United Microelectronics Corporation (UMC)

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	Dec 31, 2024	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	232,303	232,303	222,533	278,705	213,011	176,821
Revenue Growth (YoY)	4.39%	4.39%	-20.15%	30.84%	20.47%	19.31%
Cost of Revenue	156,649	156,649	144,789	152,941	140,961	137,824
Gross Profit	75,654	75,654	77,744	125,764	72,050	38,997
Selling, General & Admin	9,819	9,819	10,702	13,856	12,661	10,816
Research & Development	15,616	15,616	13,284	12,954	12,935	12,896
Other Operating Expenses	-1,324	-1,324	-3,734	-4,857	-5,083	-5,117
Operating Expenses	24,041	24,041	20,121	21,955	20,507	18,203
Operating Income	51,613	51,613	57,622	103,809	51,543	20,794
Interest Expense	-	-	-1,474	-1,785	-1,868	-2,004
Interest & Investment Income	-	-	4,853	2,022	575.72	737.91
Earnings From Equity Investments	-	-	4,308	1,626	5,193	1,300
Currency Exchange Gain (Loss)	-	-	478.78	2,523	484.73	-100.14
Other Non Operating Income (Expenses)	4,607	4,607	1,777	2,145	-451.79	768.98
EBT Excluding Unusual Items	56,220	56,220	67,565	110,340	55,477	21,497
Gain (Loss) on Sale of Investments	-	-	122.84	-1,197	2,876	-91.07
Gain (Loss) on Sale of Assets	-	-	268.29	482.98	143.74	1,137
Other Unusual Items	-	-	494	-	-	-
Pretax Income	56,220	56,220	68,450	109,626	58,496	22,543
Income Tax Expense	9,114	9,114	8,311	19,327	7,918	1,691
Earnings From Continuing Operations	47,106	47,106	60,139	90,299	50,578	20,852
Minority Interest in Earnings	105	105	-450.18	-819.96	668.25	2,009
Net Income	47,211	47,211	59,689	89,479	51,246	22,861
Net Income to Common	47,211	47,211	59,689	89,479	51,246	22,861
Net Income Growth	-20.90%	-20.90%	-33.29%	74.60%	124.17%	180.32%
Shares Outstanding (Basic)	12,437	12,437	12,138	12,095	12,005	11,850
Shares Outstanding (Diluted)	12,437	12,437	12,382	12,490	12,245	12,250
Shares Change (YoY)	0.44%	0.44%	-0.86%	2.00%	-0.04%	-5.41%
EPS (Basic)	3.80	3.80	4.92	7.40	4.27	1.93
EPS (Diluted)	3.80	3.80	4.82	7.16	4.19	1.87
EPS Growth	-21.24%	-21.24%	-32.68%	70.88%	123.85%	187.07%
Free Cash Flow	5,328	5,328	-5,474	65,733	42,317	39,400
Free Cash Flow Per Share	0.43	0.43	-0.44	5.26	3.46	3.22
Dividend Per Share	-	-	3.000	3.600	3.000	1.600
Dividend Growth	-	-	-16.67%	20.02%	87.51%	99.00%
Gross Margin	32.57%	32.57%	34.94%	45.12%	33.82%	22.05%
Operating Margin	22.22%	22.22%	25.89%	37.25%	24.20%	11.76%
Profit Margin	20.32%	20.32%	26.82%	32.11%	24.06%	12.93%
Free Cash Flow Margin	2.29%	2.29%	-2.46%	23.59%	19.87%	22.28%
EBITDA	99,781	99,781	95,673	145,620	98,617	69,702
EBITDA Margin	42.95%	42.95%	42.99%	52.25%	46.30%	39.42%
D&A For EBITDA	48,168	48,168	38,051	41,811	47,075	48,908
EBIT	51,613	51,613	57,622	103,809	51,543	20,794
EBIT Margin	22.22%	22.22%	25.89%	37.25%	24.20%	11.76%
Effective Tax Rate	16.21%	16.21%	12.14%	17.63%	13.54%	7.50%

Source: S&P Capital IQ. Standard template. Financial Sources.