March 15, 2022
Compal 2021 Financial Results and Earning Distribution

Compal Electronics, Inc. (“Compal”) (TAIEX: 2324) today announced 2021 consolidated financial results. 2021 consolidated revenue was NT$1,235,682 million, +18% YoY. Consolidated OP profit was improved to NT$13,349 million, +16% YoY. Non-op profits were stable in conjunction with onetime China factory disposal gains, consolidated net profit attributed to the parent company was boosted to NT$12,633 million, +35% YoY, and EPS was NT$2.90. Compal Board of Directors today also approved NT$2.0 cash dividends per share for year 2021, representing 69% payout ratio.

4Q21 consolidated revenue was NT$367,835 million, +9% QoQ. Given the enlarged scale and enhanced efficiency, consolidated gross margin was improved QoQ to 3.4%. Consolidated gross profits and operating profits were NT$12,444 million and NT$3,920 million respectively, both increased from the prior quarter. Consolidated net profit contributed to the parent company was NT$3,194 million, -27% QoQ due to the higher non-op base in the prior quarter. 4Q21 EPS was NT$0.73.

Compal Electronics, Inc.─ Statement of Comprehensive Income (Consolidated)


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