FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
April 29,
2016
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Commission File Number 001-16125
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Advanced Semiconductor Engineering, Inc.
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( Exact name of Registrant as specified in its charter)
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26 Chin Third Road
Nantze Export Processing Zone
Kaoshiung, Taiwan
Republic of China
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(Address of principal executive offices)
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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Note
: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
Not applicable
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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ADVANCED SEMICONDUCTOR
ENGINEERING, INC.
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Date:
April 29,
2016
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By:
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/s/ Joseph Tung
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Name:
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Joseph Tung
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Title:
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Chief Financial Officer
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Advanced
Semiconductor Engineering, Inc.
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FOR IMMEDIATE RELEASE
IR Contact:
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Michelle Jao, Manager
mjao@iselabs.com
Tel: +1.510.687.2481
http://www.aseglobal.com
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Grace Teng, Manager
grace_teng@aseglobal.com
Tel: +886.2.6636.5678
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ADVANCED
SEMICONDUCTOR ENGINEERING, INC. REPORTS UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2016
Taipei,
Taiwan, R.O.C., April 29, 2016 – Advanced Semiconductor Engineering, Inc. (TAIEX: 2311, NYSE: ASX) (“We”, “ASE”,
or the “Company”), the world’s largest independent provider of packaging and testing services, today reported
unaudited net revenues
1
of NT$62,371 million for
the first quarter of 2016 (1Q16), down by 4% year-over-year and down by 17% sequentially. Net income attributable to shareholders
of the parent for the quarter totaled NT$4,163 million, down from a net income attributable to shareholders of the parent of NT$4,469
million in 1Q15 and down from a net income attributable to shareholders of the parent of NT$4,990 million in 4Q15. Basic earnings
per share for the quarter were NT$0.54 (or US$0.082 per ADS), compared to basic earnings per share of NT$0.58 for 1Q15 and NT$0.65
for 4Q15. Diluted earnings per share for the quarter were NT$0.43 (or US$0.065 per ADS), compared to diluted earnings per share
of NT$0.56 for 1Q15 and NT$0.63 for 4Q15.
RESULTS
OF OPERATIONS
1Q16
Results Highlights – Consolidated
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Net revenue contribution
from packaging operations, testing operations, EMS operations, substrates sold to third parties and others, each represented approximately
45%, 10%, 40%, 1% and 4%, respectively, of total net revenues for the quarter.
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Cost of revenue was NT$50,922
million for the quarter, down from NT$62,279 million in 4Q15.
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Raw material cost totaled NT$27,357 million
during the quarter, representing 44% of total net revenues.
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Labor cost totaled NT$8,284 million during
the quarter, representing 13% of total net revenues.
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Depreciation, amortization and rental expenses
totaled NT$7,010 million during the quarter.
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Gross margin increased
0.8 percentage points to 18.4% in 1Q16 from 17.6% in 4Q15.
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Operating margin was
8.3% in 1Q16 compared to 9.0% in 4Q15.
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In terms of non-operating
items:
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_______________
1
All financial information presented in this press release is unaudited, consolidated and prepared in accordance with Taiwan-IFRS
(International Financial Reporting Standards as endorsed for use in the R.O.C.). Such financial information is generated internally
by us, and has not been subjected to the same review and scrutiny, including internal auditing procedures and audit by our independent
auditors, to which we subject our audited consolidated financial statements, and may vary materially from the audited consolidated
financial information for the same period. Any evaluation of the financial information presented in this press release should
also take into account our published audited consolidated financial statements and the notes to those statements. In addition,
the financial information presented is not necessarily indicative of our results of operations for any future period.
1
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Advanced
Semiconductor Engineering, Inc.
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Net interest expense was NT$527 million.
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Net foreign exchange gain of NT$881 million
was primarily attributable to the depreciation of the U.S. dollar against the NT dollar.
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Loss on valuation of financial assets and liabilities was NT$360 million.
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Net gain on equity-method investments was NT$385 million, including NT$401 million of the share
of profit from our investment in Siliconware Precision Industries Co., Ltd.
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Other net non-operating income of NT$71 million was primarily related to miscellaneous income.
Total non-operating income for the quarter were NT$450 million.
