bob体彩Amkor Technology向2019年第一季度报告财务业绩
First Quarter Highlights
- 第一季度净销售额
895美元million - 营业收入
1300万美元 - 净利润增长
(23美元)百万 ,earnings per diluted share(0.10美元) - 息税折旧摊销前利润
$153million
他说:“我们第一季度的经营业绩超出预期,毛利率高于指导值的上限。”
结果 | Q1 2019 | Q4 2018 | Q1 2018 | |||
(百万美元,每股数据除外) | ||||||
净销售额 | 895美元 | $1,081 | $1,025 | |||
Gross margin | 13.5% | 16.9% | 15.4% | |||
营业收入 | $13 | $75 | $36 | |||
净利润增长在tributable to Amkor (1) | ($23) | $28 | $10 | |||
每个摊薄股份的收益(1) | (0.10美元) | $0.12 | $0.04 | |||
息税折旧摊销前利润(2) | $153 | 219美元 | $175 | |||
1) 2019年第一季度净收入包括
2)EBITDA是非GAAP测量。对可比GAAP测量的对帐包括在“选定的操作数据”下包括下面。
“我们实现了一个稳健的季度,营业收入远高于预期,”他说
净债务约为
商业前景
“我们预计2019年第二季度收入持续到第一季度,反映了一个更稳定的市场,”Kelley说。“我们计划保持强烈关注成本和
2019年第二季度展望(除非另有说明):
- 净销售
8.5亿至9.3亿美元 - Gross margin of 9% to 14%
- 净利润增长of
(59美元)百万 至(10美元) ,or($0.25) to ($0.04) per diluted share - 2019年全年大约资本支出
4.75亿美元
电话会议信息
关于
AMKOR TECHNOLOGY, INC. 选择的操作数据 |
||||||||||||
Q1 2019 | Q4 2018 | Q1 2018 | ||||||||||
净销售额数据: | ||||||||||||
净销售额(百万): | ||||||||||||
高级产品(1) | $ | 42.2 | $ | 564 | $ | 476 | ||||||
主流产品(2) | 473 | 517 | 549 | |||||||||
总净销售额 | $ | 895 | $ | 1,081 | $ | 1,025 | ||||||
Packaging services | 82. | % | 84. | % | 81. | % | ||||||
测试服务 | 18 | % | 16 | % | 19 | % | ||||||
前十大客户的净销售额 | 66. | % | 61. | % | 69. | % | ||||||
最终市场数据: | ||||||||||||
Communications (smartphones, tablets, handheld devices) | 38 | % | 45. | % | 42. | % | ||||||
Automotive, industrial and other (driver assist, infotainment, safety, performance) | 28 | % | 25 | % | 26 | % | ||||||
计算(数据中心、基础设施、PC/笔记本电脑、存储) | 20 | % | 18 | % | 19 | % | ||||||
消费者(机顶盒、电视、联网家庭、个人电子产品、视觉成像) | 14 | % | 12 | % | 13 | % | ||||||
总计 | 100 | % | 100 | % | 100 | % | ||||||
Gross Margin Data: | ||||||||||||
净销售额 | 100.0 | % | 100.0 | % | 100.0 | % | ||||||
销售成本: | ||||||||||||
材料 | 38.0 | % | 38.8. | % | 36.9 | % | ||||||
劳动 | 17.4 | % | 16.0 | % | 17.5 | % | ||||||
Other manufacturing | 31.1 | % | 28.3. | % | 30.2 | % | ||||||
Gross margin | 13.5 | % | 16.9 | % | 15.4 | % | ||||||
1)先进的产品包括倒装芯片和晶圆级处理和相关测试服务
2)主流产品包括wirebond包装and related test services
在上述新闻稿中,我们提供了息税折旧摊销前利润(EBITDA),这不是美国公认会计准则的定义。我们将息税折旧摊销前利润定义为扣除利息费用、所得税费用和折旧摊销前的净收入。我们相信息税折旧摊销前利润对我们的投资者是相关和有用的信息,因为它为评估我们的财务经营业绩提供了额外的信息。我们的管理层使用息税折旧摊销前利润来评估我们的经营业绩、偿债能力和资本支出融资能力。然而,息税折旧摊销前利润有一定的局限性,因为它不能反映某些费用对我们合并损益表的影响,包括利息费用,利息费用是我们成本的一个必要因素,因为我们借钱来bob体ob体与软件下载为我们的经营、所得税费用、以及,这是我们成本的一个必要因素,因为税收是由法律规定的,折旧和摊销是我们成本的一个必要因素,因为我们使用资本资产来产生收入。息税折旧摊销前利润应作为营业收入、净收入或根据美国公认会计准则编制的其他财务业绩指标的补充,而不是替代或优于营业收入、净收入或其他财务业绩指标。此外,我们对息税折旧摊销前利润的定义可能无法与其他公司报告的类似标题的指标进行比较。以下是我们将息税折旧摊销前利润与美国公认会计准则净收入的对账。
