N 
29.30
+6.35%
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 296.6m
FY2016FY2025
Net income
−TWD 116.7m
FY2016FY2025
Free cash flow
TWD 539.9m
FY2016FY2025
Shareholders' equity
TWD 2.55bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 296.6m | TWD 2.78bn | TWD 718.6m | TWD 494.7m | TWD 673.3m | TWD 681.3m | TWD 780.2m | TWD 1.08bn | TWD 1.33bn | TWD 1.57bn |
| Research and development | TWD 14.0m | TWD 13.8m | TWD 15.7m | TWD 17.9m | TWD 20.8m | TWD 18.7m | TWD 17.7m | TWD 18.0m | TWD 19.4m | TWD 18.9m |
| Operating income | −TWD 101.7m | TWD 820.6m | TWD 32.0m | −TWD 54.7m | −TWD 137.4m | −TWD 60.4m | −TWD 36.7m | TWD 50.3m | TWD 149.8m | TWD 233.2m |
| Net income | −TWD 116.7m | TWD 946.5m | TWD 38.9m | −TWD 54.8m | −TWD 117.9m | TWD 14.9m | TWD 3.1m | TWD 101.5m | TWD 85.0m | TWD 197.4m |
| Diluted earnings per share | -1.25 | 10.10 | 0.42 | -0.61 | -1.26 | 0.16 | 0.03 | 1.09 | 0.91 | 2.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 2.69bn | TWD 3.74bn | TWD 2.61bn | TWD 2.54bn | TWD 2.67bn | TWD 2.89bn | TWD 2.98bn | TWD 3.46bn | TWD 3.38bn | TWD 3.47bn |
| Cash and short-term investments | — | — | TWD 1.82bn | TWD 1.83bn | TWD 1.93bn | TWD 2.07bn | — | — | — | — |
| Total liabilities | TWD 146.4m | TWD 505.8m | TWD 229.8m | TWD 198.7m | TWD 291.3m | TWD 364.6m | TWD 442.1m | TWD 847.8m | TWD 828.0m | TWD 846.5m |
| Debt | — | — | — | — | TWD 100.0m | TWD 100.0m | TWD 100.0m | TWD 380.0m | TWD 380.0m | TWD 280.0m |
| Shareholders' equity | TWD 2.55bn | TWD 3.23bn | TWD 2.38bn | TWD 2.34bn | TWD 2.38bn | TWD 2.52bn | TWD 2.54bn | TWD 2.61bn | TWD 2.55bn | TWD 2.63bn |
| Shares outstanding | 93m | 94m | 94m | 90m | 93m | 93m | 93m | 93m | 93m | 94m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 554.9m | TWD 167.8m | TWD 11.6m | −TWD 46.9m | −TWD 104.3m | TWD 11.8m | TWD 97.4m | TWD 222.8m | TWD 17.7m | TWD 269.8m |
| Capital spending | −TWD 15.0m | −TWD 28.0m | −TWD 7.8m | −TWD 32.2m | −TWD 12.0m | −TWD 5.2m | −TWD 20.0m | −TWD 24.6m | −TWD 59.0m | −TWD 52.9m |
| Free cash flow | TWD 539.9m | TWD 139.8m | TWD 3.9m | −TWD 79.1m | −TWD 116.3m | TWD 6.6m | TWD 77.4m | TWD 198.2m | −TWD 41.2m | TWD 216.9m |
| Dividends paid | −TWD 560.1m | −TWD 46.7m | — | — | −TWD 28.0m | −TWD 28.0m | −TWD 65.3m | −TWD 56.0m | −TWD 112.0m | −TWD 121.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 51.8m | TWD 51.7m | TWD 55.1m | TWD 71.2m | TWD 51.5m | TWD 118.7m | TWD 571.4m | TWD 1.08bn |
| Operating income | −TWD 29.2m | −TWD 26.7m | −TWD 35.2m | −TWD 26.4m | −TWD 24.1m | −TWD 15.9m | TWD 144.7m | TWD 327.6m |
