Drewloong Precision, Inc. and Subsidiaries | ||||||
CONSOLIDATED BALANCE SHEETS (In Thousands of New Taiwan Dollars) | Sep. 30, 2019 (Reviewed) | Dec. 31, 2018 (Audited) | Sep. 30, 2018 (Reviewed) | |||
Amount | % | Amount | % | Amount | % | |
Current assets | $1,672,508 | 73 | $1,119,448 | 69 | $997,546 | 66 |
Noncurrent assets | 618,860 | 27 | 504,325 | 31 | 506,444 | 34 |
Total assets | 2,291,368 | 100 | 1,623,773 | 100 | 1,503,990 | 100 |
Current liabilities | 136,480 | 6 | 214,346 | 13 | 160,076 | 11 |
Noncurrent liabilities | 199,321 | 9 | 165,186 | 10 | 168,332 | 11 |
Total liabilities | 335,801 | 15 | 379,532 | 23 | 328,408 | 22 |
Capital stock | 358,000 | 16 | 300,000 | 18 | 300,000 | 20 |
Capital surplus | 586,812 | 26 | 8,000 | 0 | 8,000 | 1 |
Retained Earnings | 1,010,755 | 44 | 936,241 | 58 | 867,582 | 58 |
Equity attributable to shareholders of the parent | 1,955,567 | 85 | 1,244,241 | 77 | 1,175,582 | 78 |
Total shareholders' equity | 1,955,567 | 85 | 1,244,241 | 77 | 1,175,582 | 78 |
Total liabilities and shareholders' equity | $2,291,368 | 100 | $1,623,773 | 100 | $1,503,990 | 100 |
Book value per share (in NT dollars per share) | 54.62 | 41.47 | 39.19 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In Thousands of New Taiwan Dollars,Except Earnings Per Share) (Reviewed,Not Audited) | Year ended Sep. 30, 2019 | Year ended Sep. 30, 2018 | ||
Amount | % | Amount | % | |
Net Revenue | $637,271 | 100 | $602,331 | 100 |
Cost of revenue | 325,704 | 51 | 317,237 | 53 |
Gross profit | 311,567 | 49 | 285,094 | 47 |
Operating expenses | 80,901 | 13 | 70,591 | 12 |
Income from operations | 230,666 | 36 | 214,503 | 36 |
Non-operating income and exepens | 9,246 | 1 | 15,879 | 3 |
Income before income tax | 239,912 | 38 | 230,382 | 38 |
Income tax expense | 53,398 | 8 | 58,850 | 10 |
Net income | $186,514 | 29 | $171,532 | 28 |
Basic Earnings per share ( in NT dollars per share ) | 5.85 | 5.45 | ||
CONSOLIDATED STATEMENTS OF CASH FLOWS (In Thousands of New Taiwan Dollars) (Reviewed,Not Audited) | Year ended Sep. 30, 2019 | Year ended Sep. 30, 2018 |
Amount | Amount | |
Net cash generated by operating activities | $88,847 | $98,023 |
Net cash generated ( used ) in investing activities | (167,033) | 121,190 |
Net cash used in financing activities | 407,895 | (25,609) |
Net increase ( decrease ) in cash and cash equivalents | 329,709 | 193,604 |
Cash and cash equivalents, at beginning of the year | 385,274 | 229,663 |
Cash and cash equivalents, at end of the year | $714,983 | $423,267 |
Drewloong Precision, Inc. and Subsidiaries | ||||||
CONSOLIDATED BALANCE SHEETS (In Thousands of New Taiwan Dollars) | Jun. 30, 2019 (Reviewed) | Dec. 31, 2018 (Audited) | Jun. 30, 2018 (Reviewed) | |||
Amount | % | Amount | % | Amount | % | |
Current assets | $1,105,567 | 64 | $1,119,448 | 69 | $916,390 | 64 |
Noncurrent assets | 628,157 | 36 | 504,325 | 31 | 517,168 | 36 |
