O
26.00
+0.39%
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 475.4m
FY2016FY2025
Net income
−TWD 250.4m
FY2016FY2025
Free cash flow
−TWD 64.6m
FY2016FY2025
Shareholders' equity
TWD 1.75bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 475.4m | TWD 642.3m | TWD 721.0m | TWD 953.0m | TWD 1.73bn | TWD 1.83bn | TWD 1.37bn | TWD 1.30bn | TWD 1.34bn | TWD 1.36bn |
| Gross profit | −TWD 52.2m | TWD 24.5m | −TWD 17.8m | −TWD 29.2m | TWD 148.8m | TWD 323.3m | TWD 234.2m | TWD 69.6m | TWD 203.7m | TWD 214.5m |
| Research and development | TWD 18.0m | TWD 24.5m | TWD 35.6m | TWD 36.1m | TWD 35.7m | TWD 28.0m | TWD 33.0m | TWD 35.5m | TWD 25.6m | TWD 28.9m |
| Operating income | −TWD 280.2m | −TWD 269.2m | −TWD 292.6m | −TWD 276.5m | −TWD 58.4m | TWD 120.5m | TWD 822,000 | −TWD 87.2m | TWD 75.3m | TWD 91.6m |
| Net income | −TWD 250.4m | −TWD 280.9m | −TWD 298.6m | −TWD 304.7m | −TWD 32.2m | TWD 131.0m | −TWD 19.3m | −TWD 88.7m | TWD 65.9m | TWD 36.0m |
| Diluted earnings per share | -4.71 | -5.28 | -5.64 | -57,491.70 | -0.57 | 2.23 | -0.36 | -1.67 | 1.24 | 0.73 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 2.00bn | TWD 899.3m | TWD 1.12bn | TWD 1.14bn | TWD 1.99bn | TWD 2.38bn | TWD 1.25bn | TWD 1.26bn | TWD 1.35bn | TWD 1.38bn |
| Cash and short-term investments | — | — | — | — | — | — | — | — | — | TWD 251.8m |
| Total liabilities | TWD 244.8m | TWD 533.0m | TWD 456.5m | TWD 184.1m | TWD 623.2m | TWD 778.0m | TWD 514.3m | TWD 503.2m | TWD 414.0m | TWD 454.7m |
| Debt | — | — | — | — | — | — | — | — | — | TWD 218.9m |
| Shareholders' equity | TWD 1.75bn | TWD 366.3m | TWD 659.5m | TWD 955.3m | TWD 1.37bn | TWD 1.60bn | TWD 737.9m | TWD 752.1m | TWD 933.0m | TWD 922.5m |
| Shares outstanding | 53m | 53m | 53m | 0m | 56m | 59m | 53m | 53m | 53m | 50m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 62.8m | −TWD 91.0m | −TWD 308.7m | TWD 162.9m | TWD 316.4m | TWD 27.6m | TWD 42.5m | TWD 18.9m | TWD 40.0m | TWD 25.2m |
| Capital spending | −TWD 1.8m | −TWD 3.2m | −TWD 18.4m | −TWD 346.7m | −TWD 86.1m | −TWD 35.2m | −TWD 19.8m | −TWD 41.9m | −TWD 45.2m | −TWD 52.5m |
| Free cash flow | −TWD 64.6m | −TWD 94.2m | −TWD 327.1m | −TWD 183.8m | TWD 230.3m | −TWD 7.6m | TWD 22.7m | −TWD 23.0m | −TWD 5.2m | −TWD 27.3m |
| Dividends paid | — | — | — | — | −TWD 117.2m | −TWD 117.2m | −TWD 117.2m | −TWD 62.8m | −TWD 48.3m | −TWD 48.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 150.7m | TWD 99.2m | TWD 120.0m | TWD 84.2m | TWD 114.7m | TWD 156.5m | TWD 163.7m | TWD 174.2m |
| Gross profit | −TWD 13.8m | −TWD 18.4m | −TWD 19.6m | −TWD 24.7m | −TWD 3.7m | TWD 7.8m | TWD 3.8m | TWD 23.6m |
