116.50
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 39.45bn
FY2016FY2025
Net income
TWD 5.23bn
FY2016FY2025
Free cash flow
TWD 3.94bn
FY2016FY2025
Shareholders' equity
TWD 26.10bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 39.45bn | TWD 35.67bn | TWD 34.79bn | TWD 32.48bn | TWD 30.08bn | TWD 27.84bn | TWD 26.95bn | TWD 24.69bn | TWD 22.20bn | TWD 20.41bn |
| Gross profit | TWD 12.55bn | TWD 11.33bn | TWD 9.74bn | TWD 8.26bn | TWD 7.57bn | TWD 7.78bn | TWD 7.64bn | TWD 6.95bn | TWD 6.26bn | TWD 5.64bn |
| Research and development | TWD 2.02bn | TWD 1.87bn | TWD 1.67bn | TWD 1.49bn | TWD 1.48bn | TWD 1.29bn | TWD 1.29bn | TWD 1.19bn | TWD 895.6m | TWD 772.6m |
| Operating income | TWD 6.20bn | TWD 5.20bn | TWD 3.97bn | TWD 3.20bn | TWD 5.49bn | TWD 3.29bn | TWD 2.99bn | TWD 2.68bn | TWD 2.54bn | TWD 2.22bn |
| Net income | TWD 5.23bn | TWD 4.45bn | TWD 3.74bn | TWD 2.57bn | TWD 4.27bn | TWD 2.58bn | TWD 2.13bn | TWD 2.21bn | TWD 1.91bn | TWD 2.08bn |
| Diluted earnings per share | 8.06 | 7.10 | 5.98 | 4.23 | 7.17 | 4.40 | 3.68 | 3.82 | 3.37 | 3.68 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 50.15bn | TWD 46.52bn | TWD 41.59bn | TWD 37.66bn | TWD 35.84bn | TWD 33.85bn | TWD 30.61bn | TWD 28.16bn | TWD 25.78bn | TWD 25.72bn |
| Cash and short-term investments | TWD 15.17bn | TWD 14.43bn | TWD 12.42bn | TWD 8.64bn | TWD 5.81bn | TWD 6.32bn | TWD 6.52bn | TWD 6.17bn | TWD 5.43bn | TWD 6.52bn |
| Total liabilities | TWD 20.84bn | TWD 19.47bn | TWD 17.95bn | TWD 15.97bn | TWD 15.88bn | TWD 15.86bn | TWD 13.93bn | TWD 11.84bn | TWD 10.76bn | TWD 10.62bn |
| Debt | TWD 4.06bn | TWD 3.69bn | TWD 2.93bn | TWD 2.90bn | TWD 2.61bn | TWD 3.13bn | TWD 3.16bn | TWD 2.24bn | TWD 2.29bn | TWD 2.51bn |
| Shareholders' equity | TWD 26.10bn | TWD 24.51bn | TWD 21.43bn | TWD 19.80bn | TWD 18.22bn | TWD 16.25bn | TWD 14.98bn | TWD 14.75bn | TWD 13.58bn | TWD 13.73bn |
| Shares outstanding | 649m | 626m | 626m | 607m | 596m | 585m | 579m | 580m | 567m | 565m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 5.78bn | TWD 5.84bn | TWD 6.01bn | TWD 5.11bn | TWD 1.11bn | TWD 4.19bn | TWD 3.48bn | TWD 3.78bn | TWD 1.67bn | TWD 2.43bn |
| Capital spending | −TWD 1.84bn | −TWD 2.12bn | −TWD 795.3m | −TWD 908.7m | −TWD 1.34bn | −TWD 1.93bn | −TWD 1.53bn | −TWD 1.50bn | −TWD 802.7m | −TWD 1.90bn |
| Free cash flow | TWD 3.94bn | TWD 3.72bn | TWD 5.22bn | TWD 4.20bn | −TWD 226.4m | TWD 2.26bn | TWD 1.95bn | TWD 2.28bn | TWD 868.2m | TWD 531.5m |
| Dividends paid | −TWD 3.71bn | −TWD 3.06bn | −TWD 2.29bn | −TWD 2.15bn | −TWD 2.12bn | −TWD 1.63bn | −TWD 1.74bn | −TWD 1.45bn | −TWD 1.70bn | −TWD 1.12bn |
Financial ratios
Data as of 10 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 31.8% | 31.8% | 28.0% | 25.4% | 25.2% | 27.9% |
| Operating margin | 15.7% | 14.6% | 11.4% | 9.9% | 18.3% | 11.8% |
| Net margin | 13.3% | 12.5% | 10.8% | 7.9% | 14.2% | 9.3% |
| Return on equity | 20.0% | 18.1% | 17.5% | 13.0% | 23.5% | 15.9% |
| Return on assets | 10.4% | 9.6% | 9.0% | 6.8% | 11.9% | 7.6% |
| Free cash flow yield | 10.2% | 11.1% | 9.5% | 8.6% | 3.6% | 9.1% |
| Revenue growth | 10.6% | 2.5% | 7.1% | 8.0% | 8.1% | 3.3% |
| Earnings growth | 17.5% | 18.8% | 46.0% | -40.0% | 65.8% | 21.0% |
| Current ratio | 2.08x | 2.09x | 1.96x | 1.90x | 1.87x | 1.69x |
| Debt to equity | 0.13x | 0.13x | 0.13x | 0.11x | 0.11x | 0.15x |
| Equity ratio | 52.0% | 52.7% | 51.5% | 52.6% | 50.8% | 48.0% |
| Interest coverage | 63.20x | 58.02x | 49.25x | 68.28x | 127.18x | 69.65x |
| R&D as a share of sales | 5.1% | 5.3% | 4.8% | 4.6% | 4.9% | 4.6% |
| Buybacks as a share of market value | -3.6% | -0.1% | -3.1% | -1.8% | -1.9% | -1.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 6.7% | 7.2% | 8.0% |
| Operating income | 24.7% | 13.5% | 15.7% |
| Net income | 26.8% | 15.2% | 15.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 31.8% | 29.4% | 28.6% | 28.2% |
| Operating margin | 15.2% | 13.0% | 13.7% | 12.5% |
| Net margin | 12.9% | 11.2% | 11.4% | 10.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 14.5 | 14.9 | 18.6 | 10.4 | 7.8 | 11.1 | 12.7 | 10.5 | 13.1 | 10.3 |
| Price to sales | 1.9 | 1.9 | 2.0 | 0.8 | 1.1 | 1.0 | 1.0 | 0.9 | 1.1 | 1.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 23 years. Last went ex-dividend on 25 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 6.789 | 5.986 | 4.994 | 3.784 | 3.59 | 3.587 | 2.796 | 2.998 |
- 1.042-for-1 split · 26 Jun 2006
- 1.028-for-1 split · 6 Jul 2005
- 11-for-10 split · 2 Jul 2003
- 11-for-10 split · 27 Jun 2002
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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