Taiwan Semiconductor Manufacturing Co., Ltd. · TWSE:2330
Taiwan Semiconductor Manufacturing — Q2 2021 Earnings Presentation
11 slides from Taiwan Semiconductor Manufacturing's earnings presentation, Jul 15, 2021
Slide 1: 2021 Second Quarter Earnings Conference
Unleash Innovation Unleash Innovation 2021 Second Quarter Earnings Conference July 15, 2021 © 2021 TSMC, Ltd 0 TSMC Property
Slide 2: Agenda
Unleash Innovation Agenda • Welcome Jeff Su, IR Director • 2Q21 Financial Results and 3Q21 Outlook Wendell Huang, CFO • Key Messages C.C. Wei, CEO Wendell Huang, CFO Mark Liu, Chairman • Q&A © 2021 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 2Q21 2Q21 2Q21 2Q21 1Q21 2Q20 Over Over Guidance 1Q21 2Q20 (In NT$ billions unless otherwise noted) Net Revenue (US$ billions) 13.29 12.9-13.2 12.92 10.38 +2.9% +28.0% Net Revenue 372.15 362.
Slide 5: 2Q21 Revenue by Technology
Unleash Innovation 2Q21 Revenue by Technology 7nm and Below Revenue 0.11/0.13um 0.15/0.18um 3% 90nm 6% 65nm 3% 0.25um and above 5% 2% 40/45nm 7% 5nm 28nm 18% 11% 16nm 7nm 14% 31% 20nm 0% 10nm 0% © 2021 TSMC, Ltd 4 TSMC Property
Slide 6: 2Q21 Revenue by Platform
Unleash Innovation 2Q21 Revenue by Platform Automotive 4% DCE IoT 4% Others 8% 3% Smartphone HPC Smartphone 39% 42% Automotive © 2021 TSMC, Ltd 5 TSMC Property
Slide 7: Balance Sheets & Key Indices
Unleash Innovation Balance Sheets & Key Indices Selected Items from Balance Sheets 2Q21 1Q21 2Q20 (In NT$ b illions) Amount % Amount % Amount % Cash & Marketable Securities 870.84 28.2% 796.72 27.3% 605.02 24.7% Accounts Receivable 178.26 5.7% 167.48 5.7% 149.60 6.1% Inventories 170.44 5.5% 154.57 5
Slide 8: Cash Flows
Unleash Innovation Cash Flows (In NT$ billions) 2Q21 1Q21 2Q20 Beginning Balance 664.73 660.17 430.78 Cash from operating activities 187.44 227.82 170.34 Capital expenditures (166.97) (248.03) (126.70) Cash dividends (64.83) (64.83) (64.83) Short-term loans 3.55 52.07 32.23 Bonds payable 136.71 18.5
Slide 9: 3Q21 Guidance
Unleash Innovation 3Q21 Guidance Based on our current business outlook, management expects: ◼ Revenue to be between US$ 14.6 billion and US$ 14.9 billion And, based on the exchange rate assumption of 1 US dollar to 27.9 NT dollars, management expects: ◼ Gross profit margin to be between 49.5% and 51
Slide 10: Recap of Recent Major Events
Unleash Innovation Recap of Recent Major Events • TSMC, Hon Hai/YongLin Foundation Donate BNT Vaccine to Taiwan CDC for COVID-19 Epidemic Prevention (2021/07/12) • In Response to the COVID-19 Pandemic and Relevant Orders Issued by the Government, TSMC Board of Directors Approved a Change to the Date
Slide 11: https://www.tsmc.com invest@tsmc.com
Unleash Innovation https://www.tsmc.com invest@tsmc.com © 2021 TSMC, Ltd 10 TSMC Property
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