Taiwan Semiconductor Manufacturing (TSM) Financial Statements
Price: $198.64
Market Cap: $862.35B
Avg Volume: 15.27M
Market Cap: $862.35B
Avg Volume: 15.27M
Country: TW
Industry: Semiconductors
Sector: Technology
Industry: Semiconductors
Sector: Technology
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Taiwan Semiconductor Manufacturing.
Income Statement
Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue | $2.16T | $2.26T | $1.59T | $1.34T | $1.07T | $1.03T | $977.44B | $947.91B | $843.51B | $762.84B |
Cost of Revenue | $986.62B | $915.54B | $767.88B | $628.11B | $577.29B | $533.49B | $482.62B | $473.08B | $433.12B | $385.10B |
Gross Profit | $1.18T | $1.35T | $819.54B | $711.13B | $492.70B | $497.87B | $494.83B | $474.83B | $410.39B | $377.73B |
Gross Profit Ratio | 54.36% | 59.56% | 51.63% | 53.10% | 46.05% | 48.27% | 50.62% | 50.09% | 48.65% | 49.52% |
Research and Development Expenses | $182.37B | $163.26B | $124.73B | $109.49B | $91.42B | $85.90B | $80.73B | $71.21B | $65.54B | $56.83B |
General and Administrative Expenses | $60.87B | $53.52B | $36.93B | $28.46B | $21.74B | $20.27B | $21.20B | $19.80B | $17.26B | $18.93B |
Selling and Marketing Expenses | $10.59B | $9.92B | $7.56B | $7.11B | $6.35B | $5.99B | $5.97B | $5.90B | $5.66B | $5.09B |
Selling General and Administrative Expenses | $71.46B | $63.45B | $44.49B | $35.57B | $28.09B | $26.25B | $27.17B | $25.70B | $22.92B | $24.02B |
Other Expenses | $1.41B | $368.40M | $-21.00K | $-710.13M | $-152.36M | $672.32M | $267.57M | $16.77M | $198.63M | $46.08M |
Operating Expenses | $253.83B | $227.08B | $169.22B | $144.35B | $119.35B | $112.82B | $108.17B | $96.92B | $88.67B | $80.90B |
Cost and Expenses | $1.24T | $1.14T | $937.10B | $772.45B | $696.64B | $646.31B | $590.79B | $570.00B | $521.78B | $466.02B |
Interest Income | $48.29B | $22.42B | $5.71B | $9.02B | $16.19B | $14.69B | $9.46B | $6.32B | $4.13B | $2.73B |
Interest Expense | $18.33B | $11.75B | $5.41B | $2.08B | $3.25B | $3.05B | $3.33B | $3.31B | $3.19B | $3.24B |
Depreciation and Amortization | $532.19B | $437.25B | $422.39B | $331.72B | $286.88B | $292.55B | $260.14B | $223.83B | $222.57B | $200.20B |
EBITDA | $1.45T | $1.59T | $1.09T | $912.21B | $679.93B | $695.26B | $659.66B | $611.65B | $552.60B | $503.93B |
EBITDA Ratio | 67.24% | 70.22% | 68.72% | 68.11% | 63.55% | 67.41% | 67.49% | 64.53% | 65.51% | 66.06% |
Operating Income | $921.28B | $1.12T | $649.98B | $566.78B | $372.70B | $383.62B | $385.56B | $387.86B | $322.67B | $296.31B |
Operating Income Ratio | 42.62% | 49.53% | 40.95% | 42.32% | 34.83% | 37.20% | 39.45% | 40.92% | 38.25% | 38.84% |
Total Other Income Expenses Net | $53.24B | $22.91B | $13.15B | $17.99B | $17.14B | $13.92B | $10.60B | $-1.94B | $20.44B | $-1.66B |
Income Before Tax | $974.52B | $1.14T | $663.13B | $584.78B | $389.85B | $397.54B | $396.16B | $385.92B | $350.48B | $302.07B |
Income Before Tax Ratio | 45.08% | 50.54% | 41.77% | 43.66% | 36.43% | 38.55% | 40.53% | 40.71% | 41.55% | 39.60% |
Income Tax Expense | $141.40B | $127.29B | $66.05B | $66.62B | $44.50B | $34.44B | $51.12B | $54.12B | $47.64B | $47.89B |
Net Income | $851.74B | $992.92B | $592.36B | $510.74B | $353.95B | $363.05B | $345.00B | $331.71B | $302.85B | $254.30B |
