ASE Technology Holding Co., Ltd. - Form 6-K Summary
Business Context and Reporting Period
This Form 6-K filing, dated June 7, 2012, reports the unaudited consolidated net revenues for Advanced Semiconductor Engineering, Inc. (ASE) for the month of May 2012. ASE is a leading provider of outsourced semiconductor packaging and testing services.
Key Financial Metrics
The filing provides revenue data but does not disclose profit, cash flow, margins, debt, or liquidity figures for this specific period.
| Metric | May 2012 (NT$ Million) | Apr 2012 (NT$ Million) | May 2011 (NT$ Million) | Sequential Change | YoY Change |
|---|---|---|---|---|---|
| Consolidated Net Revenues | 15,636 | 14,867 | 15,438 | +5.2% | +1.3% |
| Consolidated Net Revenues (US$ Million) | 533 | 505 | 539 | +5.6% | -1.0% |
| ATM Net Revenues (NT$ Million) | 11,065 | 10,638 | 10,951 | +4.0% | +1.0% |
| ATM Net Revenues (US$ Million) | 377 | 361 | 382 | +4.5% | -1.3% |
Note: ATM refers to Assembly, Test, and Material business excluding Universal Scientific Industrial Co., Ltd. (USI), which has been consolidated since February 1, 2010.
Material Changes
- Sequential Growth: Consolidated net revenues increased by 5.2% (NT$) and 5.6% (US$) compared to April 2012.
- Year-Over-Year Performance: Consolidated revenues grew 1.3% in NT$ terms but declined 1.0% in US$ terms compared to May 2011, indicating currency fluctuation impacts.
- ATM Segment: The core ATM business showed modest growth of 1.0% year-over-year in NT$ terms.
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.
- Highly competitive market environment.
- Ability to introduce new packaging and testing technologies.
- Integration of mergers and acquisitions.
- Geopolitical tensions between the Republic of China and the People's Republic of China.
- Fluctuations in foreign currency exchange rates.
Investor Verification Checklist
- Verify the impact of currency exchange rates on the divergence between NT$ and US$ year-over-year revenue growth.
- Review the 2011 Annual Report on Form 20-F for detailed risk factors and historical financial context.
- Monitor subsequent filings for profit margins and cash flow data, as this report only covers revenue.
- Assess the contribution of the Universal Scientific Industrial Co., Ltd. (USI) consolidation to total revenue figures.