142.00
-3.40%
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 39.59bn
FY2020FY2025
Net income
TWD 3.25bn
FY2020FY2025
Free cash flow
TWD 2.26bn
FY2020FY2025
Shareholders' equity
TWD 24.17bn
FY2020FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | TWD 39.59bn | TWD 37.69bn | TWD 28.02bn | TWD 31.34bn | TWD 19.96bn | TWD 25.71bn |
| Gross profit | TWD 6.35bn | TWD 7.46bn | TWD 3.77bn | TWD 5.69bn | TWD 2.59bn | TWD 4.78bn |
| Research and development | TWD 718.7m | TWD 675.2m | TWD 618.8m | TWD 649.9m | TWD 475.6m | TWD 517.3m |
| Operating income | TWD 3.78bn | TWD 4.75bn | TWD 1.61bn | TWD 3.72bn | TWD 702.7m | TWD 2.84bn |
| Net income | TWD 3.25bn | TWD 3.82bn | TWD 1.38bn | TWD 2.51bn | TWD 220.8m | TWD 2.07bn |
| Diluted earnings per share | 12.48 | 15.31 | 6.26 | 11.39 | 1.00 | 9.39 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Total assets | TWD 36.09bn | TWD 34.10bn | TWD 26.56bn | TWD 25.52bn | TWD 23.26bn | TWD 23.26bn |
| Cash and short-term investments | TWD 8.01bn | TWD 3.97bn | TWD 4.42bn | TWD 4.66bn | TWD 6.02bn | TWD 3.30bn |
| Total liabilities | TWD 10.93bn | TWD 8.77bn | TWD 7.83bn | TWD 6.95bn | TWD 7.38bn | TWD 6.25bn |
| Debt | TWD 6.58bn | TWD 3.76bn | TWD 4.19bn | TWD 3.95bn | TWD 4.82bn | TWD 2.93bn |
| Shareholders' equity | TWD 24.17bn | TWD 24.40bn | TWD 17.75bn | TWD 17.56bn | TWD 15.04bn | TWD 16.11bn |
| Shares outstanding | 260m | 249m | 220m | 220m | 221m | 220m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Cash from operations | TWD 3.82bn | −TWD 79.3m | TWD 2.28bn | TWD 1.95bn | TWD 3.19bn | −TWD 24.6m |
| Capital spending | −TWD 1.56bn | −TWD 2.55bn | −TWD 2.54bn | −TWD 1.46bn | −TWD 848.0m | −TWD 1.69bn |
| Free cash flow | TWD 2.26bn | −TWD 2.63bn | −TWD 253.2m | TWD 489.2m | TWD 2.34bn | −TWD 1.72bn |
| Dividends paid | −TWD 2.24bn | −TWD 660.0m | −TWD 1.10bn | −TWD 660.0m | −TWD 1.06bn | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 10.82bn | TWD 7.08bn | TWD 10.57bn | TWD 8.02bn | TWD 11.32bn | TWD 9.68bn | TWD 10.85bn | TWD 9.30bn |
| Gross profit | TWD 1.88bn | TWD 824.7m | TWD 1.67bn | TWD 1.17bn | TWD 1.81bn | TWD 1.70bn | TWD 2.02bn | TWD 1.91bn |
| Operating income | TWD 1.20bn | TWD 180.4m | TWD 723.2m | TWD 613.3m | TWD 1.13bn | TWD 1.07bn | TWD 1.29bn | TWD 1.24bn |
| Net income | TWD 942.4m | TWD 188.1m | TWD 1.00bn | TWD 509.4m | TWD 861.5m | TWD 913.5m | TWD 1.21bn | TWD 798.0m |
| Diluted earnings per share | 3.75 | 0.75 | 3.86 | 1.96 | 3.31 | 3.51 | 4.84 | 3.20 |
| Cash from operations | −TWD 60.0m | TWD 272.0m | TWD 367.0m | TWD 931.0m | TWD 2.57bn | −TWD 55.0m | TWD 123.0m | TWD 940.0m |
| Capital spending | −TWD 414.0m | −TWD 438.0m | −TWD 499.0m | −TWD 161.0m | −TWD 332.0m | −TWD 571.0m | −TWD 956.0m | −TWD 567.0m |
| Free cash flow | −TWD 474.0m | −TWD 166.0m | −TWD 132.0m | TWD 770.0m | TWD 2.24bn | −TWD 626.0m | −TWD 833.0m | TWD 373.0m |
| Total assets | TWD 35.35bn | TWD 35.14bn | TWD 36.09bn | TWD 31.26bn | TWD 30.33bn | TWD 34.63bn | TWD 34.10bn | TWD 30.87bn |
| Cash and short-term investments | TWD 6.36bn | TWD 7.06bn | TWD 8.01bn | TWD 4.30bn | TWD 4.18bn | TWD 3.98bn | TWD 3.97bn | TWD 3.50bn |
| Debt | TWD 47.3m | TWD 4.76bn | TWD 6.63bn | TWD 3.37bn | TWD 2.14bn | TWD 3.01bn | TWD 3.36bn | TWD 2.33bn |
| Shareholders' equity | TWD 23.32bn | TWD 24.73bn | TWD 24.17bn | TWD 22.18bn | TWD 21.04bn | TWD 25.48bn | TWD 24.40bn | TWD 23.08bn |
Financial ratios
Data as of 18 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 16.0% | 19.8% | 13.5% | 18.2% | 13.0% | 18.6% |
| Operating margin | 9.5% | 12.6% | 5.7% | 11.9% | 3.5% | 11.2% |
| Net margin | 8.2% | 10.1% | 4.9% | 8.0% | 1.1% | 8.0% |
| Return on equity | 13.4% | 15.6% | 7.8% | 14.3% | 1.5% | 12.8% |
| Return on assets | 9.0% | 11.2% | 5.2% | 9.8% | 0.9% | 8.9% |
| Free cash flow yield | 14.0% | 6.7% | 14.8% | — | — | — |
| Revenue growth | 5.1% | 34.5% | -10.6% | 57.0% | -22.4% | — |
| Earnings growth | -14.9% | 177.0% | -45.0% | 1034.5% | -89.3% | — |
| Current ratio | 4.02x | 2.43x | 1.94x | 2.32x | 2.02x | 2.02x |
| Debt to equity | 0.27x | 0.14x | 0.21x | 0.20x | 0.30x | 0.18x |
| Equity ratio | 67.0% | 71.6% | 66.8% | 68.8% | 64.7% | 69.3% |
| Interest coverage | 22.42x | 27.11x | 8.16x | 30.82x | 11.92x | 41.33x |
| R&D as a share of sales | 1.8% | 1.8% | 2.2% | 2.1% | 2.4% | 2.0% |
| Buybacks as a share of market value | -4.3% | -13.3% | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 8.1% | 9.0% | — |
| Operating income | 0.5% | 5.9% | — |
| Net income | 9.0% | 9.5% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 17.9% | 17.0% | 16.8% | — |
| Operating margin | 11.0% | 10.1% | 9.5% | — |
| Net margin | 9.1% | 8.0% | 7.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | |
|---|---|---|
| Price to earnings | 20.1 | 24.9 |
| Price to sales | 1.6 | 2.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 26 Jun 2025.
| FY2025 | FY2024 | |
|---|---|---|
| Paid in the year | 9.00 | 4.411 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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