SMIC stock was HKD 56.20 with a 127.1 P/ E on October 12, 2026

Published on 10/12/2026 at 13:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue topped USD 3.00 billion. SMIC stock stood at HKD 56.20 on October 12, 2026, P/E 127.1.

Key points in brief

SMIC was last quoted at HKD 56.20 on October 12, 2026, with a P/E ratio of 127.12.
Second-quarter revenue exceeded USD 3.00 billion, while profit attributable to shareholders reached USD 479.20 million.
The stock's HKD 568.6 billion market capitalization sits below a 52-week high of HKD 93.00.
UBS raised its target from HKD 76 to HKD 96.20 and upgraded SMIC to Buy on October 9, 2026.

SMIC, KYG8020E1199, Illustration mit AI erstellt.

SMIC stock was last quoted at HKD 56.20 on October 12, 2026, at 4:08 p.m. HKT, while its P/E ratio stood at 127.12. The valuation sits against a market capitalization of HKD 568.6 billion and a 52-week range of HKD 49.32 to HKD 93.00.

Revenue clears USD 3 billion

For the second quarter of 2026, SMIC generated USD 3.01 billion in revenue and USD 479.20 million in profit attributable to shareholders, according to The Economic Times. The profit figure included a one-time gain from a subsidiary, a detail that matters when comparing the result with future quarters.

The same report said wafer shipments reached 2.9 million eight-inch-equivalent wafers in the second quarter, up 14.00 percent from the previous quarter. Average wafer selling prices increased 5.70 percent, while capacity utilization reached 93.70 percent.

Targets point above the quote

UBS upgraded SMIC from Neutral to Buy on October 9, 2026, and raised its target from HKD 76.00 to HKD 96.20, according to GMT EIGHT. The new target lies 71.17 percent above the HKD 56.20 quote, using the same Hong Kong dollar basis.

Goldman Sachs maintained a Buy rating and set a 12-month target of HKD 153.00 on October 12, 2026, according to GMT EIGHT. That target is 172.42 percent above the quoted price, although analyst targets describe expectations rather than completed transactions.

Comparison with peers

SMIC (HKD): , P/E 127.1, market capitalization HKD 568.6 billion
Hua Hong Semiconductor (HKD): minus 4.97 percent, P/E 197.8, market capitalization HKD 156.1 billion
United Microelectronics (TWD): minus 1.36 percent, P/E 21.9, market capitalization TWD 1,824.5 billion

SMIC's valuation multiple is higher than the 21.9 P/E reported for United Microelectronics and below Hua Hong Semiconductor's 197.8 P/E. The comparison highlights that SMIC's market value reflects a materially different earnings multiple from one of its Taiwan-listed peers.

Market context and trading view

SMIC's HKD 56.20 quote is 39.57 percent below its 52-week high of HKD 93.00 and 13.94 percent above its 52-week low of HKD 49.32. The placement leaves the stock closer to the lower end of its annual range than to the peak, while the P/E of 127.12 keeps earnings growth central to any valuation discussion.

The further course of trading is shown by the continuously updated real-time quote of SMIC stock.