A 
15.55
+3.32%
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 1.34bn
FY2017FY2025
Net income
−TWD 99.0m
FY2017FY2025
Free cash flow
−TWD 341.1m
FY2017FY2025
Shareholders' equity
TWD 1.07bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 1.34bn | TWD 1.93bn | TWD 3.36bn | TWD 3.32bn | TWD 1.80bn | TWD 1.36bn | TWD 2.08bn | TWD 2.07bn | TWD 1.47bn |
| Gross profit | TWD 24.1m | TWD 76.7m | TWD 308.0m | TWD 352.1m | TWD 168.0m | TWD 122.5m | TWD 176.4m | TWD 164.8m | TWD 103.0m |
| Research and development | TWD 13.6m | TWD 7.7m | TWD 8.2m | TWD 8.8m | TWD 8.5m | TWD 8.3m | TWD 10.3m | TWD 6.6m | TWD 8.7m |
| Operating income | −TWD 94.1m | −TWD 14.2m | TWD 172.9m | TWD 225.8m | TWD 70.5m | TWD 41.0m | TWD 75.6m | TWD 63.3m | TWD 14.3m |
| Net income | −TWD 99.0m | −TWD 74.8m | TWD 114.8m | TWD 171.0m | TWD 49.5m | TWD 25.8m | TWD 53.9m | TWD 59.8m | TWD 20.6m |
| Diluted earnings per share | -2.88 | -2.18 | 3.35 | 4.98 | 1.44 | 0.75 | 2.07 | 2.30 | 0.79 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 1.83bn | TWD 1.86bn | TWD 2.38bn | TWD 2.33bn | TWD 2.13bn | TWD 1.60bn | — | TWD 1.72bn | TWD 1.58bn |
| Cash and short-term investments | — | — | TWD 632.0m | TWD 358.7m | TWD 181.5m | TWD 104.1m | TWD 500.4m | TWD 132.6m | TWD 89.1m |
| Total liabilities | TWD 760.4m | TWD 635.6m | TWD 996.9m | TWD 1.27bn | TWD 1.36bn | TWD 967.4m | — | TWD 1.14bn | TWD 1.07bn |
| Debt | TWD 139.8m | TWD 365.0m | TWD 434.9m | TWD 507.2m | TWD 741.0m | TWD 607.0m | — | TWD 695.7m | TWD 712.8m |
| Shareholders' equity | TWD 1.07bn | TWD 1.22bn | TWD 1.39bn | TWD 1.06bn | TWD 773.7m | TWD 631.4m | — | TWD 573.7m | TWD 512.4m |
| Shares outstanding | 34m | 34m | 34m | 34m | 34m | 34m | 26m | 26m | 26m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 116.7m | TWD 30.7m | TWD 150.3m | TWD 321.0m | −TWD 142.9m | TWD 47.1m | TWD 48.2m | TWD 65.3m | −TWD 205.2m |
| Capital spending | −TWD 224.4m | −TWD 5.3m | −TWD 11.7m | −TWD 5.2m | −TWD 3.2m | −TWD 4.3m | −TWD 3.5m | −TWD 4.0m | −TWD 79.7m |
| Free cash flow | −TWD 341.1m | TWD 25.4m | TWD 138.6m | TWD 315.9m | −TWD 146.1m | TWD 42.8m | TWD 44.7m | TWD 61.3m | −TWD 284.9m |
| Dividends paid | −TWD 35.0m | −TWD 91.0m | −TWD 78.0m | −TWD 17.8m | −TWD 12.4m | −TWD 12.4m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 364.0m | TWD 420.2m | TWD 271.5m | TWD 329.4m | TWD 397.3m | TWD 341.4m | TWD 338.5m | TWD 566.7m |
| Gross profit | TWD 50.9m | TWD 34.5m | −TWD 22.1m | −TWD 8.3m | TWD 14.5m | TWD 40.1m | −TWD 115,000 | TWD 76.5m |
| Operating income | TWD 17.9m | — | −TWD 52.9m | −TWD 39.7m | — | — | −TWD 9.2m | TWD 41.2m |
| Net income | TWD 9.8m | TWD 7.4m | −TWD 45.2m | −TWD 11.9m | −TWD 58.4m | TWD 16.5m | −TWD 107.8m | TWD 24.6m |
| Diluted earnings per share | 0.28 | 0.22 | -1.32 | -0.35 | -1.70 | 0.48 | -3.14 | 0.72 |
| Cash from operations | TWD 113.0m | −TWD 20.0m | TWD 16.0m | −TWD 101.0m | −TWD 24.0m | −TWD 7.0m | −TWD 78.0m | TWD 188.0m |
| Capital spending | −TWD 2.0m | −TWD 6.0m | −TWD 1.0m | −TWD 6.0m | — | −TWD 233.0m | −TWD 1.0m | −TWD 3.0m |
| Free cash flow | TWD 111.0m | −TWD 26.0m | TWD 15.0m | −TWD 107.0m | — | −TWD 240.0m | −TWD 79.0m | TWD 185.0m |
| Total assets | TWD 1.78bn | TWD 2.17bn | TWD 1.83bn | TWD 1.84bn | TWD 1.90bn | TWD 1.91bn | TWD 1.86bn | TWD 2.07bn |
| Debt | TWD 123.3m | TWD 131.5m | TWD 139.8m | TWD 148.0m | TWD 156.3m | TWD 357.9m | TWD 365.0m | TWD 372.1m |
| Shareholders' equity | TWD 1.27bn | TWD 1.29bn | TWD 1.07bn | TWD 1.09bn | TWD 1.10bn | TWD 1.20bn | TWD 1.22bn | TWD 1.33bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -26.1% | -0.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 3.1% | 7.6% | 8.0% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -5.9 | -13.5 | 16.4 | 10.9 | 30.7 | 61.8 |
| Price to sales | 0.4 | 0.5 | 0.6 | 0.6 | 0.8 | 1.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 13 Jun 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Paid in the year | 1.00 | 2.60 | 2.489 | 0.568 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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