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Earnings Per Share
12 Months Ended
Dec. 31, 2021
Text block [abstract]  
Earnings Per Share
27.
EARNINGS PER SHARE
The earnings and weighted average number of ordinary shares outstanding in the computation of earnings per share were as follows:
 
Net profit for the year
                           
   
    
For the Year Ended December 31
 
    
2019
    
2020
    
2021
 
    
NT$
    
NT$
    
NT$
    
US$ (Note 4)
 
         
Profit for the year attributable to owners of the Company
   $ 17,060,591      $ 26,970,580      $ 60,150,167      $ 2,168,353  
Effect of potentially dilutive ordinary shares:
                                   
Potential ordinary
s
hares
 of the subsid
iary

     (385,865      (521,073      (1,056,778      (38,096
    
 
 
    
 
 
    
 
 
    
 
 
 
         
Earnings used in the computation of diluted earnings per share
   $ 16,674,726      $ 26,449,507      $ 59,093,389      $ 2,130,257  
    
 
 
    
 
 
    
 
 
    
 
 
 
Weighted average number of ordinary shares outstanding
(in thousand shares):
 
    
For the Year Ended December 31
 
    
2019
    
2020
    
2021
 
       
Weighted average number of ordinary shares in
the
computation of basic earnings per share
     4,251,964        4,265,732        4,305,348  
Effect of potentially dilutive ordinary shares
                          
Employee share options
     10,232        22,086        58,113  
Employees’ compensation
     570        815        1,264  
Employee restricted stock awards
     —          —          943  
    
 
 
    
 
 
    
 
 
 
       
Weighted average number of ordinary shares in
the
computation of diluted earnings per share
     4,262,766        4,288,633        4,365,668  
    
 
 
    
 
 
    
 
 
 
For the computation of earnings per ADS, the denominators were the half of the aforementioned weighted average outstanding shares (1 ADS represents 2 ordinary shares) while the numerators held constant.
The Group is able to settle the employees’ compensation by cash or shares. The Group assumed that the entire amount of the compensation would be settled in shares and the resulting potential shares were included in the weighted average number of ordinary shares outstanding used in the computation of diluted earnings per share if the effect is dilutive. Such dilutive effect of the potential shares was included in the computation of diluted earnings per share until the board of directors approve the number of shares to be distributed to employees at their meeting in
 the
 
following year.