United Microelectronics Corporation Logo

United Microelectronics Corporation

2303.TW

(3.8)
Stock Price

53,70 TWD

12.31% ROA

17.54% ROE

9.27x PER

Market Cap.

627.742.980.000,00 TWD

20.73% DER

7.19% Yield

27.41% NPM

United Microelectronics Corporation Stock Analysis

United Microelectronics Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

United Microelectronics Corporation Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (19.57%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a minimal amount of debt (21%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

5 Dividend Growth

The company's dividend growth has exhibited a remarkable upward trend over the past five years, consistently delivering higher returns to investors.

6 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

7 PBV

The stock's PBV ratio (1.76x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

8 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

9 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (362), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

10 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

11 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

United Microelectronics Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

United Microelectronics Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

United Microelectronics Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

United Microelectronics Corporation Revenue
Year Revenue Growth
1999 34.339.427.071
2000 115.609.328.037 70.3%
2001 69.816.793.270 -65.59%
2002 75.604.907.183 7.66%
2003 95.541.263.723 20.87%
2004 129.395.463.112 26.16%
2005 100.575.944.390 -28.65%
2006 111.986.525.987 10.19%
2007 113.317.340.277 1.17%
2008 96.906.042.391 -16.94%
2009 91.389.765.000 -6.04%
2010 126.441.544.000 27.72%
2011 116.702.723.000 -8.34%
2012 115.675.128.000 -0.89%
2013 123.811.636.000 6.57%
2014 140.012.365.000 11.57%
2015 144.830.421.000 3.33%
2016 147.870.124.000 2.06%
2017 149.284.706.000 0.95%
2018 151.252.571.000 1.3%
2019 148.201.641.000 -2.06%
2020 176.820.914.000 16.19%
2021 213.011.018.000 16.99%
2022 278.705.264.000 23.57%
2023 228.275.468.000 -22.09%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

United Microelectronics Corporation Research and Development Expenses
Year Research and Development Expenses Growth
1999 3.186.522.208
2000 6.306.257.748 49.47%
2001 8.959.686.605 29.62%
2002 7.385.669.842 -21.31%
2003 5.848.693.150 -26.28%
2004 7.375.277.087 20.7%
2005 9.658.587.580 23.64%
2006 9.417.414.765 -2.56%
2007 9.631.737.334 2.23%
2008 8.281.978.122 -16.3%
2009 8.044.155.000 -2.96%
2010 8.740.479.000 7.97%
2011 9.395.066.000 6.97%
2012 9.786.831.000 4%
2013 12.493.051.000 21.66%
2014 13.663.874.000 8.57%
2015 12.174.824.000 -12.23%
2016 13.532.356.000 10.03%
2017 13.669.589.000 1%
2018 13.025.139.000 -4.95%
2019 11.860.244.000 -9.82%
2020 12.895.501.000 8.03%
2021 12.934.836.000 0.3%
2022 12.953.534.000 0.14%
2023 13.021.180.000 0.52%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

United Microelectronics Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 2.723.288.000 100%
2010 3.598.361.000 24.32%
2011 3.341.672.000 -7.68%
2012 3.371.646.000 0.89%
2013 3.665.472.000 8.02%
2014 3.562.029.000 -2.9%
2015 3.730.259.000 4.51%
2016 5.800.810.000 35.69%
2017 4.239.713.000 -36.82%
2018 4.823.391.000 12.1%
2019 5.436.091.000 11.27%
2020 6.664.166.000 18.43%
2021 7.989.860.000 16.59%
2022 9.672.613.000 17.4%
2023 6.918.452.000 -39.81%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

United Microelectronics Corporation EBITDA
Year EBITDA Growth
1999 -7.516.137.971
2000 68.276.252.543 111.01%
2001 29.970.598.721 -127.81%
2002 31.739.653.364 5.57%
2003 45.366.047.636 30.04%
2004 58.729.348.241 22.75%
2005 32.806.733.700 -79.02%
2006 21.889.377.202 -49.88%
2007 33.421.838.285 34.51%
2008 52.940.833.694 36.87%
2009 37.369.212.000 -41.67%
2010 52.708.804.000 29.1%
2011 37.413.818.000 -40.88%
2012 40.248.110.000 7.04%
2013 44.159.262.000 8.86%
2014 52.205.080.000 15.41%
2015 58.315.660.000 10.48%
2016 58.470.795.000 0.27%
2017 60.203.389.000 2.88%
2018 58.455.286.000 -2.99%
2019 56.937.486.000 -2.67%
2020 75.851.031.000 24.94%
2021 105.583.094.000 28.16%
2022 148.131.348.000 28.72%
2023 113.302.316.000 -30.74%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

