This is a basic profile of an NZX50 listed company. It is not investment advice. We recommend you contact a qualified adviser if you need more information.
Mercury NZ
Directory
| NZX code: | MCY |
| Short name: | Mercury |
| Legal name: | Mercury NZ Limited |
| Industry sector: | Electricity generation |
| NZX50 rank: | 4 of 50 |
| Head office address: | The Mercury Building 33, Newmarket, Auckland 1023 |
| Chairman: | Scott St John |
| Chief executive: | Stew Hamilton |
| Financial year ended: | June |
| Locations: | New Zealand |
| Auditor: | EY |
| Bankers: | ANZ, ASB, BNZ, CCB, MUFG, Mizuho Bank, Westpac |
Mercury Energy
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Financial statement history
A. Recent trading and performance summary:
| Total revenue |
NPAT | Earnings per share |
|
| fye June | bln | mln | cents |
| 2018 | $1.8 | $234 | 17.0 |
| 2019 | $2.0 | $357 | 26.2 |
| 2020 | $1.8 | $209 | 15.2 |
| 2021 | $2.0 | $141 | 10.4 |
| 2022 | $2.2 | $469 | 34.3 |
| 2023 | $2.7 | $103 | 8.1 |
| 2024 | $3.4 | $290 | 20.9 |
B. Recent financial position summary:
| Total assets |
Total Liabilities |
Equity ratio |
|
| fye June | bln | bln | % |
| 2018 | $6.1 | $2.8 | 54 |
| 2019 | $6.5 | $3.0 | 55 |
| 2020 | $6.9 | $3.1 | 54 |
| 2021 | $8.0 | $3.8 | 53 |
| 2022 | $9.7 | $4.9 | 49 |
| 2023 | $9.4 | $4.6 | 51 |
| 2024 | $9.8 | $4.9 | 50 |
C. Recent cash flows and positions:
| Cash inflows |
Cash outflows |
Cash and equiv. at year end |
|
| fye June | mln | mln | mln |
| 2018 | $376 | $401 | $5 |
| 2019 | $424 | $335 | $94 |
| 2020 | $352 | $367 | $79 |
| 2021 | $380 | $296 | $163 |
| 2022 | $436 | $534 | $65 |
| 2023 | $674 | $578 | $72 |
| 2024 | $702 | $612 | $63 |
D. Recent key ratio analysis:
| Earnings per share |
Price:Earnings ratio |
NTA/share | Dividend yield |
|
| fye June | cents | annual avg | dollars | annual avg % |
| 2018 | 17 | 20 | 2.3 | 4.5 |
| 2019 | 26 | 18 | 2.5 | 3.3 |
| 2020 | 15 | 31 | 2.7 | 3.4 |
| 2021 | 10 | 64 | 3.0 | 2.6 |
| 2022 | 34 | 17 | 3.4 | 3.5 |
| 2023 | 0.1 | 85 | 3.4 | 4.5 |
| 2024 | 1.3 | 190 | 3.4 | 4.6 |
Description of trading activities
"Mercury NZ Limited is a New Zealand electricity generation and electricity retailing company. All of the company's electricity generation is renewable. It owns and operates nine hydroelectric generating stations on the Waikato River and five geothermal plants in the Taupo area"
CEO profile
Stew Hamilton joined Mercury in 2021 as the General Manager. Here he had the responsibility for management, operation, and maintenance of electricity generation assets. Hamilton became the Chief executive of MCY effective in September of 2024. Prior to MCY, Hamilton was the Chief executive at New Zealand Aluminium Smelters Ltd, and has over 25 years of experience in the industrial energy sector in Australia, New Zealand, and Africa.
Chairman Profile
Scott St John has an extensive career in the investment advisory industry, and capital markets. St John is also chair of ANZ Bank, director of ANZ Group, and the Next foundation. St John was also a former director for Fonterra Cooperative Group. One of his major contributions to the markets was his work in the Financial markets Authority Establishment Board, at this time he was also the Chancellor of the University of Auckland.
Links:
| Company website: | https://www.mercury.co.nz/ |
| Investor information: | https://www.mercury.co.nz/investors |
| NZX listing: | https://www.nzx.com/companies/MCY |
| Annual reports: | https://www.mercury.co.nz/investors/results-reports/annual-interim-reports |