C 
39.60
+3.94%
Close of 9 Nov 2026, in TWD
Search any instrument
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 29.4m
FY2021FY2025
Net income
−TWD 97.8m
FY2021FY2025
Free cash flow
−TWD 83.2m
FY2021FY2025
Shareholders' equity
TWD 465.5m
FY2021FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | TWD 29.4m | TWD 39.9m | TWD 69.9m | TWD 57.7m | TWD 103.4m |
| Gross profit | −TWD 23.9m | −TWD 16.4m | −TWD 6.7m | TWD 17.7m | TWD 35.6m |
| Research and development | TWD 16.5m | TWD 2.1m | TWD 6.6m | TWD 263,000 | TWD 313,000 |
| Operating income | −TWD 96.1m | −TWD 69.8m | −TWD 53.6m | TWD 7.4m | TWD 29.7m |
| Net income | −TWD 97.8m | −TWD 70.6m | −TWD 52.9m | TWD 7.3m | TWD 25.1m |
| Diluted earnings per share | -3.61 | -3.24 | -1.95 | 0.27 | 0.93 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Total assets | TWD 500.7m | TWD 173.2m | TWD 145.2m | TWD 51.6m | TWD 57.5m |
| Cash and short-term investments | — | TWD 13.7m | TWD 34.7m | TWD 12.2m | TWD 14.3m |
| Total liabilities | TWD 35.2m | TWD 104.0m | TWD 37.3m | TWD 6.9m | TWD 20.1m |
| Debt | TWD 4.9m | TWD 91.7m | TWD 21.7m | TWD 162,000 | TWD 13.2m |
| Shareholders' equity | TWD 465.5m | TWD 69.2m | TWD 108.0m | TWD 44.7m | TWD 37.4m |
| Shares outstanding | 27m | 22m | 27m | 27m | 27m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash from operations | −TWD 75.3m | −TWD 84.1m | −TWD 83.0m | TWD 1.2m | TWD 60.8m |
| Capital spending | −TWD 7.9m | −TWD 15.2m | −TWD 12.6m | −TWD 4.6m | — |
| Free cash flow | −TWD 83.2m | −TWD 99.3m | −TWD 95.6m | −TWD 3.4m | TWD 60.8m |
Latest quarters
By quarter end
| Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Jun 2022 | |
|---|---|---|---|---|---|---|---|
| Revenue | TWD 13.3m | TWD 13.5m | TWD 26.5m | TWD 60.8m | TWD 9.1m | TWD 18.0m | TWD 39.7m |
| Gross profit | −TWD 4.1m | −TWD 13.6m | −TWD 2.7m | −TWD 1.0m | −TWD 5.7m | −TWD 737,000 | TWD 18.4m |
| Operating income | −TWD 22.5m | −TWD 47.6m | −TWD 22.3m | −TWD 36.5m | −TWD 17.1m | −TWD 10.2m | TWD 15.9m |
| Net income | −TWD 23.6m | −TWD 49.1m | −TWD 21.5m | −TWD 36.0m | −TWD 17.0m | −TWD 8.5m | TWD 15.9m |
| Diluted earnings per share | -0.95 | -2.19 | -0.97 | -4.32 | -1.13 | -0.57 | 1.06 |
| Total assets | TWD 203.6m | TWD 173.2m | TWD 166.8m | TWD 145.2m | TWD 155.1m | TWD 51.6m | TWD 62.7m |
| Cash and short-term investments | — | TWD 13.7m | TWD 48.8m | TWD 34.7m | TWD 99.0m | TWD 12.2m | TWD 16.3m |
| Debt | TWD 6.1m | TWD 74.2m | TWD 18.8m | TWD 6.6m | TWD 4.5m | TWD 162,000 | — |
| Shareholders' equity | TWD 122.6m | TWD 69.2m | TWD 118.3m | TWD 108.0m | TWD 127.8m | TWD 44.7m | TWD 53.3m |
Financial ratios
Data as of 2 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | -81.5% | -41.0% | -9.6% | 30.7% | 34.4% | — |
| Operating margin | -327.5% | -175.3% | -75.3% | 12.8% | 28.7% | — |
| Net margin | -333.1% | -176.9% | -75.7% | 12.7% | 24.3% | — |
| Return on equity | -21.0% | -102.1% | -49.0% | 16.4% | 67.1% | — |
| Return on assets | -19.5% | -40.8% | -36.5% | 14.2% | 43.7% | — |
| Free cash flow yield | -6.1% | -7.7% | — | — | — | — |
| Revenue growth | -26.5% | -42.9% | 21.2% | -44.2% | — | — |
| Earnings growth | 38.5% | 33.4% | -822.2% | -70.8% | — | — |
| Current ratio | 18.65x | 1.42x | 4.92x | 5.13x | 1.58x | 0.63x |
| Debt to equity | 0.01x | 1.07x | 0.15x | 0.00x | 0.35x | 1.01x |
| Equity ratio | 93.0% | 39.9% | 74.3% | 86.6% | 65.1% | 12.6% |
| Interest coverage | -58.08x | -113.50x | -165.48x | 96.21x | 6.43x | — |
| R&D as a share of sales | 56.1% | 5.1% | 9.4% | 0.5% | 0.3% | — |
| Buybacks as a share of market value | -24.1% | — | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -21.6% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -58.1% | -14.9% | — | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Price to earnings | -13.4 | -9.8 | -19.3 |
| Price to sales | 47.3 | 17.6 | 14.7 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.