Cambricon(SH:688256) Sou Hu Cai Jing·2026-01-30 10:26Core Viewpoint - The company, Cambrian, expects significant revenue growth and profitability turnaround by 2025, driven by advancements in artificial intelligence chip technology and market demand [2][4]. Group 1: Revenue Expectations - Cambrian anticipates achieving annual revenue between 6 billion to 7 billion yuan in 2025, representing an increase of 4.826 billion to 5.826 billion yuan compared to 2024, which translates to a growth rate of 410.87% to 496.02% [2]. - In 2024, the company reported an operating revenue of 1.174 billion yuan [4]. Group 2: Profitability Outlook - The company projects a net profit attributable to shareholders of the parent company between 1.85 billion to 2.15 billion yuan for 2025, marking a turnaround from a loss in the previous year [4]. - The expected net profit, excluding non-recurring gains and losses, is estimated to be between 1.6 billion to 1.9 billion yuan [4]. - In 2024, Cambrian reported a total profit of -456 million yuan and a net profit attributable to shareholders of -452 million yuan [4]. Group 3: Market and Performance Drivers - The company attributes its performance improvement to the ongoing demand for computing power in the artificial intelligence sector and its competitive product offerings [5]. - Cambrian is actively promoting the implementation of artificial intelligence applications, which has contributed to its revenue growth and overall operational performance [5].