Economic Performance
ABC is a leading brand in the field of passive inductive components in terms of both technology and experience. To meet the expected market demand and expand production capacity, we have constructed a smart technology factory to reduce manufacturing costs. We have also gradually developed a competitive product mid-term plan. In 2021, ABC's Yangmei Plant 2 Block B Building officially commenced operations, using innovative technology to develop metal powder spray pelletizing with water-soluble resin, reducing the occurrence of environmental hazards in the workplace. We have optimized production operations with innovative technology to provide high-quality products.
In 2021, we expanded the Taiwan Yangmei Plant 2 Block C to actively follow up on the layout in the field of smart mobile communications. At the same time, to proactively respond to the international trend of achieving net-zero carbon emissions, the new factory building is designed as a green building integrating smart technology. It incorporates artificial intelligence (AI) and automated optical inspection (AOI) into automated inspection systems, process rationalization, and assembly line construction to enhance quality stability and shorten process and delivery times. Currently, Block C has obtained candidate green building certification and will become an officially certified green building after it is put into use, enhancing ABC’s sustainability competitiveness.
Consolidated Financial Results for FY2022
Despite the global economy continuing to be affected by the COVID-19 pandemic in 2022, the Company was fortunate to have a decisive management team that formulated effective strategies and employees who executed them in unison and at a high level of efficiency, thereby enabling the group to generate consolidated net revenues of NT$3,033,092 thousand a year, representing a 22.38% growth over 2021, meeting stakeholders' expectations. During the year 2022, ABC Group did not receive any financial assistance from the government.
| Comparative Financial Performance Table for 2020 to 2022 | |||
| Year | 2020 | 2021 | 2022 |
| Operating revenues | 2,020,656 | 2,478,376 | 3,033,092 |
| Gross profit | 405,906 | 492,296 | 669,251 |
| Operating profit | 101,406 | 148,335 | 225,470 |
| Non-operating income and expenses | 7,406 | -11,691 | 68,508 |
| Pre-tax profit | 108,812 | 136,644 | 293,978 |
| Earnings per share | 0.79 | 1.02 | 2.24 |
Note: Earnings Per Share: NT$
Direct Economic Value Generated and Distributed
| Economic Performance | Items | Definition | 2022 - actual |
| Direct economic values produced | Operating revenues | Sales revenues | 3,033,092 |
| Economic Performance Items Definition 2022 - actual Direct economic values produced Operating revenues Sales revenues 3,033,092 Economic values distributed | Operating costs | Cost of sales | 1,939,672 |
| Operating expenses | 196,731 | ||
| Employee salary and benefits | Employee salary and benefits | 671,219 | |
| Proceeds paid to capital contributors | Cash dividends distributed in 2021 and 2020 | 55,753 | |
| Interest expense | 10,545 | ||
| Proceeds pay to government | Taxation | 85,954 | |
| Penalty | 0 | ||
| Community investments | Donations and sponsorships | 3,830 | |
| Residual economic value | 155,342 | ||
- Note:
- Government payments for the current fiscal year will be presented on a group-wide basis and will be differentiated by country in the future.
- This year's government payments are disclosed based on accrual basis income tax calculation.
- Conversion Method: Group consolidated information is converted cumulatively using the average exchange rate of Taiwan Bank for each quarter.