ASE Technology Holding Co., Ltd. - Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, filed on December 9, 2021, reports the unaudited consolidated net revenues for ASE Technology Holding Co., Ltd. for the month of November 2021. The company is a leading provider of outsourced semiconductor assembly, testing, and electronic manufacturing services.
Key Financial Metrics
The filing provides revenue data but does not disclose profit, cash flow, margins, debt, or liquidity figures for the period.
| Metric | Nov 2021 (NT$ Million) | Oct 2021 (NT$ Million) | Nov 2020 (NT$ Million) | Sequential Change | YoY Change |
|---|---|---|---|---|---|
| Consolidated Net Revenues | 60,523 | 52,748 | 50,665 | +14.7% | +19.5% |
| ATM Net Revenues | 30,475 | 30,472 | 24,286 | +0.0% | +25.5% |
| Metric | Nov 2021 (US$ Million) | Oct 2021 (US$ Million) | Nov 2020 (US$ Million) | Sequential Change | YoY Change |
|---|---|---|---|---|---|
| Consolidated Net Revenues | 2,178 | 1,895 | 1,759 | +14.9% | +23.8% |
| ATM Net Revenues | 1,097 | 1,095 | 843 | +0.2% | +30.1% |
Material Changes
- Consolidated Revenue Growth: November 2021 consolidated net revenues increased 14.7% sequentially and 19.5% year-over-year compared to November 2020.
- ATM Segment Performance: The Assembly, Testing, and Material (ATM) business showed flat sequential growth (+0.0%) but strong year-over-year growth of 25.5%.
- Currency Impact: Year-over-year growth in US dollars (23.8%) was higher than in New Taiwan Dollars (19.5%), indicating a favorable impact from currency exchange rate fluctuations.
Guidance, Outlook, and Risks
The filing contains no specific financial guidance or management commentary regarding future quarters. It includes a Safe Harbor Notice identifying forward-looking statements subject to various risks, including:
- Cyclicality and market conditions in the semiconductor industry.
- Regulatory changes and environmental liabilities.
- Competitive pressures and the ability to introduce new technologies.
- Geopolitical tensions between the Republic of China and the People's Republic of China.
- US trade policy shifts and foreign currency exchange rate fluctuations.
Investor Verification Checklist
- Verify the full-year 2021 financial results in the upcoming Form 20-F or annual report to assess profitability and cash flow, which are not included in this monthly revenue release.
- Monitor the sustainability of the sequential revenue growth, noting the ATM segment's flat performance in November versus October.
- Review the 2020 Annual Report on Form 20-F for a detailed discussion of the risks outlined in the Safe Harbor Notice.
- Track foreign currency exchange rates, as they significantly impacted the year-over-year revenue growth comparison in US dollars.