Cambricon(SH:688256) Nan Fang Du Shi Bao·2025-10-18 02:15Core Insights - The company, Cambrian, reported a significant revenue increase of 1332.52% year-on-year for Q3 2025, reaching 1.727 billion yuan, with a net profit of 567 million yuan, marking a return to profitability [2] - For the first three quarters of 2025, Cambrian's revenue totaled 4.607 billion yuan, up 2386.38% year-on-year, with a net profit of 1.605 billion yuan [2] - Cambrian's financial turnaround began in Q4 2024, achieving a net profit of approximately 281 million yuan, which grew to 355 million yuan in Q1 2025, reflecting a year-on-year increase of 256.82% [2] - The company's stock price surged dramatically, reaching a peak of 1462 yuan on August 27, 2025, surpassing Kweichow Moutai's stock price and establishing Cambrian as a new "king" of stock prices in the A-share market [3] - As of October 17, 2025, Cambrian's stock price was 1247.68 yuan, with a total market capitalization of 521.967 billion yuan [4] Financial Performance - Cambrian's Q3 2025 revenue was 1.727 billion yuan, a substantial increase from previous periods, indicating strong growth momentum [2] - The company reported a net profit of 567 million yuan for Q3 2025, marking a significant improvement compared to prior losses [2] - Cumulative revenue for the first three quarters of 2025 reached 4.607 billion yuan, showcasing a remarkable year-on-year growth rate [2] Historical Context - Cambrian experienced significant losses from 2017 to 2022, with cumulative losses amounting to approximately 40.1 million yuan in 2017, peaking at 1.166 billion yuan in 2022 [2] - The company was founded in 2016 and focuses on the research and development of artificial intelligence chip products [3] Shareholder Impact - The stock price increase has significantly benefited investors, with notable investor Zhang Jianping reportedly gaining over 5 billion yuan in floating profits [3] - As of Q3 2025, Zhang Jianping increased his holdings in Cambrian to 640.65 million shares, representing a 1.53% ownership stake valued at approximately 8 billion yuan [3]