LINE Pay Taiwan Limited

LINE Pay Taiwan Limited

7722.TWO
LINE Pay Taiwan LimitedTW flagTaipei Exchange
321.50
TWD
-10.50
- -
19.29BMarket Cap
LINE Pay Taiwan Limited
7722.TWO
(Taipei Exchange)

Recent

price

321.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
TTM
FRC
- -
21.01
38.17
65.95
82.77
98.07
Revenue per Share
- -
-5.28
2.68
7.51
8.09
9.91
Basic EPS, GAAP
- -
11.51
-31.64
30.94
-21.86
20.25
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
-5.41
-2.73
4.96
18.17
25.21
Book Value per Share
- -
78.27
81.09
83.66
89.47
97.77
Tangible Book Value per Share
- -
55
55
59
60
60
Basic Weighted Avg Shares
- -
1,150
2,088
3,863
4,928
5,884
Sales/Revenue/Turnover
- -
-14.01
5.61
13.42
11.25
12.25
Operating Margin (%)
- -
49
52
87
102
130
Depreciation Expense
- -
-289
147
440
482
595
Net Income, GAAP
- -
- -
- -
17.52
19.59
25.87
Effective Tax Rate (%)
- -
-25.13
7.03
11.39
9.77
10.11
Profit Margin (%)
3,824
3,673
4,001
4,790
5,347
5,968
Working Capital
100
75
64
29
140
120
LT Debt
4,569
4,283
4,436
4,901
5,388
5,919
Total Equity
- -
- -
- -
9
8.39
17.23
Return on Invested Capital (%)
- -
- -
- -
279.49
57.21
71.9
Return on Capital (%)
- -
- -
- -
- -
70.19
78.63
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
55
47
39
LT Borrowings
- -
- -
- -
LT Finance Leases
137
126
120
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
60
60
Market Capitalization
36,556
33,089
33,240

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
12,213
12,783
13,206
Cash, Cash Equivalents & STI
8,927
9,424
11,046
Accounts Receivable, Net
326
170
252
Inventories
- -
- -
- -
Total Current Liabilities
6,630
6,987
7,238
Payables & Accruals
- -
- -
- -
ST Debt
55
47
39
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
9.93%
Free Cash Flow
- -
- -
-171.82%
Net Income, GAAP
- -
- -
9.47%
Sales/Revenue/Turnover
- -
- -
27.58%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
3,863
2023
1,153
1,195
1,225
1,354
4,928
2024
1,460
1,476
1,595
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
7.51
2023
2.18
1.77
2.22
- -
8.09
2024
3.46
2.65
1.87
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
Business
LINE Pay Taiwan Limited (7722.TWO) operates as a leading third-party payment platform in Taiwan, providing smart mobile payment services through the LINE Pay app, which enables users to conduct online shopping, online services, physical store purchases, bill payments, peer-to-peer transfers, public transportation fares, and charitable donations by binding credit cards, debit cards, or electronic wallets. The company offers comprehensive services including LINE POINTS rewards program where one point equals NT$1 in value; co-branded and points-reward credit/debit cards such as Fubon J POINTS Card with Taipei Fubon Bank, UBOT Lai Dian Card with Union Bank of Taiwan, and SinoPac DAWAY Card with Bank SinoPac, with over 8 million cards issued across four financial institutions; merchant tools like LINE Pay mini payment terminals, Good Partner app for transaction management and marketing, LINE Pay Coupon for promotions, Treasure Map for location-based offers, and LINE Pay Payshop for voucher issuance and sales without system integration; financial platform aggregating loans, insurances, and credit cards from 35 partner institutions; advertising and data processing services; and cross-border payments initially launched with Shilla Duty Free and leading Korean merchants including duty-free shops, convenience stores, fashion, beauty brands, and tourist attractions. Founded in 2015 and headquartered at 13F, No. 2, Jingye 1st Road, Zhongshan District, Taipei City, Taiwan, LINE Pay Taiwan serves over 12.9 million registered users and more than 590,000 merchant locations across retail, food and beverage, accommodation, transportation, education, entertainment, healthcare, beauty, and wellness sectors, with 2024 transaction volume exceeding 1.14 billion counts and NT$756.1 billion in value. Recent developments include successful listings on the Emerging Stock Board in January 2024 and Taiwan Stock Exchange in December 2024; launch of cross-border payment services in South Korea in July 2024 and MOU with Shinhan Card for expanded cross-border capabilities; acquisition of 100% equity in LINE Pay Plus Corporation in July 2023; introduction of LINE Pay Money subsidiary in 2025 for electronic payment institution services including small-value remittances and loyalty point payments pending regulatory approval; achievement of positive annual net profit in recent years with 2024 revenue of NT$6.296 billion and net income of NT$647 million; and over 82,000 new payment locations added in 2024 alongside 700+ marketing campaigns, with plans to expand into Japan, Hong Kong, Macau, Thailand, Philippines, Singapore, Malaysia, Vietnam, and beyond.