S 
8.82
+5.38%
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 19.4m
FY2016FY2025
Net income
−TWD 19.0m
FY2016FY2025
Free cash flow
−TWD 9.7m
FY2016FY2025
Shareholders' equity
TWD 1.25bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 19.4m | TWD 13.9m | TWD 12.3m | TWD 11.2m | TWD 31.4m | TWD 28.0m | TWD 56.8m | TWD 81.8m | TWD 109.5m | TWD 187.1m |
| Gross profit | TWD 6.2m | TWD 4.9m | TWD 5.0m | TWD 2.2m | TWD 13.2m | TWD 6.5m | TWD 18.2m | TWD 26.2m | TWD 33.0m | TWD 70.6m |
| Research and development | TWD 21.8m | TWD 30.4m | TWD 39.4m | TWD 39.4m | TWD 39.1m | TWD 45.4m | TWD 54.1m | TWD 57.7m | TWD 63.1m | TWD 60.4m |
| Operating income | −TWD 56.9m | −TWD 65.7m | −TWD 72.6m | −TWD 77.9m | −TWD 66.8m | −TWD 80.7m | −TWD 83.8m | −TWD 79.3m | −TWD 83.7m | −TWD 53.4m |
| Net income | −TWD 19.0m | −TWD 43.8m | −TWD 54.2m | −TWD 51.2m | −TWD 43.8m | −TWD 59.7m | −TWD 62.5m | −TWD 48.6m | −TWD 18.3m | −TWD 27.5m |
| Diluted earnings per share | -0.12 | -0.27 | -0.34 | -0.32 | -0.27 | -0.37 | -0.39 | -0.30 | -0.11 | -0.17 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 1.80bn | TWD 1.80bn | TWD 1.81bn | TWD 1.79bn | TWD 1.80bn | TWD 1.82bn | TWD 1.85bn | TWD 1.86bn | TWD 1.94bn | TWD 2.12bn |
| Cash and short-term investments | — | — | TWD 90.0m | TWD 65.2m | TWD 63.2m | TWD 62.8m | TWD 69.6m | TWD 65.3m | TWD 67.3m | TWD 88.7m |
| Total liabilities | TWD 548.8m | TWD 520.7m | TWD 491.6m | TWD 414.9m | TWD 383.8m | TWD 353.7m | TWD 321.9m | TWD 268.1m | TWD 300.1m | TWD 457.4m |
| Debt | TWD 323.3m | TWD 372.9m | TWD 435.1m | TWD 352.8m | TWD 315.3m | TWD 284.1m | TWD 244.6m | TWD 192.6m | TWD 226.4m | TWD 356.7m |
| Shareholders' equity | TWD 1.25bn | TWD 1.27bn | TWD 1.31bn | TWD 1.37bn | TWD 1.41bn | TWD 1.46bn | TWD 1.52bn | TWD 1.58bn | TWD 1.63bn | TWD 1.64bn |
| Shares outstanding | 160m | 160m | 160m | 160m | 160m | 160m | 160m | 160m | 160m | 160m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 1.1m | −TWD 17.3m | −TWD 38.0m | −TWD 35.8m | −TWD 30.8m | −TWD 46.3m | −TWD 44.4m | −TWD 28.2m | −TWD 58.8m | −TWD 14.3m |
| Capital spending | −TWD 8.6m | −TWD 19.1m | −TWD 14.9m | — | −TWD 232,000 | −TWD 180,000 | −TWD 3.4m | −TWD 2.0m | −TWD 4.6m | −TWD 5.8m |
| Free cash flow | −TWD 9.7m | −TWD 36.4m | −TWD 52.9m | −TWD 35.8m | −TWD 31.1m | −TWD 46.5m | −TWD 47.8m | −TWD 30.1m | −TWD 63.4m | −TWD 20.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 6.7m | TWD 6.8m | TWD 5.7m | TWD 6.0m | TWD 4.9m | TWD 2.8m | TWD 2.7m | TWD 3.7m |
| Gross profit | TWD 2.4m | TWD 1.8m | TWD 1.6m | TWD 2.4m | TWD 2.1m | TWD 99,000 | TWD 466,000 | TWD 1.7m |
