Business Context and Reporting Period
Company: Advanced Semiconductor Engineering, Inc. (ASE Technology Holding Co., Ltd.)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: March 7, 2012
Reporting Period: Unaudited consolidated net revenues for February 2012.
Key Financial Metrics
The filing reports monthly net revenues in both New Taiwan Dollars (NT$) and US Dollars (US$). No data regarding profit, cash flow, margins, debt, or liquidity is provided in this specific document.
| Metric | Feb 2012 (NT$ Million) | Jan 2012 (NT$ Million) | Feb 2011 (NT$ Million) | Sequential Change | YoY Change |
|---|---|---|---|---|---|
| Consolidated Net Revenues | 14,180 | 13,555 | 13,872 | +4.6% | +2.2% |
| ATM Net Revenues (Excl. USI) | 9,488 | 9,343 | 9,420 | +1.5% | +0.7% |
Note: ATM refers to Assembly, Test, and Material business excluding Universal Scientific Industrial Co., Ltd. (USI), which has been consolidated since Feb 1, 2010.
Material Changes vs. Prior Period
- Sequential Growth: Consolidated net revenues increased by 4.6% compared to January 2012. ATM revenues grew by 1.5% sequentially.
- Year-Over-Year Growth: Consolidated net revenues rose 2.2% compared to February 2011. ATM revenues increased 0.7% year-over-year.
- Currency Impact: In US Dollar terms, consolidated revenues were $479 million, representing a 6.4% sequential increase and a 0.5% year-over-year increase.
Guidance, Outlook, and Risks
Guidance and Outlook: The filing contains no specific financial guidance or quantitative outlook for future periods. It includes a Safe Harbor Notice regarding forward-looking statements, cautioning that actual results may differ materially from expectations.
Risks and Contingencies: Management highlights several risk factors that could impact future operations:
- Cyclicality and market conditions in the semiconductor industry.
- Highly competitive market for outsourced packaging and testing services.
- Ability to introduce new technologies and successfully integrate mergers/acquisitions.
- International business activities and general economic/political conditions.
- Strained relationship between the Republic of China and the People's Republic of China.
- Fluctuations in foreign currency exchange rates.
- Potential disruptions from natural or human-induced disasters.
Investor Verification Checklist
- Verify the impact of currency exchange rate fluctuations on the reported US$ revenue figures versus NT$ figures.
- Confirm the specific contribution of Universal Scientific Industrial Co., Ltd. (USI) to the total consolidated revenue growth.
- Review the company's Form 20-F for detailed profit margins, cash flow, and debt levels, as these are absent in this monthly revenue report.
- Monitor the geopolitical relationship between Taiwan and mainland China as a potential risk factor for operations.