RESULTS OF OPERATIONS
3Q16 Results Highlights - Consolidated
- Net revenue contribution from packaging operations, testing operations, EMS operations, substrates sold to third parties and others, each represented approximately 46%, 10%, 43%, 1% and 0%, respectively, of total net revenues for the quarter.
- Cost of revenue was NT$58,671 million for the quarter, up from NT$50,346 million in 2Q16.
- Raw material cost totaled NT$33,983 million for the quarter, representing 47% of total net revenues.
- Labor cost totaled NT$9,303 million for the quarter, representing 13% of total net revenues.
- Depreciation, amortization and rental expenses totaled NT$7,097 million for the quarter.
- Gross margin decreased 0.2 percentage points to 19.4% in 3Q16 from 19.6% in 2Q16.
- Operating margin was 10.2% in 3Q16 compared to 9.5% in 2Q16.
- In terms of non-operating items:
- Net interest expense was NT$478 million.
- Net foreign exchange gain of NT$1,593 million was primarily attributable to the depreciation of the U.S. dollar against the NT dollar.
- Loss on valuation of financial assets and liabilities was NT$1,998 million.
- Net gain on equity-method investments was NT$457 million, including NT$472 million of the share of profit from our investment in Siliconware Precision Industries Co., Ltd.
- Other net non-operating loss of NT$137 million was primarily related to miscellaneous loss. Total non-operating expenses for the quarter were NT$563 million.
- Income before tax was NT$6,875 million for 3Q16, compared to NT$6,122 million in 2Q16. We recorded income tax expenses of NT$976 million for the quarter, compared to NT$1,523 million in 2Q16.
- In 3Q16, net income attributable to shareholders of the parent was NT$5,506 million, compared to net income attributable to shareholders of the parent of NT$6,368 million in 3Q15 and net income attributable to shareholders of the parent of NT$4,328 million in 2Q16.
- Our total number of shares outstanding at the end of the quarter was 7,936,473,546, including treasury stock owned by our subsidiaries. Our 3Q16 basic earnings per share of NT$0.72 (or US$0.113 per ADS) were based on 7,668,007,639 weighted average number of shares outstanding in 3Q16. Our 3Q16 diluted earnings per share of NT$0.64 (or US$0.101 per ADS) were based on 8,252,368,742 weighted average number of shares outstanding in 3Q16.
3Q16 Results Highlights - IC ATM[2]
- Cost of revenues was NT$32,037 million for the quarter, up by 11% sequentially.
- Raw material cost totaled NT$10,022 million for the quarter, representing 23% of total net revenues.
- Labor cost totaled NT$8,029 million for the quarter, representing 19% of total net revenues.
- Depreciation, amortization and rental expenses totaled NT$6,512 million for the quarter.
- Gross margin increased 0.7 percentage points to 25.5% in 3Q16 from 24.8% in 2Q16.
- Operating margin was 14.4% in 3Q16 compared to 12.9% in 2Q16.
3Q16 Results Highlights - EMS
- Cost of revenues for the quarter was NT$28,066 million, up by 26% sequentially.
- Raw material cost totaled NT$24,095 million for the quarter, representing 77% of total net revenues.
- Labor cost totaled NT$1,273 million for the quarter, representing 4% of total net revenues.
- Depreciation, amortization and rental expenses totaled NT$620 million for the quarter.
- Gross margin decreased to 10.0% in 3Q16 from 10.3% in 2Q16.
- Operating margin increased to 3.9% in 3Q16 from 3.3% in 2Q16.
LIQUIDITY AND CAPITAL RESOURCES
- Capital expenditures in 3Q16 totaled US$184 million, of which US$112 million were used in packaging operations, US$57 million in testing operations, US$10 million in EMS operations and US$5 million in interconnect materials operations.
- As of September 30, 2016, total unused credit lines amounted to NT$169,525 million.
- Current ratio was 1.21 and net debt to equity ratio was 0.50 as of September 30, 2016.
