Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE) filed this Form 6-K on December 10, 2002, to report unaudited consolidated net revenues for the month of November 2002. The company operates primarily in semiconductor packaging and testing, with significant operations in Kaohsiung, Taiwan, and majority-owned subsidiaries in locations including Chung Li, Korea, and the Philippines.
Key Financial Metrics
| Metric | Nov 2002 | Oct 2002 | Nov 2001 |
|---|---|---|---|
| Consolidated Net Revenues (NT$ Million) | 4,344 | 4,348 | 3,653 |
| Kaohsiung Packaging Net Revenues (NT$ Million) | 2,437 | 2,400 | 2,120 |
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. The report is limited to revenue figures.
Material Changes vs. Prior Period
- Sequential Change (Nov 2002 vs. Oct 2002): Consolidated net revenues decreased slightly by 0.1% to NT$4,344 million. Conversely, revenues for the Kaohsiung packaging operations increased by 1.6% to NT$2,437 million.
- Year-over-Year Change (Nov 2002 vs. Nov 2001): Consolidated net revenues grew by 18.9%. Kaohsiung packaging revenues grew by 15.0%.
Guidance, Outlook, and Risks
The filing text does not provide management commentary, future guidance, outlook, specific risk factors, contingencies, or details on unusual items. The document serves strictly as a monthly revenue announcement.
Investor Verification Checklist
- Verify the full-year 2002 financial performance to contextualize the November sequential decline in consolidated revenue.
- Confirm the specific contribution of non-Kaohsiung subsidiaries (e.g., ASE Test Limited, ASE Korea) to the overall revenue mix, as Kaohsiung operations grew while consolidated revenue flatlined.
- Review subsequent filings for gross margin and net income data, as profitability metrics are absent from this report.