No business profile yet.
Size Mercuries & Associates (2905.TW) is a Taiwan Financials company (Life/Health Insurance) with a market value of $561M, the 413th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$17.45 on 6 Nov 2026.
Performance Over six months the shares gained 29.7%, against -10.5% for the median peer and -3.4% for the Taiwan market (cap-weighted) — highest of 9 in its peer set.
Growth Revenue fell 5.9% over the last twelve months (peer median +17.5%); the operating margin is -14.3% (peer median 3.9%).
Valuation It trades at 0.22× book value against a peer median of 1.11× (cheapest of 9).
Price implies The share price implies a return on equity of about 1.8%; Mercuries & Associates delivers 5.1%, so the price asks less than the business earns today.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$140B | NT$156B | NT$115B | NT$145B | NT$83.3B |
| Revenue growth | — | +36% | -21% | +74% | — |
| Net income | NT$2.86B | NT$755M | NT$1.52B | -NT$2.87B | -NT$5.09B |
| Free cash flow | -NT$1.52B | NT$11.2B | NT$13.2B | NT$5.14B | NT$16.1B |
| Capital expenditure | NT$2.00B | NT$2.24B | NT$3.45B | NT$1.99B | NT$3.05B |
| Total debt | NT$46.8B | NT$45.1B | NT$27.4B | NT$23.8B | NT$25.8B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 2905.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.1% | -4.6% | 2nd highest of 9 |
| 6-month return | +29.7% | -10.5% | highest of 9 |
| Return on equity | 5.1% | 7.4% | 2nd lowest of 9 |
| Price / book | 0.22× | 1.11× | cheapest of 9 |
| Trailing P/E | 6.5× | 17.0× | 3rd cheapest of 9 |
| ROE the price implies | 1.8% | 6.5% | 2nd least demanding of 9 |
| ROE delivered | 5.1% | 7.4% | 2nd lowest of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Mercuries & Associates 2905.TW | Taiwan | $561M | +30% | -6% | 5% | 0.22× | 1.8% | 5.1% |
| Farglory Life Insurance 5859.TWO | Taiwan | $625M | -7% | -48% | 7% | 0.23× | 1.7% | 7.1% |
| Lifenet Insurance 7157.T | Japan | $710M | -28% | +12% | 8% | 1.18× | 7.0% | 7.9% |
| Yunfeng Financial 0376.HK | Hong Kong | $999M | -30% | +21% | 7% | 0.60× | 7.8% | 6.7% |
| Canara HSBC Life Insurance CANHLIFE.NS | India | $1.23B | -14% | +17% | 8% | 7.08× | 48.0% | 8.2% |
| Niva Bupa Health Insurance NIVABUPA.NS | India | $1.49B | -5% | +58% | 14% | 3.66× | 33.1% | 13.9% |
| Nuernberger Beteiligungs NBG6.DE | Germany | $1.58B | +1% | -1% | 5% | 1.58× | 6.0% | 5.1% |
| Mirae Asset Life Insurance 085620.KS | South Korea | $1.78B | +17% | +22% | 5% | 1.05× | 5.6% | 5.2% |
| Hanwha Life 088350.KS | South Korea | $2.16B | -20% | +18% | 8% | 0.22× | 3.8% | 7.7% |