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Mercuries Life Insurance Co Ltd
TWSE:2867

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Mercuries Life Insurance Co Ltd
TWSE:2867
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Price: 7.87 TWD 0.51% Market Closed
Market Cap: NT$46.4B

Net Margin

0.3%
Current
Improving
by 5.1%
vs 3-y average of -4.8%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
0.3%
=
Net Income
NT$424.5m
/
Revenue
NT$133.5B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
0.3%
=
Net Income
NT$424.5m
/
Revenue
NT$133.5B

Peer Comparison

Country Company Market Cap Net
Margin
TW
Mercuries Life Insurance Co Ltd
TWSE:2867
46.4B TWD
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ZA
Sanlam Ltd
JSE:SLM
218.7B ZAR
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CN
China Life Insurance Co Ltd
SSE:601628
1.4T CNY
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CN
Ping An Insurance Group Co of China Ltd
SSE:601318
1.2T CNY
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ZA
Discovery Ltd
JSE:DSY
159.5B ZAR
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HK
AIA Group Ltd
HKEX:1299
955.7B HKD
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ZA
OUTsurance Group Ltd
JSE:OUT
113.3B ZAR
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ZA
Old Mutual Ltd
JSE:OMU
67.3B ZAR
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CA
Manulife Financial Corp
TSX:MFC
87.4B CAD
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US
Aflac Inc
NYSE:AFL
60.1B USD
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IN
Life Insurance Corporation Of India
NSE:LICI
5.3T INR
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Market Distribution

Lower than 75% of companies in Taiwan
Percentile
25th
Based on 1 075 companies
25th percentile
0.3%
Low
-22 082.4% — 1%
Typical Range
1% — 11.1%
High
11.1% — 1 580%
Distribution Statistics
Taiwan
Min -22 082.4%
30th Percentile 1%
Median 5.3%
70th Percentile 11.1%
Max 1 580%

Other Profitability Ratios

Mercuries Life Insurance Co Ltd
Glance View

Market Cap
46.4B TWD
Industry
Insurance

Mercuries Life Insurance Co Ltd, established in 1993, has evolved as a stalwart in Taiwan's insurance landscape. Rooted in the bustling hub of Taipei, the company thrives by providing a wide array of insurance services, encompassing life, health, and annuity products tailored to meet the dynamic needs of its clients. Its prudent strategy combines deep market insight with innovative product offerings, ensuring that it meets the evolving demands of modern policyholders. Mercuries Life's ethos revolves around being a reliable shield for its customers against the uncertainties of life, which has garnered it a reputation built on trust and reliability. The primary mechanism through which Mercuries Life generates revenue is the collection of premiums from its numerous policy offerings. By adeptly investing these collected premiums into diverse financial instruments, the company capitalizes on a stable income through skilled asset management. This strategic investment approach ensures that Mercuries Life not only meets its obligations to policyholders but also yields profits that fuel further growth. Moreover, the company emphasizes efficient risk management and customer-centric service, underpinning its profitability and ensuring its competitive edge in the crowded insurance market.

Intrinsic Value
10.48 TWD
Undervaluation 25%
Intrinsic Value
Price
M
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
0.3%
=
Net Income
NT$424.5m
/
Revenue
NT$133.5B
What is Mercuries Life Insurance Co Ltd's current Net Margin?

The current Net Margin for Mercuries Life Insurance Co Ltd is 0.3%, which is above its 3-year median of -4.8%.

How has Net Margin changed over time?

Over the last 3 years, Mercuries Life Insurance Co Ltd’s Net Margin has increased from -12.5% to 0.3%. During this period, it reached a low of -24.7% on Dec 31, 2022 and a high of 2.1% on Dec 31, 2024.

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