ASX

Business Context and Reporting Period

Advanced Semiconductor Engineering, Inc. (ASE), a foreign private issuer, filed this Form 6-K on August 9, 2004, to report unaudited consolidated net revenues for the month of July 2004. The company operates primarily in semiconductor packaging and testing, with significant operations in Kaohsiung, Taiwan, and majority-owned subsidiaries globally.

Key Financial Metrics

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. This report focuses exclusively on revenue figures.

Material Changes vs. Prior Period

• Sequential Change (July vs. June 2004): Consolidated net revenues decreased by 1.94% to NT$ 7,287 million. Conversely, revenues from Kaohsiung packaging operations increased by 3.00% to NT$ 3,211 million.
• Year-over-Year Change (July 2004 vs. July 2003): Consolidated net revenues grew significantly by 62.36%. Kaohsiung packaging revenues increased by 33.09%.

Management Commentary and Unusual Items

The filing notes that consolidated net revenues include results from majority-owned subsidiaries such as ASE Test Limited, ASE (Chung Li) Inc., ASE (Korea) Inc., ASE Japan Co., and ASE Material Inc.

Unusual Item: Revenues from ASE Material Inc. for July 2004 amounted to NT$ 616 million but were not reflected in the consolidated net revenue total due to internal sales elimination.

The filing does not contain specific forward-looking guidance, risk factors, or management commentary beyond the revenue announcement.

Investor Verification Checklist

• Verify the cause of the 1.94% sequential decline in consolidated revenues despite growth in the Kaohsiung segment.
• Confirm the impact of internal sales eliminations on the reported consolidated figures.
• Review subsequent filings for profit margins and cash flow data, as they are absent in this revenue-only report.