M 
6.93
+8.28%
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 72.1m
FY2016FY2025
Net income
−TWD 106.5m
FY2016FY2025
Free cash flow
−TWD 70.3m
FY2016FY2025
Shareholders' equity
TWD 108.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 72.1m | TWD 152.9m | TWD 173.4m | TWD 180.5m | TWD 185.3m | TWD 79.1m | TWD 141.4m | TWD 138.0m | TWD 191.8m | TWD 188.8m |
| Research and development | — | TWD 4.3m | TWD 4.3m | TWD 4.3m | TWD 4.3m | — | — | — | — | TWD 4.6m |
| Operating income | −TWD 51.2m | −TWD 46.5m | −TWD 32.0m | −TWD 6.8m | −TWD 6.4m | −TWD 6.3m | −TWD 52.1m | −TWD 64.3m | −TWD 133.1m | −TWD 158.6m |
| Net income | −TWD 106.5m | −TWD 41.6m | −TWD 40.0m | −TWD 11.8m | −TWD 8.9m | TWD 256,000 | −TWD 65.3m | −TWD 60.5m | −TWD 234.7m | −TWD 194.0m |
| Diluted earnings per share | -2.66 | -1.41 | -1.82 | -0.55 | -0.55 | 0.02 | -5.29 | -4.82 | -22.43 | -20.90 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 138.9m | TWD 277.6m | TWD 208.0m | TWD 250.1m | TWD 279.3m | TWD 299.8m | TWD 113.5m | TWD 149.5m | TWD 221.0m | TWD 394.1m |
| Cash and short-term investments | — | TWD 141.6m | TWD 61.2m | TWD 120.2m | TWD 113.5m | TWD 118.0m | TWD 34.3m | TWD 66.3m | TWD 117.3m | TWD 119.8m |
| Total liabilities | TWD 30.3m | TWD 61.6m | TWD 86.2m | TWD 89.0m | TWD 132.6m | TWD 122.5m | TWD 400,000 | TWD 51.4m | TWD 61.6m | TWD 80.5m |
| Debt | TWD 7.2m | TWD 15.2m | TWD 34.4m | TWD 4.4m | TWD 44.1m | TWD 33.2m | TWD 46.1m | TWD 9.1m | — | — |
| Shareholders' equity | TWD 108.6m | TWD 216.0m | TWD 121.8m | TWD 161.2m | TWD 62.7m | TWD 70.5m | TWD 27.0m | TWD 98.1m | TWD 159.4m | TWD 313.6m |
| Shares outstanding | 40m | 29m | 22m | 21m | 16m | 13m | 12m | 13m | 10m | 9m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 67.2m | −TWD 39.2m | −TWD 47.9m | TWD 17.9m | TWD 7.2m | TWD 3.3m | −TWD 33.5m | −TWD 39.0m | −TWD 78.6m | −TWD 125.4m |
| Capital spending | −TWD 3.1m | −TWD 138,000 | −TWD 9.6m | −TWD 1.3m | −TWD 1.2m | −TWD 241,000 | −TWD 1.8m | −TWD 7.4m | −TWD 28.6m | −TWD 48.4m |
| Free cash flow | −TWD 70.3m | −TWD 39.4m | −TWD 57.5m | TWD 16.6m | TWD 6.0m | TWD 3.0m | −TWD 35.4m | −TWD 46.3m | −TWD 107.2m | −TWD 173.9m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 37.6m | TWD 59.6m | TWD 93.3m | TWD 110.4m | TWD 63.0m | TWD 25.1m | TWD 155.4m | TWD 92.6m |
| Operating income | −TWD 24.1m | −TWD 27.9m | −TWD 18.7m | −TWD 12.3m | −TWD 19.7m | −TWD 248,500 | −TWD 6.3m | −TWD 2.9m |
| Net income | −TWD 22.6m | −TWD 26.2m | −TWD 15.4m | −TWD 10.1m | −TWD 29.9m | TWD 150,500 | −TWD 11.9m | −TWD 4.4m |
| Diluted earnings per share | -0.56 | -0.89 | -0.52 | -0.46 | -1.36 | 0.01 | -0.56 | -0.27 |
| Cash from operations | −TWD 70.0m | −TWD 26.0m | −TWD 12.0m | −TWD 1.0m | −TWD 46.0m | −TWD 18.0m | — | TWD 3.0m |
| Capital spending | — | — | — | −TWD 5.0m | — | −TWD 2.0m | — | — |
| Free cash flow | — | — | — | −TWD 6.0m | — | −TWD 20.0m | — | — |
| Total assets | TWD 263.5m | TWD 277.6m | TWD 193.2m | TWD 208.0m | TWD 184.7m | TWD 250.1m | — | TWD 279.3m |
| Cash and short-term investments | TWD 79.8m | TWD 141.6m | TWD 40.7m | TWD 61.2m | TWD 64.5m | TWD 120.2m | — | TWD 113.5m |
| Debt | TWD 43.1m | TWD 14.3m | TWD 26.6m | TWD 30.5m | TWD 2.1m | TWD 4.4m | — | TWD 38.3m |
| Shareholders' equity | TWD 191.8m | TWD 216.0m | TWD 107.5m | TWD 121.8m | TWD 131.8m | TWD 161.2m | — | TWD 62.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -26.3% | -1.8% | -11.1% |
| Operating income | 95.7% | 52.3% | -11.5% |
| Net income | 108.4% | — | -7.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -43.4% | -23.6% | -17.7% | -42.1% |
| Net margin | -65.8% | -34.5% | -24.7% | -56.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -1.3 | -3.3 | -3.1 | -10.9 | -12.5 | 307.7 | -1.6 | -1.9 | -0.8 | -2.4 |
| Price to sales | 1.9 | 0.9 | 0.7 | 0.7 | 0.6 | 1.0 | 0.8 | 0.8 | 0.9 | 2.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1000-to-200 reverse split · 28 Jul 2020
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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