ASE Technology Holding Co., Ltd. - Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, filed on September 7, 2016, reports the unaudited consolidated net revenues for Advanced Semiconductor Engineering, Inc. (ASE) for the month of August 2016. ASE is a leading provider of outsourced semiconductor packaging, 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 | August 2016 (NT$ Million) | July 2016 (NT$ Million) | August 2015 (NT$ Million) | Sequential Change | Year-over-Year Change |
|---|---|---|---|---|---|
| Consolidated Net Revenues | 23,916 | 21,587 | 22,920 | +10.8% | +4.3% |
| ATM Business Net Revenues | 14,470 | 13,975 | 13,467 | +3.5% | +7.4% |
In US Dollar terms, consolidated net revenues for August 2016 were $756 million, representing a 12.7% sequential increase and a 4.4% year-over-year increase compared to August 2015.
Material Changes
- Revenue Growth: Consolidated revenues increased 10.8% sequentially from July 2016 and 4.3% year-over-year from August 2015.
- Segment Performance: The Assembly, Test, and Material (ATM) business, which constitutes the majority of revenue, grew 3.5% sequentially and 7.4% year-over-year.
Guidance, Outlook, and Risks
The filing contains no specific financial guidance or management commentary regarding future quarters beyond the standard Safe Harbor notice. The document highlights several material risks that could cause actual results to differ from forward-looking statements:
- Acquisition Uncertainty: Risks associated with the potential acquisition of 100% of Siliconware Precision Industries Co., Ltd. shares not already owned by ASE.
- Geopolitical Factors: Strained relations between the Republic of China and the People's Republic of China.
- Market Conditions: Cyclicality in the semiconductor industry, competitive pressures, and global economic conditions.
- Operational Risks: Regulatory changes, environmental liabilities, and potential disruptions from natural or human-induced disasters.
Investor Verification Checklist
- Verify the final status and terms of the proposed acquisition of Siliconware Precision Industries Co., Ltd.
- Monitor geopolitical developments between Taiwan and mainland China that could impact supply chains.
- Review the full 2015 Annual Report on Form 20-F for detailed risk factors and historical financial context.
- Track foreign currency exchange rate fluctuations, as revenue is reported in both NT$ and US$.