United Microelectronics (United Microelectronics) Total Assets : $17,893 Mil (As of Dec. 2023)

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What is United Microelectronics Total Assets?

United Microelectronics's Total Assets for the quarter that ended in Dec. 2023 was $17,893 Mil.

During the past 12 months, United Microelectronics's average Total Assets Growth Rate was 19.70% per year. During the past 3 years, the average Total Assets Growth Rate was 17.30% per year. During the past 5 years, the average Total Assets Growth Rate was 8.50% per year. During the past 10 years, the average Total Assets Growth Rate was 2.90% per year.

During the past 13 years, United Microelectronics's highest 3-Year average Total Assets Growth Rate was 25.60%. The lowest was -12.10%. And the median was 3.35%.

Total Assets is connected with ROA %. United Microelectronics's annualized ROA % for the quarter that ended in Dec. 2023 was 9.66%. Total Assets is also linked to Revenue through Asset Turnover. United Microelectronics's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.

United Microelectronics Total Assets Historical Data

The historical data trend for United Microelectronics's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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United Microelectronics Total Assets Chart

United Microelectronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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12,104.22

12,993.49

16,251.76

17,115.97

17,893.12

United Microelectronics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															17,115.97	17,999.92	17,937.31	17,079.00	17,893.12

United Microelectronics Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

United Microelectronics's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	11505.962	+	6387.161
	=	17,893

United Microelectronics's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	11505.962	+	6387.161
	=	17,893

United Microelectronics (NYSE:UMC) Total Assets Explanation

Total Assets is connected with ROA %.

United Microelectronics's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	1688.852	/	( (17079.001	+	17893.123)	/ 2 )
	=	1688.852	/	17486.062
	=	9.66 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

United Microelectronics's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1758.58	/	( (17079.001	+	17893.123)	/ 2 )
=	1758.58	/	17486.062
=	0.10

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

United Microelectronics Total Assets Related Terms

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United Microelectronics (United Microelectronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » United Microelectronics Corp (NYSE:UMC) » Definitions » Total Assets

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2303:Taiwan UMC:Mexico UMCB:Germany

Address

No. 3, Li-Hsin 2nd Road, Hsinchu Science Park, Hsinchu, TWN

Website

https://www.umc.com

Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2022 after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.