G 
53.10
+3.71%
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 635.2m
FY2018FY2025
Net income
−TWD 210.5m
FY2018FY2025
Free cash flow
−TWD 67.5m
FY2018FY2025
Shareholders' equity
TWD 498.2m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 635.2m | TWD 446.9m | TWD 472.3m | TWD 1.08bn | TWD 828.9m | TWD 647.6m | TWD 358.5m | TWD 288.3m |
| Research and development | TWD 45.7m | TWD 32.7m | TWD 34.6m | TWD 29.7m | TWD 27.8m | TWD 36.6m | TWD 21.4m | TWD 19.2m |
| Operating income | −TWD 221.0m | −TWD 171.3m | −TWD 47.5m | TWD 145.7m | TWD 122.6m | TWD 103.3m | TWD 51.1m | TWD 53.0m |
| Net income | −TWD 210.5m | −TWD 162.3m | −TWD 24.2m | TWD 107.8m | TWD 97.0m | TWD 83.5m | TWD 40.3m | TWD 38.4m |
| Diluted earnings per share | -7.59 | -6.94 | -1.03 | 4.60 | 4.67 | 4.23 | 2.05 | 1.95 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 1.22bn | TWD 1.28bn | TWD 1.36bn | TWD 1.07bn | TWD 774.1m | TWD 375.1m | TWD 279.8m | TWD 192.1m |
| Cash and short-term investments | — | — | — | — | — | TWD 91.6m | TWD 70.7m | TWD 66.4m |
| Total liabilities | TWD 721.4m | TWD 803.5m | TWD 727.7m | TWD 381.6m | TWD 375.1m | TWD 77.4m | TWD 108.5m | TWD 49.6m |
| Debt | TWD 236.4m | TWD 268.7m | TWD 453.4m | TWD 114.5m | TWD 11.0m | TWD 10.6m | TWD 17.6m | — |
| Shareholders' equity | TWD 498.2m | TWD 467.8m | TWD 613.1m | TWD 690.8m | TWD 398.9m | TWD 297.8m | TWD 171.3m | TWD 142.5m |
| Shares outstanding | 28m | 23m | 23m | 23m | 21m | 20m | 20m | 20m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 34.5m | −TWD 135.1m | TWD 13.1m | TWD 196.7m | TWD 21.2m | TWD 44.7m | TWD 25.7m | TWD 13.4m |
| Capital spending | −TWD 33.0m | −TWD 198.3m | −TWD 288.2m | −TWD 196.9m | −TWD 78.7m | −TWD 10.6m | −TWD 10.8m | −TWD 7.4m |
| Free cash flow | −TWD 67.5m | −TWD 333.4m | −TWD 275.1m | −TWD 182,000 | −TWD 57.4m | TWD 34.1m | TWD 14.9m | TWD 6.1m |
| Dividends paid | — | — | −TWD 52.9m | −TWD 40.6m | −TWD 6.1m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 172.1m | TWD 138.7m | TWD 174.6m | TWD 197.9m | TWD 136.3m | TWD 126.3m | TWD 122.5m | TWD 97.6m |
| Operating income | −TWD 72.6m | −TWD 72.9m | −TWD 83.6m | −TWD 59.6m | — | −TWD 36.4m | −TWD 43.2m | −TWD 53.5m |
| Net income | −TWD 69.2m | −TWD 74.7m | −TWD 122.5m | −TWD 62.2m | TWD 13.9m | −TWD 39.7m | −TWD 41.3m | −TWD 50.7m |
| Diluted earnings per share | -2.27 | -2.45 | -4.42 | -2.25 | 0.50 | -1.43 | -1.76 | -2.17 |
| Cash from operations | −TWD 88.0m | −TWD 71.0m | −TWD 7.0m | −TWD 7.0m | −TWD 19.0m | — | −TWD 13.0m | −TWD 83.0m |
| Capital spending | −TWD 2.0m | −TWD 10.0m | −TWD 9.0m | −TWD 9.0m | −TWD 3.0m | −TWD 11.0m | −TWD 38.0m | −TWD 30.0m |
| Free cash flow | −TWD 90.0m | −TWD 81.0m | −TWD 16.0m | −TWD 16.0m | −TWD 22.0m | — | −TWD 51.0m | −TWD 113.0m |
| Total assets | TWD 1.22bn | TWD 1.23bn | TWD 1.22bn | TWD 1.31bn | TWD 1.33bn | TWD 1.29bn | TWD 1.28bn | TWD 1.30bn |
| Debt | TWD 214.7m | TWD 223.7m | TWD 236.4m | TWD 249.1m | TWD 262.1m | TWD 15.2m | TWD 268.7m | TWD 282.8m |
| Shareholders' equity | TWD 495.5m | TWD 562.7m | TWD 498.2m | TWD 628.7m | TWD 693.4m | TWD 673.3m | TWD 467.8m | TWD 485.8m |
Financial ratios
Data as of 31 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Operating margin | -34.6% | -37.0% | -5.0% | 12.7% | 14.6% |
| Net margin | -33.1% | -36.3% | -5.1% | 10.0% | 11.7% |
| Return on equity | -42.2% | -34.7% | -4.0% | 15.6% | 24.3% |
| Return on assets | -17.2% | -12.7% | -1.8% | 10.1% | 12.5% |
| Revenue growth | 42.1% | -5.4% | -56.3% | 30.5% | — |
| Earnings growth | 29.7% | 569.8% | -122.5% | 11.1% | — |
| Current ratio | 1.08x | 0.85x | 2.94x | 3.05x | 1.78x |
| Debt to equity | 0.47x | 0.57x | 0.74x | 0.17x | 0.03x |
| Equity ratio | 40.8% | 36.5% | 45.1% | 64.4% | 51.5% |
| Interest coverage | -17.54x | -13.43x | -4.89x | 117.61x | 162.07x |
| R&D as a share of sales | 7.2% | 7.3% | 7.3% | 2.7% | 3.4% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -16.3% | -0.4% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -36.3% | -11.2% | -1.7% | — |
| Net margin | -34.5% | -11.0% | -2.6% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -10.4 | -9.1 | -64.8 | 19.1 | 33.0 |
| Price to sales | 3.5 | 3.3 | 3.3 | 1.9 | 3.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 24 Jul 2023.
| FY2023 | FY2022 | |
|---|---|---|
| Paid in the year | 2.381 | 1.825 |
- 1050-for-1000 split · 24 Jul 2023
- 1056.835-for-1000 split · 24 Aug 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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