Financial Reports Latest Updates Industry Maps Economic Calendar

PCC (9904) Annual Reports

Q: Where can I download PCC (9904) 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 Taiwan Stock Exchange (TWSE), classified under Travel & Leisure. 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 Travel & Leisure stocks →
Listing date： 1990-01-19
Incorporated： 1969-09-04
Paid-in capital： NT$29.5bn

Website：Official site ↗

Financial history

Revenue & profit

Quarterly · In bn (TWD)

Revenue 63.0 bn Net income 5.38 bn

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	50.8	59.9	55.9	60.1	55.8	64.0	59.8	64.3	62.3	70.5	65.7	70.6	67.4	73.3	64.2	70.0	65.6	71.3	69.2	72.6	67.3	74.2	73.3	78.7	76.6	80.9	76.6	79.0	59.5	63.4	59.1	68.0	70.9	64.9	45.6	58.5	67.3	68.3	69.0	62.9	64.4	63.1	58.3	60.9	63.3	65.3	66.8	68.4	67.0	62.8	58.8	62.8	63.1	63.0
Gross profit	10.8	13.2	12.5	14.1	13.1	14.4	12.9	14.9	14.3	16.5	15.4	18.4	16.8	18.7	16.3	18.6	16.7	18.7	17.8	19.8	17.3	18.7	18.7	20.8	19.7	20.6	19.0	20.2	12.7	12.6	12.7	16.8	18.2	17.1	9.09	13.8	16.2	15.8	17.4	15.3	15.4	15.0	14.0	16.7	16.1	15.6	16.4	17.1	15.6	14.3	13.8	14.5	14.0	12.6
Operating income	1.24	3.31	2.04	3.52	2.66	0.62	2.09	2.56	2.23	3.67	2.82	3.64	3.63	5.37	3.54	5.09	3.90	4.49	3.74	4.93	3.12	3.20	3.36	4.13	3.44	3.75	3.15	3.62	-1.41	-2.11	-0.92	2.34	3.38	3.05	-3.40	-0.56	2.57	2.39	3.60	2.04	2.03	1.79	1.52	4.87	3.79	3.30	4.14	4.72	2.97	2.85	2.99	2.75	1.99	0.85
Pre-tax income	2.24	5.44	6.40	4.65	2.78	2.14	6.09	4.87	4.35	6.27	5.75	3.87	5.96	6.00	6.73	7.59	4.65	6.20	7.71	6.26	4.66	5.03	5.34	5.24	5.18	6.50	6.93	2.91	0.44	-0.43	3.45	2.51	9.21	6.11	0.9	0.94	6.76	7.41	8.22	-0.96	2.86	5.12	7.89	3.59	7.90	6.45	9.37	6.00	6.25	4.12	6.38	5.31	3.79	5.61
Net income	2.05	4.72	5.91	4.24	2.17	1.64	5.67	4.39	3.70	4.81	5.05	3.03	4.94	5.16	6.13	6.77	3.79	5.08	7.01	5.86	3.73	3.93	4.62	4.08	4.44	5.94	5.71	1.91	0.08	-1.43	3.33	1.94	8.13	5.33	1.56	1.59	6.07	6.07	7.15	-2.41	2.18	4.19	6.99	2.61	6.51	5.02	8.15	3.76	5.04	3.04	5.35	4.82	3.07	5.38

Balance sheet

Quarterly · In bn (TWD)

