United Renewable Energy Co., Ltd.
TWSE:3576 Stock Report
United Renewable Energy Past Earnings Performance United Renewable Energy has been growing earnings at an average annual rate of 16.8%, while the Semiconductor industry saw earnings growing at 11.6% annually. Revenues have been declining at an average rate of 5% per year.
Key information
16.8%
Earnings growth rate
Semiconductor Industry Growth 19.9% Revenue growth rate -5.0% Return on equity -38.4% Net Margin -60.0% Last Earnings Update 30 Jun 2024
Recent past performance updates
Second quarter 2024 earnings released: NT$0.52 loss per share (vs NT$0.25 loss in 2Q 2023) Aug 17
First quarter 2024 earnings released: NT$0.17 loss per share (vs NT$0.026 profit in 1Q 2023) May 19 United Renewable Energy Co., Ltd. to Report Q1, 2024 Results on May 06, 2024 Apr 28
Full year 2023 earnings released: NT$2.39 loss per share (vs NT$0.61 profit in FY 2022) Mar 19
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Nov 17
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Aug 17
Show all updates
United Renewable Energy Co., Ltd.'s (TWSE:3576) Low P/S No Reason For Excitement Nov 13
Second quarter 2024 earnings released: NT$0.52 loss per share (vs NT$0.25 loss in 2Q 2023) Aug 17
United Renewable Energy (TWSE:3576) Is Making Moderate Use Of Debt Aug 08 United Renewable Energy Co., Ltd. Announces Remuneration Committee Members Changes
United Renewable Energy Co., Ltd. (TWSE:3576) Held Back By Insufficient Growth Even After Shares Climb 26% Jul 03
First quarter 2024 earnings released: NT$0.17 loss per share (vs NT$0.026 profit in 1Q 2023) May 19 United Renewable Energy Co., Ltd. to Report Q1, 2024 Results on May 06, 2024 Apr 28
Full year 2023 earnings released: NT$2.39 loss per share (vs NT$0.61 profit in FY 2022) Mar 19 United Renewable Energy Co., Ltd. Omits Dividend for the Year 2023
United Renewable Energy Co., Ltd. Announces CEO Changes Mar 01
United Renewable Energy Co., Ltd. Announces the Change of Juristic Person Director Jan 12 United Renewable Energy Co., Ltd. Announces the Retirement of Wen-Whe Pan as CEO, Effective 29 February 2024
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Nov 17
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Aug 17
United Renewable Energy Co., Ltd. Announces the Appointment of Betty Chan as Deputy Accounting Officer Aug 11
Upcoming dividend of NT$0.10 per share at 0.6% yield Jul 17
United Renewable Energy Co., Ltd. Announces Accounting Officer Changes May 18
Full year 2022 earnings released: EPS: NT$0.61 (vs NT$0.84 loss in FY 2021) Mar 18
United Renewable Energy Co., Ltd. Announces the Appointment of Zabrina Hsu as Chief Information Security Officer Nov 30
Third quarter 2022 earnings released: EPS: NT$0.12 (vs NT$0.06 loss in 3Q 2021) Nov 16
Less than half of directors are independent Nov 16
United Renewable Energy Co., Ltd. Settles Lawsuit with Wafer Works Corporation Aug 19
Second quarter 2022 earnings released: EPS: NT$0.11 (vs NT$0.15 loss in 2Q 2021) Aug 17
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind May 22
Less than half of directors are independent Apr 27
Full year 2021 earnings: EPS and revenues exceed analyst expectations Apr 01
Third quarter 2021 earnings released: NT$0.06 loss per share (vs NT$0.095 profit in 3Q 2020) Nov 16
Second quarter 2021 earnings released: NT$0.15 loss per share (vs NT$0.43 loss in 2Q 2020) Aug 18
Independent Director has left the company May 19
Independent Director has left the company May 19
