中芯国际业绩出炉，全面大幅增长！AH股今日均创历史新高

Core Viewpoint - Semiconductor Manufacturing International Corporation (SMIC) reported strong financial results for the first half of the year, with significant growth in revenue and profitability, driven by increased wafer sales and higher average selling prices. Financial Performance - Revenue for the first half reached $4.456 billion, a year-on-year increase of 22% [1][2] - Wafer foundry business revenue was $4.229 billion, up 24.6% year-on-year [1][2] - Gross profit amounted to $956 million, a substantial increase of 89.3% year-on-year, with a gross margin rising from 13.8% to 21.4% [1][3] - Net profit attributable to shareholders was $321 million, reflecting a 35.6% increase year-on-year [1][2] Profitability Metrics - EBITDA reached $2.421 billion, a 24.6% increase, with an EBITDA margin of 54.3%, up 1.1 percentage points from the previous year [3] - Basic earnings per share (EPS) was $0.04, a 33.3% increase year-on-year [3] - The net profit margin improved from 6.5% to 10.5% [1][3] Operational Insights - Management attributed the performance improvement to increased wafer sales, higher average selling prices, and changes in product mix [4] - The company anticipates continued demand due to inventory replenishment and is prepared to meet customer shipping needs [4] - Despite a traditional industry slowdown in the fourth quarter, the overall capacity utilization is expected to remain unaffected due to strong demand [4] Market Performance - SMIC's stock price reached a historical high of 119.22 CNY, with a total market capitalization of 952.13 billion CNY [4][6] - The stock also performed well in the Hong Kong market, closing at 62.3 HKD, up 10.76% [6][7]