Total assets 411 bn Total liabilities 140 bn

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	123	124	127	131	136	132	140	144	144	140	146	146	149	146	151	151	152	150	181	155	157	165	170	164	173	162	165	166	158	160	151	156	163	160	159	163	177	177	185	159	159	155	169	158	172	169	173	165	176	159	161	161	160	159
Total assets	247	243	244	248	256	253	261	273	276	270	281	281	289	286	291	294	288	291	328	302	307	316	319	304	342	350	365	363	339	359	353	369	359	364	358	367	349	307	320	325	326	325	339	328	348	348	360	351	361	322	346	356	375	411
Current liabilities	69.4	60.2	61.6	67.3	73.5	77.2	75.2	74.6	78.8	87.1	90.6	92.2	83.3	82.0	85.7	74.7	78.6	74.7	105	84.5	88.8	95.6	101	93.3	106	103	101	98.2	93.9	98.4	86.4	85.4	89.3	86.5	115	88.8	97.5	99.0	98.8	81.4	80.8	78.6	85.1	85.0	83.5	81.9	91.0	82.7	90.1	85.5	83.4	85.2	108	97.9
Total liabilities	111	112	113	111	113	115	120	121	122	119	127	126	132	128	134	131	132	131	172	144	145	155	161	152	169	166	173	173	169	175	166	168	168	163	160	159	164	167	170	142	138	133	141	125	132	128	138	126	136	128	133	131	140	140
Equity	136	131	132	138	143	138	140	152	154	151	154	155	157	158	157	163	156	160	155	158	161	161	158	152	172	184	192	190	170	184	187	201	191	201	198	208	186	140	149	182	187	193	198	203	215	219	222	225	226	194	214	224	234	271

Cash flow

Quarterly · In bn (TWD)

Operating 1.54 bn Investing 0.37 bn Financing -1.13 bn

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	-2.55	5.12	7.62	3.69	1.71	7.50	5.42	-0.87	5.33	5.81	3.40	7.50	4.01	-0.12	8.08	3.73	5.55	-2.07	5.55	7.77	-1.37	1.88	6.92	3.12	4.22	3.78	7.05	9.46	5.89	2.76	11.1	0.61	-0.12	4.72	5.15	2.89	-6.79	2.72	9.46	18.7	8.21	4.49	11.5	7.64	-0.14	1.68	3.03	6.20	-3.92	12.0	2.37	4.44	-4.39	1.54
Investing	-0.92	-0.08	0.24	-2.35	-1.78	-1.85	-1.51	-1.98	-1.26	-2.26	-3.14	-2.79	-6.35	-2.07	-1.83	-3.59	-1.62	-2.63	-1.88	-4.54	-0.66	-2.79	-3.11	-0.15	-3.35	-9.32	-1.14	-1.14	-1.05	-4.77	-2.94	1.28	-1.42	-1.82	0.49	-0.22	0.92	4.03	0.73	-0.31	-2.37	-1.22	-0.55	-0.27	2.67	-6.13	-6.77	-1.93	-4.41	1.29	-4.17	-6.21	-7.03	0.37
Financing	5.01	-8.52	-1.86	-3.82	5.54	-8.82	1.88	2.89	0.16	-9.18	5.79	-4.03	3.23	-2.17	-2.73	-2.04	-4.59	-1.40	21.8	-27.9	0.48	4.43	-5.94	-5.20	3.41	0.57	-4.13	-2.81	-1.89	7.10	-16.7	-5.35	1.97	-3.30	-3.40	-8.02	3.75	1.57	-6.06	-21.0	-7.78	-4.82	-1.19	-11.1	1.65	-5.93	1.08	-9.93	6.97	-4.11	-2.69	-2.91	6.65	-1.13
Cash at period end	29.4	25.4	31.8	29.6	34.2	31.4	36.6	34.8	39.6	34.7	38.3	37.8	39.7	34.8	39.4	35.7	38.3	33.1	58.2	34.1	34.1	36.9	34.0	32.3	37.2	32.4	33.4	37.0	39.9	44.1	35.7	32.1	32.4	31.4	33.8	28.4	27.9	36.8	43.4	39.3	37.0	35.4	47.5	40.6	47.2	37.7	34.1	29.9	29.7	30.3	28.9	27.3	24.1	25.0

