2024年第四季度，寒武纪迎来上市后首个盈利的季度，从业绩快报数据看，2025年则是寒武纪首个实现盈利的年度。随着2025年实现盈利，寒武纪的证券代 号有望摘"U"。不过，寒武纪第四季度的净利润环比下滑了。 按照业绩快报数据计算，第四季度寒武纪营收18.9亿元，环比增长9.4%，净利润4.55亿元，环比下滑19.8%。这是寒武纪连续第二个季度出现净利润环比下 滑，2025年第三季度，寒武纪净利润环比下降了17%。这或许意味着，在经历了快速的业绩增长后，寒武纪经营状况开始经历波动调整。 第四季度寒武纪净利润4.55亿元，环比下滑19.8%。 在发布业绩预告后、正式的财报披露前，2月27日收盘后，寒武纪（688256.SH）发布了一份业绩快报，显示2025年寒武纪营收64.97亿元，同比增长 453.21%，净利润20.59亿元，同比扭亏。 "报告期内，受益于人工智能行业算力需求持续攀升，公司积极推动人工智能应用场景落地，使得本期收入规模较上年同期大幅增长。"寒武纪表示，净利润 扭亏为盈主要是营收增长所致。寒武纪还表示，尚未发现可能影响本次业绩快报内容准确性的不确定性因素。 此次业绩快报披露的营收数据，大约是此前 ...

Core Viewpoint - The company, Cambricon, reported a significant increase in revenue and profit for the fiscal year 2025, driven by the rising demand for computing power in the AI industry [1][2] Group 1: Financial Performance - Cambricon achieved total revenue of approximately 6.497 billion yuan, marking a substantial increase of 453.21% compared to the previous year [1] - The net profit attributable to the parent company reached about 2.059 billion yuan, indicating a successful turnaround from losses, with basic earnings per share improving from negative to 4.93 yuan [1] - The net profit after deducting non-recurring gains and losses also turned positive, amounting to 1.770 billion yuan, demonstrating substantial support for the company's core business profitability [1] Group 2: Asset Growth - As of the end of 2025, Cambricon's total assets exceeded 13.445 billion yuan, reflecting a growth rate of 100.14% [2] - The equity attributable to the parent company reached 11.836 billion yuan, showing a year-on-year increase of 118.27% [2] - The rapid expansion of assets was driven not only by the significant revenue growth but also by the company's fundraising activities through issuing new shares to specific investors during the fiscal year [2]

（免责声明：文章内容和数据仅供参考，不构成投资建议。投资者据此操作，风险自担。） 2月27日盘后，寒武纪(688256.SH)发布2025年度业绩快报，报告期内公司实现营业收入64.97亿元，同比增长453.21%，归属于母公司所有者的净利润为 20.59亿元，同比扭亏为盈。 | | | | 中山: 八尺川儿 | | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期 | 增减变动幅 | | | | | 度(%) | | 营业总收入 | 6,497,196,198.68 | 1,174,464,377.35 | 453.21 | | 营业利润 | 2,061,390,034.78 | -455,745,242.97 | 不适用 | | 利润总额 | 2,059,381,570.35 | -455,769,055.47 | 不适用 | | 归属于母公司所有者的净利 | 2,059,228,538.67 | -452.338.791.01 | 不适用 | | 润 | | | | | 归属于母公司所有者的扣除 非经常性损益的净利润 | 1.769.934.157.68 | -864 ...

Core Insights - The company reported a significant increase in revenue and profitability for the fiscal year 2025, achieving a total revenue of 6.497 billion yuan, which represents a year-on-year growth of 453.21% [2][4] - The net profit attributable to the parent company reached 2.059 billion yuan, marking a successful turnaround from a loss in the previous year [2][4] - The company's total assets grew to 13.445 billion yuan, a 100.14% increase from the beginning of the year, while the equity attributable to the parent company rose to 11.836 billion yuan, up 118.27% [2][4] Financial Performance - Operating profit for the year was reported at 2.061 billion yuan, compared to a loss of 455.75 million yuan in the previous year [4] - The total profit for the year was 2.059 billion yuan, also a turnaround from a loss of 455.77 million yuan [4] - The basic earnings per share were reported at 4.93 yuan, recovering from a loss of 1.09 yuan per share in the previous year [4] - The weighted average return on net assets was 26.96%, an increase of 35.14 percentage points from -8.18% in the previous year [4] Growth Drivers - The substantial growth in performance is attributed to the increasing demand for computing power in the artificial intelligence industry, which has allowed the company to expand its market presence and drive revenue growth [2][4] - The company also raised funds through a targeted issuance of new shares, contributing positively to the growth of its asset and equity scale [2][4]

