Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE) filed a Form 6-K on February 10, 2004, reporting unaudited consolidated net revenues for January 2004. The company operates primarily in semiconductor packaging and testing, with significant operations in Kaohsiung, Taiwan, and subsidiaries in China, Korea, and the Philippines.
Key Financial Metrics
| Metric | Jan 2004 | Dec 2003 | Jan 2003 |
|---|---|---|---|
| Consolidated Net Revenues (NT$ Million) | 5,227 | 6,329 | 4,006 |
| Kaohsiung Packaging Net Revenues (NT$ Million) | 2,702 | 3,431 | 2,277 |
The filing text does not provide clear values for profit, cash flow, margins, debt, or liquidity metrics.
Material Changes
- Sequential Change: Consolidated net revenues decreased by 17.41% from December 2003 to January 2004. Kaohsiung packaging revenues decreased by 21.26% over the same period.
- Year-over-Year Change: Consolidated net revenues increased by 30.49% compared to January 2003. Kaohsiung packaging revenues increased by 18.65% year-over-year.
Outlook and Risks
The filing contains no management commentary, guidance, outlook, or discussion of risks and contingencies beyond the revenue announcement.
Investor Verification Checklist
- Verify the cause of the significant sequential revenue decline (17.41%) despite strong year-over-year growth.
- Confirm the proportion of total revenue derived from Kaohsiung operations versus other subsidiaries.
- Review subsequent filings for profit margins and cash flow data, as these were not included in this report.