U 
Search any instrument
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 19.3m
FY2016FY2025
Net income
−TWD 117.5m
FY2016FY2025
Free cash flow
−TWD 109.7m
FY2016FY2025
Shareholders' equity
TWD 610.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 19.3m | TWD 2.4m | TWD 44.2m | TWD 27.6m | TWD 13.7m | TWD 83.2m | TWD 78.2m | TWD 103.3m | TWD 4.9m | TWD 8.4m |
| Research and development | TWD 48.6m | TWD 26.1m | TWD 21.5m | TWD 28.3m | TWD 40.6m | TWD 71.6m | TWD 55.2m | TWD 51.5m | TWD 60.1m | TWD 36.8m |
| Operating income | −TWD 103.8m | −TWD 78.5m | −TWD 112.2m | −TWD 96.5m | −TWD 111.7m | −TWD 116.2m | −TWD 122.6m | −TWD 96.2m | −TWD 116.7m | −TWD 103.3m |
| Net income | −TWD 117.5m | −TWD 61.9m | −TWD 134.4m | −TWD 98.8m | −TWD 120.8m | −TWD 132.9m | −TWD 128.4m | −TWD 95.0m | −TWD 143.8m | −TWD 102.2m |
| Diluted earnings per share | -1.12 | -0.73 | -2.07 | -1.79 | -3.00 | -3.39 | -3.27 | -2.63 | -4.70 | -4.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 692.9m | TWD 857.2m | TWD 599.4m | TWD 436.0m | TWD 191.4m | TWD 259.5m | TWD 429.4m | TWD 476.2m | TWD 430.8m | TWD 156.6m |
| Cash and short-term investments | — | TWD 537.4m | TWD 231.4m | TWD 150.8m | TWD 49.4m | TWD 54.0m | TWD 58.5m | TWD 289.2m | TWD 288.9m | TWD 44.9m |
| Total liabilities | TWD 58.9m | TWD 130.5m | TWD 152.5m | TWD 157.1m | TWD 67.5m | TWD 73.2m | TWD 112.4m | TWD 40.6m | TWD 147.9m | TWD 38.4m |
| Debt | TWD 3.4m | TWD 71.9m | TWD 117.2m | TWD 131.3m | TWD 47.2m | TWD 52.7m | TWD 53.2m | TWD 2.3m | TWD 3.4m | TWD 5.3m |
| Shareholders' equity | TWD 610.1m | TWD 726.7m | TWD 447.0m | TWD 278.9m | TWD 124.0m | TWD 186.3m | TWD 317.0m | TWD 435.6m | TWD 282.9m | TWD 118.2m |
| Shares outstanding | 105m | 85m | 65m | 55m | 40m | 39m | 39m | 36m | 31m | 25m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 73.8m | −TWD 69.8m | −TWD 119.7m | −TWD 66.1m | −TWD 47.4m | −TWD 96.9m | −TWD 91.0m | −TWD 100.6m | −TWD 66.7m | −TWD 75.1m |
| Capital spending | −TWD 35.9m | −TWD 43.7m | −TWD 91.8m | −TWD 84.9m | −TWD 11.6m | −TWD 4.9m | −TWD 30.2m | −TWD 71.2m | −TWD 53.1m | −TWD 16.4m |
| Free cash flow | −TWD 109.7m | −TWD 113.4m | −TWD 211.5m | −TWD 151.0m | −TWD 59.0m | −TWD 101.8m | −TWD 121.1m | −TWD 171.8m | −TWD 119.9m | −TWD 91.6m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 17.6m | TWD 613,000 | TWD 1.8m | TWD 37.6m | TWD 6.6m | TWD 23.8m | TWD 3.8m | TWD 6.8m |
| Operating income | −TWD 55.5m | −TWD 42.3m | −TWD 36.2m | −TWD 66.7m | −TWD 45.6m | −TWD 53.6m | −TWD 29.0m | −TWD 50.9m |
