SMIC International to achieve a net profit of 5.041 billion yuan in 2025, a year-on-year increase of 36.3%

C114 News, March 27 (Yan Yi) - Last night, SMIC released its annual report for 2025. During the reporting period, the company achieved operating revenue of 67.323 billion yuan, a year-on-year increase of 16.5%; net profit attributable to shareholders of the listed company was 5.041 billion yuan, a year-on-year increase of 36.3%; net profit after excluding non-recurring gains and losses was 4.124 billion yuan, a year-on-year increase of 55.9%.

SMIC stated that the revenue growth in 2025 was mainly due to an increase in wafer sales this year. The number of wafers sold (converted to 8-inch standard logic) increased by 20.9% from 8.021 million units last year to 9.697 million units this year. The average selling price (wafer sales revenue divided by total wafer sales volume) this year was 6,476 yuan, compared to 6,639 yuan last year.

Financial data shows that by the end of 2025, the company’s total assets reached 367.718 billion yuan, a year-on-year increase of 4.0%; net assets attributable to shareholders of the listed company were 150.824 billion yuan, a year-on-year increase of 1.8%. Basic earnings per share were 0.63 yuan, a year-on-year increase of 37.0%.

In 2025, SMIC’s monthly wafer production capacity increased to 1.059 million pieces (converted to 8-inch standard logic), with the capacity utilization rate rising to 93.5%, an increase of 8 percentage points year-on-year; despite a significant increase in depreciation, the gross profit margin still rose to 22%, an increase of 3 percentage points year-on-year. According to the latest sales figures released by global pure-play wafer foundries for 2025, SMIC ranks second globally and first among enterprises in mainland China.

The company continues to maintain high-intensity R&D investment, with annual R&D expenses of 5.519 billion yuan, accounting for 8.2% of operating revenue, an increase of 1.3 percentage points compared to 2024. By the end of the reporting period, the company had cumulatively obtained 14,511 authorized patents, including 12,621 invention patents; and cumulatively obtained 94 integrated circuit layout design rights.

Looking ahead to 2026, the company has provided clear guidance: the growth rate of sales revenue will exceed the average of comparable peers, and capital expenditures will remain roughly flat compared to 2025.