Semiconductor Manufacturing International Corp. · HKEX:981
Semiconductor Manufacturing International — Q3 2025 Earnings Presentation
15 slides from Semiconductor Manufacturing International's earnings presentation, November 2025
Slide 1: SMIC Q3 2025 Financial Presentation
SMIC Q3 2025 Financial Presentation November 2025
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation may contain, in addition to historical information, forward-looking statements. These forward-looking statements are based on SMIC's current assumptions, expectations, beliefs, plans, objectives, and projections about future events or performance. SMIC us
Slide 3: 3Q25 Financial Highlights (unaudited)
3Q25 Financial Highlights (unaudited) Revenue was $2,382 million – Up 7.8% QoQ from $2,209 million in 2Q25 – Up 9.7% YoY from $2,171 million in 3Q24 Gross margin was 22.0% – Compared to 20.4% in 2Q25 – Compared to 20.5% in 3Q24 Profit from operations was $351 million – Compared to $151 million
Slide 4: Income Statement
Income Statement (US$ thousands) 3Q25 2Q25 QoQ 3Q24 YoY Revenue 2,381,822 2,209,066 7.8% 2,171,188 9.7% Gross profit 522,811 449,799 16.2% 444,160 17.7% Gross margin 22.0% 20.4% 20.5% Operating income(expenses) (171,742) (299,122) -42.6% (274,273) -37.4% Research & Development (203,147) (181,912) 11
Slide 5: Capital Structure
Capital Structure (US$ thousands) As of Sep 30, 2025 Jun 30, 2025 Cash and cash equivalents 3,481,713 5,082,675 Restricted cash - 379,078 Financial assets at fair value through profit or loss - current (1) 381,981 106,115 Financial assets at amortised cost(2) 7,521,544 7,486,436 Total cash on hand 1
Slide 6: Cash Flow
Cash Flow (US$ thousands) For the three months ended Net cash generated from operating activities (US$ millions) Sep 30, 2025 Jun 30, 2025 1,450 1,070 Cash and cash equivalents, beginning 941 5,082,675 4,587,349 of the period Net cash generated from operating 941,112 1,069,672 activities 4Q24 1Q25 2
Slide 7: Total Revenue By Geography
Total Revenue By Geography Eurasia America China 86.4% 89.1% 84.3% 84.1% 86.2% 10.6% 8.9% 12.6% 12.9% 10.8% 3.0% 2.0% 3.1% 3.0% 3.0% 3Q24 4Q24 1Q25 2Q25 3Q25 2,200 2,000 Revenue (US$ millions) 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 China America Eurasia 2Q25 3Q25 SMIC Financial Presentation
Slide 8: Wafer Revenue By Application
Wafer Revenue By Application Industrial and Automotive Connectivity and IoT Consumer Electronics Computer and Tablet Smartphone 24.9% 24.2% 24.2% 25.2% 21.5% 15.0% 15.2% 16.4% 19.1% 17.3% 42.6% 40.2% 40.6% 41.0% 43.4% 8.3% 8.3% 8.2% 8.0% 8.2% 7.9% 8.2% 9.6% 10.6% 11.9% 3Q24 4Q24 1Q25 2Q25 3Q25 2,200
Slide 9: Wafer Revenue By Size
Wafer Revenue By Size 12" wafers 8" wafers 21.5% 19.4% 21.9% 23.9% 23.0% 78.5% 80.6% 78.1% 76.1% 77.0% 3Q24 4Q24 1Q25 2Q25 3Q25 2,200 Revenue (US$ millions) 2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 12" wafers 8" wafers 2Q25 3Q25 SMIC Financial Presentation 9
Slide 10: Capacity, Utilization and Shipment
Capacity, Utilization and Shipment Utilization Rate（1） 95.8% 90.4% 92.5% 89.6% 85.5% (standard logic 8-inch equivalent wafers) Monthly Capacity 947,625 973,250 991,250 1,022,750 884,250 3Q24 4Q24 1Q25 2Q25 3Q25 3Q24 4Q24 1Q25 2Q25 3Q25 Wafer Shipments (standard logic 8-inch 2,122,266 1,991,761 2,292
Slide 11: 4Q 2025 Guidance
4Q 2025 Guidance 4Q 2025 Guidance Revenue flat to +2% QoQ Gross Margin 18% to 20% SMIC Financial Presentation 11
Slide 12: Appendix
Appendix SMIC Financial Presentation 12
Slide 13: 3Q 2025 Results and Guidance
3Q 2025 Results and Guidance 3Q 2025 Guidance 3Q 2025 Results Revenue +5% to +7% QoQ 7.8% QoQ Gross Margin 18% to 20% 22.0% SMIC Financial Presentation 13
Slide 14: Capital Expenditure & Depreciation and amortisation
Capital Expenditure & Depreciation and amortisation (US$ millions) 3Q24 4Q24 1Q25 2Q25 3Q25 Capital Expenditure 1,179 1,660 1,416 1,885 2,394 Depreciation and 831 849 866 879 996 amortisation SMIC Financial Presentation 14
Slide 15: Thank You!
Thank You! Contact us: ir@smics.com
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