Total assets | 1,733,724 | 100 | 1,623,773 | 100 | 1,433,558 | 100 |
Current liabilities | 270,238 | 16 | 214,346 | 13 | 147,205 | 10 |
Noncurrent liabilities | 198,045 | 11 | 165,186 | 10 | 176,757 | 12 |
Total liabilities | 468,283 | 27 | 379,532 | 23 | 323,962 | 23 |
Capital stock | 315,000 | 18 | 300,000 | 18 | 300,000 | 21 |
Capital surplus | 0 | 8,000 | 0 | 8,000 | 1 | |
Retained Earnings | 950,441 | 55 | 936,241 | 58 | 801,596 | 56 |
Equity attributable to shareholders of the parent | 1,265,441 | 73 | 1,244,241 | 77 | 1,109,596 | 77 |
Total shareholders' equity | 1,265,441 | 73 | 1,244,241 | 77 | 1,109,596 | 77 |
Total liabilities and shareholders' equity | $1,733,724 | 100 | $1,623,773 | 100 | $1,433,558 | 100 |
Book value per share (in NT dollars per share) | 40.17 | 41.47 | 36.99 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In Thousands of New Taiwan Dollars,Except Earnings Per Share) (Reviewed,Not Audited) | Year ended Jun. 30, 2019 | Year ended Jun. 30, 2018 | ||
Amount | % | Amount | % | |
Net Revenue | $424,901 | 100 | $358,553 | 100 |
Cost of revenue | 216,065 | 51 | 186,923 | 52 |
Gross profit | 208,836 | 49 | 171,630 | 48 |
Operating expenses | 53,764 | 13 | 40,430 | 11 |
Income from operations | 155,072 | 36 | 131,200 | 37 |
Non-operating income and exepens | 9,132 | 2 | 15,286 | 4 |
Income before income tax | 164,204 | 39 | 146,486 | 41 |
Income tax expense | 38,004 | 9 | 40,940 | 11 |
Net income | $126,200 | 30 | $105,546 | 29 |
Basic Earnings per share ( in NT dollars per share ) | 4.21 | 3.52 | ||
CONSOLIDATED STATEMENTS OF CASH FLOWS (In Thousands of New Taiwan Dollars) (Reviewed,Not Audited) | Year ended Jun. 30, 2019 | Year ended Jun. 30, 2018 |
Amount | Amount | |
Net cash generated by operating activities | $50,732 | $58,715 |
Net cash generated ( used ) in investing activities | (170,845) | 95,031 |
Net cash used in financing activities | (78,482) | (22,200) |
Net increase ( decrease ) in cash and cash equivalents | (198,595) | 131,546 |
Cash and cash equivalents, at beginning of the year | 385,274 | 229,663 |
Cash and cash equivalents, at end of the year | $186,679 | $361,209 |
Drewloong Precision, Inc. and Subsidiaries | ||||||
CONSOLIDATED BALANCE SHEETS (In Thousands of New Taiwan Dollars) | Mar. 31, 2019 (Reviewed) | Dec. 31, 2018 (Audited) | Mar. 31, 2018 (Reviewed) | |||
Amount | % | Amount | % | Amount | % | |
Current assets | $1,083,974 | 63 | $1,119,448 | 69 | $851,095 | 62 |
Noncurrent assets | 634,151 | 37 | 504,325 | 31 | 524,324 | 38 |
Total assets | 1,718,125 | 100 | 1,623,773 | 100 | 1,375,419 | 100 |
Current liabilities | 207,112 | 12 | 214,346 | 13 | 136,380 | 10 |
Noncurrent liabilities | 203,787 | 12 | 165,186 | 10 | 184,397 | 13 |
Total liabilities | 410,899 | 24 | 379,532 | 23 | 320,777 | 23 |
Capital stock | 300,000 | 17 | 300,000 | 18 | 300,000 | 22 |
Capital surplus | 8000 | 0 | 8,000 | 0 | 8,000 | 1 |
Retained Earnings | 999,226 | 58 | 936,241 | 58 | 746,642 | 54 |
