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Cambricon Technologies Corp Ltd
SSE:688256

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Cambricon Technologies Corp Ltd
SSE:688256
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Price: 1 699.96 CNY 20%
Market Cap: ¥716.9B

P/S

109.8
Current
4%
More Expensive
vs 3-y average of 105.4

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
109.8
=
Market Cap
¥432.5B
/
Revenue
¥6.5B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
109.8
=
Market Cap
¥432.5B
/
Revenue
¥6.5B

Valuation Scenarios

Cambricon Technologies Corp Ltd is trading above its 3-year average

If P/S returns to its 3-Year Average (105.4), the stock would be worth ¥1 632.12 (4% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-97%
Maximum Upside
No Upside Scenarios
Average Downside
52%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 109.8 ¥1 699.96
0%
3-Year Average 105.4 ¥1 632.12
-4%
5-Year Average 92 ¥1 424.28
-16%
Industry Average 8.5 ¥130.83
-92%
Country Average 2.8 ¥42.77
-97%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
¥432.5B
/
Jan 2026
¥6.5B
=
109.8
Current
¥432.5B
/
Dec 2026
¥14.9B
=
29
Forward
¥432.5B
/
Dec 2027
¥28.6B
=
15.1
Forward
¥432.5B
/
Dec 2028
¥57.4B
=
7.5
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
CN
Cambricon Technologies Corp Ltd
SSE:688256
597.4B CNY 109.8 346.5
US
NVIDIA Corp
NASDAQ:NVDA
4.9T USD 22.5 40.4
US
Broadcom Inc
NASDAQ:AVGO
2T USD 29 79.2
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
56.5T TWD 13.8 29.3
US
Micron Technology Inc
NASDAQ:MU
583.4B USD 10 24.2
US
Advanced Micro Devices Inc
NASDAQ:AMD
577.8B USD 16.7 133.3
US
Intel Corp
NASDAQ:INTC
474.6B USD 8.8 -149.5
KR
SK Hynix Inc
KRX:000660
701.7T KRW 7.1 16.1
US
Texas Instruments Inc
NASDAQ:TXN
254.9B USD 13.8 47.8
UK
Arm Holdings PLC
NASDAQ:ARM
223.4B USD 47.8 278.9
US
Analog Devices Inc
NASDAQ:ADI
196.4B USD 16.7 72.6

Market Distribution

Higher than 99% of companies in China
Percentile
99th
Based on 7 736 companies
99th percentile
109.8
Low
0 — 1.5
Typical Range
1.5 — 5.4
High
5.4 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.8
70th Percentile 5.4
Max 5 034 353.9

Cambricon Technologies Corp Ltd
Glance View

Cambricon Technologies Corp Ltd. emerged as a pioneering innovator in the rapidly evolving field of artificial intelligence, particularly within the semiconductor industry. Founded in China, the company has skillfully ridden the wave of AI advancements, establishing itself as a leader in AI chip design. Their forte lies in developing neural processing unit (NPU) chips, which are specialized for processing vast arrays of data while enhancing machine learning capabilities. Through this specialization, Cambricon delivers chips that empower a broad spectrum of applications, from smartphones and data centers to autonomous vehicles, catering to both consumer electronics and enterprise sectors. This strategic alignment with burgeoning AI demand allows Cambricon to capitalize on the growing necessity for efficient and powerful processing solutions. Cambricon's revenue model is largely anchored on the sale and licensing of its chip designs. By selling these AI-optimized chips and integrating them into a variety of electronic products, they earn directly from sales and leverage partnerships with technology giants seeking advanced AI capabilities for their devices. Simultaneously, their licensing strategy permits other semiconductor manufacturers to use Cambricon's architectures, ensuring a continuous revenue stream through royalties. This dual-channel income approach not only fuels the company's growth but also solidifies its standing in the AI semiconductor market, positioning it to benefit from the increasing global dependency on AI technologies.

Intrinsic Value
816.32 CNY
Overvaluation 52%
Intrinsic Value
Price ¥1 699.96
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