Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE) filed a Form 6-K on May 7, 2003, reporting unaudited consolidated net revenues for the month of April 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 | April 2003 | March 2003 | April 2002 |
|---|---|---|---|
| Consolidated Net Revenues (NT$ Million) | 4,256 | 3,992 | 3,667 |
| Kaohsiung Packaging Net Revenues (NT$ Million) | 2,363 | 2,256 | 2,200 |
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 6.6% from March 2003 to April 2003. Kaohsiung packaging revenues grew by 4.7% sequentially.
- Year-Over-Year Growth: Consolidated net revenues rose 16.1% compared to April 2002. Kaohsiung packaging revenues increased by 7.4% 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 figures. No unusual items were reported in this document.
Investor Verification Checklist
- Verify the full scope of "consolidated" revenues to confirm the contribution of subsidiaries (ASE Test Limited, ASE Korea, etc.) versus the primary Kaohsiung operations.
- Confirm the exchange rate used to convert NT$ to USD for comparative analysis with prior US filings.
- Review subsequent filings for profit margins and operating expenses, as this report only discloses top-line revenue.