United Microelectronics Corporation Gross Profit
Year Gross Profit Growth
1999 9.066.086.300
2000 58.547.147.400 84.51%
2001 9.248.882.451 -533.02%
2002 12.567.896.123 26.41%
2003 21.728.966.019 42.16%
2004 36.856.734.088 41.04%
2005 9.697.720.730 -280.06%
2006 21.362.217.557 54.6%
2007 23.544.268.438 9.27%
2008 15.699.492.749 -49.97%
2009 15.415.158.000 -1.84%
2010 36.924.339.000 58.25%
2011 21.286.194.000 -73.47%
2012 19.411.861.000 -9.66%
2013 23.562.975.000 17.62%
2014 31.852.678.000 26.03%
2015 31.768.527.000 -0.26%
2016 30.379.430.000 -4.57%
2017 27.057.758.000 -12.28%
2018 22.840.027.000 -18.47%
2019 21.314.972.000 -7.15%
2020 38.997.101.000 45.34%
2021 72.049.629.000 45.87%
2022 125.764.377.000 42.71%
2023 81.843.808.000 -53.66%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

United Microelectronics Corporation Net Profit
Year Net Profit Growth
1999 10.686.043.624
2000 50.780.359.973 78.96%
2001 -3.157.308.147 1708.34%
2002 7.088.869.831 144.54%
2003 13.996.469.669 49.35%
2004 31.893.849.946 56.12%
2005 7.044.887.780 -352.72%
2006 32.614.263.888 78.4%
2007 16.962.670.447 -92.27%
2008 -22.341.401.374 175.92%
2009 3.874.028.000 676.7%
2010 23.898.905.000 83.79%
2011 10.609.695.000 -125.26%
2012 7.819.448.000 -35.68%
2013 12.630.203.000 38.09%
2014 12.141.341.000 -4.03%
2015 13.448.624.000 9.72%
2016 8.315.660.000 -61.73%
2017 9.628.734.000 13.64%
2018 7.072.990.000 -36.13%
2019 6.128.767.000 -15.41%
2020 29.189.489.000 79%
2021 55.780.255.000 47.67%
2022 87.198.291.000 36.03%
2023 63.883.668.000 -36.5%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

United Microelectronics Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1999 1
2000 4 66.67%
2001 0 0%
2002 1 0%
2003 1 100%
2004 2 50%
2005 1 0%
2006 2 100%
2007 1 -100%
2008 -2 200%
2009 0 0%
2010 2 100%
2011 1 0%
2012 0 0%
2013 1 100%
2014 1 0%
2015 1 100%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 2 100%
2021 4 75%
2022 7 42.86%
2023 5 -40%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

United Microelectronics Corporation Free Cashflow
Year Free Cashflow Growth
1999 -8.214.315.436
2000 -15.057.713.967 45.45%
2001 -3.294.475.999 -357.06%
2002 -5.463.791.509 39.7%
2003 24.763.193.757 122.06%
2004 -7.183.644.764 444.72%
2005 23.885.098.970 130.08%
2006 13.836.229.961 -72.63%
2007 19.780.987.784 30.05%
2008 33.768.967.553 41.42%
2009 14.809.592.000 -128.02%
2010 -7.730.347.000 291.58%
2011 -11.959.518.000 35.36%
2012 -12.413.609.000 3.66%
2013 7.679.355.000 261.65%
2014 397.889.000 -1830.02%
2015 -1.549.583.000 125.68%
2016 -46.664.393.000 96.68%
2017 6.954.181.000 771.03%
2018 30.506.226.000 77.2%
2019 35.942.072.000 15.12%
2020 37.390.859.000 3.87%
2021 40.392.334.000 7.43%
2022 62.976.746.000 35.86%
2023 1.253.905.000 -4922.45%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

