Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE) filed a Form 6-K on March 10, 2003, reporting unaudited consolidated net revenues for the month of February 2003. The company operates primarily in semiconductor packaging and testing, with significant operations in Kaohsiung, Taiwan, and majority-owned subsidiaries in China, Korea, and the Philippines.
Key Financial Metrics
| Metric | Feb 2003 (NT$ Million) | Jan 2003 (NT$ Million) | Feb 2002 (NT$ Million) |
|---|---|---|---|
| Consolidated Net Revenues | 3,584 | 4,006 | 3,126 |
| Kaohsiung Packaging Net Revenues | 2,084 | 2,277 | 1,929 |
Profit, Cash Flow, Margins, Debt, and Liquidity: The filing text does not provide clear values for net income, operating margins, cash flow, debt levels, or liquidity ratios. Only revenue figures are disclosed.
Material Changes vs. Prior Period
- Sequential Change: Consolidated net revenues decreased by 10.5% from January 2003 to February 2003. Kaohsiung packaging revenues declined by 8.5% over the same period.
- Year-over-Year Change: Consolidated net revenues increased by 14.7% compared to February 2002. Kaohsiung packaging revenues grew by 8.1% year-over-year.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, specific risk factors, contingencies, or unusual items for the period. The document is strictly a revenue announcement.
Investor Verification Checklist
- Verify the cause of the 10.5% sequential revenue decline in February 2003 compared to January 2003.
- Confirm the contribution of non-Kaohsiung subsidiaries (e.g., ASE Test Limited, ASE Korea) to the total consolidated revenue.
- Review subsequent filings for gross margin and net income data, as these were not included in this report.