1. Taiwan, Province of China Stocks

  2. •

    Consumer Defensive

  3. •

    Grocery Stores
Simple Mart Retail Co., Ltd.

Simple Mart Retail Co., Ltd.

2945.TW
Simple Mart Retail Co., Ltd.TW flagTaiwan Stock Exchange
41.10
TWD
-0.90
- -
2.77BMarket Cap
Simple Mart Retail Co., Ltd.
2945.TW
(Taiwan Stock Exchange)

Recent

price

41.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
192.17
221.21
216.27
202.32
221.17
241.12
210.13
208.03
211.81
- -
218.99
Revenue per Share
-0.15
- -
1.51
3.2
0.7
3.04
3.21
0.82
1.5
2.02
- -
2.13
Basic EPS, GAAP
-0.12
-4.43
7.07
5.31
-3.25
11.43
17.65
7.53
13.46
4.26
- -
6.66
Free Cash Flow per Basic Share
- -
- -
- -
0.63
2.5
0.63
2.71
2.59
0.73
1.2
- -
- -
Dividend per Share
8.82
0.02
9.7
12.78
10.73
13.08
14.37
10.82
11.48
12.16
- -
12.5
Book Value per Share
8.82
7.77
9.7
21.88
19.65
22.09
33.05
27.26
27.71
25.8
- -
27.8
Tangible Book Value per Share
- -
50
50
55
60
60
61
68
68
68
- -
68
Basic Weighted Avg Shares
- -
9,699
11,165
11,988
12,103
13,223
14,590
14,184
14,042
14,297
14,804
14,804
Sales/Revenue/Turnover
- -
1.73
1.28
1.78
0.51
1.9
1.33
0.28
0.86
1.23
1.16
1.16
Operating Margin (%)
- -
187
238
238
664
690
798
761
732
699
731
731
Depreciation Expense
- -
- -
76
178
42
182
195
55
101
136
144
144
Net Income, GAAP
- -
17.67
13.53
19.14
11.05
20.84
18.77
22.83
22.77
21.89
11.64
11.64
Effective Tax Rate (%)
- -
- -
0.68
1.48
0.35
1.38
1.33
0.39
0.72
0.95
0.97
0.97
Profit Margin (%)
1
-1,121
-1,002
-385
-537
-451
183
150
264
-39
-208
-208
Working Capital
- -
- -
- -
- -
1,132
1,132
1,254
1,249
1,342
1,550
1,524
1,524
LT Debt
1
400
490
1,213
1,175
1,320
2,000
1,859
1,892
2,037
2,170
2,170
Total Equity
- -
18.74
9
13.2
2.27
5.82
4.44
0.84
2.56
3.54
3.68
3.68
Return on Invested Capital (%)
- -
-24.44
3.47
17.36
3.19
6.86
7.51
3.21
5.42
6.33
6.15
6.15
Return on Capital (%)
- -
13.42
31.03
29.65
6.24
25.56
23.56
6.91
13.44
17.1
17.32
17.32
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
572
596
500
LT Borrowings
- -
- -
- -
LT Finance Leases
1,496
1,473
1,524
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
68
68
68
Market Capitalization
2,680
2,501
2,559

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
2,343
2,304
2,274
Cash, Cash Equivalents & STI
483
387
331
Accounts Receivable, Net
62
61
66
Inventories
1,750
1,807
1,823
Total Current Liabilities
2,698
2,542
2,482
Payables & Accruals
- -
- -
- -
ST Debt
572
596
500
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4,068.69%
12.07%
6.55%
Free Cash Flow
162,646.45%
14.22%
56.8%
Net Income, GAAP
5,301.82%
11.77%
5.77%
Sales/Revenue/Turnover
- -
2.38%
3.54%
Total Cash Common Dividend
- -
71.29%
25%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
3,305
3,449
3,762
3,526
14,042
2024
3,367
3,481
3,751
3,697
14,297
2025
3,474
3,640
3,856
3,835
14,804

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.15
0.26
0.58
- -
1.5
2024
0.43
0.4
0.64
- -
2.02
2025
0.43
0.43
0.58
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.73
2024
- -
- -
- -
- -
1.2
2025
- -
- -
- -
- -
- -
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Business
Simple Mart Retail Co., Ltd. (2945.TW) operates as a leading Taiwan-based supermarket chain, primarily engaged in the retail of consumer goods through physical stores and online platforms. The company offers a diverse range of products including fresh foods, eggs, drinks, biscuits, snack foods, canned foods; cigarettes, beer, spirits, and edible wine; household products, personal cleaning products, hardware; as well as drugs, cosmetics, daily commodities, and organic products, marketed under brands such as Mei Lian She (Simple Mart), Da Mei Discount Supermarket, Xi Pu Market, Yole, Mei Lian Cheng Chao, Go Mei Lian, and OFFICE Mart. It conducts operations exclusively in Taiwan, primarily in northern regions with over 800 stores nationwide as of 2024, integrating offline membership systems with its "Go Simple" e-commerce platform and mobile app to provide O2O services, delivery, dynamic pricing via electronic shelf labels, and one-stop shopping for daily essentials. Founded in 2006 with its first store in New Taipei City and headquartered at B1, No. 4, Section 3, Minquan East Road, Taipei City, the company was incorporated as a subsidiary of Mercuries & Associates Holding, Ltd. following a 2017 spin-off from Mercuries Corporation, with a 2013 establishment date for the current entity. Simple Mart Retail focuses on neighborhood convenience retail targeting residential communities, emphasizing affordability, fresh produce, and essential household items through small to mid-sized outlets. In recent developments, Simple Mart Retail expanded through its subsidiary Simple Mart Investment Co., Ltd., which acquired control of Pet Wonderland Co., Ltd. in September 2024 via a phased share purchase agreement, marking entry into the pet retail segment. The company advanced digital initiatives in 2024 by rolling out electronic price tags across all 800 stores, enabling dynamic pricing, smart management, and sustainability efforts that reduce millions of paper labels annually. Additionally, it listed on the Taiwan Stock Exchange in November 2021 and continues franchise expansion under brands like Mei Lian Convenience Rack while enhancing membership integration and O2O capabilities.