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United Renewable Energy Co Ltd

United Renewable Energy Co Ltd

3576 · TW · Technology / Solar

17.10TWD-0.20 (-1.16%)

Price History

Full chart

Market Stats

Previous Close17.30
Open17.40
Day Range17.00 – 17.65
52-Week Range6.08 – 28.00
Volume11.34M
Market Cap31.48B
P/E (TTM)36.51
Forward P/E212.77
EPS0.53
Dividend Yield0.00%
Beta0.64
50-Day Avg17.29
200-Day Avg16.86

About

United Renewable Energy Co., Ltd. engages in the research, design, development, manufacture, and sale of solar cells and related systems, solar power generation modules, and wafers in Taiwan, Europe, the United States, Singapore, and internationally. It operates through the Solar Energy and Other segments. The company offers smart optimizers; inverter; solar cell, solar module, and sale and service. It also engages in solar system business; construction services and energy storage solutions; and offers energy management systems and special project solutions. The company was formerly known as Neo Solar Power Corp. United Renewable Energy Co., Ltd. was incorporated in 2005 and is headquartered in Hsinchu City, Taiwan.

Company Details

  • SectorTechnology
  • IndustrySolar
  • CEOMr. Weice Zhang
  • Employees0
  • HeadquartersHsinchu Science Park, Hsinchu City, Taiwan, 30078, Taiwan
  • Websitehttps://www.urecorp.com

Leadership

  • Dr. Chum-Sam Hong Ph.D.Co-Founder, Chairman & Chief Strategy Officer · b. 1950
  • Mr. Weice ZhangChief Executive Officer
  • Dr. Wen-Yen PanCo-Founder & Director
  • Peichang HuangAccounting Supervisor
  • Ms. Shelly YenInvestor Relations Manager
  • George TsengChief Information Security Officer

Financials

Income Statement

Currency: TWD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue380.20M3.66B10.18B10.30B20.14B20.59B12.24B20.08B27.58B22.21B16.54B10.25B12.98B18.14B12.51B14.30B18.81B12.52B5.78B3.05B
Growth (%)-+863.19%+177.87%+1.23%+95.51%+2.22%-40.54%+64.07%+37.32%-19.46%-25.56%-38.03%+26.70%+39.70%-31.03%+14.32%+31.50%-33.45%-53.79%-47.33%
Cost of Revenue350.02M3.08B9.36B10.27B16.41B22.71B15.47B18.37B26.00B21.63B18.45B12.20B13.72B19.12B13.44B13.57B16.67B14.28B5.15B3.71B
Gross Profit30.18M586.51M817.27M27.93M3.73B-2.12B-3.23B1.71B1.58B582.84M-1.91B-1.96B-738.56M-982.53M-932.68M728.82M2.14B-1.77B638.01M-663.75M
Gross Margin7.94%16.02%8.03%0.27%18.54%-10.28%-26.40%8.51%5.73%2.62%-11.58%-19.09%-5.69%-5.42%-7.45%5.10%11.39%-14.12%11.03%-21.79%
Operating Expense46.57M82.73M314.79M296.08M835.19M638.30M819.08M1.40B1.33B1.88B4.44B1.94B1.94B4.15B4.17B1.64B819.24M1.21B869.64M865.74M
Operating Income-16.39M503.78M502.48M-268.15M2.90B-2.76B-4.05B314.36M247.52M-1.30B-6.35B-3.89B-2.68B-5.13B-5.11B-906.78M1.32B-2.98B-231.64M-1.53B
Operating Margin-4.31%13.76%4.94%-2.60%14.40%-13.38%-33.10%1.57%0.90%-5.85%-38.40%-37.99%-20.61%-28.27%-40.81%-6.34%7.03%-23.81%-4.00%-50.20%
EBITDA28.77M615.09M1.17B-181.90M4.03B-1.36B-2.28B2.25B2.06B785.93M-4.02B-1.67B2.45B-1.27B-2.98B252.19M2.55B-2.24B-197.83M-633.63M
EBITDA Margin7.57%16.80%11.45%-1.77%19.99%-6.60%-18.59%11.20%7.47%3.54%-24.31%-16.27%18.86%-7.02%-23.86%1.76%13.53%-17.89%-3.42%-20.80%
Net Income9.31M548.35M831.34M-1.14B2.74B-2.90B-4.17B502.48M218.56M-1.46B-6.31B-4.15B-468.29M-5.77B-6.16B-1.34B993.64M-3.89B-2.13B-1.25B
Net Income Margin2.45%14.97%8.17%-11.06%13.60%-14.07%-34.10%2.50%0.79%-6.55%-38.16%-40.54%-3.61%-31.81%-49.25%-9.38%5.28%-31.07%-36.90%-40.92%
R&D20.99M21.34M80.97M69.84M175.80M112.83M160.02M407.52M451.57M346.33M364.28M266.22M211.74M218.67M176.89M101.44M70.39M88.15M82.50M67.56M
R&D as % of Total Revenue5.52%0.58%0.80%0.68%0.87%0.55%1.31%2.03%1.64%1.56%2.20%2.60%1.63%1.21%1.41%0.71%0.37%0.70%1.43%2.22%
Interest Expense443.00K7.52M153.50M251.62M253.95M35.80M76.12M189.17M245.24M262.44M431.06M726.15M414.13M874.29M651.94M390.72M276.96M350.99M441.72M369.07M
Interest Expense % of Total Revenue0.12%0.21%1.51%2.44%1.26%0.17%0.62%0.94%0.89%1.18%2.61%7.09%3.19%4.82%5.21%2.73%1.47%2.80%7.64%12.11%

