U-Ming Marine Transport Corporation

TWSE:2606 Stock Report

Market Cap: NT$45.8b

U-Ming Marine Transport Past Earnings Performance

Past criteria checks 2/6

U-Ming Marine Transport has been growing earnings at an average annual rate of 25.8%, while the Shipping industry saw earnings growing at 29% annually. Revenues have been growing at an average rate of 8.5% per year. U-Ming Marine Transport's return on equity is 7.9%, and it has net margins of 19.1%.

Key information

25.8%

Earnings growth rate

25.8%

EPS growth rate

Shipping Industry Growth33.1%
Revenue growth rate8.5%
Return on equity7.9%
Net Margin19.1%
Next Earnings Update07 May 2024

Recent past performance updates

Recent updates

Investors Aren't Entirely Convinced By U-Ming Marine Transport Corporation's (TWSE:2606) Earnings

Apr 11
Investors Aren't Entirely Convinced By U-Ming Marine Transport Corporation's (TWSE:2606) Earnings

What Is U-Ming Marine Transport Corporation's (TWSE:2606) Share Price Doing?

Mar 26
What Is U-Ming Marine Transport Corporation's (TWSE:2606) Share Price Doing?

Investors Will Want U-Ming Marine Transport's (TPE:2606) Growth In ROCE To Persist

Apr 27
Investors Will Want U-Ming Marine Transport's (TPE:2606) Growth In ROCE To Persist

Looking For Steady Income For Your Dividend Portfolio? Is U-Ming Marine Transport Corporation (TPE:2606) A Good Fit?

Apr 12
Looking For Steady Income For Your Dividend Portfolio? Is U-Ming Marine Transport Corporation (TPE:2606) A Good Fit?

Could The U-Ming Marine Transport Corporation (TPE:2606) Ownership Structure Tell Us Something Useful?

Mar 13
Could The U-Ming Marine Transport Corporation (TPE:2606) Ownership Structure Tell Us Something Useful?

U-Ming Marine Transport (TPE:2606) Has A Somewhat Strained Balance Sheet

Feb 26
U-Ming Marine Transport (TPE:2606) Has A Somewhat Strained Balance Sheet

U-Ming Marine Transport (TPE:2606) Has Compensated Shareholders With A Respectable 57% Return On Their Investment

Feb 11
U-Ming Marine Transport (TPE:2606) Has Compensated Shareholders With A Respectable 57% Return On Their Investment

Does This Valuation Of U-Ming Marine Transport Corporation (TPE:2606) Imply Investors Are Overpaying?

Jan 29
Does This Valuation Of U-Ming Marine Transport Corporation (TPE:2606) Imply Investors Are Overpaying?

Here’s What’s Happening With Returns At U-Ming Marine Transport (TPE:2606)

Jan 17
Here’s What’s Happening With Returns At U-Ming Marine Transport (TPE:2606)

Tread With Caution Around U-Ming Marine Transport Corporation's (TPE:2606) 5.2% Dividend Yield

Jan 04
Tread With Caution Around U-Ming Marine Transport Corporation's (TPE:2606) 5.2% Dividend Yield

Did U-Ming Marine Transport Corporation (TPE:2606) Use Debt To Deliver Its ROE Of 4.8%?

Dec 22
Did U-Ming Marine Transport Corporation (TPE:2606) Use Debt To Deliver Its ROE Of 4.8%?

We Wouldn't Rely On U-Ming Marine Transport's (TPE:2606) Statutory Earnings As A Guide

Dec 09
We Wouldn't Rely On U-Ming Marine Transport's (TPE:2606) Statutory Earnings As A Guide

Does U-Ming Marine Transport (TPE:2606) Have A Healthy Balance Sheet?

Nov 26
Does U-Ming Marine Transport (TPE:2606) Have A Healthy Balance Sheet?

Revenue & Expenses Breakdown
Beta

How U-Ming Marine Transport makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2606 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2314,3752,7396380
30 Sep 2313,6252,3586530
30 Jun 2313,8383,4336670
31 Mar 2313,9824,0566760
31 Dec 2214,1704,4046810
30 Sep 2215,0215,6406630
30 Jun 2215,0165,5826360
31 Mar 2214,5965,3936060
31 Dec 2114,0124,8935620
30 Sep 2112,3343,5754510
30 Jun 2110,8222,5374230
31 Mar 219,0671,6084030
31 Dec 208,5078783800
30 Sep 208,6661,0924250
30 Jun 209,3381,2104350
31 Mar 209,9051,1444230
31 Dec 1910,0681,6224190
30 Sep 1910,7791,1894020
30 Jun 1911,1331,0773750
31 Mar 1911,4061,5483690
31 Dec 1811,5231,6693670
30 Sep 1810,7581,8663420
30 Jun 189,1731,5983280
31 Mar 188,8901,2283190
31 Dec 178,5011,0003080
30 Sep 177,8938432830
30 Jun 177,5453692730
31 Mar 176,850-2482680
31 Dec 166,517-8782650
30 Sep 166,651-9062950
30 Jun 167,138-4853100
31 Mar 167,4871123070
31 Dec 157,9248243110
30 Sep 158,2349343080
30 Jun 158,4651,2923080
31 Mar 158,9231,7913290
31 Dec 149,1412,0883300
30 Sep 149,0652,4603230
30 Jun 148,5122,1083160
31 Mar 147,8321,7312990
31 Dec 137,4081,5672880
30 Sep 136,8261,1133440
30 Jun 137,0901,1933800

Quality Earnings: 2606 has high quality earnings.

Growing Profit Margin: 2606's current net profit margins (19.1%) are lower than last year (31.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2606's earnings have grown significantly by 25.8% per year over the past 5 years.

Accelerating Growth: 2606's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2606 had negative earnings growth (-37.8%) over the past year, making it difficult to compare to the Shipping industry average (-62%).


Return on Equity

High ROE: 2606's Return on Equity (7.9%) is considered low.


Return on Assets


Return on Capital Employed


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