T 
11.10
0.00%
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 27.9m
FY2016FY2025
Net income
−TWD 221.1m
FY2016FY2025
Free cash flow
−TWD 179.6m
FY2016FY2025
Shareholders' equity
TWD 441.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 27.9m | TWD 8.2m | TWD 5.1m | TWD 6.9m | TWD 5.1m | TWD 3.4m | TWD 3.2m | TWD 1.5m | — | — |
| Research and development | TWD 175.5m | TWD 102.8m | TWD 173.1m | TWD 168.5m | TWD 84.5m | TWD 118.7m | TWD 178.8m | TWD 177.1m | TWD 95.4m | TWD 85.3m |
| Operating income | −TWD 237.4m | −TWD 146.0m | −TWD 214.7m | −TWD 213.1m | −TWD 130.2m | −TWD 163.0m | −TWD 163.2m | −TWD 215.3m | −TWD 131.3m | −TWD 122.9m |
| Net income | −TWD 221.1m | −TWD 138.8m | −TWD 212.3m | −TWD 211.6m | −TWD 125.6m | −TWD 159.4m | −TWD 217.8m | −TWD 209.5m | −TWD 130.4m | −TWD 119.2m |
| Diluted earnings per share | -2.00 | -1.26 | -2.26 | -2.37 | -1.38 | -2.37 | -3.60 | -3.36 | -2.10 | -1.96 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 465.2m | TWD 684.8m | TWD 833.7m | TWD 534.0m | TWD 706.6m | TWD 837.3m | TWD 489.3m | TWD 742.3m | TWD 813.7m | TWD 940.7m |
| Cash and short-term investments | — | TWD 514.0m | TWD 660.2m | TWD 358.3m | TWD 544.7m | TWD 674.1m | TWD 325.9m | TWD 528.9m | TWD 603.9m | TWD 730.4m |
| Total liabilities | TWD 23.6m | TWD 36.3m | TWD 60.6m | TWD 54.9m | TWD 30.8m | TWD 39.4m | TWD 31.8m | TWD 152.4m | TWD 16.6m | TWD 19.2m |
| Debt | — | TWD 10.4m | TWD 12.3m | TWD 15.5m | TWD 2.4m | TWD 5.6m | TWD 8.8m | — | — | — |
| Shareholders' equity | TWD 441.6m | TWD 647.2m | TWD 771.8m | TWD 477.8m | TWD 674.6m | TWD 788.7m | TWD 451.3m | TWD 590.0m | TWD 797.1m | TWD 921.5m |
| Shares outstanding | 111m | 111m | 94m | 89m | 91m | 67m | 61m | 62m | 62m | 61m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 178.5m | −TWD 149.8m | −TWD 194.9m | −TWD 185.7m | −TWD 124.4m | −TWD 142.0m | −TWD 168.9m | −TWD 184.7m | −TWD 131.0m | −TWD 119.3m |
| Capital spending | −TWD 1.1m | −TWD 321,000 | −TWD 313,000 | −TWD 317,000 | −TWD 946,000 | −TWD 401,000 | — | −TWD 419,000 | −TWD 7.0m | −TWD 7.0m |
| Free cash flow | −TWD 179.6m | −TWD 150.1m | −TWD 195.2m | −TWD 186.0m | −TWD 125.4m | −TWD 142.4m | −TWD 168.9m | −TWD 185.1m | −TWD 138.1m | −TWD 126.3m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 7.5m | TWD 8.0m | TWD 265,000 | TWD 5.1m | TWD 27,000 | TWD 6.3m | TWD 618,000 | TWD 2.6m |
| Operating income | −TWD 79.2m | −TWD 70.5m | −TWD 75.5m | −TWD 112.9m | −TWD 101.8m | −TWD 109.6m | −TWD 101.8m | −TWD 63.7m |
| Net income | −TWD 75.0m | −TWD 67.0m | −TWD 71.8m | −TWD 111.9m | −TWD 100.4m | −TWD 109.0m | −TWD 102.6m | −TWD 62.8m |
| Diluted earnings per share | -0.68 | -0.61 | -0.65 | -1.19 | -1.07 | -1.22 | -1.15 | -0.69 |
| Cash from operations | −TWD 80.0m | −TWD 59.0m | −TWD 91.0m | −TWD 83.0m | −TWD 111.0m | −TWD 51.0m | — | −TWD 62.0m |
| Capital spending | — | −TWD 59.0m | −TWD 182.0m | −TWD 167.0m | −TWD 222.0m | −TWD 102.0m | — | — |
| Free cash flow | — | −TWD 118.0m | −TWD 273.0m | −TWD 250.0m | −TWD 333.0m | −TWD 153.0m | — | — |
| Total assets | TWD 609.2m | TWD 684.8m | TWD 749.6m | TWD 833.7m | TWD 420.2m | TWD 534.0m | — | TWD 706.6m |
| Cash and short-term investments | TWD 431.3m | TWD 514.0m | TWD 573.8m | TWD 660.2m | TWD 245.3m | TWD 358.3m | — | TWD 544.7m |
| Debt | TWD 3.4m | TWD 4.7m | TWD 3.6m | TWD 6.6m | TWD 3.3m | TWD 3.4m | — | TWD 2.4m |
| Shareholders' equity | TWD 575.8m | TWD 647.2m | TWD 709.8m | TWD 771.8m | TWD 379.9m | TWD 477.8m | — | TWD 674.6m |
Financial ratios
Data as of 28 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Operating margin | -797.4% | -1685.2% | -4170.8% | -3053.5% | -2476.5% | -4826.6% | — |
| Net margin | -793.3% | -1688.6% | -4177.3% | -3056.1% | -2443.4% | -4745.0% | — |
| Return on equity | -50.1% | -21.5% | -27.5% | -44.3% | -18.6% | -20.2% | — |
| Return on assets | -47.5% | -20.3% | -25.5% | -39.6% | -17.8% | -19.0% | — |
| Free cash flow yield | -12.8% | -10.8% | -16.5% | -16.5% | -10.8% | -16.8% | — |
| Revenue growth | 239.0% | 61.8% | -26.6% | 34.7% | 53.1% | 6.4% | — |
| Earnings growth | 59.3% | -34.6% | 0.3% | 68.4% | -21.2% | -26.8% | — |
| Current ratio | 18.53x | 21.78x | 14.96x | 10.51x | 23.02x | 22.99x | — |
| Debt to equity | — | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x |
| Equity ratio | 94.9% | 94.5% | 92.6% | 89.5% | 95.5% | 94.2% | — |
| Interest coverage | -1331.02x | -503.86x | -638.44x | -1229.05x | -872.04x | -853.28x | — |
| R&D as a share of sales | 629.6% | 1250.0% | 3405.8% | 2433.4% | 1642.8% | 3534.6% | — |
| Buybacks as a share of market value | -0.1% | -17.6% | -5.2% | 1.6% | -35.0% | -11.3% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 59.1% | 52.7% | — |
| Operating income | 3.7% | 7.8% | 9.2% |
| Net income | 1.5% | 6.8% | 9.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -1061.9% | -1686.2% | -1951.0% | — |
| Net margin | -997.2% | -1629.5% | -1888.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -11.0 | -20.6 | -11.7 | -15.4 | -16.4 | -5.2 | -2.1 | -2.9 | -5.4 |
| Price to sales | 87.3 | 347.7 | 488.4 | 471.9 | 399.9 | 247.0 | 147.3 | 409.8 | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 1000-to-850 reverse split · 14 Nov 2019
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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