15.90
-2.15%
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 3.61bn
FY2016FY2025
Net income
TWD 64.0m
FY2016FY2025
Free cash flow
−TWD 355.3m
FY2016FY2025
Shareholders' equity
TWD 1.94bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 3.61bn | TWD 3.22bn | TWD 2.98bn | TWD 3.22bn | TWD 2.88bn | TWD 2.11bn | TWD 1.58bn | TWD 1.60bn | TWD 1.50bn | TWD 1.51bn |
| Gross profit | TWD 764.5m | TWD 671.2m | TWD 650.0m | TWD 668.5m | TWD 575.0m | TWD 490.9m | TWD 385.2m | TWD 336.3m | TWD 312.1m | TWD 364.2m |
| Research and development | TWD 53.1m | TWD 72.3m | TWD 81.6m | TWD 62.3m | TWD 67.2m | TWD 59.0m | TWD 34.8m | TWD 31.6m | TWD 33.3m | TWD 39.8m |
| Operating income | — | TWD 90.1m | TWD 87.9m | TWD 210.4m | TWD 114.9m | TWD 370.6m | TWD 47.5m | TWD 68.2m | TWD 18.5m | TWD 27.9m |
| Net income | TWD 64.0m | TWD 43.7m | TWD 32.1m | TWD 138.0m | TWD 56.8m | TWD 363.2m | TWD 20.3m | TWD 63.3m | TWD 10.1m | TWD 32.4m |
| Diluted earnings per share | 1.06 | 0.72 | 0.49 | 2.29 | 1.21 | 7.76 | 0.34 | 1.05 | 0.17 | 0.90 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 7.22bn | TWD 6.76bn | TWD 6.41bn | TWD 5.31bn | TWD 4.68bn | TWD 4.24bn | TWD 1.61bn | TWD 1.68bn | TWD 1.61bn | TWD 1.45bn |
| Cash and short-term investments | — | — | TWD 1.09bn | TWD 758.3m | TWD 760.4m | TWD 731.6m | — | — | — | TWD 247.7m |
| Total liabilities | TWD 5.14bn | TWD 4.66bn | TWD 4.29bn | TWD 3.05bn | TWD 2.20bn | TWD 1.73bn | TWD 13.7m | TWD 771.6m | TWD 767.3m | TWD 734.3m |
| Debt | TWD 1.90bn | TWD 2.39bn | TWD 3.58bn | TWD 2.37bn | TWD 1.45bn | TWD 1.27bn | TWD 12.4m | TWD 155.2m | TWD 145.7m | TWD 261.2m |
| Shareholders' equity | TWD 1.94bn | TWD 1.95bn | TWD 1.96bn | TWD 2.08bn | TWD 1.28bn | TWD 1.33bn | TWD 979.1m | TWD 741.6m | TWD 680.3m | TWD 716.7m |
| Shares outstanding | 60m | 60m | 65m | 60m | 47m | 47m | 60m | 60m | 60m | 36m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 17.3m | −TWD 114.6m | TWD 300.9m | TWD 377.4m | TWD 144.5m | TWD 120.6m | TWD 22.3m | TWD 68.9m | TWD 140.6m | TWD 76.4m |
| Capital spending | −TWD 338.0m | −TWD 355.6m | −TWD 929.9m | −TWD 781.4m | −TWD 149.9m | −TWD 126.0m | −TWD 62.8m | −TWD 23.8m | −TWD 45.2m | −TWD 110.4m |
| Free cash flow | −TWD 355.3m | −TWD 470.1m | −TWD 629.1m | −TWD 404.1m | −TWD 5.4m | −TWD 5.4m | −TWD 40.5m | TWD 45.1m | TWD 95.4m | −TWD 34.0m |
| Dividends paid | −TWD 60.4m | −TWD 60.4m | −TWD 90.4m | −TWD 46.8m | −TWD 93.6m | −TWD 46.0m | −TWD 30.8m | −TWD 15.4m | −TWD 31.6m | −TWD 30.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 464.6m | TWD 647.0m | TWD 1.27bn | TWD 873.2m | TWD 685.2m | TWD 779.9m | TWD 1.01bn | TWD 841.8m |
| Gross profit | TWD 33.0m | TWD 105.0m | TWD 285.0m | TWD 199.4m | TWD 96.9m | TWD 183.1m | TWD 197.5m | TWD 142.3m |
