Taiwan Semiconductor Manufacturing Co. Ltd. (2330) - Net Assets
Based on the latest financial reports, Taiwan Semiconductor Manufacturing Co. Ltd. (2330) has net assets worth NT$5.46 Trillion TWD (≈ $172.04 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$7.93 Trillion ≈ $249.93 Billion USD) and total liabilities (NT$2.47 Trillion ≈ $77.89 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$5.46 Trillion |
| % of Total Assets | 68.84% |
| Annual Growth Rate | 16.26% |
| 5-Year Change | 153.79% |
| 10-Year Change | 301.57% |
| Growth Volatility | 16.29 |
Taiwan Semiconductor Manufacturing Co. Ltd. - Net Assets Trend (1997–2025)
This chart illustrates how Taiwan Semiconductor Manufacturing Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Taiwan Semiconductor Manufacturing Co. Ltd. (1997–2025)
The table below shows the annual net assets of Taiwan Semiconductor Manufacturing Co. Ltd. from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$5.46 Trillion ≈ $172.04 Billion |
+27.61% |
| 2024-12-31 | NT$4.28 Trillion ≈ $134.82 Billion |
+23.90% |
| 2023-12-31 | NT$3.45 Trillion ≈ $108.82 Billion |
+18.37% |
| 2022-12-31 | NT$2.92 Trillion ≈ $91.93 Billion |
+35.61% |
| 2021-12-31 | NT$2.15 Trillion ≈ $67.79 Billion |
+17.21% |
| 2020-12-31 | NT$1.84 Trillion ≈ $57.84 Billion |
+13.71% |
| 2019-12-31 | NT$1.61 Trillion ≈ $50.86 Billion |
-2.81% |
| 2018-12-31 | NT$1.66 Trillion ≈ $52.33 Billion |
+11.15% |
| 2017-12-31 | NT$1.49 Trillion ≈ $47.08 Billion |
+9.90% |
| 2016-12-31 | NT$1.36 Trillion ≈ $42.84 Billion |
+13.80% |
| 2015-12-31 | NT$1.19 Trillion ≈ $37.65 Billion |
+16.88% |
| 2014-12-31 | NT$1.02 Trillion ≈ $32.21 Billion |
+22.57% |
| 2013-12-31 | NT$834.11 Billion ≈ $26.28 Billion |
+16.89% |
| 2012-12-31 | NT$713.59 Billion ≈ $22.48 Billion |
+13.76% |
| 2011-12-31 | NT$627.26 Billion ≈ $19.76 Billion |
+8.39% |
| 2010-12-31 | NT$578.70 Billion ≈ $18.23 Billion |
+15.96% |
| 2009-12-31 | NT$499.05 Billion ≈ $15.72 Billion |
+3.89% |
| 2008-12-31 | NT$480.37 Billion ≈ $15.13 Billion |
-2.11% |
| 2007-12-31 | NT$490.72 Billion ≈ $15.46 Billion |
+9.62% |
| 2006-12-31 | NT$447.66 Billion ≈ $14.10 Billion |
+0.02% |
| 2005-12-31 | NT$447.57 Billion ≈ $14.10 Billion |
+11.98% |
| 2004-12-31 | NT$399.68 Billion ≈ $12.59 Billion |
+21.57% |
| 2003-12-31 | NT$328.76 Billion ≈ $10.36 Billion |
+10.90% |
| 2002-12-31 | NT$296.45 Billion ≈ $9.34 Billion |
+3.18% |
| 2001-12-31 | NT$287.32 Billion ≈ $9.05 Billion |
+9.63% |
| 2000-12-31 | NT$262.08 Billion ≈ $8.26 Billion |
+63.68% |
| 1999-12-31 | NT$160.12 Billion ≈ $5.04 Billion |
+71.03% |
| 1998-12-31 | NT$93.62 Billion ≈ $2.95 Billion |
+16.32% |
| 1997-12-31 | NT$80.49 Billion ≈ $2.54 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Taiwan Semiconductor Manufacturing Co. Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 19685.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.71 Trillion | 86.82% |
| Common Stock | NT$259.32 Billion | 4.78% |
| Other Comprehensive Income | NT$471.88 Billion | 8.71% |
| Total Equity | NT$5.42 Trillion | 100.00% |
Taiwan Semiconductor Manufacturing Co. Ltd. Competitors by Market Cap
The table below lists competitors of Taiwan Semiconductor Manufacturing Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alphabet Inc Class C
NASDAQ:GOOG
|
$1.86 Trillion |
|
Alphabet Inc Class A
NASDAQ:GOOGL
|
$2.01 Trillion |
|
Amazon.com Inc
NASDAQ:AMZN
|
$2.51 Trillion |
|
Microsoft Corporation
NASDAQ:MSFT
|
$2.78 Trillion |
|
Broadcom Inc
NASDAQ:AVGO
|
$1.68 Trillion |
|
Meta Platforms Inc.
