Company Profile · Technology

Cambricon Technologies Corp Ltd

688256 · Shanghai
Industry
AI Chips
Exchange
Shanghai
Country
China
Employees
1,107
Website
www.cambricon.com
Current Price
¥1,507.46
Live · Jun 18, 2026
Fair Buy
≤ ¥340
Margin-of-safety entry
Baillie Growth Score
47/100
Weak
Intrinsic Value · Three-Tier Range Current price ¥1,507.46 Live · Above the optimistic ceiling · future growth overdrawn

Composite valuation range · conservative ¥280–¥340 / fair ¥510–¥870 / optimistic ¥1,080–¥1,260. At ¥1,507.46, Above the optimistic ceiling · future growth overdrawn.

At publication ¥1,231 (Jun 11, 2026)

Research on this stock
Cambricon Technologies Corporation Limited
688256 · Shanghai
Avoid
Cambricon In-Depth Research

Cambricon is a Chinese AI chip design company whose cloud products now contribute almost all revenue and which achieved its first full-year profit in 2025. Revenue reached 6.497 billion yuan, up 453.21% year over year, but operating cash flow was a net outflow of 498 million yuan, the top five customers contributed 88.66% of sales, and trailing P/S was about 93.5x. Research rating Avoid: the earnings inflection has arrived, but the current price has nearly prepaid the next two rounds of execution, with an ideal buy range of 280–340 yuan.

AI Chips Baillie 47 Jun 11, 2026
About the company

Cambricon Technologies Corporation Limited engages in the research, development, design, and sale of core AI chips for terminal devices in China. The company offers cloud-based intelligent chips and boards, intelligent complete machines, edge intelligence chips and boards, and related supporting basic system software. It also provides smart accelerator cards, including the Siyuan 370 and Siyuan 270 series; intelligent computing modules comprising the Siyuan 220 module; terminal intelligent processor IP, which consists of Cambricon-1M and Cambricon-1H; and software development platforms, such as the Cambricon NeuWare and MagicMind. The company was founded in 2016 and is based in Beijing, China.

Financial snapshot
Market capCN¥821.17B
Revenue (TTM)CN¥8.27B
EBITDACN¥2.91B
Profit margin32.85%
ROE29.03%
P/E (TTM)306.09
Forward P/E0
EPSCN¥4.27
Dividend yield0.08%
52-week rangeCN¥349.02 – CN¥1,540.00

Data from EODHD, shown in the reporting currency; for reference only, not investment advice.

Background

History

Coming soonThis section is being filled in — check back soon.

Industry position

Coming soonThis section is being filled in — check back soon.