M 
46.05
+9.90%
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 541.7m
FY2016FY2025
Net income
−TWD 7.7m
FY2016FY2025
Free cash flow
TWD 21.3m
FY2016FY2025
Shareholders' equity
TWD 511.3m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 541.7m | TWD 430.4m | TWD 442.3m | TWD 688.4m | TWD 706.9m | TWD 510.8m | TWD 428.9m | TWD 511.9m | TWD 519.2m | TWD 551.5m |
| Gross profit | TWD 103.4m | TWD 20.2m | TWD 25.0m | TWD 173.5m | TWD 186.8m | TWD 131.7m | TWD 76.8m | TWD 122.5m | TWD 66.8m | TWD 127.0m |
| Research and development | TWD 27.9m | TWD 18.5m | TWD 33.4m | TWD 20.8m | TWD 20.1m | TWD 19.2m | TWD 21.3m | TWD 20.5m | TWD 20.0m | TWD 13.8m |
| Operating income | −TWD 9.3m | −TWD 81.5m | −TWD 89.3m | — | TWD 72.8m | TWD 35.7m | −TWD 18.5m | TWD 19.4m | −TWD 36.3m | TWD 27.9m |
| Net income | −TWD 7.7m | −TWD 80.4m | −TWD 76.1m | TWD 50.0m | TWD 57.6m | TWD 29.3m | −TWD 22.1m | TWD 16.6m | −TWD 33.1m | TWD 13.8m |
| Diluted earnings per share | -0.20 | -2.11 | -2.00 | 1.32 | 1.71 | 0.87 | -0.66 | 0.49 | -0.99 | 0.41 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 1.15bn | TWD 1.15bn | TWD 1.22bn | TWD 1.35bn | TWD 1.35bn | TWD 1.21bn | TWD 1.20bn | TWD 1.25bn | TWD 1.27bn | TWD 1.34bn |
| Cash and short-term investments | — | — | — | — | — | TWD 39.1m | TWD 57.0m | TWD 77.3m | TWD 79.2m | TWD 116.6m |
| Total liabilities | TWD 635.7m | TWD 634.3m | TWD 627.5m | TWD 666.9m | TWD 799.7m | TWD 708.0m | TWD 735.5m | TWD 755.1m | TWD 797.6m | TWD 833.8m |
| Debt | TWD 457.3m | TWD 497.1m | TWD 391.6m | TWD 411.7m | TWD 439.1m | TWD 572.4m | TWD 623.5m | TWD 624.3m | TWD 646.2m | TWD 689.9m |
| Shareholders' equity | TWD 511.3m | TWD 517.6m | TWD 593.6m | TWD 680.4m | TWD 547.2m | TWD 497.1m | TWD 467.1m | TWD 496.3m | TWD 474.5m | TWD 507.4m |
| Shares outstanding | 38m | 38m | 38m | 38m | 34m | 34m | 34m | 34m | 34m | 34m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 25.6m | −TWD 318,000 | −TWD 31.5m | TWD 67.2m | TWD 106.8m | TWD 50.5m | TWD 30.3m | TWD 32.3m | TWD 43.4m | TWD 45.3m |
| Capital spending | −TWD 4.2m | −TWD 4.9m | −TWD 35.3m | −TWD 60.6m | −TWD 53.6m | −TWD 16.7m | −TWD 38.1m | −TWD 23.3m | −TWD 35.8m | −TWD 59.2m |
| Free cash flow | TWD 21.3m | −TWD 5.2m | −TWD 66.8m | TWD 6.6m | TWD 53.3m | TWD 33.9m | −TWD 7.8m | TWD 9.0m | TWD 7.6m | −TWD 13.9m |
| Dividends paid | — | — | −TWD 11.4m | −TWD 16.8m | −TWD 6.7m | — | −TWD 6.7m | — | −TWD 1.3m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 201.1m | TWD 180.6m | TWD 156.3m | TWD 128.8m | TWD 134.7m | TWD 121.9m | TWD 105.8m | TWD 120.3m |
| Gross profit | TWD 63.6m | TWD 67.5m | TWD 50.2m | TWD 16.4m | TWD 15.6m | TWD 21.2m | TWD 16.9m | TWD 8.9m |
| Operating income | TWD 30.9m | TWD 39.9m | TWD 33.1m | −TWD 20.4m | −TWD 10.2m | −TWD 3.8m | −TWD 6.5m | −TWD 13.0m |
| Net income | TWD 30.8m | TWD 37.7m | TWD 26.9m | −TWD 17.8m | −TWD 13.2m | −TWD 3.6m | −TWD 10.6m | −TWD 15.5m |
| Diluted earnings per share | 0.81 | 0.99 | 0.71 | -0.47 | -0.35 | -0.10 | -0.28 | -0.41 |
| Cash from operations | TWD 43.0m | TWD 25.0m | TWD 25.0m | −TWD 12.0m | TWD 5.0m | TWD 6.0m | −TWD 3.0m | — |
| Capital spending | −TWD 5.0m | −TWD 7.0m | — | −TWD 1.0m | −TWD 1.0m | — | — | — |
| Free cash flow | TWD 38.0m | TWD 18.0m | — | −TWD 13.0m | TWD 4.0m | — | — | — |
| Total assets | TWD 1.25bn | TWD 1.19bn | TWD 1.15bn | TWD 1.12bn | TWD 1.14bn | TWD 1.15bn | TWD 1.15bn | TWD 1.17bn |
| Debt | TWD 441.8m | TWD 452.0m | TWD 457.3m | TWD 467.2m | TWD 477.2m | TWD 487.2m | TWD 497.1m | TWD 363.2m |
| Shareholders' equity | TWD 579.9m | TWD 549.0m | TWD 511.3m | TWD 483.2m | TWD 500.8m | TWD 514.0m | TWD 517.6m | TWD 524.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -7.7% | 1.2% | 0.8% |
| Operating income | — | — | 45.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 12.7% | 15.3% | 19.3% | 19.6% |
| Operating margin | -9.3% | — | — | — |
| Net margin | -9.1% | -5.4% | -0.8% | 0.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -87.0 | -8.7 | -11.1 | 16.1 | 17.5 | 17.2 | -19.4 | 27.4 | -14.9 | 50.0 |
| Price to sales | 1.2 | 1.6 | 1.9 | 1.2 | 1.4 | 1.0 | 1.0 | 0.9 | 0.9 | 1.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 18 Aug 2023.
| FY2023 | FY2022 | |
|---|---|---|
| Paid in the year | 0.30 | 0.441 |
- 1200-for-1000 split · 29 Aug 2016
- 1200-for-1000 split · 25 Aug 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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