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LEVEL (3118) Annual Reports

Q: Where can I download LEVEL (3118) annual reports?

Every financial year on this page links straight to the PDF filed with the Market Observation Post System (MOPS), Taiwan's statutory disclosure platform. 2 years are available in English.

Q: What is an investor conference?

The Taiwanese equivalent of an earnings call. Listed companies present quarterly results and file the presentation deck with MOPS, usually in both languages.

Listed on the Taipei Exchange (TPEx), classified under Healthcare. This page collects the company's annual reports, with files served directly by the Market Observation Post System (MOPS).

english annual reports

english presentations

2025

latest year

Company profile

Sector： All Healthcare stocks →
Listing date： 2008-05-21
Incorporated： 1989-12-07
Paid-in capital： NT$325m

Website：Official site ↗

Financial history

Revenue & profit

Quarterly · In mn (TWD)

Revenue 162 mn Net income 13.5 mn

Taiwan filings are cumulative; figures here are restated to single quarters.

Show table：Income statement

Item	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Revenue	119	134	136	141	117	142	115	159	110	140	132	139	120	133	113	149	118	157	120	183	123	154	159	193	138	160	154	186	134	167	162	210	162	182	174	159	117	152	142	183	144	164	163	189	178	166	182	205	177	172	200	188	159	162
Gross profit	44.5	46.7	45.7	54.0	47.1	48.3	45.5	65.3	44.3	53.0	49.7	56.4	46.1	46.7	41.5	59.5	49.2	56.3	39.8	62.6	37.5	47.6	47.9	52.5	43.0	52.5	49.0	51.2	41.5	53.4	54.6	62.2	54.9	58.1	62.2	57.3	43.5	53.6	49.6	55.8	50.1	53.4	52.7	63.3	59.8	52.6	59.3	65.5	55.1	59.9	76.9	65.8	59.5	55.0
Operating income	16.8	16.4	15.9	25.7	18.6	20.0	16.8	33.3	16.9	21.8	20.9	25.9	17.2	16.6	11.9	28.9	19.5	24.1	9.48	27.8	5.72	12.3	12.4	18.8	8.98	17.1	14.1	16.3	8.18	16.7	16.8	24.3	20.8	18.2	22.1	17.9	11.9	19.8	12.7	20.5	15.7	16.1	13.4	22.4	23.0	12.2	16.6	23.6	14.1	15.9	31.5	22.1	19.9	12.0
Pre-tax income	17.1	17.0	16.5	26.8	18.7	21.6	17.9	33.5	18.8	25.1	24.1	27.1	18.4	14.8	13.5	29.7	21.1	25.8	10.5	25.7	7.27	12.8	12.1	17.1	9.72	18.1	14.7	16.9	9.80	18.5	17.9	26.3	23.0	19.6	23.1	19.3	13.7	21.0	16.7	21.6	20.5	18.7	14.3	25.1	23.9	14.1	18.7	24.4	23.1	18.5	33.1	22.9	21.5	16.2
Net income	14.3	14.3	13.9	22.1	15.6	18.0	14.9	28.3	15.6	20.8	20.0	22.0	15.3	12.2	11.2	24.6	17.5	21.4	8.71	20.7	5.82	10.2	9.69	13.2	7.76	14.4	11.7	13.5	7.84	14.6	14.3	21.3	18.4	15.6	18.5	15.7	11.0	16.8	13.4	17.3	16.4	15.0	11.4	20.1	19.2	11.2	15.0	19.5	19.8	14.6	26.8	18.4	17.3	13.5

Balance sheet

Quarterly · In mn (TWD)

Total assets 799 mn Total liabilities 260 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Current assets	427	459	387	462	457	482	446	494	498	519	459	502	541	535	469	498	539	527	468	546	504	537	458	501	498	531	515	569	547	569	545	609	604	629	587	634	653	662	607	666	683	684	652	681	706	705	639	484	478	492	436	500	475	451
Total assets	630	660	586	658	650	674	635	681	682	701	639	682	720	713	643	676	713	704	654	732	695	724	644	680	693	722	701	750	722	740	714	773	764	790	746	788	804	811	755	813	828	825	791	823	838	834	798	827	825	850	800	867	834	799
Current liabilities	132	204	115	165	141	202	148	166	152	215	133	153	176	228	147	155	175	206	147	205	161	242	152	176	164	212	179	216	180	224	184	225	197	209	199	225	230	283	214	255	255	293	244	253	248	292	241	252	232	301	226	275	225	249
Total liabilities	136	207	119	170	146	207	153	172	157	220	138	157	180	232	151	161	180	212	153	210	167	247	158	182	186	234	200	236	200	246	206	244	216	227	216	243	248	300	231	270	269	307	261	273	270	310	258	267	246	314	237	287	237	260
Equity	494	453	467	488	504	467	482	510	526	481	501	525	540	481	492	515	533	493	501	522	528	477	486	499	507	488	500	514	522	494	508	529	548	563	530	545	556	511	524	542	559	519	530	549	569	525	540	560	580	536	563	580	597	540

