E
17.10
+2.40%
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 388.8m
FY2016FY2025
Net income
−TWD 56.3m
FY2016FY2025
Free cash flow
−TWD 88.0m
FY2016FY2025
Shareholders' equity
TWD 795.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 388.8m | TWD 342.7m | TWD 381.6m | TWD 352.8m | TWD 229.1m | TWD 276.6m | TWD 283.6m | TWD 377.8m | TWD 145.8m | TWD 109.7m |
| Research and development | TWD 15.2m | TWD 15.7m | TWD 14.4m | TWD 8.8m | TWD 11.6m | TWD 9.9m | TWD 11.7m | TWD 5.8m | TWD 5.2m | TWD 7.9m |
| Operating income | −TWD 83.8m | −TWD 49.2m | TWD 5.2m | TWD 32.9m | −TWD 25.4m | −TWD 42.6m | TWD 16.4m | TWD 76.0m | −TWD 2.0m | −TWD 44.9m |
| Net income | −TWD 56.3m | −TWD 6.8m | TWD 122.1m | TWD 14.2m | −TWD 49.5m | −TWD 60.8m | TWD 3.4m | TWD 69.8m | −TWD 15.9m | −TWD 52.1m |
| Diluted earnings per share | -0.55 | -0.07 | 1.20 | 0.14 | -0.48 | -0.63 | 0.04 | 0.82 | -0.19 | -0.65 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 2.19bn | TWD 2.21bn | TWD 2.23bn | TWD 1.21bn | TWD 1.07bn | TWD 1.16bn | TWD 1.23bn | TWD 932.7m | TWD 786.4m | TWD 801.3m |
| Cash and short-term investments | — | TWD 116.1m | TWD 119.1m | TWD 162.4m | TWD 33.7m | TWD 128.4m | TWD 10.3m | TWD 42.9m | TWD 20.9m | TWD 50.1m |
| Total liabilities | TWD 1.01bn | TWD 907.1m | TWD 776.2m | TWD 442.6m | TWD 330.5m | TWD 344.5m | TWD 478.4m | TWD 370.0m | TWD 295.4m | TWD 294.4m |
| Debt | TWD 499.0m | TWD 847.1m | TWD 677.1m | TWD 379.7m | TWD 290.1m | TWD 283.6m | TWD 417.1m | TWD 272.1m | TWD 220.9m | TWD 246.3m |
| Shareholders' equity | TWD 795.4m | TWD 855.5m | TWD 907.7m | TWD 763.9m | TWD 739.7m | TWD 812.4m | TWD 754.8m | TWD 562.7m | TWD 491.0m | TWD 506.9m |
| Shares outstanding | 102m | 102m | 102m | 102m | 102m | 97m | 90m | 85m | 85m | 80m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 8.8m | −TWD 7.7m | TWD 68.7m | TWD 120.1m | TWD 18.4m | TWD 12.9m | TWD 79.2m | TWD 87.7m | TWD 55.1m | −TWD 12.8m |
| Capital spending | −TWD 96.8m | −TWD 122.6m | −TWD 59.0m | −TWD 12.2m | −TWD 1.7m | −TWD 11.5m | −TWD 341.1m | −TWD 9.2m | −TWD 49.5m | −TWD 23.5m |
| Free cash flow | −TWD 88.0m | −TWD 130.3m | TWD 9.8m | TWD 108.0m | TWD 16.7m | TWD 1.5m | −TWD 261.9m | TWD 78.5m | TWD 5.6m | −TWD 36.4m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | Dec 2021 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 181.3m | TWD 153.3m | TWD 189.4m | TWD 196.8m | TWD 184.8m | TWD 217.7m | TWD 135.2m | TWD 114.6m |
| Operating income | −TWD 37.8m | −TWD 38.1m | −TWD 11.1m | TWD 41.9m | TWD 25.8m | TWD 30.6m | −TWD 13.5m | −TWD 23.2m |
| Net income | −TWD 13.5m | −TWD 27.6m | TWD 20.7m | TWD 42.0m | TWD 80.1m | TWD 20.2m | −TWD 6.1m | −TWD 24.7m |
| Diluted earnings per share | -0.13 | -0.27 | 0.20 | 0.41 | 0.78 | 0.20 | -0.06 | -0.24 |
| Cash from operations | TWD 100.0m | TWD 14.0m | TWD 2.0m | TWD 99.0m | −TWD 35.0m | TWD 113.0m | — | TWD 9.0m |
| Capital spending | −TWD 60.0m | −TWD 60.0m | −TWD 58.0m | −TWD 30.0m | −TWD 26.0m | −TWD 8.0m | — | — |
| Free cash flow | TWD 40.0m | −TWD 46.0m | −TWD 56.0m | TWD 69.0m | −TWD 61.0m | TWD 105.0m | — | — |
| Total assets | TWD 2.20bn | TWD 2.21bn | TWD 2.26bn | TWD 2.23bn | TWD 2.16bn | TWD 1.21bn | — | TWD 1.07bn |
| Cash and short-term investments | TWD 113.1m | TWD 116.1m | TWD 133.1m | TWD 119.1m | TWD 88.1m | TWD 162.4m | — | TWD 33.7m |
| Debt | TWD 770.0m | TWD 842.1m | TWD 740.6m | TWD 200.5m | TWD 209.2m | TWD 186.0m | — | TWD 114.2m |
| Shareholders' equity | TWD 816.3m | TWD 855.5m | TWD 949.1m | TWD 907.7m | TWD 830.2m | TWD 763.9m | — | TWD 739.7m |
Financial ratios
Data as of 23 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -25.4% | -12.1% | 22.9% | 5.4% | -9.8% | -10.4% |
| Net margin | -14.5% | -2.0% | 32.0% | 4.0% | -21.6% | -22.0% |
| Return on equity | -7.1% | -0.8% | 13.5% | 1.9% | -6.7% | -7.5% |
| Return on assets | -2.6% | -0.3% | 5.5% | 1.2% | -4.6% | -5.3% |
| Free cash flow yield | 5.9% | 6.4% | 7.1% | 7.3% | 1.1% | 1.4% |
| Revenue growth | 13.4% | -10.2% | 8.1% | 54.0% | -17.2% | -2.5% |
| Earnings growth | 724.1% | -105.6% | 762.8% | -128.6% | -18.7% | -1866.2% |
| Current ratio | 0.59x | 0.79x | 0.94x | 1.01x | 0.84x | 1.49x |
| Debt to equity | 0.63x | 0.98x | 0.74x | 0.50x | 0.39x | 0.14x |
| Equity ratio | 36.3% | 38.7% | 40.8% | 63.3% | 69.1% | 70.2% |
| Interest coverage | -5.82x | -2.62x | 5.86x | 3.93x | -5.06x | -4.77x |
| R&D as a share of sales | 3.9% | 4.6% | 3.8% | 2.5% | 5.1% | 3.6% |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | -4.9% | -7.9% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.3% | 7.0% | — |
| Operating income | — | 14.5% | — |
| Net income | — | -1.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | -67.1 | -809.5 | 39.9 | 251.5 | -35.6 | -28.1 |
| Price to sales | 9.7 | 16.1 | 12.8 | 10.1 | 7.7 | 6.2 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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