않으므로 투자자는 수익, 주당순이익(EPS), 가이던스 또는 마진 세부사항을 확인하기 위해 첨부문서를 검토해야 합니다. 표지용 Inline XBRL 파일은 첨부문서 104로 포함되어 있습니다. CFO Andrew Krasner가 서명한 이번 제출은 예정된 컨퍼런스 콜 전에 시장에 정보를 제공하기 위한 표준 실적 발표 제공입니다.
Le 31 juillet 2025, Willis Towers Watson plc (NASDAQ : WTW) a déposé un formulaire 8-K pour fournir—et non déposer—ses résultats du deuxième trimestre pour la période close le 30 juin 2025. En vertu de l'article 2.02, la société a joint un communiqué de presse (Annexe 99.1) contenant l'annonce complète des résultats et une réconciliation des mesures non-GAAP. En vertu de l'article 7.01, elle a fourni une présentation destinée aux investisseurs (Annexe 99.2) désormais disponible sur le site IR. Les deux éléments sont expressément exclus de la responsabilité en vertu de la Section 18 et de l'incorporation par renvoi, sauf indication contraire. Aucun chiffre financier quantitatif n'apparaît dans le 8-K lui-même ; les investisseurs doivent consulter les annexes pour les détails sur le chiffre d'affaires, le BPA, les prévisions ou les marges. Un fichier Inline XBRL de couverture est inclus en tant que Annexe 104. Le dépôt, signé par le directeur financier Andrew Krasner, est une communication standard des résultats destinée à informer le marché avant la conférence téléphonique associée.
Am 31. Juli 2025 reichte Willis Towers Watson plc (NASDAQ: WTW) ein Formular 8-K ein, um seine Ergebnisse für das zweite Quartal des zum 30. Juni 2025 endenden Zeitraums zu übermitteln—nicht einzureichen. Unter Punkt 2.02 legte das Unternehmen eine Pressemitteilung (Anlage 99.1) bei, die die vollständige Gewinnbekanntgabe und eine Abstimmung der Non-GAAP-Kennzahlen enthält. Unter Punkt 7.01 stellte es ein Investoren-Slide-Deck (Anlage 99.2) zur Verfügung, das nun auf der IR-Website verfügbar ist. Beide Punkte sind ausdrücklich von der Haftung gemäß Abschnitt 18 und von der Einbeziehung durch Verweis ausgeschlossen, sofern nicht anders angegeben. Im 8-K selbst sind keine quantitativen Finanzdaten enthalten; Investoren müssen die Anlagen für Details zu Umsatz, EPS, Prognosen oder Margen einsehen. Eine Inline-XBRL-Datei für die Titelseite ist als Anlage 104 enthalten. Die Einreichung, unterzeichnet vom CFO Andrew Krasner, ist eine standardmäßige Gewinnmitteilung, die den Markt vor der begleitenden Telefonkonferenz informieren soll.
- None.
- None.
Insights
TL;DR – Routine furnish of Q2 results; impact neutral until numbers reviewed.
This 8-K merely signals that WTW has released its Q2 FY25 earnings materials. Because the filing lacks headline figures, margin trends or guidance updates, investors cannot gauge performance from the 8-K alone. The real market impact will depend on the revenue, EPS and margin metrics contained in Exhibits 99.1 and 99.2, which are furnished rather than filed. From a valuation perspective, today’s disclosure is procedural; sentiment will develop once analysts parse the attached press release and slide deck.
TL;DR – Compliance-oriented 8-K; limits liability by furnishing, not filing.
WTW uses Items 2.02 and 7.01 to furnish earnings materials, thereby avoiding Section 18 liability unless later incorporated. The inclusion of a GAAP–non-GAAP reconciliation aligns with SEC guidance on Regulation G. No other material events are reported, and no safe-harbor statement is required. Overall, the document meets procedural requirements but is not, in itself, price-sensitive.
