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Shuttle 2405.TW · TWD

Information Technology · Taiwan Stock Exchange · 🇹🇼 Taiwan

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13.35

+7.23%

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.

FY2025

Revenue

TWD 1.74bn

FY2016FY2025

Net income

−TWD 68.9m

FY2016FY2025

Free cash flow

TWD 22.8m

FY2016FY2025

Shareholders' equity

TWD 3.48bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 1.74bnTWD 1.67bnTWD 1.71bnTWD 1.73bnTWD 1.84bnTWD 1.74bnTWD 3.18bnTWD 4.20bnTWD 4.76bnTWD 4.19bn
Research and developmentTWD 176.3mTWD 166.5mTWD 167.5mTWD 168.9mTWD 189.2mTWD 191.5mTWD 230.1mTWD 230.6mTWD 285.4mTWD 273.4m
Operating income−TWD 91.9m−TWD 49.2m−TWD 21.0mTWD 58.8mTWD 281.2mTWD 55.5mTWD 39.2m−TWD 172.4m−TWD 258.8mTWD 8.0m
Net income−TWD 68.9mTWD 10.8mTWD 12.4mTWD 55.1mTWD 195.5mTWD 58.1mTWD 7.9m−TWD 135.8m−TWD 150.5m−TWD 99.3m
Diluted earnings per share-0.200.030.040.160.610.210.02-0.42-0.48-0.28

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 4.39bnTWD 4.40bnTWD 4.49bnTWD 4.47bnTWD 4.60bnTWD 3.91bnTWD 4.41bnTWD 4.10bnTWD 4.61bnTWD 5.01bn
Cash and short-term investmentsTWD 897.4mTWD 963.3mTWD 1.33bnTWD 1.45bnTWD 1.72bnTWD 1.96bnTWD 1.55bnTWD 1.66bnTWD 2.00bnTWD 2.00bn
Total liabilitiesTWD 794.9mTWD 640.4mTWD 661.3mTWD 754.8mTWD 973.1mTWD 515.5mTWD 987.8mTWD 764.7mTWD 1.21bnTWD 1.28bn
DebtTWD 202.0mTWD 256.9mTWD 280.8mTWD 291.7mTWD 335.4mTWD 119.2mTWD 366.9mTWD 25.7mTWD 170.0mTWD 278.6m
Shareholders' equityTWD 3.48bnTWD 3.63bnTWD 3.67bnTWD 3.67bnTWD 3.59bnTWD 3.37bnTWD 3.31bnTWD 3.33bnTWD 3.40bnTWD 3.73bn
Shares outstanding347m343m343m343m322m275m339m320m312m351m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 37.9mTWD 35.3mTWD 265.3m−TWD 283.0mTWD 78.3mTWD 656.6mTWD 10.4m−TWD 205.0mTWD 119.5m−TWD 502.6m
Capital spending−TWD 15.1m−TWD 9.0m−TWD 84.0m−TWD 35.4m−TWD 999.5m−TWD 3.0m−TWD 7.4m−TWD 13.4m−TWD 14.8m−TWD 17.4m
Free cash flowTWD 22.8mTWD 26.3mTWD 181.3m−TWD 318.4m−TWD 921.2mTWD 653.6mTWD 3.1m−TWD 218.4mTWD 104.7m−TWD 520.0m
Dividends paid−TWD 58.4m−TWD 58.4m−TWD 68.7m—————−TWD 39.5m−TWD 39.5m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 481.5mTWD 420.1mTWD 456.3mTWD 446.2mTWD 407.0mTWD 432.1mTWD 399.2mTWD 399.3m
Operating incomeTWD 5.7mTWD 2.3m−TWD 44.4m−TWD 16.2m−TWD 21.3m−TWD 13.3m−TWD 16.3m−TWD 16.6m
Net incomeTWD 8.3mTWD 1.1m−TWD 17.3m−TWD 546,000−TWD 55.5mTWD 4.5m−TWD 6.4m−TWD 7.0m
Diluted earnings per share0.030.00-0.05-0.00-0.160.01-0.02-0.02
Cash from operations−TWD 104.0m−TWD 168.0mTWD 3.0mTWD 23.0m−TWD 37.0mTWD 35.0m−TWD 27.0m−TWD 29.0m
Capital spending—−TWD 2.0m−TWD 1.0m−TWD 5.0m−TWD 4.0m−TWD 3.0m—−TWD 1.0m
Free cash flow—−TWD 170.0mTWD 2.0mTWD 18.0m−TWD 41.0mTWD 32.0m—−TWD 30.0m
Total assetsTWD 4.58bnTWD 4.52bnTWD 4.39bnTWD 4.42bnTWD 4.29bnTWD 4.46bnTWD 4.40bnTWD 4.53bn
Cash and short-term investmentsTWD 651.3mTWD 698.9mTWD 897.4mTWD 899.3mTWD 874.4mTWD 982.9mTWD 963.3mTWD 1.01bn
DebtTWD 390.1mTWD 301.7mTWD 274.1mTWD 200.0mTWD 99.6mTWD 104.2mTWD 104.4mTWD 106.0m
Shareholders' equityTWD 3.44bnTWD 3.47bnTWD 3.48bnTWD 3.49bnTWD 3.47bnTWD 3.64bnTWD 3.63bnTWD 3.68bn

Financial ratios

Data as of 15 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin-5.3%1.7%2.1%3.4%15.3%3.2%
Net margin-4.0%0.6%0.7%3.2%10.6%3.3%
Return on equity-2.0%0.3%0.3%1.5%5.4%1.7%
Return on assets-1.6%0.2%0.3%1.2%4.3%1.5%
Free cash flow yield1.0%0.9%6.9%-4.9%22.6%16.2%
Revenue growth4.5%-2.5%-1.4%-5.8%5.6%-45.1%
Earnings growth-737.4%-12.7%-77.5%-71.8%236.5%635.9%
Current ratio2.83x3.95x4.71x4.73x3.81x6.10x
Debt to equity0.06x0.03x0.03x0.03x0.03x0.02x
Equity ratio79.4%82.4%81.8%82.2%78.2%86.2%
Interest coverage-12.43x3.81x6.63x14.25x92.15x10.74x
R&D as a share of sales10.1%10.0%9.8%9.7%10.3%11.0%
Buybacks as a share of market value-1.1%0.0%0.0%-6.5%-17.5%19.1%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue0.1%-0.0%-10.1%
Operating income——-9.7%
Net income——-10.7%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin-4.1%-1.5%2.2%-1.3%
Net margin-1.7%0.1%2.5%-1.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings-89.7——72.033.562.4—-26.4-42.2-28.7
Price to sales3.54.33.62.33.52.11.30.81.30.7

Dividends and splits

Per share, in the currency the company pays

Paid for 3 years. Last went ex-dividend on 3 Jul 2025.

FY2025FY2024FY2023FY2017FY2014FY2013FY2008FY2006
Paid in the year0.170.170.200.120.700.500.200.38
  • 1-to-1 reverse split · 10 Nov 2006
  • 1.026-for-1 split · 22 Jul 2005
  • 5-for-4 split · 4 Aug 2004
  • 1.175-for-1 split · 16 Jul 2003
  • 1.221-for-1 split · 11 Jul 2000
  • 13-for-10 split · 6 Aug 1999

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.