C 
21.75
+2.59%
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 209.14bn
FY2016FY2025
Net income
TWD 14.70bn
FY2016FY2025
Free cash flow
−TWD 4.31bn
FY2016FY2025
Shareholders' equity
TWD 97.58bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 209.14bn | TWD 203.88bn | TWD 184.82bn | TWD 150.72bn | TWD 138.84bn | TWD 115.25bn | TWD 168.44bn | TWD 170.71bn | TWD 156.12bn | TWD 141.08bn |
| Gross profit | TWD 37.23bn | TWD 34.16bn | TWD 23.83bn | TWD 11.37bn | TWD 23.35bn | TWD 10.22bn | TWD 16.69bn | TWD 17.21bn | TWD 21.97bn | TWD 18.01bn |
| Operating income | TWD 20.84bn | TWD 18.20bn | TWD 10.16bn | TWD 5.20bn | TWD 13.53bn | TWD 2.40bn | TWD 3.24bn | TWD 4.02bn | TWD 8.83bn | TWD 4.56bn |
| Net income | TWD 14.70bn | TWD 14.38bn | TWD 6.82bn | TWD 2.25bn | TWD 9.38bn | −TWD 279.8m | −TWD 675.0m | TWD 1.79bn | TWD 2.21bn | TWD 571.5m |
| Diluted earnings per share | 2.29 | 2.32 | 1.13 | 0.37 | 1.64 | -0.05 | -0.12 | 0.33 | 0.40 | 0.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 354.82bn | TWD 327.38bn | TWD 291.24bn | TWD 294.41bn | TWD 294.72bn | TWD 284.19bn | TWD 293.05bn | TWD 230.14bn | TWD 225.90bn | TWD 224.50bn |
| Cash and short-term investments | TWD 59.73bn | TWD 68.34bn | TWD 34.66bn | TWD 41.32bn | TWD 58.45bn | TWD 33.95bn | TWD 31.33bn | TWD 29.00bn | TWD 22.89bn | TWD 24.68bn |
| Total liabilities | TWD 252.28bn | TWD 236.83bn | TWD 213.76bn | TWD 221.96bn | TWD 217.52bn | TWD 223.48bn | TWD 232.92bn | TWD 170.09bn | TWD 166.74bn | TWD 166.63bn |
| Debt | TWD 93.32bn | TWD 97.53bn | TWD 94.00bn | TWD 107.64bn | TWD 125.27bn | TWD 140.63bn | TWD 118.24bn | TWD 109.95bn | TWD 112.85bn | TWD 117.43bn |
| Shareholders' equity | TWD 97.58bn | TWD 86.00bn | TWD 74.59bn | TWD 70.00bn | TWD 74.04bn | TWD 57.56bn | TWD 56.55bn | TWD 57.08bn | TWD 57.02bn | TWD 55.78bn |
| Shares outstanding | 6,415m | 6,187m | 6,049m | 6,011m | 5,720m | 5,446m | 5,667m | 5,403m | 5,466m | 5,705m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 49.41bn | TWD 54.28bn | TWD 55.85bn | TWD 46.85bn | TWD 49.89bn | TWD 9.72bn | TWD 37.53bn | TWD 25.19bn | TWD 28.55bn | TWD 17.64bn |
| Capital spending | −TWD 53.72bn | −TWD 24.84bn | −TWD 29.19bn | −TWD 26.96bn | −TWD 14.73bn | −TWD 12.65bn | −TWD 18.97bn | −TWD 19.60bn | −TWD 27.29bn | −TWD 27.66bn |
| Free cash flow | −TWD 4.31bn | TWD 29.45bn | TWD 26.66bn | TWD 19.89bn | TWD 35.16bn | −TWD 2.92bn | TWD 18.55bn | TWD 5.59bn | TWD 1.26bn | −TWD 10.03bn |
| Dividends paid | −TWD 4.84bn | −TWD 4.32bn | −TWD 3.03bn | −TWD 5.00bn | −TWD 5.00bn | −TWD 5.00bn | −TWD 1.14bn | −TWD 1.19bn | −TWD 1.19bn | −TWD 2.51bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 63.82bn | TWD 57.00bn | TWD 54.16bn | TWD 50.87bn | TWD 51.33bn | TWD 52.77bn | TWD 52.95bn | TWD 52.02bn |
| Gross profit | TWD 7.10bn | TWD 11.74bn | TWD 9.78bn | TWD 8.24bn | TWD 9.58bn | TWD 9.62bn | TWD 9.41bn | TWD 9.21bn |
| Operating income | TWD 2.67bn | TWD 6.44bn | TWD 5.07bn | TWD 4.30bn | TWD 5.82bn | TWD 5.65bn | TWD 4.86bn | TWD 5.28bn |
| Net income | TWD 1.85bn | TWD 5.17bn | TWD 3.70bn | TWD 2.96bn | TWD 3.86bn | TWD 4.19bn | TWD 4.01bn | TWD 3.83bn |
| Diluted earnings per share | 0.23 | 0.65 | 0.58 | 0.46 | 0.60 | 0.65 | 0.65 | 0.62 |