中科寒武纪科技股份有限公司 2025 年度业绩快报公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 本公告所载 2025 年度（以下简称"报告期"或"本期"）主要财务数据为初步核算 数据，未经会计师事务所审计，具体数据以中科寒武纪科技股份有限公司（以下简称"公 司"）《2025 年年度报告》为准，敬请投资者注意投资风险。 证券代码：688256 证券简称：寒武纪 公告编号：2026-002 一、2025年度主要财务数据和指标 项目 本报告期 上年同期 增减变动幅 度（％） 营业总收入 6,497,196,198.68 1,174,464,377.35 453.21 营业利润 2,061,390,034.78 -455,745,242.97 不适用 利润总额 2,059,381,570.35 -455,769,055.47 不适用 归属于母公司所有者的净利 润 2,059,228,538.67 -452,338,791.01 不适用 归属于母公司所有者的扣除 非经常性损益的净利润 1,769,934,157.68 -86 ...

Core Insights - The core viewpoint of the news is that Cambricon, a leading AI chip company in China, reported significant financial growth for the fiscal year 2025, achieving profitability for the first time since its listing on the STAR Market in 2020 [1][2]. Financial Performance - In 2025, Cambricon achieved a total revenue of 6.497 billion yuan, representing a year-on-year increase of 453.21% [1]. - The net profit attributable to shareholders reached 2.059 billion yuan, a turnaround from a loss of 0.452 billion yuan in the previous year [1]. - The company reported a net profit of 1.770 billion yuan after excluding non-recurring gains and losses, compared to a loss of 0.865 billion yuan in the prior year, indicating a strong core business performance [1]. Earnings Quality - Basic earnings per share improved from -1.09 yuan in the previous year to 4.93 yuan in 2025 [1]. - The weighted average return on equity increased from -8.18% to 26.96%, a rise of 35.14 percentage points year-on-year [1]. Asset Growth - By the end of 2025, Cambricon's total assets reached 13.445 billion yuan, a growth of 100.14% compared to the beginning of the year [2]. - The equity attributable to shareholders increased to 11.836 billion yuan, up 118.27% from the start of the year [2]. - The company’s strategic funding was bolstered by a private placement of shares during the year, enhancing its balance sheet [2].

| 421,685,170.00 | 417.456.753.00 | 1.01 | | --- | --- | --- | | 40 09 | 1000 | 11000 | | 股 本 归属于母公司所有者的每股 | | | | | | 2月27日，寒武纪发布业绩快报，2025年度公司实现营业总收入64.97亿元，同比增长453.21%；净利润20.59亿元，上年同期亏损4.52亿元。 | | | | THE AWIND | | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期 | 增减变动幅 | | | | | 度(%) | | 营业总收入 | 6,497,196,198.68 | 1,174,464,377.35 | 453.21 | | 营业利润 | 2,061,390,034.78 | -455,745,242.97 | 不适用 | | 利润总额 | 2,059,381,570.35 | -455,769,055.47 | 不适用 | | 归属于母公司所有者的净利 | 2,059,228,538.67 | -452.338.791.01 | 不适用 | | 润 | ...

Group 1 - The core point of the news is that Cambrian's performance report indicates a net profit of 2.06 billion yuan for 2025, a significant turnaround from a loss of 450 million yuan in the same period last year [1][3]

36氪获悉，寒武纪发布业绩快报，2025年实现营业收入64.97亿元，同比增长453.21%；归属于母公司所 有者的净利润20.59亿元，上年同期亏损4.5亿元。 ...

Group 1 - The core viewpoint of the article highlights that the company, Cambrian, reported a significant increase in revenue and profitability for the fiscal year 2025, driven by the rising demand for computing power in the artificial intelligence sector [1] - The company achieved a revenue of 6.497 billion yuan, representing a year-on-year growth of 453.21% [1] - Cambrian's net profit attributable to the parent company was 2.059 billion yuan, marking a turnaround from loss to profit compared to the previous year [1] Group 2 - The growth in revenue is attributed to the company's strong competitive product offerings and its active efforts to promote the implementation of artificial intelligence applications [1] - The demand for computing power, particularly in the core computing sector, has been a significant factor in the company's performance during the reporting period [1]