Mercuries Data Systems Ltd (2427) - Net Assets

Latest as of June 2026: NT$3.49 Billion TWD ≈ $109.88 Million USD

Based on the latest financial reports, Mercuries Data Systems Ltd (2427) has net assets worth NT$3.49 Billion TWD (≈ $109.88 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$7.05 Billion ≈ $221.98 Million USD) and total liabilities (NT$3.56 Billion ≈ $112.10 Million USD). 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. Check Mercuries Data Systems Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$3.49 Billion
% of Total Assets	49.5%
Annual Growth Rate	0.35%
5-Year Change	43.96%
10-Year Change	55.98%
Growth Volatility	7.19

Mercuries Data Systems Ltd - Net Assets Trend (2002–2025)

This chart illustrates how Mercuries Data Systems Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Mercuries Data Systems Ltd.

Annual Net Assets for Mercuries Data Systems Ltd (2002–2025)

The table below shows the annual net assets of Mercuries Data Systems Ltd from 2002 to 2025. Also explore Mercuries Data Systems Ltd annual equity growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	NT$3.29 Billion ≈ $103.67 Million	+5.26%
2024-12-31	NT$3.13 Billion ≈ $98.48 Million	+2.21%
2023-12-31	NT$3.06 Billion ≈ $96.35 Million	+25.54%
2022-12-31	NT$2.44 Billion ≈ $76.75 Million	+6.58%
2021-12-31	NT$2.29 Billion ≈ $72.01 Million	+2.82%
2020-12-31	NT$2.22 Billion ≈ $70.03 Million	+1.56%
2019-12-31	NT$2.19 Billion ≈ $68.96 Million	+1.55%
2018-12-31	NT$2.16 Billion ≈ $67.91 Million	+0.64%
2017-12-31	NT$2.14 Billion ≈ $67.48 Million	+1.53%
2016-12-31	NT$2.11 Billion ≈ $66.46 Million	+0.79%
2015-12-31	NT$2.09 Billion ≈ $65.94 Million	-0.38%
2014-12-31	NT$2.10 Billion ≈ $66.19 Million	+1.11%
2013-12-31	NT$2.08 Billion ≈ $65.47 Million	+1.10%
2012-12-31	NT$2.06 Billion ≈ $64.76 Million	-4.44%
2011-12-31	NT$2.15 Billion ≈ $67.77 Million	+2.12%
2010-12-31	NT$2.11 Billion ≈ $66.36 Million	+0.45%
2009-12-31	NT$2.10 Billion ≈ $66.06 Million	-7.72%
2008-12-31	NT$2.27 Billion ≈ $71.59 Million	-9.52%
2007-12-31	NT$2.51 Billion ≈ $79.12 Million	-15.20%
2006-12-31	NT$2.96 Billion ≈ $93.31 Million	-2.31%
2005-12-31	NT$3.03 Billion ≈ $95.52 Million	-1.84%
2004-12-31	NT$3.09 Billion ≈ $97.31 Million	+5.00%
2003-12-31	NT$2.94 Billion ≈ $92.68 Million	-3.16%
2002-12-31	NT$3.04 Billion ≈ $95.70 Million	--

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 589.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	NT$903.36 Million	27.45%
Common Stock	NT$1.98 Billion	60.17%
Other Comprehensive Income	NT$221.55 Million	6.73%
Other Components	NT$185.51 Million	5.64%
Total Equity	NT$3.29 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
Admicom Oyj HE:ADMCM	$151.92 Million
BICO Group AB ST:BICO	$152.02 Million
Koenig & Bauer AG XETRA:SKB	$152.03 Million
ALM Equity AB Pfd. ST:ALM-PREF	$152.03 Million
Assertio Therapeutics Inc NASDAQ:ASRT	$151.86 Million
Suheung Capsul KO:008490	$151.84 Million
Texaf SA BR:TEXF	$151.80 Million
BurTech Acquisition Corp NASDAQ:BRKH	$151.63 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 2024 to 2025, total equity changed from 3,123,695,000 to 3,290,413,000, a change of 166,718,000 (5.3%).
Net income of 302,600,000 contributed positively to equity growth.
Dividend payments of 137,773,000 reduced retained earnings.
Other comprehensive income decreased equity by 90,559,001.
Other factors increased equity by 92,450,001.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	NT$302.60 Million	+9.2%
Dividends Paid	NT$137.77 Million	-4.19%
Other Comprehensive Income	NT$-90.56 Million	-2.75%
Other Changes	NT$92.45 Million	+2.81%
Total Change	NT$-	5.34%

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: 1.46x
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 2.29x to 1.46x 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$24.35	x
2010-12-31	NT$10.86	NT$24.35	x
2011-12-31	NT$11.13	NT$24.35	x
2012-12-31	NT$10.86	NT$24.35	x
2013-12-31	NT$11.03	NT$24.35	x
2014-12-31	NT$11.17	NT$24.35	x
2015-12-31	NT$11.29	NT$24.35	x
2016-12-31	NT$11.38	NT$24.35	x
2017-12-31	NT$11.55	NT$24.35	x
2018-12-31	NT$11.62	NT$24.35	x
2019-12-31	NT$11.76	NT$24.35	x
2020-12-31	NT$11.94	NT$24.35	x
2021-12-31	NT$12.28	NT$24.35	x
2022-12-31	NT$13.08	NT$24.35	x
2023-12-31	NT$16.40	NT$24.35	x
2024-12-31	NT$14.46	NT$24.35	x
2025-12-31	NT$16.64	NT$24.35	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): 9.20%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.64%
• Asset Turnover: 0.93x
• Equity Multiplier: 2.13x
Recent ROE (9.20%) is above the historical average (3.30%), 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$-30.39 Million
2025	9.20%	4.64%	0.93x	2.13x	NT$-26.44 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: $1,832,156,444
Average return on equity (ROE) among peers: 1.13%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Mercuries Data Systems Ltd (2427)	NT$3.49 Billion	2.84%	1.02x	$151.90 Million
Globe Industries Corp (1324)	$926.72 Million	3.21%	0.37x	$23.67 Million
Huxen Corp (2433)	$4.04 Billion	13.10%	0.82x	$183.23 Million
Uniform Industrial Corp (2482)	$685.71 Million	9.80%	0.27x	$38.40 Million
Gold Rain Enterprises (4503)	$480.88 Million	-2.47%	0.30x	$54.77 Million
Castles Technology Co Ltd (5258)	$1.33 Billion	-27.99%	1.30x	$144.83 Million
TECO Image Systems Co Ltd (5438)	$3.21 Billion	2.71%	0.19x	$57.97 Million
XAC Automation (5490)	$1.44 Billion	2.00%	0.23x	$73.37 Million
General Plastic Industrial Co Ltd (6128)	$3.43 Billion	1.21%	0.96x	$75.97 Million
Cipherlab Co Ltd (6160)	$946.81 Million	8.62%	0.29x	$30.86 Million

About Mercuries Data Systems Ltd

TW:2427 Taiwan Business Equipment & Supplies

Market Cap

$151.90 Million

NT$4.82 Billion TWD

Market Cap Rank

#17689 Global

#892 in Taiwan

Share Price

NT$24.35

Change (1 day)

+6.80%

52-Week Range

NT$20.25 - NT$29.20

All Time High

NT$35.35