GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
T

TSRC 2103.TW · TWD

Materials · Taiwan Stock Exchange · 🇹🇼 Taiwan

Compare

22.80

-1.08%

Close of 9 Nov 2026, in TWD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

Popular Bitcoin Ethereum Nvidia Apple S&P 500 Gold EUR/USD US 10Y

At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 36.47bn

FY2016FY2025

Net income

TWD 448.5m

FY2016FY2025

Free cash flow

TWD 584.8m

FY2016FY2025

Shareholders' equity

TWD 19.96bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 36.47bnTWD 37.21bnTWD 31.43bnTWD 33.84bnTWD 32.53bnTWD 24.02bnTWD 28.91bnTWD 29.75bnTWD 31.77bnTWD 26.96bn
Gross profitTWD 3.36bnTWD 4.12bnTWD 3.31bnTWD 5.51bnTWD 6.80bnTWD 2.94bnTWD 3.38bnTWD 3.49bnTWD 3.33bnTWD 3.88bn
Research and developmentTWD 406.3mTWD 427.4mTWD 396.7mTWD 392.1mTWD 371.7mTWD 350.7mTWD 389.8mTWD 387.9mTWD 375.6mTWD 346.7m
Operating incomeTWD 824.5mTWD 1.53bnTWD 719.3mTWD 3.24bnTWD 5.75bnTWD 640.6mTWD 1.44bnTWD 1.48bnTWD 1.20bnTWD 1.76bn
Net incomeTWD 448.5mTWD 862.3mTWD 680.0mTWD 1.78bnTWD 3.93bnTWD 215.3mTWD 740.3mTWD 1.19bnTWD 874.1mTWD 988.4m
Diluted earnings per share0.461.040.822.164.770.260.791.431.071.21

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 43.26bnTWD 43.22bnTWD 37.99bnTWD 36.57bnTWD 32.83bnTWD 29.27bnTWD 32.51bnTWD 30.23bnTWD 29.00bnTWD 29.77bn
Cash and short-term investmentsTWD 6.69bnTWD 6.35bnTWD 5.45bnTWD 6.33bnTWD 4.47bnTWD 3.28bnTWD 4.70bnTWD 4.53bnTWD 3.56bnTWD 3.51bn
Total liabilitiesTWD 21.75bnTWD 21.43bnTWD 17.19bnTWD 15.84bnTWD 12.71bnTWD 13.41bnTWD 16.06bnTWD 13.35bnTWD 12.56bnTWD 12.72bn
DebtTWD 12.14bnTWD 12.35bnTWD 9.94bnTWD 10.11bnTWD 7.60bnTWD 9.23bnTWD 10.90bnTWD 9.22bnTWD 8.32bnTWD 8.47bn
Shareholders' equityTWD 19.96bnTWD 20.35bnTWD 19.42bnTWD 18.53bnTWD 18.03bnTWD 14.14bnTWD 14.88bnTWD 15.31bnTWD 14.88bnTWD 15.34bn
Shares outstanding966m826m826m826m824m826m939m836m819m819m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 1.99bnTWD 748.4mTWD 2.72bnTWD 2.24bnTWD 2.70bnTWD 2.36bnTWD 2.60bnTWD 1.87bnTWD 1.59bnTWD 908.0m
Capital spending−TWD 1.40bn−TWD 3.05bn−TWD 1.63bn−TWD 735.7m−TWD 860.8m−TWD 1.46bn−TWD 2.45bn−TWD 1.24bn−TWD 652.6m−TWD 501.2m
Free cash flowTWD 584.8m−TWD 2.30bnTWD 1.08bnTWD 1.50bnTWD 1.84bnTWD 900.6mTWD 143.8mTWD 635.3mTWD 938.7mTWD 406.7m
Dividends paid−TWD 519.7m−TWD 461.6m−TWD 1.06bn−TWD 2.23bn−TWD 437.6m−TWD 529.3m−TWD 807.6m−TWD 791.2m−TWD 861.1m−TWD 963.7m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 11.88bnTWD 10.33bnTWD 8.36bnTWD 8.61bnTWD 9.13bnTWD 10.38bnTWD 9.59bnTWD 9.93bn
Gross profitTWD 2.51bnTWD 1.22bnTWD 672.5mTWD 735.3mTWD 760.1mTWD 1.19bnTWD 947.9mTWD 1.05bn
Operating incomeTWD 1.81bnTWD 563.0mTWD 255.7mTWD 92.6mTWD 45.3mTWD 527.7mTWD 111.6mTWD 354.2m
Net incomeTWD 1.55bnTWD 435.7mTWD 268.8m−TWD 82.2m−TWD 68.0mTWD 329.9m−TWD 76.8mTWD 353.1m
Diluted earnings per share1.730.490.28-0.09-0.070.34-0.090.43
Cash from operationsTWD 653.0m−TWD 324.0mTWD 373.0mTWD 341.0mTWD 2.64bn−TWD 1.35bnTWD 1.25bnTWD 513.0m
Capital spending−TWD 919.0m−TWD 592.0m−TWD 346.0m−TWD 297.0m−TWD 267.0m−TWD 493.0m−TWD 397.0m−TWD 381.0m
Free cash flow−TWD 266.0m−TWD 916.0mTWD 27.0mTWD 44.0mTWD 2.37bn−TWD 1.84bnTWD 850.0mTWD 132.0m
Total assetsTWD 48.02bnTWD 44.85bnTWD 43.26bnTWD 41.34bnTWD 40.14bnTWD 45.45bnTWD 43.22bnTWD 43.08bn
Cash and short-term investmentsTWD 7.15bnTWD 6.52bnTWD 6.69bnTWD 5.67bnTWD 5.45bnTWD 6.06bnTWD 6.35bnTWD 5.79bn
DebtTWD 7.68bnTWD 12.77bnTWD 12.35bnTWD 5.58bnTWD 11.04bnTWD 13.11bnTWD 11.91bnTWD 12.78bn
Shareholders' equityTWD 22.08bnTWD 20.49bnTWD 19.96bnTWD 19.14bnTWD 18.05bnTWD 20.57bnTWD 20.35bnTWD 20.55bn