| Operating income | −TWD 4.5m | −TWD 3.7m | TWD 15.3m | −TWD 1.6m | −TWD 11.4m | −TWD 20.3m | −TWD 17.6m | −TWD 16.2m |
| Net income | −TWD 6.7m | −TWD 5.9m | TWD 13.0m | −TWD 4.0m | −TWD 13.3m | −TWD 14.8m | −TWD 12.5m | −TWD 11.1m |
| Diluted earnings per share | -0.04 | -0.04 | 0.08 | -0.02 | -0.08 | -0.09 | -0.08 | -0.07 |
| Cash from operations | −TWD 6.0m | TWD 4.0m | TWD 19.0m | TWD 1.0m | −TWD 11.0m | −TWD 10.0m | −TWD 1.0m | −TWD 4.0m |
| Capital spending | — | — | −TWD 3.0m | — | — | −TWD 4.0m | −TWD 13.0m | −TWD 1.0m |
| Free cash flow | — | — | TWD 16.0m | — | — | −TWD 14.0m | −TWD 14.0m | −TWD 5.0m |
| Total assets | TWD 1.74bn | TWD 1.78bn | TWD 1.80bn | TWD 1.81bn | TWD 1.79bn | TWD 1.80bn | TWD 1.80bn | TWD 1.78bn |
| Debt | TWD 237.4m | TWD 278.7m | TWD 323.3m | TWD 365.4m | TWD 351.2m | TWD 343.7m | TWD 372.9m | TWD 341.8m |
| Shareholders' equity | TWD 1.24bn | TWD 1.25bn | TWD 1.25bn | TWD 1.24bn | TWD 1.24bn | TWD 1.26bn | TWD 1.27bn | TWD 1.28bn |
Financial ratios
Data as of 30 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 32.0% | 35.4% | 40.7% | 19.7% | 42.0% | 23.2% |
| Operating margin | -47.8% | -249.6% | -591.9% | -693.5% | -213.0% | -288.0% |
| Net margin | -97.9% | -315.1% | -442.0% | -455.6% | -139.8% | -213.0% |
| Return on equity | -1.5% | -3.4% | -4.1% | -3.7% | -3.1% | -4.1% |
| Return on assets | -1.1% | -2.4% | -3.0% | -2.9% | -2.4% | -3.3% |
| Free cash flow yield | — | 0.1% | -1.6% | — | -2.1% | — |
| Revenue growth | 39.7% | 13.5% | 9.1% | -64.2% | 11.9% | -50.7% |
| Earnings growth | -56.6% | -19.1% | 5.9% | 16.8% | -26.6% | -4.6% |
| Current ratio | 0.46x | 0.68x | 1.12x | 0.77x | 1.55x | 0.33x |
| Debt to equity | 0.26x | 0.29x | 0.33x | 0.26x | 0.22x | 0.19x |
| Equity ratio | 69.4% | 70.8% | 72.6% | 76.5% | 78.4% | 80.1% |
| Interest coverage | -0.85x | -3.54x | -8.84x | -13.05x | -15.34x | -21.27x |
| R&D as a share of sales | 112.2% | 218.8% | 321.7% | 350.9% | 124.7% | 162.0% |
| Buybacks as a share of market value | — | 0.0% | 0.0% | 0.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 20.0% | -7.1% | -21.3% |
| Operating income | -9.9% | -6.7% | -1.4% |
| Net income | -28.1% | -20.4% | -5.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 33.4% | 32.3% | 32.7% | 35.6% |
| Operating margin | -367.7% | -480.4% | -361.9% | -102.8% |
| Net margin | -188.6% | -296.0% | -233.9% | -60.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -76.7 | -34.4 | -34.5 | -26.0 | -47.6 | -21.1 | -15.3 | -18.0 | -54.0 | -35.1 |
| Price to sales | 75.1 | 108.5 | 152.6 | 118.4 | 66.5 | 44.9 | 16.9 | 10.7 | 9.0 | 5.2 |
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.