Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE) filed this Form 6-K on June 10, 2003, reporting unaudited consolidated net revenues for the month of May 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 | May 2003 (NT$ Million) | April 2003 (NT$ Million) | May 2002 (NT$ Million) |
|---|---|---|---|
| Consolidated Net Revenues | 4,190 | 4,256 | 3,567 |
| Kaohsiung Packaging Net Revenues | 2,217 | 2,363 | 1,903 |
Profit, Cash Flow, Margins, Debt, and Liquidity: The filing text does not provide clear values for net income, operating margins, cash flow, debt levels, or liquidity ratios. The report is limited to revenue figures.
Material Changes Versus Prior Period
- Sequential Change (May vs. April 2003): Consolidated net revenues decreased by 1.5% to NT$4,190 million. Kaohsiung packaging revenues declined more sharply by 6.2% to NT$2,217 million.
- Year-over-Year Change (May 2003 vs. May 2002): Consolidated net revenues increased by 17.5%. Kaohsiung packaging revenues grew by 16.5%.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, specific risk factors, or contingencies. The document serves strictly as a disclosure of historical monthly revenue data.
Investor Verification Checklist
- Verify the cause of the sequential revenue decline in May 2003 compared to April 2003.
- Confirm the contribution of non-Kaohsiung subsidiaries (e.g., ASE Test Limited, ASE Korea) to the consolidated total, as Kaohsiung revenues represent approximately 53% of the consolidated total.
- Review subsequent filings for gross margin and net income data, as these were not included in this report.