Semiconductor Manufacturing International Corp. · HKEX:981

Semiconductor Manufacturing International — Q2 2025 Earnings Presentation

16 slides from Semiconductor Manufacturing International's earnings presentation, August 2025

  1. Slide 1: SMIC Q2 2025 Financial Presentation

    SMIC Q2 2025 Financial Presentation August 2025

  2. 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

  3. Slide 3: 2Q25 Financial Highlights (unaudited)

    2Q25 Financial Highlights (unaudited)  Revenue was $2,209 million – Down 1.7% QoQ from $2,247 million in 1Q25 – Up 16.2% YoY from $1,901 million in 2Q24  Gross margin was 20.4% – Compared to 22.5% in 1Q25 – Compared to 13.9% in 2Q24  Profit from operations was $151 million – Compared to $310 mill

  4. Slide 4: 1H25 Financial Highlights (unaudited)

    1H25 Financial Highlights (unaudited)  Revenue was $4,456 million – Compared to $3,651 million in 1H24  Gross margin was 21.4% – Compared to 13.8% in 1H24  Profit from operations was $460 million – Compared to $90 million in 1H24  Profit attributable to SMIC was $321 million – Compared to $236 m

  5. Slide 5: Income Statement

    Income Statement (US$ thousands) 2Q25 1Q25 QoQ 2Q24 YoY Revenue 2,209,066 2,247,201 -1.7% 1,901,276 16.2% Gross profit 449,799 505,868 -11.1% 265,093 69.7% Gross margin 20.4% 22.5% 13.9% Operating income(expenses) (299,122) (196,297) 52.4% (177,953) 68.1% Research & Development (181,912) (148,899) 2

  6. Slide 6: Capital Structure

    Capital Structure (US$ thousands) As of Jun 30, 2025 Mar 31, 2025 Cash and cash equivalents 5,082,675 4,587,349 Restricted cash 379,078 375,807 Financial assets at fair value through profit or loss - current (1) 106,115 113,928 Financial assets at amortised cost(2) 7,486,436 7,625,386 Total cash on

  7. Slide 7: Cash Flow

    Cash Flow (US$ thousands) For the three months ended Net cash generated from operating activities (US$ millions) Jun 30, 2025 Mar 31, 2025 1,450 1,236 1,070 Cash and cash equivalents, beginning 4,587,349 6,364,189 of the period Net cash generated from/(used in) 1,069,672 (160,415) operating activiti

  8. Slide 8: Total Revenue By Geography

    Total Revenue By Geography Eurasia America China 80.3% 86.4% 84.3% 84.1% 89.1% 16.0% 10.6% 12.6% 12.9% 3.7% 8.9% 3.1% 3.0% 3.0% 2.0% 2Q24 3Q24 4Q24 1Q25 2Q25 2,000 1,800 Revenue (US$ millions) 1,600 1,400 1,200 1,000 800 600 400 200 0 China America Eurasia 1Q25 2Q25 SMIC Financial Presentation 8

  9. Slide 9: 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% 32.0% 16.4% 19.1% 17.3% 15.0% 13.3% 35.6% 42.6% 40.2% 40.6% 41.0% 11.0% 8.2% 8.3% 8.3% 8.2% 8.1% 7.9% 8.2% 9.6% 10.6% 2Q24 3Q24 4Q24 1Q25 2Q25 2,000

  10. Slide 10: Wafer Revenue By Size

    Wafer Revenue By Size 12" wafers 8" wafers 21.5% 19.4% 21.9% 23.9% 26.4% 73.6% 78.5% 80.6% 78.1% 76.1% 2Q24 3Q24 4Q24 1Q25 2Q25 2,000 Revenue (US$ millions) 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 12" wafers 8" wafers 1Q25 2Q25 SMIC Financial Presentation 10

  11. Slide 11: Capacity, Utilization and Shipment

    Capacity, Utilization and Shipment Utilization Rate（1） 92.5% 90.4% 89.6% 85.2% 85.5% (standard logic 8-inch equivalent wafers) Monthly Capacity 947,625 973,250 991,250 837,000 884,250 2Q24 3Q24 4Q24 1Q25 2Q25 2Q24 3Q24 4Q24 1Q25 2Q25 Wafer Shipments (standard logic 8-inch 2,111,880 2,122,266 1,991,7

  12. Slide 12: 3Q 2025 Guidance

    3Q 2025 Guidance 3Q 2025 Guidance Revenue +5% to +7% QoQ Gross Margin 18% to 20% SMIC Financial Presentation 12

  13. Slide 13: Appendix

    Appendix SMIC Financial Presentation 13

  14. Slide 14: 2Q 2025 Results and Guidance

    2Q 2025 Results and Guidance 2Q 2025 Guidance 2Q 2025 Results Revenue -4% to -6% QoQ -1.7% QoQ Gross Margin 18% to 20% 20.4% SMIC Financial Presentation 14

  15. Slide 15: Capital Expenditure & Depreciation and amortisation

    Capital Expenditure & Depreciation and amortisation (US$ millions) 2Q24 3Q24 4Q24 1Q25 2Q25 Capital Expenditure 2,252 1,179 1,660 1,416 1,885 Depreciation and 797 831 849 866 879 amortisation SMIC Financial Presentation 15

  16. Slide 16: Thank You!

    Thank You! Contact us: ir@smics.com

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