United Microelectronics Corporation

NYSE:UMC Stock Report

Market Cap: US$15.9b

United Microelectronics Past Earnings Performance

Past criteria checks 2/6

United Microelectronics has been growing earnings at an average annual rate of 20.7%, while the Semiconductor industry saw earnings growing at 15.6% annually. Revenues have been growing at an average rate of 8.3% per year. United Microelectronics's return on equity is 12.5%, and it has net margins of 20.3%.

Key information

20.7%

Earnings growth rate

20.3%

EPS growth rate

Semiconductor Industry Growth27.7%
Revenue growth rate8.3%
Return on equity12.5%
Net Margin20.3%
Next Earnings Update23 Apr 2025

Recent past performance updates

Recent updates

United Microelectronics: Growth Opportunities On Volume Recovery, But Pricing Remains A Risk

Jan 23

United Microelectronics: Performance Gets Better With Every Quarter

Sep 09

United Microelectronics: Stock Valued Just Right

Jul 01

United Microelectronics Corporation: The Foundry Market Is Changing

Jun 08

United Microelectronics: A Value Stock With AI Exposure

May 03

United Microelectronics: The Worst Seems To Have Passed, Good Time To Jump Back In

Apr 14

United Microelectronics: Not Enough Incentive To Warrant Added Risk

Feb 05

United Microelectronics: Cyclical Improvement Offers A Positive Outlook For 2024

Jan 11

United Microelectronics: Hold On, But Putting New Money To Work May Be Risky

Oct 31

United Microelectronics: Cruising Past The Semiconductor Slump

Oct 05

United Microelectronics: The Downturn Might Last Longer Than Expected

Aug 08

United Microelectronics: My Top Undervalued Semiconductor Stock

Jul 06

United Microelectronics Has Reached A Crossroad

Feb 14

UMC and Cadence join hands on 3D-IC hybrid bonding reference flow

Feb 01

United Microelectronics Q4 2022 Earnings Preview

Jan 13

United Microelectronics December sales grew 3.29% Y/Y

Jan 06

United Microelectronics October sales grew 27.07% Y/Y

Nov 07

United Microelectronics Non-GAAP EPS of NT$2.19 beats by NT$0.23, revenue of NT$75.39B beats by NT$2.49B

Oct 26

United Microelectronics September sales grew 34.50% Y/Y

Oct 06

United Microelectronics August sales grew 34.89% Y/Y

Sep 06

United Microelectronics, Cadence team up on analog/mixed-signal flow for 22ULP/ULL process technologies

Aug 24

United Microelectronics: The Tug Of War Continues

Aug 12

United Microelectronics sees 35% growth in July sales

Aug 04

United Microelectronics Q2 2022 Earnings Preview

Jul 26

United Microelectronics June sales grew 43.2% Y/Y

Jul 06

United Microelectronics: End-Markets Demand In Full Gear

Jun 08

United Microelectronics: Caught Between Headwinds And Tailwinds

May 04

United Microelectronics: Good, But Not As Good As Competitors

Mar 15

United Microelectronics Is Now Growing Faster Than TSMC And Should Be Valued Accordingly

Jan 23

United Microelectronics Could Be Back On The Move

Nov 08

Why United Microelectronics Stock Is A Buy On Weakness

Oct 07

United Microelectronics Has Limited Upside As Semiconductor Shortage Becomes Another Glut

Aug 03

United Microelectronics Q1 2021 Earnings Preview

Apr 27

Why United Microelectronics' Share Price Shot Up

Jan 11

United Microelectronics +20% on reported 28nm capacity expansion

Nov 23

United Microelectronics: Accelerating Pace Of 5G Rollout Provides Earnings And Dividend Stability

Nov 07

United Microelectronics Corporation 2020 Q3 - Results - Earnings Call Presentation

Oct 30

United Microelectronics Q3 2020 Earnings Preview

Oct 28

Revenue & Expenses Breakdown

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


Earnings and Revenue History

NYSE:UMC Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 24232,30347,2119,74915,616
30 Sep 24226,87550,60810,02615,226
30 Jun 24223,45952,1079,95614,460
31 Mar 24222,95655,2639,89813,925
31 Dec 23222,53359,68910,57213,284
30 Sep 23235,41069,14311,27312,746
30 Jun 23253,73380,16812,29512,795
31 Mar 23269,49283,57413,39212,687
31 Dec 22278,70589,47913,85812,954
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

Quality Earnings: UMC has high quality earnings.

Growing Profit Margin: UMC's current net profit margins (20.3%) are lower than last year (26.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: UMC's earnings have grown significantly by 20.7% 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 (-20.9%) over the past year, making it difficult to compare to the Semiconductor industry average (-1.6%).


Return on Equity

High ROE: UMC's Return on Equity (12.5%) 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 Analysis2025/02/16 13:44
End of Day Share Price 2025/02/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

United Microelectronics Corporation is covered by 47 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brett SimpsonArete Research Services LLP
Tayla-Blair BothaArete Research Services LLP
Andrew LuBarclays