Friday 23 October 2026
Export UMC’s income statement to Excel — free account
United Microelectronics Corporation
United Microelectronics Corporation’s revenue for fiscal 2025 (year ended December 2025) was $7.6 billion, up 6.89% from fiscal 2024. In the quarter to June 2026, revenue grew 14.1%, EPS grew 350.0%, free cash flow grew 67.8% and total debt fell 1.96%, each against the same quarter a year earlier.
18.52
1.30
−6.56%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
14.56 | 11.19 | 10.48 | 5.65 | 15.08 | 25.09 | 20.62 | 21.64 | 17.43 | 17.80 |
Piotroski F-Score |
5 | 4 | 3 | 8 | 7 | 7 | 7 | 5 | 7 | 4 |
P/S ratio |
2.54 | 2.23 | 2.77 | 1.76 | 3.66 | 3.17 | 1.25 | 0.86 | 1.22 | 0.94 |
Altman Z-Score |
3.27 | 3.11 | 3.41 | 3.47 | 4.02 | 3.60 | 1.64 | 1.52 | 1.34 | 1.23 |
Altman Z″-Score (non-manufacturers) |
5.06 | 5.19 | 5.12 | 5.98 | 4.85 | 4.24 | 3.41 | 3.71 | 2.61 | 2.53 |
P/FCF ratio |
12.24 | 195.52 | 0.00 | 7.72 | 19.19 | 14.34 | 5.15 | 4.24 | 0.00 | 0.00 |
Beneish M-Score |
(2.91) | (2.76) | (2.66) | (3.01) | (2.88) | (2.99) | (2.92) | (2.87) | (2.94) | (2.96) |
P/Operating CF |
20.22 | 16.20 | 21.86 | 12.35 | 28.77 | 30.86 | 4.85 | 10.68 | 15.72 | 9.42 |
Dividend Safety Score |
35 | — | — | — | — | — | — | — | — | — |
P/B ratio |
1.65 | 1.42 | 1.79 | 1.52 | 2.95 | 2.51 | 0.91 | 0.64 | 0.84 | 0.65 |
Price to Tangible BV |
1.67 | 1.43 | 1.81 | 1.54 | 2.99 | 2.57 | 0.94 | 0.65 | 0.85 | 0.66 |
EV/Sales |
2.22 | 2.01 | 2.38 | 1.27 | 3.19 | 2.84 | 1.01 | 0.84 | 1.25 | 1.10 |
EV/EBITDA |
5.20 | 4.72 | 5.53 | 2.45 | 7.17 | 7.50 | 2.97 | 2.35 | 4.16 | 2.80 |
EV/Operating CF |
5.29 | 4.97 | 6.16 | 2.42 | 7.51 | 7.63 | 2.72 | 2.48 | 3.45 | 3.50 |
EV/FCF |
10.72 | 176.20 | (68.77) | 5.54 | 16.72 | 12.82 | 4.14 | 4.11 | (428.10) | (3.49) |
Quick Ratio |
1.81 | 1.94 | 1.74 | 1.93 | 1.65 | 1.56 | 1.68 | 2.18 | 1.18 | 1.13 |
Current Ratio |
2.29 | 2.45 | 2.13 | 2.24 | 2.16 | 2.07 | 2.11 | 2.82 | 1.57 | 1.52 |
Net Debt/EBITDA |
(0.73) | (0.52) | (0.90) | (0.96) | (1.06) | (0.89) | (0.72) | (0.07) | (0.06) | 0.40 |
Debt/Assets |
9.48% | 11.43% | 10.75% | 7.60% | 9.26% | 9.78% | 16.36% | 22.11% | 20.14% | 21.15% |
Debt/Equity |
0.15 | 0.18 | 0.17 | 0.12 | 0.16 | 0.16 | 0.30 | 0.39 | 0.38 | 0.38 |
Asset Turnover |
0.43 | 0.41 | 0.42 | 0.54 | 0.52 | 0.50 | 0.41 | 0.39 | 0.40 | 0.41 |
Operating CF/Net income |
2.47 | 1.92 | 1.44 | 1.63 | 1.76 | 2.88 | 6.73 | 6.63 | 5.42 | 5.39 |
Capex/Depreciation |
(0.88) | (1.93) | (2.48) | (2.06) | (1.16) | (0.59) | (0.42) | (0.42) | (0.88) | (1.79) |
Interest Coverage |
27.43 | 29.39 | 36.86 | 55.88 | 26.33 | 10.58 | 1.63 | 1.99 | 2.63 | 4.38 |
| 11.28% | 13.30% | 17.94% | 29.07% | 21.14% | 11.05% | 4.05% | 3.65% | 4.76% | 3.94% | |
| 7.32% | 8.52% | 11.16% | 17.47% | 12.61% | 6.44% | 2.26% | 2.00% | 2.61% | 2.41% | |
ROIC |
9.43% | 10.26% | 14.05% | 35.41% | 19.69% | 8.37% | 1.83% | 1.77% | 1.99% | 1.63% |
Return on Tangible Assets |
10.44% | 12.46% | 16.86% | 28.79% | 20.10% | 10.51% | 3.53% | 2.91% | 3.78% | 3.28% |
Average Days of Receivables |
51.93 | 55.12 | 53.18 | 50.84 | 61.77 | 59.82 | 65.23 | 59.37 | 55.67 | 59.23 |
Research and Development Expense of Revenue |
7.46% | 6.72% | 5.97% | 4.65% | 6.07% | 7.29% | 8.00% | 8.61% | 9.16% | 9.15% |
Selling, General and Administrative Expense of Revenue |
3.88% | 4.23% | 4.81% | 4.97% | 5.94% | 6.12% | 6.16% | 5.85% | 5.68% | 7.03% |
Intangible Assets out of Total Assets |
