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I

Ideal Bike 8933.TWO · TWD

Consumer Discretionary · Taipei Exchange · 🇹🇼 Taiwan

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4.00

+2.56%

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.

FY2025

Revenue

TWD 2.19bn

FY2016FY2025

Net income

−TWD 452.7m

FY2016FY2025

Free cash flow

−TWD 75.0m

FY2016FY2025

Shareholders' equity

TWD 1.69bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 2.19bnTWD 2.65bnTWD 3.65bnTWD 5.59bnTWD 4.61bnTWD 4.02bnTWD 4.06bnTWD 3.93bnTWD 4.30bnTWD 4.56bn
Gross profit−TWD 66.3mTWD 120.9mTWD 282.9mTWD 826.9mTWD 544.0mTWD 377.0mTWD 331.3mTWD 300.3mTWD 327.4mTWD 504.6m
Research and developmentTWD 9.2m—————————
Operating income−TWD 433.1m−TWD 283.8m−TWD 316.7mTWD 495.7mTWD 156.0mTWD 64.5m−TWD 214.9m−TWD 1.10bn−TWD 36.0mTWD 115.7m
Net income−TWD 452.7m−TWD 232.9m−TWD 291.2mTWD 334.4mTWD 82.6mTWD 11.2m−TWD 240.3m−TWD 1.52bn−TWD 33.7mTWD 59.7m
Diluted earnings per share-1.41-0.71-0.971.110.280.04-0.74-4.67-0.100.50

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 3.87bnTWD 4.40bnTWD 5.31bnTWD 6.56bnTWD 5.23bnTWD 4.45bnTWD 4.64bnTWD 4.83bnTWD 6.12bnTWD 5.70bn
Cash and short-term investmentsTWD 630.0mTWD 465.2mTWD 649.4mTWD 700.7mTWD 845.3mTWD 793.3m———TWD 840.9m
Total liabilitiesTWD 2.18bnTWD 2.21bnTWD 3.17bnTWD 4.16bnTWD 3.24bnTWD 3.08bnTWD 3.41bnTWD 3.71bnTWD 3.50bnTWD 3.31bn
DebtTWD 1.72bnTWD 1.48bnTWD 2.23bnTWD 2.39bnTWD 1.66bnTWD 1.58bnTWD 2.12bnTWD 614.8mTWD 560.0mTWD 2.29bn
Shareholders' equityTWD 1.69bnTWD 2.19bnTWD 2.14bnTWD 2.40bnTWD 2.00bnTWD 1.37bnTWD 1.23bnTWD 1.11bnTWD 2.61bnTWD 2.39bn
Shares outstanding322m327m302m302m300m251m326m326m326m119m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations−TWD 49.6mTWD 312.3mTWD 222.6m−TWD 861.7m−TWD 521.1mTWD 564.7mTWD 97.7m−TWD 904.5mTWD 122.7mTWD 222.2m
Capital spending−TWD 25.4m−TWD 21.6m−TWD 33.8m−TWD 99.8m−TWD 52.9m−TWD 36.1m−TWD 14.2m−TWD 9.2m−TWD 64.9m−TWD 25.4m
Free cash flow−TWD 75.0mTWD 290.7mTWD 188.8m−TWD 961.6m−TWD 573.9mTWD 528.6mTWD 83.5m−TWD 913.8mTWD 57.8mTWD 196.8m
Dividends paid————————−TWD 29.7m−TWD 74.2m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 684.5mTWD 486.7mTWD 282.2mTWD 452.5mTWD 716.3mTWD 743.9mTWD 743.9mTWD 559.5m
Gross profitTWD 23.5mTWD 305,999−TWD 38.3m−TWD 38.9m−TWD 6.8mTWD 13.7mTWD 33.4mTWD 16.8m
Operating income−TWD 89.7m−TWD 92.5m−TWD 133.0m−TWD 124.9m−TWD 82.8m−TWD 73.1m−TWD 151.8m−TWD 46.9m
Net income−TWD 82.8m−TWD 97.7m−TWD 92.4m−TWD 125.4m−TWD 164.2m−TWD 70.6m−TWD 135.8m−TWD 50.6m
Diluted earnings per share-0.25-0.30-0.29-0.39-0.51-0.22-0.42-0.15
Cash from operationsTWD 35.0m−TWD 6.0m−TWD 71.0m−TWD 11.0mTWD 48.0m−TWD 16.0m−TWD 113.0mTWD 92.0m
Capital spending−TWD 2.0m—−TWD 4.0m−TWD 2.0m−TWD 2.0m−TWD 19.0m−TWD 8.0m−TWD 4.0m
Free cash flowTWD 33.0m—−TWD 75.0m−TWD 13.0mTWD 46.0m−TWD 35.0m−TWD 121.0mTWD 88.0m
Total assetsTWD 3.93bnTWD 3.88bnTWD 3.87bnTWD 3.67bnTWD 3.91bnTWD 4.36bnTWD 4.40bnTWD 4.60bn
Cash and short-term investments—TWD 680.3mTWD 630.0mTWD 459.9mTWD 380.3mTWD 472.3mTWD 465.2mTWD 724.8m
DebtTWD 373.1mTWD 1.70bnTWD 1.70bnTWD 1.51bnTWD 1.42bnTWD 1.46bnTWD 1.46bnTWD 1.57bn
Shareholders' equityTWD 1.53bnTWD 1.61bnTWD 1.69bnTWD 1.72bnTWD 1.86bnTWD 2.18bnTWD 2.19bnTWD 2.35bn

Financial ratios

Data as of 28 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin-3.0%4.6%7.7%14.8%11.8%9.4%
Operating margin-19.7%-6.4%-5.1%8.9%3.4%1.6%
Net margin-20.6%-8.8%-8.0%6.0%1.8%0.3%
Return on equity-26.8%-10.6%-13.6%13.9%4.1%0.8%
Return on assets-11.7%-5.3%-5.5%5.1%1.6%0.3%
Free cash flow yield-1.7%22.7%18.9%-56.1%-34.7%53.2%
Revenue growth-17.2%-27.5%-34.6%21.2%14.7%-0.8%
Earnings growth94.3%-20.0%-187.1%304.8%640.1%-104.6%
Current ratio1.57x1.48x1.38x1.49x1.30x1.14x
Debt to equity1.00x0.67x1.04x0.99x0.83x1.16x
Equity ratio43.7%49.8%40.3%36.6%38.2%30.7%
Interest coverage-8.97x-2.84x-2.06x8.73x4.35x1.46x
R&D as a share of sales0.4%—————
Buybacks as a share of market value1.5%-8.4%0.1%-0.7%-19.4%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-26.8%-11.4%-9.7%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin1.1%8.3%9.2%9.5%
Operating margin-14.8%-3.8%-1.4%-2.8%
Net margin-14.2%-4.6%-2.4%-4.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings-4.3-11.4-10.314.948.2257.2-10.4-2.2-194.230.1
Price to sales0.91.00.80.90.90.70.60.91.50.4

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years.

  • 1000-to-700 reverse split · 12 Dec 2019
  • 1029.132-for-1000 split · 19 Sept 2014
  • 1.01986-for-1 split · 18 Sept 2013
  • 1.038-for-1 split · 28 Sept 2012
  • 1.05999-for-1 split · 21 Oct 2011

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.