Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE), a foreign private issuer based in Taiwan, filed this Form 6-K on September 7, 2009. The filing serves to announce unaudited consolidated net revenues for the month of August 2009.
Key Financial Metrics
| Metric | August 2009 | July 2009 | August 2008 |
|---|---|---|---|
| Net Revenues (NT$ Million) | 8,349 | 8,048 | 8,781 |
| Sequential Change | +3.7% | - | - |
| Year-over-Year Change | -4.9% | - | - |
The filing text does not provide clear values for profit, cash flow, margins, debt, or liquidity for this specific reporting period.
Material Changes
- Sequential Growth: Net revenues increased by 3.7% compared to July 2009.
- Year-over-Year Decline: Net revenues decreased by 4.9% compared to August 2008.
Outlook, Risks, and Management Commentary
The filing includes a Safe Harbor Notice regarding forward-looking statements. Management highlights several risks that could cause actual results to differ materially from expectations:
- Cyclicality and market conditions in the semiconductor industry.
- Demand for outsourced semiconductor packaging and testing services.
- Highly competitive industry environment and the need to introduce new technologies.
- Integration of pending and future mergers and acquisitions.
- General economic and political conditions, including the global financial crisis.
- Fluctuations in foreign currency exchange rates.
- Strained relations between the Republic of China and the People's Republic of China.
Investor Verification Checklist
- Verify the trend of sequential revenue growth against the year-over-year decline.
- Review the 2008 Annual Report on Form 20-F for detailed risk factors and historical financial context.
- Monitor the impact of the global financial crisis on semiconductor demand as cited by management.
- Confirm the status of any pending mergers or acquisitions mentioned in the risk factors.