YOLFTbeta
Merida Industry Co Ltd

Merida Industry Co Ltd

9914 · TW · Consumer Cyclical / Leisure

61.60TWD+0.90 (+1.48%)

Price History

Full chart

Market Stats

Previous Close60.70
Open61.50
Day Range60.40 – 62.10
52-Week Range55.10 – 110.00
Volume1.17M
Market Cap20.42B
P/E (TTM)19.85
Forward P/E14.39
EPS3.44
Dividend Yield4.10%
Beta0.56
50-Day Avg77.40
200-Day Avg74.34

About

Merida Industry Co., Ltd., together with its subsidiaries, manufactures and sells bicycles and components in Taiwan, China, Hong Kong, Japan, and Europe. The company offers mountain bikes, road bikes, fitness bikes, gravel bikes, trekking bikes, and e-bikes, as well as bikes for youth and kids. It also provides handlebars, stems, grips and bartapes, seatposts and clamps, saddles, pedals, protection and EQ parts, and spare parts; backpacks, bags, brackets, lights, bells, pumps, bottles and cages, tools, and locks; and apparel comprising jerseys, shorts, jackets and vests, helmets, shoes, gloves, socks and shoe covers, and sunglasses. In addition, the company offers women apparel. The company was founded in 1961 and is headquartered in Changhua, Taiwan.

Company Details

  • SectorConsumer Cyclical
  • IndustryLeisure
  • CEOMr. Ming-Gen Liu
  • Employees0
  • HeadquartersNo. 116, Meigang Road, Changhua, Taiwan, 515, Taiwan
  • Websitehttps://www.merida-bikes.com/en

Leadership

  • Mr. Ming-Gen LiuVP, Principal Accounting Officer, Financial Officer Representative Director
  • Mr. Ru-Ding LaiVP of Manufacturing Affair Department & Director
  • Ms. Hui-Juan ZengHead of Finance Management Division
  • Mr. Ching-Cheng TsengVP of Domestic Sales & Representative Director
  • Mr. Shang-Yuan ZengGeneral Manager
  • Mr. Xue-Liang CaiSenior Vice President of Administration Affairs Department
  • Ming-Feng WuChief Internal Auditor

Financials

Income Statement

Currency: TWD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.03B4.30B5.08B6.02B7.07B7.96B8.74B12.78B15.57B15.27B16.78B20.16B24.38B25.31B27.22B28.09B22.90B22.40B25.85B28.24B27.07B29.39B37.00B27.26B29.63B26.76B
Growth (%)--14.53%+18.33%+18.43%+17.47%+12.59%+9.79%+46.21%+21.84%-1.97%+9.95%+20.09%+20.95%+3.82%+7.54%+3.22%-18.48%-2.21%+15.43%+9.25%-4.15%+8.57%+25.90%-26.33%+8.70%-9.71%
Cost of Revenue4.21B3.76B4.39B5.23B6.09B6.77B7.48B10.81B13.16B13.32B14.76B17.29B20.42B20.76B22.35B23.27B19.61B19.72B22.46B24.42B23.29B25.30B30.61B22.15B24.25B22.80B
Gross Profit------1.26B1.97B2.41B1.95B2.02B2.87B3.96B4.54B4.87B4.83B3.29B2.68B3.39B3.82B3.79B4.09B6.39B5.11B5.38B3.96B
Gross Margin------14.41%15.43%15.50%12.75%12.03%14.22%16.25%17.96%17.89%17.18%14.37%11.97%13.11%13.52%13.99%13.91%17.27%18.76%18.16%14.80%
Operating Expense------747.34M893.09M1.21B1.24B1.18B1.35B1.63B1.89B2.21B2.00B1.75B1.65B2.04B582.64M-1.48B-2.17B1.82B1.73B2.32B2.30B
Operating Income251.89M-280.65M204.74M308.49M453.40M512.59M1.08B1.20B711.27M841.37M1.52B2.33B2.66B2.66B2.82B1.54B1.03B1.35B3.24B5.27B6.26B4.58B3.39B3.06B1.66B
Operating Margin5.01%-5.52%3.40%4.36%5.69%5.86%8.45%7.70%4.66%5.01%7.53%9.55%10.51%9.78%10.05%6.72%4.59%5.23%11.46%19.46%21.29%12.37%12.42%10.34%6.22%
EBITDA------1.13B2.01B1.81B1.01B992.11M1.65B2.60B2.81B2.88B3.06B1.79B1.28B1.60B3.51B5.55B6.54B4.91B4.00B-177.29M1.95B
EBITDA Margin------12.90%15.70%11.62%6.59%5.91%8.20%10.68%11.08%10.58%10.90%7.80%5.72%6.20%12.42%20.48%22.26%13.26%14.67%-0.60%7.28%
Net Income214.21M-118.45M209.85M423.86M612.00M732.56M1.33B1.19B1.13B1.25B1.82B2.33B2.91B3.35B3.04B1.92B797.36M1.71B2.50B3.99B4.65B3.39B1.69B-699.10M1.20B
Net Income Margin4.26%-2.33%3.49%5.99%7.69%8.38%10.42%7.64%7.38%7.44%9.01%9.54%11.49%12.31%10.82%8.38%3.56%6.61%8.86%14.75%15.82%9.16%6.21%-2.36%4.49%
R&D----------------------4.59M3.45M--
R&D as % of Total Revenue----------------------0.01%0.01%--
Interest Expense00000027.16M32.97M37.52M40.93M24.68M20.64M29.69M26.51M27.21M21.88M22.66M27.04M50.99M43.87M52.01M47.42M77.44M228.50M239.82M211.61M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.31%0.26%0.24%0.27%0.15%0.10%0.12%0.10%0.10%0.08%0.10%0.12%0.20%0.16%0.19%0.16%0.21%0.84%0.81%0.79%

