A 
14.00
-1.75%
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 30.4m
FY2016FY2025
Net income
−TWD 55.7m
FY2016FY2025
Free cash flow
−TWD 47.8m
FY2016FY2025
Shareholders' equity
TWD 521.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 30.4m | TWD 53.1m | TWD 65.3m | TWD 61.6m | TWD 85.8m | TWD 63.9m | TWD 84.1m | TWD 72.3m | TWD 21.2m | TWD 10.1m |
| Research and development | TWD 47.1m | TWD 43.8m | TWD 44.1m | TWD 54.0m | TWD 50.9m | TWD 49.4m | TWD 58.3m | TWD 67.4m | TWD 43.5m | TWD 37.6m |
| Operating income | −TWD 88.0m | −TWD 64.7m | −TWD 43.0m | −TWD 54.3m | −TWD 26.8m | −TWD 42.8m | −TWD 56.3m | −TWD 80.1m | −TWD 64.0m | −TWD 59.5m |
| Net income | −TWD 55.7m | −TWD 50.6m | −TWD 45.3m | −TWD 53.5m | −TWD 25.5m | −TWD 35.4m | −TWD 37.7m | −TWD 44.7m | −TWD 58.6m | −TWD 54.6m |
| Diluted earnings per share | -1.01 | -0.92 | -0.84 | -0.97 | -0.46 | -0.64 | -0.71 | -0.85 | -1.11 | -1.16 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 622.7m | TWD 694.9m | TWD 512.6m | TWD 553.9m | TWD 615.8m | — | TWD 734.3m | TWD 778.5m | TWD 699.7m | TWD 756.1m |
| Cash and short-term investments | — | — | — | — | — | — | TWD 452.4m | TWD 497.1m | TWD 607.6m | TWD 272.5m |
| Total liabilities | TWD 21.9m | TWD 31.2m | TWD 34.7m | TWD 34.1m | TWD 36.7m | — | TWD 201.2m | TWD 204.9m | TWD 80.3m | TWD 78.9m |
| Debt | — | — | — | — | — | — | TWD 10.2m | — | — | — |
| Shareholders' equity | TWD 521.4m | TWD 568.7m | TWD 380.6m | TWD 424.6m | TWD 483.0m | — | TWD 533.1m | TWD 573.6m | TWD 619.5m | TWD 677.2m |
| Shares outstanding | 55m | 55m | 54m | 55m | 55m | 55m | 53m | 53m | 53m | 47m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 47.1m | −TWD 51.9m | −TWD 41.6m | −TWD 34.2m | −TWD 39.0m | −TWD 50.0m | — | −TWD 69.0m | −TWD 48.9m | TWD 23.7m |
| Capital spending | −TWD 700,000 | −TWD 3.0m | −TWD 293,000 | −TWD 614,000 | −TWD 2.3m | −TWD 320,000 | — | −TWD 62.0m | −TWD 972,000 | −TWD 4.2m |
| Free cash flow | −TWD 47.8m | −TWD 54.9m | −TWD 41.9m | −TWD 34.8m | −TWD 41.3m | −TWD 50.4m | — | −TWD 131.0m | −TWD 49.9m | TWD 19.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 6.7m | TWD 6.4m | TWD 5.1m | TWD 10.4m | TWD 8.2m | TWD 6.8m | TWD 18.1m | TWD 10.5m |
| Operating income | −TWD 22.5m | −TWD 18.3m | −TWD 26.3m | −TWD 19.5m | −TWD 20.8m | −TWD 21.3m | −TWD 10.1m | −TWD 22.1m |
| Net income | −TWD 15.1m | −TWD 13.5m | −TWD 14.1m | −TWD 10.0m | −TWD 16.1m | −TWD 15.6m | −TWD 6.8m | −TWD 17.9m |
| Diluted earnings per share | -0.27 | -0.25 | -0.26 | -0.18 | -0.29 | -0.28 | -0.12 | -0.33 |
| Cash from operations | −TWD 13.0m | −TWD 14.0m | −TWD 15.0m | −TWD 3.0m | −TWD 12.0m | −TWD 14.0m | −TWD 10.0m | −TWD 13.0m |
| Capital spending | — | — | — | — | — | — | — | −TWD 2.0m |
| Free cash flow | — | — | — | — | — | — | — | −TWD 15.0m |
| Total assets | TWD 617.4m | TWD 606.1m | TWD 622.7m | TWD 639.1m | TWD 641.3m | TWD 662.8m | TWD 694.9m | TWD 698.6m |
| Shareholders' equity | TWD 515.5m | TWD 502.5m | TWD 521.4m | TWD 525.1m | TWD 532.1m | TWD 548.1m | TWD 568.7m | TWD 575.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -21.0% | -13.8% | 71.2% |
| Operating income | 17.5% | 15.5% | 3.2% |
| Net income | 1.4% | 9.5% | -1.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -182.7% | -118.8% | -88.7% | -117.4% |
| Net margin | -127.2% | -97.5% | -73.9% | -95.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -14.5 | -24.4 | -31.6 | -16.4 | -41.7 | -30.0 | -34.0 | -32.3 | -25.2 | -26.3 |
| Price to sales | 26.6 | 23.2 | 21.9 | 14.3 | 12.4 | 16.6 | 15.3 | 20.0 | 69.6 | 141.9 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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