NASDAQ:META
|
$1.48 Trillion |
|
Meta Platforms Inc.
SA:M1TA34
|
$1.41 Trillion |
|
Tesla Inc
NASDAQ:TSLA
|
$1.29 Trillion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taiwan Semiconductor Manufacturing Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,244,266,500,000 to 5,419,596,000,000, a change of 1,175,329,500,000 (27.7%).
- Net income of 1,717,883,000,000 contributed positively to equity growth.
- Dividend payments of 466,779,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 431,463,874,000.
- Other factors decreased equity by 507,238,374,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.72 Trillion | +31.7% |
| Dividends Paid | NT$466.78 Billion | -8.61% |
| Other Comprehensive Income | NT$431.46 Billion | +7.96% |
| Other Changes | NT$-507.24 Billion | -9.36% |
| Total Change | NT$- | 27.69% |
Book Value vs Market Value Analysis
This analysis compares Taiwan Semiconductor Manufacturing Co. Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 10.45x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 609.17x to 10.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | NT$3.59 | NT$2185.00 | x |
| 1998-12-31 | NT$4.23 | NT$2185.00 | x |
| 1999-12-31 | NT$7.55 | NT$2185.00 | x |
| 2000-12-31 | NT$10.72 | NT$2185.00 | x |
| 2001-12-31 | NT$10.68 | NT$2185.00 | x |
| 2002-12-31 | NT$11.70 | NT$2185.00 | x |
| 2003-12-31 | NT$12.83 | NT$2185.00 | x |
| 2004-12-31 | NT$15.65 | NT$2185.00 | x |
| 2005-12-31 | NT$17.08 | NT$2185.00 | x |
| 2006-12-31 | NT$16.76 | NT$2185.00 | x |
| 2007-12-31 | NT$18.02 | NT$2185.00 | x |
| 2008-12-31 | NT$18.16 | NT$2185.00 | x |
| 2009-12-31 | NT$19.11 | NT$2185.00 | x |
| 2010-12-31 | NT$22.15 | NT$2185.00 | x |
| 2011-12-31 | NT$24.10 | NT$2185.00 | x |
| 2012-12-31 | NT$27.42 | NT$2185.00 | x |
| 2013-12-31 | NT$32.16 | NT$2185.00 | x |
| 2014-12-31 | NT$39.42 | NT$2185.00 | x |
| 2015-12-31 | NT$46.05 | NT$2185.00 | x |
| 2016-12-31 | NT$52.41 | NT$2185.00 | x |
| 2017-12-31 | NT$57.61 | NT$2185.00 | x |
| 2018-12-31 | NT$64.03 | NT$2185.00 | x |
| 2019-12-31 | NT$62.23 | NT$2185.00 | x |
| 2020-12-31 | NT$70.76 | NT$2185.00 | x |
| 2021-12-31 | NT$82.89 | NT$2185.00 | x |
| 2022-12-31 | NT$111.96 | NT$2185.00 | x |
| 2023-12-31 | NT$132.26 | NT$2185.00 | x |
| 2024-12-31 | NT$163.68 | NT$2185.00 | x |
| 2025-12-31 | NT$209.00 | NT$2185.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taiwan Semiconductor Manufacturing Co. Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 31.70%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 45.10%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.46x
- Recent ROE (31.70%) is above the historical average (22.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 25.87% | 40.89% | 0.35x | 1.80x | NT$11.05 Billion |
| 1998 | 18.25% | 30.43% | 0.36x | 1.67x | NT$6.92 Billion |
| 1999 | 15.42% | 30.83% | 0.32x | 1.54x | NT$8.27 Billion |
