United Renewable Energy Co., Ltd.

United Renewable Energy Co., Ltd.

17.00
TWD
-0.30
(-1.73%)
0.54EPS
32.33P/E
28.31BMarket Cap
Nov 16Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
59.19
59.89
45.29
29.8
17.53
16.63
12.62
8.22
9.37
11.56
7.69
3.56
1.87
1.62
Basic EPS, GAAP
1.48
0.47
-2.97
-11.37
-7.11
-0.73
-3.96
-4.03
-0.84
0.61
-2.39
-1.31
-0.77
0.54
Free Cash Flow per Basic Share
-4.39
-4.06
-2.67
-8.64
-6.38
-3.51
-1.33
1.29
0.43
-2.28
1.48
0.2
-0.78
-0.37
Dividend per Share
- -
0.51
0.35
- -
- -
- -
- -
- -
- -
- -
0.1
- -
- -
- -
Book Value per Share
41.22
42.54
39.45
27.47
18.92
17.03
13.6
9.36
9.3
10.12
7.84
6.94
6.38
7.93
Tangible Book Value per Share
40
41.47
38.21
26.93
18.47
16.89
13.52
9.31
9.3
10.11
7.84
6.91
6.35
7.89
Basic Weighted Avg Shares
339
460
490
555
584
790
1,437
1,522
1,526
1,627
1,627
1,627
1,627
1,633
Sales/Revenue/Turnover
20,084
27,580
22,214
16,537
10,248
13,137
18,139
12,511
14,302
18,808
12,516
5,784
3,047
2,641
Operating Margin (%)
1.57
0.9
-5.85
-38.4
-37.99
-21.54
-28.82
-37.06
-5.44
4.46
-23.59
-4
-50.23
-59.76
Depreciation Expense
1,796
2,059
2,068
1,974
1,738
2,361
3,371
2,067
1,202
1,223
1,235
1,226
1,024
977
Net Income, GAAP
502
219
-1,456
-6,310
-4,154
-577
-5,686
-6,139
-1,288
994
-3,889
-2,134
-1,247
879
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.81
- -
- -
- -
1.48
Profit Margin (%)
2.5
0.79
-6.55
-38.16
-40.54
-4.39
-31.35
-49.07
-9.01
5.28
-31.07
-36.9
-40.95
33.29
Working Capital
4,695
9,982
6,678
4,815
-4,106
1,225
4,984
2,857
7,410
7,519
1,047
3,629
-1,075
2,960
LT Debt
5,258
5,541
5,050
6,830
5,583
9,529
12,729
5,721
7,038
8,340
5,814
8,633
3,959
5,228
Total Equity
19,211
21,724
20,356
16,680
11,338
25,463
21,484
15,024
15,832
17,096
13,105
11,323
10,417
12,933
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
2.62
- -
- -
- -
-6.86
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
4.72
- -
- -
- -
5.27
Return on Common Equity (%)
3.38
1.09
-7.1
-35.23
-30.61
-3.24
-25.09
-35.1
-8.77
6.29
-26.63
-17.76
-11.51
7.46

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
7,520
4,809
4,105
LT Borrowings
2,244
3,679
3,637
LT Finance Leases
1,715
1,678
1,591
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,627
1,627
1,627
Market Capitalization
14,006
34,568
28,305

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8,019
9,492
8,430
Cash, Cash Equivalents & STI
5,782
7,308
6,345
Accounts Receivable, Net
528
561
493
Inventories
1,093
1,117
1,081
Total Current Liabilities
9,093
6,483
5,470
Payables & Accruals
- -
- -
- -
ST Debt
7,520
4,809
4,105
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.28%
-6.32%
-8%
Free Cash Flow
-149.74%
-296.56%
-493.27%
Net Income, GAAP
27.2%
-166.84%
-41.55%
Sales/Revenue/Turnover
-11.71%
-17.75%
-47.33%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,491
1,370
1,332
1,591
5,784
2025
979
705
744
619
3,047
2026
520
758
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.17
-0.52
-0.49
-0.13
-1.31
2025
-0.11
-0.26
-0.25
-0.14
-0.77
2026
1.07
-0.14
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Wen Hui Pan
Full Time Employees
1,450
Sector
Electronic technology
Industry
Semiconductors
Address
Hsinchu Science Park Hsinchu TP Taiwan 30078
IPO Date
Oct 9, 2007
Business
United Renewable Energy Co., Ltd. is a Taiwan-based company specializing in the manufacturing and provision of solar energy products and total renewable energy solutions. The company produces high-performance monocrystalline PERC solar modules, including proprietary Peach series modules featuring advanced packaging technology to reduce series resistance, as well as bi-facial solar panels with high photon-to-energy conversion efficiency. It also develops and supplies energy storage systems, including industrial ESS containers, lithium-ion uninterruptible power supplies (UPS), and energy management systems. United Renewable Energy primarily serves utility, commercial, industrial, and government customers with its solar modules, photovoltaic system design, engineering, procurement, construction (EPC) services, and operation and maintenance solutions across Taiwan, North America, Latin America, Europe, and Australia. Founded in 2003 and headquartered in Taiwan, the company maintains a leading market position in solar module shipments within Taiwan. In recent developments, United Renewable Energy announced a strategic partnership with Headwater Energy, LLC in 2025 to develop and construct over 95 acres of utility-scale solar photovoltaic projects in North Carolina, with a combined capacity exceeding 18 megawatts, enhancing grid resilience and promoting regional energy independence. The company also unveiled a transformation roadmap for 2025 focused on accelerating energy transformation by expanding digital capabilities, strengthening EPC operations, and deepening strategic alliances in renewable energy. United Renewable Energy continues to innovate in solar technology by advancing module efficiency and durability and expanding its footprint in international renewable energy markets through partnerships and project development initiatives.