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United Microelectronics TWSE:2303 Stock Report

Last Price

NT$42.35

Market Cap

NT$530.6b

7D

2.2%

1Y

-15.3%

Updated

20 Dec, 2024

Data

Company Financials +

United Microelectronics Corporation

TWSE:2303 Stock Report

Market Cap: NT$530.6b

2303 Stock Overview

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. More details

2303 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends4/6

My Notes

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United Microelectronics Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for United Microelectronics
Historical stock prices
Current Share PriceNT$42.35
52 Week HighNT$58.00
52 Week LowNT$40.60
Beta1.19
1 Month Change-5.68%
3 Month Change-21.28%
1 Year Change-15.30%
3 Year Change-34.14%
5 Year Change153.59%
Change since IPO1,521.77%

Recent News & Updates

United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue

Dec 03
United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue

Is United Microelectronics Corporation (TWSE:2303) Potentially Undervalued?

Nov 18
Is United Microelectronics Corporation (TWSE:2303) Potentially Undervalued?

United Microelectronics Corporation (TWSE:2303) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Nov 01
United Microelectronics Corporation (TWSE:2303) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Recent updates

United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue

Dec 03
United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue

Is United Microelectronics Corporation (TWSE:2303) Potentially Undervalued?

Nov 18
Is United Microelectronics Corporation (TWSE:2303) Potentially Undervalued?

United Microelectronics Corporation (TWSE:2303) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Nov 01
United Microelectronics Corporation (TWSE:2303) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Little Excitement Around United Microelectronics Corporation's (TWSE:2303) Earnings

Oct 22
Little Excitement Around United Microelectronics Corporation's (TWSE:2303) Earnings

United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 80% Above Its Share Price

Aug 29
United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 80% Above Its Share Price

Why United Microelectronics Corporation (TWSE:2303) Could Be Worth Watching

Aug 16
Why United Microelectronics Corporation (TWSE:2303) Could Be Worth Watching

United Microelectronics Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Aug 02
United Microelectronics Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

These 4 Measures Indicate That United Microelectronics (TWSE:2303) Is Using Debt Reasonably Well

Jul 25
These 4 Measures Indicate That United Microelectronics (TWSE:2303) Is Using Debt Reasonably Well

United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue

Jul 11
United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue

United Microelectronics (TWSE:2303) Is Reducing Its Dividend To NT$3

Jun 14
United Microelectronics (TWSE:2303) Is Reducing Its Dividend To NT$3

The Market Doesn't Like What It Sees From United Microelectronics Corporation's (TWSE:2303) Earnings Yet

May 23
The Market Doesn't Like What It Sees From United Microelectronics Corporation's (TWSE:2303) Earnings Yet

What Is United Microelectronics Corporation's (TWSE:2303) Share Price Doing?

May 10
What Is United Microelectronics Corporation's (TWSE:2303) Share Price Doing?

United Microelectronics Corporation (TWSE:2303) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Apr 27
United Microelectronics Corporation (TWSE:2303) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 19% Below Its Share Price

Apr 22
United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 19% Below Its Share Price

We Think United Microelectronics (TWSE:2303) Can Stay On Top Of Its Debt

Mar 22
We Think United Microelectronics (TWSE:2303) Can Stay On Top Of Its Debt

Shareholder Returns

2303TW SemiconductorTW Market
7D2.2%-2.2%-2.1%
1Y-15.3%50.6%25.6%

Return vs Industry: 2303 underperformed the TW Semiconductor industry which returned 56.4% over the past year.

Return vs Market: 2303 underperformed the TW Market which returned 28.2% over the past year.

Price Volatility

Is 2303's price volatile compared to industry and market?
2303 volatility
2303 Average Weekly Movement2.9%
Semiconductor Industry Average Movement5.2%
Market Average Movement4.4%
10% most volatile stocks in TW Market7.8%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 2303 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 2303's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1980n/aJason S. Wangwww.umc.com

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers.

United Microelectronics Corporation Fundamentals Summary

How do United Microelectronics's earnings and revenue compare to its market cap?
2303 fundamental statistics
Market capNT$530.55b
Earnings (TTM)NT$50.61b
Revenue (TTM)NT$226.87b

10.5x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2303 income statement (TTM)
RevenueNT$226.87b
Cost of RevenueNT$151.76b
Gross ProfitNT$75.12b
Other ExpensesNT$24.51b
EarningsNT$50.61b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 21, 2025

Earnings per share (EPS)4.04
Gross Margin33.11%
Net Profit Margin22.31%
Debt/Equity Ratio24.1%

How did 2303 perform over the long term?

See historical performance and comparison

Dividends

7.1%

Current Dividend Yield

72%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 10:29
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

United Microelectronics Corporation is covered by 49 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tayla-Blair BothaArete Research Services LLP
Brett SimpsonArete Research Services LLP
Andrew LuBarclays