ASE Technology Holding(US:ASX) Prnewswire·2025-10-30 06:45Core Insights - ASE Technology Holding Co., Ltd. reported unaudited net revenues of NT$168,569 million for Q3 2025, representing a year-over-year increase of 5.3% and a sequential increase of 11.8% [1] - The net income attributable to shareholders for the quarter was NT$10,870 million, up from NT$9,733 million in Q3 2024 and NT$7,521 million in Q2 2025 [1] - Basic earnings per share for the quarter were NT$2.50 (US$0.168 per ADS), compared to NT$2.25 for Q3 2024 and NT$1.74 for Q2 2025 [1] Financial Performance - Total non-operating income for the quarter was NT$775 million [3] - Cost of revenues was NT$139,692 million, up from NT$125,063 million in Q2 2025 [5] - Gross margin increased to 17.1% in Q3 2025 from 17.0% in Q2 2025, while operating margin improved to 7.8% from 6.8% [5] - Income before tax was NT$13,976 million, compared to NT$9,255 million in Q2 2025 [5] Revenue Breakdown - Net revenues from packaging operations, testing operations, EMS operations, and others represented approximately 47%, 11%, 41%, and 1% of total net revenues, respectively [5] - Net revenues for ATM operations were NT$100,289 million, up by 16.9% year-over-year and 8.3% sequentially [11] - Net revenues for EMS operations were NT$69,022 million, down by 8.4% year-over-year but up by 17.4% sequentially [13] Cost Structure - Raw material costs totaled NT$83,106 million, representing 49% of total net revenues [5] - Labor costs amounted to NT$18,525 million, accounting for 11% of total net revenues [5] - Depreciation, amortization, and rental expenses totaled NT$15,650 million for the quarter [5] Customer Concentration - The five largest customers accounted for approximately 41% of total net revenues in Q3 2025, down from 43% in Q2 2025 [9] - Top 10 customers contributed 58% of total net revenues in Q3 2025, compared to 60% in Q2 2025 [9] Capital Expenditures - Equipment capital expenditures in Q3 2025 totaled US$779 million, with US$534 million allocated to packaging operations [9]