Merry Electronics Co., Ltd. (TPE:2439)

Merry Electronics Financials Overview

Financials in millions TWD. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	48,563	46,491	43,855	36,690	35,399	36,183
Revenue Growth	8.74%	6.01%	19.53%	3.65%	-2.17%	5.04%
Gross Profit Gross Profit Growth	5,313	5,621	5,849	4,742	4,553	4,375
Operating Income Operating Income Growth	983.66	1,459	1,862	1,138	1,073	1,099
Net Income Net Income Growth	895.71	1,337	2,143	1,320	1,455	1,128
Earnings Per Share EPS Growth	3.52	5.02	8.37	5.49	6.07	4.88
EPS Growth	-41.07%	-39.99%	52.59%	-9.62%	24.50%	-18.86%

Revenue by Segment

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Shenzhen Shenzhen Growth	9,474	10,935	12,367	10,064	11,342	12,846
Vietnam Vietnam Growth	13,281	11,269	6,362	2,815	3,949	3,397
Taiwan Taiwan Growth	32,726	32,428	33,063	26,702	25,904	26,847
Income from Elimination of Department Income from Elimination of Department Growth	-26,043	-25,622	-23,547	-17,438	-18,476	-17,088
Singapore Singapore Growth	8,213	8,298	8,056	8,364	7,707	6,289
Thailand Thailand Growth	9,142	7,427	6,074	-	-	-
Others Others Growth	1,923	1,756	1,480	-	4,972	3,891
Total Total Growth	48,715	46,491	43,855	30,507	35,399	36,183

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	9,317	10,884	9,511	6,689	7,742	6,319
Total Debt Total Debt Growth	1,906	7,464	3,864	5,738	6,666	8,335
Net Cash (Debt) Net Cash Growth	7,411	3,421	5,647	950.82	1,077	-2,016
Net Cash Growth	101.84%	-39.43%	493.91%	-11.70%	-	-
Net Cash Per Share Net Cash Per Share Growth	27.73	12.43	21.72	3.88	4.42	-8.47

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	2,794	1,118	2,029	2,223	4,683	2,660
Capital Expenditures CapEx Growth	-1,041	-1,389	-803.84	-530.45	-596.3	-1,240
Free Cash Flow Free Cash Flow Growth	1,753	-270.7	1,225	1,693	4,087	1,420
Free Cash Flow Growth	214.84%	-	-27.63%	-58.58%	187.86%	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	10.94%	12.09%	13.34%	12.92%	12.86%	12.09%
Operating Margin	2.03%	3.14%	4.25%	3.10%	3.03%	3.04%
Pretax Margin	3.35%	4.58%	7.18%	5.14%	5.79%	4.37%
Profit Margin	1.84%	2.88%	4.89%	3.60%	4.11%	3.12%
FCF Margin	3.61%	-0.58%	2.79%	4.61%	11.54%	3.92%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	4.000	4.000	7.300	4.700	4.500	4.000
Dividend Per Share Growth	-43.98%	-45.20%	55.32%	4.44%	12.50%	-22.48%
Dividend Yield	5.26%	4.09%	6.76%	4.29%	5.64%	4.23%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	21.59	18.55	12.77	18.19	11.94	18.16
Forward PE	12.74	14.36	13.51	16.22	13.31	10.81
P/FCF Ratio	11.00	-	22.35	14.19	4.25	14.43
PS Ratio	0.40	0.53	0.62	0.66	0.49	0.57

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 30, 2026

Data Sources Report a data error