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C.T.Publishing (8923) Annual Reports

Q: Where can I download C.T.Publishing (8923) 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 Media & Entertainment. 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 Media & Entertainment stocks →
Listing date： 1999-12-27
Incorporated： 1985-11-05
Paid-in capital： NT$304m

Website：Official site ↗

Financial history

Revenue & profit

Quarterly · In mn (TWD)

Revenue 125 mn Net income 6.16 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	81.0	77.3	77.2	102	84.7	85.5	83.9	105	97.3	98.8	99.0	105	111	106	114	111	103	106	88.7	134	117	99.0	95.2	111	114	117	93.5	104	97.1	106	108	119	109	85.5	114	133	114	110	112	132	101	99.8	108	118	110	95.6	98.1	132	132	106	93.1	117	111	125
Gross profit	37.6	37.4	38.4	49.8	41.5	42.1	39.9	52.1	48.1	44.9	49.0	49.1	53.0	49.6	49.5	52.4	50.4	49.7	39.5	71.9	57.3	46.2	40.8	45.7	50.0	52.8	36.0	50.5	41.0	43.0	44.7	56.4	45.3	39.9	51.7	60.2	48.7	46.1	51.3	61.5	41.1	47.6	48.3	56.5	49.8	45.0	45.6	53.6	59.5	46.9	38.4	54.3	48.1	47.0
Operating income	1.49	1.08	2.66	18.3	3.48	2.07	0.86	16.9	7.17	1.54	2.95	11.9	8.08	3.29	4.85	11.3	5.77	3.30	-3.53	19.8	12.3	-1.20	-3.97	13.8	5.11	10.2	-7.80	10.0	0.21	2.46	4.72	11.2	5.78	2.42	11.6	13.2	7.81	4.60	2.61	11.6	1.92	6.83	6.73	10.8	9.15	3.60	0.47	5.02	13.5	2.17	-6.17	7.42	-0.42	4.01
Pre-tax income	5.30	2.97	2.67	16.2	7.87	3.63	4.55	18.4	9.82	4.13	9.97	16.8	11.8	5.64	8.04	12.3	6.96	6.71	-0.43	23.9	12.2	5.29	-5.08	19.0	10.1	13.9	0.29	11.4	1.14	9.66	7.50	17.1	6.20	1.57	16.2	12.9	12.4	10.8	12.0	7.40	2.43	8.77	8.37	12.5	12.2	4.01	4.78	13.6	18.0	1.86	1.37	13.0	6.34	7.36
Net income	4.43	2.56	2.15	13.5	6.61	3.02	3.84	15.5	7.96	2.71	8.15	10.3	10.3	4.22	6.69	10.1	5.61	6.07	-0.05	19.9	13.8	4.38	-4.05	14.8	8.64	11.3	1.39	9.01	0.33	8.40	6.26	13.7	4.79	1.15	13.9	10.4	9.97	8.80	9.90	5.75	2.20	7.69	6.96	10.0	10.4	3.93	3.87	10.2	14.7	1.57	1.96	11.0	5.35	6.16

Balance sheet

Quarterly · In mn (TWD)

Total assets 920 mn Total liabilities 477 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	467	449	423	448	447	450	435	482	475	495	482	489	493	501	493	484	464	489	432	519	490	509	479	528	524	549	496	516	491	508	484	526	513	509	535	554	543	551	551	584	553	553	542	561	558	557	540	575	573	574	543	573	574	621
Total assets	695	687	673	689	676	676	661	707	702	723	713	723	727	746	741	742	719	738	688	766	738	751	714	764	806	827	765	784	756	770	745	786	769	759	784	800	787	792	848	880	847	840	837	854	851	849	836	890	884	878	851	886	887	920
Current liabilities	238	256	239	239	216	243	224	249	237	281	264	265	263	302	295	283	265	304	252	313	278	314	279	315	313	353	298	311	286	320	293	322	304	296	334	342	320	344	342	374	340	358	349	357	345	364	349	371	352	374	347	372	371	428
Total liabilities	266	283	267	266	244	271	252	271	259	303	286	289	284	323	315	304	282	321	270	331	292	328	293	327	356	394	336	347	319	350	321	347	325	314	351	356	333	358	403	428	392	409	398	405	391	409	392	436	415	434	404	427	423	477
Equity	429	403	406	423	432	405	410	436	443	420	427	435	443	422	426	438	437	417	418	434	447	423	420	436	450	434	429	438	438	420	425	439	444	445	433	444	454	435	445	452	455	432	439	449	460	440	444	454	469	444	446	459	464	443