- Total number of employees was 68,141 as of September 30, 2016, compared to 65,437 as of June 30, 2016.
Business Review
Packaging Operations[3]
- Gross margin for our packaging operations for the quarter was 22.2%, up by 0.7 percentage points from 2Q16.
- Capital expenditures for our packaging operations amounted to US$112 million for the quarter, of which US$64 million were used in purchases of wafer bumping and flip chip packaging equipment, US$47 million were used in purchase of common equipment, including SiP equipment purchases, and US$1 million were used in wirebond packaging specific purposes.
Testing Operations
- Depreciation, amortization and rental expense associated with our testing operations amounted to NT$1,739 million during the quarter, up from NT$1,657 million in 2Q16.
- In 3Q16, gross margin for our testing operations was 38.9%, up by 2.1 percentage point from 2Q16.
- Capital expenditures for our testing operations amounted to US$57 million during the quarter.
EMS Operations
- In 3Q16, gross margin for our EMS operations was 10.0%, down by 0.3 percentage points from 2Q16.
- Capital expenditures for our EMS operations amounted to US$10 million during the quarter.
Substrate Operations
- PBGA substrate manufactured by ASE amounted to NT$2,344 million for the quarter, down by NT$133 million, or by 5% from 2Q16. Of the total output of NT$2,344 million, NT$805 million was from sales to external customers.
- Gross margin for substrate operations was 14.8% for the quarter, down by 4.0 percentage points from 2Q16.
- In 3Q16, our internal substrate manufacturing operations supplied 27% (by value) of our total substrate requirements.
Customers
IC ATM consolidated Basis
- Our five largest customers together accounted for approximately 34% of our total net revenues in 3Q16, compared to 35% in 2Q16. No customer accounted for more than 10% of our total net revenues in 3Q16.
- Our top 10 customers contributed 50% of our total net revenues during the quarter, compared to 51% in 2Q16.
- Our customers that are integrated device manufacturers, or IDMs, accounted for 36% of our total net revenues during the quarter, compared to 33% in 2Q16.
EMS Basis
- Our five largest customers together accounted for approximately 80% of our total net revenues in 3Q16, compared to 76% in 2Q16. One customer accounted for more than 10% of our total net revenues in 3Q16.
- Our top 10 customers contributed 90% of our total net revenues for the quarter, compared to 88% in 2Q16.
|
[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. |
OUTLOOK
Based on our current business outlook and exchange rate assumptions, management projects overall performance for the fourth quarter of 2016 to be as follows:
- IC ATM capacity should be flat quarter over quarter;
- IC ATM blended utilization rate should decrease 0-5% sequentially;
- IC ATM gross margin should be similar with prior quarter;
- EMS business capacity should be flat quarter over quarter; blended utilization rate should increase 10-15% quarter over quarter;
- EMS gross margin should be consistent with our gross margin during the first half of 2016.
About ASE, Inc.
ASE, Inc. is among the leading providers of packaging services and testing services, including front-end engineering testing, wafer probing and final testing services. With advanced technological capabilities and a global presence spanning Taiwan, China, Korea, Japan, Singapore, Malaysia and the United States, ASE, Inc. has established a reputation for reliable, high quality products and services. For more information, please visit our website at http://www.aseglobal.com.
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, including statements regarding our future results of operations and business prospects. 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. Our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons, including 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 uncertainties as to whether we can complete the acquisition of 100% of Siliconware Precision Industries Co., Ltd. shares not otherwise owned by ASE; the strained relationship between the Republic of China and the People's Republic of China; general economic and political conditions; the recent global economic crisis; 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 our 2015 Annual Report on Form 20-F filed on April 29, 2016.