Equity attributable to shareholders of the parent | 1,307,226 | 76 | 1,244,241 | 77 | 1,054,642 | 77 |
Total shareholders' equity | 1,307,226 | 76 | 1,244,241 | 77 | 1,054,642 | 77 |
Total liabilities and shareholders' equity | $1,718,125 | 100 | $1,623,773 | 100 | $1,375,419 | 100 |
Book value per share (in NT dollars per share) | 43.57 | 41.47 | 35.15 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In Thousands of New Taiwan Dollars,Except Earnings Per Share) (Reviewed,Not Audited) | Year ended Mar. 31, 2019 | Year ended Mar. 31, 2018 | ||
Amount | % | Amount | % | |
Net Revenue | $216,825 | 100 | $163,878 | 100 |
Cost of revenue | 112,621 | 52 | 90,674 | 55 |
Gross profit | 104,204 | 48 | 73,204 | 45 |
Operating expenses | 27,538 | 13 | 19,044 | 12 |
Income from operations | 76,666 | 35 | 54,160 | 33 |
Non-operating income and exepens | 2,279 | 1 | (9,015) | (6) |
Income before income tax | 78,945 | 36 | 45,145 | 28 |
Income tax expense | 15,960 | 7 | 9,553 | 6 |
Net income | $62,985 | 29 | $35,592 | 22 |
Basic Earnings per share ( in NT dollars per share ) | 2.10 | 1.19 | ||
CONSOLIDATED STATEMENTS OF CASH FLOWS (In Thousands of New Taiwan Dollars) (Reviewed,Not Audited) | Year ended Mar. 31, 2019 | Year ended Mar. 31, 2018 | ||
Amount | Amount | |||
Net cash generated by operating activities | $41,802 | $1,410 | ||
Net cash generated ( used ) in investing activities | (180,214) | 39,047 | ||
Net cash used in financing activities | (74,022) | (3,599) | ||
Net increase ( decrease ) in cash and cash equivalents | (212,434) | 36,858 | ||
Cash and cash equivalents, at beginning of the year | 385,274 | 229,663 | ||
Cash and cash equivalents, at end of the year | $172,840 | $266,521 | ||
Drewloong Precision, Inc. and Subsidiaries | ||||
CONSOLIDATED BALANCE SHEETS (In Thousands of New Taiwan Dollars) | Dec. 31, 2018 | Dec. 31, 2017 | ||
Amount | % | Amount | % | |
Current assets | $1,119,448 | 69 | $875,327 | 65 |
Noncurrent assets | 504,325 | 31 | 468,014 | 35 |
Total assets | 1,623,773 | 100 | 1,343,341 | 100 |
Current liabilities | 214,346 | 13 | 139,065 | 10 |
Noncurrent liabilities | 165,186 | 10 | 190,257 | 14 |
Total liabilities | 379,532 | 23 | 329,322 | 25 |
Capital stock | 300,000 | 18 | 300,000 | 22 |
Capital surplus | 8,000 | 0 | 8,000 | 1 |
Retained Earnings | 936,241 | 58 | 706,019 | 53 |
Equity attributable to shareholders of the parent | 1,244,241 | 77 | 1,014,019 | 75 |
Total shareholders' equity | 1,244,241 | 77 | 1,014,019 | 75 |
Total liabilities and shareholders' equity | $1,623,773 | 100 | $1,343,341 | 100 |
Book value per share ( in NT dollars per share ) | 41.47 | 39.00 | ||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In Thousands of New Taiwan Dollars,Except Earnings Per Share) | Year ended Dec. 31, 2018 | Year ended Dec. 31, 2017 | ||
Amount | % | Amount | % | |
Net Revenue | $839,073 | 100 | $564,076 | 100 |
