United Microelectronics Past Earnings Performance
Past criteria checks 2/6
United Microelectronics has been growing earnings at an average annual rate of 27%, while the Semiconductor industry saw earnings growing at 9.9% annually. Revenues have been growing at an average rate of 9.9% per year. United Microelectronics's return on equity is 13.7%, and it has net margins of 22.3%.
Key information
27.0%
Earnings growth rate
26.6%
EPS growth rate
| Semiconductor Industry Growth | 19.9% |
| Revenue growth rate | 9.9% |
| Return on equity | 13.7% |
| Net Margin | 22.3% |
| Next Earnings Update | 21 Jan 2025 |
Recent past performance updates
Recent updates
United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue
Dec 03
Is United Microelectronics Corporation (TWSE:2303) Potentially Undervalued?
Nov 18United Microelectronics Corporation (TWSE:2303) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year
Nov 01Little Excitement Around United Microelectronics Corporation's (TWSE:2303) Earnings
Oct 22United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 80% Above Its Share Price
Aug 29Why United Microelectronics Corporation (TWSE:2303) Could Be Worth Watching
Aug 16United Microelectronics Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 02These 4 Measures Indicate That United Microelectronics (TWSE:2303) Is Using Debt Reasonably Well
Jul 25United Microelectronics (TWSE:2303) Shareholders Will Want The ROCE Trajectory To Continue
Jul 11United Microelectronics (TWSE:2303) Is Reducing Its Dividend To NT$3
Jun 14The Market Doesn't Like What It Sees From United Microelectronics Corporation's (TWSE:2303) Earnings Yet
May 23What Is United Microelectronics Corporation's (TWSE:2303) Share Price Doing?
May 10United Microelectronics Corporation (TWSE:2303) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 27United Microelectronics Corporation's (TWSE:2303) Intrinsic Value Is Potentially 19% Below Its Share Price
Apr 22We Think United Microelectronics (TWSE:2303) Can Stay On Top Of Its Debt
Mar 22Revenue & Expenses Breakdown
How United Microelectronics makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 226,875 | 50,608 | 10,026 | 15,226 |
| 30 Jun 24 | 223,459 | 52,107 | 9,956 | 14,460 |
| 31 Mar 24 | 222,956 | 55,263 | 9,898 | 13,925 |
| 31 Dec 23 | 222,533 | 59,689 | 10,572 | 13,284 |
| 30 Sep 23 | 235,410 | 69,143 | 11,273 | 12,746 |
| 30 Jun 23 | 253,733 | 80,168 | 12,295 | 12,795 |
| 31 Mar 23 | 269,492 | 83,574 | 13,392 | 12,687 |
| 31 Dec 22 | 278,705 | 89,479 | 13,858 | 12,954 |
| 30 Sep 22 | 269,969 | 79,546 | 13,874 | 12,961 |
| 30 Jun 22 | 250,484 | 70,010 | 13,717 | 12,960 |
| 31 Mar 22 | 229,337 | 65,160 | 13,253 | 12,919 |
| 31 Dec 21 | 213,011 | 51,246 | 12,655 | 12,935 |
| 30 Sep 21 | 199,208 | 51,027 | 12,390 | 12,714 |
| 30 Jun 21 | 188,172 | 42,673 | 11,252 | 12,725 |
| 31 Mar 21 | 181,650 | 37,410 | 10,694 | 12,760 |
| 31 Dec 20 | 176,821 | 22,861 | 10,424 | 12,896 |
| 30 Sep 20 | 173,374 | 20,278 | 9,725 | 13,155 |
| 30 Jun 20 | 166,242 | 14,101 | 9,849 | 12,653 |
| 31 Mar 20 | 157,887 | 10,713 | 10,358 | 12,238 |
| 31 Dec 19 | 148,202 | 8,155 | 9,753 | 11,860 |
| 30 Sep 19 | 141,870 | 4,164 | 9,886 | 12,152 |
| 30 Jun 19 | 143,518 | 2,956 | 9,940 | 12,668 |
| 31 Mar 19 | 146,338 | 4,874 | 9,335 | 12,908 |
| 31 Dec 18 | 151,253 | 7,678 | 9,252 | 13,025 |
| 30 Sep 18 | 152,366 | 10,599 | 8,591 | 12,370 |
| 30 Jun 18 | 150,678 | 12,351 | 8,279 | 12,384 |
| 31 Mar 18 | 149,364 | 10,791 | 8,178 | 12,603 |
| 31 Dec 17 | 149,285 | 9,677 | 8,474 | 13,670 |
| 30 Sep 17 | 150,960 | 10,711 | 9,168 | 14,404 |
| 30 Jun 17 | 151,425 | 10,213 | 10,084 | 14,458 |
| 31 Mar 17 | 150,884 | 10,698 | 10,631 | 14,439 |
| 31 Dec 16 | 147,870 | 8,621 | 10,390 | 13,532 |
| 30 Sep 16 | 143,414 | 8,733 | 9,549 | 12,813 |
| 30 Jun 16 | 140,570 | 7,467 | 8,560 | 12,554 |
| 31 Mar 16 | 141,585 | 9,484 | 7,777 | 12,343 |
| 31 Dec 15 | 144,830 | 13,254 | 7,794 | 12,175 |
| 30 Sep 15 | 148,216 | 14,852 | 7,970 | 12,605 |
| 30 Jun 15 | 148,110 | 16,060 | 7,784 | 12,935 |
| 31 Mar 15 | 145,968 | 14,942 | 7,890 | 13,245 |
| 31 Dec 14 | 140,012 | 11,109 | 7,574 | 13,664 |
| 30 Sep 14 | 133,496 | 8,327 | 7,169 | 13,714 |
| 30 Jun 14 | 131,688 | 8,888 | 7,000 | 13,508 |
| 31 Mar 14 | 127,724 | 7,217 | 6,812 | 13,432 |
| 31 Dec 13 | 123,812 | 12,630 | 6,912 | 12,493 |
Quality Earnings: 2303 has high quality earnings.
Growing Profit Margin: 2303's current net profit margins (22.3%) are lower than last year (29.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2303's earnings have grown significantly by 27% per year over the past 5 years.
Accelerating Growth: 2303's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2303 had negative earnings growth (-26.8%) over the past year, making it difficult to compare to the Semiconductor industry average (5.9%).
Return on Equity
High ROE: 2303's Return on Equity (13.7%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
| Analyst | Institution |
|---|---|
| Tayla-Blair Botha | Arete Research Services LLP |
| Brett Simpson | Arete Research Services LLP |
| Andrew Lu | Barclays |