非公认会计原则财务指标调节: | |||||||||||
Q1 2019 | Q4 2018 | Q1 2018 | |||||||||
(百万) | |||||||||||
息税折旧摊销前利润数据: | |||||||||||
净利润增长 | $ | (23 | ) | $ | 29 | $ | 10 | ||||
加:利息支出 | 19 | 18 | 20 | ||||||||
Plus: Income tax expense | 21 | 29 | 2 | ||||||||
加:折旧和摊销 | 136 | 143. | 143. | ||||||||
息税折旧摊销前利润 | $ | 153. | $ | 219 | $ | 175. | |||||
AMKOR TECHNOLOGY, INC. 合并损益表 (Unaudited) |
||||||||
结束了三个月 |
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2019 | 2018 | |||||||
(成千上万,除了每股数据除外) | ||||||||
净销售额 | $ | 894,964 | $ | 1,025,319 | ||||
Cost of sales | 774,203 | 867,548 | ||||||
毛利润 | 120,761 | 157,771. | ||||||
Selling, general and administrative | 71,587 | 80,723 | ||||||
研究与开发 | 35,754 | 40,929 | ||||||
营业费用合计 | 107,341 | 121,652 | ||||||
营业收入 | 13,420 | 36,119 | ||||||
利息花费 | 19,273 | 20,011 | ||||||
Other (income) expense, net | (4,565 | ) | 3,432 | |||||
总其他费用,网 | 14,708 | 23,443 | ||||||
Income (loss) before taxes | (1,288 | ) | 12,676 | |||||
所得税费用 | 21,380 | 2,481 | ||||||
净收入(亏损) | (22,668 | ) | 10,195 | |||||
归属于非控股权益的净收入 | (211 | ) | (651 | ) | ||||
净收入(亏损)在tributable to Amkor | $ | (22,879 | ) | $ | 9,544 | |||
税收(亏损)归因于每股常见份额: | ||||||||
基本 | $ | (0.10. | ) | $ | 0.04 | |||
Diluted | $ | (0.10. | ) | $ | 0.04 | |||
Shares used in computing per common share amounts: | ||||||||
基本 | 239,414 | 239,214 | ||||||
Diluted | 239,414 | 239,816 |
AMKOR TECHNOLOGY, INC. CONSOLIDATED BALANCE SHEETS (Unaudited) |
||||||||
3月31日, 2019 |
December 31, 2018 |
|||||||
(单位:千) | ||||||||
资产 | ||||||||
流动资产: | ||||||||
现金及现金等价物 | $ | 1,055,402 | $ | 681,569. | ||||
Restricted cash | 2,589 | 2,589 | ||||||
应收账款,扣除备抵 | 684,914 | 724,456 | ||||||
Inventories | 227,502 | 230,589 | ||||||
其他流动资产 | 32,522 | 32,005 | ||||||
流动资产总额 | 2,002,929 | 1,671,208 | ||||||
物业、厂房及设备净值 | 2,564,177 | 2,650,448 | ||||||
Operating lease right of use asset * | 122,982 | — | ||||||
商誉 | 25,449 | 25,720 | ||||||
Restricted cash | 2,929 | 3,893 | ||||||
Other assets | 128,720. | 144,178 | ||||||
总资产 | $ | 4,847,186 | $ | 4,495,447 | ||||
LIABILITIES AND EQUITY | ||||||||
Current liabilities: | ||||||||
短期借款和长期债务的流动部分 | $ | 638,702 | $ | 114,579 | ||||
Trade accounts payable | 459,383 | 530,398 | ||||||
应付资本支出 | 123,737 | 255,237 | ||||||
Accrued expenses | 245.,796 | 258,209 | ||||||
总计current liabilities | 1,467,618 | 1,158,423 | ||||||
长期债务 | 1,215,262 | 1,217,732 | ||||||
