Corporate Governance

Chroma complies with International Financial Reporting Standards (IFRS). The relevant statistics from the Chroma consolidated financial reports for the last three years are provided in the table below. To access our CPA audited financial and annual reports, please visit the Market Observation Post System operated by TWSE (http://mops.twse.com.tw).

The decrease in net profit and EPS in 2019 was mainly attributed to a downturn in the solar power sector. Consequently, MAS Automation (a Chroma subsidiary) experienced a drastic decline in operating revenues. This led to a significant decrease in our profit margin for the current fiscal year and in turn affected our net profit and EPS. However, Chroma is poised to focus extensively on new 5G technology applications. We are working on AI and IoT applications with several major international brand names to increase our product lines and improve our operational performance.
Financial data for the last three years (2017-2019)
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Key financial ratio for the last 3 years (2017-2019)
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Subsidiaries included in the consolidated financial statements:
Name of subsidiary
Main business
Neworld Electronics Ltd

Sale and maintenance of electronic test instruments, etc.

Chroma Investment Co., Ltd

Investment

Sensational Holding Ltd

Investment

Chroma ATE Europe B.V

Sale and maintenance of electronic test instruments, etc

Chroma ATE Inc.

Sale and maintenance of electronic test instruments, etc

Chen Hwa Technology Inc.

Testing and trading of inductance, capacitance and resistance parts

CHI Incorporation Ltd.

Testing and trading of inductance, capacitance and resistance parts

Chroma New Material Corp.

Processing and trading of gold wire

San Eagle Development Corp.

Investment

Wei Kuang Automatic Equipment Co., Ltd

Design, manufacturing, installation and testing of turnkey automated conveyor solutions

Testar Electronics Corp.

Testing of LED products

Sensational Holding Ltd

Investment

Chroma Japan Corp.

Sale and maintenance of electronic test instruments, etc.

Chroma Systems Solutions, Inc.

Sale and maintenance of electronic test instruments, etc

Adivic Technology Co.

Development and distribution of radio-frequency devices

EVT Technology Co., Ltd

Motorcycle and parts manufacturing

Quantel Private Ltd.

Sale and maintenance of electronic test instruments, etc.

Innovative Nanotech Inc

Monitoring instruments for nanoparticles

Touch Cloud Inc

Development and integration of cloud platforms and Internet of
Things systems

Chroma Electronics (Shenzhen) Co., Ltd

Sale of computerized automation test systems, peripherals and electronic test instruments

Chroma Electronics (Shanghai) Co., Ltd

Sale of computerized automation test systems, peripherals and electronic test instruments

Chroma (Shanghai) Trading Co., Ltd

International and transit trading, simple commercial processing, commercial consultation, etc.

Chroma ATE (Suzhou) Co., Ltd

Sale of computerized automation test systems, peripherals and electronic test instruments

Wei Kuang Mech. Eng. Inc.

Investment

Moguan Technology (Nanjing) Co., Ltd

Sale, assembly, installation and maintenance of factory conveyors and related systems

Wei Kuang Autotech Equipment (Nanjing) Co., Ltd

Sale, assembly and maintenance of electronic production equipment and factory conveyor systems

Wei Kuang Autotech Equipment (Xiamen) Co., Ltd

Sale, assembly and maintenance of electronic production equipment and factory conveyor systems

Sajet System Technology (Suzhou) Co., Ltd

Development and design of computer network security systems and information management systems

Wei Da Electric Vehicle Co., Ltd

Sale and lease of motorcycles

Adivic Holding Corporation

Sale and development of radio-frequency devices

Quantel Technologies India Private Ltd.

Sale and maintenance of electronic test instruments, etc.

Quantel Global Vietnam Co.,Ltd.

Sale and maintenance of electronic test instruments, etc.

Quantel Global Sdn. Bhd.

Sale and maintenance of electronic test instruments, etc.

Quantel Global Philippines Corp.

Sale and maintenance of electronic test instruments, etc.

Chroma Germany GmbH

Sale and maintenance of electronic test instruments, etc.

    Chroma welcome your voice and please do not hesitate to contact us!
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