Cash flow

Quarterly · In mn (TWD)

Operating 16.3 mn Investing -36.9 mn Financing -2.75 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	14.8	-3.85	8.92	22.5	19.3	-0.6	12.3	15.0	15.6	17.1	-6.45	15.5	17.1	21.7	26.9	5.77	6.07	12.4	6.46	23.8	25.0	27.4	10.2	34.6	21.0	6.79	14.9	30.1	3.19	18.5	9.52	38.4	19.7	12.6	30.8	24.4	26.8	9.00	29.6	24.3	6.37	5.99	21.3	29.1	25.4	0.61	23.1	23.2	29.9	31.6	12.8	35.3	15.8	16.3
Investing	3.24	38.3	-28.1	-11.4	-18.6	-19.0	30.8	-9.06	-20.8	-21.0	19.8	5.65	-24.0	-30.0	1.07	-13.0	-1.33	7.17	-6.65	-7.43	-16.7	-27.4	-8.24	-21.2	-9.92	-14.2	3.39	-21.9	-10.8	4.06	-12.5	-9.35	-12.1	-4.68	-9.90	6.99	-56.3	-12.9	4.75	27.4	-14.9	-17.1	-16.7	-23.7	-24.1	-16.4	6.64	-7.77	-26.0	-25.1	10.1	-13.9	-13.6	-36.9
Financing	—	—	—	0	0.03	0	-29.2	0.03	0	0	-25.8	-1.17	—	—	-25.8	0	-0.03	0.02	-27.3	0.04	0.16	-0.01	-27.3	-0.02	-2.24	-2.15	-28.0	-2.24	-2.17	-2.23	-28.2	-2.37	-2.41	-2.39	-2.41	-28.2	-2.44	-2.46	-30.1	-2.85	-2.84	-2.86	-33.3	-2.89	-1.32	-1.33	-25.6	-2.66	-2.68	-2.69	-28.5	-2.72	-2.73	-2.75
Cash at period end	53.0	87.8	44.1	55.5	56.2	36.3	50.5	56.9	51.6	47.5	35.5	55.0	48.0	39.4	41.3	33.9	38.0	57.9	30.5	46.9	55.6	55.5	29.8	43.3	52.4	42.7	32.6	38.4	28.7	49.0	17.8	44.6	49.8	55.3	73.8	77.0	45.1	39.0	43.9	91.8	80.5	66.5	37.9	40.3	40.3	21.8	27.4	40.1	41.7	43.5	39.6	58.2	57.6	34.3

