SMIC stock: At 49.63 percent below its 52-week high, SMIC stood at HKD 46.84

Published on 10/22/2026 at 17:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 3.01 billion in the second quarter, up 20.00 percent. SMIC stock stood at HKD 46.84 on October 22, 2026, down 6.25 percent on HKEX.

Price and operating facts

SMIC stood 49.63 percent below its 52-week high on October 22, 2026.
Second-quarter revenue reached USD 3.01 billion, up 20.00 percent from the first quarter.
SMIC stock stood at HKD 46.84 on October 22, 2026, down 6.25 percent on HKEX.
Market capitalization was HKD 473.9 billion and the price-to-earnings ratio was 119.39.

SMIC, KYG8020E1199, Illustration mit AI erstellt.

SMIC stock stood at HKD 46.84 on October 22, 2026 at 4:08 p.m. HKT, 49.63 percent below its 52-week high of HKD 93.00. The latest reported quarter brought revenue of USD 3,005.60 million, up 20.00 percent from the first quarter, according to Economic Times on August 14, 2026.

Revenue reached USD 3.01 billion

SMIC's second-quarter revenue exceeded USD 3.00 billion for the first time, while profit attributable to shareholders reached USD 479.20 million. The same report said wafer shipments rose 14.00 percent from the prior quarter and the average selling price increased 5.70 percent, linking the stronger result to demand for artificial intelligence chips.

Production utilization reached 93.70 percent in the second quarter, and monthly capacity rose 1.70 percent quarter over quarter to 1.10 million 8-inch-equivalent wafers. China represented 90.00 percent of revenue, compared with 8.00 percent for the United States, giving the regional revenue mix a clear concentration.

The Hong Kong quote sits below HKD 93.00

The HKEX quote was HKD 46.84 at 4:08 p.m. HKT on October 22, 2026, down HKD 3.12, or 6.25 percent, from the prior session. The day range was HKD 46.64 to HKD 50.05, with 101,153,670 shares traded. The 52-week range extended from HKD 46.64 to HKD 93.00, placing the latest quote 49.63 percent below the high.

That price position matters because the valuation remains demanding. SMIC had a market capitalization of HKD 473.9 billion and a price-to-earnings ratio of 119.39 on October 22, 2026. The scale of the valuation leaves the next operating update important for judging whether higher capacity and pricing can support earnings growth.

Analyst target remains above the quote

Goldman Sachs maintained a Buy rating and a 12-month target of HKD 153.00 in a report dated October 19, 2026, according to GMT Eight. The target stands 226.64 percent above HKD 46.84, using the Hong Kong quote and the analyst's target in the same currency.

SMIC stays tied to capacity growth

SMIC's second-quarter utilization rate of 93.70 percent and shipment growth of 14.00 percent show why capacity expansion is central to the investment case. The company operates as a semiconductor foundry, supplying integrated-circuit manufacturing and related technology services across China and other markets.

The latest Hong Kong quote provides the immediate market frame, while revenue, profit, utilization and capacity provide the operating measures behind it. The contrast between the HKD 46.84 quote and the HKD 93.00 yearly high leaves the valuation and execution record closely linked.