Il 31 luglio 2025, Willis Towers Watson plc (NASDAQ: WTW) ha presentato un modulo 8-K per fornire—e non depositare—i risultati del secondo trimestre per il periodo terminato il 30 giugno 2025. Ai sensi del punto 2.02, la società ha allegato un comunicato stampa (Allegato 99.1) contenente l'annuncio completo degli utili e una riconciliazione delle misure non GAAP. Ai sensi del punto 7.01, ha fornito una presentazione per investitori (Allegato 99.2) ora disponibile sul sito IR. Entrambi gli elementi sono espressamente esclusi dalla responsabilità ai sensi della Sezione 18 e dall'incorporazione per riferimento, salvo diversa indicazione. Nessun dato finanziario quantitativo appare nel modulo 8-K stesso; gli investitori devono consultare gli allegati per dettagli su ricavi, EPS, previsioni o margini. È incluso un file Inline XBRL di copertina come Allegato 104. La presentazione, firmata dal CFO Andrew Krasner, è una comunicazione standard degli utili volta a mantenere il mercato informato prima della conference call correlata.
El 31 de julio de 2025, Willis Towers Watson plc (NASDAQ: WTW) presentó un Formulario 8-K para proporcionar—no presentar—sus resultados del segundo trimestre para el período finalizado el 30 de junio de 2025. Bajo el Ítem 2.02, la empresa adjuntó un comunicado de prensa (Exhibición 99.1) que contiene el anuncio completo de ganancias y una conciliación de medidas no GAAP. Bajo el Ítem 7.01, proporcionó una presentación para inversores (Exhibición 99.2) ahora disponible en el sitio web de IR. Ambos ítems están expresamente excluidos de la responsabilidad bajo la Sección 18 y de la incorporación por referencia, salvo que se indique lo contrario. No aparecen datos financieros cuantitativos en el 8-K; los inversores deben revisar los anexos para detalles sobre ingresos, EPS, guía o márgenes. Se incluye un archivo Inline XBRL de portada como Exhibición 104. La presentación, firmada por el CFO Andrew Krasner, es una comunicación estándar de resultados destinada a mantener informado al mercado antes de la llamada de conferencia asociada.
2025년 7월 31일, Willis Towers Watson plc (NASDAQ: WTW)는 제출이 아닌 제공 목적으로 2025년 6월 30일 종료된 2분기 실적을 담은 Form 8-K를 제출했습니다. 항목 2.02에 따라 회사는 전체 실적 발표와 비-GAAP 지표 조정 내용을 포함한 보도자료(첨부문서 99.1)를 첨부했습니다. 항목 7.01에 따라 투자자용 슬라이드 자료(첨부문서 99.2)도 제공되었으며, 현재 IR 웹사이트에서 확인할 수 있습니다. 두 항목 모두 섹션 18 책임 및 참조 포함에서 명시적으로 제외되어 있습니다. 8-K 본문에는 정량적 재무 데이터가 포함되어 있지 않으므로 투자자는 수익, 주당순이익(EPS), 가이던스 또는 마진 세부사항을 확인하기 위해 첨부문서를 검토해야 합니다. 표지용 Inline XBRL 파일은 첨부문서 104로 포함되어 있습니다. CFO Andrew Krasner가 서명한 이번 제출은 예정된 컨퍼런스 콜 전에 시장에 정보를 제공하기 위한 표준 실적 발표 제공입니다.
Le 31 juillet 2025, Willis Towers Watson plc (NASDAQ : WTW) a déposé un formulaire 8-K pour fournir—et non déposer—ses résultats du deuxième trimestre pour la période close le 30 juin 2025. En vertu de l'article 2.02, la société a joint un communiqué de presse (Annexe 99.1) contenant l'annonce complète des résultats et une réconciliation des mesures non-GAAP. En vertu de l'article 7.01, elle a fourni une présentation destinée aux investisseurs (Annexe 99.2) désormais disponible sur le site IR. Les deux éléments sont expressément exclus de la responsabilité en vertu de la Section 18 et de l'incorporation par renvoi, sauf indication contraire. Aucun chiffre financier quantitatif n'apparaît dans le 8-K lui-même ; les investisseurs doivent consulter les annexes pour les détails sur le chiffre d'affaires, le BPA, les prévisions ou les marges. Un fichier Inline XBRL de couverture est inclus en tant que Annexe 104. Le dépôt, signé par le directeur financier Andrew Krasner, est une communication standard des résultats destinée à informer le marché avant la conférence téléphonique associée.
