Cambricon(SH:688256) Sou Hu Cai Jing·2025-08-29 06:45Core Viewpoint - The stock price of Cambrian (寒武纪) has declined by 5.6% to ¥1499, with a total market capitalization of approximately ¥627.07 billion, following a significant increase in the previous month [1][2]. Stock Performance - As of August 28, Cambrian's stock closed at ¥1587.91, reflecting a 15.73% increase, making it the new "stock king" of A-shares, surpassing Kweichow Moutai [5]. - The stock has experienced a 52-week high of ¥1595.88 and a low of ¥203.88, with a trading volume of 10.84 million shares on the latest trading day [2][5]. Financial Performance - Cambrian reported a revenue of ¥2.88 billion for the first half of the year, marking a year-on-year increase of 4347.82%, and a net profit of ¥1.04 billion, compared to a net loss of ¥530 million in the same period last year [9][10]. - The company expects to achieve an annual revenue between ¥5 billion and ¥7 billion for the year 2025 [3]. Market Risks - Cambrian issued a risk warning regarding its stock price, which has significantly outpaced the performance of most peers and major indices, indicating a potential disconnection from its current fundamentals [3]. - The company has no new product release plans and operates under a Fabless model, which may expose it to supply chain risks due to its inclusion on the "entity list" [5].