SMIC announced that revenue in 2023 was US$6.322 billion, down 13.08% year on year; net profit to mother was US$903 million, down 50.35% year on year. According to SMIC, the gross margin in 2023 is 19.3%, and the average annual capacity utilization rate is 75%, which is basically in line with the guidelines at the beginning of the year. As of the end of 2023, the company's total assets were US$47.8 billion, and the equity attributable to the company's owners was US$201 billion. The asset structure remained stable, with a monthly production capacity of 806,000 pieces equivalent to 8 inches.