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$SMIC (00981.HK)$ All means for China to achieve self-control and counteract USA's technological hegemony will ultimately be bullish for Semiconductor Manufacturing International Corporation.
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$SMIC (00981.HK)$
Based on the announcement of Semiconductor Manufacturing International Corporation's fourth-quarter performance report for 2024, we can analyze its Earnings Reports performance against expected expectations using several key Indicators:
### Revenue
- **Annual**: The unaudited revenue for the entire year of 2024 is RMB 57,795.6 million (approximately USD 8.03 billion), a year-on-year increase of 27%. This growth rate is higher than the average level of the global semiconductor industry, demonstrating strong market competitiveness and growth potential.
### gross margin
- **Annual**: The gross margin is 18%, specific figures for the previous year are not provided, but considering industry trends and improvements in the company’s operational efficiency, this level of gross margin is above average in the industry.
- **Fourth Quarter**: The gross margin is 22.6%, an increase of 2.1 percentage points quarter-on-quarter, indicating improvements in cost control and product pricing by the company.
### Net income
- **For the whole year**: The net income attributable to the shareholders of the listed company was 3,698.7 million yuan, a year-on-year decrease of 23.3%, mainly due to a decline in financial income. Nonetheless, the net income after deducting non-recurring gains and losses remained at a high level, amounting to 2,645.5 million yuan, a year-on-year decrease of 19.1%.
### Capital expenditures and capacity
- **Capital Expenditure**: The company's capital expenditure for 2024 is $7.33 billion, which is...
Based on the announcement of Semiconductor Manufacturing International Corporation's fourth-quarter performance report for 2024, we can analyze its Earnings Reports performance against expected expectations using several key Indicators:
### Revenue
- **Annual**: The unaudited revenue for the entire year of 2024 is RMB 57,795.6 million (approximately USD 8.03 billion), a year-on-year increase of 27%. This growth rate is higher than the average level of the global semiconductor industry, demonstrating strong market competitiveness and growth potential.
### gross margin
- **Annual**: The gross margin is 18%, specific figures for the previous year are not provided, but considering industry trends and improvements in the company’s operational efficiency, this level of gross margin is above average in the industry.
- **Fourth Quarter**: The gross margin is 22.6%, an increase of 2.1 percentage points quarter-on-quarter, indicating improvements in cost control and product pricing by the company.
### Net income
- **For the whole year**: The net income attributable to the shareholders of the listed company was 3,698.7 million yuan, a year-on-year decrease of 23.3%, mainly due to a decline in financial income. Nonetheless, the net income after deducting non-recurring gains and losses remained at a high level, amounting to 2,645.5 million yuan, a year-on-year decrease of 19.1%.
### Capital expenditures and capacity
- **Capital Expenditure**: The company's capital expenditure for 2024 is $7.33 billion, which is...
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$ICBC (01398.HK)$ nice.. Value for money. Buy this past 1 yr huat big big
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$SMIC (00981.HK)$ Keep pushing to historical highs! A good horse! They surge up after a moment of hesitation. For all the winners of Semiconductor Manufacturing International Corporation (SMIC), can you continue to Buy and Hold?
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