Semiconductor Manufacturing International Corporation (00981) released its fourth-quarter performance, with sales revenue of $2.489 billion, representing a 4.5% increase compared to the previous quarter. The gross profit margin is 19.2%.

Semiconductor Manufacturing International Corporation (00981) released unaudited performance for the fourth quarter ending on December 31, 2025. The company achieved revenue of 2.489 billion USD, a year-on-year increase of 12.8% and a quarter-on-quarter increase of 4.5%. The net profit attributable to the owners of the company was 173 million USD, a year-on-year increase of 60.7% and a quarter-on-quarter decrease of 9.9%. Earnings per share were 0.02 USD. For the unaudited full year of 2025, the net profit attributable to the owners of the company was 685 million USD, an increase of 39.1% compared to the full year of 2024, mainly due to an increase in wafer sales volume, capacity utilization rate, and changes in product mix. The company achieved sales revenue of 2.489 billion USD in the fourth quarter, a quarter-on-quarter increase of 4.5%, with a gross margin of 19.2% and a capacity utilization rate of 95.7%. In 2025, the restructuring effects brought about by the localization of the semiconductor industry chain continued throughout the year. According to unaudited financial data, the company's sales revenue in 2025 was 9.327 billion USD, a year-on-year increase of 16.2%. The gross margin was 21.0%, up by 3.0 percentage points year-on-year. The company's capital expenditure for 2025 was 8.1 billion USD. At the end of the year, the monthly production capacity of 8-inch standard logic wafers was 1.059 million pieces, an increase of approximately 110,000 pieces year-on-year. The total shipment volume was approximately 9.7 million pieces, with an annual average capacity utilization rate of 93.5%, an increase of 8 percentage points year-on-year. Looking ahead to 2026, Semiconductor Manufacturing International Corporation faces the opportunities brought by the return of the industry chain and the challenges posed by the storage mega-cycle. Taking all factors into consideration, the company's guidance for the first quarter is: stable sales revenue and a gross margin between 18% and 20%. Assuming no major changes in the external environment, the company's guidance for 2026 is: sales revenue growth higher than the industry average, with capital expenditure roughly in line with 2025.