United Microelectronics (UMC) - Net Assets
Based on the latest financial reports, United Microelectronics (UMC) has net assets worth $406.74 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($599.93 Billion) and total liabilities ($193.20 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check UMC goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $406.74 Billion |
| % of Total Assets | 67.8% |
| Annual Growth Rate | 4.72% |
| 5-Year Change | 43.68% |
| 10-Year Change | 76.72% |
| Growth Volatility | 19.08 |
United Microelectronics - Net Assets Trend (1999–2025)
This chart illustrates how United Microelectronics's net assets have evolved over time, based on quarterly financial data. See UMC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for United Microelectronics (1999–2025)
The table below shows the annual net assets of United Microelectronics from 1999 to 2025. For live valuation and market cap data, see market value of United Microelectronics.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $379.86 Billion | +3.87% |
| 2024-12-31 | $365.71 Billion | +6.40% |
| 2023-12-31 | $343.72 Billion | +6.48% |
| 2022-12-31 | $322.81 Billion | +22.10% |
| 2021-12-31 | $264.38 Billion | +12.13% |
| 2020-12-31 | $235.77 Billion | +13.78% |
| 2019-12-31 | $207.21 Billion | +0.33% |
| 2018-12-31 | $206.54 Billion | -1.47% |
| 2017-12-31 | $209.62 Billion | -2.48% |
| 2016-12-31 | $214.95 Billion | -4.41% |
| 2015-12-31 | $224.85 Billion | +2.05% |
| 2014-12-31 | $220.34 Billion | +5.10% |
| 2013-12-31 | $209.64 Billion | +2.25% |
| 2012-12-31 | $205.02 Billion | -3.35% |
| 2011-12-31 | $212.12 Billion | -5.78% |
| 2010-12-31 | $225.14 Billion | +5.16% |
| 2009-12-31 | $214.10 Billion | +11.60% |
| 2008-12-31 | $191.84 Billion | -21.06% |
| 2007-12-31 | $243.01 Billion | -18.28% |
| 2006-12-31 | $297.36 Billion | +12.08% |
| 2005-12-31 | $265.31 Billion | -3.71% |
| 2004-12-31 | $275.54 Billion | +11.60% |
| 2003-12-31 | $246.89 Billion | +5.51% |
| 2002-12-31 | $234.00 Billion | +2.22% |
| 2001-12-31 | $228.92 Billion | +5.22% |
| 2000-12-31 | $217.56 Billion | +89.95% |
| 1999-12-31 | $114.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to United Microelectronics's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1097.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $191.42 Billion | 50.40% |
| Common Stock | $125.88 Billion | 33.15% |
| Other Comprehensive Income | $47.06 Billion | 12.39% |
| Other Components | $15.41 Billion | 4.06% |
| Total Equity | $379.77 Billion | 100.00% |
United Microelectronics Competitors by Market Cap
The table below lists competitors of United Microelectronics ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SOFTBANK CORP. ADR
F:3AG0
|
$52.06 Billion |
|
DSV ADR 2 DK 1
F:DS8
|
$52.08 Billion |
|
Bank of Communications Co
SHG:601328
|
$52.15 Billion |
|
CoreWeave, Inc. Class A Common Stock
NASDAQ:CRWV
|
$52.25 Billion |
|
Credit Agricole SA
PA:ACA
|
$51.88 Billion |
|
Sea Ltd
NYSE:SE
|
$51.75 Billion |
|
Diamondback Energy Inc
NASDAQ:FANG
|
$51.62 Billion |
|
Investor AB ser. A
ST:INVE-A
|
$51.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in United Microelectronics's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 365,450,098,000 to 379,768,265,000, a change of 14,318,167,000 (3.9%).
- Net income of 41,716,000,000 contributed positively to equity growth.
- Dividend payments of 35,979,964,000 reduced retained earnings.
- Other comprehensive income increased equity by 724,167,000.
