L 
19.00
+0.80%
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 251.5m
FY2016FY2025
Net income
−TWD 50.6m
FY2016FY2025
Free cash flow
−TWD 143.1m
FY2016FY2025
Shareholders' equity
TWD 763.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 251.5m | TWD 777.6m | TWD 203.6m | TWD 205.8m | TWD 52.1m | TWD 61.9m | TWD 81.1m | TWD 105.9m | TWD 140.7m | TWD 126.0m |
| Gross profit | TWD 31.3m | TWD 113.0m | TWD 54.7m | TWD 72.9m | −TWD 3.4m | TWD 9.9m | TWD 14.0m | TWD 8.3m | TWD 28.8m | TWD 29.4m |
| Operating income | −TWD 51.0m | — | — | TWD 55.5m | −TWD 42.0m | −TWD 12.9m | −TWD 10.3m | −TWD 19.7m | −TWD 6.2m | −TWD 2.6m |
| Net income | −TWD 50.6m | TWD 22.2m | TWD 119.2m | TWD 37.4m | −TWD 24.5m | −TWD 5.8m | TWD 1.0m | −TWD 17.9m | TWD 8.7m | TWD 2.6m |
| Diluted earnings per share | -1.33 | 0.57 | 3.87 | 1.24 | -0.81 | -0.19 | 0.03 | -0.58 | 0.28 | 0.08 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 1.89bn | TWD 1.42bn | TWD 1.06bn | TWD 838.5m | TWD 467.6m | TWD 343.5m | TWD 324.9m | TWD 348.7m | TWD 414.7m | TWD 412.1m |
| Cash and short-term investments | — | — | — | — | — | TWD 68.2m | TWD 53.2m | TWD 61.5m | TWD 92.9m | TWD 104.6m |
| Total liabilities | TWD 1.13bn | TWD 586.9m | TWD 629.2m | TWD 542.9m | TWD 209.7m | TWD 63.7m | TWD 48.0m | TWD 71.2m | TWD 104.3m | TWD 109.0m |
| Debt | TWD 584.7m | TWD 130.4m | TWD 65.8m | TWD 129.3m | — | TWD 50.6m | TWD 35.9m | TWD 56.4m | TWD 81.3m | TWD 83.9m |
| Shareholders' equity | TWD 763.6m | TWD 830.9m | TWD 430.3m | TWD 295.6m | TWD 257.9m | TWD 279.9m | TWD 276.9m | TWD 277.4m | TWD 310.3m | TWD 303.1m |
| Shares outstanding | 38m | 39m | 31m | 30m | 30m | 31m | 31m | 31m | 31m | 32m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 140.1m | −TWD 278.0m | TWD 92.5m | TWD 82.8m | −TWD 17.9m | TWD 15.1m | TWD 13.3m | −TWD 1.6m | −TWD 4.6m | TWD 10.5m |
| Capital spending | −TWD 3.0m | −TWD 78.1m | −TWD 68.3m | −TWD 133.3m | −TWD 6.2m | −TWD 976,000 | — | — | −TWD 1.6m | −TWD 608,000 |
| Free cash flow | −TWD 143.1m | −TWD 356.1m | TWD 24.2m | −TWD 50.4m | −TWD 24.1m | TWD 14.1m | TWD 13.3m | −TWD 1.6m | −TWD 6.2m | TWD 9.9m |
| Dividends paid | −TWD 39.0m | −TWD 19.2m | — | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 209.0m | TWD 276.7m | TWD 33.6m | TWD 89.0m | TWD 35.7m | TWD 93.2m | TWD 137.8m | TWD 68.0m |
| Gross profit | TWD 18.9m | TWD 53.4m | TWD 9.6m | TWD 6.4m | TWD 2.4m | TWD 19.3m | TWD 29.6m | TWD 18.2m |
| Operating income | −TWD 6.1m | TWD 46.0m | −TWD 15.3m | −TWD 11.7m | −TWD 22.0m | −TWD 5.6m | TWD 1.6m | −TWD 4.3m |
| Net income | −TWD 11.5m | TWD 33.3m | −TWD 6.3m | −TWD 15.4m | −TWD 23.2m | −TWD 5.8m | TWD 14.4m | −TWD 9.2m |
| Diluted earnings per share | -0.30 | 0.88 | -0.16 | -0.40 | -0.60 | -0.15 | 0.37 | -0.24 |
| Cash from operations | −TWD 64.0m | TWD 129.0m | −TWD 125.0m | −TWD 2.0m | −TWD 3.0m | −TWD 9.0m | — | −TWD 21.0m |
| Capital spending | −TWD 6.0m | — | — | — | −TWD 1.0m | −TWD 1.0m | −TWD 22.0m | −TWD 7.0m |
| Free cash flow | −TWD 70.0m | — | — | — | −TWD 4.0m | −TWD 10.0m | — | −TWD 28.0m |
| Total assets | TWD 2.28bn | TWD 2.20bn | TWD 1.89bn | TWD 1.80bn | TWD 1.91bn | TWD 1.41bn | TWD 1.42bn | TWD 1.33bn |
| Debt | TWD 157.5m | TWD 580.7m | TWD 584.7m | TWD 588.6m | TWD 594.5m | TWD 124.4m | TWD 130.4m | TWD 107.8m |
| Shareholders' equity | TWD 764.5m | TWD 783.3m | TWD 763.6m | TWD 783.2m | TWD 793.3m | TWD 832.9m | TWD 830.9m | TWD 807.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 6.9% | 32.4% | 5.6% |
| Operating income | — | 31.7% | 27.7% |
| Net income | — | 54.4% | 20.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 14.0% | 18.9% | 17.9% | 18.3% |
| Net margin | -2.8% | 8.9% | 6.3% | 3.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -24.1 | 83.3 | 12.1 | 19.8 | -31.4 | -69.0 | 211.4 | -12.8 | 33.4 | 89.3 |
| Price to sales | 4.8 | 2.4 | 7.1 | 3.6 | 14.7 | 6.4 | 2.7 | 2.2 | 2.1 | 1.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 2 Sept 2025.
| FY2025 | FY2024 | |
|---|---|---|
| Paid in the year | 1.00 | 0.493 |
- 1-to-0.89 reverse split · 15 Nov 2012
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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