Pension and severance obligations | 181,826 | 184,321 | ||||||
长期经营租赁责任* | 73,876. | — | ||||||
Other non-current liabilities | 76,022 | 79,071 | ||||||
总计liabilities | 3,014,604 | 2,639,547 | ||||||
股东权益: | ||||||||
首选股票 | — | — | ||||||
普通股 | 285. | 285. | ||||||
资本的额外支付 | 1,911,179 | 1,909,425 | ||||||
Retained earnings | 90,310 | 113,189 | ||||||
累计其他综合收益(损失) | 21,456 | 23,812 | ||||||
库存股 | (216,219 | ) | (216,171. | ) | ||||
Amkor股东权益合计 | 1,807,011 | 1,830,540 | ||||||
Non-controlling interests in subsidiaries | 25,571 | 25,360. | ||||||
权益总额 | 1,832,582 | 1,855,900 | ||||||
总负债和股权 | $ | 4,847,186 | $ | 4,495,447 |
*有效
AMKOR TECHNOLOGY, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) |
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结束了三个月 |
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2019 | 2018 | |||||||
(单位:千) | ||||||||
经营活动中的现金流量: | ||||||||
净收入(亏损) | $ | (22,668 | ) | $ | 10,195 | |||
折旧和摊销 | 135,835 | 142,509 | ||||||
其他经营活动和非现金项目 | 15,928 | (4,734. | ) | |||||
Changes in assets and liabilities | (77,038. | ) | (339 | ) | ||||
经营活动提供的净现金 | 52,057 | 147,631 | ||||||
Cash flows from investing activities: | ||||||||
财产,植物和设备的付款 | (203,216 | ) | (230,603 | ) | ||||
出售物业、厂房及设备所得款项 | 180. | 342 | ||||||
财产、厂房和设备的保险赔偿收益 | 1,538 | — | ||||||
Other investing activities | (569 | ) | 656 | |||||
Net cash used in investing activities | (202,067 | ) | (229,605 | ) | ||||
来自融资活动的现金流量: | ||||||||
Proceeds from short-term debt | 29,781 | — | ||||||
Payments of short-term debt | (10,588 | ) | (17,352 | ) | ||||
发行长期债务所得 | 572,375 | — | ||||||
支付长期债务 | (63,636 | ) | (6,220 | ) | ||||
支付融资租赁债务 | (1,376 | ) | (808. | ) | ||||
Other financing activities | (2,848 | ) | 45.5 | |||||
筹资活动提供(使用)的现金净额 |
523,708 | (23,925 | ) | |||||
汇率波动对现金,现金等价物和限制现金的影响 | (829. | ) | 3,892 | |||||
净增加(减少)现金,现金等价物和限制现金 | 372,869 | (102,007 | ) | |||||
期初现金、现金等价物和限制性现金 | 688,051 | 602,851 | ||||||
现金,现金等价物和限制现金,期末 | $ | 1,060,920 | $ | 500,844 | ||||
前瞻性声明免责声明
此新闻稿包含联邦证券法的含义中的前瞻性陈述。历史事实陈述以外的所有陈述被视为前瞻性陈述,包括在上面的“业务前景”下的所有陈述。这些前瞻性陈述涉及可能影响未来结果的许多风险,不确定性,假设和其他因素,并导致实际结果和事件从历史和预期结果和前瞻性陈述中表达或暗示的那些,包括,但不限于以下内容:
- the highly unpredictable nature, cyclicality, and rate of growth of the semiconductor industry;
- 与生产能力相关的订单时间和数量,以及无法实现高产能利用率、控制成本和提高盈利能力的情况;