Net Income Ratio | 39.40% | 43.86% | 37.32% | 38.14% | 33.08% | 35.20% | 35.30% | 34.99% | 35.90% | 33.34% |
EPS | $164.25 | $191.45 | $114.20 | $98.50 | $66.60 | $70.01 | $66.15 | $64.45 | $59.10 | $50.90 |
EPS Diluted | $164.25 | $191.45 | $114.20 | $98.50 | $66.60 | $70.01 | $66.15 | $64.45 | $59.10 | $50.90 |
Weighted Average Shares Outstanding | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B |
Weighted Average Shares Outstanding Diluted | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B |
SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
---|---|---|---|---|---|---|---|---|---|---|
Cash and Cash Equivalents | $1.47T | $1.34T | $1.06T | $660.17B | $455.40B | $577.81B | $553.39B | $541.25B | $562.69B | $358.45B |
Short Term Investments | $222.34B | $243.69B | $140.08B | $141.98B | $139.06B | $135.94B | $103.19B | $94.95B | $27.78B | $81.95B |
Cash and Short Term Investments | $1.69T | $1.59T | $1.21T | $802.15B | $594.46B | $713.76B | $656.58B | $636.20B | $590.47B | $440.40B |
Net Receivables | $202.01B | $231.41B | $198.36B | $146.09B | $139.82B | $129.26B | $122.49B | $129.45B | $85.69B | $115.23B |
Inventory | $251.00B | $221.15B | $193.10B | $137.35B | $82.98B | $103.23B | $73.88B | $48.68B | $67.05B | $66.34B |
Other Current Assets | $53.26B | $12.89B | $10.52B | $6.59B | $5.32B | $5.41B | $4.22B | $3.39B | $3.53B | $3.66B |
Total Current Assets | $2.19T | $2.05T | $1.61T | $1.09T | $822.61B | $951.68B | $857.20B | $817.73B | $746.74B | $626.57B |
Property Plant Equipment Net | $3.10T | $2.74T | $2.01T | $1.58T | $1.37T | $1.07T | $1.06T | $997.78B | $853.47B | $818.20B |
Goodwill | $5.80B | $5.79B | $5.38B | $5.44B | $5.69B | $5.80B | $5.65B | $6.01B | $6.10B | $5.89B |
Intangible Assets | $16.97B | $20.21B | $21.44B | $20.33B | $14.96B | $11.21B | $8.53B | $8.61B | $7.96B | $7.64B |
Goodwill and Intangible Assets | $22.77B | $26.00B | $26.82B | $25.77B | $20.65B | $17.00B | $14.18B | $14.61B | $14.07B | $13.53B |
Long Term Investments | $129.44B | $68.93B | $29.38B | $27.73B | $30.17B | $29.30B | $41.57B | $46.15B | $34.99B | $30.05B |
Tax Assets | $64.18B | $69.19B | $49.15B | $25.96B | $17.93B | $16.81B | $12.11B | $8.27B | $6.38B | $5.23B |
Other Non-Current Assets | $17.05B | $12.02B | $5.22B | $5.75B | $3.83B | $3.28B | $4.27B | $1.91B | $1.86B | $1.56B |
Total Non-Current Assets | $3.34T | $2.91T | $2.12T | $1.67T | $1.44T | $1.14T | $1.13T | $1.07T | $910.77B | $868.57B |
Other Assets | $-0.00B | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Assets | $5.53T | $4.96T | $3.73T | $2.76T | $2.26T | $2.09T | $1.99T | $1.89T | $1.66T | $1.50T |
Account Payables | $57.29B | $268.38B | $193.03B | $196.79B | $179.58B | $76.11B | $84.14B | $89.22B | $44.59B | $48.86B |
Short Term Debt | $12.10B | $19.31B | $114.92B | $88.56B | $118.52B | $88.75B | $63.77B | $57.96B | $39.47B | $36.16B |
Tax Payables | $98.91B | $120.80B | $59.65B | $53.91B | $32.47B | $38.99B | $33.48B | $40.31B | $32.90B | $28.62B |
Deferred Revenue | $54.40B | $71.88B | $426.30B | $329.10B | $259.85B | $4.68B | $- | $8.27B | $900.00K | $199.70M |
Other Current Liabilities | $789.78B | $584.65B | $5.26B | $2.70B | $32.78B | $170.99B | $210.80B | $162.79B | $128.17B | $115.80B |
