G 
21.00
+5.26%
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 37.9m
FY2016FY2025
Net income
−TWD 235.2m
FY2016FY2025
Free cash flow
−TWD 172.9m
FY2016FY2025
Shareholders' equity
TWD 982.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 37.9m | TWD 14.7m | TWD 2.5m | TWD 30.1m | TWD 5.5m | TWD 451,000 | TWD 734,000 | TWD 926,000 | TWD 634,000 | TWD 239,000 |
| Research and development | TWD 222.4m | TWD 204.6m | TWD 210.4m | TWD 197.4m | TWD 145.0m | TWD 157.0m | TWD 218.9m | TWD 269.6m | TWD 111.7m | TWD 62.7m |
| Operating income | −TWD 249.8m | −TWD 246.1m | −TWD 158.0m | −TWD 215.2m | −TWD 172.5m | −TWD 158.9m | −TWD 269.9m | −TWD 321.6m | −TWD 160.8m | −TWD 104.2m |
| Net income | −TWD 235.2m | −TWD 229.7m | −TWD 178.4m | −TWD 219.8m | −TWD 172.5m | −TWD 162.7m | −TWD 247.2m | −TWD 316.9m | −TWD 144.6m | −TWD 97.4m |
| Diluted earnings per share | -2.16 | -2.11 | -1.64 | -2.05 | -1.78 | -1.68 | -2.27 | -2.92 | -1.33 | -1.28 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 1.55bn | TWD 1.32bn | TWD 1.55bn | TWD 1.72bn | TWD 1.40bn | TWD 1.57bn | TWD 1.33bn | TWD 1.56bn | TWD 1.87bn | TWD 2.04bn |
| Cash and short-term investments | — | — | TWD 699.8m | TWD 678.8m | TWD 331.6m | TWD 479.0m | — | — | — | TWD 916.7m |
| Total liabilities | TWD 571.9m | TWD 270.0m | TWD 276.4m | TWD 271.3m | TWD 36.1m | TWD 34.5m | TWD 31.4m | TWD 29.4m | TWD 25.2m | TWD 50.1m |
| Debt | TWD 473.6m | — | TWD 900,000 | TWD 224.6m | TWD 900,000 | TWD 900,000 | — | — | — | — |
| Shareholders' equity | TWD 982.3m | TWD 1.05bn | TWD 1.28bn | TWD 1.45bn | TWD 1.36bn | TWD 1.54bn | TWD 1.30bn | TWD 1.53bn | TWD 1.84bn | TWD 1.99bn |
| Shares outstanding | 109m | 109m | 109m | 107m | 97m | 97m | 109m | 109m | 109m | 76m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 166.3m | −TWD 222.0m | −TWD 183.9m | −TWD 167.5m | −TWD 140.9m | −TWD 145.6m | −TWD 179.6m | −TWD 180.3m | TWD 61.4m | −TWD 108.1m |
| Capital spending | −TWD 6.6m | −TWD 35.3m | −TWD 23.4m | −TWD 8.7m | −TWD 6.8m | −TWD 1.9m | −TWD 1.5m | −TWD 3.2m | −TWD 235.6m | −TWD 136.7m |
| Free cash flow | −TWD 172.9m | −TWD 257.2m | −TWD 207.3m | −TWD 176.2m | −TWD 147.7m | −TWD 147.5m | −TWD 181.1m | −TWD 183.6m | −TWD 174.2m | −TWD 244.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 1.9m | TWD 12.1m | TWD 4.4m | TWD 3.9m | TWD 16.0m | TWD 13.6m | TWD 3.2m | TWD 2.2m |
| Operating income | −TWD 57.1m | −TWD 80.3m | −TWD 90.7m | −TWD 70.2m | −TWD 49.8m | −TWD 51.9m | −TWD 64.2m | −TWD 50.0m |
| Net income | −TWD 55.0m | −TWD 75.8m | −TWD 80.5m | −TWD 59.1m | −TWD 51.2m | −TWD 44.5m | −TWD 62.8m | −TWD 44.2m |
| Diluted earnings per share | -0.51 | -0.70 | -0.74 | -0.54 | -0.47 | -0.41 | -0.58 | -0.41 |
| Cash from operations | −TWD 42.0m | −TWD 79.0m | −TWD 57.0m | −TWD 17.0m | −TWD 47.0m | −TWD 44.0m | −TWD 60.0m | −TWD 28.0m |
| Capital spending | −TWD 1.0m | −TWD 1.0m | −TWD 1.0m | — | −TWD 2.0m | −TWD 1.0m | −TWD 2.0m | −TWD 9.0m |
| Free cash flow | −TWD 43.0m | −TWD 80.0m | −TWD 58.0m | — | −TWD 49.0m | −TWD 45.0m | −TWD 62.0m | −TWD 37.0m |
| Total assets | TWD 1.39bn | TWD 1.45bn | TWD 1.55bn | TWD 1.55bn | TWD 1.28bn | TWD 1.30bn | TWD 1.32bn | TWD 1.38bn |
| Debt | TWD 478.4m | TWD 476.0m | TWD 473.6m | TWD 471.2m | — | — | — | — |
| Shareholders' equity | TWD 850.7m | TWD 905.8m | TWD 982.3m | TWD 1.01bn | TWD 997.0m | TWD 1.00bn | TWD 1.05bn | TWD 1.11bn |
Financial ratios
Data as of 26 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -599.8% | -1523.5% | -6215.8% | -715.2% | -3150.6% | -35240.8% |
| Net margin | -621.3% | -1562.5% | -7016.6% | -730.7% | -3150.6% | -36082.3% |
| Return on equity | -23.9% | -22.0% | -14.0% | -15.2% | -12.7% | -10.6% |
| Return on assets | -15.1% | -17.4% | -11.5% | -12.8% | -12.4% | -10.3% |
| Free cash flow yield | — | -8.0% | -6.9% | -6.9% | -6.4% | -6.9% |
| Revenue growth | 157.5% | 478.3% | -91.6% | 449.5% | 1114.0% | -38.6% |
| Earnings growth | 2.4% | 28.8% | -18.9% | 27.4% | 6.0% | -34.2% |
| Current ratio | 8.00x | 1.82x | 2.65x | 16.03x | 13.18x | 19.52x |
| Debt to equity | 0.48x | 0.00x | 0.00x | 0.16x | 0.00x | 0.00x |
| Equity ratio | 63.2% | 79.5% | 82.2% | 84.2% | 97.4% | 97.8% |
| Interest coverage | -32.27x | -39.24x | -27.66x | -49.37x | -947.76x | -64.22x |
| R&D as a share of sales | 587.4% | 1391.4% | 8276.2% | 656.2% | 2648.5% | 34809.5% |
| Buybacks as a share of market value | — | -0.2% | -1.3% | -10.4% | -0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 8.0% | 142.6% | 18.5% |
| Operating income | 5.1% | 9.5% | 11.1% |
| Net income | 2.3% | 7.6% | 11.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -943.5% | -1020.2% | -1317.6% | -2131.0% |
| Net margin | -884.5% | -1013.2% | -1315.2% | -2069.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -11.9 | -11.9 | -18.1 | -14.8 | -16.6 | -17.1 | -8.9 | -7.9 | -17.2 | -25.8 |
| Price to sales | 74.0 | 185.3 | — | 108.4 | — | — | — | — | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1100-for-1000 split · 12 Aug 2014
- 1113.5-for-1000 split · 5 Aug 2013
- 1.018-for-1 split · 25 Jun 2012
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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