IMOS vs TSM
Chipmos Technologies Inc. and Taiwan Semiconductor Manufacturing Co. Ltd., side by side — 10 fiscal years reported in TWD, drawn from SEC filings.
Most recent reported year
| Metric | IMOS | TSM |
|---|---|---|
| Revenue | TWD 22.7B | TWD 2.9T |
| Net income | TWD 1.4B | TWD 1.2T |
| Gross margin | 13.0% | 56.1% |
| Net margin | 6.3% | 40.0% |
| Return on equity | 5.8% | 30.2% |
| Diluted EPS | · | TWD 44.67 |
| Dividend / share | · | · |
| Payout ratio | 90.9% | 31.3% |
| Free cash flow | TWD 859.4M | TWD 870.2B |
| Equity | · | TWD 4.2T |
| Net debt / equity | −0.06× | · |
| Current ratio | 2.71× | 2.36× |
| Revenue CAGR 5y | 2.2% | 22.0% |
| Profit CAGR 5y | −10.5% | 26.8% |
TSM bills 127.5× the revenue of IMOS, and keeps more of each dollar of revenue as profit (40.0% against 6.3%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | IMOS | TSM |
|---|---|---|
| FY2024 | TWD 22.7B | TWD 2.9T |
| FY2023 | TWD 21.4B | TWD 2.2T |
| FY2022 | TWD 23.5B | TWD 2.3T |
| FY2021 | TWD 27.4B | TWD 1.6T |
| FY2020 | TWD 23.0B | TWD 1.3T |
| FY2019 | TWD 20.3B | TWD 1.1T |
| FY2018 | TWD 18.5B | TWD 1.0T |
| FY2017 | TWD 17.9B | TWD 977.4B |
| FY2016 | TWD 18.4B | TWD 947.9B |
| FY2015 | TWD 18.8B | TWD 843.5B |
Bottom line
| Fiscal year | IMOS | TSM |
|---|---|---|
| FY2024 | TWD 1.4B | TWD 1.2T |
| FY2023 | TWD 2.0B | TWD 851.7B |
| FY2022 | TWD 3.4B | TWD 992.9B |
| FY2021 | TWD 4.9B | TWD 592.4B |
| FY2020 | TWD 2.4B | TWD 510.7B |
| FY2019 | TWD 2.5B | TWD 353.9B |
| FY2018 | TWD 1.3B | TWD 363.1B |
| FY2017 | TWD 2.8B | TWD 345.0B |
| FY2016 | TWD 1.4B | TWD 331.7B |
| FY2015 | TWD 1.8B | TWD 302.9B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | −TWD 2,871,611,791,000 | TSM |
| FY2023 | −TWD 2,140,379,572,000 | TSM |
| FY2022 | −TWD 2,240,374,236,000 | TSM |
| FY2021 | −TWD 1,560,014,965,000 | TSM |
| FY2020 | −TWD 1,316,243,419,000 | TSM |
| FY2019 | −TWD 1,049,647,519,000 | TSM |
| FY2018 | −TWD 1,012,993,573,000 | TSM |
| FY2017 | −TWD 959,506,345,000 | TSM |
| FY2016 | −TWD 929,550,707,000 | TSM |
| FY2015 | −TWD 824,660,311,000 | TSM |
TSM has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | −33.7 pp | TSM |
| FY2023 | −30.2 pp | TSM |
| FY2022 | −29.2 pp | TSM |
| FY2021 | −19.3 pp | TSM |
| FY2020 | −27.8 pp | TSM |
| FY2019 | −20.8 pp | TSM |
| FY2018 | −28.0 pp | TSM |
| FY2017 | −19.7 pp | TSM |
| FY2016 | −27.4 pp | TSM |
| FY2015 | −25.9 pp | TSM |
TSM has kept the higher net margin in every one of these 10 fiscal years.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
IMOS's net margin has been more volatile than TSM's over the 10 comparable fiscal years — 3.7 percentage points of standard deviation against 3.0.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
TSM led in net margin in every one of the 10 comparable fiscal years — a structural lead, not a recent swing.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
IMOS's return on equity has been more volatile than TSM's over the 10 comparable fiscal years — 4.8 percentage points of standard deviation against 4.8.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
TSM led in return on equity in every one of the 10 comparable fiscal years — a structural lead, not a recent swing.
10 of 10 comparable fiscal years — a year missing data on either side is not counted.