Universal Cement Corporation

TWSE:1104 Stock Report

Market Cap: NT$19.4b

Universal Cement Past Earnings Performance

Past criteria checks 5/6

Universal Cement has been growing earnings at an average annual rate of 5.5%, while the Basic Materials industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 7.9% per year. Universal Cement's return on equity is 7.2%, and it has net margins of 22.2%.

Key information

5.52%

Earnings growth rate

5.52%

EPS growth rate

Basic Materials Industry Growth-0.93%
Revenue growth rate7.95%
Return on equity7.21%
Net Margin22.18%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Analysis Article • Nov 18

Universal Cement's (TWSE:1104) Soft Earnings Are Actually Better Than They Appear

The market for Universal Cement Corporation's ( TWSE:1104 ) shares didn't move much after it posted weak earnings...
Analysis Article • Aug 06

Universal Cement (TWSE:1104) Is Experiencing Growth In Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • Jul 12

Universal Cement (TWSE:1104) Is Increasing Its Dividend To NT$1.80

Universal Cement Corporation's ( TWSE:1104 ) dividend will be increasing from last year's payment of the same period to...
Analysis Article • Jun 28

Universal Cement (TWSE:1104) Has Announced That It Will Be Increasing Its Dividend To NT$1.80

Universal Cement Corporation ( TWSE:1104 ) has announced that it will be increasing its dividend from last year's...
Analysis Article • Mar 22

Universal Cement's (TWSE:1104) Shareholders May Want To Dig Deeper Than Statutory Profit

Universal Cement Corporation's ( TWSE:1104 ) healthy profit numbers didn't contain any surprises for investors. We...
Analysis Article • Apr 22

Universal Cement (TPE:1104) Seems To Use Debt Rather Sparingly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Apr 07

Universal Cement (TPE:1104) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Universal Cement Corporation's ( TPE:1104 ) recent earnings report didn't offer any surprises, with the shares...
Analysis Article • Mar 24

Three Things You Should Check Before Buying Universal Cement Corporation (TPE:1104) For Its Dividend

Could Universal Cement Corporation ( TPE:1104 ) be an attractive dividend share to own for the long haul? Investors are...
Analysis Article • Mar 06

Calculating The Intrinsic Value Of Universal Cement Corporation (TPE:1104)

Does the March share price for Universal Cement Corporation ( TPE:1104 ) reflect what it's really worth? Today, we will...
Analysis Article • Feb 16

We Like These Underlying Trends At Universal Cement (TPE:1104)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Analysis Article • Jan 26

The Universal Cement (TPE:1104) Share Price Has Gained 11% And Shareholders Are Hoping For More

On average, over time, stock markets tend to rise higher. This makes investing attractive. But not every stock you buy...
Analysis Article • Jan 05

These 4 Measures Indicate That Universal Cement (TPE:1104) Is Using Debt Safely

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article • Dec 21

How Does Universal Cement Corporation (TPE:1104) Fare As A Dividend Stock?

Today we'll take a closer look at Universal Cement Corporation ( TPE:1104 ) from a dividend investor's perspective...
Analysis Article • Dec 01

Universal Cement Corporation's (TPE:1104) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Universal Cement's (TPE:1104) stock is up by a considerable 16% over the past month. We, however wanted to have a...

Revenue & Expenses Breakdown

How Universal Cement makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TWSE:1104 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 257,9201,756499122
30 Sep 257,8631,61447985
30 Jun 257,8511,52645379
31 Mar 257,9741,51945474
31 Dec 247,9541,48246972
30 Sep 248,0481,56645866
30 Jun 248,0482,04847768
31 Mar 247,8752,08348668
31 Dec 237,8022,10849573
30 Sep 237,6202,25348679
30 Jun 237,5301,70948384
31 Mar 237,3591,62246294
31 Dec 227,0562,04143392
30 Sep 226,7851,79838697
30 Jun 226,4551,57936688
31 Mar 226,1711,55135181
31 Dec 216,0791,08834379
30 Sep 215,8981,10135572
30 Jun 215,7401,30034973
31 Mar 215,6131,43135171
31 Dec 205,4261,24734569
30 Sep 205,3411,30835171
30 Jun 205,2161,15835669
31 Mar 205,0721,02735269
31 Dec 195,0061,13534769
30 Sep 194,89699733169
30 Jun 194,8481,10132373
31 Mar 194,8021,20932373
31 Dec 184,7811,05731573
30 Sep 184,5541,14731775
30 Jun 184,5601,14731380
31 Mar 184,4711,13130283
31 Dec 174,4051,41230285
30 Sep 174,5471,51230385
30 Jun 174,4561,52229982
31 Mar 174,6171,64030875
31 Dec 164,6221,70230571
30 Sep 164,7561,69031068
30 Jun 164,9311,63431368
31 Mar 164,9421,47529468
31 Dec 155,1641,39329767
30 Sep 155,3481,26330864
30 Jun 155,5431,32131951

Quality Earnings: 1104 has high quality earnings.

Growing Profit Margin: 1104's current net profit margins (22.2%) are higher than last year (18.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1104's earnings have grown by 5.5% per year over the past 5 years.

Accelerating Growth: 1104's earnings growth over the past year (18.5%) exceeds its 5-year average (5.5% per year).

Earnings vs Industry: 1104 earnings growth over the past year (18.5%) exceeded the Basic Materials industry 8.7%.

Return on Equity

High ROE: 1104's Return on Equity (7.2%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 09:05
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Universal Cement Corporation is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
YuTang LinSinoPac Securities Investment Service
Kan-Chi LeeYuanta Research