Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE) filed this Form 6-K on July 9, 2002, reporting unaudited consolidated net revenues for the month of June 2002 and the second quarter (Q2) of 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 | June 2002 | Q2 2002 | Q2 2001 |
|---|---|---|---|
| Consolidated Net Revenues (Monthly) | NT$ 3,635 Million | - | - |
| Consolidated Net Revenues (Quarterly) | - | NT$ 10,869 Million | NT$ 8,482 Million |
| Kaohsiung Packaging Revenues (Monthly) | NT$ 1,917 Million | - | - |
| Kaohsiung Packaging Revenues (Quarterly) | - | NT$ 6,020 Million | NT$ 4,287 Million |
The filing does not provide data regarding profit, cash flow, margins, debt, or liquidity.
Material Changes Versus Prior Period
- Consolidated Monthly Growth: June 2002 revenues increased 1.9% sequentially from May 2002 and rose 40.0% year-over-year compared to June 2001.
- Consolidated Quarterly Growth: Q2 2002 revenues increased 8.2% sequentially from Q1 2002 and grew 28.1% year-over-year compared to Q2 2001.
- Kaohsiung Operations: Monthly revenues for Kaohsiung packaging operations rose 0.7% sequentially and 56.3% year-over-year. Quarterly revenues for these operations declined slightly by 0.4% sequentially but increased 40.4% year-over-year.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or specific discussion of risks and contingencies. The document is limited to the announcement of historical revenue figures.
Investor Verification Checklist
- Verify the conversion rate of New Taiwan Dollars (NT$) to USD for accurate valuation comparison.
- Confirm the specific contribution of non-Kaohsiung subsidiaries (e.g., ASE Test Limited, ASE Korea) to the total consolidated revenue growth.
- Review subsequent filings for profit margins and operating expenses, as this report only discloses top-line revenue.
- Assess the sustainability of the 40% year-over-year growth rate in the context of the broader semiconductor market cycle in mid-2002.