A thin film chip electronic component, and more particularly, a thin film power inductor includes a body including a support member including a through hole, an inner coil supported by the support member in a thickness direction, and a magnetic material sealing the support member and the inner coil; and a plurality of external electrodes disposed on an external surface of the body. The inner coil includes a coil body and first and second end portions. Each of the first and second end portions includes a connection portion extending from the coil body and a contact portion extending from the connection portion, the connection portion being a portion that changes a winding direction of the coil body, and the contact portion is directly connected to one of the plurality of external electrodes.