Mercury NZ Ltd

  • IPO date:
  • Sector: Utilities
  • GIC Group: Utilities
  • Industry: Utilities-Renewable
  • Company website

Company description

Mercury NZ Limited, together with its subsidiaries, engages in the production, trading, and sale of electricity and related activities in New Zealand. The company operates through Generation/Wholesale, Retail, and Other segments. It operates 9 hydro generation stations on the Waikato River; 6 wind plants; and 5 geothermal generation stations in the central North Island. The company sells electricity to residential, commercial, industrial, and spot market customers under the GLOBUG, Trustpower, and Mercury brands. It also provides piped natural gas; broadband and telecommunication; mobile services; and other products. The company was formerly known as Mighty River Power Limited and changed its name to Mercury NZ Limited in July 2016. The company was incorporated in 1998 and is based in Auckland, New Zealand.

Financial highlights

Market Capitalization$7782.0135 million
P/E Ratio84.36
P/E Growth Ratio11.3722
Book Value3.497
Dividend Per Share0.218
Earnings Per Share0.07
EBITDA793,000
Profit Margin0.0377
Operating Margin TTM0.178
Return on Assets TTM0.0319
Return on Equity TTM0.0215
Revenue TTM2,729,999.872

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2013-06-30 1,805,579 1,127,321 678,258 468,578
2014-06-30 1,672,000 980,000 692,000 382,000
2015-06-30 1,627,000 955,000 672,000 400,000
2016-06-30 1,512,000 831,000 681,000 422,000
2017-06-30 1,552,000 836,000 716,000 427,000
2018-06-30 1,756,000 1,003,000 753,000 436,000
2019-06-30 1,957,000 1,263,000 694,000 436,000
2020-06-30 1,734,000 1,038,000 696,000 450,000
2021-06-30 2,006,000 1,348,000 658,000 455,000
2022-06-30 2,122,000 1,329,000 793,000 570,000
2023-06-30 2,730,000 1,554,000 1,176,000 690,000

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2013-06-30 11,234 5,802,055 2,620,307 105,389 374,504
2014-06-30 19,000 5,689,000 2,470,000 56,000 1,139,000 378,000
2015-06-30 32,000 6,058,000 2,721,000 10,000 1,167,000 378,000
2016-06-30 46,000 6,085,000 2,770,000 130,000 1,047,000 326,000
2017-06-30 30,000 5,997,000 2,689,000 83,000 1,024,000 327,000
2018-06-30 5,000 6,091,000 2,805,000 345,000 970,000 378,000
2019-06-30 94,000 6,484,000 2,947,000 541,000 692,000 277,000
2020-06-30 79,000 6,885,000 3,146,000 446,000 845,000 277,000
2021-06-30 163,000 7,978,000 3,792,000 471,000 1,020,000 278,000
2022-06-30 65,000 9,660,000 4,908,000 561,000 1,395,000 378,000
2023-06-30 75,000 9,419,000 4,570,000 375,000 1,523,000 378,000

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2013-06-30 114,701 285,966 -27,062 38,296 11,234 112,200
2014-06-30 212,000 317,000 8,000 11,000 19,000 173,000
2015-06-30 47,000 309,000 13,000 19,000 32,000 260,000
2016-06-30 160,000 280,000 14,000 32,000 46,000 228,000
2017-06-30 184,000 372,000 -16,000 46,000 30,000 253,000
2018-06-30 234,000 376,000 -25,000 30,000 5,000 273,000
2019-06-30 357,000 326,000 89,000 5,000 94,000 208,000
2020-06-30 207,000 356,000 -15,000 94,000 79,000 214,000
2021-06-30 141,000 338,000 84,000 79,000 163,000 221,000
2022-06-30 469,000 292,000 -98,000 163,000 65,000 232,000
2023-06-30 103,000 10,000 65,000 75,000 258,000