I 
50.70
-1.36%
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 105.0m
FY2017FY2025
Net income
−TWD 53.3m
FY2017FY2025
Free cash flow
−TWD 88.9m
FY2017FY2025
Shareholders' equity
TWD 249.5m
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 105.0m | TWD 24.3m | TWD 35.9m | TWD 24.3m | TWD 10.2m | TWD 39.9m | TWD 11.2m | TWD 4.7m | TWD 3.5m |
| Gross profit | TWD 103.6m | TWD 24.2m | TWD 35.9m | TWD 24.3m | TWD 10.2m | TWD 39.9m | TWD 10.7m | TWD 4.3m | TWD 3.2m |
| Research and development | TWD 80.9m | TWD 43.7m | TWD 43.0m | TWD 30.9m | TWD 17.6m | TWD 17.4m | TWD 15.1m | TWD 14.9m | TWD 14.4m |
| Operating income | −TWD 52.1m | −TWD 83.9m | −TWD 69.8m | −TWD 48.1m | −TWD 40.5m | −TWD 11.5m | TWD 10.7m | −TWD 32.6m | −TWD 29.7m |
| Net income | −TWD 53.3m | −TWD 79.3m | −TWD 66.9m | −TWD 44.0m | −TWD 41.1m | −TWD 10.8m | −TWD 26.7m | −TWD 32.1m | −TWD 30.3m |
| Diluted earnings per share | -2.10 | -3.13 | -2.64 | -1.75 | -1.62 | -0.43 | -1.05 | -2.77 | -3.69 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 285.5m | TWD 223.0m | TWD 283.2m | TWD 317.2m | TWD 243.3m | TWD 281.9m | TWD 125.8m | TWD 32.7m | TWD 55.8m |
| Cash and short-term investments | — | TWD 140.3m | TWD 206.5m | TWD 273.2m | TWD 201.6m | TWD 229.1m | TWD 113.4m | TWD 29.2m | TWD 51.9m |
| Total liabilities | TWD 36.1m | TWD 37.9m | TWD 20.1m | TWD 14.7m | TWD 16.6m | TWD 15.9m | TWD 286,000 | TWD 8.9m | TWD 3.7m |
| Debt | — | TWD 6.5m | TWD 4.8m | TWD 6.1m | TWD 8.5m | TWD 10.9m | TWD 88,000 | — | — |
| Shareholders' equity | TWD 249.5m | TWD 185.1m | TWD 263.0m | TWD 302.5m | TWD 226.7m | TWD 266.0m | TWD 118.6m | TWD 23.9m | TWD 52.2m |
| Shares outstanding | 25m | 25m | 25m | 25m | 25m | 25m | 25m | 12m | 8m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 74.7m | −TWD 49.3m | −TWD 71.1m | −TWD 43.3m | −TWD 14.9m | −TWD 32.0m | −TWD 31.6m | −TWD 25.2m | −TWD 28.5m |
| Capital spending | −TWD 14.1m | −TWD 14.4m | −TWD 1.9m | −TWD 4.1m | −TWD 10.8m | −TWD 7.9m | −TWD 900,000 | — | −TWD 2.1m |
| Free cash flow | −TWD 88.9m | −TWD 63.7m | −TWD 73.0m | −TWD 47.3m | −TWD 25.7m | −TWD 39.8m | −TWD 32.5m | −TWD 25.2m | −TWD 30.6m |
Latest quarters
By quarter end
| Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sept 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 18.5m | TWD 18.5m | TWD 9.2m | TWD 9.2m | TWD 2.9m | TWD 2.9m | TWD 5.7m | TWD 5.7m |
| Gross profit | TWD 17.8m | TWD 17.8m | TWD 9.2m | TWD 9.2m | TWD 2.9m | TWD 2.9m | TWD 5.7m | TWD 5.7m |
| Operating income | −TWD 16.1m | −TWD 16.1m | −TWD 16.6m | −TWD 16.6m | −TWD 25.3m | −TWD 25.3m | −TWD 21.9m | −TWD 21.9m |
| Net income | −TWD 18.2m | −TWD 18.2m | −TWD 16.1m | −TWD 16.1m | −TWD 23.6m | −TWD 23.6m | −TWD 21.6m | −TWD 21.6m |
| Diluted earnings per share | -0.72 | -0.72 | -0.63 | -0.63 | -0.93 | -0.93 | -0.85 | -0.85 |
| Cash from operations | −TWD 19.0m | −TWD 19.0m | −TWD 10.0m | −TWD 10.0m | −TWD 13.0m | −TWD 13.0m | −TWD 12.0m | −TWD 12.0m |
| Total assets | TWD 178.7m | TWD 178.7m | TWD 223.0m | TWD 223.0m | TWD 237.3m | TWD 237.3m | TWD 283.2m | TWD 283.2m |
| Cash and short-term investments | TWD 88.7m | TWD 88.7m | TWD 140.3m | TWD 140.3m | TWD 175.1m | TWD 175.1m | TWD 206.5m | TWD 206.5m |
| Debt | TWD 3.0m | TWD 3.0m | TWD 5.6m | TWD 2.8m | TWD 3.1m | TWD 3.1m | TWD 6.1m | TWD 3.1m |
| Shareholders' equity | TWD 147.1m | TWD 147.1m | TWD 185.1m | TWD 185.1m | TWD 216.6m | TWD 216.6m | TWD 263.0m | TWD 263.0m |
Financial ratios
Data as of 28 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 98.7% | 99.9% | 100.0% | 100.0% | 100.0% | 100.0% | — |
| Operating margin | -50.4% | -324.2% | -184.8% | -181.1% | -404.5% | -26.9% | — |
| Net margin | -50.8% | -326.5% | -186.3% | -181.2% | -404.9% | -27.0% | — |
| Return on equity | -21.4% | -42.8% | -25.4% | -14.5% | -18.1% | -4.1% | — |
| Return on assets | -18.7% | -35.5% | -23.6% | -13.9% | -16.9% | -3.8% | — |
| Free cash flow yield | -3.8% | -2.2% | -4.4% | -2.5% | — | — | — |
| Revenue growth | 332.8% | -32.4% | 48.0% | 138.9% | -74.6% | 258.2% | — |
| Earnings growth | -32.7% | 18.5% | 52.2% | 6.9% | 281.5% | -59.6% | — |
| Current ratio | 6.45x | 5.76x | 13.16x | 26.56x | 20.02x | 33.18x | — |
| Debt to equity | — | 0.03x | 0.02x | 0.02x | 0.02x | 0.02x | 0.01x |
| Equity ratio | 87.4% | 83.0% | 92.9% | 95.4% | 93.2% | 94.3% | — |
| Interest coverage | -337.40x | -639.81x | -1659.17x | -1689.73x | -1208.50x | -467.70x | — |
| R&D as a share of sales | 77.0% | 180.2% | 119.7% | 127.3% | 172.9% | 43.5% | — |
| Buybacks as a share of market value | 0.0% | -0.1% | -0.6% | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 63.0% | 21.3% | — |
| Operating income | 2.7% | 35.3% | — |
| Net income | 6.7% | 37.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 98.9% | 99.2% | 99.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -27.1 | -9.6 | -21.6 | -33.2 | -55.8 | -209.8 |
| Price to sales | 13.8 | 31.5 | 40.3 | 60.2 | 226.1 | 56.6 |
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.