ASE Technology Holding(US:ASX)2025-04-30 11:00Financial Performance - Consolidated - Total net revenues for Q1 2025 were NT$148,153 million, a 9% decrease QoQ and a 12% increase YoY[3] - ATM (Assembly, Testing, and Material) revenue was NT$85,606 million, representing 57.8% of total net revenues[3] - EMS (Electronic Manufacturing Services) revenue was NT$61,860 million, accounting for 41.7% of total net revenues[3] - Net income attributable to shareholders of the parent was NT$7,554 million[3] Financial Performance - ATM - ATM revenue in Q1 2025 reached NT$85,606 million, a 2% decrease QoQ but a 17% increase YoY[3] - Packaging accounted for 80.0% of ATM net revenues, totaling NT$69,360 million[7] - Testing contributed 18.5% to ATM net revenues, amounting to NT$16,004 million[7] - ATM gross profit was NT$19,611 million, with a gross margin of 22.6%[7] Financial Performance - EMS - EMS net revenues for Q1 2025 were NT$62,295 million, a 17% decrease QoQ and a 5% increase YoY[17] - EMS gross profit was NT$5,528 million, resulting in a gross margin of 8.9%[17] Balance Sheet Items - Cash and cash equivalents stood at NT$77,100 million as of March 31, 2025[19] - Total assets amounted to NT$774,177 million[19] - Total liabilities were NT$439,154 million[19] - Total equity (including non-controlling interest) was NT$335,023 million[19] Q2 2025 Outlook - The company projects ATM revenue growth of 9% to 11% QoQ in NT dollar terms[24] - The company anticipates ATM gross margin to increase by 140-180 basis points QoQ[24] - The company expects EMS revenue to decline by 10% YoY in NT dollar terms[24] - The company forecasts EMS operating margin to decline by 100 basis points YoY[24]