Cost of revenue | 440,385 | 52 | 292,221 | 52 |
Gross profit | 398,688 | 48 | 271,855 | 48 |
Operating expenses | 103,263 | 12 | 68,087 | 12 |
Income from operations | 295,425 | 35 | 203,768 | 36 |
Non-operating income and exepens | 22,224 | 3 | (8,300) | (1) |
Income before income tax | 317,649 | 38 | 195,468 | 35 |
Income tax expense | 77,458 | 9 | 45,466 | 8 |
Net income | $240,191 | 29 | $150,002 | 27 |
Basic Earnings per share ( in NT dollars per share ) | 8.01 | 5.00 | ||
CONSOLIDATED STATEMENTS OF CASH FLOWS (In Thousands of New Taiwan Dollars) | Year ended Dec. 31, 2018 | Year ended Dec. 31, 2017 | ||
Amount | Amount | |||
Net cash generated by operating activities | $178,085 | $123,534 | ||
Net cash generated ( used ) in investing activities | 6,546 | (89,044) | ||
Net cash used in financing activities | (29,020) | (27,296) | ||
Net increase ( decrease ) in cash and cash equivalents | 155,611 | 7,194 | ||
Cash and cash equivalents, at beginning of the year | 229,663 | 222,469 | ||
Cash and cash equivalents, at end of the year | $385,274 | $229,663 | ||
Drewloong Precision, Inc. and Subsidiaries | ||||||
CONSOLIDATED BALANCE SHEETS (In Thousands of New Taiwan Dollars) | Jun. 30, 2018 (Reviewed) | Dec. 31, 2017 (Audited) | Jun. 30, 2017 (Reviewed) | |||
Amount | % | Amount | % | Amount | % | |
Current assets | $916,390 | 64 | $875,327 | 65 | $755,895 | 63 |
Noncurrent assets | 517,168 | 36 | 468,014 | 35 | 449,375 | 37 |
Total assets | 1,433,558 | 100 | 1,343,341 | 100 | 1,205,270 | 100 |
Current liabilities | 147,205 | 10 | 139,065 | 10 | 106,964 | 9 |
Noncurrent liabilities | 176,757 | 12 | 190,257 | 14 | 170,640 | 14 |
Total liabilities | 323,962 | 23 | 329,322 | 25 | 277,604 | 23 |
Capital stock | 300,000 | 21 | 300,000 | 22 | 260,000 | 22 |
Capital surplus | 8,000 | 1 | 8,000 | 1 | 48,000 | 4 |
Retained Earnings | 801,596 | 56 | 706,019 | 53 | 619,666 | 51 |
Equity attributable to shareholders of the parent | 1,109,596 | 77 | 1,014,019 | 75 | 927,666 | 77 |
Total shareholders' equity | 1,109,596 | 77 | 1,014,019 | 75 | 927,666 | 77 |
Total liabilities and shareholders' equity | $1,433,558 | 100 | $1,343,341 | 100 | $1,205,270 | 100 |
Book value per share (in NT dollars per share) | 36.99 | 39 | 35.68 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In Thousands of New Taiwan Dollars,Except Earnings Per Share) (Reviewed,Not Audited) | Year ended Jun. 30, 2018 | Year ended Jun. 30, 2017 | ||
Amount | % | Amount | % | |
Net Revenue | $358,553 | 100 | $282,230 | 100 |
Cost of revenue | 186,923 | 52 | 149,076 | 53 |
Gross profit | 171,630 | 48 | 133,154 | 47 |
Operating expenses | 40,430 | 11 | 32,351 | 11 |
Income from operations | 131,200 | 37 | 100,803 | 36 |
Non-operating income and exepens | 15,286 | 4 | (9,452) | (3) |
Income before income tax | 146,486 | 41 | 91,351 | 32 |
Income tax expense | 40,940 | 11 | 27,702 | 10 |
Net income | $105,546 | 29 | $63,649 | 23 |
