Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330

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Taiwan Semiconductor Manufacturing Co Ltd Logo
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
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Price: 1 460 TWD 1.04% Market Closed
Market Cap: 37.9T TWD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+75%
5Y
+180%
10Y
+321%
Operating Income
+
3Y
+84%
5Y
+237%
10Y
+444%
Net Income
+
3Y
+79%
5Y
+223%
10Y
+406%

Earnings Waterfall
Taiwan Semiconductor Manufacturing Co Ltd

Revenue
3.6T TWD
Cost of Revenue
-1.5T TWD
Gross Profit
2.1T TWD
Operating Expenses
-344.9B TWD
Operating Income
1.8T TWD
Other Expenses
-209.9B TWD
Net Income
1.6T TWD

Income Statement
Taiwan Semiconductor Manufacturing Co Ltd

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Income Statement
Currency: TWD
Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
891
210
424
640
842
787
725
662
615
568
512
453
391
371
373
396
425
458
484
544
627
724
799
891
1 020
1 297
1 735
2 197
2 647
2 949
3 115
3 199
3 236
3 234
3 216
3 193
3 190
3 247
3 285
3 315
3 306
3 272
3 291
3 311
3 330
3 322
3 110
3 006
3 051
3 142
3 379
3 483
3 251
2 882
2 427
1 956
2 081
2 323
3 048
4 009
5 414
6 783
8 553
10 589
11 750
12 573
12 674
12 416
11 999
11 734
11 367
10 891
10 495
10 474
11 527
11 850
Revenue
317 407
N/A
382 305
+20%
297 254
-22%
386 210
+30%
322 631
-16%
345 213
+7%
358 432
+4%
362 455
+1%
333 158
-8%
285 178
-14%
271 253
-5%
268 210
-1%
295 742
+10%
348 429
+18%
379 179
+9%
401 490
+6%
419 538
+4%
432 729
+3%
438 275
+1%
432 512
-1%
427 081
-1%
427 318
+0%
444 996
+4%
480 012
+8%
506 745
+6%
533 885
+5%
561 585
+5%
582 663
+4%
597 024
+2%
612 484
+3%
639 619
+4%
686 091
+7%
762 806
+11%
836 625
+10%
859 045
+3%
862 500
+0%
843 497
-2%
824 959
-2%
841 329
+2%
889 230
+6%
947 938
+7%
978 357
+3%
970 403
-1%
962 104
-1%
977 447
+2%
991 612
+1%
1 011 033
+2%
1 019 274
+1%
1 031 474
+1%
1 002 099
-3%
1 009 821
+1%
1 042 519
+3%
1 069 985
+3%
1 161 878
+9%
1 231 578
+6%
1 294 959
+5%
1 339 255
+3%
1 391 068
+4%
1 452 515
+4%
1 510 759
+4%
1 587 415
+5%
1 716 081
+8%
1 878 076
+9%
2 076 549
+11%
2 263 891
+9%
2 281 448
+1%
2 228 149
-2%
2 161 739
-3%
2 161 736
0%
2 245 747
+4%
2 438 416
+9%
2 651 375
+9%
2 894 308
+9%
3 140 917
+9%
3 401 199
+8%
3 631 425
+7%
Gross Profit
Cost of Revenue
(161 597)
(201 884)
(164 879)
(213 110)
(180 280)
(189 234)
(194 412)
(196 065)
(191 408)
(174 187)
(166 188)
(163 381)
(166 414)
(182 395)
(195 515)
(204 559)
(212 484)
(218 190)
(224 806)
(230 397)
(232 937)
(234 441)
(240 582)
(251 213)
(262 583)
(279 572)
(293 243)
(304 535)
(316 058)
(321 905)
(334 267)
(354 102)
(385 113)
(419 859)
(433 769)
(440 486)
(433 118)
(432 657)
(434 390)
(452 568)
(473 077)
(473 381)
(471 014)
(468 878)
(482 616)
(493 292)
