Taiwan Semiconductor Manufacturing (TSM) Financial Statements

Price: $198.64
Market Cap: $862.35B
Avg Volume: 15.27M
Country: TW
Industry: Semiconductors
Sector: Technology
Beta: 1.268
52W Range: $84.95-212.6
Website: Taiwan Semiconductor Manufacturing

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