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Income before tax was
NT$5,656 million for 1Q16, compared to NT$6,572 million in 4Q15. We recorded income tax expenses of NT$1,318 million during the
quarter, compared to NT$1,260 million in 4Q15.
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In 1Q16, net income attributable
to shareholders of the parent was NT$4,163 million, compared to net income attributable to shareholders of the parent of NT$4,469
million for 1Q15 and net income attributable to shareholders of the parent of NT$4,990 million for 4Q15.
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Our total number of shares
outstanding at the end of the quarter was 7,918,272,896, including treasury stock owned by our subsidiaries. Our 1Q16 basic earnings
per share of NT$0.54 (or US$0.082 per ADS) were based on 7,649,385,595 weighted average number of shares outstanding in 1Q16. Our
1Q16 diluted earnings per share of NT$0.43 (or US$0.065 per ADS) were based on 8,293,276,666 weighted average number of shares
outstanding in 1Q16.
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1Q16
Results Highlights – IC ATM
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Cost of revenues was NT$27,711
million for the quarter, down by 3% sequentially.
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Raw material cost totaled NT$8,086 million
during the quarter, representing 23% of total net revenues.
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Labor cost totaled NT$7,194 million during
the quarter, representing 20% of total net revenues.
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Depreciation, amortization and rental expenses
totaled NT$6,379 million during the quarter.
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Gross margin decreased
4.0 percentage points to 22.0% in 1Q16 from 26.0% in 4Q15.
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Operating margin was
9.1% in 1Q16 compared to 13.8% in 4Q15.
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1Q16
Results Highlights – EMS
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Cost of revenues for the
quarter was NT$22,781 million, down by 38% sequentially.
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Raw material cost totaled NT$19,310 million
during the quarter, representing 78% of total net revenues.
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Labor cost totaled NT$1,089 million during
the quarter, representing 4% of total net revenues.
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Depreciation, amortization and rental expenses
totaled NT$667 million during the quarter.
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Gross margin increased
to 8.1% in 1Q16 from 7.3% in 4Q15.
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Operating margin decreased
to 1.5% in 1Q16 from 2.7% in 4Q15.
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LIQUIdiTY
AND CAPITAL RESOURCES
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Capital expenditures in
1Q16 totaled US$115 million, of which US$62 million were used for packaging, US$47 million for testing, US$2 million for EMS and
US$4 million for interconnect
materials.
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_______________
2
ATM stands for Semiconductor Assembly, Testing and Material.
2
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Advanced
Semiconductor Engineering, Inc.
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As of March 31, 2016,
total unused credit lines amounted to NT$173,204 million.
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Current ratio was 1.25
and net debt to equity ratio was 0.41 as of March 31, 2016.
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Total number of employees
was 63,357 as of March 31, 2016, compared to 65,789 as of December 31, 2015.
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Business
Review
Packaging
Operations
3
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Gross margin for our packaging
operations during the quarter was 19.1%, down by 4.4 percentage points from 4Q15.
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Capital expenditures for
our packaging operations amounted to US$62 million during the quarter, of which US$30 million were used for purchases of wafer
bumping and flip chip packaging equipment and US$28 million for common equipment purchases, including SiP equipment purchases,
and US$4 million for wirebond packaging specific purposes.
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Testing
Operations
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Depreciation, amortization
and rental expense associated with our testing operations amounted to NT$1,681 million during the quarter, up from NT$1,676 million
in 4Q15.
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In 1Q16, gross margin
for our testing operations was 32.9%, down by 4.7 percentage point from the previous quarter.
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Capital expenditures for
our testing operations amounted to US$47 million during the quarter.
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EMS
Operations
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In 1Q16, gross margin
for our EMS operations was 8.1%, up by 0.8 percentage points from the previous quarter.
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Capital expenditures for
our EMS operations amounted to US$2 million during the quarter.
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Substrate
Operations
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PBGA substrate manufactured
by ASE amounted to NT$2,270 million during the quarter, up by NT$289 million, or by 15% from 4Q15. Of the total output of NT$2,270
million, NT$892 million was from sales to external customers.
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Gross margin for substrate
operations was 16.9% during the quarter, up by 3.9 percentage points from 4Q15.
