Semiconductor Manufacturing International (SHSE:688981) Net Income: ¥4,896 Mil (TTM As of Mar. 2026)


SHSE:688981 Semiconductor Manufacturing International Corp SHSE:688981
72 GF Score
Price ¥165.30
GF Value ¥69.36
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Semiconductor Manufacturing International Net Income?

Semiconductor Manufacturing International SHSE:688981 +1.40% 72 Net Income is ¥4,896 Mil as of Mar. 2026. GuruFocus rates SHSE:688981 with a GF Score™ of 72/100 and a GF Value™ of ¥69.36 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Semiconductor Manufacturing International's Net Income for the three months ended in Mar. 2026 was ¥1,361 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was ¥4,896 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Semiconductor Manufacturing International's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was ¥0.17.


Semiconductor Manufacturing International  (SHSE:688981) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Semiconductor Manufacturing International's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Semiconductor Manufacturing International Net Income Related Terms


Semiconductor Manufacturing International Net Income Historical Data

* Premium members only.

The historical data trend for Semiconductor Manufacturing International's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Semiconductor Manufacturing International Net Income Chart

Semiconductor Manufacturing International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,839.29 12,674.15 6,444.22 3,587.55 4,825.52

Semiconductor Manufacturing International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,363.12 951.31 1,365.99 1,217.42 1,360.83
SHSE:688981
72GF Score
Semiconductor Manufacturing International Corp SHSE:688981
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Semiconductor Manufacturing International Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Semiconductor Manufacturing International's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=7559.164+-593.833+0+-2139.816
=4,826

Semiconductor Manufacturing International's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1759.767+-168.298+0+-230.638
=1,361

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥4,896 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of ¥4,896 Mil mean?
Semiconductor Manufacturing International (SHSE:688981) has a Net Income of ¥4,896 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Semiconductor Manufacturing International and its competitors.
Is Semiconductor Manufacturing International's Net Income too high?
Semiconductor Manufacturing International's current Net Income is ¥4,896 Mil. Overall, Semiconductor Manufacturing International has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Semiconductor Manufacturing International's Net Income compare to NVDA and AVGO?
Semiconductor Manufacturing International's Net Income of ¥4,896 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Semiconductors company?
A good Net Income depends on the Semiconductors industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Semiconductor Manufacturing International and its competitors. Semiconductor Manufacturing International's current Net Income is ¥4,896 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semiconductor Manufacturing International stock overvalued right now?
Based on GuruFocus' analysis, Semiconductor Manufacturing International (SHSE:688981) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥69.36, compared to a current price of ¥165.30 — trading 138.3% above its estimated fair value. The current Net Income is ¥4,896 Mil. Semiconductor Manufacturing International's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Semiconductor Manufacturing International (SHSE:688981), the current Net Income is ¥4,896 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Semiconductor Manufacturing International (SHSE:688981) Overvalued in 2026?

Based on GuruFocus' analysis, Semiconductor Manufacturing International stock appears to be overvalued. The current stock price of ¥165.30 is trading 138.3% above its estimated GF Value™ of ¥69.36. GuruFocus considers Semiconductor Manufacturing International to be Significantly Overvalued.

Key valuation signals for SHSE:688981:

  • Net Income: ¥4,896 Mil
  • GF Value™: ¥69.36 vs. price of ¥165.30 (138.3% above fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Semiconductor Manufacturing International Business Description

Address No. 18 Zhangjiang Road, Pudong New Area, Shanghai, CHN, 201203
Founded in 2000, Semiconductor Manufacturing International Corporation is the largest foundry in China and the third-largest globally after TSMC and Samsung Electronics, overtaking GlobalFoundries and United Microelectronics in 2024. The company's headquarters and foundry are in Shanghai, with additional foundries in Beijing, Tianjin, and Shenzhen, and offices in the United States, Europe, Japan, Taiwan, and Hong Kong. Its products are used in artificial intelligence, data centers, automotive, consumer electronics, memory, and "Internet of Things" products. SMIC employs 19,952 people as of Dec. 31, 2025.
72GF Score

Get the complete analysis for SHSE:688981

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥165.30
Price
¥69.36
GF Value