United Microelectronics Past Earnings Performance
Past criteria checks 1/6
United Microelectronics has been growing earnings at an average annual rate of 39%, while the Semiconductor industry saw earnings growing at 29.5% annually. Revenues have been growing at an average rate of 12.6% per year. United Microelectronics's return on equity is 14.7%, and it has net margins of 24.8%.
Key information
39.0%
Earnings growth rate
38.6%
EPS growth rate
| Semiconductor Industry Growth | 27.7% |
| Revenue growth rate | 12.6% |
| Return on equity | 14.7% |
| Net Margin | 24.8% |
| Next Earnings Update | 31 Jul 2024 |
Recent past performance updates
Recent updates
United Microelectronics: The Worst Seems To Have Passed, Good Time To Jump Back In
Apr 14United Microelectronics: Not Enough Incentive To Warrant Added Risk
Feb 05United Microelectronics: Cyclical Improvement Offers A Positive Outlook For 2024
Jan 11United Microelectronics: Hold On, But Putting New Money To Work May Be Risky
Oct 31United Microelectronics: Cruising Past The Semiconductor Slump
Oct 05United Microelectronics: The Downturn Might Last Longer Than Expected
Aug 08United Microelectronics: My Top Undervalued Semiconductor Stock
Jul 06United Microelectronics Has Reached A Crossroad
Feb 14UMC and Cadence join hands on 3D-IC hybrid bonding reference flow
Feb 01United Microelectronics Q4 2022 Earnings Preview
Jan 13United Microelectronics December sales grew 3.29% Y/Y
Jan 06United Microelectronics October sales grew 27.07% Y/Y
Nov 07United Microelectronics Non-GAAP EPS of NT$2.19 beats by NT$0.23, revenue of NT$75.39B beats by NT$2.49B
Oct 26United Microelectronics September sales grew 34.50% Y/Y
Oct 06United Microelectronics August sales grew 34.89% Y/Y
Sep 06United Microelectronics, Cadence team up on analog/mixed-signal flow for 22ULP/ULL process technologies
Aug 24United Microelectronics: The Tug Of War Continues
Aug 12United Microelectronics sees 35% growth in July sales
Aug 04United Microelectronics Q2 2022 Earnings Preview
Jul 26United Microelectronics June sales grew 43.2% Y/Y
Jul 06United Microelectronics: End-Markets Demand In Full Gear
Jun 08United Microelectronics: Caught Between Headwinds And Tailwinds
May 04United Microelectronics: Good, But Not As Good As Competitors
Mar 15United Microelectronics Is Now Growing Faster Than TSMC And Should Be Valued Accordingly
Jan 23United Microelectronics Could Be Back On The Move
Nov 08Why United Microelectronics Stock Is A Buy On Weakness
Oct 07United Microelectronics Has Limited Upside As Semiconductor Shortage Becomes Another Glut
Aug 03United Microelectronics Q1 2021 Earnings Preview
Apr 27Why United Microelectronics' Share Price Shot Up
Jan 11United Microelectronics +20% on reported 28nm capacity expansion
Nov 23United Microelectronics: Accelerating Pace Of 5G Rollout Provides Earnings And Dividend Stability
Nov 07United Microelectronics Corporation 2020 Q3 - Results - Earnings Call Presentation
Oct 30United Microelectronics Q3 2020 Earnings Preview
Oct 28Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow 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 |
|---|---|---|---|---|
| 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 |
| 30 Sep 13 | 121,947 | 12,537 | 6,568 | 11,501 |
| 30 Jun 13 | 118,714 | 10,553 | 6,349 | 10,577 |
Quality Earnings: UMC has a high level of non-cash earnings.
Growing Profit Margin: UMC's current net profit margins (24.8%) are lower than last year (31%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: UMC's earnings have grown significantly by 39% per year over the past 5 years.
Accelerating Growth: UMC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: UMC had negative earnings growth (-33.9%) over the past year, making it difficult to compare to the Semiconductor industry average (-8.5%).
Return on Equity
High ROE: UMC's Return on Equity (14.7%) is considered low.