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    2382   TW0002382009

QUANTA COMPUTER INC.

(2382)
  Report
End-of-day quote Taiwan Stock Exchange  -  2022-09-26
77.00 TWD   +0.65%
08/12Quanta Computer Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
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08/12Quanta Computer : QCI Subscribes to Cash Capital Increase of QCG Through Indirect Investment and Announces Cash Capital Increase for Subsidiaries, QIL, QAL, QIT, and QCG
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Quanta Computer : QCI Subscribes to Cash Capital Increase of QMN Through Indirect Investment and Announces Cash Capital Increase For Subsidiaries, QIL, AIC, QMI, and QMN

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

Provided by: QUANTA COMPUTER INC.
SEQ_NO 1 Date of announcement 2022/08/12 Time of announcement 14:26:11
Subject
 QCI Subscribes to Cash Capital Increase of QMN
Through Indirect Investment and Announces Cash Capital
Increase For Subsidiaries, QIL, AIC, QMI, and QMN
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.):
 Quanta Manufacturing Nashville LLC (QMN)
 Cash Capital Increase of Common Shares

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 may complete 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):
 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)

 Transaction may complete in separate installments within
 the total transaction amount.
 Companies listed above, including QIL, AIC, QMI and QMN
 are subsidiaries of QCI with 100% shareholding.

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:
 Not applicable
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:
 Resolved by the Board of Directors and authorized the Chairman
 to proceed with the transaction in separate installments within
 the total transaction amount.
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$ 143,350,000
 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:
 Security investments: NT$ 7,693,762,000
 Ratio to total assets: 3.56%
 Ratio to equity attributable to owners of the parent: 18.29%
 Working capital: NT$ 100,533,716,000
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: 2022/08/12
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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Sales 2022 1 262 B 39 774 M 39 774 M
Net income 2022 25 176 M 794 M 794 M
Net Debt 2022 32 176 M 1 014 M 1 014 M
P/E ratio 2022 11,9x
Yield 2022 6,93%
Capitalization 297 B 9 355 M 9 355 M
EV / Sales 2022 0,26x
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
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 77,00 TWD
Average target price 84,98 TWD
Spread / Average Target 10,4%
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
Pi Sin Chen Independent Director
Hung Ching Lee Independent Director
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