C 
26.90
+3.46%
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 501.2m
FY2016FY2025
Net income
−TWD 121.4m
FY2016FY2025
Free cash flow
−TWD 100.4m
FY2016FY2025
Shareholders' equity
TWD 1.50bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 501.2m | TWD 448.7m | TWD 417.6m | TWD 725.5m | TWD 1.50bn | TWD 822.4m | TWD 402.5m | TWD 482.5m | TWD 367.8m | TWD 399.9m |
| Research and development | TWD 191.5m | TWD 183.5m | TWD 178.6m | TWD 173.2m | TWD 180.0m | TWD 169.2m | TWD 191.8m | TWD 189.3m | TWD 154.5m | TWD 114.0m |
| Operating income | −TWD 180.5m | −TWD 110.0m | −TWD 111.3m | −TWD 105.1m | TWD 488.0m | TWD 190.9m | −TWD 107.7m | −TWD 88.8m | −TWD 69.6m | −TWD 13.7m |
| Net income | −TWD 121.4m | −TWD 21.6m | −TWD 104.3m | −TWD 126.7m | TWD 452.4m | TWD 190.4m | −TWD 47.9m | −TWD 25.7m | TWD 181.8m | TWD 66.9m |
| Diluted earnings per share | -1.84 | -0.33 | -1.39 | -1.63 | 5.85 | 2.43 | -0.73 | -0.39 | 2.76 | 0.86 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 1.58bn | TWD 1.76bn | TWD 1.73bn | TWD 1.84bn | TWD 2.15bn | TWD 1.82bn | TWD 1.60bn | TWD 1.68bn | TWD 1.70bn | TWD 1.75bn |
| Cash and short-term investments | — | — | TWD 545.8m | TWD 517.9m | TWD 544.1m | TWD 600.6m | — | — | — | TWD 818.4m |
| Total liabilities | TWD 79.2m | TWD 79.8m | TWD 112.1m | TWD 153.9m | TWD 270.8m | TWD 181.6m | TWD 4.4m | TWD 151.9m | TWD 121.4m | TWD 130.2m |
| Debt | TWD 6.0m | — | TWD 6.0m | TWD 4.1m | TWD 4.5m | TWD 5.2m | — | — | — | — |
| Shareholders' equity | TWD 1.50bn | TWD 1.64bn | TWD 1.61bn | TWD 1.68bn | TWD 1.88bn | TWD 1.64bn | TWD 1.47bn | TWD 1.52bn | TWD 1.58bn | TWD 1.62bn |
| Shares outstanding | 66m | 66m | 75m | 78m | 77m | 78m | 66m | 66m | 66m | 78m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 70.3m | −TWD 73.5m | TWD 26.4m | TWD 26.2m | TWD 201.1m | TWD 168.7m | −TWD 28.9m | −TWD 9.1m | −TWD 38.5m | TWD 45.7m |
| Capital spending | −TWD 30.1m | −TWD 11.9m | −TWD 13.6m | −TWD 5.6m | −TWD 6.7m | −TWD 3.0m | −TWD 2.2m | −TWD 1.5m | −TWD 3.0m | −TWD 1.5m |
| Free cash flow | −TWD 100.4m | −TWD 85.4m | TWD 12.7m | TWD 20.5m | TWD 194.3m | TWD 165.7m | −TWD 31.1m | −TWD 10.6m | −TWD 41.5m | TWD 44.2m |
| Dividends paid | −TWD 19.9m | −TWD 19.7m | −TWD 19.4m | −TWD 77.5m | −TWD 78.8m | −TWD 19.7m | −TWD 19.6m | −TWD 39.1m | −TWD 19.5m | −TWD 19.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 169.9m | TWD 120.3m | TWD 168.0m | TWD 130.4m | TWD 110.2m | TWD 92.6m | TWD 153.4m | TWD 111.1m |
| Operating income | −TWD 10.7m | −TWD 26.3m | −TWD 19.9m | −TWD 30.9m | −TWD 63.5m | −TWD 66.2m | −TWD 2.4m | −TWD 60.5m |
| Net income | −TWD 15.4m | −TWD 18.7m | −TWD 5.6m | −TWD 14.3m | −TWD 61.2m | −TWD 40.3m | TWD 22.8m | −TWD 44.6m |
| Diluted earnings per share | -0.23 | -0.28 | -0.09 | -0.22 | -0.93 | -0.61 | 0.35 | -0.68 |
| Cash from operations | TWD 23.0m | −TWD 28.0m | TWD 8.0m | −TWD 47.0m | TWD 8.0m | −TWD 38.0m | −TWD 35.0m | −TWD 29.0m |
| Capital spending | — | — | −TWD 1.0m | — | −TWD 4.0m | −TWD 23.0m | — | −TWD 8.0m |
| Free cash flow | — | — | TWD 7.0m | — | TWD 4.0m | −TWD 61.0m | — | −TWD 37.0m |
| Total assets | TWD 1.65bn | TWD 1.57bn | TWD 1.58bn | TWD 1.57bn | TWD 1.62bn | TWD 1.67bn | TWD 1.76bn | TWD 1.68bn |
| Debt | TWD 86.0m | TWD 6.0m | TWD 6.0m | — | — | — | — | — |
| Shareholders' equity | TWD 1.46bn | TWD 1.47bn | TWD 1.50bn | TWD 1.50bn | TWD 1.51bn | TWD 1.58bn | TWD 1.64bn | TWD 1.59bn |
Financial ratios
Data as of 24 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -25.4% | -7.0% | -26.6% | -14.5% | 32.5% | 23.2% |
| Net margin | -24.2% | -4.8% | -25.0% | -17.5% | 30.2% | 23.1% |
| Return on equity | -8.1% | -1.3% | -6.5% | -7.5% | 24.1% | 11.6% |
| Return on assets | -7.7% | -1.2% | -6.0% | -6.9% | 21.0% | 10.4% |
| Free cash flow yield | — | -2.9% | 1.6% | 1.3% | 8.3% | 6.8% |
| Revenue growth | 11.7% | 7.4% | -42.4% | -51.6% | 82.5% | 104.3% |
| Earnings growth | 461.0% | -79.3% | -17.7% | -128.0% | 137.7% | -497.1% |
| Current ratio | 6.23x | 10.41x | 7.38x | 5.86x | 4.33x | 5.13x |
| Debt to equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Equity ratio | 95.0% | 93.1% | 93.5% | 91.6% | 87.4% | 90.0% |
| Interest coverage | -585.94x | -188.45x | -935.08x | -1095.09x | 4032.95x | 3030.67x |
| R&D as a share of sales | 38.2% | 40.9% | 42.8% | 23.9% | 12.0% | 20.6% |
| Buybacks as a share of market value | — | 12.4% | 3.0% | -0.3% | 1.5% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -11.6% | -9.4% | 3.2% |
| Operating income | 19.7% | — | 31.2% |
| Net income | -1.4% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -30.6% | -24.2% | 3.9% | -1.9% |
| Net margin | -15.1% | -17.9% | 6.1% | 8.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -22.4 | -163.8 | -44.9 | -27.2 | 17.3 | 31.6 | -24.3 | -45.9 | 9.0 | 31.3 |
| Price to sales | 5.4 | 7.9 | 11.2 | 4.7 | 5.2 | 7.3 | 2.9 | 2.4 | 4.5 | 5.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 7 Jul 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Paid in the year | 0.25 | 0.25 | 0.25 | 1.00 |
- 102.5-for-100 split · 13 Aug 2009
- 105-for-100 split · 12 Aug 2008
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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