ASE Technology Holding(US:ASX) Prnewswireยท2025-07-31 06:45Core Insights - ASE Technology Holding Co., Ltd. reported unaudited net revenues of NT$150,750 million for 2Q25, representing a year-over-year increase of 7.5% and a sequential increase of 1.8% [1] - Net income attributable to shareholders for the quarter was NT$7,521 million, down from NT$7,778 million in 2Q24 and NT$7,554 million in 1Q25 [1] - Basic earnings per share for 2Q25 were NT$1.74 (US$0.111 per ADS), compared to NT$1.80 for 2Q24 and NT$1.75 for 1Q25 [1] Financial Performance - Net revenues from packaging operations, testing operations, EMS operations, and others accounted for approximately 49%, 11%, 39%, and 1% of total net revenues, respectively [6] - Cost of revenues for the quarter was NT$125,063 million, an increase from NT$123,260 million in 1Q25 [6] - Gross margin increased by 0.2 percentage points to 17.0% in 2Q25 from 16.8% in 1Q25 [6] - Operating margin was 6.8% in 2Q25, compared to 6.5% in 1Q25 [6] Non-Operating Items - Net foreign exchange gain was NT$11,885 million, primarily due to the depreciation of the U.S. dollar against the New Taiwan dollar [3] - Total non-operating expenses for the quarter were NT$938 million [6] - Income before tax was NT$9,255 million in 2Q25, compared to NT$9,810 million in 1Q25 [6] Customer Concentration - The five largest customers accounted for approximately 43% of total net revenues in 2Q25, down from 44% in 1Q25 [11] - One customer represented more than 10% of total net revenues in 2Q25 [11] - Top 10 customers contributed 60% of total net revenues in 2Q25, compared to 61% in 1Q25 [11] Capital Expenditures - Equipment capital expenditures in 2Q25 totaled US$992 million, with US$690 million allocated to packaging operations [11] - Total unused credit lines amounted to NT$355,299 million as of June 30, 2025 [11] - Current ratio was 1.02 and net debt to equity ratio was 0.52 as of June 30, 2025 [11]