ASE Technology Holding Files 6-K Report

Ticker: ASX · Form: 6-K · Filed: Apr 25, 2024 · CIK: 1122411

Ase Technology Holding CO., LTD. 6-K Filing Summary
FieldDetail
CompanyAse Technology Holding CO., LTD. (ASX)
Form Type6-K
Filed DateApr 25, 2024
Risk Levellow
Pages9
Reading Time11 min
Key Dollar Amounts$5,682 m, $5,817 million, $9,392 million, $1.32, $0.084
Sentimentneutral

Sentiment: neutral

Topics: sec-filing, foreign-private-issuer, administrative

Related Tickers: ASX

TL;DR

ASE Tech Holding filed a 6-K on 4/25, confirming its reporting status and Taiwan HQ.

AI Summary

ASE Technology Holding Co., Ltd. filed a Form 6-K on April 25, 2024, to report information as a foreign private issuer. The filing confirms the company's name and address in Kaohsiung, Taiwan, and indicates it files annual reports under Form 20-F. The report is signed by Joseph Tung on behalf of the company.

Why It Matters

This filing serves as an update for investors regarding the company's reporting status and administrative details, confirming its adherence to SEC regulations for foreign private issuers.

Risk Assessment

Risk Level: low — This is a routine administrative filing and does not contain new financial or operational information that would typically indicate a change in risk.

Key Players & Entities

FAQ

What is the purpose of a Form 6-K filing?

A Form 6-K is a report of foreign private issuers required to be filed with the SEC pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934, typically to provide information that the company makes or is required to make public in its home country.

Which annual report form does ASE Technology Holding Co., Ltd. file?

ASE Technology Holding Co., Ltd. files its annual reports under cover of Form 20-F.

Where are ASE Technology Holding Co., Ltd.'s principal executive offices located?

The principal executive offices of ASE Technology Holding Co., Ltd. are located at 26, Chin 3rd Road, Kaohsiung, Taiwan, Republic of China.

Who signed the Form 6-K filing on behalf of ASE Technology Holding Co., Ltd.?

The Form 6-K filing was signed by Joseph Tung on behalf of ASE Technology Holding Co., Ltd.

What was the filing date of this Form 6-K?

This Form 6-K was filed on April 25, 2024.

Filing Stats: 2,628 words · 11 min read · ~9 pages · Grade level 10.5 · Accepted 2024-04-25 06:08:25

Key Financial Figures

Filing Documents

SIGNATURES

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: April 25, 2024 By: /s/ Joseph Tung Name: Joseph Tung Title: Chief Financial Officer 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 First Quarter of 2024 Taipei, April 25, 2024 – ASE Technology Holding Co., Ltd. (T W SE: 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 unaudited net revenues 1 of NT$ 132,803 million for 1Q24, up by 1.5% year-over-year and down by 17.3% sequentially. Net income attributable to shareholders of the parent for the quarter totaled NT$5,682 million, down from NT$5,817 million in 1Q23 and down from NT$9,392 million in 4Q23. Basic earnings per share for the quarter were NT$1.32 (or US$0.084 per ADS), compared to NT$1.36 for 1Q23 and NT$2.18 for 4Q23. Diluted earnings per share for the quarter were NT$1.28 (or US$0.082 per ADS), compared to NT$1.30 for 1Q23 and NT$2.13 for 4Q23. RESULTS OF OPERATIONS 1Q24 Results Highlights – Consolidated l Net revenues from packaging operations, testing operations, EMS operations, and others represented approximately 45%, 9%, 45%, and 1% of the total net revenues for the quarter, respectively. l Cost of revenues was NT$111,935 million for the quarter, down from NT$134,820 million in 4Q23. - Raw material cost totaled NT$66,845 million for the quarter, representing 50% of the total net revenues. - Labor cost totaled NT$15,378 million for the quarter, representing 12% of the tot

Business

Business Review Customers ATM Basis l Our five largest customers together accounted for approximately 46% of our total net revenues in 1Q24, compared to 44% in 4Q23. Two customers each accounted for more than 10% of our total net revenues in 1Q24 individually. l Our top 10 customers contributed 61% of our total net revenues in 1Q24, compared to 58% in 4Q23. l Our customers that are integrated device manufacturers or IDMs accounted for 30% of our total net revenues in both 1Q24 and 4Q23. EMS Basis l Our five largest customers together accounted for approximately 67% of our total net revenues in 1Q24, compared to 72% in 4Q23. One customer accounted for more than 10% of our total net revenues in 1Q24. l Our top 10 customers contributed 75% of our total net revenues in 1Q24, compared to 79% in 4Q23. 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, 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 . 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

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