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AmCad (4188) Annual Reports

Q: Where can I download AmCad (4188) 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： 2015-03-24
Incorporated： 2008-12-26
Paid-in capital： NT$633m

Website：Official site ↗

Financial history

Revenue & profit

Quarterly · In mn (TWD)

Revenue 6.72 mn Net income -19.2 mn

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

Show table：Income statement

Item	2013Q2	2013Q4	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	—	—	—	0	0	0	0	0	0.14	0.1	3.33	3.34	3.35	3.36	3.36	9.23	5.25	22.3	18.9	14.4	16.6	24.7	29.0	16.3	14.1	11.5	18.0	14.5	20.0	11.7	20.0	27.2	26.9	17.2	17.4	13.3	13.8	10.5	15.6	15.7	23.4	8.08	16.4	10.5	18.1	6.78	8.16	10.4	5.07	6.39	6.72
Gross profit	—	—	—	0	0	0	0	0	0.14	0.1	3.33	3.34	3.35	3.35	3.36	8.36	4.97	16.9	13.3	9.02	10.3	19.4	23.3	11.2	8.25	7.06	12.4	8.90	14.0	7.26	13.6	19.7	20.0	11.6	10.1	7.39	8.95	5.62	9.31	10.3	15.8	3.32	11.2	5.64	12.8	2.40	2.88	4.70	0.05	3.11	2.47
Operating income	—	—	—	-14.0	-14.1	-19.6	-13.0	-15.1	-16.4	-15.9	-15.7	-14.0	-13.9	-15.9	-15.7	-14.0	-18.5	-17.4	-17.6	-23.1	-22.0	-10.8	-4.01	-17.2	-24.3	-19.0	-11.6	-16.3	-9.35	-14.4	-9.93	-3.43	-9.01	-10.8	-13.2	-17.9	-22.4	-15.6	-13.8	-14.0	-10.5	-19.9	-12.6	-22.1	-10.1	-21.3	-20.8	-19.5	-26.4	-18.3	-22.5
Pre-tax income	—	—	—	-13.5	-13.5	-19.2	-12.2	-14.3	-15.9	-15.3	-15.0	-11.9	-12.5	-14.5	-14.2	-12.6	-17.3	14.6	-14.5	-21.5	-20.9	-9.37	-2.69	-13.7	-21.8	-18.7	-7.49	-10.9	-5.92	-13.3	-8.47	0.99	-6.08	-8.27	-11.6	-14.1	-20.4	-12.2	-12.1	-11.7	-7.16	-18.4	-11.2	-19.5	-3.82	-19.3	-20.1	-13.6	-18.4	-16.3	-19.2
Net income	—	—	—	-13.5	-13.5	-19.2	-12.2	-14.3	-15.9	-15.3	-15.0	-11.9	-12.5	-14.5	-14.2	-12.6	-17.3	14.6	-14.5	-21.5	-20.9	-9.37	-2.69	-13.7	-21.8	-18.7	-7.49	-10.9	-5.92	-13.3	-8.47	0.99	-6.08	-8.27	-11.6	-14.1	-20.4	-12.2	-12.1	-11.7	-7.16	-18.4	-11.2	-19.5	-3.82	-19.3	-20.1	-13.6	-18.4	-16.3	-19.2

Balance sheet

Quarterly · In mn (TWD)

