登顶A股后 寒武纪称股价存在脱离基本面风险

Core Viewpoint - Cambricon Technologies Co., Ltd. (referred to as "Cambricon") has seen its stock price exceed 1500 yuan, becoming the "new stock king" in A-shares, with a significant increase in stock price compared to its peers and major indices [1][2] Group 1: Stock Performance - As of August 28, 2025, Cambricon's closing price reached 1587.91 yuan per share, reflecting a 133.86% increase from the closing price on July 28, 2025 [1][2] - The company's rolling price-to-earnings (P/E) ratio is 5117.75 times, and the price-to-book (P/B) ratio is 113.98 times, both significantly higher than the industry averages of 88.97 times and 5.95 times, respectively [2] Group 2: Revenue Forecast and Product Development - Cambricon projects its total revenue for 2025 to be between 5 billion yuan and 7 billion yuan, with no new product releases planned [1] Group 3: Supply Chain Risks - The company operates on a fabless model, relying on various suppliers, which poses risks to supply chain stability, especially given that some subsidiaries are on the "entity list," potentially impacting operational performance [1]