L 
Li Cheng Enterprise Co 4426.TW · TWD
Consumer Discretionary · Taiwan Stock Exchange · 🇹🇼 Taiwan
8.69
+3.45%
Close of 9 Nov 2026, in TWD
Search any instrument
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 881.0m
FY2016FY2025
Net income
−TWD 507.5m
FY2016FY2025
Free cash flow
−TWD 413.7m
FY2016FY2025
Shareholders' equity
TWD 1.87bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 881.0m | TWD 970.0m | TWD 1.29bn | TWD 1.40bn | TWD 642.9m | TWD 1.22bn | TWD 2.30bn | TWD 2.05bn | TWD 1.90bn | TWD 2.48bn |
| Gross profit | −TWD 163.1m | −TWD 34.9m | TWD 232.2m | TWD 124.2m | −TWD 269.2m | TWD 46.8m | TWD 741.8m | TWD 584.9m | TWD 600.8m | TWD 1.18bn |
| Research and development | TWD 13.6m | TWD 15.9m | TWD 16.0m | TWD 16.6m | TWD 15.7m | TWD 20.5m | TWD 20.7m | TWD 19.9m | TWD 21.6m | TWD 47.7m |
| Operating income | −TWD 484.0m | −TWD 274.9m | −TWD 23.7m | −TWD 34.8m | −TWD 444.9m | −TWD 139.3m | TWD 484.2m | TWD 374.1m | TWD 345.6m | TWD 888.4m |
| Net income | −TWD 507.5m | −TWD 235.4m | −TWD 41.8m | −TWD 79.5m | −TWD 371.6m | −TWD 108.6m | TWD 364.0m | TWD 308.2m | TWD 206.2m | TWD 707.4m |
| Diluted earnings per share | -2.19 | -1.37 | -0.24 | -0.46 | -2.13 | -0.64 | 2.10 | 1.79 | 1.18 | 4.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 4.27bn | TWD 4.62bn | TWD 4.77bn | TWD 4.91bn | TWD 4.96bn | TWD 4.96bn | TWD 5.02bn | TWD 4.86bn | TWD 4.53bn | TWD 4.18bn |
| Cash and short-term investments | TWD 342.6m | TWD 602.5m | TWD 610.3m | TWD 403.3m | TWD 880.4m | TWD 1.02bn | TWD 828.6m | TWD 788.6m | TWD 678.1m | TWD 780.1m |
| Total liabilities | TWD 2.40bn | TWD 2.20bn | TWD 2.11bn | TWD 2.21bn | TWD 2.23bn | TWD 1.85bn | TWD 1.69bn | TWD 1.82bn | TWD 1.74bn | TWD 1.53bn |
| Debt | TWD 2.27bn | TWD 2.05bn | TWD 1.98bn | TWD 2.05bn | TWD 2.11bn | TWD 1.44bn | TWD 1.42bn | TWD 1.50bn | TWD 1.47bn | TWD 1.16bn |
| Shareholders' equity | TWD 1.87bn | TWD 2.42bn | TWD 2.66bn | TWD 2.70bn | TWD 2.73bn | TWD 3.11bn | TWD 3.33bn | TWD 3.04bn | TWD 2.79bn | TWD 2.65bn |
| Shares outstanding | 232m | 171m | 173m | 173m | 174m | 170m | 174m | 172m | 174m | 173m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 296.9m | TWD 34.1m | TWD 413.9m | TWD 104.1m | −TWD 153.3m | TWD 361.0m | TWD 784.5m | TWD 682.3m | TWD 367.7m | TWD 997.2m |
| Capital spending | −TWD 116.8m | −TWD 72.0m | −TWD 190.6m | −TWD 337.6m | −TWD 303.7m | −TWD 330.4m | −TWD 499.2m | −TWD 549.3m | −TWD 622.9m | −TWD 958.1m |
| Free cash flow | −TWD 413.7m | −TWD 37.8m | TWD 223.3m | −TWD 233.5m | −TWD 456.9m | TWD 30.6m | TWD 285.3m | TWD 133.0m | −TWD 255.2m | TWD 39.1m |
| Dividends paid | — | — | — | — | — | −TWD 77.3m | −TWD 53.5m | −TWD 56.1m | −TWD 67.8m | −TWD 54.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 219.8m | TWD 217.2m | TWD 229.4m | TWD 215.1m | TWD 205.3m | TWD 231.1m | TWD 234.6m | TWD 232.0m |
| Gross profit | −TWD 21.2m | −TWD 4.0m | −TWD 55.8m | −TWD 46.9m | −TWD 42.7m | −TWD 21.7m | −TWD 19.0m | −TWD 24.1m |
| Operating income | −TWD 70.6m | −TWD 48.3m | −TWD 114.6m | −TWD 64.6m | −TWD 99.2m | −TWD 76.3m | −TWD 86.4m | −TWD 89.0m |