Supplemental Financial Information
IC ATM Consolidated Operations
|
Amounts in NT$ Millions |
3Q/16 |
2Q/16 |
3Q/15 |
|
Net Revenues |
43,006 |
38,504 |
39,862 |
|
Revenues by Application |
|
|
|
|
Communication |
53% |
52% |
55% |
|
Computer |
12% |
12% |
11% |
|
Automotive, Consumer & Others |
35% |
36% |
34% |
Packaging Operations
|
Amounts in NT$ Millions |
3Q/16 |
2Q/16 |
3Q/15 |
|
Net Revenues |
34,832 |
31,180 |
32,489 |
|
Revenues by Packaging Type |
|
|
|
|
Bumping, Flip Chip, WLP
|
33% |
31% |
34% |
|
IC Wirebonding |
57% |
61% |
56% |
|
Discrete and Others |
10% |
8% |
10% |
|
Capacity |
|
|
|
|
CapEx (US$ Millions)* |
112 |
136 |
83 |
|
Number of Wirebonders |
15,905 |
15,920 |
15,617 |
Testing Operations
|
Amounts in NT$ Millions |
3Q/16 |
2Q/16 |
3Q/15 |
|
Net Revenues |
7,232 |
6,502 |
6,426 |
|
Revenues by Testing Type |
|
|
|
|
Final test |
75% |
77% |
76% |
|
Wafer sort |
21% |
20% |
20% |
|
Engineering test |
4% |
3% |
4% |
|
Capacity |
|
|
|
|
CapEx (US$ Millions)* |
57 |
107 |
25 |
|
Number of Testers |
3,725 |
3,629 |
3,417 |
EMS Operations
|
Amounts in NT$ Millions |
3Q/16 |
2Q/16 |
3Q/15 |
|
Net Revenues |
31,190 |
24,886 |
36,161 |
|
Revenues by End Application |
|
|
|
|
Communication |
51% |
46% |
56% |
|
Computer |
16% |
20% |
13% |
|
Consumer |
20% |
18% |
19% |
|
Industrial |
7% |
8% |
7% |
|
Automotive |
5% |
7% |
4% |
|
Others |
1% |
1% |
1% |
|
Capacity |
|
|
|
|
CapEx (US$ Millions)* |
10 |
4 |
24 |
|
* Capital expenditure excludes building construction costs. | |||
|
Advanced Semiconductor Engineering, Inc. | ||||||||||
|
Summary of Consolidated Statement of Comprehensive Income Data | ||||||||||
|
(In NT$ millions, except per share data) | ||||||||||
|
(Unaudited) | ||||||||||
|
|
For the three months ended |
|
For the nine months ended | |||||||
|
|
Sep. 30 2016 |
|
Jun. 30 2016 |
|
Sep. 30 2015 |
|
Sep. 30 2016 |
|
Sep. 30 2015 | |
|
Net revenues: |
|
|
|
|
|
|
|
|
| |
|
Packaging |
33,449 |
|
30,178 |
|
29,575 |
|
91,663 |
|
87,514 | |
|
Testing |
7,231 |
|
6,503 |
|
6,426 |
|
19,729 |
|
18,837 | |
|
Direct Material |
805 |
|
759 |
|
762 |
|
2,456 |
|
2,462 | |
|
EMS |
31,174 |
|
24,845 |
|
36,107 |
|
80,768 |
|
98,941 | |
|
Others |
125 |
|
316 |
|
- |
|
3,140 |
|
- | |
|
Total net revenues |
72,784 |
|
62,601 |
|
72,870 |
|
197,756 |
|
207,754 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Cost of revenues |
(58,671) |
|
(50,346) |
|
(59,883) |
|
(159,939) |
|
(170,888) | |
|
Gross profit |
14,113 |
|
12,255 |
|
12,987 |
|
37,817 |
|
36,866 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Operating expenses: |
|
|
|
|
|
|
|
|
| |
|
Research and development |
(2,947) |
|
(2,745) |
|
(2,844) |
|
(8,300) |
|
(8,124) | |
|
Selling, general and administrative |
(3,728) |
|
(3,579) |
|
(3,761) |
|
(10,942) |
|
(10,659) | |
|
Total operating expenses |
