Semiconductor Manufacturing International Corporation (HKG:0981)
Hong Kong
· Delayed Price · Currency is HKD | Market Cap | 518.95B |
| Revenue (ttm) | 58.28B |
| Net Income (ttm) | 4.35B |
| Shares Out | 7.98B |
| EPS (ttm) | 0.54 |
| PE Ratio | 96.32 |
| Forward PE | 64.59 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 87,569,642 |
| Average Volume | 173,160,170 |
| Open | 53.70 |
| Previous Close | 53.30 |
| Day's Range | 51.40 - 54.35 |
| 52-Week Range | 14.02 - 59.70 |
| Beta | 0.16 |
| RSI | 55.07 |
| Earnings Date | Feb 11, 2025 |
About HKG:0981
Semiconductor Manufacturing International Corporation, an investment holding company, engages in the manufacture, testing, and sale of integrated circuits in the United States, China, and Eurasia. The company is involved in the manufacturing and trading of semiconductor products; research and development activities; provision of semiconductor foundry and technology services; and construction, operation, and management of living quarters. It also offers design, development, and technical services related to integrated circuits; one-stop supporti... [Read more]
Financial Performance
In 2023, HKG:0981's revenue was $6.32 billion, a decrease of -13.09% compared to the previous year's $7.27 billion. Earnings were $902.53 million, a decrease of -50.35%.
Financial numbers in USD Financial StatementsNews
Huawei reportedly acquired two million Ascend 910 AI chips from TSMC last year through shell companies
According to CSIS, Huawei has millions of AI chips from SMIC despite yield problems.
DeepSeek hype and geopolitics make this Chinese chipmaker one of Hong Kong’s best performing stocks
Semiconductor Manufacturing International Corporation (SMIC) is up over 75% for the year so far, making it one of the Hang Seng's best performing stocks.
Trump's admin is seeking to further tighten chip controls on China
Bloomberg reporting (gated) - in brief: Trump's admin seeking to further tighten chip controls on China Pushing for Japan and Netherlands to align on US China restrictions Considering tighter controls...
Chipmaker SMIC posts 45% profit slump in 2024 amid US-China trade tensions
China’s top semiconductor manufacturer saw its annual profit last year hit US$492.7 million, down from US$902.5 million in 2023.
SMIC optimistic about growth prospects
Conglomerate SM Investments Corp. (SMIC), the holding firm of the Sy family, on Tuesday said it is confident on its long-term growth trajectory, driven by a resilient consumption-led economy, synergie...
SMIC Quarterly Profit Falls, Expects Continued Revenue Growth
China's SMIC Q4 profit slumps 38.4%, misses estimates despite revenue growth
Semiconductor Manufacturing International Corp , China's largest contract chipmaker, reported a 38.4% year-on-year fall in fourth-quarter profit.
Earnings To Watch: Semiconductor Manufacturing International Corp (HKSE:00981) Reports Q4 2024 ...
Earnings To Watch: Semiconductor Manufacturing International Corp (HKSE:00981) Reports Q4 2024 Result
Hong Kong stocks tumble by most in a month on Trump’s China tariffs
Baidu, Li Auto and Galaxy Entertainment all lose more than 5 per cent, while gains by SMIC and Alibaba limit the benchmark’s fall.
Can Chinese chips beat Taiwan in the global tech race?
SMIC’s stock rally shows – at least to mainland investors – that China can build a self-sufficient semiconductor ecosystem. But the reality could be different.
SMIC leads Hong Kong rally after Trump changes tune on TikTok ban in the US
President-elect’s softening stance on the Chinese video app may lead to improvement in US-China ties.
Republican China panel chair slams US chip curbs for Huawei ‘loopholes’
The rules effectively deny all shipments to SMIC’s facility in Beijing, but allow ‘case-by-case’ sales of specific items to SMIC in Shanghai.
SMIC gets UN award for transparency and reporting
SM Investments Corp. (SMIC) on Tuesday said it was recognized as one of the leaders in transparency and reporting during the 2024 Philippines Women’s Empowerment Principles (WEP) Awards of the United ...
Huawei To Reportedly Take On Nvidia With Mass Production Of New AI Chips By 2025 Amid US Restrictions
Huawei Technologies Co., Ltd. is set to initiate mass production of its latest AI chip, the Ascend 910C, in early 2025, despite facing significant hurdles due to U.S. trade restrictions. What Happened...
SMIC stock surges 120% amid China's push for chip self-reliance
Semiconductor Manufacturing International Corp. (SMIC), China's largest outsourced chipmaker, has experienced a dramatic 120% rise in its Shanghai-listed stock over the past two months. The surge high...
SMIC’s Nvidia-Beating 120% Stock Rally Faces Chip War Threats
Semiconductor Manufacturing International Corp.’s stock has more than doubled over the past two months on an expected boost from China’s self-reliance push, even amid risks tied to competition and geo...
China’s top chip packaging firm sees major board shake-up
Former SMIC chairman Gao Yonggang has resigned from JCET’s board after China Resources became the firm’s largest shareholder.
SMIC: Strong performance of banking units lifts profits
SM Investments Corp. (SMIC), the Sy-led conglomerate, said its net income in January to September expanded by 9 percent to P60.9 billion from P55.9 billion last year.
US chip restrictions hinder AI ambitions of China’s top chip foundry, CEO says
SMIC co-CEO Zhao Haijun said the foundry can still benefit from rising demand for less advanced ‘legacy chips’ required for some AI products.
Tech war: China’s top chip foundry SMIC posts record revenue despite US sanction warning
The Shanghai -based chipmaker reported a 34 per cent year-on-year increase in third-quarter revenue to US$2.17 billion.
SMIC Q3 profit jumps 58% but misses estimates
China's largest chipmaker Semiconductor Manufacturing International Corp reported its net profit increased 58.3% for the third quarter of 2024.
US lawmaker urges investigation into China’s chipmaker SMIC over alleged Huawei ties
Republican Michael McCaul calls on the US Commerce Department to check whether SMIC is illegally producing chips for Huawei.
US needs to crack down on Chinese chipmaker SMIC, Republican lawmaker says
A top Republican lawmaker has accused the Biden administration of not doing enough to prevent China's Semiconductor Manufacturing International Corp (SMIC) from strengthening the country's chipmaking ...
SMIC, DOST sign pact to help advance sustainable plastic
Publicly-listed SM Investments Corp. (SMIC) on Thursday signed a memorandum of understanding with the Department of Science and Technology (DOST) to help advance the development of sustainable plastic...
Chinese Chip Stocks Gain $13 Billion on Talk of Beijing Stimulus
Top Chinese chipmaker Semiconductor Manufacturing International Corp. led a $13 billion sector rally, after investors bet that Beijing will declare more policy or financial support for an industry cen...