United Microelectronics Corporation Operating Cashflow
Year Operating Cashflow Growth
1999 11.174.100.052
2000 68.424.961.140 83.67%
2001 39.756.369.361 -72.11%
2002 30.599.618.539 -29.92%
2003 49.540.750.844 38.23%
2004 74.055.116.341 33.1%
2005 46.105.230.390 -60.62%
2006 47.071.074.603 2.05%
2007 48.081.661.312 2.1%
2008 45.294.523.344 -6.15%
2009 32.427.446.000 -39.68%
2010 53.560.000.000 39.46%
2011 41.653.800.000 -28.58%
2012 40.535.119.000 -2.76%
2013 43.472.461.000 6.76%
2014 44.788.252.000 2.94%
2015 60.042.879.000 25.41%
2016 46.450.497.000 -29.26%
2017 52.474.395.000 11.48%
2018 50.934.976.000 -3.02%
2019 54.904.148.000 7.23%
2020 65.745.192.000 16.49%
2021 90.351.891.000 27.23%
2022 145.860.529.000 38.06%
2023 19.058.910.000 -665.31%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

United Microelectronics Corporation Capital Expenditure
Year Capital Expenditure Growth
1999 19.388.415.488
2000 83.482.675.107 76.78%
2001 43.050.845.360 -93.92%
2002 36.063.410.048 -19.38%
2003 24.777.557.086 -45.55%
2004 81.238.761.105 69.5%
2005 22.220.131.420 -265.61%
2006 33.234.844.642 33.14%
2007 28.300.673.528 -17.43%
2008 11.525.555.790 -145.55%
2009 17.617.854.000 34.58%
2010 61.290.347.000 71.26%
2011 53.613.318.000 -14.32%
2012 52.948.728.000 -1.26%
2013 35.793.106.000 -47.93%
2014 44.390.363.000 19.37%
2015 61.592.462.000 27.93%
2016 93.114.890.000 33.85%
2017 45.520.214.000 -104.56%
2018 20.428.750.000 -122.82%
2019 18.962.076.000 -7.73%
2020 28.354.333.000 33.12%
2021 49.959.557.000 43.25%
2022 82.883.783.000 39.72%
2023 17.805.005.000 -365.51%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

United Microelectronics Corporation Equity
Year Equity Growth
1999 104.458.936.506
2000 208.408.989.116 49.88%
2001 213.322.268.481 2.3%
2002 217.942.095.129 2.12%
2003 231.838.795.441 5.99%
2004 266.795.997.268 13.1%
2005 258.952.866.730 -3.03%
2006 291.119.922.105 11.05%
2007 236.479.494.354 -23.11%
2008 184.852.588.816 -27.93%
2009 213.598.321.000 13.46%
2010 219.337.283.000 2.62%
2011 207.737.087.000 -5.58%
2012 202.449.806.000 -2.61%
2013 208.121.188.000 2.73%
2014 221.159.053.000 5.9%
2015 226.790.338.000 2.48%
2016 216.579.895.000 -4.71%
2017 213.080.776.000 -1.64%
2018 206.536.491.000 -3.17%
2019 207.214.422.000 0.33%
2020 235.773.102.000 12.11%
2021 281.202.884.000 16.16%
2022 335.450.939.000 16.17%
2023 350.016.189.000 4.16%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

United Microelectronics Corporation Assets
Year Assets Growth
1999 151.028.492.708
2000 298.249.875.609 49.36%
2001 320.694.311.914 7%
2002 327.807.455.771 2.17%
2003 353.911.945.757 7.38%
2004 376.901.223.318 6.1%
2005 347.948.621.450 -8.32%
2006 367.596.716.355 5.35%
2007 299.574.257.526 -22.71%
2008 216.605.230.417 -38.3%
2009 253.638.451.000 14.6%
2010 280.886.996.000 9.7%
2011 279.831.746.000 -0.38%
2012 280.958.918.000 0.4%
2013 295.902.829.000 5.05%
2014 313.245.648.000 5.54%
2015 337.366.810.000 7.15%
2016 386.655.182.000 12.75%
2017 394.099.162.000 1.89%
2018 364.604.906.000 -8.09%
2019 370.187.365.000 1.51%
2020 377.516.375.000 1.94%
2021 464.426.771.000 18.71%
2022 533.052.092.000 12.87%
2023 547.270.956.000 2.6%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

