证券之星消息，中芯国际近日即将发布2025年年报，根据2月10日发布的业绩快报，归属净利润盈利 50.407亿元，同比增长36.28%。 业绩快报公告中对经营业绩和财务状况情况的说明： （一）报告期的经营情况、财务状况及影响经营业绩的主要因素。 2025 年第四季度报告期内，公司实现营业收入人民币 17,812.8 百万元，较上年同期增长 11.9%；毛利 为人民币 3,095.9 百万元，毛利率为 17.4%。 2025 年度未经审计的营业收入为人民币 67,323.2 百万元，上年营业收入为人民币 57,795.6 百万元，同 比增加 16.5%。2025 年度未经审计的归属于上市公司股东的净利润为人民币 5,040.7 百万元，上年归属 于上市公司股东的净利润为人民币 3,698.7 百万元，同比增加 36.3%。2025 年度未经审计的归属于上市 公司股东的扣除非经常性损益的净利润为人民币 4,124.3 百万元，上年归属于上市公司股东的扣除非经 常性损益的净利润为人民币 2,645.4 百万元，同比增加 55.9%。2025 年度归属于上市公司股东的净利润 及归属于上市公司股东的扣除非经常性损益的净 ...

2025年未经审核的全年本公司拥有人应占利润为6.85亿美元，相较于2024年全年本公司拥有人应占利润 4.93亿美元增加 39.1%，主要是由于本年晶圆销量增加、产能利用率上升及产品组合变动所致。 公司四季度实现销售收入24.89亿美元，环比增长4.5%，毛利率为19.2%，产能利用率保持在95.7%。 来源：智通财经网 中芯国际(00981)发布截至2025年12月31日止三个月第四季度未经审核业绩，公司取得收入24.89亿美 元，同比增长12.8%，环比增长4.5%;本公司拥有人应占利润1.73亿美元，同比增长60.7%，环比减少 9.9%;每股盈利0.02美元。 2025年，半导体产业链向本土化切换带来的重组效应贯穿全年。根据未经审核的财务数据，2025年公司 销售收入为93.27亿美元，同比增长16.2%。毛利率为21.0%，同比上升3.0个百分点。2025年公司资本开 支为81.0亿美元。年底折合8寸标准逻辑月产能为105.9万片，同比增加约11万片。出货总量约970万片， 年平均产能利用率为93.5%，同比提升8个百分点。 展望2026年，对中芯国际而言，产业链回流的机遇与存储大週期带来的挑战并 ...

公司四季度实现销售收入24.89亿美元，环比增长4.5%，毛利率为19.2%，产能利用率保持在95.7%。 2025年，半导体产业链向本土化切换带来的重组效应贯穿全年。根据未经审核的财务数据，2025年公司 销售收入为93.27亿美元，同比增长16.2%。毛利率为21.0%，同比上升3.0个百分点。2025年公司资本开 支为81.0亿美元。年底折合8寸标准逻辑月产能为105.9万片，同比增加约11万片。出货总量约970万片， 年平均产能利用率为93.5%，同比提升8个百分点。 展望2026年，对中芯国际而言，产业链回流的机遇与存储大週期带来的挑战并存。综合各因素，公司给 出的一季度指引为：销售收入环比持平，毛利率在18%-20%之间。在外部环境无重大变化的前提下，公 司给出的2026年指引为：销售收入增幅高于可比同业的平均值，资本开支与2025年相比大致持平。 智通财经APP讯，中芯国际(00981)发布截至2025年12月31日止三个月第四季度未经审核业绩，公司取得 收入24.89亿美元，同比增长12.8%，环比增长4.5%;本公司拥有人应占利润1.73亿美元，同比增长 60.7%，环比减少9.9%;每股盈 ...

