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Semiconductor Manufacturing International Corporation logo

Semiconductor Manufacturing International Corporation

0981.HK

HKSETechnologySemiconductors

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Latest quote

HK$66.75

−HK$5.75 · -7.93%

Aug 24, 4:08 PM HKT

0981.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Semiconductor Manufacturing International Corporation operates as an investment holding entity, primarily focused on the computer-aided design, production, evaluation, assembly, and distribution of integrated circuits (ICs). Its market presence extends across North America, China, the wider Asian region, Hong Kong, and Eurasia. The company also engages in the technical research, development, manufacturing, and sale of semiconductor masks, in addition to offering semiconductor foundry and technological services. Furthermore, it is involved in the construction, operation, and management of residential accommodations. SMIC provides comprehensive 'one-stop' support, encompassing design, intellectual property assistance, and photomask manufacturing, alongside marketing and private educational services. Incorporated in 2000, its corporate headquarters are situated in Shanghai, People's Republic of China.

Industry
Semiconductors
Sector
Technology
Headquarters
CN
CEO
Haijun Zhao
Listed since
Mar 18, 2004
Employees
19,952

Market position

Day range

Current HK$66.75

52-week range

Current HK$66.75

Open
HK$72.45
Previous close
HK$72.50
Volume
127.67M
1.01× average
Average volume
126.13M
Average daily volume
Market cap
675.39B HKD
Beta
0.35
Market reference 1
50-day average
HK$73.555
-9.25% below average
200-day average
HK$69.9475
-4.57% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
143.06×
P/B (TTM)
5.75×
P/S (TTM)
9.87×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
21.17%
Operating margin
11.15%
Net margin
9.94%

Financial health

Debt / equity
0.56×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends41%28%15%2%Gross margin, FY2021: 30.79%Gross margin, FY2022: 37.97%Gross margin, FY2023: 19.26%Gross margin, FY2024: 18.03%Gross margin, FY2025: 20.98%Operating margin, FY2021: 25.58%Operating margin, FY2022: 25.24%Operating margin, FY2023: 5.66%Operating margin, FY2024: 5.90%Operating margin, FY2025: 11.90%Net margin, FY2021: 31.27%Net margin, FY2022: 24.99%Net margin, FY2023: 14.28%Net margin, FY2024: 6.14%Net margin, FY2025: 7.35%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 30.79%. Gross margin FY2022 37.97%. Gross margin FY2023 19.26%. Gross margin FY2024 18.03%. Gross margin FY2025 20.98%. Operating margin FY2021 25.58%. Operating margin FY2022 25.24%. Operating margin FY2023 5.66%. Operating margin FY2024 5.90%. Operating margin FY2025 11.90%. Net margin FY2021 31.27%. Net margin FY2022 24.99%. Net margin FY2023 14.28%. Net margin FY2024 6.14%. Net margin FY2025 7.35%.

Income trends

Revenue

9.33B HKD+16.15%

Operating income

1.11B HKD+134.21%

Net income

685.13M HKD+39.04%
Income trends across reported periods10.22B HKD6.64B HKD3.05B HKD−539.16M HKDRevenue, FY2021: 5.44B HKDRevenue, FY2022: 7.27B HKDRevenue, FY2023: 6.32B HKDRevenue, FY2024: 8.03B HKDRevenue, FY2025: 9.33B HKDOperating income, FY2021: 1.39B HKDOperating income, FY2022: 1.84B HKDOperating income, FY2023: 357.75M HKDOperating income, FY2024: 473.9M HKDOperating income, FY2025: 1.11B HKDNet income, FY2021: 1.7B HKDNet income, FY2022: 1.82B HKDNet income, FY2023: 902.53M HKDNet income, FY2024: 492.75M HKDNet income, FY2025: 685.13M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 5.44B HKD. Revenue FY2022 7.27B HKD. Revenue FY2023 6.32B HKD. Revenue FY2024 8.03B HKD. Revenue FY2025 9.33B HKD. Operating income FY2021 1.39B HKD. Operating income FY2022 1.84B HKD. Operating income FY2023 357.75M HKD. Operating income FY2024 473.9M HKD. Operating income FY2025 1.11B HKD. Net income FY2021 1.7B HKD. Net income FY2022 1.82B HKD. Net income FY2023 902.53M HKD. Net income FY2024 492.75M HKD. Net income FY2025 685.13M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue9.33B HKD8.03B HKD6.32B HKD7.27B HKD5.44B HKD
Cost of goods sold7.37B HKD6.58B HKD5.1B HKD4.51B HKD3.77B HKD
Gross profit1.96B HKD1.45B HKD1.22B HKD2.76B HKD1.68B HKD
Research and development773.63M HKD765.28M HKD707.28M HKD733.1M HKD638.84M HKD
Selling, general, and administrative569.2M HKD619.89M HKD518.42M HKD527.56M HKD303.35M HKD
Operating expenses846.66M HKD974.07M HKD860M HKD925.97M HKD283.21M HKD
Interest income396.38M HKD4.26B HKD736.59M HKD349.14M HKD223.04M HKD
Interest expense373.08M HKD2.32B HKD209.42M HKD125.58M HKD110.14M HKD
Depreciation and amortization3.78B HKD3.22B HKD2.67B HKD2.27B HKD1.87B HKD
Operating income1.11B HKD473.9M HKD357.75M HKD1.84B HKD1.39B HKD
Net income685.13M HKD492.75M HKD902.53M HKD1.82B HKD1.7B HKD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 6 misses, 2 met estimates
Average EPS surprise
-1.00%
11 comparable reports
Latest EPS result
0.47
Estimate 0.28 · Beat by 65.31%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.510.360.210.07Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 0.078, estimate 0.197, surprise -60.57%, Miss. Q2 2025, reported May 8, 2025: actual 0.156, estimate 0.229, surprise -31.91%, Miss. Q3 2025, reported Aug 6, 2025: actual 0.157, estimate 0.151, surprise +3.84%, Beat. Q4 2025, reported Nov 13, 2025: actual 0.155, estimate 0.183, surprise -15.27%, Miss. Q1 2026, reported Feb 10, 2026: actual 0.156, estimate 0.183, surprise -14.36%, Miss. Q2 2026, reported May 14, 2026: actual 0.157, estimate 0.208, surprise -24.82%, Miss. Q3 2026, reported Aug 13, 2026: actual 0.471, estimate 0.285, surprise +65.31%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 0.402, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates25.39B22.24B19.09B15.94BQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 17.15B HKD, estimate 17.07B HKD, surprise +0.44%, Beat. Q2 2025, reported May 8, 2025: actual 17.46B HKD, estimate 18.37B HKD, surprise -4.94%, Miss. Q3 2025, reported Aug 6, 2025: actual 17.34B HKD, estimate 16.91B HKD, surprise +2.51%, Beat. Q4 2025, reported Nov 13, 2025: actual 18.51B HKD, estimate 18.25B HKD, surprise +1.45%, Beat. Q1 2026, reported Feb 10, 2026: actual 19.45B HKD, estimate 18.83B HKD, surprise +3.28%, Beat. Q2 2026, reported May 14, 2026: actual 19.62B HKD, estimate 19.73B HKD, surprise -0.58%, Miss. Q3 2026, reported Aug 13, 2026: actual 23.58B HKD, estimate 22.51B HKD, surprise +4.78%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 24.42B HKD, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Dec 7, 2016

1:10

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