IMOS vs UMC
Chipmos Technologies Inc. and United Microelectronics Corp., side by side — 10 fiscal years reported in TWD, drawn from SEC filings.
Most recent reported year
| Metric | IMOS | UMC |
|---|---|---|
| Revenue | TWD 22.7B | TWD 232.3B |
| Net income | TWD 1.4B | TWD 48.8B |
| Gross margin | 13.0% | 32.6% |
| Net margin | 6.3% | 21.0% |
| Return on equity | 5.8% | 13.8% |
| Diluted EPS | · | TWD 3.94 |
| Dividend / share | · | · |
| Payout ratio | 90.9% | 77.1% |
| Free cash flow | TWD 859.4M | TWD 5.3B |
| Equity | · | TWD 365.5B |
| Net debt / equity | −0.06× | · |
| Current ratio | 2.71× | 2.45× |
| Revenue CAGR 5y | 2.2% | 9.4% |
| Profit CAGR 5y | −10.5% | 43.0% |
UMC bills 10.2× the revenue of IMOS, and keeps more of each dollar of revenue as profit (21.0% against 6.3%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | IMOS | UMC |
|---|---|---|
| FY2024 | TWD 22.7B | TWD 232.3B |
| FY2023 | TWD 21.4B | TWD 222.5B |
| FY2022 | TWD 23.5B | TWD 278.7B |
| FY2021 | TWD 27.4B | TWD 213.0B |
| FY2020 | TWD 23.0B | TWD 176.8B |
| FY2019 | TWD 20.3B | TWD 148.2B |
| FY2018 | TWD 18.5B | TWD 151.3B |
| FY2017 | TWD 17.9B | TWD 149.3B |
| FY2016 | TWD 18.4B | TWD 147.9B |
| FY2015 | TWD 18.8B | TWD 144.8B |
Bottom line
| Fiscal year | IMOS | UMC |
|---|---|---|
| FY2024 | TWD 1.4B | TWD 48.8B |
| FY2023 | TWD 2.0B | TWD 59.7B |
| FY2022 | TWD 3.4B | TWD 89.5B |
| FY2021 | TWD 4.9B | TWD 51.2B |
| FY2020 | TWD 2.4B | TWD 22.9B |
| FY2019 | TWD 2.5B | TWD 8.2B |
| FY2018 | TWD 1.3B | TWD 7.7B |
| FY2017 | TWD 2.8B | TWD 9.7B |
| FY2016 | TWD 1.4B | TWD 8.6B |
| FY2015 | TWD 1.8B | TWD 13.3B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | −TWD 209,606,675,000 | UMC |
| FY2023 | −TWD 201,176,772,000 | UMC |
| FY2022 | −TWD 255,188,200,000 | UMC |
| FY2021 | −TWD 185,610,983,000 | UMC |
| FY2020 | −TWD 153,809,533,000 | UMC |
| FY2019 | −TWD 127,863,760,000 | UMC |
| FY2018 | −TWD 132,772,544,000 | UMC |
| FY2017 | −TWD 131,343,851,000 | UMC |
| FY2016 | −TWD 129,482,531,000 | UMC |
| FY2015 | −TWD 125,993,332,000 | UMC |
UMC has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | −14.6 pp | UMC |
| FY2023 | −17.8 pp | UMC |
| FY2022 | −17.8 pp | UMC |
| FY2021 | −5.7 pp | UMC |
| FY2020 | −1.5 pp | UMC |
| FY2019 | +9.2 pp | IMOS |
| FY2018 | +5.0 pp | IMOS |
| FY2017 | +11.1 pp | IMOS |
| FY2016 | +4.8 pp | IMOS |
| FY2015 | +1.2 pp | IMOS |
The higher net margin has changed hands between IMOS and UMC over this period.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
UMC's net margin has been more volatile than IMOS's over the 10 comparable fiscal years — 10.8 percentage points of standard deviation against 3.7.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between IMOS and UMC over these 10 fiscal years — IMOS led in 5 and UMC in 5.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
UMC's return on equity has been more volatile than IMOS's over the 10 comparable fiscal years — 8.7 percentage points of standard deviation against 4.8.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between IMOS and UMC over these 10 fiscal years — IMOS led in 7 and UMC in 3.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.