R 
11.55
+10.00%
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 26.8m
FY2016FY2025
Net income
−TWD 60.6m
FY2016FY2025
Free cash flow
−TWD 68.9m
FY2016FY2025
Shareholders' equity
TWD 222.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 26.8m | TWD 41.4m | TWD 279.3m | TWD 439.6m | TWD 400.7m | TWD 550.2m | TWD 712.6m | TWD 495.6m | TWD 451.2m | TWD 544.9m |
| Research and development | — | — | TWD 489,000 | TWD 647,000 | TWD 2.2m | TWD 298,000 | — | — | — | — |
| Operating income | −TWD 66.9m | −TWD 95.8m | −TWD 117.7m | −TWD 38.5m | −TWD 84.4m | −TWD 34.9m | −TWD 45.5m | −TWD 51.3m | −TWD 45.1m | −TWD 27.4m |
| Net income | −TWD 60.6m | −TWD 124.8m | −TWD 108.8m | −TWD 34.9m | −TWD 68.9m | −TWD 28.1m | −TWD 54.1m | −TWD 43.8m | −TWD 38.4m | TWD 13.3m |
| Diluted earnings per share | -1.73 | -4.05 | -4.41 | -1.42 | -2.79 | -1.16 | -2.23 | -2.06 | -1.96 | 0.68 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 372.8m | TWD 457.9m | TWD 485.7m | TWD 845.8m | TWD 677.3m | TWD 522.6m | TWD 571.7m | TWD 447.8m | TWD 301.4m | TWD 379.2m |
| Cash and short-term investments | — | — | — | — | — | TWD 151.6m | TWD 141.7m | TWD 181.6m | TWD 20.2m | TWD 70.2m |
| Total liabilities | TWD 136.9m | TWD 223.4m | TWD 242.9m | TWD 477.3m | TWD 279.5m | TWD 343.1m | TWD 362.7m | TWD 182.8m | TWD 117.2m | TWD 156.9m |
| Debt | — | — | — | — | TWD 1.7m | TWD 48.4m | TWD 60.3m | TWD 43.1m | TWD 20.1m | TWD 31.7m |
| Shareholders' equity | TWD 222.4m | TWD 221.2m | TWD 213.4m | TWD 317.1m | TWD 331.3m | TWD 179.5m | TWD 209.0m | TWD 264.9m | TWD 184.2m | TWD 222.4m |
| Shares outstanding | 35m | 31m | 25m | 25m | 25m | 24m | 24m | 21m | 20m | 20m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 68.2m | −TWD 38.1m | TWD 56.4m | −TWD 7.5m | TWD 5.3m | −TWD 6.3m | TWD 30.5m | TWD 1.9m | −TWD 26.6m | TWD 5.0m |
| Capital spending | −TWD 701,000 | −TWD 11.2m | −TWD 8.4m | −TWD 97.8m | −TWD 188.8m | −TWD 115.9m | −TWD 12.3m | −TWD 4.2m | −TWD 13.6m | −TWD 34.9m |
| Free cash flow | −TWD 68.9m | −TWD 49.3m | TWD 48.0m | −TWD 105.3m | −TWD 183.5m | −TWD 122.2m | TWD 18.2m | −TWD 2.2m | −TWD 40.2m | −TWD 29.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 7.4m | TWD 5.4m | TWD 10.2m | TWD 6.8m | TWD 3.3m | TWD 6.5m | TWD 9.7m | TWD 10.1m |
| Operating income | −TWD 6.3m | −TWD 9.1m | −TWD 7.9m | −TWD 11.0m | −TWD 16.7m | −TWD 27.8m | −TWD 51.0m | −TWD 23.3m |
| Net income | −TWD 6.0m | −TWD 8.8m | −TWD 6.9m | −TWD 10.4m | −TWD 20.4m | −TWD 22.8m | −TWD 44.6m | −TWD 22.7m |
| Diluted earnings per share | -0.16 | -0.23 | -0.20 | -0.30 | -0.58 | -0.74 | -1.45 | -0.74 |
| Cash from operations | TWD 1.0m | TWD 10.0m | −TWD 21.0m | −TWD 21.0m | −TWD 22.0m | −TWD 3.0m | −TWD 10.0m | −TWD 9.0m |
| Capital spending | −TWD 1.0m | — | — | — | — | — | — | −TWD 7.0m |
| Free cash flow | TWD 0 | — | — | — | — | — | — | −TWD 16.0m |
| Total assets | TWD 395.1m | TWD 405.6m | TWD 372.8m | TWD 369.7m | TWD 377.4m | TWD 406.8m | TWD 457.9m | TWD 501.6m |
| Shareholders' equity | TWD 237.7m | TWD 245.2m | TWD 222.4m | TWD 223.1m | TWD 229.1m | TWD 199.4m | TWD 221.2m | TWD 253.3m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -60.7% | -45.4% | -25.1% |
| Operating income | 20.2% | 13.9% | 18.2% |
| Net income | 20.1% | 16.6% | 10.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -238.8% | -40.5% | -25.2% | -14.0% |
| Net margin | -272.1% | -41.8% | -24.5% | -12.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -9.2 | -3.7 | -5.0 | -40.9 | -27.8 | -33.3 | -19.0 | -14.2 | -16.6 | 42.5 |
| Price to sales | 20.7 | 11.1 | 1.9 | 3.3 | 4.8 | 1.7 | 1.4 | 1.3 | 1.4 | 1.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1000-to-690.4149 reverse split · 23 Aug 2024
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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