Donews reported on February 6 that SMIC released its financial report for the fourth quarter of 2023 tonight: sales revenue increased by 3 percent quarter-on-quarter6% to 16$78.3 billion (about $12.1 billion.)RMB01 billion); For the full year of 2023, the company's sales revenue will be 63$200 million (currently about $45.5.)RMB6.7 billion), with a gross margin of 193%, which is basically in line with the company's guidance at the beginning of the year.
Unaudited profit attributable to company owners for the full year 2023 was 9$0.2 billion, compared to profit attributable to owners of the company for the full year of 2022 of 18$1.7 billion, a decrease of 504%。The unaudited full-year sales revenue for 2023 is 63$200 million, down 13% year-over-year, with a gross margin of 193%, which is basically in line with the company's guidance at the beginning of the year. At the end of the year, it is equivalent to 8 inches, and the monthly production capacity is 8060,000 pieces with an average annual capacity utilization rate of 75%.
SMIC said: In the past year, the semiconductor industry was at the bottom of the cycle, with weak global market demand, high industry inventory, slow destocking, and fierce competition in the industry. As a result, the Group's average capacity utilization rate decreased, the number of wafers sold decreased, and the product mix changed. In addition, the Group is in a period of high investment, with depreciation increasing compared to 2022. Together, these factors affected the Group's financial performance in 2023.
SMIC expects sales revenue to be flat to 2% QoQ for the first quarter of 2024, with gross margin expected to be in the range of 9% to 11%.
By application, SMIC's Q4 revenue accounted for 30 percent of smartphones2%, computer tablet 306%, consumer electronics 228%, smart home 88%, automotive industry 76%。Looking at the proportion of revenue contribution by region, the revenue from China accounted for 808%；The U.S. region accounted for 157%, and the Eurasian zone accounted for 35%。
By wafer size, 12-inch wafer revenue accounted for 742%, and 8-inch wafers accounted for 258%。In terms of production capacity, SMIC's monthly production capacity increased from 79 in the third quarter of 2023The equivalent of 575 8-inch wafers increased to approximately 80 in the fourth quarter of 202355 8-inch wafers are about equivalent, and the new production capacity in 2023 will be 9150,000 8-inch wafers are about equivalent. Q4 capacity utilization was 768% with an average annual capacity utilization rate of 75%.