Basic Earnings per share ( in NT dollars per share ) | 3.52 | 2.12 | ||
CONSOLIDATED STATEMENTS OF CASH FLOWS (In Thousands of New Taiwan Dollars) (Reviewed,Not Audited) | Year ended Jun. 30, 2018 | Year ended Jun. 30, 2017 | ||||
Amount | Amount | |||||
Net cash generated by operating activities | $58,715 | $18,385 | ||||
Net cash generated ( used ) in investing activities | 95,031 | (15,558) | ||||
Net cash used in financing activities | (22,200) | (20,708) | ||||
Net increase ( decrease ) in cash and cash equivalents | 131,546 | (17,881) | ||||
Cash and cash equivalents, at beginning of the year | 229,663 | 222,469 | ||||
Cash and cash equivalents, at end of the year | $361,209 | $204,588 | ||||
Drewloong Precision, Inc. and Subsidiaries | ||||
CONSOLIDATED BALANCE SHEETS (In Thousands of New Taiwan Dollars) | Dec. 31, 2017 | Dec. 31, 2016 | ||
Amount | % | Amount | % | |
Current assets | $875,327 | 65 | $692,910 | 60 |
Noncurrent assets | 468,014 | 35 | 457,793 | 40 |
Total assets | 1,343,341 | 100 | 1,150,703 | 100 |
Current liabilities | 139,065 | 10 | 125,780 | 11 |
Noncurrent liabilities | 190,257 | 14 | 121,906 | 11 |
Total liabilities | 329,322 | 25 | 247,686 | 22 |
Capital stock | 300,000 | 22 | 260,000 | 23 |
Capital surplus | 8,000 | 1 | 87,000 | 8 |
Retained Earnings | 706,019 | 53 | 556,017 | 48 |
Equity attributable to shareholders of the parent | 1,014,019 | 75 | 903,017 | 78 |
Total shareholders' equity | 1,014,019 | 75 | 903,017 | 78 |
Total liabilities and shareholders' equity | $1,343,341 | 100 | $1,150,703 | 100 |
Book value per share ( in NT dollars per share ) | 39 | 34.73 | ||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In Thousands of New Taiwan Dollars,Except Earnings Per Share) | Year ended Dec. 31, 2017 | Year ended Dec. 31, 2016 | ||
Amount | % | Amount | % | |
Net Revenue | $564,076 | 100 | $505,216 | 100 |
Cost of revenue | 292,221 | 52 | 277,018 | 55 |
Gross profit | 271,855 | 48 | 228,198 | 45 |
Operating expenses | 68,087 | 12 | 62,280 | 12 |
Income from operations | 203,768 | 36 | 165,918 | 33 |
Non-operating income and exepens | (8,300) | (1) | (1,636) | (0) |
Income before income tax | 195,468 | 35 | 164,282 | 33 |
Income tax expense | 45,466 | 8 | 38,059 | 8 |
Net income | $150,002 | 27 | $126,223 | 25 |
Basic Earnings per share ( in NT dollars per share ) | 5 | 4.5 | ||
CONSOLIDATED STATEMENTS OF CASH FLOWS (In Thousands of New Taiwan Dollars) | Year ended Dec. 31, 2017 | Year ended Dec. 31, 2016 | ||
Amount | Amount | |||
Net cash generated by operating activities | $123,534 | $145,329 | ||
Net cash generated ( used ) in investing activities | (89,044) | (137,250) | ||
Net cash used in financing activities | (27,296) | 71,482 | ||
Net increase ( decrease ) in cash and cash equivalents | 7,194 | 79,561 | ||
Cash and cash equivalents, at beginning of the year | 222,469 | 142,908 | ||
Cash and cash equivalents, at end of the year | $229,663 | $222,469 | ||