10.35
0.00%
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 472.7m
FY2016FY2025
Net income
−TWD 116.2m
FY2016FY2025
Free cash flow
−TWD 90.9m
FY2016FY2025
Shareholders' equity
TWD 12.42bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 472.7m | TWD 433.1m | TWD 379.5m | TWD 377.0m | TWD 369.2m | TWD 311.8m | TWD 299.0m | TWD 254.2m | TWD 2.25bn | TWD 610.8m |
| Research and development | TWD 2.7m | TWD 3.1m | TWD 5.6m | TWD 6.0m | TWD 6.6m | TWD 6.7m | TWD 7.2m | TWD 7.6m | TWD 10.3m | TWD 19.5m |
| Operating income | −TWD 19.4m | −TWD 60.5m | −TWD 169.2m | −TWD 21.1m | −TWD 50.7m | TWD 46.3m | TWD 4.5m | TWD 1.2m | TWD 430.7m | TWD 353.2m |
| Net income | −TWD 116.2m | −TWD 175.1m | −TWD 287.5m | −TWD 1.64bn | −TWD 1.12bn | −TWD 17.4m | −TWD 146.0m | −TWD 42.0m | TWD 622.1m | TWD 310.2m |
| Diluted earnings per share | -0.15 | -0.22 | -0.36 | -2.07 | -1.59 | -0.02 | -0.18 | -0.05 | 0.81 | 0.41 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 21.33bn | TWD 21.38bn | TWD 21.58bn | TWD 21.85bn | TWD 24.25bn | TWD 25.10bn | TWD 24.60bn | TWD 24.36bn | TWD 23.62bn | TWD 24.37bn |
| Cash and short-term investments | TWD 73.3m | TWD 54.8m | TWD 151.3m | TWD 239.4m | TWD 215.2m | TWD 176.1m | TWD 125.3m | TWD 186.3m | TWD 197.9m | TWD 90.5m |
| Total liabilities | TWD 8.92bn | TWD 8.85bn | TWD 8.87bn | TWD 8.86bn | TWD 9.57bn | TWD 9.31bn | TWD 8.83bn | TWD 8.20bn | TWD 7.33bn | TWD 8.31bn |
| Debt | TWD 5.21bn | TWD 5.10bn | TWD 5.19bn | TWD 5.55bn | TWD 6.25bn | TWD 5.92bn | TWD 5.40bn | TWD 4.64bn | TWD 2.93bn | TWD 3.01bn |
| Shareholders' equity | TWD 12.42bn | TWD 12.53bn | TWD 12.71bn | TWD 12.99bn | TWD 14.68bn | TWD 15.79bn | TWD 15.76bn | TWD 16.15bn | TWD 16.29bn | TWD 16.06bn |
| Shares outstanding | 790m | 790m | 790m | 790m | 704m | 719m | 810m | 771m | 770m | 755m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 87.1m | TWD 138.8m | −TWD 43.9m | −TWD 81.6m | −TWD 141.1m | −TWD 145.6m | −TWD 339.4m | −TWD 132.6m | TWD 1.72bn | −TWD 134.9m |
| Capital spending | −TWD 3.8m | −TWD 49.1m | −TWD 25.5m | −TWD 191.1m | −TWD 305.2m | −TWD 504.5m | −TWD 515.7m | −TWD 841.3m | −TWD 522.9m | −TWD 959.2m |
| Free cash flow | −TWD 90.9m | TWD 89.7m | −TWD 69.4m | −TWD 272.7m | −TWD 446.2m | −TWD 650.1m | −TWD 855.1m | −TWD 973.9m | TWD 1.19bn | −TWD 1.09bn |
| Dividends paid | — | — | — | — | — | — | −TWD 237.0m | −TWD 384.9m | −TWD 385.0m | −TWD 385.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 98.8m | TWD 121.9m | TWD 107.7m | TWD 112.4m | TWD 121.0m | TWD 131.6m | TWD 124.1m | TWD 116.6m |
| Operating income | −TWD 15.1m | −TWD 1.9m | −TWD 7.5m | −TWD 8.0m | −TWD 7.1m | TWD 3.3m | −TWD 8.3m | −TWD 6.5m |
| Net income | −TWD 46.6m | −TWD 33.1m | −TWD 31.3m | −TWD 24.9m | −TWD 32.0m | −TWD 28.0m | −TWD 40.0m | −TWD 38.9m |
| Diluted earnings per share | -0.06 | -0.04 | -0.04 | -0.03 | -0.04 | -0.04 | -0.05 | -0.05 |