Total assets 617 mn Total liabilities 29.3 mn

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

Show table：Balance sheet

Item	2013Q2	2013Q4	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	75.5	229	210	198	173	339	325	313	301	285	707	687	677	656	642	638	612	613	550	553	522	492	476	492	482	458	444	436	423	419	426	411	401	385	377	367	360	346	340	330	326	305	298	512	418	452	434	433	410	392	378
Total assets	92.6	299	278	269	258	424	408	395	382	364	785	768	756	734	718	718	700	752	765	765	778	759	736	746	734	697	686	675	657	654	649	629	616	597	589	569	554	537	526	520	513	489	481	699	695	663	641	639	623	606	617
Current liabilities	1.07	6.59	1.89	6.17	8.61	8.44	4.90	5.35	7.78	4.93	19.9	17.9	21.3	17.1	18.3	34.1	36.0	32.7	30.3	54.5	59.1	44.4	31.4	62.3	72.0	67.3	59.8	61.6	47.7	46.3	44.7	34.1	26.1	15.7	16.6	17.0	27.4	21.8	23.4	22.9	24.4	19.3	21.3	24.1	25.1	19.0	17.7	26.3	18.1	16.9	20.4
Total liabilities	1.07	6.59	1.89	6.17	8.61	8.44	4.90	5.35	7.78	4.93	84.2	78.8	78.9	71.4	69.3	81.8	80.3	73.6	68.0	88.9	90.1	81.2	64.2	90.8	96.2	87.6	76.4	72.3	61.4	67.8	64.0	45.5	36.7	25.1	25.0	24.5	34.1	27.8	28.6	34.3	34.7	29.1	29.8	31.3	31.2	23.4	21.9	30.3	21.9	27.0	29.3
Equity	91.5	292	276	263	250	416	404	390	375	359	701	689	677	663	649	636	619	678	697	676	688	678	671	655	638	609	609	602	595	586	585	583	579	572	564	545	520	509	497	485	478	460	452	667	664	639	619	609	601	579	588

Cash flow

Quarterly · In mn (TWD)

Operating -13.2 mn Investing 20.8 mn Financing -1.16 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2013Q2	2013Q4	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	—	—	—	-7.59	-2.90	109	-2.21	-16.6	-151	-60.2	-97.7	-136	-53.8	-257	219	-3.52	-7.86	-37.6	-20.5	3.19	-14.0	-29.1	-16.1	19.1	-11.9	-22.3	-10.0	-9.80	-7.86	-17.6	-8.21	-2.68	-10.4	-17.6	-3.57	-6.87	-6.14	-14.6	-9.34	-10.6	-7.05	-15.4	-12.7	-13.6	-10.2	-15.0	-12.8	-3.83	-15.5	-14.8	-13.2
Investing	—	—	—	6.99	2.12	-0.43	-0.14	-0.14	-1.04	0	0	-4.62	-0.12	-0.2	-231	25.4	22.7	95.8	-12.4	-9.54	42.5	1.59	18.1	-28.0	22.5	-6.16	-2.56	8.41	6.22	26.0	-5.15	5.17	23.2	14.0	4.47	3.63	5.06	1.88	0.29	12.4	12.7	13.0	12.6	-215	4.16	18.1	4.34	7.32	29.2	0.96	20.8
Financing	—	—	—	0	0	182	0	0	0.7	0	354	0	0.25	—	—	0	0.52	—	—	0	47.5	-1.23	-0.95	-1.23	1.08	-1.23	-1.23	-1.31	-1.34	-1.16	-1.07	-8.01	-1.11	-1.10	-1.10	-1.11	-1.11	-1.11	-1.11	-0.52	-0.35	-0.91	-1.31	229	-1.32	-1.31	-1.27	-1.23	-1.20	-1.17	-1.16
Cash at period end	3.12	3.96	2.73	2.13	1.35	293	290	273	268	207	464	323	270	12.6	1.27	23.2	38.5	96.7	65.5	59.1	135	106	107	97.1	109	79.1	65.3	62.6	59.6	66.8	52.4	46.9	58.5	53.8	53.6	49.2	47.0	33.2	23.1	24.3	29.7	26.4	25.0	25.1	17.8	19.6	9.86	12.1	24.6	9.58	16.0

