I 
10.90
-1.80%
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 28.5m
FY2016FY2025
Net income
−TWD 56.9m
FY2016FY2025
Free cash flow
−TWD 50.9m
FY2016FY2025
Shareholders' equity
TWD 235.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 28.5m | TWD 23.9m | TWD 19.2m | TWD 4.2m | TWD 11.5m | TWD 117.6m | TWD 181.9m | TWD 742.5m | TWD 503.3m | TWD 241.6m |
| Research and development | TWD 31.8m | TWD 9.1m | TWD 7.1m | TWD 1.3m | TWD 611,000 | TWD 16.8m | TWD 58.5m | TWD 81.0m | TWD 85.9m | TWD 94.7m |
| Operating income | −TWD 68.0m | −TWD 42.8m | −TWD 11.5m | TWD 5.7m | TWD 3.3m | −TWD 28.8m | −TWD 49.9m | −TWD 89.8m | −TWD 55.5m | −TWD 176.3m |
| Net income | −TWD 56.9m | −TWD 28.5m | −TWD 16.2m | TWD 5.7m | TWD 3.1m | −TWD 27.8m | −TWD 30.9m | −TWD 100.7m | −TWD 56.7m | −TWD 158.0m |
| Diluted earnings per share | -2.41 | -1.21 | -0.69 | 0.24 | 0.13 | -1.18 | -1.31 | -4.42 | -2.56 | -7.14 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 432.4m | TWD 424.4m | TWD 430.1m | TWD 447.2m | TWD 403.3m | TWD 245.9m | TWD 453.3m | TWD 537.1m | TWD 500.3m | TWD 428.5m |
| Cash and short-term investments | — | — | TWD 39.8m | TWD 43.8m | TWD 43.8m | TWD 64.3m | TWD 58.3m | TWD 156.3m | TWD 123.3m | TWD 176.1m |
| Total liabilities | TWD 196.9m | TWD 132.1m | TWD 109.5m | TWD 110.4m | TWD 72.3m | TWD 73.7m | TWD 6.0m | TWD 299.5m | TWD 225.2m | TWD 94.4m |
| Debt | TWD 146.0m | — | TWD 78.8m | TWD 88.0m | TWD 45.5m | TWD 47.7m | — | TWD 169.9m | TWD 109.9m | — |
| Shareholders' equity | TWD 235.5m | TWD 292.3m | TWD 320.6m | TWD 336.9m | TWD 331.0m | TWD 172.2m | TWD 206.4m | TWD 237.6m | TWD 275.1m | TWD 334.1m |
| Shares outstanding | 24m | 24m | 24m | 23m | 24m | 24m | 24m | 23m | 22m | 22m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 50.7m | −TWD 30.1m | −TWD 21.8m | −TWD 17.9m | −TWD 18.7m | TWD 19.7m | TWD 82.4m | −TWD 43.8m | −TWD 131.7m | −TWD 185.1m |
| Capital spending | −TWD 203,000 | −TWD 367,000 | −TWD 832,000 | −TWD 793,000 | −TWD 155,000 | −TWD 1.3m | −TWD 38.3m | −TWD 38.4m | −TWD 14.9m | −TWD 8.8m |
| Free cash flow | −TWD 50.9m | −TWD 30.4m | −TWD 22.7m | −TWD 18.7m | −TWD 18.9m | TWD 18.4m | TWD 44.2m | −TWD 82.2m | −TWD 146.6m | −TWD 193.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 95,000 | TWD 153,000 | TWD 2.2m | TWD 7.4m | TWD 7.6m | TWD 11.3m | TWD 5.9m | TWD 6.1m |
| Operating income | −TWD 18.7m | −TWD 18.1m | −TWD 7.7m | −TWD 17.5m | −TWD 19.8m | −TWD 14.4m | −TWD 3.4m | −TWD 7.5m |
| Net income | −TWD 16.9m | −TWD 15.9m | −TWD 10.5m | −TWD 14.9m | −TWD 18.6m | −TWD 12.7m | −TWD 3.5m | −TWD 7.9m |
| Diluted earnings per share | -0.72 | -0.67 | -0.45 | -0.63 | -0.79 | -0.54 | -0.15 | -0.34 |
| Cash from operations | −TWD 19.0m | −TWD 11.0m | −TWD 5.0m | −TWD 17.0m | −TWD 15.0m | −TWD 12.0m | −TWD 7.0m | −TWD 11.0m |
| Total assets | TWD 470.0m | TWD 440.9m | TWD 432.4m | TWD 424.4m | TWD 425.7m | TWD 449.3m | TWD 424.4m | TWD 418.8m |
| Debt | TWD 213.3m | TWD 167.6m | TWD 146.0m | TWD 136.2m | TWD 121.0m | TWD 107.0m | — | TWD 68.6m |
| Shareholders' equity | TWD 202.2m | TWD 219.8m | TWD 235.5m | TWD 245.8m | TWD 260.4m | TWD 279.6m | TWD 292.3m | TWD 295.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 89.9% | -24.7% | -16.9% |
| Operating income | — | 18.7% | -6.1% |
| Net income | — | 15.4% | -8.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -211.6% | -154.0% | -69.4% | -31.2% |
| Net margin | -163.0% | -126.6% | -58.9% | -29.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -8.0 | -17.4 | -32.1 | 84.4 | 213.0 | -27.0 | -20.7 | -7.4 | -24.2 | -5.9 |
| Price to sales | 15.9 | 20.8 | 27.1 | 115.8 | 57.1 | 6.4 | 3.5 | 1.0 | 2.7 | 3.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1000-to-629.917 reverse split · 26 Sept 2019
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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