Am 31. Juli 2025 reichte Willis Towers Watson plc (NASDAQ: WTW) ein Formular 8-K ein, um seine Ergebnisse für das zweite Quartal des zum 30. Juni 2025 endenden Zeitraums zu übermitteln—nicht einzureichen. Unter Punkt 2.02 legte das Unternehmen eine Pressemitteilung (Anlage 99.1) bei, die die vollständige Gewinnbekanntgabe und eine Abstimmung der Non-GAAP-Kennzahlen enthält. Unter Punkt 7.01 stellte es ein Investoren-Slide-Deck (Anlage 99.2) zur Verfügung, das nun auf der IR-Website verfügbar ist. Beide Punkte sind ausdrücklich von der Haftung gemäß Abschnitt 18 und von der Einbeziehung durch Verweis ausgeschlossen, sofern nicht anders angegeben. Im 8-K selbst sind keine quantitativen Finanzdaten enthalten; Investoren müssen die Anlagen für Details zu Umsatz, EPS, Prognosen oder Margen einsehen. Eine Inline-XBRL-Datei für die Titelseite ist als Anlage 104 enthalten. Die Einreichung, unterzeichnet vom CFO Andrew Krasner, ist eine standardmäßige Gewinnmitteilung, die den Markt vor der begleitenden Telefonkonferenz informieren soll.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
July, 2025
Commission File Number 001-16125
ASE Technology Holding Co., Ltd.
(Translation of registrant’s name into English)
26, Chin 3rd Road
Kaohsiung, Taiwan
Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
| Form 20-F ☒ Form 40-F ☐ |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| ASE TECHNOLOGY HOLDING CO., LTD. | ||
| Date: July 31, 2025 | By: | /s/ Joseph Tung |
| Name: Joseph Tung | ||
| Title: Chief Financial Officer | ||
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Investor Relations Contact:
ir@aseglobal.com
Tel: +886.2.6636.5678
https://www.aseglobal.com
ASE Technology Holding Co., Ltd. Reports Its Unaudited Consolidated Financial Results for the Second Quarter of 2025
Taipei, July 31, 2025 – ASE Technology Holding Co., Ltd. (TWSE: 3711, NYSE: ASX) (“We”, “ASEH”, or the “Company”), the leading provider of semiconductor assembly and testing services (“ATM”) and the provider of electronic manufacturing services (“EMS”), today reported its unaudited1 net revenues of NT$150,750 million for 2Q25, up by 7.5% year-over-year and up by 1.8% sequentially. Net income attributable to shareholders of the parent for the quarter totaled NT$7,521 million, down from NT$7,778 million in 2Q24 and down from NT$7,554 million in 1Q25. Basic earnings per share for the quarter were NT$1.74 (or US$0.111 per ADS), compared to NT$1.80 for 2Q24 and NT$1.75 for 1Q25. Diluted earnings per share for the quarter were NT$1.70 (or US$0.109 per ADS), compared to NT$1.75 for 2Q24 and NT$1.64 for 1Q25.
RESULTS OF OPERATIONS
2Q25 Results Highlights – Consolidated
| l | Net revenues from packaging operations, testing operations, EMS operations, and others represented approximately 49%, 11%, 39%, and 1% of the total net revenues for the quarter, respectively. |
| l | Cost of revenues was NT$125,063 million for the quarter, up from NT$123,260 million in 1Q25. |
| - | Raw material cost totaled NT$71,321 million for the quarter, representing 47% of the total net revenues. |
| - | Labor cost totaled NT$17,995 million for the quarter, representing 12% of the total net revenues. |
| - | Depreciation, amortization and rental expenses totaled NT$15,183 million for the quarter. |
| l | Gross margin increased by 0.2 percentage points to 17.0% in 2Q25 from 16.8% in 1Q25. |
| l | Operating margin was 6.8% in 2Q25, compared to 6.5% in 1Q25. |
| l | In terms of non-operating items: |
| - | Net interest expense was NT$1,203 million. |
| - | Net foreign exchange gain was NT$11,885 million, primarily attributable to the depreciation of the U.S. dollar against the New Taiwan dollar. |
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 year-end audited consolidated financial statements, and may vary materially from the year-end 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 year-end 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.