(509 878)
(520 615)
(533 488)
(538 736)
(554 372)
(571 019)
(577 287)
(598 748)
(607 428)
(619 760)
(628 108)
(650 866)
(690 809)
(726 788)
(767 878)
(813 180)
(845 904)
(886 624)
(915 536)
(919 796)
(921 765)
(929 211)
(986 625)
(1 042 632)
(1 137 376)
(1 207 632)
(1 269 954)
(1 337 674)
(1 408 711)
(1 489 739)
Gross Profit
155 810
N/A
180 421
+16%
132 375
-27%
173 100
+31%
142 350
-18%
155 979
+10%
164 020
+5%
166 390
+1%
141 750
-15%
110 991
-22%
105 065
-5%
104 829
0%
129 329
+23%
166 034
+28%
183 664
+11%
196 931
+7%
207 054
+5%
214 539
+4%
213 469
0%
202 115
-5%
194 143
-4%
192 877
-1%
204 414
+6%
228 799
+12%
244 162
+7%
254 313
+4%
268 342
+6%
278 128
+4%
280 966
+1%
290 579
+3%
305 351
+5%
331 989
+9%
377 693
+14%
416 766
+10%
425 276
+2%
422 014
-1%
410 380
-3%
392 301
-4%
406 939
+4%
436 661
+7%
474 861
+9%
504 976
+6%
499 388
-1%
493 226
-1%
494 831
+0%
498 320
+1%
501 155
+1%
498 659
0%
497 986
0%
463 363
-7%
455 449
-2%
471 500
+4%
492 699
+4%
563 131
+14%
624 150
+11%
675 199
+8%
711 147
+5%
740 202
+4%
761 706
+3%
783 971
+3%
819 537
+5%
902 901
+10%
1 032 172
+14%
1 189 925
+15%
1 348 355
+13%
1 361 652
+1%
1 306 384
-4%
1 232 528
-6%
1 175 111
-5%
1 203 116
+2%
1 301 040
+8%
1 443 743
+11%
1 624 354
+13%
1 803 243
+11%
1 992 488
+10%
2 141 685
+7%
Operating Income
Operating Expenses
(28 545)
(35 529)
(28 852)
(37 261)
(30 628)
(33 137)
(36 296)
(38 264)
(37 525)
(36 491)
(35 218)
(35 804)
(37 367)
(41 744)
(43 925)
(45 849)
(47 879)
(50 538)
(51 966)
(52 126)
(52 684)
(55 133)
(60 426)
(63 568)
(62 541)
(66 598)
(67 109)
(70 061)
(71 586)
(73 119)
(75 059)
(76 610)
(80 862)
(86 999)
(89 149)
(91 714)
(88 220)
(88 412)
(88 798)
(90 647)
(96 950)
(102 134)
(104 611)
(106 654)
(108 174)
(111 286)
(112 948)
(113 264)
(112 933)
(112 602)
(112 811)
(116 221)
(119 349)
(126 174)
(132 403)
(141 291)
(144 363)
(151 402)
(158 333)
(159 642)
(169 556)
(179 668)
(192 483)
(210 915)
(227 076)
(232 925)
(237 823)
(246 226)
(253 645)
(263 870)
(277 197)
(287 199)
(302 301)
(323 128)
(335 504)
(344 941)
Selling, General & Administrative
(12 469)
(15 163)
(12 244)
(15 925)
(12 682)
(13 737)
(15 037)
(15 551)
(15 833)
(14 529)
(14 158)
(14 635)
(15 773)
(16 879)
(17 074)
(17 426)
(18 172)
(19 068)
(19 297)
(18 826)
(18 682)
(19 895)
(20 868)
(22 029)
(22 128)
(22 096)
(23 476)
(23 666)
(23 445)
(23 529)
(23 321)
(23 354)
(24 021)
(23 969)
(23 269)
(23 007)
(22 922)
(22 425)
(22 586)
(24 028)
(25 696)
(27 180)
(27 386)
(26 761)
(27 169)
(26 725)
(26 964)
(26 715)
(26 254)
(25 555)
(24 777)
(25 942)
(28 086)
(29 839)
(32 696)
(36 496)
(35 570)
(36 572)
(37 654)
(37 230)
(44 488)
(48 695)
(52 711)
(59 136)
(63 445)
(67 035)
(69 839)
(70 201)
(71 464)
(74 560)
(80 268)
(88 992)
(96 888)
(106 279)
(107 270)
(104 997)
Research & Development
(16 076)
(20 115)
(16 480)
