S 
45.25
+2.84%
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 346.1m
FY2016FY2025
Net income
−TWD 49.6m
FY2016FY2025
Free cash flow
−TWD 36.5m
FY2016FY2025
Shareholders' equity
TWD 1.04bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 346.1m | TWD 467.8m | TWD 440.5m | TWD 529.1m | TWD 587.6m | TWD 558.2m | TWD 438.7m | TWD 411.4m | TWD 462.8m | TWD 1.38bn |
| Gross profit | TWD 57.7m | TWD 81.1m | TWD 71.5m | TWD 82.6m | TWD 100.5m | TWD 109.9m | TWD 95.5m | TWD 63.1m | TWD 118.8m | TWD 575.9m |
| Research and development | TWD 21.5m | TWD 17.9m | TWD 21.8m | TWD 22.7m | TWD 31.6m | TWD 24.9m | TWD 28.6m | TWD 24.8m | TWD 27.0m | TWD 31.5m |
| Operating income | −TWD 58.5m | −TWD 61.6m | −TWD 56.7m | −TWD 76.3m | −TWD 87.1m | −TWD 73.7m | −TWD 105.1m | −TWD 114.6m | −TWD 82.3m | TWD 358.2m |
| Net income | −TWD 49.6m | −TWD 48.5m | −TWD 55.0m | −TWD 74.2m | −TWD 86.4m | −TWD 74.1m | −TWD 119.5m | −TWD 91.8m | −TWD 114.2m | TWD 268.2m |
| Diluted earnings per share | -0.73 | -1.48 | -1.70 | -2.28 | -2.66 | -2.28 | -3.65 | -2.80 | -3.48 | 10.22 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 1.07bn | TWD 519.8m | TWD 664.7m | TWD 579.1m | TWD 675.7m | TWD 740.7m | TWD 811.6m | TWD 893.7m | TWD 1.06bn | TWD 1.41bn |
| Cash and short-term investments | — | — | TWD 215.4m | TWD 269.7m | TWD 358.9m | TWD 400.4m | — | — | — | — |
| Total liabilities | TWD 26.9m | TWD 100.1m | TWD 137.8m | TWD 123.7m | TWD 144.0m | TWD 152.4m | TWD 137.1m | TWD 96.4m | TWD 97.2m | TWD 200.5m |
| Debt | — | TWD 10.8m | TWD 13.3m | TWD 11.4m | TWD 24.0m | TWD 37.6m | TWD 32.9m | — | — | TWD 95,000 |
| Shareholders' equity | TWD 1.04bn | TWD 408.3m | TWD 514.7m | TWD 441.8m | TWD 516.8m | TWD 586.2m | TWD 674.0m | TWD 797.4m | TWD 965.5m | TWD 1.21bn |
| Shares outstanding | 68m | 33m | 32m | 33m | 33m | 33m | 33m | 33m | 33m | 26m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 36.0m | −TWD 44.5m | −TWD 69.4m | −TWD 52.9m | −TWD 29.2m | −TWD 62.2m | −TWD 104.5m | −TWD 57.9m | −TWD 23.3m | TWD 360.4m |
| Capital spending | −TWD 404,000 | −TWD 3.8m | −TWD 2.0m | −TWD 1.1m | −TWD 8.4m | −TWD 11.2m | −TWD 14.7m | −TWD 101,000 | −TWD 2.9m | −TWD 19.8m |
| Free cash flow | −TWD 36.5m | −TWD 48.3m | −TWD 71.4m | −TWD 54.0m | −TWD 37.6m | −TWD 73.4m | −TWD 119.2m | −TWD 58.0m | −TWD 26.2m | TWD 340.6m |
| Dividends paid | — | — | — | — | — | — | — | −TWD 52.6m | −TWD 131.1m | −TWD 85.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 188.1m | TWD 147.1m | TWD 39.6m | TWD 92.9m | TWD 112.7m | TWD 100.9m | TWD 117.9m | TWD 114.5m |
| Gross profit | TWD 9.0m | TWD 13.5m | TWD 6.0m | TWD 13.6m | TWD 20.2m | TWD 17.9m | TWD 23.2m | TWD 18.3m |