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| - | Net loss on valuation of financial assets and liabilities was NT$12,098 million. |
| - | Net gain on equity-method investments was NT$223 million. |
| - | Other net non-operating income was NT$255 million, primarily attributable to miscellaneous income. |
Total non-operating expenses for the quarter were NT$938 million.
| l | Income before tax was NT$9,255 million in 2Q25, compared to NT$9,810 million in 1Q25. We recorded income tax expenses of NT$1,576 million for the quarter, compared to NT$2,022 million in 1Q25. |
| l | Net income attributable to shareholders of the parent was NT$7,521 million in 2Q25, compared to NT$7,778 million in 2Q24 and NT$7,554 million in 1Q25. |
| l | Our total number of shares outstanding at the end of the quarter was 4,422,175,232, including treasury stock owned by our subsidiaries in 2Q25. Our 2Q25 basic earnings per share of NT$1.74 (or US$0.111 per ADS) were based on 4,332,918,727 weighted average number of shares outstanding in 2Q25. Our 2Q25 diluted earnings per share of NT$1.70 (or US$0.109 per ADS) were based on 4,395,186,708 weighted average number of shares outstanding in 2Q25. |
2Q25 Results Highlights – ATM
| l | Net revenues were NT$92,565 million for the quarter, up by 19.0% year-over-year and up by 6.8% sequentially. |
| l | Cost of revenues was NT$72,317 million for the quarter, up by 19.3% year-over-year and up by 7.8% sequentially. |
| - | Raw material cost totaled NT$26,338 million for the quarter, representing 29% of the total net revenues. |
| - | Labor cost totaled NT$14,606 million for the quarter, representing 16% of the total net revenues. |
| - | Depreciation, amortization and rental expenses totaled NT$13,822 million for the quarter. |
| l | Gross margin decreased by 0.7 percentage points to 21.9% in 2Q25 from 22.6% in 1Q25. |
| l | Operating margin was 9.5% in 2Q25, compared to 9.6% in 1Q25. |
2Q25 Results Highlights – EMS
| l | Net revenues were NT$58,770 million, down by 6.6% year-over-year and down by 5.7% sequentially. |
| l | Cost of revenues for the quarter was NT$53,221 million, down by 6.4% year-over-year and down by 6.2% sequentially. |
| - | Raw material cost totaled NT$45,277 million for the quarter, representing 77% of the total net revenues. |
| - | Labor cost totaled NT$3,283 million for the quarter, representing 6% of the total net revenues. |
| - | Depreciation, amortization and rental expenses totaled NT$1,110 million for the quarter. |
| l | Gross margin increased by 0.5 percentage points to 9.4% in 2Q25 from 8.9% in 1Q25. |
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| l | Operating margin was 2.6% in both 2Q25 and 1Q25. |
LIQUIdiTY AND CAPITAL RESOURCES
| l | Equipment capital expenditures in 2Q25 totaled US$992 million, of which US$690 million was used in packaging operations, US$251 million in testing operations, US$49 million in EMS operations and US$2 million in interconnect materials operations and others. |
| l | Total unused credit lines amounted to NT$355,299 million as of June 30, 2025. |
| l | Current ratio was 1.02 and net debt to equity ratio was 0.52 as of June 30, 2025. |
| l | Total number of employees was 100,450 as of June 30, 2025, compared to 96,436 as of March 31, 2025. |
Business Review
Customers
ATM Basis
| l | Our five largest customers together accounted for approximately 43% of our total net revenues in 2Q25, compared to 44% in 1Q25. One customer accounted for more than 10% of our total net revenues in 2Q25. |
| l | Our top 10 customers contributed 60% of our total net revenues in 2Q25, compared to 61% in 1Q25. |
| l | Our customers that are integrated device manufacturers or IDMs accounted for 35% of our total net revenues in 2Q25, compared to 34% in 1Q25. |
EMS Basis
| l | Our five largest customers together accounted for approximately 65% of our total net revenues in 2Q25, compared to 68% in 1Q25. One customer accounted for more than 10% of our total net revenues in 2Q25. |
| l | Our top 10 customers contributed 71% of our total net revenues in 2Q25, compared to 74% in 1Q25. |
About ASE Technology Holding Co., Ltd.
ASEH is the leading provider of semiconductor manufacturing services in assembly and test. The Company develops and offers complete turnkey solutions covering front-end engineering test, wafer probing and final test, as well as packaging, materials and electronic manufacturing services through USI with superior technologies, breakthrough innovations, and advanced development programs. With advanced technological capabilities and a global presence spanning Taiwan, China, South Korea, Japan, Singapore, Malaysia, Philippines, Vietnam, Mexico, and Tunisia as well as the United States and Europe, ASEH has established a reputation for reliable, high quality products and services.
For more information, please visit our website at https://www.aseglobal.com.
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Safe Harbor Notice
This press release 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. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan” and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People’s Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors. For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2024 Annual Report on Form 20-F filed on March 27, 2025.
