SMIC stock: SMIC posted USD 3.01 billion. SMIC stock closed at HKD 52.40 on October 16, 2026.

Published on 10/19/2026 at 15:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SMIC guided a 26.00 to 28.00 percent margin on August 13, 2026. SMIC stock closed HKD 52.40 on October 16, 2026, 0.48 percent above HKD 52.15.

Revenue and margin outlook

On August 13, 2026, SMIC reported USD 3.01 billion in second-quarter revenue, up 20.00 percent sequentially.
Third-quarter gross-margin guidance stood at 26.00 to 28.00 percent against 25.30 percent in the second quarter.
SMIC stock closed at HKD 52.40 on October 16, 2026, 0.48 percent above the prior close of HKD 52.15.
SMIC had a HKD 530.2 billion market capitalization and a 119.03 price-to-earnings ratio on October 16, 2026.

SMIC, KYG8020E1199, Illustration mit AI erstellt.

SMIC posted USD 3.01 billion in second-quarter revenue on August 13, 2026, a 20.00 percent increase from the first quarter, according to Second Order. SMIC stock closed at HKD 52.40 on October 16, 2026, on HKEX, 0.48 percent above the prior close of HKD 52.15.

Margin guidance moves higher

The operating signal is the third-quarter outlook. SMIC guided gross margin to 26.00 to 28.00 percent, compared with 25.30 percent in the second quarter, while revenue was guided 2.00 to 4.00 percent higher sequentially. The figures come from the August 13, 2026 filing summarized by Second Order.

That combination points to a quarter in which margin expansion is expected to outpace revenue growth. Second-quarter utilization was 93.70 percent, and wafer shipments rose 14.40 percent from the prior quarter. The comparison matters because the guidance calls for a smaller revenue step than the 20.00 percent increase reported for the second quarter.

52-week range sets the frame

The October 16 session covered HKD 51.80 to HKD 53.15, with the close at HKD 52.40. The 52-week range was HKD 49.32 to HKD 93.00, leaving the stock 43.66 percent below its high. The one-year performance was minus 24.17 percent, while volume reached 34,388,353 shares against an average of 69,605,976.

Valuation and company scale

SMIC had a market capitalization of HKD 530.2 billion and a price-to-earnings ratio of 119.03 on October 16, 2026. Its Hong Kong listing is the main market reference for investors tracking the company, while the reported operating figures remain denominated in USD.

The valuation leaves the margin range as the key operating figure in the current market picture. A 26.00 to 28.00 percent guide would place the midpoint above the 25.30 percent second-quarter margin, but the company still needs revenue growth of only 2.00 to 4.00 percent to meet the stated outlook.

Comparison with peers

SMIC (HKEX, HKD): 0.48 percent daily change, price-to-earnings ratio 119.03, market capitalization HKD 530.2 billion.

Hua Hong (HKEX, HKD): minus 2.09 percent daily change, price-to-earnings ratio 164.94, market capitalization HKD 144.5 billion.

Hua Hong Semiconductor's October 16 quote provides a same-market foundry comparison, with its HKD 74.95 price below the prior close of HKD 76.55. SMIC's close was higher by 0.48 percent on the same dated market frame.

What comes next for margins

For investors, the next useful checkpoint is whether the reported 25.30 percent margin can move toward the guided 26.00 to 28.00 percent band while revenue growth stays within 2.00 to 4.00 percent. The second-quarter revenue base was USD 3.01 billion, so the market is measuring operating progress against both sales growth and gross margin.

SMIC stock closed at HKD 52.40 on October 16, 2026, 0.48 percent above the prior close of HKD 52.15.