Taiwan Semiconductor Manufacturing Co., Ltd. · TWSE:2330
Taiwan Semiconductor Manufacturing — Q3 2022 Earnings Presentation
11 slides from Taiwan Semiconductor Manufacturing's earnings presentation, Oct 13, 2022
Slide 1: 2022 Third Quarter Earnings Conference
Unleash Innovation Unleash Innovation 2022 Third Quarter Earnings Conference October 13, 2022 © 2022 TSMC, Ltd 0 TSMC Property
Slide 2: Agenda
Unleash Innovation Agenda • Welcome Jeff Su, IR Director • 3Q22 Financial Results and 4Q22 Outlook Wendell Huang, CFO • Key Messages Wendell Huang, CFO C.C. Wei, CEO • Q&A © 2022 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
Statements of Comprehensive Income Unleash Innovation Selected Items from Statements of Comprehensive Income 3Q22 3Q22 3Q22 3Q22 2Q22 3Q21 Over Over Guidance 2Q22 3Q21 (In NT$ billions unless otherwise noted) Net Revenue (US$ billions) 20.23 19.8-20.6 18.16 14.88 +11.4% +35.9% Net Revenue 613.14 534
Slide 5: 3Q22 Revenue by Technology
3Q22 Revenue by Technology Unleash Innovation © 2022 TSMC, Ltd 4 TSMC Property
Slide 6: 3Q22 Revenue by Platform
3Q22 Revenue by Platform Unleash Innovation © 2022 TSMC, Ltd 5 TSMC Property
Slide 7: Balance Sheets & Key Indices
Balance Sheets & Key Indices Unleash Innovation Selected Items from Balance Sheets 3Q22 2Q22 3Q21 (In NT$ b illions) Amount % Amount % Amount % Cash & Marketable Securities 1,498.87 32.3% 1,425.57 32.8% 975.82 29.2% Accounts Receivable 261.54 5.6% 222.07 5.1% 187.17 5.6% Inventories 218.34 4.7% 217.
Slide 8: Cash Flows
Cash Flows Unleash Innovation (In NT$ billions) 3Q22 2Q22 3Q21 Beginning Balance 1,253.19 1,151.59 747.98 Cash from operating activities 412.70 338.85 318.71 Capital expenditures (265.97) (217.73) (188.64) Cash dividends (71.30) (71.31) (64.83) Short-term loans (116.01) (26.48) (18.09) Bonds payable
Slide 9: 4Q22 Guidance
4Q22 Guidance Unleash Innovation Based on our current business outlook, management expects: ◼ Revenue to be between US$ 19.9 billion and US$ 20.7 billion And, based on the exchange rate assumption of 1 US dollar to 31.5 NT dollars, management expects: ◼ Gross profit margin to be between 59.5% and 61
Slide 10: Recap of Recent Major Events
Unleash Innovation Recap of Recent Major Events • TSMC Board of Directors Approved the Issuance of US Dollar-Denominated Senior Unsecured Corporate Bonds for an Amount Not to Exceed US$4 Billion to Finance TSMC’s Capacity Expansion (2022/08/09) • TSMC Board of Directors Approved NT$2.75 Cash Dividen
Slide 11: https://www.tsmc.com invest@tsmc.com
Unleash Innovation https://www.tsmc.com invest@tsmc.com © 2022 TSMC, Ltd 10 TSMC Property
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