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Supplemental Financial Information
(Unaudited)
Consolidated Operations
| 2Q25 | 1Q25 | 2Q24 | |
| EBITDA2 (NT$ million) | 27,426 | 27,628 | 26,127 |
ATM Operations
| 2Q25 | 1Q25 | 2Q24 | |
| Net Revenues (NT$ million) | 92,565 | 88,668 | 77,813 |
| Revenues by Application | |||
| Communication | 46% | 48% | 49% |
| Computing | 24% | 22% | 19% |
| Automotive, Consumer & Others | 30% | 30% | 32% |
| Revenues by Type | |||
| Bumping, Flip Chip, WLP & SiP | 47% | 46% | 44% |
| Wirebonding | 28% | 28% | 31% |
| Others | 5% | 6% | 7% |
| Testing | 18% | 18% | 16% |
| Material | 2% | 2% | 2% |
| Capacity & EBITDA | |||
| Equipment CapEx (US$ million) | 942 | 869 | 374 |
| EBITDA2 (NT$ million) | 24,295 | 24,146 | 22,205 |
| Number of Wirebonders | 25,156 | 25,222 | 25,154 |
| Number of Testers | 6,797 | 6,686 | 5,676 |
EMS Operations
| 2Q25 | 1Q25 | 2Q24 | |
| Net Revenues (NT$ million) | 58,770 | 62,295 | 62,907 |
| Revenues by Application | |||
| Communication | 33% | 33% | 33% |
| Computing | 11% | 11% | 11% |
| Consumer | 30% | 31% | 29% |
| Industrial | 14% | 13% | 13% |
| Automotive | 10% | 10% | 11% |
| Others | 2% | 2% | 3% |
| Capacity | |||
| Equipment CapEx (US$ million) | 49 | 23 | 31 |
2 EBITDA stands for net income or loss before interest, taxes, depreciation, amortization, impairment and investment gain or loss as well as other items.
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ASE Technology Holding Co., Ltd.
Summary of Consolidated Statement of Income Data
(In NT$ million, except per share data)
(Unaudited)
| For the three months ended | For the six months ended | |||||||||
|
Jun. 30 2025
|
Mar. 31 2025
|
Jun. 30 2024 (Retrospectively Adjusted) |
Jun. 30 2025
|
Jun. 30 2024 (Retrospectively Adjusted) |
||||||
| Net revenues | ||||||||||
| Packaging | 73,659 | 68,411 | 62,834 | 142,070 | 122,292 | |||||
| Testing | 16,612 | 16,004 | 12,623 | 32,616 | 24,725 | |||||
| EMS | 58,374 | 61,860 | 62,853 | 120,234 | 122,179 | |||||
| Others | 2,105 | 1,878 | 1,928 | 3,983 | 3,845 | |||||
| Total net revenues | 150,750 | 148,153 | 140,238 | 298,903 | 273,041 | |||||
| Cost of revenues | (125,063) | (123,260) | (117,184) | (248,323) | (229,166) | |||||
| Gross profit | 25,687 | 24,893 | 23,054 | 50,580 | 43,875 | |||||
| Operating expenses | ||||||||||
| Research and development | (8,004) | (7,579) | (7,106) | (15,583) | (13,715) | |||||
| Selling, general and administrative | (7,490) | (7,643) | (6,939) | (15,133) | (13,674) | |||||
| Total operating expenses | (15,494) | (15,222) | (14,045) | (30,716) | (27,389) | |||||
| Operating income | 10,193 | 9,671 | 9,009 | 19,864 | 16,486 | |||||
| Net non-operating income and expenses | ||||||||||
| Interest expense - net | (1,203) | (1,256) | (1,158) | (2,459) | (2,265) | |||||
| Foreign exchange gain (loss) - net | 11,885 | (1,675) | (1,420) | 10,210 | (4,639) | |||||
| Gain (Loss) on valuation of financial assets and liabilities - net | (12,098) | 2,873 | 2,664 | (9,225) | 6,762 | |||||
| Gain on equity-method investments - net | 223 | 40 | 459 | 263 | 516 | |||||
| Others - net | 255 | 157 | 551 | 412 | 1,057 | |||||