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In 1Q16, our internal
substrate manufacturing operations supplied 31% (by value) of our total substrate requirements.
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Customers
IC
ATM consolidated Basis
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Our five largest customers
together accounted for approximately 35% of our total net revenues in 1Q16, compared to 37% in 4Q15. One customer accounted for
more than 10% of our total net revenues in 1Q16.
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Our top 10 customers contributed
51% of our total net revenues during the quarter, compared to 54% in 4Q15.
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Our customers that are
integrated device manufacturers, or IDMs, accounted for 35% of our total net revenues during the quarter, compared to 33% in 4Q15.
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_______________
3
IC packaging services include module assembly services.
3
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Advanced
Semiconductor Engineering, Inc.
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EMS
Basis
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Our five largest customers
together accounted for approximately 77% of our total net revenues in 1Q16, compared to 85% in 4Q15. One customer accounted for
more than 10% of our total net revenues in 1Q16.
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Our top 10 customers contributed
89% of our total net revenues during the quarter, compared to 92% in 4Q15.
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outlook
Based on our current business outlook and
exchange rate assumptions, management projects overall performance for the second quarter of 2016 to be as follows:
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IC ATM business will approach 4Q15 levels, driven
by a moderate recovery while SiP business remains seasonally soft;
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IC ATM gross margin should see meaningful improvement
from 1Q16, but could be a bit lower than 4Q15;
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EMS business should decline moderately on a quarter
over quarter basis;
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EMS gross margin should be similar with 1Q16 levels.
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About ASE, Inc.
ASE, Inc. is the world's largest independent
provider of packaging services and testing services, including front-end engineering testing, wafer probing and final testing services.
With advanced technological capabilities and a global presence spanning Taiwan, China, Korea, Japan, Singapore, Malaysia and the
United States, ASE, Inc. has established a reputation for reliable, high quality products and services. For more information, please
visit our website at http://www.aseglobal.com.
Safe Harbor Notice
This press release contains "forward-looking
statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of
the United States Securities Exchange Act of 1934, as amended, including statements regarding our future results of operations
and business prospects. Although these forward-looking statements, which may include statements regarding our future results of
operations, financial condition or business prospects, are based on our own information and information from other sources we believe
to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this
press release. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,”
“plan” and similar expressions, as they relate to us, are intended to identify these forward-looking statements in
this press release. Our actual results of operations, financial condition or business prospects may differ materially from those
expressed or implied in these forward-looking statements for a variety of reasons, including risks associated with cyclicality
and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability
to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor
packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive
semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive;
international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship
between the Republic of China and the People’s Republic of China; general economic and political conditions; the recent global
economic crisis; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign
currency exchange rates; and other factors. For a discussion of these risks and other factors, please see the documents we file
from time to time with the Securities and Exchange Commission, including our 2014 Annual Report on Form 20-F filed on March 18,
2015.
4
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Advanced
Semiconductor Engineering, Inc.
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Supplemental
Financial Information
IC
ATM Consolidated Operations
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Amounts in NT$ Millions
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1Q/16
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4Q/15
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1Q/15
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Net
Revenues
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35,543
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38,406
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38,605
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Revenues
by Application
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Communication
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51%
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55%
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55%
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Computer
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12%
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12%
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11%
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Automotive, Consumer & Others
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37%
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33%
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34%
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Packaging
Operations
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Amounts in NT$ Millions
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1Q/16
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4Q/15
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1Q/15
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Net
Revenues
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28,597
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31,121
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31,546
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Revenues
by Packaging Type
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Advanced Packaging
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29%
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33%
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33%
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IC Wirebonding
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62%
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58%
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58%
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Discrete and Others
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9%
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9%
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9%
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Capacity
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CapEx (US$ Millions)*
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62
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64
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67
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Number of Wirebonders
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15,629
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15,568
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15,772
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Testing
Operations
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Amounts in NT$ Millions
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1Q/16
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4Q/15
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1Q/15
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Net
Revenues
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5,995
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6,356
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6,180
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Revenues
by Testing Type
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Final test
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78%
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77%
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74%
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Wafer sort
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18%
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19%
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21%
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Engineering test
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4%
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4%
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5%
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Capacity
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CapEx (US$ Millions)*
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47
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18
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52
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Number of Testers
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3,453
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3,435
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3,339
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EMS
Operations
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Amounts in NT$ Millions
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1Q/16
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4Q/15
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1Q/15
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Net
Revenues
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24,788
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39,347
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28,344
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Revenues
by End Application
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Communication
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51%
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64%
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47%
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Computer
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19%
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15%
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17%
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Consumer
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15%
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11%
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18%
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Industrial
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7%
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5%
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11%
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Automotive
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7%
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4%
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6%
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Others
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1%
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1%
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1%
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Capacity
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CapEx (US$ Millions)*
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2
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5
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16
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*
Capital
expenditure excludes building construction costs.