(21 171)
(17 946)
(19 274)
(20 377)
(21 667)
(21 481)
(19 940)
(19 632)
(19 853)
(21 593)
(24 274)
(26 368)
(28 202)
(29 707)
(31 260)
(32 563)
(33 148)
(33 830)
(35 024)
(36 599)
(38 637)
(40 383)
(41 876)
(43 750)
(46 450)
(48 118)
(49 535)
(51 204)
(53 054)
(56 829)
(61 542)
(64 544)
(65 823)
(65 545)
(64 382)
(64 673)
(66 911)
(71 208)
(75 001)
(77 155)
(79 476)
(80 732)
(81 749)
(82 583)
(83 424)
(85 896)
(85 884)
(87 386)
(89 472)
(91 419)
(95 970)
(99 470)
(105 181)
(109 486)
(115 274)
(121 254)
(122 437)
(124 735)
(130 027)
(138 803)
(150 914)
(163 262)
(166 371)
(168 387)
(176 547)
(182 370)
(189 322)
(195 714)
(197 361)
(204 182)
(214 620)
(227 842)
(238 802)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(2)
(4)
(5)
(7)
(11)
(16)
(20)
(25)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(28)
(10)
(16)
(22)
(24)
(24)
(23)
(20)
(36)
(102)
(158)
(169)
(148)
(75)
(16)
(6)
(9)
(11)
(10)
(7)
(7)
(14)
(21)
(28)
(30)
(27)
(29)
0
Other Operating Expenses
0
(251)
(128)
(165)
0
(126)
(883)
(1 046)
(210)
(2 022)
(1 428)
(1 316)
0
(591)
(483)
(222)
(0)
(210)
(106)
(152)
(172)
(211)
(2 955)
(2 897)
(23)
(2 615)
132
75
2
(56)
(534)
(203)
(13)
(1 488)
(1 336)
(2 883)
247
(1 605)
(1 538)
293
(46)
48
(70)
(417)
(272)
(2 813)
(3 401)
(3 125)
(756)
(1 153)
(631)
(784)
180
(340)
(214)
407
729
546
734
193
(186)
(871)
(954)
(859)
(359)
491
413
530
196
26
(1 194)
(818)
(1 201)
(2 202)
(363)
(1 142)
Operating Income
127 265
N/A
144 891
+14%
103 523
-29%
135 839
+31%
111 722
-18%
122 842
+10%
127 724
+4%
128 126
+0%
104 225
-19%
74 500
-29%
69 847
-6%
69 025
-1%
91 962
+33%
124 290
+35%
139 740
+12%
151 082
+8%
159 175
+5%
164 001
+3%
161 503
-2%
149 989
-7%
141 459
-6%
137 744
-3%
143 988
+5%
165 231
+15%
181 621
+10%
187 715
+3%
201 233
+7%
208 067
+3%
209 381
+1%
217 460
+4%
230 293
+6%
255 379
+11%
296 831
+16%
329 767
+11%
336 127
+2%
330 300
-2%
322 160
-2%
303 889
-6%
318 141
+5%
346 014
+9%
377 911
+9%
402 843
+7%
394 777
-2%
386 572
-2%
386 657
+0%
387 034
+0%
388 207
+0%
385 395
-1%
385 053
0%
350 761
-9%
342 637
-2%
355 279
+4%
373 350
+5%
436 957
+17%
491 747
+13%
533 907
+9%
566 784
+6%
588 800
+4%
603 373
+2%
624 329
+3%
649 981
+4%
723 233
+11%
839 689
+16%
979 010
+17%
1 121 279
+15%
1 128 727
+1%
1 068 561
-5%
986 302
-8%
921 466
-7%
939 246
+2%
1 023 843
+9%
1 156 545
+13%
1 322 053
+14%
1 480 116
+12%
1 656 984
+12%
1 796 745
+8%
Pre-Tax Income
Interest Income Expense
3 986
6 774
7 355
9 516
7 461
7 961
7 494
6 580
5 607
3 771
2 816
2 467
2 223
2 956
3 014
3 350
3 760
4 143
3 727
2 776
2 072
1 668
2 029
2 702
3 640
3 247
3 834
4 090
4 930
3 741
4 249
3 423
6 218
3 310
20 835
24 585
30 631
25 570
6 378
2 712
8 026
1 484
1 295
1 097
10 201
299
3 204
6 540
14 012
14 440
15 575
16 388
16 485
16 609
17 279
17 682
16 910
17 648
16 028
13 909
11 680
10 398
10 771
