Mercuries Data Systems Ltd
Mercuries Data Systems Ltd., together with its subsidiaries, engages in the sales, leasing, and maintenance of intelligence automation machines in financial services in Taiwan. The company offers financial software systems, such as whitelist management, deposit machine management, device management, E-APT batching machine centralized management, multimedia reception service, teller safe managemen… Read more
Mercuries Data Systems Ltd (2427) - Net Assets
Latest net assets as of September 2025: NT$3.22 Billion TWD
Based on the latest financial reports, Mercuries Data Systems Ltd (2427) has net assets worth NT$3.22 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$6.68 Billion) and total liabilities (NT$3.46 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.22 Billion |
| % of Total Assets | 48.19% |
| Annual Growth Rate | 0.13% |
| 5-Year Change | 40.62% |
| 10-Year Change | 49.34% |
| Growth Volatility | 7.28 |
Mercuries Data Systems Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Mercuries Data Systems Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mercuries Data Systems Ltd (2002–2024)
The table below shows the annual net assets of Mercuries Data Systems Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.13 Billion | +2.21% |
| 2023-12-31 | NT$3.06 Billion | +25.54% |
| 2022-12-31 | NT$2.44 Billion | +6.58% |
| 2021-12-31 | NT$2.29 Billion | +2.82% |
| 2020-12-31 | NT$2.22 Billion | +1.56% |
| 2019-12-31 | NT$2.19 Billion | +1.55% |
| 2018-12-31 | NT$2.16 Billion | +0.64% |
| 2017-12-31 | NT$2.14 Billion | +1.53% |
| 2016-12-31 | NT$2.11 Billion | +0.79% |
| 2015-12-31 | NT$2.09 Billion | -0.38% |
| 2014-12-31 | NT$2.10 Billion | +1.11% |
| 2013-12-31 | NT$2.08 Billion | +1.10% |
| 2012-12-31 | NT$2.06 Billion | -4.44% |
| 2011-12-31 | NT$2.15 Billion | +2.12% |
| 2010-12-31 | NT$2.11 Billion | +0.45% |
| 2009-12-31 | NT$2.10 Billion | -7.72% |
| 2008-12-31 | NT$2.27 Billion | -9.52% |
| 2007-12-31 | NT$2.51 Billion | -15.20% |
| 2006-12-31 | NT$2.96 Billion | -2.31% |
| 2005-12-31 | NT$3.03 Billion | -1.84% |
| 2004-12-31 | NT$3.09 Billion | +5.00% |
| 2003-12-31 | NT$2.94 Billion | -3.16% |
| 2002-12-31 | NT$3.04 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mercuries Data Systems Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 363.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$607.10 Million | 19.44% |
| Common Stock | NT$1.97 Billion | 63.01% |
| Other Components | NT$548.42 Million | 17.56% |
| Total Equity | NT$3.12 Billion | 100.00% |
Mercuries Data Systems Ltd Competitors by Market Cap
The table below lists competitors of Mercuries Data Systems Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Osteonic Co. Ltd
KQ:226400
|
$72.72 Million |
|
Elanders AB (publ)
ST:ELAN-B
|
$72.72 Million |
|
Krakatau Steel Persero Tbk
JK:KRAS
|
$72.78 Million |
|
OneSoft Solutions Inc
OTCQB:OSSIF
|
$72.80 Million |
|
Agro Tech Foods Limited
NSE:ATFL
|
$72.67 Million |
|
Waskita Karya Persero Tbk
JK:WSKT
|
$72.65 Million |
|
Southern Petrochemicals Industries Corporation Limited
NSE:SPIC
|
$72.64 Million |
|
Hup Seng Industries Bhd
KLSE:5024
|
$72.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mercuries Data Systems Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,055,641,000 to 3,123,695,000, a change of 68,054,000 (2.2%).
- Net income of 281,976,000 contributed positively to equity growth.
- Dividend payments of 177,133,000 reduced retained earnings.
- Other comprehensive income decreased equity by 329,882,000.