(6,675) |
|
(6,324) |
|
(6,605) |
|
(19,242) |
|
(18,783) | |
|
Operating income |
7,438 |
|
5,931 |
|
6,382 |
|
18,575 |
|
18,083 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Net non-operating (expenses) income: |
|
|
|
|
|
|
|
|
| |
|
Interest expense - net |
(478) |
|
(532) |
|
(492) |
|
(1,536) |
|
(1,489) | |
|
Foreign exchange gain (loss) |
1,593 |
|
(238) |
|
(2,520) |
|
2,236 |
|
(1,141) | |
|
Gain (loss) on valuation of financial assets
|
(1,998) |
|
858 |
|
4,502 |
|
(1,500) |
|
3,184 | |
|
Gain (loss) on equity-method investments[4] |
457 |
|
541 |
|
29 |
|
1,101 |
|
(21) | |
|
Others |
(137) |
|
(438) |
|
(91) |
|
(504) |
|
100 | |
|
Total non-operating income (expenses) |
(563) |
|
191 |
|
1,428 |
|
(203) |
|
633 | |
|
Income before tax |
6,875 |
|
6,122 |
|
7,810 |
|
18,372 |
|
18,716 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Income tax expense |
(976) |
|
(1,523) |
|
(1,127) |
|
(3,817) |
|
(3,579) | |
|
Income from continuing operations and
|
5,899 |
|
4,599 |
|
6,683 |
|
14,555 |
|
15,137 | |
|
Noncontrolling interest |
(393) |
|
(271) |
|
(315) |
|
(839) |
|
(648) | |
|
|
|
|
|
|
|
|
|
|
| |
|
Net income attributable to
|
5,506 |
|
4,328 |
|
6,368 |
|
13,716 |
|
14,489 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Per share data: |
|
|
|
|
|
|
|
|
| |
|
Earnings (losses) per share |
|
|
|
|
|
|
|
|
| |
|
- Basic |
NT$0.72 |
|
NT$0.57 |
|
NT$0.83 |
|
NT$1.79 |
|
NT$1.89 | |
|
- Diluted |
NT$0.64 |
|
NT$0.47 |
|
NT$0.69 |
|
NT$1.50 |
|
NT$1.76 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Earnings (losses) per equivalent ADS |
|
|
|
|
|
|
|
|
| |
|
- Basic |
US$0.113 |
|
US$0.087 |
|
US$0.132 |
|
US$0.276 |
|
US$0.302 | |
|
- Diluted |
US$0.101 |
|
US$0.073 |
|
US$0.109 |
|
US$0.232 |
|
US$0.281 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Number of weighted average shares used in
|
8,252,369 |
|
8,238,396 |
|
8,230,923 |
|
8,272,939 |
|
8,240,964 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Exchange rate (NT$ per US$1) |
31.78 |
|
32.40 |
|
31.69 |
|
32.42 |
|
31.35 | |
|
Advanced Semiconductor Engineering, Inc. | ||||||||||
|
Summary of Consolidated Statement of Comprehensive Income Data - IC ATM | ||||||||||
|
(In NT$ millions, except per share data) | ||||||||||
|
(Unaudited) | ||||||||||
|
|
For the three months ended |
|
For the nine months ended | |||||||
|
|
Sep. 30 2016 |
|
Jun. 30 2016 |
|
Sep. 30 2015 |
|
Sep. 30 2016 |
|
Sep. 30 2015 | |
|
Net revenues: |
|
|
|
|
|
|
|
|
| |
|
Packaging |
34,832 |
|
31,180 |
|
32,489 |
|
94,609 |
|
94,593 | |
|
Testing |
7,232 |
|
6,502 |
|
6,426 |
|
19,729 |
|
18,836 | |
|
Direct Material |
920 |
|
801 |
|
928 |
|
2,652 |
|
2,654 | |
|
Others |
22 |
|
21 |
|
19 |
|
63 |
|
55 | |
|
Total net revenues |
43,006 |
|
38,504 |
|
39,862 |
|
117,053 |
|