| Operating income | −TWD 92.0m | TWD 136.4m | — | TWD 52.5m | −TWD 36.4m | TWD 33.5m | — | TWD 12.6m |
| Net income | −TWD 92.0m | TWD 8.5m | TWD 103.3m | TWD 48.6m | −TWD 106.5m | TWD 18.5m | TWD 42.6m | −TWD 7.2m |
| Diluted earnings per share | -1.53 | 0.14 | 1.71 | 0.81 | -1.77 | 0.31 | 0.71 | -0.12 |
| Cash from operations | −TWD 74.0m | TWD 395.0m | TWD 345.0m | −TWD 117.0m | −TWD 108.0m | −TWD 136.0m | TWD 198.0m | −TWD 133.0m |
| Capital spending | −TWD 33.0m | −TWD 46.0m | −TWD 52.0m | −TWD 117.0m | −TWD 87.0m | −TWD 81.0m | −TWD 107.0m | −TWD 97.0m |
| Free cash flow | −TWD 107.0m | TWD 349.0m | TWD 293.0m | −TWD 234.0m | −TWD 195.0m | −TWD 217.0m | TWD 91.0m | −TWD 230.0m |
| Total assets | TWD 6.48bn | TWD 6.72bn | TWD 7.22bn | TWD 6.98bn | TWD 6.74bn | TWD 6.73bn | TWD 6.76bn | TWD 6.77bn |
| Debt | TWD 2.00bn | TWD 1.97bn | TWD 1.90bn | TWD 2.22bn | TWD 2.31bn | TWD 2.46bn | TWD 2.39bn | TWD 2.22bn |
| Shareholders' equity | TWD 1.80bn | TWD 1.90bn | TWD 1.94bn | TWD 1.84bn | TWD 1.79bn | TWD 1.94bn | TWD 1.95bn | TWD 1.90bn |
Financial ratios
Data as of 3 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 27.5% | 20.8% | 21.8% | 20.8% | 20.0% | 23.3% |
| Operating margin | 4.3% | 3.5% | 2.9% | 6.5% | 4.0% | 17.6% |
| Net margin | 1.8% | 1.4% | 1.1% | 4.3% | 2.0% | 17.2% |
| Return on equity | 3.3% | 2.2% | 1.6% | 6.6% | 4.4% | 27.4% |
| Return on assets | 0.9% | 0.6% | 0.5% | 2.6% | 1.2% | 8.6% |
| Free cash flow yield | — | 23.7% | 111.9% | 113.7% | 37.2% | 31.2% |
| Revenue growth | 12.1% | 7.9% | -7.3% | 11.7% | 36.6% | 33.4% |
| Earnings growth | 46.6% | 36.1% | -76.8% | 143.1% | -84.4% | 1686.0% |
| Current ratio | 0.85x | 1.04x | 0.73x | 0.89x | 0.94x | 1.76x |
| Debt to equity | 0.98x | 1.23x | 1.79x | 1.13x | 1.12x | 0.94x |
| Equity ratio | 26.9% | 28.8% | 30.6% | 39.3% | 27.5% | 31.3% |
| Interest coverage | 2.23x | 2.26x | 2.64x | 9.89x | 7.53x | 31.84x |
| R&D as a share of sales | 1.5% | 2.2% | 2.7% | 1.9% | 2.3% | 2.8% |
| Buybacks as a share of market value | — | 7.3% | -7.9% | -28.8% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.9% | 11.4% | 9.3% |
| Net income | -22.6% | -29.3% | -0.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 21.0% | 21.1% | 21.2% | 21.6% |
| Net margin | 1.6% | 2.1% | 3.9% | 3.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 19.3 | 37.5 | 64.4 | 13.3 | 25.5 | 5.5 | 108.2 | 22.7 | 103.7 | 22.8 |
| Price to sales | 0.3 | 0.5 | 0.7 | 0.6 | 0.5 | 0.9 | 1.4 | 0.9 | 0.7 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 23 Jul 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Paid in the year | 1.00 | 1.00 | 1.496 | 0.765 |
- 1176.203-for-1000 split · 1 Aug 2019
- 1.08-for-1 split · 13 Aug 2013
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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