Segment revenues and operation results


	Packaging			Testing			EMS			Others			Adjustments and Eliminations			Total
	NT$			NT$			NT$			NT$			NT$			NT$

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

For the year ended December 31, 2022

Revenue from external customers	$	303,947,502		$	55,960,182		$	301,966,818		$	8,998,141		$	—		$	670,872,643
Inter-group revenues (Note 1)		6,940,878			524,387			35,533,226			9,080,132			(52,078,623	)		—
Segment revenues		310,888,380			56,484,569			337,500,044			18,078,273			—			722,951,266
Interest income		109,148			84,562			418,507			42,530			—			654,747
Interest expense		(2,150,382	)		(463,043	)		(1,029,128	)		(346,581	)		—			(3,989,134	)
Depreciation and amortization		(33,509,358	)		(14,901,939	)		(4,654,383	)		(2,386,209	)		—			(55,451,889	)
Share of the profit or loss of associates and joint ventures		779,474			81,627			324,276			—			—			1,185,377
Impairment loss		(64,257	)		(105,169	)		(219,349	)		—			—			(388,775	)
Segment profit before income tax		51,824,438			14,626,156			14,368,179			944,855			—			81,763,628
Expenditures for segment assets		45,936,563			21,765,965			6,188,401			1,909,645			—			75,800,574

December 31, 2022

Investments accounted for using the equity method		10,341,203			1,643,940			2,694,203			—			—			14,679,346
Contract assets		4,869,541			861,632			—			—			—			5,731,173

	Packaging			Testing			EMS			Others			Adjustments 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, 2022

Revenue from external customers	$	9,890,905		$	1,821,028		$	9,826,450		$	292,813		$	—		$	21,831,196
Inter-group revenues (Note 1)		225,867			17,064			1,156,304			295,481			(1,694,716	)		—
Segment revenues		10,116,771			1,838,092			10,982,754			588,294			—			23,525,911
Interest income		3,551			2,752			13,619			1,384			—			21,306
Interest expense		(69,977	)		(15,068	)		(33,489	)		(11,278	)		—			(129,812	)
Depreciation and amortization		(1,090,444	)		(484,931	)		(151,461	)		(77,651	)		—			(1,804,487	)
Share of the profit or loss of associates and joint ventures		25,365			2,656			10,553			—			—			38,574
Impairment loss		(2,092	)		(3,422	)		(7,138	)		—			—			(12,652	)
Segment profit before income tax		1,686,445			475,957			467,562			30,747			—			2,660,711
Expenditures for segment assets		1,494,844			708,297			201,380			62,143			—			2,466,664

December 31, 2022

Investments accounted for using the equity method		336,518			53,496			87,674			—			—			477,688
Contract assets		158,462			28,039			—			—			—			186,501


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.

Revenue from major products and services


	For the Year Ended December 31
	2020		2021		2022
	NT$		NT$		NT$		US$ (Note 4)

Packaging service	$	218,666,071	$	272,543,899	$	303,947,502	$	9,890,905
Testing service		47,271,074		49,978,736		55,960,182		1,821,028
EMS		204,690,669		239,488,267		301,966,818		9,826,450
Others		6,350,896		7,986,231		8,998,141		292,813


	$	476,978,710	$	569,997,133	$	670,872,643	$	21,831,196

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.

Net revenues from external customers


	For the Year Ended December 31
	2020		2021		2022
	NT$		NT$		NT$		US$ (Note 4)

United States	$	297,117,001	$	353,500,361	$	446,484,639	$	14,529,276
Taiwan		64,829,301		94,598,067		83,655,142		2,722,263
Asia		74,447,091		62,523,167		75,991,902		2,472,890
Europe		39,477,306		57,910,641		63,542,468		2,067,767
Others		1,108,011		1,464,897		1,198,492		39,001


	$	476,978,710	$	569,997,133	$	670,872,643	$	21,831,196

Non-current assets


	December 31
	2021		2022
	NT$		NT$		US$ (Note 4)

Taiwan	$	252,525,376	$	268,036,245	$	8,722,299
China		65,375,423		69,283,739		2,254,596
Others		34,702,992		40,537,349		1,319,146


	$	352,603,791	$	377,857,333	$	12,296,041

Non-current

assets exclude financial instruments, post-employment benefit assets, and deferred tax assets.

Major customers

Except one customer from which the operating revenues generated from packaging and EMS segments were NT$145,952,908 thousand, NT$158,624,032 thousand and NT$198,858,465 thousand (US$6,471,151

thousand) for the years ended December 31, 2020, 2021 and 2022, respectively, there was no other operating revenues from a single customer accounting for more than 10% of the Group’s operating revenues for the years ended December 31, 2020, 2021 and 2022.