TSMC's fourth-quarter net profit was $6 billion, with 5nm revenue accounting for more than 20%

Jiwei Network news, at noon on January 13, chip foundry giant TSMC today released its financial report for the fourth quarter of fiscal 2021 as of December 31. According to the financial report, TSMC's fourth-quarter consolidated revenue was 438.189 billion yuan (NT$, the same below) (about 15.846 billion US dollars), an increase of 21.2% from 361.533 billion yuan in the same period of the previous year, and a record for the sixth consecutive quarter; net profit was 166.232 billion yuan (about 6.011 billion US dollars), an increase of 16.4% from 142.766 billion yuan in the same period of the previous year.

In the earnings report, TSMC also disclosed that their gross profit margin in the fourth quarter of last year was 52.7%, the operating profit margin was 41.7%, and the net profit margin was 37.9%, all lower than the same period last year, but slightly better than the previous quarter.

In the third quarter earnings report released on October 14 last year, TSMC's management expected fourth-quarter revenue of $15.4-15.7 billion, with gross profit margins ranging from 51% to 53%. In the end, their revenue exceeded the expected ceiling, and the gross profit margin also reached the expected, close to the expected ceiling.

Among them, 5nm process wafer shipments accounted for 23% of total wafer revenue; 7nm process wafer shipments accounted for 27% of total wafer revenue; advanced process (7nm and more advanced process) wafers accounted for 50% of total wafer revenue. (Proofreading | Arden）