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Semiconductor Manufacturing International (981) investor relations material
Semiconductor Manufacturing International Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2025 revenue reached $2.382 billion, up 7.8% sequentially and 9.7% year-over-year, with gross margin at 22.0% and operating profit at $351 million.
EBITDA was $1.43 billion with a 60% margin; net profit attributable to shareholders was $192 million, up 44.7% sequentially.
Profit for the period was $315.5 million, a 115.1% increase sequentially.
Wafer shipments rose to 2.499 million 8-inch equivalents, with utilization at 95.8%.
Revenue by region: China 86.2%, America 10.8%, Eurasia 3.0%; China revenue up 11% sequentially.
Financial highlights
Gross profit was $523 million, up 16.2% sequentially; gross margin improved by 1.6 points to 22.0%.
Operating expenses dropped 42.6% sequentially, mainly due to lower start-up costs.
Research & development expenses increased 11.7% sequentially to $203.1 million.
Net cash from operations was $941 million; net cash used in investing was $2.062 billion.
Capital expenditure for Q3 2025 was $2.394 billion.
Outlook and guidance
Q4 2025 revenue expected to be flat to up 2% sequentially; gross margin guidance is 18–20%.
Full-year revenue projected to exceed $9 billion.
Production lines remain fully loaded, with continued strong demand despite seasonal slowdowns.
- TimeTickerHeadlineOpen
- DNLM
Sales up 3.8% to £1,771m, profit before tax £211m, digital sales 40%, market share 7.9%. - 9412
Profits and equity improved, with upward revisions to full-year forecasts and new subsidiaries added. - NVDA
AI is transforming enterprises by enabling intent-driven innovation and technology-first strategies. - DNLM
H1 sales up 3.6% to £926m; digital mix 41%; PBT to hit lower end of consensus. - CRW
Double-digit growth, strong cash flow, and new leadership drive confidence for FY25. - 7011
Strong revenue and profit growth in FY2025, with raised guidance and key divestiture impact. - 8053
Profit attributable to owners dipped 1.9% despite higher revenues and strong FX gains. - 323410
Strong growth in customers, profits, and deposits, with stable asset quality and global milestones. - 3407
Net income rose 22.7% year-over-year, with improved financials and a revised upward forecast. - RYM
Refreshed strategy targets NZD 150m cash flow uplift, NZD 500m cash release, and resumed dividends by FY 2028.
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