What is the inventory loss at Asahi Hui's subsidiary?

Macro System Inc., a 36.7% owned subsidiary, wrote down obsolete inventory, leading to a NT$254M equity loss for Asahi Hui.

Does this loss involve cash outflow?

No, it is a non-cash accounting loss recognized under the equity method.

Will this affect future performance?

The company states it has no major impact on operations or long-term profitability.

Asahi Hui Advanced Materials Recognizes Inventory Write-Down Loss from Key Subsidiary under Equity Method

Published Jun 23, 2026 9:00 AM ・ Updated Jun 23, 2026 1:49 PM ・ 3 min read ・ Source: PR Times

Asahi Hui Advanced Materials Co., Ltd. (6698) announced it will recognize approximately NT$254.06 million in pre-tax profit impact from its 36.70% owned key subsidiary, Macro System Inc., which wrote down obsolete inventory under IAS 2 during Q2 2026. The loss is non-cash and does not significantly affect operational liquidity.

Release Date: June 23, 2026 Statement Date: June 22, 2026 Statement Time: 17:43:38 Company Code: 6698 Company Name: Asahi Hui Advanced Materials Co., Ltd. Subject: Recognition of Inventory Write-Down Loss from Key Subsidiary under Equity Method Applicable Clause: Clause 51 Event Date: June 22, 2026

Details: 1. Event Date: June 22, 2026 2. Company Name: Asahi Hui Advanced Materials Co., Ltd. 3. Relationship with Company (enter '本公司' or 'Subsidiary'):本公司 (本公司) 4. Cross-shareholding Ratio: Not applicable 5. Reason for Event: Macro System Inc., a key subsidiary in which the company holds a 36.70% stake, recognized an inventory write-down loss of approximately NT$692.27 million during the second quarter of 2026 (ROC Year 115), in accordance with IAS 2 'Inventories', for certain inventory items that no longer have usage value or economic benefits. Based on its ownership percentage and the equity method of accounting, the company expects this to impact pre-tax net profit attributable to owners of the parent by approximately NT$254.06 million. 6. Response Measures: The company will continue to guide its investee companies to strengthen inventory management and improve operational efficiency. The investment loss recognized under the equity method does not involve cash outflow and has no significant impact on the company's operating funds. The actual recognized amount will be subject to the audited (or reviewed) financial statements by certified public accountants. 7. Other Matters to be Disclosed: None

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Source: PR Times
Category: News

Asahi Hui Advanced Materials Recognizes Inventory Write-Down Loss from Key Subsidiary under Equity Method

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