| Total non-operating income and expenses | (938) | 139 | 1,096 | (799) | 1,431 | |||||
| Income before tax | 9,255 | 9,810 | 10,105 | 19,065 | 17,917 | |||||
| Income tax expense | (1,576) | (2,022) | (1,950) | (3,598) | (3,843) | |||||
| Income from operations and before non-controlling interests | 7,679 | 7,788 | 8,155 | 15,467 | 14,074 | |||||
| Non-controlling interests | (158) | (234) | (377) | (392) | (636) | |||||
| Net income attributable to shareholders of the parent |
7,521
|
7,554
|
7,778
|
15,075
|
13,438
|
|||||
| Per share data: | ||||||||||
| Earnings per share | ||||||||||
| – Basic | NT$1.74 | NT$1.75 | NT$1.80 | NT$3.48 | NT$3.11 | |||||
| – Diluted | NT$1.70 | NT$1.64 | NT$1.75 | NT$3.34 | NT$3.01 | |||||
| Earnings per equivalent ADS | ||||||||||
| – Basic | US$0.111 | US$0.106 | US$0.112 | US$0.218 | US$0.196 | |||||
| – Diluted | US$0.109 | US$0.100 | US$0.109 | US$0.209 | US$0.190 | |||||
| Number of weighted average shares used in diluted EPS calculation ( in thousand shares) | 4,395,187 | 4,410,238 | 4,383,325 | 4,406,107 | 4,376,301 | |||||
| FX (NTD/USD) | 31.18 | 32.79 | 32.23 | 31.99 | 31.77 | |||||
8
ASE Technology Holding Co., Ltd.
Summary of ATM Statement of Income Data
(In NT$ million)
(Unaudited)
| For the three months ended | For the six months ended | |||||||||
|
Jun. 30 2025 |
Mar. 31 2025 |
Jun. 30 2024 |
Jun. 30 2025 |
Jun. 30 2024 |
||||||
| Net revenues: | ||||||||||
| Packaging | 74,440 | 69,360 | 63,838 | 143,800 | 124,226 | |||||
| Testing | 16,612 | 16,004 | 12,623 | 32,616 | 24,725 | |||||
| Direct Material | 1,431 | 1,219 | 1,264 | 2,650 | 2,602 | |||||
| Others | 82 | 85 | 88 | 167 | 168 | |||||
| Total net revenues | 92,565 | 86,668 | 77,813 | 179,233 | 151,721 | |||||
| Cost of revenues | (72,317) | (67,057) | (60,612) | (139,374) | (118,963) | |||||
| Gross profit | 20,248 | 19,611 | 17,201 | 39,859 | 32,758 | |||||
| Operating expenses: | ||||||||||
| Research and development | (6,320) | (6,043) | (5,483) | (12,363) | (10,618) | |||||
| Selling, general and administrative | (5,111) | (5,233) | (4,464) | (10,344) | (8,809) | |||||
| Total operating expenses | (11,431) | (11,276) | (9,947) | (22,707) | (19,427) | |||||
| Operating income | 8,817 | 8,335 | 7,254 | 17,152 | 13,331 | |||||
9
ASE Technology Holding Co., Ltd.
Summary of EMS Statement of Income Data
(In NT$ million)
(Unaudited)
| For the three months ended | For the six months ended | |||||||||
|
Jun. 30 2025
|
Mar. 31 2025
|
Jun. 30 2024 (Retrospectively Adjusted) |
Jun. 30 2025
|
Jun. 30 2024 (Retrospectively Adjusted) |
||||||
| Net revenues | 58,770 | 62,295 | 62,907 | 121,065 | 122,272 | |||||
| Cost of revenues | (53,221) | (56,767) | (56,882) | (109,988) | (110,795) | |||||
| Gross profit | 5,549 | 5,528 | 6,025 | 11,077 | 11,477 | |||||
| Operating expenses | ||||||||||
| Research and development | (1,723) | (1,580) | (1,668) | (3,303) | (3,201) | |||||
| Selling, general and administrative | (2,313) | (2,340) | (2,415) | (4,653) | (4,724) | |||||
| Total operating expenses | (4,036) | (3,920) | (4,083) | (7,956) | (7,925) | |||||
| Operating income | 1,513 | 1,608 | 1,942 | 3,121 | 3,552 | |||||
10
ASE Technology Holding Co., Ltd.
