United Microelectronics Financials

UMC Stock  USD 8.29  0.13  1.54%   
Based on the key indicators related to United Microelectronics' liquidity, profitability, solvency, and operating efficiency, United Microelectronics is performing exceptionally good at this time. It has a great probability to report excellent financial results in November. At present, United Microelectronics' Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 13.4 B, whereas Total Assets are forecasted to decline to about 376.3 B. Key indicators impacting United Microelectronics' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.140.2682
Way Down
Pretty Stable
Return On Assets0.110.1067
Fairly Up
Slightly volatile
Return On Equity0.170.1662
Fairly Up
Slightly volatile
Debt Equity Ratio0.170.2096
Significantly Down
Very volatile
Operating Income56.6 B53.9 B
Sufficiently Up
Slightly volatile
Current Ratio2.832.1807
Significantly Up
Slightly volatile
The essential information of the day-to-day investment outlook for United Microelectronics includes many different criteria found on its balance sheet. An individual investor should monitor United Microelectronics' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in United Microelectronics.

Cash And Equivalents

83.54 Billion

  
Understanding current and past United Microelectronics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of United Microelectronics' financial statements are interrelated, with each one affecting the others. For example, an increase in United Microelectronics' assets may result in an increase in income on the income statement.
Please note, the presentation of United Microelectronics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, United Microelectronics' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of United Microelectronics' management manipulating its earnings.

United Microelectronics Stock Summary

United Microelectronics competes with Silicon Motion, ASE Industrial, ChipMOS Technologies, SemiLEDS, and Himax Technologies. United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan. United Microelectronics operates under Semiconductors classification in the United States and is traded on New York Stock Exchange. It employs 19500 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS9108734057
CUSIP910873405 910873207
LocationTaiwan
Business AddressHsinchu Science Park,
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.umc.com
Phone886 3 578 2258
CurrencyUSD - US Dollar

United Microelectronics Key Financial Ratios

United Microelectronics' financial ratios allow both analysts and investors to convert raw data from United Microelectronics' financial statements into concise, actionable information that can be used to evaluate the performance of United Microelectronics over time and compare it to other companies across industries.

United Microelectronics Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets370.2B377.5B464.4B533.1B559.2B376.3B
Other Current Liab50.3B56.7B91.2B95.5B58.2B61.1B
Net Debt(29.6B)(52.6B)(85.8B)(128.2B)(52.4B)(49.8B)
Retained Earnings60.8B56.6B91.5B175.8B187.2B196.6B
Accounts Payable8.9B7.9B8.4B9.0B7.5B6.7B
Cash95.5B94.0B132.6B173.8B132.6B87.0B
Net Receivables26.6B29.2B36.4B39.2B33.2B22.2B
Inventory21.7B22.6B23.0B31.1B35.7B37.5B
Other Current Assets2.9B71.6M3.0B720.9M2.2B1.7B
Total Liab163.0B141.7B183.2B197.6B197.8B116.8B
Total Current Assets153.8B164.3B233.3B252.4B215.9B137.1B
Short Term Debt12.6B11.6B2.5B537.3M30.1B31.6B
Intangible Assets5.2B4.9B3.6B4.3B4.4B2.6B
Common Stock117.2B124.2B124.8B125.0B125.3B107.4B
Other Liab36.9B33.7B33.4B44.0B50.6B53.1B
Other Assets11.2B11.2B4.2B13.5B15.5B16.3B
Long Term Debt47.9B24.8B39.8B39.9B45.2B47.5B
Short Long Term Debt36.8B38.0B1.9B13.5B12.2B19.7B
Net Tangible Assets201.6B230.8B277.3B330.8B380.5B229.0B
Long Term Debt Total53.3B29.8B44.3B45.1B40.6B40.1B