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Advanced
Semiconductor Engineering, Inc.
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Advanced Semiconductor Engineering, Inc.
Summary of Consolidated Statement of
Comprehensive Income Data
(In NT$ millions,
except per share data)
(Unaudited)
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For the three months ended
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Mar. 31
2016
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Dec. 31
2015
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Mar. 31
2015
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Net revenues:
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Packaging
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28,036
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29,093
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29,321
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Testing
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5,995
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6,356
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6,180
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Direct Material
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892
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798
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861
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EMS
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24,749
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39,301
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28,300
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Others
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2,699
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-
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-
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Total net revenues
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62,371
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75,548
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64,662
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Cost of revenues
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(50,922
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)
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(62,279
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)
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(52,349
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)
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Gross profit
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11,449
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13,269
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12,313
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Operating expenses:
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Research and development
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(2,608
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)
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(2,814
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)
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(2,547
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)
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Selling, general and administrative
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(3,635
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)
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(3,654
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)
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(3,474
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)
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Total operating expenses
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(6,243
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)
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(6,468
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)
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(6,021
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)
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Operating income
|
|
|
5,206
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|
|
|
6,801
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|
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|
6,292
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|
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|
|
|
|
|
|
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Net non-operating (expenses) income:
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|
|
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Interest expense - net
|
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(527
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)
|
|
|
(538
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)
|
|
|
(526
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)
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Foreign exchange gain (loss)
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|
|
881
|
|
|
|
428
|
|
|
|
540
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|
Gain (loss) on valuation of financial assets
and liabilities
|
|
|
(360
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)
|
|
|
(722
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)
|
|
|
(969
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)
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|
Gain (loss) on equity-method investments
|
|
|
385
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|
|
|
424
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|
|
|
4
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Others
|
|
|
71
|
|
|
|
179
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|
|
|
165
|
|
|
Total non-operating income (expenses)
|
|
|
450
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|
|
|
(229
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)
|
|
|
(786
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)
|
|
Income before tax
|
|
|
5,656
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|
|
|
6,572
|
|
|
|
5,506
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Income tax expense
|
|
|
(1,318
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)
|
|
|
(1,260
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)
|
|
|
(856
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)
|
Income from continuing operations and
before noncontrolling interest
|
|
|
4,338
|
|
|
|
5,312
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|
|
|
4,650
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|
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Noncontrolling interest
|
|
|
(175
|
)
|
|
|
(322
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)
|
|
|
(181
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)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable to
shareholders of the parent
|
|
|
4,163
|
|
|
|
4,990
|
|
|
|
4,469
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Per share data:
|
|
|
|
|
|
|
|
|
|
|
|
|
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Earnings (losses) per share
|
|
|
|
|
|
|
|
|
|
|
|
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– Basic
|
|
|
NT$0.54
|
|
|
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NT$0.65
|
|
|
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NT$0.58
|
|
|
– Diluted
|
|
|
NT$0.43
|
|
|
|
NT$0.63
|
|
|
|
NT$0.56
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings (losses) per equivalent ADS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
– Basic
|
|
|
US$0.082
|
|
|
|
US$0.100
|
|
|
|
US$0.092
|
|
|
– Diluted
|
|
|
US$0.065
|
|
|
|
US$0.097
|
|
|
|
US$0.089
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of weighted average shares used in
diluted EPS calculation (in thousands)
|
|
|
8,293,277
|
|
|
|
7,840,049
|
|
|
|
7,868,151
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exchange rate (NT$ per US$1)
|
|
|
33.07
|
|
|
|
32.55
|
|
|
|
31.52
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Advanced
Semiconductor Engineering, Inc.
|
|
Advanced Semiconductor Engineering, Inc.
