United Microelectronics Corporation

TWSE:2303 Stock Report

Market Cap: NT$630.2b

United Microelectronics Past Earnings Performance

Past criteria checks 1/6

United Microelectronics has been growing earnings at an average annual rate of 44.1%, while the Semiconductor industry saw earnings growing at 16.9% annually. Revenues have been growing at an average rate of 13.6% per year. United Microelectronics's return on equity is 17.1%, and it has net margins of 27.4%.

Key information

44.1%

Earnings growth rate

43.6%

EPS growth rate

Semiconductor Industry Growth19.9%
Revenue growth rate13.6%
Return on equity17.1%
Net Margin27.4%
Next Earnings Update24 Apr 2024

Recent past performance updates

Recent updates

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

Should You Rely On United Microelectronics's (TPE:2303) Earnings Growth?

Dec 08
Should You Rely On United Microelectronics's (TPE:2303) Earnings Growth?

United Microelectronics (TPE:2303) Seems To Use Debt Rather Sparingly

Nov 25
United Microelectronics (TPE:2303) Seems To Use Debt Rather Sparingly

Revenue & Expenses Breakdown
Beta

How United Microelectronics makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2303 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 23222,53360,99010,57213,284
30 Sep 23235,41069,14311,27312,746
30 Jun 23253,73380,16812,29512,795
31 Mar 23269,49283,57413,39212,687
31 Dec 22278,70587,19813,85812,954
30 Sep 22269,96979,54613,87412,961
30 Jun 22250,48470,01013,71712,960
31 Mar 22229,33765,16013,25312,919
31 Dec 21213,01151,24612,65512,935
30 Sep 21199,20851,02712,39012,714
30 Jun 21188,17242,67311,25212,725
31 Mar 21181,65037,41010,69412,760
31 Dec 20176,82122,86110,42412,896
30 Sep 20173,37420,2789,72513,155
30 Jun 20166,24214,1019,84912,653
31 Mar 20157,88710,71310,35812,238
31 Dec 19148,2028,1559,75311,860
30 Sep 19141,8704,1649,88612,152
30 Jun 19143,5182,9569,94012,668
31 Mar 19146,3384,8749,33512,908
31 Dec 18151,2537,6789,25213,025
30 Sep 18152,36610,5998,59112,370
30 Jun 18150,67812,3518,27912,384
31 Mar 18149,36410,7918,17812,603
31 Dec 17149,2859,6778,47413,670
30 Sep 17150,96010,7119,16814,404
30 Jun 17151,42510,21310,08414,458
31 Mar 17150,88410,69810,63114,439
31 Dec 16147,8708,62110,39013,532
30 Sep 16143,4148,7339,54912,813
30 Jun 16140,5707,4678,56012,554
31 Mar 16141,5859,4847,77712,343
31 Dec 15144,83013,2547,79412,175
30 Sep 15148,21614,8527,97012,605
30 Jun 15148,11016,0607,78412,935
31 Mar 15145,96814,9427,89013,245
31 Dec 14140,01211,1097,57413,664
30 Sep 14133,4968,3277,16913,714
30 Jun 14131,6888,8887,00013,508
31 Mar 14127,7247,2176,81213,432
31 Dec 13123,81212,6306,91212,493
30 Sep 13121,94712,5376,56811,501
30 Jun 13118,71410,5536,34910,577

Quality Earnings: 2303 has a high level of non-cash earnings.

Growing Profit Margin: 2303's current net profit margins (27.4%) are lower than last year (31.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2303's earnings have grown significantly by 44.1% 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 (-30.1%) over the past year, making it difficult to compare to the Semiconductor industry average (-28.7%).


Return on Equity

High ROE: 2303's Return on Equity (17.1%) is considered low.


Return on Assets


Return on Capital Employed


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