Business Context and Reporting Period
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) filed Form 6-K on February 24, 2022, to disclose resolutions from its 5th Board of Directors meeting of the 10th term. The filing reports consolidated financial results for the fiscal year ended December 31, 2021, and announces plans for the 2022 Annual General Meeting (AGM).
Key Financial Metrics (Fiscal Year 2021)
| Metric | Value (NT$) |
|---|---|
| Operating Revenue | 27,400,035 thousand |
| Gross Profit | 7,253,978 thousand |
| Operating Profit | 5,562,389 thousand |
| Profit Before Income Tax | 6,035,585 thousand |
| Profit for the Year | 5,059,069 thousand |
| Basic Earnings Per Share | 6.96 |
| Total Assets (as of Dec 31, 2021) | 42,522,584 thousand |
| Total Liabilities (as of Dec 31, 2021) | 18,136,698 thousand |
| Shareholders' Equity (as of Dec 31, 2021) | 24,385,886 thousand |
Dividend Proposal: The Board proposed a cash dividend of NT$4.30 per share, totaling approximately NT$3,127,132,542.
Material Changes and Comparisons
The filing text does not provide comparative financial data for the prior fiscal year (2020) or year-over-year percentage changes. Consequently, material changes in revenue, profit, or margins versus the prior period cannot be quantified from this document.
Outlook, Governance, and Corporate Actions
- 2022 AGM: Scheduled for May 26, 2022, at Hsinchu Science Park Life Hub, Einstein Hall.
- Shareholder Proposals: Must be submitted between March 18, 2022, and March 28, 2022.
- Book Closure: From March 28, 2022, to May 26, 2022.
- Governance Changes: The Board approved releasing directors from restrictions on engaging in competitive activities under Article 209 of the Company Act and proposed amendments to asset acquisition/disposal procedures.
- Dividend Adjustment: The Chairman is authorized to adjust the total distribution amount if the number of outstanding shares changes prior to the record date.
Investor Verification Checklist
- Verify the final dividend amount per share at the 2022 AGM, noting the potential for adjustment based on share count changes.
- Confirm the adoption of the 2021 financial statements and earnings distribution plan at the May 26, 2022, AGM.
- Review the specific amendments to the Operational Procedures for Acquisition and Disposal of Assets.
- Check for any subsequent filings regarding the removal of competitive activity restrictions for the Board of Directors.