Summary of Consolidated Statement of
Comprehensive Income Data – IC ATM
(In NT$ millions,
except per share data)
(Unaudited)
|
|
|
For the three months ended
|
|
|
|
Mar. 31
2016
|
|
Dec. 31
2015
|
|
Mar. 31
2015
|
|
Net revenues:
|
|
|
|
|
|
|
|
Packaging
|
|
|
28,597
|
|
|
|
31,121
|
|
|
|
31,546
|
|
|
Testing
|
|
|
5,995
|
|
|
|
6,356
|
|
|
|
6,180
|
|
|
Direct Material
|
|
|
931
|
|
|
|
910
|
|
|
|
861
|
|
|
Others
|
|
|
20
|
|
|
|
19
|
|
|
|
18
|
|
|
Total net revenues
|
|
|
35,543
|
|
|
|
38,406
|
|
|
|
38,605
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenues
|
|
|
(27,711
|
)
|
|
|
(28,429
|
)
|
|
|
(28,610
|
)
|
|
Gross profit
|
|
|
7,832
|
|
|
|
9,977
|
|
|
|
9,995
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and development
|
|
|
(1,922
|
)
|
|
|
(2,081
|
)
|
|
|
(1,909
|
)
|
|
Selling, general and administrative
|
|
|
(2,688
|
)
|
|
|
(2,583
|
)
|
|
|
(2,540
|
)
|
|
Total operating expenses
|
|
|
(4,610
|
)
|
|
|
(4,664
|
)
|
|
|
(4,449
|
)
|
|
Operating income
|
|
|
3,222
|
|
|
|
5,313
|
|
|
|
5,546
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net non-operating (expenses) income:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense - net
|
|
|
(604
|
)
|
|
|
(584
|
)
|
|
|
(530
|
)
|
|
Foreign exchange gain (loss)
|
|
|
834
|
|
|
|
364
|
|
|
|
532
|
|
|
Gain (loss) on valuation of financial assets and liabilities
|
|
|
(261
|
)
|
|
|
(622
|
)
|
|
|
(1,129
|
)
|
|
Gain (loss) on equity-method investments
|
|
|
1,431
|
|
|
|
1,333
|
|
|
|
616
|
|
|
Others
|
|
|
124
|
|
|
|
336
|
|
|
|
195
|
|
|
Total non-operating income (expenses)
|
|
|
1,524
|
|
|
|
827
|
|
|
|
(316
|
)
|
|
Income before tax
|
|
|
4,746
|
|
|
|
6,140
|
|
|
|
5,230
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax expense
|
|
|
(529
|
)
|
|
|
(1,099
|
)
|
|
|
(709
|
)
|
Income from continuing operations and
before noncontrolling interest
|
|
|
4,217
|
|
|
|
5,041
|
|
|
|
4,521
|
|
|
Noncontrolling interest
|
|
|
(54
|
)
|
|
|
(51
|
)
|
|
|
(52
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable to
shareholders of the parent
|
|
|
4,163
|
|
|
|
4,990
|
|
|
|
4,469
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Advanced
Semiconductor Engineering, Inc.
|
|
Advanced Semiconductor Engineering, Inc.
