L 
71.50
+1.85%
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 35.8m
FY2016FY2025
Net income
−TWD 340.5m
FY2016FY2025
Free cash flow
−TWD 361.2m
FY2016FY2025
Shareholders' equity
TWD 1.51bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 35.8m | TWD 39.2m | TWD 56.9m | TWD 26.6m | TWD 17.4m | TWD 21.7m | TWD 172.0m | TWD 60.6m | TWD 35.3m | TWD 12.5m |
| Research and development | TWD 304.4m | TWD 322.9m | TWD 369.3m | TWD 280.5m | TWD 406.0m | TWD 317.0m | TWD 212.2m | TWD 126.7m | TWD 136.9m | TWD 243.9m |
| Operating income | −TWD 333.5m | −TWD 356.9m | −TWD 249.9m | −TWD 504.3m | TWD 96.2m | −TWD 322.4m | −TWD 150.0m | −TWD 138.1m | −TWD 195.5m | −TWD 267.5m |
| Net income | −TWD 340.5m | −TWD 424.8m | −TWD 238.0m | −TWD 494.7m | TWD 95.9m | −TWD 322.6m | −TWD 240.9m | −TWD 50.4m | −TWD 212.8m | −TWD 229.6m |
| Diluted earnings per share | -2.02 | -2.61 | -1.47 | -3.05 | 0.64 | -2.67 | -2.05 | -0.51 | -2.23 | -2.63 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 1.65bn | TWD 2.13bn | TWD 1.66bn | TWD 1.89bn | TWD 2.35bn | TWD 1.78bn | TWD 1.32bn | TWD 1.39bn | TWD 808.8m | TWD 918.3m |
| Cash and short-term investments | — | — | TWD 844.3m | TWD 1.18bn | TWD 1.45bn | TWD 1.27bn | TWD 625.0m | TWD 907.3m | TWD 763.1m | TWD 818.2m |
| Total liabilities | TWD 131.0m | TWD 205.5m | TWD 227.7m | TWD 215.7m | TWD 230.1m | TWD 201.6m | TWD 278.4m | TWD 121.4m | TWD 117.1m | TWD 45.9m |
| Debt | — | TWD 8.5m | TWD 12.6m | TWD 4.7m | TWD 11.5m | TWD 17.0m | TWD 11.7m | — | — | — |
| Shareholders' equity | TWD 1.51bn | TWD 1.91bn | TWD 1.40bn | TWD 1.63bn | TWD 2.12bn | TWD 1.58bn | TWD 1.05bn | TWD 1.27bn | TWD 691.7m | TWD 872.4m |
| Shares outstanding | 168m | 162m | 162m | 162m | 151m | 121m | 118m | 99m | 96m | 87m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 360.5m | −TWD 296.3m | −TWD 328.2m | −TWD 300.5m | −TWD 452.6m | −TWD 129.1m | −TWD 379.5m | −TWD 81.9m | −TWD 68.4m | −TWD 143.5m |
| Capital spending | −TWD 668,000 | −TWD 450,000 | −TWD 15.0m | −TWD 2.3m | −TWD 576,000 | −TWD 680,000 | — | −TWD 5.2m | −TWD 2.1m | −TWD 3.8m |
| Free cash flow | −TWD 361.2m | −TWD 296.8m | −TWD 343.2m | −TWD 302.7m | −TWD 453.2m | −TWD 129.8m | −TWD 379.5m | −TWD 87.1m | −TWD 70.5m | −TWD 147.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 5.1m | TWD 4.5m | TWD 13.1m | TWD 11.7m | TWD 2.2m | TWD 8.9m | TWD 19.8m | TWD 6.4m |
| Operating income | −TWD 121.0m | −TWD 66.5m | −TWD 43.4m | −TWD 72.4m | −TWD 111.2m | −TWD 106.4m | −TWD 115.3m | −TWD 87.8m |
| Net income | −TWD 161.9m | −TWD 119.7m | −TWD 55.6m | −TWD 32.8m | −TWD 147.9m | −TWD 104.2m | −TWD 148.5m | −TWD 228.0m |
| Diluted earnings per share | -0.97 | -0.71 | -0.33 | -0.19 | -0.88 | -0.62 | -0.91 | -1.40 |
| Cash from operations | −TWD 116.0m | −TWD 51.0m | −TWD 42.0m | −TWD 50.0m | −TWD 186.0m | −TWD 81.0m | −TWD 100.0m | −TWD 51.0m |
| Total assets | TWD 1.37bn | TWD 1.53bn | TWD 1.65bn | TWD 1.73bn | TWD 1.75bn | TWD 2.05bn | TWD 2.13bn | TWD 1.38bn |
| Shareholders' equity | TWD 1.24bn | TWD 1.39bn | TWD 1.51bn | TWD 1.59bn | TWD 1.62bn | TWD 1.81bn | TWD 1.91bn | TWD 1.15bn |
Financial ratios
Data as of 22 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Operating margin | -930.8% | -911.6% | -439.0% | -1892.9% | 554.1% | -1489.1% | — |
| Net margin | -950.4% | -1084.9% | -418.2% | -1856.7% | 552.6% | -1489.8% | — |
| Return on equity | -22.6% | -22.2% | -17.0% | -30.4% | 4.5% | -20.4% | — |
| Return on assets | -20.6% | -19.9% | -14.4% | -26.2% | 4.1% | -18.1% | — |
| Free cash flow yield | — | -2.3% | -2.5% | -2.4% | — | — | — |
| Revenue growth | -8.5% | -31.2% | 113.6% | 53.5% | -19.8% | -87.4% | — |
| Earnings growth | -19.8% | 78.4% | -51.9% | -615.6% | -129.7% | 33.9% | — |
| Current ratio | 7.37x | 7.64x | 4.75x | 6.44x | 7.23x | 7.07x | — |
| Debt to equity | — | — | 0.00x | 0.00x | 0.00x | 0.00x | 0.01x |
| Equity ratio | 91.5% | 89.6% | 84.6% | 86.4% | 90.2% | 88.7% | — |
| Interest coverage | -1659.22x | -1908.79x | -5316.74x | -3384.54x | 370.02x | -2135.19x | — |
| R&D as a share of sales | 849.5% | 824.6% | 648.9% | 1052.7% | 2338.7% | 1464.3% | — |
| Buybacks as a share of market value | — | -0.0% | -0.0% | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.4% | 10.6% | 14.2% |
| Operating income | -12.9% | 0.7% | 2.8% |
| Net income | -11.7% | 1.1% | 3.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -920.8% | -911.2% | -845.8% | -549.0% |
| Net margin | -1020.6% | -944.9% | -873.0% | -552.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -96.2 | -95.6 | -46.6 | -12.9 | 63.3 | -13.2 | -16.7 | -59.8 | -13.2 | -16.8 |
| Price to sales | — | — | 194.9 | 240.2 | 349.9 | 195.9 | 23.4 | 49.7 | 79.6 | 309.0 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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