Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE) filed a Form 6-K on January 6, 2006, to announce unaudited consolidated net revenues for the month of December 2005. The company, a foreign private issuer based in Taiwan, operates semiconductor packaging and testing facilities globally, including in Kaohsiung, Chungli, Korea, and Japan.
Key Financial Metrics
| Period | Net Revenues (NT$ Million) | Sequential Change | Year-over-Year Change |
|---|---|---|---|
| December 2005 | 9,059 | +3.39% | +35.52% |
| Q4 2005 | 26,404 | +18.19% | +19.05% |
| Full Year 2005 | 86,132 | N/A | +5.41% |
The filing text does not provide specific values for profit, cash flow, margins, debt, or liquidity. Revenue figures include operations of majority-owned subsidiaries and specific camera module revenues from ASE Malaysia.
Material Changes
- Record Monthly Revenue: December 2005 marked a record monthly net revenue for the company.
- Strong Growth: December 2005 revenue increased 35.52% compared to December 2004.
- Quarterly Momentum: Q4 2005 revenue grew 19.05% year-over-year and 18.19% sequentially from Q3 2005.
- Annual Performance: Full-year 2005 revenue grew 5.41% compared to 2004.
Outlook and Management Commentary
Management highlighted the achievement of record monthly net revenues. The filing does not contain specific forward-looking guidance, risk factors, or discussion of contingencies beyond the revenue announcement. The revenue figures are unaudited.
Investor Verification Checklist
- Verify the composition of the "record" revenue, specifically the impact of ASE Malaysia's camera module business (NT$ 276 million in Dec 2004 vs. NT$ 518 million in Q3 2005).
- Confirm the unaudited nature of the figures and await the audited annual report for full financial statement details (profit, cash flow, debt).
- Review the specific contribution of international subsidiaries (ASE Test Limited, ASE Korea, ASE Japan) to the consolidated total.