Message from the ChairmanMessage from the Chairman
In 2022, the COVID-19 pandemic continued to affect the global supply chain, high inflation resulted in bank interest rate hikes, and geopolitical turmoil impacted the global economy. HFC, as a leader in the auto finance industry, coped with this challenging macro environment with a positive attitude and continued to increase the scope and value of diverse services, to further promote sustainable development and improve the resilience of business operations. In 2022, HFC’s consolidated revenue exceeded NT$22.7 billion, an annual increase of 26.9%, the consolidated net income after tax totaled NT$4.06 billion, an annual increase of 15%, and the earnings per share (EPS) after tax was NT$7.04, an annual increase of 15.4%. We witnessed outstanding performance in various aspects of financial data. Meanwhile, we shared financial achievements with employees. In 2022, the average full-time non-managerial employee salary reached NT$1.214 million, an annual growth rate of 2.4%; ESG investment costs also increased by 275% on a year-on-year basis. Thus, HFC has been selected as a constituent of the TWSE Corporate Governance 100 Index for two consecutive years. We have repeatedly set new highs in revenue, profit, employee salaries and benefits, and sustainable performance, and maximized the benefits for our stakeholders. Looking forward to the next ten years of high growth, we have officially launched "HFC 3.0" plan and declaring the three major strategies for the Company's development: "organizational restructuring", "strategic innovation", "talent and digitalization", and continue to enhance the installment payment and corporate banking business, develop consumer goods business, and diversify new businesses, and actively develop green energy business and enhance ESG business, to ''help consumers realize entrepreneurship dreams or buy goods'', ''establish a diverse installment payment ecosystem'', ''create social and economic vitality'', and ''realize the vision of sustainable business development.'' HFC has regarded ESG as an important mission for the Company. Due to the continuous development and update of international ESG development and standards, Taiwan has clearly set the Net Zero goal by 2050. We actively respond to and support the Net Zero goal and vision. In 2022, we jointly invested in the establishment of He Jun Energy Co., Ltd. with Hotai Motor and Hoyu Investment Co., Ltd., to formally step into the green energy industry. With green energy business and charger business as the two major strategies, we, with the influence of the Company, have stepped into the green energy investment business from the green energy financing business, integrated upstream and downstream supply chains, and created new businesses, to provide stakeholders with one-stop solutions to net-zero circular economy, thereby striding toward a sustainable and inclusive new lifestyles, contributing to net zero, and setting an important milestone on the road to realize our ESG goals. In 2022, the COVID-19 pandemic continued to affect the global supply chain, high inflation resulted in bank interest rate hikes, and geopolitical turmoil impacted the global economy. HFC, as a leader in the auto finance industry, coped with this challenging macro environment with a positive attitude and continued to increase the scope and value of diverse services, to further promote sustainable development and improve the resilience of business operations. In 2022, HFC’s consolidated revenue exceeded NT$22.7 billion, an annual increase of 26.9%, the consolidated net income after tax totaled NT$4.06 billion, an annual increase of 15%, and the earnings per share (EPS) after tax was NT$7.04, an annual increase of 15.4%. We witnessed outstanding performance in various aspects of financial data. Meanwhile, we shared financial achievements with employees. In 2022, the average full-time non-managerial employee salary reached NT$1.214 million, an annual growth rate of 2.4%; ESG investment costs also increased by 275% on a year-on-year basis. Thus, HFC has been selected as a constituent of the TWSE Corporate Governance 100 Index for two consecutive years. We have repeatedly set new highs in revenue, profit, employee salaries and benefits, and sustainable performance, and maximized the benefits for our stakeholders. Looking forward to the next ten years of high growth, we have officially launched "HFC 3.0" plan and declaring the three major strategies for the Company's development: "organizational restructuring", "strategic innovation", "talent and digitalization", and continue to enhance the installment payment and corporate banking business, develop consumer goods business, and diversify new businesses, and actively develop green energy business and enhance ESG business, to ''help consumers realize entrepreneurship dreams or buy goods'', ''establish a diverse installment payment ecosystem'', ''create social and economic vitality'', and ''realize the vision of sustainable business development.'' HFC has regarded ESG as an important mission for the Company. Due to the continuous development and update of international ESG development and standards, Taiwan has clearly set the Net Zero goal by 2050. We actively respond to and support the Net Zero goal and vision. In 2022, we jointly invested in the establishment of He Jun Energy Co., Ltd. with Hotai Motor and Hoyu Investment Co., Ltd., to formally step into the green energy industry. With green energy business and charger business as the two major strategies, we, with the influence of the Company, have stepped into the green energy investment business from the green energy financing business, integrated upstream and downstream supply chains, and created new businesses, to provide stakeholders with one-stop solutions to net-zero circular economy, thereby striding toward a sustainable and inclusive new lifestyles, contributing to net zero, and setting an important milestone on the road to realize our ESG goals.
HFC has been established for 24 years and has served more than three million customers. We have expanded from the "car" field into the "non-car" field and from "financial leasing" into "green energy investment". We continue to develop diversified and sustainable businesses. We aim to "achieve higher to break" through the existing limitations and frameworks, create infinite possibilities, and achieve sustainable development. HFC will adhere to the business philosophy of "customer first and profession oriented", continue to collaborate with stakeholders, and create and expand sustainable influence through each of our actions. HFC has been established for 24 years and has served more than three million customers. We have expanded from the "car" field into the "non-car" field and from "financial leasing" into "green energy investment". We continue to develop diversified and sustainable businesses. We aim to "achieve higher to break" through the existing limitations and frameworks, create infinite possibilities, and achieve sustainable development. HFC will adhere to the business philosophy of "customer first and profession oriented", continue to collaborate with stakeholders, and create and expand sustainable influence through each of our actions.