Summary of Consolidated Statement of
Comprehensive Income Data – EMS
(In NT$ millions,
except per share data)
(Unaudited)
|
|
|
For the three months ended
|
|
|
|
Mar. 31
2016
|
|
Dec. 31
2015
|
|
Mar. 31
2015
|
|
Net revenues:
|
|
|
|
|
|
|
|
Total net revenues
|
|
|
24,788
|
|
|
|
39,347
|
|
|
|
28,344
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenues
|
|
|
(22,781
|
)
|
|
|
(36,473
|
)
|
|
|
(26,079
|
)
|
|
Gross profit
|
|
|
2,007
|
|
|
|
2,874
|
|
|
|
2,265
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and development
|
|
|
(710
|
)
|
|
|
(760
|
)
|
|
|
(661
|
)
|
|
Selling, general and administrative
|
|
|
(920
|
)
|
|
|
(1,038
|
)
|
|
|
(914
|
)
|
|
Total operating expenses
|
|
|
(1,630
|
)
|
|
|
(1,798
|
)
|
|
|
(1,575
|
)
|
|
Operating income
|
|
|
377
|
|
|
|
1,076
|
|
|
|
690
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net non-operating (expenses) income:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total non-operating income (expenses)
|
|
|
78
|
|
|
|
(64
|
)
|
|
|
216
|
|
|
Income before tax
|
|
|
455
|
|
|
|
1,012
|
|
|
|
906
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax expense
|
|
|
(81
|
)
|
|
|
(170
|
)
|
|
|
(156
|
)
|
Income from continuing operations and
before noncontrolling interest
|
|
|
374
|
|
|
|
842
|
|
|
|
750
|
|
|
Noncontrolling interest
|
|
|
(108
|
)
|
|
|
(269
|
)
|
|
|
(130
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable to
shareholders of the parent
|
|
|
266
|
|
|
|
573
|
|
|
|
620
|
|
|
Advanced
Semiconductor Engineering, Inc.
|
|
Advanced Semiconductor Engineering, Inc.
Summary of Consolidated Balance Sheet
Data
(In NT$ millions)
(Unaudited)
|
|
|
As of Mar. 31, 2016
|
|
As of Dec. 31, 2015
|
|
|
|
|
|
|
|
Current assets:
|
|
|
|
|
|
Cash and cash equivalents
|
|
|
45,070
|
|
|
|
55,251
|
|
|
Financial assets – current
|
|
|
3,971
|
|
|
|
3,864
|
|
|
Notes and accounts receivable
|
|
|
40,528
|
|
|
|
44,931
|
|
|
Inventories
|
|
|
44,224
|
|
|
|
48,972
|
|
|
Others
|
|
|
3,210
|
|
|
|
3,715
|
|
|
Total current assets
|
|
|
137,003
|
|
|
|
156,733
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial assets – non current & Investments – equity method
|
|
|
51,985
|
|
|
|
38,347
|
|
|
Property plant and equipment
|
|
|
147,234
|
|
|
|
149,997
|
|
|
Intangible assets
|
|
|
11,861
|
|
|
|
11,889
|
|
|
Prepaid lease payments
|
|
|
2,458
|
|
|
|
2,556
|
|
|
Others
|
|
|
5,949
|
|
|
|
5,766
|
|
|
Total assets
|
|
|
356,490
|
|
|
|
365,288
|
|
|
|
|
|
|
|
|
|
|
|
|
Current liabilities:
|
|
|
|
|
|
|
|
|
|
Short-term borrowings and short-term bills payable
|
|
|
34,154
|
|
|
|
36,983
|
|
|
Current portion of bonds payable
|
|
|
14,482
|
|
|
|
14,686
|
|
|
Current portion of long-term borrowings & capital lease obligations
|
|
|
1,356
|
|
|
|
2,157
|
|
|
Notes and accounts payable
|
|
|
28,907
|
|
|
|
34,139
|
|
|
Others
|
|
|
30,530
|
|
|
|
32,537
|
|
|
Total current liabilities
|
|
|
109,429
|
|
|
|
120,502
|
|
|
|
|
|
|
|
|
|
|
|
|
Bonds payable
|
|
|
32,582
|
|
|
|
23,740
|
|
|
Long-term borrowings & capital lease obligations
|
|
|
36,089
|
|
|
|
42,795
|
|
|
Other liabilities
|
|
|
9,653
|
|
|
|
9,831
|
|
|
Total liabilities
|
|
|
187,753
|
|
|
|
196,868
|
|
|
Shareholders of the parent
|
|
|
158,016
|
|
|
|
156,916
|
|
|
|
|
|
|
|
|
|
|
|
|
Noncontrolling interest
|
|
|
10,721
|
|
|
|
11,504
|
|
|
Total liabilities & shareholders’ equity
|
|
|
356,490
|
|
|
|
365,288
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Ratio
|
|
|
1.25
|
|
|
|
1.30
|
|
|
Net Debt to Equity
|
|
|
0.41
|
|
|
|
0.36
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|