Balance Sheet

Currency: TWD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets930.88M4.09B10.96B11.70B20.72B22.13B21.07B34.31B37.32B39.10B36.85B34.25B58.29B47.23B32.46B31.22B34.23B28.74B27.63B24.05B
Total Liabilities312.53M1.45B5.46B6.00B6.64B7.57B9.99B15.10B15.60B18.75B20.18B22.91B32.48B25.74B17.44B15.38B17.13B15.63B16.31B13.63B
Total Equity618.35M2.63B5.51B5.68B14.05B14.55B10.91B18.86B21.26B19.76B16.06B11.08B24.91B20.72B14.26B15.13B16.46B12.75B11.29B10.38B
Cash103.81M595.94M1.15B4.10B6.51B5.49B5.82B6.37B8.72B8.50B8.01B4.43B9.56B6.37B4.95B5.25B4.76B4.47B6.78B5.43B
Total Debt167.90M1.23B3.89B3.94B2.63B4.00B7.42B9.75B10.45B13.35B16.05B17.52B26.58B21.94B8.27B9.82B13.28B12.24B12.25B11.48B
Net Debt64.09M635.81M2.75B-160.96M-3.88B-1.49B1.60B3.38B1.73B4.85B8.05B13.09B17.03B15.57B3.31B4.56B8.52B7.77B5.47B6.05B

Cash Flow

Currency: TWD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-252.03M-1.57B-1.09B1.83B2.55B-613.01M-1.72B1.26B253.03M771.27M-1.21B433.93M-981.28M-1.22B2.22B1.34B-960.46M4.22B1.53B-808.09M
Investing Cash Flow-421.90M-467.86M-3.41B-13.66M-4.09B-4.84B-1.59B-1.86B-1.89B-3.46B-4.35B-4.68B5.52B3.69B4.97B32.36M-1.79B-2.91B935.61M-160.06M
Financing Cash Flow181.65M2.53B5.05B1.13B3.95B4.43B3.65B1.18B3.97B2.42B5.13B757.93M542.19M-5.62B-8.24B-950.34M2.16B-1.66B-246.20M-820.72M
Capital Expenditure384.63M472.07M2.57B809.18M3.98B4.48B1.51B2.75B2.12B2.08B3.38B4.16B2.55B691.99M254.70M685.38M2.72B2.02B1.35B680.07M
Free Cash Flow-636.66M-2.04B-3.66B1.02B-1.43B-5.10B-3.23B-1.49B-1.87B-1.31B-4.59B-3.73B-3.53B-1.92B1.96B650.29M-3.68B2.41B178.84M-1.49B
Dividends Paid--88.42M176.45M-1.44B-236.00M236.00M171.27M-------162.67M--
FCF to OCF252.61%130.08%336.31%55.80%-56.15%831.28%187.47%-117.97%-739.20%-169.60%378.05%-859.22%360.09%156.50%88.52%48.69%383.16%56.98%11.69%184.16%
Dividend Paid to FCF---2.41%17.27%--28.29%--15.85%-12.62%-13.09%-------6.76%--