| Net income | −TWD 86.4m | −TWD 48.9m | −TWD 105.9m | −TWD 72.4m | −TWD 269.8m | −TWD 59.3m | −TWD 72.4m | −TWD 106.3m |
| Diluted earnings per share | -0.50 | -0.28 | -0.46 | -0.31 | -1.16 | -0.26 | -0.42 | -0.62 |
| Cash from operations | −TWD 27.0m | −TWD 3.0m | −TWD 16.0m | −TWD 43.0m | −TWD 198.0m | −TWD 38.0m | TWD 7.0m | −TWD 40.0m |
| Capital spending | −TWD 3.0m | −TWD 13.0m | −TWD 21.0m | −TWD 79.0m | −TWD 7.0m | −TWD 6.0m | −TWD 20.0m | −TWD 13.0m |
| Free cash flow | −TWD 30.0m | −TWD 16.0m | −TWD 37.0m | −TWD 122.0m | −TWD 205.0m | −TWD 44.0m | −TWD 13.0m | −TWD 53.0m |
| Total assets | TWD 4.12bn | TWD 4.17bn | TWD 4.27bn | TWD 4.31bn | TWD 4.22bn | TWD 4.61bn | TWD 4.62bn | TWD 4.70bn |
| Cash and short-term investments | TWD 208.3m | TWD 272.9m | TWD 342.6m | TWD 329.0m | TWD 449.2m | TWD 613.0m | TWD 602.5m | TWD 660.0m |
| Debt | TWD 2.02bn | TWD 2.23bn | TWD 2.26bn | TWD 2.20bn | TWD 2.06bn | TWD 2.12bn | TWD 2.05bn | TWD 2.08bn |
| Shareholders' equity | TWD 1.74bn | TWD 1.83bn | TWD 1.87bn | TWD 1.97bn | TWD 2.03bn | TWD 2.36bn | TWD 2.42bn | TWD 2.49bn |
Financial ratios
Data as of 2 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | -18.5% | -3.6% | 18.0% | 8.9% | -41.9% | 3.8% |
| Operating margin | -52.8% | -19.4% | -0.6% | -2.2% | -69.1% | -11.2% |
| Net margin | -57.6% | -24.3% | -3.2% | -5.7% | -57.8% | -8.9% |
| Return on equity | -27.1% | -9.7% | -1.6% | -2.9% | -13.6% | -3.5% |
| Return on assets | -11.9% | -5.1% | -0.9% | -1.6% | -7.5% | -2.2% |
| Free cash flow yield | -9.4% | 7.5% | 42.4% | 31.0% | 10.5% | 49.3% |
| Revenue growth | -9.2% | -24.9% | -7.6% | 117.5% | -47.2% | -47.1% |
| Earnings growth | 115.6% | 463.1% | -47.4% | -78.6% | 242.0% | -129.8% |
| Current ratio | 0.86x | 1.40x | 1.31x | 1.25x | 1.94x | 2.66x |
| Debt to equity | 1.21x | 0.85x | 0.74x | 0.75x | 0.77x | 0.54x |
| Equity ratio | 43.9% | 52.3% | 55.7% | 55.0% | 55.0% | 62.8% |
| Interest coverage | -10.57x | -5.30x | -0.21x | -1.11x | -22.17x | -7.87x |
| R&D as a share of sales | 1.5% | 1.6% | 1.2% | 1.2% | 2.4% | 1.7% |
| Buybacks as a share of market value | -35.3% | 0.8% | 0.0% | 0.9% | -2.4% | 2.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -14.3% | -6.3% | -8.7% |
| Operating income | 140.5% | 28.3% | — |
| Net income | 85.5% | 36.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -10.7% | 3.5% | -1.0% | 23.6% |
| Operating margin | -41.0% | -18.0% | -21.9% | 8.1% |
| Net margin | -40.1% | -19.0% | -21.0% | 4.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -4.4 | -7.9 | -89.8 | -58.4 | -10.9 | -45.6 | 21.4 | 19.1 | 33.2 | 17.2 |
| Price to sales | 2.5 | 1.9 | 2.9 | 3.3 | 6.3 | 4.1 | 3.4 | 2.9 | 3.6 | 4.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 25 Aug 2020.
| FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.448 | 0.31 | 0.325 | 0.393 | 0.317 | 0.266 | 0.177 | 0.134 |
- 1.072-for-1 split · 25 Aug 2020
- 1.084-for-1 split · 5 Sept 2019
- 1.06-for-1 split · 23 Aug 2018
- 1.24-for-1 split · 23 Aug 2017
- 1.24-for-1 split · 22 Aug 2016
- 1.19-for-1 split · 20 Aug 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.