Overview of TSMC’s Financial Achievement
TSMC, a leading semiconductor manufacturer, has recently unveiled its financial results for the third quarter ending September 30, 2024. The company reported a consolidated revenue of NT$759.69 billion (approximately US$23.50 billion). This denotes a year-over-year revenue growth of 39.0%, showcasing TSMC’s robust market position and operational excellence.
Net Income and Earnings Per Share Insights
The reported net income stands at NT$325.26 billion (around US$10.08 billion), reflecting a remarkable 54.2% increase compared to the previous year. Alongside this, the diluted earnings per share reached NT$12.54 (US$1.94 per ADR unit), reaffirming the company’s commitment to delivering substantial returns to its investors.
Quarterly Performance Highlights
When comparing the third quarter results to the immediate second quarter of 2024, TSMC recorded a 12.8% increase in revenue and a significant 31.2% rise in net income. The gross margin of 57.8%, combined with an operating margin of 47.5% and a net profit margin of 42.8%, reflects the efficiency and effectiveness of TSMC’s operational strategies.
For advanced technologies, those with 7-nanometer processes and beyond, TSMC saw an impressive contribution, accounting for 69% of total wafer revenue. In particular, shipments of 3-nanometer technology represented 20% of this total, while 5-nanometer and 7-nanometer technologies contributed 32% and 17%, respectively. These figures illustrate TSMC’s leadership in cutting-edge semiconductor technology.
