SMIC reports USD 2.52 billion cash flow. SMIC stock sits 51.25 percent below 52-week high
Published on 10/27/2026 at 15:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCash flow and valuation
- SMIC generated USD 2.52 billion in operating cash flow in the second quarter of 2026.
- Capital spending reached USD 1.84 billion during the second quarter of 2026.
- SMIC stock stood at HKD 45.34 on October 27, 2026, down 1.26 percent from the prior close of HKD 45.92.
- SMIC traded at a price-to-earnings ratio of 119.34 and a market capitalization of HKD 458.8 billion.
SMIC (ISIN KYG8020E1199) generated USD 2.52 billion in operating cash flow in the second quarter of 2026, compared with USD 685.00 million in the preceding quarter, according to SnowRock on October 26, 2026. On October 27, 2026 at 4:08 p.m. HKT, SMIC stood at HKD 45.34 on HKEX, down 1.26 percent from the prior close of HKD 45.92 on October 26, 2026.
Capital spending reached USD 1.84 billion
SMIC spent USD 1.84 billion on capital projects in the second quarter of 2026, while its factories operated at 93.70 percent utilization, SnowRock reported. The same account said second-quarter revenue reached USD 3.006 billion, up 36.10 percent from a year earlier, and gross margin rose to 25.30 percent from 20.40 percent.
52-week range as of October 27, 2026
At HKD 45.34, the stock was HKD 1.24, or 2.81 percent, above its 52-week low of HKD 44.10 and 51.25 percent below its 52-week high of HKD 93.00. Trading volume reached 47,931,696 shares on October 27, 2026. The price therefore sits close to the lower end of its annual range, while the operating figures point to a company investing heavily in additional capacity.
Valuation and the next report
SMIC had a price-to-earnings ratio of 119.34 and a market capitalization of HKD 458.8 billion on October 27, 2026. Simply Wall St lists November 13, 2026 as the date for SMIC's third-quarter results. That report will test whether the high utilization rate and capital spending translated into the revenue growth outlined in the company's third-quarter outlook.
Cash generation meets heavy investment
The second-quarter cash figure is the clearest counterweight to the capital program. Operating cash flow of USD 2.52 billion exceeded the USD 1.84 billion spent on projects during the same period, leaving a USD 681.17 million difference before other cash movements. For investors, that relationship matters because capacity expansion requires large upfront commitments even as demand for higher-value chips supports pricing.
SMIC stock remains near its annual low
SMIC stood at HKD 45.34 on HKEX on October 27, 2026 at 4:08 p.m. HKT, down 1.26 percent from the prior close of HKD 45.92 on October 26, 2026.
SMIC market facts
- Company: Semiconductor Manufacturing International Corporation
- ISIN: KYG8020E1199
- Ticker: 0981
- Primary exchange: Hong Kong Stock Exchange
- Price on HKEX (as of October 27, 2026, 4:08 p.m. HKT): HKD 45.34
- Change versus prior close: minus 1.26 percent
- Prior close: HKD 45.92 on October 26, 2026
- Market capitalization: HKD 458.8 billion (as of October 27, 2026)
- 52-week range: HKD 44.10-HKD 93.00 (as of October 27, 2026)
- Sector / Industry: Technology / Semiconductors
Market context: Current market reports.
