C 
28.45
+2.34%
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 596.9m
FY2016FY2025
Net income
TWD 57.1m
FY2016FY2025
Free cash flow
−TWD 38.0m
FY2016FY2025
Shareholders' equity
TWD 461.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 596.9m | TWD 176.7m | TWD 333.0m | TWD 207.4m | TWD 66.3m | TWD 145.3m | TWD 327.9m | TWD 78.7m | TWD 18.0m | TWD 174.1m |
| Gross profit | TWD 172.3m | TWD 6.5m | TWD 89.3m | TWD 49.6m | −TWD 26.5m | TWD 17.2m | TWD 72.7m | −TWD 4.5m | −TWD 18.3m | TWD 38.5m |
| Research and development | TWD 33.9m | TWD 44.0m | TWD 26.2m | TWD 31.3m | TWD 36.8m | TWD 28.0m | TWD 21.8m | TWD 18.6m | TWD 20.9m | TWD 17.3m |
| Operating income | — | −TWD 107.5m | TWD 2.5m | −TWD 31.8m | −TWD 117.7m | −TWD 77.9m | −TWD 26.5m | −TWD 91.1m | −TWD 116.9m | −TWD 59.2m |
| Net income | TWD 57.1m | −TWD 96.2m | TWD 8,000 | −TWD 24.5m | −TWD 121.3m | −TWD 59.4m | −TWD 30.2m | −TWD 153.5m | −TWD 170.3m | −TWD 53.7m |
| Diluted earnings per share | 0.92 | -1.54 | 0.00 | -0.41 | -2.03 | -0.99 | -0.51 | -2.67 | -2.97 | -0.95 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 1.32bn | TWD 1.07bn | TWD 1.12bn | TWD 1.08bn | TWD 1.03bn | TWD 1.15bn | TWD 1.30bn | TWD 1.01bn | TWD 1.11bn | TWD 1.28bn |
| Cash and short-term investments | — | — | — | — | — | TWD 212.4m | TWD 350.4m | TWD 122.4m | TWD 236.2m | TWD 364.7m |
| Total liabilities | TWD 799.0m | TWD 601.1m | TWD 566.7m | TWD 624.7m | TWD 548.6m | TWD 610.1m | TWD 691.5m | TWD 554.4m | TWD 524.9m | TWD 534.4m |
| Debt | — | — | — | TWD 180.0m | TWD 255.0m | TWD 513.2m | TWD 556.2m | TWD 448.0m | TWD 433.0m | TWD 425.0m |
| Shareholders' equity | TWD 461.7m | TWD 404.4m | TWD 498.8m | TWD 397.7m | TWD 419.8m | TWD 539.8m | TWD 613.0m | TWD 457.7m | TWD 587.5m | TWD 745.7m |
| Shares outstanding | 62m | 62m | 62m | 60m | 60m | 60m | 59m | 57m | 57m | 57m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 36.1m | −TWD 86.5m | −TWD 100.0m | −TWD 86.6m | −TWD 28.2m | −TWD 58.1m | −TWD 16.0m | −TWD 82.3m | −TWD 112.3m | TWD 1.3m |
| Capital spending | −TWD 1.9m | −TWD 6.8m | −TWD 2.4m | −TWD 2.5m | −TWD 2.1m | −TWD 6.1m | −TWD 7.0m | −TWD 6.2m | −TWD 6.8m | −TWD 149.0m |
| Free cash flow | −TWD 38.0m | −TWD 93.3m | −TWD 102.5m | −TWD 89.1m | −TWD 30.3m | −TWD 64.2m | −TWD 23.0m | −TWD 88.4m | −TWD 119.1m | −TWD 147.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 179.9m | TWD 165.4m | TWD 185.9m | TWD 210.2m | TWD 162.6m | TWD 38.2m | TWD 89.8m | TWD 51.1m |
| Gross profit | TWD 25.6m | TWD 56.1m | TWD 33.7m | TWD 68.8m | TWD 46.7m | TWD 23.2m | TWD 8.5m | TWD 11.7m |
| Operating income | −TWD 10.8m | — | — | TWD 47.3m | TWD 16.0m | −TWD 12.8m | −TWD 23.4m | −TWD 21.7m |
| Net income | −TWD 13.3m | TWD 15.2m | TWD 6.8m | TWD 42.8m | TWD 18.9m | −TWD 11.4m | −TWD 17.5m | −TWD 17.6m |
| Diluted earnings per share | -0.21 | 0.24 | 0.11 | 0.69 | 0.30 | -0.18 | -0.28 | -0.28 |
| Cash from operations | TWD 103.0m | −TWD 92.0m | TWD 54.0m | −TWD 57.0m | −TWD 4.0m | −TWD 27.0m | −TWD 40.0m | −TWD 34.0m |
| Capital spending | — | −TWD 1.0m | — | −TWD 1.0m | — | — | −TWD 5.0m | −TWD 1.0m |
| Free cash flow | — | −TWD 93.0m | — | −TWD 58.0m | — | — | −TWD 45.0m | −TWD 35.0m |
| Total assets | TWD 1.43bn | TWD 1.35bn | TWD 1.32bn | TWD 1.26bn | TWD 1.15bn | TWD 1.10bn | TWD 1.07bn | TWD 1.02bn |
| Shareholders' equity | TWD 482.9m | TWD 477.0m | TWD 461.7m | TWD 454.8m | TWD 412.0m | TWD 393.1m | TWD 404.4m | TWD 421.7m |
Financial ratios
Data as of 26 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Gross margin | 28.9% | 3.7% | 26.8% | 23.9% | -39.9% |
| Operating margin | 10.8% | -51.0% | 4.5% | -8.3% | -179.9% |
| Net margin | 9.6% | -54.4% | 0.0% | -11.8% | -183.0% |
| Return on equity | 12.4% | -23.8% | 0.0% | -6.1% | -28.9% |
| Return on assets | 4.3% | -8.9% | 0.0% | -2.3% | -11.8% |
| Revenue growth | 237.8% | -46.9% | 60.6% | 212.8% | — |
| Earnings growth | -159.4% | -1202412.5% | -100.0% | -79.8% | — |
| Current ratio | 1.25x | 1.20x | 1.43x | 1.93x | 5.63x |
| Debt to equity | — | 0.00x | 0.00x | 0.45x | 0.61x |
| Equity ratio | 34.9% | 37.6% | 44.5% | 36.9% | 40.9% |
| Interest coverage | 4.80x | -7.99x | 1.14x | -1.56x | -12.67x |
| R&D as a share of sales | 5.7% | 24.9% | 7.9% | 15.1% | 55.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 42.2% | 32.7% | 23.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 23.1% | 24.2% | 20.2% | 18.0% |
| Net margin | -5.1% | -4.8% | -16.0% | -33.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 52.2 | -17.7 | — | -91.1 | -21.0 | -40.1 | -82.7 | -23.2 | -13.8 | -54.4 |
| Price to sales | 5.0 | 9.6 | 6.9 | 10.7 | 38.5 | 16.4 | 7.6 | 45.3 | 130.7 | 16.8 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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