14 427
21 944
32 140
40 868
48 402
56 329
60 940
68 082
77 540
82 717
89 371
98 940
100 235
Non-Reccuring Items
(280)
0
0
37
(54)
0
0
(210)
(1 560)
0
0
0
(913)
0
(0)
0
(160)
0
(58)
(69)
(266)
(542)
(466)
(452)
(4 676)
(1 455)
(1 224)
(2 733)
(10)
0
0
1 041
(1 172)
0
0
(167)
(2 405)
(293)
(360)
(252)
(112)
(170)
(103)
(83)
(1 110)
2
1
6
(1 427)
302
299
294
(655)
(8)
(3)
(3)
(4)
(2)
(0)
6
3
(10)
(23)
(36)
(52)
(47)
(50)
(60)
(36)
(36)
(34)
(30)
(50)
(203)
(174)
0
Gain/Loss on Disposition of Assets
180
29
13
61
91
0
0
128
101
100
100
16
0
57
93
144
(849)
(955)
(908)
(996)
(201)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
2 211
1 736
1 373
1 029
2 422
2 343
2 280
3 087
3 100
2 279
1 898
1 680
2 191
2 714
3 192
8 180
8 345
8 091
7 662
2 710
2 082
1 637
1 859
1 532
1 091
2 244
1 967
1 975
1 187
1 835
2 572
3 297
201
3 963
4 116
4 378
43
5 260
5 541
6 082
134
7 369
8 268
8 920
385
10 920
8 313
6 162
(128)
245
195
184
665
253
641
866
1 087
1 248
1 286
1 171
1 463
1 273
1 064
938
1 020
814
931
916
1 412
1 290
1 185
1 267
1 118
908
1 166
1 118
Pre-Tax Income
133 362
N/A
153 430
+15%
112 264
-27%
146 482
+30%
121 642
-17%
133 146
+9%
137 498
+3%
137 710
+0%
111 472
-19%
80 649
-28%
74 661
-7%
73 188
-2%
95 463
+30%
130 017
+36%
146 038
+12%
162 756
+11%
170 270
+5%
175 280
+3%
171 925
-2%
154 409
-10%
145 148
-6%
140 508
-3%
147 411
+5%
169 013
+15%
181 676
+7%
191 751
+6%
205 811
+7%
211 399
+3%
215 487
+2%
223 037
+4%
237 113
+6%
263 140
+11%
302 078
+15%
337 040
+12%
361 078
+7%
359 096
-1%
350 429
-2%
334 426
-5%
329 701
-1%
354 556
+8%
385 959
+9%
411 526
+7%
404 237
-2%
396 506
-2%
396 133
0%
398 254
+1%
399 724
+0%
398 103
0%
397 510
0%
365 748
-8%
358 706
-2%
372 145
+4%
389 845
+5%
453 811
+16%
509 664
+12%
552 452
+8%
584 777
+6%
607 694
+4%
620 687
+2%
639 414
+3%
663 126
+4%
734 894
+11%
851 501
+16%
994 340
+17%
1 144 191
+15%
1 161 634
+2%
1 110 311
-4%
1 035 560
-7%
979 171
-5%
1 001 440
+2%
1 093 075
+9%
1 235 322
+13%
1 405 839
+14%
1 570 191
+12%
1 756 915
+12%
1 898 098
+8%
Net Income
Tax Provision
(7 774)
(8 881)
(7 140)
(10 740)
(11 710)
(13 938)
(15 047)
(15 105)
(10 949)
(6 874)
(5 315)
(3 941)
(5 996)
(8 213)
(8 214)
(8 481)
(7 988)
(10 396)
(11 479)
(10 654)
(10 694)
(9 099)
(10 230)
(12 844)
(15 553)
(19 475)
(23 573)
(26 648)
(27 468)
(26 711)
(32 894)
(34 555)
(38 314)
(42 134)
(46 415)
(45 416)
(43 873)
(42 061)
(44 220)
(47 603)
(51 621)
(54 359)
(53 328)
(52 437)
(52 986)
(52 941)
(48 388)
(47 618)
(46 326)
(42 964)
(41 440)
(42 874)
(44 502)
(52 791)
(54 528)
(61 040)
(66 619)
(66 860)
(66 264)
(65 890)
(66 053)
(74 686)
(88 595)
(106 945)
(127 290)
(140 658)
(144 798)
(140 220)
(141 404)
(145 400)
(171 091)
(199 053)
(233 407)
(262 248)
(299 140)
(313 648)
Income from Continuing Operations
125 588
144 549
105 124
135 742
109 932
