C 
28.60
+6.52%
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 1.42bn
FY2016FY2025
Net income
TWD 196.0m
FY2016FY2025
Free cash flow
TWD 209.4m
FY2016FY2025
Shareholders' equity
TWD 1.46bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 1.42bn | TWD 1.54bn | TWD 1.53bn | TWD 1.31bn | TWD 1.23bn | TWD 952.8m | TWD 1.06bn | TWD 1.14bn | TWD 1.04bn | TWD 1.01bn |
| Gross profit | TWD 382.5m | TWD 406.6m | TWD 450.0m | TWD 313.0m | TWD 247.1m | TWD 188.6m | TWD 203.2m | TWD 180.0m | TWD 163.0m | TWD 186.7m |
| Research and development | TWD 18.8m | TWD 19.5m | TWD 18.9m | TWD 15.2m | TWD 13.8m | TWD 12.8m | TWD 12.8m | TWD 13.0m | TWD 6.1m | TWD 4.6m |
| Operating income | TWD 231.9m | TWD 251.2m | TWD 332.3m | TWD 229.6m | TWD 110.8m | TWD 65.2m | TWD 94.1m | TWD 68.4m | TWD 56.1m | TWD 71.8m |
| Net income | TWD 196.0m | TWD 246.1m | TWD 255.4m | TWD 173.6m | TWD 79.9m | TWD 25.0m | TWD 65.6m | TWD 57.2m | TWD 201.6m | TWD 49.2m |
| Diluted earnings per share | 2.39 | 3.01 | 3.11 | 2.12 | 0.99 | 0.32 | 0.84 | 0.70 | 2.46 | 0.60 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 2.06bn | TWD 2.17bn | TWD 2.29bn | TWD 2.41bn | TWD 2.20bn | TWD 1.97bn | TWD 1.76bn | TWD 1.68bn | TWD 1.63bn | TWD 1.55bn |
| Cash and short-term investments | — | — | TWD 637.7m | TWD 835.2m | TWD 316.6m | TWD 385.6m | — | — | — | — |
| Total liabilities | TWD 592.0m | TWD 630.7m | TWD 796.4m | TWD 1.08bn | TWD 1.00bn | TWD 841.5m | TWD 599.9m | TWD 546.4m | TWD 488.9m | TWD 589.0m |
| Debt | TWD 341.8m | TWD 382.4m | TWD 527.8m | TWD 900.8m | TWD 828.2m | TWD 686.8m | TWD 452.9m | TWD 380.0m | TWD 331.2m | TWD 446.5m |
| Shareholders' equity | TWD 1.46bn | TWD 1.54bn | TWD 1.50bn | TWD 1.33bn | TWD 1.20bn | TWD 1.13bn | TWD 1.16bn | TWD 1.14bn | TWD 1.15bn | TWD 956.9m |
| Shares outstanding | 82m | 82m | 82m | 82m | 81m | 78m | 78m | 82m | 82m | 82m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 242.8m | TWD 240.7m | TWD 304.4m | TWD 232.7m | −TWD 60.4m | TWD 49.2m | TWD 61.2m | TWD 48.9m | TWD 108.2m | TWD 31.1m |
| Capital spending | −TWD 33.4m | −TWD 35.0m | −TWD 54.6m | −TWD 15.0m | −TWD 132.6m | −TWD 199.0m | −TWD 80.7m | −TWD 8.7m | −TWD 12.7m | −TWD 2.4m |
| Free cash flow | TWD 209.4m | TWD 205.8m | TWD 249.8m | TWD 217.7m | −TWD 193.1m | −TWD 149.7m | −TWD 19.6m | TWD 40.2m | TWD 95.5m | TWD 28.7m |
| Dividends paid | −TWD 229.1m | −TWD 204.5m | −TWD 81.8m | −TWD 65.4m | −TWD 39.4m | −TWD 47.4m | −TWD 46.8m | −TWD 47.2m | −TWD 47.2m | −TWD 47.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 363.9m | TWD 345.0m | TWD 335.8m | TWD 346.4m | TWD 391.6m | TWD 347.5m | TWD 396.5m | TWD 382.6m |
| Gross profit | TWD 96.3m | TWD 90.3m | TWD 91.9m | TWD 91.3m | TWD 106.3m | TWD 93.0m | TWD 103.0m | TWD 98.6m |
| Operating income | TWD 54.2m | TWD 50.8m | TWD 57.2m | TWD 51.5m | TWD 68.1m | TWD 55.0m | TWD 64.0m | TWD 61.0m |
