Taiwan Semiconductor Manufacturing Company Limited

BUL:TSFA Stock Report

Market Cap: €788.9b

Taiwan Semiconductor Manufacturing Past Earnings Performance

Past criteria checks 4/6

Taiwan Semiconductor Manufacturing has been growing earnings at an average annual rate of 20.1%, while the Semiconductor industry saw earnings growing at 27.1% annually. Revenues have been growing at an average rate of 17.8% per year. Taiwan Semiconductor Manufacturing's return on equity is 25.8%, and it has net margins of 39.1%.

Key information

20.1%

Earnings growth rate

20.1%

EPS growth rate

Semiconductor Industry Growth14.2%
Revenue growth rate17.8%
Return on equity25.8%
Net Margin39.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Taiwan Semiconductor Manufacturing makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BUL:TSFA Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,651,3751,037,30088,992197,361
30 Jun 242,438,416923,04280,268195,714
31 Mar 242,245,747856,99674,560189,322
31 Dec 232,161,736838,49871,464182,370
30 Sep 232,161,739895,69070,201176,547
30 Jun 232,228,149965,55669,839168,387
31 Mar 232,281,4481,020,78467,035166,371
31 Dec 222,263,8911,016,53063,445163,262
30 Sep 222,076,549886,85859,136150,914
30 Jun 221,878,076762,25152,711138,803
31 Mar 221,716,081659,58248,695130,027
31 Dec 211,587,415596,54044,488124,735
30 Sep 211,510,759565,93337,230122,437
30 Jun 211,452,515546,98537,654121,254
31 Mar 211,391,068533,44836,572115,273
31 Dec 201,339,255510,74435,570109,486
30 Sep 201,294,959499,83836,496105,181
30 Jun 201,231,578463,59832,69699,470
31 Mar 201,161,878409,54129,83995,970
31 Dec 191,069,985353,94828,08691,419
30 Sep 191,042,519341,13425,94289,472
30 Jun 191,009,821329,13624,77787,386
31 Mar 191,002,099334,66225,55585,884
31 Dec 181,031,474363,05326,25485,896
30 Sep 181,019,274352,32026,71583,424
30 Jun 181,011,033353,17426,96482,583
31 Mar 18991,611347,15426,72581,749
31 Dec 17977,447344,99827,16980,733
30 Sep 17962,104341,49226,76179,476
30 Jun 17970,403348,32627,38677,155
31 Mar 17978,357354,56127,18075,001
31 Dec 16947,938331,71425,69671,208
30 Sep 16889,230303,16124,02866,911
30 Jun 16841,329281,73122,58664,673
31 Mar 16824,959288,64222,42564,382
31 Dec 15843,497302,85122,92265,545
30 Sep 15862,500304,14223,00765,823
30 Jun 15859,045305,14423,26964,544
31 Mar 15836,625285,42523,96961,542
31 Dec 14762,807254,30124,02156,829
30 Sep 14686,091224,53723,29652,888
30 Jun 14639,619200,15823,26351,037
31 Mar 14612,484192,26823,47049,369
31 Dec 13597,024183,97823,38747,952

Quality Earnings: TSFA has high quality earnings.

Growing Profit Margin: TSFA's current net profit margins (39.1%) are lower than last year (41.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TSFA's earnings have grown significantly by 20.1% per year over the past 5 years.

Accelerating Growth: TSFA's earnings growth over the past year (15.8%) is below its 5-year average (20.1% per year).

Earnings vs Industry: TSFA earnings growth over the past year (15.8%) exceeded the Semiconductor industry -11.6%.

Return on Equity

High ROE: TSFA's Return on Equity (25.8%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 16:17
End of Day Share Price 2024/12/16 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Taiwan Semiconductor Manufacturing Company Limited is covered by 76 analysts. 35 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ge BaiABCI Securities Company Limited
Warren LauAletheia Analyst Network Limited
Brett SimpsonArete Research Services LLP