Financial Position - As of September 30, 2024, total assets of United Microelectronics Corporation amounted to NT547,270,956 thousand as of September 30, 2023, representing a growth of approximately 4.2%[12] - Current assets decreased to NT219,280,222 thousand as of September 30, 2023, reflecting a decline of about 11.7%[12] - Total non-current assets increased to NT327,990,734 thousand as of September 30, 2023, showing an increase of approximately 16.0%[12] - Total liabilities as of September 30, 2024, amounted to 197.3 billion on September 30, 2023, representing a growth of approximately 4.8%[16] - Current liabilities totaled 92.1 billion a year earlier, indicating a decrease of about 4.1%[16] - Non-current liabilities reached 105.2 billion in the previous year, reflecting an increase of approximately 11.7%[16] - The equity attributable to the parent company was 349.7 billion a year prior, showing a growth of about 5.3%[16] - Total equity increased to 350.0 billion, marking a rise of about 5.4% year-over-year[16] Revenue and Income - Operating revenues for Q3 2023 were 40,056,240 in Q3 2022, representing a growth of approximately 42.5%[19] - Net income for Q3 2023 reached 11,965,792 in Q3 2022, indicating a growth of approximately 33.3%[19] - For the nine-month period ended September 30, 2023, net income was 58,020,170[22] - The company anticipates continued growth in revenues and net income for the upcoming quarters, driven by new product launches and market expansion strategies[19] Expenses and Costs - Total operating expenses for Q3 2023 were 28,000,000 in Q3 2022, reflecting an increase of approximately 30.9%[19] - Research and development expenses for Q3 2023 totaled 2,401,919 in Q3 2022, which is an increase of approximately 35.6%[19] - The company recognized total other comprehensive loss of (1,789,949) in the same period of 2023[198] - The company reported total net other operating income of 2,750,179 in the same period of 2023[195] Cash Flow - Cash generated from operations for the nine-month period was NT69,403,913 in 2023, reflecting a decrease of 3.2%[24] - Net cash provided by operating activities increased to NT59,782,937 in the previous year, showing a growth of 1.9%[24] - Total cash and cash equivalents at the end of the period were NT140,641,550 in 2023, representing a decrease of 26.5%[26] Investments - Investments accounted for under the equity method increased to NT43,163,604 thousand as of September 30, 2023, marking an increase of approximately 6.2%[12] - The fair value of investments with published price quotations was NT50,364 million in 2023, indicating a decline of 11.2%[82] - Cash dividends from investments accounted for under the equity method for the nine-month period ended September 30, 2024, were NT1,870 million in 2023, a decrease of approximately 48.0%[81] Shareholder Equity - The company reported retained earnings of 170.3 billion on September 30, 2023, representing a growth of approximately 6.6%[16] - Cash dividends for the nine-month period ended September 30, 2024, amounted to 38,714,347[22] - Cash dividends for 2023 were set at NT3.60 per share in 2022, with total cash dividends amounting to NT45,017,096 in 2022[158][159] Debt and Liabilities - Total long-term loans as of September 30, 2024, amounted to 20,656,248 as of December 31, 2023, representing a growth of 62.5%[129] - The total bonds payable as of September 30, 2024, was 38,359,352 as of December 31, 2023[113] - Unsecured bank loans as of September 30, 2024, were 13,530,000 as of December 31, 2023[111] Employee Compensation - Total employee benefit expenses reached 29,120,388 in the same period of 2023[189] - Employee compensation distributed in cash for 2023 was 9,160,485 in 2022[192] Other Comprehensive Income - The company reported a share of other comprehensive income (loss) from associates and joint ventures of NT(65) million, compared to NT$226 million in 2023[83]
UMC(UMC) - 2024 Q3 - Quarterly Report