Semiconductor Manufacturing International Corporation (HKG:0981)
Market Cap | 470.01B |
Revenue (ttm) | 62.37B |
Net Income (ttm) | 3.83B |
Shares Out | 7.99B |
EPS (ttm) | 0.47 |
PE Ratio | 98.70 |
Forward PE | 56.73 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 102,134,653 |
Average Volume | 159,537,683 |
Open | 45.40 |
Previous Close | 45.40 |
Day's Range | 45.00 - 47.45 |
52-Week Range | 14.16 - 59.70 |
Beta | -0.05 |
RSI | 49.03 |
Earnings Date | Mar 28, 2025 |
About smic
Semiconductor Manufacturing International Corporation, an investment holding company, engages in the manufacture, testing, and sale of integrated circuits wafer and various compound semiconductors in the United States, China, and Eurasia. The company is involved in the manufacturing and trading of semiconductor products; and research and development activities. It also offers semiconductor foundry and technology services; supporting services, such as design and IP support, photomask manufacturing, etc.; development, and technical services relat... [Read more]
Financial Performance
In 2024, smic's revenue was $8.03 billion, an increase of 27.02% compared to the previous year's $6.32 billion. Earnings were $492.75 million, a decrease of -45.40%.
Financial numbers in USD Financial StatementsNews

Taiwan accuses Chinese chipmakers of illegally poaching engineers
Beijing’s semiconductor champion SMIC accused of posing as Samoa entity to evade foreign investment restrictions

Taiwan accuses China's biggest chipmaker SMIC of 'illegally' poaching tech talent
Taiwan's justice ministry alleged that SMIC used a Samoa-based entity as cover to set up an entity on the island and has been "actively recruiting" talent.

China's Top Chipmaker SMIC Accused Of Poaching Taiwan's Engineers Via Samoan Front Company
Taiwanese authorities are investigating whether China's largest chipmaker , Semiconductor Manufacturing International Corp. (SMIC), used a shell company posing as a Samoan company to lure tech talent ...

Tech war: China’s top foundry SMIC reports revenue growth in 2024, but net profits plunge
Full-year revenue grew 27 per cent to US$8 billion but net profit plunged 45.4 per cent to US$493 million.

Taiwan probes China chipmaker SMIC for allegedly poaching staff
SMIC set up a branch in Taiwan posing as a Samoa-based company and tried to hire local talent, prosecutors said.

Forget the Mag 7. The ‘Terrific 10' Are the Tech Bet for 2025.
Nvidia NVDA-5.74%, Tesla TSLA-5.58%, and the rest of Big Tech are having a rough go of it, while China's Terrific 10— Alibaba 9988+0.46%, Tencent 700+0.49%, Meituan 3690+1.81%, Xiaomi 1810-4.17%, JD.c...
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.