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Argosy Research 3217.TWO · TWD

Information Technology · Taipei Exchange · 🇹🇼 Taiwan

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113.50

+5.09%

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.

FY2025

Revenue

TWD 4.15bn

FY2016FY2025

Net income

TWD 1.14bn

FY2016FY2025

Free cash flow

TWD 1.04bn

FY2016FY2025

Shareholders' equity

TWD 4.68bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 4.15bnTWD 3.47bnTWD 3.00bnTWD 2.61bnTWD 3.02bnTWD 2.60bnTWD 2.19bnTWD 1.78bnTWD 1.56bnTWD 1.46bn
Gross profitTWD 2.07bnTWD 1.74bnTWD 1.40bnTWD 1.02bnTWD 1.27bnTWD 1.25bnTWD 971.7mTWD 702.6mTWD 729.3mTWD 539.4m
Research and developmentTWD 250.0mTWD 226.4mTWD 194.7mTWD 184.0mTWD 176.5mTWD 155.3mTWD 142.5mTWD 132.5mTWD 118.5mTWD 134.7m
Operating incomeTWD 1.30bnTWD 1.06bnTWD 924.8mTWD 761.0mTWD 806.0mTWD 760.2mTWD 541.0mTWD 333.0mTWD 318.0mTWD 214.7m
Net incomeTWD 1.14bnTWD 1.01bnTWD 728.7mTWD 610.7mTWD 640.2mTWD 611.7mTWD 438.6mTWD 295.6mTWD 240.7mTWD 189.3m
Diluted earnings per share12.6911.258.106.847.116.795.253.542.882.26

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 6.15bnTWD 5.89bnTWD 5.32bnTWD 4.82bnTWD 4.92bnTWD 4.40bnTWD 2.87bnTWD 2.38bnTWD 2.27bnTWD 2.05bn
Cash and short-term investments——TWD 1.38bnTWD 1.31bnTWD 1.18bnTWD 1.46bn———TWD 296.4m
Total liabilitiesTWD 1.47bnTWD 1.25bnTWD 1.03bnTWD 953.0mTWD 1.02bnTWD 916.1mTWD 797.1mTWD 639.0mTWD 599.1mTWD 526.8m
Debt—TWD 15.2mTWD 16.8mTWD 49.9mTWD 9.1mTWD 12.3mTWD 72.6mTWD 106.8mTWD 130.0mTWD 70.3m
Shareholders' equityTWD 4.68bnTWD 4.65bnTWD 4.30bnTWD 3.87bnTWD 3.90bnTWD 3.48bnTWD 2.07bnTWD 1.74bnTWD 1.67bnTWD 1.53bn
Shares outstanding90m90m90m89m90m90m84m84m84m84m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 1.26bnTWD 1.01bnTWD 764.7mTWD 877.0mTWD 595.6mTWD 738.0mTWD 572.0mTWD 239.1mTWD 351.0mTWD 246.3m
Capital spending−TWD 217.6m−TWD 138.3m−TWD 220.5m−TWD 146.8m−TWD 340.5m−TWD 169.2m−TWD 86.5m−TWD 69.8m−TWD 90.2m−TWD 85.2m
Free cash flowTWD 1.04bnTWD 873.4mTWD 544.2mTWD 730.2mTWD 255.1mTWD 568.9mTWD 485.6mTWD 169.2mTWD 260.8mTWD 161.1m
Dividends paid−TWD 792.9m−TWD 576.7m−TWD 482.1m−TWD 504.6m−TWD 504.6m−TWD 353.0m−TWD 246.3m−TWD 209.4m−TWD 164.2m−TWD 82.1m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 947.3mTWD 948.1mTWD 1.04bnTWD 1.13bnTWD 1.05bnTWD 923.7mTWD 958.1mTWD 1.04bn
Gross profitTWD 450.2mTWD 463.9mTWD 519.6mTWD 578.2mTWD 507.4mTWD 464.1mTWD 484.9mTWD 544.0m
Operating incomeTWD 266.4mTWD 294.7mTWD 298.5mTWD 380.3mTWD 335.0mTWD 288.1mTWD 293.3mTWD 368.6m
Net incomeTWD 214.1mTWD 254.1mTWD 290.0mTWD 378.9mTWD 207.3mTWD 266.8mTWD 276.3mTWD 314.7m
Diluted earnings per share2.382.823.224.202.302.963.073.49
Cash from operationsTWD 110.0mTWD 313.0mTWD 515.0mTWD 239.0mTWD 85.0mTWD 421.0mTWD 433.0mTWD 170.0m
Capital spending−TWD 45.0m−TWD 64.0m−TWD 66.0m−TWD 56.0m−TWD 45.0m−TWD 48.0m−TWD 58.0m−TWD 18.0m
Free cash flowTWD 65.0mTWD 249.0mTWD 449.0mTWD 183.0mTWD 40.0mTWD 373.0mTWD 375.0mTWD 152.0m
Total assets—TWD 6.68bnTWD 6.15bnTWD 5.65bnTWD 5.87bnTWD 6.16bnTWD 5.89bnTWD 5.55bn
Shareholders' equity—TWD 5.20bnTWD 4.68bnTWD 4.47bnTWD 3.97bnTWD 4.89bnTWD 4.65bnTWD 4.50bn

Financial ratios

Data as of 1 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin49.9%50.0%46.7%39.3%42.1%48.0%
Operating margin31.4%30.6%30.8%29.2%26.7%29.3%
Net margin27.6%29.2%24.3%23.4%21.2%23.5%
Return on equity24.4%21.8%17.0%15.8%16.4%17.6%
Return on assets18.6%17.2%13.7%12.7%13.0%13.9%
Free cash flow yield—9.9%8.5%8.9%8.0%7.8%
Revenue growth19.4%15.6%15.2%-13.5%16.1%18.5%
Earnings growth12.8%39.1%19.3%-4.6%4.7%39.5%
Current ratio2.94x3.11x3.27x3.07x2.94x3.31x
Debt to equity——0.00x0.01x0.00x0.00x
Equity ratio76.1%78.8%80.7%80.2%79.2%79.1%
Interest coverage5563.50x4211.90x1370.00x2486.91x4050.02x1700.56x
R&D as a share of sales6.0%6.5%6.5%7.1%5.9%6.0%
Buybacks as a share of market value—-0.2%-0.8%0.9%0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue16.7%9.8%12.8%
Operating income19.6%11.4%34.9%
Net income23.2%13.3%28.5%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin50.0%47.1%46.4%44.5%
Operating margin31.0%30.6%29.8%26.2%
Net margin28.3%26.4%25.2%22.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings12.513.921.211.719.016.212.98.511.19.4
Price to sales3.54.15.12.74.03.82.61.41.71.2

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 13 Jul 2026.

FY2026FY2025FY2024FY2023FY2022
Paid in the year10.008.8136.405.355.60
  • 1.02503-for-1 split · 25 Jul 2012
  • 104.056-for-100 split · 15 Aug 2008

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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