E 
11.85
0.00%
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 106.6m
FY2016FY2025
Net income
−TWD 92.9m
FY2016FY2025
Free cash flow
−TWD 82.5m
FY2016FY2025
Shareholders' equity
TWD 425.8m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 106.6m | TWD 184.3m | TWD 181.6m | TWD 151.4m | TWD 295.8m | TWD 255.8m | TWD 96.1m | TWD 46.3m | TWD 204.0m | TWD 495.0m |
| Research and development | TWD 28.1m | TWD 30.8m | TWD 33.4m | TWD 38.6m | TWD 40.3m | TWD 36.6m | TWD 27.3m | TWD 26.2m | TWD 30.0m | TWD 31.1m |
| Operating income | −TWD 43.5m | −TWD 110.7m | −TWD 141.4m | −TWD 139.0m | −TWD 104.9m | −TWD 81.9m | −TWD 115.1m | −TWD 179.7m | −TWD 172.0m | −TWD 255.4m |
| Net income | −TWD 92.9m | −TWD 142.5m | −TWD 169.3m | −TWD 124.3m | −TWD 119.9m | −TWD 86.0m | −TWD 121.7m | −TWD 184.0m | TWD 134.9m | −TWD 474.0m |
| Diluted earnings per share | -1.46 | -2.23 | -2.64 | -2.01 | -1.93 | -1.52 | -2.96 | -6.37 | 4.68 | -16.44 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 1.80bn | TWD 1.80bn | TWD 1.77bn | TWD 1.29bn | TWD 1.35bn | TWD 1.30bn | TWD 993.0m | TWD 1.08bn | TWD 1.13bn | TWD 1.96bn |
| Cash and short-term investments | — | TWD 26.0m | TWD 104.1m | TWD 81.7m | TWD 202.4m | TWD 164.6m | TWD 19.1m | TWD 146.4m | TWD 33.6m | TWD 71.5m |
| Total liabilities | TWD 1.38bn | TWD 1.27bn | TWD 1.20bn | TWD 990.8m | TWD 906.2m | TWD 778.4m | TWD 567.2m | TWD 672.4m | TWD 704.7m | TWD 1.65bn |
| Debt | TWD 899.3m | TWD 1.22bn | TWD 1.12bn | TWD 919.6m | TWD 822.9m | TWD 714.7m | TWD 428.5m | TWD 332.2m | TWD 427.9m | TWD 719.6m |
| Shareholders' equity | TWD 425.8m | TWD 518.7m | TWD 558.9m | TWD 296.1m | TWD 434.8m | TWD 519.2m | TWD 425.9m | TWD 406.2m | TWD 426.2m | TWD 302.8m |
| Shares outstanding | 64m | 64m | 64m | 62m | 62m | 56m | 41m | 29m | 29m | 29m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 63.6m | −TWD 97.4m | −TWD 57.3m | −TWD 69.8m | −TWD 22.2m | −TWD 86.0m | −TWD 66.2m | −TWD 68.4m | −TWD 46.2m | −TWD 135.8m |
| Capital spending | −TWD 18.9m | −TWD 82.6m | −TWD 144.1m | −TWD 80.3m | −TWD 48.3m | −TWD 148.6m | −TWD 37.3m | −TWD 9.5m | −TWD 9.7m | −TWD 88.8m |
| Free cash flow | −TWD 82.5m | −TWD 180.1m | −TWD 201.4m | −TWD 150.1m | −TWD 70.5m | −TWD 234.6m | −TWD 103.5m | −TWD 77.9m | −TWD 55.9m | −TWD 224.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 27.8m | TWD 13.2m | TWD 9.8m | TWD 49.0m | TWD 18.1m | TWD 29.7m | TWD 13.2m | TWD 32.0m |
| Operating income | −TWD 17.5m | −TWD 19.7m | TWD 20.2m | −TWD 29.6m | −TWD 27.7m | −TWD 18.0m | −TWD 35.4m | −TWD 29.8m |
| Net income | −TWD 27.9m | −TWD 29.0m | TWD 3.0m | −TWD 30.5m | −TWD 38.1m | −TWD 27.4m | −TWD 44.4m | −TWD 38.9m |
| Diluted earnings per share | -0.44 | -0.45 | 0.05 | -0.48 | -0.60 | -0.43 | -0.70 | -0.61 |
| Cash from operations | −TWD 19.0m | −TWD 13.0m | −TWD 50.0m | TWD 19.0m | −TWD 16.0m | −TWD 15.0m | −TWD 24.0m | −TWD 9.0m |
| Capital spending | −TWD 3.0m | −TWD 2.0m | −TWD 2.0m | −TWD 9.0m | −TWD 5.0m | −TWD 1.0m | −TWD 16.0m | −TWD 10.0m |
| Free cash flow | −TWD 22.0m | −TWD 15.0m | −TWD 52.0m | TWD 10.0m | −TWD 21.0m | −TWD 16.0m | −TWD 40.0m | −TWD 19.0m |
| Total assets | TWD 1.81bn | TWD 1.79bn | TWD 1.80bn | TWD 1.76bn | TWD 1.77bn | TWD 1.78bn | TWD 1.80bn | TWD 1.71bn |
| Cash and short-term investments | — | — | — | — | — | — | TWD 26.0m | TWD 31.3m |
| Debt | TWD 887.5m | TWD 901.8m | TWD 899.3m | TWD 914.0m | TWD 879.6m | TWD 871.2m | TWD 1.18bn | TWD 1.08bn |
| Shareholders' equity | TWD 368.9m | TWD 396.8m | TWD 425.8m | TWD 422.8m | TWD 453.3m | TWD 491.3m | TWD 518.7m | TWD 460.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -11.0% | -16.1% | -19.2% |
| Operating income | -32.1% | -11.9% | -19.0% |
| Net income | -9.2% | 1.5% | -13.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -53.0% | -69.7% | -52.9% | -58.3% |
| Net margin | -80.9% | -84.8% | -62.5% | -60.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -13.1 | -9.2 | -6.5 | -9.3 | -6.2 | -13.6 | -6.5 | -3.9 | 7.1 | -2.8 |
| Price to sales | 11.4 | 7.1 | 6.0 | 7.6 | 2.5 | 4.6 | 8.2 | 15.5 | 4.7 | 2.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1000-to-600 reverse split · 18 Nov 2021
- 1000-to-500 reverse split · 23 Aug 2018
- 112.4468-for-100 split · 12 Aug 2009
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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