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TSMC Announces 2024 Financial Statement Differences Due to Accounting Standards

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TSMC Announces 2024 Financial Statement Differences Due to Accounting Standards

Confident Investing Starts Here:

An update from TSMC ( (TSM) ) is now available.

On April 17, 2025, TSMC announced the differences between its 2024 consolidated financial statements prepared under Taiwan-IFRSs and those prepared under IFRSs as issued by the IASB. The primary variance was the timing of the recognition of R.O.C. tax on unappropriated earnings. Under Taiwan-IFRSs, TSMC reported a net income of NT$1,173,268 million and basic earnings per share of NT$45.25, while under IASB standards, the net income was NT$1,158,380 million with earnings per share of NT$44.68. This announcement highlights the impact of differing accounting standards on financial reporting, which may influence stakeholders’ perception of the company’s financial health.

Spark’s Take on TSM Stock

According to Spark, TipRanks’ AI Analyst, TSM is a Outperform.

TSMC’s robust financial performance and positive earnings call guidance are significant strengths, indicating strong market demand and effective management. However, technical analysis suggests caution due to the current bearish trend, and valuation metrics suggest the stock is fairly priced given its growth prospects.

To see Spark’s full report on TSM stock, click here.

More about TSMC

Taiwan Semiconductor Manufacturing Company Limited (TSMC) operates in the semiconductor industry, specializing in the manufacturing and sales of integrated circuits and other semiconductor devices. TSMC is a leading player in the global semiconductor market, providing services to a wide range of industries, including consumer electronics, automotive, and telecommunications.

YTD Price Performance: -22.96%

Average Trading Volume: 18,508,718

Technical Sentiment Signal: Hold

Current Market Cap: $699.2B

Learn more about TSM stock on TipRanks’ Stock Analysis page.

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