Financial ratios

Data as of 2 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin9.2%11.1%10.5%16.3%20.9%12.2%
Operating margin2.3%4.1%2.3%9.6%17.7%2.7%
Net margin1.2%2.3%2.2%5.3%12.1%0.9%
Return on equity2.2%4.2%3.5%9.6%21.8%1.5%
Return on assets1.0%2.0%1.8%4.9%12.0%0.7%
Free cash flow yield12.5%16.4%18.7%12.8%15.4%16.5%
Revenue growth-2.0%18.4%-7.1%4.0%35.4%-16.9%
Earnings growth-48.0%26.8%-61.9%-54.6%1726.1%-70.9%
Current ratio1.87x1.86x1.64x1.64x1.81x1.26x
Debt to equity0.61x0.59x0.48x0.50x0.40x0.62x
Equity ratio46.1%47.1%51.1%50.7%54.9%48.3%
Interest coverage2.19x3.83x2.07x18.47x51.89x5.18x
R&D as a share of sales1.1%1.1%1.3%1.2%1.1%1.5%
Buybacks as a share of market value-17.0%0.0%0.0%-0.2%0.3%12.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue2.5%8.7%3.4%
Operating income-36.6%5.2%-5.1%
Net income-36.9%15.8%-1.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin10.1%11.7%13.3%12.8%
Operating margin3.2%4.5%6.5%5.9%
Net margin1.8%2.7%4.1%3.6%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings33.419.329.312.58.589.430.619.034.927.4
Price to sales0.40.50.60.71.00.80.80.81.01.0

Dividends and splits

Per share, in the currency the company pays

Paid for 22 years. Last went ex-dividend on 24 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.270.630.561.082.400.360.500.98
  • 21-for-20 split · 15 Jul 2014
  • 11-for-10 split · 17 Jul 2012
  • 11-for-10 split · 14 Jul 2011
  • 1.065-for-1 split · 11 Jul 2006
  • 21-for-20 split · 23 Jul 1999
  • 1.15-for-1 split · 18 Jul 1998

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.