Simple Mart Retail Co., Ltd.

Simple Mart Retail Co., Ltd.

TTWSE:2945
39.15
TWD
-0.05
(-0.13%)
1.79EPS
21.95P/E
2.82BMarket Cap
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
- -
192.17
221.21
216.27
202.32
221.17
241.12
210.13
208.03
211.81
219.32
253.75
Basic EPS, GAAP
-0.15
- -
1.51
3.2
0.7
3.04
3.21
0.82
1.5
2.02
2.14
1.9
Free Cash Flow per Basic Share
-0.12
-4.43
7.07
5.31
-3.25
11.43
17.65
7.53
13.46
4.26
6.67
11
Dividend per Share
- -
- -
- -
0.63
2.5
0.63
2.71
2.59
0.73
1.2
1.5
- -
Book Value per Share
0.02
6.73
8.24
20.41
19.59
22.12
29.63
26.59
27.34
28.16
29.53
28.53
Tangible Book Value per Share
0.02
6.6
8.24
20.41
19.59
22.12
29.63
26.31
27.01
23.78
25.22
22.32
Basic Weighted Avg Shares
- -
50
50
55
60
60
61
68
68
68
68
65
Sales/Revenue/Turnover
- -
9,699
11,165
11,988
12,103
13,223
14,590
14,184
14,042
14,297
14,804
16,606
Operating Margin (%)
- -
1.73
1.28
1.78
0.51
1.9
1.33
0.28
0.86
1.23
1.16
0.95
Depreciation Expense
- -
187
238
238
664
690
798
761
732
699
731
829
Net Income, GAAP
- -
- -
76
178
42
182
195
55
101
136
144
124
Effective Tax Rate (%)
- -
17.67
13.53
19.14
11.05
20.84
18.77
22.83
22.77
21.89
11.64
12.67
Profit Margin (%)
- -
- -
0.68
1.48
0.35
1.38
1.33
0.39
0.72
0.95
0.97
0.75
Working Capital
1
-1,121
-1,002
-385
-537
-451
183
150
264
-39
-208
-868
LT Debt
- -
- -
- -
- -
1,132
1,132
1,254
1,249
1,342
1,550
1,524
2,091
Total Equity
1
400
490
1,213
1,175
1,320
2,000
1,859
1,892
2,037
2,170
2,102
Return on Invested Capital (%)
- -
0.02
8.12
12.55
2.08
5.42
4.07
0.48
2.45
3.33
3.62
2.99
Return on Capital (%)
- -
-17.77
2.96
14
2.5
5.78
5.75
2.24
3.83
4.58
4.5
3.83
Return on Common Equity (%)
- -
0.07
17.12
20.87
3.53
14.58
11.72
2.91
5.56
7.28
7.41
6.59

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
500
1,161
782
LT Borrowings
- -
- -
- -
LT Finance Leases
1,524
2,157
2,091
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
68
68
68
Market Capitalization
2,555
2,700
2,818

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,274
3,113
2,816
Cash, Cash Equivalents & STI
331
826
555
Accounts Receivable, Net
66
135
193
Inventories
1,823
2,035
1,989
Total Current Liabilities
2,482
3,964
3,684
Payables & Accruals
- -
- -
- -
ST Debt
500
1,161
782
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

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

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,367
3,481
3,751
3,697
14,297
2025
3,474
3,640
3,856
3,835
14,804
2026
3,837
5,078
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.43
0.4
0.64
0.55
2.02
2025
0.43
0.43
0.58
0.7
2.14
2026
0.54
0.03
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.2
2025
- -
- -
- -
- -
1.5
2026
- -
- -
- -
- -
- -

Company Description

CEO
Kuang-Lung Chiu
Full Time Employees
3,740
Sector
Retail trade
Industry
Food retail
Address
No. 4, Minquan East Road Taipei TPE Taiwan 10477
IPO Date
Nov 30, 2021
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.