Balance Sheet

Currency: TWD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets5.50B6.02B6.30B6.26B6.25B6.61B7.56B9.48B11.49B11.73B11.95B14.00B16.71B18.81B21.78B22.36B21.60B20.95B22.78B25.68B29.68B35.51B42.55B38.16B37.58B35.20B
Total Liabilities2.58B2.92B3.05B2.93B3.10B2.81B3.41B4.41B6.17B5.64B5.98B6.69B7.95B8.22B9.22B8.99B8.52B8.86B9.50B11.28B12.90B16.94B21.06B16.59B17.30B15.38B
Total Equity2.92B3.10B3.25B3.32B3.15B3.72B4.06B4.95B5.13B5.90B5.82B7.16B8.52B10.11B12.01B12.85B12.59B11.59B12.75B13.78B16.03B17.76B20.58B20.52B19.30B19.39B
Cash238.79M170.40M265.75M623.23M632.25M887.45M710.01M1.34B1.06B1.09B1.30B1.13B3.08B3.32B4.07B4.13B3.91B3.15B3.22B3.27B3.93B3.68B5.42B3.46B3.64B3.58B
Total Debt------1.52B1.84B2.89B2.50B2.42B2.45B2.38B1.21B1.49B1.68B1.58B1.79B1.88B2.63B2.80B4.00B6.53B7.61B8.05B7.17B
Net Debt------806.44M494.50M1.83B1.41B1.11B1.32B-700.88M-2.11B-2.57B-2.45B-2.33B-1.35B-1.34B-644.52M-1.13B312.57M1.10B4.15B4.41B3.60B

Cash Flow

Currency: TWD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow553.97M-428.39M814.96M372.08M636.05M478.06M1.08B-174.33M1.01B1.39B770.94M2.89B2.71B3.25B1.94B1.71B305.94M735.93M1.21B2.11B787.70M1.73B-262.19M2.24B2.44B
Investing Cash Flow----263.98M--137.16M1.48M-344.17M-116.18M-255.77M-192.11M97.03M-1.26B-1.18B56.13M126.63M-74.11M-126.06M-276.52M-378.44M-152.63M-102.35M-603.38M-328.06M-295.50M
Financing Cash Flow124.18M851.01M-----517.10M-446.72M226.01M-848.44M-873.70M-798.10M-1.01B-1.32B-1.42B-1.87B-1.86B-953.49M-517.15M-809.59M-1.06B-782.23M11.87M-1.08B-1.78B-2.22B
Capital Expenditure96.89M50.13M58.93M58.59M41.56M47.42M132.55M390.81M368.90M151.01M205.39M182.17M76.72M920.59M669.54M181.72M147.74M146.35M133.61M298.44M473.85M154.07M140.78M120.21M110.49M95.19M
Free Cash Flow------345.51M688.72M-543.24M856.74M1.18B588.77M2.81B1.79B2.58B1.75B1.57B159.60M602.32M911.91M1.64B633.63M1.59B-381.71M2.12B2.35B
Dividends Paid30.17M35.69M-88.12M125.73M143.45M366.03M387.56M602.87M430.62M742.82M817.10M742.82M1.57B1.71B2.03B1.64B1.20B597.97M1.05B1.25B2.09B2.40B2.09B1.79B1.20B
FCF to OCF------72.27%63.80%311.61%85.02%85.20%76.37%97.35%66.03%79.42%90.61%91.38%52.17%81.84%75.34%77.57%80.44%91.86%145.58%94.97%96.10%
Dividend Paid to FCF------105.94%56.27%-110.98%50.26%62.84%138.78%26.39%87.52%66.14%115.95%105.06%749.35%99.28%114.75%76.07%330.30%150.67%-548.63%84.42%50.99%

