W 
125.50
+4.58%
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 850.8m
FY2019FY2025
Net income
TWD 123.2m
FY2019FY2025
Free cash flow
−TWD 104.2m
FY2019FY2025
Shareholders' equity
TWD 1.06bn
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | TWD 850.8m | TWD 413.8m | TWD 411.4m | TWD 437.2m | TWD 362.2m | TWD 280.4m | TWD 145.2m |
| Research and development | TWD 59.8m | TWD 43.0m | TWD 45.0m | TWD 41.6m | TWD 36.6m | TWD 17.0m | TWD 2.6m |
| Operating income | TWD 141.0m | TWD 94.6m | TWD 100.1m | TWD 141.8m | TWD 111.8m | TWD 80.6m | TWD 13.8m |
| Net income | TWD 123.2m | TWD 86.8m | TWD 86.8m | TWD 113.8m | TWD 90.4m | TWD 63.5m | TWD 8.5m |
| Diluted earnings per share | 3.61 | 2.55 | 2.54 | 3.67 | 2.92 | 2.05 | 0.27 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | TWD 1.36bn | TWD 1.18bn | TWD 1.09bn | TWD 751.4m | TWD 675.8m | TWD 627.6m | TWD 280.8m |
| Cash and short-term investments | — | — | — | — | — | TWD 296.6m | TWD 25.9m |
| Total liabilities | TWD 298.7m | TWD 156.0m | TWD 86.0m | TWD 119.4m | TWD 80.7m | TWD 67.4m | TWD 76.2m |
| Debt | — | TWD 43.6m | TWD 13.1m | TWD 10.2m | TWD 11.0m | TWD 1.6m | TWD 54.8m |
| Shareholders' equity | TWD 1.06bn | TWD 1.02bn | TWD 1.01bn | TWD 632.0m | TWD 595.1m | TWD 560.2m | TWD 204.6m |
| Shares outstanding | 34m | 34m | 34m | 31m | 31m | 31m | 31m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 54.1m | TWD 63.4m | TWD 160.1m | TWD 21.3m | TWD 70.7m | TWD 75.2m | TWD 2.2m |
| Capital spending | −TWD 158.3m | −TWD 58.7m | −TWD 23.3m | −TWD 21.7m | −TWD 30.0m | −TWD 26.8m | −TWD 9.6m |
| Free cash flow | −TWD 104.2m | TWD 4.7m | TWD 136.9m | −TWD 428,000 | TWD 40.7m | TWD 48.4m | −TWD 7.3m |
| Dividends paid | −TWD 78.4m | −TWD 75.0m | −TWD 107.0m | −TWD 77.5m | −TWD 55.8m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 111.3m | TWD 96.8m | TWD 281.7m | TWD 278.6m | TWD 185.8m | TWD 104.7m | TWD 156.3m | TWD 98.4m |
| Operating income | −TWD 71.2m | −TWD 2.3m | TWD 31.1m | TWD 57.7m | TWD 40.7m | TWD 11.5m | TWD 46.1m | TWD 25.6m |
| Net income | −TWD 70.5m | −TWD 138,000 | TWD 34.1m | TWD 54.0m | TWD 22.6m | TWD 12.5m | TWD 42.0m | TWD 21.8m |
| Diluted earnings per share | -2.07 | -0.00 | 1.00 | 1.58 | 0.66 | 0.37 | 1.23 | 0.64 |
| Cash from operations | −TWD 10.0m | TWD 92.0m | TWD 64.0m | −TWD 52.0m | TWD 37.0m | TWD 4.0m | TWD 19.0m | TWD 9.0m |
| Capital spending | −TWD 44.0m | −TWD 49.0m | −TWD 24.0m | — | −TWD 13.0m | −TWD 60.0m | −TWD 24.0m | −TWD 27.0m |
| Free cash flow | −TWD 54.0m | TWD 43.0m | TWD 40.0m | — | TWD 24.0m | −TWD 56.0m | −TWD 5.0m | −TWD 18.0m |
| Total assets | TWD 1.06bn | TWD 1.23bn | TWD 1.36bn | TWD 1.31bn | TWD 1.21bn | TWD 1.19bn | TWD 1.18bn | TWD 1.08bn |
| Cash and short-term investments | — | — | — | TWD 265.3m | — | — | — | — |
| Debt | — | — | — | TWD 24.9m | — | — | — | — |
| Shareholders' equity | TWD 895.3m | TWD 965.8m | TWD 1.06bn | TWD 1.03bn | TWD 976.7m | TWD 954.2m | TWD 1.02bn | TWD 978.1m |
Financial ratios
Data as of 14 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Operating margin | 17.6% | 25.7% | 25.7% | 32.7% | 30.9% |
| Net margin | 14.5% | 21.0% | 21.1% | 26.0% | 25.0% |
| Return on equity | 11.6% | 8.5% | 8.6% | 18.0% | 15.2% |
| Return on assets | 9.0% | 7.4% | 7.9% | 15.1% | 13.4% |
| Revenue growth | 105.6% | 0.6% | -5.9% | 20.7% | — |
| Earnings growth | 41.9% | 0.0% | -23.7% | 25.9% | — |
| Current ratio | 3.16x | 6.32x | 9.75x | 4.43x | 5.68x |
| Equity ratio | 78.1% | 86.7% | 92.1% | 84.1% | 88.1% |
| Interest coverage | 119.67x | 180.17x | 258.87x | 876.09x | 1597.03x |
| R&D as a share of sales | 7.0% | 10.4% | 10.9% | 9.5% | 10.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 24.8% | 24.9% | — |
| Operating income | -0.2% | 11.8% | — |
| Net income | 2.7% | 14.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 18.6% | 22.6% | 24.3% | — |
| Net margin | 16.6% | 19.4% | 20.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | 53.1 | 75.0 | 43.8 | 22.6 |
| Price to sales | 7.7 | 15.7 | 9.2 | 5.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 10 Apr 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Paid in the year | 2.90 | 2.30 | 2.20 | 3.45 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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