V
12.80
+1.59%
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 340.2m
FY2016FY2025
Net income
−TWD 31.1m
FY2016FY2025
Free cash flow
−TWD 39.9m
FY2016FY2025
Shareholders' equity
TWD 502.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 340.2m | TWD 352.7m | TWD 297.7m | TWD 267.4m | TWD 385.3m | TWD 351.8m | TWD 211.4m | TWD 192.5m | TWD 208.4m | TWD 158.9m |
| Gross profit | TWD 19.4m | TWD 76.2m | TWD 45.3m | TWD 12.3m | TWD 95.6m | TWD 71.9m | −TWD 12.1m | −TWD 21.2m | −TWD 5.4m | −TWD 40.3m |
| Research and development | TWD 4.5m | TWD 3.4m | TWD 2.5m | TWD 2.5m | TWD 75,000 | TWD 851,000 | TWD 1.3m | TWD 2.2m | TWD 2.4m | TWD 2.5m |
| Operating income | −TWD 38.6m | TWD 27.1m | TWD 9.3m | −TWD 17.9m | TWD 62.4m | TWD 43.7m | −TWD 43.4m | −TWD 55.8m | −TWD 42.5m | −TWD 73.1m |
| Net income | −TWD 31.1m | TWD 43.5m | TWD 8.4m | −TWD 18.1m | TWD 60.5m | TWD 42.1m | −TWD 38.0m | −TWD 54.5m | −TWD 39.2m | −TWD 58.5m |
| Diluted earnings per share | -0.38 | 0.53 | 0.11 | -0.23 | 0.74 | 0.52 | -0.47 | -0.69 | -0.49 | -0.74 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 635.4m | TWD 657.4m | TWD 607.6m | TWD 629.9m | TWD 702.5m | TWD 643.0m | TWD 551.6m | TWD 526.4m | TWD 594.5m | TWD 650.2m |
| Cash and short-term investments | — | — | TWD 170.7m | TWD 184.5m | TWD 148.0m | TWD 103.4m | TWD 84.9m | TWD 88.6m | TWD 126.4m | TWD 144.0m |
| Total liabilities | TWD 133.5m | TWD 124.4m | TWD 104.5m | TWD 117.5m | TWD 152.6m | TWD 153.6m | TWD 104.4m | TWD 41.1m | TWD 50.3m | TWD 66.7m |
| Debt | — | — | TWD 46.8m | TWD 56.8m | TWD 74.8m | TWD 69.9m | TWD 46.1m | TWD 5.3m | — | — |
| Shareholders' equity | TWD 502.0m | TWD 533.1m | TWD 503.1m | TWD 512.3m | TWD 549.8m | TWD 489.3m | TWD 447.2m | TWD 485.3m | TWD 544.2m | TWD 583.4m |
| Shares outstanding | 82m | 82m | 79m | 79m | 82m | 82m | 82m | 79m | 79m | 79m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 3.7m | TWD 126.4m | TWD 10.4m | TWD 79.9m | TWD 137.1m | TWD 62.9m | TWD 39.9m | −TWD 6.1m | TWD 46.2m | −TWD 4.2m |
| Capital spending | −TWD 36.2m | −TWD 76.8m | −TWD 19.6m | −TWD 31.3m | −TWD 61.5m | −TWD 17.8m | −TWD 11.9m | −TWD 25.9m | −TWD 73.7m | −TWD 56.1m |
| Free cash flow | −TWD 39.9m | TWD 49.6m | −TWD 9.2m | TWD 48.5m | TWD 75.7m | TWD 45.1m | TWD 28.0m | −TWD 32.0m | −TWD 27.5m | −TWD 60.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 94.7m | TWD 90.9m | TWD 93.8m | TWD 84.9m | TWD 89.7m | TWD 71.8m | TWD 83.9m | TWD 94.7m |
| Gross profit | TWD 12.6m | TWD 11.4m | TWD 9.1m | TWD 1.1m | TWD 9.3m | −TWD 133,000 | TWD 13.8m | TWD 22.1m |