Profitability

Quarterly · %

Gross margin 37.5% Operating margin 3.2% Net margin 4.9%

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	46.4%	48.4%	49.6%	49.1%	49.0%	49.2%	47.6%	49.8%	49.4%	45.4%	49.5%	46.8%	47.6%	47.0%	43.3%	47.1%	49.0%	47.0%	44.5%	53.5%	49.1%	46.6%	42.9%	41.3%	43.8%	45.3%	38.5%	48.8%	42.2%	40.7%	41.5%	47.4%	41.6%	46.7%	45.5%	45.2%	42.8%	41.9%	45.6%	46.5%	40.9%	47.7%	44.8%	47.8%	45.4%	47.1%	46.5%	40.5%	45.1%	44.4%	41.3%	46.6%	43.5%	37.5%
Operating margin	1.8%	1.4%	3.4%	18.0%	4.1%	2.4%	1.0%	16.2%	7.4%	1.6%	3.0%	11.3%	7.3%	3.1%	4.3%	10.2%	5.6%	3.1%	-4.0%	14.8%	10.5%	-1.2%	-4.2%	12.4%	4.5%	8.7%	-8.3%	9.7%	0.2%	2.3%	4.4%	9.4%	5.3%	2.8%	10.2%	9.9%	6.9%	4.2%	2.3%	8.8%	1.9%	6.8%	6.2%	9.1%	8.3%	3.8%	0.5%	3.8%	10.3%	2.0%	-6.6%	6.4%	-0.4%	3.2%
Net margin	5.5%	3.3%	2.8%	13.3%	7.8%	3.5%	4.6%	14.8%	8.2%	2.8%	8.2%	9.8%	9.3%	4.0%	5.9%	9.1%	5.5%	5.7%	-0.1%	14.8%	11.8%	4.4%	-4.3%	13.4%	7.6%	9.7%	1.5%	8.7%	0.3%	8.0%	5.8%	11.5%	4.4%	1.3%	12.3%	7.8%	8.8%	8.0%	8.8%	4.3%	2.2%	7.7%	6.5%	8.5%	9.5%	4.1%	4.0%	7.7%	11.2%	1.5%	2.1%	9.4%	4.8%	4.9%

Returns & leverage

Quarterly · %

ROE 5.5% ROA 2.7% Debt ratio 51.9%

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	—	—	—	5.3%	5.8%	6.3%	6.6%	6.8%	6.9%	7.3%	8.2%	6.7%	7.1%	7.8%	7.4%	7.2%	6.0%	6.8%	5.2%	7.2%	9.0%	9.0%	8.1%	6.7%	5.3%	7.2%	8.5%	6.9%	5.0%	4.5%	5.6%	6.5%	7.5%	6.0%	7.8%	6.9%	7.9%	9.8%	8.9%	7.7%	5.9%	5.9%	5.1%	6.0%	7.7%	7.2%	6.4%	6.3%	7.0%	6.9%	6.4%	6.4%	4.3%	5.5%
ROA	—	—	—	3.3%	3.6%	3.7%	4.0%	4.2%	4.4%	4.3%	5.0%	4.1%	4.4%	4.5%	4.3%	4.3%	3.7%	3.8%	3.0%	4.2%	5.4%	5.1%	4.8%	3.8%	3.1%	3.9%	4.9%	3.9%	2.8%	2.4%	3.2%	3.6%	4.3%	3.4%	4.4%	3.8%	4.5%	5.5%	4.8%	4.1%	3.3%	3.1%	2.7%	3.1%	4.1%	3.7%	3.4%	3.3%	3.8%	3.5%	3.4%	3.3%	2.2%	2.7%
Debt ratio	38.3%	41.3%	39.7%	38.6%	36.1%	40.0%	38.1%	38.3%	36.9%	41.9%	40.1%	39.9%	39.0%	43.4%	42.6%	41.0%	39.2%	43.5%	39.2%	43.3%	39.5%	43.7%	41.1%	42.9%	44.2%	47.6%	44.0%	44.2%	42.1%	45.4%	43.0%	44.2%	42.3%	41.4%	44.8%	44.5%	42.3%	45.1%	47.5%	48.6%	46.3%	48.6%	47.5%	47.4%	45.9%	48.2%	46.9%	49.0%	46.9%	49.4%	47.5%	48.2%	47.6%	51.9%

EPS

Quarterly · NT$

EPS NT$0.20

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$）	0.15	0.08	0.07	0.44	0.22	0.10	0.12	0.51	0.26	0.09	0.27	0.34	0.34	0.14	0.22	0.33	0.18	0.20	0.00	0.66	0.45	0.15	-0.14	0.49	0.28	0.38	0.04	0.30	0.01	0.28	0.20	0.45	0.16	0.04	0.45	0.35	0.33	0.29	0.32	0.19	0.07	0.25	0.23	0.33	0.34	0.13	0.13	0.33	0.48	0.06	0.06	0.36	0.18	0.20

Revenue & profit

Year-to-date · In mn (TWD)

Revenue 236 mn Net income 11.5 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 920 mn Total liabilities 477 mn

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

Cash flow

Year-to-date · In mn (TWD)

Operating 32.0 mn Investing -50.5 mn Financing -5.48 mn

Positive = cash in, negative = cash out.

