← TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $29.8b
$33.0b +10.70%
$33.7b +2.18%
$35.8b +6.16%
$47.7b +33.32%
$57.2b +19.98%
$73.7b +28.74%
$70.6b -4.17%
$88.3b +25.03%
$119.7b +35.61%
Revenue From Interest $6.3b $319.3m $480.0m $541.2m $321.2m $205.8m $729.7m $2.0b $2.7b —
Cost of Revenue $14.9b
$16.3b +9.53%
$17.4b +7.04%
$19.3b +10.74%
$22.4b +15.89%
$27.7b +23.75%
$29.8b +7.63%
$32.2b +8.15%
$38.7b +20.20%
$48.0b +23.96%
Gross profit $14.9b
$16.7b +11.88%
$16.3b -2.57%
$16.5b +1.28%
$25.3b +53.74%
$29.5b +16.66%
$43.9b +48.52%
$38.4b -12.54%
$49.5b +29.08%
$71.7b +44.72%
Research and development $71.2b $2.7b $2.8b $3.1b $3.9b $4.5b $5.3b $6.0b $6.2b $7.7b
General And Administrative Expense — — $662.1m $726.7m $1.0b $1.3b $1.7b $2.0b $2.6b —
General and administrative $19.8b $21.2b $20.3b $21.7b $28.5b $36.9b $53.5b $60.9b $83.7b $82.3b
Operating expenses:
Total operating expenses $96.9b $107.9b $112.1b $119.5b $145.1b $169.2b $7.1b $8.0b $9.5b $10.9b
Other Operating Income Expense $29.8m ($46.0m) ($68.7m) ($16.6m) $25.3m ($12.0m) ($12.0m) $6.2m ($37.5m) $60.8b
Interest Expense On Lease Liabilities — — — $240.9m $227.8m $193.3m $267.1m $382.0m $373.4m —
Interest Income — — $14.7b $16.2b $9.0b $5.7b $22.4b $60.3b $87.2b $105.7b
Foreign exchange gain (loss), net $1.2b ($1.5b) $2.4b $2.1b ($3.3b) $13.7b $4.5b ($2.7b) $10.0b $13.8b
Gain (loss) on hedging instruments — — $41.0m ($109.6m) $24.1m $131.6m $1.3b ($74.7m) ($80.2m) ($31.0m)
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method $3.5b $101.7m — — — — — — — —
Other income $6.5b $9.6b $14.9b $555.2m $660.6m $973.1m $947.7m $480.0m $566.9m $591.7m
Total non-operating income and expenses $8.0b $10.6b $13.9b $17.2b $18.0b $13.1b $22.8b $57.9b $83.8b $105.6b
INCOME BEFORE INCOME TAX $12.1b $12.4b $12.5b $12.3b $18.4b $20.8b $36.0b $30.8b $44.2b $64.2b
Current Tax Expense (Income) $72.4b $73.9b $60.6b $47.1b $87.5b $107.7b $190.0b $156.7b $8.7b —
Deferred Tax Expense (Income) ($1.8b) ($3.8b) ($4.5b) ($1.1b) ($6.3b) ($23.2b) ($20.0b) $4.1b $2.2b —
Deferred Tax Expense (Income) Recognised In Profit Or Loss — — — — — — — — ($2.7b) —
Income Tax Expense Continuing Operations $54.1b $1.7b $1.1b $1.2b $2.6b $2.5b $4.9b $4.2b $7.6b —
INCOME TAX EXPENSE $54.1b $51.1b $34.4b $1.2b $2.6b $70.2b $150.8b $128.3b $7.8b $10.9b
Income tax benefit (expense) related to items that will not be reclassified subsequently $126.9m $30.6m $195.7m ($21.0m) $422.7m ($85.3m) $734.0m $124.6m ($38.9m) $138.6m
Other comprehensive income (loss), net of income tax ($11.1b) ($28.8b) $9.8b ($395.3m) ($1.1b) ($7.6b) $42.4b ($8.8b) $71.6b ($56.3b)
NET INCOME $10.4b
$10.8b +3.99%
$11.4b +5.24%
$11.8b +3.73%
$18.2b +53.75%
$18.6b +2.38%
$31.2b +67.54%
$26.7b -14.32%
$36.4b +36.01%
$53.3b +46.44%
Basic Earnings (Loss) Per Share $12.79 $0.45 $0.46 $0.46 $0.70 $0.82 $1.25 $1.07 $1.36 $65.47
Diluted Earnings (Loss) Per Share $12.79 $0.45 $0.46 $0.46 $0.70 $0.82 $1.25 $1.07 $1.36 $65.47
Additional Financial Items
Applicable Tax Rate $0 $0 — — — — — — — —