Cash flow

Quarterly · In mn (TWD)

Operating 45.5 mn Investing -0.71 mn Financing -72.7 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Operating	5.69	19.9	-7.97	78.1	2.02	19.4	17.3	62.8	10.6	14.7	15.5	56.8	22.1	7.50	14.9	34.7	30.2	-5.57	-11.1	57.8	-9.66	-3.66	-34.0	74.1	23.7	5.74	25.4	54.2	-2.78	9.60	39.5	36.9	17.6	28.8	43.7	65.8	6.48	-12.3	21.7	49.2	5.18	0.29	19.2	45.5	-8.51	-2.39	21.3	53.7	8.85	5.51	11.8	33.4	13.1	45.5
Investing	2.71	-2.86	-1.38	0.05	-0.44	-2.12	-0.53	-2.51	-0.78	-1.98	-2.38	-2.42	-2.59	-2.17	0.34	-7.46	1.04	-7.55	-12.7	-7.76	-8.01	-0.94	-3.36	-0.74	-0.93	-1.07	-0.55	-0.35	1.26	-0.29	-2.78	-0.83	0.26	-7.23	-2.03	0.21	-0.72	-3.11	-3.38	-2.98	-3.65	-0.56	1.27	-7.96	7.60	-1.32	-34.3	-188	-3.18	-17.3	-9.84	-8.67	1.11	-0.71
Financing	0	0	-55.2	0	0.13	0	-54.9	0	0	0	-65.0	0	—	—	-71.4	0	—	—	—	0	-0.13	0.08	-61.7	0	-0.46	-0.45	-33.0	-0.53	-0.54	1.80	-42.9	-3.06	-0.71	-0.66	-52.6	-0.59	-0.68	-0.65	-62.3	-0.68	-0.69	-0.69	-56.0	1.92	-1.10	-4.03	-54.2	-3.32	-1.17	-1.17	-59.6	-1.18	-1.33	-72.7
Cash at period end	245	262	198	276	278	295	257	317	327	340	288	342	362	367	311	338	369	356	271	321	303	298	199	273	295	299	291	344	342	353	347	380	397	418	408	473	478	462	418	464	464	463	428	467	465	458	391	253	257	244	187	210	223	195

Profitability

Quarterly · %

Gross margin 33.9% Operating margin 7.4% Net margin 8.3%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Gross margin	37.5%	34.9%	33.6%	38.4%	40.4%	33.9%	39.4%	41.1%	40.4%	37.9%	37.7%	40.7%	38.6%	35.2%	36.8%	40.1%	41.8%	35.8%	33.3%	34.2%	30.6%	30.9%	30.1%	27.2%	31.1%	32.8%	31.8%	27.5%	31.0%	32.1%	33.8%	29.6%	33.9%	31.9%	35.8%	36.0%	37.3%	35.4%	35.1%	30.5%	34.8%	32.6%	32.3%	33.4%	33.5%	31.7%	32.5%	32.0%	31.2%	34.9%	38.4%	35.0%	37.5%	33.9%
Operating margin	14.1%	12.2%	11.7%	18.3%	16.0%	14.1%	14.5%	20.9%	15.5%	15.6%	15.8%	18.7%	14.4%	12.5%	10.5%	19.4%	16.6%	15.3%	7.9%	15.2%	4.7%	8.0%	7.8%	9.7%	6.5%	10.7%	9.1%	8.8%	6.1%	10.0%	10.4%	11.6%	12.8%	10.0%	12.7%	11.3%	10.3%	13.0%	9.0%	11.2%	10.9%	9.8%	8.2%	11.8%	12.9%	7.3%	9.1%	11.5%	8.0%	9.3%	15.7%	11.8%	12.5%	7.4%
Net margin	12.1%	10.7%	10.2%	15.7%	13.4%	12.7%	12.9%	17.8%	14.2%	14.9%	15.2%	15.8%	12.8%	9.2%	9.9%	16.6%	14.9%	13.6%	7.3%	11.3%	4.7%	6.6%	6.1%	6.8%	5.6%	9.0%	7.6%	7.3%	5.8%	8.7%	8.9%	10.1%	11.3%	8.6%	10.6%	9.9%	9.4%	11.1%	9.5%	9.4%	11.4%	9.2%	7.0%	10.6%	10.8%	6.8%	8.2%	9.5%	11.2%	8.5%	13.4%	9.8%	10.9%	8.3%

Returns & leverage

Quarterly · %

ROE 14.1% ROA 9.2% Debt ratio 32.5%

ROE / ROA = trailing four-quarter net income ÷ average equity / total assets (annual mode: the year’s net income ÷ average of opening and closing). Not computed when the denominator is zero or negative.