United Microelectronics Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense2.9B2.0B1.9B1.8B1.5B1.3B
Total Revenue148.2B176.8B213.0B278.7B222.5B144.7B
Gross Profit21.3B39.0B72.0B125.8B74.8B78.5B
Operating Income7.5B22.0B51.7B104.3B53.9B56.6B
Ebit56.9B27.2B58.8B104.2B53.9B56.6B
Research Development11.9B12.9B12.9B13.0B13.3B11.2B
Ebitda56.9B75.9B105.6B148.1B94.2B59.3B
Cost Of Revenue126.9B137.8B141.0B152.9B147.8B109.0B
Income Before Tax5.7B27.9B61.8B106.1B64.0B67.2B
Net Income6.1B22.9B51.2B89.5B59.7B62.7B
Income Tax Expense(393.1M)745.8M6.7B18.1B9.5B9.9B
Minority Interest410.1M113.4M668.2M(820.0M)(504.2M)(479.0M)
Tax Provision(393.1M)745.8M6.7B18.1B14.7B15.4B
Interest Income761.3M7.3B10.6B339.9M4.6B4.2B
Net Interest Income(3.0B)(1.3B)(1.4B)156.0M3.0B3.1B

United Microelectronics Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(1.4B)(1.0B)(871.6M)(7.6B)(4.9B)(4.7B)
Change In Cash11.8B(1.4B)38.6B41.2B(41.3B)(39.2B)
Free Cash Flow35.9B37.4B40.4B63.0B(8.1B)(7.7B)
Depreciation49.4B48.9B47.1B44.2B40.3B44.8B
Other Non Cash Items(2.3B)(2.7B)(2.5B)(1.5B)67.4B70.8B
Capital Expenditures19.0B28.4B50.0B82.9B94.1B50.3B
Net Income5.7B27.9B61.8B106.1B61.0B64.0B
End Period Cash Flow95.5B94.0B132.6B173.8B132.6B87.0B
Change To Netincome(9.0B)(15.3B)(8.4B)18.8B16.9B17.8B
Dividends Paid6.9B9.8B19.9B37.4B45.0B47.3B
Investments(31.7B)(40.1B)(15.5B)(54.4B)(107.0B)(101.7B)
Net Borrowings(250.2M)(15.2B)18.2B(34.8B)(31.3B)(29.8B)

United Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining United Microelectronics's current stock value. Our valuation model uses many indicators to compare United Microelectronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across United Microelectronics competition to find correlations between indicators driving United Microelectronics's intrinsic value. More Info.
United Microelectronics is rated second in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about  0.38  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for United Microelectronics is roughly  2.62 . At present, United Microelectronics' Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the United Microelectronics' earnings, one of the primary drivers of an investment's value.

United Microelectronics Systematic Risk

United Microelectronics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. United Microelectronics volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on United Microelectronics correlated with the market. If Beta is less than 0 United Microelectronics generally moves in the opposite direction as compared to the market. If United Microelectronics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one United Microelectronics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of United Microelectronics is generally in the same direction as the market. If Beta > 1 United Microelectronics moves generally in the same direction as, but more than the movement of the benchmark.

United Microelectronics Thematic Clasifications

United Microelectronics is part of several thematic ideas from Semiconductor to Electronics. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in United Microelectronics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various United Microelectronics' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of United Microelectronics growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.68)

At present, United Microelectronics' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

United Microelectronics October 3, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of United Microelectronics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of United Microelectronics. We use our internally-developed statistical techniques to arrive at the intrinsic value of United Microelectronics based on widely used predictive technical indicators. In general, we focus on analyzing United Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build United Microelectronics's daily price indicators and compare them against related drivers.

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When running United Microelectronics' price analysis, check to measure United Microelectronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Microelectronics is operating at the current time. Most of United Microelectronics' value examination focuses on studying past and present price action to predict the probability of United Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Microelectronics' price. Additionally, you may evaluate how the addition of United Microelectronics to your portfolios can decrease your overall portfolio volatility.
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