Profitability

Quarterly · %

Gross margin 20.0% Operating margin 1.4% Net margin 8.5%

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	21.2%	22.1%	22.3%	23.4%	23.4%	22.5%	21.6%	23.1%	22.9%	23.4%	23.4%	26.1%	24.9%	25.5%	25.4%	26.6%	25.5%	26.2%	25.8%	27.3%	25.7%	25.2%	25.5%	26.4%	25.7%	25.5%	24.9%	25.5%	21.4%	19.9%	21.4%	24.6%	25.7%	26.3%	19.9%	23.7%	24.1%	23.1%	25.2%	24.3%	24.0%	23.8%	23.9%	27.4%	25.5%	23.8%	24.5%	25.1%	23.3%	22.7%	23.5%	23.0%	22.1%	20.0%
Operating margin	2.4%	5.5%	3.6%	5.8%	4.8%	1.0%	3.5%	4.0%	3.6%	5.2%	4.3%	5.2%	5.4%	7.3%	5.5%	7.3%	6.0%	6.3%	5.4%	6.8%	4.6%	4.3%	4.6%	5.3%	4.5%	4.6%	4.1%	4.6%	-2.4%	-3.3%	-1.6%	3.4%	4.8%	4.7%	-7.5%	-0.9%	3.8%	3.5%	5.2%	3.2%	3.1%	2.8%	2.6%	8.0%	6.0%	5.0%	6.2%	6.9%	4.4%	4.5%	5.1%	4.4%	3.2%	1.4%
Net margin	4.0%	7.9%	10.6%	7.0%	3.9%	2.6%	9.5%	6.8%	6.0%	6.8%	7.7%	4.3%	7.3%	7.0%	9.6%	9.7%	5.8%	7.1%	10.1%	8.1%	5.5%	5.3%	6.3%	5.2%	5.8%	7.3%	7.5%	2.4%	0.1%	-2.3%	5.6%	2.9%	11.5%	8.2%	3.4%	2.7%	9.0%	8.9%	10.4%	-3.8%	3.4%	6.6%	12.0%	4.3%	10.3%	7.7%	12.2%	5.5%	7.5%	4.8%	9.1%	7.7%	4.9%	8.5%

Returns & leverage

Quarterly · %

ROE 8.0% ROA 5.1% Debt ratio 34.1%

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	—	—	—	12.3%	12.2%	10.4%	10.1%	9.6%	10.4%	12.9%	12.2%	10.8%	11.5%	11.8%	12.4%	14.5%	13.9%	13.7%	14.5%	13.5%	13.7%	12.8%	11.6%	10.5%	10.2%	11.1%	11.5%	10.5%	8.0%	3.4%	2.1%	2.0%	6.6%	9.7%	8.8%	8.1%	7.7%	9.0%	12.0%	8.7%	7.0%	6.7%	6.3%	8.3%	10.1%	10.3%	10.6%	11.0%	10.0%	9.7%	7.9%	8.1%	7.1%	8.0%
ROA	—	—	—	6.8%	6.8%	5.6%	5.4%	5.3%	5.8%	7.1%	6.6%	6.0%	6.3%	6.5%	6.7%	8.0%	7.6%	7.5%	7.3%	7.3%	7.3%	6.8%	5.6%	5.4%	5.3%	5.7%	5.9%	5.4%	4.0%	1.8%	1.1%	1.1%	3.4%	5.2%	4.8%	4.5%	4.1%	4.6%	6.2%	4.9%	3.9%	3.5%	3.3%	4.9%	6.0%	6.3%	6.4%	6.9%	6.2%	6.0%	4.9%	5.2%	4.4%	5.1%
Debt ratio	45.0%	46.0%	46.1%	44.5%	44.2%	45.5%	46.1%	44.3%	44.3%	44.2%	45.2%	44.8%	45.6%	44.7%	45.9%	44.5%	45.7%	45.0%	52.6%	47.5%	47.4%	49.1%	50.5%	50.0%	49.6%	47.5%	47.3%	47.7%	49.8%	48.8%	47.1%	45.5%	46.9%	44.7%	44.6%	43.4%	46.9%	54.4%	53.3%	43.9%	42.5%	40.8%	41.6%	38.1%	38.1%	36.9%	38.4%	35.9%	37.6%	39.7%	38.3%	37.0%	37.4%	34.1%

EPS

Quarterly · NT$

EPS NT$1.61

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$）	0.45	0.91	1.33	0.93	0.36	0.39	1.34	0.84	0.71	0.91	1.21	0.41	1.02	0.73	1.27	1.41	0.55	0.90	1.63	1.30	0.69	0.96	1.23	0.75	0.99	1.37	1.49	0.16	0.40	-0.18	1.14	0.28	2.13	1.25	0.87	0.65	1.57	1.72	1.94	-0.94	0.34	1.19	2.06	0.02	1.58	1.16	1.94	0.76	1.22	0.53	1.28	1.07	0.76	1.61

Revenue & profit

Year-to-date · In bn (TWD)

Revenue 126 bn Net income 8.45 bn

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 bn (TWD)

Total assets 411 bn Total liabilities 140 bn

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

Cash flow

Year-to-date · In bn (TWD)

Operating -2.85 bn Investing -6.66 bn Financing 5.52 bn

Positive = cash in, negative = cash out.