| Operating income | −TWD 6.2m | TWD 1.5m | −TWD 13.5m | −TWD 14.5m | −TWD 14.8m | −TWD 15.7m | −TWD 8.5m | −TWD 19.0m |
| Net income | −TWD 1.6m | TWD 3.3m | −TWD 11.4m | −TWD 6.8m | −TWD 15.7m | −TWD 15.7m | −TWD 8.1m | −TWD 14.7m |
| Diluted earnings per share | -0.02 | 0.05 | -0.17 | -0.10 | -0.23 | -0.48 | -0.25 | -0.45 |
| Cash from operations | −TWD 121.0m | −TWD 67.0m | −TWD 21.0m | — | −TWD 7.0m | −TWD 7.0m | −TWD 10.0m | −TWD 13.0m |
| Capital spending | — | — | — | — | — | — | — | −TWD 2.0m |
| Free cash flow | — | — | — | — | — | — | — | −TWD 15.0m |
| Total assets | TWD 1.14bn | TWD 1.09bn | TWD 1.07bn | TWD 1.11bn | TWD 1.14bn | TWD 499.9m | TWD 519.8m | TWD 581.3m |
| Shareholders' equity | TWD 1.00bn | TWD 1.01bn | TWD 1.04bn | TWD 1.05bn | TWD 1.06bn | TWD 405.0m | TWD 408.3m | TWD 461.9m |
Financial ratios
Data as of 19 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 16.7% | 17.3% | 16.2% | 15.6% | 17.1% | 19.7% | — |
| Operating margin | -14.4% | -10.6% | -12.9% | -14.4% | -14.8% | -13.2% | — |
| Net margin | -14.3% | -10.4% | -12.5% | -14.0% | -14.7% | -13.3% | — |
| Return on equity | -4.8% | -11.9% | -10.7% | -16.8% | -16.7% | -12.6% | — |
| Return on assets | -4.6% | -9.3% | -8.3% | -12.8% | -12.8% | -10.0% | — |
| Free cash flow yield | — | -2.7% | -4.4% | -3.4% | -1.4% | -3.4% | -5.9% |
| Revenue growth | -26.0% | 6.2% | -16.7% | -10.0% | 5.3% | 27.2% | — |
| Earnings growth | 2.1% | -11.8% | -25.8% | -14.1% | 16.6% | -38.0% | — |
| Current ratio | 31.84x | 2.73x | 2.62x | 3.22x | 3.56x | 4.03x | — |
| Debt to equity | — | 0.00x | 0.01x | 0.02x | 0.02x | 0.03x | 0.00x |
| Equity ratio | 97.3% | 78.6% | 77.4% | 76.3% | 76.5% | 79.1% | — |
| Interest coverage | -732.49x | -239.00x | -691.98x | -325.92x | -224.41x | -223.24x | — |
| R&D as a share of sales | 6.2% | 3.8% | 5.0% | 4.3% | 5.4% | 4.5% | — |
| Buybacks as a share of market value | — | -1.2% | 0.6% | -0.0% | 0.0% | 0.7% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -13.2% | -9.1% | -12.0% |
| Operating income | -8.5% | -4.5% | — |
| Net income | -12.6% | -7.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 17.1% | 16.4% | 17.2% | 26.8% |
| Operating margin | -14.8% | -14.2% | -14.1% | -0.8% |
| Net margin | -12.1% | -12.7% | -13.2% | -2.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -69.9 | -21.6 | -30.7 | -17.9 | -10.4 | -15.0 | -14.2 | -16.5 | -20.6 | 12.3 |
| Price to sales | 10.0 | 2.2 | 3.8 | 2.5 | 1.5 | 2.0 | 3.9 | 3.7 | 5.1 | 2.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1048.659-for-1000 split · 17 Aug 2016
- 1-to-0.3368 reverse split · 17 Nov 2009
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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