S
207.50
+7.51%
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 2.24bn
FY2020FY2025
Net income
TWD 202.8m
FY2020FY2025
Free cash flow
−TWD 61.2m
FY2020FY2025
Shareholders' equity
TWD 3.45bn
FY2020FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | TWD 2.24bn | TWD 2.59bn | TWD 1.99bn | TWD 1.82bn | TWD 1.66bn | TWD 998.6m |
| Gross profit | TWD 899.9m | TWD 1.14bn | TWD 877.1m | TWD 846.0m | TWD 662.5m | TWD 390.2m |
| Research and development | TWD 254.5m | TWD 273.3m | TWD 202.4m | TWD 265.6m | TWD 227.3m | TWD 143.3m |
| Operating income | TWD 194.0m | TWD 409.1m | TWD 322.6m | TWD 378.2m | TWD 271.1m | TWD 88.0m |
| Net income | TWD 202.8m | TWD 406.8m | TWD 306.7m | TWD 316.9m | TWD 177.4m | TWD 9.1m |
| Diluted earnings per share | 3.01 | 6.04 | 4.77 | 5.41 | 3.68 | 0.26 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Total assets | TWD 4.58bn | TWD 4.22bn | TWD 4.14bn | TWD 2.97bn | TWD 2.19bn | TWD 2.46bn |
| Cash and short-term investments | TWD 670.9m | TWD 900.7m | TWD 1.21bn | TWD 554.1m | TWD 300.4m | TWD 426.1m |
| Total liabilities | TWD 1.08bn | TWD 805.8m | TWD 1.02bn | TWD 1.12bn | TWD 1.13bn | TWD 1.97bn |
| Debt | TWD 312.4m | TWD 229.7m | TWD 525.0m | TWD 371.0m | TWD 800.8m | TWD 1.49bn |
| Shareholders' equity | TWD 3.45bn | TWD 3.41bn | TWD 3.13bn | TWD 1.85bn | TWD 1.06bn | TWD 474.9m |
| Shares outstanding | 67m | 67m | 64m | 59m | 48m | 35m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Cash from operations | TWD 37.6m | TWD 225.4m | TWD 45.5m | TWD 273.1m | TWD 237.7m | TWD 8.0m |
| Capital spending | −TWD 98.8m | −TWD 84.9m | −TWD 500.0m | −TWD 60.9m | −TWD 34.8m | −TWD 481.5m |
| Free cash flow | −TWD 61.2m | TWD 140.6m | −TWD 454.5m | TWD 212.2m | TWD 203.0m | −TWD 473.5m |
| Dividends paid | −TWD 141.7m | −TWD 135.0m | −TWD 60.7m | — | — | — |
Latest quarters
By quarter end
| Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 582.4m | TWD 721.7m | TWD 549.5m | TWD 512.3m | TWD 461.2m | TWD 1.02bn | TWD 563.6m | TWD 495.6m |
| Gross profit | TWD 243.3m | TWD 305.2m | TWD 200.6m | TWD 200.9m | TWD 193.3m | TWD 437.1m | TWD 246.1m | TWD 221.5m |
| Operating income | TWD 75.6m | TWD 109.9m | TWD 26.4m | TWD 33.0m | TWD 29.0m | TWD 163.2m | TWD 84.4m | TWD 76.1m |
| Net income | TWD 61.8m | TWD 73.1m | TWD 61.6m | TWD 19.1m | TWD 49.0m | TWD 145.6m | TWD 82.9m | TWD 94.0m |
| Diluted earnings per share | 0.96 | 1.08 | 0.91 | 0.28 | 0.73 | 2.16 | 1.23 | 1.40 |
| Cash from operations | −TWD 102.0m | TWD 95.0m | −TWD 158.0m | TWD 44.0m | TWD 56.0m | TWD 52.0m | TWD 167.0m | −TWD 45.0m |
| Capital spending | −TWD 5.0m | −TWD 23.0m | −TWD 4.0m | −TWD 39.0m | −TWD 38.0m | −TWD 60.0m | −TWD 11.0m | −TWD 5.0m |
| Free cash flow | −TWD 107.0m | TWD 72.0m | −TWD 162.0m | TWD 5.0m | TWD 18.0m | −TWD 8.0m | TWD 156.0m | −TWD 50.0m |
| Total assets | TWD 4.52bn | TWD 4.58bn | TWD 4.27bn | TWD 4.30bn | TWD 4.37bn | TWD 4.22bn | TWD 4.01bn | TWD 4.10bn |
| Cash and short-term investments | TWD 521.6m | TWD 670.9m | TWD 556.4m | TWD 878.8m | TWD 922.1m | TWD 900.7m | TWD 908.1m | TWD 912.7m |
| Debt | TWD 267.1m | TWD 323.4m | TWD 30.8m | TWD 210.5m | TWD 225.4m | TWD 212.5m | TWD 209.6m | TWD 233.2m |
| Shareholders' equity | TWD 3.43bn | TWD 3.45bn | TWD 3.36bn | TWD 3.28bn | TWD 3.33bn | TWD 3.41bn | TWD 3.26bn | TWD 3.18bn |
Financial ratios
Data as of 30 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 40.1% | 44.0% | 44.0% | 46.6% | 40.0% | 39.1% |
| Operating margin | 8.6% | 15.8% | 16.2% | 20.8% | 16.4% | 8.8% |
| Net margin | 9.0% | 15.7% | 15.4% | 17.5% | 10.7% | 0.9% |
| Return on equity | 5.9% | 11.9% | 9.8% | 17.1% | 16.7% | 1.9% |
| Return on assets | 4.4% | 9.6% | 7.4% | 10.7% | 8.1% | 0.4% |
| Free cash flow yield | 0.7% | 1.5% | 2.8% | 1.9% | — | — |
| Revenue growth | -13.3% | 29.9% | 9.8% | 9.6% | 65.8% | — |
| Earnings growth | -50.2% | 32.7% | -3.2% | 78.6% | 1854.0% | — |
| Current ratio | 3.54x | 5.15x | 4.94x | 2.61x | 1.67x | 0.97x |
| Debt to equity | 0.09x | 0.06x | 0.17x | 0.20x | 0.72x | 2.46x |
| Equity ratio | 75.3% | 80.9% | 75.5% | 62.3% | 48.3% | 19.3% |
| Interest coverage | 40.24x | 79.51x | 38.78x | 35.25x | 8.48x | 9.06x |
| R&D as a share of sales | 11.3% | 10.6% | 10.2% | 14.6% | 13.7% | 14.3% |
| Buybacks as a share of market value | -0.0% | -4.7% | -9.9% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 7.3% | 17.6% | — |
| Operating income | -19.9% | 17.1% | — |
| Net income | -13.8% | 86.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 42.2% | 43.5% | 42.6% | — |
| Operating margin | 12.5% | 15.1% | 14.7% | — |
| Net margin | 12.6% | 14.3% | 12.6% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Price to earnings | 80.1 | 60.8 | 49.4 |
| Price to sales | 7.2 | 9.6 | 7.6 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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