- laws, rules, regulations and policies imposed by the U.S. or foreign governments in areas such as tariffs, customs, duties and other restrictive trade barriers, national security, data privacy and cybersecurity, antitrust and competition, tax, currency and banking, privacy, labor, environmental, health and safety, and in particular the recent increase in protectionist measures considered or adopted by the U.S. and foreign governments;
- laws, rules, regulations and policies within
中国 以及其他可能倾向于国内公司而非非国内公司的国家,包括客户或政府支持的促进本地竞争对手发展和增长的努力; - 消费者需求的波动性、客户的双重预订以及我们的客户对包含我们的半导体封装的产品预测的恶化,包括智能手机或其他移动设备的需求放缓或客户预测的变化,以及电子设备的软终端市场需求;bob软件
- 延迟,降低与晶片有关的制造产量和供应限制,特别是对于高级节点和相关技术;
- 依赖关键客户,我们市场份额和价格的影响对这些客户的业务和经营和财务状况的影响;
- the performance of our business, interest rate fluctuations and other economic and market conditions, the cash needs and investment opportunities for the business, the need for additional capacity and facilities to service customer demand and the availability of cash flow from operations or financing;
- 全球经济对信贷市场、金融机构、客户、供应商和消费者的影响,包括不确定的宏观经济环境;
- 诉讼和其他法律活动的高度不可预测性和成本,以及此类事项产生不利结果的风险和其他法律程序的影响;
- changes in tax rates and taxes as a result of changes in U.S. or foreign tax law or the interpretations thereof (including the impact of recent U.S. tax reform), changes in our organizational structure, changes in the jurisdictions in which our income is determined to be earned and taxed, the outcome of tax reviews, audits and ruling requests, our ability to realize deferred tax assets and the expiration of tax holidays;
- 我们的客户缩减外包;
- 我们的重大债务和限制性契约;
- failure to realize sufficient cash flow or access to other sources of liquidity to fund capital expenditures;
- 全球主要经济体经济放缓的影响;
- 由于收购业务(尤其是J-Devices)的整合,或由于我们的企业资源规划、工厂车间系统和其他管理信息系统的实施、安全和变更,导致我们的业务中断或控制缺陷;
- 我们的新K5工厂和研发中心无法保证
韩国 将充分利用,或者该项目的实际范围,成本,时间表或福利将符合我们的期望; - 恐怖袭击、政治不稳定、自然灾害和军事冲突的经济影响;
- 竞争、竞争性定价和平均销售价格下降;
- fluctuations in packaging and test manufacturing yields;
- dependence on international operations and sales and fluctuations in foreign currency exchange rates, particularly in
日本 and韩国 ; - dependence on raw material and equipment suppliers and changes in raw material and precious metal costs;
- 对关键人员的依赖;
- enforcement of and compliance with intellectual property rights; and
- 技术挑战。
Other important risk factors that could affect the outcome of the events set forth in these statements and that could affect our operating results and financial condition are discussed in the company's Annual Report on Form 10-K for the year ended
View source version on businesswire.com:https://www.businesswire.com/news/home/20190502005901/en/
Source:
文森特基南
投资者关系副总裁
480-786-7594
文森特基南@www.chenyuhi.com