Financial Performance - For the six months ended June 30, 2021, the total revenue of the group was approximately NT$808.68 million, a decrease from NT$843.34 million in the same period of 2020[11]. - The group reported a total comprehensive income attributable to owners of approximately NT$46.58 million, down from NT$96.36 million in the same period of 2020[11]. - Basic earnings per share for the period were approximately NT$0.0467, compared to NT$0.0960 in the same period of 2020[11]. - Total revenue for the six months ended June 30, 2021, was approximately NT$808.68 million, a decrease of 4.12% from NT$843.34 million in the same period of 2020[16]. - Gross profit for the same period was approximately NT$181.50 million, resulting in a gross margin of 22.44%, down from 26.79% in 2020[16]. - The company's net comprehensive income attributable to owners for the six months ended June 30, 2021, was approximately NT$46.58 million, compared to NT$96.36 million in the same period of 2020[17]. - Net profit attributable to owners for the six months ended June 30, 2021, was NT$46.661 million, a decline of 51.3% from NT$95.980 million in 2020[53]. - The company reported a basic and diluted earnings per share of NT$4.67 for the six months ended June 30, 2021, compared to NT$9.60 in 2020, reflecting a 51.3% decrease[53]. - The company recorded a profit for the period of NT$46,661 thousand for the six months ended June 30, 2021, down from NT$95,980 thousand in the previous period, showing a decrease of about 51%[61]. - The company’s total comprehensive income for the period was NT$46,576 thousand, a decrease from NT$96,364 thousand in the previous period, reflecting the impact of market conditions on overall performance[61]. Revenue Breakdown - Revenue from the integrated solutions segment was approximately NT$558.31 million, accounting for about 69.04% of total revenue, down from NT$601.00 million in the same period of 2020[14]. - Revenue from the sale of semiconductor manufacturing equipment and parts was approximately NT$250.36 million, an increase from NT$242.34 million in the same period of 2020, accounting for about 30.96% of total revenue[15]. - Revenue from Singapore, South Korea, and Japan increased by 283.08% year-on-year, accounting for approximately 17.60% of total revenue[16]. - Revenue for the three months ended June 30, 2021, was NT$394,935,000, a decrease of 13.7% compared to NT$457,165,000 for the same period in 2020[81]. - Revenue from Taiwan for the three months ended June 30, 2021, was NT$161,510,000, a decline of 44.2% from NT$289,769,000 in 2020[83]. - Revenue from China increased to NT$160,760,000 for the three months ended June 30, 2021, up 15.8% from NT$138,804,000 in 2020[83]. Market Outlook - The global semiconductor market is expected to see a sales growth of 24% in 2021, surpassing US$500 billion for the first time[10]. - The average annual compound growth rate (CAGR) of the IC market from 2020 to 2025 is projected to be 10.7%[10]. - Taiwan's semiconductor industry total output value is expected to reach NT$3.8 trillion in 2021, with a growth rate of 18.1%[10]. - The semiconductor supply-demand tension is expected to continue throughout 2021, with some product shortages likely extending into 2022 or even 2023[9]. - The global semiconductor manufacturing equipment sales are expected to increase by 34% to $95.3 billion in 2021[20]. - The company plans to invest over NT$3 trillion in the semiconductor sector by 2025, indicating strong future growth opportunities[20]. Financial Position - Total assets as of June 30, 2021, were NT$2,459.382 million, slightly down from NT$2,462.524 million as of December 31, 2020[56]. - Total liabilities decreased to NT$1,642.754 million as of June 30, 2021, from NT$1,692.472 million as of December 31, 2020[58]. - The company’s total equity as of June 30, 2021, was NT$816,628 thousand, up from NT$770,052 thousand at the beginning of the year, indicating an increase of about 6%[61]. - The company’s debt-to-equity ratio improved to 63.78% as of June 30, 2021, down from 83.49% at the end of 2020[21]. - As of June 30, 2021, total bank borrowings were NT$670,240,000, down from NT$739,122,000 as of December 31, 2020[102]. Cash Flow and Investments - For the six months ended June 30, 2021, the company reported a net cash flow from operating activities of NT$136,262 thousand, a significant increase from NT$13,285 thousand in the same period of 2020, representing a growth of approximately 926%[64]. - The net cash and cash equivalents at the end of the period were NT$149,395 thousand, compared to NT$56,311 thousand at the same time last year, reflecting an increase of approximately 165%[64]. - The company’s cash flow from financing activities resulted in a net outflow of NT$80,816 thousand for the six months ended June 30, 2021, compared to a net outflow of NT$76,727 thousand in the same period of 2020[64]. - The company’s investment activities resulted in a net cash outflow of NT$2,174 thousand for the six months ended June 30, 2021, compared to NT$16,930 thousand in the same period of 2020, indicating a reduction in investment expenditures[64]. Shareholder Information - As of June 30, 2021, Mr. Yang holds 27,975,000 shares, representing approximately 2.79% of the total shares, and has a total beneficial interest of 682,050,000 shares, which is 68.20% when including concert party interests[31]. - Major shareholder Jia Jian Development Limited owns 374,625,000 shares, accounting for 37.46% of the total shares[33]. - Ever Wealth Holdings Limited holds 81,150,000 shares, representing 8.11% of the total shares[33]. - Planeta Investments Limited has a beneficial interest of 63,750,000 shares, which is 6.38% of the total shares[33]. - As of June 30, 2021, the total shares held by the concert party, including various stakeholders, amounts to 682,050,000 shares, equating to 68.20% of the total shares[33]. - The company has a significant concentration of ownership, with the top shareholders holding a combined total of 68.20% of the shares[33]. Management and Governance - The company has not granted any stock options under the stock option plan since its adoption on June 20, 2017[49]. - The company has not established any new arrangements for shareholding by directors or senior management during the reporting period[36]. - The report indicates that there are no arrangements made for directors or senior management to hold any interests in the company's shares or related securities during the specified period[36]. - The group has no related party transactions that require disclosure under GEM listing rules[110]. - Total compensation for key management personnel for the three months ended June 30, 2021, was NT$4,725 thousand, a decrease from NT$5,235 thousand in the same period of 2020[111]. - Total compensation for key management personnel for the six months ended June 30, 2021, was NT$9,460 thousand, down from NT$9,726 thousand in the same period of 2020[111].
靖洋集团(08257) - 2021 - 中期财报