United Microelectronics Corporation Liabilities
Year Liabilities Growth
1999 36.494.531.512
2000 80.687.311.103 54.77%
2001 91.777.565.664 12.08%
2002 93.803.307.865 2.16%
2003 107.020.721.314 12.35%
2004 101.362.500.516 -5.58%
2005 82.642.635.800 -22.65%
2006 70.239.737.727 -17.66%
2007 56.563.596.522 -24.18%
2008 24.763.843.840 -128.41%
2009 39.542.195.000 37.37%
2010 55.750.967.000 29.07%
2011 67.706.783.000 17.66%
2012 75.937.973.000 10.84%
2013 83.461.653.000 9.01%
2014 88.236.797.000 5.41%
2015 108.549.407.000 18.71%
2016 167.913.558.000 35.35%
2017 180.061.578.000 6.75%
2018 158.068.415.000 -13.91%
2019 162.972.943.000 3.01%
2020 141.743.273.000 -14.98%
2021 183.223.887.000 22.64%
2022 197.601.153.000 7.28%
2023 197.254.767.000 -0.18%

United Microelectronics Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
19.03
Net Income per Share
5.4
Price to Earning Ratio
9.27x
Price To Sales Ratio
2.67x
POCF Ratio
6.15
PFCF Ratio
-73.29
Price to Book Ratio
1.77
EV to Sales
2.38
EV Over EBITDA
4.67
EV to Operating CashFlow
5.56
EV to FreeCashFlow
-65.33
Earnings Yield
0.11
FreeCashFlow Yield
-0.01
Market Cap
627,74 Bil.
Enterprise Value
559,60 Bil.
Graham Number
58.63
Graham NetNet
-0.62

Income Statement Metrics

Net Income per Share
5.4
Income Quality
1.25
ROE
0.2
Return On Assets
0.11
Return On Capital Employed
0.12
Net Income per EBT
0.88
EBT Per Ebit
1.22
Ebit per Revenue
0.25
Effective Tax Rate
0.14

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0.05
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.35
Operating Profit Margin
0.25
Pretax Profit Margin
0.31
Net Profit Margin
0.27

Dividends

Dividend Yield
0.07
Dividend Yield %
7.19
Payout Ratio
0
Dividend Per Share
3.6

Operating Metrics

Operating Cashflow per Share
8.14
Free CashFlow per Share
-0.69
Capex to Operating CashFlow
-1.09
Capex to Revenue
-0.46
Capex to Depreciation
-2.72
Return on Invested Capital
0.13
Return on Tangible Assets
0.12
Days Sales Outstanding
52.62
Days Payables Outstanding
20.88
Days of Inventory on Hand
91.18
Receivables Turnover
6.94
Payables Turnover
17.48
Inventory Turnover
4
Capex per Share
-8.84

Balance Sheet

Cash per Share
11,79
Book Value per Share
28,27
Tangible Book Value per Share
27.97
Shareholders Equity per Share
28.27
Interest Debt per Share
5.98
Debt to Equity
0.21
Debt to Assets
0.13
Net Debt to EBITDA
-0.57
Current Ratio
2.38
Tangible Asset Value
346,03 Bil.
Net Current Asset Value
22,03 Bil.
Invested Capital
0.21
Working Capital
127,21 Bil.
Intangibles to Total Assets
0.01
Average Receivables
33,72 Bil.
Average Payables
8,60 Bil.
Average Inventory
35556649000
Debt to Market Cap
0.12

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

United Microelectronics Corporation Dividends
Year Dividends Growth
2005 0
2006 0 0%
2007 0 0%
2008 1 0%
2010 1 0%
2011 1 100%
2012 0 0%
2013 0 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 2 100%
2022 3 66.67%
2023 4 0%

United Microelectronics Corporation Profile

About United Microelectronics Corporation

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.

CEO
Mr. Jia Cong Hung
Employee
20.000
Address
Hsinchu Science Park
Hsinchu City, 30078

United Microelectronics Corporation Executives & BODs

United Microelectronics Corporation Executives & BODs
# Name Age
1 Mr. Jason S. Wang
Co-President & Representative Director
70
2 Mr. Shan-Chieh Chien
Co-President & Representative Director
70
3 Mr. Ming Hsu
Executive Vice President
70
4 Mr. Oliver Chang
Senior Vice President
70
5 Mr. Chi-Tung Liu
Chief Financial Officer, Senior Vice President, Head of Corporate Governance & Company Secretary
70
6 TS Wu
Vice President & Chief Information Security Officer
70
7 Dr. Lucas S. Chang Ph.D.
Senior Vice President & General Counsel
70
8 Vic Yen
Chief Internal Auditor & Division Director
70
9 Mr. Eric Chen
Vice President & Chief Human Resources Officer
70
10 Mr. Jia Cong Hung
Chairman & Chief Strategy Officer
70

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