SMIC issues 36,300 shares: November 12 results matter for SMIC stock

Published on 10/20/2026 at 10:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 3.01 billion, up 20.00 percent. Gross margin was 25.30 percent, with November 12 results ahead for SMIC stock.

Results and margin timeline

SMIC issued 36,300 ordinary shares on October 13, 2026.
Second-quarter revenue reached USD 3.01 billion, up 20.00 percent sequentially.
SMIC's next earnings date is November 12, 2026.

SMIC, KYG8020E1199, Illustration mit AI erstellt.

SMIC (ISIN KYG8020E1199) issued 36,300 ordinary shares on October 13, 2026, after non-directors exercised restricted stock units under its 2024 Share Award Scheme, according to GMT EIGHT. The filing-related event adds a small equity issuance ahead of the company's next quarterly checkpoint. SMIC stock therefore enters the reporting period with operating figures that matter more than the share count.

Three dated corporate steps

On August 13, 2026, SMIC reported second-quarter revenue of USD 3,005.6 million and gross profit of USD 760.6 million, according to Second Order. The same reporting package set third-quarter revenue guidance at 2.00 to 4.00 percent sequential growth, while gross-margin guidance stood at 26.00 to 28.00 percent, also reported by Second Order.

On October 13, 2026, the company issued 36,300 ordinary shares through restricted-stock-unit exercises, as GMT EIGHT reported. The number is modest relative to SMIC's listed equity base, making the operating update the more material investor reference.

What does the margin guide mean?

SMIC's second-quarter gross margin was 25.30 percent, so the 26.00 to 28.00 percent third-quarter range points to a margin expansion of 0.70 to 2.70 percentage points. The Economic Times reported that SMIC raised prices for sought-after capacity as AI-related demand supported orders.

The same report said wafer shipments rose 14.00 percent from the prior quarter to 2.9 million eight-inch-equivalent wafers, while utilization reached 93.70 percent. That combination gives the margin target a clear operating test: higher pricing and mix must offset the cost of expanding capacity and production lines.

Dates for the next test

Investing.com lists November 12, 2026 as SMIC's next earnings date. The release should show whether third-quarter revenue stayed within the guided 2.00 to 4.00 percent sequential range and whether gross margin reached the 26.00 to 28.00 percent target.

SMIC stock and the next test

SMIC's HKEX market capitalization was HKD 514.5 billion on October 20, 2026. For investors, the next report will connect the company's USD 3.01 billion second-quarter revenue base with the margin range that management set for the following quarter.