World Gym Corporation

World Gym Corporation

2762.TW
World Gym CorporationTW flagTaiwan Stock Exchange
85.40
TWD
-0.10
- -
9.33BMarket Cap
World Gym Corporation
2762.TW
(Taiwan Stock Exchange)

Recent

price

85.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
FRC
248.07
165.62
177.26
94.28
88.96
- -
100.68
Revenue per Share
1.09
0.67
6.08
3.5
3.19
- -
3.75
Basic EPS, GAAP
39.63
20.56
28.98
14.83
12.39
- -
17.19
Free Cash Flow per Basic Share
- -
8.48
10.73
6.67
7.99
- -
5.82
Dividend per Share
-13.09
-15.85
15.35
13.5
10.88
- -
11.84
Book Value per Share
-14.7
58.76
49.46
21.97
24.35
- -
22.39
Tangible Book Value per Share
38
47
50
100
110
- -
109
Basic Weighted Avg Shares
9,465
7,834
8,863
9,428
9,817
10,984
10,984
Sales/Revenue/Turnover
12.95
1.74
5.48
5.42
5.37
5.99
5.99
Operating Margin (%)
1,872
2,111
2,229
2,302
2,286
2,341
2,341
Depreciation Expense
42
32
304
350
352
409
409
Net Income, GAAP
84.71
55.55
16.41
21.26
21.06
20.96
20.96
Effective Tax Rate (%)
0.44
0.41
3.43
3.71
3.58
3.72
3.72
Profit Margin (%)
-7,058
-3,550
-3,750
-3,929
-3,865
-4,394
-4,394
Working Capital
7,942
8,572
8,677
8,501
8,057
8,745
8,745
LT Debt
-463
2,897
2,590
2,330
3,134
2,893
2,893
Total Equity
- -
0.55
3.06
3.1
3.24
3.84
3.84
Return on Invested Capital (%)
- -
1.76
4.67
4.5
4.55
5.05
5.05
Return on Capital (%)
- -
- -
- -
33.02
27.6
32.83
32.83
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
2,200
2,226
2,420
LT Borrowings
300
270
240
LT Finance Leases
8,702
8,656
8,505
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
109
109
109
Market Capitalization
8,557
8,051
8,346

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
1,828
1,838
1,869
Cash, Cash Equivalents & STI
1,456
1,483
1,664
Accounts Receivable, Net
192
183
51
Inventories
24
22
28
Total Current Liabilities
5,946
6,077
6,263
Payables & Accruals
- -
- -
- -
ST Debt
2,200
2,226
2,420
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-143.84%
-7.7%
Free Cash Flow
- -
9%
37.16%
Net Income, GAAP
- -
172.17%
16.28%
Sales/Revenue/Turnover
- -
3.66%
11.89%
Total Cash Common Dividend
- -
- -
-27.95%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
2,210
2,360
2,453
2,406
9,428
2024
2,336
2,464
2,475
2,542
9,817
2025
2,570
2,711
2,824
2,878
10,984

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.97
0.64
0.83
- -
3.5
2024
0.86
1.21
0.57
- -
3.19
2025
0.45
0.73
1.04
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.73
3.02
0.46
- -
6.67
2024
- -
- -
0.52
- -
7.99
2025
0.3
3.44
0.25
- -
- -
Business
World Gym Corporation operates as a leading fitness and health service provider primarily in Taiwan, where it manages over 140 corporate-owned fitness clubs. The company offers a comprehensive range of fitness services including aerobic exercise classes, personal training, mixed martial arts, boxing, kickboxing, and fitness consulting. Its facilities feature premium amenities such as spas, saunas, swimming pools, and cutting-edge strength and cardio training equipment. Additionally, World Gym markets fitness-related products including sports apparel, accessories, nutrition products, and energy drinks, complementing its holistic fitness lifestyle offerings. The firm also operates specialty club formats such as "World Gym Express," which provides compact gyms focusing on core equipment, and "FITZONE," integrating heart rate training group programs supported by exclusive MYZONE heart rate technology. Founded in 2001 and headquartered in Taiwan, World Gym Corporation has grown to become the largest fitness chain in Taiwan through steady location expansion and strategic acquisitions, notably including the acquisition of World Gym International in 2024. This acquisition granted the company global operating rights to the iconic World Gym brand and significantly expanded its international footprint. Recently, the company has achieved substantial global growth milestones, including signing a Master Franchise Agreement to open at least 30 new World Gym locations in Mexico and expanding its franchise presence in Brazil with plans for 50 new gyms. The company is also rapidly increasing its footprint in Australia, adding five new franchise locations to its existing 60, and expanding its corporate-owned locations in Taiwan by five new clubs in 2025. World Gym's recent operational highlights include record revenue achievements in Taiwan, showcasing a 17.9% year-over-year revenue growth as of September 2025, driven by robust same-store sales increases and successful rollouts of new club locations. The company has also intensified the integration of technology in its services, including AI-based posture analysis and health data integration within its membership app. It continues to leverage strategic partnerships and acquisitions to strengthen its market leadership and expand its global presence while maintaining high standards of fitness services and community engagement. Overall, World Gym Corporation is an international fitness service leader with a broad portfolio of health club operations, fitness products, and new market expansions, maintaining its mission to improve health and wellness through quality fitness experiences globally.