S 
45.50
—
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 204.2m
FY2016FY2025
Net income
−TWD 47.3m
FY2016FY2025
Free cash flow
−TWD 30.2m
FY2016FY2025
Shareholders' equity
TWD 226.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 204.2m | TWD 240.2m | TWD 254.5m | TWD 254.4m | TWD 122.4m | TWD 101.4m | TWD 181.7m | TWD 323.3m | TWD 463.7m | TWD 457.5m |
| Research and development | TWD 8.9m | TWD 10.0m | TWD 15.1m | TWD 21.4m | TWD 24.3m | TWD 36.2m | TWD 34.4m | TWD 40.2m | TWD 83.0m | TWD 137.9m |
| Operating income | −TWD 48.4m | −TWD 68.4m | TWD 107.5m | −TWD 96.9m | −TWD 93.8m | −TWD 133.1m | −TWD 150.2m | −TWD 238.3m | −TWD 411.3m | −TWD 507.0m |
| Net income | −TWD 47.3m | −TWD 41.3m | TWD 103.6m | −TWD 66.9m | −TWD 95.4m | −TWD 114.9m | −TWD 152.4m | −TWD 238.0m | −TWD 415.1m | −TWD 526.3m |
| Diluted earnings per share | -2.14 | -1.87 | 4.69 | -3.03 | -4.31 | -5.20 | -6.89 | -27.97 | -48.79 | -61.86 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 377.1m | TWD 433.8m | TWD 613.3m | TWD 531.1m | TWD 294.1m | TWD 288.1m | TWD 297.9m | TWD 504.3m | TWD 785.2m | TWD 1.26bn |
| Cash and short-term investments | — | — | TWD 199.0m | TWD 112.3m | TWD 121.9m | TWD 94.7m | TWD 48.7m | TWD 173.8m | TWD 205.0m | TWD 575.7m |
| Total liabilities | TWD 100.4m | TWD 116.2m | TWD 209.2m | TWD 315.6m | TWD 199.9m | TWD 220.3m | TWD 198.0m | TWD 263.5m | TWD 320.1m | TWD 369.0m |
| Debt | TWD 5.2m | TWD 26.5m | TWD 88.1m | TWD 183.9m | TWD 124.1m | TWD 139.8m | TWD 122.3m | TWD 127.6m | TWD 125.3m | TWD 131.4m |
| Shareholders' equity | TWD 226.5m | TWD 260.9m | TWD 300.7m | TWD 135.3m | TWD 55.0m | TWD 67.8m | TWD 100.0m | TWD 240.7m | TWD 465.1m | TWD 888.1m |
| Shares outstanding | 22m | 22m | 22m | 22m | 22m | 22m | 22m | 9m | 9m | 9m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 26.7m | −TWD 41.9m | −TWD 68.1m | −TWD 72.9m | −TWD 70.5m | −TWD 58.6m | −TWD 89.4m | −TWD 136.4m | −TWD 388.1m | −TWD 395.5m |
| Capital spending | −TWD 3.5m | −TWD 19.1m | −TWD 31.1m | −TWD 69.2m | −TWD 9.8m | −TWD 9.8m | −TWD 790,000 | −TWD 9.1m | −TWD 17.1m | −TWD 33.4m |
| Free cash flow | −TWD 30.2m | −TWD 61.0m | −TWD 99.2m | −TWD 142.1m | −TWD 80.4m | −TWD 68.4m | −TWD 90.2m | −TWD 145.5m | −TWD 405.3m | −TWD 428.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 32.7m | TWD 40.2m | TWD 55.7m | TWD 43.9m | TWD 38.2m | TWD 66.4m | −TWD 5.3m | TWD 59.8m |
| Operating income | −TWD 13.8m | −TWD 9.3m | −TWD 13.0m | −TWD 12.7m | −TWD 14.6m | −TWD 6.9m | −TWD 22.1m | −TWD 13.7m |
| Net income | −TWD 9.3m | −TWD 9.5m | −TWD 9.7m | −TWD 12.0m | −TWD 17.5m | −TWD 8.2m | TWD 3.8m | −TWD 13.8m |
| Diluted earnings per share | -0.42 | -0.43 | -0.44 | -0.54 | -0.79 | -0.37 | 0.17 | -0.62 |
| Cash from operations | −TWD 5.0m | −TWD 20.0m | −TWD 3.0m | −TWD 4.0m | TWD 4.0m | −TWD 22.0m | TWD 22.0m | −TWD 2.0m |
| Capital spending | — | −TWD 2.0m | — | −TWD 2.0m | — | — | −TWD 7.0m | −TWD 4.0m |
| Free cash flow | — | −TWD 22.0m | — | −TWD 6.0m | — | — | TWD 15.0m | −TWD 6.0m |
| Total assets | TWD 354.0m | TWD 359.9m | TWD 377.1m | TWD 368.9m | TWD 369.6m | TWD 445.7m | TWD 433.8m | TWD 541.6m |
| Debt | TWD 4.3m | TWD 4.7m | TWD 5.2m | TWD 2.7m | TWD 3.3m | TWD 24.0m | TWD 26.5m | TWD 59.7m |
| Shareholders' equity | TWD 204.0m | TWD 216.3m | TWD 226.5m | TWD 234.3m | TWD 241.3m | TWD 256.0m | TWD 260.9m | TWD 258.5m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -7.1% | 15.0% | -10.8% |
| Operating income | -20.6% | -18.3% | -22.2% |
| Net income | -10.9% | -16.3% | -22.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -26.3% | -11.1% | -28.3% | -68.8% |
| Net margin | -19.9% | -5.4% | -22.3% | -67.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -17.1 | -17.1 | 5.5 | -8.8 | -7.2 | -8.1 | -2.7 | -1.3 | -3.2 | -7.6 |
| Price to sales | 4.0 | 2.9 | 2.2 | 2.3 | 5.6 | 9.2 | 2.3 | 0.9 | 2.9 | 8.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1000-to-200 reverse split · 4 Aug 2022
- 1000-to-300 reverse split · 16 Aug 2018
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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