Earnings

Report DateJun 30, 2008Dec 3, 2008Feb 25, 2009Jun 3, 2009Oct 21, 2009Mar 3, 2010Apr 30, 2010Sep 1, 2010Oct 15, 2010Feb 15, 2011May 4, 2011Aug 31, 2011Nov 30, 2011Feb 29, 2012Apr 27, 2012Aug 30, 2012Nov 28, 2012Feb 21, 2013May 15, 2013Aug 28, 2013Nov 27, 2013Mar 31, 2014May 28, 2014Jul 24, 2014Nov 13, 2014Feb 5, 2015May 8, 2015Aug 14, 2015Nov 11, 2015Mar 31, 2016May 16, 2016Aug 15, 2016Nov 14, 2016Mar 30, 2017May 16, 2017Aug 8, 2017Nov 14, 2017Mar 30, 2018May 15, 2018Aug 8, 2018Nov 14, 2018Feb 27, 2019Apr 1, 2019Aug 13, 2019Nov 13, 2019Mar 31, 2020May 16, 2020Aug 14, 2020Nov 15, 2020Mar 25, 2021May 13, 2021Aug 16, 2021Nov 10, 2021Mar 11, 2022May 10, 2022Aug 11, 2022Nov 10, 2022Mar 13, 2023May 15, 2023Aug 14, 2023Nov 14, 2023Mar 11, 2024
EPS Estimate----0.44-2.03-1.926.573.924.59---1.33-0.33--1.57-1.48--1.14-0.91-0.03-0.09-0.84-1.06-0.640.420.02-0.52-1.45-1.27-1.03-0.94-0.46--0.66-0.65---0.51-0.53-0.57-0.42-0.42-0.44-0.37-0.16-0.120.07----0.120.230.260.110.170.20-
EPS Actual3.303.81-0.74-3.531.14-3.18-3.653.982.401.911.61-5.78-2.18-7.24-7.48-1.48-2.16-5.48-1.411.041.201.340.850.85-0.41-0.47-0.97-1.59-0.740.280.23-1.70-3.22-6.54-1.26-0.57-1.67-1.00-0.63-0.39-0.840.991.52-0.64-0.80-2.09-0.45-0.420.09-3.24-0.35-0.15-0.06-0.290.340.100.110.020.03-0.25-0.84-1.33
Surprise----159.09%--279.80%-25.00%-70.93%-58.93%-225.93%---462.41%-348.48%--249.04%4.73%--17.54%--6.59%-1266.67%-422.22%-15.48%-50.00%-15.63%-33.33%1050.00%-226.92%-122.07%-414.96%-22.33%39.36%-263.04%-4.55%40.00%--398.04%-20.75%-40.35%-397.62%-7.14%4.55%124.32%-1925.00%-191.67%-314.29%---183.33%-52.17%-92.31%-72.73%-247.06%-520.00%-
Timing----Pre-market-After-hours-After-hoursAfter-hoursPre-marketAfter-hours--After-hoursAfter-hours-Pre-marketAfter-hours--After-hours-Pre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hours

Key Statistics & Ratios

Market Cap31.48B
Enterprise Value31.86B
Trailing P/E36.51
Forward P/E212.77
PEG Ratio0.00
Price / Sales11.92
Price / Book2.24
EPS0.53
Book Value7.93
Revenue (TTM)2.64B
Gross Profit (TTM)-682.72M
EBITDA-721.65M
Profit Margin32.86%
Operating Margin-34.70%
Return on Equity7.35%
Return on Assets-3.94%
Shares Outstanding1.63B
Shares Float1.39B
Beta0.64
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20231×
0.10Jul 24, 2023
20151×
0.34Jul 31, 2015
20141×
0.50Jul 11, 2014
20111×
7.48May 19, 2011
20091×
1.61Jul 31, 2009
20081×
0.26Aug 14, 2008

Stock Splits

  • Oct 8, 20211166:1153
  • Jul 29, 2021331:585
  • Dec 4, 2019707:704
  • Mar 3, 2016411:398
  • Oct 13, 2014782:775
  • Oct 1, 2013661:642
  • May 19, 2011821:781
  • Aug 20, 2010678:643
  • Jul 31, 2009111:100
  • Aug 14, 200859:50