M 
15.25
+13.81%
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
—
FY2018FY2025
Net income
−TWD 119.1m
FY2018FY2025
Free cash flow
−TWD 116.8m
FY2018FY2025
Shareholders' equity
TWD 262.6m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | TWD 14,000 | TWD 18,000 | — | — | TWD 7.4m | — | — |
| Gross profit | — | −TWD 17.2m | −TWD 16.6m | −TWD 13.6m | −TWD 7.5m | TWD 7.4m | — | — |
| Research and development | TWD 97.8m | TWD 156.9m | TWD 116.0m | TWD 100.9m | TWD 85.6m | TWD 147.0m | — | TWD 149.5m |
| Operating income | −TWD 119.6m | −TWD 180.2m | −TWD 140.5m | −TWD 121.7m | −TWD 101.0m | −TWD 149.3m | −TWD 178.3m | −TWD 160.8m |
| Net income | −TWD 119.1m | −TWD 164.0m | −TWD 127.5m | −TWD 111.7m | −TWD 89.2m | −TWD 148.9m | −TWD 174.7m | −TWD 153.1m |
| Diluted earnings per share | -1.77 | -2.53 | -2.07 | -1.82 | -1.32 | -2.21 | -2.60 | -2.70 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 278.9m | TWD 224.3m | TWD 294.6m | TWD 342.7m | TWD 432.6m | TWD 265.1m | — | TWD 511.4m |
| Cash and short-term investments | — | TWD 87.7m | TWD 187.9m | TWD 144.2m | TWD 351.7m | TWD 95.2m | — | TWD 464.8m |
| Total liabilities | TWD 16.3m | TWD 20.0m | TWD 25.5m | TWD 28.3m | TWD 26.8m | TWD 18.8m | — | TWD 25.1m |
| Debt | — | TWD 5.7m | TWD 8.3m | TWD 10.9m | TWD 16.0m | — | — | — |
| Shareholders' equity | TWD 262.6m | TWD 204.4m | TWD 269.1m | TWD 314.3m | TWD 405.8m | TWD 246.4m | — | TWD 486.3m |
| Shares outstanding | 67m | 65m | 62m | 62m | 67m | 67m | 67m | 57m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 115.9m | −TWD 144.2m | −TWD 99.7m | −TWD 82.8m | −TWD 85.0m | −TWD 156.3m | −TWD 170.8m | −TWD 142.0m |
| Capital spending | −TWD 893,000 | −TWD 1.2m | −TWD 4.4m | −TWD 13.5m | −TWD 17.9m | −TWD 7.5m | −TWD 963,000 | −TWD 4.2m |
| Free cash flow | −TWD 116.8m | −TWD 145.3m | −TWD 104.1m | −TWD 96.3m | −TWD 102.9m | −TWD 163.8m | −TWD 171.7m | −TWD 146.1m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | TWD 14,000 | TWD 18,000 | — | — | — | — |
| Gross profit | −TWD 8.5m | −TWD 8.6m | −TWD 8.6m | −TWD 8.3m | −TWD 8.3m | −TWD 7.8m | — | — |
| Operating income | −TWD 63.8m | −TWD 91.9m | −TWD 88.3m | −TWD 75.7m | −TWD 64.8m | −TWD 53.4m | −TWD 68.5m | −TWD 56.9m |
| Net income | −TWD 66.9m | −TWD 86.8m | −TWD 77.2m | −TWD 65.1m | −TWD 62.5m | −TWD 49.4m | −TWD 62.3m | −TWD 45.1m |
| Diluted earnings per share | -0.99 | -1.34 | -1.19 | -1.06 | -1.02 | -0.80 | -1.06 | -0.95 |
| Cash from operations | −TWD 48.0m | −TWD 73.0m | −TWD 70.0m | −TWD 49.0m | −TWD 49.0m | −TWD 38.0m | — | — |
| Capital spending | — | — | −TWD 1.0m | −TWD 3.0m | — | −TWD 4.0m | — | — |
| Free cash flow | — | — | −TWD 71.0m | −TWD 52.0m | — | −TWD 42.0m | — | — |
| Total assets | TWD 162.4m | TWD 224.3m | TWD 306.4m | TWD 294.6m | TWD 287.4m | TWD 342.7m | TWD 385.3m | TWD 432.6m |
| Cash and short-term investments | TWD 92.5m | TWD 87.7m | TWD 222.6m | TWD 187.9m | TWD 37.5m | TWD 144.2m | TWD 158.6m | TWD 167.7m |
| Debt | TWD 2.8m | TWD 2.8m | TWD 2.8m | TWD 5.4m | TWD 2.6m | TWD 2.6m | TWD 9.6m | TWD 10.9m |
| Shareholders' equity | TWD 132.9m | TWD 204.4m | TWD 284.1m | TWD 269.1m | TWD 262.5m | TWD 314.3m | TWD 361.6m | TWD 405.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | -0.6% | -4.3% | — |
| Net income | 2.2% | -4.4% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -7.1 | -5.7 | -11.6 | -10.4 | -22.5 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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