Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE) filed this Form 6-K on July 8, 2004, reporting unaudited consolidated net revenues for the month of June 2004 and the second quarter of 2004. The company operates primarily in semiconductor packaging and testing. Starting June 1, 2004, net revenues from ASE Japan Co. were consolidated into the company's total figures.
Key Financial Metrics
Consolidated Net Revenues
| Period | Net Revenues (NT$ Million) | Sequential Change | Year-over-Year Change |
|---|---|---|---|
| June 2004 | 7,440 | +10.36% | +71.97% |
| Q2 2004 | 20,299 | +17.88% | +58.93% |
Kaohsiung Packaging Operations
| Period | Net Revenues (NT$ Million) | Sequential Change | Year-over-Year Change |
|---|---|---|---|
| June 2004 | 3,128 | +0.57% | +38.03% |
| Q2 2004 | 9,221 | +3.80% | +34.69% |
The filing does not provide specific data regarding profit, cash flow, margins, debt, or liquidity.
Material Changes
- Record Highs: ASE reported historical high unaudited consolidated net revenues on both a monthly and quarterly basis.
- Consolidation Impact: The inclusion of ASE Japan Co. revenues beginning June 1, 2004, contributed to the consolidated totals.
- Internal Eliminations: Revenues of NT$ 707 million from ASE Material Inc. for June 2004 were excluded from consolidated net revenues due to internal sales elimination.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, specific risk factors, or contingencies beyond the standard disclosure of unaudited figures and consolidation changes.
Investor Verification Checklist
- Verify the impact of the new consolidation of ASE Japan Co. on future quarterly comparisons.
- Confirm the extent of internal sales eliminations for ASE Material Inc. in subsequent periods.
- Review upcoming filings for profit margins and cash flow data, as this report focuses solely on revenue.
- Assess the sustainability of the 71.97% year-over-year revenue growth in the context of the broader semiconductor market.