| Net income | −TWD 12.4m | TWD 4.3m | TWD 19.8m | TWD 57.5m | −TWD 197.7m | TWD 3.7m | TWD 158.4m | TWD 482.4m |
| Diluted earnings per share | -0.13 | 0.05 | 0.21 | 0.62 | -2.12 | 0.04 | 1.69 | 5.15 |
| Cash from operations | TWD 4.0m | −TWD 48.0m | −TWD 17.0m | −TWD 155.0m | TWD 142.0m | TWD 585.0m | TWD 455.0m | −TWD 131.0m |
| Capital spending | −TWD 2.0m | −TWD 1.0m | −TWD 2.0m | −TWD 6.0m | −TWD 2.0m | −TWD 2.0m | −TWD 6.0m | −TWD 5.0m |
| Free cash flow | TWD 2.0m | −TWD 49.0m | −TWD 19.0m | −TWD 161.0m | TWD 140.0m | TWD 583.0m | TWD 449.0m | −TWD 136.0m |
| Total assets | TWD 2.68bn | TWD 2.68bn | TWD 2.69bn | TWD 2.68bn | TWD 3.24bn | TWD 3.68bn | TWD 3.74bn | TWD 3.83bn |
| Shareholders' equity | TWD 2.54bn | TWD 2.55bn | TWD 2.55bn | TWD 2.52bn | TWD 2.46bn | TWD 3.23bn | TWD 3.23bn | TWD 3.07bn |
Financial ratios
Data as of 16 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | -34.3% | 29.5% | 4.5% | -11.1% | -20.4% | -8.9% | — | — |
| Net margin | -39.3% | 34.1% | 5.4% | -11.1% | -17.5% | 2.2% | — | — |
| Return on equity | -4.6% | 29.3% | 1.6% | -2.3% | -5.0% | 0.6% | — | — |
| Return on assets | -4.3% | 25.3% | 1.5% | -2.2% | -4.4% | 0.5% | — | — |
| Free cash flow yield | — | 5.8% | 0.6% | -0.5% | -2.7% | 0.5% | 3.5% | — |
| Revenue growth | -89.3% | 286.4% | 45.3% | -26.5% | -1.2% | -12.7% | — | — |
| Earnings growth | -112.3% | 2333.9% | -171.0% | -53.5% | -892.7% | 383.7% | — | — |
| Current ratio | 19.27x | 7.19x | 10.71x | 12.34x | 8.43x | 7.57x | — | — |
| Debt to equity | — | — | 0.01x | 0.01x | 0.06x | 0.06x | 0.05x | 0.16x |
| Equity ratio | 94.6% | 86.5% | 91.2% | 92.2% | 89.1% | 87.4% | — | — |
| Interest coverage | — | — | — | -204.15x | -123.88x | -50.89x | -12.16x | 9.53x |
| R&D as a share of sales | 4.7% | 0.5% | 2.2% | 3.6% | 3.1% | 2.7% | — | — |
| Buybacks as a share of market value | — | -0.1% | -3.5% | 3.1% | 0.0% | 0.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -15.7% | -15.3% | -15.5% |
| Operating income | 22.9% | 11.0% | — |
| Net income | 28.7% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 23.4% | 16.2% | 8.8% | 9.4% |
| Net margin | 27.0% | 19.0% | 12.6% | 11.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -47.2 | 11.2 | 76.7 | -26.1 | -18.5 | 131.9 | — | 17.7 | 20.8 | 10.3 |
| Price to sales | 18.6 | 3.8 | 4.2 | 2.9 | 3.2 | 2.9 | 2.3 | 1.7 | 1.3 | 1.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 21 Jul 2025.
| FY2025 | FY2024 | |
|---|---|---|
| Paid in the year | 6.00 | 0.50 |
- 1099.99-for-1000 split · 9 Aug 2011
- 106.944-for-100 split · 27 Jun 2008
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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