First quarter 2021 earnings released: NT$0.20 loss per share (vs NT$0.26 loss in 1Q 2020) May 15
United Renewable Energy (TPE:3576) Is Carrying A Fair Bit Of Debt Apr 27
Full year 2020 earnings released: NT$2.31 loss per share (vs NT$2.26 loss in FY 2019) Apr 01
Estimating The Fair Value Of United Renewable Energy Co., Ltd. (TPE:3576) Apr 01
New 90-day high: NT$15.10 Mar 15
Why United Renewable Energy Co., Ltd. (TPE:3576) Could Be Worth Watching Mar 04
United Renewable Energy Co., Ltd., Annual General Meeting, May 07, 2021 Feb 06
Did United Renewable Energy's (TPE:3576) Share Price Deserve to Gain 60%? Jan 27
New 90-day low: NT$13.10 Jan 18
Is United Renewable Energy (TPE:3576) Using Too Much Debt? Dec 31
Calculating The Intrinsic Value Of United Renewable Energy Co., Ltd. (TPE:3576) Nov 26
Earnings beat expectations, revenue disappoints Nov 19
Third quarter 2020 earnings released: EPS NT$0.05 Nov 17
New 90-day high: NT$13.10 Oct 12
New 90-day high - NT$12.15 Sep 02
First half earnings released Aug 15
New 90-day high - NT$10.10 Aug 10
Cathay Life Insurance Co., Ltd. entered into contract to acquire remaining 40% stake in Neo Cathay Power Corp. from United Renewable Energy Co., Ltd. (TSEC:3576) for approximately TWD 710 million. Jul 10
Revenue & Expenses Breakdown
How United Renewable Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History TWSE:3576 Revenue, expenses and earnings (TWD Millions) Date Revenue Earnings G+A Expenses R&D Expenses 30 Jun 24 7,737 -4,642 965 92 31 Mar 24 9,330 -4,206 1,078 91 31 Dec 23 12,516 -3,889 1,124 88 30 Sep 23 15,747 -1,704 1,448 68 30 Jun 23 17,862 -144 1,406 71 31 Mar 23 18,803 436 1,369 69 31 Dec 22 18,808 994 1,333 70 30 Sep 22 17,455 527 946 78 30 Jun 22 16,213 244 1,087 86 31 Mar 22 15,980 -155 1,193 92 31 Dec 21 14,302 -1,288 1,346 101 30 Sep 21 12,895 -5,789 1,504 117 30 Jun 21 12,906 -5,556 1,559 130 31 Mar 21 12,529 -5,972 1,551 159 31 Dec 20 12,511 -6,139 1,583 177 30 Sep 20 13,675 -4,177 1,614 205 30 Jun 20 14,411 -5,459 1,765 224 31 Mar 20 16,825 -5,725 2,137 226 31 Dec 19 18,139 -5,686 2,252 219 30 Sep 19 19,173 -1,305 2,273 197 30 Jun 19 17,706 -1,024 2,257 193 31 Mar 19 14,889 -565 1,764 190 31 Dec 18 13,137 -577 1,516 212 30 Sep 18 11,622 -2,566 1,360 215 30 Jun 18 11,306 -3,411 1,254 230 31 Mar 18 10,635 -3,542 1,398 254 31 Dec 17 10,248 -4,154 1,485 266 30 Sep 17 9,999 -7,198 1,539 300 30 Jun 17 10,510 -7,347 1,588 320 31 Mar 17 12,795 -7,704 1,572 342 31 Dec 16 16,537 -6,310 1,701 364 30 Sep 16 20,398 -2,540 1,636 360 30 Jun 16 23,005 -1,048 1,720 355 31 Mar 16 23,488 -880 1,821 355 31 Dec 15 22,214 -1,456 1,558 346 30 Sep 15 22,233 -1,988 1,448 374 30 Jun 15 22,534 -1,809 1,256 403 31 Mar 15 24,933 -656 1,055 424 31 Dec 14 27,580 219 1,125 452 30 Sep 14 27,584 911 1,028 487 30 Jun 14 28,082 1,559 1,017 511 31 Mar 14 24,771 1,502 963 471 31 Dec 13 20,084 502 848 408
Quality Earnings: 3576 is currently unprofitable.
Growing Profit Margin: 3576 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3576 is unprofitable, but has reduced losses over the past 5 years at a rate of 16.8% per year.
Accelerating Growth: Unable to compare 3576's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 3576 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (3.7%).
Return on Equity
High ROE: 3576 has a negative Return on Equity (-38.43%), as it is currently unprofitable.
Return on Capital Employed
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