Earnings Per Share

12 Months Ended

Dec. 31, 2024

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
	2022			2023			2024
	NT$			NT$			NT$			US$ (Note 4)

Profit for the year attributable to owners of the Company	$	61,501,545		$	35,457,908		$	32,378,936		$	987,464
Effect of potentially dilutive ordinary shares:
Potential ordinary shares of the subsidiary		(1,811,449	)		(494,272	)		(747,333	)		(22,791	)


Earnings used in the computation of diluted earnings per share	$	59,690,096		$	34,963,636		$	31,631,603		$	964,673

Weighted average number of ordinary shares outstanding (in thousand shares)


	For the Year Ended December 31
	2022		2023		2024

Weighted average number of ordinary shares in the computation of basic earnings per share		4,274,687		4,295,871		4,318,991
Effect of potentially dilutive ordinary shares
Employee share options		40,351		42,045		70,534
Employees’ compensation		1,940		924		623
Employee restricted stock awards		6,445		8,830		1,865


Weighted average number of ordinary shares in the computation of diluted earnings per share		4,323,423		4,347,670		4,392,013

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.