- Other factors increased equity by 293,093,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$281.98 Million | +9.03% |
| Dividends Paid | NT$177.13 Million | -5.67% |
| Other Comprehensive Income | NT$-329.88 Million | -10.56% |
| Other Changes | NT$293.09 Million | +9.38% |
| Total Change | NT$- | 2.23% |
Book Value vs Market Value Analysis
This analysis compares Mercuries Data Systems Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.68x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.28x to 1.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$10.63 | NT$24.25 | x |
| 2010-12-31 | NT$10.86 | NT$24.25 | x |
| 2011-12-31 | NT$11.13 | NT$24.25 | x |
| 2012-12-31 | NT$10.86 | NT$24.25 | x |
| 2013-12-31 | NT$11.03 | NT$24.25 | x |
| 2014-12-31 | NT$11.17 | NT$24.25 | x |
| 2015-12-31 | NT$11.29 | NT$24.25 | x |
| 2016-12-31 | NT$11.38 | NT$24.25 | x |
| 2017-12-31 | NT$11.55 | NT$24.25 | x |
| 2018-12-31 | NT$11.62 | NT$24.25 | x |
| 2019-12-31 | NT$11.76 | NT$24.25 | x |
| 2020-12-31 | NT$11.94 | NT$24.25 | x |
| 2021-12-31 | NT$12.28 | NT$24.25 | x |
| 2022-12-31 | NT$13.08 | NT$24.25 | x |
| 2023-12-31 | NT$16.40 | NT$24.25 | x |
| 2024-12-31 | NT$14.46 | NT$24.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mercuries Data Systems Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.03%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.79%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 2.47x
- Recent ROE (9.03%) is above the historical average (3.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 2.84% | 2.13% | 0.75x | 1.79x | NT$-217.40 Million |
| 2003 | 5.48% | 3.61% | 0.79x | 1.93x | NT$-133.10 Million |
| 2004 | 0.89% | 0.62% | 0.69x | 2.07x | NT$-281.49 Million |
| 2006 | 0.13% | 0.12% | 0.48x | 2.28x | NT$-272.55 Million |
| 2008 | 0.22% | 0.21% | 0.74x | 1.43x | NT$-213.67 Million |
| 2009 | -6.17% | -6.26% | 0.67x | 1.47x | NT$-328.32 Million |
| 2010 | 2.13% | 2.20% | 0.64x | 1.52x | NT$-162.56 Million |
| 2011 | 2.31% | 2.38% | 0.63x | 1.56x | NT$-162.63 Million |
| 2012 | 0.22% | 0.20% | 0.64x | 1.66x | NT$-199.00 Million |
| 2013 | -0.66% | -0.61% | 0.71x | 1.53x | NT$-220.31 Million |
| 2014 | 1.05% | 1.14% | 0.62x | 1.49x | NT$-186.95 Million |
| 2015 | 1.58% | 1.45% | 0.63x | 1.73x | NT$-175.29 Million |
| 2016 | 2.36% | 1.84% | 0.70x | 1.84x | NT$-160.22 Million |
| 2017 | 3.36% | 2.17% | 0.72x | 2.15x | NT$-141.26 Million |
| 2018 | 5.40% | 3.45% | 0.78x | 2.00x | NT$-98.60 Million |
| 2019 | 5.30% | 3.81% | 0.67x | 2.07x | NT$-102.74 Million |
| 2020 | 5.20% | 3.82% | 0.69x | 1.98x | NT$-106.47 Million |
| 2021 | 6.54% | 4.28% | 0.76x | 2.01x | NT$-79.06 Million |
| 2022 | 7.89% | 5.07% | 0.68x | 2.30x | NT$-51.29 Million |
| 2023 | 8.24% | 6.34% | 0.59x | 2.20x | NT$-53.73 Million |
| 2024 | 9.03% | 5.79% | 0.63x | 2.47x | NT$-30.39 Million |
Industry Comparison
This section compares Mercuries Data Systems Ltd's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $1,538,558,333
- Average return on equity (ROE) among peers: 10.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mercuries Data Systems Ltd (2427) | NT$3.22 Billion | 2.84% | 1.08x | $72.68 Million |
| Huxen Corp (2433) | $4.91 Billion | 10.75% | 0.72x | $43.43 Million |
| Uniform Industrial Corp (2482) | $685.71 Million | 9.80% | 0.27x | $24.47 Million |
| Gold Rain Enterprises (4503) | $496.42 Million | 7.34% | 0.23x | $51.90 Million |
| Castles Technology Co Ltd (5258) | $1.62 Billion | 18.62% | 0.85x | $117.50 Million |
| TECO Image Systems Co Ltd (5438) | $1.81 Billion | 2.74% | 0.37x | $17.26 Million |
| XAC Automation (5490) | $1.70 Billion | 18.72% | 0.28x | $63.18 Million |
| General Plastic Industrial Co Ltd (6128) | $1.18 Billion | 16.12% | 0.87x | $45.92 Million |
| Cipherlab Co Ltd (6160) | $968.69 Million | 5.34% | 0.30x | $23.95 Million |
| Taiwan Name Plate Co. Ltd. (6593) | $473.95 Million | 3.51% | 0.88x | $25.65 Million |