| 2000 | 24.87% | 39.17% | 0.45x | 1.42x | NT$38.93 Billion |
| 2001 | 5.23% | 11.12% | 0.33x | 1.41x | NT$-13.24 Billion |
| 2002 | 7.30% | 13.31% | 0.42x | 1.32x | NT$-8.00 Billion |
| 2003 | 14.35% | 23.27% | 0.50x | 1.24x | NT$14.30 Billion |
| 2004 | 23.14% | 35.89% | 0.51x | 1.25x | NT$52.49 Billion |
| 2005 | 21.00% | 35.10% | 0.51x | 1.17x | NT$49.16 Billion |
| 2006 | 28.41% | 40.01% | 0.53x | 1.33x | NT$82.28 Billion |
| 2007 | 22.42% | 33.84% | 0.57x | 1.17x | NT$60.49 Billion |
| 2008 | 20.98% | 30.00% | 0.60x | 1.17x | NT$52.30 Billion |
| 2009 | 18.02% | 30.17% | 0.50x | 1.20x | NT$39.71 Billion |
| 2010 | 28.15% | 38.52% | 0.58x | 1.25x | NT$104.19 Billion |
| 2011 | 21.48% | 31.43% | 0.55x | 1.25x | NT$71.72 Billion |
| 2012 | 22.43% | 31.47% | 0.53x | 1.35x | NT$88.38 Billion |
| 2013 | 22.06% | 30.82% | 0.47x | 1.51x | NT$100.59 Billion |
| 2014 | 24.88% | 33.34% | 0.51x | 1.46x | NT$152.08 Billion |
| 2015 | 25.36% | 35.90% | 0.51x | 1.39x | NT$183.45 Billion |
| 2016 | 24.41% | 34.99% | 0.50x | 1.39x | NT$195.81 Billion |
| 2017 | 23.10% | 35.30% | 0.49x | 1.33x | NT$195.62 Billion |
| 2018 | 21.86% | 35.20% | 0.49x | 1.26x | NT$197.01 Billion |
| 2019 | 21.93% | 33.08% | 0.47x | 1.40x | NT$192.58 Billion |
| 2020 | 27.84% | 38.14% | 0.49x | 1.50x | NT$327.26 Billion |
| 2021 | 27.56% | 37.32% | 0.43x | 1.73x | NT$377.43 Billion |
| 2022 | 34.20% | 43.86% | 0.46x | 1.71x | NT$702.62 Billion |
| 2023 | 24.45% | 38.79% | 0.39x | 1.61x | NT$495.55 Billion |
| 2024 | 27.29% | 40.02% | 0.43x | 1.58x | NT$733.95 Billion |
| 2025 | 31.70% | 45.10% | 0.48x | 1.46x | NT$1.18 Trillion |
Industry Comparison
This section compares Taiwan Semiconductor Manufacturing Co. Ltd.'s net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $49,115,453,111
- Average return on equity (ROE) among peers: 4.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | NT$5.46 Trillion | 25.87% | 0.45x | $1.79 Trillion |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $18.37 Million |
| United Microelectronics Corporation (2303) | $235.77 Billion | 9.70% | 0.60x | $29.55 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $12.85 Billion | 0.00% | 1.41x | $1.15 Billion |
| Macronix International Co Ltd (2337) | $43.14 Billion | -2.01% | 0.66x | $7.71 Billion |
| Optotech Corp (2340) | $7.93 Billion | -6.43% | 0.89x | $508.35 Million |
| Mosel Vitelic Inc (2342) | $17.62 Billion | 1.40% | 0.22x | $156.83 Million |
| Winbond Electronics Corp (2344) | $78.11 Billion | 0.00% | 0.35x | $12.50 Billion |
| Silicon Integrated Systems Corp (2363) | $18.37 Billion | 0.00% | 0.92x | $892.37 Million |
| Realtek Semiconductor Corp (2379) | $27.23 Billion | 24.94% | 1.70x | $8.75 Billion |
About Taiwan Semiconductor Manufacturing Co. Ltd.
Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides various wafer fabrication processes, such as processes to manufacture complementary metal- oxide-semiconductor (… Read more