Merida Industry reports 26 percent sales drop: what it means for Merida Industry stock

Published on 10/20/2026 at 01:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

September sales reached TWD 1.70 billion, down 26.00 percent year over year. For Merida Industry stock, shipments totaled 87,687 units.

Operating figures and calendar

September sales fell 26.00 percent year over year to TWD 1.70 billion on October 12, 2026.
Second-quarter revenue reached TWD 6.94 billion, while earnings per share came in at TWD 1.06.
Merida Industry's market capitalization was TWD 20.7 billion as of October 19, 2026.
The next earnings report is scheduled for November 16, 2026.

Merida, TW0009914002, Illustration mit AI erstellt.

Merida Industry (ISIN TW0009914002) reported September sales of TWD 1.70 billion, a 26.00 percent year-over-year decline. The figures released on October 12, 2026 also showed shipments of 87,687 units, down 4.00 percent, according to Bicycle Retailer. For Merida Industry stock, the report sharpens the contrast between unit demand and revenue pressure.

What do September figures mean?

The latest monthly data point to a weaker sales mix as well as lower volume. Revenue for the first three quarters was down 15.40 percent year over year, while unit shipments reached 864,391, a 2.00 percent decline from the same period of 2025, Bicycle Retailer reported on October 12, 2026.

The comparison with quarterly figures is important. Merida's second-quarter revenue was TWD 6.94 billion and earnings per share were TWD 1.06, against a TWD 1.67 consensus estimate, according to TradingView. Revenue was listed at TWD 6.94 billion against a TWD 6.57 billion estimate, so the latest picture combines a revenue beat with an earnings-per-share miss.

Three dated operating markers

On September 10, 2026, August revenue was reported at TWD 2.00 billion, down 20.70 percent year over year, according to AlphaPort. On September 15, 2026, first-half revenue stood at TWD 12.26 billion and net income at TWD 640.00 million, with revenue down 15.90 percent year over year, according to Cleanrider. The October 12, 2026 September sales report then supplied the most recent operating marker.

Next reporting date

The next earnings report is listed for November 16, 2026, according to TradingView. That date gives investors the next scheduled point for testing whether monthly sales weakness is feeding into profitability.

Market value and investor context

Merida Industry's market capitalization was TWD 20.7 billion as of October 19, 2026. The stock's 52-week range was TWD 55.10 to TWD 137.00, while the latest reported Taiwan quote was TWD 69.30 on October 19, 2026. The lower end of that range and the revenue decline leave operating recovery as the central question for the next report.