Show table：Returns & leverage

Item	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
ROE	—	—	—	13.2%	13.2%	15.1%	14.9%	15.4%	14.9%	16.8%	17.2%	15.2%	14.7%	14.4%	12.2%	12.2%	12.2%	15.3%	14.6%	13.2%	10.7%	9.4%	9.4%	7.6%	7.9%	9.3%	9.5%	9.4%	9.2%	9.7%	10.0%	11.1%	12.8%	13.2%	14.2%	12.7%	11.0%	11.5%	10.8%	10.8%	11.5%	12.1%	11.4%	11.5%	11.7%	11.9%	12.2%	11.7%	11.4%	13.0%	14.7%	14.0%	13.1%	14.1%
ROA	—	—	—	9.8%	10.3%	10.4%	11.6%	11.5%	11.5%	11.6%	13.3%	11.5%	11.1%	9.8%	9.5%	9.3%	9.1%	10.5%	11.1%	9.7%	8.1%	6.4%	7.2%	5.5%	5.9%	6.2%	7.0%	6.6%	6.7%	6.5%	7.1%	7.6%	9.2%	9.1%	10.1%	8.7%	7.8%	7.7%	7.6%	7.3%	7.8%	7.6%	7.8%	7.7%	7.9%	7.5%	8.2%	7.9%	7.9%	8.2%	10.1%	9.4%	9.3%	9.2%
Debt ratio	21.5%	31.4%	20.4%	25.8%	22.4%	30.7%	24.1%	25.2%	23.0%	31.4%	21.6%	23.1%	25.0%	32.6%	23.4%	23.7%	25.3%	30.1%	23.4%	28.7%	24.0%	34.1%	24.5%	26.7%	26.9%	32.4%	28.6%	31.5%	27.7%	33.2%	28.8%	31.5%	28.3%	28.7%	28.9%	30.8%	30.9%	37.0%	30.6%	33.3%	32.5%	37.2%	33.0%	33.2%	32.2%	37.1%	32.4%	32.3%	29.8%	36.9%	29.6%	33.1%	28.4%	32.5%

EPS

Quarterly · NT$

EPS NT$0.42

Show table：EPS

Item	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q1	2020Q2	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
EPS（NT$）	0.44	0.44	0.43	0.68	0.48	0.56	0.45	0.88	0.48	0.64	0.61	0.69	0.47	0.38	0.34	0.76	0.54	0.66	0.27	0.64	0.18	0.31	0.30	0.41	0.24	0.44	0.36	0.42	0.24	0.45	0.44	0.66	0.57	0.48	0.57	0.48	0.34	0.52	0.41	0.53	0.51	0.46	0.35	0.62	0.59	0.35	0.46	0.60	0.61	0.45	0.83	0.57	0.53	0.42

Revenue & profit

Year-to-date · In mn (TWD)

Revenue 321 mn Net income 30.8 mn

Year-to-date = summed from the first quarter of the fiscal year; balance-sheet items are period-end balances.

Balance sheet

Year-to-date · In mn (TWD)

Total assets 799 mn Total liabilities 260 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Cash flow

Year-to-date · In mn (TWD)

Operating 58.6 mn Investing 0.4 mn Financing -74.0 mn

Positive = cash in, negative = cash out.

Profitability

Year-to-date · %

Gross margin 35.6% Operating margin 9.9% Net margin 9.6%

Gross, operating and net margin = the respective profit ÷ revenue.

Returns & leverage

Year-to-date · %

ROE 14.1% ROA 9.2% Debt ratio 32.5%

EPS

Year-to-date · NT$

EPS NT$0.95

Revenue & profit

Annual · In mn (TWD)

Revenue 737 mn Net income 79.7 mn

Annual = sum of four quarters of a complete fiscal year (incomplete years are omitted); balance-sheet items are year-end balances.

