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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 674B | 13.6% |
Gross Profit | 358B | 13.9% |
Cost of Revenue | 315B | 13.4% |
Operating expense | 70.3B | 7.6% |
Net Income | 248B | 9.9% |
EBITDA | 453B | 11% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 5,982B | 3.4% |
Total Liabilities | 2,162B | 1.9% |
Total Equity | 3,791B | 4.3% |
Shares Outstanding | 5.19B | 0% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 378B | 16.2% |
Cash from financing | -90.2B | 18.1% |
EPS
Financial Highlights for TSMC in Q2 '24
TSMC reported a revenue of 674B, which is a 13.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 358B, marking a 13.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 315B, a 13.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 70.3B, showing a 7.6% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 248B, showing a 9.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 453B, showing a 11% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for TSMC with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.