Earnings

Report DateAug 26, 2005May 1, 2006Aug 29, 2006Apr 24, 2007Oct 29, 2007Apr 27, 2008Oct 29, 2008Feb 25, 2009Apr 29, 2009Aug 27, 2009Dec 2, 2009Mar 3, 2010Apr 29, 2010Aug 30, 2010Dec 1, 2010Mar 2, 2011May 2, 2011Aug 11, 2011Oct 28, 2011Mar 28, 2012Apr 27, 2012Aug 9, 2012Oct 30, 2012Mar 29, 2013Apr 26, 2013Sep 30, 2013Nov 27, 2013Mar 28, 2014Apr 25, 2014Aug 13, 2014Nov 13, 2014Mar 30, 2015May 18, 2015Aug 13, 2015Nov 11, 2015Mar 30, 2016May 13, 2016Aug 12, 2016Nov 11, 2016Mar 30, 2017May 12, 2017Aug 11, 2017Nov 13, 2017Mar 30, 2018May 14, 2018Aug 13, 2018Nov 12, 2018Mar 28, 2019May 10, 2019Aug 12, 2019Nov 11, 2019Mar 30, 2020May 13, 2020Aug 13, 2020Nov 12, 2020Mar 29, 2021May 11, 2021Aug 13, 2021Nov 11, 2021Mar 28, 2022May 12, 2022Aug 12, 2022Nov 13, 2022Mar 30, 2023May 10, 2023Aug 10, 2023Nov 13, 2023Mar 15, 2024May 13, 2024Aug 13, 2024Nov 13, 2024Mar 13, 2025May 13, 2025Aug 13, 2025Nov 13, 2025Mar 12, 2026May 13, 2026Aug 12, 2026
EPS Estimate0.530.670.290.721.211.401.39-1.080.78--1.280.75--1.18-1.781.46--2.002.38-2.84-2.58-2.323.332.892.672.893.412.561.891.992.421.851.081.211.781.400.671.601.991.651.431.992.531.971.223.013.362.833.144.224.223.693.813.803.842.841.921.902.451.291.482.342.791.121.361.631.860.430.601.72
EPS Actual0.320.6741.770.721.331.191.021.090.951.081.210.480.481.141.080.821.251.221.691.811.661.192.292.572.262.392.771.762.412.333.323.082.341.953.712.121.521.451.671.751.010.491.35-0.190.021.822.221.641.601.902.881.971.573.654.483.573.862.964.064.694.013.183.081.021.882.242.54-1.011.392.192.31-8.231.401.322.09-0.801.081.06
Surprise-39.62%0.00%14303.45%0.00%9.92%-15.00%-26.62%--12.04%38.46%---62.50%52.00%--5.93%--5.06%23.97%--14.50%7.98%--15.85%--31.78%-0.43%-0.30%6.57%-12.36%-32.53%8.80%-17.19%-19.58%-27.14%-30.99%-5.41%-6.48%-59.50%-24.16%-113.57%-97.01%13.75%11.56%-0.61%11.89%-4.52%13.83%0.00%28.69%21.26%33.33%26.15%22.93%-29.86%-3.79%27.10%5.25%-16.32%-19.79%-64.08%-2.08%17.89%3.67%-178.29%-6.08%-6.41%-17.20%-834.82%2.94%-19.02%12.37%-286.05%80.00%-38.37%
Timing-Pre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hours-After-hoursAfter-hours--Pre-marketAfter-hours--After-hours-After-hoursAfter-hours--After-hoursAfter-hours-After-hours-Pre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap20.42B
Enterprise Value20.80B
Trailing P/E19.85
Forward P/E14.39
PEG Ratio5.39
Price / Sales0.84
Price / Book1.02
EPS3.44
Book Value65.24
Revenue (TTM)24.45B
Gross Profit (TTM)3.61B
EBITDA1.61B
Profit Margin4.22%
Operating Margin11.03%
Return on Equity5.05%
Return on Assets2.46%
Shares Outstanding298.98M
Shares Float200.96M
Beta0.56
Dividend Yield4.10%
Dividend Rate2.80
Payout Ratio116.42%

Dividends

20231×
7.00Aug 10, 2023
20221×
8.00Aug 11, 2022
20211×
7.00Aug 5, 2021
20201×
4.20Aug 13, 2020
20191×
3.50Aug 8, 2019
20181×
2.00Aug 9, 2018
20171×
4.00Aug 9, 2017
20161×
5.50Aug 9, 2016
20151×
6.80Aug 11, 2015
20141×
6.00Aug 19, 2014
20131×
5.24Aug 6, 2013
20121×
2.86Aug 15, 2012
20111×
2.73Aug 11, 2011
20101×
2.48Aug 12, 2010
20091×
1.66Aug 31, 2009
20081×
2.02Aug 6, 2008
20071×
1.30Jul 25, 2007
20061×
1.22Jul 25, 2006
20051×
0.43Aug 18, 2005
20041×
0.34Jul 28, 2004
20031×
0.19Jul 17, 2003
20011×
0.14Aug 8, 2001
20001×
0.12Aug 4, 2000

Stock Splits

  • Aug 19, 201421:20
  • Aug 15, 201223:20
  • Aug 31, 200923:20
  • Aug 18, 200553:50
  • Aug 8, 2001113:100
  • Aug 4, 200059:50
  • Aug 4, 199961:50
  • Nov 13, 1998874:819
  • Aug 5, 199423:20