- Other factors increased equity by 7,857,964,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $41.72 Billion | +10.98% |
| Dividends Paid | $35.98 Billion | -9.47% |
| Other Comprehensive Income | $724.17 Million | +0.19% |
| Other Changes | $7.86 Billion | +2.07% |
| Total Change | $- | 3.92% |
Book Value vs Market Value Analysis
This analysis compares United Microelectronics's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.16x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.59x to 0.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $41.01 | $24.08 | x |
| 2000-12-31 | $80.33 | $24.08 | x |
| 2001-12-31 | $79.22 | $24.08 | x |
| 2002-12-31 | $79.96 | $24.08 | x |
| 2003-12-31 | $84.44 | $24.08 | x |
| 2004-12-31 | $96.16 | $24.08 | x |
| 2005-12-31 | $95.06 | $24.08 | x |
| 2006-12-31 | $106.96 | $24.08 | x |
| 2007-12-31 | $70.40 | $24.08 | x |
| 2008-12-31 | $70.18 | $24.08 | x |
| 2009-12-31 | $83.53 | $24.08 | x |
| 2010-12-31 | $85.90 | $24.08 | x |
| 2011-12-31 | $78.44 | $24.08 | x |
| 2012-12-31 | $74.92 | $24.08 | x |
| 2013-12-31 | $78.07 | $24.08 | x |
| 2014-12-31 | $85.11 | $24.08 | x |
| 2015-12-31 | $84.59 | $24.08 | x |
| 2016-12-31 | $79.69 | $24.08 | x |
| 2017-12-31 | $78.61 | $24.08 | x |
| 2018-12-31 | $77.64 | $24.08 | x |
| 2019-12-31 | $76.88 | $24.08 | x |
| 2020-12-31 | $94.47 | $24.08 | x |
| 2021-12-31 | $106.02 | $24.08 | x |
| 2022-12-31 | $126.96 | $24.08 | x |
| 2023-12-31 | $136.10 | $24.08 | x |
| 2024-12-31 | $144.69 | $24.08 | x |
| 2025-12-31 | $152.09 | $24.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently United Microelectronics utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.98%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.56%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.52x
- Recent ROE (10.98%) is above the historical average (8.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 10.23% | 31.12% | 0.23x | 1.45x | $240.15 Million |
| 2000 | 24.37% | 43.92% | 0.39x | 1.43x | $29.94 Billion |
| 2001 | -1.48% | -4.52% | 0.22x | 1.50x | $-24.49 Billion |
| 2002 | 3.25% | 9.38% | 0.23x | 1.50x | $-14.71 Billion |
| 2003 | 6.04% | 14.65% | 0.27x | 1.53x | $-9.19 Billion |
| 2004 | 11.95% | 24.65% | 0.34x | 1.41x | $5.21 Billion |
| 2005 | 2.72% | 7.00% | 0.29x | 1.34x | $-18.85 Billion |
| 2006 | 11.20% | 29.12% | 0.30x | 1.26x | $3.50 Billion |
| 2007 | 7.17% | 14.97% | 0.38x | 1.27x | $-6.69 Billion |
| 2008 | -12.09% | -23.05% | 0.45x | 1.17x | $-40.83 Billion |
| 2009 | 1.81% | 4.24% | 0.36x | 1.19x | $-17.49 Billion |
| 2010 | 10.90% | 18.90% | 0.45x | 1.28x | $1.97 Billion |
| 2011 | 5.11% | 9.09% | 0.42x | 1.35x | $-10.16 Billion |
| 2012 | 3.06% | 5.27% | 0.41x | 1.41x | $-13.82 Billion |
| 2013 | 6.15% | 10.20% | 0.42x | 1.43x | $-7.90 Billion |
| 2014 | 5.13% | 7.93% | 0.45x | 1.43x | $-10.54 Billion |
| 2015 | 5.95% | 9.15% | 0.43x | 1.51x | $-9.03 Billion |
| 2016 | 4.05% | 5.83% | 0.38x | 1.81x | $-12.66 Billion |
| 2017 | 4.61% | 6.45% | 0.38x | 1.87x | $-11.24 Billion |
| 2018 | 3.73% | 5.08% | 0.41x | 1.77x | $-12.93 Billion |
| 2019 | 4.03% | 5.50% | 0.40x | 1.83x | $-12.10 Billion |
| 2020 | 9.70% | 12.93% | 0.47x | 1.60x | $-705.23 Million |
| 2021 | 19.40% | 24.06% | 0.47x | 1.71x | $24.83 Billion |
| 2022 | 27.75% | 32.11% | 0.53x | 1.63x | $57.23 Billion |
| 2023 | 17.38% | 26.82% | 0.41x | 1.59x | $25.35 Billion |
| 2024 | 12.92% | 20.32% | 0.41x | 1.53x | $10.67 Billion |
| 2025 | 10.98% | 17.56% | 0.41x | 1.52x | $3.74 Billion |
Industry Comparison
This section compares United Microelectronics's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $23,419,495,056
- Average return on equity (ROE) among peers: 0.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| United Microelectronics (UMC) | $406.74 Billion | 10.23% | 0.47x | $51.89 Billion |
| Analog Devices Inc (ADI) | $35.18 Billion | 4.65% | 0.37x | $203.35 Billion |
| Arteris Inc (AIP) | $-6.30 Million | 0.00% | 0.00x | $1.57 Billion |
| Astera Labs, Inc. (ALAB) | $-85.29 Million | 0.00% | 0.00x | $58.57 Billion |
| Allegro Microsystems Inc (ALGM) | $956.45 Million | -1.56% | 0.48x | $8.93 Billion |
| Aeluma, Inc (ALMU) | $8.19 Million | -0.16% | 0.11x | $436.61 Million |
| Ambiq Micro, Inc. (AMBQ) | $92.30 Million | -27.32% | 0.08x | $524.36 Million |
| Advanced Micro Devices Inc (AMD) | $63.00 Billion | 6.88% | 0.22x | $742.23 Billion |
| Alpha and Omega Semiconductor Ltd (AOSL) | $443.29 Million | -3.30% | 0.67x | $1.13 Billion |
| Arm Holdings plc American Depositary Shares (ARM) | $6.84 Billion | 11.58% | 0.31x | $221.23 Billion |
| ASE Industrial Holding Co Ltd ADR (ASX) | $127.77 Billion | 12.09% | 1.24x | $51.18 Billion |
About United Microelectronics
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. It manufactures and sells integrated circuits. The company offers circuit design; mask tooling; wafer fabrication; and assembly and testing services for communication devices, consumer electronics, computer, and other applications… Read more