B 
86.40
+9.92%
Close of 9 Nov 2026, in TWD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 3.26bn
FY2016FY2025
Net income
−TWD 704.2m
FY2016FY2025
Free cash flow
−TWD 833.0m
FY2016FY2025
Shareholders' equity
TWD 2.63bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 3.26bn | TWD 3.10bn | TWD 3.61bn | TWD 5.00bn | TWD 4.77bn | TWD 4.94bn | TWD 4.44bn | TWD 3.57bn | TWD 3.59bn | TWD 2.85bn |
| Research and development | TWD 229.1m | TWD 196.5m | TWD 188.3m | TWD 233.6m | TWD 212.6m | TWD 149.8m | TWD 136.5m | TWD 84.7m | TWD 78.3m | TWD 8.2m |
| Operating income | −TWD 594.0m | −TWD 436.1m | −TWD 201.8m | TWD 369.0m | TWD 411.0m | TWD 594.6m | TWD 262.2m | TWD 210.9m | TWD 448.1m | TWD 225.0m |
| Net income | −TWD 704.2m | −TWD 311.6m | −TWD 115.4m | TWD 391.4m | TWD 315.4m | TWD 394.6m | TWD 113.4m | TWD 38.9m | TWD 263.2m | TWD 181.7m |
| Diluted earnings per share | -5.31 | -2.57 | -0.95 | 3.22 | 2.59 | 3.30 | 1.00 | 0.35 | 2.53 | 1.75 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 6.33bn | TWD 6.40bn | TWD 6.47bn | TWD 7.22bn | TWD 7.31bn | TWD 7.07bn | TWD 6.75bn | TWD 6.32bn | TWD 5.83bn | TWD 4.60bn |
| Cash and short-term investments | — | — | TWD 1.18bn | TWD 1.32bn | TWD 630.1m | TWD 526.5m | TWD 665.7m | TWD 618.0m | TWD 632.8m | TWD 327.5m |
| Total liabilities | TWD 3.53bn | TWD 3.38bn | TWD 3.20bn | TWD 3.54bn | TWD 3.96bn | TWD 3.83bn | TWD 4.02bn | TWD 3.59bn | TWD 3.42bn | TWD 2.57bn |
| Debt | TWD 640.1m | TWD 2.19bn | TWD 2.10bn | TWD 2.35bn | TWD 2.16bn | TWD 2.42bn | TWD 2.47bn | TWD 2.36bn | TWD 1.98bn | TWD 1.58bn |
| Shareholders' equity | TWD 2.63bn | TWD 2.88bn | TWD 3.15bn | TWD 3.55bn | TWD 3.25bn | TWD 3.14bn | TWD 2.63bn | TWD 2.62bn | TWD 2.31bn | TWD 2.03bn |
| Shares outstanding | 133m | 121m | 121m | 121m | 122m | 119m | 113m | 111m | 104m | 104m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 422.6m | TWD 222.5m | TWD 492.1m | TWD 1.13bn | TWD 1.04bn | TWD 493.3m | TWD 683.9m | TWD 167.3m | TWD 547.6m | TWD 612.0m |
| Capital spending | −TWD 410.4m | −TWD 457.6m | −TWD 266.6m | −TWD 476.9m | −TWD 346.0m | −TWD 507.2m | −TWD 702.9m | −TWD 898.9m | −TWD 748.2m | −TWD 202.5m |
| Free cash flow | −TWD 833.0m | −TWD 235.1m | TWD 225.6m | TWD 654.1m | TWD 695.0m | −TWD 13.9m | −TWD 19.0m | −TWD 731.6m | −TWD 200.6m | TWD 409.5m |
| Dividends paid | — | −TWD 121.4m | −TWD 242.9m | −TWD 194.3m | −TWD 180.8m | −TWD 34.0m | −TWD 28.2m | −TWD 67.6m | −TWD 40.1m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 819.0m | TWD 806.0m | TWD 760.5m | TWD 809.5m | TWD 871.0m | TWD 817.9m | TWD 863.5m | TWD 848.8m |
| Operating income | −TWD 96.2m | −TWD 77.1m | −TWD 175.5m | −TWD 132.8m | −TWD 283.1m | −TWD 128.6m | −TWD 156.4m | −TWD 89.4m |
