2025Q1 Consolidated BS, IS and CF (English Version)

Assets

Amount % Amount % Amount %

Liabilities and Equity

Amount

%

Amount

%

Amount

%

Current assets :

Current liabilities :

Cash and cash equivalents $ 5,253,899

Current financial assets at fair

22

$ 3,957,279

17

$ 5,273,936

21

Current borrowings

Current financial liabilities at fair

$ 2,261,890

10

$ 1,615,357

7

$ 3,025,470

12

value through profit or loss 5,523

-

5,192

-

9,052

-

value through profit or loss

17,975

-

23,758

-

23,664

-

amortised cost 12,982

Notes and accounts receivable,

-

73,355

-

-

-

Current contract liabilities Accounts payable(including related

1,136,814

5

1,339,841

5

1,109,343

4

net 2,916,117

13

3,969,144

17

4,136,036

17

parties)

3,632,756

15

3,460,727

15

3,417,041

14

Accounts receivable due from

related parties, net -

-

1,568

-

97

-

Accrued expenses

406,901

2

549,804

2

398,043

2

Dividends payable, non-cash

Inventories 7,077,930

30

6,929,471

30

7,312,242

30

assets distributions

727,302

3

-

-

743,260

3

Non-current assets or disposal

groups classified as held for sale -

-

-

-

114,837

-

Current tax liabilities

153,828

1

187,745

1

401,330

2

Other current assets

647,798 3 767,495 4 779,365 3

Current provisions

220,720

1

231,771

1

311,498

1

15,914,249 68 15,703,504 68 17,625,565 71

Long-term borrowings, current

portion

80,000

-

80,000

-

-

-

Other current liabilities, others

596,750

2

850,904

5

910,362

4

Non-current assets :

9,234,936

39

8,339,907

36

10,340,011

42

Non-current financial assets at fair

value through profit or loss

86,231

-

52,620

-

-

-

Non-current liabilities :

Non-current financial assets at fair

value through other comprehensive

income

114,138

1

110,711

-

191,331

-

Bonds payable

-

-

-

-

167,765

-

Non-current financial assets at

Non-current portion of non-current

amortised cost

188,264

1

214,057

1

168,106

-

borrowings

369,184

2

375,000

2

705,000

3

Property, plant and equipment

4,503,672

19

4,565,191

20

4,266,458

17

Non-current lease liabilities

300,808

1

287,479

1

291,318

1

Net defined benefit liability, non-

Right-of-use assets

672,054

3

650,114

3

654,702

3

current

53,414

-

55,398

-

84,913

-

Intangible assets

1,624,097

7

1,672,821

7

1,152,823

5

Other non-current liabilities

166,856

1

204,031

1

344,141

2

Deferred tax assets

228,604

1

234,268

1

500,301

2

890,262

4

921,908

4

1,593,137

6

Other non-current assets, others

46,604 - 41,230 - 367,122 2

Total liabilities

10,125,198

43

9,261,815

40

11,933,148

48

7,463,664 32 7,541,012 32 7,300,843 29

Equity :

Ordinary share 5,417,185

23

5,417,185

23

5,417,185

22

Capital surplus 2,346,582

10

2,614,277

11

2,605,072

10

Retained earnings :

Legal reserve

1,321,375

6

1,321,375

6

1,266,681

5

Special reserve

267,982

1

267,982

1

226,548

1

earnings

5,390

-

382,082

1

294,261

1

1,594,747

7

1,971,439

8

1,787,490

7

Other equity interest

(7,714)

-

(87,993)

-

(83,800)

-

Total equity attributable to

owners of parent

9,350,800

40

9,914,908

42

9,725,947

39

Non-controlling interests

3,901,915

17

4,067,793

18

3,267,313

13

Total equity

13,252,715

57

13,982,701

60

12,993,260

52

Total assets

$ 23,377,913 100 $ 23,244,516 100 $ 24,926,408 100

Total liabilities and equity

$ 23,377,913

100

$ 23,244,516

100

$ 24,926,408

100

2025/1/1~2025/3/31

2024/1/1~2024/3/31

Amount

%

Amount

%

Operating revenue

$ 4,524,158

100

5,180,200

100

Operating costs

3,693,754

82

4,172,315

81

Gross profit from operations

830,404

18

1,007,885

19

Operating expenses :

Selling expenses

267,479

6

260,991

5

Administrative expenses

233,481

5

242,692

4

Research and development expenses

438,217

10

398,475

8

Impairment loss (impairment gain and reversal of impairment

loss) determined in accordance with IFRS 9

(56)

-

8,674

-

Total operating expenses

939,121

21

910,832

17

Net operating income (loss)

(108,717)

(3)

97,053

2

Non-operating income and expenses :

Other income

24,948

1

33,771

1

Other gains and losses

(40,286)

(1)

(7,931)

