Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE), a foreign private issuer based in Taiwan, filed this Form 6-K on November 10, 2004. The filing reports unaudited consolidated financial results for the month of October 2004. The company operates semiconductor packaging and testing facilities in Kaohsiung and Chung-Li, Taiwan, and through majority-owned subsidiaries in Singapore, Korea, and Japan.
Key Financial Metrics
| Metric | October 2004 | September 2004 | October 2003 |
|---|---|---|---|
| Consolidated Net Revenues (NT$ Million) | 7,971 | 7,413 | 5,852 |
| Sequential Change | +7.53% | - | - |
| Year-over-Year Change | +36.21% | - | - |
The filing does not provide specific values for net profit, operating margins, cash flow, debt levels, or liquidity ratios for the period.
Material Changes
- Record Revenue: October 2004 net revenues reached a historical high on a monthly basis.
- Growth Trajectory: Revenues increased 7.53% sequentially from September 2004 and surged 36.21% compared to October 2003.
Outlook and Management Commentary
Management highlighted the achievement of record-high monthly net revenues. The filing contains no specific forward-looking guidance, risk factors, contingencies, or discussion of unusual items beyond the revenue announcement.
Investor Verification Checklist
- Verify the definition of "Consolidated Net Revenues" to confirm the inclusion of all majority-owned subsidiaries (ASE Test Limited, ASE Korea, ASE Japan).
- Review subsequent filings for the full quarter ending September 30, 2004, to assess profitability and cash flow, as this report only covers monthly revenue.
- Confirm the sustainability of the 36.21% year-over-year growth rate in the context of the broader semiconductor market cycle.