0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Share Based Compensation of Revenue |
0.21% | 0.34% | 0.46% | 0.49% | 0.82% | 0.54% | 0.25% | 0.46% | 0.00% | 0.00% |
Graham Net Nets |
0.01 | (0.01) | 0.02 | 0.10 | 0.06 | 0.04 | (0.05) | (0.13) | (0.25) | (0.42) |
Graham Number |
7.61 | 7.73 | 9.07 | 10.69 | 8.32 | 5.03 | 2.93 | 2.29 | 0.00 | 2.48 |
Earnings Yield |
6.87% | 8.94% | 9.54% | 17.70% | 6.63% | 3.99% | 4.85% | 4.62% | 5.74% | 5.62% |
Free Cash Flow Yield |
8.17% | 0.51% | (1.25%) | 12.95% | 5.21% | 6.97% | 19.41% | 23.57% | (0.24%) | (33.38%) |
Revenue per Share |
3.10 | 2.91 | 2.99 | 3.75 | 3.20 | 2.66 | 2.14 | 2.08 | 2.10 | 1.89 |
Operating CF per Share |
1.30 | 1.18 | 1.16 | 1.96 | 1.36 | 0.99 | 0.79 | 0.70 | 0.74 | 0.59 |
Capex per Share |
(0.66) | (1.14) | (1.26) | (1.11) | (0.75) | (0.40) | (0.27) | (0.28) | (0.64) | (1.19) |
Free Cash Flow per Share |
0.64 | 0.03 | (0.10) | 0.86 | 0.61 | 0.59 | 0.52 | 0.42 | 0.10 | (0.59) |
Cash per Share |
1.67 | 1.44 | 1.95 | 2.40 | 2.13 | 1.43 | 1.39 | 1.16 | 1.16 | 0.74 |
Shareholders Equity per Share |
4.77 | 4.58 | 4.62 | 4.34 | 3.97 | 3.35 | 2.93 | 2.81 | 2.95 | 2.74 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
4.77 | 4.58 | 4.62 | 4.34 | 3.97 | 3.35 | 2.93 | 2.81 | 2.95 | 2.74 |
Free Cash Flow |
1,570.27 | 80.82 | (251.37) | 2,071.14 | 1,463.90 | 1,393.45 | 1,203.18 | 1,003.18 | 238.66 | (1,437.86) |
Working Capital |
3,674.09 | 3,424.17 | 3,752.46 | 4,548.07 | 4,507.00 | 3,020.83 | 2,704.05 | 2,978.65 | 1,702.52 | 1,162.96 |
Capital Expenditures |
(1,613.16) | (2,782.01) | (3,059.99) | (2,675.38) | (1,793.20) | (947.91) | (632.46) | (660.82) | (1,531.73) | (2,871.52) |
Net Current Asset Value |
109.04 | (145.91) | 455.18 | 1,644.53 | 1,683.24 | 747.56 | (318.10) | (555.58) | (1,424.87) | (1,815.15) |
EV/EBIT |
12.02 | 9.05 | 9.14 | 3.38 | 13.14 | 22.87 | 30.53 | 22.24 | 27.32 | 26.24 |
Capex to Sales |
0.21 | 0.39 | 0.42 | 0.30 | 0.23 | 0.15 | 0.13 | 0.13 | 0.30 | 0.63 |
Price to Operating Income |
13.72 | 10.04 | 10.63 | 4.71 | 15.08 | 25.58 | 37.97 | 22.94 | 26.69 | 22.53 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.21 | 0.17 | 0.16 | 0.23 | 0.33 | 0.34 | 0.30 | 0.28 | 0.25 | 0.23 |
Cash ROIC |
8.99% | 0.49% | (1.41%) | 11.76% | 9.06% | 11.05% | 10.02% | 8.33% | 1.91% | (13.14%) |
Accounts Receivable Turnover |
7.05 | 6.66 | 6.26 | 7.08 | 6.59 | 6.57 | 5.87 | 6.29 | 6.68 | 6.77 |
Accounts Payable Turnover |
20.48 | 19.96 | 17.58 | 16.76 | 17.48 | 17.02 | 16.35 | 18.95 | 19.09 | 18.45 |
Inventory Turnover |
4.72 | 4.23 | 4.34 | 5.41 | 6.22 | 6.42 | 6.42 | 6.93 | 7.23 | 6.83 |
Average Days of Payables |
19.85 | 17.79 | 18.97 | 21.44 | 21.66 | 20.82 | 25.54 | 19.33 | 19.52 | 21.30 |
Days of Inventory on Hand |
80.57 | 83.38 | 90.03 | 74.15 | 59.58 | 59.73 | 62.46 | 51.74 | 54.52 | 52.81 |
Average Receivables |
1,073.60 | 1,064.34 | 1,161.13 | 1,281.47 | 1,165.81 | 958.78 | 844.65 | 785.98 | 754.37 | 674.20 |
Average Payables |
262.55 | 239.29 | 269.05 | 296.91 | 290.76 | 288.39 | 259.50 | 221.35 | 216.03 | 196.58 |
Average Inventory |
1,139.01 | 1,128.79 | 1,088.69 | 920.30 | 816.34 | 764.58 | 660.34 | 605.33 | 570.30 | 531.32 |
Average Assets |
17,583.45 | 17,466.93 | 17,461.54 | 16,664.63 | 14,653.43 | 12,647.91 | 12,045.59 | 12,520.90 | 12,527.47 | 11,043.09 |
Average Common Equity |
11,408.70 | 11,189.13 | 10,865.00 | 10,017.61 | 8,738.51 | 7,365.36 | 6,730.81 | 6,874.85 | 6,853.19 | 6,745.75 |
Columns are period end dates