-

Finance costs

(28,640)

-

(32,771)

(1)

Interest income

21,186

-

12,878

-

Total non-operating income and expenses

(22,792)

-

5,947

-

Profit (loss) before tax

(131,509)

(3)

103,000

2

Tax expenses

(23,716)

(1)

23,241

-

Profit (loss)

(107,793)

(2)

79,759

2

Other comprehensive income:

Components of other comprehensive income that will not

be reclassified to profit or loss

Gains (losses) on remeasurements of defined benefit plans

413

-

648

-

Unrealised gains (losses) from investments in equity

instruments measured at fair value through other

comprehensive income

3,427

-

-

-

Income tax related to components of other comprehensive

income that will not be reclassified to profit or loss

(83)

-

-

-

Components of other comprehensive income that will

not be reclassified to profit or loss

3,757

-

648

-

Components of other comprehensive income that will be

reclassified to profit or loss

Exchange differences on translation

91,669

2

228,066

4

Toral Components of other comprehensive income

that will be reclassified to profit or loss

91,669

2

228,066

4

Other comprehensive income, net

95,426

2

228,714

4

Total comprehensive income

$ (12,367)

-

308,473

6

Profit (loss), attributable to:

Profit (loss), attributable to owners of parent

$ (106,038)

(2)

66,508

2

Profit (loss), attributable to non-controlling interests

(1,755)

-

13,251

-

$ (107,793)

(2)

79,759

2

Comprehensive income attributable to:

Comprehensive income, attributable to owners of parent Comprehensive income, attributable to non-controlling

$ (25,554)

-

251,094

5

interests

13,187

-

57,379

1

$ (12,367)

-

308,473

6

Earnings per share(in New Taiwan dollars)

Basic earnings per share

$

(0.20)

0.12

Diluted earnings per share

$

(0.20)

0.12

2024/1/1~2024/3/31

2023/1/1~2023/3/31

Cash flows from (used in) operating activities:

Profit before tax

$ (131,509)

103,000

Adjustments

Adjustments to reconcile profit (loss)

Depreciation expenses

136,748

130,238

Amortization expenses

61,688

53,556

Expected credit loss (gain)

(56)

8,674

Net loss on financial assets or liabilities at fair value through loss

32,875

20,640

Interest expense

28,640

32,771

Interest income

(21,186)

(12,878)

Loss (gain) on disposal of property, plant and equipment

(3,792)

575

Provision for inventory obsolescence and devaluation loss

(241)

50,382

Total adjustments to reconcile profit (loss)

234,676

283,958

Changes in operating assets and liabilities:

Notes and accounts receivable (including related parties)

1,064,709

807,329

Financial assets mandatorily at fair value through profit or loss

290

30,309

Inventories

(98,861)

187,055

Other current assets

119,687

(29,982)

Decrease in other financial liabilities

(23,758)

(778)

Accounts payable (including related parties)

127,617

(878,885)

Other payable to related parties

2,615

7,977

Other current liabilities

(639,418)

(523,251)

Net defined benefit liability

(1,654)

(19,682)

Other non-current liabilities

(15,241)

(1,449)

Total changes in operating assets and liabilities

535,986

(421,357)

Total adjustments

770,662

(137,399)

Cash flows generated from (used in) operations

639,153

(34,399)

Interest received

21,366

12,980

Interest paid

(28,255)

(21,428)

Income taxes paid

(17,171)

(2,908)

Net cash flows used in operating activities

615,093

(45,755)

Cash flows from (used in) investing activities

Proceeds from repayments of financial assets at amortised cost

60,373

41,000

Acquisition of financial asset at fair value through profit or loss

(49,131)

-

Acquisition of property, plant and equipment

(34,313)

(31,703)

Proceeds from disposal of property, plant and equipment

8,787

-

Decrease (increase) in refundable deposits

20,058

(15,044)

Acquisition of intangible assets

(12,870)

(20,481)

Decrease in other non-current assets

6,101

9,390

Other investing activities

-

(19,189)

Net cash flows from (used in) investing activities

(995)

(36,027)

Cash flows from (used in) financing activities:

Increase in short-term loans

2,205,223

3,406,548

Decrease in short-term loans

(1,581,596)

(1,330,495)

Proceeds from long-term borrowings

-

5,000

Repayments of long-term borrowings

(5,816)

-

Decrease in guarantee deposits received

(95)

(124)

Payments of lease liabilities

(15,546)

(9,007)

Due to donation assets received

11

10

Net cash flows from (used in) financing activities

602,181

2,071,932

Effect of exchange rate changes on cash and cash equivalents

80,341

83,111

Net decrease in cash and cash equivalents

1,296,620

2,073,261

Cash and cash equivalents at beginning of period

3,957,279

3,200,675

Cash and cash equivalents at end of period

$ 5,253,899

5,273,936