C 
76.40
+2.96%
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 1.4m
FY2016FY2025
Net income
−TWD 290.0m
FY2016FY2025
Free cash flow
−TWD 291.3m
FY2016FY2025
Shareholders' equity
TWD 2.46bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 1.4m | TWD 3.6m | — | TWD 60,000 | TWD 3.6m | TWD 138,000 | TWD 297,000 | TWD 290,000 | TWD 396,000 | TWD 2.0m |
| Research and development | TWD 286.9m | TWD 219.1m | TWD 239.4m | TWD 326.1m | TWD 193.5m | TWD 287.9m | TWD 344.6m | TWD 284.2m | TWD 275.9m | TWD 230.5m |
| Operating income | −TWD 325.8m | −TWD 249.3m | −TWD 306.0m | −TWD 338.1m | −TWD 205.3m | −TWD 296.1m | −TWD 369.2m | −TWD 319.2m | −TWD 323.7m | −TWD 263.1m |
| Net income | −TWD 290.0m | −TWD 212.2m | −TWD 306.1m | −TWD 338.4m | −TWD 205.9m | −TWD 296.8m | −TWD 358.4m | −TWD 306.6m | −TWD 309.2m | −TWD 245.5m |
| Diluted earnings per share | -1.36 | -1.00 | -1.54 | -1.84 | -0.97 | -1.40 | -1.68 | -1.69 | -1.71 | -1.36 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 2.57bn | TWD 2.88bn | TWD 3.09bn | TWD 1.60bn | TWD 1.89bn | TWD 2.14bn | TWD 2.43bn | TWD 2.67bn | TWD 2.93bn | TWD 3.21bn |
| Cash and short-term investments | — | — | TWD 2.60bn | TWD 1.04bn | TWD 1.32bn | TWD 1.53bn | TWD 1.80bn | TWD 2.08bn | TWD 2.31bn | TWD 2.56bn |
| Total liabilities | TWD 109.1m | TWD 132.6m | TWD 110.8m | TWD 173.7m | TWD 149.7m | TWD 179.7m | TWD 29.0m | TWD 62.6m | TWD 31.8m | TWD 36.2m |
| Debt | — | — | — | TWD 11.7m | TWD 25.6m | TWD 38.3m | TWD 29.0m | — | — | — |
| Shareholders' equity | TWD 2.46bn | TWD 2.75bn | TWD 2.98bn | TWD 1.43bn | TWD 1.74bn | TWD 1.96bn | TWD 2.26bn | TWD 2.61bn | TWD 2.89bn | TWD 3.18bn |
| Shares outstanding | 213m | 213m | 199m | 184m | 213m | 213m | 213m | 181m | 181m | 180m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 279.6m | −TWD 217.4m | −TWD 291.1m | −TWD 249.5m | −TWD 193.5m | −TWD 248.7m | −TWD 266.7m | −TWD 244.7m | −TWD 251.2m | −TWD 168.9m |
| Capital spending | −TWD 11.7m | −TWD 5.5m | −TWD 2.0m | −TWD 9.4m | −TWD 2.6m | −TWD 22.2m | −TWD 11.4m | −TWD 2.8m | −TWD 5.1m | −TWD 13.1m |
| Free cash flow | −TWD 291.3m | −TWD 222.9m | −TWD 293.1m | −TWD 258.9m | −TWD 196.1m | −TWD 270.9m | −TWD 278.2m | −TWD 247.5m | −TWD 256.3m | −TWD 182.0m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sept 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 712,000 | TWD 2.5m | TWD 541,000 | TWD 541,000 | — | — | — | — |
| Operating income | −TWD 136.7m | −TWD 131.2m | −TWD 59.0m | −TWD 59.0m | −TWD 56.9m | −TWD 56.9m | −TWD 77.6m | −TWD 77.6m |
| Net income | −TWD 118.1m | −TWD 112.2m | −TWD 50.0m | −TWD 50.0m | −TWD 77.6m | −TWD 77.6m | −TWD 75.4m | −TWD 75.4m |
| Diluted earnings per share | -0.55 | -0.52 | -0.24 | -0.24 | -0.39 | -0.39 | -0.38 | -0.38 |
| Cash from operations | −TWD 129.0m | −TWD 115.0m | −TWD 51.0m | −TWD 51.0m | −TWD 71.0m | −TWD 71.0m | −TWD 73.0m | −TWD 73.0m |
| Capital spending | −TWD 2.0m | −TWD 1.0m | −TWD 1.0m | −TWD 1.0m | — | — | — | — |
| Free cash flow | −TWD 131.0m | −TWD 116.0m | −TWD 52.0m | −TWD 52.0m | — | — | — | — |
| Total assets | TWD 2.74bn | TWD 2.88bn | TWD 3.01bn | TWD 3.01bn | TWD 3.09bn | TWD 3.09bn | TWD 1.44bn | TWD 1.44bn |
| Cash and short-term investments | — | — | TWD 2.49bn | TWD 2.49bn | TWD 2.60bn | TWD 2.60bn | TWD 892.4m | TWD 892.4m |
| Debt | — | — | — | — | — | — | TWD 5.9m | — |
| Shareholders' equity | TWD 2.63bn | TWD 2.75bn | TWD 2.88bn | TWD 2.88bn | TWD 2.98bn | TWD 2.98bn | TWD 1.28bn | TWD 1.28bn |
Financial ratios
Data as of 13 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Operating margin | -20237.6% | -5909.1% | — | -563486.7% | -5752.1% | -214539.1% | -124297.3% |
| Net margin | -20266.0% | -5928.1% | — | -563988.3% | -5768.2% | -215100.7% | -120664.0% |
| Return on equity | -11.8% | -7.7% | -10.3% | -23.7% | -11.8% | -15.1% | — |
| Return on assets | -11.3% | -7.4% | -9.9% | -21.1% | -10.9% | -13.9% | — |
| Free cash flow yield | — | -0.9% | -1.3% | -1.2% | — | — | — |
| Revenue growth | -60.0% | — | — | -98.3% | 2487.0% | -53.5% | — |
| Earnings growth | 36.6% | -30.7% | -9.5% | 64.3% | -30.6% | -17.2% | — |
| Current ratio | 19.47x | 20.81x | 24.93x | 6.39x | 10.06x | 10.37x | — |
| Debt to equity | — | — | — | 0.01x | 0.01x | 0.01x | — |
| Equity ratio | 95.8% | 95.4% | 96.4% | 89.2% | 92.1% | 91.6% | — |
| Interest coverage | -713.30x | -311.56x | -3974.16x | -1123.23x | -356.51x | -382.02x | — |
| R&D as a share of sales | 20045.5% | 6119.5% | — | 543495.0% | 5420.3% | 208610.1% | 116037.4% |
| Buybacks as a share of market value | — | -7.1% | -8.0% | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 187.8% | 59.6% | — |
| Operating income | -1.2% | 1.9% | 8.7% |
| Net income | -5.0% | -0.5% | 10.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -11477.4% | — | — | — |
| Net margin | -10022.6% | — | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -20.6 | -51.1 | -44.7 | -73.1 | -56.0 | -11.6 | -9.3 | -11.7 | -19.5 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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