M 
48.70
+3.84%
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 613.2m
FY2016FY2025
Net income
−TWD 281.7m
FY2016FY2025
Free cash flow
−TWD 100.9m
FY2016FY2025
Shareholders' equity
TWD 3.48bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 613.2m | TWD 605.6m | TWD 389.6m | TWD 365.0m | TWD 3.28bn | TWD 11.5m | TWD 1.1m | — | — | — |
| Research and development | TWD 338.6m | TWD 221.5m | TWD 1.19bn | TWD 1.14bn | TWD 1.19bn | TWD 679.6m | TWD 538.7m | TWD 397.0m | TWD 287.2m | TWD 177.2m |
| Operating income | −TWD 265.7m | −TWD 145.7m | −TWD 1.21bn | −TWD 1.46bn | TWD 1.42bn | −TWD 659.3m | −TWD 598.6m | −TWD 466.0m | −TWD 333.5m | −TWD 219.6m |
| Net income | −TWD 281.7m | −TWD 80.5m | −TWD 1.16bn | −TWD 1.50bn | TWD 1.41bn | −TWD 690.7m | −TWD 636.8m | −TWD 476.3m | −TWD 340.3m | −TWD 209.6m |
| Diluted earnings per share | -0.86 | -0.24 | -3.53 | -4.58 | 4.48 | -2.50 | -2.68 | -1.98 | -1.66 | -1.22 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 3.93bn | TWD 4.36bn | TWD 6.09bn | TWD 7.35bn | TWD 5.30bn | TWD 3.49bn | TWD 2.28bn | TWD 2.18bn | TWD 2.14bn | TWD 1.82bn |
| Cash and short-term investments | — | — | TWD 3.76bn | TWD 4.24bn | TWD 2.23bn | TWD 1.73bn | TWD 463.9m | TWD 719.6m | TWD 611.0m | TWD 310.0m |
| Total liabilities | TWD 454.6m | TWD 513.9m | TWD 2.25bn | TWD 2.32bn | TWD 623.0m | TWD 349.4m | TWD 910.3m | TWD 571.1m | TWD 615.4m | TWD 347.9m |
| Debt | — | TWD 339.0m | TWD 1.97bn | TWD 1.96bn | TWD 185.9m | TWD 187.8m | TWD 797.9m | TWD 523.8m | TWD 570.4m | TWD 322.2m |
| Shareholders' equity | TWD 3.48bn | TWD 3.85bn | TWD 3.85bn | TWD 5.03bn | TWD 4.68bn | TWD 3.14bn | TWD 1.37bn | TWD 1.61bn | TWD 1.52bn | TWD 1.47bn |
| Shares outstanding | 329m | 329m | 328m | 328m | 315m | 277m | 238m | 240m | 205m | 172m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 49.1m | TWD 40.8m | −TWD 477.8m | −TWD 1.10bn | TWD 579.9m | −TWD 590.0m | −TWD 462.6m | −TWD 356.3m | −TWD 217.0m | −TWD 163.4m |
| Capital spending | −TWD 51.8m | −TWD 35.0m | −TWD 41.0m | −TWD 140.3m | −TWD 135.0m | −TWD 105.3m | −TWD 117.4m | −TWD 35.9m | −TWD 89.0m | −TWD 464.4m |
| Free cash flow | −TWD 100.9m | TWD 5.8m | −TWD 518.7m | −TWD 1.24bn | TWD 444.9m | −TWD 695.3m | −TWD 580.0m | −TWD 392.2m | −TWD 306.0m | −TWD 627.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 115.0m | TWD 105.9m | TWD 147.0m | TWD 205.9m | TWD 144.9m | TWD 115.4m | TWD 128.8m | TWD 243.0m |
| Operating income | TWD 21.4m | −TWD 31.9m | −TWD 143.0m | −TWD 27.6m | −TWD 62.2m | −TWD 32.9m | −TWD 45.0m | TWD 8.7m |
| Net income | TWD 22.4m | −TWD 28.3m | −TWD 138.2m | −TWD 22.6m | −TWD 99.9m | −TWD 21.0m | −TWD 22.1m | TWD 1.5m |
| Diluted earnings per share | 0.07 | -0.09 | -0.42 | -0.07 | -0.30 | -0.06 | -0.07 | 0.00 |
| Cash from operations | −TWD 91.0m | −TWD 56.0m | TWD 101.0m | −TWD 9.0m | −TWD 68.0m | −TWD 72.0m | TWD 174.0m | TWD 4.0m |
| Capital spending | −TWD 32.0m | −TWD 103.0m | −TWD 3.0m | −TWD 23.0m | −TWD 14.0m | −TWD 10.0m | −TWD 5.0m | −TWD 10.0m |
| Free cash flow | −TWD 123.0m | −TWD 159.0m | TWD 98.0m | −TWD 32.0m | −TWD 82.0m | −TWD 82.0m | TWD 169.0m | −TWD 6.0m |
| Total assets | TWD 4.76bn | TWD 4.78bn | TWD 3.93bn | TWD 4.07bn | TWD 4.14bn | TWD 4.27bn | TWD 4.36bn | TWD 4.32bn |
| Debt | TWD 704.7m | TWD 708.1m | — | — | — | — | — | — |
| Shareholders' equity | TWD 3.56bn | TWD 3.52bn | TWD 3.48bn | TWD 3.61bn | TWD 3.67bn | TWD 3.77bn | TWD 3.85bn | TWD 3.86bn |
Financial ratios
Data as of 2 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | -43.3% | -24.1% | -311.5% | -398.7% | 43.2% | -5729.9% | — | — |
| Net margin | -45.9% | -13.3% | -297.7% | -411.3% | 43.0% | -6002.4% | — | — |
| Return on equity | -8.1% | -2.1% | -30.2% | -29.9% | 30.2% | -22.0% | — | — |
| Return on assets | -7.2% | -1.8% | -19.0% | -20.4% | 26.6% | -19.8% | — | — |
| Free cash flow yield | — | 0.4% | -2.2% | -4.8% | 3.7% | -2.9% | -2.4% | — |
| Revenue growth | 1.2% | 55.4% | 6.7% | -88.9% | 28413.0% | 927.4% | — | — |
| Earnings growth | 250.1% | -93.1% | -22.8% | -206.5% | -304.2% | 8.5% | — | — |
| Current ratio | 12.77x | 11.94x | 2.21x | 15.38x | 8.47x | 12.48x | — | — |
| Debt to equity | — | — | 0.45x | 0.34x | 0.00x | 0.00x | 0.37x | 0.32x |
| Equity ratio | 88.4% | 88.2% | 63.1% | 68.4% | 88.2% | 90.0% | — | — |
| Interest coverage | -30.19x | -7.71x | -32.31x | -54.12x | 235.30x | -40.16x | — | — |
| R&D as a share of sales | 55.2% | 36.6% | 306.0% | 312.3% | 36.4% | 5905.6% | — | — |
| Buybacks as a share of market value | — | -0.1% | -0.2% | -4.1% | -13.8% | -16.4% | 1.1% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 18.9% | 121.5% | — |
| Operating income | -43.3% | -16.6% | 3.8% |
| Net income | -42.8% | -16.4% | 4.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -33.8% | -156.1% | -44.1% | — |
| Net margin | -29.7% | -153.2% | -43.8% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -44.0 | -147.3 | -19.9 | -15.2 | 44.9 | -27.7 | -7.0 | -11.5 | -10.6 | -16.2 |
| Price to sales | 20.2 | 19.6 | 59.1 | 62.4 | 19.3 | — | — | — | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1482.8058-for-1000 split · 3 Aug 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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