Obermatt

Semiconductor Manufacturing International

HKG:981 · KYG8020E1199
Semiconductors & Semiconductor EquipmentLarge

360

14
EV / EBIT8
Price / Owner Earnings83
Owner Earnings Yield1
Dividend Yield1
Price/Sales15
EV / Gross Profit22
Price/Book43
Return on Capital10
Cash Return on Capital14
Return on Equity18
EBIT Margin19
Gross Profitability3
Cash Conversion96
Accruals31
Owner Earnings Margin8
Sales growth68
Profit Growth81
Long-Term EPS Growth59
Reinvestment40
Price momentum35
Debt load38
Refinancing31
Debt Payback1
Liquidity26
Analyst ratings30
Opinion Changes69
Price Target Upside77
Market mood30
Value Creation6/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Semiconductor Manufacturing International doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryChina
IndustrySemiconductors & Semiconductor Equipment
SizeLarge
TypePublic Company
ExchangeSEHK
Founded2000
Employees712
Websitesmics.com
ISINKYG8020E1199
Last UpdateApr 2, 2026
Themes
Detectors, Sensors and MemsHardwareInfrastructureManufacturingSemiconductor

Description

Semiconductor Manufacturing International Corporation (SMIC), an investment holding company, engages in the manufacture, testing, and sale of integrated circuits in the United States, China, and Eurasia. Business Segments The business structure of…

Analysis

Weak and unloved

Semiconductor Manufacturing International Corporation scores below average on quality and is priced accordingly, a low-conviction position in either direction.

Valuation data is not available for this company.

Growth is moderate; the safety picture is adequate. The company scores 6/20 on our value-creation score: not creating value.

Flags to be aware of: Some accounting patterns deserve a closer look. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
20
2026

All-time high

20

Jun 2026

All-time low

10

Mar 2026

Average rank

15

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
15
Price/Earnings
4
Price/Book
43
Dividend Yield
1
Value (overall)
4

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →