Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE) filed this Form 6-K on February 12, 2003, to report unaudited consolidated net revenues for the month of January 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 | Jan 2003 | Dec 2002 | Jan 2002 |
|---|---|---|---|
| Consolidated Net Revenues (NT$ Million) | 4,006 | 4,167 | 3,225 |
| Kaohsiung Packaging Net Revenues (NT$ Million) | 2,277 | 2,341 | 1,940 |
The filing does not provide data regarding profit, cash flow, margins, debt, or liquidity for the period.
Material Changes
- Sequential Change: Consolidated net revenues decreased by 3.9% compared to December 2002. Kaohsiung packaging revenues decreased by 2.7% sequentially.
- Year-over-Year Change: Consolidated net revenues increased by 24.2% compared to January 2002. Kaohsiung packaging revenues increased by 17.4% year-over-year.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or specific discussion of risks and contingencies. It is a standard monthly revenue announcement.
Investor Verification Checklist
- Verify the trend of sequential revenue declines (3.9% consolidated) against industry seasonality for January.
- Confirm the contribution of non-Kaohsiung subsidiaries to the total consolidated revenue, as Kaohsiung operations represent approximately 57% of the total.
- Review subsequent filings for profit margins and cash flow data, as this report is limited to revenue figures.