Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE) filed a Form 6-K on September 9, 2003, reporting unaudited consolidated net revenues for the month of August 2003. 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 (NT$ Million) | Aug 2003 | Jul 2003 | Aug 2002 |
|---|---|---|---|
| Consolidated Net Revenues | 4,738 | 4,488 | 4,021 |
| Kaohsiung Packaging Net Revenues | 2,637 | 2,413 | 2,188 |
The filing does not provide data regarding profit, cash flow, margins, debt, or liquidity for this period.
Material Changes
- Sequential Growth: Consolidated net revenues increased by 5.6% compared to July 2003. Kaohsiung packaging revenues grew by 9.3% sequentially.
- Year-over-Year Growth: Consolidated net revenues rose 17.8% compared to August 2002. Kaohsiung packaging revenues increased by 20.5% year-over-year.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or specific discussion of risks and contingencies beyond the standard disclosure of unaudited monthly revenue figures.
Investor Verification Checklist
- Verify the trend of sequential revenue growth to confirm if the 5.6% increase is sustainable.
- Review subsequent filings for profit margins, as this report only discloses top-line revenue.
- Confirm the contribution of non-Kaohsiung subsidiaries to the total consolidated revenue, noting that Kaohsiung operations accounted for approximately 55.6% of total revenue in August 2003.