M 
20.80
+9.76%
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.
Revenue
TWD 324.2m
FY2016FY2025
Net income
−TWD 71.5m
FY2016FY2025
Free cash flow
−TWD 42.4m
FY2016FY2025
Shareholders' equity
TWD 362.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 324.2m | TWD 364.7m | TWD 371.3m | TWD 510.9m | TWD 785.8m | TWD 494.7m | TWD 404.5m | TWD 401.3m | TWD 437.1m | TWD 602.1m |
| Gross profit | TWD 106.7m | TWD 119.4m | TWD 128.0m | TWD 189.2m | TWD 343.2m | TWD 125.1m | TWD 106.6m | TWD 124.5m | TWD 140.3m | TWD 213.5m |
| Research and development | TWD 87.4m | TWD 87.3m | TWD 76.7m | TWD 75.0m | TWD 89.2m | TWD 58.3m | TWD 72.7m | TWD 78.0m | TWD 79.5m | TWD 83.2m |
| Operating income | −TWD 71.2m | −TWD 54.6m | −TWD 42.1m | TWD 22.1m | TWD 134.0m | −TWD 13.2m | −TWD 46.4m | −TWD 37.2m | −TWD 24.4m | TWD 31.2m |
| Net income | −TWD 71.5m | −TWD 58.0m | −TWD 41.3m | TWD 17.4m | TWD 129.3m | −TWD 11.1m | −TWD 44.0m | −TWD 24.2m | −TWD 15.3m | TWD 26.0m |
| Diluted earnings per share | -1.78 | -1.44 | -1.04 | 0.44 | 3.38 | -0.29 | -1.09 | -0.60 | -0.38 | 0.66 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 614.9m | TWD 705.0m | TWD 724.7m | TWD 771.2m | TWD 927.7m | TWD 498.6m | TWD 494.3m | TWD 526.6m | TWD 560.4m | TWD 659.8m |
| Cash and short-term investments | — | — | — | — | — | — | — | — | — | TWD 276.4m |
| Total liabilities | TWD 252.3m | TWD 271.4m | TWD 265.8m | TWD 269.0m | TWD 370.6m | TWD 99.2m | TWD 87.0m | TWD 75.9m | TWD 77.2m | TWD 128.0m |
| Debt | — | TWD 189.1m | — | TWD 195.7m | TWD 193.2m | — | — | — | — | — |
| Shareholders' equity | TWD 362.6m | TWD 433.6m | TWD 458.9m | TWD 502.2m | TWD 557.0m | TWD 399.4m | TWD 407.3m | TWD 450.7m | TWD 483.2m | TWD 531.8m |
| Shares outstanding | 40m | 40m | 40m | 39m | 38m | 38m | 40m | 40m | 40m | 39m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 35.6m | TWD 15.2m | TWD 43.1m | −TWD 86.9m | TWD 173.0m | −TWD 25.5m | −TWD 5.5m | −TWD 33.5m | TWD 3.6m | TWD 481,000 |
| Capital spending | −TWD 6.8m | −TWD 23.0m | −TWD 5.2m | −TWD 6.0m | −TWD 2.2m | −TWD 1.1m | −TWD 524,000 | −TWD 2.2m | −TWD 746,000 | −TWD 5.1m |
| Free cash flow | −TWD 42.4m | −TWD 7.8m | TWD 38.0m | −TWD 92.8m | TWD 170.9m | −TWD 26.6m | −TWD 6.0m | −TWD 35.6m | TWD 2.9m | −TWD 4.6m |
| Dividends paid | — | — | −TWD 9.4m | −TWD 84.3m | −TWD 84.3m | −TWD 84.3m | −TWD 84.3m | −TWD 7.7m | −TWD 19.6m | −TWD 30.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 80.9m | TWD 81.5m | TWD 78.4m | TWD 79.0m | TWD 80.7m | TWD 86.1m | TWD 95.5m | TWD 95.8m |
| Gross profit | TWD 26.7m | TWD 34.6m | TWD 27.3m | TWD 25.8m | TWD 26.5m | TWD 33.7m | TWD 33.7m | TWD 36.6m |
| Operating income | −TWD 18.4m | −TWD 11.2m | −TWD 10.1m | −TWD 13.8m | −TWD 21.1m | −TWD 21.4m | −TWD 9.7m | −TWD 14.9m |
| Net income | −TWD 17.9m | −TWD 11.8m | −TWD 12.9m | −TWD 16.0m | −TWD 21.2m | −TWD 21.4m | −TWD 12.5m | −TWD 15.3m |
| Diluted earnings per share | -0.44 | -0.29 | -0.32 | -0.39 | -0.53 | -0.53 | -0.31 | -0.38 |
| Cash from operations | −TWD 8.0m | −TWD 3.0m | — | — | −TWD 22.0m | −TWD 8.0m | TWD 2.0m | TWD 3.0m |
| Capital spending | — | — | −TWD 5.0m | — | −TWD 1.0m | — | −TWD 1.0m | −TWD 4.0m |
| Free cash flow | — | — | — | — | −TWD 23.0m | — | TWD 1.0m | −TWD 1.0m |
| Total assets | TWD 411.1m | TWD 612.4m | TWD 614.9m | TWD 629.6m | TWD 643.0m | TWD 685.1m | TWD 705.0m | TWD 895.8m |
| Cash and short-term investments | — | — | — | TWD 301.3m | — | — | — | — |
| Debt | — | — | — | TWD 1.6m | — | TWD 190.3m | TWD 189.1m | TWD 188.0m |
| Shareholders' equity | TWD 323.7m | TWD 350.8m | TWD 362.6m | TWD 374.5m | TWD 389.7m | TWD 413.6m | TWD 433.6m | TWD 444.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -14.1% | -8.1% | -5.5% |
| Operating income | — | 40.0% | — |
| Net income | — | 45.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 32.8% | 34.6% | 35.5% | 34.4% |
| Operating margin | -18.3% | -9.3% | -0.9% | -1.2% |
| Net margin | -18.8% | -9.8% | -1.2% | -1.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -11.8 | -21.5 | -43.9 | 56.3 | 17.0 | -64.2 | -11.0 | -25.4 | -44.2 | 24.0 |
| Price to sales | 2.6 | 3.4 | 4.9 | 1.9 | 2.8 | 1.4 | 1.2 | 1.5 | 1.6 | 1.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 12 Jul 2023.
| FY2023 | FY2022 | |
|---|---|---|
| Paid in the year | 0.237 | 2.153 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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