Profitability

Year-to-date · %

Gross margin 40.3% Operating margin 1.5% Net margin 4.9%

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

Returns & leverage

Year-to-date · %

ROE 5.5% ROA 2.7% Debt ratio 51.9%

EPS

Year-to-date · NT$

EPS NT$0.38

Revenue & profit

Annual · In mn (TWD)

Revenue 447 mn Net income 29.2 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	337	359	400	442	432	422	428	430	441	469	427	436	447
Gross profit	163	176	191	204	211	190	189	185	197	208	194	194	199
Operating income	23.5	23.3	23.5	27.5	25.4	20.9	17.5	18.6	33.0	26.6	26.2	18.3	17.0
Pre-tax income	27.2	34.5	40.7	37.8	37.1	31.4	35.7	35.4	36.9	42.6	32.1	34.6	34.2
Net income	22.6	29.0	29.1	31.4	31.5	28.9	30.3	28.7	30.3	34.4	26.9	28.4	29.2

Balance sheet

Annual · In mn (TWD)

Total assets 886 mn Total liabilities 427 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	448	482	489	484	519	528	516	526	554	584	561	575	573
Total assets	689	707	723	742	766	764	784	786	800	880	854	890	886
Current liabilities	239	249	265	283	313	315	311	322	342	374	357	371	372
Total liabilities	266	271	289	304	331	327	347	347	356	428	405	436	427
Equity	423	436	435	438	434	436	438	439	444	452	449	454	459

Cash flow

Annual · In mn (TWD)

Operating 110 mn Investing -54.9 mn Financing -36.6 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	42.4	46.0	41.7	71.5	48.7	97.3	72.8	69.6	87.6	89.7	62.8	72.3	110
Investing	2.05	-15.9	-16.4	-65.9	-8.24	-73.5	-42.6	-28.6	-19.7	-37.1	-72.4	-41.7	-54.9
Financing	—	-29.1	-27.0	—	-27.3	-27.2	-34.6	-34.9	-35.5	-37.8	-41.8	-30.9	-36.6
Cash at period end	55.5	56.9	55.0	33.9	46.9	43.3	38.4	44.6	77.0	91.8	40.3	40.1	58.2

Profitability

Annual · %

Gross margin 44.5% Operating margin 3.8% Net margin 6.5%

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	48.4%	49.0%	47.8%	46.2%	49.0%	45.1%	44.3%	43.1%	44.7%	44.3%	45.4%	44.5%	44.5%
Operating margin	7.0%	6.5%	5.9%	6.2%	5.9%	4.9%	4.1%	4.3%	7.5%	5.7%	6.2%	4.2%	3.8%
Net margin	6.7%	8.1%	7.3%	7.1%	7.3%	6.9%	7.1%	6.7%	6.9%	7.3%	6.3%	6.5%	6.5%

Returns & leverage

Annual · %

ROE 6.4% ROA 3.3% Debt ratio 48.2%

Show table：Returns & leverage

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
ROE	5.3%	6.8%	6.7%	7.2%	7.2%	6.7%	6.9%	6.5%	6.9%	7.7%	6.0%	6.3%	6.4%
ROA	3.3%	4.2%	4.1%	4.3%	4.2%	3.8%	3.9%	3.6%	3.8%	4.1%	3.1%	3.3%	3.3%
Debt ratio	38.6%	38.3%	39.9%	41.0%	43.3%	42.9%	44.2%	44.2%	44.5%	48.6%	47.4%	49.0%	48.2%

EPS

Annual · NT$

EPS NT$0.96

Show table：EPS

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
EPS（NT$）	0.74	0.95	0.96	1.03	1.04	0.95	1.00	0.94	1.00	1.13	0.88	0.93	0.96

Source: Taiwan MOPS financial statements

C.T.Publishing annual reports

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

About C.T.Publishing filings

Where can I download C.T.Publishing (8923) 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.