U-Ming Marine Transport Corporation

TWSE:2606 Stock Report

Market Cap: NT$55.6b

U-Ming Marine Transport Past Earnings Performance

Past criteria checks 5/6

U-Ming Marine Transport has been growing earnings at an average annual rate of 20.5%, while the Shipping industry saw earnings growing at 20.5% annually. Revenues have been growing at an average rate of 11.5% per year. U-Ming Marine Transport's return on equity is 11.9%, and it has net margins of 28.2%.

Key information

20.5%

Earnings growth rate

20.5%

EPS growth rate

Shipping Industry Growth33.1%
Revenue growth rate11.5%
Return on equity11.9%
Net Margin28.2%
Next Earnings Update06 Mar 2025

Recent past performance updates

U-Ming Marine Transport's (TWSE:2606) Earnings Are Weaker Than They Seem

Nov 20
U-Ming Marine Transport's (TWSE:2606) Earnings Are Weaker Than They Seem

Recent updates

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

Jan 21
Does U-Ming Marine Transport (TWSE:2606) Have A Healthy Balance Sheet?

At NT$58.10, Is U-Ming Marine Transport Corporation (TWSE:2606) Worth Looking At Closely?

Dec 31
At NT$58.10, Is U-Ming Marine Transport Corporation (TWSE:2606) Worth Looking At Closely?

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

Dec 16
Investors Will Want U-Ming Marine Transport's (TWSE:2606) Growth In ROCE To Persist

U-Ming Marine Transport's (TWSE:2606) Earnings Are Weaker Than They Seem

Nov 20
U-Ming Marine Transport's (TWSE:2606) Earnings Are Weaker Than They Seem

U-Ming Marine Transport Corporation's (TWSE:2606) Price Is Right But Growth Is Lacking

Sep 25
U-Ming Marine Transport Corporation's (TWSE:2606) Price Is Right But Growth Is Lacking

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

Sep 05
U-Ming Marine Transport (TWSE:2606) Has A Somewhat Strained Balance Sheet

Is U-Ming Marine Transport Corporation (TWSE:2606) Potentially Undervalued?

Jul 12
Is U-Ming Marine Transport Corporation (TWSE:2606) Potentially Undervalued?

Calculating The Fair Value Of U-Ming Marine Transport Corporation (TWSE:2606)

Jun 05
Calculating The Fair Value Of U-Ming Marine Transport Corporation (TWSE:2606)

Why U-Ming Marine Transport's (TWSE:2606) Shaky Earnings Are Just The Beginning Of Its Problems

May 21
Why U-Ming Marine Transport's (TWSE:2606) Shaky Earnings Are Just The Beginning Of Its Problems

Is U-Ming Marine Transport (TWSE:2606) A Risky Investment?

May 07
Is U-Ming Marine Transport (TWSE:2606) A Risky Investment?

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

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
30 Sep 2416,4474,6407730
30 Jun 2415,8793,8487540
31 Mar 2415,3643,2336430
31 Dec 2314,3752,7396380
30 Sep 2313,6252,3586810
30 Jun 2313,8383,4336850
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

Quality Earnings: 2606 has high quality earnings.

Growing Profit Margin: 2606's current net profit margins (28.2%) are higher than last year (17.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2606's earnings have grown significantly by 20.5% per year over the past 5 years.

Accelerating Growth: 2606's earnings growth over the past year (96.8%) exceeds its 5-year average (20.5% per year).

Earnings vs Industry: 2606 earnings growth over the past year (96.8%) exceeded the Shipping industry 88.9%.


Return on Equity

High ROE: 2606's Return on Equity (11.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/15 14:27
End of Day Share Price 2025/02/14 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.

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 Github.

Analyst Sources

U-Ming Marine Transport Corporation is covered by 16 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul Robert DewberryBofA Global Research
Yayue HsuehCapital Securities Corporation
Timothy ChenCitigroup Inc