GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
M

Mercuries & Associates Holding 2905.TW · TWD

Financials · Taiwan Stock Exchange · 🇹🇼 Taiwan

Compare

17.80

+2.01%

Close of 9 Nov 2026, in TWD

Search any instrument

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, before interest expense

TWD 156.40bn

FY2016FY2025

Net income

TWD 755.1m

FY2016FY2025

Total assets

TWD 1.69trn

FY2016FY2025

Shareholders' equity

TWD 52.72bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue, before interest expenseTWD 156.40bnTWD 163.59bnTWD 160.00bnTWD 147.54bnTWD 166.19bnTWD 180.65bnTWD 228.87bnTWD 196.88bnTWD 206.69bnTWD 193.68bn
Research and developmentTWD 304.2mTWD 298.8mTWD 295.6mTWD 251.8mTWD 225.5mTWD 211.7mTWD 183.5mTWD 180.3mTWD 165.0mTWD 153.9m
Operating incomeTWD 1.53bnTWD 1.63bn−TWD 5.24bn−TWD 5.48bnTWD 756.5mTWD 3.29bnTWD 29.05bnTWD 2.78bnTWD 700.2mTWD 9.0m
Net incomeTWD 755.1mTWD 1.52bn−TWD 2.87bn−TWD 5.09bnTWD 1.89bnTWD 1.40bnTWD 3.45bnTWD 332.0mTWD 1.64bnTWD 2.05bn
Diluted earnings per share0.721.42-2.70-5.752.191.623.980.381.892.37

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 1.69trnTWD 1.66trnTWD 1.55trnTWD 1.49trnTWD 1.43trnTWD 1.37trnTWD 1.28trnTWD 1.16trnTWD 1.07trnTWD 968.79bn
Cash and short-term investmentsTWD 79.99bnTWD 31.60bnTWD 64.87bnTWD 50.38bnTWD 100.76bnTWD 148.29bnTWD 97.30bnTWD 69.98bnTWD 63.63bnTWD 59.77bn
Total liabilitiesTWD 1.60trnTWD 1.61trnTWD 1.50trnTWD 1.45trnTWD 1.38trnTWD 1.32trnTWD 1.24trnTWD 1.13trnTWD 1.03trnTWD 935.23bn
DebtTWD 45.04bnTWD 27.40bnTWD 23.82bnTWD 25.80bnTWD 21.98bnTWD 22.10bnTWD 21.57bnTWD 16.94bnTWD 18.99bnTWD 18.02bn
Shareholders' equityTWD 52.72bnTWD 16.66bnTWD 20.17bnTWD 10.18bnTWD 19.72bnTWD 19.63bnTWD 20.57bnTWD 13.45bnTWD 16.92bnTWD 14.12bn
Shares outstanding1,053m1,065m1,065m885m863m861m867m863m868m863m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue, before interest expenseTWD 52.11bnTWD 18.40bnTWD 30.72bnTWD 39.04bnTWD 37.31bnTWD 39.52bnTWD 39.63bnTWD 40.88bn
Operating incomeTWD 6.16bn−TWD 67.7mTWD 328.3mTWD 1.38bnTWD 41.08bnTWD 258.4m−TWD 457.9m−TWD 465.0m
Net incomeTWD 2.01bnTWD 32.9mTWD 197.3mTWD 622.3m−TWD 193.0mTWD 128.5m−TWD 160.0m−TWD 1.00bn
Diluted earnings per share1.900.030.190.59-0.180.12-0.15-0.94
Total assetsTWD 1.69trnTWD 1.62trnTWD 1.69trnTWD 1.63trnTWD 1.58trnTWD 1.67trnTWD 1.66trnTWD 1.64trn
Cash and short-term investmentsTWD 72.08bnTWD 72.61bnTWD 79.99bnTWD 82.73bnTWD 59.68bnTWD 39.30bnTWD 31.60bnTWD 49.26bn
DebtTWD 6.10bnTWD 6.19bnTWD 41.63bnTWD 28.47bnTWD 25.08bnTWD 33.27bnTWD 23.90bnTWD 40.91bn
Shareholders' equityTWD 82.53bnTWD 65.44bnTWD 52.72bnTWD 15.80bnTWD 12.50bnTWD 15.03bnTWD 16.66bnTWD 18.06bn

Financial ratios

Data as of 30 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin1.0%1.0%-3.3%-3.7%0.5%1.8%
Net margin0.5%0.9%-1.8%-3.4%1.1%0.8%
Return on equity1.4%9.1%-14.3%-50.0%9.6%7.1%
Return on assets0.0%0.1%-0.2%-0.3%0.1%0.1%
Revenue growth-4.4%2.2%8.4%-11.2%-8.0%-21.1%
Earnings growth-50.2%-152.8%-43.5%-369.3%35.2%-59.5%
Current ratio3.76x6.13x7.93x9.68x11.28x9.20x
Debt to equity0.79x1.43x1.02x2.24x0.91x0.91x
Equity ratio3.1%1.0%1.3%0.7%1.4%1.4%
Interest coverage5.09x6.41x-20.82x-36.76x6.86x28.88x
R&D as a share of sales0.2%0.2%0.2%0.2%0.1%0.1%
Buybacks as a share of market value1.1%0.0%-20.4%-2.6%-0.2%0.7%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue2.0%-2.8%-1.3%
Operating income—-14.1%—
Net income—-11.6%-6.5%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin1.0%-1.2%-0.4%1.4%
Net margin0.7%-0.9%-0.2%0.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings22.110.7-5.1-2.610.212.64.941.811.17.5
Price to sales0.10.10.10.10.10.10.10.10.10.1

Dividends and splits

Per share, in the currency the company pays

Paid for 2 years. Last went ex-dividend on 10 Sept 2025.

FY2025FY2024FY2022FY2021FY2020FY2019FY2018FY2017
Paid in the year0.3030.200.9880.9780.8890.4440.7110.538
  • 1.01-for-1 split · 8 Sept 2022
  • 11-for-10 split · 5 Aug 2020
  • 27-for-25 split · 3 Aug 2018
  • 1.07-for-1 split · 22 Aug 2017
  • 21-for-20 split · 29 Aug 2016
  • 27-for-25 split · 8 Aug 2013

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.