Profitability

Quarterly · %

Gross margin 36.8% Operating margin -334.7% Net margin -286.2%

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

Show table：Profitability

Item	2013Q2	2013Q4	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	—	—	—	—	—	—	—	—	98.6%	98.0%	100.0%	99.9%	100.0%	99.9%	100.0%	90.6%	94.7%	75.5%	70.3%	62.4%	62.0%	78.6%	80.2%	69.1%	58.5%	61.6%	69.0%	61.5%	69.7%	62.0%	68.3%	72.4%	74.6%	67.5%	58.1%	55.7%	64.8%	53.4%	59.6%	65.3%	67.6%	41.0%	68.1%	53.6%	70.7%	35.4%	35.2%	45.0%	0.9%	48.8%	36.8%
Operating margin	—	—	—	—	—	—	—	—	-11616.3%	-15915.0%	-471.4%	-419.6%	-414.7%	-473.0%	-468.7%	-151.3%	-351.9%	-77.9%	-93.0%	-159.9%	-132.3%	-43.6%	-13.8%	-105.5%	-172.5%	-165.7%	-64.5%	-112.8%	-46.7%	-122.8%	-49.7%	-12.6%	-33.5%	-62.8%	-76.1%	-134.7%	-162.5%	-148.5%	-88.3%	-89.3%	-45.0%	-246.0%	-76.9%	-210.1%	-55.7%	-314.2%	-254.6%	-187.3%	-520.2%	-286.7%	-334.7%
Net margin	—	—	—	—	—	—	—	—	-11288.6%	-15306.0%	-448.7%	-355.2%	-372.3%	-431.6%	-424.3%	-136.7%	-329.8%	65.3%	-76.3%	-148.9%	-125.8%	-37.9%	-9.3%	-84.0%	-154.3%	-163.5%	-41.6%	-75.2%	-29.6%	-113.7%	-42.4%	3.6%	-22.7%	-48.0%	-66.9%	-106.5%	-147.5%	-116.2%	-77.2%	-74.5%	-30.6%	-227.4%	-68.2%	-185.6%	-21.1%	-285.3%	-246.4%	-129.9%	-362.9%	-255.2%	-286.2%

Returns & leverage

Quarterly · %

ROE -11.2% ROA -10.7% Debt ratio 4.8%

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	2013Q2	2013Q4	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	—	—	—	—	—	—	-17.2%	-18.1%	-19.8%	-14.9%	-10.9%	-10.8%	-10.4%	-10.5%	-7.9%	-8.1%	-9.1%	-4.4%	-4.4%	-5.9%	-6.5%	-9.8%	-8.0%	-7.0%	-7.2%	-8.8%	-9.6%	-9.4%	-7.0%	-6.3%	-6.5%	-4.5%	-4.6%	-3.8%	-4.3%	-7.1%	-9.9%	-10.8%	-11.1%	-10.9%	-8.7%	-10.2%	-10.2%	-9.8%	-9.3%	-9.8%	-11.7%	-8.9%	-11.3%	-11.2%	-11.2%
ROA	—	—	—	—	—	—	-17.0%	-17.8%	-19.3%	-14.7%	-10.1%	-10.0%	-9.6%	-9.8%	-7.1%	-7.2%	-8.1%	-4.0%	-4.0%	-5.2%	-5.7%	-8.8%	-7.3%	-6.2%	-6.3%	-7.8%	-8.7%	-8.3%	-6.2%	-5.6%	-5.8%	-4.1%	-4.2%	-3.5%	-4.0%	-6.7%	-9.3%	-10.3%	-10.5%	-10.3%	-8.1%	-9.6%	-9.6%	-9.2%	-8.8%	-9.3%	-11.2%	-8.5%	-10.8%	-10.8%	-10.7%
Debt ratio	1.2%	2.2%	0.7%	2.3%	3.3%	2.0%	1.2%	1.4%	2.0%	1.4%	10.7%	10.3%	10.4%	9.7%	9.7%	11.4%	11.5%	9.8%	8.9%	11.6%	11.6%	10.7%	8.7%	12.2%	13.1%	12.6%	11.1%	10.7%	9.4%	10.4%	9.9%	7.2%	6.0%	4.2%	4.3%	4.3%	6.2%	5.2%	5.4%	6.6%	6.8%	6.0%	6.2%	4.5%	4.5%	3.5%	3.4%	4.7%	3.5%	4.5%	4.8%

EPS

Quarterly · NT$

EPS NT$-0.24

Show table：EPS

Item	2013Q2	2013Q4	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$）	—	—	—	-0.37	-0.38	-0.53	-0.29	-0.34	-0.39	-0.37	-0.37	-0.20	-0.22	-0.27	-0.28	-0.23	-0.33	0.01	-0.19	-0.35	-0.32	-0.11	-0.03	-0.23	-0.34	-0.30	-0.10	-0.19	-0.08	-0.21	-0.15	0.00	-0.12	-0.15	-0.21	-0.27	-0.38	-0.20	-0.24	-0.21	-0.20	-0.29	-0.19	-0.30	-0.10	-0.25	-0.25	-0.16	-0.22	-0.21	-0.24

Revenue & profit

Year-to-date · In mn (TWD)

Revenue 13.1 mn Net income -35.5 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 617 mn Total liabilities 29.3 mn

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

Cash flow

Year-to-date · In mn (TWD)

Operating -28.0 mn Investing 21.7 mn Financing -2.33 mn

Positive = cash in, negative = cash out.

