9914.TW
Merida Industry Co., Ltd.
TaiwanTWDEQUITY
Consumer Cyclical
DELAYED
Last price
84.40
▼ 3.40 (3.87%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
87.10
Prev close
87.80
Day high
87.60
Day low
84.20
Volume
2.04M
Market cap
$25.26B
P/E (TTM)
22.96
52W range
55.10 – 118.50
Day trading desk
Gap from prior close
-0.80%
Prior close 87.80
VWAP
84.95
-0.65% from price
Relative volume
0.54×
Quiet session
Session range
4.04%
84.20 – 87.60
Position in range
6%
Near session low
ATR (14D)
5.61
6.65% of price
Prior day high
89.00
PDH
Prior day low
86.60
PDL
Bid / ask spread
—
Quote not published
Session volume
1.88M
Avg 3.46M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+3.68%
+4.8%
1M
+7.10%
+3.7%
3M
+25.56%
+23.1%
6M
+2.92%
-9.1%
YTD
+2.18%
-9.9%
1Y
-21.76%
-42.0%
3Y
-61.33%
-136.5%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
11 more panels on 9914.TW open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
99.13M
Total on file
Fundamentals
Market cap$25.26B
Enterprise value$27.76B
Revenue (TTM)$24.45B
Gross profit$3.61B
EBITDA$1.62B
Net income$1.03B
EPS (TTM)$3.68
Free cash flow$1.68B
Total cash$5.03B
Total debt$5.98B
Book value / share$64.86
Shares outstanding298.98M
Float201.78M
Short % of float—
Dividend yield3.19%
Beta (5Y)—
Valuation & profitability ratios
Trailing P/E22.96
Forward P/E13.06
PEG ratio5.39
Price / sales—
Price / book1.30
EV / revenue1.14
EV / EBITDA17.14
Gross margin14.77%
Operating margin11.03%
Profit margin4.22%
Return on equity5.05%
Return on assets2.46%
Debt / equity29.95
Current ratio1.43
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $26.76B | $29.63B | $27.26B | $37.00B | -9.7% |
| Operating revenue | $26.76B | $29.63B | $27.26B | $37.00B | -9.7% |
| Cost of revenue | $22.98B | $24.25B | $22.15B | $30.61B | -5.2% |
| Gross profit | $3.77B | $5.38B | $5.11B | $6.39B | -29.9% |
| Research & development | — | — | $3.45M | $4.59M | — |
| Selling, general & admin | $2.30B | $2.32B | $2.24B | $2.26B | -0.8% |
| Total operating expense | $2.30B | $2.32B | $2.24B | $2.26B | -0.8% |
| Operating income | $1.48B | $3.06B | $2.88B | $4.13B | -51.8% |
| Net interest income | -$89.01M | -$133.80M | -$116.84M | -$34.01M | +33.5% |
| Pre-tax income | $1.59B | -$732.66M | $2.75B | $4.50B | +316.9% |
| Tax provision | $373.07M | $33.52M | $950.89M | $1.04B | +1,013.1% |
| Net income | $1.20B | -$699.10M | $1.69B | $3.39B | +271.7% |
| Net income to common | $1.20B | -$699.10M | $1.69B | $3.39B | +271.7% |
| Basic EPS | 4.01 | -2.34 | 5.66 | 11.34 | +271.4% |
| Diluted EPS | 4.00 | -2.34 | 5.64 | 11.26 | +270.9% |
| EBIT | $1.80B | -$492.84M | $2.98B | $4.58B | +465.4% |
| EBITDA | $2.08B | -$177.29M | $3.31B | $4.90B | +1,275.7% |
| Basic shares | 298.98M | 298.98M | 298.98M | 298.98M | 0.0% |
| Diluted shares | 300.16M | 298.98M | 300.23M | 301.01M | +0.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $3.58B | $3.64B | $3.46B | $5.42B | -1.8% |
| Cash & short-term investments | $4.16B | $3.96B | $3.78B | $5.93B | +4.9% |
| Accounts receivable | $3.03B | $2.66B | $2.30B | $3.85B | +14.1% |
| Inventory | $8.47B | $10.72B | $9.53B | $10.24B | -21.0% |
| Total current assets | $16.01B | $17.75B | $15.80B | $20.43B | -9.8% |
| Property, plant & equipment | $2.45B | $2.54B | $2.62B | $2.77B | -3.6% |
| Goodwill & intangibles | $37.84M | $51.16M | $59.97M | $71.98M | -26.0% |
| Total assets | $35.20B | $37.58B | $38.16B | $42.55B | -6.3% |
| Total current liabilities | $11.46B | $12.68B | $11.02B | $15.23B | -9.6% |
