XML 63 R45.htm IDEA: XBRL DOCUMENT v3.22.1
Operating Segments Information
 12 Months Ended
Dec. 31, 2021
Text block [abstract]  
Operating Segments Information
4
0
.
OPERATING SEGMENTS INFORMATION
The Group has the following reportable segments: Packaging, Testing and EMS. The Group packages bare semiconductors into finished semiconductors with enhanced electrical and thermal characteristics; provides testing services, including
front-end
engineering testing, wafer probing and final testing services; engages in the designing, assembling, manufacturing and sale of electronic components and telecommunications equipment motherboards. Information about other business activities and operating segments that are not reportable are combined and disclosed in “Others.” The Group engages in other activities such as substrate production as well as sale and leasing of real estate properties.
The accounting policies for segments are the same as those described in Note 4. The measurement basis for resources allocation and performance evaluation is based on profit before income tax.
 
  a.
Segment revenues and operation results
 
                                                                                                                                                                   
                            
Adjustments
        
    
Packaging
    
Testing
    
EMS
    
Others
    
and Eliminations
    
Total
  
    
NT$
    
NT$
    
NT$
    
NT$
    
NT$
    
NT$
  
             
            For the year ended December 31, 2019            
                                                 
             
Revenue from external customers
   
$
198,916,897
 
  
$
42,658,686
 
  
$
165,789,479
 
  
$
5,817,122
 
  
$
—  
 
  
$
413,182,184
 
Inter-group revenues (Note 1)
   
 
5,370,963
 
  
 
231,399
 
  
 
60,638,567
 
  
 
7,431,399
 
  
 
(73,672,328
) 
  
 
—  
 
Segment revenues
   
 
204,287,860
 
  
 
42,890,085
 
  
 
226,428,046
 
  
 
13,248,521
 
  
 
—  
 
  
 
486,854,512
 
Interest income
   
 
186,291
 
  
 
90,091
 
  
 
249,487
 
  
 
284,458
 
  
 
(260,646
) 
  
 
549,681
 
Interest expense
   
 
(3,403,475
) 
  
 
(545,609
) 
  
 
(255,404
) 
  
 
(243,013
) 
  
 
260,646
 
  
 
(4,186,855
) 
Depreciation and amortization
   
 
(33,456,831
) 
  
 
(12,379,703
) 
  
 
(2,534,825
) 
  
 
(2,095,482
) 
  
 
—  
 
  
 
(50,466,841
) 
Share of the profit or loss of associates and joint ventures
   
 
75,303
 
  
 
39,852
 
  
 
67,120
 
  
 
—  
 
  
 
—  
 
  
 
182,275
 
Impairment loss
   
 
(601,066
) 
  
 
(141
) 
  
 
—  
 
  
 
—  
 
  
 
—  
 
  
 
(601,207
) 
Segment profit before income tax
   
 
7,572,763
 
  
 
10,321,537
 
  
 
6,082,106
 
  
 
(696,595
) 
  
 
—  
 
  
 
23,279,811
 
Expenditures for segment assets
   
 
35,462,305
 
  
 
23,966,051
 
  
 
2,770,129
 
  
 
875,402
 
  
 
—  
 
  
 
63,073,887
 
             
            December 31, 2019            
                                                 
             
Investments accounted for using the equity method
   
 
8,867,316
 
  
 
1,123,490
 
  
 
2,094,401
 
  
 
—  
 
  
 
—  
 
  
 
12,085,207
 
Contract assets
   
 
4,162,124
 
  
 
1,735,192
 
  
 
—  
 
  
 
—  
 
  
 
—  
 
  
 
5,897,316
 
             
            For the year ended December 31, 2020            
                                                 
             
Revenue from external customers
   
 
218,666,071
 
  
 
47,271,074
 
  
 
204,690,669
 
  
 
6,350,896
 
  
 
—  
 
  
 
476,978,710
 
Inter-group revenues (Note 1)
   
 
10,436,168
 
  
 
435,587
 
  
 
21,472,775
 
  
 
7,234,303
 
  
 
(39,578,833
) 
  
 
—  
 
Segment revenues
   
 
229,102,239
 
  
 
47,706,661
 
  
 
226,163,444
 
  
 
13,585,199
 
  
 
—  
 
  
 
516,557,543
 
Interest income
   
 
133,160
 
  
 
79,821
 
  
 
275,766
 
  
 
32,036
 
  
 
—  
 
  
 
520,783
 
Interest expense
   
 
(2,244,280
) 
  
 
(564,269
) 
  
 
(443,519
) 
  
 
(185,160
) 
  
 
—  
 
  
 
(3,437,228
) 
Depreciation and amortization
   
 
(32,333,229
) 
  
 
(14,189,024
) 
  
 
(2,877,546
) 
  