| Cash from operations | −TWD 29.0m | −TWD 34.0m | −TWD 45.0m | TWD 53.0m | TWD 5.0m | −TWD 4.0m | TWD 27.0m | TWD 128.0m |
| Capital spending | — | — | −TWD 2.0m | — | — | — | −TWD 8.0m | −TWD 3.0m |
| Free cash flow | — | — | −TWD 47.0m | — | — | — | TWD 19.0m | TWD 125.0m |
| Total assets | TWD 21.28bn | TWD 21.32bn | TWD 21.33bn | TWD 21.33bn | TWD 21.31bn | TWD 21.35bn | TWD 21.38bn | TWD 21.43bn |
| Cash and short-term investments | TWD 67.5m | TWD 68.9m | TWD 73.3m | TWD 74.6m | TWD 52.5m | TWD 57.2m | TWD 54.8m | TWD 74.0m |
| Debt | TWD 1.57bn | TWD 5.25bn | TWD 5.21bn | TWD 5.17bn | TWD 5.17bn | TWD 5.15bn | TWD 5.10bn | TWD 5.10bn |
| Shareholders' equity | TWD 12.34bn | TWD 12.39bn | TWD 12.42bn | TWD 12.45bn | TWD 12.47bn | TWD 12.51bn | TWD 12.53bn | TWD 12.57bn |
Financial ratios
Data as of 5 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -4.1% | -14.0% | -44.6% | -5.6% | -13.7% | 14.8% |
| Net margin | -24.6% | -40.4% | -75.7% | -433.7% | -304.0% | -5.6% |
| Return on equity | -0.9% | -1.4% | -2.3% | -12.6% | -7.6% | -0.1% |
| Return on assets | -0.5% | -0.8% | -1.3% | -7.5% | -4.6% | -0.1% |
| Free cash flow yield | -1.0% | 2.2% | -0.2% | 1.3% | 2.1% | 4.6% |
| Revenue growth | 9.1% | 14.1% | 0.7% | 2.1% | 18.4% | 4.3% |
| Earnings growth | -33.7% | -39.1% | -82.4% | 45.7% | 6368.5% | -88.1% |
| Current ratio | 2.04x | 1.66x | 2.54x | 1.28x | 3.30x | 1.18x |
| Debt to equity | 0.42x | 0.41x | 0.41x | 0.43x | 0.43x | 0.38x |
| Equity ratio | 58.2% | 58.6% | 58.9% | 59.4% | 60.5% | 62.9% |
| Interest coverage | -0.15x | -0.47x | -1.37x | -0.19x | -0.61x | 0.58x |
| R&D as a share of sales | 0.6% | 0.7% | 1.5% | 1.6% | 1.8% | 2.1% |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | -12.2% | 2.1% | 11.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 7.8% | 8.7% | -6.6% |
| Operating income | -2.7% | — | — |
| Net income | -58.6% | 46.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -8.8% | -16.3% | -11.7% | 8.8% |
| Net margin | -32.2% | -133.2% | -143.1% | -27.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -90.4 | -90.7 | -59.8 | -10.3 | -12.7 | -741.7 | -91.3 | -283.6 | 19.1 | 34.1 |
| Price to sales | 22.2 | 36.7 | 45.3 | 44.5 | 38.7 | 41.3 | 44.6 | 46.8 | 5.3 | 17.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 23 Aug 2019.
| FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2012 | FY2011 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.30 | 0.487 | 0.50 | 0.50 | 0.607 | 0.50 | 0.25 | 0.191 |
- 100-to-66.5 reverse split · 15 Sept 2009
- 100-to-71.98 reverse split · 20 Oct 2005
- 100-to-77.25 reverse split · 21 Aug 2003
- 6-for-5 split · 24 Jun 1999
- 7-for-5 split · 26 May 1998
- 17-for-10 split · 8 Jul 1997
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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