| Current debt | $6.76B | $7.05B | $6.36B | $5.22B | -4.0% |
| Long-term debt | $318.30M | $911.83M | $1.17B | $1.20B | -65.1% |
| Total debt | $7.17B | $8.05B | $7.61B | $6.53B | -10.9% |
| Total liabilities | $15.38B | $17.30B | $16.59B | $21.06B | -11.1% |
| Retained earnings | $10.98B | $10.32B | $12.93B | $11.78B | +6.3% |
| Shareholder equity | $19.39B | $19.30B | $20.52B | $20.58B | +0.5% |
| Working capital | $4.54B | $5.07B | $4.78B | $5.20B | -10.5% |
| Net tangible assets | $19.36B | $19.24B | $20.46B | $20.51B | +0.6% |
| Shares issued | 298.98M | 298.98M | 298.98M | 298.98M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $1.59B | -$732.66M | $2.75B | $4.50B | +316.9% |
| Depreciation & amortisation | $283.41M | $315.55M | $335.12M | $329.56M | -10.2% |
| Stock-based compensation | — | — | $5.57M | $0 | — |
| Change in working capital | $920.65M | -$80.61M | -$2.40B | -$2.69B | +1,242.1% |
| Operating cash flow | $2.44B | $2.24B | -$262.19M | $1.73B | +9.1% |
| Capital expenditure | -$100.03M | -$112.50M | -$128.40M | -$140.78M | +11.1% |
| Investing cash flow | $2.40M | -$328.06M | -$603.38M | -$102.35M | +100.7% |
| Share buybacks | — | — | $0 | $0 | — |
| Dividends paid | -$1.20B | -$1.79B | -$2.09B | -$2.40B | +33.3% |
| Financing cash flow | -$2.52B | -$1.78B | -$1.08B | $11.87M | -41.1% |
| Free cash flow | $2.34B | $2.12B | -$390.59M | $1.59B | +10.2% |
| End cash position | $3.58B | $3.64B | $3.46B | $5.42B | -1.8% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $5.32B | $4.96B | $7.22B | $7.00B | $7.57B | +7.3% |
| Operating revenue | $5.32B | $4.96B | $7.22B | $7.00B | $7.57B | +7.3% |
| Cost of revenue | $4.44B | $4.46B | $6.24B | $5.96B | $6.32B | -0.6% |
| Gross profit | $883.50M | $497.23M | $982.61M | $1.04B | $1.25B | +77.7% |
| Selling, general & admin | $540.09M | $536.70M | $564.63M | $614.59M | $580.47M | +0.6% |
| Total operating expense | $540.09M | $536.70M | $564.63M | $614.59M | $580.47M | +0.6% |
| Operating income | $343.41M | -$39.47M | $417.98M | $425.87M | $671.80M | +970.0% |
| Net interest income | -$35.39M | -$3.10M | -$17.64M | -$26.98M | -$41.28M | -1,041.3% |
| Pre-tax income | $414.15M | -$325.52M | $770.79M | $559.54M | $584.56M | +227.2% |
| Tax provision | $86.16M | -$39.69M | $171.39M | $109.06M | $132.31M | +317.1% |
| Net income | $325.66M | -$237.19M | $624.86M | $394.01M | $418.52M | +237.3% |
| Net income to common | $325.66M | -$237.19M | $624.86M | $394.01M | $418.52M | +237.3% |
| Basic EPS | 1.09 | — | 2.09 | 1.32 | 1.40 | — |
| Diluted EPS | 1.08 | — | 2.08 | 1.32 | 1.40 | — |
| EBIT | $465.22M | -$278.26M | $814.14M | $623.15M | $641.95M | +267.2% |
| EBITDA | $523.21M | -$206.07M | $881.86M | $694.26M | $714.34M | +353.9% |
| Basic shares | 298.98M | — | 298.98M | 298.50M | 298.98M | — |
| Diluted shares | 300.48M | — | 300.42M | 298.50M | 299.21M | — |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.92B | $3.58B | $3.74B | $3.42B | $4.03B | +9.6% |
| Cash & short-term investments | $4.38B | $4.16B | $4.13B | $3.82B | $4.28B | +5.3% |
| Accounts receivable | $3.40B | $3.03B | $4.06B | $3.35B | $4.58B | +12.2% |
| Inventory | $8.60B | $8.47B | $8.17B | $8.70B | $9.63B | +1.5% |
| Total current assets | $16.67B | $16.01B | $16.72B | $16.18B | $18.82B | +4.1% |
| Property, plant & equipment | $2.43B | $2.45B | $2.43B | $2.37B | $2.54B | -0.7% |
| Goodwill & intangibles | $37.44M | $37.84M | $37.35M | $41.33M | $47.34M | -1.1% |
