United Microelectronics Corporation (TPE:2303)

United Microelectronics Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	235,529	232,303	222,533	278,705	213,011	176,821
Revenue Growth (YoY)	5.64%	4.39%	-20.16%	30.84%	20.47%	19.31%
Cost of Revenue	161,328	156,649	144,789	152,941	140,961	137,824
Gross Profit	74,201	75,654	77,744	125,764	72,050	38,997
Selling, General & Admin	9,595	9,819	10,702	13,856	12,661	10,816
Research & Development	16,172	15,616	13,284	12,954	12,935	12,896
Other Operating Expenses	-1,214	-1,252	-3,734	-4,857	-5,083	-5,117
Operating Expenses	24,527	24,114	20,121	21,955	20,507	18,203
Operating Income	49,675	51,540	57,622	103,809	51,543	20,794
Interest Expense	-1,670	-1,679	-1,474	-1,785	-1,868	-2,004
Interest & Investment Income	3,204	3,670	4,853	2,022	575.72	737.91
Earnings From Equity Investments	102.08	410.61	6,913	1,626	5,193	1,300
Currency Exchange Gain (Loss)	747.09	1,329	478.78	2,523	484.73	-100.14
Other Non Operating Income (Expenses)	1,184	1,196	1,777	2,145	-451.79	768.98
EBT Excluding Unusual Items	53,243	56,467	70,171	110,340	55,477	21,497
Gain (Loss) on Sale of Investments	-456.71	-320.14	-20.93	-1,197	2,876	-91.07
Gain (Loss) on Sale of Assets	59.2	72.4	268.29	482.98	143.74	1,137
Other Unusual Items	-	-	494	-	-	-
Pretax Income	52,845	56,220	70,912	109,626	58,496	22,543
Income Tax Expense	8,426	9,113	9,472	19,327	7,918	1,691
Earnings From Continuing Operations	44,420	47,106	61,440	90,299	50,578	20,852
Minority Interest in Earnings	111.63	104.67	-450.18	-819.96	668.25	2,009
Net Income	44,532	47,211	60,990	89,479	51,246	22,861
Net Income to Common	44,532	47,211	60,990	89,479	51,246	22,861
Net Income Growth	-19.42%	-22.59%	-31.84%	74.61%	124.17%	180.32%
Shares Outstanding (Basic)	12,454	12,437	12,371	12,095	12,005	11,850
Shares Outstanding (Diluted)	12,629	12,629	12,615	12,490	12,245	12,250
Shares Change (YoY)	0.15%	0.11%	1.00%	2.00%	-0.04%	-5.41%
EPS (Basic)	3.58	3.80	4.93	7.40	4.27	1.93
EPS (Diluted)	3.53	3.74	4.83	7.16	4.19	1.87
EPS Growth	-19.41%	-22.57%	-32.54%	70.88%	123.85%	187.07%
Free Cash Flow	22,679	5,328	-5,474	65,733	42,317	39,400
Free Cash Flow Per Share	1.80	0.42	-0.43	5.26	3.46	3.22
Dividend Per Share	2.850	2.850	3.000	3.600	3.000	1.600
Dividend Growth	-5.00%	-5.00%	-16.67%	20.02%	87.51%	99.00%
Gross Margin	31.50%	32.57%	34.94%	45.12%	33.82%	22.05%
Operating Margin	21.09%	22.19%	25.89%	37.25%	24.20%	11.76%
Profit Margin	18.91%	20.32%	27.41%	32.10%	24.06%	12.93%
Free Cash Flow Margin	9.63%	2.29%	-2.46%	23.59%	19.87%	22.28%
EBITDA	98,709	97,353	95,673	145,620	98,617	69,702
EBITDA Margin	41.91%	41.91%	42.99%	52.25%	46.30%	39.42%
D&A For EBITDA	49,034	45,813	38,051	41,811	47,075	48,908
EBIT	49,675	51,540	57,622	103,809	51,543	20,794
EBIT Margin	21.09%	22.19%	25.89%	37.25%	24.20%	11.76%
Effective Tax Rate	15.94%	16.21%	13.36%	17.63%	13.54%	7.50%

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.