| Net income | −TWD 135.2m | −TWD 101.7m | −TWD 145.8m | −TWD 120.4m | −TWD 276.3m | −TWD 161.7m | −TWD 116.8m | −TWD 119.9m |
| Diluted earnings per share | -0.94 | -0.71 | -1.10 | -0.91 | -2.28 | -1.33 | -0.96 | -0.99 |
| Cash from operations | −TWD 298.0m | −TWD 92.0m | −TWD 68.0m | −TWD 200.0m | TWD 30.0m | −TWD 223.0m | −TWD 197.0m | TWD 96.0m |
| Capital spending | −TWD 104.0m | −TWD 130.0m | −TWD 107.0m | −TWD 75.0m | −TWD 121.0m | −TWD 105.0m | −TWD 102.0m | −TWD 64.0m |
| Free cash flow | −TWD 402.0m | −TWD 222.0m | −TWD 175.0m | −TWD 275.0m | −TWD 91.0m | −TWD 328.0m | −TWD 299.0m | TWD 32.0m |
| Total assets | TWD 6.99bn | TWD 6.65bn | TWD 6.33bn | TWD 6.09bn | TWD 5.93bn | TWD 6.74bn | TWD 6.40bn | TWD 6.28bn |
| Debt | TWD 656.7m | TWD 717.9m | TWD 640.1m | TWD 587.0m | TWD 797.0m | TWD 579.7m | TWD 633.3m | TWD 682.8m |
| Shareholders' equity | TWD 2.97bn | TWD 3.10bn | TWD 2.63bn | TWD 2.68bn | TWD 2.19bn | TWD 2.76bn | TWD 2.88bn | TWD 2.97bn |
Financial ratios
Data as of 10 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -17.5% | -7.6% | -5.6% | 7.4% | 8.6% | 12.0% |
| Net margin | -21.6% | -10.0% | -3.2% | 7.8% | 6.6% | 8.0% |
| Return on equity | -26.7% | -10.8% | -3.7% | 11.0% | 9.7% | 12.6% |
| Return on assets | -11.1% | -4.9% | -1.8% | 5.4% | 4.3% | 5.6% |
| Free cash flow yield | — | 8.0% | 8.9% | 18.9% | 16.2% | 12.0% |
| Revenue growth | 5.0% | -13.9% | -28.0% | 4.9% | -3.5% | 11.4% |
| Earnings growth | 126.0% | 170.0% | -129.5% | 24.1% | -20.1% | 248.0% |
| Current ratio | 1.20x | 1.24x | 1.52x | 1.37x | 1.17x | 1.28x |
| Debt to equity | 0.24x | 0.22x | 0.67x | 0.66x | 0.66x | 0.76x |
| Equity ratio | 41.6% | 45.0% | 48.7% | 49.2% | 44.4% | 44.4% |
| Interest coverage | -9.37x | -4.78x | -3.70x | 6.89x | 8.47x | 7.34x |
| R&D as a share of sales | 7.0% | 6.3% | 5.2% | 4.7% | 4.5% | 3.0% |
| Buybacks as a share of market value | — | 0.0% | 0.0% | 0.4% | -2.1% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -13.3% | -8.0% | 3.3% |
| Operating income | — | — | 8.1% |
| Net income | — | — | 8.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -16.2% | -5.8% | 0.6% | 2.5% |
| Net margin | -16.0% | -4.9% | -0.1% | 0.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -10.2 | -19.8 | -25.1 | 6.8 | 9.9 | 8.6 | 25.6 | 35.4 | 15.4 | 18.2 |
| Price to sales | 2.2 | 2.0 | 0.8 | 0.5 | 0.7 | 0.7 | 0.7 | 0.4 | 1.1 | 1.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 19 Aug 2024.
| FY2024 | FY2023 | FY2022 | |
|---|---|---|---|
| Paid in the year | 1.00 | 2.00 | 1.60 |
- 1.06-for-1 split · 1 Oct 2013
- 1.00944-for-1 split · 26 Sept 2011
- 1.00997-for-1 split · 17 Sept 2010
- 1.02985-for-1 split · 24 Sept 2009
- 106.228-for-100 split · 25 Sept 2008
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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