Profitability

Year-to-date · %

Gross margin 21.1% Operating margin 2.3% Net margin 6.7%

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

Returns & leverage

Year-to-date · %

ROE 8.0% ROA 5.1% Debt ratio 34.1%

EPS

Year-to-date · NT$

EPS NT$2.37

Revenue & profit

Annual · In bn (TWD)

Revenue 251 bn Net income 18.3 bn

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	227	244	269	275	279	293	313	250	240	268	247	264	251
Gross profit	50.5	55.3	64.5	70.4	73.1	75.5	79.5	54.8	58.2	64.6	61.1	65.2	58.1
Operating income	10.1	7.92	12.3	17.6	17.1	13.8	13.9	-2.11	2.48	10.6	10.2	15.9	11.6
Pre-tax income	18.7	15.9	20.2	26.3	24.8	20.3	21.5	5.96	17.2	21.4	19.5	29.7	22.1
Net income	16.9	13.9	16.6	23.0	21.7	16.4	18.0	3.92	16.6	16.9	16.0	23.4	18.3

Balance sheet

Annual · In bn (TWD)

Total assets 356 bn Total liabilities 131 bn

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	131	144	146	151	155	164	166	156	163	159	158	165	161
Total assets	248	273	281	294	302	304	363	369	367	325	328	351	356
Current liabilities	67.3	74.6	92.2	74.7	84.5	93.3	98.2	85.4	88.8	81.4	85.0	82.7	85.2
Total liabilities	111	121	126	131	144	152	173	168	159	142	125	126	131
Equity	138	152	155	163	158	152	190	201	208	182	203	225	224

Cash flow

Annual · In bn (TWD)

Operating 14.9 bn Investing -13.5 bn Financing -2.74 bn

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	13.9	13.8	22.0	15.7	16.8	10.5	24.5	20.4	12.6	24.1	31.8	10.8	14.9
Investing	-3.10	-7.12	-9.46	-13.8	-10.7	-6.71	-14.9	-7.48	-2.97	5.37	-4.41	-12.2	-13.5
Financing	-9.19	1.49	-7.27	-3.70	-12.2	-6.23	-2.97	-16.8	-12.7	-21.7	-24.9	-13.1	-2.74
Cash at period end	29.6	34.8	37.8	35.7	34.1	32.3	37.0	32.1	28.4	39.3	40.6	29.9	27.3

Profitability

Annual · %

Gross margin 23.1% Operating margin 4.6% Net margin 7.3%

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	22.3%	22.6%	24.0%	25.6%	26.2%	25.7%	25.4%	21.9%	24.3%	24.1%	24.8%	24.7%	23.1%
Operating margin	4.5%	3.3%	4.6%	6.4%	6.1%	4.7%	4.5%	-0.8%	1.0%	4.0%	4.1%	6.0%	4.6%
Net margin	7.5%	5.7%	6.2%	8.4%	7.8%	5.6%	5.8%	1.6%	6.9%	6.3%	6.5%	8.9%	7.3%

Returns & leverage

Annual · %

ROE 8.1% ROA 5.2% Debt ratio 37.0%

Show table：Returns & leverage

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
ROE	12.3%	9.6%	10.8%	14.5%	13.5%	10.5%	10.5%	2.0%	8.1%	8.7%	8.3%	11.0%	8.1%
ROA	6.8%	5.3%	6.0%	8.0%	7.3%	5.4%	5.4%	1.1%	4.5%	4.9%	4.9%	6.9%	5.2%
Debt ratio	44.5%	44.3%	44.8%	44.5%	47.5%	50.0%	47.7%	45.5%	43.4%	43.9%	38.1%	35.9%	37.0%

EPS

Annual · NT$

EPS NT$4.10

Show table：EPS

Item	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
EPS（NT$）	3.62	2.93	3.24	4.43	4.38	3.63	4.01	1.64	4.90	4.29	3.61	5.44	4.10

Source: Taiwan MOPS financial statements

PCC annual reports

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

About PCC filings

Where can I download PCC (9904) 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.