Total Current Liabilities | $913.58B | $944.23B | $739.50B | $617.15B | $590.74B | $340.54B | $358.71B | $318.24B | $212.23B | $201.01B |
Long Term Debt | $918.28B | $868.86B | $634.14B | $276.63B | $40.14B | $56.90B | $91.80B | $153.12B | $192.00B | $214.52B |
Deferred Revenue Non-Current | $28.68B | $- | $11.04B | $265.60M | $176.90M | $3.35B | $7.59B | $14.67B | $21.56B | $25.54B |
Deferred Tax Liabilities Non-Current | $53.86M | $1.03B | $1.87B | $1.73B | $344.39M | $233.28M | $302.20M | $141.18M | $31.27M | $199.75M |
Other Non-Current Liabilities | $188.51B | $190.17B | $168.21B | $14.31B | $11.31B | $11.60B | $10.71B | $10.24B | $9.06B | $8.19B |
Total Non-Current Liabilities | $1.14T | $1.06T | $815.27B | $292.94B | $51.97B | $72.09B | $110.40B | $178.16B | $222.66B | $248.44B |
Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities | $2.05T | $2.00T | $1.55T | $910.09B | $642.71B | $412.63B | $469.10B | $496.40B | $434.88B | $449.46B |
Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Common Stock | $259.32B | $259.30B | $259.30B | $259.30B | $259.30B | $259.30B | $259.30B | $259.30B | $259.30B | $259.30B |
Retained Earnings | $2.88T | $2.64T | $1.91T | $1.59T | $1.33T | $1.38T | $1.23T | $1.07T | $894.29B | $704.51B |
Accumulated Other Comprehensive Income Loss | $292.87B | $311.53B | $370.45B | $307.62B | $321.82B | $296.39B | $223.70B | $218.85B | $11.77B | $25.75B |
Other Total Stockholders Equity | $24.12B | $-262.71B | $-368.30B | $-305.95B | $-293.05B | $-255.52B | $-194.31B | $-160.92B | $56.30B | $55.99B |
Total Stockholders Equity | $3.46T | $2.95T | $2.17T | $1.85T | $1.62T | $1.68T | $1.52T | $1.39T | $1.22T | $1.05T |
Total Equity | $3.48T | $2.96T | $2.17T | $1.85T | $1.62T | $1.68T | $1.52T | $1.39T | $1.22T | $1.05T |
Total Liabilities and Stockholders Equity | $5.53T | $4.96T | $3.73T | $2.76T | $2.26T | $2.09T | $1.99T | $1.89T | $1.66T | $1.50T |
Minority Interest | $24.35B | $14.84B | $2.45B | $964.74M | $685.30M | $678.73M | $702.11M | $802.87M | $962.76M | $127.25M |
Total Liabilities and Total Equity | $5.53T | $4.96T | $3.73T | $2.76T | $2.26T | $2.09T | $1.99T | $1.89T | $1.66T | $1.50T |
Total Investments | $351.78B | $312.61B | $169.47B | $169.71B | $169.24B | $165.15B | $144.62B | $140.95B | $62.65B | $111.81B |
Total Debt | $959.07B | $888.17B | $749.07B | $365.19B | $158.66B | $145.65B | $155.57B | $211.07B | $231.47B | $250.67B |
Net Debt | $-506.36B | $-454.64B | $-315.92B | $-294.98B | $-296.74B | $-432.16B | $-397.82B | $-330.18B | $-331.22B | $-107.77B |
Cash Flow Statement
Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
---|---|---|---|---|---|---|---|---|---|---|
Net Income | $838.50B | $1.14T | $663.13B | $584.78B | $389.85B | $397.51B | $396.13B | $385.96B | $350.43B | $302.10B |
Depreciation and Amortization | $526.88B | $437.25B | $422.39B | $331.72B | $286.88B | $292.55B | $260.14B | $223.83B | $222.51B | $200.25B |
Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Stock Based Compensation | $483.00M | $302.40M | $7.80M | $6.60M | $2.80M | $- | $- | $- | $- | $- |
Change in Working Capital | $-1.41B | $122.51B | $132.47B | $-28.34B | $10.82B | $-61.66B | $9.98B | $-15.06B | $23.23B | $-49.67B |