Summary of Consolidated Balance Sheet Data
(In NT$ million)
(Unaudited)
|
As of Jun. 30, 2025 |
As of Mar. 31, 2025 | |||||
| Current assets | ||||||
| Cash and cash equivalents | 72,785 | 77,100 | ||||
| Financial assets – current | 4,118 | 16,435 | ||||
| Trade receivables | 103,101 | 109,717 | ||||
| Inventories | 57,058 | 59,858 | ||||
| Others | 16,933 | 15,542 | ||||
| Total current assets | 253,995 | 278,652 | ||||
| Financial assets - non-current & investments - equity -method | 38,409 | 41,428 | ||||
| Property, plant and equipment | 364,849 | 342,056 | ||||
| Right-of-use assets | 11,721 | 11,754 | ||||
| Intangible assets | 65,610 | 66,955 | ||||
| Others | 30,591 | 33,332 | ||||
| Total assets | 765,175 | 774,177 | ||||
| Current liabilities | ||||||
| Short-term borrowings3 | 40,369 | 55,485 | ||||
| Long-term debts - current portion | 12,930 | 20,774 | ||||
| Trade payables | 70,518 | 74,382 | ||||
| Others | 125,153 | 117,101 | ||||
| Total current liabilities | 248,970 | 267,742 | ||||
| Bonds payable | 16,668 | 21,066 | ||||
| Long-term borrowings3 | 162,326 | 126,708 | ||||
| Other liabilities | 22,276 | 23,638 | ||||
| Total liabilities | 450,240 | 439,154 | ||||
| Equity attributable to shareholders of the parent | 293,770 | 311,522 | ||||
| Non-controlling interests | 21,165 | 23,501 | ||||
| Total liabilities & shareholders’ equity | 765,175 | 774,177 | ||||
| Current ratio | 1.02 | 1.04 | ||||
| Net debt to equity ratio | 0.52 | 0.41 |
3 Borrowings include bank loans and bills payable.
11
ASE Technology Holding Co., Ltd.
Summary of Consolidated Statement of Cash Flow Data
(In NT$ million)
(Unaudited)
| For the three months ended | For the six months ended | ||||||||||
|
Jun. 30 2025 |
Mar. 31 2025 |
Jun. 30 2024 |
Jun. 30 2025 |
Jun. 30 2024 |
|||||||
| (Retrospectively Adjusted) | (Retrospectively Adjusted) | ||||||||||
| Cash Flows from Operating Activities: | |||||||||||
| Profit before income tax | 9,255 | 9,810 | 10,105 | 19,065 | 17,917 | ||||||
| Depreciation & amortization | 16,531 | 16,092 | 14,813 | 32,623 | 29,412 | ||||||
| Other operating activities items | 11,059 | (5,929) | (8,132) | 5,130 | (13,849) | ||||||
| Net cash generated from operating activities | 36,845 | 19,973 | 16,786 | 56,818 | 33,480 | ||||||
| Cash Flows from Investing Activities: | |||||||||||
| Net payments for property, plant and equipment | (43,104) | (36,349) | (14,786) | (79,453) | (27,299) | ||||||
| Other investment activities items | (469) | (1,212) | 304 | (1,681) | (2,690) | ||||||
| Net cash used in investing activities | (43,573) | (37,561) | (14,482) | (81,134) | (29,989) | ||||||
| Cash Flows from Financing Activities: | |||||||||||
| Total net proceeds from (repayment of) borrowings and bonds | 22,159 | 16,149 | (12,330) | 38,308 | (12,470) | ||||||
| Other financing activities items | (662) | 262 | (1,093) | (400) | (1,126) | ||||||
| Net cash generated from (used in) financing activities | 21,497 | 16,411 | (13,423) | 37,908 | (13,596) | ||||||
| Foreign currency exchange effect | (19,084) | 1,784 | 2,187 | (17,300) | 8,994 | ||||||
| Net increase (decrease) in cash and cash equivalents | (4,315) | 607 | (8,932) | (3,708) | (1,111) | ||||||
| Cash and cash equivalents at the beginning of period | 77,100 | 76,493 | 75,105 | 76,493 | 67,284 | ||||||
| Cash and cash equivalents at the end of period | 72,785 | 77,100 | 66,173 | 72,785 | 66,173 | ||||||
12
FAQ
Where can investors find Willis Towers Watson’s Q2 2025 financial figures?
Are the earnings materials considered "filed" with the SEC?
What trading symbol and exchange does Willis Towers Watson use?
Who signed the Form 8-K for Willis Towers Watson?
What additional exhibit accompanies the 8-K besides the earnings documents?