| Net income | TWD 46.0m | TWD 49.5m | TWD 59.9m | TWD 57.3m | TWD 24.6m | TWD 54.2m | TWD 63.6m | TWD 48.2m |
| Diluted earnings per share | 0.56 | 0.61 | 0.73 | 0.70 | 0.30 | 0.66 | 0.78 | 0.59 |
| Cash from operations | TWD 24.0m | TWD 80.0m | TWD 79.0m | TWD 79.0m | TWD 39.0m | TWD 44.0m | TWD 143.0m | TWD 53.0m |
| Capital spending | −TWD 4.0m | −TWD 11.0m | −TWD 2.0m | −TWD 15.0m | −TWD 4.0m | −TWD 10.0m | −TWD 3.0m | −TWD 9.0m |
| Free cash flow | TWD 20.0m | TWD 69.0m | TWD 77.0m | TWD 64.0m | TWD 35.0m | TWD 34.0m | TWD 140.0m | TWD 44.0m |
| Total assets | TWD 2.10bn | TWD 2.07bn | TWD 2.06bn | TWD 2.01bn | TWD 2.06bn | TWD 2.11bn | TWD 2.17bn | TWD 2.15bn |
| Debt | TWD 441.0m | TWD 328.4m | TWD 341.8m | TWD 347.2m | TWD 385.5m | TWD 262.8m | TWD 382.4m | TWD 449.9m |
| Shareholders' equity | TWD 1.38bn | TWD 1.33bn | TWD 1.46bn | TWD 1.45bn | TWD 1.39bn | TWD 1.37bn | TWD 1.54bn | TWD 1.47bn |
Financial ratios
Data as of 28 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 26.9% | 26.4% | 29.5% | 23.9% | 20.0% | 19.8% | — |
| Operating margin | 17.7% | 20.5% | 21.8% | 17.5% | 9.0% | 6.8% | — |
| Net margin | 13.8% | 16.0% | 16.7% | 13.2% | 6.5% | 2.6% | — |
| Return on equity | 13.4% | 16.0% | 17.1% | 13.1% | 6.7% | 2.2% | — |
| Return on assets | 9.5% | 11.3% | 11.1% | 7.2% | 3.6% | 1.3% | — |
| Free cash flow yield | — | 12.1% | 15.7% | 10.9% | 3.2% | 11.4% | 6.5% |
| Revenue growth | -7.8% | 1.0% | 16.4% | 6.4% | 29.4% | -10.1% | — |
| Earnings growth | -20.4% | -3.6% | 47.1% | 117.3% | 220.1% | -62.0% | — |
| Current ratio | 4.81x | 5.46x | 4.37x | 4.61x | 5.00x | 4.77x | — |
| Debt to equity | 0.23x | 0.25x | 0.35x | 0.68x | 0.69x | 0.61x | — |
| Equity ratio | 71.2% | 71.0% | 65.3% | 55.2% | 54.5% | 57.3% | — |
| Interest coverage | 36.22x | 36.81x | 30.34x | 23.77x | 13.50x | 11.05x | — |
| R&D as a share of sales | 1.3% | 1.3% | 1.2% | 1.2% | 1.1% | 1.3% | — |
| Buybacks as a share of market value | — | 0.4% | -0.4% | -1.6% | -3.5% | 0.4% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 2.7% | 8.3% | 4.5% |
| Operating income | 0.3% | 28.9% | 22.5% |
| Net income | 4.1% | 51.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 26.6% | 26.8% | 24.9% | 21.8% |
| Operating margin | 16.3% | 18.0% | 15.3% | 11.7% |
| Net margin | 14.9% | 15.0% | 12.2% | 10.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 13.6 | 11.5 | 12.3 | 7.8 | 15.3 | 44.3 | 15.6 | 18.2 | 5.0 | 17.9 |
| Price to sales | 1.9 | 1.8 | 2.1 | 1.0 | 1.0 | 1.2 | 1.0 | 0.9 | 1.0 | 0.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 27 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Paid in the year | 2.20 | 2.80 | 2.50 | 1.00 | 0.80 |
- 1180-for-1000 split · 21 Aug 2018
- 1.01143-for-1 split · 4 Sept 2013
- 104.454-for-100 split · 8 Aug 2008
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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