單季營收暴增820%!寒武紀Q4首度盈利,AI芯片龍頭逆襲?
2月27日晚間,寒武紀發佈業績快報,公司在2024年度的營業收入實現了顯著增長,但仍處於虧損狀態,儘管虧損幅度有所收窄。
具體來看,2024年實現營業收入11.74億元,較上年同期增加 4.65億元,同比增長65.56%。主要系報告期內公司持續拓展市場,積
極助力人工智能應用落地,使得報告期內收入規模較上年同期大幅增長。
歸屬於母公司所有者的淨利潤爲-4.43億元,較上年同期虧損收窄 47.76%。主要原因是報告期內營業收入較上年同期大幅增長及信用減值損失轉回。
此外,公司總資產爲67.25億元人民幣,較上年同期增長4.79%;基本每股收益爲-1.06元,較上年同期增長48.79%。

根據公司2024年第三季度財報,寒武紀前三季度實現營收1.85億元,歸母淨虧損大約7.24億元。
這意味着,按單季度算寒武紀第四季度實現營收9.89億元,環比暴增820.4%;第四季度實現歸母淨利潤2.815億元,這是寒武紀上市以來首次實現季度盈利。

總的來看,寒武紀2024年的業績表現呈現出積極的營收增長和虧損收窄態勢,顯示出公司在市場拓展和技術應用方面的成效。不過,持續的虧損和較低的淨資產收益率也反映出公司在盈利能力方面仍面臨挑戰。
未來,寒武紀需要在保持市場增長的同時,進一步優化成本結構,提升核心業務的盈利能力,以實現可持續的盈利和股東價值的提升。
此外,東吳證券近日發佈研報稱,給予寒武紀買入(首次) 評級。評級理由主要包括:1)厚積薄發,打造人工智能產業核心引擎;2)國產算力騰飛在即,寒武紀迎來黃金髮展期;3)智算未來先鋒,寒武紀引領國產算力新格局。
股價表現上,2024年寒武紀累計漲超380%,股價一度突破800元。2025年至今寒武紀股價再大漲超20%,最新總市值超過3300億元。

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