| Total assets | $36.19B | $35.20B | $36.13B | $35.26B | $38.78B | +2.8% |
| Total current liabilities | $11.73B | $11.46B | $12.03B | $11.85B | $12.87B | +2.3% |
| Current debt | $6.61B | $6.76B | $5.96B | $5.49B | $7.52B | -2.2% |
| Long-term debt | $308.88M | $318.30M | $809.90M | $855.48M | $903.75M | -3.0% |
| Total debt | $7.01B | $7.17B | $6.87B | $6.43B | $8.51B | -2.3% |
| Total liabilities | $15.73B | $15.38B | $16.65B | $16.47B | $17.58B | +2.3% |
| Retained earnings | $11.30B | $10.98B | $11.20B | $10.58B | $10.74B | +3.0% |
| Shareholder equity | $20.03B | $19.39B | $19.00B | $17.73B | $20.13B | +3.3% |
| Working capital | $4.94B | $4.54B | $4.69B | $4.33B | $5.95B | +8.8% |
| Net tangible assets | $19.99B | $19.36B | $18.96B | $17.69B | $20.08B | +3.3% |
| Shares issued | 298.98M | 298.98M | 298.98M | 298.98M | 298.98M | 0.0% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $414.15M | -$325.52M | $770.79M | $559.54M | $584.56M | — | +227.2% |
| Depreciation & amortisation | $57.99M | $72.20M | $67.72M | $71.10M | $72.39M | — | -19.7% |
| Change in working capital | -$36.29M | -$446.22M | $983.41M | $1.27B | -$888.58M | — | +91.9% |
| Operating cash flow | $380.79M | -$179.13M | $1.31B | $1.46B | -$143.94M | — | +312.6% |
| Capital expenditure | -$14.60M | -$36.38M | -$36.47M | -$15.88M | -$11.30M | — | +59.9% |
| Investing cash flow | $120.06M | $31.94M | -$195.04M | $1.85M | $163.65M | — | +275.9% |
| Dividends paid | — | $0 | — | — | — | $0 | — |
| Financing cash flow | -$193.64M | -$83.43M | -$862.25M | -$1.89B | $318.48M | — | -132.1% |
| Free cash flow | $366.18M | -$215.51M | $1.27B | $1.44B | -$155.24M | — | +269.9% |
| End cash position | $3.92B | $3.58B | $3.74B | $3.42B | $4.03B | — | +9.6% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 1.72 | 1.06 | -38.3% |
| Mar 2026 | 0.60 | 1.08 | +79.9% |
| Dec 2025 | 0.43 | -0.80 | -288.1% |
| Sep 2025 | 1.86 | 2.09 | +12.1% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.92 | 8 | $6.90B | -4.5% |
| Next quarter | 0.78 | 8 | $5.24B | +5.5% |
| Current year | 4.80 | 9 | $24.22B | -9.5% |
| Next year | 6.47 | 10 | $26.06B | +7.6% |
Analyst targets & ownership
Mean target$100.00
High target$150.00
Low target$75.00
Implied upside18.48%
Analyst count11
ConsensusBUY
Strong buy / Buy3 / 4
Hold3
Sell / Strong sell0 / 1
Held by insiders33.03%
Held by institutions13.57%
Institutions holding47
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
86.72
-2.68% from price
SMA 20
82.80
+2.05% from price
SMA 50
78.78
+7.26% from price
SMA 100
71.19
+18.55% from price
SMA 200
77.64
+8.84% from price
EMA 12
84.91
-0.61% from price
EMA 26
82.51
+2.29% from price
EMA 50
79.22
+6.54% from price
RSI (14)
53.4
Neutral
MACD (12,26,9)
2.41
Hist -0.03
ATR (14)
5.61
6.64% of price
Realised vol 30D
62.5%
Annualised
Bollinger upper
93.50
20, 2σ
Bollinger lower
72.10
20, 2σ
50 / 200 cross
Golden
78.78 vs 77.64
Trend bias
Above 200
+8.84%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.31
Less volatile than market
Correlation to SPY
-0.10
Largely independent
Realised vol 30D
62.5%
Annualised
Market vol 1Y
12.8%
SPY, annualised
Max drawdown 1Y
-51.6%
Peak to trough
Max drawdown 5Y
-83.1%
Peak to trough
ATR 14
5.61
6.64% of price
Beta (reported)
—
5Y monthly, from filing
Dividends & splits
Forward rate$2.80 / yr
Forward yield3.19%
5-year avg yield3.87%
Payout ratio108.70%
Ex-dividend dateAug 6, 2026
Next pay date—
Last split1050:1000
Split dateAug 19, 2014
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