B 
19.40
+3.47%
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.
Net income
TWD 40.9m
FY2016FY2025
Free cash flow
TWD 6.4m
FY2016FY2025
Shareholders' equity
TWD 1.12bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Research and development | TWD 2.9m | TWD 5.3m | TWD 15.2m | TWD 6.4m | TWD 13.0m | TWD 8.5m | TWD 25.1m | TWD 45.9m | TWD 42.4m | TWD 52.5m |
| Operating income | −TWD 32.2m | −TWD 44.5m | TWD 40.5m | TWD 97.1m | −TWD 37.7m | −TWD 80.6m | −TWD 91.7m | −TWD 168.0m | −TWD 46.0m | TWD 39.4m |
| Net income | TWD 40.9m | TWD 59.7m | TWD 416.5m | TWD 53.3m | −TWD 26.6m | −TWD 87.4m | −TWD 94.0m | −TWD 154.5m | −TWD 55.8m | −TWD 19.9m |
| Diluted earnings per share | 0.68 | 0.97 | 6.94 | 0.89 | -0.38 | -1.25 | -1.37 | -2.18 | -0.79 | -0.28 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 2.17bn | TWD 2.26bn | TWD 2.06bn | TWD 1.96bn | TWD 1.42bn | TWD 1.53bn | TWD 1.68bn | TWD 1.96bn | TWD 2.28bn | TWD 2.49bn |
| Cash and short-term investments | TWD 1.28bn | TWD 1.37bn | TWD 1.21bn | TWD 909.7m | TWD 599.2m | TWD 741.1m | TWD 800.0m | TWD 878.3m | TWD 1.22bn | TWD 1.38bn |
| Total liabilities | TWD 1.05bn | TWD 1.16bn | TWD 956.6m | TWD 1.26bn | TWD 756.2m | TWD 826.2m | TWD 898.2m | TWD 1.07bn | TWD 1.26bn | TWD 1.37bn |
| Debt | TWD 965.9m | TWD 1.03bn | TWD 771.9m | TWD 671.1m | TWD 537.9m | TWD 595.3m | TWD 632.1m | TWD 703.5m | TWD 813.8m | TWD 845.6m |
| Shareholders' equity | TWD 1.12bn | TWD 1.10bn | TWD 1.10bn | TWD 698.4m | TWD 664.8m | TWD 699.0m | TWD 781.4m | TWD 886.4m | TWD 1.03bn | TWD 1.12bn |
| Shares outstanding | 60m | 61m | 60m | 60m | 70m | 70m | 68m | 71m | 70m | 71m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 34.0m | TWD 65.2m | TWD 212.8m | TWD 374.1m | −TWD 40.1m | −TWD 48.4m | TWD 31.2m | −TWD 226.8m | −TWD 97.7m | TWD 88.1m |
| Capital spending | −TWD 27.6m | −TWD 8.7m | −TWD 5.4m | −TWD 198.8m | −TWD 1.0m | −TWD 5.8m | −TWD 13.4m | −TWD 26.2m | −TWD 51.5m | −TWD 10.6m |
| Free cash flow | TWD 6.4m | TWD 56.5m | TWD 207.5m | TWD 175.3m | −TWD 41.1m | −TWD 54.3m | TWD 17.8m | −TWD 253.0m | −TWD 149.2m | TWD 77.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −TWD 11.3m | −TWD 10.5m | −TWD 10.7m | −TWD 10.1m | TWD 41,000 | −TWD 11.4m | −TWD 12.8m | TWD 21.0m |
| Net income | TWD 29.8m | TWD 854,000 | TWD 27.3m | TWD 37.1m | −TWD 58.2m | TWD 34.7m | TWD 16.3m | TWD 32.6m |
| Diluted earnings per share | 0.50 | 0.01 | 0.45 | 0.62 | -0.97 | 0.58 | 0.27 | 0.53 |
| Cash from operations | TWD 7.0m | −TWD 22.0m | TWD 24.0m | −TWD 24.0m | −TWD 73.0m | −TWD 14.0m | TWD 44.0m | −TWD 8.0m |
| Capital spending | −TWD 19.0m | −TWD 10.0m | −TWD 1.0m | −TWD 21.0m | −TWD 5.0m | — | −TWD 1.0m | — |
