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    Electronic technology

  3. •

    Electronic equipment/Instruments
Mercuries Data Systems Ltd.

Mercuries Data Systems Ltd.

TTWSE:2427
22.60
TWD
+0.20
(+0.89%)
1.34EPS
15.66P/E
4.39BMarket Cap
Nov 16Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
11.8
10.21
12.17
14.5
17.73
18.03
16.34
16.25
18.77
20.37
21.45
24.76
33.06
32.88
Basic EPS, GAAP
-0.07
0.12
0.18
0.27
0.38
0.62
0.62
0.62
0.8
1.03
1.36
1.43
1.53
1.41
Free Cash Flow per Basic Share
0.69
-1.4
-0.91
-0.15
-3.87
3.62
-0.55
1.29
-0.08
-3.09
-2.16
-1.19
8.12
8.05
Dividend per Share
- -
- -
0.25
0.1
0.2
0.25
0.4
0.35
0.3
0.35
0.35
0.9
0.7
- -
Book Value per Share
10.93
11.24
11.19
11.28
11.44
11.52
11.76
11.94
12.28
13.08
15.53
15.87
16.62
17.61
Tangible Book Value per Share
10.78
11.1
11.08
11.19
11.35
11.45
11.71
11.91
12.25
13.06
15.49
15.83
16.57
17.56
Basic Weighted Avg Shares
189
189
186
186
186
186
186
186
186
186
185
197
197
198
Sales/Revenue/Turnover
2,229
1,927
2,263
2,697
3,297
3,354
3,040
3,022
3,491
3,789
3,971
4,873
6,528
6,525
Operating Margin (%)
-3.51
-0.22
1.03
1.12
2.33
2.91
1.94
3.77
4.35
6.4
7.73
6.02
5.45
4.26
Depreciation Expense
22
21
20
21
22
28
48
55
61
74
81
109
125
131
Net Income, GAAP
-14
22
33
50
72
116
116
116
149
192
252
282
303
281
Effective Tax Rate (%)
- -
25.3
8.95
9.5
15.47
3.91
5.27
20.16
18.4
22.54
19.99
19.73
19.42
19.17
Profit Margin (%)
-0.61
1.14
1.45
1.84
2.17
3.45
3.81
3.82
4.28
5.07
6.34
5.79
4.64
4.3
Working Capital
1,280
1,249
965
1,048
1,052
899
802
871
907
1,187
2,501
2,537
2,457
2,044
LT Debt
- -
- -
- -
- -
- -
- -
14
16
16
519
1,340
1,339
1,214
752
Total Equity
2,078
2,101
2,093
2,110
2,142
2,155
2,189
2,223
2,286
2,436
3,058
3,126
3,290
3,488
Return on Invested Capital (%)
- -
-0.14
0.85
0.99
2
2.85
1.67
2.75
3.71
4.91
5.22
4.35
5.57
4.84
Return on Capital (%)
- -
1.03
1.5
2.14
2.52
3.89
4.08
3.82
4.8
5.51
6.12
5.93
6.6
6.67
Return on Common Equity (%)
-0.66
1.06
1.58
2.37
3.39
5.41
5.35
5.24
6.63
8.14
9.18
9.13
9.44
8.49

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
127
232
32
LT Borrowings
1,197
1,244
732
LT Finance Leases
16
22
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
198
198
198
Market Capitalization
5,267
4,504
4,386

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,718
4,941
4,616
Cash, Cash Equivalents & STI
765
367
1,137
Accounts Receivable, Net
505
1,488
444
Inventories
2,070
1,766
1,720
Total Current Liabilities
2,261
2,339
2,572
Payables & Accruals
- -
- -
- -
ST Debt
127
232
32
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.85%
8.48%
5.26%
Free Cash Flow
462.8%
590.23%
-783.73%
Net Income, GAAP
26.49%
21.65%
7.31%
Sales/Revenue/Turnover
11.88%
17.11%
33.95%
Total Cash Common Dividend
- -
- -
-22.22%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,516
823
1,036
1,498
4,873
2025
1,109
2,038
860
2,521
6,528
2026
1,891
1,253
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.53
0.3
0.18
0.42
1.43
2025
0.52
-0.18
0.26
0.42
1.53
2026
0.28
0.45
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.9
2025
- -
- -
- -
- -
0.7
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hsiang-Chung Chen
Full Time Employees
880
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Address
No. 2, Xinyi Road Taipei TPE Taiwan 10419
IPO Date
Sep 11, 2000
Website
mds.com.tw
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Business
Mercuries Data Systems Ltd. (2427.TW) engages primarily in the provision of financial automation systems, information system integration services, and related maintenance across finance, telecommunications, transportation, government, and digital sectors in Taiwan and China. The company offers financial software systems including whitelist management, deposit machine management, device management, E-APT batching machine centralized management, multimedia reception service, teller safe management, BTS financial branch terminal systems, and ATM operation integration platforms; financial automation hardware such as foreign exchange banknote exchange machines, professional payment kiosks, deposit machines, recycling dispensers, recycling cash dispensers, automatic passbook printers, three-in-one ATMs for change deposit and passbook entry, teller cash recyclers, virtual teller machines, and finger vein cardless ATMs; system integration solutions encompassing train dispatching radio systems, coastal surveillance radar systems, next-generation spectrum monitoring systems, police and freeway digital radio systems, 911 dispatch systems, navy METOC high-performance computing systems, MRT automatic fare collection systems, power company big data platforms, and enterprise performance management; mobile and digital services like service JDC, mobile app signing platforms, intelligent operations and maintenance systems, life insurance mobile app solutions, CRM repair management, contract customer systems, and human resource management; as well as digital marketing tools featuring media management, 3D augmented reality, smart image analysis, and smart city applications through subsidiary Mercuries Soft (Nanjing) Ltd. for gas, water, transportation, and heat management. Founded in 1976 and headquartered at 3F, No. 2, Lane 150, Section 5, Xinyi Road, Taipei City, Taiwan, the company serves banks, government agencies, insurers, transportation authorities, and enterprises with approximately 840 employees and acts as exclusive agent for Hitachi Channel Solutions financial automation products in Taiwan. Recent developments include enhanced cybersecurity measures with AWS Web Application Firewall deployment in 2024, continued participation in Ministry of Economic Affairs smart innovation projects, expansion of cloud-based mobile products amid Bank 3.0 digitization, and sustained leadership in deposit/recycling ATM market share.