Taiwan Semiconductor Manufacturing Co., Ltd. · TWSE:2330
Taiwan Semiconductor Manufacturing — Q4 2024 Earnings Presentation
13 slides from Taiwan Semiconductor Manufacturing's earnings presentation, Jan 16, 2025
Slide 1: 2024 Fourth Quarter Earnings Conference
Unleash Innovation Unleash Innovation 2024 Fourth Quarter Earnings Conference January 16, 2025 © 2025 TSMC, Ltd 0 TSMC Property
Slide 2: Agenda
Unleash Innovation Agenda • Welcome Jeff Su, IR Director • 4Q24 Financial Results and 1Q25 Outlook Wendell Huang, CFO • Key Messages Wendell Huang, CFO C.C. Wei, Chairman & CEO • Q&A © 2025 TSMC, Ltd 1 TSMC Property
Slide 3: Safe Harbor Notice
Unleash Innovation Safe Harbor Notice • TSMC’s statements of its current expectations are forward-looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in the forward-looking statements. • Information as to those factors that
Slide 4: Statements of Comprehensive Income
Unleash Innovation Statements of Comprehensive Income Selected Items from Statements of Comprehensive Income 4Q24 4Q24 4Q24 4Q24 3Q24 4Q23 Over Over Guidance 3Q24 4Q23 (In NT$ billions unless otherwise noted) Net Revenue (US$ billions) 26.88 26.1-26.9 23.50 19.62 +14.4% +37.0% Net Revenue 868.46 759
Slide 5: 4Q24 Revenue by Technology
Unleash Innovation 4Q24 Revenue by Technology © 2025 TSMC, Ltd 4 TSMC Property
Slide 6: Revenue by Technology
Unleash Innovation Revenue by Technology © 2025 TSMC, Ltd 5 TSMC Property
Slide 7: 4Q24 Revenue by Platform
Unleash Innovation 4Q24 Revenue by Platform © 2025 TSMC, Ltd 6 TSMC Property
Slide 8: 2024 Revenue by Platform
Unleash Innovation 2024 Revenue by Platform © 2025 TSMC, Ltd 7 TSMC Property
Slide 9: Balance Sheets & Key Indices
Unleash Innovation Balance Sheets & Key Indices Selected Items from Balance Sheets 4Q24 3Q24 4Q23 (In NT$ b illions) Amount % Amount % Amount % Cash & Marketable Securities 2,422.02 36.2% 2,167.60 35.2% 1,687.65 30.5% Accounts Receivable 272.09 4.1% 249.97 4.1% 201.94 3.7% Inventories 287.86 4.3% 29
Slide 10: Cash Flows
Unleash Innovation Cash Flows (In NT$ billions) 4Q24 3Q24 4Q23 Beginning Balance 1,886.78 1,799.13 1,311.81 Cash from operating activities 620.21 391.99 394.83 Capital expenditures (361.95) (207.08) (170.16) Cash dividends (103.73) (90.76) (77.80) Bonds payable (1.75) (5.25) 9.80 Investments and oth
Slide 11: 2024 Financial Highlights
Unleash Innovation 2024 Financial Highlights 2024 2023 YoY (In NT$ billions unless otherwise noted) Net Revenue (US$ billions) 90.08 69.30 +30.0% Net Revenue 2,894.31 2,161.74 +33.9% Gross Margin 56.1% 54.4% +1.7 ppts Operating Margin 45.7% 42.6% +3.1 ppts Income before Tax 1,405.84 979.17 +43.6% EP
Slide 12: Recap of Recent Major Events
Recap of Recent Major Events Unleash Innovation • TSMC 2024 Supply Chain Management Forum Presents Awards to Outstanding Suppliers (2024/12/02) • TSMC Marked a Significant Milestone in Sustainable Manufacturing with the Inauguration of the Taichung Zero Waste Manufacturing Center (2024/11/13) • TSMC
Slide 13: https://www.tsmc.com invest@tsmc.com
Unleash Innovation https://www.tsmc.com invest@tsmc.com © 2025 TSMC, Ltd 12 TSMC Property
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