| Operating income | −TWD 47.0m | −TWD 63.7m | −TWD 121.9m | −TWD 58.1m | −TWD 60.7m | −TWD 45.0m | −TWD 82.4m | −TWD 37.4m |
| Net income | −TWD 38.0m | −TWD 53.9m | −TWD 111.8m | −TWD 30.0m | −TWD 65.5m | −TWD 43.0m | −TWD 85.2m | −TWD 40.8m |
| Diluted earnings per share | -0.71 | -1.01 | -2.10 | -0.56 | -1.23 | -0.81 | -1.60 | -0.77 |
| Cash from operations | −TWD 65.0m | −TWD 35.0m | −TWD 24.0m | TWD 2.0m | −TWD 11.0m | −TWD 28.0m | −TWD 6.0m | −TWD 30.0m |
| Capital spending | −TWD 12.0m | — | −TWD 1.0m | — | — | — | −TWD 1.0m | — |
| Free cash flow | −TWD 77.0m | — | −TWD 25.0m | — | — | — | −TWD 7.0m | — |
| Total assets | TWD 2.13bn | TWD 2.28bn | TWD 2.00bn | TWD 1.28bn | TWD 845.8m | TWD 883.5m | TWD 899.3m | TWD 1.00bn |
| Shareholders' equity | TWD 1.68bn | TWD 1.72bn | TWD 1.75bn | TWD 891.3m | TWD 519.6m | TWD 356.6m | TWD 366.3m | TWD 472.9m |
Financial ratios
Data as of 21 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | -11.0% | 3.8% | -2.5% | -3.1% | 8.6% | 17.6% |
| Operating margin | -50.1% | -41.8% | -40.4% | -29.0% | -3.4% | 6.6% |
| Net margin | -52.7% | -43.7% | -41.4% | -32.0% | -1.9% | 7.1% |
| Return on equity | -14.3% | -76.7% | -45.3% | -31.9% | -2.4% | 8.2% |
| Return on assets | -12.5% | -31.2% | -26.8% | -26.7% | -1.6% | 5.5% |
| Free cash flow yield | — | -6.0% | -19.9% | 349656.3% | 26.1% | 3.9% |
| Revenue growth | -26.0% | -10.9% | -24.3% | -44.8% | -5.8% | 34.1% |
| Earnings growth | -10.9% | -5.9% | -2.0% | 847.2% | -124.6% | -779.3% |
| Current ratio | 6.69x | 0.92x | 1.39x | 3.27x | 2.71x | 2.78x |
| Equity ratio | 87.7% | 40.7% | 59.1% | 83.8% | 68.7% | 67.3% |
| Interest coverage | -26.40x | -23.33x | -44.21x | -56.31x | -14.16x | 23.86x |
| R&D as a share of sales | 3.8% | 3.8% | 4.9% | 3.8% | 2.1% | 1.5% |
| Buybacks as a share of market value | — | -0.4% | -999334.0% | 100.0% | 4.2% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -20.7% | -23.7% | -8.6% |
| Operating income | 0.5% | — | — |
| Net income | -6.3% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -2.5% | -2.7% | 6.3% | 9.8% |
| Operating margin | -49.2% | -40.1% | -16.6% | -7.4% |
| Net margin | -47.5% | -40.6% | -16.3% | -7.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2021 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|
| Price to earnings | -7.0 | -5.8 | -4.6 | -603984.5 | -500265.0 | -91417.1 |
| Price to sales | 3.7 | 2.5 | 1.9 | — | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1000-to-0.1 reverse split · 5 May 2022
- 1060-for-1000 split · 27 Aug 2014
- 1-to-0.402546 reverse split · 23 Jan 2013
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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