T 
11.60
+1.31%
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 246.8m
FY2016FY2025
Net income
−TWD 9.2m
FY2016FY2025
Free cash flow
TWD 69.9m
FY2016FY2025
Shareholders' equity
TWD 1.47bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 246.8m | TWD 155.9m | TWD 276.1m | TWD 255.5m | TWD 363.9m | TWD 317.2m | TWD 1.43bn | TWD 543.3m | TWD 471.8m | TWD 620.4m |
| Research and development | TWD 3.9m | TWD 10.6m | TWD 19.7m | TWD 15.2m | TWD 15.0m | TWD 14.6m | TWD 24.0m | TWD 24.6m | TWD 18.7m | TWD 10.9m |
| Operating income | TWD 20.1m | −TWD 71.5m | −TWD 175.6m | −TWD 67.7m | −TWD 55.2m | −TWD 45.9m | TWD 125.4m | −TWD 30.0m | −TWD 61.7m | TWD 4.7m |
| Net income | −TWD 9.2m | −TWD 82.0m | −TWD 192.0m | −TWD 85.8m | −TWD 79.3m | −TWD 41.8m | TWD 121.3m | −TWD 25.4m | −TWD 66.0m | TWD 5.0m |
| Diluted earnings per share | -0.12 | -1.05 | -2.45 | -1.44 | -1.70 | -0.89 | 1.55 | -0.32 | -0.84 | 0.11 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 1.80bn | TWD 1.70bn | TWD 1.21bn | TWD 1.23bn | TWD 1.26bn | TWD 1.11bn | TWD 1.23bn | TWD 1.94bn | TWD 1.41bn | TWD 995.3m |
| Cash and short-term investments | — | — | — | — | — | — | — | — | — | TWD 77.6m |
| Total liabilities | TWD 328.6m | TWD 431.8m | TWD 569.0m | TWD 718.8m | TWD 859.3m | TWD 643.1m | TWD 721.3m | TWD 1.56bn | TWD 998.6m | TWD 516.7m |
| Debt | — | TWD 277.9m | TWD 380.5m | TWD 338.4m | TWD 87.7m | TWD 285.3m | TWD 105.2m | TWD 678.5m | TWD 395.0m | TWD 340.0m |
| Shareholders' equity | TWD 1.47bn | TWD 1.27bn | TWD 644.5m | TWD 501.5m | TWD 399.4m | TWD 471.5m | TWD 508.1m | TWD 387.2m | TWD 412.6m | TWD 478.6m |
| Shares outstanding | 78m | 78m | 78m | 59m | 47m | 47m | 78m | 78m | 78m | 47m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 70.9m | −TWD 68.0m | TWD 7.7m | −TWD 372,000 | −TWD 199.3m | TWD 60.4m | TWD 498.5m | −TWD 366.8m | −TWD 371.5m | −TWD 104.5m |
| Capital spending | −TWD 932,000 | −TWD 4.4m | −TWD 10.2m | −TWD 10.2m | −TWD 865,000 | −TWD 4.0m | −TWD 7.8m | −TWD 10.0m | −TWD 14.3m | −TWD 6.5m |
| Free cash flow | TWD 69.9m | −TWD 72.4m | −TWD 2.5m | −TWD 10.6m | −TWD 200.2m | TWD 56.5m | TWD 490.7m | −TWD 376.9m | −TWD 385.8m | −TWD 111.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 1.1m | TWD 10.4m | TWD 11.2m | TWD 36.7m | TWD 181.1m | TWD 17.8m | TWD 4.3m | TWD 20.0m |
| Operating income | −TWD 17.6m | −TWD 25.2m | −TWD 18.5m | TWD 32.0m | TWD 44.1m | −TWD 36.1m | −TWD 73.0m | −TWD 36.8m |
| Net income | −TWD 2.8m | TWD 309.5m | −TWD 17.1m | TWD 27.4m | TWD 18.6m | −TWD 38.1m | −TWD 74.6m | −TWD 38.5m |
| Diluted earnings per share | -0.04 | 3.95 | -0.22 | 0.35 | 0.24 | -0.49 | -0.95 | -0.49 |
| Cash from operations | −TWD 513.0m | TWD 24.0m | −TWD 6.0m | −TWD 19.0m | TWD 92.0m | TWD 4.0m | −TWD 56.0m | TWD 143.0m |
| Capital spending | — | — | — | — | — | — | −TWD 1.0m | — |
| Free cash flow | — | — | — | — | — | — | −TWD 57.0m | — |
| Total assets | TWD 2.30bn | TWD 1.82bn | TWD 1.80bn | TWD 1.63bn | TWD 1.60bn | TWD 1.69bn | TWD 1.70bn | TWD 1.03bn |
| Debt | — | — | — | TWD 270.9m | TWD 272.8m | TWD 274.6m | TWD 277.9m | TWD 251.5m |
| Shareholders' equity | TWD 2.25bn | TWD 1.76bn | TWD 1.47bn | TWD 1.30bn | TWD 1.25bn | TWD 1.23bn | TWD 1.27bn | TWD 637.2m |
Financial ratios
Data as of 30 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 9.6% | -44.9% | -63.1% | -26.4% | -14.2% | -14.6% |
| Net margin | -3.7% | -52.6% | -69.5% | -33.6% | -21.8% | -13.2% |
| Return on equity | -0.6% | -6.4% | -29.8% | -17.1% | -19.9% | -8.9% |
| Return on assets | -0.5% | -4.8% | -15.8% | -7.0% | -6.3% | -3.7% |
| Free cash flow yield | — | -6.9% | 1.9% | 1.4% | -35.8% | 11.6% |
| Revenue growth | 58.3% | -43.5% | 8.1% | -29.8% | 14.7% | -77.8% |
| Earnings growth | -88.8% | -57.3% | 123.9% | 8.1% | 89.8% | -134.5% |
| Current ratio | 4.07x | 9.31x | 4.53x | 2.22x | 1.12x | 1.93x |
| Debt to equity | 0.00x | 0.22x | 0.59x | 0.67x | 0.22x | 0.61x |
| Equity ratio | 81.7% | 74.7% | 53.1% | 40.9% | 31.6% | 42.3% |
| Interest coverage | 3.19x | -7.16x | -12.11x | -5.22x | -4.92x | -4.77x |
| R&D as a share of sales | 1.6% | 6.8% | 7.1% | 5.9% | 4.1% | 4.6% |
| Buybacks as a share of market value | — | 0.0% | -31.7% | -27.2% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.1% | -4.9% | -8.6% |
| Operating income | — | — | -1.8% |
| Net income | -52.5% | -26.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -12.8% | -31.5% | -24.5% | -6.3% |
| Net margin | -22.6% | -39.5% | -30.3% | -8.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -120.0 | -18.0 | -7.9 | -15.3 | -8.2 | -15.3 | 13.0 | -41.4 | -11.0 | 89.8 |
| Price to sales | 4.5 | 9.5 | 5.5 | 5.1 | 1.8 | 2.0 | 1.1 | 1.9 | 1.5 | 0.7 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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