Show table：Income statement

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	529	533	520	514	578	629	639	672	677	593	661	731	737
Gross profit	191	206	203	194	208	186	196	212	233	203	220	237	258
Operating income	74.8	88.7	85.5	74.5	80.8	49.2	56.5	65.9	79.0	64.9	67.5	75.3	83.5
Pre-tax income	77.4	91.6	95.1	76.5	83.1	49.3	59.4	72.5	84.9	73.2	78.7	81.1	97.6
Net income	64.6	76.8	78.4	63.3	68.3	38.9	47.4	58.0	68.2	58.5	62.9	64.8	79.7

Balance sheet

Annual · In mn (TWD)

Total assets 867 mn Total liabilities 287 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Current assets	462	494	502	498	546	501	569	609	634	666	681	484	500
Total assets	658	681	682	676	732	680	750	773	788	813	823	827	867
Current liabilities	165	166	153	155	205	176	216	225	225	255	253	252	275
Total liabilities	170	172	157	161	210	182	236	244	243	270	273	267	287
Equity	488	510	525	515	522	499	514	529	545	542	549	560	580

Cash flow

Annual · In mn (TWD)

Operating 59.6 mn Investing -38.9 mn Financing -63.1 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Operating	95.8	102	97.7	79.1	71.3	26.8	109	83.2	156	65.1	70.2	64.1	59.6
Investing	-1.49	-5.60	-7.56	-11.9	-27.0	-13.1	-2.90	-2.63	-8.79	-10.2	-10.9	-216	-38.9
Financing	-55.2	-54.8	-65.0	—	—	-61.7	-34.5	-44.7	-54.5	-64.3	-55.4	-62.6	-63.1
Cash at period end	276	317	342	338	321	273	344	380	473	464	467	253	210

Profitability

Annual · %

Gross margin 35.0% Operating margin 11.3% Net margin 10.8%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Gross margin	36.1%	38.7%	39.1%	37.7%	36.0%	29.5%	30.6%	31.5%	34.3%	34.2%	33.2%	32.4%	35.0%
Operating margin	14.1%	16.6%	16.4%	14.5%	14.0%	7.8%	8.8%	9.8%	11.7%	10.9%	10.2%	10.3%	11.3%
Net margin	12.2%	14.4%	15.1%	12.3%	11.8%	6.2%	7.4%	8.6%	10.1%	9.9%	9.5%	8.9%	10.8%

Returns & leverage

Annual · %

ROE 14.0% ROA 9.4% Debt ratio 33.1%

Show table：Returns & leverage

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
ROE	13.2%	15.4%	15.2%	12.2%	13.2%	7.6%	9.4%	11.1%	12.7%	10.8%	11.5%	11.7%	14.0%
ROA	9.8%	11.5%	11.5%	9.3%	9.7%	5.5%	6.6%	7.6%	8.7%	7.3%	7.7%	7.9%	9.4%
Debt ratio	25.8%	25.2%	23.1%	23.7%	28.7%	26.7%	31.5%	31.5%	30.8%	33.3%	33.2%	32.3%	33.1%

EPS

Annual · NT$

EPS NT$2.46

Show table：EPS

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
EPS（NT$）	1.99	2.37	2.42	1.95	2.11	1.20	1.46	1.79	2.10	1.80	1.94	2.00	2.46

Source: Taiwan MOPS financial statements

LEVEL annual reports

	English	Chinese
2025 (ROC 114)	PDF	PDF
2024 (ROC 113)	PDF	PDF

About LEVEL filings

Where can I download LEVEL (3118) annual reports?

Every financial year in the table above links straight to the PDF filed with the Market Observation Post System (MOPS), Taiwan's statutory disclosure platform. 2 years are available in English, within a range covering 2024 to 2025.

Why are some years Chinese only?

Filing an English annual report is only mandatory for larger Taiwanese issuers; smaller companies and those on the Emerging Stock Board file in Chinese. Where no English edition exists this site links the Chinese PDF rather than leaving the year blank, so you can still reach the document.

What is an investor conference (法人說明會)?

It is the Taiwanese equivalent of an earnings call or analyst briefing. Listed companies present quarterly results and outlook, and file the presentation deck with MOPS — usually in both Chinese and English. Many also publish a webcast recording.

How does Taiwan's reporting calendar work?

Taiwanese issuers file quarterly financial reports plus an annual report, and publish monthly revenue figures — a disclosure cadence that is more frequent than Hong Kong or Singapore. Financial years are numbered using the ROC calendar (ROC 114 = 2025); this site shows both.

Source: Market Observation Post System (MOPS), Taiwan. All PDF links point to the original files; nothing is re-hosted here.
Browse all Taiwan listed companies, or read this page in Chinese — the Chinese edition also carries the letter to shareholders and the revenue breakdown.