Semiconductor Manufacturing International Corporation (SHA:688981)

China flag China · Delayed Price · Currency is CNY
86.71
+0.21 (0.24%)
Apr 2, 2025, 2:45 PM CST
95.73%
Market Cap 420.03B
Revenue (ttm) 58.61B
Net Income (ttm) 3.60B
Shares Out n/a
EPS (ttm) 0.44
PE Ratio 116.79
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 22,564,152
Average Volume 32,496,859
Open 86.38
Previous Close 86.50
Day's Range 85.72 - 87.45
52-Week Range 40.01 - 109.50
Beta 0.16
RSI 32.40
Earnings Date Mar 28, 2025

About SHA:688981

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]

Industry Semiconductors
Sector Technology
Founded 2000
Employees 20,223
Stock Exchange Shanghai Stock Exchange
Ticker Symbol 688981
Full Company Profile

Financial Performance

In 2024, SHA:688981'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 Statements

News

Taiwan accuses Chinese chipmakers of illegally poaching engineers

Beijing’s semiconductor champion SMIC accused of posing as Samoa entity to evade foreign investment restrictions

4 days ago - Financial Times

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.

4 days ago - CNBC

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 ...

4 days ago - Benzinga

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.

4 days ago - South China Morning Post

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.

5 days ago - South China Morning Post

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...

5 days ago - Market Watch

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.

22 days ago - Yahoo

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.

4 weeks ago - Fortune

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...

5 weeks ago - Forexlive

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.

7 weeks ago - South China Morning Post

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...

7 weeks ago - BusinessMirror

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.

7 weeks ago - Reuters

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

7 weeks ago - GuruFocus

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.

2 months ago - South China Morning Post

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...

4 months ago - Invezz

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.

5 months ago - Reuters

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 ...

5 months ago - Reuters

How SMIC, China's Semiconductor Champion, Landed in the Heart of a Tech War

Efforts by the Beijing-backed Semiconductor Manufacturing International Corporation, or SMIC, to break through innovation barriers have landed it in a geopolitical tech battle.

7 months ago - NYTimes

SMIC posts 59% fall in Q2 profit yet beats expectations

Semiconductor Manufacturing International Corp reported a 59.1% fall in second-quarter net profit on Thursday though the result from China's largest chip foundry beat expectations.

8 months ago - Reuters

Sibelco completes acquisition of Strategic Materials, Inc.

ANTWERP, Belgium & CHARLOTTE, N.C.--(BUSINESS WIRE)-- #glasscullet--Sibelco, a global leader in material solutions, completes acquisition of Strategic Materials, Inc., one of North America's largest g...

10 months ago - Business Wire

China's largest chipmaker SMIC is now the No. 3 foundry in the world, Counterpoint says

SMIC held a 6% market share in terms of global foundry revenue in the first quarter, up from 5% last year, overtaking GlobalFoundries and Taiwan's United Microelectronics Corporation. This places SMIC...

11 months ago - CNBC

China's biggest chipmaker SMIC warns of 'fierce' competition as it misses quarterly profit expectations

Net income in the first quarter plunged 68.9% from a year ago to $71.79 million.

11 months ago - CNBC

Sibelco to enter North American glass recycling industry with acquisition of Strategic Materials, Inc.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- #Sibelco--Sibelco, a global leader in material solutions and the European leader in glass recycling, announces agreement to acquire Strategic Materials, Inc.

1 year ago - Business Wire

China's top chipmaker SMIC reports a 55% fall in quarterly net profit

China's largest chipmaker Semiconductor Manufacturing International Corp (SMIC) on Tuesday reported a 55% fall in fourth-quarter profit, missing analyst expectations as it cited weak global demand and...

1 year ago - Reuters