Cambricon's 2025 Net Profit Reaches 2.06 Billion Yuan, Turning Profitable; Revenue Growth Slows to 4x

WealthCoffee · 2026-03-15T15:26:09+00:00

Cambrian AI released in its 2025 annual report that revenue increased 453.2% year-over-year to 6.497 billion yuan, achieving annual profitability with net profit of 1.77 billion yuan. Quarterly revenue growth slowed significantly, with Q4 growing only 91%, while accounts receivable increased sequentially to 671 million yuan.

WealthCoffee

2026-03-15 15:26:09

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Caixin March 12 evening, Cambrian (688256.SH) announced its 2025 annual report, with revenue increasing by 453.2% year-on-year to 6.497 billion yuan; net profit attributable to shareholders after deducting non-recurring gains and losses was 1.77 billion yuan, marking its first annual profit, compared to a net loss of 865 million yuan in the same period last year.

Quarterly-wise, Cambrian’s revenue growth rate declined significantly. In the first two quarters of 2025, the company’s revenue grew over 40 times year-on-year, dropping to 13 times in the third quarter, and only 91% in the fourth quarter, reaching 1.89 billion yuan. As revenue increased, the net profit attributable to the parent after deducting non-recurring gains and losses in the fourth quarter was 351 million yuan, compared to a loss of 2.5 million yuan in the same period last year; however, accounts receivable also grew by 1.04 billion yuan quarter-on-quarter to 6.71 billion yuan.

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