SMIC(00981.HK): 2026 Q1 Report - Profit Attributable to Shareholders stood at USD 197.45 million, YoY increase of 5.01%
NewTimeSpace News: May 14, 2026, SMIC(00981.HK) released its Q1 Report for the period ended December 31, 2026, Total Revenue stood at USD 2.51 billion, increased by 11.49% YoY; Net Profit stood at USD 230.91 million, YoY decrease of 28.6%; Profit Attributable to Shareholders stood at USD 197.45 million, YoY increase of 5.01%; Basic Earnings Per Share (EPS) stood at US cents 2.
In terms of profitability, SMIC Gross Profit changed from USD 505.87 million in the same period last year to USD 503.6 million in the current period, decreased by USD 2.27 million; gross profit margin changed from 22.51% in the same period last year to 20.1% in the current period, decreased by 2.41 percentage points; net profit changed from USD 323.42 million in the same period last year to USD 230.91 million in the current period, decreased by USD 92.51 million; net profit margin changed from 14.39% in the same period last year to 9.22% in the current period, decreased by 5.17 percentage points.
In terms of earnings quality, SMIC Operating Profit changed from USD 309.57 million in the same period last year to USD 247.79 million in the current period, decreased by USD 61.78 million; Operating Profit Margin changed from 13.78% in the same period last year to 9.89% in the current period, decreased by 3.89 percentage points; Net Cash Flow from Operating Activities changed from cash outflow of USD 160.42 million in the same period last year to cash inflow of USD 684.99 million in the current period, increased by USD 845.4 million; Ratio of Net Cash Flow from Operating Activities to Total Operating Revenue changed from -7.14% in the same period last year to 27.34% in the current period, increased by 34.48 percentage points.
In terms of financial soundness, SMIC Debt-to-Asset Ratio changed from 32.81% in the same period last year to 34.89% in the current period, increased by 2.08 percentage points; Total Equity changed from USD 32.226 billion in the same period last year to USD 35.791 billion in the current period, increased by USD 3.56 billion; Cash and Cash Equivalents changed from USD 4.587 billion in the same period last year to USD 7.279 billion in the current period, increased by USD 2.69 billion; Current Liabilities changed from USD 7.34 billion in the same period last year to USD 8.56 billion in the current period, increased by USD 1.22 billion; Quick Ratio changed from 1.33 in the same period last year to 1.62 in the current period, increased by 0.29 percentage points.
By the close of trading on May 14, 2026, SMIC(00981) saw a loss of 3.57% in its share price, closing at HKD 71.5. The full-day turnover stood at HKD 7.19 billion, with the latest market capitalization at HKD 429.97 billion.
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