 
(1,859,266
) 
  
 
—  
 
  
 
(51,259,065
) 
Share of the profit or loss of associates and joint ventures
   
 
362,133
 
  
 
99,670
 
  
 
85,809
 
  
 
—  
 
  
 
—  
 
  
 
547,612
 
Impairment loss
   
 
(218,600
) 
  
 
(773,673
) 
  
 
—  
 
  
 
—  
 
  
 
—  
 
  
 
(992,273
) 
Segment profit before income tax
   
 
17,476,440
 
  
 
10,277,760
 
  
 
8,438,766
 
  
 
(424,168
) 
  
 
—  
 
  
 
35,768,798
 
Expenditures for segment assets
   
 
38,643,303
 
  
 
14,275,397
 
  
 
5,614,409
 
  
 
491,092
 
  
 
—  
 
  
 
59,024,201
 
             
            December 31, 2020            
                                                 
             
Investments accounted for using the equity method
   
 
9,146,344
 
  
 
1,340,307
 
  
 
2,320,022
 
  
 
—  
 
  
 
—  
 
  
 
12,806,673
 
Contract assets
   
 
3,641,244
 
  
 
1,141,660
 
  
 
—  
 
  
 
—  
 
  
 
—  
 
  
 
4,782,904
 
             
            For the year ended December 31, 2021            
                                                 
             
Revenue from external customers
   
 
272,543,899
 
  
 
49,978,736
 
  
 
239,488,267
 
  
 
7,986,231
 
  
 
—  
 
  
 
569,997,133
 
Inter-group revenues (Note 1)
   
 
7,244,889
 
  
 
339,619
 
  
 
27,825,073
 
  
 
7,527,260
 
  
 
(42,936,841
) 
  
 
—  
 
Segment revenues
   
 
279,788,788
 
  
 
50,318,355
 
  
 
267,313,340
 
  
 
15,513,491
 
  
 
—  
 
  
 
612,933,974
 
Interest income
   
 
61,141
 
  
 
88,874
 
  
 
301,072
 
  
 
91,242
 
  
 
—  
 
  
 
542,329
 
Interest expense
   
 
(1,604,107
) 
  
 
(405,648
) 
  
 
(629,584
) 
  
 
(159,596
) 
  
 
—  
 
  
 
(2,798,935
) 
Depreciation and amortization
   
 
(34,384,500
) 
  
 
(13,819,080
) 
  
 
(4,336,266
) 
  
 
(1,984,431
) 
  
 
—  
 
  
 
(54,524,277
) 
Share of the profit or loss of associates and joint ventures
   
 
737,650
 
  
 
66,107
 
  
 
95,943
 
  
 
—  
 
  
 
—  
 
  
 
899,700
 
Impairment loss
   
 
(86,997
) 
  
 
(39,769
) 
  
 
—  
 
  
 
—  
 
  
 
—  
 
  
 
(126,766
) 
Segment profit before income tax
   
 
41,581,126
 
  
 
11,998,938
 
  
 
8,528,675
 
  
 
18,085,030
 
  
 
—  
 
  
 
80,193,769
 
Expenditures for segment assets
   
 
48,531,368
 
  
 
16,773,513
 
  
 
7,654,560
 
  
 
1,458,100
 
  
 
—  
 
  
 
74,417,541
 
             
            December 31, 2021            
                                                 
             
Investments accounted for using the equity method
   
 
12,744,756
 
  
 
1,896,372
 
  
 
2,355,472
 
  
 
—  
 
  
 
—  
 
  
 
16,996,600
 
Contract assets
   
 
4,735,181
 
  
 
872,028
 
  
 
—  
 
  
 
—  
 
  
 
—  
 
  
 
5,607,209
 
 
                                                                                                                                                                   
                            
Adjustments
        
    
Packaging
    
Testing
    
EMS
    
Others
    
and Eliminations
    
Total
  
    
US$ (Note 4)
    
US$ (Note 4)
    
US$ (Note 4)
    
US$ (Note 4)
    
US$ (Note 4)
    
US$ (Note 4)
  
             
            For the year ended December 31, 2021        
                                                 
             
Revenue from external customers
   
$
9,824,942
 
  
$
1,801,685
 
  
$
8,633,319
 
  
$
287,896
 
  
$
—  
 
  
$
20,547,842
 
Inter-group revenues (Note 1)
   
 
261,171
 
  
 
12,243
 
  
 
1,003,067
 
  
 
271,350
 
  
 
(1,547,831
) 
  
 
—  
 
Segment revenues
   
 
10,086,113
 
  
 
1,813,928
 
  
 
9,636,386
 
  
 
559,246
 
  
 
—  
 
  
 
22,095,673
 
Interest income
   
 
2,204
 
  
 
3,204
 
  
 
