Merida Industry Co., Ltd.

TWSE:9914 Stock Report

Market Cap: NT$46.3b

Merida Industry Past Earnings Performance

Past criteria checks 1/6

Merida Industry's earnings have been declining at an average annual rate of -9.9%, while the Leisure industry saw earnings growing at 4% annually. Revenues have been growing at an average rate of 1.9% per year. Merida Industry's return on equity is 6.6%, and it has net margins of 5.1%.

Key information

-9.9%

Earnings growth rate

-9.9%

EPS growth rate

Leisure Industry Growth20.7%
Revenue growth rate1.9%
Return on equity6.6%
Net Margin5.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

We Think You Can Look Beyond Merida Industry's (TWSE:9914) Lackluster Earnings

Aug 20
We Think You Can Look Beyond Merida Industry's (TWSE:9914) Lackluster Earnings

Recent updates

Is Merida Industry (TWSE:9914) Using Too Much Debt?

Dec 19
Is Merida Industry (TWSE:9914) Using Too Much Debt?

At NT$161, Is Merida Industry Co., Ltd. (TWSE:9914) Worth Looking At Closely?

Nov 13
At NT$161, Is Merida Industry Co., Ltd. (TWSE:9914) Worth Looking At Closely?

The Return Trends At Merida Industry (TWSE:9914) Look Promising

Oct 04
The Return Trends At Merida Industry (TWSE:9914) Look Promising

We Think You Can Look Beyond Merida Industry's (TWSE:9914) Lackluster Earnings

Aug 20
We Think You Can Look Beyond Merida Industry's (TWSE:9914) Lackluster Earnings

Shareholders Should Be Pleased With Merida Industry Co., Ltd.'s (TWSE:9914) Price

Jul 27
Shareholders Should Be Pleased With Merida Industry Co., Ltd.'s (TWSE:9914) Price

Merida Industry's (TWSE:9914) Shareholders Will Receive A Smaller Dividend Than Last Year

Jun 28
Merida Industry's (TWSE:9914) Shareholders Will Receive A Smaller Dividend Than Last Year

There's Been No Shortage Of Growth Recently For Merida Industry's (TWSE:9914) Returns On Capital

Apr 17
There's Been No Shortage Of Growth Recently For Merida Industry's (TWSE:9914) Returns On Capital

At NT$208, Is Merida Industry Co., Ltd. (TWSE:9914) Worth Looking At Closely?

Apr 02
At NT$208, Is Merida Industry Co., Ltd. (TWSE:9914) Worth Looking At Closely?

Newsflash: Merida Industry Co., Ltd. (TWSE:9914) Analysts Have Been Trimming Their Revenue Forecasts

Mar 15
Newsflash: Merida Industry Co., Ltd. (TWSE:9914) Analysts Have Been Trimming Their Revenue Forecasts

Subdued Growth No Barrier To Merida Industry Co., Ltd. (TWSE:9914) With Shares Advancing 26%

Mar 07
Subdued Growth No Barrier To Merida Industry Co., Ltd. (TWSE:9914) With Shares Advancing 26%

Does Merida Industry Co., Ltd. (TPE:9914) Have A Place In Your Dividend Portfolio?

Feb 26
Does Merida Industry Co., Ltd. (TPE:9914) Have A Place In Your Dividend Portfolio?

Is Merida Industry (TPE:9914) Using Too Much Debt?

Jan 29
Is Merida Industry (TPE:9914) Using Too Much Debt?

We're Watching These Trends At Merida Industry (TPE:9914)

Dec 31
We're Watching These Trends At Merida Industry (TPE:9914)

Investors Who Bought Merida Industry (TPE:9914) Shares Three Years Ago Are Now Up 92%

Dec 18
Investors Who Bought Merida Industry (TPE:9914) Shares Three Years Ago Are Now Up 92%

What To Know Before Buying Merida Industry Co., Ltd. (TPE:9914) For Its Dividend

Nov 25
What To Know Before Buying Merida Industry Co., Ltd. (TPE:9914) For Its Dividend

Revenue & Expenses Breakdown

How Merida Industry makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:9914 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2428,5591,4582,3780
30 Jun 2426,5831,5262,3110
31 Mar 2424,7201,5422,2020
31 Dec 2327,2611,6922,2380
30 Sep 2333,1452,3002,1940
30 Jun 2335,8852,4662,2670
31 Mar 2337,2342,7472,2800
31 Dec 2237,0033,3892,2580
30 Sep 2232,9644,4742,1730
30 Jun 2231,0454,7672,2300
31 Mar 2229,5304,7032,2620
31 Dec 2129,3914,6502,3110
30 Sep 2129,7694,3382,3740
30 Jun 2129,5384,4702,3570
31 Mar 2129,8344,6762,3140
31 Dec 2027,0723,9932,1820
30 Sep 2027,4623,5082,1600
30 Jun 2028,0093,0212,1250
31 Mar 2027,9242,4942,0810
31 Dec 1928,2432,5022,0260
30 Sep 1926,8492,4021,9710
30 Jun 1926,1062,2051,8990
31 Mar 1925,6652,1811,8890
31 Dec 1825,8531,7091,8670
30 Sep 1825,6681,1611,7850
30 Jun 1825,1829001,7990
31 Mar 1823,3655021,7090
31 Dec 1722,3967971,7340
30 Sep 1722,1391,3811,8240
30 Jun 1721,8651,4751,8220
31 Mar 1722,2381,7641,8910
31 Dec 1622,9011,9191,9470
30 Sep 1623,7602,0281,8870
30 Jun 1625,9382,6431,9660
31 Mar 1627,3542,7941,9290
31 Dec 1528,0943,0401,9700
30 Sep 1528,7913,3302,0460
30 Jun 1528,0173,2132,0010
31 Mar 1527,7443,3282,1420
31 Dec 1427,2173,3502,1310
30 Sep 1426,7393,0732,0420
30 Jun 1426,7112,9102,0400
31 Mar 1425,7012,9531,8810
31 Dec 1325,3092,9071,8370

Quality Earnings: 9914 has high quality earnings.

Growing Profit Margin: 9914's current net profit margins (5.1%) are lower than last year (6.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 9914's earnings have declined by 9.9% per year over the past 5 years.

Accelerating Growth: 9914's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 9914 had negative earnings growth (-36.6%) over the past year, making it difficult to compare to the Leisure industry average (-15.6%).


Return on Equity

High ROE: 9914's Return on Equity (6.6%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 18:00
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Merida Industry Co., Ltd. is covered by 29 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Qihui LiBarclays
Jenny TsaiBNP Paribas Securities (Asia)
Ronald LeungBofA Global Research