Accounts Receivables | $28.44B | $-32.17B | $177.06B | $-8.08B | $-18.12B | $-13.27B | $1.06B | $-49.34B | $26.63B | $-43.09B |
Inventory | $-29.85B | $-28.05B | $-55.75B | $-54.37B | $20.25B | $-29.37B | $-25.23B | $18.37B | $-655.25M | $-28.87B |
Accounts Payables | $770.71M | $7.59B | $8.30B | $404.61M | $5.86B | $4.54B | $2.57B | $7.30B | $-2.69B | $6.63B |
Other Working Capital | $-770.71M | $175.13B | $2.86B | $33.71B | $2.83B | $-23.56B | $31.57B | $8.62B | $-56.45M | $15.66B |
Other Non Cash Items | $-122.55B | $-93.66B | $-105.83B | $-65.51B | $-72.42B | $-54.44B | $-80.94B | $-54.89B | $-66.28B | $-31.16B |
Net Cash Provided by Operating Activities | $1.24T | $1.61T | $1.11T | $822.67B | $615.14B | $573.95B | $585.32B | $539.83B | $529.88B | $421.52B |
Investments in Property Plant and Equipment | $-949.82B | $-1.09T | $-849.44B | $-521.47B | $-469.75B | $-322.68B | $-335.89B | $-333.09B | $-261.80B | $-292.40B |
Acquisitions Net | $11.75B | $17.25B | $-160.70M | $4.33B | $9.87B | $7.10B | $-4.08M | $4.24B | $549.45M | $3.86B |
Purchases of Investments | $-226.28B | $-237.82B | $-259.69B | $-267.25B | $-258.00B | $-99.02B | $-103.79B | $-117.43B | $-44.66B | $-6.52B |
Sales Maturities of Investments | $170.50B | $108.98B | $264.36B | $267.30B | $246.78B | $89.54B | $87.53B | $40.74B | $79.84B | $7.45B |
Other Investing Activities | $87.72B | $10.29B | $8.56B | $11.32B | $12.30B | $10.79B | $15.98B | $10.09B | $8.82B | $5.19B |
Net Cash Used for Investing Activities | $-906.12B | $-1.19T | $-836.37B | $-505.78B | $-458.80B | $-314.27B | $-336.16B | $-395.44B | $-217.25B | $-282.42B |
Debt Repayment | $-22.71B | $-118.95B | $-4.59B | $-73.49B | $-37.83B | $-58.02B | $-38.13B | $-23.48B | $-29.10M | $-28.43M |
Common Stock Issued | $- | $- | $- | $7.27M | $4.01M | $10.14M | $20.84M | $- | $- | $- |
Common Stock Repurchased | $- | $-871.57M | $- | $-7.27M | $-4.01M | $- | $- | $- | $- | $- |
Dividends Paid | $-291.72B | $-285.23B | $-265.79B | $-259.30B | $-259.30B | $-207.44B | $-181.51B | $-155.58B | $-116.68B | $-77.79B |
Other Financing Activities | $109.54B | $204.82B | $406.98B | $244.18B | $27.50B | $20.34B | $3.95B | $21.26B | $-21.45M | $45.49B |
Net Cash Used Provided by Financing Activities | $-204.89B | $-200.24B | $136.61B | $-88.62B | $-269.64B | $-245.12B | $-215.70B | $-157.80B | $-116.73B | $-32.33B |
Effect of Forex Changes on Cash | $-8.34B | $58.40B | $-7.58B | $-23.50B | $-9.11B | $9.86B | $-21.32B | $-8.03B | $8.26B | $9.06B |
Net Change in Cash | $122.61B | $277.82B | $404.82B | $204.77B | $-122.42B | $24.42B | $12.14B | $-21.44B | $204.24B | $115.75B |
Cash at End of Period | $1.47T | $1.34T | $1.06T | $660.17B | $455.40B | $577.81B | $553.39B | $541.25B | $562.69B | $358.45B |
Cash at Beginning of Period | $1.34T | $1.06T | $660.17B | $455.40B | $577.81B | $553.39B | $541.25B | $562.69B | $358.45B | $242.70B |
Operating Cash Flow | $1.24T | $1.61T | $1.11T | $822.67B | $615.14B | $573.95B | $585.32B | $539.83B | $529.88B | $421.52B |
Capital Expenditure | $-949.82B | $-1.09T | $-849.44B | $-521.47B | $-469.75B | $-322.68B | $-335.89B | $-333.09B | $-261.80B | $-292.40B |
Free Cash Flow | $292.15B | $520.97B | $262.72B | $301.19B | $145.39B | $251.27B | $249.43B | $206.74B | $268.08B | $129.12B |