| Cash from operations | TWD 9.21bn | TWD 13.19bn | TWD 19.96bn | TWD 11.57bn | TWD 11.01bn | TWD 6.90bn | TWD 17.44bn | TWD 11.92bn |
| Capital spending | −TWD 23.19bn | −TWD 16.10bn | −TWD 17.50bn | −TWD 10.61bn | −TWD 19.11bn | −TWD 6.50bn | −TWD 6.75bn | −TWD 6.23bn |
| Free cash flow | −TWD 13.98bn | −TWD 2.91bn | TWD 2.46bn | TWD 964.0m | −TWD 8.11bn | TWD 402.0m | TWD 10.69bn | TWD 5.68bn |
| Total assets | TWD 391.03bn | TWD 372.74bn | TWD 354.82bn | TWD 337.94bn | TWD 328.22bn | TWD 326.79bn | TWD 327.38bn | TWD 311.00bn |
| Cash and short-term investments | TWD 55.72bn | TWD 57.25bn | TWD 59.73bn | TWD 49.90bn | TWD 51.24bn | TWD 62.97bn | TWD 68.34bn | TWD 52.94bn |
| Debt | TWD 33.70bn | TWD 97.64bn | TWD 97.71bn | TWD 84.94bn | TWD 80.61bn | TWD 79.65bn | TWD 80.71bn | TWD 79.12bn |
| Shareholders' equity | TWD 100.04bn | TWD 103.03bn | TWD 97.58bn | TWD 94.30bn | TWD 92.57bn | TWD 90.02bn | TWD 86.00bn | TWD 82.26bn |
Financial ratios
Data as of 7 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2014 | FY2013 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 17.8% | 16.8% | 12.9% | 7.5% | 16.8% | 8.9% | — | — |
| Operating margin | 10.0% | 10.5% | 6.2% | 3.5% | 9.7% | 2.1% | — | — |
| Net margin | 7.0% | 7.1% | 3.7% | 1.5% | 6.8% | -0.2% | — | — |
| Return on equity | 15.1% | 16.7% | 9.1% | 3.2% | 12.7% | -0.5% | — | — |
| Return on assets | 4.1% | 4.4% | 2.3% | 0.8% | 3.2% | -0.1% | — | — |
| Free cash flow yield | 78.6% | 62.5% | 68.7% | 60.0% | 55.2% | 20.1% | — | — |
| Revenue growth | 2.6% | 10.3% | 22.6% | 8.6% | 20.5% | -31.6% | — | — |
| Earnings growth | 2.2% | 110.9% | 203.7% | -76.1% | -3452.2% | -58.5% | — | — |
| Current ratio | 0.91x | 1.09x | 0.77x | 0.98x | 1.61x | 0.99x | — | — |
| Debt to equity | 0.96x | 0.94x | 0.73x | 1.09x | 1.63x | 2.35x | — | — |
| Equity ratio | 27.5% | 26.3% | 25.6% | 23.8% | 25.1% | 20.3% | — | — |
| Interest coverage | 6.86x | 7.75x | 4.41x | 2.05x | 5.62x | 0.79x | — | — |
| R&D as a share of sales | — | — | — | — | — | — | 0.1% | 0.1% |
| Buybacks as a share of market value | -3.7% | -2.3% | -0.6% | -5.1% | -5.0% | 3.9% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 11.5% | 12.7% | 3.7% |
| Operating income | 58.8% | 54.0% | 9.9% |
| Net income | 87.1% | — | 9.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 17.3% | 14.2% | 14.0% | 13.1% |
| Operating margin | 9.5% | 7.3% | 7.0% | 5.6% |
| Net margin | 7.0% | 5.1% | 4.7% | 3.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 8.8 | 11.0 | 19.2 | 50.9 | 16.8 | -234.5 | -76.1 | 33.2 | 28.8 | 92.8 |
| Price to sales | 0.6 | 0.8 | 0.7 | 0.8 | 1.1 | 0.6 | 0.3 | 0.3 | 0.4 | 0.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 13 Jul 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2019 | FY2018 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.814 | 0.796 | 0.69 | 0.46 | 0.831 | 0.21 | 0.218 | 0.459 |
- 100-to-69.3349 reverse split · 27 Aug 2009
- 1.03-for-1 split · 21 Aug 2007
- 1.049-for-1 split · 17 Aug 2006
- 1.1-for-1 split · 10 Aug 2005
- 21-for-20 split · 22 Jul 2004
- 11-for-10 split · 22 Jul 2003
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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