United Income Statement Research

UMC Stock  USD 7.53  0.06  0.79%   
Most accounts from United Microelectronics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into United Microelectronics current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out United Microelectronics Valuation and United Microelectronics Correlation analysis.
For information on how to trade United Stock refer to our How to Trade United Stock guide.
  
At present, United Microelectronics' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 78.5 B, whereas Interest Expense is forecasted to decline to about 1.3 B.
Most accounts from United Microelectronics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into United Microelectronics current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out United Microelectronics Valuation and United Microelectronics Correlation analysis.
For information on how to trade United Stock refer to our How to Trade United Stock guide.At present, United Microelectronics' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 78.5 B, whereas Interest Expense is forecasted to decline to about 1.3 B.
 2021 2022 2023 2024 (projected)
Gross Profit72.0B125.8B74.8B78.5B
Total Revenue213.0B278.7B222.5B144.7B

United Microelectronics income statement Correlations

0.730.40.610.270.860.180.30.890.60.850.790.12-0.640.130.05-0.170.850.10.060.16-0.14-0.18
0.730.40.520.240.650.220.270.560.490.690.330.14-0.490.160.08-0.480.560.160.110.06-0.24-0.29
0.40.40.730.850.630.830.850.410.710.640.460.830.080.870.78-0.590.590.890.880.170.75-0.96
0.610.520.730.850.910.80.870.70.990.910.720.76-0.320.750.72-0.420.790.710.670.110.3-0.59
0.270.240.850.850.60.991.00.350.870.610.470.980.050.980.96-0.530.50.940.930.080.61-0.8
0.860.650.630.910.60.520.630.90.871.00.850.47-0.550.480.43-0.270.920.450.410.120.13-0.44
0.180.220.830.80.990.520.990.240.830.540.350.990.120.990.97-0.570.40.960.940.090.6-0.81
0.30.270.850.871.00.630.990.380.890.640.480.970.010.970.95-0.510.510.940.920.090.59-0.8
0.890.560.410.70.350.90.240.380.660.880.930.2-0.60.20.18-0.010.90.170.170.040.01-0.19
0.60.490.710.990.870.870.830.890.660.880.70.79-0.30.770.75-0.430.740.720.680.120.27-0.57
0.850.690.640.910.611.00.540.640.880.880.810.48-0.530.490.43-0.30.90.460.420.140.12-0.46
0.790.330.460.720.470.850.350.480.930.70.810.31-0.540.320.330.050.890.270.3-0.070.17-0.23
0.120.140.830.760.980.470.990.970.20.790.480.310.241.00.97-0.540.360.980.950.160.67-0.83
-0.64-0.490.08-0.320.05-0.550.120.01-0.6-0.3-0.53-0.540.240.230.17-0.11-0.490.30.240.430.46-0.25
0.130.160.870.750.980.480.990.970.20.770.490.321.00.230.97-0.560.380.990.970.150.71-0.87
0.050.080.780.720.960.430.970.950.180.750.430.330.970.170.97-0.440.30.940.96-0.030.68-0.77
-0.17-0.48-0.59-0.42-0.53-0.27-0.57-0.51-0.01-0.43-0.30.05-0.54-0.11-0.56-0.44-0.25-0.53-0.53-0.11-0.310.62
0.850.560.590.790.50.920.40.510.90.740.90.890.36-0.490.380.3-0.250.350.330.150.17-0.38
0.10.160.890.710.940.450.960.940.170.720.460.270.980.30.990.94-0.530.350.970.20.75-0.9
0.060.110.880.670.930.410.940.920.170.680.420.30.950.240.970.96-0.530.330.970.010.82-0.9
0.160.060.170.110.080.120.090.090.040.120.14-0.070.160.430.15-0.03-0.110.150.20.010.06-0.19
-0.14-0.240.750.30.610.130.60.590.010.270.120.170.670.460.710.68-0.310.170.750.820.06-0.81
-0.18-0.29-0.96-0.59-0.8-0.44-0.81-0.8-0.19-0.57-0.46-0.23-0.83-0.25-0.87-0.770.62-0.38-0.9-0.9-0.19-0.81
Click cells to compare fundamentals

United Microelectronics Account Relationship Matchups

United Microelectronics income statement Accounts

201920202021202220232024 (projected)
Interest Expense2.9B2.0B1.9B1.8B1.6B1.3B
Total Revenue148.2B176.8B213.0B278.7B222.5B144.7B
Gross Profit21.3B39.0B72.0B125.8B74.8B78.5B
Operating Income7.5B22.0B51.7B104.3B53.9B56.6B
Ebit7.5B22.0B51.7B104.3B53.9B56.6B
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 Income6.1B22.9B51.2B89.5B61.0B64.0B
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 Investors Sentiment

The influence of United Microelectronics' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in United. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to United Microelectronics' public news can be used to forecast risks associated with an investment in United. The trend in average sentiment can be used to explain how an investor holding United can time the market purely based on public headlines and social activities around United Microelectronics. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
United Microelectronics' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for United Microelectronics' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average United Microelectronics' news discussions. The higher the estimated score, the more favorable is the investor's outlook on United Microelectronics.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards United Microelectronics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, United Microelectronics' short interest history, or implied volatility extrapolated from United Microelectronics options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether United Microelectronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Microelectronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Microelectronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Microelectronics Stock:
Check out United Microelectronics Valuation and United Microelectronics Correlation analysis.
For information on how to trade United Stock refer to our How to Trade United Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for United Stock analysis

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.
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Global Correlations
Find global opportunities by holding instruments from different markets
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Transaction History
View history of all your transactions and understand their impact on performance
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is United Microelectronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Microelectronics. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Microelectronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.31)
Dividend Share
3
Earnings Share
0.74
Revenue Per Share
89.94
Quarterly Revenue Growth
(0.19)
The market value of United Microelectronics is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Microelectronics' value that differs from its market value or its book value, called intrinsic value, which is United Microelectronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Microelectronics' market value can be influenced by many factors that don't directly affect United Microelectronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Microelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Microelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Microelectronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.