SMIC Reports Q1 2026 Financial Results: Net Profit Attributable to Owners Reaches Approximately $197 Million

Stock News05-14

SMIC (00981) has announced its financial results for the first quarter of 2026. The company reported sales revenue of $2.5055 billion, representing a quarter-on-quarter increase of 0.7% and a year-on-year increase of 11.5%. Gross profit was approximately $504 million, up 5.3% quarter-on-quarter but down 0.4% year-on-year. Net profit attributable to the company's owners was approximately $197 million, marking a 14.2% increase from the previous quarter and a 5% increase from the same period last year. For the second quarter, the company has provided a revenue guidance of 14% to 16% quarter-on-quarter growth. The gross margin guidance is set at 20% to 22%, reflecting a 2-percentage-point improvement compared to the guidance for the previous quarter.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1121693083?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-14 18:25","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1121693083","market":"sg","top_or_hot":-1,"title":"SMIC Reports Q1 2026 Financial Results: Net Profit Attributable to Owners Reaches Approximately $197 Million","media":"Stock News","content":"<p>SMIC (00981) has announced its financial results for the first quarter of 2026. The company reported sales revenue of $2.5055 billion, representing a quarter-on-quarter increase of 0.7% and a year-on-year increase of 11.5%. Gross profit was approximately $504 million, up 5.3% quarter-on-quarter but down 0.4% year-on-year. Net profit attributable to the company's owners was approximately $197 million, marking a 14.2% increase from the previous quarter and a 5% increase from the same period last year. For the second quarter, the company has provided a revenue guidance of 14% to 16% quarter-on-quarter growth. The gross margin guidance is set at 20% to 22%, reflecting a 2-percentage-point improvement compared to the guidance for the previous quarter.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SMIC Reports Q1 2026 Financial Results: Net Profit Attributable to Owners Reaches Approximately $197 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSMIC Reports Q1 2026 Financial Results: Net Profit Attributable to Owners Reaches Approximately $197 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-05-14 18:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SMIC (00981) has announced its financial results for the first quarter of 2026. The company reported sales revenue of $2.5055 billion, representing a quarter-on-quarter increase of 0.7% and a year-on-year increase of 11.5%. Gross profit was approximately $504 million, up 5.3% quarter-on-quarter but down 0.4% year-on-year. Net profit attributable to the company's owners was approximately $197 million, marking a 14.2% increase from the previous quarter and a 5% increase from the same period last year. For the second quarter, the company has provided a revenue guidance of 14% to 16% quarter-on-quarter growth. The gross margin guidance is set at 20% to 22%, reflecting a 2-percentage-point improvement compared to the guidance for the previous quarter.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1610","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"","article_id":"1121693083","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1121693083","pubTimestamp":1778754301,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"SMIC (00981) has announced its financial results for the first quarter of 2026. The company reported sales revenue of $2.5055 billion, representing a quarter-on-quarter increase of 0.7% and a...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"688981":"中芯国际","BK1610":"ETF&股票定投概念","BK1526":"科网股","LU1064130708.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"I\" (USD) ACC","LU1064131003.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"A\" (USD) ACC","LU2148510915.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"R\" (USD) ACC","BK1163":"半导体产品","SGXZ81163826.USD":"UNITED CHINA A-SHARES INNOVATION \"A\" (USD) ACC","BK0214":"IT设备","BK1607":"新IT概念","SGXZ49509284.SGD":"United China A Shares Innovation A Acc SGD","00981":"中芯国际","BK1614":"港股-半导体"},"translate_title":"中芯国际公布2026年第一季度财务业绩：归属于所有者的净利润达到约1.97亿美元","themeId":"0150e507ebbd172cc7c3bad53296dc88","isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/50cc826ffafe76ab64cdc219b541bbe7","symbols_score_info":{"688981":1,"00981":1},"content_text":"SMIC (00981) has announced its financial results for the first quarter of 2026. The company reported sales revenue of $2.5055 billion, representing a quarter-on-quarter increase of 0.7% and a year-on-year increase of 11.5%. Gross profit was approximately $504 million, up 5.3% quarter-on-quarter but down 0.4% year-on-year. Net profit attributable to the company's owners was approximately $197 million, marking a 14.2% increase from the previous quarter and a 5% increase from the same period last year. For the second quarter, the company has provided a revenue guidance of 14% to 16% quarter-on-quarter growth. The gross margin guidance is set at 20% to 22%, reflecting a 2-percentage-point improvement compared to the guidance for the previous quarter.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1121693083","isCrawlerRequest":true}