TSMC(TSM)2024-04-18 05:31Revenue and Profit - Net revenue for Q1 2024 was 10.015 billion (NTD 314.505 billion), representing a 53.1% gross margin, down 5.2% QoQ but up 9.8% YoY[2] - Net income for Q1 2024 was 0.28 (NTD 8.70), down 5.5% QoQ but up 8.9% YoY[2] - Comprehensive income for Q1 2024 was 53.074 billion (NTD 1.698 trillion) as of March 31, 2024, a 15.9% increase compared to December 31, 2023[1] - Total assets increased to 76.656 billion (NTD 2.453 trillion) as of March 31, 2024, up 11.8% QoQ and 22.9% YoY[1] - Cash and Cash Equivalents at End of Period reached NTD 1,698,196 million in 1Q 2024, up 22.6% YoY from NTD 1,385,233 million in 1Q 2023[4] Liabilities and Financing - Total liabilities stood at 1.468 billion (NTD 46.109 billion), a 17.8% YoY increase but an 8.5% QoQ decrease[2] Cash Flow and Investments - Net Cash Generated by Operating Activities in 1Q 2024 was NTD 436,311 million, an increase of 10.5% compared to 1Q 2023 (NTD 385,245 million)[4] - Net Cash Used in Investing Activities in 1Q 2024 was NTD 159,807 million, a decrease of 41.3% from NTD 272,232 million in 1Q 2023[4] - Acquisitions of Property, Plant and Equipment decreased to NTD 181,305 million in 1Q 2024, down 40.1% from NTD 302,499 million in 1Q 2023[4] - Proceeds from Disposal or Redemption of Marketable Financial Instruments were NTD 50,224 million in 1Q 2024, slightly lower than NTD 51,050 million in 1Q 2023[4] - Effect of Exchange Rate Changes on Cash and Cash Equivalents was positive at NTD 27,949 million in 1Q 2024, compared to a negative NTD 6,107 million in 1Q 2023[4] Depreciation and Amortization - Depreciation & Amortization increased to NTD 159,023 million in 1Q 2024, a 44.1% rise compared to NTD 110,323 million in 1Q 2023[4]