116,138 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Cost of revenues |
(32,037) |
|
(28,943) |
|
(29,211) |
|
(88,691) |
|
(85,988) | |
|
Gross profit |
10,969 |
|
9,561 |
|
10,651 |
|
28,362 |
|
30,150 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Operating expenses: |
|
|
|
|
|
|
|
|
| |
|
Research and development |
(2,130) |
|
(2,021) |
|
(2,125) |
|
(6,073) |
|
(6,003) | |
|
Selling, general and administrative |
(2,646) |
|
(2,583) |
|
(2,882) |
|
(7,917) |
|
(7,856) | |
|
Total operating expenses |
(4,776) |
|
(4,604) |
|
(5,007) |
|
(13,990) |
|
(13,859) | |
|
Operating income |
6,193 |
|
4,957 |
|
5,644 |
|
14,372 |
|
16,291 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Net non-operating (expenses) income: |
|
|
|
|
|
|
|
|
| |
|
Interest expense - net |
(526) |
|
(576) |
|
(540) |
|
(1,705) |
|
(1,559) | |
|
Foreign exchange gain (loss) |
1,504 |
|
(306) |
|
(1,837) |
|
2,032 |
|
(675) | |
|
Gain (loss) on valuation of financial assets
|
(1,987) |
|
828 |
|
4,433 |
|
(1,420) |
|
2,788 | |
|
Gain (loss) on equity-method investments[4] |
1,287 |
|
1,144 |
|
(63) |
|
3,580 |
|
1,392 | |
|
Others |
(152) |
|
(397) |
|
(204) |
|
(425) |
|
(345) | |
|
Total non-operating income (expenses) |
126 |
|
693 |
|
1,789 |
|
2,062 |
|
1,601 | |
|
Income before tax |
6,319 |
|
5,650 |
|
7,433 |
|
16,434 |
|
17,892 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Income tax expense |
(719) |
|
(1,266) |
|
(1,016) |
|
(2,514) |
|
(3,262) | |
|
Income from continuing operations and
|
5,600 |
|
4,384 |
|
6,417 |
|
13,920 |
|
14,630 | |
|
Noncontrolling interest |
(94) |
|
(56) |
|
(49) |
|
(204) |
|
(141) | |
|
|
|
|
|
|
|
|
|
|
| |
|
Net income attributable to
|
5,506 |
|
4,328 |
|
6,368 |
|
13,716 |
|
14,489 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Advanced Semiconductor Engineering, Inc. | ||||||||||
|
Summary of Consolidated Statement of Comprehensive Income Data – EMS | ||||||||||
|
(In NT$ millions, except per share data) | ||||||||||
|
(Unaudited) | ||||||||||
|
|
For the three months ended |
|
For the nine months ended | |||||||
|
|
Sep. 30 2016 |
|
Jun. 30 2016 |
|
Sep. 30 2015 |
|
Sep. 30 2016 |
|
Sep. 30 2015 | |
|
Net revenues: |
|
|
|
|
|
|
|
|
| |
|
Total net revenues |
31,190 |
|
24,886 |
|
36,161 |
|
80,864 |
|
99,081 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Cost of revenues |
(28,066) |
|
(22,326) |
|
(33,176) |
|
(73,173) |
|
(91,625) | |
|
Gross profit |
3,124 |
|
2,560 |
|
2,985 |
|
7,691 |
|
7,456 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Operating expenses: |
|
|
|
|
|
|
|
|
| |
|
Research and development |
(841) |
|
(742) |
|
(746) |
|
(2,293) |
|
(2,190) | |
|
Selling, general and administrative |
(1,053) |
|
(996) |
|
(860) |
|
(2,969) |
|
(2,736) | |
|
Total operating expenses |
(1,894) |
|
(1,738) |
|
(1,606) |
|
(5,262) |
|
(4,926) | |
