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    2382   TW0002382009

QUANTA COMPUTER INC.

(2382)
  Report
End-of-day quote Taiwan Stock Exchange  -  2022-11-29
71.60 TWD   +0.14%
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Quanta Computer : QCI Subscribes to Cash Capital Increase of QMN Through Indirect Investment

08/12/2022 | 02:40am EST
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Today's Information

Provided by: QUANTA COMPUTER INC.
SEQ_NO 1 Date of announcement 2022/08/12 Time of announcement 14:28:03
Subject
 QCI Subscribes to Cash Capital Increase of
QMN Through Indirect Investment
Date of events 2022/08/12 To which item it meets paragraph 20
Statement
1.Name and nature of the underlying assets (if preferred shares, the terms
and conditions of issuance shall also be indicated, e.g., dividend yield,
etc.):
 Cash Capital Increase of Common Shares
 Investment flow as follows:
 QCI→ Quanta International Ltd. (QIL)
 → Access International Company (AIC)
 → Quanta Manufacturing Incorporation (QMI)
 → Quanta Manufacturing Nashville LLC (QMN)
 Companies listed above, including QIL, AIC, QMI and QMN,
 are all subsidiaries of QCI with 100% shareholding.
2.Date of occurrence of the event:2022/08/12
3.Amount, unit price, and total monetary amount of the transaction:
 US$100,000,000 (or approximately NT$ 2,972,000,000 at exchange rate of
 29.72). Transaction to be completed in separate installments within
 the total transaction amount.
4.Trading counterparty and its relationship with the Company (if the trading
counterparty is a natural person and furthermore is not a related party of
the Company, the name of the trading counterparty is not required to be
disclosed):
 Not applicable, cash capital increase
5.Where the trading counterparty is a related party, announcement shall also
be made of the reason for choosing the related party as trading counterparty
and the identity of the previous owner, its relationship with the Company
and the trading counterparty, and the previous date and monetary amount of
transfer:
 Not applicable, cash capital increase
6.Where an owner of the underlying assets within the past five years has
been a related party of the Company, the announcement shall also include the
date and price of acquisition and disposal by the related party, and its
relationship with the Company at the time of the transaction: NA
7.Matters related to the current disposal of creditors' rights (including
types of collaterals of the disposed creditor's rights; if creditor's
rights over a related party, announcement shall be made of the name of the
related party and the book amount of the creditor's rights, currently being
disposed of, over such related party):
 Not applicable, cash capital increase
8.Profit or loss from the disposal (not applicable in cases of acquisition
of securities) (those with deferral should provide a table explaining
recognition): NA
9.Terms of delivery or payment (including payment period and monetary
amount), restrictive covenants in the contract, and other important terms
and conditions:
 Subscription schedule in accordance with capital increase plan
10.The manner of deciding on this transaction (such as invitation to tender,
price comparison, or price negotiation), the reference basis for the
decision on price, and the decision-making unit:
 The decision method and decision-making unit of this transaction:
 in accordance with the relevant regulations and the Company's
 delegation of authority
 Reference basis for price determination: cash capital increase
11.Net worth per share of the Company's underlying securities acquired or
disposed of: NA
12.Cumulative no.of shares held (including the current transaction), their
monetary amount, shareholding percentage, and status of any restriction of
rights (e.g., pledges), as of the present moment:
 Cumulative no. of shares held and their monetary amount:
 QCI → QIL→ AIC→ QMI→ QMN:US$ 27,350,000
 Shareholding percentage: 100% shareholding
 Status of restriction: NA
13.Current ratio of securities investment (including the current trade, as
listed in article 3 of Regulations Governing the Acquisition and Disposal of
Assets by Public Companies) to the total assets and equity attributable to
owners of the parent as shown in the most recent financial statement and
working capital as shown in the most recent financial statement as of the
present:
 Ratio to total assets: 3.69%
 Ratio to equity attributable to owners of the parent: 18.95%
 Working capital: NT$ NT$ 103,959,046,000
14.Broker and broker's fee: NA
15.Concrete purpose or use of the acquisition or disposal:
 Business operation needs
16.Any dissenting opinions of directors to the present transaction: NA
17.Whether the counterparty of the current transaction is
a related party: Yes
18.Date of the board of directors resolution: 2021/11/12
19.Date of ratification by supervisors or approval by
the Audit Committee: 2022/08/12
20.Whether the CPA issued an unreasonable opinion regarding the current
transaction: NA
21.Name of the CPA firm: NA
22.Name of the CPA: NA
23.Practice certificate number of the CPA: NA
24.Whether the transaction involved in change of business model: NA
25.Details on change of business model: NA
26.Details on transactions with the counterparty for the past year and the
expected coming year: NA
27.Source of funds: NA
28.Any other matters that need to be specified: NA

Disclaimer

Quanta Computer Inc. published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 06:38:51 UTC.


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Financials
Sales 2022 1 283 B 41 517 M 41 517 M
Net income 2022 27 290 M 883 M 883 M
Net Debt 2022 31 395 M 1 016 M 1 016 M
P/E ratio 2022 10,1x
Yield 2022 7,90%
Capitalization 276 B 8 929 M 8 929 M
EV / Sales 2022 0,24x
EV / Sales 2023 0,22x
Nbr of Employees 54 279
Free-Float 66,7%
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Technical analysis trends QUANTA COMPUTER INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 71,60 TWD
Average target price 81,65 TWD
Spread / Average Target 14,0%
EPS Revisions
Managers and Directors
Tzu Chen Liang Vice Chairman, President & General Manager
Chun Lieh Yang Director, Deputy GM, Head-Finance & Accounting
Pai Li Lin Chairman
Bryan Chen Chief Information Security Officer
Pi Sin Chen Independent Director
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