国芯网·2025-11-13 12:59Core Viewpoint - The article emphasizes the growth and performance of SMIC (Semiconductor Manufacturing International Corporation) in the semiconductor industry, highlighting significant revenue and profit increases in the third quarter of 2023. Financial Performance - In Q3 2023, SMIC reported revenue of 171.62 billion RMB, with a net profit of 15.17 billion RMB, reflecting a year-on-year growth of 43.10% [2][4]. - For the first three quarters of 2023, the company achieved a total revenue of 495.10 billion RMB, up 18.2% year-on-year, and a net profit of 38.18 billion RMB, which is a 41.1% increase [4]. - The gross margin for the first three quarters was 23.2%, an increase of 5.6 percentage points compared to the same period last year, while Q3 gross margin reached 25.5%, up 4.8 percentage points [4]. Capacity and Utilization - SMIC's capacity utilization rate in Q3 2023 was 95.8%, showing a year-on-year increase of 17.8% [6]. - The monthly production capacity is projected to increase from 991,25 thousand 8-inch equivalent wafers in Q2 2025 to 1,022,75 thousand in Q3 2025 [6]. Revenue Breakdown - In Q3 2023, revenue by application was distributed as follows: smartphones 21.5%, computers and tablets 15.2%, consumer electronics 43.4%, internet and wearables 8%, and industrial and automotive at 11.9% [6]. - Revenue contribution by region showed that the Chinese market accounted for 86.2%, while the U.S. contributed 10.8% and the Eurasian region 3% [6]. Guidance and Future Outlook - For Q4 2023, SMIC's revenue guidance is expected to remain flat or grow by 2% quarter-on-quarter, with a gross margin forecast of 18% to 20% [4].