|
Operating income |
1,230 |
|
822 |
|
1,379 |
|
2,429 |
|
2,530 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Net non-operating (expenses) income: |
|
|
|
|
|
|
|
|
| |
|
Total non-operating income |
224 |
|
190 |
|
(558) |
|
492 |
|
81 | |
|
Income before tax |
1,454 |
|
1,012 |
|
821 |
|
2,921 |
|
2,611 | |
|
|
|
|
|
|
|
|
|
|
| |
|
Income tax expense |
(249) |
|
(205) |
|
(120) |
|
(535) |
|
(340) | |
|
Income from continuing operations and
|
1,205 |
|
807 |
|
701 |
|
2,386 |
|
2,271 | |
|
Noncontrolling interest |
(289) |
|
(204) |
|
(272) |
|
(601) |
|
(512) | |
|
|
|
|
|
|
|
|
|
|
| |
|
Net income attributable to
|
916 |
|
603 |
|
429 |
|
1,785 |
|
1,759 | |
|
Advanced Semiconductor Engineering, Inc. | |||||
|
Summary of Consolidated Balance Sheet Data | |||||
|
(In NT$ millions) | |||||
|
(Unaudited) | |||||
|
|
|
As of Sep. 30, 2016 |
|
As of Jun. 30, 2016 | |
|
|
|
|
|
| |
|
Current assets: |
|
|
|
| |
|
Cash and cash equivalents |
|
37,661 |
|
36,873 | |
|
Financial assets - current |
|
1,931 |
|
3,588 | |
|
Notes and accounts receivable |
|
52,010 |
|
44,680 | |
|
Inventories |
|
47,777 |
|
44,263 | |
|
Others |
|
3,990 |
|
7,567 | |
|
Total current assets |
|
143,369 |
|
136,971 | |
|
|
|
|
|
| |
|
Financial assets - non current & Investments -
|
|
51,975 |
|
49,543 | |
|
Property plant and equipment |
|
145,209 |
|
147,650 | |
|
Intangible assets |
|
12,217 |
|
11,898 | |
|
Prepaid lease payments |
|
2,382 |
|
2,402 | |
|
Others |
|
5,476 |
|
5,565 | |
|
Total assets |
|
360,628 |
|
354,029 | |
|
|
|
|
|
| |
|
Current liabilities: |
|
|
|
| |
|
Short-term borrowings and short-term bills payable |
|
33,007 |
|
18,319 | |
|
Current portion of bonds payable |
|
9,385 |
|
22,550 | |
|
Current portion of long-term borrowings & capital
|
|
6,384 |
|
5,229 | |
|
Notes and accounts payable |
|
37,856 |
|
31,340 | |
|
Others |
|
31,765 |
|
43,330 | |
|
Total current liabilities |
|
118,397
|
|
120,768
| |
|
|
|
|
|
| |
|
Bonds payable |
|
26,872 |
|
24,652 | |
|
Long-term borrowings & capital lease obligations |
|
44,255 |
|
39,664 | |
|
Other liabilities |
|
9,886 |
|
9,629 | |
|
Total liabilities |
|
199,410
|
|
194,713
| |
|
Shareholders of the parent |
|
150,159 |
|
148,449 | |
|
|
|
|
|
| |
|
Noncontrolling interest |
|
11,059 |
|
10,867 | |
|
Total liabilities & shareholders' equity |
|
360,628 |
|
354,029 | |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
Current Ratio |
|
1.21 |
|
1.13 | |
|
Net Debt to Equity |
|
0.50 |
|
0.44 | |
|
[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:
|
Michelle Jao, Manager
|
Grace Teng, Manager
|
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-third-quarter-of-2016-300352325.html
SOURCE Advanced Semiconductor Engineering, Inc.
| Contact: |
| Advanced Semiconductor Engineering, Inc.
Web: http://www.aseglobal.com |