| 项目 | 2025年第四季度 | 2024年第四季度 | 增减变动 幅度 | | --- | --- | --- | --- | | | (10-12月) | (10-12月) | | | | | | (%) | | 营业总收入 | 17,812,776 | 15,916,850 | 11.9 | | 营业利润 | 2.114.049 | 2,746,202 | -23.0 | | 利润总额 | 1,602,415 | 2.738.330 | -41.5 | | 归属于上市公司股东的 | 1,222,663 | 992,473 | 23.2 | | 净利润 | | | | | 归属于上市公司股东的 扣除非经常性损益的净 | 947.416 | 445,967 | 112.4 | | 利润 | | | | | 基本每股收益(元/股) | 0.15 | 0.12 | 25.0 | | 加权平均净资产收益率 (%) | 0.81 | 0.68 | 增加 0.13 个百分点 | | | 2025年12月31日 | 2024年12月31日 | 增减变动 | | | | | 幅度 | | | | | (%) | | ...

Group 1 - The core viewpoint of the articles highlights the financial performance of SMIC, showing significant growth in revenue and profit for 2025, driven by increased wafer sales and improved capacity utilization [1][2] - In Q4 2025, the company reported revenue of $2.489 billion, a year-on-year increase of 12.8% and a quarter-on-quarter increase of 4.5%, with a gross margin of 19.2% and a capacity utilization rate of 95.7% [1] - For the full year 2025, SMIC's profit attributable to shareholders was $685 million, a 39.1% increase from $493 million in 2024, attributed to higher wafer sales and changes in product mix [1] Group 2 - Looking ahead to 2026, the company anticipates both opportunities from the return of the supply chain and challenges from the storage cycle, with guidance for Q1 indicating flat revenue and a gross margin between 18% and 20% [2] - The company expects its 2026 revenue growth to exceed the average of comparable peers, with capital expenditures remaining roughly stable compared to 2025 [2]

Core Viewpoint - SMIC reported a fourth-quarter revenue of $2.489 billion, reflecting a quarter-on-quarter growth of 4.5% with a gross margin of 19.2% and a capacity utilization rate of 95.7% [1] Financial Performance - For 2025, SMIC's revenue is projected to be $9.327 billion, representing a year-on-year increase of 16.2% with a gross margin of 21.0%, up by 3.0 percentage points [1] - The company's capital expenditure for 2025 is estimated at $8.1 billion [1] - By the end of 2025, the monthly capacity for 8-inch standard logic is expected to reach 1.059 million wafers, an increase of approximately 110,000 wafers year-on-year [1] - Total shipments are projected to be around 9.7 million wafers, with an average annual capacity utilization rate of 93.5%, an increase of 8 percentage points year-on-year [1] - The net profit attributable to shareholders for 2025 is forecasted to be $685.1 million, a 39.1% increase compared to $492.7 million in 2024, driven by increased wafer sales, higher capacity utilization, and changes in product mix [1] Future Outlook - For 2026, SMIC anticipates both opportunities from the return of the supply chain and challenges from the memory market cycle [1] - The company has provided guidance for the first quarter indicating flat revenue quarter-on-quarter and a gross margin between 18% and 20% [1] - Under the assumption of no significant changes in the external environment, the guidance for 2026 suggests revenue growth exceeding the average of comparable peers, with capital expenditure expected to remain roughly the same as in 2025 [1]