| Free cash flow | −TWD 12.0m | −TWD 32.0m | TWD 23.0m | −TWD 45.0m | −TWD 78.0m | — | TWD 43.0m | — |
| Total assets | TWD 2.18bn | TWD 2.15bn | TWD 2.17bn | TWD 2.15bn | TWD 2.10bn | TWD 2.26bn | TWD 2.26bn | TWD 2.20bn |
| Cash and short-term investments | TWD 1.24bn | TWD 1.25bn | TWD 1.28bn | TWD 1.25bn | TWD 1.22bn | TWD 1.36bn | TWD 1.37bn | TWD 1.24bn |
| Debt | TWD 921.8m | TWD 945.8m | TWD 965.9m | TWD 989.6m | TWD 999.0m | TWD 1.01bn | TWD 1.03bn | TWD 964.4m |
| Shareholders' equity | TWD 1.16bn | TWD 1.13bn | TWD 1.12bn | TWD 1.08bn | TWD 1.02bn | TWD 1.14bn | TWD 1.10bn | TWD 1.07bn |
Financial ratios
Data as of 3 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 940.0% | 175.0% | 94.2% | 10.9% | -3.4% | -22.6% |
| Net margin | 518.7% | 88.1% | 77.3% | 13.1% | -7.0% | -26.5% |
| Return on equity | 3.6% | 5.4% | 37.7% | 7.6% | -4.0% | -12.5% |
| Return on assets | 1.9% | 2.6% | 20.2% | 2.7% | -1.9% | -5.7% |
| Free cash flow yield | 5.2% | 6.2% | 18.6% | 48.7% | -2.8% | -3.1% |
| Revenue growth | -88.4% | -87.4% | 32.2% | 7.7% | 14.7% | -45.4% |
| Earnings growth | -31.5% | -85.7% | 681.1% | -300.8% | -69.6% | -6.9% |
| Current ratio | 1.94x | 2.60x | 2.63x | 1.43x | 2.32x | 2.31x |
| Debt to equity | 0.86x | 0.94x | 0.70x | 0.92x | 0.77x | 0.79x |
| Equity ratio | 51.6% | 48.5% | 53.6% | 35.7% | 46.8% | 45.8% |
| Interest coverage | 3.05x | 5.63x | 31.52x | 3.79x | -1.33x | -6.97x |
| R&D as a share of sales | 36.9% | 7.9% | 2.8% | 1.6% | 3.4% | 2.6% |
| Buybacks as a share of market value | 1.9% | -2.4% | 0.4% | 14.6% | -0.4% | -2.8% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -73.1% | -52.6% | -40.7% |
| Operating income | — | -16.8% | 20.0% |
| Net income | -8.5% | — | 85.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -101.3% | 6.0% | -3.3% | -5.0% |
| Net margin | 133.0% | 55.8% | 26.4% | 2.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 29.6 | 24.4 | 7.2 | 22.6 | -87.1 | -15.8 | -11.7 | -7.6 | -28.9 | -75.0 |
| Price to sales | 153.5 | 21.5 | 5.5 | 3.0 | 6.1 | 4.2 | 1.8 | 1.6 | 1.7 | 1.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 1 Apr 2024.
| FY2023 | FY2010 | FY2009 | FY2008 | FY2007 | FY2006 | FY2005 | |
|---|---|---|---|---|---|---|---|
| Paid in the year | 1.687 | 1.094 | 1.866 | 4.797 | 3.903 | 2.591 | 1.31 |
- 1000-to-855.666 reverse split · 1 Apr 2024
- 1000-to-992.032 reverse split · 11 Dec 2023
- 1000-to-715.139 reverse split · 6 Jan 2022
- 21-for-20 split · 30 Sept 2008
- 1.198-for-1 split · 17 Oct 2006
- 6-for-5 split · 26 Jul 2005
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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