| Net income | −TWD 68.7m | −TWD 38.5m | −TWD 23.4m | −TWD 69.6m | −TWD 64.8m | −TWD 55.2m | −TWD 43.5m | −TWD 60.4m |
| Diluted earnings per share | -0.66 | -0.45 | -0.27 | -1.07 | -1.00 | -1.00 | -0.79 | -1.50 |
| Cash from operations | −TWD 59.0m | −TWD 27.0m | −TWD 41.0m | −TWD 55.0m | −TWD 43.0m | −TWD 28.0m | — | −TWD 23.0m |
| Capital spending | −TWD 17.0m | −TWD 21.0m | −TWD 22.0m | −TWD 67.0m | −TWD 23.0m | −TWD 80.0m | — | −TWD 5.0m |
| Free cash flow | −TWD 76.0m | −TWD 48.0m | −TWD 63.0m | −TWD 122.0m | −TWD 66.0m | −TWD 108.0m | — | −TWD 28.0m |
| Total assets | TWD 730.6m | TWD 857.2m | TWD 516.1m | TWD 599.4m | TWD 360.3m | TWD 436.0m | — | TWD 191.4m |
| Cash and short-term investments | TWD 353.3m | TWD 537.4m | TWD 164.8m | TWD 231.4m | TWD 67.7m | TWD 150.8m | — | TWD 49.4m |
| Debt | TWD 24.0m | TWD 27.1m | TWD 32.1m | TWD 31.2m | TWD 30.6m | TWD 31.3m | — | TWD 7.1m |
| Shareholders' equity | TWD 658.0m | TWD 726.7m | TWD 429.4m | TWD 447.0m | TWD 213.2m | TWD 278.9m | — | TWD 124.0m |
Financial ratios
Data as of 30 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -602.3% | -2455.7% | -295.2% | -345.0% | -872.1% | -157.4% |
| Net margin | -608.9% | -2528.9% | -303.9% | -357.6% | -882.1% | -159.6% |
| Return on equity | -19.3% | -8.5% | -30.1% | -35.4% | -97.5% | -71.3% |
| Return on assets | -17.0% | -7.2% | -22.4% | -22.7% | -63.1% | -51.2% |
| Free cash flow yield | -11.5% | -9.7% | -13.7% | 10.8% | -28.1% | -74.2% |
| Revenue growth | 688.7% | -94.5% | 60.1% | 101.7% | -83.5% | 6.4% |
| Earnings growth | 89.9% | -54.0% | 36.1% | -18.3% | -9.0% | 3.4% |
| Current ratio | 15.59x | 7.31x | 4.43x | 3.09x | 2.52x | 3.94x |
| Debt to equity | 0.01x | 0.04x | 0.09x | 0.15x | 0.10x | 0.03x |
| Equity ratio | 88.1% | 84.8% | 74.6% | 64.0% | 64.8% | 71.8% |
| Interest coverage | -77.44x | -23.99x | -35.04x | -28.69x | -112.29x | -89.57x |
| R&D as a share of sales | 251.6% | 1066.9% | 48.7% | 102.3% | 296.5% | 86.0% |
| Buybacks as a share of market value | -23.3% | -31.1% | -17.5% | -36.8% | -2.8% | 0.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -11.3% | -25.3% | 0.8% |
| Operating income | 2.4% | -2.2% | 4.3% |
| Net income | 6.0% | -2.4% | 5.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -838.1% | -417.8% | -324.8% | -279.2% |
| Net margin | -824.9% | -440.8% | -349.7% | -298.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -4.0 | -6.0 | -2.0 | -1.4 | -0.7 | -0.9 | -2.6 | -4.3 | -4.7 |
| Price to sales | 24.3 | 151.5 | 6.0 | 4.8 | 6.2 | 1.4 | 4.3 | 3.9 | 139.8 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.