Core Viewpoint - SMIC reported a total revenue of 17.813 billion yuan for Q4 2025, representing a year-on-year increase of 11.9%, while net profit reached 1.223 billion yuan, up 23.2% year-on-year [1] Financial Performance - In Q4 2025, the total profit was 1.602 billion yuan, a decrease of 41.5% year-on-year [1] - For the entire year of 2025, the company achieved sales revenue of 9.327 billion USD, reflecting a growth of 16.2% year-on-year [1] - The gross margin for 2025 was 21.0%, an increase of 3.0 percentage points year-on-year [1] - Capital expenditure for 2025 was 8.1 billion USD [1] Production Capacity - By the end of 2025, the monthly production capacity for 8-inch standard logic reached 1.059 million wafers, an increase of approximately 110,000 wafers year-on-year [1] - Total shipments amounted to approximately 9.7 million wafers, with an average annual capacity utilization rate of 93.5%, up 8 percentage points year-on-year [1] Future Outlook - For Q1 2026, the company expects sales revenue to remain flat quarter-on-quarter, with a gross margin projected between 18% and 20% [1] - In the absence of significant changes in the external environment, the 2026 guidance indicates that sales revenue growth will exceed the average of comparable peers, with capital expenditure expected to remain roughly the same as in 2025 [1] Profitability Factors - The decrease in total profit for Q4 2025 was primarily due to increased financial expenses and a decline in investment income [1] - The net profit attributable to shareholders, excluding non-recurring gains and losses, increased year-on-year due to higher wafer sales volume, improved capacity utilization, and changes in product mix [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而 引致的任何損失承擔任何責任。 SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION 中 芯 國 際 集 成 電 路 製 造 有 限 公 司 * （於開曼群島註冊成立之有限公司） （股份代號：00981） 海外監管公告 本公告乃中芯國際集成電路製造有限公司（Semiconductor Manufacturing International Corporation,「本公司」）根據香港聯合交易所有限公司證券上市規則第13.10B條作出。 茲載列本公司於上海證券交易所網站刊發的《中芯國際2025年第四季度業績快報公告》，僅供 參閱。 承董事會命 中芯國際集成電路製造有限公司 公司秘書 / 董事會秘書 中國上海，2026 年 2 月 10 日 於本公告日期，本公司董事分別為： 執行董事 劉訓峰 非執行董事 魯國慶 陳山枝 楊魯閩 黃登山 獨立非執行董事 范仁達 劉明 吳漢明 陳信元 * ...

Core Viewpoint - The global semiconductor supply chain is at a critical turning point, with the Netherlands, particularly ASML, playing a pivotal role in shaping technology strategies across nations [2][4]. Group 1: Industry Dynamics - Since 2019, the U.S. has imposed export controls preventing ASML from selling extreme ultraviolet lithography systems to China, which are essential for processes below 5nm [2]. - In 2023, the Netherlands followed suit by imposing licensing requirements on immersion deep ultraviolet machines, causing delays in Chinese procurement [2][4]. - By 2025, geopolitical factors intensified, leading to the Netherlands expanding controls to include maintenance services and older models, complicating operations for suppliers [4]. Group 2: Localized Production and Supply Chain Efficiency - ASML supplier KMWE established a small factory in Suzhou in May 2023, focusing on 3D printing metal parts and key module production, reducing reliance on cross-border licensing [5][7]. - The revenue contribution from KMWE's factory reached 11% of total income, amounting to €190 million, indicating strong market appeal [7]. - ASML upgraded its Beijing service center in March 2025, halving response times for software debugging and parts replacement, reflecting a shift towards local service capabilities [7][10]. Group 3: Sales and Market Strategy - ASML's sales to China accounted for 46% of its revenue in the first half of 2025, primarily driven by the demand for older, unrestricted equipment [12]. - The Dutch government simplified administrative processes for ASML's sales to China, enhancing efficiency by 30% compared to the previous year [10]. - ASML's Q3 2025 report indicated strong orders with net bookings of €540 million, while Chinese sales represented 42% of total revenue [17]. Group 4: Technological Advancements and Local Innovations - ASML's technology evolution from deep ultraviolet to extreme ultraviolet systems has improved exposure precision, with deep ultraviolet machines using a 193nm light source [12][14]. - Chinese companies like Shanghai Micro Electronics have transitioned from laboratory to mass production, enhancing their capabilities to cover mature nodes [19]. - Local suppliers are investing in automation and digital technologies to improve production efficiency and reduce defect rates [14][21]. Group 5: Geopolitical Implications and Future Outlook - The Netherlands' actions are seen as a challenge to U.S. dominance, indicating a potential shift in alliances within the semiconductor industry [16][21]. - Despite a projected decline in Chinese revenue to 20% by 2026, ASML's absolute sales figures remain significant, with local factories expanding production lines [17][21]. - The global chip competition is entering a new phase, with Dutch companies signaling a willingness to explore cooperative opportunities with China [21].