| Operating income | −TWD 2.0m | −TWD 3.2m | −TWD 5.8m | −TWD 14.1m | −TWD 4.8m | −TWD 13.9m | TWD 1.0m | TWD 10.1m |
| Net income | TWD 1.4m | TWD 2.0m | TWD 15,000 | −TWD 6.8m | −TWD 14.6m | −TWD 9.7m | TWD 7.6m | TWD 10.7m |
| Diluted earnings per share | 0.02 | 0.02 | 0.00 | -0.09 | -0.18 | -0.12 | 0.09 | 0.13 |
| Cash from operations | TWD 11.0m | −TWD 6.0m | — | — | −TWD 11.0m | −TWD 16.0m | TWD 50.0m | TWD 26.0m |
| Capital spending | −TWD 7.0m | −TWD 7.0m | −TWD 2.0m | — | −TWD 5.0m | −TWD 20.0m | −TWD 19.0m | −TWD 26.0m |
| Free cash flow | TWD 4.0m | −TWD 13.0m | — | — | −TWD 16.0m | −TWD 36.0m | TWD 31.0m | TWD 0 |
| Total assets | TWD 633.1m | TWD 604.5m | TWD 635.4m | — | TWD 611.7m | TWD 625.7m | TWD 657.4m | TWD 630.1m |
| Shareholders' equity | TWD 505.4m | TWD 503.9m | TWD 502.0m | — | TWD 508.7m | TWD 523.4m | TWD 533.1m | TWD 528.5m |
Financial ratios
Data as of 5 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 5.7% | 21.6% | 15.2% | 4.6% | 24.8% | 20.4% |
| Operating margin | -9.0% | 12.6% | 3.1% | -6.3% | 16.2% | 12.4% |
| Net margin | -9.1% | 12.3% | 2.8% | -6.8% | 15.7% | 12.0% |
| Return on equity | -6.2% | 8.2% | 1.7% | -3.5% | 11.0% | 8.6% |
| Return on assets | -4.9% | 6.6% | 1.4% | -2.9% | 8.6% | 6.5% |
| Free cash flow yield | — | 19.1% | 2.9% | 10.8% | — | — |
| Revenue growth | -3.5% | 18.5% | 11.3% | -30.6% | 9.5% | 66.4% |
| Earnings growth | -171.5% | 418.7% | -146.3% | -129.9% | 43.8% | -210.6% |
| Current ratio | 3.07x | 3.72x | 4.66x | 4.04x | 2.96x | 2.04x |
| Debt to equity | — | — | 0.01x | 0.02x | 0.04x | 0.04x |
| Equity ratio | 79.0% | 81.1% | 82.8% | 81.3% | 78.3% | 76.1% |
| Interest coverage | -41.41x | 54.12x | 10.62x | -14.39x | 48.02x | 28.83x |
| R&D as a share of sales | 1.3% | 1.0% | 0.8% | 0.9% | 0.0% | 0.2% |
| Buybacks as a share of market value | — | -2.8% | 0.0% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 8.4% | -0.7% | 9.9% |
| Operating income | 29.2% | — | -7.6% |
| Net income | 19.7% | — | -8.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 13.8% | 12.2% | 16.1% | 6.5% |
| Operating margin | -1.7% | -1.6% | 4.3% | -7.4% |
| Net margin | 1.8% | 0.2% | 5.3% | -5.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -40.3 | 33.4 | 219.5 | -78.5 | 51.3 | 28.4 | -13.6 | -9.8 | -12.9 | -7.7 |
| Price to sales | 3.7 | 4.1 | 6.2 | 5.3 | 8.1 | 3.4 | 2.5 | 2.8 | 2.4 | 2.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 106.8-for-100 split · 11 Aug 2009
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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