Brief Introduction

Cambricon Technologies Corporation Limited (Cambricon) was founded in March 2016.As a pioneer in the global smart chip field, Cambricon focuses on a new AI ecosystem with "End + Cloud" fusion and is committed to manufacturing core processor chips for various intelligent cloud servers, intelligent end devices, and intelligent edge devices, allowing these machines to know more about humans and facilitating a better life.

Cambricon has entered into partnerships with enterprises upstream and downstream in the AI industry and is expecting to build a new AI ecosystem together with partners across the world. To do this, we will remain open and attend to the mutual benefit of both parties in the partnership. We will continue to drive the development of AI computing with breakthroughs and innovations.

Company Overview

Full name Cambricon Technologies Corporation Limited
Abbreviations Cambricon
Code 688256
Founded 2016.3.15
Listing 2020.7.20
Domicile Beijing
Website http://www.cambricon.com/
Email IR@cambricon.com
STAR Theme New Generation IT
CSRCSector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2019 2018 2017
Earnings Per Share -3.27    
R&D expenditure as a % of operating revenue 122.32% 205.18% 380.73%
Operating Revenue 443.94 117.03 7.84
Net Income -1,179.13 -41.05 -380.70

Income Statement (Unit: RMB mn)

  2019 2018 2017
Operating Revenue 443.94 117.03 7.84
Operating Costs 141.23 0.12 0
Operating Income -1,178.32 -41.33 -380.70
Pretax Income -1,179.13 -41.05 -380.70
Income Tax      
Net Income -1,179.13 -41.05 -380.70

Balance Sheet(Unit: RMB mn)

  2019 2018 2017
Assets
Current Assets-Total 4,451.24 2,953.94 569.43
Non-current Assets-Total 217.23 87.51 20.75
Total Assets 4,668.47 3,041.45 590.18
Liabilities
Current Liabilities-Total 237.98 2,447.77 506.64
Non-current Liabilities-Total 74.02 83.03 50.47
Total Liabilities 311.99 2,530.81 557.11
Stockholder's Equity
Share Capital 5,211.12 933.50 414.89
Retained Profits -854.64 -422.86 -381.81
Total Owners' Equity 4,356.48 510.64 33.08

Cash Flow Statement (Unit: RMB mn)

  2019 2018 2017
Net Cash Flows-Operating -201.80 -55.49 -23.52
Net Cash Flows-Investing -2,468.48 -1,221.41 -309.67
Net Cash Flows-Financing 1,699.95 2,405.07 495.94

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Chen Tianshi 119.50 29.87%
Beijing zhong ke suan yuan zi chan guan li you xian gong si 65.67 16.41%
Beijing ai xi ke ji zhong xin(you xian he huo) 30.65 7.66%
Suzhougongye yuan qu gu sheng dai chuang ye tou zi qi ye(you xian he huo) 14.15 3.54%
Guo tou (shanghai) ke ji cheng guo zhuan hua chuang ye tou zi ji jin qi ye(you xian he huo) 14.12 3.53%
Nanjing zhao ying dian xin xin qu shi ling xiao cheng zhang gu quan tou zi ji jin he huo qi ye(you xian he huo) 13.00 3.25%
Ningbo han gao tou zihe huo qi ye (you xian he huo) 12.34 3.08%
Shenzheng xin xin tou zi he huo qi ye(you xian he huo) 8.57 2.14%
Beijing ai jia xi ke ji zhong xin(you xian he huo) 8.49 2.12%
Alibaba Investment Limited 6.98 1.74%
30 Sep 2020

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