Depreciation Right of Use Assets — — — $2.6b $2.7b $2.6b $3.1b $3.5b $3.7b —
Employee Benefits Expense $99.7b $104.1b $108.2b — — — — — — —
Expense Relating To Leases Of Low-Value Assets For Which Recognition Exemption Has Been Used — — — $500k $300k — — — — —
Expense Relating To Short-Term Leases For Which Recognition Exemption Has Been Used — — $3.2b $5.0b $3.2b $5.3b $4.7b $1.2b $181.2m —
Expense Relating To Variable Lease Payments Not Included In Measurement Of Lease Liabilities — — — $195.1m $257.0m $168.7m — — — —
Finance Costs $3.3b $112.4m $99.7m $108.7m $74.1m $195.2m $382.4m $391.9m $320.1m ($12.4b)
Finance Income $6.5b $324.2m $485.2m $555.2m $23.4m $35.1m $30.8m $15.7m $17.3m —
Gains Losses Recognised When Control In Subsidiary Is Lost ($36.1m) $600k — ($200k) — — — — — —
Impairment Loss Recognised In Profit Or Loss Goodwill — $13.5m — — $0 $0 $0 $0 $0 —
Other Employee Expense $97.2b $101.5b $105.4b — — — — — — —
Postemployment Benefit Expense Defined Benefit Plans $272.2m $271.5m $281.8m $259.6m $204.9m $192.5m $208.6m $281.4m $275.7m —
Postemployment Benefit Expense Defined Contribution Plans $2.2b $2.4b $2.6b $2.6b $2.8b $3.7b $4.6b $5.4b $5.9b —
Profit Loss Attributable To Noncontrolling Interests $83.6m $1.4m $1.7m $2.6m $9.4m $18.8m $12.1m ($23.3m) ($26.1m) —
Profit Loss Attributable To Owners Of Parent $10.4b $11.6b $11.9b $11.8b $18.2b $21.4b $32.3b $27.8b $35.3b —
Profit Loss Before Tax $12.1b $13.4b $13.0b $13.0b $20.8b $23.9b $37.2b $32.0b $42.9b —
Profit Loss From Operating Activities $11.9b $13.0b $12.5b $12.5b $20.2b $23.4b $36.5b $30.1b $40.3b —
Marketing $5.9b $6.0b $6.0b $6.3b $7.1b $7.6b $9.9b $10.6b $13.1b $16.9b
Share of profits of associates $3.5b $3.0b $3.1b $2.9b $3.6b $5.5b $7.7b $4.8b $4.9b $5.5b
Other gains and losses, net $195.9m $2.8b ($3.4b) ($38.5m) $360.0m ($7.4b) ($1.0b) $7.0b ($8.4b) ($7.7b)
Remeasurement of defined benefit obligation ($1.1b) ($254.7m) ($861.2m) $253.9m ($3.5b) $242.1m ($823.1m) ($623.4m) $144.4m ($693.3m)
Unrealized gain on investments in equity instruments at fair value through other comprehensive income — — — $334.3m $423.7m $1.9b ($263.7m) $2.0b $5.1b $745.3m
Share of other comprehensive income (loss) of associates ($20.0m) ($20.9m) $93.3m ($140.2m) ($283.4m) ($120.0m) $550.3m $63.9m $283.3m ($29.0m)
Exchange differences arising on translation of foreign operations ($9.4b) ($28.3b) $14.6b ($14.7b) ($29.8b) ($6.2b) $50.8b ($14.5b) $64.3b ($61.0b)
Unrealized gain on investments in debt instruments at fair value through other comprehensive income — — — — — — ($10.1b) $4.1b $1.9b $4.7b
Loss on hedging instruments — — — — — — — ($74.7m) ($80.2m) ($81.2m)
Shareholders of the parent $10.1b $9.9b $11.7b $10.8b $15.1b $18.4b $32.5b $26.5b $38.7b $51.6b
Non-controlling interests $76.9m $35.6m $56.4m $78.6m $264.1m $523.9m $206.7m ($1.5b) ($1.8b) ($2.2b)
Total comprehensive income (loss) $10.1b $9.9b $11.7b $11.4b $17.1b $18.4b $32.5b $26.5b $38.6b $51.5b

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.