119 208
122 451
122 605
100 523
73 775
69 346
69 247
89 466
121 804
137 825
154 275
162 282
164 884
160 446
143 756
134 453
131 409
137 181
156 169
166 124
172 276
182 238
184 751
188 019
196 325
204 220
228 585
263 764
294 906
314 663
313 680
306 556
292 365
285 480
306 952
334 338
357 167
350 909
344 069
343 147
345 314
351 336
350 485
351 184
322 784
317 267
329 271
345 344
401 019
455 136
491 412
518 158
540 834
554 423
573 524
597 073
660 208
762 906
887 396
1 016 901
1 020 976
965 513
895 340
837 768
856 040
921 984
1 036 269
1 172 432
1 307 943
1 457 775
1 584 450
Income to Minority Interest
(186)
(308)
(401)
(649)
(755)
(726)
(683)
(633)
(590)
(426)
(327)
(250)
(248)
(482)
(662)
(725)
(677)
(664)
(558)
(413)
(252)
6
128
124
194
127
130
189
128
111
108
121
118
99
61
42
18
1
(26)
(68)
(91)
(72)
(50)
(43)
(35)
(46)
(50)
(52)
(54)
(44)
(52)
(58)
(80)
(163)
(222)
(258)
(273)
(245)
(297)
(450)
(533)
(625)
(655)
(537)
(370)
(192)
43
350
730
956
1 058
1 031
836
1 404
1 999
2 369
Net Income (Common)
127 010
N/A
145 848
+15%
104 724
-28%
135 093
+29%
109 177
-19%
118 482
+9%
121 768
+3%
121 972
+0%
99 933
-18%
73 349
-27%
69 020
-6%
68 998
0%
89 218
+29%
121 322
+36%
137 162
+13%
153 551
+12%
161 605
+5%
164 220
+2%
159 888
-3%
143 343
-10%
134 201
-6%
131 415
-2%
137 308
+4%
156 293
+14%
166 318
+6%
172 404
+4%
182 368
+6%
184 940
+1%
188 147
+2%
196 437
+4%
204 327
+4%
228 707
+12%
263 882
+15%
295 005
+12%
314 724
+7%
313 722
0%
306 574
-2%
292 365
-5%
285 454
-2%
306 884
+8%
334 247
+9%
357 095
+7%
350 859
-2%
344 026
-2%
343 111
0%
345 267
+1%
351 287
+2%
350 433
0%
351 131
+0%
322 740
-8%
317 214
-2%
329 213
+4%
345 264
+5%
400 857
+16%
454 914
+13%
491 154
+8%
517 885
+5%
540 589
+4%
554 126
+3%
573 074
+3%
596 540
+4%
659 582
+11%
762 251
+16%
886 858
+16%
1 016 530
+15%
1 020 784
+0%
965 556
-5%
895 690
-7%
838 498
-6%
856 996
+2%
923 042
+8%
1 037 300
+12%
1 173 268
+13%
1 309 347
+12%
1 459 775
+11%
1 586 819
+9%
EPS (Diluted)
4.76
N/A
5.44
+14%
3.9
-28%
4.82
+24%
4.04
-16%
4.48
+11%
4.59
+2%
4.7
+2%
3.81
-19%
2.81
-26%
2.66
-5%
2.65
0%
3.44
+30%
4.67
+36%
5.28
+13%
5.92
+12%
6.23
+5%
6.33
+2%
6.17
-3%
5.53
-10%
5.18
-6%
5.07
-2%
5.29
+4%
6.02
+14%
6.41
+6%
6.64
+4%
7.03
+6%
7.13
+1%
7.26
+2%
7.58
+4%
7.88
+4%
8.82
+12%
10.18
+15%
11.37
+12%
12.13
+7%
12.1
0%
11.82
-2%
11.28
-5%
11.02
-2%
11.84
+7%
12.89
+9%
13.77
+7%
13.53
-2%
13.27
-2%
13.23
0%
13.32
+1%
13.55
+2%
13.52
0%
13.54
+0%
12.46
-8%
12.24
-2%
12.7
+4%
13.32
+5%
15.45
+16%
17.54
+14%
18.94
+8%
19.97
+5%
20.86
+4%
21.38
+2%
22.11
+3%
23.01
+4%
25.44
+11%
29.4
+16%
34.2
+16%
39.2
+15%
39.36
+0%
37.23
-5%
34.54
-7%
32.34
-6%
33.06
+2%
35.61
+8%
40.01
+12%
45.25
+13%
50.49
+12%
56.29
+11%
61.19
+9%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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