Radar Financial Articles 丨 Edited by Liang Chunfu | Deep Sea
Recently, the quarterly report disclosed by TSMC, the world's largest chip foundry, showed that consolidated revenue for the first quarter of 2021 was NT$362.41 billion (approximately RMB 83.5 billion), up 16.7% year on year; net profit was NT$139.7 billion (approximately RMB 32.2 billion), up 19.4% year on year.
In addition, TSMC raised its capital expenditure for 2021, which is expected to be $30 billion, compared to the previous forecast of $25 billion to $28 billion. In early April, TSMC also stated that it will invest 100 billion US dollars over the next three years to expand semiconductor manufacturing and research and development capabilities for new technologies, and announced plans to build a factory in Arizona, USA.
Behind the increase in capital expenditure is the continued shortage and price increase of global semiconductor chips. TSMC expects the business growth rate to be around 20% in 2021.
Is the global core shortage a “litmus test” opportunity or a severe test for semiconductor companies in mainland China?
Earn 358 million yuan a day
TSMC announces sales for the previous month at the beginning of every month, and the financial data is relatively more open and transparent. Therefore, it is almost a clear sign that the results for the first quarter of 2021 exceeded market expectations.
According to financial reports, TSMC's consolidated revenue for the first quarter was about 83.5 billion yuan, up 16.7% year on year, up 0.2% month on month; net profit was about 32.2 billion yuan, up 19.4% year on year. According to this calculation, this is equivalent to TSMC's daily earnings of about 358 million yuan...