ASE Technology Holding Co., Ltd. - Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, filed on July 9, 2021, reports the unaudited consolidated net revenues for ASE Technology Holding Co., Ltd. (NYSE: ASX) for the month of June 2021 and the second quarter (Q2) of 2021. The company operates in the outsourced semiconductor assembly, testing, and material (ATM) business.
Key Financial Metrics
The filing provides revenue data in both New Taiwan Dollars (NT$) and US Dollars (US$). Profit, cash flow, margins, debt, and liquidity figures are not included in this specific report.
| Metric | June 2021 | Q2 2021 |
|---|---|---|
| Consolidated Net Revenue (NT$ Million) | 43,326 | 126,926 |
| Consolidated Net Revenue (US$ Million) | 1,565 | 4,530 |
| ATM Net Revenue (NT$ Million) | 26,954 | 78,988 |
| ATM Net Revenue (US$ Million) | 974 | 2,819 |
Material Changes vs. Prior Periods
- June 2021 Performance: Consolidated net revenue increased 2.5% sequentially from May 2021 and rose 18.8% year-over-year (YoY) compared to June 2020. In US dollars, the YoY increase was 27.9%.
- Q2 2021 Performance: Consolidated net revenue grew 6.2% sequentially from Q1 2021 and increased 18.0% YoY compared to Q2 2020. In US dollars, the YoY increase was 26.1%.
- ATM Segment: The ATM business segment showed similar growth trends, with June 2021 revenue up 15.0% YoY and Q2 2021 revenue up 13.6% YoY in NT$ terms.
Guidance, Outlook, and Risks
The filing contains a Safe Harbor Notice regarding forward-looking statements. Management notes that actual results may differ materially due to various risks, including:
- Cyclicality and market conditions in the semiconductor and electronic industries.
- Regulatory changes and environmental liabilities.
- Highly competitive industry dynamics 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.
- Disruptions from natural or human-induced disasters.
No specific financial guidance or outlook numbers were provided in this text.
Investor Verification Checklist
- Verify the impact of foreign currency exchange rates on the reported US$ revenue figures versus NT$ figures.
- Review the full 2020 Annual Report on Form 20-F for detailed risk factors and historical financial context.
- Monitor subsequent filings for profit margins, cash flow, and debt levels, as these are absent from this revenue-only report.
- Assess the sustainability of the 18%+ YoY revenue growth in the context of current semiconductor supply chain constraints.