Profitability

Year-to-date · %

Gross margin 42.6% Operating margin -311.3% Net margin -271.1%

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

Returns & leverage

Year-to-date · %

ROE -11.2% ROA -10.7% Debt ratio 4.8%

EPS

Year-to-date · NT$

EPS NT$-0.45

Revenue & profit

Annual · In mn (TWD)

Revenue 30.4 mn Net income -71.4 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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	0.14	10.1	21.2	72.3	84.1	63.9	85.8	61.6	65.3	53.1	30.4
Gross profit	0.14	10.1	20.0	49.5	62.2	42.3	60.7	38.0	41.0	32.9	10.0
Operating income	-64.0	-59.5	-64.0	-80.1	-56.3	-56.3	-36.8	-64.3	-54.0	-64.7	-88.0
Pre-tax income	-61.7	-54.6	-58.6	-42.3	-47.5	-43.0	-26.9	-54.3	-43.1	-52.9	-71.4
Net income	-61.7	-54.6	-58.6	-42.3	-47.5	-43.0	-26.9	-54.3	-43.1	-52.9	-71.4

Balance sheet

Annual · In mn (TWD)

Total assets 623 mn Total liabilities 21.9 mn

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

Show table：Balance sheet

Item	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Current assets	301	677	612	522	482	423	401	360	326	418	410
Total assets	382	756	700	778	734	657	616	554	513	695	623
Current liabilities	7.78	21.3	36.0	59.1	72.0	47.7	26.1	27.4	24.4	25.1	18.1
Total liabilities	7.78	78.9	80.3	90.1	96.2	61.4	36.7	34.1	34.7	31.2	21.9
Equity	375	677	619	688	638	595	579	520	478	664	601

Cash flow

Annual · In mn (TWD)

Operating -47.1 mn Investing 58.9 mn Financing -5.02 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Operating	-61.0	-348	-48.9	-69.0	-38.0	-50.0	-39.0	-34.2	-41.6	-51.9	-47.1
Investing	-1.76	-4.74	-183	116	14.2	5.92	49.2	27.1	27.3	-185	58.9
Financing	183	354	—	—	-2.34	-5.11	-11.3	-4.42	-3.10	225	-5.02
Cash at period end	268	270	38.5	135	109	59.6	58.5	47.0	29.7	17.8	24.6

Profitability

Annual · %

Gross margin 32.9% Operating margin -289.0% Net margin -234.5%

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

Show table：Profitability

Item	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Gross margin	98.6%	100.0%	94.6%	68.4%	73.9%	66.2%	70.7%	61.7%	62.9%	62.0%	32.9%
Operating margin	-45412.8%	-588.1%	-302.2%	-110.7%	-66.9%	-88.0%	-42.9%	-104.3%	-82.7%	-121.8%	-289.0%
Net margin	-43730.5%	-539.4%	-276.8%	-58.5%	-56.5%	-67.3%	-31.3%	-88.2%	-66.1%	-99.6%	-234.5%

Returns & leverage

Annual · %

ROE -11.3% ROA -10.8% Debt ratio 3.5%

Show table：Returns & leverage

Item	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
ROE	-16.5%	-10.4%	-9.1%	-6.5%	-7.2%	-7.0%	-4.6%	-9.9%	-8.7%	-9.3%	-11.3%
ROA	-16.1%	-9.6%	-8.1%	-5.7%	-6.3%	-6.2%	-4.2%	-9.3%	-8.1%	-8.8%	-10.8%
Debt ratio	2.0%	10.4%	11.5%	11.6%	13.1%	9.4%	6.0%	6.2%	6.8%	4.5%	3.5%

EPS

Annual · NT$

EPS NT$-0.88

Show table：EPS

Item	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
EPS（NT$）	-1.55	-1.16	-1.11	-0.85	-0.71	-0.67	-0.48	-1.01	-0.85	-0.88	-0.88

Source: Taiwan MOPS financial statements

AmCad annual reports

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

About AmCad filings

Where can I download AmCad (4188) 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.