Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE), a foreign private issuer based in Taiwan, filed this Form 6-K on October 9, 2003. The filing reports unaudited consolidated net revenues and specific packaging operation revenues for the month of September 2003 and the third quarter (Q3) of 2003.
Key Financial Metrics
The filing highlights record-high monthly revenues for both consolidated operations and Kaohsiung packaging operations. Specific figures are provided below in New Taiwan Dollars (NT$) millions.
| Metric | Sep 2003 | Aug 2003 | Sep 2002 | Sequential Change | YoY Change |
|---|---|---|---|---|---|
| Consolidated Net Revenues | 5,299 | 4,738 | 3,984 | +12% | +33% |
| Kaohsiung Packaging Net Revenues | 2,938 | 2,637 | 2,099 | +11% | +40% |
Quarterly Performance (Q3 2003 vs. Q2 2003 vs. Q3 2002):
- Consolidated Net Revenues: Q3 2003 was 14,525 million NT$, representing a 14% sequential increase and a 23% year-over-year increase.
- Kaohsiung Packaging Net Revenues: Q3 2003 was 7,988 million NT$, representing a 17% sequential increase and a 25% year-over-year increase.
The filing does not provide data regarding profit, cash flow, margins, debt, or liquidity.
Material Changes
Both consolidated and Kaohsiung-specific revenues achieved record highs for the respective entities in September 2003. Growth was driven by strong sequential performance, with consolidated revenues rising 12% month-over-month and Kaohsiung operations rising 11%.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, specific risk factors, contingencies, or unusual items beyond the announcement of record revenue figures.
Investor Verification Checklist
- Verify the unaudited nature of the reported revenue figures.
- Confirm the scope of "Consolidated Net Revenues" includes majority-owned subsidiaries such as ASE Test Limited, ASE (Chung Li) Inc., ASE (Korea) Inc., ASE Holding Electronics (Philippines) Inc., and ASE Material Inc.
- Check subsequent filings for profit margins and cash flow data, as this report focuses solely on top-line revenue.