SMIC stock: Q3 results are due November 13 and SMIC stock falls 6.24 percent

Semiconductor Manufacturing International Corporation (ISIN KYG8020E1199) is due to report third-quarter 2026 results on November 13, according to Simply Wall St. The scheduled report gives investors the next checkpoint after a sharp deterioration in the Hong Kong quotation. On October 23, 2026, the stock stood at HKD 47.06 on HKEX, down 6.24 percent.

Second-quarter profit changed the scale

SMIC reported USD 479.20 million of net income for the second quarter of 2026, up 262.00 percent from the same period a year earlier, while revenue reached USD 3.01 billion, 36.00 percent higher year on year, according to Simply Wall St. The report also put profit margin at 16.00 percent, compared with 6.00 percent in the second quarter of 2025.

The operating improvement matters because the latest share-price move has gone in the opposite direction. The second-quarter figures therefore give the November report a clear test: investors will look for evidence that stronger demand is translating into repeatable earnings rather than a single-period jump.

Price position remains the immediate risk

SMIC stock was down 34.14 percent year to date on October 23, 2026, according to the HKEX market quotation. The same market view showed a market capitalization of HKD 600.59 billion and a trailing price-to-earnings ratio of 50.78.

The valuation leaves little room for a weaker earnings trajectory. A high multiple can support a strong reaction to another earnings surprise, but it can also amplify pressure if margins or revenue growth fall short of expectations.

What matters before November 13?

The next report should be read against the second-quarter margin of 16.00 percent and the USD 3.01 billion revenue base. Those figures set a concrete comparison for the next update, while the HKD 47.06 share price shows that the market is demanding proof that the profit increase can continue.

November reporting date sets the next test

Semiconductor Manufacturing International Corporation is scheduled to publish its third-quarter 2026 results on November 13, 2026. The announcement is the next dated company milestone after the second-quarter figures, and it will provide the next period for comparing revenue, profit and margins.

SMIC stock stood at HKD 47.06 on HKEX on October 23, 2026, down 6.24 percent on the day. The next earnings release will determine whether the second-quarter expansion in profit and revenue was sustained.