10,853
 
  
 
3,289
 
  
 
—  
 
  
 
19,550
 
Interest expense
   
 
(57,827
) 
  
 
(14,623
) 
  
 
(22,696
) 
  
 
(5,753
) 
  
 
—  
 
  
 
(100,899
) 
Depreciation and amortization
   
 
(1,239,528
) 
  
 
(498,164
) 
  
 
(156,318
) 
  
 
(71,537
) 
  
 
—  
 
  
 
(1,965,547
) 
Share of the profit or loss of associates and joint ventures
   
 
26,591
 
  
 
2,383
 
  
 
3,459
 
  
 
—  
 
  
 
—  
 
  
 
32,433
 
Impairment loss
   
 
(3,137
 )  
 
(1,434
) 
  
 
—  
 
  
 
—  
 
  
 
—  
 
  
 
(4,571
 )
Segment profit before income tax
   
 
1,498,959
 
  
 
432,550
 
  
 
307,450
 
  
 
651,947
 
  
 
—  
 
  
 
2,890,906
 
Expenditures for segment assets
   
 
1,749,509
 
  
 
604,669
 
  
 
275,940
 
  
 
52,563
 
  
 
—  
 
  
 
2,682,681
 
             
            December 31, 2021            
                                                 
             
Investments accounted for using the equity method
   
 
459,436
 
  
 
68,362
 
  
 
84,913
 
  
 
—  
 
  
 
—  
 
  
 
612,711
 
Contract assets
   
 
170,698
 
  
 
31,436
 
  
 
—  
 
  
 
—  
 
  
 
—  
 
  
 
202,134
 
Note 1: Inter-group revenues were eliminated upon consolidation.
  Note 2:
The disaggregated product and service type from the Group’s contract with customer is the same as those disclosed in above reportable segment.
 
  b.
Revenue from major products and services
 
    
For the Year Ended December 31
  
    
2019
     
2020
     
2021
  
    
NT$
     
NT$
     
NT$
     
US$ (Note 4)
  
         
Packaging service
    $ 198,916,897      $ 218,666,071      $ 272,543,899      $ 9,824,942  
Testing service
      42,658,686        47,271,074        49,978,736        1,801,685  
EMS
      165,789,479        204,690,669        239,488,267        8,633,319  
Others
      5,817,122        6,350,896        7,986,231        287,896  
    
 
 
     
 
 
     
 
 
     
 
 
  
         
     $ 413,182,184      $ 476,978,710      $ 569,997,133      $ 20,547,842  
    
 
 
     
 
 
     
 
 
     
 
 
  
 
  c.
Geographical information
The Group’s revenue from external customers by location of headquarter and information about its
non-current
assets by location of assets are detailed below.
 
  1)
Net revenues from external customers
 
    
For the Year Ended December 31
  
    
2019
     
2020
     
2021
  
    
NT$
     
NT$
     
NT$
     
US$ (Note 4)
  
         
United States
    $ 245,521,027      $ 297,117,001      $ 353,500,361      $ 12,743,344  
Taiwan
      51,244,470        64,829,301        94,598,067        3,410,168  
Asia
      75,938,364        74,447,091        62,523,167        2,253,900  
Europe
      38,613,132        39,477,306        57,910,641        2,087,622  
Others
      1,865,191        1,108,011        1,464,897        52,808  
    
 
 
     
 
 
     
 
 
     
 
 
  
         
     $ 413,182,184      $ 476,978,710      $ 569,997,133      $ 20,547,842  
    
 
 
     
 
 
     
 
 
     
 
 
  
 
  2)
Non-current assets
 
    
December 31
  
    
2020

(Retrospectively
Adjusted)
     
2021
  
    
NT$
     
NT$
     
US$ (Note 4)
  
       
Taiwan
    $ 239,353,978      $ 252,525,376      $ 9,103,294  
China
      66,253,694        65,375,423        2,356,720  
Others
      31,875,938        34,702,992        1,251,009  
    
 
 
     
 
 
     
 
 
  
       
     $ 337,483,610      $ 352,603,791      $ 12,711,023  
    
 
 
     
 
 
     
 
 
  
Non-current
assets exclude financial instruments, post-employment benefit assets, and deferred tax assets.
 
  d.
Major customers
Except customer A from which the operating revenues generated from packaging and EMS segments were
 
NT$103,987,781
 
thousand,
 
NT$145,952,908 thousand and NT$158,624,032 thousand (US$5,718,242 thousand) for the years ended December 31, 2019, 2020 and 2021, respectively, and customer B from which the operating revenues generated from packaging and testing segments was NT$44,653,072 thousand for the year ended December 31, 2019, the Group did not have any other individual customer from which the operating revenues exceeded 10% of operating revenues for the years ended December 31, 2019, 2020 and 2021.