T 
408.50
+9.96%
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 804.3m
FY2019FY2025
Net income
TWD 165.4m
FY2019FY2025
Free cash flow
−TWD 499.8m
FY2019FY2025
Shareholders' equity
TWD 1.18bn
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | TWD 804.3m | TWD 668.5m | TWD 538.9m | TWD 464.1m | TWD 376.0m | TWD 300.0m | TWD 253.0m |
| Gross profit | TWD 564.6m | TWD 465.6m | TWD 390.7m | TWD 319.8m | TWD 252.5m | TWD 202.1m | TWD 161.7m |
| Research and development | TWD 227.7m | TWD 209.5m | TWD 185.5m | TWD 165.6m | TWD 140.3m | TWD 131.1m | TWD 98.5m |
| Operating income | TWD 200.4m | TWD 126.9m | TWD 79.8m | TWD 47.1m | TWD 58.9m | TWD 21.4m | TWD 12.0m |
| Net income | TWD 165.4m | TWD 115.4m | TWD 81.1m | TWD 63.8m | TWD 49.0m | TWD 22.5m | TWD 17.4m |
| Diluted earnings per share | 7.08 | 4.94 | 3.47 | 3.04 | 2.59 | 1.18 | 0.91 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | TWD 2.29bn | TWD 2.21bn | TWD 1.34bn | TWD 962.7m | TWD 555.4m | TWD 359.7m | TWD 248.9m |
| Cash and short-term investments | — | — | — | — | — | TWD 68.1m | TWD 58.8m |
| Total liabilities | TWD 1.09bn | TWD 1.07bn | TWD 367.0m | TWD 332.2m | TWD 237.7m | TWD 206.1m | TWD 151.3m |
| Debt | TWD 678.9m | TWD 764.0m | TWD 138.2m | TWD 164.1m | TWD 119.3m | TWD 100.1m | TWD 72.0m |
| Shareholders' equity | TWD 1.18bn | TWD 1.11bn | TWD 947.1m | TWD 606.4m | TWD 305.7m | TWD 153.6m | TWD 97.6m |
| Shares outstanding | 23m | 23m | 23m | 21m | 19m | 19m | 19m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 8.6m | TWD 9.8m | TWD 101.0m | −TWD 28.8m | −TWD 38.9m | −TWD 46.5m | −TWD 5.4m |
| Capital spending | −TWD 491.2m | −TWD 56.4m | −TWD 70.0m | −TWD 3.3m | −TWD 7.4m | −TWD 524,000 | −TWD 2.7m |
| Free cash flow | −TWD 499.8m | −TWD 46.6m | TWD 31.0m | −TWD 32.1m | −TWD 46.4m | −TWD 47.1m | −TWD 8.1m |
| Dividends paid | −TWD 98.4m | −TWD 71.9m | −TWD 58.8m | −TWD 40.0m | −TWD 2.0m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 265.6m | TWD 210.0m | TWD 257.0m | TWD 229.2m | TWD 163.0m | TWD 155.2m | TWD 214.2m | TWD 181.7m |
| Gross profit | TWD 196.2m | TWD 139.2m | TWD 176.9m | TWD 168.1m | TWD 117.0m | TWD 102.6m | TWD 147.7m | TWD 119.7m |
| Operating income | TWD 64.9m | TWD 39.5m | TWD 78.2m | TWD 85.7m | TWD 28.7m | TWD 21.3m | TWD 57.5m | TWD 33.0m |
| Net income | TWD 45.7m | TWD 25.6m | TWD 63.1m | TWD 68.0m | TWD 19.3m | TWD 15.0m | TWD 54.2m | TWD 29.7m |
| Diluted earnings per share | 1.64 | 0.92 | 2.26 | 2.43 | 0.69 | 0.59 | 2.32 | 1.27 |
| Cash from operations | TWD 8.0m | −TWD 46.0m | TWD 28.0m | −TWD 51.0m | TWD 13.0m | — | TWD 46.0m | −TWD 40.0m |
| Capital spending | −TWD 46.0m | −TWD 1.0m | −TWD 34.0m | −TWD 1.0m | −TWD 2.0m | −TWD 453.0m | −TWD 26.0m | −TWD 10.0m |
| Free cash flow | −TWD 38.0m | −TWD 47.0m | −TWD 6.0m | −TWD 52.0m | TWD 11.0m | — | TWD 20.0m | −TWD 50.0m |
| Total assets | TWD 2.96bn | TWD 2.31bn | TWD 2.29bn | TWD 2.19bn | TWD 2.13bn | TWD 2.20bn | TWD 2.21bn | TWD 1.43bn |
| Debt | TWD 632.0m | TWD 685.6m | TWD 678.9m | TWD 682.3m | TWD 679.8m | TWD 676.8m | TWD 674.5m | TWD 61.4m |
| Shareholders' equity | TWD 1.23bn | TWD 1.20bn | TWD 1.18bn | TWD 1.10bn | TWD 1.03bn | TWD 1.12bn | TWD 1.11bn | TWD 937.1m |
Financial ratios
Data as of 17 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Gross margin | 70.2% | 69.7% | 72.5% | 68.9% | 67.2% |
| Operating margin | 27.0% | 21.1% | 17.6% | 16.3% | 15.7% |
| Net margin | 20.6% | 17.3% | 15.0% | 13.8% | 13.0% |
| Return on equity | 14.1% | 10.4% | 8.6% | 10.5% | 16.0% |
| Return on assets | 7.2% | 5.2% | 6.1% | 6.6% | 8.8% |
| Revenue growth | 20.3% | 24.0% | 16.1% | 23.4% | — |
| Earnings growth | 43.3% | 42.4% | 27.0% | 30.3% | — |
| Current ratio | 3.02x | 4.42x | 3.36x | 2.36x | 1.74x |
| Debt to equity | 0.58x | 0.61x | 0.07x | 0.04x | 0.03x |
| Equity ratio | 51.3% | 50.4% | 70.9% | 63.0% | 55.0% |
| Interest coverage | 10.68x | 28.63x | 21.55x | 26.61x | 29.39x |
| R&D as a share of sales | 28.3% | 31.3% | 34.4% | 35.7% | 37.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 20.1% | 21.8% | — |
| Operating income | 62.0% | 56.4% | — |
| Net income | 37.3% | 49.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 69.9% | 70.3% | 69.7% | — |
| Operating margin | 22.2% | 18.3% | 17.0% | — |
| Net margin | 19.1% | 17.2% | 15.8% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | 30.4 | 40.8 | 38.2 | 33.6 |
| Price to sales | 6.3 | 7.0 | 5.8 | 4.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 2 Jul 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Paid in the year | 3.52 | 2.573 | 2.339 | 1.733 |
- 1020-for-1000 split · 4 Sept 2025
- 1020-for-1000 split · 3 Sept 2025
- 1050-for-1000 split · 27 Aug 2024
- 1088.8889-for-1000 split · 31 Aug 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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